Los Angeles CA Multi Family for Sale
$1,595,000
2625 San Marino Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 4,680
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.16 Acres
- Year built:
- 1916
- Baths:
- 4.00
- MLS#:
- 24465163
ADDITIONAL INFORMATION
We are pleased to present a four (4) unit apartment building located at 2625 San Marino Street in Los Angeles, California. The subject property is situated in a n ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard. Built in 1916, this property of a streamlined unit mix of four (4) two-bedroom / one-bathroom units. All four (4) units will be delivered vacant. The units are very spacious averaging over 1,150 square feet each and include washer and dryer hookups. Senate Bill 1211, which recently was signed by the governor, allows for the potential to double the unit count by converting the carports located in the bac k of the property into individual ADU unit(s). This asset also boasts easily maintained landscaping with lovely curb appeal. The surrounding area also features many other wonderful amenities including MacArthur Park, Coffee MCO, Langer's Delicatessen-Restaurant, The Bellwether, and Dynasty Typewriter. This property is also located only a few blocks from the Westlake/MacArthur Metro Line providing tenants immediate access to major employment hubs throughout Los Angeles. Situated in an ideal Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a completely vacant building with the potential to double the unit count.
$1,288,000
1324 S Westlake Avenue Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.2 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- CRGD24237114
View additional info
Courtesy: JohnHart Real Estate
ADDITIONAL INFORMATION
Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and pending one final review with LADBS, the property’s renovation plans include converting it to a 12-bedroom, 5-bathroom SFR. The scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and finish in every room. This historical Craftsman property in the heart of Pico-Union District currently stands as an 11-room rooming house with 5 bathrooms and offers substantial rental income potential. Located minutes from USC, Downtown LA, Crypto Arena, and Koreatown, it's perfectly positioned for student housing, short-term renters, or urban professionals. With flexible LARD1.5 zoning, permitted uses of the home include Boarding House, Hotel, Transient Lodgings, and Hostel. However, Investors have the unique advantage of maximizing income potential by also tapping into Los Angeles city programs to fund housing for the homeless in all 12 bedrooms, creating income while positively impacting the community, or develop the property as housing for USC students and other nearby colleges and trade schools. Income poten
- Type:
- Fourplex
- Sq.Ft.:
- 3,118
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- DW24233749
ADDITIONAL INFORMATION
Prime investment or development opportunity just minutes to Downtown Los Angeles! This 4 unit property features two separate buildings. The front building features 2 bedrooms/2 baths, the second unit is 1 bedroom/1 bath. The back building features a 3 bedroom/1 bath unit upstairs, and a 1 bedroom/1 bath unit downstairs. The property also includes attached two 2-car garages. Prime location and just minutes from Crypto Arena, L.A. Live, and convenient access to the 10 and 101 freeways, this property is zoned RD1.5. Don’t miss out on this opportunity to own a versatile and centrally located asset in a high-demand market!
$1,695,000
3013 11th Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 5,344
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.14 Acres
- Year built:
- 1924
- Baths:
- 9.00
- MLS#:
- 24462613
ADDITIONAL INFORMATION
See OM in Docs Section of this listing. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 3013 W 11th St., a nine (9) unit apartment property consisting of three separate buildings built in 1924. The property is located on the corner of 11th St and Harvard Blvd, one block south of Olympic Blvd., in a prime part of Koreatown. The unit mix consists of all 1bed+1bath units. The property contains two 4-plex buildings and a third building with one unit over three parking garages totaling 5,344 building square feet on a 5,907 square foot corner lot. UNIT DETAILS: All the units have well designed floor plans that provide an investor with the opportunity to complete their own renovation plan and significantly increase rents. Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. The largest unit is located above the three garages, making it a unique and private setting for a tenant and the two 4-plex buildings also make the property feel more private and unique than a typical single - structure apartment building. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash and the landlord pays for water. Parking is provided on site seven (7) spaces, including 3 garage spaces and 4 surface spaces. ADU OPPORTUNITIES (BUYER TO VERIFY) * The lef t and middle enclosed garage spaces in the middle building are not being used for parking. A new owner could explore the possibility of an ADU conversion * There is an approximately 350 square foot space in the back of the middle building behind the garages, that is currently being used as storage by the owner. This area can be easily accessed directly from Harvard Blvd. A new owner could also explore the possibility of an ADU conversion here as well. * There is a large surface parking area and open yard space that are together rectangular in shape and totaling approximately just under 800 square feet of land at the east end of the property on 11th St. A new owner could explore the possibility of freestanding ADUs here.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.14 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- CL24462143
