MAJOR PRICE DROP ALERT! Now just $699,000! This is the moment to make your move on this incredible property—aggressively priced for a quick sale at an unbeatable value! At $699,000. Welcome to a charming property in an exciting, up-and-coming neighborhood of Los Angeles. This home offers the perfect blend of opportunity and comfort, featuring a 1,246 sq ft main house with 3 spacious bedrooms and 1 bathroom, currently rented with reliable, performing tenants—a wonderful option for those looking for instant rental income or a future home to call your own. As a bonus, the property includes a detached rec room offering 1 bedroom and 1 bathroom with 390 sq ft of additional living space. Whether you use it as a guest suite, home office, or extra rental unit, this added feature offers flexibility and value. This property is brimming with upside potential, making it a great fit for first-time homebuyers, investors, or anyone looking to grow their portfolio in a thriving community. The spacious lot and versatile layout make it easy to envision creating your ideal living space while benefiting from long-term investment gains. Don’t miss this opportunity to own a home with both heart and potential—your future starts here!
2 VACANT units with separate addresses. Close proximity to USC, Downtown Los Angeles, Garment District, 10 Freeway and other major freeways, Close Proximity to Metro and Public Transportation, Lots of new construction in the area, Great potential for rental investment or Live in one and rent the other. Newly renovated, very bright, with new Flooring, bathrooms, Roof, Recessed Lights, Gated Parking in Front and Back, Appliances, Water Heaters, Windows, Doors, and many more. Rear Unit has its own address 1153 E. 22nd. Buyers to do their own due diligence and investigation to be regarding square footage, permits, conditions, use, and others. Owner is real estate professional and the listing agent.
2 VACANT units with separate addresses. Close proximity to USC, Downtown Los Angeles, Garment District, 10 Freeway and other major freeways, Close Proximity to Metro and Public Transportation, Lots of new construction in the area, Great potential for rental investment or Live in one and rent the other. Newly renovated, very bright, with new Flooring, bathrooms, Roof, Recessed Lights, Gated Parking in Front and Back, Appliances, Water Heaters, Windows, Doors, and many more. Rear Unit has its own address 1153 E. 22nd. Buyers to do their own due diligence and investigation to be regarding square footage, permits, conditions, use, and others. Owner is real estate professional and the listing agent.
GREAT OPPORTUNITY TO START YOUR PORFOLIO. IN VERY GOOD NEIGHBORHOOD . DUPLEX WITH A PERMITTED ADU FOR A TOTAL OF THREE UNITS. ONE UNIT IS 3 BEDROOM 2 BATHROOM, SECOND UNIT IS 2 BEDROOM 1 BATHROOM WITH A PERMITTED ADU. SEPARATED ELECTRICITY AND GAS METER ON BOTH UNITS. WATER IS PAID BY LANDLORD. PROPERTY CURRENTHLY PRODUCING GREAT RENTAL INCOME OF $5,560 PER MONTS. THIS PROPERTY IS CONVENIENTLY LOCATED NEAR URBAN AMENITIES, MAKINNG IT AN ATTRACTIVE INVESTMENT FOR RENTERS. JUST MINUTES FROM DOWNTOWN LA. TENANT OCCUPIED. DO NOT DISTURB TENANTS.
GREAT OPPORTUNITY TO START YOUR PORFOLIO. IN VERY GOOD NEIGHBORHOOD . DUPLEX WITH A PERMITTED ADU FOR A TOTAL OF THREE UNITS. ONE UNIT IS 3 BEDROOM 2 BATHROOM, SECOND UNIT IS 2 BEDROOM 1 BATHROOM WITH A PERMITTED ADU. SEPARATED ELECTRICITY AND GAS METER ON BOTH UNITS. WATER IS PAID BY LANDLORD. PROPERTY CURRENTHLY PRODUCING GREAT RENTAL INCOME OF $5,560 PER MONTS. THIS PROPERTY IS CONVENIENTLY LOCATED NEAR URBAN AMENITIES, MAKINNG IT AN ATTRACTIVE INVESTMENT FOR RENTERS. JUST MINUTES FROM DOWNTOWN LA. TENANT OCCUPIED. DO NOT DISTURB TENANTS.
