Beautifully Restored Craftsman Style Income Properties on one lot with separate address's 2 address', with private park. Walking distance to Hollywood Blvd, perfect for short term or long term rental, and owner occupied home. The main house; with over 1,600 square feet at 1917 Hillcrest Rd., (MAIN ADDRESS) has formal entry, and large living room with an original fireplace, 3 bedrooms and 2 full baths. The large chefs kitchen has breakfast area, and huge entertainment deck off the dinning room for big parties. The 2nd house; at 1918 Pinehurst a single level home has over 1,500 sq feet of living space. 2 beds and 2 baths, and private patio shaded by mature plants and trees offers more craftsman charm and off street parking. Featuring hardwood floors and original details throughout, this property has an updated kitchen, original fireplace, and laundry room. The large windows on the west facing side offer plenty of natural light and a golden glow during the sunset hours. The choice is yours as this property offers a wonderful opportunity for investors looking for the ability to live in and rent either home. Enjoy this classic, quiet and serene property steps away from the Magic Castle, Yamashiro, Grauman's Chinese Theater and the Hollywood Bowl! priced to sell move in and rent the ot
Great Investment Property! Each unit has 2 bedrooms and 1 bath. Located on a quaint walk street. Both units have been updated. Both units are separately metered for all services including water. There are no landlord utility expenses. Kitchens are updated with stainless steel appliances. Bathrooms have modern walk -in showers with subway tile. Washer/Dryer inside each unit with rolling barn doors. Laminate flooring throughout. Close to downtown entertainment.
2445 and 2447 Lake View Ave. Discover a unique opportunity with two free-standing homes, each boasting its own address and a 2-car garage. 2445 Lake View, the larger unit, will now be delivered vacant! It has been renovated top to bottom with new floors, paint, appliances and fixtures. This unit features a spacious layout with 3 bedrooms and 2.5 baths, while the second home offers a comfortable 2 bedrooms and 2.5 bath layout and is currently rented. Experience outdoor living with a private deck for the smaller home and individual balconies for each. Nestled in this superior Silverlake neighborhood, renowned for its architectural marvels, you're just minutes away from local favorites like Silverlake Wine, Gingergrass, Red Lion Tavern, and Whole Foods. Constructed in 1981, these homes blend classic charm with modern conveniences, including washer/dryer hookups and central AC and Heat. 2447 Lake View (2+2.5) is currently rented, providing immediate rental income, and will be delivered with tenants in place. Recent updates breathe new life into these homes, with a new deck, a new A/C Condenser, and renovations noted above. Don't miss out on this rare find in the heart of Silverlake!
We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for the ability to control utility costs. The average rent for the (6) occupied units is $1,083 per unit and offers a potential investor with approximately 64% upside in rental income. Buyers are encouraged to verify all building records and data for accuracy. Located south of E. Florence Avenue and east of S. Central Avenue, the subject property is centrally located in the heart of South Los Angeles and is a short distance from the 110 and 105 Freeways, providing access throughout all Greater Los Angeles. Tenants can also access multiple bus stops along S. Central Ave.
This classic California Craftsman Fourplex features a total of 7 bedrooms and 5 bathrooms within 3,600 sq ft, situated on a spacious 7,340 sq ft lot. With abundant potential, this property is perfect for investors looking to remodel/renovate or those considering new construction. Check with LA County for development options. The property includes a two-story Craftsman home with 4 bedrooms and 2 bathrooms showcasing original architecture details throughout. Separate structure housing two 1-bedroom units and an additional 1-bedroom unit above a 2-car garage. Exciting Opportunity to transform this property into a profitable investment! With the unit above the garage soon to be vacant, you can remodel it into a spacious 2-bedroom residence. Plus, there's potential to convert the 2-car garage into an additional 2-bedroom ADU, opening up new income possibilities. Don't miss out on this chance! Total of three structures on the lot. Please do not disturb occupants or walk on the property.
