Los Angeles CA Multi Family for Sale

ADDITIONAL INFORMATION

Welcome to 1711 Burlington Ave, a classic Craftsman-style building situated at the vibrant edge of Koreatown. This 8-unit property offers a rare value-add opportunity with immediate cash flow potential, making it an excellent investment for savvy buyers. With many units already updated, there's still room for improvement and enhancement, allowing the new owner to increase rental income further. Nestled at the intersection of Koreatown, residents will enjoy convenient access to an eclectic mix of dining, shopping, and entertainment options, along with excellent public transit connections. The property sits on a generous 7,823 sq ft lot, presenting an exciting opportunity to capitalize on SB 1211. The new owner could potentially build up to 8 additional ADUs (Accessory Dwelling Units), maximizing both rental income and property value. With existing tenants in place and strong rental demand in the area, this building promises cash flow from day one, ensuring a solid return on your investment. The building's classic Craftsman architecture features create a warm atmosphere that tenants will love. DRIVE BY ONLY, DO NOT DISTURB TENANTS

ADDITIONAL INFORMATION

Welcome to 1711 Burlington Ave, a classic Craftsman-style building situated at the vibrant edge of Koreatown. This 8-unit property offers a rare value-add opportunity with immediate cash flow potential, making it an excellent investment for savvy buyers. With many units already updated, there's still room for improvement and enhancement, allowing the new owner to increase rental income further. Nestled at the intersection of Koreatown, residents will enjoy convenient access to an eclectic mix of dining, shopping, and entertainment options, along with excellent public transit connections. The property sits on a generous 7,823 sq ft lot, presenting an exciting opportunity to capitalize on SB 1211. The new owner could potentially build up to 8 additional ADUs (Accessory Dwelling Units), maximizing both rental income and property value. With existing tenants in place and strong rental demand in the area, this building promises cash flow from day one, ensuring a solid return on your investment. The building's classic Craftsman architecture features create a warm atmosphere that tenants will love. DRIVE BY ONLY, DO NOT DISTURB TENANTS

ADDITIONAL INFORMATION

Located in the heart of Los Angeles this well maintained gated fourplex sits on a whopping 7,050sqft lot- offering an abundance of opportunity. Situated on a corner lot and total living space of 4,312sqft- Live in one unit and take advantage of the steady income from other units or choose to rent out all four! The choice is yours and endless! Strategic ideal layout includes two 2-bedroom units and two 1-bedroom units. Each unit includes its own dining room, designated garage parking spot and in unit washer and dryer hookups. Each occupant enjoys their own privacy and convenience. Enjoy the spacious backyard; perfect for enjoying summer evenings and gatherings. Have a sense of community and feeling of "home"! LOCATION. LOCATION, LOCATION. WALKABILITY AND DESIRABILITY. Conveniently located near the 10 Freeway, Normandie Recreation Center, public transportation, and a variety of restaurants and schools, this property is ideally situated. Central location to major attractions like Grammy Museum LA Live, the USC campus, Beverly Center Mall, Koreatown, and minutes from Downtown Los Angeles. Whether you're a first time home buyer, seasoned buyer, or investor this property unlocks potential and and opportunity! Don't hesitate to call and see what options are in store for you!

ADDITIONAL INFORMATION

Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with significant upside and value-add opportunities. Situated in the prime Koreatown area, residents will enjoy a vibrant neighborhood filled with trendy restaurants, nightlife, and easy access to public transportation.

ADDITIONAL INFORMATION

PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. The proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. Every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. The rendering may not entirely represent the finalized plans.

ADDITIONAL INFORMATION

OFFER IS SUBJECT TO INTERIOR INSPECTION. DO NOT DISTURB OCCUPANTS.

ADDITIONAL INFORMATION

Excellent opportunity to own this 5 units investment property (4 units & 1 detached SFR) situated in a corner lot, fully rented units, front building consist of 4- 1 bedroom and 1 bath and the rear building is a stand along 3 bedrooms and 1 bathroom. Closed proximity to USC campus, Exposition Park, California Science Center, the BMO stadium, LA memorial Coliseum, a few minutes from downtown Los Angeles, sports arenas, restaurants, shops, minutes to hot local spots, too many to mention. This property is a great opportunity to add to your portfolio, perfect for developers looking to renovate and or rebuild.