View additional info
Courtesy: Robert Leveen
ADDITIONAL INFORMATION
Hobart Apartments, a Lender Owned investment opportunity located at 1103 S. Hobart Blvd, Los Angeles, CA. The offering is a four unit property located in the Koreatown district of Los Angeles. The property is comprised of three x two bedroom/one bath, and one x three bedroom/one and three-quarter bath apartments. Please note, the 3 bedroom unit's interior closets are in the hallway. The three bedroom apartment is ideal for an owner-user. The property was constructed in 1962 and is subject to the city of Los Angeles Rental Stabilization Ordinance. The 3,303 SF property is situated on a 6,214 corner parcel. The property is individually metered for gas and electricity. Additionally, the property has individual water heaters. Currently, there are three occupancies; with one occupant in eviction. Recent capital improvements include newer windows, and mini-split air conditioning systems. Please contact listing agents for more information
$1,695,000
11th St Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- 5,344
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.14 Acres
- Year built:
- 1924
- Baths:
- 9.00
- MLS#:
- 24-462613
ADDITIONAL INFORMATION
See OM in Docs Section of this listing. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 3013 W 11th St., a nine (9) unit apartment property consisting of three separate buildings built in 1924. The property is located on the corner of 11th St and Harvard Blvd, one block south of Olympic Blvd., in a prime part of Koreatown. The unit mix consists of all 1bed+1bath units. The property contains two 4-plex buildings and a third building with one unit over three parking garages totaling 5,344 building square feet on a 5,907 square foot corner lot. UNIT DETAILS: All the units have well designed floor plans that provide an investor with the opportunity to complete their own renovation plan and significantly increase rents. Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. The largest unit is located above the three garages, making it a unique and private setting for a tenant and the two 4-plex buildings also make the property feel more private and unique than a typical single - structure apartment building. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash and the landlord pays for water. Parking is provided on site seven (7) spaces, including 3 garage spaces and 4 surface spaces. ADU OPPORTUNITIES (BUYER TO VERIFY) * The lef t and middle enclosed garage spaces in the middle building are not being used for parking. A new owner could explore the possibility of an ADU conversion * There is an approximately 350 square foot space in the back of the middle building behind the garages, that is currently being used as storage by the owner. This area can be easily accessed directly from Harvard Blvd. A new owner could also explore the possibility of an ADU conversion here as well. * There is a large surface parking area and open yard space that are together rectangular in shape and totaling approximately just under 800 square feet of land at the east end of the property on 11th St. A new owner could explore the possibility of freestanding ADUs here.
- Type:
- Cluster
- Sq.Ft.:
- 5,589
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.13 Acres
- Year built:
- 1949
- Baths:
- 12.00
- MLS#:
- 24462529
ADDITIONAL INFORMATION
We are pleased to present 1216 S Bonnie Brae St, a12-unit multi-family investment opportunity on the edge of the Westlake, Pico-Union, and Koreatown neighborhoods of Los Angeles located just east of S Alvarado St between W 12th St & W Pico Blvd. The property features a unit mix of all one-bedrooms with five parking spaces; two units will be delivered vacant at the close of escrow. At the asking price, the property is being offered at a 7.22% CAP rate and 8.85 GRM on current income with an additional 14% in rental upside through interior renovations as units turnover. The property's location is highly desirable with a Walk Score of 93, indicative of the area's accessibility to various modes of public transportation, including Metro rail and bus lines. The neighborhood provides convenient access to local attractions such as MacArthur Park, Echo Park, Crypto.com Arena, and the Los Angeles Convention Center, making it an attractive option for urban living. Investors looking for a property with stable returns and potential for capital growth will find 1216 S Bonnie Brae St to be an outstanding opportunity. Its combination of location, quality, and upside potential makes it a compelling choice for those seeking to invest in the Los Angeles real estate market.