Great opportunity for a home owner to move into this beautifully remodeled 2 spacious bedrooms and 1 ample bathroom, an a beautiful new kitchen with granite counter tops, All while receiving income from the house next door a cozy 2-bedroom, 1-bath, with tenants in place, ensuring immediate rental income. The backyard is another standout feature, a rare find in a duplex property, offering enough space to park 6-8 cars and plenty of room for outdoor gatherings, This is a must see Nestled in a vibrant neighborhood, residents will enjoy easy access to local amenities, including shopping centers, restaurants, and parks. With nearby schools and public transportation options, this location provides convenience and accessibility for residents. Don't miss out on this fantastic opportunity to own a versatile property in the heart of Los Angeles!
WELCOME TO THIS CHARMING HOME IN THE HEART OF LOS ANGELES PROPERTY FEATURES 3 BEDROOMS 1 BATHROOM, AND WAS COMPLETELY RENOVATED FROM ALL NEW ELECTRICAL, PLUMBING, FLOORING, WINDOWS, AND KITCHEN NO DETAIL WAS SPERED THIS HOME IS ACROSS THE STREET FOR HOOPER ELEMANRTY, BACK YARD HAS PLENTY OF ROOM FOR A POSSIBLE ADU. BRING YOUR BUYERS THEY WILL NOT BE DISAPPOINTED.
Discover this diamond in the rough duplex just a short 7 min walk from the University of Southern California, offering incredible upside potential that presents an excellent opportunity to enhance its value and create a customized living space for the savvy investor or homeowner. The first unit features a spacious 4-bedroom, 2-bathroom layout, with a spacious functional kitchen—ideal for both students or family. The second unit is a cozy and very spacious 1-bedroom, 1-bathroom retreat, perfect for a single occupant or couple, with plenty of natural light creating a welcoming atmosphere OR with a little engineering and imagination you can add a second bedroom and still have ample space.This property is located in a vibrant neighborhood, this duplex allows for easy access to campus, local eateries, sports, and entertainment. With some TLC, this property can truly shine, making it a promising investment for those looking to capitalize on its potential. This duplex is tenant occupied with tenants in place, but don’t that keep you from missing out on this great opportunity!
Discover an exceptional investment opportunity with this fully remodeled 2 Separate-SFR Houses - Duplex, ideally situated on a desirable corner lot. Each unit features 3 bedrooms and 1 full bath, offering a perfect blend of modern comfort and versatility for both investors and families. The property has undergone extensive upgrades, including all-new plumbing, electrical systems, and exterior paint, ensuring a move-in-ready experience. Inside, each unit boasts a fully remodeled gourmet kitchen equipped with elegant quartz countertops, soft-close cabinets, and top-of-the-line appliances. The bright, functional spaces are enhanced by canned lighting and ceiling fans in every bedroom. For added comfort and efficiency, the property includes air conditioning, vinyl plank flooring, air-conditioning, and new double-pane windows. The exterior has been updated with a newly paved driveway and refreshed landscaping, enhancing both its aesthetic appeal and functionality. Conveniently located close to shopping centers, major freeways, the airport, and popular sporting events, this duplex offers exceptional accessibility and lifestyle benefits. Don’t miss out on this rare opportunity to own a meticulously upgraded property with high rental potential or a perfect multi-generational living setup
GREAT OPPORTUNITY-2 ON A LOT-1251 AND 1253 e 40TH PLACE, 4 BEDRROMS ONE AND 1/2 BATH FRONT HOME, 3 BEDROOMS ONE BATH REAR HOME, BOTH HOMES HAVE BEEN REHABBED A FEW YEARS AGO WITH NEW KITCHENS TILE FLOORS BATHROOMS, PLENTY OF PARKING, ENOUGH SPACE IN THE BACK TO BUILD ADU, LOCATION IS GREAT, CLOSE TO DOWNTOWN LOS ANGELES, WALKING DISTANCE TO JEFFERSON HIGH SCHOOL.
