Los Angeles CA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.09 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- CL24344977
View additional info
Courtesy: RE/MAX ESTATE PROPERTIES
ADDITIONAL INFORMATION
The property consists of four strategically positioned units in the prime West Los Angeles (WLA) area, featuring a unit mix of two 2+1 units and two 1+1 units. Noteworthy amenities include three single-car garages at the rear, accessible through the alley, and an additional off-street parking space in the front. Each unit is equipped with individual meters, and all units have long-term tenants currently paying below-market rents. This property presents a promising opportunity for investors interested in potential development projects. Whether the focus is on adding an Accessory Dwelling Unit (ADU) or gradually adjusting rents to align with market rates, there are various avenues to leverage the property's advantageous location and potential. These strategic measures have the potential to significantly increase the property's overall value over time. However, all potential buyers need to be aware of and thoroughly investigate Los Angeles rent control regulations and restrictions before proceeding with any plans. Understanding these factors is crucial for making informed decisions in the dynamic real estate market of Los Angeles.
- Type:
- Cluster
- Sq.Ft.:
- 1,826
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1931
- Baths:
- 3.00
- MLS#:
- 24344647
ADDITIONAL INFORMATION
*UNFORTUNATELY, AT THIS TIME PROPERTY IS ON HOLD UNTIL AGREEMENT WITH ALL PARTIES ARE REACHED REGARDING THIS SALE* ANY UPDATES REGARDING THIS DECISION WILL BE POSTED HERE ON THE MLS* THANK YOU ALL. This property consists of "TWO (2) INDIVIDUAL HOUSE UNITS ON THIS LOT", the smaller house on the corner of 79th & Towne is a fixer, vacant, and needs repairs. Title report says 4 bedrooms, 2 bathrooms; however, property presently shows 5 bedrooms, 3 bathrooms total. This entire property is being 'SOLD AS-IS" in IT'S PRESENT CONDITION WITH "NO FURTHER WARRANTIES AND/OR GUARANTEES OF ANY KIND RELATING TO CITY/COUNTY REPAIR REQUIREMENTS, PROPERTY SQUARE FOOTAGES, OR ANY OTHER KIND OF PROPERTY PROSPECTIVES". THIS HAS NO RESPONSIBILITY HELD UPON OR AGAINST THE OWNER(S), AND/OR THEIR LISTING BROKER/AGENT(S) AT ALL. Buyer(s) and their Broker and/or Agent(s) are to do their due diligence in researching All details regarding this property before making an offer to purchase. The tenant(s) own all of their appliances, and "Will Remain As Residing Tenant(s)", with property being for sale and sold. No Eviction Will Be Done By The Sellers! PLEASE DO NOT DISTURB THE TENANT(S) AT ALL & PLEASE DRIVE BY ONLY, & CALL ME (SEE AGENT REMARKS) for viewing appointments. Escrow time may be extended due to the trust clarification process. There Are No Lockboxes At All For Entry Access. "Seller Has Selection Of ALL Services". ** Properties For Sale Also Are: 8021 Towne Avenue, MLS #24-378467 And Vacant Land Lot APN; 6030-020-021, MLS #24-378471** Thank You All For Your Inquiries And Have An Excellent Day
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- CRSB24002517
View additional info
Courtesy: KP Realty & Associates
ADDITIONAL INFORMATION
Great opportunity to own an investment property. Front house has 2 bed and 1 bathroom with laundry room. Front Long driveway. Second building has 3 units 2-bedroom 1 bathroom each. Parking on the rear driveway. Each Unit has their own utility's meter. Very essay access to 110- Hwy and close to downtown LA.
$1,400,000
1050 S Bronson Avenue Los Angeles, CA 90019
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- CL24343671
View additional info
Courtesy: Mokins Realty, Inc.
