Located in Leimert Park, 1952 W 39th Street is a well-maintained six-unit apartment building. Priced at a 5.23% Cap Rate, the property has upside potential to a 6.8% Cap Rate at market. Multiple capital improvements have been completed recently, including a new roof. The building is professionally managed and will be delivered with two vacancies, allowing a new owner to capture additional upside in rents. Situated in a vibrant and growing area, the property is just minutes from key landmarks such as Exposition Park, home to the California Science Center, Natural History Museum, and the iconic Los Angeles Memorial Coliseum. The University of Southern California (USC) is also nearby, offering a steady demand for housing. Additionally, the renowned Shrine Auditorium and the Crypto.com Arena (formerly Staples Center) are just a short drive away, making this an ideal location for both residents and investors.
This is an exceptional investment opportunity to own an income-generating property at the price of a single-family home. Situated on a spacious corner lot, this meticulously maintained and remodeled property includes a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom unit in the back, both fully occupied by long-term, reliable tenants, ensuring immediate and stable rental income. The property is gated for privacy, offers ample parking, and boasts a prime location near USC, Bank of California Stadium, downtown LA, museums, parks, shopping, dining, and major freeways. With low maintenance costs and significant potential for rental growth in a thriving metropolitan area, this property is ideal for both seasoned investors and first-time buyers seeking a profitable and hassle-free investment.
We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
DELIVERED WITH ONE 3-Bedroom VACANT! Move in immediately to this renovated duplex in South LA, perfect for an owner-occupant. The property features a spacious 3-Bedroom front house delivered VACANT and ready for immediate move-in - along with a small tenanted 2-Bedroom unit in the rear. Both units were beautifully renovated in 2019, featuring brand-new appliances, new rain gutters, a new heater, and updated flooring throughout. Rear unit features one indoor garage space. Situated on a corner lot with frontage on both Van Ness Avenue and 41st Drive, the property offers plenty of natural light in the main front unit. Located in a sought-after area of South LA, the neighborhood is primed for revitalization, with ongoing development in housing and retail. With excellent access to major arteries, this property offers great potential for both comfortable living and investment growth.
This fully renovated 1920s side-by-side duplex in South LA offers two spacious 2-bedroom units, each featuring approximately 860 SF of living space, making it ideal for both tenants and owner-occupants. The units have been beautifully updated with modern finishes, including remodeled kitchens with stainless steel appliances, new countertops, renovated bathrooms, and stylish laminate/tile flooring with recessed lighting. The property is gated and provides secure on-site parking, including surface parking at the front and single-car garages in the rear. Situated in a rapidly revitalizing area with increasing demand for housing and retail, it’s conveniently located just off Vernon Avenue with easy access to Western Avenue, a major North/South route, ensuring excellent transit connectivity.
This beautifully reimagined duplex investment property features a spacious 3-bedroom, 1,800 SF front house, remodeled in 2019/2020, offering an open and bright layout with a large kitchen, dining, and living area filled with natural light. Modern updates throughout include a laundry area, dishwasher, front porch, and plenty of storage space in a large attic. Additionally, there is a newly built (2019) detached studio ADU under 400 SF which offers high-quality finishes and a stylish living space. Recent upgrades to the main house include new windows, floors, kitchen, and bathrooms, as well as a new heater and water heater (2022). The property also provides secure parking with one spot per unit in a gated driveway. Ideally located just off Normandie Avenue and west of the 110 Freeway, this duplex offers easy access to major transit routes, making it a prime location for convenience and accessibility.
Rare Find:…..2 Craftsman style homes on one lot. Centrally located near USC and DTLA. Recently Remodeled ~ Front unit 3Bed/2Bath; Rear unit 2Bed/2Bath. Beautiful kitchens with granite countertops, updated bathrooms, Tile flooring in Living Rooms, Kitchens, Hallway’s and Baths, New Carpet in Bedrooms. Freshly painted interior and exterior. Uncovered driveway parking which can accommodate up to 4 cars. This is a must see!
