We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
Pleased to present the opportunity to acquire 2123, 2123 half, 2125 S. West View st. Los Angeles CA 90016. This sale offers the opportunity to purchase this new constructed 3 units townhomes which is located in West Adams, just down the street from Culver City. This multi-family units townhouse accommodates stainless steel appliances and an ample parking garage with a secured fenced lot.
DreamERE, Commercial Expert Real Estate-SoCal Team, as exclusive advisor, is pleased to present the opportunity to acquire 2 residential buildings which are 1243-1243 half, 1245-1245 half Catalina St. LA, CA 90006. This sale offers the opportunity to purchase the property which is modern and luxury 3 beds/ 4 baths duplex of 2 residential condominiums. It has beautiful floor plans including attached garage space and also an open space at the front of the building. All the kitchen appliances are all renovated, washer and dryer are in unit.
Price Reduction!! Ready to invest and own your own Quadruplex? - Great Mix of 3 bedroom/1 bath, 2 bedroom 1 bath, and remaining two units 1 bedroom/1 bathroom. Property is located minutes away from Downtown Los Angeles, USC, and Koreatown. Great Opportunity!!
Rare opportunity to own this 4 unit apartment building in Glassell Park. All units will be delivered tenant free at close of escrow. Potential to add value with the adjacent land parcel number 5446-020-018 included in the sale.
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. ** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 7.3% without relocating any residential tenants. The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. Two One-Car Garages can be Converted into One Studio ADU, Making Seven Total Residential Units. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187,560 net and bringing your total building NOI to $221,773 or a 7.3% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. The property has a generous 8,248 square foot lot zoned C2 that can be combined with additional square footage of approximately 374 square feet given the abutting a
This Leimert Park triplex is a great opportunity for a building on an R-3 lot that backs to an alley. One unit will be delivered vacant, and the other two units have had recent 4% increase that is refelected in the rent rolls. The sellers have made many improvements, list upon request. The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive location for an owner to live in one unit and collect rents from the other two units, or a fantastic investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.
Welcome to this charming Leimert Park Duplex, offering the perfect blend of classic elegance and modern comfort. With 2 bedrooms and 1 bathroom in each unit, this property provides spacious living spaces that are both functional and inviting. Upon entering each unit, you'll be greeted by a large family room which offers ample space for relaxation and entertainment, creating a warm and welcoming atmosphere for residents and guests alike. Each unit boasts over 1,500 square feet of living space, ensuring plenty of room to spread out and make it your own. Whether you're looking for a comfortable family home or an investment opportunity, this duplex has you covered. Additionally, the property features a detached garage, providing convenient storage space or parking options. There's also plenty of on-street parking available, making it easy for residents and visitors to find a spot. Don't miss the chance to live in one unit while generating income from the other, making this a fantastic investment opportunity. Leimert Park is a highly desirable neighborhood known for its cultural richness, parks, and close proximity to shopping, dining, and entertainment options. Experience the best of both worlds classic charm and modern convenience in this Leimert Park Duplex.
Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.
Two nice separate houses on a lot in Los Angeles for sale. Each unit is a 2 bedroom 1 bath with good floor plans. Property is tenant occupied and will be sold tenant occupied. Perfect opportunity to purchase an income property. This property is located within 3 miles of the exciting new SoFi stadium and entertainment complex in Inglewood. Close to grocery stores.
Great area. Single story duplex, side by side. each unit has 1bed and 1bath with 2 walking closets. Living room, Dining room and in unit laundry room. Sizeable of front porch and huge back yard with fruit trees and possibility of ADU.
In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.
We are pleased to present 2330 W 3rd Street, an architectural awardwinningmixed use creative space opportunity in the heart of Westlake, one ofLos Angeles' fastest growing neighborhoods. This rare trophy Mid-Century assetconsists of ten commercial suites and one large 2 bedroom penthouse. This iconic glass, brick, and stucco Mid-Centurybuilding wraps around a beautifully landscaped centralcourtyard. Every creative suite is unique and boastrare features such as floor to ceiling glass windows,open beamed ceilings, their own private bathrooms,and brick wood-burning fireplaces. The 8,262 squarefoot building sits on 11,721 square feet of land zonedLAC2, allowing for a variety of commercial, residential,or mixed uses. With approximately 100 feet of frontagealong 3rd street, 2330 W 3rd Street presents itself asone of the most recognizable architectural buildings inWestlake with excellent visibility, lush palm trees, andconvenient ingress and egress. Westlake, located right outside Downtown'semployment hub, is a bustling neighborhood with arapidly gentrifying demographic. Westlake is adjacentto other notable neighborhoods, including Echo Park,Pico Union, Downtown and Koreatown. The subjectproperty's location is ideal as it is walking distanceto thousands of jobs, transportation options a
We are pleased to exclusively present the opportunity to acquire 1423 North Alexandria Avenue, a multi-family investment property ideally located in the heart of East Hollywood, California, one of the most desired rental submarkets in all of Los Angeles. The property sits just east of Normandie Avenue, between Sunset Boulevard and Fountain Avenue. Constructed in 1914, the property sits on 0.15 acres (6,792 square feet) of land and has a total building area of 2,408 square feet. The property features a single family three-bedroom/two-bathroom residence in the front and a duplex in the rear with one-bedroom/one-bathroom floor plans. The charming single-family residence offers gated entrances, tile front porch, paved walkway, fireplace, and multiple entrances to the house. Residents in the duplex units enjoy private backyards. All units are individually metered for gas and electricity, and single-family residence has a separate hot water heater. There are multiple on-site open parking spaces as well as street parking. With a walk score of 90, the property is conveniently located within the Little Armenia neighborhood bordering Los Feliz, Griffith Park, Melrose Hill, Silver Lake, and the Hollywood Hills, providing residents with countless amenities and opportunities to explore new ex
Boyle Heights. Investors delight!!! Two homes in one lot. Front house with inviting front porch has original hardwood flooring under carpet, two bedrooms, one bath plus utility room. Rear home is a one bedroom, one bath with spacious kitchen and laundry area. Great size lot parking for six cars. Additional sheds on property. Individually metered. Same family for over 65 years. Both homes vacant at COE. Trust sale no court confirmation needed. OPEN THIS SUNDAY 1/21 FROM 1-3PM. ALSO SHOWING IT TOMORROW FRIDAY THE 19TH AT 10:00AM ONLY.
