Courtesy: CENTURY 21 REALTY MASTERS
Amazing Trophy Rental Property Opportunity with Commanding DTLA VIEWS and Stellar Income Producing Units at an Impressive 6% Cap Rate! Step inside this Remodeled Gated Electronically Controlled Multi-Unit Property with Breathtaking UNOBSTRUCTED Downtown Los Angeles City Views!! This Amazing Property Boasts a Detached Front House consisting of 3 Bedrooms, 2 Recently Updated Full Baths, Located on a Spacious Parcel/Compound that includes an Outdoor BBQ/Patio Area and a Separate Detached Updated Multi-Unit Dwelling for a Total of 3 Units! Embrace yourself and enjoy the Stunning Viewing Deck Entrance with Access to the Property's French Doors Leading into a Living Room/Dining Room/Chef's Kitchen Open Floor Plan that Enjoys the Dynamic Los Angeles Downtown Views! The Chef's Kitchen includes incredible Line of Sight with an Attractive Breakfast Bar and Stainless-Steel Appliances. Additional Notable Features include: Quartz Counter-tops, Remodeled Bathrooms, Newly Installed Floors, Washer/Dryer, Newly Installed Windows, Tankless Water Heater and Newly installed A/C/Heat! Also a Private Remote-Controlled Garage! The Private Detached Back House Duplex Dwelling Consists of a 2 Bedroom, 1 Bath House with a 1 Bedroom, 1 Bath lower unit. These units have been recently Remodeled with Newly Installed A/C/Heat, Newer Flooring, Newer Windows, Newly Designed Bath Areas, and Spacious Bedrooms! The Sunny and Bright Culinary Kitchens with Breakfast Eating Areas have Newly Installed Cabinetry, Stainless Steel Sinks, Granite Countertops, Newly Installed Appliances, Newly Installed Tankless Water Heaters, Washer & Dryer, Spacious Closets and Newly Installed Custom Fan/Light Fixtures. There is also convenient Access from the Chef's Kitchen to the Outside Patio Area that is Bamboo Wrapped and Designed for your Privacy Al-Fresco! Incredible Turn-Key Asset, Perfect for Owner-User Investor and/or Investor Exchange Opportunity!
Courtesy: Kidder Mathews of California, Inc.
Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.
Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective 7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities, modern fixtures, along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.
Courtesy: Apple Tree Realty
Don't this outstanding investment opportunity in Koreatown! This property showcases two separate residences. The front home features four bedrooms and two bathrooms, along with a beautifully updated kitchen boasting quartz countertops, farmhouse sink, stainless steel appliances, breakfast bar and recessed lighting. The expansive living room is adorned with a cozy fireplace and large crown moulding. Each bedroom is spacious and unique with classic ceilings and trim work. One of the bathrooms has been completely renovated to include a subway tiled shower and dual sink vanity all included in 1376 square feet. The rear home offers two bedrooms and one bathroom within its 761 square feet. It presents a welcoming sundrenched living room with a fireplace and French doors that open to a bedroom. The kitchen is updated with plenty of cabinets and counter space, complemented by a quaint breakfast nook. The private side yard, flourishing with fruit trees, offers a peaceful escape. Positioned between the houses is a sizable carport with a coin-operated laundry and a two-car garage. Additionally, the property provides extensive parking options with a long driveway and a front parking area. Close to Larchmont Village, Koreatown and Downtown LA providing easy access to a vibrant community with plenty of amenities and entertainment options. ** Some pictures have been virtually staged and items removed **
Rare opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit, 5,855 square-foot multifamily building is fully occupied and consists of three 1BR+1BA units and four 2BR+2BA units. Six of the units have either a large balcony or patio space, and each unit has its own tandem parking space and additional storage space. This multifamily property has been a family-held, well-maintained asset for many decades, and it is ready to be handed to a new owner to enjoy the significant upside of the below-market rents. The building sits on a 7,000 sqft lot, is gated, and has onsite laundry facilities. Only a short drive from the Santa Monica coast, less than 2 miles from UCLA, and adjacent to the upscale neighborhood of Brentwood in West Los Angeles. The prime location is within walking distance of trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops.
Courtesy: AOA Commercial Brokerage
Reduced price!!! This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.
GREAT USC STUDENT HOUSING PORTFOLIO WITH NEW READY TO ISSUE ARE FULLY APPROVED (3 UNITS) PLUS ADU PLANS ARE AVAILABLE FOR YOUR REVIEW. THE EXPIRED REMODELING PLANS ARE ALSO AVAILABLE. NO TENANTS. GREAT INVESTMENT OPPORTUNITIES FOR USC STUDENT HOUSING RENTAL ON THE DESIRABLE DPS PATROL AND LYFT ZONE, OFFERING CONVENIENT TRANSPORTATION SERVICES. A FEW BLOCKS FROM USC VERMONT ENTRANCE.
Courtesy: Tierra Properties
Courtesy: Las Casas Realty, Inc.