$1,555,000
1050 Berendo Street Los Angeles, CA 90006
- Type:
- Apartment
- Sq.Ft.:
- 2,784
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- SR24231113
ADDITIONAL INFORMATION
LOCATION LOCATION LOCATION!! GREAT INCOME PROPERTY FOR OWNER USE OR INVESTMENT. THIS MUST SEE 5 UNIT PROPERTY IS LOCATED IN THE HEART OF KOREATOWN,WELL MAINTAINED . HALF A BLOCK SOUTH OF OLYMPIC BLVD. WITHIN WALKING DISTANCE OF HANNAM CHAIN MARKET, BERENDO MIDDLE SCHOOL, RESTAURANTS AND PUBLIC TRANSPORTATION. 4 UNITS HAVE 1 BDRM & 1 BATH, REAR UNIT HAS 2 BDRM & 1 BATH. DO NOT WAIT TIL IT'S GONE!! CALL LISTING AGENT FOR DETAILS.
- Type:
- Triplex
- Sq.Ft.:
- 2,778
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- SR24228195
ADDITIONAL INFORMATION
Investors and Real Estate Developers here is an opportunity to expand your portfolio, Triplex for sale units are detached. Property is an a prime location just minutes from to Down Town Los Angeles, Convention Center and USC. Proximity to Freeways close to shopping centers and dining options. This property can offer cash flow and long term returns in rental income. Property is located on LARD1.5 zoning may be able to build more units. DRIVE BY ONLY DO NOT DISTURB TENANTS
$1,399,000
1136 Arapahoe Street Los Angeles, CA 90006
- Type:
- Apartment
- Sq.Ft.:
- 5,040
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- SR24219152
ADDITIONAL INFORMATION
Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 4-1 bed 1 bath units, and 4-Studios. ALL with in-unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3 stories. Whether you're an astute investor seeking to capitalize on the burgeoning rental market, a developer with a vision for transformation, or an individual looking to secure a strategic foothold in a rapidly evolving neighborhood, 1136 Arapahoe presents an unparalleled opportunity to make your mark in the heart of Los Angeles. Don't miss out on this rare chance to own a piece of LA's urban landscape. Contact us today to schedule a viewing and explore the endless possibilities that await.
$1,325,000
2300 12th Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 4,032
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.14 Acres
- Year built:
- 1906
- Baths:
- 6.00
- MLS#:
- 24453971
ADDITIONAL INFORMATION
We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4,032 SF on a 6,272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The cap rate of 5.9% is based on current gross income ($114,300) and expenses with the new property tax amount at the asking price of $1,375,000.
$1,325,000
12th St Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- 4,032
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.14 Acres
- Year built:
- 1906
- Baths:
- 6.00
- MLS#:
- 24-453971
ADDITIONAL INFORMATION
We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4,032 SF on a 6,272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The cap rate of 5.9% is based on current gross income ($114,300) and expenses with the new property tax amount at the asking price of $1,375,000.
- Type:
- Fourplex
- Sq.Ft.:
- 2,567
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- DW24222310
ADDITIONAL INFORMATION
Exceptional opportunity! Property offers a total of 4 units with a mixture of two 2 bedroom 1 bath and two 1 bedroom 1 bath. This property is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for an investor or primary occupant seeking to capitalize on the city's bustling urban scene. With it's strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!
