Los Angeles CA Multi Family for Sale
$5,975,000
Council Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 8,677
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.18 Acres
- Year built:
- 1923
- Baths:
- 18.00
- MLS#:
- 25-478099
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.
$1,600,000
Wilton Pl Los Angeles, CA 90038
- Type:
- Other
- Sq.Ft.:
- 1,800
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1921
- Baths:
- 4.00
- MLS#:
- 25-478041
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.
$3,625,000
35th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 5,448
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.16 Acres
- Year built:
- 2022
- Baths:
- 13.00
- MLS#:
- 25-477833
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.
$3,925,000
36th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 5,524
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.15 Acres
- Year built:
- 2019
- Baths:
- 15.00
- MLS#:
- 25-477811
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.
$3,995,000
36th Pl Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 4,931
- Status:
- Active
- Beds:
- 17
- Lot size:
- 0.17 Acres
- Year built:
- 2018
- Baths:
- 15.00
- MLS#:
- 25-477767
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.
$6,800,000
Hobart Blvd Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- 16,035
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.17 Acres
- Year built:
- 2023
- Baths:
- 22.00
- MLS#:
- 25-477669
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.
$898,000
30th St Los Angeles, CA 90018
- Type:
- Other
- Sq.Ft.:
- 1,750
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1949
- Baths:
- 2.00
- MLS#:
- 24-473409
ADDITIONAL INFORMATION
Beautiful duplex on X-large LARD3 corner lot with great potential to add units and income. This property has a detached two car garage and a large undeveloped area ready for adding 2 ADU units (per seller's preliminary inquiries to LADBS and HPOZ; to be verified by buyer). The duplex is located in Jefferson Park Historic District (HPOZ). Each unit has a laundry area and a pretty garden and grassy area. Unit at 2611 W 30th was renovated a few years ago (see interior photos). Property will be sold 'tenants occupied' and in 'As Is' condition. Drive by only, please Do Not Disturb the current tenants.
$3,850,000
1256 Adams Boulevard Los Angeles, CA 90007
- Type:
- Triplex
- Sq.Ft.:
- 5,103
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- PW25003449
ADDITIONAL INFORMATION
We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students. The property consists of 3 units and 15 bedrooms - one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414. Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market. The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership. Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.
- Type:
- Cluster
- Sq.Ft.:
- 1,750
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1949
- Baths:
- 2.00
- MLS#:
- 24473409
ADDITIONAL INFORMATION
Beautiful duplex on X-large LARD3 corner lot with great potential to add units and income. This property has a detached two car garage and a large undeveloped area ready for adding 2 ADU units (per seller's preliminary inquiries to LADBS and HPOZ; to be verified by buyer). The duplex is located in Jefferson Park Historic District (HPOZ). Each unit has a laundry area and a pretty garden and grassy area. Unit at 2611 W 30th was renovated a few years ago (see interior photos). Property will be sold 'tenants occupied' and in 'As Is' condition. Drive by only, please Do Not Disturb the current tenants.
- Type:
- Triplex
- Sq.Ft.:
- 1,921
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- DW24209007
ADDITIONAL INFORMATION
Discover a unique investment opportunity with this triplex located at 547 W 43rd Street, just 0.7 miles from Exposition Park/USC. Available public transportation, such as the Metro K Line, Expo Line, Metro Bus line and nearby 110 Harbor Freeway on/ off ramps.
- Type:
- Duplex
- Sq.Ft.:
- 1,802
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- PW25003364
ADDITIONAL INFORMATION
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.
- Type:
- Duplex
- Sq.Ft.:
- 1,693
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- PW25003300
ADDITIONAL INFORMATION
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.
- Type:
- Duplex
- Sq.Ft.:
- 2,189
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1911
- Baths:
- MLS#:
- PW25003235
ADDITIONAL INFORMATION
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.
$1,079,900
305 Mott Street Los Angeles, CA 90033
- Type:
- Fourplex
- Sq.Ft.:
- 2,421
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- WS25003223
ADDITIONAL INFORMATION
This duplex is located in the quiet, safe and friendly neighborhood of Boyle Heights area of Los Angeles, very convenient location, couple minutes away to free way 10, 5 and 60. The property has four separate units, one unit has two-bedroom, one bath, other three units have one-bedroom, one bath. All roofs have been renovated and all exterior walls are new painted, front and back yards have been rebuild. The property is located on a corner lot, it is a good choice for an investment!
