Los Angeles CA Multi Family for Sale
$2,250,000
5622 Raber Street Los Angeles, CA 90042
- Type:
- Triplex
- Sq.Ft.:
- 3,189
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- DW24234287
ADDITIONAL INFORMATION
Gorgeously Redesigned 3-Unit Rental Property in Prime Highland Park Location. An incredible investment opportunity awaits with three stunning buildings on one lot in the heart of Highland Park. Offering nearly 3,200 sq ft of combined living space, this property is situated on a quiet street just above York Boulevard, close to Eagle Rock and South Pasadena. Trendy restaurants, shopping, and entertainment are only minutes away, providing the perfect blend of urban convenience and the charm of a private retreat. This unique property features three separate buildings: the front unit offers 3 beds, 3 baths; the middle unit offers 2 beds, 2 baths; and the rear building is a spacious two-story 3 bed, 3 bath, with each bedroom as an en-suite master. Every unit has been beautifully updated with brand-new stainless steel appliances, in-unit washers and dryers, and sleek, modern finishes. With exceptional curb appeal and location, this property is a fantastic opportunity for investors seeking a high-quality asset in one of LA's most desirable neighborhoods. Don’t miss out on this rare Highland Park gem!
$4,250,000
5960 Benner Street Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 9,805
- Status:
- NEW LISTING
- Beds:
- 12
- Lot size:
- 0.18 Acres
- Year built:
- 1961
- Baths:
- 8.00
- MLS#:
- 24462297
ADDITIONAL INFORMATION
We are pleased to present a fourteen (14) unit apartment building located at 5952-5960 Benner Street in Los Angeles, California. The subject property is situated in a prime Highland Park location, north of Arroyo Seco Parkway and east of S Avenue 60.Highland Park is a high density rental market adjacent to Eagle Rock, Pasadena, and Montecito Heights. These surrounding submarkets are major employment centers for the demographic that resides in Highland Park, and make it a very commutable area for its residents. Between Highland Park's two (2) main streets (York Boulevard and Figueroa), you will frequently find neighborhood coffee shops, thrift stores, and new nightlife establishments booming with life. This submarket's tree-lined residential streets mix with a walkable urban culture, but it is also known for its commuter friendly transportation hubs and thoroughfares. The Metro is an at-grade light rail station near the intersection of North Avenue 57 at Marmion Way (one block north of North Figueroa Street). It is the first station on the line going west toward Atlantic station that's in the city of Los Angeles. Highland Park has just as many contemporary landmarks as it does ones that predate the neighborhood's distinction as one of Los Angeles' hippest locations. Built in 1959 and 1961, this property consists of a ideal unit mix of six (6) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, two (2) two-bedroom / one-and-a-half-bathroom units, and three (3) two-bedroom / two-bathroom units. Select units have been renovated with new appliances, flooring, air conditioning, and more. The property is gated and secure, featuring easily maintained landscaping and a large center courtyard perfect for tenant enjoyment. An on-site laundry facility is available. The property is equipped with fourteen (14) on-site parking spaces with potential to build into several ADU unit(s) given the property has two (2) separate parcels and may allow a path through SB1211 to nearly double the unit count. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as The Lodge Room, Highland Park Bowl, Kitchen Mouse Cafe, The Offbeat, and Hermon Park. Positioned in a prime Highland Park Location, this offering presents an exceptional opportunity for an investor to capitalize on a large, rare corner double-lot with two (2) separate APNs in a low velocity submarket.
- Type:
- Cluster
- Sq.Ft.:
- 3,167
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.13 Acres
- Year built:
- 1922
- Baths:
- 5.00
- MLS#:
- 24461367
ADDITIONAL INFORMATION
INVESTOR ALERT-OPPORTUNITY KNOCKS to own 5 units in Prime Historical Garvanza! Front Apartment house is a 2-story building, originally built in 1922 with 4 units. Back house is an original 1922 built two-bedroom California Bungalow with a private garden area. Street to Alley flat lot. Separate garage with alley access. Don't miss your opportunity to own! Located minutes to South Pasadena, Pasadena, Downtown LA. Enjoy the the neighboring Arroyo Golf course, Horseback riding, Hiking trails, Dog park & more.
