GREAT INVESTMENT OPPORTUNITY! One unit can be occupied by the owner while the other is rented out to tenants. The rental income from the second unit can be used to offset the owner's mortgage payments, making homeownership more affordable. Each unit provides 3 Bedroom 2 Bathrooms with potential to built two additional units. New roof installed this year. Freshly new paint. Provides a long drive way, plenty of space for parking. This property is centrally located, nearby USC, minutes away from DTLA, BMO stadium, Los Angeles Memorial Coliseum, Natural History Museum of Los Angeles and many more historic attractions.
The Orange Grove Portfolio - 356, 360, 366 N Orange Grove Ave, represents an extraordinary opportunity to purchase assets that haven't been available for sale in over 50 years! It's a one-of-a-kind chance that will allow the astute investor to purchase 3 contiguous parcels located within a highly desirable sub-market characterized by affluent demographics and substantial barriers to entry. This expansive 19,201 square-foot property, spread across three contiguous parcels, represents an exceptional investment opportunity with its LAR3 zoning providing a solid foundation for various residential development projects. Additionally, its Tier 3 classification within the Transit Oriented Communities (TOC) program offers strategic benefits, including density bonuses, height incentives, and potential parking reductions, making it an ideal canvas for high-value multi-unit housing or innovative urban developments. Per our calculations, a buyer can build up to twenty-eight (28) units (buyer to verify).
BIG REDUCTION, Nice property,excellent rental area located a few blocks from USC, large basement with a laundry room for extra income.Separate meters for Gas & Electric.mix six 2 bed, two 1bed , don't wait to long with this one has a lot of potential .
Price Reduction!!! Seller Is Motivated!!! This 3 Unit Multi-Family Residential Triplex Features Both Unit 1 & 2 are 4 Bedrooms and 2 & 1/2 Bathrooms each. Unit 3 is a 3 Bedroom and 2 Bathroom unit. All 3 Units feature a Master Bedroom with their Private Bathroom. Unit 1 has a 2 Car Garage and Units 2 & 3 both have a 2 Car Tandem Garage each. The 3 Units Total Living Area is 4,260 Square Feet. The Property is Multi-Family Residential but is Zoned LAR4. Check with the City of Los Angeles to confirm Current Zoning. The property has ample Parking in Front of the 3 Garages Accessed through the Alley off E 90th Street. Tenants have additional Parking on 90th Street alongside of the Complex Entrances. The Units have been Approved and are Under Section 8. Unit 1 is currently Vacant and can be renovated by the close of escrow or Seller is willing to credit $4500.00 at the close of escrow. The Section 8 market rent for the this 4 Bedroom unit is $4,320.00 effective as 01-01-2024. The rents are be below market. Potential Buyers May Increase the Rent in compliance with the governing Laws. Information is Deemed reliable. Agents to do your due diligence to confirm accuracy of information. The City of Los Angeles is known for its revitalization, Public Transportation, Schools, Shops, Restaurants and much more. Don't Let This Great Opportunity Pass You By!!!
We proudly present 2360 W Washington Blvd, a recently renovated 20-unit mixed-use property strategically positioned in the heart of Los Angeles. The seller has made a substantial investment of over $700k in capital expenditures and 17 out of 17 apartment units are completely turnkey. These units boast modern upgrades such as new flooring, updated appliances, contemporary lighting, and sleek kitchen and bathroom designs. Additionally, all renovated units feature in-unit laundry, with the exception of the bachelor unit. The property also offers 2,932 square feet of ground-floor retail space, and it's located in a rapidly gentrifying neighborhood, adjacent to numerous new development projects, promises immediate upside potential in rents. The location of the property also provides easy access to major freeways like the 10 and 101 and proximity to key employment centers. Furthermore, it is a short drive from popular dining, shopping, and entertainment venues in West Adams, Koreatown, and Downtown LA.
GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.
