5274 Ithaca is part of an 11 building portfolio that can be sold separately. The subject property offers and investor an opportunity to acquire 9 units in a great location. El Sereno has seen tremendous growth and offers a strategic location just northeast of Downtown Los Angeles, west of the San Gabriel Valley and south of Pasadena offering access to Los Angeles and the convenience of a more suburban setting. The building sits on a large 9,601 square foot lot that is zoned LARD1.5. The building offers an excellent unit mix consisting of (4) 2 Bed/1 Bath, (4) 1 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is alley access in the rear of the lot and private garages in the rear of the lot as well.
We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 7.87% CAP and 6.71 GRM on current rents with upside to operate at a 17.28% CAP and a 3.98 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of 4 one-bedroom units and 13 studio units with 7 of 17 units renovated with one Studio unit delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuel, Bestia, De La Noma and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Apolis: Common Gallery, Arts District Co-op, Buru and Le Labo.
Welcome to this Los Angeles triplex – an excellent income property opportunity. This property is a bit of a fixer-upper and comes with the tenants currently in place. The tenants are on a month-to-month lease, which provides some flexibility for potential buyers.
We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.
We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.
Fully RTI for 11 Units + 1 Section 8 Affordable Housing Development Project Located In South LA Proposed New Building Size 8226 SF on 5362 SF Lot Unit Mix (11) 1 Bedroom/1 Bathroom 3 Stories with ADA Approved Units ready for Section 8 No Parking Required Major cross streets 87th and Main St 90003 15 Minutes to USC and 25 to DTLA Walk Score of 73
Charming Boyle Heights Duplex in a Prime Location! This property offers two well-appointed 1-bedroom, 1-bathroom units. Each unit boasts granite countertops, abundant storage, and a breakfast bar that complements the bright and open floor plan. Other highlights include laminate flooring, in-unit laundry hookups, and a spacious bedroom with a walk-in closet. With separate electric and gas meters for each unit, plus private front and backyard spaces, this property is perfect for first-time home buyers looking to offset their mortgage with rental income or for savvy investors seeking a solid buy-and-hold opportunity. Conveniently located less than 1 mile from USC Medical Center, 7 minutes from Cal State LA, and just 15 minutes from Downtown LA, this duplex sits in the heart of the lively Boyle Heights and East LA area.
We are delighted to present an exclusive opportunity to purchase 1936 Whitley Avenue, a beautiful thirteen-unit apartment building in World renowned Hollywood Hills. This well-maintained property with a mix of three (3) Studio units, six (6) one-bedroom one-bathroom units, and four (4) two-bedroom two-bathroom units. The property's close proximity to Hollywood Blvd and the 101 Freeway, positions it within a vibrant community with convenient access to various amenities. The neighborhood boasts a blend of residential charm and urban convenience, making it an attractive location for potential renters. This listing presents a unique chance for investors seeking to capitalize on a robust and steady income stream generated by this property. Possessing both historical charm and modern appeal, 1936 Whitley Avenue stands as a prime investment opportunity within a desirable community.
8 units + 8 units. Total 16 units with two different APN and two buildings are adjacent to each other in over 15,000 SF of lot. Both 8 units are sold together. ALL units are one bedrooms meaning it's very easy to lease when there is vacancy. All units are fully occupied. One parking designated to each units. Community laundry available run by 3rd party company. Much has been upgraded and repaired since new owner took over about 3 years ago. Easy to maintain. Lots of potential on rent increase!!! Drive by only!!!
Two Separate Units on One Lot - Vacant at Close of Escrow - Both homes feature extensive renovations a year ago, including NEW ROOFs, electrical systems, sewer lines, plumbing, and flooring. Additionally, new energy-efficient upgrades such as tankless water heaters, split air heating and cooling systems, and new windows have been installed throughout. The front house offers 3 bedrooms, 1 bathroom, and a detached one-car garage. The separate rear house features 2 bedrooms and 1 bathroom. Both homes include newly poured individual concrete driveways for added convenience. The driveway offer space for 5 cars. For privacy and security, fencing surrounds the property, and modern iron entry gates provide a sleek streetside look. Whether you're looking to add to your real estate portfolio or live in one home while renting out the other, this property presents an excellent investment or owner-occupant opportunity.
