Los Angeles CA Multi Family for Sale
$5,975,000
4201 Council Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 8,677
- Status:
- NEW LISTING
- Beds:
- 18
- Lot size:
- 0.18 Acres
- Year built:
- 1923
- Baths:
- 18.00
- MLS#:
- 25478099
ADDITIONAL INFORMATION
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.
$6,800,000
641 Hobart Boulevard Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 16,035
- Status:
- NEW LISTING
- Beds:
- 19
- Lot size:
- 0.17 Acres
- Year built:
- 2023
- Baths:
- 22.00
- MLS#:
- 25477669
ADDITIONAL INFORMATION
JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the "Property" or "641 Hobart"); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments. Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city's vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Caf Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.
$6,800,000
Hobart Blvd Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 16,035
- Status:
- NEW LISTING
- Beds:
- 19
- Lot size:
- 0.17 Acres
- Year built:
- 2023
- Baths:
- 22.00
- MLS#:
- 25-477669
ADDITIONAL INFORMATION
JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the "Property" or "641 Hobart"); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments. Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city's vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Caf Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.
$4,950,000
205 Kenmore Avenue Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 15,408
- Status:
- NEW LISTING
- Beds:
- 30
- Lot size:
- 0.17 Acres
- Year built:
- 1925
- Baths:
- 30.00
- MLS#:
- 25477473
ADDITIONAL INFORMATION
We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.
$2,750,000
206 Irving Boulevard Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 4,262
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- 4.00
- MLS#:
- 24473045
ADDITIONAL INFORMATION
Rare Opportunity in Prestigious Windsor Square! Beautifully restored Spanish-style duplex (2007) with a new roof (2023), located on a premier street in one of LA's most historic neighborhoods. This property features two spacious single-level residences, each with 3 bedrooms, 2 bathrooms, oversized living rooms with fireplaces, and formal dining rooms. Upgraded finishes and all-new appliances throughout! The upper unit boasts a master bedroom with a walk-in California closet and private balcony. Enjoy the sunshine in the serene rear yard. Approx. 4,226 sq. ft.. Includes a detached two-car garage and shared driveway with side-by-side parking. Both units will be delivered vacant. Prime location! Walk to Larchmont shops and restaurants. Minutes from The Grove and Museum Row. Seller is highly motivated-don't miss this incredible income property!
- Type:
- Fourplex
- Sq.Ft.:
- 4,836
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- DW25001824
ADDITIONAL INFORMATION
Beutiful Attractive 4 Plex in the heart of Los Angeles Located in a fast expanding high-demand area with alot of growth potential.The property consist of 8 spacious Bedrooms (1209 Sq Ft Each) and 4 baths.The Lot Size is 7904 Sq Ft. that includes a large parking area in the back for the residents and their guests.The property offer alot of potential. This is a rarely found investment opportunity in today's market. Next to schools, shopping and freeways. Please do NOT disturb the occupants !!!
$2,750,000
Irving Blvd Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 4,262
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- 4.00
- MLS#:
- 24-473045
ADDITIONAL INFORMATION
Rare Opportunity in Prestigious Windsor Square! Beautifully restored Spanish-style duplex (2007) with a new roof (2023), located on a premier street in one of LA's most historic neighborhoods. This property features two spacious single-level residences, each with 3 bedrooms, 2 bathrooms, oversized living rooms with fireplaces, and formal dining rooms. Upgraded finishes and all-new appliances throughout! The upper unit boasts a master bedroom with a walk-in California closet and private balcony. Enjoy the sunshine in the serene rear yard. Approx. 4,226 sq. ft.. Includes a detached two-car garage and shared driveway with side-by-side parking. Both units will be delivered vacant. Prime location! Walk to Larchmont shops and restaurants. Minutes from The Grove and Museum Row. Seller is highly motivated-don't miss this incredible income property!
$4,950,000
Kenmore Ave Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 15,408
- Status:
- Active
- Beds:
- 30
- Lot size:
- 0.17 Acres
- Year built:
- 1925
- Baths:
- 30.00
- MLS#:
- 25-477473
ADDITIONAL INFORMATION
We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.
