Price reduced. Street-to-street lot, the entire block with access from three streets. High demand Bread ‘n butter units. Very low vacancy rate. Secure off-street parking (31 spaces). A security fence surrounds the entire property with code-entry security gate. New roof in 2017. Easy commute from this high demand rental area. Eligible for bonus rent increases. Shown on accepted offers. Please do not disturb the tenants. See attached Offering Memorandum for rent rolls, expenses, and more information.
4 occupied units --- a house in front and 3 units in the back, near the University of Southern California (USC) and Downtown Los Angeles. The Front House is large with a 2 bedrooms, 2 baths . In the back there are + TWO 1 bedroom unites + a 2 bedroom unit for a total of 4 on the property.
PRICE CORRECTION! 6 units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophistication at every turn. Don't miss out on this golden opportunity to make a lasting mark in the competitive real estate market - seize the moment and reap the rewards of this timeless investment!
EXECUTIVE SUMMARY This Apartment an 2-unit apartment building. Built in 1924 and nestled in the Los Angeles, , this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 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 Four-bedroom ½ bath units and Five bedroom one and ½ bath.
Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there's significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there's potential for an ADU to be built on the property. Don't miss your chance to secure a lucrative addition to your portfolio.
Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.
Courtesy: Benjamin Frank Venti Realty
Welcome to your charming quadplex nestled in the vibrant city of Inglewood, California, just a stone's throw away from the historic Inglewood Coliseum. This meticulously maintained property boasts four identical units, each offering 2 bedrooms and 1 bath, perfect for comfortable living or savvy investment. As you step into each unit, you're greeted by an inviting atmosphere, flooded with natural light and adorned with modern finishes throughout. The spacious living areas provide ample room for relaxation and entertainment, while the well-appointed kitchens feature sleek countertops, contemporary appliances, and plenty of storage space for culinary enthusiasts. Located just moments away from the iconic Inglewood Coliseum, residents will enjoy unparalleled access to world-class entertainment, sporting events, and cultural experiences. Additionally, the property's prime location offers easy access to an array of dining, shopping, and recreational options, ensuring a lifestyle of convenience and excitement. Whether you're seeking a lucrative investment opportunity or a place to call home in one of Los Angeles' most dynamic neighborhoods, this quadplex offers the perfect blend of comfort, style, and location. Don't miss your chance to experience the best of Inglewood living – schedule your showing today!
Legal 4-plex close to Culver City, West Adams, Cumulus District, Hayden Tract and the soon-to-open Habitat development. Gross Scheduled Income: $105,664. Annual Expenses: $27,183. Net Operating Income: $78,481. GRM: 14.67. Cap Rate: 5.06%. Front unit is a townhouse style 3BD/2BA with other attractive unit mix of 3BD/2BA, 2BD/1BA, and 1BD/1BA. Two units have been remodeled. This property has been well maintained throughout the years with regular maintenance and several updates. Seller invested over $45,000 in improvements. Two units have been fully remodeled with new interior paint & new floors throughout, HVAC, updated plumbing, new full kitchen with appliances, new bathrooms and more. On-site laundry available for extra income. Low expenses. Quiet location on a cul-de-sac. Strong rental location. This area is undergoing an enormous transformation with the construction of new apartment buildings and the opening of creative office space for many tech companies such as HBO, Amazon, Apple, and more. Walk to new restaurants and galleries on West Adams such as Tartine, Normandie Bakery, Farmhouse kitchen, Alta, Mizlala, Adams Wine Shop and Cento and Whole Foods. Bike to trendy Culver City downtown, Boneyard Dog Park, Farmers Market, the LA Fitness and Equinox Gym. Easy commute to DTLA, Beverly Hills, Santa Monica and LAX. Seller paid $1,600,000 in 2022 and is selling due to change in life circumstances. Seller has assumable loan at 5.375%, balance $1.17M, and maturity date 05/2052 (Buyer to download form under Docs section). This is an excellent opportunity to acquire an investment property with strong income and future upside in rents and the neighborhood. A great starter property to launch your income portfolio. SELLER MOTIVATED-ALL OFFERS WILL BE ENTERTAINED!
