2204 Carmona Ave is a one-of-a-kind, architectural non-RSO 5-unit (fourplex + ADU) just a five-minute drive from the coveted Culver City Arts District. This isn’t just new construction; it’s a statement of modern design and precision craftsmanship that redefines the luxury rental market. With bespoke finishes, meticulous attention to detail, and standout features like expansive rooftop decks with sweeping city views, this property offers a lifestyle experience far beyond the ordinary. Thanks to these superior features, the property achieved rents of $5,495, $5,295 (x2), $4,995, and $1,600. The property consists of one spacious 4 bed/4 bath unit, three 3 bed/3 bath units, and a 1 bed/1 bath ADU. Each unit has been carefully designed with open layouts that maximize natural light, high-end finishes, closets with custom built-ins, and in-unit washer/dryers. Landscaped outdoor spaces and rooftop decks add another layer of appeal, creating inviting areas to relax or entertain with panoramic city views. Located in the heart of Los Angeles’ creative corridor, just minutes from the trendy Culver City Arts District, tenants enjoy access to some of LA’s most popular destinations, including Pasta Sisters, Platform, and the Helms Bakery complex. Built with cutting-edge materials and all-new systems, 2204 Carmona Ave is a lowmaintenance, high-performing property designed to deliver long-term value. This property is separately metered for all utilities, meaning minimal operating costs, and features 11 on-site parking spaces to accommodate tenants with ease. This is more than a property—it’s a testament to bold design, superior craftsmanship, and a lifestyle that commands premium rents.
Owned and meticulously cared for by the same owners for over 60 years, The Sycamore, a (16) unit apartment property just south of Melrose and adjacent to Hancock Park is one of the last great projects of architect Charles Gault. The Sycamore has many of the key features of Gault's architectural style, including a courtyard with a gorgeous fountain, a grand arched opening, a public fireplace and grilled windows. The property is named in the National Register of Historic Places, which grants it special building codes to aid in restoration and certain tax advantages through the Federal Rehabilitation Tax Credit. The property is located two blocks south of Melrose Ave, a popular dining and shopping district. (See included Area Map for more information.) The building is comprised of eight (8) one bedroom units, six (6) two bedroom units, and two (2) studio units. It was built in 1930 and has fifteen (15) parking spaces on the adjacent alley. These apartments are subject to the city of Los Angeles's Rent Stabilization Ordinance. The units are very large relative to many comparable properties in the area and several have private outdoor space for tenants. Indicative of the strong demand in the local area, the property has no vacancies, with the local Market Rents nearby substantially higher than the Subject Property. Four (4) competing rental properties from the immediate area were surveyed. (Please see within Financials, Rent Survey, and Rent Survey Map.) When one considers the property's location in the highly desirable Hancock Park adjacent area, the above average size of the units, and the popular nearby shopping and dining on Melrose Ave, a new owner should be able to implement prodigious rent growth here. Four (4) recent nearby apartment properties were selected as Recent Sales properties. They are similar in many respects, unit-mix, construction, parking, and especially year constructed. All of the Recent Sales presently have a historical designation similar to the Subject Property. (See Recent Sales and Recent Sales Map.) With an Asking Price of $7,200,000, this Offering is situated at a 15.23 GRM; at $500.77 $/SF; at a 4.22% CAP Rate and at $450,000 / Unit. These underlying fundamentals show the strong operating performance of the property and present a significant opportunity relative to the Recent Sales. (See Recent Sales and Financials.) In closing, the tremendous potential upside in rents as well as the desirable unit mix, unit size, prime location and strong operating performance available here present an opportunity for significant cash flow growth and appreciation over time for this asset.
