Measure JJJ (Tier 2) - 25 Unit Redevelopment. Buyer may obtain new financing at current market rates. Close proximity to Olympic Blvd & Western Ave. Legally 14 UnitsBonus Density 25 Units including 3 Units for Low Income.
MUTOOF is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over 5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property offers hardwood floors, spacious living rooms, formal dining rooms, and a private entrance. Ample parking at both the front and back.Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just three miles west of Downtown Los Angeles, and four miles south of Hollywood. The subject property consists of total three (3) units totaling 1,913 SF on a sizable 5,903 SF lot. Mix of total one (1) 2beds/2baths unit and two (2) 1bed/1bath units. The triplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
47 Liquor license Live Entertainment license Dance license. Kitchen is storefront with own entrance and can be subleased out.
First time on the market, across from Loyola High school, lots of potential.
Daniel Hirth and Alex Reyhan of The Hirth Group have been exclusively selected by the ownership to handle the sale of 1419 Malvern Avenue. An exceptional eight-unit multifamily building situated between Venice Boulevard and Alvarado Terrace, just north of S. Hoover Street, in the Pico Union submarket near Downtown Los Angeles. This area is a highly sought-after and rapidly gentrifying neighborhood. Built in 1960, the property features a mix of four 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and two studio apartments. The current rents are well below market value, providing investors with the opportunity to increase income by over 100% and the potential to add additional ADUs (Buyer to Verify). The building spans 5,960 square feet on a 6,506 square foot lot, offering a 4.32%current CAP rate with a projected pro forma CAP rate of 9.73%, priced at just $162,500 per unit. This property at 1419 Malvern Avenue offers a rare chance for investors to acquire a value-add asset in a high-demand rental market, with the potential to increase value through renovations and the addition of an ADU in the rear. With strategic renovations, investors can maximize rental income and tap into the significant upside. The property is ideally situated in a dense, infill location with easy access to major employment hubs such as Downtown Los Angeles, Mid-Wilshire, Miracle Mile, Hollywood, West Hollywood, Beverly Hills, and Century City. Additionally, it's within walking distance of the Westlake/MacArthur Park Purple/Red Line Metro Stations, providing convenient connections to Downtown Los Angeles. The Purple Line is currently being extended, with new stations set to serve Beverly Hills, Westwood, and Brentwood by 2026.
Central Koreatown location. Soft story seismic retrofitting has been completed. Close proximity to Downtown Los Angeles. 614,580 Residents within a 3-mile Radius
8 unit apartment building located downtown area near schools, stores. units are located in high rental area. Low maintenance property. ***Also selling adjacent building 1724 S New England
Five-unit apartment building located downtown area near schools,stores. Units are located in high rental demand area. (4)1bed/1bath with 2 living rooms (1) 3 bed / 1.75 bath 2 living rooms. Very low maintenance property. Long Term tenants: ***Also selling adjacent building 1732 S New England
This is your chance to take over an existing clothing shop in the heart of the Korean Town shopping mall. Take on the same concept of the current owner or make it your own. This is an established business of imported products from Korea.
Best Corner Location in KOREATOWN!! On the Corner of Olympic and Vermont. Former Verizon/ Data Solution space is available. Busy Heavy Traffic Location with over 50,000 CPD on corner of Olympic and Vermont. Over 1000 sqft - 2000 sqft can be made available. Space idea for Retail business or any Medical Office with one Restroom inside. If you are looking to grow your business, this is the perfect Location.
GREAT LOCATION IN KOREA TOWN, BE OWNER OF YOUR BUILDING, STANDARD SALE!! NEAR DOWNTOWN LOS ANGELES. A WELL-MAINTAINED 5-UNIT BUILDING. ALL UNITS HAVE UPDATED BY THE CURRENT SELLER. PLEASE DO NOT DISTURB THE TENANTS. NO EXCEPTIONS! CALL FOR ANY INFORMATION
Best Corner Location in KOREATOWN!! On the Corner of Olympic and Vermont. Former Verizon/ Data Solution space is available. Busy Heavy Traffic Location with over 50,000 CPD on corner of Olympic and Vermont. Over 1000 sqft - 2000 sqft can be made available. Space idea for Retail business or any Medical Office with one Restroom inside. If you are looking to grow your business, this is the perfect Location.
Partners CRE are proud to present for sale a perfect Owner-User opportunity in the El Salvador Community Corridor of Pico Union.Walk Score calls this area a Walker's Paradise with Good Transit and Very Bikeable. The property is perfectly situated to run a business with great street exposure and alley access.Zoned C2-2D-CPIO Tier 3, the building features 1,573 SF of space with a 350 SF parking area in back, with a gate to the alley.The densely populated community is the first and most important step for the success of most businesses! This ideal location allows for instant storefront exposure that will lead curious neighbors to become regular patrons! Do not miss out on instant exposure and a ready-built customer base!
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90006 has a population of 3,902,440. Los Angeles 90006 is less family-centric than the surrounding county with 28.08% 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 90006 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 90006 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.