We are pleased to present this 4-unit investment property located in the desirable Arlington Heights neighborhood of Los Angeles.Built in 1924, this rent-controlled property offers 4,628 square feet of gross building area and sits on a 6,281 square foot lot (0.14 acres). Each of the four units contains 2 bedrooms and 1.5 bathrooms, with two of the units featuring an additional den/office space. The units with the extra den/office are approximately 1,262 rentable square feet, while those without are about 1,052 square feet.Additionally, two of the four units are currently vacant and will be delivered vacant to the buyer at close of escrow.The seller has preliminary plans to build two detached ADUs in the parking lot behind the building. Each ADU is designed to be around 900 square feet, featuring 2 bedrooms and 2 bathrooms. With construction costs estimated between $225 and $250 per square foot, the total cost for each ADU is projected to be between $200,000 and $225,000. Once completed, these ADUs are expected to generate at least $3,500 per month in rent ($7,000 combined), adding an additional $84,000 in annual rental income. Arlington Heights is a highly attractive neighborhood for multifamily investors, offering a prime location in Central Los Angeles with strong rental demand. The neighborhood's historical charm, combined with its proximity to major city hubs, ensures a steady influx of tenants seeking convenient urban living. With well-maintained properties and a vibrant community atmosphere, Arlington Heights provides a stable and potentially lucrative environment for real estate investors looking to capitalize on a high-demand area with enduring appeal.
Open House:
Sunday, 9/29 3:00-5:00PM
This charming, classic 1925 Spanish Revival home is within the tree lined streets of Wilshire Vista (founded in 1921), a community of 1700 households among the Miracle Mile and Mid-Wilshire neighborhoods. Enter this freshly painted home through a sheltered entry way adjacent to a sunny front yard patio. This lovely, well cared for property has refinished hardwood, cork, and tile flooring. All rooms are on one level with plenty of natural light, some with divided windows. A barrel-vaulted ceiling is featured in the beautifully proportioned Living Room with fireplace with Batchelder tile that is presently decorative. The Kitchen is equipped with custom maple cabinetry, a gas Wolf range, Bosch dishwasher, and KitchenAid double ovens and refrigerator freezer. The work area is flanked by two seating areas for breakfast, dining, or perhaps an office. This open Kitchen area has French doors leading to a slightly raised wood deck overlooking the garden. One bedroom also has garden access through French doors and has an en-suite full bath with tub and separate shower. A second bathroom is en-suite to the center bedroom, with a shower. A free-standing garage offers an opportunity to develop an ADU or office conversion and is presently used as storage. Home features include tankless water heater, central air and heating. A California basement houses mechanical equipment and storage space. The nicely attended low maintenance lawn and garden includes fig, pomegranate, olive, black oak, and plumeria trees, and muscat grape vines. The yard offers tranquil views from inside the home and a partially shaded oasis to relax. This home is close to many Los Angeles amenities including the Metro Expo Line, one-of-a kind shops along Pico Boulevard and Fairfax Avenues, Los Angeles County Museum of Art, major medical centers, restaurants, and supermarkets. Welcome to this ready to move-in home. Seller is motivated.
PRICE REDUCTION! Bring all Offers. RARE 4-unit income property in the incredible Miracle Mile / Hancock Park location of Los Angeles. The owner has spared no expense in renovating the units, including all plumbing and electricity, exterior fixtures, kitchens, and bathrooms. Truly one of the most sought-after locations in Los Angeles, this property is an ideal purchase for both Investors and Owner/Users alike. Located near the corner of Olympic and La Brea only a few minutes from the 10 Freeway and the Expo Line and steps away from the new Purple Line, this location is an ideal living situation for all.
PRICE REDUCTION! Bring all Offers. RARE 4-unit income property in the incredible Miracle Mile / Hancock Park location of Los Angeles. The owner has spared no expense in renovating the units, including all plumbing and electricity, exterior fixtures, kitchens, and bathrooms. Truly one of the most sought-after locations in Los Angeles, this property is an ideal purchase for both Investors and Owner/Users alike. Located near the corner of Olympic and La Brea only a few minutes from the 10 Freeway and the Expo Line and steps away from the new Purple Line, this location is an ideal living situation for all.
