Los Angeles CA Multi Family for Sale
$3,625,000
1372 35th Place Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 5,448
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.16 Acres
- Year built:
- 2022
- Baths:
- 13.00
- MLS#:
- 25477833
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,448 rentable square feet on a 6,800 square foot lot, consisting of (2) 3-bedroom + 3-bathroom units, (2) 4-bedroom + 3-bathroom units, and (1) 1-bedroom + 1-bathrom unit. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $25,348/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $27,000/month. The investment is priced at a current 6.45% Cap Rate & 12.6x GRM.
$3,925,000
1231 36th Place Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 5,524
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.15 Acres
- Year built:
- 2019
- Baths:
- 15.00
- MLS#:
- 25477811
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,524 rentable square feet on a 6,388 square foot lot, consisting of (5) 3-bedroom + 3-bathroom units. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $26,371/month. There's approximately 10% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.
$3,995,000
1259 36th Place Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 4,931
- Status:
- NEW LISTING
- Beds:
- 17
- Lot size:
- 0.17 Acres
- Year built:
- 2018
- Baths:
- 15.00
- MLS#:
- 25477767
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 17-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 4,931 rentable square feet on a 7,217 square foot lot, consisting of (3) 3-bedroom + 3-bathroom units, and (2) 4-bedroom + 3-bathroom units. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $27,038/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $29,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.
$3,625,000
35th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 5,448
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.16 Acres
- Year built:
- 2022
- Baths:
- 13.00
- MLS#:
- 25-477833
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,448 rentable square feet on a 6,800 square foot lot, consisting of (2) 3-bedroom + 3-bathroom units, (2) 4-bedroom + 3-bathroom units, and (1) 1-bedroom + 1-bathrom unit. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $25,348/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $27,000/month. The investment is priced at a current 6.45% Cap Rate & 12.6x GRM.
$3,925,000
36th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 5,524
- Status:
- NEW LISTING
- Beds:
- 15
- Lot size:
- 0.15 Acres
- Year built:
- 2019
- Baths:
- 15.00
- MLS#:
- 25-477811
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,524 rentable square feet on a 6,388 square foot lot, consisting of (5) 3-bedroom + 3-bathroom units. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $26,371/month. There's approximately 10% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.
$3,995,000
36th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 4,931
- Status:
- NEW LISTING
- Beds:
- 17
- Lot size:
- 0.17 Acres
- Year built:
- 2018
- Baths:
- 15.00
- MLS#:
- 25-477767
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 17-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, 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 units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 4,931 rentable square feet on a 7,217 square foot lot, consisting of (3) 3-bedroom + 3-bathroom units, and (2) 4-bedroom + 3-bathroom units. 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 investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $27,038/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $29,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.
$3,850,000
1256 Adams Boulevard Los Angeles, CA 90007
- Type:
- Triplex
- Sq.Ft.:
- 5,103
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- PW25003449
ADDITIONAL INFORMATION
We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students. The property consists of 3 units and 15 bedrooms - one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414. Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market. The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership. Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.
- Type:
- Cluster
- Sq.Ft.:
- 3,584
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.15 Acres
- Year built:
- 1952
- Baths:
- 6.00
- MLS#:
- 24474699
ADDITIONAL INFORMATION
This 6 unit apartment is a Short Sale and subject to LENDERS APPROVAL. The Property is sold "AS IS" in its present condition. Accepted offer is subject to viewing and inspection. All units are 1 bed and 1bath, and features a living room and kitchen. Close proximity to USC and Koreatown. Please drive by and do not disturb tenants. All income from the 6 units is currently $6230 per month. # 6 unit is $ 1100 per month. Buyer to verify all MLS info. Buyer/agents to do due diligence for accuracy of all property info. For more info, please text or email the listing agent.
$999,000
Normandie Ave Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 3,584
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.15 Acres
- Year built:
- 1952
- Baths:
- 6.00
- MLS#:
- 24-474699
ADDITIONAL INFORMATION
This 6 unit apartment is a Short Sale and subject to LENDERS APPROVAL. The Property is sold "AS IS" in its present condition. Accepted offer is subject to viewing and inspection. All units are 1 bed and 1bath, and features a living room and kitchen. Close proximity to USC and Koreatown. Please drive by and do not disturb tenants. All income from the 6 units is currently $6230 per month. # 6 unit is $ 1100 per month. Buyer to verify all MLS info. Buyer/agents to do due diligence for accuracy of all property info. For more info, please text or email the listing agent.
$1,050,000
1332 20th Street Los Angeles, CA 90007
- Type:
- Duplex
- Sq.Ft.:
- 2,240
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- GD24253747
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!
$2,200,000
1340 23rd Street Los Angeles, CA 90007
- Type:
- Fourplex
- Sq.Ft.:
- 5,814
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1909
- Baths:
- MLS#:
- DW24253588
ADDITIONAL INFORMATION
Great Investment Opportunity! In a great location! Perfect for a big family! This four unit residential is walking distance from USC, potential for USC students housing. It's within USC student Lift zone! It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. Easy access to 10 freeway and transportation. Minutes from Downtown Los Angeles Two story building with two units on each level. "Nice view of the downtown skyscrapers from upstairs units front porch" This is a rare opportunity to invest in a prime location! Legal description shows 2 bedrooms one bath, but each unit physically has 3bedrooms 1 1/4 baths. Very spacious units! Each unit has its own laundry room with washer and dryer hookups. All units have the same floor plan. ROOF IS LESS THAN A YEAR NEW! Same family ownership for past 55 yrs. Long driveway. Show them! They will sell fast!