BEAUTIFULLY REMODELED 4 bedroom 2 bath HOME with income unit. This Home offers the opportunity to live in front home and receive income from rear house. Open floor plan kitchen with new stove, dishwasher, cabinets, island with quartz tops. Bathrooms with stylish tiles and vanities. ALL NEW MINI SPLIT AC/HEATING UNITS, WINDOWS, DOORS, PLUMBING, DRYWALL, PAINT, ELECTRICAL, NEW ROOF & RECESS LIGHTING. New concrete and rolling gate fencing. Rear house offers 3 bedrooms & 1 bath and tenants pay $2,150 on time per month! The Perfect property for 1st time buyers and Investors! INVESTORS take note that section 8 tenants paying approx. $3896 per month. The property is centrally located near schools, 110 fwy, USC, Coliseum and transportation. THIS WONT LAST, PRICED TO SELL! SO SUBMIT YOUR BEST OFFER TODAY!
GREAT OPPORTUNITY-2 ON A LOT-1251 AND 1253 e 40TH PLACE, 4 BEDRROMS ONE AND 1/2 BATH FRONT HOME, 3 BEDROOMS ONE BATH REAR HOME, BOTH HOMES HAVE BEEN REHABBED A FEW YEARS AGO WITH NEW KITCHENS TILE FLOORS BATHROOMS, PLENTY OF PARKING, ENOUGH SPACE IN THE BACK TO BUILD ADU, LOCATION IS GREAT, CLOSE TO DOWNTOWN LOS ANGELES, WALKING DISTANCE TO JEFFERSON HIGH SCHOOL.
We are pleased to present this great income property nearby USC and Downtown Los Angeles (Convention Center, multiple sports arenas, entertainment, and more). The property is 2 homes on 1 lot zoned LAR2. All tenants are current on rent. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The front unit (2,006 SF) consists of 4 beds and 3.5 baths plus a den. The back unit (1,334 SF) was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and coin laundry machines on site generating extra income. Conveniently located nearby the 10 and 110 freeways, shopping centers, markets, cafes, and eateries. The cap rate of 6.5% is based on current gross income ($124,800) and expenses with the new property tax amount at the asking price of $1,450,000.
We are pleased to present a 10,886 square foot double lot located at 1157-1201 East 20th Street in Los Angeles, California. The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard. This offering is positioned on two (2) parcels totaling 10,886 square feet of land with a zoning ordinance of LAR3-1. This allows for fourteen (14) units by-right. The lots are currently operating as a multifamily property with a total of seven (7) units giving a developer income while going through entitlements. The double lot is large offering developers a great opportunity to utilize ED1 with no maximum density requirement, and AB 2097 with no minimum parking requirement. Per ED1 this property has potential to bypass the maximum height requirements. Limited additional concessions or incentives are granted under the State Density Bonus program. By utilizing ED1 there is potential to up to eighty (80) units. This asset is positioned near many great local amenities including Trinity Recreation Center, 1720, Planet Fitness, The Boil Daddy, and 27th Street Bakery. Situated in a great South-Central Los Angeles Location, this offering presents an excellent opportunity for any developer to capitalize on a large double lot with the potential to build up to eighty (80) units utilizing ED1.