$2,049,000
1016 Waterloo Street Los Angeles, CA 90026
- Type:
- Duplex
- Sq.Ft.:
- 3,328
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- SR24217083
ADDITIONAL INFORMATION
Welcome to this beautifully restored Duplex Craftsman home in the heart of Echo Park, where timeless charm meets modern living. This property features two spacious units, each offering its own distinct character and appeal. The first unit, at 1018 Waterloo St., includes 5 bedrooms and 3 bathrooms, boasting a remodeled kitchen with granite countertops, stainless steel appliances, and updated bathrooms. A second-floor terrace offers stunning downtown views, making it the perfect space for relaxation or entertaining. The second unit, located at 1016 Waterloo St., is legally listed as a 5-bedroom unit by the tax assessor but currently shows 4 bedrooms and 3 bathrooms. It features an open floor plan with coffered ceilings and craftsman wainscoting, classic details that add warmth and charm to the home. Modern upgrades include abundant recessed lighting and new electrical systems, blending contemporary convenience with vintage appeal. The inviting front porch sets a welcoming tone for the property, ideal for enjoying morning coffee or chatting with neighbors. Inside, both units have floor plans that flow seamlessly. The living room, featuring a gas-burning fireplace framed by a classic mantel and wood details, connects effortlessly to the spacious family room and dining area—perfect for gatherings. The remodeled kitchens in both units maintain their vintage charm while incorporating modern touches, and the updated bathrooms add a luxurious feel. Expansive terraces, part of the 2023 permitted additions, offer breathtaking downtown views, providing the perfect spot to enjoy sunsets. This property is ideal for a growing family or for hosting guests. In a neighborhood where parking is scarce, the secured space for up to 8 cars is a rare and valuable feature. Located in a highly walkable neighborhood (with a 95/100 Walk Score), this home is near Echo Park Lake, Dodger Stadium, Sunset Junction, and just a 5-minute Uber ride to Downtown LA. Delivered without occupants, the units are separately metered, providing flexibility for an owner-occupant or an incredible opportunity for investors to maximize cash flow through rental income. Whether you’re looking for a forever home or a smart investment, this duplex offers the best of both worlds—low-maintenance living in one of LA’s most desirable neighborhoods. Don’t miss the chance to own a piece of Echo Park’s charm with modern conveniences!
- Type:
- Duplex
- Sq.Ft.:
- 1,540
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PW25003056
ADDITIONAL INFORMATION
Don't miss this Fully Renovated South LA Duplex near USC Remodeled in 2017/2018 ideal for an investor or Developer. The units feature new stainless steel appliances, countertops, bathrooms, laminate/tile flooring, and window, walk-in closets, LED recessed lighting, and laundry rooms in the main unit. Secured Parking: Newly constructed gravel parking with 1 spot per unit. The property is Zoned R2-1-O-CPIO and is situated on a 5,616 SF lot with potential for re-development (Buyer to Verify).
- Type:
- Duplex
- Sq.Ft.:
- 2,582
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- SB25002923
ADDITIONAL INFORMATION
A Rare Gem – First Time on the Market in Nearly 40 Years! Don’t miss this incredible opportunity to own a charming duplex in the heart of Los Angeles! The front unit boasts over 1,300 sq. ft. of living space, including a delightful enclosed porch, adding to the charm of this quaint bungalow. With 3 spacious bedrooms and 1 full bath, this unit perfectly blends comfort and character. The rear unit, spanning over 1,200 sq. ft., is equally impressive with its two-level design. Featuring 3 bedrooms and 1.5 baths, all bedrooms are located on the upper level, offering privacy and functionality. Conveniently located just minutes from Exposition Park, USC, SoFi Stadium, stunning beaches, and countless other attractions, this property is perfectly positioned for both enjoyment and investment potential. Whether you're looking for a family home with additional income potential or an investment property, this rare opportunity won’t last long. Let’s make it yours today!
$3,050,000
5737 Lexington Avenue Los Angeles, CA 90038
- Type:
- Cluster
- Sq.Ft.:
- 10,292
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1927
- Baths:
- 20.00
- MLS#:
- 25477487
ADDITIONAL INFORMATION
We are pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood located north of Santa Monica Blvd between N Van Ness Ave & Wilton Pl. The property features a unit mix of 20 singles; renovated units include hardwood floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 5.92% CAP rate at 9.12 GRM on current income with an additional 16% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, intercom, common area paint & lighting fixtures, lobby tile flooring, refinished hallway flooring, outdoor furniture, exterior facade paint, and water heater. The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers. High Walk Score of 87, the property is less than a mile from the Metro Red Rail Line, and walking distance to Metro Local Lines along Santa Monica Blvd & Western Ave. This neighborhood of Koreatown is ideally located with a short commute to Los Feliz, West Hollywood, and Koreatown; easy access to the 101 Freeway via Western Ave.
$4,950,000
205 Kenmore Avenue Los Angeles, CA 90004
- Type:
- Cluster
- Sq.Ft.:
- 15,408
- Status:
- Active
- Beds:
- 30
- Lot size:
- 0.17 Acres
- Year built:
- 1925
- Baths:
- 30.00
- MLS#:
- 25477473
ADDITIONAL INFORMATION
We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.
