Los Angeles CA Multi Family for Sale

ADDITIONAL INFORMATION

**10.03 GRM / 6.18% CAP In place +/- & 7.97 GRM / 8.60% CAP @ Market +/- & Three (3) RTI Adu's** We are pleased to present the opportunity to acquire The Roselake in the submarket of Historic Filipinotown (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 10-unit multifamily building built in 1965 with a footprint of approximately 4,716 SF, sitting on a 4,423 SF corner lot zoned LAR4. The Roselake offers an investor a significant value-add opportunity with approximately 25.88% (+/-) of potential upside in rents spread across a desirable unit mix. Delivered with 3 RTI ADUs, the property provides strong in-place income and upside potential. Additionally, it benefits from exceptional visibility and frontage, a low cost per unit, and the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a corner lot with parking and laundry, in a high-demand rental pocket surrounded by new development and continued gentrification. The Roselake is situated in Historic Filipinotown, a diverse and vibrant neighborhood. The property is located close to Echo Park, Hollywood, Koreatown, and Downtown Los Angeles, providing easy access to cultural and commercial hotspots. Historic Filipinotown offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants, and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.

ADDITIONAL INFORMATION

COPPER PLUMBING & SOFT-STORY RETROFIT COMPLETED...Fantastic 8-unit investment property located in the up and coming Rampart Village neighborhood, directly adjacent to Silverlake, Echo Park and Koreatown. The well-maintained mid-century apartment complex, built in 1960, offers a total of 4,446 square feet of living space on a 6,878 SF lot zoned R3, with a strong unit mix of (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units. The building features several recent upgrades: all above ground plumbing was replaced with copper, both soft-story retrofits were completed in 2018, the water heater was replaced in 2019, the driveway was recently re-paved, and all 9 seismic gas shut-off valves have been installed. The roof has also received regular annual maintenance. While the property is comprised of longer term tenants, about half of the units have been upgraded with new kitchens. There are two tuck-under parking areas at the front and back of the building with 12 spots in total (8 spots without tandem parking). The property is also separately metered for gas & electric. Lastly, there's an on-site laundry room which provides additional monthly income. The building has been under the same ownership for over 11 years and there is still 42% upside in rental income remaining. The property's various system upgrades and longer term tenants, combined with its excellent location near trendy neighborhoods and vibrant cultural hubs, make this a fantastic investment opportunity.

ADDITIONAL INFORMATION

This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.

ADDITIONAL INFORMATION

There is a pride of ownership for this European village style complex with all amenities and upgrades located one block north of the 101 freeway in the highly sought for Silverlake/Echo Park area of Los Angeles. This stunning seven-unit income property with maintained landscape consists of a two level quadruplex, a single level duplex, and a single level family residence. A remote controlled wrought iron gate opens to a driveway leading to the rear towards the parking area. Each unit has one bedroom, one full bathroom, and one assigned uncovered parking space. Through the years, the owner has continued to make meticulous improvements to include upgrades to each unit which currently has AC/Heating mini-split system, and own in-unit washer and dryer. In addition, they all have hardwood floors, recessed lighting, and stainless steel appliances. The two upper units of the quadruplex have a balcony, but each unit has some outdoor private space.

ADDITIONAL INFORMATION

Great multi-unit fixer/investment opportunity in the heart of Los Angeles with hillside views. On this spacious 7480 square foot lot there are three separate units. The front house offers 2 beds/1 bath, while the rear of the property features two separate 1bed/1bath units. Each unit has ample storage space. There is a drive way with one car garage and storage unit. Conveniently located near by Glendale Blvd with shopping, dining, entertainment, freeways, etc..... lots of potential in this up and coming Echo Park area of Los Angeles. A real must see!

ADDITIONAL INFORMATION

This exceptional 3-unit property in the heart of Downtown Los Angeles within the Historic Filipinotown, adjacent to the trendy neighborhoods of Silver Lake and Echo Park, offers an outstanding investment opportunity with consistent positive cash flow. The property features two 5-bedroom units and one 3-bedroom unit, providing ample space for tenants in a highly desirable area near schools, shops, and transportation. Additionally, there is a storage space with the potential for conversion into an ADU, subject to buyer verification. With tenants responsible for all utilities, the property boasts a 5.88% cap rate and a 12.04 GRM, generating a positive cash flow of $4,800+ per month. This is an ideal opportunity for investors seeking a high-performing asset in a prime urban location. Contact the broker for further details, as cash flow (net income and investment returns) may vary based on interest rates and down payment. DO NOT DISTURB OCCUPANTS! Property Tour only with accepted offer subject to walk through!