Old charm spacious unit with hard wood floor. rent under market. listing agent is the owner
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.
Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property's appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside.
Great Opportunity, to own 2 units in Los Angeles. Live in one and rent out the other. Each unit is 2 bedroom 1 bath. Seperate buildings with plenty of parking space available. Centrally located near major shopping schools and freeways.
Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. There’s plenty of potential with this property and provides many possibilities! Find out more today!
Income opportunity. 2 separated units with upgraded kitchen, bathrooms and flooring.
11830 Courtleigh Dr. is an impeccably designed 30 unit trophy building located in the heart of Mar Vista. The property boasts a contemporary aesthetic, both inside and out, featuring sleek designs with large windows that invite natural light The building consists of an eclectic mix of spacious units, catering to various lifestyles. The unit mix consists of 1 Oversized Studio + 1 Bath Unit, 8 One Bedroom + One Bath Units, 11 Three Bedroom + Two Bath Units, and 10 Loft + Bonus + 2 Bath Units. The interior spaces showcase premium finishes and fixtures, offering residents a luxurious living experience. Modern appliances, elegant flooring, and stylish cabinetry are just a few examples of the attention to detail. Residents can indulge in a variety of amenities including open floor plans, polished concrete and luxury vinyl flooring, low noise technology featuring double walls with insulation to ensure privacy, laundry with private in-unit washer and dryer, Nest brand thermostats, prewiring for DirecTV, Internet, and telephone, package concierge service. The building benefits from its proximity to major entertainment and media tech hubs making it an attractive option for professionals seeking both convenience and comfort. Only a short distance to major entertainment & tech companies incl
**BRING OFFERS** **MOTIVATED SELLER** We are pleased to present the opportunity to acquire Gramercy Place Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid City and Koreatown. This offering includes a 11 unit multifamily building built in 1962 with a foot print of approximately 9,828 SF, sitting on a 8,899 SF Lot zoned LAR3. Gramercy Place Apartments offers an investor a significant value add opportunity with approximately 36% (+/-) of potential upside in rents spread across a desirable unit mix of mostly 2 bedroom units. This well-located multifamily property offers an investor a rare opportunity to secure a good sized asset in a high demand and growth submarket with real reposition opportunity. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid City and Mid-Wilshire to the west, jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stre
Calling ALL INVESTORS! Exceptional chance to acquire a duplex tailored for co-living or transitional housing. This modern property, constructed in 2016, boasts 16 bedrooms and 16 bathrooms, ideally suited for this investment avenue. Conveniently situated not too far from USC and downtown LA, with excellent access to public transportation.
Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 4-unit property with great views on an oversized lot in the heart of Silver Lake. Cheerful landscaped native plant garden. Across the street from Bellevue Park. Rent vacant unit at market rates or live in one unit and rent the others! There are two apartments on each floor, each with its own entrance. Steps to Sunset Junction and Virgil Village shops and restaurants with Hollywood Hills, Griffith Park and DTLA views. Each unit is unique and has been lovingly maintained. Two 2 + 1. Two 1 + 1 that have extra room that could be used for an extra bedroom. Extensive Copper plumbing and electrical updates made in the 1980's. One of the top floor 2 bedroom apartments will be delivered vacant. It is freshly painted, carpeted and has new kitchen and bath flooring. Perfect for an owner's unit. Onsite parking for each unit and even guest parking! Nice common area backyard for gardening and socializing. Basement storage area as well! DO NOT DISTURB TENANTS!
Rare opportunity to purchase 4-unit mix-use property. The 2 story building is configured into 2 commercial spaces on ground floor level, 5bed 2 bath on second level. Two gated driveways, parking spaces can fit 3-4 cars. Detached 3-car garage structure. Additional free standing 3bed 1 bath house at rear of property with it's own driveway. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or investment purchase. Newer roof on one of the buildings. All tenants current on rents. Selling AS-IS, no repairs. Do not disturb occupants.
