Los Angeles CA Multi Family for Sale

ADDITIONAL INFORMATION

Amazing Current Cap Rate of 7.3% and 10 GRM with 43% upside to 11% Cap Rate and 7.2 GRM on proforma! Now offered with Higher Rents and 2 New Vacancies. Value-Add 10-unit building with 4 Fully renovated units with permits and 2 upcoming vacancies that can be renovated and leased for $2,407 per month (Previous rents were only $808). Priced at only $220k/door and $336/SF plus Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 183k/unit, 10% Cap Rate, and 7.7 GRM on Current with upside to 14% Cap Rate and 5.8 GRM on Proforma after ADUs. All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. RTI plans to add 2 Attached ADUs in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 4 units have been fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

ADDITIONAL INFORMATION

MUTOOF is pleased to present 316 S Coronado St, Los Angeles, CA 90057. Prime location for all owner-occupants, investors, and developers. Two-story duplex with ADU on over 5,277 SF lot in the heart of Westlake. Huge value-add opportunity upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (R3-1 zoning). Exceptional two-story duplex featuring hardwood floors, spacious living rooms, and a private entrance. Ample parking. Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just a mile east of Koreatown, two miles west of Downtown Los Angeles, and five miles south of Hollywood. The subject property consists of total two (2) units with ADU totaling 2,340 SF on a sizable 5,277 SF lot. Mix of total two (2) 2beds/2baths unit and one (1) studio unit. The two-story duplex property to be sold "as-is" and can be delivered fully 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.

ADDITIONAL INFORMATION

40% VACANT (2 of 5 Units) / OWNER USER OPPORTUNITY - As the exclusive listing agent, we are pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778 SF, sitting on an elevated corner lot with a vacant detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 35% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical, roofing, and plumbing under the current ownership. Delivered 40% vacant (2 of 5 units), the property provides the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a unique corner lot property for both investors and owner-users in a high-demand rental pocket surrounded by new development and continued gentrification. The Burlington is situated in Westlake North, a diverse and vibrant neighborhood. The property is located close to Echo Park, Hollywood, Koreatown, and Downtown Los Angeles, providing easy access to cultural and commercial hotspots. Westlake North offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants, and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.

ADDITIONAL INFORMATION

This 12-unit apartment building is comprised of three (3) 4-unit buildings, totaling 12 units. This 1920's style building, a charming and classic Los Angeles design, is a unique asset. Each unit has direct access to the outside courtyard. The units all face south, overlooking the Grand View Retirement Center. With MacArthur Park to the South and 3rd Street to the North, this multi-family property has a desirable Los Angeles location with walkability and endless amenities in proximity. This well-maintained asset is fully gated and secure, with street parking only, and is separately metered for gas and electric. Rents are currently below market, with excellent 33% upside. The current Cap Rate is 5.92% and current GRM is 10.57.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 816 South Westlake Avenue, an 18-unit apartment community. 816 South Westlake is located south of 8th Street and east of Hoover Street, in the Westlake submarket of Los Angeles. Situated on a 7,502 square foot parcel, the property is comprised of six one-bedroom units and 12 two-bedroom units. Due to its 1990 construction, 816 South Westlake Avenue is not subject to Los Angeles City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual rental increases. The property has subterranean parking with security gated access and an elevator on-site. 816 South Westlake Avenue in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is located a short distance from venues in the "Downtown Sports Park" Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium & more, which bode well for the long-term prospects of this neighborhood. 816 South Westlake Avenue presents investor a unique opportunity to attain a 1990's constructed asset in a dense infill Westlake location with in-place yield.

ADDITIONAL INFORMATION

Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 816 South Westlake Avenue, an 18-unit apartment community. 816 South Westlake is located south of 8th Street and east of Hoover Street, in the Westlake submarket of Los Angeles. Situated on a 7,502 square foot parcel, the property is comprised of six one-bedroom units and 12 two-bedroom units. Due to its 1990 construction, 816 South Westlake Avenue is not subject to Los Angeles City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual rental increases. The property has subterranean parking with security gated access and an elevator on-site. 816 South Westlake Avenue in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is located a short distance from venues in the "Downtown Sports Park" Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium & more, which bode well for the long-term prospects of this neighborhood. 816 South Westlake Avenue presents investor a unique opportunity to attain a 1990's constructed asset in a dense infill Westlake location with in-place yield.