$7,000,000
915 Carondelet Street Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 31,500
- Status:
- Active
- Beds:
- 22
- Lot size:
- 0.43 Acres
- Year built:
- 1914
- Baths:
- 48.00
- MLS#:
- 25477465
ADDITIONAL INFORMATION
We are pleased to present 915 S Carondelet St, a 48-unit multifamily investment opportunity in the Westlake neighborhood of Los Angeles located three blocks south of MacArthur Park between S Hoover St & James M Wood Blvd and just east of Koreatown. Unique opportunity that includes the adjacent lot, currently used for parking with 18 spaces; the lot totals 6,000 SF zoned R4-1 in a Tier 3 TOC. The building features a unit mix of one bachelor, 33 singles, six one bedrooms and eight two-bedrooms; renovated units include refinished hardwood floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans; many of the units feature exposed brick. At the asking price, the property is being offered at a 5.64% CAP rate at 9.01 GRM on current income with an additional 28% rental upside achievable as units turn through continued interior renovations. The property has a secured, gated entrance with intercom access and security cameras; common areas are well-kept and there is a community laundry room. High Walk Score of 94, the property is one mile from the Metro A-E Rail Lines, and walking distance to multiple Metro Local Lines along S Hoover St & W 8th St. This neighborhood of Westlake is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Koreatown.
- Type:
- Cluster
- Sq.Ft.:
- 6,536
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.15 Acres
- Year built:
- 1954
- Baths:
- 10.00
- MLS#:
- 25477341
ADDITIONAL INFORMATION
Amazing Current Cap Rate of 7.3% and 10 GRM with 43% upside to 11% Cap Rate and 7.2 GRM on proforma! Value-Add 10-unit building with 6 Fully renovated units priced at only $220k/door and $336/SF plus Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 183k/unit, 10% Cap Rate, and 7.7 GRM on Current with upside to 14% Cap Rate and 5.8 GRM on Proforma after ADUs. All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. RTI plans to add 2 Attached ADUs in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 6 units have been fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
$3,995,000
5952 Benner Street Los Angeles, CA 90042
- Type:
- Cluster
- Sq.Ft.:
- 9,805
- Status:
- Active
- Beds:
- 22
- Lot size:
- 0.41 Acres
- Year built:
- 1959
- Baths:
- 14.00
- MLS#:
- 25477401
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. 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.
- Type:
- Cluster
- Sq.Ft.:
- 1,846
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1937
- Baths:
- 3.00
- MLS#:
- 25477221
ADDITIONAL INFORMATION
Investment opportunity in the heart of Los Angeles, also known as 7301 Towne Ave. This property is situated on a large corner lot and features a single-family home and a duplex, offering three units in total. With its desirable R2 zoning, this property presents incredible potential for adding value, whether through upgrading the existing units, increasing rents to market rates, or developing an ADU. With a 4% cap rate, this property is perfect for investors seeking steady returns with room to grow. The spacious corner lot allows for creative development opportunities, making it an ideal choice for those looking to maximize income potential or create additional living spaces. Located in a convenient area close to schools, parks, and public transportation, this property combines solid investment fundamentals with the opportunity to enhance its value.
$1,999,900
6381 6th Street Los Angeles, CA 90048
- Type:
- Cluster
- Sq.Ft.:
- 4,528
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.14 Acres
- Year built:
- 1929
- Baths:
- 6.00
- MLS#:
- 25477319
ADDITIONAL INFORMATION
** Owner & Tenant Occupied. Lower unit is available to show with 48 hr notice. ONLY the lower unit will be delivered vacant at the close of escrow** Located in the heart of Beverly Grove, 6381 W 6th Street is a Spanish-style duplex. Situated on a corner lot with easy access to the garage from La Jolla Ave. Upstairs is a 3 Bed 2 Bath Downstairs is a 3 Bed 3 full Baths. Both units include: spacious living rooms with a fireplace, arched doorways, original hardwood floors and large windows bringing in tons of natural light. Lower unit kitchen has been updated with large island - both kitchens have plenty of storage. The primary bedrooms have large ensuite bathrooms with soaking jacuzzi tubs & a separate shower. Downstairs unit dining has been converted with private entrance through french doors. The property includes a 6-car garage, providing ample parking and storage space. There's the potential to convert part of the garage into a bonus studio or ADU, offering even more versatility and value.
$2,899,995
3636 Mentone Avenue Los Angeles, CA 90034
- Type:
- Cluster
- Sq.Ft.:
- 6,774
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.17 Acres
- Year built:
- 1957
- Baths:
- 8.00
- MLS#:
- 25476853
ADDITIONAL INFORMATION
This 8-unit multi-family property is located in the highly sought-after Palms area, offering an incredible opportunity to own an appreciating property in a vibrant and upcoming neighborhood. The units feature a mix of spacious 1- and 2-bedroom layouts, some renovated with sleek granite countertops, new cabinetry, and stylishly remodeled bathrooms. Hardwood floors and recessed lighting enhance the light and airy interiors, creating a comfortable and inviting atmosphere. Nestled between vibrant Venice Blvd and Palms Blvd, the property is just a short stroll from the bustling shops, cafes, and restaurants of Downtown Culver City, known for its lively nightlife, cultural attractions, and entertainment options. This prime location attracts professionals and families alike, ensuring high rental demand and long-term appreciation.On-site amenities include convenient laundry facilities and easy access to public transportation and major freeways, making it an ideal choice for residents seeking both convenience and comfort. With its blend of upgrades, charm, and unbeatable location, this property is a rare opportunity for investors looking to maximize value and long-term returns in one of LA's most desirable neighborhoods.
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 $1,050,000. 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 $1,050,000. 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 has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% 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 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 is 36.2 years.
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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.