ADDITIONAL INFORMATION
1050 & 1052 Bronson Ave. presents a freshly renovated residence and additional dwelling unit (ADU) for your consideration. Nestled in the historic Country Club Park HPOZ, the 1050 front home spans 1474 SF and offers three bedrooms and two bathrooms. The spacious living room, breakfast area, dining space, adjacent laundry room, and the incorporation of recessed lighting enhance the modern charm of this residence. The kitchen is adorned with brand new appliances, including a contemporary range hood and updated flooring, complemented by fresh paint throughout the interior. A new sprinkler system has also been recently added. Additionally, the 1052 home, originally a garage, has been thoughtfully converted into an ADU with proper permits. Ranging approximately 580 sq ft, this ADU features one bedroom, one bathroom, and a well-appointed kitchen. The surrounding large backyard provides an ideal space for a BBQ area, and its lush greenery offers ample room for fruit trees. Conveniently situated near public transportation, this property enjoys a central location in close proximity to Hancock Park and Koreatown. Embrace the blend of modern amenities and traditional charm that defines this meticulously revitalized property.
$3,050,000
1511 S Manhattan Place Los Angeles, CA 90019
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.3 Acres
- Year built:
- 1904
- Baths:
- MLS#:
- CL24343651
View additional info
Courtesy: Mokins Realty, Inc.
ADDITIONAL INFORMATION
Explore this must-see property showcasing a fully renovated and elegantly designed interior. The residence is comprised of a gated two-story building at the front of the property and another two story building at the rear. The primary building offers two units, one on each floor level, providing a total of 12 bedrooms and 10 bathrooms. Ample parking spaces, up to 20 gated spots, are available at the front and rear of the building. The secondary two-story building in the back features ground-level garages for six cars, with the second floor boasting four bedrooms and two bathrooms. This property presents a fantastic opportunity for someone wanting to acquire fully renovated units that can generate rental income. The property is currently being used as a rental with Airbnb, which is showing to be much more lucrative when compared to traditional lease number. Meticulously maintained and completely remodeled, this building is highly recommended for astute investors. The total lot size is 13,150 square feet, with the buildings taking up 8,700 square feet (with the main building at 7,150 square feet and the second building at 1,550 square feet).
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.18 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- CRPW24001545
View additional info
Courtesy: Urban Street Ventures, Inc
ADDITIONAL INFORMATION
Triplex with one: 3 bed/2 bath unit and two: 2-bed units. Two: 2-car garages at rear. Good money maker. Comes with plans for ADU conversion of garages.
$1,120,000
1678 Roosevelt Avenue Los Angeles, CA 90006
- Type:
- Cluster
- Sq.Ft.:
- 2,212
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1905
- Baths:
- 4.00
- MLS#:
- 23321311
ADDITIONAL INFORMATION
REASONABLY LOW PRICE FOR Harvard Heights,AND OWNER WILL CONSIDER AN OFFER AS WELL! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- CL24343081
View additional info
Courtesy: Marathon Estate Properties, Inc.
ADDITIONAL INFORMATION
Great opportunity to own a triplex in the heart of Los Angeles. It features one 3BR+2BTH that has been completely renovated. New kitchen with quartz counter top, top of the line appliances, new wall heater and laminated floor throughout. Two more units each with 2BR+2BTH. The exterior is freshly painted. In the back of the property there is room to build 2 ADUs which will bring additional income. This property is located close to Freeways, school and shopping center. Fully occupied. Interior showing with accepted offer only.
$1,595,000
4110 9th Avenue Los Angeles, CA 90008
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.15 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- CRCV24000998
View additional info
Courtesy: ARTHUR DRESCH REALTY
ADDITIONAL INFORMATION
Seize this exceptional opportunity to acquire a fully renovated triplex in the heart of Leimert Park, a vibrant and sought-after neighborhood in Los Angeles. This property has undergone extensive renovations, including a new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms, transforming it into a modern and desirable rental haven. With three spacious units all with their private laundry area and garage. Two large units featuring three bedrooms and two bathrooms, the smaller unit is two bedrooms and 1 bathroom. This triplex is poised to attract discerning tenants seeking stylish and well-maintained living spaces. This triplex presents an exciting opportunity for investors seeking a property with immediate income potential and the possibility to add value and increasing gross income by building an ADU above the large detached 3 car garage. The property's occupancy status allows new owners to set rental rates at market value, maximizing their return on investment. Schedule a viewing today to experience the potential of this exceptional investment property.
