Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retails barber shop, vitamin shop, storage area and 2 bedroom and 1 bathroom apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from Compton Avenue to barbershop (front building). Another one from 67th Street to the individual unit house.
Calling all investors. Great development and also potential cashflow opportunity. Property is located 1 block WEST of USC, and within the security patrol zone. 2 Units were recently added in 2016, with permits, and have been collecting 3k a month total since then. Units are 1bed/1bath each and come nicely equipped with a gas stove, a standard size fridge, a wall ac unit, and 1 open air parking space. Parking is also easily accessible via an electric motor gate that leads directly to and from the alley. Front house has had plumbing and electrical upgrades as well---full house wiring and plumbing. House also has dual pane windows throughout.
*Attention Developers this property is Zoned LAC-1 for more information check with la building and safety * This property is subject to 1031 Exchange * The Owner is California Real Estae Broker * Next to Glendale * Property is under LAHD * Only one unit in the back have washer and dryer * Please do not disturb the tenants * Inspection will be after offer acceptance
Here is an excellent investor/owner user/rental income triplex property located off Ocean Park Blvd bordering Santa Monica. This corner lot property has a separate standing front house that faces Ocean Park Blvd. - 3 Bedrooms, One Bath. (Note 3rd Bedroom in house converted garage - permit status unknown) Laminate flooring throughout the house, lots of natural light. Nice size gated private backyard separates 2nd Building which consists of two upper one bedroom, one bath units over 4 one-car garages. Garages offer additional rental income or ADU potential. Close by 10 Fwy access, schools, shopping and coffee shops/restaurants. This wonderful Santa Monica adjacent property offers a great upside potential or buy as is for immediate rental income. Sold As Is, Fully Tenant occupied, month to month leases. Seller will assist with concession for tenant relocation fees. Garage rents ($658) are included in gross rental amount.
The property features 2 units of (1) 2 bedroom, 1 bathroom, (2) 1 bedroom 1 Bathroom, (1) Car Garage . The front yard fully fence , there is plenty space for car parking in the drive way and the rear Alley Access . Perfect starter income property that sits minutes away from Downtown Los Angeles and offers access to all major freeways. Tenants Will Be out at the close of escrow
We're proud to present the sale of 2314 W Pico Blvd. A Prime Value-Add Opportunity at the heart of the Pico Union Neighborhood. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. The offering consists of 16-Units with a low price per SQFT ±$276 which offers a whopping Proforma CAP Rate of over ±8.52% and low Proforma GRM of ±8.46x (Buyer to verify)! Built in 1922, this building consists of 16 exceptional units totaling ±9,408 SF of square footage on a sizeable ±7,003 SF lot. The property is an easily maintained two-story building, with a efficient unit mix of (16) large studios averaging ±500 SQFT each. Each unit offers spacious and functional layout which includes large full kitchens & bathroom with a large closet space. The building has undergone major capital improvements in the recent years which include: full electrical upgrade (service and main panel - 2019), earthquake retrofitted (2019), and new mini split A/C system for each unit. 2-Units have been fully upgraded: Paint, Flooring, Appliances, Cabinets and Countertops. (Buyer to Verify) and 4-Units have been updated with Paint, Flooring and Appliances. (Buyer to Verify) Right off Pico Blvd & Magnolia Ave, located within 5-12 Minutes away from Koreatown, Downtown Los Angeles Financial District, University Park, MacArthur Park, Mid-City, Country Club Park, Silver Lake, Echo Park, East Hollywood, and Historic Filipino town. 2314 W Pico Blvd is in perfect adjacency to many of Los Angeles trendiest boutique restaurants, coffee shops and upscale bars, It’s location also provides easy access to many of the city’s largest & strongest employers and major retailers. Some of employers include University of Southern California, Fashion Institute of Design & Merchandise, Crypto Arena, Koreatown Plaza, Los Angeles Convention Center, Los Angeles Financial & Arts District, Netflix, Paramount Studios, Sunset Gower, LACMA, Los Angeles City College, and American Career College. All of this while providing easy access to the 101 & 110 Freeways
Property located walking distance to Freemont High School and middle schools. Great access to public transportation and 110 freeway entry. Surrounded by markets and stores makes it easy to walk to all local places. Property newly painted and well maintained. Parking for multiple cars in the rear for easy to find parking. Stop by and visit this well maintained duplex for you to rent one and live in the other.