There is a perfect income-generating retirement property near the Korean Town. All expenses and maintenance are the tenant's responsibility, and the costs the homeowner pays are property taxes and insurance. This house has been completely remodeled, and its great location is attracting the attention of investors.
Open House:
Saturday, 11/16 1:00-4:00PM
Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and electric and large laundry rooms. Yard space for both units. Perfect owner/user or investor opportunity.
THIS IS THE ONE: Introducing YOU to a fantastic investment opportunity: 2 DETACHED HOMES ON ONE LOT- This newly built (2021) ADU & the existing SFR that was also redone in 2021 offers a chance for investors or families to begin their real estate portfolio. With the potential for rental income to help cover mortgage costs, each unit features private entrances, ample space, and essential amenities. Positioned in a sought-after location near amenities and transportation, this property presents a solid investment opportunity. Unit breakdown- Front Unit 2bdr 2bath plus a rec room, actual rent $2,900 and Rear Unit: 3bdr 2 bath, actual rent $3,100 and each unit is independently metered for gas and electric! This is a perfect live in one and rent the other scenario or perfect for that extended family that wants to stay together and enjoy the benefits of homeownership. Do not go direct and disturb the tenants.
We are pleased to offer this eight unit investment opportunity, located in the City of Los Angeles. The unit mix consists of three 0+1 and five 1+1 units. The investment consists of approximately 4,435 of rentable square feet and is situated on an approximately 6,616 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building numbers, and five of the units have recently been renovated. The building amenities include a large parking area with eight total spaces, and the property is master metered for both gas & electricity.
We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 and two 2+1 units. The investment consists of approximately 4,180 of rentable square feet and is situated on an approximately 5,494 square foot parcel. Recent property upgrades include new exterior lighting, new exterior building and unit numbers, an on-site surveillance system, and two rent ready units. The building amenities include a large parking area with six total spaces, and the property is separately metered for both gas & electricity.
We are pleased to present 1306 W 59th Pl, a 100% occupied 4-unit property located in Los Angeles. This property is centrally located near LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum, and multiple museums. This opportunity is also a short drive to Crenshaw/Leimert Park, Inglewood and provides easy access to the 105 & 110 freeways as well as the new LAX/Crenshaw metro rail line, offering tenants convenience to numerous nearby amenities. The building currently operates at a 10.77 GRM and 6.42% CAP on current rents, with rental upside potential to an 8.52 GRM and an 8.80% CAP on pro-forma rents. The property consists of two standalone, side by side duplexes built in 1927 with a unit mix of 4 one-bedroom units, all of which have been renovated.
We are pleased to present 212 E 62nd St, 4-unit property located in Los Angeles. This opportunity is situated in close proximity to the 110-freeway offering easy access to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum. The property's central location is also a short drive to neighboring cities such as Crenshaw/Leimert Park, Inglewood, Huntington Park and Walnut, offering tenants numerous nearby amenities. Priced attractively at $137,000 per unit and at $276/ sf, this value-add opportunity presents over 370% upside in rents to a 4.68 GRM and a 17.23% CAP at market. All units are currently occupied with low rents providing an enormous amount of upside. The property consists of two separate structures constructed in 1928 with a unit mix of 2 two-bedroom units and 2 one-bedroom units. The property also features four 1-car garages in the rear accessible from the alley providing potential for ADU conversions.
We are pleased to present 212 E 62nd St, 4-unit property located in Los Angeles. This opportunity is situated in close proximity to the 110-freeway offering easy access to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum. The property's central location is also a short drive to neighboring cities such as Crenshaw/Leimert Park, Inglewood, Huntington Park and Walnut, offering tenants numerous nearby amenities. Priced attractively at $137,000 per unit and at $276/ sf, this value-add opportunity presents over 370% upside in rents to a 4.68 GRM and a 17.23% CAP at market. All units are currently occupied with low rents providing an enormous amount of upside. The property consists of two separate structures constructed in 1928 with a unit mix of 2 two-bedroom units and 2 one-bedroom units. The property also features four 1-car garages in the rear accessible from the alley providing potential for ADU conversions.
Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and electric and large laundry rooms. Yard space for both units. Perfect owner/user or investor opportunity.
Discover a unique opportunity to own a beautifully renovated, income-producing property in the heart of Koreatown! Perfect for both owner-occupancy and rental income potential. Each unit boasts upgraded kitchens and baths, brand new appliances, sleek flooring, and stylish stucco finishes. With solar panels and a new HVAC system, this duplex is as energy-efficient as it is beautiful. The open floor plan floods with natural light, while lush greenery provides an oasis of calm. Outside, you'll find a 6-car parking lot, making it ideal for tenants or large families, plus the exciting potential for an ADU to further increase rental income. The property is gated and tucked away on a cul-de-sac in a safe, school neighborhood. With a sprawling outdoor area perfect for pets or play, this property is ideal for a growing family. Delivered vacant, it's a perfect starter home with serious potential for passive income. Seize this chance to live in style while generating rental income! ***3.25% assumable FHA loan for the qualified buyer.***
RARE OPPORTUNITY !!! These 2 properties are side by side. 5077-5079 Borland Rd. and 5081-5083 Borland Rd. Own by the same owners. It can be sold together or sell separately. The different between both of them is the size of living space. It situated on a primary location and very easy access to all amenities and all transportations. It has 2 car attached garage in rear, also street parking is available. All rents receipts showed all tenants are paid on time every month. A lot of potential for future expanding if buy both properties together. A minor repairs cosmetic may apply. Owner will consider selling together or selling separately. It's a rare and unique property that can make the new owner turn the subject property into a big project and become a huge investment later. There are 4 separate electric meters and 4 separate gas meters, owner paid for water ad trash. Fully fenced front and rear.
Windsor Hills, CA is an exclusive area and well-established residential neighborhood. Current rents are substantially below market rent, providing tremendous rental income upside for the Buyer. Rare private garages for each tenant. Tenants pay their own electric and gas. Proforma cap rate is 4.17% For more details download the offering memorandum from the property website: https://property.creop.com/40177/
RARE OPPORTUNITY !!! These 2 properties are side by side. 5077-5079 Borland Rd. and 5081-5083 Borland Rd. Own by the same owners. It can be sold together or sell separately. The different between both of them is the size of living space. It situated on a primary location and very easy access to all amenities and all transportations. It has 2 car attached garage in rear, also street parking is available. All rents receipts showed all tenants are paid on time every month. A lot of potential for future expanding if buy both properties together. A minor repairs cosmetic may apply. Owner will consider selling together or selling separately. It's a rare and unique property that can make the new owner turn the subject property into a big project and become a huge investment later. There are 4 separate electric meters and 4 separate gas meters, owner paid for water ad trash. Fully fenced front and rear.
Incredible Development Opportunity in Mid-City! Attention all developers! Here's your chance to seize an exceptional opportunity with the purchase of two prime lots in Mid-City. These lots boast generous dimensions, with one measuring 4,570.5 SF and the other 4,464.6 SF, combining to create an expansive 9,035.1 SF. Zoned RD1.5-1, and strategically positioned on a corner lot, this property is an ideal match for affordable housing initiatives. Currently featuring three separate buildings, the existing structures include a 4 Bed / 1 Bath unit and two 1 Bed / 1 Bath units. All units will be delivered vacant upon purchase. Please be mindful not to disturb occupants. Excitingly, the seller has already submitted plans for the addition of three more units and two ADUs (Accessory Dwelling Units). There is significant potential to construct approximately 120 affordable housing units, though it is advised that the buyer verifies this information independently. This is a rare chance to secure a significant investment in a burgeoning area. Don't miss out on the opportunity to be part of the growth and development of Mid-City. Contact us now to schedule a viewing and explore the potential of this prime property!
Welcome to 624 W. 85th St., a fantastic 4-unit multifamily property centrally located just minutes away from Downtown Los Angeles, SoFi Stadium, and LAX. This income-producing gem features one spacious 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units, making it ideal for rental investment or owner occupancy. Live in one unit and collect rental income from the other three! With its prime location and income potential, this property is a great opportunity for investors or families looking to make a home while earning additional revenue. Don't miss out on this rare offering in a highly sought-after area!
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.
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.