Don't miss this fantastic opportunity to own a versatile property in a vibrant neighborhood, located across the street from a brand-new upscale boutique coffee house! The property features 6 large studios and one spacious commercial unit that fronts from Front Street to the alley. The commercial space is currently vacant, offering endless potential for business owners or investors looking to capitalize on this prime location. While we do not have rental data for the studios, the property has undergone several significant improvements, including a brand-new roof and numerous other repairs throughout. The property also features convenient alley access in the rear, adding flexibility for both residential and commercial uses. This property is located within the Jefferson HPOZ (Historic Preservation Overlay Zone), blending modern upgrades with historic charm in a highly desirable area. Schedule a viewing today and explore the potential of this exceptional investment!.
PARTNERSHIP WANTS IT SOLD!!! (Listed Price Close to What Partnership Paid When They Purchased the Building) We are pleased to present the opportunity to acquire Arlington Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid-City and Koreatown. This offering includes an 18-unit multifamily building built in 1964 with a foot print of approximately 14,042 SF, sitting on a 12,899 SF lot zoned LAR3. Arlington Apartments offers an investor a significant value add opportunity with approximately 75% (+/-) potential upside in rents spread across a desirable unit mix of over 50% 2 bedroom units. Soft story retrofit has been completed and the seller owns the laundry machines. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stretch of Washington Blvd, anchored by the Underground Museum between 3rd and 6th avenues, is becoming a desirable location for art galleries and boutiques. Nestled right at the convergence of main thoroughfares and freeways, Arlington Heights allows for easy access to the wider region of LA and key employment centers.
Introducing an outstanding investment opportunity in the heart of Los Angeles, mere minutes away from the prestigious USC campus! This captivating three-unit property showcases two units at the front, each boasting 1 bedroom and 1 bathroom, offering a generous 768 SqFt of living space. In addition, there's a delightful third unit situated at the back, with 2 bedrooms and 1 bathroom, providing a comfortable 580 SqFt of living space. Upon entering the first front unit, you'll be greeted by a welcoming living area, complete with a cooling ceiling fan and a dining area with large windows that allow abundant natural light to flood the space, creating a warm and inviting atmosphere. The kitchen boasts stainless steel appliances and ample cabinet space, perfect for all your storage needs. Convenience is key, as the unit comes equipped with its own washer/dryer, adding an extra layer of practicality. The bathroom features a shower over tub arrangement, and the bedroom offers a spacious walk-in closet, providing an ideal sanctuary for relaxation. Conveniently situated above the two-car garage, the third unit offers a sense of privacy and tranquility, making it the ideal space for tenants seeking a peaceful retreat. With its two spacious bedrooms, both equipped with walk-in closets, this unit offers comfort and style in equal measure. The bathroom includes a contemporary shower stall, ensuring a refreshing start to the day. Situated in a bustling area, this property is surrounded by an array of enticing restaurants, vibrant shops, and an easy access to the freeway, making it a desirable location for tenants seeking convenience and excitement. Don't miss out on this amazing investment opportunity. Take advantage of the thriving Los Angeles market and secure this enticing property today!
commercial 3 stores are at the front of Jefferson Blvd. Barber shop, driving school, wood craft. mixed use commercial building with 1 bedroom 4 units upstairs. comfortable structure inside in each 1 bed room unit. total 7 units building. Do not disturb tenants. new electrical panel. NOI is 7.2. Good income property. great potential opportunity. near to USC and downtown and METRO much to be developed area.
We are thrilled to present a 21 Unit mixed-use compound in Jefferson Park that will be delivered 100% vacant at close of escrow. The property consists of 15 residential units, and 6 commercial units totaling 13,331 RSF. It is perfectly positioined for an investor seeking a high-cash flow property. Potential uses include Project Based Section 8, Permanent Supportive Housing, or a creative application such as "Live-Work" use. With the units being deivered all vacant, a new owner has the opportunity to lease out at Section 8 rents and generate an unheard of 9.09% cap rate! The property has had significant upgrades in the past 5 years including plumbing, electrical service, sewer, HVAC, roof, and interior renovations. There are 14 parking spaces on the 16,906 lot, and the zoning is Lac2. The location is ideal and central to University Park, USC and West Adams. It is 1/2 mile to the Expo Line/Western Station, and in close proximity to Exposition Park, California Science Center, and the Lucas Museum.
Price just Reduced! We are pleased to present 2939 Brighton Ave in the trendy West Adams submarket of Los Angeles just south of Adams and west of Normandie Ave. 2939 Brighton Ave is a charming 7 unit offering, with 2 units in the front building and 5 bungalow units in the rear of the property. The subject property is located on one of the more highly desirable streets in the West Adams area on a block consisting of mostly single family homes offering a quiet reprise in the middle of Los Angeles. The property features an excellent unit mix consisting of (4) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (1) 2 Bed / 2 Bath / Den units on a large 7,100 square foot lot. Contact listing agents for an offering memorandum.
Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.
CALLING ALL INVESTORS! This is an opportunity to own this beautiful well-kept triplex home centrally located in Los Angeles. It has a stand alone 2 bedroom 1 bath unit and 2 additional 2 bedroom, 1 bathroom units in a prime location! Each unit includes its own laundry area. Tenants pay their own electricity and gas. Owner pays for water. Home is located minutes away from USC and the Los Angeles Memorial Coliseum. Broker is pleased to offer for sale this over 6,300 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and about a mile from University of Southern California (USC). The triplex is tenant occupied. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - It provides easy access to all of USC's landmarks, academic buildings, and entertainment options. This is a probate sale that requires Court approval.
We proudly present 2360 W Washington Blvd, a recently renovated 20-unit mixed-use property strategically positioned in the heart of Los Angeles. The seller has made a substantial investment of over $700k in capital expenditures and 17 out of 17 apartment units are completely turnkey. These units boast modern upgrades such as new flooring, updated appliances, contemporary lighting, and sleek kitchen and bathroom designs. Additionally, all renovated units feature in-unit laundry, with the exception of the bachelor unit. The property also offers 2,932 square feet of ground-floor retail space, and it's located in a rapidly gentrifying neighborhood, adjacent to numerous new development projects, promises immediate upside potential in rents. The location of the property also provides easy access to major freeways like the 10 and 101 and proximity to key employment centers. Furthermore, it is a short drive from popular dining, shopping, and entertainment venues in West Adams, Koreatown, and Downtown LA.
Investors, take note! An amazing opportunity awaits in Los Angeles with a fantastic gated Duplex property. This property boasts two units, each with 2 bedrooms and 1 bathroom, offering a total of 1,457 square feet of living space. Its prime location is just a stone's throw away from Food 4 Less, Denker Recreation Center, Exposition Fish and Poultry Market, schools, and numerous dining options. Don't miss out on this incredible chance!
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 90018 has a population of 3,902,440. Los Angeles 90018 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 90018 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 90018 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.