Los Angeles CA Multi Family for Sale
$2,049,000
1016 Waterloo Street Los Angeles, CA 90026
- Type:
- Duplex
- Sq.Ft.:
- 3,328
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- SR24217083
ADDITIONAL INFORMATION
Welcome to this beautifully restored Duplex Craftsman home in the heart of Echo Park, where timeless charm meets modern living. This property features two spacious units, each offering its own distinct character and appeal. The first unit, at 1018 Waterloo St., includes 5 bedrooms and 3 bathrooms, boasting a remodeled kitchen with granite countertops, stainless steel appliances, and updated bathrooms. A second-floor terrace offers stunning downtown views, making it the perfect space for relaxation or entertaining. The second unit, located at 1016 Waterloo St., is legally listed as a 5-bedroom unit by the tax assessor but currently shows 4 bedrooms and 3 bathrooms. It features an open floor plan with coffered ceilings and craftsman wainscoting, classic details that add warmth and charm to the home. Modern upgrades include abundant recessed lighting and new electrical systems, blending contemporary convenience with vintage appeal. The inviting front porch sets a welcoming tone for the property, ideal for enjoying morning coffee or chatting with neighbors. Inside, both units have floor plans that flow seamlessly. The living room, featuring a gas-burning fireplace framed by a classic mantel and wood details, connects effortlessly to the spacious family room and dining area—perfect for gatherings. The remodeled kitchens in both units maintain their vintage charm while incorporating modern touches, and the updated bathrooms add a luxurious feel. Expansive terraces, part of the 2023 permitted additions, offer breathtaking downtown views, providing the perfect spot to enjoy sunsets. This property is ideal for a growing family or for hosting guests. In a neighborhood where parking is scarce, the secured space for up to 8 cars is a rare and valuable feature. Located in a highly walkable neighborhood (with a 95/100 Walk Score), this home is near Echo Park Lake, Dodger Stadium, Sunset Junction, and just a 5-minute Uber ride to Downtown LA. Delivered without occupants, the units are separately metered, providing flexibility for an owner-occupant or an incredible opportunity for investors to maximize cash flow through rental income. Whether you’re looking for a forever home or a smart investment, this duplex offers the best of both worlds—low-maintenance living in one of LA’s most desirable neighborhoods. Don’t miss the chance to own a piece of Echo Park’s charm with modern conveniences!
- Type:
- Duplex
- Sq.Ft.:
- 1,636
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- IV24133223
ADDITIONAL INFORMATION
HUGE PRICE REDUCTION!!!!! PRICED TO SELL ...... Discover the versatility and potential of this remarkable duplex, an ideal investment property situated close to the coveted Wilshire Area and Downtown Los Angeles. Nestled in a highly desirable neighborhood, this residence holds the promise of a brilliant future. Whether you choose to live in one unit and rent the other, or expand your rental portfolio, this well-positioned property offers numerous opportunities. The duplex features two units: one with 3 bedrooms and 1 bathroom, and the other with 2 bedrooms and 1 bathroom. Both units provide ample space, making them perfect for growing families or tenants seeking comfortable living arrangements. Conveniently located just a few blocks from a main freeway, this property offers easy access to Hollywood and Downtown Los Angeles, enhancing its appeal for both residents and potential renters. Don't miss out on this incredible opportunity to invest in a property with endless potential in a prime???????????????????????????????????????? location.
$1,174,999
2154 Santa Ynez Street Los Angeles, CA 90026
- Type:
- Triplex
- Sq.Ft.:
- 2,208
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- SR24088724
ADDITIONAL INFORMATION
More pictures coming soon. Welcome to this prime investment opportunity – a meticulously maintained triplex ideally situated in a sought-after neighborhood. This property boasts three individual units, each offering detached walls for attracting and retaining private tenants. With its convenient location close to transportation, schools, public parks, transportation options, and social events at the Dodger Stadium, Silver Lake, Ecko Park, and DTLA. This triplex presents an attractive opportunity for investors seeking consistent rental income and long-term appreciation. Don't miss out on the chance to add this triplex gem to your investment portfolio. Schedule a viewing today and seize the potential of this lucrative investment property!