This is the good value Add Opportunity you have been waiting for ! Perched at a quiet three lined street , half of this great income property,s units are very good condition , one unit is vacant and brand new Hard floor,all kitchen cabinet , windows repaired will rent $2600 /m . All units are separately metered ,the property is consisted of 4 efficient and solid 2 bedroom 1 bath ,Current is very much lower than market value , close to USC campus and university village , One unit is section 8. New asphalt driveway and parking lot .
Charming Duplex on a Quiet Street only a short walk away from Leimert Park and the Expo Metro line. Both units are 1 bed 1 bath, and have been well maintained with original hardwood floors and a new roof in 2006. Shaded porch entryways on the front entry of each unit really give off a charm that isn't seen often. The neighborhood shows a tremendous pride of ownership with a number of total rehabs and new construction happening all around. Detached garage located down the long driveway in the private flat backyard could be a great spot for an ADU to increase income revenue. R2 zoning per LADBS website. Tenants pay their own gas & electric. Laundry hookups in units.
Remodeled multi-family triplex. Three separate units, each featuring 2 bedrooms and 1 bathroom, totaling 6 bedrooms and 3 bathrooms across 2,431 square feet of living space. The property offers a total of 7 parking spaces, including a detached 2-car garage. On a 5,621 square foot lot, it is in close proximity to the University of Southern California, dining options, transportation, and Downtown LA, making it a desirable investment opportunity.
Prime Investment Opportunity: This exceptional 4-unit property is a rare gem in one of LA's most vibrant and fast-growing neighborhoods. With three spacious 2-bedroom, 1-bath units (1,400 sq. ft. each) and one 3-bedroom, 1-bath unit (1,600 sq. ft.), the property offers a total of nearly 5,800 sq. ft. of rentable space (HUGE). One unit will be delivered vacant, making it an ideal opportunity for an owner-occupant investor. Live in one unit while renting out the other three to cover expenses or rent all four units for a strong income-producing asset. Located just minutes from Downtown Los Angeles, USC, Exposition Park, and Jefferson Park, the property provides tenants with easy access to shopping, dining, parks, major freeways, and public transit. Exposition Park is home to the Natural History Museum, California Science Center, and the Los Angeles Memorial Coliseum, which is set to host key events for the 2028 Summer Olympics. With the Olympics bringing international attention, increased development, and heightened rental demand to the area, this property's value is poised to grow significantly. The property is also conveniently positioned near the 110 and 10 freeways, ensuring easy commutes throughout Los Angeles. Vermont Square and its surrounding neighborhoods, including Jefferson Park and Baldwin Hills, offer a unique blend of historic charm and modern vibrancy, enhancing tenant's appeal. The combination of prime location, proximity to Jefferson Park and the upcoming Olympics, rental upside, and owner-occupancy potential makes this property a standout investment. This is a rare opportunity to secure a highly sought-after income property with both immediate cash flow and long-term appreciation. Don't miss out, rare opportunities like this one don't last!
This property has multiple opportunities because the units are very large. They are one bedrooms with a separate dining room which can be kept as a dining room, used as a family room or made into a second bedroom. One of the units is currently vacant so any buyer could occupy the unit and collect income from the remaining three units or renovate the unit and bring it up to market income. The tenants are well under market rent so there is a huge upside potential. There is a communal yard area that could be used for the development or upgraded to create a beautiful shared space for the tenants to enjoy. Units also have a large balcony/yard area that adds to the value of the rentals. With the ADU ordinances, the property may be allowed to add up to two additional units but buyer to verify the possibility of adding any ADUs to the property.
Location Location Location All units are vacant Vacant Vacant . Enjoy property with all units vacant. It can be perfect for developer and owner occupied or investment. this property pass housing inspection. there might be no inspection in 4 years.