$1,295,000
5125 Stratford Road Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 2,370
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.12 Acres
- Year built:
- 1911
- Baths:
- 4.00
- MLS#:
- 24460505
ADDITIONAL INFORMATION
HIGHLAND PARK- 2 fantastic homes on one lot! Nestled in one of Los Angeles' most vibrant and sought-after neighborhoods, Highland Park! Front 2-story house (at 5127) built in 1984 featuring 3 bedrooms, 3 bathrooms with a spacious modern open floorplan. Back House (at 5125) is an original 1911 California Bungalow featuring 2 bedrooms plus private, fenced small backyard. Long driveway with ample parking. Great neighborhood-walking distance to bustling York Blvd. Enjoy the superb cultural scene, entertainment, restaurants, bars & trendy shops.
$1,188,000
311 Avenue 59 Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 3,260
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1948
- Baths:
- 4.00
- MLS#:
- 24460485
ADDITIONAL INFORMATION
1 UNIT CURRENTLY VACANT! Perfect for owner occupancy, family member, or choose your own tenant! Rare opportunity to buy a turnkey 4plex in hip Highland Park on a large corner lot with parking! All apartments are 2 bedroom and 1 bathroom, and the spacious units average 806 SF each per title. Each apartment has one large bedroom and one smaller bedroom with no closet. Two apartments have small office areas off the kitchen, and all units have a closet at the end of the hallway that would be prefect for in unit stackable washer/dryers. There are separate hot water heaters and meters, and the property is professionally managed. Expenses are naturally low on a building like this. This property is in a prime area of Highland Park near Figueroa and with easy access to the 110 Freeway. Perfect for house hacking. Live in one, rent out the others.
- Type:
- Cluster
- Sq.Ft.:
- 3,034
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.11 Acres
- Year built:
- 1952
- Baths:
- 4.00
- MLS#:
- 24457835
ADDITIONAL INFORMATION
***Highland Park Investment Opportunity*** Four-unit building producing solid income with the largest unit being delivered vacant. Great upside with below market rents in three units and large 2 bed, 1 bath unit delivered vacant. Very rarely can you purchase an income property that has potential to cash flow with 25% down from day one--this is it! Vacant unit available for viewing.
$1,079,000
6820 Hough Street Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 2,992
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.12 Acres
- Year built:
- 1971
- Baths:
- 4.00
- MLS#:
- 24452429
ADDITIONAL INFORMATION
First time ever on the market, this timeless 8 bed + 4 bath duplex, imagined and built by AIA architect Ralph Contreras in 1971. The rear unit, 6820, was completely remodeled, top to bottom, keeping the Mid-Century design elements. Enter the first floor of the residence to a light-dappled living space, including the first bedroom, perfect for an office, or studio space, and a tiled 3/4 bath, as well as a dedicated laundry area. The kitchen, is central and open, where conversation and cuisine intersect! The living room opens onto its own private fenced patio, space for gardening, and al fresco dining. New, durable wood laminate flooring throughout the unit, and all new fixtures and finishes. Upstairs, three additional, spacious bedrooms, all featuring well-sized closets, and a full bath. "Less is more" echoed in the sharp angles and clean lines, with the focus dedicated to a blending of exterior-interior, highlighted by the large windows throughout. Unit 6818 is occupied by a long-term tenant. This unit also features its own private, fenced outdoor area, and has a layout of rooms/ floors that is the mirror-image unit 6820. At the back of the building, find a large communal area. At the front of the property, find the private, gated 4-space parking lot, bringing the lot's total sqft to just over 5000. The entire, almost 3000 sqft building was re-piped in 2023 with full exterior paint in 2024. Located in the dynamic Highland Park neighborhood of the Arroyo, home to San Pasqual STEAM Magnet Elementary, Park and Stables, Arroyo Seco Racquet Center, and golf course. Easy access to the 110 freeway, as well as nearby cafes, markets, and entertainment of Highland Park, Eagle Rock, Pasadena, and South Pasadena. This unique duplex, perfect for either an owner-user or an investor, presents a once-in-50+ year opportunity! Occupied unit shown upon accepted offer only.