We are pleased to present a 10,886 square foot double lot located at 1157-1201 East 20th Street in Los Angeles, California. The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard. This offering is positioned on two (2) parcels totaling 10,886 square feet of land with a zoning ordinance of LAR3-1. This allows for fourteen (14) units by-right. The lots are currently operating as a multifamily property with a total of seven (7) units giving a developer income while going through entitlements. The double lot is large offering developers a great opportunity to utilize ED1 with no maximum density requirement, and AB 2097 with no minimum parking requirement. Per ED1 this property has potential to bypass the maximum height requirements. Limited additional concessions or incentives are granted under the State Density Bonus program. By utilizing ED1 there is potential to up to eighty (80) units. This asset is positioned near many great local amenities including Trinity Recreation Center, 1720, Planet Fitness, The Boil Daddy, and 27th Street Bakery. Situated in a great South-Central Los Angeles Location, this offering presents an excellent opportunity for any developer to capitalize on a large double lot with
Come and explore this lovely and spacious home situated in Los Angeles. This property features an inviting open floor plan with 3 sizable bedrooms and 1 full bathroom. The formal dining room is perfect for hosting holiday celebrations. The home is in move-in ready condition, but there’s also potential for you to add your personal flair. Enjoy outdoor living on the covered patio, and benefit from ample parking space. Note that there is an unpermitted detached bonus room on the property. The excellent location and LARD1.5 zoning offer potential for building an ADU. Buyers and their agents should confirm all property details, including square footage, bedroom count, and permits with the relevant authorities. The property is being sold as-is.
Just a few minutes from Downtown L.A. Tenant occupied. DO NOT DISTURB TENANTS.
Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.
GREAT OPPORTUNITY TO OWN THESE THREE UNITS LOCATED JUST SOUTH OF DOWNTOWN LOS ANGELES. THE PROPERTY CONSIST OF 3 SEPARATE BUILDINGS. FRONT UNIT IS A 3 BEDROOM, 1 BATH. THE MIDDLE UNIT IS A 2 BEDROOM, 1 BATH AND THE REAR UNIT IS A 1 BEDROOM, 1 BATH. THE BUILDINGS ARE KEPT IN PRETTY GOOD SHAPE AND THE EXTERIOR HAS BEEN RECENTLY PAINTED. THERE'S AMPLE PARKING AT THE FRONT DRIVEWAY AND AT THE REAR OF THE UNITS. UNITS ARE ALL TENANT OCCUPIED. WITHIN MINUTES TO THE PROPERTY IS 20TH STREET ELEMENTARY, THOMAS JEFFERSON HIGH SCHOOL, L.A. LIVE AND THE STAPLE CENTER.
Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.
NICE TRADITIONAL (BUNGALOW STYLE) 2 UNITS LOCATED IN MID-LA..BOTH ARE 2 BED/1 BATH EACH. THERE'S POTENTIAL TO AD ON ADU'S, HUGE LOT WITH LOTS OF ROOM AND ALLEY ACCESS. SEPARATE METERS,ON A (5,750 SQ FT) LOT..CLOSE TO ALL SHOPPING,SCHOOLS AND ALL TRANSPORTATION...
We are pleased to present a Unique Development Opportunity at 736 E Vernon Avenue, Los Angeles, CA. This property consists of a Single-Family Home, built in 1908, situated on a large 27,748 SF lot, offering significant development potential in the heart of Southeast Los Angeles. Zoned RD2-1 and designated as Low Medium II Residential under the General Plan, the site provides flexibility for both 100% Affordable Housing Market Rate Development, making it a prime opportunity for developers. In addition, the property benefits from Transit Oriented Communities (TOC)Tier 3 status, which offers developers density bonuses, reduced parking requirements, and other incentives, further enhancing the development potential of the site. Positioned to benefit from the ongoing growth and revitalization in the area, this sizable lot and zoning allow for various Residential development projects, offering developers the chance to capitalize on the increasing demand for housing in Southeast Los Angeles. The property is also located within 500 feet of George Washington Carver Middle School, adding to its appeal for residential development. With a Walk Score of 73, the neighborhood is considered "Very Walkable," with excellent transit options, making it attractive for those seeking easy access to amenities and public transportation.
Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.
Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.
Several development projects have been completed adjacent to subject property. Both units are in substandard condition and do not qualify for conventional financing. Property being sold as is without warranty.
The median home value in Los Angeles, CA is $912,500. 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 $912,500. 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 90011 has a population of 3,902,440. Los Angeles 90011 is less family-centric than the surrounding county with 28.08% 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 90011 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 90011 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.