Attention developers! This prime 3,342 sqft duplex, set on a spacious 7,688 sqft lot, presents a unique opportunity for your next project. Located in the desirable Mid-Wilshire neighborhood, south of Olympic Blvd and north of San Vicente Blvd. This property is nestled within the Longwood Avenue-Tremaine Avenue Residential Historic District. Please note, the property is fire damaged and is currently "red tagged" by the City of Los Angeles. Property sold as-is. This site's location offers convenient access to local amenities, schools, and public transportation, enhancing its appeal to future tenants. Bring your vision and creativity to transform this property into a sought-after living space in a vibrant neighborhood. Don't miss this chance to invest in a promising development opportunity! Cash or Hard Money offers only due to property condition.
Attention developers! This prime 3,342 sqft duplex, set on a spacious 7,688 sqft lot, presents a unique opportunity for your next project. Located in the desirable Mid-Wilshire neighborhood, south of Olympic Blvd and north of San Vicente Blvd. This property is nestled within the Longwood Avenue-Tremaine Avenue Residential Historic District. Please note, the property is fire damaged and is currently "red tagged" by the City of Los Angeles. Property sold as-is. This site's location offers convenient access to local amenities, schools, and public transportation, enhancing its appeal to future tenants. Bring your vision and creativity to transform this property into a sought-after living space in a vibrant neighborhood. Don't miss this chance to invest in a promising development opportunity! Cash or Hard Money offers only due to property condition.
A rare find!!Land to Develop!! these 2 side by side parcels R3-1 zoning in the opportunity zone with a 146 feet frontage and 200 feet deep (29,200sqft), the possibilities here are endless, located in the TPAs (transit priority areas) TOC tier2 great property for housing providers, low-income developers. Nonprofit institutions, government housing providers and Homeless housing providers may qualify for a fast-track project approval, per owner remarks can build between 150 -250 units depending on the housing tier of the project, buyers to do their own due diligence and confirm best and highest use with the zoning and building authorities of the City of Los Angeles, currently existing buildings consist with a total of 8 units ( fourplex at 9320 Firth Blvd and 2 SFRs and a duplex at 9324 Firth Blvd a total of 8 units in 2 parcels) you have plenty of room to do ADUs or expand units or tear down to build.
Welcome to 1438 & 1440 S Sunol Drive, Los Angeles, CA 90023! This charming duplex, with both units delivered vacant at close of escrow, presents an ideal opportunity for owner-occupants seeking additional rental income or investors looking for a prime property. Each unit features 2 bedrooms and 1 bathroom. The lower unit has been fully remodeled, including new electrical wiring, brand-new plumbing, a completely updated kitchen, and a refreshed bathroom, and interior washer and dryer hook ups. The roof has been recently replaced, and both units have been freshly painted inside and out. For added convenience, the property includes a private electric gate, making access secure and effortless. Enjoy the spacious yard with a gazebo—perfect for outdoor relaxation or entertaining. Situated within close proximity to schools, freeways, and the vibrant heart of downtown Los Angeles, this property offers both comfort and convenience. Don’t miss out on this exceptional opportunity!
Fourplex perfect for an investment, development or owner occupy the vacant owner's first floor unit. Each of the four units boasts two bedrooms and a bathroom, and hardwood floors. Located in the heart of the city's diverse dining, entertainment, and cultural attractions. Garages and shared driveway. Tenants are month to month. Offer subject to interior viewing.
This property features 7bedrooms 3bath. It's a large home that was converted into three units. There are two 3bed 1bath units and one 1bed 1bath unit. Situated in El Sereno/City Terrance East Los Angeles area. All three units where remodeled roughly 5 years ago and all units are still in good condition. Kitchens have newer cabinets and all have granite counter tops, bath, floors, dual pane windows throughout and newer roof. The property has a coin up laundry that brings additional income. Near tons of LA City entertainment, near Cal State LA, near DTLA, near Dodgers stadium, Griffith Park, LA Zoo and many more tourist nearby attractions.
Fourplex perfect for an investment, development or owner occupy the vacant owner's first floor unit. Each of the four units boasts two bedrooms and a bathroom, and hardwood floors. Located in the heart of the city's diverse dining, entertainment, and cultural attractions. Garages and shared driveway. Tenants are month to month. Offer subject to interior viewing.