$1,550,000
6214 Bertha Street Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 2,120
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.13 Acres
- Year built:
- 1943
- Baths:
- 2.00
- MLS#:
- 24447673
ADDITIONAL INFORMATION
Rare opportunity to own a beautifully maintained duplex with large front and back yards in Highland Park, one of LA's most buzzworthy neighborhoods known for its amazing restaurants, vintage shopping, and trendy hangouts. Located on a tree-lined residential street, each unit feels more like its own separate home. The upper unit features a great floor plan with 2 large bedrooms, swoon-worthy original tile bathroom, and separate living and dining areas and opens up to a large wood deck with access to a generous yard with fruit trees and flat pad. The downstairs unit benefits from 3 bedrooms (one currently being used as a flex space), updated bathrooms, and charming details. Each residence comes with its own Washer/Dryer, Appliances, and Updated Electrical, Plumbing, and Sewer. There is a detached 1-car garage on site. Now, to the fun stuff: centrally located near Figueroa and York Blvd which means you have easy access to abundant dining and entertainment options such as Highly Likely, Highland Park Bowl, Kitchen Mouse, and other iconic attractions. Easy access to the Metro Line and scenic hiking and parks.
$1,499,000
5621 Carlota Boulevard Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 2,583
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- P1-19487
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Close to everything! This triplex plus bonus unit is a great investment opportunity with close proximity to Downtown LA, Glendale, Pasadena, and Eagle Rock. All units are one level with large common areas/yards and trees to relax under plus space for playing. The 2 bedroom house has its own driveway, 2 large parking spots, and a washer and dryer. One of the one bedroom units has laundry facilities as well and there are 3 additional parking spaces. A potential 2 bedroom ADU opportunity as well. Super investment!!!!
$1,499,000
375 Leslie Way Los Angeles, CA 90042
- Type:
- Apartment
- Sq.Ft.:
- 5,364
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- WS24201698
ADDITIONAL INFORMATION
Located in trendy Highland Park, this apartment complex consists of 2 buildings. There are 4 2-story units in the back building, each with 2 bedrooms and 1.5 baths in an attractive townhouse-style layout. The front building is composed of 2 units, one on each floor with 2 bedrooms and 1 bath each. Transportation is very convenient with entrance to the 110 fwy right around the corner, and the 5 fwy, Dodger Stadium, and Downtown LA are just minutes away. Public transportation is also easily accessible with the Highland Park Gold Line station only half a mile away. Tenants will love being within walking distance to Figueroa where there is abundant dining, nightlife, and entertainment options such as the Highland Park Bowl, The Arroyo Club, and Lodge Room. It is also within walking distance to Hermon Park (part of Arroyo Seco Park), where there are facilities such as tennis courts and dog park, and Art in the Park. Don’t miss out on this fantastic investment opportunity in a prime location with great long-term value and upside rent potential.
