Exclusive Investment Opportunity in Prime Los Angeles Location - 164 W Vernon Ave. Embrace the potential of this classic 4-unit residential property, offering a unique blend of charm and investment savvy. Nestled in the heart of Los Angeles, this property presents a rare opportunity for owner-occupants looking to delve into the art of house hacking or for astute investors aiming to maximize their portfolio with significant value-add prospects. Featuring two inviting structures, each with its own character - the front building houses Units #164 & #166, showcasing spacious 2-bedroom, 1-bath layouts brimming with natural light. The rear building introduces Units #164 1/2 & #166 1/2, comprising two efficiently designed studio units, one of which will be delivered vacant, ready for immediate occupation. The tenants are on month-to-month agreements. Additionally, the property may qualify for Fannie Mae's 5% down payment scheme for owner-occupants, subject to lender approval - an enticing incentive that amplifies investment appeal. Just minutes away from the University of Southern California (USC), Downtown LA (DTLA), and a host of iconic attractions including the Crypto Arena, Exposition Park, the upcoming Lucas Museum, the vibrant Art's District, LA Live, and the Banc of California St
MAJOR $400,000 PRICE REDUCTION. See DOCs section for OM. 707 Crenshaw Boulevard is a ten-unit classic 1940s vintage apartment building constructed in 1940. The unit mix consists of six light housekeeping units, one studio, two 2bedroom/1bathroom units and two 3bedroom/2bathroom units. The 3bedroom/2bathroom units were originally 2bedroom/1bathroom units and were converted with permits. The newly added bedrooms/bathrooms in each of these units have their own entry and have been leased separately from the rest of the unit. The property will be delivered with RTI plans for a 4 bed/4bath two story 1,100 square foot accessory dwelling unit and plans that have been submitted to LADBS to create an additional studio on the 2nd floor of the main building. The property currently is a two-story,6,362-square-foot walk-up building with wood frame and stucco construction plus a separate small freestanding parking garage building with laundry room, situated on a7,499-square-foot lot. The superior location and classic building architecture provide the perfect opportunity for an investor to continue the value-add strategy of the current owner, who has already completed the following:* Added one studio in the main building *Submitted plans to LADBS for a second similar studio to be created by taki
-We are proud to present 10750 Missouri Ave, an 8 unit multifamily asset located in West Los Angeles, which is part of a completely renovated, turnkey, 3-building portfolio sale that also includes the adjacent property at 1901 Overland (11 units) and 11665 Mayfield (9 units) in Prime Brentwood. The total asking price is $17,200,000 for all three properties which must be sold together. This asset offers a range of units, comprising four 2-bed, 1-bath, a 2-bed, 2-bath, two 3-bed, 2-bath, and one unique 4-bed, 2-bath configuration. The property was completely renovated down to the studs in 2011 with no expense spared. Updates were made to the plumbing, electrical, mechanical systems, interior finishes, building exterior, and landscaping. (Buyers are advised to verify permit records). Another round of modern upgrades was completed in 2023. These include luxurious interior touches such as recessed lighting, underlit and backlit kitchen features, custom cabinetry, and state-of-the-art keyless entry systems. Tenant convenience is a focal point, underlined by the presence of ample parking spaces and in-unit washer/dryers. Each kitchen is fitted with top-of-the-line stainless steel appliances, quartz countertops, and stylish backsplashes. The units are crafted as private sanctuaries, offe
We are proud to present 1901 Overland Ave, an 11 unit multifamily asset located in West Los Angeles, which is part of a completely renovated, turnkey, 3-building portfolio sale that also includes the adjacent property at 10750 Missouri Ave (8 units) and 11665 Mayfield (9 units) in Prime Brentwood. The total asking price is $17,200,000 for all three properties which must be sold together.1901 Overland offers a comprehensive unit mix that includes three 2-bed, 2-bath; one 2-bed, 1-bath; four 1-bed, 1-bath, 2-bed, 3-bath and two 3-bedroom, 3-bathroom ADUs, which will be delivered with Certificates of Occupancy prior to closing. The property was completely renovated down to the studs in 2011 with no expense spared. Updates were made to the plumbing, electrical, mechanical systems, interior finishes, building exterior, and landscaping. (Buyers are advised to verify permit records). Another round of modern upgrades was completed in 2023. These include luxurious interior touches such as recessed lighting, underlit and backlit kitchen features, custom cabinetry, and state-of-the-art keyless entry systems. Tenant convenience is a focal point, underlined by the presence of ample parking spaces and in-unit washer/dryers. Each kitchen is fitted with top-of-the-line stainless steel appliances
Corner investment property consisting of stand alone 3+2 house with 2 car garage and gated driveway to park additional cars plus a stand alone 4 unit building consisting of 4 1+1 units. Large 9,504 SF Lot Zoned LARD1.5. Huge upside in rental income and lots of potential for a developer to develop into its highest and best use. Close proximity to Metro, 101 Freeway, Hollywood, Downtown, LA City College, several Hospitals and many shops and restaurants. Do not disturb tenants. Inspection with accepted offer only. Property is sold in its As-Is Where Is condition.