We are pleased to present 2707 W Jefferson Blvd, a rare FULLY VACANT 6-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 7.19% cap rate.Built in 1912/1950, this opportunity is comprised of two separate structures totaling 3,586 rentable square feet that is situated on a 5,001 square foot LAC2 zoned lot with alley access. The unit mix consists of (2) two front commercial units (1st floor), (1) one-bedroom unit (2nd floor), (1) two-bedroom unit (2nd floor), a nonconforming studio (2nd floor), plus a three-bedroom single family freestanding home located in the rear of the property. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property into a 7.19% pro forma and ultimately provides flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents along with an additional value add component with legalizing the studio unit. 2707 W Jefferson Blvd is situated in a transit-oriented location near numerous bus stops that is realizing tremendous growth and transition due to its proximity to West Adams, Koreatown, USC and Downtown Los Angeles. Local favorite community establishments consist of Harold & Belle's, CAFE5, Highly Likely, and much more throughout this Jefferson Blvd corridor.
Open House:
Sunday, 11/17 1:00-4:00PM
Discover this Charming and Beautiful Spanish Architecture in prestigious Hancock Park adjacent neighborhood. This Duplex exudes character and charm at every turn. Special features include serene courtyard perfect for unwinding after a long day. Central heat and A/C for your daily comfort, updated dual pane windows, tankless water heaters, hardwood floors add warmth and charm throughout, while the home boasts the perfect floor plan with an abundance of natural light throughout. Complemented by classic Spanish facade, hanging lanterns, and an arched walkway greets you, enter the sizable living rooms that showcases several large windows with custom shutters and flows into the formal dining room. Updated kitchens with granite countertops, cabinets with convenient pull outs & appliances, adjacent is a Breakfast room/Office with large glass windows overlooking into the backyard. and thin plank hardwood floors. Both units offer a spacious main bathroom with tub and separate shower stall, and 2 generous bedrooms and one ensuite bathroom. Upstairs, you will find the 2nd unit and two additional bedrooms, and 2nd bedroom with additional room/den and spacious balcony. Enjoy the convenience of 2 separate laundry rooms with updated cabinets and storage in each unit. Entertain and indulge to your heart's desire in the lovely backyard that features a grassy area with beautiful plumerias throughout, there is a detached 4-car garage behind a remote gate on the back of the home that could be possibly converted into an ADU. One of the best Duplex in the market.
Great investment property in Lincoln Heights, three individual homes on over 9000 sqft lot. Close to downtown LA, walking distance to school, within 5 mins drive to local stores and super markets. The front house has 3 bedrooms 2 full baths rent for $1364 (Section 8 tenant) , The back two units has 2 bedrooms 1 bath rent for $795, and 1 bedroom 1 bath rent for $1086 (Section 8 tenant). All units have private backyard, laudry area, individual gas meter and electric meter. The property is being sold AS-IS condition and sold with tenants. PLEASE DO NOT DISTURB TENANTS OR GO ONTO PROPERTY.
Sweet two-on-a-lot duplex in the heart of Echo Park's Angelino Heights with a VACANT front unit. These two detached homes offer a tremendous investment opportunity in one LA's most coveted neighborhoods. The 3BR/1BA front home will be delivered vacant and offers an easy floor plan, character vintage details and recent upgrades. The rear 2BR/1BA unit is currently rented for $2,184/month and includes a lovely outdoor space with mature trees and plants. Both homes showcase beautiful hardwood floors, individual washer/dryer hookups, and dedicated parking, with all utilities separately metered. With separate entrances ensuring privacy and comfortable living, this property represents a prime opportunity to enhance your real estate portfolio. Situated in a sought-after neighborhood with strong rental demand and located just moments from Echo Park Lake, many shops and restaurants on Sunset Blvd, Dodger Stadium, Downtown LA and much more.
2641 S La Salle Avenue, located in the sought-after West Adams neighborhood. This well-maintained property consists of eight spacious units: six (1 bed + 1 bath) and two (2 bed + 1 bath). Residents benefit from convenient amenities, including covered parking and on-site laundry facilities. This property represents a compelling value-add investment with a potential rental upside of + 45% without the addition of an Accessory Dwelling Unit (ADU) and + 58% with the inclusion of a studio ADU. Additionally, two of the units will be delivered vacant. The 5,662 sq. ft. building is situated on a +/- 7,500 sq. ft. lot, making it a prime investment in a dynamic and growing area. Residents of 2641 S La Salle Avenue benefit from the property's central location, offering easy access to major employment hubs and convenient connectivity to the broader Los Angeles area. The building is strategically situated near the 10 and 110 Freeways, providing seamless commutes to Downtown Los Angeles, CulverCity, and other key areas. This prime location ensures that residents are never far from work, entertainment, shopping, and dining, making it an attractive choice for those seeking both convenience and a vibrant urban lifestyle.
