Los Angeles CA Multi Family for Sale
$3,695,000
713 Gramercy Place Los Angeles, CA 90038
- Type:
- Fourplex
- Sq.Ft.:
- 7,554
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- BB24215884
ADDITIONAL INFORMATION
713 N Gramercy Pl is an ultra-premium 2024 Opportunity Zone fourplex located just steps away from the vibrant Larchmont Village, with its trendy shops, restaurants, and conveniences along Larchmont Blvd. You'll also be minutes from the iconic Paramount Studios and have easy access to the 101 Freeway- a major draw for high-end tenants! This property is ready for immediate closing and can be delivered vacant or leased—an ideal opportunity for 1031 exchange buyers and Opportunity Zone investors. This fourplex consists of four impressive 4-bedroom, 4-bathroom tri-level townhome-style units, each boasting huge decks off the living spaces and bedrooms. With 10 parking spots (6 garage and 4 exterior), this property offers an unheard-of parking advantage in the area. The unbeatable location, combined with upscale, modern units and fantastic outdoor space with city views, ensures quick, easy rentals. These premium townhomes feature expansive, tenant-friendly kitchens and living rooms, designer tiles and stones, and include all kitchen appliances. Noteworthy features include massive balconies with Hollywood Sign views, modern soft-close cabinets, 10 ft high ceilings, huge walk-in closets, balconies off both living spaces and bedrooms, and countless windows for maximum light. The interiors are finished with natural wood waterproof vinyl flooring, marble waterfall islands, and sleek black hardware. In addition to high returns, buyers will enjoy numerous perks: tons of parking, beautifully designed drought-tolerant landscaping, a 1-year builder’s warranty, brand new everything, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability for years to come. Once fully leased, we project a solid 5.44% cap rate and $200,959 in yearly gross rent. Call now to lock this up before it's gone!
$1,399,000
1379 Orange Drive Los Angeles, CA 90019
Open House:
Sunday, 11/17 1:00-3:00PM
- Type:
- Cluster
- Sq.Ft.:
- 2,111
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1924
- Baths:
- 2.00
- MLS#:
- 24456215
ADDITIONAL INFORMATION
**NEW PRICE** Owner-user opportunity in Wilshire Highlands with one unit delivered vacant. On a serene, tree-lined block find this sweet side-by-side duplex showcasing true pride of ownership in every corner. Awash with natural light and graciously scaled, both units meld character details with modern conveniences. Updated baths and kitchens boast timeless white subway tile, Carrara marble countertops, and stainless appliances. Living rooms are adorned with dramatic archways and handsome Batchelder tile decorative fireplaces, while dining rooms feature built-ins and coved ceilings. Delight in original hardwood floors and newer double-pane windows throughout both units. The shared outdoor space is a true haven and respite from the hustle and bustle of the city, a kaleidoscope of deep pink bougainvillea, green grass, white citrus blossoms and lavender sprigs. HVAC, electrical, roof, and foundation retrofitting and bolting are all relatively new. Each unit enjoys the benefit of dedicated laundry. Newer remote-controlled driveway gate provides an added sense of security, plus also find pre-wiring for an electric car charger in the garage. All this a stone's throw from Target and Sprouts, with convenient access to Century City, Culver City, Beverly Hills, and DTLA.
$2,000,000
5418 Franklin Avenue Los Angeles, CA 90027
- Type:
- Cluster
- Sq.Ft.:
- 6,556
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.24 Acres
- Year built:
- 1923
- Baths:
- 6.00
- MLS#:
- 24454231
ADDITIONAL INFORMATION
Unique opportunity to purchase 6 unit property in a high demand rental pocket. straddling the neighborhoods of Los Feliz and Hollywood. On a lot sized over 10,500 sq ft. there is tremendous value for long term potential. Main front unit is vacant and highlights numerous updates and preservation of character that shows off 1920's character, reflecting architecture of the era. Refinished hardwood flooring throughout and remodeled bathrooms make this available unit perfect for receiving the best quality rent. At the same time, it also lends itself perfectly for an owner/user to build equity by moving into a large, Turnkey space (3 beds/ 2 baths) that has the feel of Single-Family living. This available unit has the convenience of utility area and basement close to kitchen and back door. Front structure has 2 large units (appox. 2000 sq ft.) and detached building in back has 4 units featuring 1 bedroom/1 bath. Driveway has depth that runs the length of the lot, affording many different parking options. Paved flat area in back of second 2 story structure also allows for many uses, including parking, as well. Immediate access to Hollywood on one side and short distance to DTLA in opposite direction. This is an area that consistently has tenants looking to be close to city access; close access to freeway commutes. Public website for CIty Of L.A. shows zoning designations that property falls under the State Enterprise Zone and also is located in specified Transit Priority Area.