ADDITIONAL INFORMATION

Excellent opportunity for investors or owner-users to own and live in a 4-plex within the vicinity of our very own Highly desired Downtown Los Angeles area. VACANT unit is a 2nd level, 1 bedroom, 1 bathroom, with a beautiful Sunroom which has been recently remodeled, updated, and repainted ready for immediate move-in. Quadraplex has TWO 1 bedroom, one bathroom plus sunroom and TWO 2 bedroom and 1 bathroom units separated into 2 separate buildings. Building One features TWO one bedroom, one bathroom, and BONUS sunroom with 3 single car garages. This entire building is constructed with steel beam reinforcement from ground up. There is also a common area room featuring the utilities, storage, and washer/dryer hooks up should the owner prefer to install. Second Building has TWO units which are both 2 bedrooms and 1 bath. Lot has an impeccable landscaped wrap-around yard offering a private side yard for each of the buildings. Secured with Cylinder Block and Chain-Link fencing around the property, with its very own separate entrances. Exterior of both buildings has been recently painted with various upgrades done throughout the units and property. Property has an additional and detached TWO single car garages perfectly situated for future ADU conversion which would be an immense value add in both income and property aspects. Own or Live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA’s notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!

ADDITIONAL INFORMATION

Westlake is the setting for this classic Craftsman duplex featuring one bright vacant unit, a great opportunity for an owner-user or investor. Built in 1914, the gated property provides easy access to coffee and recreation in Echo Park. Each two-bedroom unit showcases hardwood floors and heritage elements. The vacant upper unit is a breezy space, offering a kitchen equipped with a stainless steel appliance suite, extra attic storage and a deck with scenic views. Conveniences include A/C, dedicated laundry per unit, gated parking and an enclosed back yard. With McArthur Park's green space renovation underway, the area is becoming red-hot and this property is a perfect entry point. Nearby attractions include Echo Park Lake, The Bellwether, Vista Hermosa Natural Park and Laveta Coffee.

ADDITIONAL INFORMATION

Westlake is the setting for this classic Craftsman duplex featuring one bright vacant unit, a great opportunity for an owner-user or investor. Built in 1914, the gated property provides easy access to coffee and recreation in Echo Park. Each two-bedroom unit showcases hardwood floors and heritage elements. The vacant upper unit is a breezy space, offering a kitchen equipped with a stainless steel appliance suite, extra attic storage and a deck with scenic views. Conveniences include A/C, dedicated laundry per unit, gated parking and an enclosed back yard. With McArthur Park's green space renovation underway, the area is becoming red-hot and this property is a perfect entry point. Nearby attractions include Echo Park Lake, The Bellwether, Vista Hermosa Natural Park and Laveta Coffee.

ADDITIONAL INFORMATION

We are proud to exclusively present for sale a 6 Unit + RTI ADU Residential Building with tremendous redevelopment potential in the Historic Filipinotown area of Echo Park! The property currently features a six unit building on an oversized lot with 9 single car garages. The sellers have an RTI / Approved Plan Check to convert the four garages in front into a 2 Bedroom, 2 Bathroom Accessory Dwelling Unit (ADU). With 8,287 SF of R4-1 Tier 1 land, and backing up to a 20 foot wide alley, a developer could build 70+/- units by ED-1. There are long terms tenants; the property will be delivered fully occupied with no relocation agreements. A new owner will need to talk to tenants after close of Escrow. The property is perfect for redevelopment into a market rate project or preferably a 100% Affordable Housing project! With just a 15 minute walk to the Metro Subway Station at MacArthur Park, rest assured that limited (or no) parking should not affect a project in this very pedestrian friendly area. With easy access to the 101 and 110 freeways, this property is centrally located to benefit from what Downtown, Silver Lake, Echo Park, Hollywood, Koreatown and more have to offer! Designated as Very Walkable, Excellent Transit and Bikeable by Walk Score, come build a place your future tenants truly can call home! This high-demand area is in the middle of everything that younger professionals are looking for! Square footage, bedrooms and bathrooms includes the RTI ADU as it will be built. CAP and GRM take into account the budget of $150,000 to build the ADU.

ADDITIONAL INFORMATION

18 unit low rise garden style apartment building for sale with tremendous upside of 53% to peak proforma in one of the few remaining pockets in Los Angeles that hasn't seen big growth...yet. A short drive off the 101 and the Silver Lake Blvd exit is 343 S Occidental Blvd. The location is Silver Lake a few blocks to the north and Koreatown a few blocks to the east. 10 of the units are one bed one bath, 8 are studios. Rents were last raised February 2024. Current rents are $18,936/mo ($227,236/yr). Highest 1 bed unit is $1700/mo. Highest studio is $1500/mo. February 2025 rents at 4% increase gets to a 4.8 cap & 13.5 GRM. Proforma rents indicate $29,000/mo or ($348,000/yr) at 8.3 cap & 9.2 GRM. All units are occupied and rents are current. Laundry is on site. There are 13 parking spaces with the potential to add more. Soft story retrofit completed in 2019.

