Los Angeles CA Multi Family for Sale
$2,500,000
35th St Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 5,178
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.16 Acres
- Year built:
- 1906
- Baths:
- 9.00
- MLS#:
- 24-463429
ADDITIONAL INFORMATION
Coldwell Banker Realty is pleased to present the opportunity to acquire a 3 unit apartment building in Los Angeles adjacent USC, located within USC Patrol Zone.Built in 1906 and expanded 2010,the subject property offers a unit mix of 1 four-bedroom four-bathroom,1 five-bedroom three-bathroom, and1 six-bedroom two-bathroom.Gas and electricity (Solar Panel) are separately metered while water is mastered.Most of the interior units were upgraded in 2021, designed with co-living in mind.The building features stucco and wood- frame construction and provides seven parking spots for on-site tenants.This is an exceptional opportunity for student housing investment, where tenant leases typically align with the academic calendar of one of the nation's top private universities.
$2,500,000
1281 35th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 5,178
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.16 Acres
- Year built:
- 1906
- Baths:
- 9.00
- MLS#:
- 24463429
ADDITIONAL INFORMATION
Coldwell Banker Realty is pleased to present the opportunity to acquire a 3 unit apartment building in Los Angeles adjacent USC, located within USC Patrol Zone.Built in 1906 and expanded 2010,the subject property offers a unit mix of 1 four-bedroom four-bathroom,1 five-bedroom three-bathroom, and1 six-bedroom two-bathroom.Gas and electricity (Solar Panel) are separately metered while water is mastered.Most of the interior units were upgraded in 2021, designed with co-living in mind.The building features stucco and wood- frame construction and provides seven parking spots for on-site tenants.This is an exceptional opportunity for student housing investment, where tenant leases typically align with the academic calendar of one of the nation's top private universities.
$1,149,000
1677 24th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 2,529
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1906
- Baths:
- 3.00
- MLS#:
- 24463003
ADDITIONAL INFORMATION
Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including built-in cabinetry, hardwood floors, and large windows that allow natural light to pour in. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA units are currently occupied by responsible tenants who consistently pay rent on time, offering a steady cash flow. These tenants take great care of the property, ensuring low turnover and minimal maintenance. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. Huge backyard that can easily accommodate up to six parking spaces, a rare find in this neighborhood. The expansive outdoor space offers endless possibilities for future development. Prime Location: Just minutes from UCS, making it an ideal location for students or faculty. Koreatown is a vibrant cultural hub filled with dining, shopping, and entertainment. A short drive to Downtown LA, offering easy access to the city's business, arts, and entertainment districts. Close to major highways and public transportation, ensuring convenience for tenants and owner-occupants alike. This triplex offers more than just a comfortable living space it's a sound investment opportunity in one of LA's most rapidly appreciating areas. With steady, reliable tenants and the ability to generate additional income from the vacant unit, this property is poised for long-term growth. Don't miss out on this rare opportunity to own a beautifully crafted income property in a prime location with unbeatable potential. Whether you're an investor or looking for a home with income-generating capabilities, this triplex is a must-see!
$1,149,000
24th St Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 2,529
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1906
- Baths:
- 3.00
- MLS#:
- 24-463003
ADDITIONAL INFORMATION
Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including built-in cabinetry, hardwood floors, and large windows that allow natural light to pour in. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA units are currently occupied by responsible tenants who consistently pay rent on time, offering a steady cash flow. These tenants take great care of the property, ensuring low turnover and minimal maintenance. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. Huge backyard that can easily accommodate up to six parking spaces, a rare find in this neighborhood. The expansive outdoor space offers endless possibilities for future development. Prime Location: Just minutes from UCS, making it an ideal location for students or faculty. Koreatown is a vibrant cultural hub filled with dining, shopping, and entertainment. A short drive to Downtown LA, offering easy access to the city's business, arts, and entertainment districts. Close to major highways and public transportation, ensuring convenience for tenants and owner-occupants alike. This triplex offers more than just a comfortable living space it's a sound investment opportunity in one of LA's most rapidly appreciating areas. With steady, reliable tenants and the ability to generate additional income from the vacant unit, this property is poised for long-term growth. Don't miss out on this rare opportunity to own a beautifully crafted income property in a prime location with unbeatable potential. Whether you're an investor or looking for a home with income-generating capabilities, this triplex is a must-see!