In a market where it is so difficult to find a property that cash flows, we are presenting one to you here that does. Honestly, where are you going to find a property in L.A. right now that is a true 7.6 cap and a 9.15 GRM??? Each unit is a 3 bed 1 bath. The property has been well taken care of by the current owners and should stand up well to a licensed home inspection. The units were renovated about 6 years ago. The tenants that are currently in there are paying $2300 and $2400. With the third unit being vacated, if a new owner wants to get a Section 8 tenant in there, they will get right around $3300/mo, which brings the total income to $8000/mo. The tenants being vacated have not paid rent for several months and the sellers have already hired an Attorney and already have a court date set for mid-April. If the new owner will take possession of the property with those tenants still in place the sellers will continue to take care of all costs and all actions necessary to complete the eviction. Or, if a buyer wants to wait for the eviction to be complete before close of escrow that too can probably be done. With a 25% down loan at 7% interest, the new owner will cash flow $2,000/mo or $24,000 annually, with only $220,000 out of pocket. And there is good upside as the rents in the other units are approximately $2,000 ($1000 for each unit) below what section 8 will give. Another big plus is that there are three parking spots (one parking spot per unit) and possibly an additional one in between the two structures. Also, the rear unit, being totally detached and far away from the other two, as well as having it's own yard space, lends itself nicely to an owner possibly living there. This is definitely a really good property to start your real estate investment career with, or to add to your portfolio if you are already experienced.
Bring all your investors! Located within minutes of DTLA and adjacent to South Pasadena. Great 2 separate unit is perfect for owner to live in one and rent the other. Property sits privately behind 5271 Huntington Dr N. Front unit 1 bed/1 bath currently rented, Rear unit 2 bed/1 bath with a bonus room currently occupied by the owner. Each with plenty of yard and parking area, this spacious lot offers nice city views and lots of privacy
We are delighted to present for sale a six-unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought-after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two-bedroom/two-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Amenities comprise an on-site laundry facility, on-site parking, and individual metering for electricity and gas. To provide further details, the installation of the water heater and the seismic retrofit have been recently completed and five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below-market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.
1400 Carroll Ave is an artfully restored historical triplex in the heart of Echo Park, one of Los Angeles’ most vibrant and sought-after neighborhoods. The property currently offers a return of 5.19%, with the existing A+ tenants paying $7,196, $5,400, and $3,502 in rent. Additionally, the property is being delivered with SHOVEL READY plans for a freestanding 2-bedroom, 2-bathroom ADU and RTI plans for a second 2-bedroom, 2.5-bathroom freestanding ADU. We project over $1 million in added value with the construction of these units. Located on Carroll Avenue, widely regarded as one of the most charming streets in the area, this property is just a short distance from Echo Park Lake, the iconic Baxter Street Stairs, and neighborhood favorites like Lowboy, The Echo, and Bar Flores. Fully remodeled from top to bottom, 1400 Carroll/715 Douglas features brand-new systems, high-end custom finishes, and thoughtfully designed interiors, blending modern amenities with timeless character. The unit mix includes two 4-bedroom, 3-bath units and one 2-bedroom, 2-bath unit, all boasting in-unit washer/ dryers, landscaped patio areas, and bespoke finishes that make each space truly unique. To sweeten the deal, the triplex comes fully furnished, offering a turnkey opportunity for investors or owner-users. Buyers who build the ADUs could achieve close to a 7.5% cap rate, ensuring strong returns in one of LA’s hottest markets. From its prime location on a historic street and meticulous renovation to its incredible upside potential, 1400 Carroll Ave is a rare find in Echo Park. Don’t miss this chance to own an artfully restored gem with modern amenities and exceptional long-term value in one of Los Angeles’ trendiest neighborhoods!
***YOU DON'T WANT TO MISS THIS GREAT INVESTMENT OPPORTUNITY! *** Rare opportunity to own one of the most valued income properties in a prime location in the LA market! This Quadruplex is in Harvard Heights, in the heart of Los Angeles. This property is just minutes away from Korea Town & DTLA! The property is conveniently located near shopping centers, restaurants, public transportation, and quick access to the 10 & 110 freeways. This 4-unit complex is in a highly desirable upcoming neighborhood and has tremendous income potential growth. The property includes 4-units total. 2 units on the ground floor & 2 units on the 2nd floor. The 2 ground floor units are 1 bedroom & 1 bathroom. The 2 units on the 2nd floor are 2 bedrooms & 1 bathrooms. All units are well-sized, with original features throughout the interior and boast ample space with desirable square footage & natural lighting. All electric & gas meters are separate for each unit. This is a great opportunity to start your portfolio as an investor. Make your offer today before it’s too late!