$1,399,900
3613 Beethoven Street Los Angeles, CA 90066
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.11 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- CROC24187038
View additional info
Courtesy: Nohco Real Estate
ADDITIONAL INFORMATION
Mar Vista duplex consists of a front 2 bed 1 bath unit with a front yard and a nice layout with real hardwood flooring throughout, a full sized kitchen and bathroom, cozy bedrooms, and a its own laundry area with hookups inside. Built in 1952, the rear 1 bed 1 bath unit is attached with a spacious layout with its own private walkway and access to the garage. Both units are occupied and offer tons of potential to reposition, remodel, maximize rents. On a 4,805sf RD2 zoned lot, the two car detached garage in the rear has direct alley access and is perfect to convert into an ADU. Popular neighborhood of Mar Vista in Los Angeles on a quiet street near Venice, Abbot Kinney, Marina Del Rey, Santa Monica, LAX, Silicon Beach, and only 2.5 miles from the beautiful ocean!
$2,650,000
1543 105th Street Los Angeles, CA 90047
- Type:
- Cluster
- Sq.Ft.:
- 9,691
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.53 Acres
- Year built:
- 1962
- Baths:
- 15.00
- MLS#:
- 24455941
ADDITIONAL INFORMATION
This multi-family asset is located in the County Strip of the City of Los Angeles. This property consist of four separate buildings. These 15 units sit on over a half acre of land, that offers plenty of parking and common areas for the tenants. The grounds are also gated offering security and privacy for tenants.
- Type:
- Mixed Use
- Sq.Ft.:
- 18,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- PW24220099
ADDITIONAL INFORMATION
PRIME LOCATION! THIS PROPERTY LOCATED AT EH HEART OF KOREATOWN, THE 21-UNIT MULTIFAMILY PROPERTY LOCATED AT 300 S. WESTMORELAND BLVD, LOS ANGELES. CA 90020 IS AN INVESTMENT OPPORTUNITY IN THE KOREATOWN NEIGHBORHOOD OF LOS ANGELES LOCATED AND EASY ACCESS TO FREEWAY. THE BUILDING IS BUILT IN 1994, THE PROPERTY IS NON-RENT CONTROLLED. UNIT COMES WITH COVERED PARKING SPACE AND EASY ACCESS TO GATED PARKING GARAGE CONTAINS SPACE FOR 30 CARS, FOR PROVIDING TENANTS A RATIO OF ONE OR TWO PARKING SPACE PER UNIT. THE PROPERTY FEATURES TWENTY ONE WELL-DESIGNED FOR ONE BEDROOM & ONE BATHROOM (18 UNITS) AND TWO BEDROOM & TWO BATHROOM (3 UNITS). THE LAUNDRY MACHINES ON EACH FLOOR. WALKING DISTANCE TO MANY FAMOUS RESTAURANTS, SUPERMARKETS, PHARMACY, SHOPS AND SCHOOL, THIS PROPERTY OFFERS EXCELLENT POTENTIAL FOR LONG-TERM INCOME AND APPRECIATION.
$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:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- 219118815PS
- Subdivision:
- Not Applicable-1
ADDITIONAL INFORMATION
Great Value! Opportunity for investor to own a 3 unit property (units 2016, 2018 & 2020) minutes away from the Forum and the new So-Fi football stadium, Intuit Dome (Clipper's stadium), Hollywood Park Casino, shopping centers parks and schools. Bordering Inglewood!Each unit has 2 bedrooms and 1 bathroom. NO COMMON WALLS with separate meters. The third unit also has an attached studio (bonus room without a permit)For privacy and security, the property is gated and has room to park 6 cars inside. The three buildings have new roofs.It won't last long!