$1,650,000
3033 E 8th Street Los Angeles, CA 90023
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- CROC24000085
View additional info
Courtesy: XRealty.Net
ADDITIONAL INFORMATION
Don't miss the opportunity to own this 8-unit multifamily apartment complex, an investment primed for rapid value add! Offered at a competitive price. Each unit features a convenient 1 bedroom, 1 bathroom layout, with the bonus of separate meter. Although in need of some TLC, the potential for substantial returns is immense. With the right improvements, this property promises not only to increase in value but also to attract a steady stream of cash flow. Don't let this slip away, act now to transform this property into a lucrative asset!
- Type:
- Triplex
- Sq.Ft.:
- 2,756
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- CV23221345
ADDITIONAL INFORMATION
This triplex boasts a spacious main house with 3 bedrooms, 2 modern bathrooms, a cozy fireplace, elegant crown moldings, and a beautiful wrought iron front door. Additionally, it offers 2 separate units, each with 2 bedrooms and 1 bathroom, providing strong rental income potential. The property also features a spacious backyard ideal for entertainment, complete with a built-in BBQ, stainless steel appliances, and a patio with stylish stamped concrete flooring.
- Type:
- Mixed Use
- Sq.Ft.:
- 2,073
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- PW23227505
ADDITIONAL INFORMATION
Possible exclusion from LA rent control: https://shorturl.at/ch74k Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, strategically positioned for both residential and commercial success, boasts a substantial lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot salon, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the salon and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the salon. Furthermore, with the potential for an SBA loan, financing options add an additional layer of appeal for savvy investors. Priced attractively at $500 per square foot for the residential component, this property stands out in the market. Beyond its immediate income potential, the mix of commercial and residential elements positions it as a well-rounded investment with prospects for long-term appreciation. Don't miss the chance to explore this rare mixed-use gem in Boyle Heights. Contact us today to uncover the full potential of this dynamic property—perfect for those seeking a diverse investment portfolio or a distinctive house-hacking opportunity. Developer? Tier 2 TOC bonus available. Available separately or concurrently with neighboring property.
- Type:
- Mixed Use
- Sq.Ft.:
- 3,524
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW23227491
ADDITIONAL INFORMATION
$275K price update! MOTIVATED SELLERS! This mixed-use property features a blend of both commercial and residential spaces, making it an attractive prospect for investors seeking a diverse income stream and future growth potential. Boasting a generous lot size of 5,948 square feet, the property comprises two separate buildings—a 2,660-square-foot commercial market with a secure five-year lease and a 864-square-foot 2-bedroom/1-bath residence currently on a month-to-month tenancy. The commercial market provides a stable income with a remaining five-year lease, offering investors a reliable return at an attractive 7% cap rate. Meanwhile, the residential unit adds flexibility, allowing for owner occupation, rental, or potential conversion opportunities. This property presents a unique house-hacking opportunity by combining a commercial unit with residential space, allowing owners to live in one while generating income from the other, effectively offsetting living expenses. Priced at $500 per square foot for the residential component, this property is positioned competitively in the market. Its strategic location, with easy access to major transportation routes and proximity to downtown LA, further enhances its appeal. This investment opportunity not only provides immediate returns but also offers a diversified portfolio with long-term appreciation potential. Don't miss the chance to explore the possibilities of this mixed-use gem in Boyle Heights. Contact us today to seize this unique investment opportunity. Developer? Tier 2 TOC bonus available. Available separately or concurrently with neighboring property.
