DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present 543-545 North Hoover Street, an eight-unit apartment community located just minutes from the vibrant Sunset Junction neighborhood. Nestled in one of Los Angeles' most walkable neighborhoods, this area has experienced a surge in popularity and rental demand, driven by an array of artisanal coffee shops, cafes, local retailers and bars. Constructed in 1958 and 1962, the property features both one and two-bedroom units, with eight on-site parking spaces. Currently, tenants are paying below-market rents compared to similar properties in the area. By renovating the units and aligning rents with market rates, a savvy investor could realize an impressive 83% rental upside, unlocking significant long-term appreciation potential. 543-545 North Hoover Street offers substantial potential rental upside and appreciation in a thriving neighborhood.
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present 543-545 North Hoover Street, an eight-unit apartment community located just minutes from the vibrant Sunset Junction neighborhood. Nestled in one of Los Angeles' most walkable neighborhoods, this area has experienced a surge in popularity and rental demand, driven by an array of artisanal coffee shops, cafes, local retailers and bars. Constructed in 1958 and 1962, the property features both one and two-bedroom units, with eight on-site parking spaces. Currently, tenants are paying below-market rents compared to similar properties in the area. By renovating the units and aligning rents with market rates, a savvy investor could realize an impressive 83% rental upside, unlocking significant long-term appreciation potential. 543-545 North Hoover Street offers substantial potential rental upside and appreciation in a thriving neighborhood.
AGGRESSIVELY PRICED LOW TO SELL QUICK!!! LOOK NO FURTHER, this is a FIVE UNIT complex (5X 2/1) $180,600 per year $15,050 per month income with 4 legal units and one bonus 2 bedroom unit that is unpermitted but fully remodeled and been used as an AIRBNB with an income of average $3500/ month. ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION and brings in $180,600 per year $15,050 per month. Live in the unpermitted unit and rent out the remaining 4 units and still have an annual income of $138,600 per year (if you exclude the unpermitted 2 bedroom unit which again, is fully remodeled and in a fantastic condition). The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which were both used as Airbnb and bringing in about $3500 each per month. This wont last, so submit your offer today!
We are pleased to present a seven-unit investment opportunity in Koreatown at 4651 Council St, a corner lot just south of Beverly Blvd. The property features an ideal unit mix of two one-bedrooms and five two-bedrooms with 10 parking spaces; the soft story retrofit work has been completed. Ownership has completed full renovations of five units with upgrades including in-unit washers & dryers, vinyl plank flooring, stainless steel appliances, new kitchen cabinets and tile backsplashes, new plumbing fixtures and improvements, new drywall, paint, and base moldings, and energy efficient LED lighting, among others. In addition to interior unit renovations, ownership has recently completed exterior and common area capital expenditures including LED lighting, house panel and subpanel upgrades, new door numbers, new landscaping, and new paint throughout the common areas. Opportunity to acquire an asset with little to no deferred maintenance and strong in-place cash flow at a 5.16% CAP rate and 12.86 GRM on current income with an additional 19% rental upside. High Walk Score of 93, close proximity to schools, employment, and transit options. Central location makes it convenient for residents to commute throughout the city to nearby neighborhoods such as Downtown LA, East Hollywood, Hollywood, Westlake, and Mid-City, among others. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the highly coveted submarkets in all of Los Angeles.
THIS IS A PROBATE!! Discover this exceptional 4-unit property nestled in the vibrant heart of Los Angeles' Koreatown neighborhood. Conveniently situated near Hollywood and downtown Los Angeles, this property offers a prime location with easy access to countless amenities and attractions. One of the standout features of this property is its generous parking area, providing ample space for residents and guests. This is a rare find in such a sought-after location. Whether you're a seasoned investor or just starting your real estate portfolio, this 4-unit property presents a fantastic opportunity. With its prime location and strong rental demand in Koreatown, this property offers excellent potential for long-term income and appreciation.