Great investment rare 4 unit building with all 2 bedrooms 1 bath units, 2 units will be delivered vacant. Ready for immediate occupancy. Seller may be willing to carry back 2nd. This property is priced for a quick sale. Large rear area. Seller is will accept FHA financing. 2 vacant units can be shown. call listing agent.
Fantastic 7800sf triplex lot with all townhome style units. Excellent for Owner-Users and Developers. Property to be delivered vacant. Easy freeway access and minutes from downtown, USC, BMO soccer stadium, shopping, dining, and healthcare. Property has individual electric and gas meters and one common water meter. All gas meters are already retrofitted with earthquake shut-off valves.
Great opportunity to own duplex, first unit is a 3 Bedrooms and 1 Bathroom, Second unit is a 2 Bedroom and 1 Bathroom. Units will be delivered Vacant, Property is located near the USC, and Exposition Park. Garage has the potential to be converted into an ADU. Property needs TCL, this place is sale as is condition and buyer needs to verify property permits. Seller may help up to 2% towards closing cost.
Discover an exceptional fixer and investment opportunity in a prime Mid Los Angeles location, adjacent to Miracle Mile and Hancock Park. This duplex, on the market for the first time since 1986, offers both potential and flexibility, making it an ideal choice for investors, owner user and builders. The property features two spacious units, each consisting of 2 bedrooms and 1 bathrooms, complete with a living room, formal dining room, and laundry room. Both units boast hardwood and tile floors throughout and are individually metered for gas and electricity, enhancing their appeal. Situated on a large lot and zoned LARD 1.5. The property presents ADU (Accessory Dwelling Unit) potential, opening up various avenues for expansion and value-add opportunities. Additional highlights include a 2-car garage with an attached storage area, elongated driveway and enclosed brick wall back yard. Please note that this property is being sold in AS-IS condition, and all showings are drive-by only, so kindly do not disturb the tenants. Interior inspections will be considered upon proof of purchase ability. This impressive property promises excellent investment potential, so don't miss out on this unique opportunity!
Fantastic Mixed-Use Fixer Property / Development Opportunity in the Heart of Melrose Hill! Currently configured as a residential unit (1572 sf) w/ 3 bedroom + 2 baths & a separate commercial space (1147 sf) w/ 1 bath, this property provides an investor w/ numerous paths of development. 2 car garage at rear of property with attached studio. Property to be delivered vacant at close of escrow. Just a few blocks to Paramount Studios, Larchmont Blvd., & the best shopping, dining, & entertainment the area has to offer. A unique opportunity in a thriving development zone!
Fully Leased & Non-Rent controlled property with OVER 5% Cap Rate! This quadplex was built in 2022 with exceptional standards across design and amenities. Each townhome is a modern architectural masterpiece, promising luxury living in a green-certified environment. All four units have three level living space and an open plan layouts incorporate striking walls of windows, bespoke finishes and natural wide plank wood flooring. The two building townhomes begin with a 1950 sq ft six bedroom, four bath home with two primary suites. A 1,828 sq ft unit hosts five bedrooms and five baths offering three en suite bedrooms and two primary suites. At 1,804 sq ft, unit three features four bedrooms and four baths including two primary suites plus a 1,770 sq ft four bedroom, four bath home with three primary suites. All units have custom cabinetry, quartz counters, gas range and custom tiles and sophisticated finishes in the bathrooms. Among the integrated systems are tankless water heaters, solar energy and central heat and air. Each unit provides two parking spaces while services include separate utility meters with dedicated exterior electric and irrigation systems. West Adams is very central and within close proximities to Downtown LA, Freeway, West LA, Culver City and USC. Don't miss out on this rare property!
Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $118,750.00 cost per unit and $235.00 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 5.0 % / CURRENT GRM 10.2 - PRO FORMA CAP RATE 10.6 % / PRO FORMA GRM 6.6
1116 S Mariposa Ave is a brand-new construction multi-family property in the heart of Los Angeles. Featuring 4 Townhome units plus an ADU. There are 2 separate buildings with a mix of 3 and 4 bedroom townhome plus a 2 bedroom ADU. Each unit boasts open-concept living spaces, featuring high ceilings and large windows that flood the interiors with natural light, creating an inviting atmosphere. Located just moments away from Koreatown, renowned dining, and shopping experiences. Additionally, it provides easy access to everything LA has to offer, including entertainment venues, major transportation hubs, and iconic attractions, making it an ideal choice for both tenants and investors.
We are pleased to present a twenty (20) unit multifamily property located at 1047 Irolo Street in Los Angeles, California. The property is situated in a n ideal Koreatown location just south of Olympic Boulevard and east of Western Ave. Built in 1926, this property is comprised of twenty (20) studio units. Two (2) units will be de livered vacant allowing an investor to capture market rents on these units from day one. This property boasts a unique Nubian-inspired architecture, with the building resembling the grandeur of the Pyramids of Meroe. In addition, the property is master metered for gas, allowing rent to be increased by 5% annually. Averaging over 435 SF each, these large studio units have over 45% rental upside potential. The property includes a roughly 200 SF laundry room for tenants, allowing an investor to net additional income. This is the f first time in over 30years this property has been on the market. Situated in an ideal Koreatown location, this twenty (20) unit property presents an excellent opportunity for a value-add investor to capitalize on the tremendously rental upside.
Turnkey one story, 4 bedroom / 4 bathroom Duplex in prime location near Marina Del Rey, Playa Vista, Culver City, located just north of Ballona Creek and its bike path to the beach! Recently updated with hardwood floors, new kitchen and bathrooms, laundry hooks up for both units. Gated and private. Incredible investment opportunity.
Turnkey one story Duplex in prime location near Marina Del Rey, Playa Vista, Culver City, located just north of Ballona Creek and its bike path to the beach! Back unit was recently updated with hardwood floors, new kitchen and bathroom and laundry hook ups. Gated and private. Incredible investment opportunity. Same seller is also selling 4964 S Centinela Ave. Ideally, one buyer will buy both properties as the 2 buildings enjoy the same privacy gates and common areas.
We are pleased to present 833 & 835 Moraga Drive, a prestigious opportunity to acquire a true pride of ownership architectural property in the famed Westside enclave of Bel Air. Designed by prominent mid-century modern architect Robert Skinner, the beautiful open courtyard property has an unparalleled presence and an ideal unit mix consisting of mostly large 1bedroom (many with dens) and 2 bedroom units (some of which are dramatic two story townhome units). Each of the residences is extremely spacious, with a terrific floor plan, offering an abundance of natural light. Built in 1963 by the owner's family, the property is a mid-century gem that can be purchased with several vacancies. Units feature redwood walls, beautiful kitchens, spacious bedrooms and bathrooms, carpeted and tile flooring, a patio or balcony in every unit, large closets, and fireplaces. Quality high end materials are used throughout the residences. In addition to the redwood walls, kitchens and bathrooms feature beautiful Italian mosaic tiles in an array of hues. Other property features include a lushly landscaped courtyard, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best retail, dining, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset rich with history in one of the best rental locations in all of Los Angeles, near Westwood, Brentwood, UCLA, and the Getty Center, and adjacent to multi-million dollar estates on Moraga Drive in Bel Air.