Discover this exceptional duplex featuring two well-designed units, each offering 2 bedrooms and 1 bathroom. The property includes a massive backyard, perfect for outdoor entertaining and barbecues, along with ample parking space that fits up to 6 cars and a detached 1-car garage for each unit. Both units are equipped with forced heat, air conditioning, tankless water heaters, dual-pane windows, and a sprinkler system with automatic timers. Conveniently located just minutes from LAX, the Inglewood Sports Hub, shopping centers, top-rated schools, public transportation, and providing easy access to the ocean and downtown LA. This property presents a fantastic opportunity to own a versatile home in a prime location.
We are pleased to present a rare investment opportunity situated on one of the most desirable streets in Boyle Heights. This property offers immediate income potential with three of its four units fully renovated and ready for occupancy at market rents. Key Features: Turnkey Investment: Generate immediate cash flow with three units already rented at market rates, currently producing a total monthly income of $8,440 ($101,280 annually). Desirable Location: Situated on a premier street in Boyle Heights, known for its strong rental demand and potential for appreciation. Modernized Units: Three units feature comprehensive renovations, including updated electrical and plumbing systems, new paint, windows, flooring, laundry connections, kitchen countertops and cabinets, and bathroom fixtures. Separate Metering: Individual gas and electricity meters for each unit ensure efficient utility management and cost recovery. Ample Parking: The property includes two separate buildings, each with a two-car garage, plus additional parking spaces, a valuable amenity in this urban location. ADU Potential: The existing two-car garage presents the opportunity for conversion into an Accessory Dwelling Unit (ADU), subject to local regulations, further enhancing the property's income potential. This property offers a compelling combination of current income, value-add potential, and a prime location. We invite you to schedule a private viewing to explore this exceptional investment opportunity further.
This multi-family property compromises 3 units. Front is a duplex with 1 bedroom and 1 bath each. In rear is 3 bedrooms with 1 bath, it is a 2-story building, 2 bedrooms and 1 bath is for upstairs and another 1 bedroom is downstairs. Prior to current seller purchased the subject property, it was rent 1 bedroom downstairs, Seller has a court dated on October 9th,24 for eviction to correct and follow the city code and permit to make it legalized and it can be 4 units later. Great opportunity to own this well-maintained Triplex. It considers centrally located for your next investment adventure. Fully occupied with long-term tenants and from all receipts showed all rents were paid on time. It has 3 meters for gas and 3 meters for electric. Tenants paid gas and electric bills, whereas owner pays for water, sewer, garbage. Residents can easily walk to main street (Olympic Blvd.), close to all transportation, restaurant and dining options, shopping destinations, convenience to tenants. This property situated on almost 4,852 Sqft.lot size. The levels space in rear is a private area for all to enjoy, low maintenance. It has a long driveway for parking. Easy access to FWY 710 North. Building in rear has potential for development of additional units, buyer(s) to investigate with City Code and Permits requirement.
Huge 400k Price Reduction! 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 6.5% Cap Rate and 11.1 GRM from day 1. The units (3 vacant) have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand-new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing 39% upside to 9.7% Cap Rate & 8 GRM on the proforma. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large ~10,554 SF TOC Tier 3 lot zoned C2 with future redevelopment potential.
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.
Discover this exquisite 5-unit trophy property, located in the heart of Carthay Square. On the market for the first time in over 50 years, this lovingly maintained, family-owned building showcases meticulous attention to detail and a deep respect for its original character. Each unit offers a unique layout, with four light filled one-bedroom apartments featuring beautiful hardwood floors, and a distinctive two-bedroom, 1.5-bath townhouse centrally located within the building. Modernized kitchens and bathrooms blend seamlessly with the property's vintage charm. Residents will appreciate the convenience of detached parking and the prime location, just moments away from the best of Los Angeles. Enjoy easy access to West Hollywood, Beverly Hills, Century City, places of worship, hospitals, renowned restaurants, and more.Please respect the privacy of our tenants and do not disturb them.