- Type:
- Triplex
- Sq.Ft.:
- 1,872
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- BB24228350
ADDITIONAL INFORMATION
Exceptional Investment Opportunity in the Heart of USC! This gated property features three beautifully remodeled units, each offering two spacious bedrooms, one baths, in-unit laundry hookups, AC/Heat mini splits, a modern kitchen, new windows, flooring, and fresh paint throughout. With bright, open layouts and plenty of natural light, each unit feels inviting and well-designed. The property also provides three on-site parking spaces for added convenience. Whether you choose to occupy one unit or rent all three, this property presents an outstanding investment opportunity. The property is steps from Expo light rail line, 4 minutes from USC, Exposition Park, home of the world-famous LA Coliseum, California Science Center, BMO Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics. Ten minutes to DTLA and Crypto Center as well as a 20-minute drive to SoFi Stadium.
$20,000,000
2623 Ellendale Place Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 17,099
- Status:
- Active
- Beds:
- 28
- Lot size:
- 0.49 Acres
- Year built:
- 1931
- Baths:
- 28.00
- MLS#:
- 24458303
ADDITIONAL INFORMATION
Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.
$7,895,000
2343 Scarff Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 21,770
- Status:
- Active
- Beds:
- 34
- Lot size:
- 0.2 Acres
- Year built:
- 1910
- Baths:
- 32.00
- MLS#:
- 24457811
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.
$2,200,000
3023 Budlong Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 4,680
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.15 Acres
- Year built:
- 1913
- Baths:
- 11.00
- MLS#:
- 24456327
ADDITIONAL INFORMATION
USC Student housing investment opportunity! 6.6% CAP rate and 10.6 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only.
$1,950,000
1955 Bonsallo Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 2,845
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.14 Acres
- Year built:
- 1887
- Baths:
- 9.00
- MLS#:
- 24455907
ADDITIONAL INFORMATION
Don't miss this incredible opportunity to own a high-income property near the University of Southern California. With a cap rate of over 6%, this property is perfect for investors looking for strong rental income or an ideal owner-occupied option. All units are currently vacant, giving you full control over tenants and the opportunity to set rental rates to current market value. The property is just steps away from USC's campus, a variety of restaurants, shops, and vibrant Downtown LA, ensuring high demand from students, faculty, and professionals alike. One of the units is newly constructed, offering modern amenities and a fresh design, making it even more attractive for tenants. The property is located on DPS Patrol Zone.
$2,300,000
Normandie Ave Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 7,227
- Status:
- Active
- Beds:
- 13
- Lot size:
- 0.26 Acres
- Year built:
- 1924
- Baths:
- 13.00
- MLS#:
- 24-463391
ADDITIONAL INFORMATION
We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.
$2,300,000
3415 Normandie Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 7,227
- Status:
- Active
- Beds:
- 13
- Lot size:
- 0.26 Acres
- Year built:
- 1924
- Baths:
- 13.00
- MLS#:
- 24463391
ADDITIONAL INFORMATION
We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.
$1,479,000
2121 Portland Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 3,018
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1901
- Baths:
- 4.00
- MLS#:
- 24454451
ADDITIONAL INFORMATION
A duplex near USC, Downtown, and Koreatown. Great for rental income property. A garage for possible ADU. There is enough parking space on the back and street. As-is status. It will be delivered vacant.