Newly built in 2021 duplex. Each unit with 4 bed, 3 bath, approximately 1640 sqft. Both units have enclosed 1 car garage and ample parking spaces in the rear of the building. One unit is occupied by section 8 tenants-guaranteed income! Low operating expenses, all utilities are paid by tenants, including water & trash. Very convivence location, close to freeway and train station.
Great opportunity to buy two separate homes on one lot zoned LAR3YY. Front unit features 2 bedrooms, 1 bathroom and the back unit features 1 bedroom & 1 bathroom. This property has a long driveways to accommodate multiple cars and a shed with washer and dryer hookup. Additionally, there is a 2-car garage that easy could be converted to an ADU (Accessory Dwelling Unit) for more rental income. This Property is within easy access to major freeways and downtown Los Angeles. The property has a lot of potential and is a must-see for anyone looking for a smart investment in real estate. Seller is selling it in as-in condition. Don't miss it out!!
Stabilized cash-flow fourplex in Highland Park that generated $182,617 gross in 2022. 2 APNs on a total lot of 12,804 SF corresponding to two duplexes joined by a common driveway. Three dwelling on the lot. 248 Branch APN 5493-001-014 corresponds to two different structures: the front building (248 Branch) is a one-story dwelling with 3 bed / 2 bath currently on the market for lease for $4,195 and a back unit (248 1/2 Branch) comprising of a 4 bed /3 bath currently leased $5,295. The total living space of those two units is 2,766 SF. 252 Branch Street APN 5493-001-015, the other duplex built in 1912, is structured in one single building divided into a bottom unit and a top unit, that were remodeled in 2019. The bottom unit (252 Branch Street) is 3 bed / 2.5 Bath currently rented for $3,865 and the top unit (252 1/2 Branch Street) is a 3 Bed /1 Bath currently rented out for $3,333. The total living surface of 252 Branch Street is 3,138 SF. The lot of 252 Branch comprises also a front yard area, a two-car garage, and a large backyard that should allow enough space for the building of a third unit/ADU (to be investigated by Buyer no permit requested). The total living space of those two units on 252 Branch is 3,138 SF. Located in Highland Park just North of the popular York Blvd wit
6115 Orange Street, a charming 2 Story Spanish-Style apartment building in one of the most desirable locations in all of Los Angeles. Built in 1929, this 14-unit apartment complex features a unit mix of Nine (9) One Bedroom/One Bath, Four (4) Singles with One Bath, and One (1) One Bedroom/ One Bath + Den Apartments. The building features spacious units, hardwood floors and a washer/dryer. The building square feet is approximately 9,654 and sits on a lot of approximately 8,414 square feet of land. 6115 Orange Street exudes the timeless elegance of Spanish architecture while providing modern comforts and convenience. With an exceptional location, diverse unit mix, and a rich blend of features, this property is sure to captivate both investors and residents alike. Pedestrian friendly, with an excellent walk-score of 90. It is important to note that this investment opportunity comes with an attractive financing option. The current loan balance is approximately $1,330,000, with a favorable fixed interest rate of 4.11% in effect until June of 2029. This provides stability and predictability in your financing costs for the near future. Conveniently located in a highly sought-after area, this property enjoys a prime location. Situated north of Wilshire Blvd, east of Crescent Heights Blvd
We are pleased to present a great investment opportunity located in Unincorporated East Los Angeles. A unique mix of spacious Studios and 1 Bed + 1 Bath units. With many recent capital improvements (including copper plumbing - horizontal & vertical), this ideal real estate investment delivers a new owner to a well maintained property. The strong in-place rents still have realistic upside potential. This pride of ownership property is within a short distance to Whittier Blvd, a quick drive to Downtown Los Angeles as it is near the 60, 710 and 5 freeways. Buyer to assume the current Chase Loan (Apprx. $1,325,000 at 4.37% interest rate fixed until 07/01/2027 (contact listing agent for more details. Although rent control ordinance is in effect, this opportunity to increase rents is still allowable when due.