Charming Fourplex Adjacent to Historic Leimert Park This two-story, four-unit apartment building offers excellent investment potential or a perfect opportunity for an owner-user. The property includes: Top Floor: Two spacious 2-bedroom, 1-bath units (one fully rehabbed). Ground Floor: Two cozy 1-bedroom, 1-bath units (one rehabbed). The building exudes character, with lush green landscaping featuring fruit trees in both the front and back yards. At the rear, there are four single-car garages, which can generate additional rental income or be converted into an Accessory Dwelling Unit (ADU). Each unit includes a service porch with washer/dryer hookups and separate gas and electric meters. Key Highlights: Renderings for a potential 836 sq. ft. ADU have been completed. Conveniently located just minutes from Baldwin Hills, Baldwin Hills Crenshaw Plaza, SoFi Stadium, The Forum, LAX, and major freeways (10 & 110). Important Details: The property is being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, or other information provided by the seller or public records. Buyers should independently verify all information through inspections and appropriate professionals. This rare opportunity in an unbeatable location won’t last!
DREAM INVESTMENT OPPORTUNITY ADJACENT TO USC This stunningly rehabbed fourplex offers 3,770 sq. ft. of modern living space, with soaring high ceilings that create a chic, loft-like vibe in every unit. Located just minutes from USC, this property is perfectly positioned for easy access to schools, transportation, shopping, and freeways. Breakdown of Units: 2 x 3 bed / 2 bath (downstairs) 1 x 1 bed / 2 bath (upstairs) 1 x 1 bed / 1 bath (upstairs) A prime investment or owner-occupy opportunity in a fantastic location. ?All units are fully occupied, generating a gross income of $8,000 monthly. Located on a gated 40 x 136 lot, this property offers privacy and convenience, with alley access and gated rear parking. Key Features: 4 Separate Gas & Electric Meters. Perfect for Owner-Occupants & Investors, VA & FHA Financing Welcomed. This is your chance to secure a property that offers steady income or become a homeowner while generating rental income. ? ?Contact us today to schedule a viewing. Don’t miss out on this incredible opportunity!? ? ?
Wonderful DUPLEX Home in a great area needs a new family. This Move in ready home comes with fresh paint, new flooring, windows, kitchen and bathroom. The open floor plan gives this home an airy feeling. The front house is a 3BED + 1 Bath and the Back detached home is a 1Bed + 1Bath with attached 1 car Garage and has separate parking for an additional vehicle.
This is well-maintained property. entire new roof replacement in year 2022, new pipes installed, upgraded kitchen and bathroom of middle unit. A rare opportunity to own a stable rental property of corner lot. Total three units on a quiet street near USC, LAFC Stadium, the Natural History Museum, and the Science Center. Zoned LARD2, the property includes two buildings with a total of three units, featuring recent upgrades such as a new roof, updated bathrooms, and flooring. Unit 1: 2 bedrooms, 1 bathroom, Unit 2: 2 bedrooms, 1 bathroom, Unit 3: 1 bedroom, 1 bathroom, with a one-car garage and a separate address at 3972 Dalton Ave. With stable tenants and a 6.5% cap rate, this property is an excellent investment. Additionally, the owner is in the process of applying for permits to reconfigure the units into one 2-bedroom unit, one 4-bedroom unit, and one 3-bedroom unit. Once completed, the reconfiguration is projected to increase the cap rate to over 8%, making this property an even more attractive Please DO NOT disturb tenants.
