NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.
Price just Reduced! We are pleased to present 2939 Brighton Ave in the trendy West Adams submarket of Los Angeles just south of Adams and west of Normandie Ave. 2939 Brighton Ave is a charming 7 unit offering, with 2 units in the front building and 5 bungalow units in the rear of the property. The subject property is located on one of the more highly desirable streets in the West Adams area on a block consisting of mostly single family homes offering a quiet reprise in the middle of Los Angeles. The property features an excellent unit mix consisting of (4) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (1) 2 Bed / 2 Bath / Den units on a large 7,100 square foot lot. Contact listing agents for an offering memorandum.
NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.
We are pleased to present a value-add 8-unit apartment building in the heart of East Hollywood, just blocks from Virgil Village, Silverlake, and close to Los Feliz and Hollywood. The subject property consists of eight one bedroom, one bath units of which two will be delivered vacant. This property comprises of two buildings totaling approximately 5,624 square feet on an approximately 6,970 square foot parcel of land zoned C4-1D. The lot is zoned C4-1D and is in Tier 3 of TOC (transit-oriented community) allowing for the development of +/- 29 units using TOC, and potentially more units using ED1 as a 100% affordable project. Currently there is room for four car parking (two tandem spaces) and addition courtyard space. There is likely enough room on this site to build a detached ADU. Buyer to verify all development potential with their own architect. All development is subject to the Vermont/Western Station Neighborhood Area Plan. Seller and Broker make no representations as to developability of this property. At this time the building is master leased to APLA Health but will be delivered with no master lease in place. All of the leases are with Section 8 tenants and five of the six remaining tenants are paying significantly below market rents. There is immediate upside by increasing the current rents to 4% and filling two vacancies bringing you to an immediate 6.2% cap rate. After a 4% rent increase and filling two vacancies, there still remains an additional 36% upside in rents. The sale of the property is contingent upon approval of an early loan payoff by the state of California. East Hollywood borrows elements from neighbors Silverlake, Los Feliz, Echo Park, Larchmont Village and wraps them up in an attainably priced package. One notable architectural marvel, The Hollyhock House, was designed by Frank Lloyd Wright for oil heiress Alice Barnsdall, who also serves as the namesake for the structure's surrounding Art Park. With the neighborhood seemingly evolving by the day, East Hollywood's near 250-year history is just getting started. An equal mix of hyped hotspots attracting visitors far and wide and local institutions that have helped shape the neighborhood, East Hollywood is the place for those who want a neighborhood atmosphere with the big city at arms' length. Family-owned bars like Tiki-Ti and cornershop coffee house Cafecito Organico lend a more neighborly feel to East Hollywood, but the glitz and glimmer of L.A. is still ever-present in this historic neighborhood. Multi-cultural and family-oriented, East Hollywood is a great place to spend a year or a lifetime.
2 LOTS in 1, wow, breathtaking L.A. and Dodger Stadium, Mt Washington panoramic views, very desirable location to build on, to whats there now and more!. Currently 2 separate units, one is 2 bd 1 bth, second unit, 1 bd, 1 bth, great potential, enough land to build more, pool, panoramic gazebo and more. Great neighborhood, close to shopping, food, entertainment, quick access to freeways, LA, Pasadena, Glendale, and much more. Time to get these units plus land! Have an imagination of what can be, come make this yours NOW!
Priced well-below replacement cost at just $182/SF, 2649 Marengo Street is a 24-unit apartment property for sale in Los Angeles’ Boyle Heights neighborhood. The property’s desirable unit mix, spacious floor plans, huge upside potential, and great location proximate to Downtown Los Angeles amenities make this an excellent value-add opportunity. Additionally, there may be potential to develop six ADU's (buyer to verify). 2649 Marengo Street is a three-story, 29,096-square foot 1989 construction with a strong mix of six one-bed/one-bath, 10 two-bed/one-bath, six three-bed/two-bath, and two four-bed/two-bath units. The units boast extra large floor plans, making this property an attractive rental option. Each building has its own laundry room, and the property also offers a playground, 29 surface parking spots, and 22 tuck-under parking spots. Located in Boyle Heights, the property has easy access to Downtown Los Angeles’ entertainment and major employers, such as the nearby USC Medical Center. Boyle Heights’ proximity to Downtown has also made it a target of redevelopment in recent years, with nearby developments including new student housing, expansion at the medical center, a new hotel, and more.