$2,750,000
1189 36th Place Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 4,923
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.14 Acres
- Year built:
- 1960
- Baths:
- 8.00
- MLS#:
- 24473609
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this four (4) unit, 16-bedroom, value-add student housing apartment complex, located in the highly desirable DPS Patrol Zone, less than 1 block to the University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation built in 1960 with a square footage of 4,923 on a 5,981-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of (4) 4-bedroom + 2-bathroom units. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, five (5) on-site parking spaces, and individually metered for gas and electricity. Three of the four units will be delivered vacant upon the close of escrow an excellent value-add opportunity to remodel and update the units to achieve top market rents.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 expansive lot size allows an investor to add even more value to the property by constructing an ADU to further increase cash-flow (about $5,500/month), generating an even higher yield/ net income. (Buyer to verify)
$2,750,000
36th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 4,923
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.14 Acres
- Year built:
- 1960
- Baths:
- 8.00
- MLS#:
- 24-473609
ADDITIONAL INFORMATION
We are pleased to offer the opportunity to acquire this four (4) unit, 16-bedroom, value-add student housing apartment complex, located in the highly desirable DPS Patrol Zone, less than 1 block to the University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation built in 1960 with a square footage of 4,923 on a 5,981-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of (4) 4-bedroom + 2-bathroom units. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, five (5) on-site parking spaces, and individually metered for gas and electricity. Three of the four units will be delivered vacant upon the close of escrow an excellent value-add opportunity to remodel and update the units to achieve top market rents.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 expansive lot size allows an investor to add even more value to the property by constructing an ADU to further increase cash-flow (about $5,500/month), generating an even higher yield/ net income. (Buyer to verify)
$1,200,000
2820 Budlong Avenue Los Angeles, CA 90007
- Type:
- Duplex
- Sq.Ft.:
- 2,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- DW24247353
ADDITIONAL INFORMATION
This Duplex is going to be delivered Vacant!, Real Opportunity to own a Duplex in the heart of Los Angeles, close to USC Village and USC. This property features 2 Units, perfect for 2 Families or investors. The front house has 3 Bedrooms but currently used as a 6 Bedrooms 2 Baths. Second unit has 2 Bedrooms but currently used as a 3 Bedroom home. Two separate buildings with an alley, outdoor area, long driveway, 2 car garage (not in use) and immediate occupancy, makes this property an attractive opportunity for a large Family or investors.
$1,995,000
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
JUST REDUCED! 6.43% Current CAP Rate! 11.79 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 6.43% with a valuation of $133,000 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.
- Type:
- Cluster
- Sq.Ft.:
- 2,275
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.15 Acres
- Year built:
- 1931
- Baths:
- 7.00
- MLS#:
- 24465909
ADDITIONAL INFORMATION
3 of 4 units are vacant at the completely remodeled Bungalows on Exposition ready to get market student housing rates. Many buildings in the area get $1500/mo rent per bedroom making the total projected rents $10,900/mo. 3 of the units are en-suite 2 beds 2 baths with projected rents at $9,000/mo. One unit is 1 bed 1 bath with a projected rent of $1900/mo. The very large garage in the back is a 3 bedroom ADU potential. The building is 2 short blocks from USC, the Expo/Vermont Metro Station, and the all new Lucas Museum of Narrative Art at Exposition Park opening in 2025. The museum is on 11 acres with 100,000 SF of restaurants, retail, and two state-of-the-art theaters. Look it up! These are 3 exceptional points of attraction for an investor. The building is bungalow style completely remodel in 2019 with new kitchens, bathrooms, flooring, central air & heat, security systems, concrete, and more. Washer/Dryer inside each unit. Designed for USC students looking for a quiet smaller building where security & cleanliness is important. Plenty of parking. Many buildings in the area charge for parking spots. Front patio for hanging out or grilling. Environmentally conscious materials & low maintenance landscaping. There's a security gate in the front & the perimeter is fenced. The complex is well lighted for safety. Students typically have guarantors, stipends from student loans, and the rental agreements are for one full calendar year.
$2,500,000
1281 35th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 5,178
- Status:
- Active
- 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.
$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.
$1,149,000
1677 24th Street Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 2,529
- Status:
- Active
- 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! Motivated seller!
$1,149,000
24th St Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 2,529
- Status:
- Active
- 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! Motivated seller!
- 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.
$17,950,000
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.
- Type:
- Fourplex
- Sq.Ft.:
- 3,168
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- SB24136527
ADDITIONAL INFORMATION
Owner of the property wants to sell, please make a reasonable offer. This Curb appeal residential 4Units is located close to USC and 10Freeway. 3units are 2 beds/1 bath, and 1unit is 1 bed/1 bath. All units are fully occupied. Two story building with two units on each level. A spacious court area for the gathering or BBQ is rear building. Exterior stairs is recently redone. Since USC campus is few blocks away, potential for USC students housing. Convenient location for many dinning, retail stores, entertainment options. And also Staple center and downtown LA is just minutes away by car. Property is being sold in AS-IS condition. Please Do Not disturb occupants. Drive by Only. Property to be shown with accepted offer.
$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.
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.