***Priced to Sell*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.
EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! Owner willing to assist with relocation-inquire with listing agent for details. This terrific well maintained Craftsman-style triplex with great curb appeal is located near USC/Exposition Park. It consists of two separate structures - front duplex with two large side by side two story units, each with two bedrooms and one and a half bathrooms and about 1,090sf. And one detached one bedroom and one bathroom unit in the back above three single car garages. The units are separately metered for gas and electricity. Each unit has it's own water heater. All units have washer/dryer inside. There are three one-car garages and additional parking for about 6 cars. Recent capital improvements include copper plumbing. The property provides huge 35% upside potential in rents and low maintenance. Fantastic location near USC, LA Memorial Coliseum, Exposition Park, SoFi Stadium, Downtown LA Live Hub, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to 10 and 110 freeways. All units are tenant occupied and will be delivered tenant occupied. All tenants are Section 8. DRIVE BY ONLY, offers subject to interior inspection. Please DO NOT disturb tenants.
Investor or Owner User Opportunity to purchase this well-maintained 4-unit building with great curb appeal, in an excellent location. All units are 2 bedrooms and 1 bath, 2 units up and 2 down All units are currently occupied and generate approx$ 82,000 annual gross revenue. One unit was recently upgraded the other 3 in good condition. All kitchens have granite countertops, wood laminate flooring, bathrooms updated a few years ago, large off-street parking lot with space for approx. 8 cars, low maintenance building with good tenants, close to the L. A. Coliseum, USC campus, and Natural History Museum, Seller intends to do a 1031 Exchange at no cost to buyer Showing Remarks: Please do not disturb tenants or go on site without lisitng agent. Inside with an accepted offer. Call LA 1 or LA 2 Call for more info. Seller intends to do a 1031 exchange at no cost to buyer. Agent/buyer to verify all property information including sq footage and lot size.
***Priced to Sell*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.
Charming Duplex Close to USC with ADU Plans !! Welcome to this fantastic investment opportunity! This well-maintained duplex features two units, each boasting two bedroom and one bathroom. Perfectly situated just 8 minutes from University Of Southern California ( USC). Each unit comes with its own dedicated parking space, providing convenience and peace of mind. The layout is designed to maximize space and natural light, creating an atmosphere that residents will love coming home to. Additionally there are exciting plans in place for an Accessory Dwelling 2 units with additional 1400 square feet ( ADU) with an onsite laundry facility, offering even more potential for rental income. With its prime location and potential for further development this duplex is a smart investment for those looking to capitalize on the rental market. Don't miss your change to won't this versatile property. Please Note This Property to be sold together with 1943 W 39th St L.A 90062
Welcome to this fantastic investment opportunity This well maintained quadruples feature four spacious unit each boasting two bedroom and one bathroom. Perfectly situated near shopping and 8 minutes from major university in the area. Each unit comes with its own dedicated parking space, providing convenience . The layout is designed to maximize space and natural light creating an inviting atmosphere for residents to come home to. Additionally, there are exciting plans in place for an Accessory Dwelling unit ( ADU) with additional 1400 square feet , two units, and a laundry room. for additional income. The Potential for further development , quadruplex is a smart investment or those looking capitalize on n the thriving rental market. This quardruplex is to be sold together with duplex located at 3886 S Van Ness. property *1031 Exchange
Seize a remarkable investment opportunity with this Spanish-style duplex, perfectly situated in a vibrant and rapidly developing community! This property features two spacious front units, each with 2 bedrooms and 1 bathroom, along with three garages at the rear. Located in a high-demand area poised to be a focal point for the 2028 Olympics, this duplex is conveniently close to schools, USC, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. Whether you're an investor or a homeowner eager to create your dream space, this property offers blank canvas for your vision. Don't miss the chance to transform a property in one of the most sought-after cities in the world! KEY FEATURES-TWO GENEROUSLY SIZED UNITS-Each uni provides ample living space, ideal for tenants or personal use. RENOVATION READY- Unleash your creativity! This duplex is primed for a makeover, allowing you to customize interiors to modern tastes and maximize rental income. FLEXIBLE TENANT OPTIONS- Current tenants are in place, but the seller is open to relocating them, giving the buyer the opportunity to enhance the property's value or start fresh.
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 90062 has a population of 3,902,440. Los Angeles 90062 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 90062 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 90062 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.