...We are pleased to present this rare investment opportunity at 1129 South Citrus Avenue in Los Angeles. This Fourplex is located in ''Longwood Highlands'', a highly desirable neighborhood south of Historic Hancock Park and north of Mid-City. This property is comprised of 4371 sq. ft. of living area within two, two story structures on a 6436 sq. ft. lot. The front unit, Spanish Revival Architectural style with many period ornamentations features. Each unit has 2 - 2-bedroom, 1-bath units, with formal living and dining rooms, separate kitchen with a breakfast nook and laundry hookups. This structure maintains its historic charm with ornamental iron works, Mayan arches, beams, hardwood flooring throughout, and fireplace. If you love a style that is down-to-earth casual but yet a bit classy, which is earthy and eclectic, this Spanish Revival style might be just for you. The rear structure is a contemporary style two story with two 1-bedroom and 1-bath units, offering spacious and comfortable living spaces perfect for any lifestyle. The property has four covered parking spaces. There are endless opportunities for the seasoned investor or first-time buyer. This is an exceptional opportunity to own a premier property in one of Los Angeles' most coveted and affluent neighborhoods, attracting professionals from nearby centers such as Hollywood, Century City and West Los Angeles. Don't miss out on this excellent investment opportunity!
Great corner lot Income Property with 3 units. The 3 bedroom and 1 bedroom units have been completely remodeled with new kitchen cabinets, bathrooms, flooring and more. They are ready to move in. The 2 bedroom unit is clean and in good condition. Property has lot of parking spaces, 3 car garages plus plenty of parking space in the front and rear drive way. Each unit has separate gas and electric meters. Great Investments or owner occupant property. Agents, please read Agents Remarks for showing and occupancy status.
Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods!
**Investor's Dream Fixer-Upper!** Unlock the incredible potential of this income-generating property! Featuring three 1-bedroom, 1-bath apartments and a spacious storefront with a 1/4 bath, this gem is located at 2112 & 2114 E. 92nd St, sharing the same APN. This property has Endless Possibilities: With extensive repairs needed, this is your chance to create significant value and transform the property into a lucrative investment! Don’t miss out on this chance to tap into a property with tremendous potential!
**10.03 GRM / 6.18% CAP In place +/- & 7.97 GRM / 8.60% CAP @ Market +/- & Three (3) RTI Adu's** We are pleased to present the opportunity to acquire The Roselake in the submarket of Historic Filipinotown (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 10-unit multifamily building built in 1965 with a footprint of approximately 4,716 SF, sitting on a 4,423 SF corner lot zoned LAR4. The Roselake offers an investor a significant value-add opportunity with approximately 25.88% (+/-) of potential upside in rents spread across a desirable unit mix. Delivered with 3 RTI ADUs, the property provides strong in-place income and upside potential. Additionally, it benefits from exceptional visibility and frontage, a low cost per unit, and the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a corner lot with parking and laundry, in a high-demand rental pocket surrounded by new development and continued gentrification. The Roselake is situated in Historic Filipinotown, a diverse and vibrant neighborhood. The property is located close to Echo Park, Hollywood, Koreatown, and Downtown Los Angeles, providing easy access to cultural and commercial hotspots. Historic Filipinotown offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants, and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.
First time ever on the market! Classic California bungalow house in front with a two bedroom, one bath unit at the rear. Enjoy amazing views of the city from the rear of the property. Property has been well cared for and is in move in condition. The owner also owns the adjacent vacant lot next door and is willing to negotiate an additional price for that parcel. This could be an incredible builder opportunity or a rental investment. Located at the top of the hill on a steep and narrow street. Very private location.
Charming 3-bedroom, 1-bathroom single-family home in South Los Angeles, featuring a vibrant teal blue exterior and an interior filled with potential. This 753 sqft home sits on a spacious 5,270 sqft LCR3YY zoned lot, perfect for future development or customization. Upon entering, you're welcomed by a quaint mini mud room with tile floors, leading into the living room and kitchen, both featuring warm wood floors. A unique walk-in closet is situated in the living room area, just across from the bedrooms, adding both functionality and storage space. The second bedroom includes a small walk-in closet, while all bedrooms are carpeted for added comfort. The bathroom is in decent condition but offers an opportunity for some tender loving care (TLC) to make it your own. The home also includes a detached garage, alley access, and ample street and driveway parking. Recent roof updates add to its appeal, and the large lot with LCR3YY zoning offers potential for expansion or redevelopment. Conveniently located near schools, parks, and local amenities, this property is perfect for investors or owner-users looking to maximize its potential.