$1,350,000
1920 Kent Street Los Angeles, CA 90026
- Type:
- Triplex
- Sq.Ft.:
- 2,344
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- WS24254598
ADDITIONAL INFORMATION
Beautiful charming triplex with an forth unit / work studio ADU (unpermitted) from the converted garages. Conveniently located in Echo Park, near just down the street from Echo Park Lake. Live in one and rent the others out!
$1,675,000
3432 Larissa Drive Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,352
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.15 Acres
- Year built:
- 1961
- Baths:
- 3.00
- MLS#:
- 24474213
ADDITIONAL INFORMATION
This triplex consists of three well-maintained units: Two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. This diverse mix of accommodation types caters to a wide range of tenants, enhancing the property's appeal and marketability. The property is strategically located, benefiting from Silver Lake's vibrant community, trendy amenities, and proximity to downtown. One of the 2B/1BA will be delivered VACANT, making this triplex a rare opportunity for an owner user to gain income on their primary residence. Exceptional income producing asset at an astounding 6% Cap Rate.
$1,395,000
1446 Calumet Avenue Los Angeles, CA 90026
- Type:
- Duplex
- Sq.Ft.:
- 2,564
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- SR24246773
ADDITIONAL INFORMATION
Nestled in the historic Angeleno Heights neighborhood of Echo Park, this charming Craftsman-style duplex with Folk Victorian influences is now on the market. With nearly 2,600 square feet of living space, this two-story duplex features five bedrooms, three bathrooms, redesigned kitchens, updated plumbing and electrical systems, and dual-pane windows. Situated on a well-maintained 5,000+ square foot lot, the property is completely fenced in, offering privacy and security, and boasts a long driveway for ample parking. The multi-level backyard includes a flat area perfect for outdoor dining with stunning Downtown LA views. Delivered vacant and zoned RD2-1VL-HPOZ, this rare gem is ideal for homeowners and investors alike, presenting endless possibilities in one of LA’s most vibrant and sought-after neighborhoods.
- Type:
- Triplex
- Sq.Ft.:
- 3,257
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- WS24242385
ADDITIONAL INFORMATION
First time in the market after 45 years. Never rented out, only occupied by family members. Great opportunity for investor, big lot, a lot of potential. Live in the main house and rent out the duplex. 4 bedrooms and 2 baths at the back with 3 individual garages. Living area is 1421 SQFT., spacious living room, 1 big bedroom and 3 good size bedrooms, 1 bath sink and shower not working. Front is 1 bedroom and 1 bath each, with a total living area of 1836 SQFT, each with good size living room, dining area and bedroom. Long driveway and ample of parking in the middle of the units. The property do need updating and works. Convenient location, close to school, church, parks, stores and easy access to freeways.
$1,650,000
2612 Marathon Street Los Angeles, CA 90026
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.13 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- CRP1-20099
View additional info
Courtesy: COMPASS
ADDITIONAL INFORMATION
Seize the chance to acquire a promising multi-family development opportunity in the heart of Silver Lake, one of Los Angeles' most desirable neighborhoods. The property includes a duplex with an accessory dwelling unit (ADU), combining the charm of a spacious detached single-family home with excellent rental income potential. The first unit features a generous 3-bedroom, 2-bathroom layout with 1,226 sq. ft. of living space. The second unit offers a comfortable 2-bedroom, 2-bathroom design spanning 769 sq. ft. Below the second unit lies a modern ADU, a 2-bedroom, 2-bathroom space providing an additional 687 sq. ft. of rental potential. Currently undergoing an extensive renovation, this property allows buyers to customize and complete it to their specifications. Significant updates, including foundation work, framing, and some plumbing and HVAC have already been completed, saving you time and upfront costs. Located just five minutes from the vibrant Sunset Boulevard, residents will enjoy easy access to trendy cafes, restaurants, boutiques, and entertainment options in one of Silver Lake's most eclectic and high-demand neighborhoods. This property offers strong investment potential, with high rental yields and the possibility of conversion into a Tenants-In-Common (TIC) sale for max
$1,780,000
1319 Douglas Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 2,646
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- WS24241449
ADDITIONAL INFORMATION
LOCATION!LOCATION!LOCATION! FIRST TIME ON THE MARKET FOR OVER FOUR DECADES. A WELL MAINTENANCE PROPERTY WITH PRIDE OF OWNERSHIP. THIS PROPETY IS MINUTES FROM DOWNTOWN LA, STAPLES CENTER, WALKING DISTANT TO DODGERS STADIUM AND LOCAL AMENITES. GREAT FOR EXPANSION OR NEW DEVELOPMENT...