$2,399,000
Orange Dr Los Angeles, CA 90019
- Type:
- Other
- Sq.Ft.:
- 5,666
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1941
- Baths:
- 5.00
- MLS#:
- 24-455707
ADDITIONAL INFORMATION
The location of the property is amazing. This well-maintained property was renovated in 2024 and consists of two 1-bedroom+ bath unit, one 3-bedroom+2 bath unit and a 1-bedroom+1bath ADU unit. The 3 bedrooms+2 bath unit has been fully remodeled. The some of the features in the remodeled 3-bedroom unit are European finish fixtures, quartz countertops/ kitchen island, Viking stove, updated stainless steel appliances, recessed lighting and a new washer/dryer. The rooms in the 2 one-bedroom units are big enough to be converted to two-bedroom units for increased financial opportunity. The 7,281 square foot lot + 5,065 square foot main building + 600 square foot one bedroom and one-bathroom ADU that was recently built out has a total 5,665 square foot living area located within a highly desirable pocket of Mid-City Los Angeles. The property sits at HPOZ zoning. La Brea Avenue providing convenient access to daily errands, retail and entertainment venues. The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1114 South Orange Drive an excellent investment opportunity.
$2,399,000
1114 Orange Drive Los Angeles, CA 90019
- Type:
- Cluster
- Sq.Ft.:
- 5,666
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1941
- Baths:
- 5.00
- MLS#:
- 24455707
ADDITIONAL INFORMATION
The location of the property is amazing. This well-maintained property was renovated in 2024 and consists of two 1-bedroom+ bath unit, one 3-bedroom+2 bath unit and a 1-bedroom+1bath ADU unit. The 3 bedrooms+2 bath unit has been fully remodeled. The some of the features in the remodeled 3-bedroom unit are European finish fixtures, quartz countertops/ kitchen island, Viking stove, updated stainless steel appliances, recessed lighting and a new washer/dryer. The rooms in the 2 one-bedroom units are big enough to be converted to two-bedroom units for increased financial opportunity. The 7,281 square foot lot + 5,065 square foot main building + 600 square foot one bedroom and one-bathroom ADU that was recently built out has a total 5,665 square foot living area located within a highly desirable pocket of Mid-City Los Angeles. The property sits at HPOZ zoning. La Brea Avenue providing convenient access to daily errands, retail and entertainment venues. The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1114 South Orange Drive an excellent investment opportunity.
- Type:
- Apartment
- Sq.Ft.:
- 1,264
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- SB24219230
ADDITIONAL INFORMATION
5-Unit Turnkey property with extremely strong proven rents. 4 Studios averaging $1548/Month and a 2-Bed Unit rented at $1900/Month with gross rents at $97,104. The subject property is highlighted by a large lot where multiple ADUs are a possibility. Operating at 9.27 GRM and stabilizes at 7.40 GRM. The one story structure is wood frame stucco. The zoning for the lot is LCR3 situated on 4,718 SF. With the addition of ADUs, the cap rate will jump substantially north of a 10% cap rate. It's a perfect opportunity to acquire one of the strongest income deals in Los Angeles.
- Type:
- Fourplex
- Sq.Ft.:
- 2,292
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- SB24219241
ADDITIONAL INFORMATION
4-unit turn-key property with 3/4 units that will be delivered vacant and rent ready. Updated electrical and new copper plumbing. The building features one 2-bed/1-bath unit and three 1-bed/1-bath units, with 3 of the 4 units currently renovated, 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 7.02% to an impressive 13.86%, 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!
$1,199,000
606 Bonnie Brae Street Los Angeles, CA 90026
- Type:
- Duplex
- Sq.Ft.:
- 1,950
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- SB24219405
ADDITIONAL INFORMATION
Enjoy Los Angeles to the fullest owning this fantastic duplex in Echo Park, just a 5 minute walk from iconic Echo Park Lake and close to Silver Lake, Hollywood, and Downtown. The spacious upstairs 2 BR / 1 Bath unit evokes living in a tree house, with its bright, open floor plan, entertainer's kitchen with bar, and a gorgeous sunroom. This unit has seasonal views of downtown and will include an electric fireplace, large mini-split AC unit, 2 bedroom AC units, and Samsung appliances including large stacked washer & dryer, a gas range, and microwave. The property is enabled for Nest security. The yard is fully fenced and great for pets. Rooftop solar system and Tesla power wall allow top unit to remain comfortably powered up if conventional utilities fail. Don’t miss out on this great opportunity to live the real LA experience!
