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 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.
*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
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.
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.
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).
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.
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!!!
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.
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.
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!
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.
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.
$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.
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.
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.
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.
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
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.
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.
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 .
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
The median home value in Los Angeles, CA is $1,050,000. 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 $1,050,000. 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.