Newly built 10-unit apartment building. Excellent location situated on a quiet and tree-lined side street close to schools, dining, shopping and new developments in the area. Opportunity to own a brand new building in highly sought after Los Angeles. High end, first class finishes. Each individual unit has its own laundry and comes with washer, dryer and refrigerator. Easy move in ready building. Don't miss this incredible investment or 1031 Exchange opportunity.
We are pleased to present 1215 N Sycamore Ave, a 28-unit value-add multifamily investment opportunity located in LA's ultra-prime Sycamore District of Hollywood, LA Proper. Situated just north of Santa Monica Blvd and east of La Brea Ave, the property is adjacent to what the LA Times calls LA's coolest new neighborhood. It boasts a WalkScore of 95 (Walker's Paradise) and is located 0.8 miles from the B Line (formerly the Red Line) Metro station. Built in 1989 and exempt from Los Angeles Rent Control, the property is comprised of 28 units with an exceptional mix of 68% 2-bedroom units, including 15 (2+2), 4 (2+1), and 9 (1+1) units, averaging approximately 987 gross square feet each. The 27,640-square-foot building stands on an 11,688-square-foot lot zoned LARD1.5-1XL. All units feature a balcony or patio and large windows that allow for ample natural light, full kitchens with built-in ovens, dishwashers, refrigerators, and microwaves, providing modern comfort. Some units offer views of Hollywood, West Hollywood, and the LA Basin, and include stainless-steel appliances, high-quality wood cabinets, laminated wood floors, and decorative fireplaces, adding a touch of elegance to select units. The property features a gated entry, a garden, a courtyard/patio, on-site laundry, and ample subterranean parking with more than 1 space per bedroom, allowing for at least 3 visitor parking spaces. Comprehensive security features include security cameras, an intercom system, and secure gated covered subterranean parking. The building also offers central air conditioning/heating, elevator access to all levels, and is separately metered for gas and electricity. Boasting an outstanding Walk Score of 95, 1215 N Sycamore Ave is at the center of Hollywood's most dynamic submarket, just a few blocks north of the Sycamore District, The Lot at Formosa, and Showtime Studios. It is 2 blocks away from the West Hollywood Gateway, which features retail shopping including Target, Best Buy, CVS, Ulta, Mendocino Farms, & Starbucks, and is located near one of the hottest members-only concept fitness clubs HEIMAT. Adding to an already bustling neighborhood, CIM Group acquired 1.6 acres of land with plans to develop the tallest building in West Hollywood called 1000 La Brea. The towering 34-story building will feature 514 apartments on its upper floors and would include approximately 30,000 square feet of commercial space, dedicated to a grocery store. Other elements of the project include parking for 674 vehicles and 393 bicycles. This exceptional location offers residents unmatched access to career centers, educational institutions, restaurants, nightlife, shopping, and recreation (1 mile north to Runyon Canyon), all within one of the most walkable and high-demand locations in Southern California. Conveniently located just one block north of CA-2, 0.8 miles from the B Line Metro station, and 1.8 miles from the CA 101 freeway, the property ensures easy access to the city's extensive transit network and LA attractions. Ideally positioned in the heart of the Sycamore District, this well-maintained asset offers significant rental upside (30%+ rental upside) in a dynamic, thriving, and centrally located submarket. It presents an astute investor with the potential to add significant value, appreciation, and strong returns, supported by high tenant demand for a quality living experience in one of Los Angeles's most dynamic neighborhoods in the Western United States.
Invest in the heart of LA's affluent neighborhood! 10772 Woodbine St offers upscale apartment living with high investment potential. With its coveted location and upscale amenities, this property promises excellent returns. Join the thriving Los Angeles real estate market today. Invest smart, invest in 10772 Woodbine St!