- Type:
- Duplex
- Sq.Ft.:
- 1,872
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- CV24181751
ADDITIONAL INFORMATION
Welcome to 1201 Douglas St, a charming Spanish-style retreat located in the heart of Los Angeles. This income property offers two distinct units: The downstairs unit features 2 bedrooms, 1 bathroom, a spacious living area, and a functional kitchen with plenty of natural light. Upstairs, the second unit boasts 2 bedrooms, 1 bathroom, a bright living space, and a bonus balcony offering sweeping views of the historic neighborhood. Both units exude traditional Spanish architectural details, making this property ideal for generating rental income or accommodating extended family. Set close to Dodger Stadium, Echo Park, and surrounded by historic properties, this home is a fantastic investment opportunity with significant potential for appreciation. Don’t miss your chance to own a piece of LA history in this vibrant neighborhood—schedule a showing today!
$1,250,000
1871 Park Drive Los Angeles, CA 90026
- Type:
- Duplex
- Sq.Ft.:
- 1,487
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- AR24240418
ADDITIONAL INFORMATION
This charming vintage duplex is nestled on the hilltops of Echo Park, offering breathtaking city-light views and serene wilderness vistas. This section of Park Drive is quite unique in that there are no homes across the street, and the property's front yard looks at trees and nature—offering a tranquil ambiance. The property features a classic Spanish-bungalow style, with 1,487 square feet of living space spread across two units. The upper unit, a spacious 875 square feet, features one bedroom, one bathroom, dining room, and stunning views. The lower unit, at 612 square feet, also offers one bedroom, one bathroom, and a cozy ambiance. Each unit features their own in-unit laundry closets, central heating, and separate patio spaces. The detached one-car garage and driveway provide convenient storage and parking for the upstairs unit. Seize the opportunity to own this unique property in a coveted location.
$2,195,000
656 Parkman Avenue Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,065
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1904
- Baths:
- 4.00
- MLS#:
- 24466915
ADDITIONAL INFORMATION
If ever there was a multi-family property that screamed "Classic Silver Lake" this one is it. It has so many features that will attract that renter who wants to live in Silver Lake, as follows:First, it is located on a really great street that is filled with other properties - single family as well as multi-family - that are all just as cool as this one. While being set in a very serene location, it is, at the same time, walking distance to all the shops and restaurants on Sunset Blvd, including "All Day Baby," "Millies," "Bacari Silver Lake," and many others. It is also a mile away from the Silver Lake Reservoir with all of its restaurants (L and E Oyster Bar, Le Mille Coffee Shop), running trail, picnic area and dog park. It is also a 2 minute drive to the 101 Fwy, which easily gets you to downtown as well as the studios, Hollywood and the West Side. Then, there is the property itself...Each unit is oozing with charm and character, and lots of space and lots of light, original hardwood floors throughout, as well as spectacular views to the west. The bottom unit is 2 bed 2 bath, 1200 sq ft, with a bonus room in the basement that is currently acting as a third bedroom. The primary bedroom is huge, with a very large closet and ensuite bathroom. As great as the bottom unit is, many feel that the top unit is even more desirable. Firstly, it is only unit that has central heat and air. It has tons of light, a bay window that looks out to the west and shows the Santa Monica hills and some of the best sunsets that exist anywhere. It is also 2 bed and 1 bath 1200 sq ft, and also features a very large amount of closet space. And, as you can see in the photos, it has a great deck that looks out over a sprawling back yard. This has been the owner's unit for 22 years but, frankly, either unit would serve wonderfully as the owner's unit. Also, importantly, there are no phone lines and no power lines across or over the property, which is very rare. Plumbing and electrical are performing very well throughout the property, though could certainly stand some updating. But the foundation was just upgraded and retrofitted last year and is in excellent shape. Same with roof back in 2019. Also, it is a street-to-alley lot which has 3 car parking in the rear which is accessed through the alley. Also, street parking on Parkman is excellent day and night. The property is gated and secure. The list of pluses goes on and on. It also has a non-conforming modest detached 1 bedroom unit in the rear which one can easily (and inexpensively) get approved as an ADU if they are so inclined, though the current owner has never felt the need to do so. The top unit and the small unit in the rear will be delivered vacant. The bottom unit will also be vacated by the end of Feb '25, so a new owner can get market rents, which will be quite high, in all three units.