2641 S La Salle Avenue, located in the sought-after West Adams neighborhood. This well-maintained property consists of eight spacious units: six (1 bed + 1 bath) and two (2 bed + 1 bath). Residents benefit from convenient amenities, including covered parking and on-site laundry facilities. This property represents a compelling value-add investment with a potential rental upside of + 45% without the addition of an Accessory Dwelling Unit (ADU) and + 58% with the inclusion of a studio ADU. Additionally, two of the units will be delivered vacant. The 5,662 sq. ft. building is situated on a +/- 7,500 sq. ft. lot, making it a prime investment in a dynamic and growing area. Residents of 2641 S La Salle Avenue benefit from the property's central location, offering easy access to major employment hubs and convenient connectivity to the broader Los Angeles area. The building is strategically situated near the 10 and 110 Freeways, providing seamless commutes to Downtown Los Angeles, CulverCity, and other key areas. This prime location ensures that residents are never far from work, entertainment, shopping, and dining, making it an attractive choice for those seeking both convenience and a vibrant urban lifestyle.
RENT INCREASES APPROVED AND NEWER CONSTRUCTION PRICED AT 6% CAP RATE! Modern spacious triplex newly built in 2019 and not under rent control. Centrally located with easy access to freeways, restaurants, shopping, and more. The front home is a completely independent, detached home with 4 beds, 3 baths, 1,700 square feet, and a two car garage. Separate building at the rear of the lot is more private, each unit also containing 4 beds, 3 baths, and 1,561 square feet. All units promise consistent cash flow at maximum approved rents. All are designed with open living space floorplans, primary bedroom suites, and in-unit laundry. Due to the units being brand new construction as of 2019, there are close to zero maintenance costs and the new construction building warranty guarantees the new owner against latent hidden repairs and/or costs. Hardscaped exterior driveways allow for ample parking, with additional yard space secured by a gate, which also adds extra security for the grounds. All units are separately metered for gas, electricity, and water, with each tenant paying their own utilities. Significant potential for appreciation based on upcoming nearby Olympic and World Cup events, expanding public transportation system, and an influx of investment into the area. Priced at a cap rate of 6% this deal is a no-brainer.
Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.
Great investment opportunity by owning this four unit property located in Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history in the heart of Los Angeles. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. Many new multi-use developments currently underway. Each unit is a 1bed/1bath with living room and laundry area . Each unit has its own separate address, and separate meter for gas & power. A lot of opportunities to grow your income with upside rental potentials in this strong rental market.The owner is responsible for water. Property is located within walking distance to bus stops, schools, stores, hospitals and easily accessible to freeways.
Great investment opportunity, with huge upside potential. This property is in a vey desirable location in Los Angeles. This property consist of 3 SFR's one with 3 bedrooms and 1 Bath! two of the SFR are 2 bedrooms and 1 Bath and a Triplex in the rear 2 with 2 bedrooms and 1 bath and one with 1 bedroom and 1 bath. This property also includes an attached 3 car garage. This property just needs the right investor to truly bring out the potential and full value of this property.