$1,200,000
250 Ridgewood Place Los Angeles, CA 90004
- Type:
- Mixed Use
- Sq.Ft.:
- 2,080
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- TR24238482
ADDITIONAL INFORMATION
This great 1920 Spanish style property is in the popular area of Hancock Park in Mid-Wilshire. This 4 unit income property is on a quiet street. The living room and dining room faces the courtyard. The remodeled kitchen has an eating bar and ceramic tile throughout. One unit has 3 bedrooms and 1.5 bathrooms and 3 studio units with 3/4 bathrooms. The courtyard offers a private atmosphere under a covered patio. Property has 1 meter, Buyer to do own due diligence about any county or city permits and zoning. Buyer to verify sq. ft.
$1,299,000
122 Edgemont Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 4,228
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1927
- Baths:
- 4.00
- MLS#:
- 24471343
ADDITIONAL INFORMATION
Delivered with one 2+1 unit vacant at COE! Prime historic fourplex at 122 N. Edgemont St. in the Koreatown submarket of Los Angeles. Four spacious units with hardwood flooring, formal dining rooms and historic charm. Each unit is separately metered for gas and electricity with individual garages in rear. Incredible location between Beverly Blvd. and 1st Street walkable to dining, retail and transit. Priced at 4.5% cap rate, perfect for investors or an owner-occupant.
$1,299,000
Edgemont St Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 4,228
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1927
- Baths:
- 4.00
- MLS#:
- 24-471343
ADDITIONAL INFORMATION
Delivered with one 2+1 unit vacant at COE! Prime historic fourplex at 122 N. Edgemont St. in the Koreatown submarket of Los Angeles. Four spacious units with hardwood flooring, formal dining rooms and historic charm. Each unit is separately metered for gas and electricity with individual garages in rear. Incredible location between Beverly Blvd. and 1st Street walkable to dining, retail and transit. Priced at 4.5% cap rate, perfect for investors or an owner-occupant.
$1,300,000
201 Mariposa Avenue Los Angeles, CA 90004
- Type:
- Duplex
- Sq.Ft.:
- 2,810
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- PW24246076
ADDITIONAL INFORMATION
***Great Potential with R3 Lot Featuring Two Houses!*** Located at the corner of Mariposa Ave and Council St. in the highly sought-after Korea Town area, this R3-zoned property boasts two houses with great potential. Each home features its own unique address, driveway, garage, and laundry facilities. 201 Mariposa Ave has 3 bedrooms, 1.5 bathrooms and 4109 Council St has 2 bedrooms, 1 bathroom. This is an excellent opportunity for developers or investors, as the R3 zoning opens the door to potential apartment unit projects. The property’s prime location, just one block south of Beverly Blvd, offers convenient access to local businesses and public transportation, making it an ideal rental spot. The property also benefits from good current and potential future rental income, with all utility meters individually set for both homes.
$2,650,000
212 Catalina Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 14,514
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.21 Acres
- Year built:
- 1925
- Baths:
- 18.00
- MLS#:
- 24468683
ADDITIONAL INFORMATION
212 South Catalina Street is an 18-unit apartment building located in the highly desirable neighborhood of Koreatown. The property is a 3-storied apartment complex built in 1925 with a two-tone colored facade and boasts three (3) studio units and fifteen (15) one bedroom units. The units are separately metered for electric and the landlord pays for the water and the gas. The units are spread across 14,514 rentable square feet which means each unit measures approximately over 700 square feet. The property is being offered for sale for the first time in close to 50 years and there is approximately 43% rental upside that can be achieved as units turnover.
$2,650,000
Catalina St Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 14,514
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.21 Acres
- Year built:
- 1925
- Baths:
- 18.00
- MLS#:
- 24-468683
ADDITIONAL INFORMATION
212 South Catalina Street is an 18-unit apartment building located in the highly desirable neighborhood of Koreatown. The property is a 3-storied apartment complex built in 1925 with a two-tone colored facade and boasts three (3) studio units and fifteen (15) one bedroom units. The units are separately metered for electric and the landlord pays for the water and the gas. The units are spread across 14,514 rentable square feet which means each unit measures approximately over 700 square feet. The property is being offered for sale for the first time in close to 50 years and there is approximately 43% rental upside that can be achieved as units turnover.
