Discover an unparalleled investment opportunity at 131 East 36th Place, Los Angeles, CA 90011! This prime multi-unit property, nestled near the prestigious USC Main Campus, is perfect for investors, owner-occupants, and student housing alike. Built in 1983 and meticulously maintained by its owner, this gem offers four spacious units, each with 3 bedrooms and 2 bathrooms. The property features one two-car garage per unit, each with exciting potential for ADU conversions to maximize your investment returns. Currently, all units are fully occupied and generating high rental income, ensuring a steady and lucrative cash flow. At the current price, the actual GRM is 9.7 and the actual cap rate is 7%. Beyond its proximity to USC's main campus, other nearby amenities include Superior Grocers, Trader Joes, USC, the Coliseum, major freeways, LAFC stadium, Crypto.com Arena, DTLA, and the convention center. Don’t miss your chance to own this exceptional property in a highly sought-after location. Please do not disturb the occupants. All sales are subject to interior inspection and only drive-by showings currently allowed. Seller is highly motivated. Submit your offer today and secure a bright future with 131 East 36th Place! All information is approximate.
Welcome to this delightful Echo Park gem! This beautiful duplex is situated on one of the largest parcels on Echo Park Ave, offering a generous 7,982 square foot flat lot. The expansive outdoor space is a garden lover's dream, featuring an impressive variety of 13 fruit trees, including avocado, lime, Meyer lemon, nectarine, white peach, and more. Built in 1907 and 1925, this duplex exudes historical charm while providing modern conveniences. The house in front offers three bedrooms and two bathrooms; while the house in the rear offers a one bedroom and one bathroom plus a den and deck space. The large lot offers endless possibilities for outdoor activities, gardening, or future expansions. Don't miss your chance to own a piece of Echo Park paradise! Come and experience the unique beauty of 1914 Echo Park Ave for yourself. Please note that the house in the front (3 bedroom, 2 bathroom will be delivered occupied)
Fantastic Investment Opportunity in a prime South LA location! Welcome to this impressive duplex that offers amazing potential for investors or owner occupants. One unit (left) will be delivered vacant making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This duplex, with its Spanish tile accented roof and brick entry into both units, sits behind a beautiful wood fence. These units mirror each other, each with 2 bedrooms and 1 bath. The living room is open and bright with a decorative fireplace. A wide arch separates the living room and dining area. Right off the main kitchen area is a cozy eating space, ideal for those quick meals. Both nice-sized bedrooms are located at the rear of the units. Both bedrooms have wall air conditioning units. The utmost rear bedroom has direct access to the bathroom room. The service porch has laundry hook-ups. Each unit has a backyard. The garage was once converted to a living area but has since had the kitchen and bathroom removed. The new owner can convert this to an ADU, adding an extra stream of income.
A 7 unit building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. With 6 vacant units, one tenant in. 1005 is sold together as a package with the two adjacent lots. Buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap!! RTI plans for all three lots, with zero low income units, can also be available for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop deck. Located in one of most desirable neighborhoods in LA, these lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. All three properties (1005, 1009, 1015 N. Croft Ave) are listed separately in MLS as well, please see MLS#s 24-407485, 24-407489. Email for OM.
This Spanish Duplex is a hedged and tranquil oasis, situated on a beautiful tree lined street; close to vibrant Melrose Place and West Hollywood. Two spacious 2 bedroom/1.5 Bath townhomes, each has its own private back yard. One unit to be delivered vacant, the second unit is month-to-month. Located between prime Melrose Avenue and Santa Monica Blvd and close to countless noteworthy restaurants and cafes, boutique shopping, Melrose Place Farmers Market (Sunday), West Hollywood Design District, The Grove & Original Farmers Market, Beverly Center, and so much more. The vacant unit features a designer remodel with beautiful wide plank oak floors, high ceilings with recessed lighting, gas fireplace, central air and heat, in-unit washer and dryer. An elegant and well-equipped kitchen features contemporary cabinetry and ample prep space, refrigerator with ice maker, gas range, dishwasher and eat-in dining area. Updated bathrooms have been remodeled in a timeless manner. The tenant occupied unit retains elegant Spanish details with an updated kitchen and large decks for enjoying the sun. Hedged and gated controlled access with a three car detached garage.
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF. The expansive 7,430 SF lot allows an investor to add significant value to the property by demolishing the two detached back units, and constructing two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms (8-bedrooms + 8 bathrooms). Fully constructed, there will be a total of 3 units, with a total of 13-bedrooms + 11-bathrooms. Current income is $8,725/month Finalized constructed units will have a scheduled income of approximately $18,500/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month).