$1,985,000
1220 25th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.14 Acres
- Year built:
- 1909
- Baths:
- 9.00
- MLS#:
- 24454613
ADDITIONAL INFORMATION
This vacant triplex presents an excellent income opportunity. Ideally located near USC and Downtown Los Angeles, it's close to shops, restaurants, and easy freeway access, making it a desirable choice for renters. The property consists of two parts: the main house features two separate units, with the first unit accessible from the front entrance and the second unit from the back entrance, providing privacy for tenants. The third unit on the back is a brand-new construction, offering modern living spaces perfect for today's rental market. With its prime location and thoughtful design, a great find for investors looking for immediate cash flow and long-term value growth. Property located in the DPS Patrol Zone. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
$3,695,000
716 W 30th Street Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1907
- Baths:
- MLS#:
- CL24454007
View additional info
Courtesy: Coldwell Banker Realty
ADDITIONAL INFORMATION
Welcome to 716-718 West 30th Street, a newly remodeled, six-unit apartment building 2 blocks north of campus, ideally situated just steps from USC in the heart of Los Angeles. Historically 100% rented, including throughout COVID. This prime student housing property spans 5,615 sq. ft. of rentable space, divided between four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit has been thoughtfully designed for modern living, offering both comfort and convenience. Its proximity to USC ensures easy access for students while also presenting an attractive investment opportunity. Each apartment features high ceilings, private single rooms, most comfortably accommodating queen or full-size beds and desks, along with walk-in closets for ample storage. Every unit is equipped with individual heating and A/C systems for year-round comfort. The spacious bathrooms provide ample storage for essentials, while the large kitchens boast new appliances, generous counter space, large pantries and a central island perfect for meal prep or social gatherings. Expansive living rooms offer space for large sofas, entertainment setups, and more, ensuring a welcoming and comfortable environment. Remodeled with a modern aesthetic, these units feature
$1,795,000
1327 35th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 4,100
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.16 Acres
- Year built:
- 1913
- Baths:
- 8.00
- MLS#:
- 24452686
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire two (2) single-family residences, consisting of 12 bedrooms which can fit up to 19 beds. It is located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC).The two restored Craftsman homes were completely updated & remodeled in 2015 - featuring polished hardwood floors, stainless steel kitchen appliances, granite counter tops, and in-unit washer & dryers. Both properties have updated copper plumbing, electrical systems, roofs, and central HVAC.The structures were built in 1913, constructed of wood frame and stucco on a raised foundation, with a total square footage of 4,100 SF, on a 6,905 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliancewith the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of one (1) 8-bedroom + 6-bathroom SFR, and one (1) 4-bedroom + 2-bathroom SFR. The bedrooms are spacious and furnished with beds, armoires, desks, mini-fridges, and individual thermostat controls. Combined with parental guarantees on some leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students and young working professionals, and fully leased for the 2024 - 2025 year, with a gross income of $13,600/month. There's approximately 20% potential upside in rents, which an investor can achieve closer to about $17,400/month. The expansive lot size allows an investor to add even more value to the property by constructing a 3-bedroom + 3-bathroom ADU to further increase cash-flow (buyer to verify). Currently priced at a 6.75% Cap Rate excellent cash-flow investment opportunity.
$4,199,000
1237 25th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 6,500
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.13 Acres
- Year built:
- 1919
- Baths:
- 16.00
- MLS#:
- 24451439
ADDITIONAL INFORMATION
We are pleased to present an exceptional investment opportunity: a newly constructed, fully furnished four-unit student housing property with a remarkable 6.69% cap rate. This property features a total of nineteen bedrooms and sixteen bathrooms, situated in the sought-after DPS Patrol Zone and just a short walk from the University of Southern California (USC). Spanning approximately 6,500 rentable square feet across two distinct structures, the front structure was completely rebuilt in 2023, and features brand new flooring, plumbing, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. Additionally, the front duplex's scope of work included a complete to-the-studs reconstruction, with brand new framing, foundation and roofing, essentially delivering a brand-new low maintenance structure to any prospective buyer. The back duplex was recently constructed and completed in 2023 and features the same high-end finishes as the front unit. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash. (Monthly management fee of $2,007.25 is not included in the cap rate as potential buyers can self-manage at the expiration of leases.)