- Type:
- Cluster
- Sq.Ft.:
- 2,426
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.13 Acres
- Year built:
- 1914
- Baths:
- 4.00
- MLS#:
- 24464899
ADDITIONAL INFORMATION
In the Heart of Silver Lake a 3-Unit Income Property with Unmatched Opportunity. Discover the essence of Silver Lake living with this unique mixed-use 3-unit income property, offering prime street visibility and endless possibilities. Whether you're seeking a business front, a fully leased rental property, or a mix of both, this versatile space is perfect for generating multiple streams of income. Set in one of Los Angeles' most vibrant and sought-after neighborhoods, this property is within walking distance of the Silver Lake Reservoir, where you can enjoy jogs or a relaxing afternoon by the water. Just steps away, the lush local dog park welcomes pet lovers to socialize and unwind. Silver Lake's amenities elevate this offering. Stroll to LAMILL Coffee, a beloved neighborhood spot for a perfect brew before heading to the reservoir. Savor Baja-style bites at Tacolina, or sip on tropical cocktails at the trendy Jaguar Room, the latest addition to the area's dynamic nightlife. With an array of eclectic boutiques, artisanal bakeries, and world-class dining just around the corner, this property places you in the heart of it all. Whether catering to long-term tenants, managing short-term Airbnb stays, or launching your own business, this property delivers incredible flexibility and value in a high-demand, central location. A savvy investment that blends the charm of Silver Lake with the opportunity for excellent returns don't miss out on this rare find.
$1,750,000
2106 Valentine Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,258
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.16 Acres
- Year built:
- 1922
- Baths:
- 4.00
- MLS#:
- 24462265
ADDITIONAL INFORMATION
THREE OF THE FOUR UNITS ARE DELIVERED VACANT! Nestled in one of the most desirable neighborhoods of Echo Park, this four-unit building offers a fantastic investment opportunity with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of three spacious 2-bedroom units and one 1-bedroom unit, providing a mix of options for a variety of tenants. Three of the units will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat.With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent duplex, 1517 Baxter St., can be purchased with this property.
$1,150,000
1517 Baxter Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 1,648
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1923
- Baths:
- 2.00
- MLS#:
- 24462269
ADDITIONAL INFORMATION
Nestled in one of the most desirable neighborhoods of Echo Park, this duplex offers a fantastic investment opportunity or owner-user with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of two spacious 2-bedroom units. One unit will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents, or perfect for an owner-user. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat. With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent four-plex, 2106 Valentine St., can be purchased with this property.
$1,699,000
150 N Coronado Street Los Angeles, CA 90026
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- CL24459677
View additional info
Courtesy: REO Modern Realty Corp.
ADDITIONAL INFORMATION
Incredible Investment opportunity to own a lovely 5-unit complex + 2 non-conforming units situated in a great area of Echo Park. This property boasts a spacious four-bedroom craftsman house (2,283) and four spacious, renovated studio's (2,520). The garage and basement of the Single Family home has been converted to into 2 non-conforming Bachelor units. The property offers a LARD5 lot for future potential development, a coin-operated laundry space, separate meters for both gas and electric, copper plumbing, updated electrical system, tankless water heater, and newer roof. Property has been well maintained by current owners. LA Metro station close by and 101 Freeway is a short distance. Buyer to verify square footage. Consider this a good cash-flowing asset.
