Back on Market and priced reduced : Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 3 of the 10 units are not rented and ready for new tenants & new owner to manage at market rent. No onsite laundry. No assigned parking. Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for information.
*DO NOT DISTURB TENANTS. We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity.
This beautiful triplex in the heart of Echo Park is listed for sale for the first time in 30 years! All units have their own separate entrances. The front building has 2 units (one is upstairs). A 3rd unit is a detached unit with its own entrance and 2 different parking spaces accessible from the next street on Ashmore Place. The length of this lot stretches from Echo Park Ave to Ashmore Place (see the image of the parcel map). The property is a landbank (5357 sq/ft) perfect for owner-user with rental income, investment property, or for future development. Unit 1804 is owner-occupied so there is an upside in rent (only unit 1804 will be delivered vacant). It is only a 5-minute drive to Dodger Stadium, within walking distance to Lady Byrd Cafe and nearby restaurants. There's also a mini market directly across the street from the property. Please do not disturb tenants.
This beautiful triplex in the heart of Echo Park is listed for sale for the first time in 30 years! All units have their own separate entrances. The front building has 2 units (one is upstairs). A 3rd unit is a detached unit with its own entrance and 2 different parking spaces accessible from the next street on Ashmore Place. The length of this lot stretches from Echo Park Ave to Ashmore Place (see the image of the parcel map). It is only a 5-minute drive to Dodger Stadium, within walking distance to Lady Byrd Cafe and nearby restaurants. There's also a mini market directly across the street from the property. The property is a landbank (5357 sq/ft) perfect for owner-user with rental income, investment property, or for future development. Unit 1804 is owner-occupied so there is an upside in rent. Please do not disturb tenants. Drive by only. If any questions, please call Caitlin at (213) 248-1230
Rare opportunity to own this 4 unit apartment building in Glassell Park. All units will be delivered tenant free at close of escrow. Potential to add value with the adjacent land parcel number 5446-020-018 included in the sale.
Excellent Opportunity to own Triplex in the heart of Los Angeles, Unit 1 Front consist 1 bed 1 bath, 2nd Unit is 1 bed 1 bath and third Unit is 2 bed 1 bath, Property features 3 detached 1 car garages, and Plenty of space for parking. Centrally located near freeways, school and shopping centers. New Roof, Exterior Paint, Second Unit has new Tile in entire house. New Plumbing in unit 345, and 345 1/2 Unit 347 new electricity and new shower installed.
2 houses on a large lot. Great opportunity for expansion. Both units are occupied. Needs TLC. Drive by. Cash Offers ONLY ***Agents please see private remarks *** Email all questions.*** No court confirmation. Buyer must purchase the property occupied. The occupants do not pay rent. *** The occupants DON'T own the property or have authority to sale ***
This three unit income property is situated in a prime location and is ideal for those seeking an investment opportunity. Each unit features their own private entrance as well as separate electric and gas meters. All units are currently rented out, providing an immediate source of income. Easy access to public transportation, shopping and dining options. The seller is very motivated so bring in all offers. Please do not disturb the tenants. Property to be sold "AS IS" at present condition. View the interior with an accepted offer. Submit the offer with an updated pre-approval letter, DU, and proof of funds.
MULTIFUL 8 UNIT APT! LOCATION!! LOCATION!! Beautiful 1 bedroom, 1 bathroom, 8-unit apartment located in East Hollywood. Each home has hardwood floors, new/or newer painted rooms, high ceilings, new/or newer cabinets, bright natural light and separate kitchen. Sizes and conditions vary from unit to unit. Several units are equipped with window air conditioning, and several units have central air conditioning. Some units can create individual laundry room. Some units have an additional room that can be used as an office. Street parking is possible with a city permit. The apartment is conveniently located in Hollywood, 101 FWY, Griffith Park, Griffith Observatory, Universal Studio, LA Zoo, Hollywood, Downtown, Korea town, China town, Little Tokyo Japanese village, coin laundry, markets, convenience stores, car centers, offices, pharmacies, hospitals, and restaurants. Many artists live in this area. Must See!
This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Great Investment apartment in Los Angeles,close to downtown LA, Sunset Blvd, Pasadena,and Dodger Stadium. There are 3 Buildings in the lot, 4 units in the Front building,each unit comes 1 Bedroom and 1 Bathroom; 2 individual unit in the back, each unit comes 2 Bedrooms and 1 Bathroom. Total 6 units, 6,546 SF in living area,10,260 SF in Lot size. The property has 4 car garages, which the owner uses for storage.Current rent below the market. Quiet and nice area in Los Angeles. Property to be sold "AS IS". Showing Subject to inspection. 2 of Units will be vacant on close of escrow.
Historic four unit property. Currently under the Mills Act. Large two-story front duplex and two separate detached houses in back. Alley access for parking. No sign on property. Do Not Disturb Occupants. Main two-story 4 bedroom unit is a USC Student rental. Seller to retain gas/mineral rights to property. Additional monthly income from laundry - washer/dryer. Mills Act compliance requires work to be done on all three structures. Front Duplex is rented to USC students. 4 bedroom ($3,100 month) and 1 bedroom ($1,508 month) are rented to USC students.
This property is located in the Hollywood neighborhood. It's within close proximity to everything restaurants, bars, schools, shopping, nearby public transportation options, freeways, and much more! This property is a must see! Great investment!
Great opportunity to buy at the ground level in rapidly transforming Hollywood. These 3 condo units (six-unit complex) are perfect for an investor looking for an ideal place to park their money! Located in close proximity to Sunset Boulevard, Target, and new luxury developments. All are 1 bed / 1 bath and tenant occupied. Inquire for information regarding financing and more!
ADU Potential duplex situated in Mid Los Angeles, adjacent to Miracle Mile and Hancock Park. Downstairs unit consists of 3 beds and 1.5 baths. Upstairs 2 Beds, 1 bath and direct access to the roof. Each Unit has a formal dining room. Wood and tile floors throughout. Garage converted without permit and unpermitted storage attached to the garage. Each unit is individually metered gas & electricity and the upper unit electric meter is connected to the garage. The LA COUNTY ASSESSOR and the title reports showed 3 units with 7 beds, 3 baths. Both units will be delivered with tenants in place. Excellent value add investment opportunity or OWNER USER. Please Do not disturb tenants. **DRIVE BY ONLY** Interior inspection subject to accepted offer. Property is being SOLD AS-IS condition!
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.