Los Angeles CA Multi Family for Sale

ADDITIONAL INFORMATION

Offering a prime opportunity to own an investment property in one of LA's most coveted neighborhoods with loads of potential to expand. The light filled upstairs 2 + 1 unit features hardwood floors & cute updated kitchen & bathroom plus with spacious outdoor patio overlooking the lush front yard & Franklin Hills flanking the Silver Lake Reservoir (may be delivered vacant). The larger downstairs 2 + 1 unit offers a large kitchen with saltillo tile floors & both formal living and dining rooms that open onto a wood deck and yard with views beyond of the San Gabriel Mountains (vacant Aug 1). Below the lower unit is an un-permitted bonus space with laundry hookups that is shared by both units. The parklike yard boasts mature trees & thriving bushes above the two car garage. Buyer to verify the building potential provided by FliPro Co. in Documents.

ADDITIONAL INFORMATION

2200 Thurman Ave is a 75% leased, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.43% cap rate. These units have gotten massive demand from high quality tenants due to it's stand out design and unbeatable floorplans. Located next to the trendy Culver City Arts District, this property is just minutes from the trendies shops, galleries, and restaurants—making it a highly desirable investment. With a projected gross income of $264,000/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. Three of the 4-bedroom units are leased at rates of: $5,600/month for the two larger units and $5,400/month for the smaller unit. The remaining unit is projected to lease at $5,400/month. These units leased quickly even during the holidays! The property offers tri-level 4-bedroom, 4-bathroom townhomes, with massive balconies, high ceilings, and premium finishes. The building spans 8,202 sqft, with an excellent price per square foot of $450.50. 8 parking spots are secured behind a gate, adding to the property’s appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builder’s warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Don’t miss this opportunity to own a high-return property in one of LA’s most desirable neighborhoods. Contact us today to schedule a showing!

ADDITIONAL INFORMATION

This is the opportunity that doesn't exist anymore! Fully occupied triplex located in the County of LA's East LA neighborhood of City Terrace. This property is not subject to LA CITY RENT CONTROL RULES. Perfect opportunity to buy an income property and either keep it rented, occupy it or both. There is plenty of space on the 5,661 sq ft lot for expansion ( buyer to verify). All three units park on the street as the property does not have the potential for parking. Owners still have to obtain the certified letter from probate court in order for sale to be able to close. Property is being sold with all three tenants in place.

ADDITIONAL INFORMATION

Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. 65 units plus one large ground floor retail/ office/ live work space.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Welcome to your dream home! Beautifully remodeled single-family home with an additional dwelling unit (ADU) situated on a desirable corner lot. The main house boasts 1,229 sqft with 3 bedrooms and 2 bathrooms, featuring modern finishes and a gated front yard for added privacy. Complementing the main residence is a brand-new 1,038 sqft ADU, also with 3 bedrooms and 2 bathrooms on top of a 3 car garage. The property includes a 237 sqft separate unit, perfect for a home office or studio. Centrally located just 15 minutes from downtown Los Angeles and close to schools and parks, this stunning property is ideal for families and investors alike. Don't miss out on this income-producing gem!

ADDITIONAL INFORMATION

We are pleased to present a triplex located in a good South Central location consisting of mainly two bedroom units. There is tremendous rental upside potential. There is potential to add ADUs in the rear of the property.

ADDITIONAL INFORMATION

We are pleased to present a triplex in a good South Central location. The property has a great unit mix with potential to add ADUs in the rear of the property. Located in an opportunity zone the property is also eligible for an ED1 development.

ADDITIONAL INFORMATION

**Upstairs unit is vacant. Downstairs unit will be vacant 1/31. Property to be delivered fully vacant.***A truly unique Spanish duplex nestled in the heart of Silver Lake. This exceptional property offers a rare opportunity for both owner-occupiers and investors. The duplex features a spacious two-story 3-bedroom/2-bath unit downstairs and a charming 2- bedroom/1-bath unit upstairs. Both units are adorned with beautiful hardwood floors, flooded with natural light, with their own 1-car garage. Situated on one of Silver Lake's premier streets, this property promises a serene living experience in a highly sought-after neighborhood, close to the reservoir and all of Silver Lake's vibrant amenities.Inside, residents will fall in love with the timeless appeal of original hardwood flooring, Batchelder-type decorative fireplaces, and authentic moldings reminiscent of vintage LA apartments. The large backyard, with its mature fruit trees, rose bushes, and a balcony, creates a sense of home and sanctuary. Located just 0.2 miles from Sunset Blvd, this property is perfectly positioned to embrace the vibrant energy of the Hollywood-Silver Lake area. Its transit-friendly and walkable location provides easy access to a plethora of entertainment venues, cultural attractions, and dining options, enriching the residential experience. With its prime location and promising income potential. This is an attractive investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation. It is also ideal for owner-occupiers looking for a private residence with the advantage of rental income. Gas and electrical utilities are separately metered for convenience. Don't miss this opportunity to own a piece of Silver Lake's charm and character.