$3,400,000
216 Coronado Street Los Angeles, CA 90026
- Type:
- Fourplex
- Sq.Ft.:
- 6,025
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- BB24234741
ADDITIONAL INFORMATION
216 N Coronado St, a rare new construction fourplex + ADU that’s walking distance to Echo Park Lake. This property is a true cash cow, actively thriving on the short-term rental market thanks to its modern design and ultra-trendy location near Echo Park and Silver Lake. Just moments away from popular destinations like Bloom & Plume Coffee, Tribal Cafe, and Target on Temple, it provides the perfect mix of convenience and style. With flexibility to be sold either with management in place for a seamless continuation on the short-term market or vacant, it’s a turnkey, high-yield investment in an area with exceptional rental demand. In addition to this luxury project, the seller is open to selling the twin property next door. This adjacent property consists of four 3-bedroom, 3.5-bathroom units with value-add potential for one or two ADUs. Opportunity to own 9-units (with value add) on the same street does not come along often! The properties are available for purchase individually or as a package. Inquire for pricing. 216 N Coronado St features four 3-bedroom, 3.5-bathroom units and a 1-bedroom, 1-bathroom ADU, each designed with spacious, open floorplans and private outdoor spaces. The 3-bedroom units come with private rooftop decks, while the ADU offers its own private yard, making them all highly desirable for renters. This impressive property boasts a cap rate of 5.40% on the standard rental market, offering strong financial returns for investors looking for a long-term, income-generating asset. In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!
$1,450,000
1535 Baxter Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,170
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- P1-19971
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Your opportunity awaits! This triplex in Echo Park is looking for a new owner! The property boasts 3 detached units on a well maintained lot. Each unit includes washer dryer hookups as well as individual water heaters. Owner pays water. Tenants pay electric, gas, and trash. Two of three units come with parking spaces which may be reconfigured to accommodate all 3 units, if needed.The property is located in a high demand area in close proximity to Dodger Stadium, Elysian Park, Silverlake Reservoir, and more! It is also a short drive to Downtown as well as Pasadena which provide a bountiful selection of amenities, restaurants, and activities to partake in. Truly in the heart of Los Angeles!
$3,300,000
2300 Bellevue Avenue Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 8,270
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.11 Acres
- Year built:
- 1916
- Baths:
- 16.00
- MLS#:
- 24463279
ADDITIONAL INFORMATION
Property Highlights for 2300 Bellevue Ave, Los Angeles, CA 90026 Prime Location: Nestled in the vibrant Silver Lake neighborhood, this property offers residents easy access to a variety of dining, entertainment, and cultural venues. Its proximity to major freeways ensures convenient connectivity to Downtown Los Angeles and surrounding areas. Charming 1920s Architecture: Built in 1916, this multi-family property exudes classic 1920s character with its architectural details, providing a unique and appealing aesthetic for tenants. Unit Composition: The building comprises 16 units, including studio and one-bedroom apartments, catering to a diverse tenant base. Recent Upgrades: Significant improvements include a brand-new electrical system, brand-new copper plumbing, and a brand-new gas system/pipes, enhancing safety and efficiency. Foundation Renovation: The foundation was renovated in 2020, ensuring structural integrity and longevity. Renovated Roof Deck: In 2014, the rooftop area was renovated, offering residents a communal space with panoramic views of Los Angeles, ideal for relaxation and social gatherings. Separate Metering: Each unit is separately metered for electricity, allowing for straightforward utility management and billing. Owner-Paid Utilities: The owner covers water, trash, and common area electricity expenses, simplifying utility responsibilities for tenants. Assumable Loan: An attractive financing option is available with an assumable 3.74% rate loan from Chase, until June 1, 2026. Strong Rental Demand: The property's desirable location and unique features attract a steady pool of upscale renters, contributing to consistent occupancy rates. Investment Potential: With its combination of historic charm, modern upgrades, and prime location, 2300 Bellevue Ave presents a compelling opportunity for investors seeking a stable and attractive addition to their portfolio. This property encapsulates the essence of Los Angeles living, blending historic charm with modern conveniences in one of the city's most sought-after neighborhoods.
- Type:
- Triplex
- Sq.Ft.:
- 1,844
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1911
- Baths:
- MLS#:
- TR24115765
ADDITIONAL INFORMATION
Triplex located adjacent to Elysian Park offering a unique life style opportunity for an owner user. Located at the corner of Morton Avenue and Morton Pl. is walking distance to community coffee shops and eateries. A fifteen to 20 minute walk to Echo Park Lake. Close to all yet tucked away on a quite street.