ADDITIONAL INFORMATION

This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 1 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $3600.00 income. Owner recently completed retrofitting, new paint for the building and newly paved parking spaces. Low maintenance building and easy to maintain. The current rents are low but has great potential for increase in rental income. This apartment complex is conveniently located in the heart of K-Town and mid-Wilshire area, short distance to DTLA, Hollywood, shopping center, market, restaurants and many well-known eateries in K-Town. Walking distances to public transportation and easy access to 10 & 101 FWY. This is a great opportunity for investors as property being R-4 Tier-4 with over 8700 sq. ft. lot.

ADDITIONAL INFORMATION

Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.

ADDITIONAL INFORMATION

Significant price adjustment! All units occupied and generating stable income. Investment opportunity in Harvard Heights HPOZ (Historic Preservation Overlay Zone) neighborhood. Multi-family building with 4 large units (approximately 1,000 sf each) with potential upside in rent. Two units are 3 bedroom and 2 bathroom. Two units are 2 bedroom and 1 bathroom, and could be remodeled consistent with the other units. All units have their own washer and dryer. Garage parking plus plenty of parking spaces behind the main building. Large lot and garage provides space for conversion or construction of an ADU. Convenient commute to Koreatown, downtown LA, shopping and restaurants.

ADDITIONAL INFORMATION

Significant price adjustment! All units occupied and generating stable income. Investment opportunity in Harvard Heights HPOZ (Historic Preservation Overlay Zone) neighborhood. Multi-family building with 4 large units (approximately 1,000 sf each) with potential upside in rent. Two units are 3 bedroom and 2 bathroom. Two units are 2 bedroom and 1 bathroom, and could be remodeled consistent with the other units. All units have their own washer and dryer. Garage parking plus plenty of parking spaces behind the main building. Large lot and garage provides space for conversion or construction of an ADU. Convenient commute to Koreatown, downtown LA, shopping and restaurants.

ADDITIONAL INFORMATION

Great income generating units! Total of 4 units, 3 units have 2 bedrooms and 1 unit has 1 bedroom. Great Location! less than 2 miles from the university of souther California USC. In Pico union/ Korea Town. Few minutes from downtown Los Angeles, LA Live, Crypto Arena, USC Coliseum and Bank of California Stadium. Units have been completely remodeled with brand new flooring, New kitchen and quartz countertops.

ADDITIONAL INFORMATION

Location, location, location!!! R4 ZONE. Heart of Koreatown. Minutes away from markets, popular restaurants and freeway. All 2 bedrooms and 1 bathroom, easy to manage. 8 parking spaces at rear of the building and coin laundry units for extra income. ** Earthquake retrofit was completed in 2020**

ADDITIONAL INFORMATION

PRESENTING 2021 A MORDERN LUXURY 3-STORY 2 STANDALONE DUPLEX HOMES. NON-RENT CONTROLLED FOURPLEX IN KOREATOWN. THIS LUXURIOUS PROPERTY WILL ATTRACT TENANTS LOOKING FOR A CENTRAL LOCATION WITH UPGRADED FEATURES AND FINISHES THROUGHOUT WITH VIEWS OF THE HOLLYWOOD HILLS AND THE DTLA SKYLINE. UPSCALE URBAN LIVING WITH 3 BEDROOM WITH 3 FULL BATH AND POWDER ROOM. SEPARATE METERS FOR GAS,WATER,TRASH AND ELECTRIC TO ALL UNITS WITH LITTLE TO NO MAINTENANCE FOR THE OWNER. WALK SCORE OF 91. A MUST SEE OPPORTUNITY.