ADDITIONAL INFORMATION

4-Unit Turnkey property to be delivered FULLY VACANT by close of escrow. Updated electrical and new copper plumbing. The building features one 2- bed/1-bath unit and three 1-bed/1-bath units, with all 4 units delivered vacant, offering a prime opportunity for an investor or owner-occupier. 4 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate jumps from an already attractive 8.26% to an impressive 13.31%, offering substantial returns. For investors, this is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, it’s a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Don’t miss this rare chance to maximize value in a sought-after area!

ADDITIONAL INFORMATION

Huge Price Reduction! 100% Fully Renovated & 100% Occupied 18-unit apartment building with permits cash flowing at an amazing 6.5% Cap Rate and 11.3 GRM from day 1! All the units have already been leased at full market rents for +$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective ~7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities and modern fixtures along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

ADDITIONAL INFORMATION

Gorgeous duplex in the city of Hollywood. Fully remodeled units, Featuring 2 bedrooms and 2 bathrooms in each unit, Stainless steel appliances, wooden floors throughout. The duplex offers spacious living areas designed for comfort and style. Meticulously renovated to the highest standards, each unit of this duplex exudes modern luxury and sophistication. A unique feature of this property is the garage, offering potential for an Additional Dwelling Unit (ADU), providing versatility and added value to this already exceptional property. Whether you're looking for a luxurious residence or a savvy investment opportunity, this Hollywood duplex is sure to exceed your expectations.

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,448 rentable square feet on a 6,800 square foot lot, consisting of (2) 3-bedroom + 3-bathroom units, (2) 4-bedroom + 3-bathroom units, and (1) 1-bedroom + 1-bathrom unit. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $25,348/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $27,000/month. The investment is priced at a current 6.45% Cap Rate & 12.6x GRM.

ADDITIONAL INFORMATION

Combining character with quality in a prime location, this lovely Cape Cod style apartment represents a solid investment opportunity for anyone looking to purchase real estate on the Westside. The spacious, well-appointed units feature fireplaces, updated kitchens and bathrooms, as well as French door panels and large, well-maintained closet spaces. Tenants enjoy convenient access to public transit, entertainment, shopping, and dining as well as a number of schools in the surrounding area. The Expo Line's Sepulveda station, located just four blocks away, makes it easy to travel by rail to USC, Downtown Los Angeles, and the Santa Monica Promenade. The area is ideal for students attending Santa Monica College or UCLA, as the local Metro and Big Blue Bus systems operate nearby routes to and from the campuses. Just a short distance east on Pico Boulevard UCLA acquired the 700,000 SF former Google Headquarters at Westside Pavilion. They will operate their Quantum Science and Engineering Depts there. Sawtelle Japan town, located several blocks north of the property is another popular dining and shopping destination in the area. It features many well-established sushi bars, ramen houses, and Japanese boutique stores. For day-to-day shopping Ralph's and Trader Joe's groceries stores are located nearby. Situated between some of the most desirable areas of the Westside such as Santa Monica, Rancho Park, Westwood, Palms, and Mar Vista, this property presents a prime opportunity for investors that is sure to generate increased revenue and appreciation

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,524 rentable square feet on a 6,388 square foot lot, consisting of (5) 3-bedroom + 3-bathroom units. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $26,371/month. There's approximately 10% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 17-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 4,931 rentable square feet on a 7,217 square foot lot, consisting of (3) 3-bedroom + 3-bathroom units, and (2) 4-bedroom + 3-bathroom units. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $27,038/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $29,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.