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.
Location, location, location! Property on the market for first time in over 40 years! Everything is in perfect condition. East Hollywood location. Zoned R3. Triplex on corner lot. Close to Korea Town and Mid Wilshire area. Front house has 4 bedrooms ad 2 baths. 2 units have 3 bedrooms and 1 bath each.
Open House:
Saturday, 11/16 1:00-4:00PM
Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and electric and large laundry rooms. Yard space for both units. Perfect owner/user or investor opportunity.
Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and electric and large laundry rooms. Yard space for both units. Perfect owner/user or investor opportunity.
Discover a unique opportunity to own a beautifully renovated, income-producing property in the heart of Koreatown! Perfect for both owner-occupancy and rental income potential. Each unit boasts upgraded kitchens and baths, brand new appliances, sleek flooring, and stylish stucco finishes. With solar panels and a new HVAC system, this duplex is as energy-efficient as it is beautiful. The open floor plan floods with natural light, while lush greenery provides an oasis of calm. Outside, you'll find a 6-car parking lot, making it ideal for tenants or large families, plus the exciting potential for an ADU to further increase rental income. The property is gated and tucked away on a cul-de-sac in a safe, school neighborhood. With a sprawling outdoor area perfect for pets or play, this property is ideal for a growing family. Delivered vacant, it's a perfect starter home with serious potential for passive income. Seize this chance to live in style while generating rental income! ***3.25% assumable FHA loan for the qualified buyer.***
Well-maintained 17-unit building cash flowing at an amazing Current Cap Rate of 5.5% and 12.7 GRM from day 1 with an incredible 35% upside to 8.1% Cap Rate and 9.4 GRM on proforma in prime Hancock Park/Larchmont Village area. Excellent and large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 brand-new (1bed/1bath) ADUs. Additionally, 4 of the units have been renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and covered parking spaces for convenience. Individually metered for gas & electricity with soft-story retrofit already completed. Large 14,364 SF R3 TOC Tier 3 corner lot for future development potential. Located in the heart of Hancock Park just minutes away from Larchmont Village, Koreatown, Hollywood, and Melrose as well as many hip neighborhood attractions, restaurants, bars, and shops such as Wilshire Country Club, Paramount Studios, H Mart, Levain Bakery, Salt & Straw, and Great White, popping up all around the area.
Excellent well-maintained property features four spacious units, each with three bedrooms and two bathrooms. With over 1,600 square feet per unit, residents can enjoy generous living spaces and in-unit laundry facilities.The property is gated, providing secure outdoor space, and each unit includes two tandem parking Many upgrades.Centrally located, this property offers convenient access to Hollywood, The Grove, downtown, and is just a short stroll from Larchmont. Its prime location and amenities make it an attractive choice for tenants, with easy access to the freeway.
Excellent well-maintained property features four spacious units, each with three bedrooms and two bathrooms. With over 1,600 square feet per unit, residents can enjoy generous living spaces and in-unit laundry facilities.The property is gated, providing secure outdoor space, and each unit includes two tandem parking Many upgrades.Centrally located, this property offers convenient access to Hollywood, The Grove, downtown, and is just a short stroll from Larchmont. Its prime location and amenities make it an attractive choice for tenants, with easy access to the freeway.
Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.
Huge Price Reduction! 100% Fully Renovated & 100% Occupied 18-unit apartment building with permits cash flowing at an amazing 6.5% Cap Rate and 11.3 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 and 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.
Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a beautifully updated and architecturally charming gated multi-family building in the heart of Koreatown. This property features six renovated 2-bedroom, 1-bathroom units, each boasting spacious floorplans, large eat-in kitchens with granite countertops, and laminate wood flooring. With abundant windows, 9' ceilings, and laundry rooms equipped with washers and dryers, these homes are flooded with natural light and offer modern comforts such as central heating and air conditioning. This pride-of-ownership property offers minimal tenant turnover due to the high desirability of these units. The building includes 10 gated parking spaces, with 5 covered and 5 uncovered. Located on an exquisite tree-lined street, this prime Koreatown location is close to major employment centers and offers a wide range of culinary, entertainment, and cultural options, making it a highly attractive destination for renters. Don't miss this fabulous investment opportunity!
Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a beautifully updated and architecturally charming gated multi-family building in the heart of Koreatown. This property features six renovated 2-bedroom, 1-bathroom units, each boasting spacious floorplans, large eat-in kitchens with granite countertops, and laminate wood flooring. With abundant windows, 9' ceilings, and laundry rooms equipped with washers and dryers, these homes are flooded with natural light and offer modern comforts such as central heating and air conditioning. This pride-of-ownership property offers minimal tenant turnover due to the high desirability of these units. The building includes 10 gated parking spaces, with 5 covered and 5 uncovered. Located on an exquisite tree-lined street, this prime Koreatown location is close to major employment centers and offers a wide range of culinary, entertainment, and cultural options, making it a highly attractive destination for renters. Don't miss this fabulous investment opportunity!
4-units fully leased out in Mid-Wilshire, near Koreatown. Seize this rare opportunity to own a fully-occupied 4-unit property in the heart of Los Angeles! Perfectly positioned in a convenient location, these units are just minutes from local hotspots, dining, and public transportation, offering tenants both comfort and accessibility. With all units currently rented, this is an ideal turnkey investment for any savvy buyer. Secure steady rental income from day one in one of LA's most sought-after areas. Don't miss out on this investment with established, long-time tenants.
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire a four-unit apartment community situated north of Koreatown. The subject property is located southwest of the 101 Freeway & east of Normandie Avenue. The property is situated on a 4,078 square foot parcel and comprises of four large units. There is 41% remaining rental upside that new ownership can capture through interior renovations. As one of Los Angeles' most densely populated neighborhoods, this submarket's popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground up development in the immediate gentrifying area, the location has been catering to families, young professionals and artists alike in recent years. Taking into consideration the property's strong location and remaining value-add components, 4307 Clinton Street is well suited to provide investors with healthy returns and long-term appreciation potential. *Buyer to Verify Bedroom Count. Two Bedrooms are Legally One Bedrooms Per Los Angeles Assessor.
This property offers a prime opportunity for investors to expand their portfolio with a well-located 4-plex in a highly sought-after area. Developers will also find significant potential to maximize the land’s value by constructing a multi-story building, making the most of the high demand for properties in this vibrant location.
Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!
Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!
Great 9 units building most units have been updated. No City Rent Control.
Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don't miss this exceptional investment opportunity!
Well-maintained & charming 5,964 square foot building situated on a large 10,080 square foot LAR3 zoned lot. The property is made up of eight (8) very spacious one (1) bedroom & one (1) bathroom units, each averaging 745 square feet. Two units have been upgraded with newer flooring, kitchens, bathrooms and washer and dryers in unit. Upper units have views of the Hollywood sign. One unit will be delivered VACANT! There is ADU potential and tremendous rental upside. The property is separately metered for gas & electricity with separate hot water heaters. The property had a new roof installed in 2023! There are seven (7) garage parking spaces! Very secure gated building with facial recognition entry for all tenants. Extremely well located in the highly-coveted Larchmont area on Beverly Blvd. between Wilton Pl. & Larchmont Blvd. The property is just steps away from Robert Burns Park & the trendy restaurants and shops district located on Larchmont Blvd. Local restaurants include Great White, Osteria Mamma, Pour Vous, Levain Bakery, and more! Moreover, this central location provides easy access to all of the employment, dining, and entertainment opportunities that Hollywood has to offer! The subject property is located in the City of Los Angeles and is subject to LA Rent Control.
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 90004 has a population of 3,902,440. Los Angeles 90004 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 90004 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 90004 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.