$1,950,000
1955 Bonsallo Avenue Los Angeles, CA 90007
- Type:
- Cluster
- Sq.Ft.:
- 2,845
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.14 Acres
- Year built:
- 1887
- Baths:
- 9.00
- MLS#:
- 24455907
ADDITIONAL INFORMATION
Don't miss this incredible opportunity to own a high-income property near the University of Southern California. With a cap rate of over 6%, this property is perfect for investors looking for strong rental income or an ideal owner-occupied option. All units are currently vacant, giving you full control over tenants and the opportunity to set rental rates to current market value. The property is just steps away from USC's campus, a variety of restaurants, shops, and vibrant Downtown LA, ensuring high demand from students, faculty, and professionals alike. One of the units is newly constructed, offering modern amenities and a fresh design, making it even more attractive for tenants. The property is located on DPS Patrol Zone.
- Type:
- Duplex
- Sq.Ft.:
- 1,171
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- DW24218914
ADDITIONAL INFORMATION
Fantastic opportunity for a first-time buyer or investor. This property is very well taken care of. The Property consists of 2 units. 2Bedroom 1bath and a 1bedroom 1bath. Plenty of parking with an extra-long driveway and a detached garage that can be converted into a small Batchlor. The property is located in a great location, walking distance to the new 6th st bridge. Centrally located to 5,101,60 fwy. Just a short drive to Downtown LA. and en even shorter Drive to Art's district. Enjoy the nice restaurants, shops and Breweries just minutes from your home, this duplex is located walking distance to Elementary and high school.
- Type:
- Triplex
- Sq.Ft.:
- 2,299
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- DW24209452
ADDITIONAL INFORMATION
Move in the whole family and everyone have their own living quarters.......This home has it all. You have a large front unit that features a 2 bedroom 2 bathroom. Then a middle unit that has a 2 bedroom 1 bathroom and then the back unit is a 1 bedroom 1 bathroom with all separate entrances. On top of that it has a detached 2 car garage with a large car port area. The home sits near the 105 freeway which makes it easy to get to and from work if you commute. This home will not last. You must make an appointment today before it gets sold.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.15 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- CRDW24209452
View additional info
Courtesy: Faith Real Estate Inc.
ADDITIONAL INFORMATION
Move in the whole family and everyone have their own living quarters.......This home has it all. You have a large front unit that features a 2 bedroom 2 bathroom. Then a middle unit that has a 2 bedroom 1 bathroom and then the back unit is a 1 bedroom 1 bathroom with all separate entrances. On top of that it has a detached 2 car garage with a large car port area. The home sits near the 105 freeway which makes it easy to get to and from work if you commute. This home will not last. You must make an appointment today before it gets sold.
$3,650,000
4215 Kansas Avenue Los Angeles, CA 90037
- Type:
- Mixed Use
- Sq.Ft.:
- 9,550
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- PW24219007
ADDITIONAL INFORMATION
4215 Kansas Avenue is a 24-unit apartment building in Los Angeles, California. The property is in a strong rental location just a half-mile from Expo Park and top Los Angeles attractions that include the L.A. Memorial Coliseum, BMO Stadium, the Lucas Museum, the California Science Center, the California History Museum, and more. Furthermore, USC and the Metro Expo line are just one mile from the property. 4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units have been upgraded, and all are separately metered for gas and electricity. The building also offers on-site laundry. Current rents offer a new investor 27 percent rental upside, and attractive assumable financing make this a great acquisition opportunity in a dense rental market. Assumable financing terms: Freddie Mac loan via CBRE with a fixed rate of 3.71% until May 1st, 2030. $1,268,411.93 balance remaining as of October 2024.
$1,250,000
241 50th Street Los Angeles, CA 90037
- Type:
- Cluster
- Sq.Ft.:
- 3,646
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.13 Acres
- Year built:
- 2018
- Baths:
- 6.00
- MLS#:
- 24455797
ADDITIONAL INFORMATION
Recently built (2018) two-unit property in downtown Los Angeles offers a strong investment potential. Featuring open floor plans that maximize space and natural light. Each unit offers 5 bedrooms and 3 bathrooms and modern kitchens and quality finishes. With generous parking and no rent control, this property is a perfect opportunity for investors.
$1,225,000
601 84th Street Los Angeles, CA 90044
- Type:
- Cluster
- Sq.Ft.:
- 4,103
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.12 Acres
- Year built:
- 2018
- Baths:
- 7.00
- MLS#:
- 24455689
ADDITIONAL INFORMATION
A recently built two-unit property (built in 2018) for sale, which could offer significant value, particularly for investors or homeowners seeking additional rental income. Each spacious unit features an open floor plan with 5 bed/4 bath and 5 bed/3 bath with secure garages. With no rent control, separate utility meters, and potential for strong rental returns, this property is truly a smart investment.