$2,550,000
2375 12th Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 12,306
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.32 Acres
- Year built:
- 1923
- Baths:
- 11.00
- MLS#:
- 24457491
ADDITIONAL INFORMATION
We are pleased to exclusively present 2375 W 12th Street, an 11-Unit multi-family apartment located in the Koreatown neighborhood of Los Angeles California, bordering Downtown. This value-add investment opportunity offers significant upside potential in a prime Southern California rental market. Constructed in 1923, the two-story building comprises a mix of spacious units, including one studio, six one-bedroom/one-bath units, and four two-bedroom/one-bath units, totaling 12,306 rentable square feet. The property sits on a prominent 13,999 square foot corner lot and includes key amenities such as an on-site laundry facility and parking garages. With current rents over 70% below market value, this property provides investors with a significant opportunity to increase rental income. The potential to achieve a Pro Forma CAP rate of over 8.5% makes this asset particularly attractive. Additional income growth may also be realized through the potential addition of accessory dwelling units (ADUs), subject to buyer verification and city approval. Strategically located just minutes from Downtown Los Angeles and the heart of Koreatown, the property enjoys proximity to major business districts, popular retail outlets, restaurants, and grocery stores. It also benefits from excellent connectivity, with quick access to the 110 and 10 freeways and several public transportation options within Koreatown. The property is further distinguished by its R4-01 zoning and designation within a Transit Priority Area, making it an ideal candidate for redevelopment. This presents an exciting opportunity for long-term investors looking to maximize returns in one of Los Angeles' most vibrant and high-demand areas.
- Type:
- Cluster
- Sq.Ft.:
- 3,388
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 24456627
ADDITIONAL INFORMATION
Exceptional Triplex Opportunity Near Downtown LA Perfect for Investors, Developers and First-Time Homebuyers! Welcome to a unique property just west of Downtown Los Angeles, ideal for owner-users and investors alike! This triplex offers the perfect blend of comfortable living and lucrative rental potential. Property Highlights:- **Spacious Living**: The property features two separate buildings totaling **3,388 square feet** of living space, situated on a generous **4,556 square foot lot**.- **Zoned for Development**: The property is zoned R2 and qualifies for **TOC Tier 1 benefits**, opening doors for potential future development and an attractive prospect for savvy investors.- **Stable Income**: With all tenants currently in place, this triplex has proven to be a stable investment; all tenants have consistently paid their rents throughout the pandemic. Prime Location:- Just **2 miles east of Downtown LA** and **2 miles north of USC**, this property offers an enviable location that is both accessible and vibrant.- **Centrally Located**: Convenient access to public transit, shopping, trendy dining, and excellent schools makes this an ideal locale for tenants, ensuring lower vacancy rates and high demand. Ideal for Investors This triplex is a great fit for anyone looking for a **stabilized asset** or a safe **1031-exchange replacement**. Its strong rental history and strategic location make it a wise investment move. Affordable Financing Options: We welcome FHA, VA, and first-time home buyer programs! Don't miss this opportunity to make a strategic investment or become a homeowner in one of LA's most dynamic neighborhoods. Seize the chance to own a piece of prime real estate near Downtown LA today! Whether you're an investor looking for a reliable income source or a first-time homebuyer looking to break into the real estate market, this triplex is waiting for you.
$1,295,000
1446 Burlington Avenue Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 4,164
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- 6.00
- MLS#:
- 24456663
ADDITIONAL INFORMATION
PRICE CORRECTION! 6 units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophistication at every turn. Don't miss out on this golden opportunity to make a lasting mark in the competitive real estate market - seize the moment and reap the rewards of this timeless investment!
$990,000
Normandie Ave Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- 3,388
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 24-456627
ADDITIONAL INFORMATION
Exceptional Triplex Opportunity Near Downtown LA Perfect for Investors, Developers and First-Time Homebuyers! Welcome to a unique property just west of Downtown Los Angeles, ideal for owner-users and investors alike! This triplex offers the perfect blend of comfortable living and lucrative rental potential. Property Highlights:- **Spacious Living**: The property features two separate buildings totaling **3,388 square feet** of living space, situated on a generous **4,556 square foot lot**.- **Zoned for Development**: The property is zoned R2 and qualifies for **TOC Tier 1 benefits**, opening doors for potential future development and an attractive prospect for savvy investors.- **Stable Income**: With all tenants currently in place, this triplex has proven to be a stable investment; all tenants have consistently paid their rents throughout the pandemic. Prime Location:- Just **2 miles east of Downtown LA** and **2 miles north of USC**, this property offers an enviable location that is both accessible and vibrant.- **Centrally Located**: Convenient access to public transit, shopping, trendy dining, and excellent schools makes this an ideal locale for tenants, ensuring lower vacancy rates and high demand. Ideal for Investors This triplex is a great fit for anyone looking for a **stabilized asset** or a safe **1031-exchange replacement**. Its strong rental history and strategic location make it a wise investment move. Affordable Financing Options: We welcome FHA, VA, and first-time home buyer programs! Don't miss this opportunity to make a strategic investment or become a homeowner in one of LA's most dynamic neighborhoods. Seize the chance to own a piece of prime real estate near Downtown LA today! Whether you're an investor looking for a reliable income source or a first-time homebuyer looking to break into the real estate market, this triplex is waiting for you.