ADDITIONAL INFORMATION

This is a great income property and very convenient to the highly sought after area of Silver Lake/Echo Park. This 2-story duplex was built in the mid 90's and offers a great owner/user opportunity and is within close proximity to the 101. Whether you are in the middle of an exchange, looking for a potential value add or would like to live in one unit and rent the other out, this property has great potential. Please keep in mind that both units are being delivered tenant occupied and the buyer will need to negotiate with the tenants after COE if there is a desire from the buyer to occupy one of the units. The seller is motivated.

ADDITIONAL INFORMATION

Under the same family ownership for more than 50 years, this asset presents an investor with a prime opportunity to reposition and add value, as current rents are approximately 83% below local market rates. Located within two blocks of Sunset Boulevard, near the intersection of Silver Lake Boulevard and Sunset Boulevard, the property grants tenants access to some of the trendiest restaurants, boutiques, and coffee shops within both Silver Lake and Echo Park. Sunset Junction is only 1.5 miles from the building, while the dense employment center in Downtown Los Angeles is merely 2 miles southeast. A new small format Target recently opened less than a half-mile from the building. Tenants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps just blocks from the property.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Discover the perfect turn-key investment opportunity with this exceptional Silver Lake 6-unit building. Boasting a prime location and outstanding unit mix, this property is a gem for savvy investors. WITH AN ASSUMBLE LOAN OF APPROXIMATELY $1,650,000 AT A VERY LOW RATE OF 3.6%, FIXED FOR APPROXIMATELY THE NEXT 7 YEARS WITH PAYMENTS AMORTIZED OVER 30 YEARS, this investment offers a solid financial foundation. Featuring five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, this property caters to a diverse range of tenants. The meticulously restored units showcase modern upgrades and stylish finishes, ensuring tenant satisfaction and maximizing rental potential. Convenient amenities include two garages, four on-grade parking spaces, and separate metering for electricity and gas in each unit. The front building, constructed in 1960, houses four of the 2-bedroom units, while the rear duplex offers a spacious 2-bedroom unit over a double car garage and a 1-bedroom unit. Currently under professional management, this property offers a seamless investment opportunity with the option for personal management. Don't miss out on this rare chance to own a premium income-generating property in one of Silver Lake's most sought-after neighborhoods. Take advantage of the assumable loan and secure your place in this thriving real estate market today!

ADDITIONAL INFORMATION

Silver Lake Duplex in quiet Cul de sac. 2 story Property. Upper unit is 3 BD/2 Bath and Lower unit is 2Bd/2Bath. 3Bd Both units will be delivered vacant at close of escrow. This property is in the heart of Silver Lake, and close to Downtown LA , Hollywood, Glendale , K-Town. Detach Garage, with potential for ADU. This is a fantastic opportunity to Live in one and rent the other unit. Location, Location, Location. 2 units will be delivered Vacant. Great for big family to occupy both units or friends that want to buy together. Bottom unit is vacant.

ADDITIONAL INFORMATION

Duplex located in Historic Filipinotown of Echo Park! This corner lot duplex, with two separate, detached dwellings, is perched high above the street. Both units offer double pane windows, updated kitchen, two bedrooms, one full bath, and 2 one car garages. Recent upgrades include sewer, electrical and landscaping. Easy access to the 101, 110, 10 and 5 freeways and downtown LA.

ADDITIONAL INFORMATION

We are pleased to present a 24-unit multifamily portfolio consisting of three 8-unit buildings (three individual APNs) in Echo Park, all situated on the same street at 413, 419 and 431 Coronado Park Terrace. This opportunity is located just south of the 101 freeway with quick access to the 110 freeway and in close proximity to Echo Park Lake, Downtown Los Angeles, Dodger Stadium, Chinatown, the Convention Center, USC Coliseum, offering tenants convenience to numerous nearby amenities. The property currently operates at a collective 10.30 GRM on current rents and a 5.89% CAP, with rental upside potential to a 6.28 GRM and a 11.61% CAP on pro-forma rents. The buildings consist of 17 one-bedroom units, 5 two-bedroom units, and 2 three-bedroom units, with 3 units delivered VACANT. The tenants pay for gas, electric, and trash, and the landlord pays for water. Priced at only $211/sf and $181,250/unit with 60+% rental upside, the offering is well positioned for a value-add investor seeking to drive returns, or a local operator looking to increase their holdings within a desirable submarket. Each of the three properties were built in 1925, 1925, and 1927 respectively, and feature a total 14+ uncovered parking spaces in the rear with alley access. Contact the listing team for additional information.