This property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 5 % Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Seven bedroom It have Four storage use for tenant and you can charge. One for $150 each. Five bath units.
10 UNIT BUILT 1995. ACROSS FROM KEDREN COMMUNITY AND HEALTH CARE CLINC. THE AREA HAS IMPROVED SUBSTANTIALLY AND CONTINUING TO IMPROVE YEAR BY YEAR. LARGE UNITS WITH 18 TANDEM PARKING. CAPITAL IMPROVEMENTS IN 2023. ACTUAL 7 CAP SEE ATTACHED SUPPLEMENT. $269K PER UNIT & $276 PSF. THE PROPERTY WAS APPRAISED IN 2019 BY MALAGA BANK @ $2.8M WHEN GROSS RENT WAS $208K. PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENT IS THE OWNER. LAUNDRY ROOM HAS W/D HOOK UP READY FOR NEW LAUNDRY MACHINES. ONE OF THE 3 BED UNIT VACATING NOV 1.
Fully stabilized 4-unit!! Seller financing available with 50% down, 5.5% interest rate. Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges, and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line, and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units. All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pocket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and only 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles! Please drive by only, do not disturb tenants.
The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. The building is separately metered for both gas and electricity. There are remote security cameras throughout the property that allow ownership 24-hour viewing access. There is an excellent ADU opportunity for this deal with the (8) large tandem parking spaces in the ground-level parking area. In addition, there is a large owner unit-type space that could easily be converted into an ADU space. This is an incredible opportunity to take advantage of LA's need to add more housing and increase capital through building ADUs on land you already own. The property is located in a quiet Hollywood neighborhood that features easy access to transportation, shopping, schools, and major Hollywood attractions. Just down the block is the La Mirada city park which is ideal for kids and a quiet break from city life. There is also ample street parking for visitors or guests. Enjoy the fun and excitement of Hollywood while owning in a quiet Hollywood neighborhood area. There is easy access to the Santa Monica and Hollywood Blvd 101 Freeway off-ramps and exits.
This is a great opportunity for investors. This is a triplex property. The current landlord keeps the property well-maintained. It is located south of the 10 freeway and north of the 60 freeway. Both freeways are easy to access and a short drive. It is a few minutes drive to Cal State LA and East LA Community College. There are local restaurants nearby and also within walking distance. A nearby Food4less grocery store. Also, the metro is nearby. You don't want to miss out on this great opportunity.
Calling all investor buyers! Fully occupied triplex with tons of original charm and character. All three units feature Swiss-inspired woodwork, high-beamed ceilings, loft spaces, cozy fireplaces, 1-car garages plus in-unit laundry. 2BR/1BA paying $1,853.63/month, 1BR/1BA paying $1,860.84/month and 1BR/1BA paying $2,292.44/month. Conveniently located within blocks of the Metro Expo Sepulveda station, trending shopping, dining, and entertainment. The property will be sold as-is and fully occupied. Please do not disturb occupants.
We are pleased to exclusively offer for sale 811 Kodak Drive, a charming, well-maintained, pride of ownership fourteen-unit apartment building built in 1926. The property boasts a favorable unit mix of twelve (12) studio units, and two (2) one-bedroom one-bathroom units. 811 Kodak Drive, is a prime investment opportunity for investors with a highly desired neighborhood.811 Kodak Drive is a premium investment opportunity located in the highly sought-after neighborhood of Sliver Lake. This desirable location not only enhances the quality of life for occupants but also promises a robust demand for the property, making it a lucrative investment for potential buyers. The blend of vintage charm, modern convenience, and strategic location make 811 Kodak Drive a truly standout property in Sliver Lake's real estate landscape.
Great intercity investment opportunity on a 2001 built duplex. Duplex located near 110 fwy, close proximity to USC, Downtown LA, metro line and bus lines. Property has a small lot for less overhead expense on maintenance. Another great feature is the 2 car garage.
2 units. Front unit 3 bed/1 bath, back unit 2 bed/1 bath. Central location and very close to freeways and transportation. Great Investment opportunity.