ADDITIONAL INFORMATION

Proudly presenting this remarkable pride of ownership. LOCATION, LOCATION, LOCATION!!! Situated right next to Miracle Mile in a popular, high rental demand area. Ideal 4-unit property with amazing potential. All four 1-bed 1-bath units are spacious and can easily be converted to 2-bed units. All units have laundry hookups in-unit and each unit has its own garage space. Potential gold mine with the possibility to add value by building four ADUs.

ADDITIONAL INFORMATION

JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the "Property" or "641 Hobart"); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments. Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city's vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Caf Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.

ADDITIONAL INFORMATION

This charming Craftsman-style duplex, set on a spacious 6,500 SF lot, boasts a prime location near Sunset Center, Echo Park, and Silver Lake, with breathtaking views of The Observatory and The Hollywood Sign. The property features a 2-bed, 1-bath front house with a sunroom and a 1-bed, 1-bath back house, offering an excellent owner-user opportunity to live in one unit while generating rental income from the other. Zoned LARD2, it also presents enticing development potential for future projects. The property can be delivered 100% vacant at close of escrow. Conveniently located near popular East Hollywood restaurants, bars, and shops, it offers easy access to the 101 Freeway and proximity to Los Angeles' major employment hubs.

ADDITIONAL INFORMATION

We are pleased to present a triplex located in a good South Central location consisting of mainly two bedroom units. There is tremendous rental upside potential. There is potential to add ADUs in the rear of the property.

ADDITIONAL INFORMATION

We are pleased to present a triplex in a good South Central location. The property has a great unit mix with potential to add ADUs in the rear of the property. Located in an opportunity zone the property is also eligible for an ED1 development.

ADDITIONAL INFORMATION

**Upstairs unit is vacant. Downstairs unit will be vacant 1/31. Property to be delivered fully vacant.***A truly unique Spanish duplex nestled in the heart of Silver Lake. This exceptional property offers a rare opportunity for both owner-occupiers and investors. The duplex features a spacious two-story 3-bedroom/2-bath unit downstairs and a charming 2- bedroom/1-bath unit upstairs. Both units are adorned with beautiful hardwood floors, flooded with natural light, with their own 1-car garage. Situated on one of Silver Lake's premier streets, this property promises a serene living experience in a highly sought-after neighborhood, close to the reservoir and all of Silver Lake's vibrant amenities.Inside, residents will fall in love with the timeless appeal of original hardwood flooring, Batchelder-type decorative fireplaces, and authentic moldings reminiscent of vintage LA apartments. The large backyard, with its mature fruit trees, rose bushes, and a balcony, creates a sense of home and sanctuary. Located just 0.2 miles from Sunset Blvd, this property is perfectly positioned to embrace the vibrant energy of the Hollywood-Silver Lake area. Its transit-friendly and walkable location provides easy access to a plethora of entertainment venues, cultural attractions, and dining options, enriching the residential experience. With its prime location and promising income potential. This is an attractive investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation. It is also ideal for owner-occupiers looking for a private residence with the advantage of rental income. Gas and electrical utilities are separately metered for convenience. Don't miss this opportunity to own a piece of Silver Lake's charm and character.

ADDITIONAL INFORMATION

Huge Price Reduction! 100% Fully Renovated & 100% Occupied 18-unit apartment building with permits cash flowing at an amazing 6.5% Cap Rate and 11.3 GRM from day 1! All the units have already been leased at full market rents for +$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective ~7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities and modern fixtures along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

ADDITIONAL INFORMATION

Gorgeous duplex in the city of Hollywood. Fully remodeled units, Featuring 2 bedrooms and 2 bathrooms in each unit, Stainless steel appliances, wooden floors throughout. The duplex offers spacious living areas designed for comfort and style. Meticulously renovated to the highest standards, each unit of this duplex exudes modern luxury and sophistication. A unique feature of this property is the garage, offering potential for an Additional Dwelling Unit (ADU), providing versatility and added value to this already exceptional property. Whether you're looking for a luxurious residence or a savvy investment opportunity, this Hollywood duplex is sure to exceed your expectations.

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,448 rentable square feet on a 6,800 square foot lot, consisting of (2) 3-bedroom + 3-bathroom units, (2) 4-bedroom + 3-bathroom units, and (1) 1-bedroom + 1-bathrom unit. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 year, with a gross income of $25,348/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $27,000/month. The investment is priced at a current 6.45% Cap Rate & 12.6x GRM.