$1,700,000
812 N Van Ness Avenue Los Angeles, CA 90038
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- CL23340411
View additional info
Courtesy: Century 21 Hollywood
ADDITIONAL INFORMATION
Hot Hollywood area. 7 cute units close to the Studios. Two other units are currently rented for $ 747.00 & $1000. Sellers will only look at offers from Buyers with preapproved loans and source of funds. Buyer/s to cooperate with 1031 Exchange at no costs to them. Walk-thru only subject to Sellers' acceptance. Drive by only.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- CRDW23223556
View additional info
Courtesy: Realty One Group United
ADDITIONAL INFORMATION
BRAND NEW CONSTRUCTION BUILT IN 2022 2 SEPARTATE UNITS LEGALLY A 2 STORY SFR WITH AN A.D.U. ABOVE A 2 CAR GARAGE AND PARKING FOR 2-3 CARS OUTSIDE . 1ST UNIT FRONT SFR 3 BEDROOM 3 BATHS 1 BEDROOM AND BATH ON THE MAIN FLOOR. MASTER BEDROOM WITH MASTER BATH ON 2ND FLOOR PLUS 1 BEROOM AND BATH UPSTARIRS , CENTRAL AIR CONDITIONER AND HEATING COPPER PLUMBING FIRE SPRINKLERS AND 220 ELECTRICAL, TANKLESS WATER HEATER, FULLY INSULATED, NEW CONCRETE ALL AROUND WITH STROM DRAINS. REAR UNIT A.D.U IS A 1 BEDROOM 1 BATH ABOVE BRAND NEW 2 CAR GARAGE, WITH GATED PARKING DOOR, GREAT OPPORTUNITY FOR ANY BUYER TO LIVE IN OR INVEST AND START RECEIVING MARKET RENTS.
$3,250,000
611 N BEACHWOOD Drive Los Angeles, CA 90004
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- CL23338437
View additional info
Courtesy: Kingstone Properties, Inc.
ADDITIONAL INFORMATION
Larchmont Village, Hancock Park! Lot size approx. 7497 Sq. Ft. Near Paramount Studios. Beautiful Quiet neighborhood. Sensational Mediterranean Duplex with old world influences (duplex has two separated address) . Wonderful Upper/ Lower duplex in the heart of Hancock Park Larchmont Village, Play at Wilshire Country Club. Approx. living area 3,492 sq.ft Each Unit feels like a single family home. Both units have washer and dryer hookups in kitchen and Central Air Units, sunny living room multiple arched windows, famous Batchelder fireplace, hardwood floors, elegant formal dining room. Lower floor features 3 spacious bedrooms and 2 full baths . Upper unit has a beautiful staircase that leads to 4 bedroom 3 baths with hardwood floors and new wall closets. Circular driveway in front, the back yard has Two generous car garages and a small storage. Lots of carport parking behind security Electric roll up Gate, YARD has lots of fruit trees and beautiful flowers, beautiful artifical Grass installed in 2020.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1933
- Baths:
- MLS#:
- CL23337525
View additional info
Courtesy: Rodeo Realty
ADDITIONAL INFORMATION
ATTENTION ALL DEVELOPERS, REMODELERS & MULTI-UNIT INVESTORS! Exciting opportunity in a prime location! This two-story duplex, nestled on a 6,384 sq. ft. lot zoned {Q}-LA-R3-O and under TOC Tier 2 (Transit Oriented Communities), offers immense potential. Each unit, comprising 2 beds and 1 bath, currently houses tenants with rents of $2,720/month and $1,665/month, respectively. This property also boasts an exceptional Pedestrian Friendly rating of 9.6 out of 10, highlighting its accessibility and appeal to a wide tenant base. The true value lies in its future possibilities: Plans have been submitted for final approval and will be RTI within a short period for a transformative 14,000 sq. ft., 4-story apartment building with 26 affordable housing units, promising a significant transformation and lucrative investment opportunity. This lot is ripe for various ventures, including renovation for rental upside, ground-up development of the approved 26-unit affordable housing apartment complex, condominium & small lot subdivision projects, as well as additions of ADUs. The R3 zoning offers flexibility, allowing developers to explore other variances with the city of Los Angeles as applicable. Buyer is advised to conduct thorough due diligence and verify all remodel & development possibiliti
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.2 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- CL23336867
View additional info
Courtesy: Compass
ADDITIONAL INFORMATION