This Spanish Duplex is a hedged and tranquil oasis, situated on a beautiful tree lined street; close to vibrant Melrose Place and West Hollywood. Two spacious 2 bedroom/1.5 Bath townhomes, each has its own private back yard. One unit to be delivered vacant, the second unit is month-to-month. Located between prime Melrose Avenue and Santa Monica Blvd and close to countless noteworthy restaurants and cafes, boutique shopping, Melrose Place Farmers Market (Sunday), West Hollywood Design District, The Grove & Original Farmers Market, Beverly Center, and so much more. The vacant unit features a designer remodel with beautiful wide plank oak floors, high ceilings with recessed lighting, gas fireplace, central air and heat, in-unit washer and dryer. An elegant and well-equipped kitchen features contemporary cabinetry and ample prep space, refrigerator with ice maker, gas range, dishwasher and eat-in dining area. Updated bathrooms have been remodeled in a timeless manner. The tenant occupied unit retains elegant Spanish details with an updated kitchen and large decks for enjoying the sun. Hedged and gated controlled access with a three car detached garage.
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF. The expansive 7,430 SF lot allows an investor to add significant value to the property by demolishing the two detached back units, and constructing two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms (8-bedrooms + 8 bathrooms). Fully constructed, there will be a total of 3 units, with a total of 13-bedrooms + 11-bathrooms. Current income is $8,725/month Finalized constructed units will have a scheduled income of approximately $18,500/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month).
We are pleased to present the opportunity to acquire 1535 W. 28th Street, an incredible redevelopment opportunity with RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC) & Village. The existing duplex consists of two (2) spacious vacant 2-bedroom + 1-bathroom units, (each unit is approximately 1,000 SF). The RTI plans & permits have SB8 Clearance, and been approved to have a total three (3) units on this expansive 6,759 SF (LARD1.5) lot, each unit consisting of 3-bedroom + 3-bathroom units. A developer can further increase cash-flow by converting the garage into a 4th unit, consisting of a 3-bedroom + 3-bathroom accessory dwelling unit (ADU). Upon completion, an investor will have a total of four (4) units, 12-bedrooms + 12-bathrooms. Finalized constructed units will have a scheduled income of approximately $18,000/month. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.
We are pleased to present the opportunity to acquire 1535 W. 28th Street, an incredible redevelopment opportunity with RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC) & Village. The existing duplex consists of two (2) spacious vacant 2-bedroom + 1-bathroom units, (each unit is approximately 1,000 SF). The RTI plans & permits have SB8 Clearance, and been approved to have a total three (3) units on this expansive 6,759 SF (LARD1.5) lot, each unit consisting of 3-bedroom + 3-bathroom units. A developer can further increase cash-flow by converting the garage into a 4th unit, consisting of a 3-bedroom + 3-bathroom accessory dwelling unit (ADU). Upon completion, an investor will have a total of four (4) units, 12-bedrooms + 12-bathrooms. Finalized constructed units will have a scheduled income of approximately $18,000/month. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.
Classic mid-century 9-unit apartment building with strong rents and collection history. The building consists of seven -1bedroom 1bath & two -2bedroom 2bath apartments. Soft story retrofit work has been completed. Building offers laundry facilities and 9 parking spaces. Located in the Westside neighborhood of Mar Vista and situated within close proximity to the Silicon Beach tech hub, this area offers access to a vast pool of innovative companies and traditional employers as well as education institutions and government facilities. This creates strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. This location enjoys convenient access to Marina Del Rey, Playa Del Rey, Venice Beach and Santa Monica. It is close to other Westside communities like Westwood and UCLA, Culver City, Beverly Hills, and the general South Bay area of Los Angeles County. This is a legitimate target for investor capital seeking strong income as the pressure on occupancy expands based on the strong employment base in the area. Please contact the listing agent for more information. PLEASE do not disturb tenants or walk on the property.
Discover a prime investment opportunity with this corner duplex, perfectly situated on an R4 zoned lot, offering tremendous potential for future growth. Located in the highly sought-after Boyle Heights area, this property boasts two separate dwellings, making it an ideal choice for savvy investors. The front house features 3 bedrooms and 1 bath, offering a spacious and well-maintained living space perfect for a family or as a rental unit. The second unit, with 2 bedrooms and 1 bath, provides a private and comfortable living space with excellent rental income potential. Both units are fully independent, providing flexibility for various rental strategies. Whether you're looking to maximize rental income now or plan for future development, this property offers unparalleled upside potential. Don’t miss out on this unique chance to invest in a thriving neighborhood with a promising future. Submit your offers today and secure this fantastic investment opportunity in Boyle Heights!
Exceptional Investment Opportunity in the Heart of USC! Don't miss out on this rare chance to own a property with immense potential in the University of Southern California (USC) patrolled zone. With a highly desirable RD1.5 zoning designation, this property presents an ideal opportunity to convert it into a lucrative student housing venture. Perfect for investors seeking a high-return-on-investment project, this property is located in one of the most sought-after areas near USC, ensuring a constant demand for housing options. Don't wait - seize this incredible chance to tap into the thriving USC student market!"