"Seller Carry Option Available" Contact listing agents for more details. 100% Affordable project: 30 Units to be possibly delivered RTI. 6 Stories with on grade parking. Unit Mix: 10 (0+1), 15 (1+1) & 5 (2+1). Situated on a 7,870 square foot lot zoned R4-1. 452 S Bonnie Brae Street just south of 3rd Street in Westlake, one of the rapidly revitalizing submarkets in Los Angeles.
Perfect opportunity for investors and developers! A multi-family property that's been transformed ( May or may not be permitted - Buyer to verify independently) and is now sitting on a sprawling LAC2 lot. Currently, it's a film set for indie productions and set up like a hostel. But for those of you with a vision, it's a project brimming with potential. There's ample square footage here for creative updates and improvements. Plus, you're in close proximity to the Metro, making this an even more appealing prospect. If you're ready to roll up your sleeves and transform this space into something truly special, don't miss out on this remarkable opportunity!
Perfect opportunity for investors and developers! A multi-family property that's been transformed ( May or may not be permitted - Buyer to verify independently) and is now sitting on a sprawling LAC2 lot. Currently, it's a film set for indie productions and set up like a hostel. But for those of you with a vision, it's a project brimming with potential. There's ample square footage here for creative updates and improvements. Plus, you're in close proximity to the Metro, making this an even more appealing prospect. If you're ready to roll up your sleeves and transform this space into something truly special, don't miss out on this remarkable opportunity!
Welcome to The Vista 6...six gorgeous tri-level townhomes built in 2021. Each home consists of three bedrooms, with two and one-half baths with great open floorplans along with a private patio and private rooftop terrace on the third floor. Impeccable finishes throughout with high ceilings so that each unit is incredibly light and bright featuring oversized windows. The gourmet kitchens open to the spacious dining and living areas. Entertainer's floorplans. Designer cabinetry. Wide plank engineered flooring throughout. Nice size bedrooms with great closets and resort styled baths. Each unit comes with a a stackable washer/dryer. The developer spared no detail. The sleek modern finishes show like a model. Dual zone HVAC. Gated two car parking. EV hookups and guest parking. Very little common area maintenance. Centrally located adjacent to West Hollywood, and close proximity to Paramount Studios, Melrose, Larchmont Village, freeways, and the best nightlife the city has to offer. There is a tract map in place with each unit having it's own APN and may also have the units sold individually if your investor so desires. This one is a true winner either way and will continue to appreciate in this highly desired neighborhood. All units are occupied and the present cash flow with low expenses makes this one highly desirable. Offering Memorandum is available on line here on this site
!!!ATTENTION REDUCED PRICE!!! ATTENTION REDUCED PRICE!!! ATTENTION REDUCED PRICE!!! great investment property or family can live in this large 3BED/1BA unit and rent the other two. the rear building are the 2ND unit 2BED/1BA and is on 2nd floor, and third unit is a nice studio apartment 1 bathroom is on the first floor. the rear units are facing PENNSYLVANIA AV, 2606 & 2608. best location in the heart of east los angeles boyle heights area, close to freeways and stores. beautiful corner lot, with nice front yard and lots of trees for summer shade. UNITS ARE NEGOTIABLE FOR VACANCY AT COE!!! **please do not disturb tenants-
We are pleased to announce the opportunity to purchase 19 multifamily units at 8419 and 8425 S. Western Avenue located in the Manchester Square neighborhood of South Los Angeles. With 15 out of 17 original units renovated and two new ADUs, this opportunity will not require any heavy lifting and as most of the work has already been completed. With the overwhelming need for affordable housing in the area, investors can realize an additional 25% upside as units turn over and can maximize on the increasing payments standards from HACLA and Section 8. This opportunity also offers an assumable loan of $2,422,000 with extremely attractive terms that will allow an investor to yield over an 8% cash-on-cash return. Built in 1959 and 1960, the two adjacent properties are comprised of two-story structures that include a unit mix of sixteen 1bed/1bath units and three 2bed/1bath units. Of these units, two of the 1bed/1bath are newer ADUs with split system HVAC. The properties provide tenants with twelve parking spaces that include a combination of tuck-under and open spaces at the rear and 84th Place side of the property. There is no landscaping, and all units are individually metered for gas and electricity. Seismic retrofitting has already been completed and 8425 S. Western has received elec
LAC2 ZONING POTENTIAL FOR MULTIUNIT APARTMENT.