Courtesy: Las Casas Realty, Inc.
POSSIBILITY OF DELIVERING ALL UNITS VACANT.Excellent Income Producing Property. Good opportunity for the owner user, and investor to live in one and get income from 2 other units The property includes 3 units. Each unit has one bedroom and one bathroom. The front unit ( 843 N GAGE AVE) is VACANT and has a beautiful private yard, The back structure has 2 units. The upstairs ( 3727 1/2 Blanchard Street) unit is paying $2450 monthly. The downstairs unit ( 3727 Blanchard) is paying $2092.All units have been remodeled from the exterior and interior. All utilities are paid by tenants.
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community.7 units all separate like small bungalows 2 are 2 bedrooms 1 bath each. 4 are 1 bedroom 1 bath each 1 is a house 3-bedroom 1 bath, Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters.
Price Reduction!!! Manhattan Living in Los Angeles!! A once in a life time opportunity to acquire a four story building with a top 2 story Penthouse over 4000 sq ft with 360 Ariel views of all of Los Angeles. The Penthouse will be delivered vacant. Built in 1989, this apartment complex features six 2 bedroom 2 bathroom units, all with washer and dryer units. Units are not subject to Los Angeles rent control and 5 out 6 units are due for immediate increases. Located in the desirable Miracle Mile /Hancock Park rental market area Near the Grove, Pan Pacific Park, Beverly Center, Cedar Sinai and Melrose shopping. Underground parking ample for 2 cars per unit. Being sold by original developer. There is no Property like this one. Shown with accepted offer only. Please do not disturb tenants.
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 6- unit 6 bedrooms 1 bath each. With with washer and dryer hook ups. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters Property has a brand-new roof. The signs of gentrification are clear as new development and companies moving into the area.
This vintage 4-unit apartment building, originally constructed in 1930, exudes classic Hollywood charm and boasts numerous modern updates. Three of the units have been recently renovated, featuring spacious one-bedroom, one-and-a-half-bathroom layouts, large living room and den spanning over 900 square feet. Each unit offers an open floor plan, abundant natural light, stylish hardwood floors, coved ceilings, and the convenience of a washer and dryer. Great size bedrooms with walk in closet and attached full bathroom. Additional amenities include security gate and controlled access, private storage and parking spaces, mostly copper plumbing, split cooling and heating systems, updated electrical, and separate metering for gas and electricity. The property has been professionally managed, presenting a significant potential for increased rental income. Situated in an ideal location with a high walkability score and excellent access to public transportation, the building is just steps away from the lively Melrose Strip, the Grove, and the Farmer's Market, offering an array of dining, shopping, and entertainment options in Los Angeles. This highly sought-after neighborhood attracts renters due to its proximity to numerous commercial retail stores and renowned restaurants near the world-famous Melrose District, resulting in low vacancy rates. Additionally, it is a short drive from major employment hubs, making it particularly appealing to young professionals in the entertainment industry who work in close proximity to major movie studios. Residents can enjoy the benefits of living steps away from famous Melrose Ave. while still being within a short drive of desirable locations such as the Grove, Beverly Hills, West Hollywood, the Beverly Center, and the world-famous Cedars Sinai Medical Center.
Embrace the opportunity to secure a distinctive investment in the sought-after Highland Park neighborhood! This multi-family residence, boasting four one-bedroom, one-bath units, is strategically located in a rapidly expanding neighborhood. Revel in subtle yet delightful views, complementing the property's appeal. Positioned near the dynamic York Retail Corridor, Highland Park Station, Downtown Los Angeles, South Pasadena, and the San Gabriel Valley, it ensures convenient access to urban amenities. Enjoy proximity to green spaces like the Highland Park Recreation Center and the Historic Southwest Museum, creating a perfect balance of urban and natural attractions. With easy access to the 110 freeway, this property promises not only a valuable real estate investment but also a gateway to a thriving and dynamic community. Seize this exceptional opportunity, make a prudent investment in your future, and become a part of the vibrant Garvanza neighborhood. Located in the Garvanza HPOZ.