Opportunity to own this freshly painted duplex in the city of Los Angeles. Both units offer 2 bedrooms & 1 bathroom each, Tile flooring and laminate flooring throughout. Unit 1307 was recently painted inside. Great investment you don’t want to miss. You can live in one unit and rent the second one. Both units have their own laundry room with a storage area. The property offers a front yard, side yard, and security gates. Separate meters for gas and electric and a submeter for water for each unit. The property was repiped with coper plumbing around 12 years ago. The roof was also replaced about 12 years ago. Great income producing property. Ready for investors looking for cash flow or owners occupied. Centrally located, close to shopping malls, freeways, newly built SOFI Stadium, Downtown Los Angeles, USC, Crypto Arena, upcoming Los Angeles Clippers Stadium
A walking distance from the new Purple Line and the Beverly Hills Park. May be purchased with the adjacent property which has a different APN but owned by the same owner. Mineral rights. Sitting on a generous 7,000 sq ft lot that zoned Commercial, this is a perfect opportunity to redevelop the asset and reposition it in a way more aligned with its unique location. The property hasn't traded in over 40 years - don't miss on an opportunity to own a heirloom.
A walking distance from the new Purple Line and the Beverly Hills Park. May be purchased with the adjacent property which has a different APN but owned by the same owner. There's a HUGE Billboard that generates about $3,000/mo income. Mineral rights. Sitting on a generous 7,000 sq ft lot that zoned Commercial, this is a perfect opportunity to redevelop the asset and reposition it in a way more aligned with its unique location. The property hasn't traded in over 40 years - don't miss on an opportunity to own a heirloom.
Welcome to 4146 Woodlawn Ave, Los Angeles, CA 90011—A Prime Investment Opportunity or Buyer looking to live in 1 and rent the other 3 unit. Property is in a central location! This 4-unit apartment building consists of a HUGE 4-bedroom, 3-bath unit; two 2-bedroom, 1-bath units; and a cozy 1-bedroom, 1-bath unit. These units are recently remodeled and feature fresh paint, new flooring, and other modern upgrades, ready to attract quality tenants. Conveniently located near parks, schools, USC, Los Angeles Memorial Coliseum, freeway access, neighborhood markets, and transit stations, making it an ideal choice for a wide range of tenants. Whether you’re looking to expand your investment portfolio or seeking a property with significant growth potential, 4146 Woodlawn Ave offers the perfect blend of immediate income and future opportunity.
Introducing a Retail/Office/Residential combination in the Heart of Downtown Culver City!! This unique property effortlessly blends residential and commercial space, accommodating to innovative professionals, entrepreneurs, and investors alike. The main building features Bottom retail space and four units up top. Each upstairs unit features 1 Bedroom, 3/4 Bath, and Kitchenette. Surrounded by The Culver Studios, Culver Hotel, Sony Pictures, aswell as shops and restaurants, this property is in a vibrant neighborhood! Delight in trendy cafes, bars, and eateries such as Chicas Tacos, Rocco's Tavern and the Meet in Paris French Bistro. With potential rental income and a desirable location for both living and business, each unit presents a fantastic investment opportunity. The versatile spaces can be rearranged to meet your needs, providing multiple revenue sources. Don't overlook this amazing opportunity to own a vibrant property in a highly desirable neighborhood, where innovation and potential intersect!
NEW Development!! This Luxurious and Modern Multi Family Property consists of 5 Units as 2 Duplex and ADU. The three-story front building has an ADU with 3 Bedrooms & 2 Baths and the 2 Units consists of 3 Bedrooms and 3Bathrooms each. The Rear Duplex has a unit with 4Bedrooms and 4 Bathrooms and another Unit has 6 Bedrooms & 6 Bathrooms. The units have a Great and Spacious Floor Plan Layout. Spacious Bedrooms & custom closets in all the units. The kitchens have quartz countertops, stainless steel appliances, & custom-made cabinets. Beautifully painted with Laminate Flooring that weathers any storm! Each unit has their own central HVAC system. With recess lighting throughout each unit. The laundry rooms have electric & gas hook-ups, tankless water heaters in each unit. The property has a 2 two car garage and long driveway with 2 stall parking. Decorative wood, block & iron fencing with front gate. Not a rent control property*** You must see this development to fully appreciate all the amenities offered. Central location close to the 10 & 110 Fwy, USC, Natural History Museum of L.A., SOFI Stadium, Crypton Arena & more.
