Fist time on the market in over 20 years. Eight unit apartment building. Comprised of seven one bedrooms and one two bedroom. Centrally located with no vacancy. Seven parking spots, Laundry equipment belongs to the owner. Upside on rents.
This is a great opportunity to generate positive cash flow. It's a fourplex plus a storefront that can be used in various ways. Three units were updated with new flooring, countertops, and cabinets. This property is also ideal for a non-profit business. It is centrally located to downtown, the airport, and the 110/105 freeways. All offers are to be submitted subject to inspection.
930 S Mansfield Avenue. Vacant lot with approved ready to issue (RTI) plans for a four-story, 24,122-square-foot, 19-unit residential apartment complex in one ofthe most desirable and sought-after communities in Los Angeles. Centrally located in Miracle Mile, a vibrant community full of culture and a wealth of walkable retail offerings. Residents can travel around town through myriad transportation options, such as the Union Station Commuter Rail, Interstate 10, Hollywood Freeway, and State Route 2, located less than 4 miles away. Photo is a rendering of the building..
Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Prime RTI Opportunity Across from Park with Downtown LA Views! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With easy access to LA's best dining, shopping, and cultural hotspots, this location promises high occupancy and premium rental rates. Key Features: RTI Approved: All permits ready, saving you time and money. Three-Unit Conversion: Transform a single-family property into a high-yield, multi-family building. Exceptional Design: Beautiful layouts that appeal to tenants seeking style and functionality. Spectacular Views: Park-front location with stunning vistas of Downtown LA. High Rental Demand: Prime spot for long-term returns in a highly desirable area. This is a turnkey investment opportunity where location, design, and timing come together perfectly. Don't miss out secure this property and start construction without delay. Calling all savvy investors: Contact us today to discuss how this can be the next stellar addition to your portfolio!
Exceptional owner-user potential awaits with this lucrative opportunity. Immerse yourself in the grandeur of this vast property, spanning lot size over 8,200 square feet in the lively heart of Hollywood, California. This unique offering includes a captivating front house and two generously sized rear units, each brimming with untapped possibilities. The main residence unfolds with a spacious layout, featuring a total of 10 bedrooms, a meticulously designed kitchen, and 4 modern bathrooms. Simultaneously, the two rear units offer inviting 1-bedroom layouts, equipped with stylish bathrooms, fully appointed kitchens, and the added convenience of separate washer and dryer hook-ups. Parking is abundant, providing 4 covered carport spaces and additional room in the driveway for your utmost convenience. Beyond the property's allure, its strategic location is key. Positioned with precision in proximity to major movie studios, premier shopping destinations, and a plethora of exceptional dining establishments in the heart of Hollywood. Seize this unparalleled opportunity and ensure it doesn't slip away. Whether you're looking for a lucrative investment or a prime owner-user scenario, this property holds the promise of both. Act now to make it yours!
*Trojandale is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.
INVESTOR'S DELIGHT, OR OWNER USER. BOTH UNITS ARE VACANT. TWO HOUSES ON A SPACIOUS CORNER LOT IN MID-CITY LOS ANGELES. FRONT HOUSE IS A FIXER AND HAS 2 BEDROONS ONE BATH. BACK HOUSE IS ONE BEDROOM ONE BATH. "OFFERS ARE SUBJECT TO INSPECTION".
"Brand New Construction" in Montecito Heights. 2 detached homes and JADU on one lot. Separate addresses and utilities. Front house, 4205 Mercury Ave., 1650 +/- sq feet. Brand new construction. Featuring 3bd 2.5 ba. Open floor-plan. Entertainers delight. Gourmet kitchen with island sitting. Bar counters with glass cabinets. From living room, access to the outdoor deck. Multiple view decks for outdoor entertainment. Rented for 4,090.00. 4205 1/2 Mercury Ave., was the existing back house. View galore. about 1000 Square feet. Featuring, 2 storey, 2bd 2.5ba, Totally 100% remodeled in 2024. Brand new kitchen, plumbing, bathrooms, electrical, roof, windows, water heater, doors, flooring, central air/heat, electric panel and much, much more. Private outdoor patio with panoramic views. Rented for $3,075.00. 4205 1/4 is studio. about 300 +/- square feet. Rented 1,975.00. The property is located in the Montecito Heights area. It's LA's up and coming neighborhood. California living at its finest. Close to Fwy, DTLA & Pasadena. ALL tenants are Section 8 tenant. Rents are on time and guaranteed. For owner occupancy buyers, the 4205 lease terminates on 4/8/2025 and 4205 1/2 lease terminates on 5/8/2025. The rents are at PREMIUM and ACTUAL.