$1,395,000
5241 Barker Drive Los Angeles, CA 90042
- Type:
- Duplex
- Sq.Ft.:
- 1,526
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- BB24192858
ADDITIONAL INFORMATION
An income property, a backyard bonus room and a beautifully updated main house — all framed by majestic views of York Valley — are offered at 5241 Barker Drive, a home you are destined to fall in love with. Situated on the bend of a hill, the light-filled main house spans two bedrooms and one bathroom across 966 square feet. City and nature views greet you at every door and window, plus bamboo flooring, freshly painted walls and a spacious deck at the side of the house, perfect for al fresco dining and watching fireworks during Highland Park’s spectacular 4th of July display. Across the driveway and higher up the hill is the fully permitted studio guest house / ADU (440 square feet) at 5239 Barker, which has previously rented for $2750, and includes its own spacious deck with views, Murphy bed, mini-split for heat and AC, and vintage red accents. Both the main house and ADU have their own off-street parking, allowing for two cars in each driveway. Toward the back of the yard is a prefabricated bonus room measuring 120 square feet, also with a mini-split for heat and AC, that can be used as a back office, music studio, gym — you name it! Together, the area of the three structures measures 1526 square feet and is perfect for inter-generational families, remote employees or an investor seeking multiple income units. The upgrades are numerous and include a newer roof, upgraded electrical panel, tankless water heater, new AC compressor, gutters, double-pane windows, EV charger, rebuilt sewer, and custom storage shed. This home is close to freeways and a skip and jump to Occidental College and the hippest spots on York Boulevard. With its perfect location and well organized spaces, this property is a true trophy. Come make it yours today.
$4,888,888
281 S Avenue 52 Los Angeles, CA 90042
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.68 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- CL24438803
View additional info
Courtesy: Seth Polen
ADDITIONAL INFORMATION
Lacy Real Estate is delighted to present a charming 24-unit apartment building in the red-hot Los Angeles neighborhood of Highland Park. Built in 1961, this 19,828 improvement is situated on a large 29,751 SF lot. The unit mix is comprised of 5 (1 Bed/1 Bath) Units, 18 (2 Bed/1 Bath) Units, and 1 (2Bed/2 Bath) Units.
$4,888,888
281 Avenue 52 Unit 5 Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 19,828
- Status:
- Active
- Beds:
- 43
- Lot size:
- 0.68 Acres
- Year built:
- 1961
- Baths:
- 24.00
- MLS#:
- 24438803
ADDITIONAL INFORMATION
Lacy Real Estate is delighted to present a charming 24-unit apartment building in the red-hot Los Angeles neighborhood of Highland Park. Built in 1961, this 19,828 improvement is situated on a large 29,751 SF lot. The unit mix is comprised of 5 (1 Bed/1 Bath) Units, 18 (2 Bed/1 Bath) Units, and 1 (2Bed/2 Bath) Units.
$1,100,000
327 Avenue 57 Los Angeles, CA 90042
- Type:
- Fourplex
- Sq.Ft.:
- 2,898
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- GD24186749
ADDITIONAL INFORMATION
A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42’x120’ dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit’s adjoining large laundry room is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. With unit #3 being vacant now – it’s a great opportunity for an owner occupant to move-in, a family member, or to improve the unit and bring aboard a new tenant. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opportunity in one of the city's hottest neighborhoods. Seller may consider financing a carry-back loan with a qualified buyer and optimal terms.
$1,588,888
6527 Pollard Street Los Angeles, CA 90042
- Type:
- Duplex
- Sq.Ft.:
- 2,900
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- GD24168683
ADDITIONAL INFORMATION
Charming Duplex in Coveted Garvanza District Discover an exceptional investment opportunity nestled in the heart of the historic Garvanza district. This beautifully maintained duplex offers the perfect blend of classic charm and modern amenities, all within a stone's throw of South Pasadena, Pasadena, and the trendy York Blvd. Property Highlights: Historic Preservation: Located within the HPOZ, ensuring the preservation of the neighborhood's rich architectural heritage. Prime Location: Easy access to the 110 freeway, making commutes effortless. Unit 6527: Layout: 2 spacious bedrooms and 2 full bathrooms. Features: Inviting fireplace, perfect for cozy evenings. Elegant built-in cabinets offering ample storage. Attached 1-car garage complemented by a long concrete driveway accommodating up to 3 additional vehicles. Unit 6529: Layout: 3 generous bedrooms and 2.5 full bathrooms. Features: Gourmet kitchen equipped with a 6-burner stove and a matching expansive hood, ideal for culinary enthusiasts. Driveway space accommodating up to 2 vehicles. This duplex is not just a home; it's a lifestyle. Whether you're an investor seeking a valuable addition to your portfolio or a homeowner looking for a property with rental potential, this duplex checks all the boxes. Don't miss out on this rare offering in one of LA's most sought-after neighborhoods. Schedule a viewing today and experience the unique allure of the Garvanza district firsthand!