Looking for a property that can help cover your mortgage and owner occupant can get a LARGE grant?! Well, welcome to these well-maintained Spanish-style units, featuring TWO VACANT UNITS- a fantastic opportunity for both owner-users and savvy investors. The front duplex comprises identical 2-bed 1-bath units PLUS an office, boasting hardwood floors and ample natural light. Each unit offers an open floor plan with a spacious living room, dining area, updated kitchen, and laundry room. The back STUDIO unit is currently tenant-occupied- but can be delivered VACANT. For those keen on maximizing value, there's ample space to build one or more ADUs and the potential to convert existing units into an ADU and Jr. ADU, thereby increasing rental income. Remodeled in 2016, upgrades include new plumbing, electrical, roof, flooring, and updated kitchens and baths. Each unit includes a dishwasher, and washer/dryer (front units), and all bedrooms include ceiling fans (in addition to AC/Heat). Located in the heart of Mid-City, adjacent to sought-after residential neighborhoods like Lafayette Square and Country Club Park, this property offers easy access to the I-10 and I-110 freeways, and is conveniently close to public transportation, making commuting effortless. Just minutes from vibrant Koreatown, residents will enjoy many amenities, including fine dining, entertainment, and shopping centers.
OFFER DEADLINE is TUESDAY 7-9-24 at 5pm. First time on market in 60 years! Excellent Triplex Investment Opportunity in Prime Los Angeles Location – This Triplex has Huge Upside Potential – First Unit has 2 Bedroom 1 Bathroom. Second Unit has 1 Bedroom 1Bathroom. Third Unit is a Studio Unit. Each Unit has a Detached Garage and separate electric and gas meters. Combined living space is 2214sf and lot is 4155sf. This Triplex (6124 S. Wilton Pl) has a shared driveway with Duplex at 6120 S. Wilton Pl which is also offered for sale by same Seller. Easy access to Freeways 105 and 110, LAX, Public Transportation, Downtown LA, LA Live, the Convention Center, Sofi Stadium, University of Southern California USC, Schools, Museums, Beaches, Restaurant and Shops. With some fixes, this property is an excellent and affordable opportunity for investors and owner-occupant. Prospective buyers must independently complete their own due diligence and satisfy themselves on all property facts. Property is being sold in its “AS-IS” condition.
1223 N. Avenue 56 is a 10-unit value-add property, on a 12,603 SF lot, located 1 block north or York Blvd, the artistic hub of Highland Park. Notable tenants of this lively hub include Kumquat Coffee, Block Party, The York, Joy, Collage Coffee & more. In addition, the property is located 1.5 miles from Occidental College, and could serve as a great off-campus student housing option. 1223 N. Ave. 56 presents a substantial value-add opportunity with approx. 63% rental upside. At projected market rents, the property will stabilize at a 8.07% CAP and 9.35 GRM. Built in 1950 & 1953, this property features (10) 1-bdrm. units spread across (3) 2-story buildings. The 12,603 SF lot features 2 APNs. Property amenities include automatic gated entry and approx. 9 surface tandem parking spaces. 1223 N. Ave. 56 can be purchased individually or in conjunction with a 16-unit property, located 1 mile away (144 S. Avenue 55). Please contact LA1 for more info.
We are very pleased to exclusively offer for sale The Siegel, a beautifully expanded and remodeled 9 unit corner lot multi-family property located steps from several illustrious Hollywood Studios as well as nearby historic and famous Hancock Park. The Siegel offers an investor a stabilized, strong income stream of over $313,000 in annual gross income and a $221,235 net operating income, delivering a new owner a Day 1 cap rate of 5.7% and a 12.4 GRM. Comprised of an excellent mix of large 1 and 2 bedroom units, plus one studio unit, The Siegel is perfectly situated on a beautiful tree-lined street, featuring a mix of multi-million dollar single family homes and well manicured duplex properties along Las Palmas Avenue. Many of these units at The Siegel have been renovated to include high end appliances, washer/dryer hookups, hardwood floors, recessed lighting, high end kitchen and bathrooms. This is truly one of the best 9 unit multi-family investment offerings in one of the strongest multi-family markets in Southern California.
OFFER DEADLINE is TUESDAY 7-9-24 at 5pm. First time on market in 60 years! Excellent Duplex Investment Opportunity in Prime Los Angeles Location – Rent One Unit, Live in the Other Unit. Duplex has Huge Upside Potential – Each Unit has 1 Bedroom, 1 Bathroom, 1 Detached Garage, separate electric and gas meters. Combined living space is 1058sf and lot is 4152sf. This Duplex (6120 S. Wilton Pl) has a shared driveway with Triplex at 6124 S. Wilton Pl which is also offered for sale by same Seller. Easy access to Freeways 105 and 110, LAX, Public Transportation, Downtown LA, LA Live, the Convention Center, Sofi Stadium, University of Southern California USC, Schools, Museums, Beaches, Restaurant and Shops. With some fixes, this property is an excellent and affordable opportunity for investors and owner-occupant. Prospective buyers must independently complete their own due diligence and satisfy themselves on all property facts. Property is being sold in its “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.