Vacant, Move in ready 3 bedroom 2 bath detached home with 2 1 bedroom/1 bath units on 8,643 sq ft lot. Perfect if you're looking for a home with investment opportunity! Use back units to supplement your mortgage or have a solid investment that is a 6 cap rate with upside. The front house features recessed LED lighting throughout and central A/C and heat. All 3 units updated with tile floors, new kitchens, remodeled bathrooms, laundry hookups and quadruple paned windows. The back building is a charming Spanish style complete with archways, built ins and a view of DTLA from upstairs. 3 separate addresses and separate gas and electric meters. Minutes away from the new stadium, parks and easy access to freeways.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- CRP1-15904
View additional info
Courtesy: Keller Williams Realty
ADDITIONAL INFORMATION
This duplex is centrally located from everything Los Angeles has to offer- from the beaches to the mountains and everything in between. SoFi Stadium and multiplex is blocks away.Close to Downtown LA, and easy access to freeways. Each spacious unit is 2 bedrooms and 1 bath with tankless water heaters and washer dryer connections inside. There are upgraded windows for sound, copper plumbing and ABS sewer lines. The bottom unit was renovated. The lot is large enough to add unit(s). Two car garage in back. Live in one unit and rent the other to offset your mortgage. Please Do NOT disturb the occupants of the property.
$1,100,000
3968 Arlington Avenue Los Angeles, CA 90008
- Type:
- Fourplex
- Sq.Ft.:
- 2,720
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- AR23130464
ADDITIONAL INFORMATION
Property consists of One Single family house & Three 1 bedroom /1 bath unit , one upstairs 1 bedroom renovated .Front house has 3 bedroom/2 bath. Provided 2 single garage and used as storage, 3 carpool parking and 1 open garage. good size back yard and convenient location . Convenient Location .
$1,410,000
6945 Kittyhawk Avenue Los Angeles, CA 90045
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- CRPW23211989
View additional info
Courtesy: Compass
ADDITIONAL INFORMATION
Exceptional Value-Add Multifamily Opportunity in Westchester! Discover an outstanding investment opportunity at 6945 Kittyhawk Ave. Nestled on a tranquil street in the core of Westchester, this property is a rare gem just minutes away from the 405 and Westfield Mall in Culver City. Key Features: Strategic Location: Positioned in the heart of Westchester, this property offers easy access to major routes, including the 405 freeway, and is conveniently located near the bustling Westfield Mall in Culver City. Professional Management: Under the watchful eye of professional management, this property has been meticulously maintained, ensuring a high standard of living for residents. Unit Configuration: The property features three 1-bedroom units and an attractive 2-bedroom unit, providing a diverse range of options for prospective tenants. Value-Add Potential: Each unit presents an exciting opportunity for repositioning, allowing you to maximize rental income and achieve top-of-the-market rents. Parking and Amenities: Enjoy the convenience of four parking spaces and a dedicated laundry room, enhancing the overall appeal of the property. Act Quickly: A Rare Repositioning Opportunity Seize the moment with this exceptional property that not only holds immense repositioning potential but al
$4,495,000
10357 Ashton Avenue Los Angeles, CA 90024
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- CL23333615
View additional info
Courtesy: Marcus & Millichap
ADDITIONAL INFORMATION
We are pleased to introduce 10357 and 10361 Ashton Ave, a compelling nine-unit investment opportunity situated in the prestigious Westwood submarket of West Los Angeles. This property is comprised of two adjoining parcels that share a central courtyard. The eastern building, 10357-10359.5 Ashton, boasts 3,320 sqft of living space and comprises four units, including two one-bedroom, one-bathroom units and two spacious two-bedroom, two-bathroom units. Built-in 1953 with a sturdy wood frame and stucco construction, the property also features an additional non-conforming studio unit, approximately 400-500 sqft, situated above the two two-car garages at the rear of the property. Notably, this space has the potential for conversion into an Accessory Dwelling Unit (ADU), offering immediate potential for renovation and rental income enhancement. The western building, 10361-10365.5 Ashton, is a timeless structure with 3,954 sqft of living space. Built-in 1937 with a wooden frame and stucco construction, it offers five generously sized one-bedroom, one-bathroom units, each exuding its unique charm. There are two two-car garages and one one-car garage in the rear alley of the property. This exceptional property is conveniently located just one block south of Wilshire Blvd and to the east of