FIRST TIME ON MARKET IN 25 YEARS... 1643 N Formosa Ave is a charming 8-unit apartment building located in Hollywood. Built in 1954, this well-maintained property is comprised of (6) one-bedroom / one-bathroom units and (2) two-bedroom / one-bathroom units. Additionally (2) of the 1-bedroom units will be delivered vacant, with one of them being completely remodeled. There are a total of (6) covered parking spaces with strong ADU potential, plus a community laundry room which provides additional income. The units are also separately metered for gas and electricity. The property has seen significant upgrades in recent years, such as new electrical panels and copper plumbing throughout. The property is also fully gated and secured with an electronic keypad in the driveway. The property is conveniently located just below Hollywood Blvd and one block West of La Brea Ave. Located in the prime 90046 zip code of Hollywood, this asset presents investors with an excellent opportunity to acquire a well maintained Mid-Century apartment building and capitalize on solid rental upside and detached ADU potential.
The property features 2 units of (1) 2 bedroom, 1 bathroom, (2) 1 bedroom 1 Bathroom, (1) Car Garage. New flooring, fresh paint,new kitchen cabinets and counter tops must see. The front yard fully fence , there is plenty space for car parking in the drive way and the rear Alley Access . Perfect starter income property that sits minutes away from Downtown Los Angeles and offers access to all major freeways. one Tenants Will Be out at the close of escrow.
Presenting 2565 Veteran Avenue, a newly built, warm modern triplex located in the heart of Rancho Park. This gated property offers an incredible investment opportunity, featuring three beautifully designed units. Units each with their own separate addresses. The front/main unit, 2565 Veteran Avenue, welcomes you with a private front yard and a sweeping open floor plan that seamlessly blends the living and dining areas, creating an inviting atmosphere.The stunning, gourmet kitchen is equipped with high-end Bertazonni Italian stainless steel appliances, extensive cabinetry with built-ins, and a convenient eat-in counter, highlighted by sliding glass door access to an enclosed patio. Each bedroom is thoughtfully appointed, and the luxurious bathrooms include a primary suite with a spa-like en suite bath, dual sink vanity, glass shower, and a built-in linen closet. Additionally, the front unit boasts its own private rooftop deck, offering a perfect spot to unwind while enjoying serene views. The back unit, 2567 Veteran Avenue, mirrors the same stylish upgrades, highlighted with private patios and also includes its own spacious rooftop deck, offering a perfect retreat for relaxation or entertaining. The third unit, 2569 Veteran Avenue, is a studio attached to the back unit, providing additional rental potential or a cozy live/work space. Thoughtfully designed with the highest attention to detail and sophisticated finishes, this 3 unit residence is a testament to modern luxury living. Whether you're looking to rent out all units or live in one while earning passive income, this property offers incredible flexibility. Set in a central Westside location, you'll be just minutes from local shops, restaurants, and entertainment, making this the ideal property for modern living with endless possibilities.
Investment opportunity located in the "27th St. Historic District". 4 units on corner lot with LARD1.5 Zoning, buyer to verify. 3 buildings, one is a duplex and the other two are separate houses. Large central driveway for parking access. Several redevelopment projects in the immediate area. Centrally located to 110 and 10 freeways for convenient work commute. Don't miss this opportunity.
Owner-occupants and investors welcome! This property features three fully remodeled units, central air, new roof, copper plumbing, soft water treatment, tankless water heater, each with in-unit washers and dryers, all delivered VACANT. Parking available at the rear, including a Tesla charging station. Ideally located in the South Robertson area, with easy access to the 10 Freeway, and close to Santa Monica, Beverlywood, Beverly Hills, Cheviot Hills, and more.
**NEW PRICE REDUCTION** ---OWNER SAYS SELL IT!!! Located in the historic Jefferson Park area of Los Angeles, this is a rare chance to purchase a well kept 3 unit investors dream. Originally constructed in 1947, this one story property features 3 units totaling 2115 square feet on a 5100 square foot lot size. This property will be sold in "as is" condition and out of respect for the occupants we kindly ask that you do not disturb them nor walk on property. Unit #1--1 bedrm and 1 bath 637 square feet. Unit#2-- 1 bedrm and 1 bath 624 square feet. Unit #3 has 2 bedrms and 1 bath 854 square feet.
The median home value in Los Angeles, CA is $1,080,000. 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 $1,080,000. 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.
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.