ADDITIONAL INFORMATION

Location! Location! Location! Welcome to this Diamond in the Rough. This 4 unit Craftsman style property consists of two buildings. Home on Waterloo has a 2 BA/1 BA down stairs and a 2 BA/2BA upstairs. The building on Marathon (Over Garages are both 1BA/1BA. This Property is wonderfully located in the Echo Park/ Silverlake area next to the best restaurants, venues, and the trendy hot spots. Great for an owner occupied buyer or experienced Investor looking for a Value Add Opportunity in one of the HOTTEST locations in Los Angeles.

ADDITIONAL INFORMATION

This property is your opportunity! This historic 1927 California bungalow 4plex in the heart of Silverlake is tucked away behind a hedged front yard- offering privacy and security. The two upper units feature original details including hardwood floors, arched doorways, coved ceilings and are tenant occupied. Porches and patios abound. The two lower units have been updated- one is vacant and ready for someone to move right in. This property has great potential. Each unit has its own balcony/patio as private outdoor space- you just need the vision. There's a beautiful shared patio to spend your evenings grilling or just hanging with friends. Views of the city and unobstructed views of the Hollywood sign and Griffith Observatory. The location is pretty perfect... Building also has on site laundry. So much potential.

ADDITIONAL INFORMATION

Detached duplex, and investment opportunity in prime location minutes to historic Echo Park Lake and across the street from the Echo Park tennis courts, adjacent to DTLA and Dodger Stadium. Fully leased with decent rent flow with room for upside, with good long term tenants. Front home is a 3 bedroom 2 bath Victorian, 2 story home waiting to be restored, with a built out attic, and approximately 1480 sqft. Back detached house is 3 bedroom 1 and 1/2 baths and approximately 790 sqft. Priced to sell. Street parking only

ADDITIONAL INFORMATION

Welcome to 2916 Marathon Avenue, a unique property in Silver Lake offering a blend of Spanish-style architecture and urban convenience. This distinctive residence comprises five units, including a charming front four-plex and a secluded back house cottage. Each unit features its own character, with 4-plex featuring spacious 1 bedroom and 1 bathroom units with hardwood floors, arched doorways, in-unit laundry, and french multi paned windows. The back Cottage features 2 bedrooms, 1 bathroom, bonus garage-studio space and three decks. Four-plex, Cottage, and detached garages spread across 7,370 SF. The Spanish-inspired design is evident in the tiled roofs, archways, developed landscaping with a blend of plant species, and serene tree-canopied courtyard with mosaic fountain. Providing a tranquil outdoor space for residents to unwind or entertain. Located near the intersection of Sunset Blvd and Silver Lake Blvd in the heart of Silver Lake, this property offers easy access to Silver Lake's vibrant community, including trendy shops, cafes, and recreational spots such as Silver Lake Reservoir and Griffith Park. Walk to Silver Lake Ramen, The Thirsty Crow Bar, Pho Cafe, and more.. 1.4 miles to Silver Lake Reservoir and 1.3 miles to Echo Park Lake. Discover the allure of this Spanish-style oasis with the convenience of urban amenities . Includes assigned detached garages, and alley parking. Do not disturb occupants. Property sold As Is. Buyer to comply with seller's 1031 exchange timelines for closing. Property includes street address 756 Parkman Ave. Property being sold can sold as part of a portfolio; or individually, including 4234 Ostrom Ave (MLS #24-445527); and 434 N Larchmont Blvd (MLS #24-411459) (Zoned C2) and. Buyer to comply with seller's 1031 exchange timelines for closing. Offering Memorandum upon request

ADDITIONAL INFORMATION

On market for the first time in 25 years, this offering is an excellent opportunity to reposition a pride-of-ownership asset and capture 54 percent rental upside. 143 North Reno Street is a well-maintained, Spanish-style 1927 construction with 13 studios and three one-bedroom/one-bath units. The building also offers on-site laundry. The property’s Westlake location offers easy access to world-class entertainment, dining and retail, and convenient proximity to the 101 Freeway and Downtown Los Angeles. This rental submarket’s strong performance is demonstrated by the new Arancia apartment building, just half a block from the subject property, where studios are achieving rents of up to $2,300 per month and one-bedrooms are achieving $3,050.00 per month. 143 North Reno Street is offered for sale exclusively upon buyer’s use of seller financing; terms to be negotiated.