JUST REDUCED! 6064 Cashio Street, built in 1930, is a Spanish-style duplex located in the highly sought-after Pico-Robertson neighborhood, between Beverlywood, Faircrest Heights, and Beverly Hills. This well maintained duplex comprises (two) 2 Bed + 1 Bath units, totaling 2,891 sqft of living space, on a 5,675 sqft lot, with a detached 4-car garage. Both units feature fireplaces, hardwood & tile flooring throughout, tiled kitchens & bathrooms, and each unit has its own in-unit washer/dryer. The lot is situated in a TOC Tier 3 Zone, which may allow for the addition of ADUs or extra units (buyer to verify). The backyard has a large open patio, and upper unit features two balconies. This highly desirable location offers residents and visitors an impressive array of entertainment, lifestyle, and retail amenities. Residents can enjoy boutique shops, chic restaurants, trendy meeting spots, and artistic venues within minutes. With a WalkScore of 86, this pocket of Pico-Robertson is a walker's and biker's paradise. Residents can leave their cars parked and enjoy numerous dining, shopping, and employment opportunities within walking distance.
First time on the market in 26 years. Excellent property to invest or to make it your home.Located steps away from Sunset Blvd. and all the restaurants, coffee shops, etc. The front home offers a 4 bedroom/2 baths home with its own laundry room, while the back building has a 1bedroom/1 bath on the second floor, Underneath it has a studio with a full bath.Next to the studio, the 2 car garage which is drywalled and fully insulated. The garage opens to the Back ally. There is also street parking available. ALL SQUARE FOOTAGE IS PERMITTED. CITY APPROVED BLUEPRINTS WILL BE PROVIDED TO NEW OWNERS.
4 units property and being used as 7 units. 3 units are being rent out per room. Property is conveniently located in moments from downtown LA, Westlake MacArthur Park Metro. 8 blocks from downtown LA.
Exceptional Investment Opportunity: Prime Multifamily Complex Near Major LA Attractions Discover an unparalleled investment opportunity with this impressive 5-unit, 7-bedroom, 5-bath apartment complex, ideally situated near USC, the LA Convention Center, Crypto.com Arena, the Grammy Museum, L.A. Live, the Natural History Museum, the California Science Center, and SoFi Stadium. With over 4,300 sq. ft. of living space on a generous 6,700+ sq. ft. lot, this property offers significant potential for additional units or ADU (Accessory Dwelling Unit) development to enhance rental income. The complex includes 4 private garages and one additional open parking space. Featuring charming Spanish-style architecture with privacy gates and ornate fixtures, this property has been thoughtfully upgraded with new flooring throughout, new energy-efficient windows, and a brand-new roof. Some units also include remodeled kitchens and/or bathrooms. This is the first time the property has been available on the market in many years, after being held within the same family for generations. Please do not disturb the current occupants. Interior viewings are available only with an offer. Seize this rare opportunity to invest in a well-located, high-potential property that combines both classic charm and modern upgrades.
Outstanding opportunity to own a very well maintained and consistent income producing four unit building in a convenient Westside location. The complex is comprised of dual two-story duplexes with no shared walls, each unit has two bedrooms and one bath in approximately 800 square feet. Both upstairs units, 1606 1/2 and 1608 1/2, have been completely updated with hardwood floors, remodeled bathrooms, remodeled kitchens, updated appliances and provide a small outside patio area. There are washer and dryers in three of the units already and the fourth has hook-ups installed. In addition, there is one car detached, covered parking for each unit. The building has very low vacancies and leases quickly. It is a highly coveted Westside location near shops, markets, restaurants and public transportation including nearby Bundy expo line station. PLEASE DO NOT WALK PROPERTY OR DISTURB TENANTS.
Welcome to this absolutely stunning 4plex located in the heart of Boyle Heights. 4 units that consist of 2 bedroom and 1bathroom each, over 5184 of combined living space. Each unit has its own separate spacious garage with a parking space at rears of the unit. All 4 units are individually metered. Located in a desirable location, withing walking distance to Downtown Los Angeles, Soto Station, and to shopping centers. Easy access to major freeways.
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
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