$1,795,000
128 Edgemont Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.13 Acres
- Year built:
- 1926
- Baths:
- 4.00
- MLS#:
- 224004784
ADDITIONAL INFORMATION
Huge Price Improvement will NOT LAST Hurry! Spacious Duplex in the heart of Korea Town! The units have been freshly remodeled and in move in condition. Each unit is a 3 bedroom 2 bath (1,900 SF approximately) that have been tastefully updated. At this property the pictures do all the talking. Gated, onsite parking for up to 6 cars. UNITS ARE VACANT AND READY TO GO! Bring your strong buyers with proof of funds and ability to close.
$5,900,000
644 Normandie Avenue Los Angeles, CA 90004
- Type:
- Apartment
- Sq.Ft.:
- 11,356
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 2019
- Baths:
- MLS#:
- NP24238918
ADDITIONAL INFORMATION
The Normandie Townhomes is a luxury, 13 Unit Community, located in the highly desirable East Hollywood submarket of Los Angeles. Positioned between Melrose Avenue and Beverly Boulevard near the Melrose Hill Neighborhood, the property is located just a half a mile south of the LA City College (LACC) and 1.4 miles north of Koreatown. Strong demographics surrounding the property have continued to provide high rental demand with a consistent tenant pool. Built in 2019, each townhome has modern interior finishes with custom Italian style kitchens, quartz countertops, stainless steel appliances, in-unit washer & dryers, deep soaking tubs, central air and heat with Nest Thermostats, secure access gates, and private balconies. The Normandie Townhomes is a pride of ownership, turnkey opportunity, and an excellent long-term investment or 1031 Exchange replacement property.
$1,720,000
543 Hoover Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 4,736
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.17 Acres
- Year built:
- 1958
- Baths:
- 8.00
- MLS#:
- 24460735
ADDITIONAL INFORMATION
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.
$1,730,000
532 Berendo Street Los Angeles, CA 90004
- Type:
- Fourplex
- Sq.Ft.:
- 3,428
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- SR24220787
ADDITIONAL INFORMATION
LOOK NO FURTHER, TWO UNITS ARE DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,2240 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units and still have an annual income of $133,224 per year. 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 are used as Airbnb currently and bringing in about $3500 + $3500 each per month. This is the best deal in town and any reasonable offer will be considered, so submit your offer today!
$2,785,000
4651 Council Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 7,444
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.17 Acres
- Year built:
- 1958
- Baths:
- 10.00
- MLS#:
- 24454031
ADDITIONAL INFORMATION
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.
$2,675,000
254 Normandie Avenue Los Angeles, CA 90004
- Type:
- Apartment
- Sq.Ft.:
- 7,260
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- OC24214288
ADDITIONAL INFORMATION
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 a 40% increase in the Net Operating Income which equates to a 7.33% capitalization rate at market rents. Parking consists of 3 garages, 4 tuck-under spaces, and 4 carport spaces, totaling 11 parking spaces. Master metered for utilities; ownership has instituted a RUBS program to stabilize expenses.
$1,650,000
4214 Rosewood Avenue Los Angeles, CA 90004
- Type:
- Triplex
- Sq.Ft.:
- 2
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- DW24211651
ADDITIONAL INFORMATION
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.
$1,179,000
220 Edgemont Street Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 3,056
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.12 Acres
- Year built:
- 1925
- Baths:
- 2.00
- MLS#:
- 24448191
ADDITIONAL INFORMATION
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.
- Type:
- Cluster
- Sq.Ft.:
- 1,722
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 24449743
ADDITIONAL INFORMATION
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.***
$1,250,000
Commonwealth Ave Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 1,722
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 24-449743
ADDITIONAL INFORMATION
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.***
$5,195,000
204 Manhattan Place Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 12,628
- Status:
- Active
- Beds:
- 25
- Lot size:
- 0.33 Acres
- Year built:
- 1961
- Baths:
- 23.00
- MLS#:
- 24448961
ADDITIONAL INFORMATION
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.
Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Los Angeles Real Estate
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.
Los Angeles Weather
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.