Great investment opportunity! Ample parking at the rear of the property. Desirable bedroom/bathroom count. Central location and very close to freeways and transportation.
Great investment opportunity! Ample parking in the rear. Desirable bedroom/bathroom count. Central location and very close to freeways and transportation.
Great investment opportunity! Two car attached garage with an additional 2-car driveway. Desirable bedroom/bathroom count. Central location and very close to freeways and transportation.
Discover Your Dream Hollywood Haven - An Unparalleled Lifestyle Awaits! Step into the epitome of luxury living near the heart of Hollywood at 1303 N. Citrus Ave, Los Angeles, CA 90028. This magnificent recent build property, a rare gem in the bustling city, is now on the market for those who seek an extraordinary lifestyle amidst the glamour and dynamism of Los Angeles. This exquisite triplex spreads generously across 4,597 square feet of meticulously designed space. Comprising an impressive 9 bedrooms and 6 bathrooms, this building offers an expansive and versatile living area tailored to meet the demands of both lavish entertainment and tranquil relaxation. As you enter the open and contemporary kitchens captivates with modern aesthetics and high end finishes, setting the stage for culinary exploration and social gatherings. The living rooms, all bathed in natural light, offer a welcoming space for guest and family, promoting a sense of togetherness and comfort. The luxurious bedrooms serve as serene sanctuaries, providing ample space for rest and rejuvenation. The modern, spacious bathrooms reflect a spa-like ambiance, offering a retreat within the homes. Nestled in a prestigious Hollywood adjacent location, this property places you at the center of entertainment, culture, and convenience. With downtown and a myriad of amenities within easy reach, the vibrant lifestyle of Los Angeles/Hollywood is yours to embrace. This property not only serves as a stunning residential space but also offers an exceptional investment opportunity, ideally positioned for lucrative short-term rental ventures to create your business income. This is more than just a home, it's a lifestyle statement. Seize the opportunity to own a piece of Hollywood luxury. Schedule your viewing today and take the first step towards living your dream at 1303 N. Citrus Avenue.
ONE 4 BEDROOM UNIT TO BE DELIVERED VACANT! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!
ONE 4 BEDROOM UNIT TO BE DELIVERED VACANT! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!
!!GREAT OPPORTUNITY!! * A TRUE GEM * 4918 - 4920 * LIVE IN ONE UNIT * RENT OTHERS * GREAT INCOME PROPERTIES * UNITS WERE REMODELED 11 YEARS AGO * WELCOME TO THESE AMAZING SOUTH LA LOCATION * 3 UNITS * WITH SEPERATE ENTRY * TWO - 2 BEDROOMS * 1 BATH * PLUS 1 BEDROOM * 1 BATH * NOT PERMITTED. SEPERATE 2 CAR GARAGE * AMAZING PARKING SPACE FOR 3 OR MORE CARS * GATED ENTRANCE WITH FRUIT TREES IN FRONT AND IN BACK YARD. 2 SEPERATE GAS METERS * 2 SEPERATE ELECTRIC METERS # 2 SEPERATE WATER HEATERS * PRIVATE GATED ENTRY THROUGH BACK ALLEY WITH EXTRA PARKING SPACE * HOME HAS BLOCK FENCING ON ONE SIDE * NEAR PARKS, SCHOOLS, FRWY'S ETC... MUST SEE TO APPRECIATE!!!
Great Oppurtunity to own a duplex in Los Angeles. Both units are 2 bedrooms 1 bath each. They have laminate floor thoughtout. They each have laundry hookups inside. The front yard is decent size and it has a big back yard with a 2 car detached garage. Close to the 105 Freeway and very close to Athens Park.
Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $128,125.00 cost per unit and $254.00 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena and just minutes from Koreatown. CURRENT CAP RATE 4.68% / CURRENT GRM 12.9 PRO FORMA CAP RATE 10.01% / PRO FORMA GRM 7.6
Seller financing available at 4% IO with 40% Down! 2709 Pico Blvd is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sqft building is offered at only $138k/unit and $165/sqft. The property is currently operating at a 5.47% CAP and 9.49 GRM. There is still over 39% upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
Los Angeles is located in California. Los Angeles, California has a population of 3,949,776. Los Angeles is less family-centric than the surrounding county with 30.49% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.