Excellent opportunity to acquire a solid investment property in Leimert Park. This TOC Tier 3 zoned building features four 1-bedroom units, each with in-unit laundry. The units showcase charming characteristics coveted in this area - wood beam ceilings, hardwood floors, generous room sizes, bathrooms with period piece bathroom tiles and separate tubs and showers. Electrical updates and central air and heat enhance the appeal. The property has stable tenants and is in a highly rentable location, near the Crenshaw and Expo lines, Baldwin Crenshaw Mall, new Costco, just 10 minutes to DTLA, and 3 miles from USC. +One unit will be vacant at closing, making it ideal for investors or owner-occupants. Great location with cash cow potential. *Drive by only write offer STI, some areas have been virtually staged. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, rent potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
Excellent opportunity to acquire a solid investment property in Leimert Park. This TOC Tier 3 zoned building features four 1-bedroom units, each with in-unit laundry. The units showcase charming characteristics coveted in this area - wood beam ceilings, hardwood floors, generous room sizes, bathrooms with period piece bathroom tiles and separate tubs and showers. Electrical updates and central air and heat enhance the appeal. The property has stable tenants and is in a highly rentable location, near the Crenshaw and Expo lines, Baldwin Crenshaw Mall, new Costco, just 10 minutes to DTLA, and 3 miles from USC. +One unit will be vacant at closing, making it ideal for investors or owner-occupants. Great location with cash cow potential. *Drive by only write offer STI, some areas have been virtually staged. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, rent potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
This oversized single lot in Hollywood could be the perfect site for your new multifamily development project. Whether you aim to deploy a more conventional methodology of design and density calculation or take advantage of certain timely legislation for creating affordable housing, the location and zoning will support a wide range of site utilizations. The property is walking distance (about six blocks) from the Vermont/Santa Monica Metro Station and will provide income while you plan your project. The property is situated in the vibrant East Hollywood area of Los Angeles and is just one block away from Normandie Ave. and Santa Monica Blvd. This provides easy access to DTLA, the 101 Freeway, and public transportation. The neighborhood is known for its tree lined streets. Los Angeles City College, Barnsdall Art Park, and several large hospitals are nearby, adding to the location’s appeal. The property consists of four units, with the front unit having two bedrooms and one bathroom, and the other three units each having one bedroom and one bathroom. With long-term, good paying tenants already in place, it presents a solid covered land opportunity. The property’s proximity to key amenities and zoning make it an excellent candidate for current and/or future development.
Open House:
Sunday, 11/17 10:00-12:00PM
4 UNITS VACANT. The four units comprises of three units plus one permitted ADU. The two-story apartment consists of one fully remodeled 3 bedroom/ 2-bathroom unit , two fully remodeled 2 bedroom/ 2-bathroom units, and one 2 bedroom/ 1 bathroom unit. With the exception of the one 2 Bedroom / 1 Bathroom Unit, the other three units have been fully remodeled and have washer dryer hook ups for convenient in unit laundry. Those updated units also come with Central A/C, tankless water heaters, new floors, recessed lighting, new kitchens and bathrooms. Onsite parking. Rent out to Section 8 HACLA and make a premium on rents at approximately $3,504 for 2 bedrooms and $4,488 for 3 bedrooms! The investment opportunity is also ideal for an owner user. Centrally located, it offers unparalleled convenience in one of LA's most desirable areas. Walking distance to a number of various amenities including, cultural attractions, shopping centers, employment opportunities, and spiritual centers. Pico-Robertson, located on the west side of Los Angeles, is a diverse and vibrant neighborhood known for its thriving real estate market, rich cultural heritage, and close-knit community appeal. This thriving residential community offers a unparalleled and unique blend of urban convenience, various amenities, coupled with and a strong sense of a great community. APN#: 5068-004-008
***Highland Park Investment Opportunity*** Four-unit building producing solid income with the largest unit being delivered vacant. Great upside with below market rents in three units and large 2 bed, 1 bath unit delivered vacant. Very rarely can you purchase an income property that has potential to cash flow with 25% down from day one--this is it! Vacant unit available for viewing.
4 UNITS VACANT. The four units comprises of three units plus one permitted ADU. The two-story apartment consists of one fully remodeled 3 bedroom/ 2-bathroom unit , two fully remodeled 2 bedroom/ 2-bathroom units, and one 2 bedroom/ 1 bathroom unit. With the exception of the one 2 Bedroom / 1 Bathroom Unit, the other three units have been fully remodeled and have washer dryer hook ups for convenient in unit laundry. Those updated units also come with Central A/C, tankless water heaters, new floors, recessed lighting, new kitchens and bathrooms. Onsite parking. Rent out to Section 8 HACLA and make a premium on rents at approximately $3,504 for 2 bedrooms and $4,488 for 3 bedrooms! The investment opportunity is also ideal for an owner user. Centrally located, it offers unparalleled convenience in one of LA's most desirable areas. Walking distance to a number of various amenities including, cultural attractions, shopping centers, employment opportunities, and spiritual centers. Pico-Robertson, located on the west side of Los Angeles, is a diverse and vibrant neighborhood known for its thriving real estate market, rich cultural heritage, and close-knit community appeal. This thriving residential community offers a unparalleled and unique blend of urban convenience, various amenities, coupled with and a strong sense of a great community. APN#: 5068-004-008
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.