Seller finally says Sell! Over a $1M price reduction ! 5.25 cap with significant upside and room to convert the recreation rooms into two ADU's. Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles, CA.This Property has been in same family for over 40 years. Rents are 35 % below market ! The Market Cap Rate is over 8% with a 9 x GRM. Property has an inviting lobby - large pool- elevator - room to add multiple ADU's , a gym and a roof top deck. The property was built in 1965 but completely renovated in the 1980s. Units have central A/C . Walk score is 94. Premiere hiking trails nearby as well as Hollywood and Sunset Blvd eateries and shops.This is an amazing rental area -one of the most trendy, desirable and walkable neighborhoods in LA.Metro line is only a 15 min walk away and centrally located with Easy access to 101 freeway , Downtown and the San Fernando Valley. There is a tremendous amount of development and job availability in the immediate area.Netflix, Sunset Gower Studios, Nickelodeon, Capital Records within a 10 min drive. This property is surrounded by condos and an astute buyer can take this property to the next level with some cosmetic upgrades.
This East Hollywood quadruplex is located in the highly desirable Melrose Hill area of Hollywood, recently rated as one of the coolest neighborhoods in the world. Walking distance to Lemon Grove Park, and close to all the studios, trendy restaurants, coffee shops and entertainment Hollywood has to offer. There are three one bedroom/one bathroom units, one of which has been entirely remodeled. There is a two bedroom/two bathroom unit, which has also been remodeled recently. This is a great opportunity for an investor or owner-occupied investor. This fourplex is in an area that is clearly moving up in value, with many brand-new apartments being constructed around this one, and we have priced it at the price of a 3-unit property!!! This is the best deal you will find in LA! East Hollywood has been in a resurgence, which makes it a great opportunity to own a property now before the prices become unattainable. The property has a recently added laundry area, and three of the units have tankless water heaters. The foundation has been bolted, along with many other upgrades, with permits. The property has been well maintained and has great upside in a great rental area.
Great Opportunity to own this multi-family home oozing with potential. This property was built in 1915 and features plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
** PRICE LOWERED $50,000.00 FOR QUICK SELL!! ** ALL OFFERS ARE DUE 3/17 MONDAY AT 5PM. TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.
Discover a unique investment opportunity with this triplex located at 547 W 43rd Street, just 0.7 miles from Exposition Park/USC. Available public transportation, such as the Metro K Line, Expo Line, Metro Bus line and nearby 110 Harbor Freeway on/ off ramps.
Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.
2 On-a-Lot (2-Units) in Sought-After 'Elysian Valley / Frogtown' community of NELA. First Time on market in 60 years! Priced below market. Live in one, Rent the other to help with mortgage payments.Recent Huge Price Reduction because only back unit to be delivered vacant!!!*** FRONT HOUSE (1922): Originally built 1966 w/2nd Story Addition in 1976 (all permitted). 4BR + Bonus 5th BR (or office), 23/4 Bathrooms. Formal Dining Room, Large Kitchen w/Breakfast Bar and additional dining area w/Recessed Lighting; built-in Range and Double Oven + Slider to side yard. 2nd Floor Family Room (at landing) and double doors to large Master Bedroom Suite with walk-in closet and Full Bathroom. Laundry Closet in Bonus Room. Attached 2-Car Carport w/lots of storage cabinets. Front fenced yard. Systems: Central A/C, forced air heating, copper plumbing, saltillo tile (most of 1st floor), laminate (BR#4 - 1st fl, & Family Room - 2nd fl), carpet (all 2nd fl BR's).- Front House is tenant occupied and can be shown with 24-hour advance notice.*** BACK HOUSE (1920): Buyer's can occupy Back House and delivered vacant at close of escrow. This is the original property on lot, which was built in 1936. 2-Story, 2BR, 13/4 Bathrooms. Living Room w/Fireplace, Spacious Formal Dining Room; both with arched entries and coved ceilings. Large Kitchen w/storage & pantry. Laundry Room w/door to back w/doggie door. 2nd Floor Master Bedroom Suite w/lots of windows and your own Bathroom. 1st Floor Master Bedroom Suite w/3/4 Bathroom. Attached 1-Car Garage. Hardwood floors (liv room, FDR, 1st fl BR), tile (kitchen, laundry), carpet (2nd floor master BR).- Back House is Vacant at Close of Escrow.*** Located near 2, 5 & 110 freeways, Dodger Stadium, DTLA, transportation, parks, L.A. River and more. There is a lot of new development in community, so now is your chance to buy while you can.
Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 8-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential. Opportunity for long-term appreciation in a market poised for equity. The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment. The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes. The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity over time, or capitalize early over the wave of growth Los Angeles’ 2028 Olympics is bringing. This submarket continues to attract renters, buyers, builders, and developers, driven by its central location and diverse lifestyle offerings.