R3 Zoning! This exceptional gated triplex is located in the coveted 90027 area of Hollywood/Los Feliz. Each generous unit includes washer/dryer hookups, separate gas and electric meters, and a shared water meter. The front house, currently owner-occupied, is located on a spacious lot. With high housing demand in the neighborhood, this property represents a prime opportunity for investors and developers alike, offering significant growth potential. The zoning and lot size provide the opportunity to build additional units.
Discover this diamond in the rough duplex just a short 7 min walk from the University of Southern California, offering incredible upside potential that presents an excellent opportunity to enhance its value and create a customized living space for the savvy investor or homeowner. The first unit features a spacious 4-bedroom, 2-bathroom layout, with a spacious functional kitchen—ideal for both students or family. The second unit is a cozy and very spacious 1-bedroom, 1-bathroom retreat, perfect for a single occupant or couple, with plenty of natural light creating a welcoming atmosphere OR with a little engineering and imagination you can add a second bedroom and still have ample space.This property is located in a vibrant neighborhood, this duplex allows for easy access to campus, local eateries, sports, and entertainment. With some TLC, this property can truly shine, making it a promising investment for those looking to capitalize on its potential. This duplex is tenant occupied with tenants in place, but don’t that keep you from missing out on this great opportunity!
Trophy Asset that has been meticulously maintained by ownership since 1973. Spacious Units with One Bedrooms averaging over 1000 sq. ft. and the Two Bedrooms averaging over 1300 sq.ft.(Buyer to Verify). Washer and Dryer in every unit. New Furnaces. 6-Single Car Garages. Hardwood Floors Throughout. Front and Back door Entrances for all units. Property was completely re-piped in the early 1990’s to include the main to the streetCorner Lot. Newer Individual Hot Water Heaters
Discover this exquisite 5-unit trophy property, located in the heart of Carthay Square. On the market for the first time in over 50 years, this lovingly maintained, family-owned building showcases meticulous attention to detail and a deep respect for its original character. Each unit offers a unique layout, with four light filled one-bedroom apartments featuring beautiful hardwood floors, and a distinctive two-bedroom, 1.5-bath townhouse centrally located within the building. Modernized kitchens and bathrooms blend seamlessly with the property's vintage charm. Residents will appreciate the convenience of detached parking and the prime location, just moments away from the best of Los Angeles. Enjoy easy access to West Hollywood, Beverly Hills, Century City, places of worship, hospitals, renowned restaurants, and more.Please respect the privacy of our tenants and do not disturb them.
Great corner lot Income Property with 3 units. The 3 bedroom and 1 bedroom units have been completely remodeled with new kitchen cabinets, bathrooms, flooring and more. They are ready to move in. The 2 bedroom unit is clean and in good condition. Property has lot of parking spaces, 3 car garages plus plenty of parking space in the front and rear drive way. Each unit has separate gas and electric meters. Great Investments or owner occupant property. Agents, please read Agents Remarks for showing and occupancy status.
This 8-unit apartment building is centrally located between Franklin Ave and Hollywood Blvd (just a around the corner from Los Feliz) offering investors a rare & significant rental upside in one of LA's most dynamic and stable rental markets. The property features (3) 2bed/2ba & (5) 1bed/1ba units. Two of the units have been remodeled and 3 of the units are currently vacant. With its prime location, 1812 N Wilton Place is a fabulous rental location for residents looking for immediate access to major Hollywood employers, Kaiser Permanente Hospital, Children's Hospital, American film Institute and LA City College. This is an ideal investment for apartment operators seeking a stable investment opportunity.
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.