$1,095,000
1332 20th Street Los Angeles, CA 90007
Open House:
Sunday, 11/17 1:00-3:00PM
- Type:
- Duplex
- Sq.Ft.:
- 2,240
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- GD24222890
ADDITIONAL INFORMATION
Delivered Vacant! Introducing an exceptional investment opportunity at 1332 and 1334 20th Street in the heart of Los Angeles, within walking distance to USC Village and USC. This prime property features two adjacent, spacious units, each offering an impressive 1,120SqFt of beautifully designed living space with 3 generously sized bedrooms and 2 modern bathrooms, perfect for families or discerning renters. Flooded with natural light, these contemporary units boast stylish finishes and inviting layouts that create a warm, welcoming atmosphere. With ample outdoor areas ideal for entertaining or enjoying California’s glorious weather, this property provides immediate occupancy or lucrative rental potential. Moreover, the exciting prospect of building an Accessory Dwelling Unit (ADU) enhances its value, making it an attractive option for savvy investors and developers. Situated close to trendy shops, renowned dining, and cultural attractions, this property offers unparalleled access to the vibrant Los Angeles lifestyle, ensuring strong rental demand. Don’t miss this unique chance to capitalize on an outstanding opportunity—schedule your private tour today and envision the incredible possibilities at 1332 and 1334 20th Street!
$3,400,000
1294 29th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 5,300
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.16 Acres
- Year built:
- 1898
- Baths:
- 9.00
- MLS#:
- 24446565
ADDITIONAL INFORMATION
USC STUDENT HOUSING IN HISTORIC UNIVERSITY PARK DISTRICT! This triplex is comprised of a 6 bedroom 3 bathroom front house (6+3) (currently vacant) and two apartment units comprised of 6 bedrooms and 3 bathrooms (6+3) on the 1st floor, and another 6 bedrooms 3 bathroom (6+3) on the second floor. The property features walk in closets, laundry room, and landscaped yard. The building square footage is 5,126 +/- and sits on a 6,770 Sf +/- lot. The property is zoned LARD2. The main house was built in 1898, and the back two apartments were added in 2001 and not subject to LARSO. There are many restaurants, shops, public transportation options, and the USC Village is conveniently located in walking distance to the property. This is a great opportunity to invest in one of USC's prime student housing areas!!!
- Type:
- Triplex
- Sq.Ft.:
- 1,664
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- DW24201413
ADDITIONAL INFORMATION
USC AREA TRIPLEX!!!! 3 Bedroom 1.5 Baths House (Can be vacant at close of escrow) & Duplex with 2 Studio units above 3 garages that can be 2 ADU's, 10-minute walk to USC campus, Property has been the pride of ownership for 27 years, Property is in great condition. It has a great location close to everything. ALL 3 UNITS CAN BE VACANT AT CLOSE OF ESCROW!!!!!
$2,995,000
2101 Bonsallo Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 8,718
- Status:
- Active
- Beds:
- 20
- Lot size:
- 0.2 Acres
- Year built:
- 1909
- Baths:
- 11.00
- MLS#:
- 24445495
ADDITIONAL INFORMATION
2101 Bonsallo Avenue is a 6-unit multifamily asset located near the University of Southern California. The property is located within the USC patrol zone which provides access to a strong student rental market. The building has a mix of 4 four-bedroom units, and 2 two-bedroom units spread across 8,718 rentable square feet. Four of the six units have been completely remodeled with brand new electrical, plumbing and mechanical systems. These units are also completely sub-metered for gas, electrical, and water (RUBS - billed to tenants) resulting in an extremely low utility expense which is rare in the Los Angele market. The four renovated units are fully leased by students for the 2024-2025 academic school year through the summer of 2025.
$1,490,000
1535 28th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 1,849
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1953
- Baths:
- 2.00
- MLS#:
- 24445503
ADDITIONAL INFORMATION
RTI RTI RTI development opportunity . it is development property with RTI / All permit. this can be perfect for student housing. it is DPS patrol Zone and near USC. permit is in document. This property will be vacant so do not interrupt tenant.