$1,695,000
2416 Echo Park Avenue Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,134
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.15 Acres
- Year built:
- 1907
- Baths:
- 6.00
- MLS#:
- 24462865
ADDITIONAL INFORMATION
Artsy cabin vibes abound at this creative four unit building at the top of Echo Park ave. Large property with a good unit mix and high quality tenants is now available for its next astute investor. Well maintained building with great views in an excellent and popular location. Units retain much of original details and charm and great floor plans. Great opportunity to own a special income property in a highly desirable and booming location!
$1,250,000
145 Toluca Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,943
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- 6.00
- MLS#:
- 24462509
ADDITIONAL INFORMATION
Investor's Dream: Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With easy access to LA's best dining, shopping, and cultural hotspots, this location promises high occupancy and premium rental rates. Key Features: RTI Approved: All permits ready, saving you time and money. Three-Unit Conversion: Transform a single-family property into a high-yield, multi-family building. Exceptional Design: Beautiful layouts that appeal to tenants seeking style and functionality. Spectacular Views: Park-front location with stunning vistas of Downtown LA. High Rental Demand: Prime spot for long-term returns in a highly desirable area. This is a turnkey investment opportunity where location, design, and timing come together perfectly. Don't miss out secure this property and start construction without delay. Calling all savvy investors: Contact us today to discuss how this can be the next stellar addition to your portfolio!
$1,100,000
3303 Hamilton Way Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 2,626
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.04 Acres
- Year built:
- 1931
- Baths:
- 4.00
- MLS#:
- 24461519
ADDITIONAL INFORMATION
Located at 3303 Hamilton Way in Los Angeles, CA 90026, this multifamily property offers a blend of stable income and value-add potential in a high-demand neighborhood. Built in 1931, the property comprises three units: one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and one non-conforming studio. It totals 2,626 sq. ft. of rentable space on an 1,889 sq. ft.lot and is fully occupied on month-to-month leases, providing flexibility for future adjustments or redevelopment. The current gross monthly rent is $5,879, equating to $70,548 annually, with market rents estimated at $8,200 per month or $98,400 annually. This results in a current cap rate of 3.68% and a GRM of 15.59, aligning with area standards. At market rents, the potential cap rate rises to 6.32% with a GRM of 11.18. The property's net income is currently $40,442, with a projected increase to $69,506 at market rates, reflecting a significant upside. Priced at $1,100,000, the property's price per square foot is approximately $419 and $366,667 per door. The building also includes two single-car garages on the ground floor, with the potential for ADU conversion, adding an attractive value-add opportunity for investors.
- Type:
- Cluster
- Sq.Ft.:
- 1,058
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.1 Acres
- Year built:
- 1936
- Baths:
- 2.00
- MLS#:
- 24456443
ADDITIONAL INFORMATION
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.
$1,030,000
128 Alvarado Street Los Angeles, CA 90026
- Type:
- Cluster
- Sq.Ft.:
- 3,080
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.11 Acres
- Year built:
- 1918
- Baths:
- 5.00
- MLS#:
- 24456611
ADDITIONAL INFORMATION
We are pleased to present the opportunity to acquire 128 North Alvarado Street, a four-unit apartment community in the center of some of the most desired neighborhoods in Los Angeles. The property borders the densely populated neighborhoods of Echo Park and Koreatown and is only ten minutes from Downtown Los Angeles. The property's infill location and rental upside offers an investor immediate value-add potential. Situated on a 4,601 square foot parcel, the property features a well balanced unit-mix, consisting of one studio, one, one-bedroom/one-bath, one two-bedroom/one-bath, and one three-bedroom/two-bath. There have been a number of recent upgrades to select units including updated HVAC, plumbing, & electrical upgrades as well as a new furnace, new dual pane windows, and new kitchen cabinets. Current ownership has invested nearly $80,000 into capital improvements over the last 18 months. The two-story building also features four parking spaces with gated entry. The subject property's location has demonstrated meaningful appreciation in both the single family home market and the rental market as Angelenos continue to move into the region and find a shortage of housing options. With a slim development pipeline in the immediate vicinity, this supply/demand balance should promote strong rent growth over the long term.
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 90026 has a population of 3,902,440. Los Angeles 90026 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 90026 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 90026 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.