Los Angeles CA Multi Family for Sale
$1,999,800
1053 Figueroa Terrace Los Angeles, CA 90012
- Type:
- Apartment
- Sq.Ft.:
- 7,658
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1992
- Baths:
- MLS#:
- WS24254754
ADDITIONAL INFORMATION
Presenting a rare opportunity to own this attractive 1992 custom-built 5-units, with a large and private townhouse style owner’s front unit with city views & a 2-car attached garage with direct access to the unit. Stable and below market income with plenty of upside potential and possibility to convert some space to ADU’s for additional income. Buyer to investigate feasibility, seller makes no guarantees and no warranties.Located close to iconic Chinatown, booming Echo Park and Silverlake areas of DTLA, and near several freeway access and rapid transit routes. Trendy and strong rental market. Major employers including USC, Dodgers Stadium, Good Samaritan Hospital, and the Los Angeles Fashion and Arts Districts, and many more. It is also near the Music Center, Disney Concert Hall, Broad Museum and other downtown attractions. This property offers an excellent opportunity for the discerning homeowner or investors to secure a true value-added asset in a highly coveted area. Surrounding neighborhood boasts large future development projects and many existing condominiums valued at $1 million or more. Comprising three stories with a total building size of 7,658 square feet per assessor, all units are spacious and the apartment complex boasts a desirable unit mix including the owner’s unit measured approx. 2,641sq ft. (with new paint and carpet throughout) with 3-bedroom, 3.5-bathroom with an office/den (could be a 4th bedroom), two walk-in closets, large recreation room, laundry room, and ample storage rooms. The remaining four units is an ideal mix of two spacious 3-bedroom, 2-bathroom units and two good-sized 2-bedroom, 1-bathroom units. Each unit has individual water heaters, and separate metering for gas and electricity. All 4 units are occupied by tenants on month-to-month leases. Rent comparable reports indicate a positive upside and added investment potential. Property is not under city rent control ordinance (RSO), but subject to State Rent Control & just caused ordinance (JCO). Buyer to investigate.Ample parking includes 3 covered spaces, 5 open parking spaces and owner unit 2 car attached garage. Residents benefit from an array of culinary delights, cultural experiences, and artistic exhibitions for all. Now is the time to seize this exceptional offering in one of Los Angeles' most dynamic and sought-after neighborhoods.
- Type:
- Triplex
- Sq.Ft.:
- 3,412
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1897
- Baths:
- MLS#:
- WS24231382
ADDITIONAL INFORMATION
Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths built in 1897. Newer roof. A long driveway on the right side leading to back building built in 1968 and it consists of 3 single garage spaces on ground level. 3 parking spaces in front of the 3 car garage. Second level has a 3 bedroom 2 bathrooms with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023. This unit has a view of the mountains at Elysian Park. Property is near LA Police Academy and Dodgers stadium. Two blocks from Los Angeles State Historic Park. Half of block away from I 110 freeway Solano Av. exit. Across the street and a few houses down from Solano Community Garden. A few minutes away from Chinatown and Olvera Street and from DTLA. Property borders Elysian Park. Subject to LA City RSO rules (LAHD). All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.
$1,600,000
943 Chung King Road Los Angeles, CA 90012
- Type:
- Mixed Use
- Sq.Ft.:
- 3,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- DW24218280
ADDITIONAL INFORMATION
Discover a truly unique two-unit property nestled on the historic Chung King Road in the vibrant heart of Chinatown. Unit 1, located on the lower floor, features a beautifully remodeled commercial/retail space spanning 1,200 square feet, perfect for a variety of retail ventures or creative office setups. This unit also boasts an additional 430 square feet of bonus mezzanine space and a functional 1,200-square-foot basement. Both units are equipped with mini-split units that provide cooling and heating. Unit 2 occupies the upper floor and offers a charming 2-bedroom, 1-bath live/work space, complete with hardwood floors throughout that add character to the environment. This unit has been thoughtfully remodeled and comes equipped with modern appliances, including a refrigerator, stove, and washer and dryer. Enjoy the delightful balcony that overlooks bustling Chung King Road, providing a perfect spot to unwind. Both units feature separate entrances but can easily be combined for versatile use. Located just steps from popular restaurants and bars, including Melody Lounge, General Lee’s, and Foo Chow Restaurant, this property offers an ideal blend of convenience and culture.
- Type:
- Triplex
- Sq.Ft.:
- 2,152
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- PV24213267
ADDITIONAL INFORMATION
Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! Offering both architecture and investment value, this Classical Queen Anne Victorian home in the front offers a single, detached home with 3 bedrooms and 2 bathrooms. Rear two story building features 2 additional units, one of which has 1 bedroom and 1 bath, and the other with 2 bedrooms and 1 bath. Plenty of room for cars in the driveway. Great long-term tenants with ease of management for a new owner.
$1,095,000
812 Beaudry Avenue Los Angeles, CA 90012
- Type:
- Triplex
- Sq.Ft.:
- 2,799
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- CV24197301
ADDITIONAL INFORMATION
SELLER FINANCING AVAILABLE! Located in the heart of Echo Park, just north of Sunset Blvd. and mere minutes from Dodgers Stadium, 812 N. Beaudry Avenue promises both charm and potential. It features a quaint 2-Bedroom/1-Bathroom cottage alongside two spacious 1-Bedroom/1-Bathroom units, offering diverse rental options. Each unit boasts individual washer/dryer hookups and is separately metered for gas and electricity, ensuring low management overhead. The property includes a coveted onsite garage with potential for conversion into an Accessory Dwelling Unit (ADU), enhancing its value and rental income prospects (Buyer to confirm with proper city authorities.) With a current 100% upside in rental income and the added potential revenue from an ADU, this investment is brimming with promise. Take advantage of private seller financing with favorable terms: a minimum 30% down payment and just 6% interest-only payments. Don't miss out on this exceptional chance to capitalize on Echo Park's booming rental market.
$1,000,000
618 N Grand Avenue Los Angeles, CA 90012
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- CRCV24156259
View additional info
Courtesy: RE/MAX CHAMPIONS
ADDITIONAL INFORMATION
This two-unit duplex can be converted to four units, zoning is LAR4. Unit numbers are 618 and 620. It's an investor's/developer's dream. It needs to be upgraded. Build in 1974 and does not appear to structural issues. Must see.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- CRWS23084383
View additional info
Courtesy: COLDWELL BANKER DYNASTY/TC
ADDITIONAL INFORMATION
3 Units located in the prime convenient location close to Chinatown, Dodger Stadium, Downtown LA. This Triplex was Built in 1961. Each units has 2 bedrooms and 1 bathroom with separate electric meter, gas meter and garage. Easy access to the freeways. Excellent investment opportunity in a prime rental location with potential future growth.
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 90012 has a population of 3,902,440. Los Angeles 90012 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 90012 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 90012 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.