$1,225,000
84th St Los Angeles, CA 90044
- Type:
- Other
- Sq.Ft.:
- 4,103
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.12 Acres
- Year built:
- 2018
- Baths:
- 7.00
- MLS#:
- 24-455689
ADDITIONAL INFORMATION
A recently built two-unit property (built in 2018) for sale, which could offer significant value, particularly for investors or homeowners seeking additional rental income. Each spacious unit features an open floor plan with 5 bed/4 bath and 5 bed/3 bath with secure garages. With no rent control, separate utility meters, and potential for strong rental returns, this property is truly a smart investment.
$18,500,000
1617 Fuller Avenue Los Angeles, CA 90046
- Type:
- Cluster
- Sq.Ft.:
- 42,399
- Status:
- Active
- Beds:
- 62
- Lot size:
- 0.62 Acres
- Year built:
- 1965
- Baths:
- 72.00
- MLS#:
- 24455673
ADDITIONAL INFORMATION
Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles, CA.This Property has been in same family for over 30 years.Rents are 50 % below market ! The Market Cap Rate is over 8% with a 9 x GRM.Property has lobby - pool- elevator - room to add multiple ADU's , a gym and a roof top deck.The property was built in 1965 but completely renovated in the 1980s. Walk score here is 94. Premiere hiking trails nearby as well as Hollywood and Sunset Blvd eateries and shops.This is an amazing rental area -one of the most trendy, desirable and walkable neighborhoods in LA.Metro line is only a 15 min walk away and centrally located with Easy access to 101 freeway , Downtown and the San Fernando Valley.There is a tremendous amount of development and job availability in the immediate area.Netflix, Sunset Gower Studios, Nickelodeon, Capital Records within a 10 min drive.
- Type:
- Apartment
- Sq.Ft.:
- 1,864
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- SB24218634
ADDITIONAL INFORMATION
We are pleased to present 8800 Compton Ave, a rare FULLY VACANT property in Los Angeles consisting of 2 one-bedroom units + 1 commercial structure that is primed for an ADU conversion into 2 additional units with the potential to operate at a 10%+ CAP rate. Built in 1926, this opportunity consists of two separate structures totaling 1,864 rentable square feet that is situated on a 6,047 square foot, LCC3 zoned corner lot, with street frontage off of Compton Ave & E 88th St as well as with alley access. The unit mix consists of 2 one-bedroom units located in front duplex with a rear commercial building that was previously used as a church. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property, and either re-rent the commercial unit to a new user or add density by converting the structure to 2 ADUs with 2 one-bedroom units, while ultimately providing flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents. 8800 Compton Ave is situated in a transit-oriented location near numerous bus stops and the Firestone Light Rail Station, as well as a number of community establishments such as Raul’s Market, Mercardo Don Juan, Rudy’s Baker, Nadeau Café, Playa Azul Tortilleria and Market, Birrieria Jalisco and Norteno Bar and Grill.
$4,450,000
5831 Carlton Way Los Angeles, CA 90028
- Type:
- Cluster
- Sq.Ft.:
- 8,618
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.2 Acres
- Year built:
- 1962
- Baths:
- 15.00
- MLS#:
- 24454633
ADDITIONAL INFORMATION
This fully renovated 10-unit property, located in the heart of Hollywood, features a mix of 1-bedroom and 2-bedroom units. In addition to the building's modern amenities and upgrades, it's situated near iconic locations like Emerson College, Sunset Studios, The W Hotel, and the future Hollywood Central Park. The Carlton @ Hollywood is a smart apartment building that has undergone significant improvements. Recent upgrades include LA earthquake retrofit work, parking gate construction, roofing maintenance, air conditioning maintenance, and security camera installations. The owner has meticulously handled all necessary repairs and improvements to ensure the building is in top condition. Don't miss out on this well-maintained, ideally located, and highly desirable investment opportunity with a great unit mix!
$2,300,000
Normandie Ave Los Angeles, CA 90007
- Type:
- Other
- Sq.Ft.:
- 7,227
- Status:
- Active
- Beds:
- 13
- Lot size:
- 0.26 Acres
- Year built:
- 1924
- Baths:
- 13.00
- MLS#:
- 24-463391
ADDITIONAL INFORMATION
We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.
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 $1,060,000. 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 $1,060,000. 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.
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.