Renovated Duplex fully leased at $6,600 Monthly rent. Possible Apts. Development project Market Rate Project: 16 units includes 2 Affordable. 4 story Building with1 level Subterranean parking 100% Affordable: ED1 Project; 28 units of Singles & 1 bedrooms with No Parking requirement.
Attention: Developers, Investors, owner users The property address is 6611-6617 S San Pedro Ave with 10,169 SQFS land Zoned [Q]R4-1. (2 Separate lots) No parking is required for 100% affordable projects. The project can utilize ED-1 (Executive Directive 1) to develop 100% affordable units. The property will be delivered VACANT. **Building Size**: 480 square feet. - **Additional Building Size**: 3,780 square feet. - **Potential Capacity**: Up to 60 additional children contingent to city approval **Total Capacity**: Approximately 75 children. **Property Features:** - **Commercial Kitchen**: Fully equipped. - **ADA Compliance**: 5 bathrooms. - **Security**: Electric gate. - **12 Parking**: Extensive area of 10,169 square feet. - **Proximity**: Located across from a large school, enhancing demand for child care services. **Additional Opportunities:** - **Event Hosting**: Suitable for birthday parties and private events, coin laundry This property presents an excellent opportunity for expanding childcare services, leveraging its prime location and extensive amenities to attract more families and increase revenue.
Welcome to this great investment opportunity. 244 and 246 W 66th St. is great income producing duplex. Add this gem to your real estate portfolio and see all the possibilities for even bigger returns on your investment. Centered in the heart of the city of Los Angeles, it's close to all the amenities LA has to offer. Just minutes away from the prestigious USC, as well as LA's favorite soccer team LAFC's BMO Stadium, LA coliseum and of curse LA Live with all its restaurants and entertainment including the home of The Lakers, Crypto.com Arena. Also minutes away from SoFi Stadium, YouTube theater, Intuit dome and much, much more. Live in one and rent the other or add both units to your portfolio. Large front unit is 5 beds and 2 baths, Rear unit is 1 bed one bath plus bonus studio. Very large lot with alley access in rear and side, perfect for building new units, Solar panels and 2 drive ways, one for each unit. Sold as is. Do not disturb tenants. Do not walk the property without appointment. Outline on photos are estimated for visual purposes only.
Attention investors or families looking for a Real Estate opportunity! 2917 and 2919 Kenwood Ave are ready to be purchased. This duplex is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a duplex rental. The lot can possibly be converted into a Student Housing Development area (buyer to verify). The duplex can be sold together with 2921 Kenwood Ave, Los Angeles, CA 90007.
Great investment opportunity duplex in the Los Angeles. The feature is a 2-story building over 3,040 sqft built 2006. Downstair units and upstair unit has 4b2b. both units are occupied by long-term tenants, stable income stream in housing section 8. Just minutes to LA Downtown, shopping centers, transportation, freeway and Metro. Tenants are responsible for all utilities except for water and trash.
PRIME LOS ANGELES INCOME PROPERTY UNITS PRICED BELOW MARKET VALUE!!! PROPERTY HAS 4-PLEX + SEPARATE 2 BED HOUSE ON 1 LOT WITH 2 ADDRESSES 1017 and 1019!!! addresses . 4 one -bedroom unit and 1 two-bedroom unit. 1/2 Block from Los Angeles Doctor Hospital. Do not disturb tenants!!! Great opportunity. Currently rent is low for this area
Fully Occupied 4 units generate a stable high income. Excellent investment opportunity. Located where Leimert Park and Exposition Park meet; while providing nearby access to both the 10 and 110 freeways. Approximately 2 miles from USC and south of Jefferson Park. The property features 2 units upstairs and 2 units downstairs. All 4 units have 2 bedrooms & 1 bathroom. On-site laundry. Detached 6 garage spaces but 1 garage space is currently occupied by the washer & dryer. Behind the detached garage is some space which could be creatively put to use. Large lot size of approximately 8,097 square feet with potential to build ADU but please verify with City of Los Angeles and an architect. Separate Electricity & Gas meters to simplify management while the tall greenery in front provides privacy.
Great rental location with huge lot with two building, front building consist of 2 units, front unit 2 bedrooms & 2 baths built in 1901 and rear unit 2 bedrooms & 1 baths built in 1985. Back building consist of 2 units built in 2017, 2 bedrooms & 1 bath each on the 2nd level with parking carport underneath. Extra parking spaces on the back of the building. Property located near Downtown Los Angeles and has easy access to major freeways. This fourplex allow you to live in one unit and income from other units or maximize it as a full investment property.
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.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
