Opportunity awaits you in Los Angeles, CA. Fourplex property with a total square footage of 3,680 square feet. Property sits on a good size lot of 8,840 square feet. At this price in this location if you blink it will be SOLD. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
EXCELLENT LOCATION! Minutes from Downtown Los Angeles (Convention Center, Crypto Arena, LA Live) University of Southern California, LA Memorial Coliseum, Korea Town and adjacent to Toberman Park. Easy access to the 10 and 110 Freeways. Incredible opportunity for an income generating property with current rents below market value. There are 5 units in the main house and a separate back unit (1715 1/2). Units 1, 2 & 5 are downstairs Unit #1 is a Studio with a kitchenette (174 Sq. ft.) Unit #2 is a Studio (253 Sq. Ft.) with a separate kitchen (104 Sq. Ft.) Unit #5 is a Studio with a kitchenette (316 Sq. Ft.) Both units 2 & 5 share a Jack & Jill bathroom (3/4) Units 3 & 4 are upstairs Unit #3 is a Studio with a kitchenette (180 Sq. Ft.) Unit #4 is a Studio with a kitchenette (266 Sq. Ft.) Units 1, 3 & 4 share a bathroom (3/4) upstairs Separate Back Unit has a Bedroom, Kitchen, Bathroom (3/4) & Dining room (672 Sq. Ft.) All measurements are approximations.
Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods!
Seize this exceptional opportunity to own a 4-unit investment property in the dynamic core of Los Angeles! Each unit is thoughtfully designed & features 2 generously sized bedrooms and 1 bathroom, providing tenants with comfortable living. With plenty of parking and a fantastic price point, this property is poised to sell quickly. Whether you're looking to expand your portfolio or become a first-time investor, this is your chance to become a part of LA's thriving real estate market! Located just minutes from premier destinations such as the LA Convention Center, Crypto.com Arena, LA Live, Koreatown, USC, Downtown LA, and access to major freeways....this quadplex offers convenience and allure to prospective tenants. Priced competitively for immediate interest, this is a unparalleled chance to acquire prime piece of real estate and establish yourself as a discerning investor in one of LA's most thriving neighborhoods. Don't let this property pass you by!
Centrally located in Pico Union HPOZ area, four unit apartment building. Convenient for shopping, dining and entertainment in Downtown Los Angeles, with easy access to the 10 & 110 freeways. Popular nearby venues include, but not limited to LA Memorial Coliseum, Cryton.com Arena, BMW Stadium, L.A. Live and more. Please do not walk the property or disrupt the tenants. Property is subject to the City of Los Angeles rent control regulation. Adjacent lot at the corner of 11th street and Union is part of this sale, the property lot of the subject property is rectangular.
Centrally located in Pico Union HPOZ area, four unit apartment building. Convenient for shopping, dining and entertainment in Downtown Los Angeles, with easy access to the 10 & 110 freeways. Popular nearby venues include, but not limited to LA Memorial Coliseum, Cryton.com Arena, BMW Stadium, L.A. Live and more. Please do not walk the property or disrupt the tenants. Property is subject to the City of Los Angeles rent control regulation. Adjacent lot at the corner of 11th street and Union is part of this sale, the property lot of the subject property is rectangular.
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a six-unit apartment community located at 1609 Oak Street. The subject property is located west of the 110 Freeway and south of Venice Boulevard. Situated on a 4,745 square foot parcel, the property is comprised of two studios and four one-bedroom units. The property has 40% remaining rental upside through unit renovations. 1609 Oak Street presents investors a unique opportunity to acquire an asset with a strong value-add component and the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. Located in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is a short distance from venues in the "Downtown Sports Park", Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium, & more, which bode well for the long term prospects of this neighborhood.
Unlock the potential of downtown Los Angeles with this exceptional 5-unit apartment building, perfectly situated near the Convention Center, and Crypto.com Arena. This prime property offers an incredible opportunity for investors looking to capitalize on the booming urban real estate market.
We are proud to exclusively present for sale a development opportunity for 40 units. Currently, there are 3 side-by-side vacant buildings on site with 11 units. Sellers have approved RTI plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. Start remodeling the front structures while entitling the development in the back! Have income from the front during construction of the new 18 units in the back! The property is ED1 eligible and zoned R4-1-HPOZ Tier 3. Walk Score calls this area a Walker's Paradise with Excellent Transit! Just a hop and a skip to Downtown LA, the Subway Metro Station, Crypto.com Arena, the 110 and 10 freeways and countless hospitality options. The property is adjacent to an Elementary School and close to parks. Lots of jobs in the area and a high demand for housing. Existing 11,874 SF of Structures - 18,738 SF of Land. Listing includes 3 addresses and 3 APNs: 1030 S. Union Ave. - 5137-015-012, 1036 S. Union Ave. - 5137-015-014, 1040 S. Union Ave. - 5137-015-016.
Boarding/Rooming House. Located in ideal location. Blocks west of the downtown Los Angeles Staples Center. High rental demand. Subject property has a large lot size and buyer developer may want to also acquire adjacent property (1411 Albany St.) for highest and best use of the two lots. Buyer to verify subject property is in redevelopment zone of the city of Los Angeles. There are three units in the rear of the house originally used a drafting space but presently vacant.
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 90015 has a population of 3,902,440. Los Angeles 90015 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 90015 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 90015 is 36.2 years.
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.