$6,975,000
1445 Avenue 47 Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 13,424
- Status:
- Active
- Beds:
- 26
- Lot size:
- 0.35 Acres
- Year built:
- 1963
- Baths:
- 24.00
- MLS#:
- 24430563
ADDITIONAL INFORMATION
These 22 apartment units are an incredible investment opportunity cash flowing at a remarkable Current Cap Rate of 5.5% and 12.9 GRM from day one. Priced attractively at only $317k/door for fully renovated units, this property offers a significant upside potential to achieve an impressive 7.3% Cap Rate and 10.3 GRM on the proforma. This is a rare and excellent opportunity to acquire a turnkey apartment building with value-add potential in one of LA's hottest neighborhoods, Highland Park. The property features 14 fully renovated units with permits consisting of 8 units and 4 brand-new attached ADUs. Additionally, the parking soft-story retrofit has already been completed and all units are individually metered for gas and electricity, ensuring maximum efficiency in operation costs. The property features a diverse unit mix of 2 (2 bed/2 bath), 2 (2 bed/1 bath), and 18 (1 bed/1 bath) units. 14 units have been completely renovated with permits (1 vacant) and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Notably, there are Preliminary Plans for 2 additional Detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is steps away from all the hip restaurants, bars, and shops on Famous York Blvd. With its vibrant lifestyle close to Downtown Los Angeles, Highland Park has fast emerged as one of the most sought-after areas in town. The neighborhood offers easy access to entertainment venues and cultural hotspots, making it an ideal spot for young professionals and creatives seeking an urban lifestyle with all amenities nearby. For investors looking for high-quality investments in prime locations that offer long-term value potential while tapping into current trends, this property ticks all the boxes. The apartments are well-appointed with modern finishes that have been carefully curated to cater to today's discerning tenants' needs and tastes whether they be millennials or older adults seeking community living spaces that provide convenience along with style at every turn. Overall, these apartments represent an excellent investment opportunity that investors should consider taking advantage of now before it's too late!
$1,080,000
132 Avenue 56 Los Angeles, CA 90042
- Type:
- Triplex
- Sq.Ft.:
- 2,764
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- CV24160474
ADDITIONAL INFORMATION
Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!
- Type:
- Duplex
- Sq.Ft.:
- 1,052
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PW24154949
ADDITIONAL INFORMATION
Adorable Duplex in the heart of Highland Park. The 2 bedroom unit was recently fully remodeled. Some of the features of this unit include a full kitchen with subway tiles and small dining counter, hardwood floors, all stainless steel appliances, in unit washer dryer, kitchen skylight, mini-split and tankless water heater. The outdoor space includes a side-deck, rear-deck and back yard. Each detail of this remodeled unit has been considered to create a modern-industrial design. The other 1 bedroom unit has not been remodeled. Located in the Heart of Highland park! One block away from the Highland Park Metro station and just minutes away from the 110 freeway.
$4,195,000
354 Newland Street Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 8,162
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.15 Acres
- Year built:
- 2024
- Baths:
- 17.00
- MLS#:
- 24418909
ADDITIONAL INFORMATION
Onward Capital as an exclusive broker is pleased to present a brand-new 5-unit complex (2 Duplex's and large ADU) for sale. This 5-unit property features 3- detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (2) 4 bed, 5 bath units, (2) 3 bed, 3 bath units and one studio apartment.354 N Newland is a NON-RENT CONTOLLED and SPACIOUS 5-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ HIGHLAND PARK LOCATIONDELIVERED. 100% LEASED AT A TRUE 5.25% CAP. 8 PARKING SPOTS (2) PER UNIT AND 1 GARAGE! LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!