ADDITIONAL INFORMATION

Great New Price!! Wonderful opportunity to own a well cared for triplex in Silverlake. The property consists of a large 2 bedroom one bath unit downstairs with fireplace and private side yard. There are two one bedroom one bath units upstairs. One unit is vacant and freshly painted and hardwood floors newly refinished and with downtown views. Great quite neighborhood close to all of Silverlake's many amenities. Please do not disturb tenants.

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.

ADDITIONAL INFORMATION

Opportunity knocks! Centrally located in one of LA's hottest neighborhoods, this charming 1940's Silver Lake duplex is close to Sunset Junction, Korea Town, Griffith Park, DTLA, the Reservoir, a farmers market, and much more. Both units have their own entrance, rich hardwood floors and combine for a total of 1,875 square feet of sun-lit living space. The upper unit has a stunning living room with large picture windows, 2 bedrooms, 1 bath, and a bonus room that makes a great office/flex space that opens to an enchanting garden area shaded by mature trees. The cozy lower unit has 1 bedroom, 1 bath and a private deck that is perfect for entertaining and unwinding beneath the stars. This quintessentially Silver Lake duplex includes a 2-car garage. With an abundance of charm, quick freeway access and surrounded by some of LA's best destinations and dining, this property is a great investment opportunity and rare find for the savvy buyer.

ADDITIONAL INFORMATION

Four sunny Silver Lake apartment units are your opportunity to earn income in one of LA's trendiest enclaves. Tucked away on a treelined street, the remodeled triplex + ADU is just a few short blocks from coffee, dining, recreation and services creating an attractive environment for tenants. The vintage exterior circa 1925 pairs seamlessly with tastefully updated and well-maintained interiors, each unique apartment appointed with wood flooring, built-in kitchen appliances, air conditioning, dual-pane windows and in-unit laundry. Two of the apartments feature private outdoor space and all of them enjoy designated off-street parking. Perfectly situated in the center of this desirable neighborhood, everything is within easy reach including the Silver Lake Reservoir with its 2.2 mile recreation loop, Dog Park, Rec Center and Meadow. Trader Joes is nearby along with dining options like LA Mill, Moon Juice, Biscuit & Bean, Piija Palace and so much more.

ADDITIONAL INFORMATION

3 VACANT DETACHED BUNGALOW UNITS: 1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Parkin city of Los Angeles. Constructed in 1914, the three vacant detached bungalow style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2,with parking for (2-3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add-value. From remodeling the existing vacant bungalow units with potential to build (2) detached 1,200 +/- square foot ADU's and (1) potential basement conversion to an ADU, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has potential to build (19) units on the site by-right or develop a 100%affordable housing project under Executive Directive 1 (ED-1) with unlimited density.

ADDITIONAL INFORMATION

Triplex treasure awaits! Three spacious units, each with its own entrance, offer endless possibilities. This rare opportunity to own a versatile triplex property, perfect for investors or multi-generational living. Unique units with their own charm and character. Investment dream come true, room to expand to a 4th unit 800sq ft of extra space. Live in one, rent out the others. This triplex property offers flexibility and potential for significant rental income and growth. Minutes away from the Dodgers Stadium. LARD4 zoning refers to a specific type of zoning designation used in Los Angeles, California. It stands for “Los Angeles Residential District 4.” This zoning typically allows for higher-density residential development, such as apartment buildings or multi-family housing.

ADDITIONAL INFORMATION

Beautiful charming triplex with an additional owner's work studio loft style unit (unpermitted) from the converted garages. Conveniently located in Echo Park, near just down the street from Echo Park Lake. The pictures don't do justice for how much personality this place creates! Live in one and rent the others out!