We are pleased to present this great duplex in desirable neighborhood at East Hollywood. Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd and Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatory. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to current market value. There is large backyard with a 2 -car garage which can easily be converted to ADU, and with lot of empty space in the backyard, it has potential to add another ADU. (Buyer to verified with the city). This makes the property has huge opportunity to be a 4-unit income generated investment. It is a perfect investment for both owner occupied or investors.The building is well-maintained, as the Seller put a new roof and installed a new water-heater for downstair unit in 2023. With some TLC , this property is a true value-add opportunity for any homeowner or investor.
Great opportunity to own a large newly renovated fourplex in the highly desirable Echo Park area. Totaling 10 bedrooms and 8 bathrooms and 4,448 sqft of living space, with a cap rate over 5%, this spacious property is what you call a rare find. 2 units feature 3 bedrooms and 2 bathrooms and the other 2 units are 2 bedrooms and 2 bathrooms. Every unit has large kitchens and living rooms with a beautiful open floor plan. The whole property has been renovated from top to bottom including new flooring, kitchens, bathrooms, fixtures, recess lighting, appliances and fresh paint throughout. With separate meters for all 4 units, tankless water heaters, fully paid off solar panels, and parking carports, this is an excellent investment that will yield plenty of cash flow. Also equipt with Electric car outlet, automatic iron gate and surveillance cameras. Just a short drive away from Downtown Los Angeles, Silver Lake and Koreatown, location is everything and this fourplex has it all. The whole property will be delivered vacant so come take a look while you can and make this investment property your priority today!
Wonderful Triplex investment near Frog Town in Elysian Valley. Close to Silverlake & Atwater. Live in one and rent the others out. Plenty of parking with 7 spaces. Additional plans for a 510 SF ADU from the converted garages are in the works. The unit used to exist (non conforming), and half of the planning work has been been paid. See the plans.
Pleased to present the opportunity to acquire 2123, 2123 half, 2125 S. West View st. Los Angeles CA 90016. This sale offers the opportunity to purchase this new constructed 3 units townhomes which is located in West Adams, just down the street from Culver City. This multi-family units townhouse accommodates stainless steel appliances and an ample parking garage with a secured fenced lot.
DreamERE, Commercial Expert Real Estate-SoCal Team, as exclusive advisor, is pleased to present the opportunity to acquire 2 residential buildings which are 1243-1243 half, 1245-1245 half Catalina St. LA, CA 90006. This sale offers the opportunity to purchase the property which is modern and luxury 3 beds/ 4 baths duplex of 2 residential condominiums. It has beautiful floor plans including attached garage space and also an open space at the front of the building. All the kitchen appliances are all renovated, washer and dryer are in unit.
We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
100% VACANT…RARE OPPORTUNITY! Welcome to this exceptional investment opportunity in the heart of Los Angeles! This property features a total of four units, offering a mix of spacious living arrangements perfect for both tenants and landlords. The front unit is a beautifully remodeled 3-bedroom home, offering modern amenities and a comfortable layout. The addition of three brand-new units provides flexibility for potential renters, including a 2-bedroom unit and two 1-bedroom units, all thoughtfully designed for maximum comfort and convenience. Situated on a single-story layout, each unit offers easy access and a sense of privacy. The property is in great condition, ensuring a hassle-free experience for both tenants and owners. Live in one unit and rent out the others for added income, or maximize rental potential with Section 8 housing. Don't miss out on this rare chance to own a turnkey investment property in a prime location. Schedule your showing today and explore the endless possibilities this property has to offer!
Courtesy: The Associates Realty Group
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. ** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 7.3% without relocating any residential tenants. The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. Two One-Car Garages can be Converted into One Studio ADU, Making Seven Total Residential Units. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187,560 net and bringing your total building NOI to $221,773 or a 7.3% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. The property has a generous 8,248 square foot lot zoned C2 that can be combined with additional square footage of approximately 374 square feet given the abutting alley for a total buildable lot size of 8,619 square feet. By right, a developer can build a mixed-use 21-unit development site with retail on the ground floor. Alternatively, using the A25 section 12.22 Density Bonus Rules, a developer can build 29 units by providing between 11%-20% affordable units, with ground floor retail. Finally, using AB2334, as a 100% affordable project, a developer can build potentially up to 32 units. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the "Westside's Hottest Dining Destination.
Great investment property in sought out R2 zone. Perfect lot ltie opportunity to develop nearly 14,000 sqft. of land. Consist of 4 units 3 (2 br) and 1 (1br). This 4plex Must be sold together with Single Family Residence at 1162 E 46th St.
Opportunity to purchase 7815-7817 Melrose Avenue, Los Angeles, California. Built in 1982 and renovated in 2000, the Property offers 43 feet of Frontage on the World-famous Melrose Avenue, near the intersection with Fairfax Avenue. With a combined car count of over 127,000 vehicles per day, this Offering presents an incredible acquisition opportunity on one of Los Angeles' most coveted retail corridors. 7815-7817 Melrose Avenue is a Two-story Building with Approximately 7,750 Sf of Ground-floor Retail and Second-floor Office, an excellent Opportunity for an Owner/User or Investor in one of California's most Premium Urban Markets. The spaces are ideally sized, appealing to a variety of tenant types and uses. The current tenants are on Month-to-Month leases with under-market rents, offering the investor an immediate upside by leasing the units at market rents in one of the highest barrier-to-entry markets in California. Rated "Walker's Paradise" by CoStar with a Walk Score of 95, the property is located within distance to major attractions such as The Grove, Beverly Center, Sunset Strip, Beverly Hills, Rodeo Drive, Cedars-Sinai, and is surrounded by multiple dining and shopping options that Melrose has to offer: Urth Caffe Melrose, Zinqu, Alfred Coffee, Catch LA, Adidas, Reformation, Paul Smith, Vivienne Westwood, Gucci, among many others. Melrose Avenue is one of L.A.'s most famous streets, featuring a myriad of shopping, dining and entertainment destinations. All about"strolling and shopping", the street begins at Santa Monica Boulevard where the cities of Beverly Hills and West Hollywood meet, boasting one of the highest foot traffic areas in the city of Los Angeles is the most populous city the state of California. It is the Entertainment capital of the world, a cultural mecca boasting more than 100 museums, a global hub of the Fashion industry, and a paradise of idyllic weather.
Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.
3341 Cahuenga Boulevard presents an excellent opportunity for either an owner user or investor seeking to acquire a recently renovated multi-use property in the vicinity of Universal City. This two-story building, spanning 3,312 square feet, currently serves as asocial entertainment club. The property features a rooftop deck and a back patio, adding an extra 2,000 square feet of usable space. The permitted rooftop deck is particularly valuable in today's market, given the high demand for outdoor areas. Recent extensive renovations include updates to infrastructure systems, such as new plumbing, electrical, roof, and HVAC on both floors. Designed as a social entertainment club, the ground floor boasts raised floors, high ceilings, spacious rooms, excellent HVAC, fiber connectivity, and robust power capabilities. The building's flexible layout, ample outdoor spaces, and numerous corridors make it well-suited for various purposes, including entertainment venues, lounges, retail spaces, or creative office use. Additionally, there are 45 parking spaces available across the street for lease by anew owner or tenant. Situated just one block east of Universal Studios Boulevard, the property offers easy access to the San Fernando Valley, Hollywood, andGreater Los Angeles. Its strategic location provides close proximity to the Universal City/Studio City Metro Rail and convenient access to major commuter routes, including the 101 freeway.
Price Reduction!! Ready to invest and own your own Quadruplex? - Great Mix of 3 bedroom/1 bath, 2 bedroom 1 bath, and remaining two units 1 bedroom/1 bathroom. Property is located minutes away from Downtown Los Angeles, USC, and Koreatown. Great Opportunity!!
This Leimert Park triplex is a great opportunity for a building on an R-3 lot that backs to an alley. One unit will be delivered vacant, and the other two units have had recent 4% increase that is refelected in the rent rolls. The sellers have made many improvements, list upon request. The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive location for an owner to live in one unit and collect rents from the other two units, or a fantastic investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.
Courtesy: LA Citywide Properties, LLC
Don't miss out on this great opportunity to purchase this 2 unit condo located within the beautiful desirable residential neighborhood of Los Angeles. This condo is considered a duplex and both are currently tenant occupied. HOA Fees $294.00 a month. Unit #9 is a 2 bedroom 1 bath with a basement with inside laundry facilities and direct access to parking garage. This unit includes a refrigerator, stove, dishwasher, washer and dryer! Unit #10 is an upstairs unit and is also a 2 bedroom 1 bath. Both units Kitchen and bathrooms featuring newer cabinets and counters. These units are conveniently located near Downtown LA, Chinatown, walking distance from Dodger Stadium, Los Angeles State Historic Park, Radio Hill Gardens, multiple dining areas & shopping centers! Pet policies: Small Dogs Allowed, Cats Allowed.
Nestled in the vibrant Korea town, this duplex property presents an excellent option for homeowners seeking a residence with rental income potential. The spacious front and side yards, along with convenient parking, add to the property's appeal. The month-to-month tenancy allows for flexibility in case the new owner wishes to occupy one of the units. Currently, both units are occupied with tenants. 1156 has 2 beds and 1 bath + den (use as a bedroom). ONLY 1158 with 1 bed+ den (use as a bedroom) is renovated with new flooring, new appliance, new painting and updated bathroom 3 yrs ago. CORNER DUPLEX with large front & side yards. 2 Parking spaces at rear with automatic iron gate. Currently, tenant are paying $3450 per month and pay all utilities. A lot of potential for the location.
Exciting opportunity alert! Live in one and rent the other! Get ready to discover the charm of this duplex, situated at the corner. Both units are generously sized, with Unit #1 offering 2 bedrooms and 1 bath. The living room is a cozy retreat with a beautiful fireplace, and there's a separate dining area next to the kitchen. Wander through the spacious hallway to find 2 bedrooms and a full bathroom, plus an area for your washer and dryer. Unit #2 is a snug 1-bedroom space with similar features – a living room with a fireplace, a dining room, and a laundry area. Also, with a nice long hallway. There's a converted garage on the property with a kitchenette and bathroom (buyer to confirm permit). Wood flooring adds a touch of elegance to both units, and the bathrooms boast tiled floors and shower areas. While the home could use a bit of TLC, the potential is immense. Don't miss the chance to turn this into your dream home – it's a gem waiting to shine!
4 Separate apartment units boasting contemporary living features all 2 bed 1 bath, kitchen and dinning area, each with its own private backyard and designated parking in the rear . Seller has made some repairs to front units all tenants pay on time this property is located in prime rental area near DTLA , Airport and emerging sports arenas . This residential setting ensures a secure and comfortable living environment making it an appealing choice for those looking for well connected yet tranquil living experience .
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.
Courtesy: New Star Realty Inc
In Escrow, non-contingent, and awaiting a Bankruptcy Court OVERBID date. We should have the date, first overbid amount, and other bankruptcy court procedures around the 25th or 26th of September. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.
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.