Fantastic investment opportunity in a prime location! This property is situated in the sought-after USC area, making it an ideal choice for savvy investors, especially those interested in student housing. The location within a patrol zone adds an extra layer of security and peace of mind. Recent upgrades have expanded the property, with two new units built in 2022, resulting in a total of 4,316 square feet across all three units. Please note that square footage details, as provided by the current owner, should be independently verified by the buyer and their agent through thorough due diligence, including consultation with city authorities. This property offers incredible potential, given its proximity to the university and the growing demand for student housing. Buyers are encouraged to conduct their own research into the local real estate market, university enrollment trends, and any pertinent regulations related to student housing. For an outstanding investment opportunity that merges location, expansion, and potential, look no further. Property sold as is.
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** ................................................................................................................................................................................................................... Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
NEW LOW PRICE. ALL 3 APARTMENTS ARE VACANT. It took us a year to get these dead-beat tenants out. None of them were paying rent. They are out, so the new owner can put their own tenants in at the price they want. This is a very rare situation. All 3 units are move-in ready. This Spanish-style property located in the exclusive Picfair Village consists of 3 units in 2 buildings. The front 2 units are 2 beds and 1 bath each apartment, while there’s a 1 bed 1 bath unit over the 3-car garage. The front 2 bed downstairs apartment could be considered the “owners” unit. Remodeled with granite countertops, stainless steel appliances, A/C, washer and dryer hookups and hardwood floors. The view from the 1 bed apartment is spectacular. It’s a million-dollar view of downtown LA and the San Gabriel mountains. Unbelievable view from the huge balcony. It has copper plumbing, new service panel, automatic drip watering system. This is a big lot that possibly can be used for an additional ADU. You’ll need to check with the city. There is a common area that can be used as a BBQ area or even a Zen Garden. You decide. There are 3 separate gas and electric meters, so let the tenant pay for those utilities. Very desirable neighborhood, come see for yourself. You’re gonna love it.
TWO ON LOT: The front house is an SFR with 4 bedrooms and 2 baths and a small front yard. The rear building is a two-story bldg that has 2 one bedroom and one-bath apartments and a single with one-bath. The property has an attached 4-car garage in the rear of bldg. The property has been maintained well. Buyers have the potential to live in front of residents and rent the three units out in the rear.
Great investment property and opportunity for long term income seeking investors. Move in one unit and rent the other unit to pay for the mortgage! The property can also propose an ADU build out at the back of the property. The unit mix consists of two (2) 3 bedroom and 1 bath each unit, sharing a common wall. All single story, separately metered for gas and electricity, occupied by long term tenants on month to month leases which offers immediate upside in rental income. The property is nestled in the best residential neighborhood in Los Angeles with continued growth and developments. Their is ample parking for each unit, up to 7 parking spaces at the back of the property. The property is 100% tenant occupied. DO NOT DISTURB THE TENANTS, drive by only and submit an offer "subject to" interior inspection. Se habla Español.
Mixed use property with residential 3 bed/1 bath upstairs and commercial unit on the ground floor (both occupied). There is a paved yard area at the rear and 2 car garage with striped parking in the front. Ground floor unit has a multi-year lease and upstairs residential unit is currently on a Month to Month.
Location! Location! An excellent opportunity to own this 6 unit apartment property in the heart of Korea Town.A minute walking distance to banks, shopping, restaurants and transportation. All 2 bedrooms 1 bathroom, clean and well maintenance,zoning LAR4. There are a total of 6 parking spaces at the rear of the property. No Soft Story Earthquake Seismic Retrofit needed. Potential for ADU and storage units . Don't miss this chance to invest in a property with a solid rental history and potential for growth. Whether you're a seasoned investor or a new entrant into the market, this 6-unit gem offers an excellent foundation for building your real estate portfolio. Seize this opportunity to become a part of this thriving community and secure a valuable asset in a prime location! Please do not disturb tenants, drive by only..
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.