$1,399,999
2917 Kenwood Avenue Los Angeles, CA 90007
- Type:
- Duplex
- Sq.Ft.:
- 2,366
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- SR24197393
ADDITIONAL INFORMATION
Attention investors or families looking for a Real Estate opportunity! 2917 and 2919 Kenwood Ave are ready to be purchased. This duplex is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a duplex rental. The lot can possibly be converted into a Student Housing Development area (buyer to verify). The duplex can be sold together with 2921 Kenwood Ave, Los Angeles, CA 90007.
$2,175,000
2639 Budlong Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 4,400
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.19 Acres
- Year built:
- 1905
- Baths:
- 9.00
- MLS#:
- 24443361
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this 14-bedroom investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property and all fourteen (14) bedrooms were completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout. The two-story structures, consisting of two separate single-family residences, were constructed of wood frame and stucco on a raised foundation. The front house was built in 1905 and the rear house was recently constructed in 2021, with a total square footage of 4,400 SF (not including a large attic loft of about 550 SF), on an 8,100 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable mix, consisting of one (1) vacant 9-bedroom + 5-bathroom SFR (approximately 3,200 SF), and one (1) 5-bedroom + 4-bathroom SFR (approximately 1,200 SF). The front house comes with approved plans + permits, which would allow investors to legally renovate/ add additional bedrooms + bathrooms to add even more value to the property. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The rear 5-bedroom + 4-bathroom SFR is 100% occupied, and fully leased for the 2024-2025 year. The investment is priced at an 8.5% cap rate - excellent cashflow opportunity.
$2,125,000
2917 Walton Avenue Los Angeles, CA 90007
- Type:
- Apartment
- Sq.Ft.:
- 4,584
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- CV24195870
ADDITIONAL INFORMATION
NEW PRICE! 5.97% Current CAP Rate! 12.5 GRM! This prime multi-family investment property, fully occupied by USC students, offers a stable investment opportunity located in the USC patrol zone. The property features 19 beds across 15 bedrooms, consisting of (1) 3-bedroom/2-bath detached single-family residence with a private patio and four (4) 3-bedroom/2-bath units. Two of the units will be delivered vacant at the close of escrow. The current cap rate is 5.94% with a valuation of $111,842 per bedroom, highlighting the strong cash flow generated from the property. Tenant amenities include a gated entry for added privacy, on-site parking with a total of 8 off-street spaces, and a communal laundry room. This property is ideally suited for investors looking to capitalize on the constant demand from USC students, offering a turn-key solution in a highly sought-after area, with significant rental income and growth potential.
$1,695,000
3005 Normandie Avenue Los Angeles, CA 90007
- Type:
- Apartment
- Sq.Ft.:
- 4,837
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- SB24190961
ADDITIONAL INFORMATION
3005 Normandie Avenue is a prime investment opportunity located near the prestigious USC campus. This revamped investment offers a front-row seat to the 2028 Olympics, George Lucas Museum(opening 2025), while being close to the historic Coliseum, and vibrant BMO stadium, making it an unparalleled location for sports and culture enthusiasts alike. This 4,837 sq ft building sits on a 6,601 sq ft R3 lot, offering both space and potential. With six renovated units and a recently updated exterior, the property blends modern appeal with classic charm. The extensive remodeling of the 6 units includes new paint, kitchens, bathrooms, and resurfaced hardwood flooring. The upgrades to the exterior of the building include a newer roof (approximately 6.5 yrs. old), security camera installation, new paint, and drought tolerant landscaping. The subject property is easy to manage as tenants love the easy access of onsite laundry, employment, freeways, and public transit lines. According to the CRMLS, 3005 Normandie Ave boasts a 97 walk score being centrally located to parks and schools including Loren Miller Recreation Center and Vermont Avenue Elementary. In addition, tenants pay for their own gas and electricity. Don’t miss out on owning a valuable piece of Los Angeles real estate.
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 90007 has a population of 3,902,440. Los Angeles 90007 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 90007 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 90007 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.