- Type:
- Duplex
- Sq.Ft.:
- 1,520
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- OC24136432
ADDITIONAL INFORMATION
2 HOMES FOR THE PRICE OF 1! Nestled in one of the most sought after neighborhoods of Los Angeles, sits these beautiful Highland Park bungalows with views of the gorgeous hillside. With 1520 square feet, this multi family property has a total 4 bedrooms and 2 bathrooms and spacious living quarters with access to the back yard. Both homes are completely fenced giving a safe space for your little ones or pets to play in the beautiful California weather. Additional storage space behind the homes accessible to both. Both units have had seismic retrofit with foundation replacement completed and recently passed REAP inspection. Think of the endless possibilities. Whether you're looking for a quaint bungalow for yourself and your family, a place to retreat from the busy LA Lifestyle, or if you're looking for a total investment property these homes will steal your heart! Property will be delivered without tenants.
$1,049,000
301 Avenue 55 Los Angeles, CA 90042
- Type:
- Triplex
- Sq.Ft.:
- 2,011
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- OC24130978
ADDITIONAL INFORMATION
PRICE REDUCTION. Welcome to 301 S Avenue 55, Los Angeles, CA 90042—a beautifully remodeled triplex in the heart of Highland Park. The front unit dazzles with modern updates and stylish finishes, offering a blend of contemporary living and classic charm. The property features a large driveway providing ample parking space and a 3-car garage with the potential for an ADU conversion. This is a rare opportunity to own a prime piece of real estate in a highly sought-after area. Perfect for investors, homeowners looking for rental income, or primary home this triplex promises both luxury and convenience. Don’t miss out on this exceptional property!
$3,712,000
144 S Avenue 55 Los Angeles, CA 90042
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- CL24406843
View additional info
Courtesy: Compass
ADDITIONAL INFORMATION
144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get 'Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 78% rental upside. At projected market rents, the property will stabilize at a 10.21% CAP and 7.66 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property with approx. 66% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact LA1 for more info.
$2,320,000
1223 Avenue 56 Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 5,794
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.29 Acres
- Year built:
- 1950
- Baths:
- 10.00
- MLS#:
- 24406869
ADDITIONAL INFORMATION
1223 N. Ave 56 is a 10-unit, value-add property situated on a spacious 12,603 SF lot, just a block north of York Boulevardthe artistic heart of Highland Park. This vibrant area is home to popular spots like Kumquat Coffee, Block Party, The York, Joy, Collage Coffee, and more. Located only 1.5 miles from Occidental College, the property can serve as an off-campus housing option. Built in 1950 and 1953, this property consists of (4) 2-bdrm. units and (6) 1-bdrm. units spread across (3) 2-story buildings, and is currently 20% vacant, offering immediate leasing potential. The property is listed at $232,000 per unit, $184 per SF of land, with a 5.29% CAP rate and a 12.14 GRM based on current rents. This property presents a notable value-add opportunity, with approximately 57% rental upside. At projected market rents, it is expected to stabilize at a 10.19% CAP rate and a 7.54 GRM. Additional property features include automatic gated entry and nine surface tandem parking spaces. 1223 N. Ave 56 is available for individual purchase or as part of a portfolio with a 16-unit property located one mile away at 144 S. Ave 55. For more information, please contact LA1.
$3,712,000
Avenue 55 Los Angeles, CA 90042
- Type:
- Other
- Sq.Ft.:
- 11,048
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.37 Acres
- Year built:
- 1961
- Baths:
- 16.00
- MLS#:
- 24-406843
ADDITIONAL INFORMATION
144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get 'Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 78% rental upside. At projected market rents, the property will stabilize at a 10.21% CAP and 7.66 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property with approx. 66% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact LA1 for more info.
$3,712,000
144 Avenue 55 Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 11,048
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.37 Acres
- Year built:
- 1961
- Baths:
- 16.00
- MLS#:
- 24406843
ADDITIONAL INFORMATION
144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get 'Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 78% rental upside. At projected market rents, the property will stabilize at a 10.21% CAP and 7.66 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property with approx. 66% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact LA1 for more info.
Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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 90042 has a population of 3,902,440. Los Angeles 90042 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 90042 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 90042 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.