$3,494,000
1125 Harvard Boulevard Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 7,882
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.14 Acres
- Year built:
- 2024
- Baths:
- 18.00
- MLS#:
- 24452105
ADDITIONAL INFORMATION
We are proud to present this FULLY STABILIZED CASH FLOWING new construction townhome complex at 1125 S Harvard Blvd, completed at the start of 2024 in the heart of vibrant Mid-City. The property is fully occupied under one master lease at the rate of $21,400/mo over a 2-year lease term with an option to extend the lease at a 3% increase each year. The tenant is a county-funded organization that provides "transitional housing, wrap around programs and supportive services that enable participants to free themselves by circumventing the barriers that typically prevent justice impacted and homeless individuals from securing self-sufficiency." The property comprises four 3-story townhome style units and one 2-story attached Accessory Dwelling Unit (ADU), offering a blend of luxury and contemporary living. The complex spans a generous 7,882 square feet with 6,828 square feet of living space featuring 18 bedrooms and 18 bathrooms across its five units, which include four 4-bedroom and one 2-bedroom layouts. Each unit is a showcase of luxury, outfitted with high-quality finishes, ensuite bathrooms, and large picture windows that bathe the interiors in natural light. The attention to detail is evident in every aspect, from the built-in closet shelving to the private balconies, ensuring that these homes are not only aesthetically pleasing but also highly functional and desirable. Situated in the bustling and ever-growing Mid-City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high-quality lifestyle but also about promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.
$1,150,000
1241 Kenmore Avenue Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 1,769
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.14 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 24452539
ADDITIONAL INFORMATION
TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.
$1,150,000
Kenmore Ave Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- 1,769
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.14 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 24-452539
ADDITIONAL INFORMATION
TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.
$1,799,000
2861 San Marino Street Los Angeles, CA 90006
- Type:
- Duplex
- Sq.Ft.:
- 4,640
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1909
- Baths:
- MLS#:
- PW24209419
ADDITIONAL INFORMATION
An absolutely perfect quadruplex property featuring 3 bedrooms and 1 bath in each unit, ideal for a long-term investment plan with a 5.93% cap rate. This is a great income property with minimal upkeep costs expected for years to come, making for easy management! One unit can be occupied by the owner or rented out for $3,000. Each units are spacious and come with a detached garage at the back. This opportunity won't last long! Request an Offering Memorandum for a detailed financial analysis. Call for more information.
- Type:
- Cluster
- Sq.Ft.:
- 8,080
- Status:
- Active
- Beds:
- 20
- Lot size:
- 0.17 Acres
- Year built:
- 2022
- Baths:
- 20.00
- MLS#:
- 24450567
ADDITIONAL INFORMATION
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
$1,800,000
3171 11th Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 2,088
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.17 Acres
- Year built:
- 1921
- Baths:
- 2.00
- MLS#:
- 24450909
ADDITIONAL INFORMATION
Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.
$3,295,000
Westmoreland Ave Los Angeles, CA 90006
- Type:
- Other
- Sq.Ft.:
- 8,080
- Status:
- Active
- Beds:
- 20
- Lot size:
- 0.17 Acres
- Year built:
- 2022
- Baths:
- 20.00
- MLS#:
- 24-450567
ADDITIONAL INFORMATION
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
$1,490,000
1344 Berendo Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 1,632
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.14 Acres
- Year built:
- 1906
- Baths:
- 2.00
- MLS#:
- 24450175
ADDITIONAL INFORMATION
There is a perfect income-generating retirement property near the Korean Town. All expenses and maintenance are the tenant's responsibility, and the costs the homeowner pays are property taxes and insurance. This house has been completely remodeled, and its great location is attracting the attention of investors.
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 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.
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.