$1,750,000
5256 Meridian Street Los Angeles, CA 90042
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.12 Acres
- Year built:
- 1986
- Baths:
- MLS#:
- CL23330817
View additional info
Courtesy: Equity Union
ADDITIONAL INFORMATION
Fantastic opportunity to purchase a 5% CAP rate quadruplex in prime Highland Park just north of the trendiest stretch of York Blvd. Situated on a tree lined street of mostly residential properties, all 4 units are 2BR+1BA and appx 675 SF each (per title). Built in 1986, the property underwent a full gut remodel in 2018-2019, in which the roof was replaced, facade updated, kitchens and baths were remodeled and stackable washer/dryers added inside the units. It is virtually a new building given the amount of work it received. The property is also NOT subject to the City of LA's RSO, or Rent Stabilization Ordinance (due to the 1980's construction). It is only subject to the State of CA AB1482 Rent Control, which allows 5% + CPI per year (8.8% for 2024). This is a pride of ownership property in a superb location with excellent in place rents and room to grow. Deals this good this are rare - act quickly before it's too late! With a current monthly income of $9,550, this is a trophy asset in a prime location ideal for an investor with discerning taste. All Units Have MiniSplit AC and Heat, In Unit Washer and Dryer, Stainless Steel Appliances Including Dishwasher and Microwave, 100% Copper Plumbing, Separate Gas, Electric & Hot Water Heaters, Ring Doorbells, 2 Parking Spaces, and Shared
$1,150,000
5400 Thornburn Street Los Angeles, CA 90045
- Type:
- Cluster
- Sq.Ft.:
- 2,087
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.3 Acres
- Year built:
- 1950
- Baths:
- 3.00
- MLS#:
- 23330081
ADDITIONAL INFORMATION
This is a unique opportunity to buy a triplex in high-in-demand Westchester, with 2 of 3 units delivered vacant. Located on a large 12,929 SF lot that's zoned LAR3, there's even more development potential as the Seller owns and is selling 1.49 acres of vacant land located directly behind 5400 Thornburn Street for $850,000. The triplex and vacant land can be sold together or separate, and Seller Financing may be available for both. Tenants are centrally located near the 405 Freeway Entrance/Exits and Metro Lines, and just minutes away from SoFi Stadium, Intuit Dome, Hollywood Park Casion, The Forum, Playa Vista, Kenneth Hahn, and much more. The next owner can consider doing a lot line adjustment between the triplex and vacant land to connect the two and create a large parcel assemblage for re-development. There are 3 on-site garages that can be explored converting into a large ADU to turn the triplex into 4 units and add substantial income. Tenants pay for gas, electricity and trash, and Landlord pays for water & sewer.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- CRSR23200601
View additional info
Courtesy: JohnHart Real Estate
ADDITIONAL INFORMATION
Located in the heart of Downtown Los Angeles, a remarkable opportunity awaits the ideal buyer. This multi-unit building features six units with a total living space of 2,720 square feet. Each unit is equipped with one bedroom, one bathroom, and a private front patio. Security is ensured with a gated entrance. The property enjoys a prime location, directly across from South Park, providing convenient access to the recreation center, community pool, and the Football Academy. Additionally, the building's proximity to the 110 freeways, schools, markets, and various amenities further enhances its appeal.
Los Angeles Real Estate
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.
Los Angeles Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.