7-unit apartment building. There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside. The property is situated in the Florence-Graham area and is just a few miles away from Downtown and a short distance to many restaurants, retail outlets and metro stations.
Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.
8 Units RTI Development opportunity on an R-3 zoned lot near downtown Los Angeles Crypto Center, Koreatown, and Pico-Union, with easy access to the freeway: Sold with approved plans and permits for a 4-floor construction with ground-level parking, offering a total living area of 14,400 ft.² The previous property has been demolished, making it an ideal prospect for investors and developers seeking a prime location with high rental demand potential.
PRICE REDUCTION!!! SPECIAL OFFER: Interest rate as low as 3.9% for the first two years. Bring Your Offers. We are proud to present remodeled 143 N Hobart Blvd adjacent to Hancock Park which boasts seven bedroom/seven bathroom in approximately 2600 square feet with a detached one bedroom, one bathroom apartment/ADU with 650 square feet of living space. The apartment/ADU can yield rents up to $3000.00 each month and this will greatly assist with the overall mortgage of owning this property. This home is idea for two or three families or a growing family with live in staff. The possibilities are endless with this property. With a short drive to Beverly Hills, Larchmont, or Silverlake for shopping and dining, this property is also near Koreatown, Hollywood, Echo Park and DTLA. The property is conveniently located to the 101, 110 and 10 freeways as well as metro line stations. Each of the seven bedrooms offer its own unique charm, promising comfort and privacy for family members and guests alike. The well-appointed bathrooms feature modern fixtures and fittings, ensuring a luxurious experience in every aspect of home life. The heart of this magnificent home is undoubtedly the open chef's kitchen, equipped with top-of-the-line stainless steel appliances, elegant granite countertops, and custom cabinetry. Here, culinary enthusiasts can enjoy preparing gourmet meals while entertaining guests. The adjacent formal dining area, with its exquisite lighting and spacious layout, provides the ideal setting for hosting dinner parties and family gatherings. 143 N Hobart Blvd is more than just a house; it is a sanctuary, a place where luxury meets functionality, designed for those who appreciate the finer things in life. With its spacious rooms, elegant interiors, and premium location, this property stands as a testament to sophisticated Los Angeles living. Experience the perfect blend of city vibrancy and tranquil privacy in this exceptional home, where every detail has been carefully considered to provide an extraordinary living experience. Property is zoned R1 with R3 multi family permit making this a great investment opportunity too. Don't miss out on this opportunity. Buyer and Buyer's agent to conduct their own due diligence.
Great Investment Opportunity to Own a Property with in-place, existing tenants and cash flow! Two houses on a large deep lot with incredible views. The front house has a street view and 2 bed/2 bath with 1 bedroom having its own entrance. The front house is currently leased by 2 tenants and features a living room letting in lots of light, wainscoting, hardwood floors and a gas fireplace. The kitchen has granite countertops, and opens to formal dining room. Back bedroom has ensuite bath and private entrance. Laundry hookups in unit. House Two has 2 level porch which affords amazing views of the neighborhood. Spacious layout accommodates 3 bedrooms, 2 baths and features large windows throughout which allow for lots of light to enter and enclosed rear patio and laundry hook up. Lower floor has another 1 bedroom unit with with private entrance. Back house has an electric stair lift. Separate gas meters on both houses. This property has parking for 5 vehicles and is just minutes away from Downtown, Dodger Stadium, USC Medical, and L.A. State Historic Park. Property fully occupied with Tenants.
Beautiful remodeled all 4 unit which are condo quality. New hardwood flooring, New granite kitchen counter top, new kitchen cabinet. Highly desirable rental area in Hancock park area. Exceptionally large unit (each unit approx 1500sq) with formal dining area, inside laundry, ample closet space. Buyer is advises to independently verify accuracy of all information through personal inspection & W/appropriate professional. Drive by only Do not disturbed Tenants
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.