The Fountain Apartments were built in 1953 and feature 8 units within the two-story complex. The property is centrally located in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the endless restaurants and cafes. With a walk score of 86, the Fountain Apartments would be ideal for many of today’s renters just looking to be able to walk down the block for a cup of coffee at the nearby Starbucks. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units have been very well maintained and include several upgrades such as flooring and lighting. In addition, the property’s roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the liveliness of Hollywood.
Detached Duplex, and investment opportunity with lots of potential in prime location near Echo Park/Silverlake , minutes to historic Echo Park Lake, and adjacent to DTLA. Front Home is perched up stairs with city lights view and it is a craftsman, 2 bedroom 1 and 1/2 baths approximately 1,150sqft and, rear detached unit is 3 bedrooms, 2 baths, approximately 1,597 sqft. Both units are fixers and as such priced to sell. Fully leased with room for upside, with great paying tenants. Street parking only.
1057 S Hobart BL(3units) 1056 S Serrano Ave ( 4 units ). Both parcels total 7units are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from shopping, restaurants, entertainment and Downtown LA. Seller's is MOTIVATED.
1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from restaurants, shopping, entertainment, and Downtown LA. Seller's is MOTIVATED.
CALLING ALL INVESTORS! This is an opportunity to own this beautiful well-kept triplex home centrally located in Los Angeles. It has a stand alone 2 bedroom 1 bath unit and 2 additional 2 bedroom, 1 bathroom units in a prime location! Each unit includes its own laundry area. Tenants pay their own electricity and gas. Owner pays for water. Home is located minutes away from USC and the Los Angeles Memorial Coliseum. Broker is pleased to offer for sale this over 6,300 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and about a mile from University of Southern California (USC). The triplex is tenant occupied. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - It provides easy access to all of USC's landmarks, academic buildings, and entertainment options. This is a probate sale that requires Court approval.
Excellent investment opportunity in the heart of South Los Angeles! A versatile property from owner-occupancy to investment, this is a centrally located income-producing duplex with LAC2 zoning. 3 bed/2 bath Spanish style back unit features an excellent floor plan, 809 square feet of living space, and an updated kitchen with stainless steel appliances. Front 1 bed/1 bath Mid-century style unit also offers a highly functional floor plan, 550 square feet of living space, and is in similar condition. Both units are in move-in ready condition and highlighted by updated kitchens, electrical system, and copper plumbing. Laminate flooring is offered in the bedrooms with tile flooring throughout the communal areas. Long driveway offers plenty of space for multiple vehicles. Both units are separately metered for electricity and gas. Owner pays for water only. Tenants pays for electricity, gas, and trash. Conveniently located to USC, YMCA, public transportation, and shopping. With so much to offer and with easy access to the 110 and 105 freeways while being just moments away to the state-of-the-art entertainment venue SoFi Stadium, home of the Los Angeles Rams and Los Angeles Chargers, this is truly a superb investment opportunity that you do not want to miss!
Assumable Financing Available! 3.65% Interest Rate Fixed Until Feb 1. 2027. The loan amount is around $1.8M. Very rare to find an asset like this in Westwood, one of the most desired pocket of Los Angeles. You will not find a better price/unit or price/sf in the area. 10786 Missouri Ave is a 8 unit trophy asset located in an A+ area. The subject property is priced at $537k/unit and still has room to improve the income. Once rented for market, 10786 Missouri Ave will operate at a 5.46% CAP and 13.05 GRM. This is the ideal asset for any investor looking for cash-flow and appreciation in one of the nicest neighborhoods in Los Angeles. 10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2) 2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be delivered vacant. Due to its location, the subject property demands high rents, beneficial to any new buyer. There are 5 tandem parking spots, as well as 2 parking spaces in the rear. Located just minutes away from many shops, restaurants and other entertainment- this is a renter's dream! With a 89 walk score, this property is considered a walker's paradise.
Location! Location! Location! Charing 4 unit apartment building steps from Echo Park lake and Sunset Blvd dining and nightlife. Each unit is One Bed/Bath. One unit is vacant. Sited on 6,232 SF lot that fronts Park and Bonnie Brae. Current monthly income $6,794. DEVELOPER ALERT! Seller has TOC & CDO approved plans for 14-Unit apartment building and 3 ADU's can be added! Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. Seller will not deliver RTI. Seller will not relocate existing tenants. Laundry is on site (coin op) and each unit has it's own water heater. OFFERS DUE BY MONDAY (1/15) BY 5PM.
The median home value in Los Angeles, CA is $1,075,000. 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 $1,075,000. 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.