We are proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling 19,921 square feet of prime land. The proposed development spans an impressive 64,759 square feet and comprises seventy-nine (79) one-bedroom, one-bath units, as well as six (6) two-bedroom, two-bath units. Notably, the project incorporates forty-three (43) conveniently located parking spaces within the first two stories of the building, eliminating the need for subterranean parking. Seventy-three (73) of the proposed units will be MARKET rate while there are eight (8) very low income and four (4) extremely low income affordable units. It's worth mentioning that the sellers have dedicated over 3 years to navigate the city approval process, and the plans are now at the advanced stage of being approximately 90% Ready to Issue (RTI) status. Furthermore, the seller has initiated an Ellis Act for the ten remaining tenants in the existing buildings, with a scheduled move-out date set for July 2024.The Westlake neighborhood, nestled in Central Los Angeles, offers a unique blend of residential and commercial living. Border
Drive-by only Tenants occupy.
Great opportunity in Los Angeles, CA. This Duplex has so much to offer. Front unit features 2 bedrooms, 1 bathroom, with a basement access. Back unit features 2 bedrooms, 1 bathroom. Property also has 2 bonus rooms! Don't miss out! Call your favorite realtor today!
This is great opportunity to own these 3 units with long-term tenants in a rapidly growing neighborhood . Two units are 3 bedrooms 1 bath and one unit 1 bedroom 1 bath. Brand new roofs on both buildings were installed last month. All three units have hardwood floors. Has a long driveway with 3 parking spaces. Centralized near 5, 10, 60, and 710 freeways. Located near Downtown Los Angeles, Pasadena, San Gabriel Valley and Cal State University Los Angeles. This is an ideal investment property!
Price Reduced!!! Very attractive pricing metrics at $289/sf and $188,333/unit. Current GRM of11.66 and 4.87% cap rate with low rents - 42% rental upside remaining. Gated parking and secured entrance for tenant security. Close proximity to freeways for convenience of travel to work and school. Please do not disturb the tenants. All showings are subject to an accepted offer.
Attention All Investor! This is a great opportunity to invest in this 4-Plex in Mid-City. This moneymaker complex is in an ideal area for tenants. It is centrally located to the freeways, museums, shopping, and serval quality restaurants. An additional profit can be made with the coin laundry area. Please do not disturb the tenants. All offers are Subject to Inspection.
Great opportunity to own income property in prime West Hollywood. This building is currently used as short term rentals of 30 days or more and consistently generates over 20k per month. There is one 3 bedroom, two bath, one two bedroom one bath, and two one bedroom one bath units. All units have a washer dryer. This has been a successful short term rental but can also transition into longer term tenants at market rates. This property is rented most of the time so showings can only happen with a serious offer and proof of funds. This property has versatile potential for savvy investors. DRIVE BY ONLY. DO NOT DISTURB TENANTS OR ENTER THE PROPERTY WITH OUT AGENTS PERMISSION
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.