ADDITIONAL INFORMATION

The property consists of four units: two units in the front, each with 4 beds and 3 baths, and two units in the back, each with 3 beds and 3.5 baths. This brand new, highly upgraded 4-unit property is in turnkey condition, perfect for owner occupancy, investment, or 1031 exchange. It is located 1.2 miles from the LA Downtown Convention Center, 1.6 miles from USC, and just 0.6 miles from a variety of multinational food options and KFood, Kpop shopping within walking distance. Parking is available in the back, with each unit having 2 parking spots. Three units have garage parking, with two units having direct access to the garage. The property features laminated flooring, tile in the kitchen and bath, and the owner has paid off the solar, so you can enjoy lower costs in electricity. The units are painted with elegant custom colors and feature custom kitchens with granite countertops and modern cabinets. Each unit comes with an oven, refrigerator, window coverings, window screens, central AC, and heating.

ADDITIONAL INFORMATION

We're proud to present the sale of 2314 W Pico Blvd. A Prime Value-Add Opportunity at the heart of the Pico Union Neighborhood. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. The offering consists of 16-Units with a low price per SQFT ±$276 which offers a whopping Proforma CAP Rate of over ±8.52% and low Proforma GRM of ±8.46x (Buyer to verify)! Built in 1922, this building consists of 16 exceptional units totaling ±9,408 SF of square footage on a sizeable ±7,003 SF lot. The property is an easily maintained two-story building, with a efficient unit mix of (16) large studios averaging ±500 SQFT each. Each unit offers spacious and functional layout which includes large full kitchens & bathroom with a large closet space. The building has undergone major capital improvements in the recent years which include: full electrical upgrade (service and main panel - 2019), earthquake retrofitted (2019), and new mini split A/C system for each unit. 2-Units have been fully upgraded: Paint, Flooring, Appliances, Cabinets and Countertops. (Buyer to Verify) and 4-Units have been updated with Paint, Flooring and Appliances. (Buyer to Verify) Right off Pico Blvd & Magnolia Ave, located within 5-12 Minutes away from Koreatown, Downtown Los Angeles Financial District, University Park, MacArthur Park, Mid-City, Country Club Park, Silver Lake, Echo Park, East Hollywood, and Historic Filipino town. 2314 W Pico Blvd is in perfect adjacency to many of Los Angeles trendiest boutique restaurants, coffee shops and upscale bars, It’s location also provides easy access to many of the city’s largest & strongest employers and major retailers. Some of employers include University of Southern California, Fashion Institute of Design & Merchandise, Crypto Arena, Koreatown Plaza, Los Angeles Convention Center, Los Angeles Financial & Arts District, Netflix, Paramount Studios, Sunset Gower, LACMA, Los Angeles City College, and American Career College. All of this while providing easy access to the 101 & 110 Freeways

ADDITIONAL INFORMATION

4 units property and being used as 7 units. 3 units are being rent out per room. Property is conveniently located in moments from downtown LA, Westlake MacArthur Park Metro. 8 blocks from downtown LA.

ADDITIONAL INFORMATION

LOCATION....LOCATION Residential income property in a prime location of Los Angeles Perfect investment property close to everything!....great Investment located near to Korea-town between Venice Ave and Washington Blvd. Property to be sold in it's present "AS-IS" condition, perfect for investor who is looking for good income, front unit 2 bedrooms and 1 bathroom, 2 units 1 bedroom and 1 bathroom the 4 unit a single.. each unit has own gas meter, Electric meter. Don't miss this great opportunity

ADDITIONAL INFORMATION

***INVESTOR/DEVELOPER***This is the lowest priced property in the area for 6 units with lots of potential for a huge value add. Prime Opportunity in Koreatown, There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. this property boasts an excellent unit mix featuring (2) 2-bed/1-bath and (4) 1-bed/1-bath units. "this property is to be sold in as-is condition"

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.

ADDITIONAL INFORMATION

Reduced price!!! This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.

ADDITIONAL INFORMATION

Reduced price!!! This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.

ADDITIONAL INFORMATION

Beautiful multi family property for the savvy investor. Note that there is fire damage to the front house. Great opportunity for Investors. 2 units at the back 1B/1B on each floor. Remodeling incomplete. Buyer to verify permits and records with city, historical building zoning, city plans and other inspections. Probate sale. Sold as is.