ADDITIONAL INFORMATION

Cushman & Wakefield U.S., Inc., as exclusive advisor, is pleased to present an exceptional investment opportunity near the heart of Koreatown: 236 Vendome (the “Property”), a beautiful, 8-unit multifamily property nestled in the heart of Koreatown, one of Los Angeles’ most vibrant neighborhoods. Situated on a 0.30-acre parcel, 236 Vendome offers an attractive mix of two (2) 1BR/1BA and six (6) 2BR/1BA units, exhibiting a blended average unit size of over 1,000 square feet per unit. Each unit features an efficient layout with highly attractive and unique interior design characteristics. Nine (11) gated parking spaces are located on the eastern side of the property, and are accessible via the alleyway abutting the that side of the Property. Due to the existing layout/configuration and underlying zoning & land use guidelines, 236 Vendome offers an opportunity to realize additional, by-right residential density (via ADU development and/or density bonus incentives). 236 Vendome is zoned RD-1.5-1 by the City of Los Angeles, and can comfortably accommodate new development on the east side (rear) of the property, which is accessible via an interior alleyway. This portion of the site is well-suited for 2-3 ADU units with tuck-under parking. The additional density is permitted by-right via the city’s ADU Ordinance and/or Tier 3 TOC designation, a density bonus incentive increasing the unit yield by 40% and the maximum FAR by 45%. 236 Vendome has a strategic location proximate to Koreatown's commercial hub, featuring a high concentration of amenities and entertainment, which will continue to generate steady tenant demand, and potential for future growth. The Property has high visibility and convenient access to a regional transportation network serving Southern California, situated near the I-10, 110, and 101 Freeways, providing convenient access to every major freeway that passes through Greater Los Angeles. Moreover, the location is near the true center of the region, with only 9 miles to the Hollywood Burbank Airport, 10 miles to Los Angeles International Airport, and 20 miles to the Ports of Los Angeles and Long Beach. 236 Vendome presents a unique opportunity for investors seeking value-add opportunities in Koreatown's dynamic residential real estate market. Potential buyers can reimagine and enhance this historic gem to meet modern residential demands.

ADDITIONAL INFORMATION

Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.

ADDITIONAL INFORMATION

We are pleased to present 2330 W 3rd Street, an architectural awardwinningmixed use creative space opportunity in the heart of Westlake, one ofLos Angeles' fastest growing neighborhoods. This rare trophy Mid-Century assetconsists of ten commercial suites and one large 2 bedroom penthouse. This iconic glass, brick, and stucco Mid-Centurybuilding wraps around a beautifully landscaped centralcourtyard. Every creative suite is unique and boastrare features such as floor to ceiling glass windows,open beamed ceilings, their own private bathrooms,and brick wood-burning fireplaces. The 8,262 squarefoot building sits on 11,721 square feet of land zonedLAC2, allowing for a variety of commercial, residential,or mixed uses. With approximately 100 feet of frontagealong 3rd street, 2330 W 3rd Street presents itself asone of the most recognizable architectural buildings inWestlake with excellent visibility, lush palm trees, andconvenient ingress and egress. Westlake, located right outside Downtown'semployment hub, is a bustling neighborhood with arapidly gentrifying demographic. Westlake is adjacentto other notable neighborhoods, including Echo Park,Pico Union, Downtown and Koreatown. The subjectproperty's location is ideal as it is walking distanceto thousands of jobs, transportation options a

ADDITIONAL INFORMATION

"Seller Carry Option Available" Contact listing agents for more details. 100% Affordable project: 30 Units to be possibly delivered RTI. 6 Stories with on grade parking. Unit Mix: 10 (0+1), 15 (1+1) & 5 (2+1). Situated on a 7,870 square foot lot zoned R4-1. 452 S Bonnie Brae Street just south of 3rd Street in Westlake, one of the rapidly revitalizing submarkets in Los Angeles.

ADDITIONAL INFORMATION

Great opportunity in Los Angeles, CA. This Duplex has so much to offer. Front unit features 2 bedrooms, 1 bathroom, with a basement access. Back unit features 2 bedrooms, 1 bathroom. Property also has 2 bonus rooms! Don't miss out! Call your favorite realtor today!