Courtesy: Onewest Properties
Great Investment Property! Duplex with 2 bedrooms 1 bath each. Front Unit has driveway that can fit up to 3 cars. Rear unit has gated alley access with 2 parking spaces and plenty of parking long driveway. The property has no Garage.
Live in One and Rent the Other! Remodeled Like New 2 Units! Copy and Paste Video Link (https://youtu.be/6N5U-wkri8U). Brand New Doors. Sophisticated Porcelain Tile. Recessed Lighting. New Moldings. Brand-New Windows. Custom Wooden Blinds. New kitchens with Top-Of-The-Line Stainless Steel Appliances and Granite Countertops. Reimagined Bathrooms with High-End Marble Tiles. White on Chrome Modern Faucets, and Matching Chrome Mirrors. Laundry Areas in Both Units! Completely Rewired, Replumbed, and Reroofed! Three Parking Spaces In Between The Units and Three Tandem Spots in the Driveway. Located conveniently to shopping, public transit, LAX, Sofi Stadium, and schools. Minutes to 110 FWY. A Few Miles to USC and Downtown LA
Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a "Walker's Paradise." Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking challenges.Each spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7,536 square feet, offering both charm and a substantial canvas for modern enhancements.
Excellent investment opportunity to have Four-plex in theprime rental location of the Boyle Heights area. This consists of 4separate buildings with 1 unit of 5bed/4bath (front unit) and 3 unitsof 1bed/1bath. Front unit is a beautiful Spanish styled 2 storybuilding with barreled ceiling; 2bed/2bath, a den and kitchen aredownstairs and 3bed/ 2bath are upstairs. This property features wellmaintained buildings, secured metal gate and 3 car garages. Front unitis currently vacant and can be owner used. Each unit has separate gasmeters and electric meters. Central location in the Boyle Heightsoffers Downtown LA, restaurants, shopping and entertainment. Easyaccess to major Fwy 10 & 60 and only 5 blocks to the Metro stationwith 10 min walking distance. Interior showing is subject to anaccepted offer. Seller is motivated.
Excellent investment opportunity to have Four-plex in theprime rental location of the Boyle Heights area. This consists of 4separate buildings with 1 unit of 5bed/4bath (front unit) and 3 unitsof 1bed/1bath. Front unit is a beautiful Spanish styled 2 storybuilding with barreled ceiling; 2bed/2bath, a den and kitchen aredownstairs and 3bed/ 2bath are upstairs. This property features wellmaintained buildings, secured metal gate and 3 car garages. Front unitis currently vacant and can be owner used. Each unit has separate gasmeters and electric meters. Central location in the Boyle Heightsoffers Downtown LA, restaurants, shopping and entertainment. Easyaccess to major Fwy 10 & 60 and only 5 blocks to the Metro stationwith 10 min walking distance. Interior showing is subject to anaccepted offer. Seller is motivated.
Courtesy: Century 21 Realty Masters
Courtesy: Nourmand & Associates-BH
Courtesy: Masters Realty & Investment
8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.
Beautiful multi family property for the savvy investor. Note that there is fire damage to the front house. Great opportunity for Investors. 2 units at the back 1B/1B on each floor. Remodeling incomplete. Buyer to verify permits and records with city, historical building zoning, city plans and other inspections. Probate sale. Sold as is.
This property is in the historically desirable Leimert Park neighborhood of Los Angeles. This well maintained twelve-unit (one bedroom-one bathroom) apartment building is surrounded by aesthetically pleasing tree lined avenues. Each unit is spacious giving the resident a warm feeling of home. The green front yard provides a feeling of being one with nature. Located in proximity to rapid transit, shopping, local schools and institutions of higher learning, the area has experienced a renaissance. The time is now to seize the opportunity to invest in a property nestled within a hidden oasis. This spacious superbly maintained apartment residence provides one a tranquil sanctuary within a medium sized apartment compound away from the surrounding fast paced urban environment. Hardwood floors abound with generous closet space.Centrally located within minutes of the 405, 110 and 10 Freeways, this ideal location provides access to major area shopping areas in Ladera Heights, Culver City Westfield Culver City, the Westside of Los Angeles, and within minutes of SoFi Stadium. Nearby educational opportunities abound with West Los Angeles College minutes away with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall, and many more.This investment opportunity has the makings to attract the astute investor. Seize this growth opportunity in this prestigious location. This property has great rental increase potential as all tenants are currently on month-to-month tenancy. Buyer to rely solely on Buyer's independent investigations. Drive by only! Do not disturb occupants. Property is sold in "As-Is" condition. Upon an accept offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on Buyer's inspections and investigations. Property is sold for All Cash, Cash to New Loan or terms and conditions acceptable to the Seller. Seller shall select all services, including escrow, title services. Please contact listing agents for more information. ALL TENANTS ARE MONTH TO MONTH. Buyer is aware that Seller intends to perform an IRS Section 1031 tax-deferred exchange. Seller requests Buyer's cooperation in such an exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.
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.