957 S Wilton Place is a small collection of designer condos located in Wilshire Park/Koreatown adjacent to Hancock Park. This 2007-built unit opens up to an enormous living room with fireplace and separate dining area which also leads to the kitchen with a breakfast bar island. The living room also leads to a huge walk-out balcony, great for entertaining. There is also a powder room at the entrance of the unit. Wood floors throughout and great natural light all throughout the unit! The hallway leads to 4 spacious bedrooms and 3 baths, which is very rare to find; the master bedroom includes a private balcony with great views, 2 separate walk-in closets with custom cabinets, and a luxurious master bathroom with large spa. This unit is also located in the back of the building, which means it shares only 1 common wall and very quiet. Washer/dryer is in unit inside of a laundry closet and the unit comes with 2 parking spaces in private community garage. Fantastic location! Centrally located to DTLA, Hollywood, and West LA. Just a quick drive to Larchmont, Koreatown, Hancock Park, and many grocery stores, shops, restaurants, cafes. Fantastic opportunity to own in a great Los Angeles location!
957 S Wilton Place is a small collection of designer condos located in Wilshire Park/Koreatown adjacent to Hancock Park. This 2007-built unit opens up to an enormous living room with fireplace and separate dining area which also leads to the kitchen with a breakfast bar island. The living room also leads to a huge walk-out balcony, great for entertaining. There is also a powder room at the entrance of the unit. Wood floors throughout and great natural light all throughout the unit! The hallway leads to 4 spacious bedrooms and 3 baths, which is very rare to find; the master bedroom includes a private balcony with great views, 2 separate walk-in closets with custom cabinets, and a luxurious master bathroom with large spa. This unit is also located in the back of the building, which means it shares only 1 common wall and very quiet. Washer/dryer is in unit inside of a laundry closet and the unit comes with 2 parking spaces in private community garage. Fantastic location! Centrally located to DTLA, Hollywood, and West LA. Just a quick drive to Larchmont, Koreatown, Hancock Park, and many grocery stores, shops, restaurants, cafes. Fantastic opportunity to own in a great Los Angeles location!
957 S Wilton Place is a small collection of designer condos located in Wilshire Park/Koreatown adjacent to Hancock Park. This 2007-built unit opens up to an enormous living room with fireplace and separate dining area which also leads to the kitchen with a breakfast bar island. The living room also leads to a huge walk-out balcony, great for entertaining. There is also a powder room at the entrance of the unit. Wood floors throughout and great natural light all throughout the unit! The hallway leads to 4 spacious bedrooms and 3 baths, which is very rare to find; the master bedroom includes a private balcony with great views, 2 separate walk-in closets with custom cabinets, and a luxurious master bathroom with large spa. This unit is also located in the back of the building, which means it shares only 1 common wall and very quiet. Washer/dryer is in unit inside of a laundry closet and the unit comes with 2 parking spaces in private community garage. Fantastic location! Centrally located to DTLA, Hollywood, and West LA. Just a quick drive to Larchmont, Koreatown, Hancock Park, and many grocery stores, shops, restaurants, cafes. Fantastic opportunity to own in a great Los Angeles location!
fully remodel triplex located in Mid LA great neighborhood, All unit be upgrade new bathroom,Kitchen cabinets and flooring and roof.
Please remember the following details: A high-cap investment opportunity, a new development project offering a 19% return, is available for sale. The property at 1721 Crenshaw Blvd is a permitted boarding house with 13 rooms. The property generates a monthly gross income of $30,000, with bank statements as proof of income. After deducting management's 20% fee, the property owner receives $30,000 in monthly deposits. The property, previously listed at $2.2M, is now available at a reduced price of $1.69M. The property at 1721 Crenshaw Blvd is well-maintained and offers an ideal opportunity for owner-users, investors, and developers. The location, in the highly desirable Los Angeles submarket of Mid-City, enhances its appeal as a prime asset for the future. Additionally, two other properties are in the vicinity:- 1717 S. Crenshaw Blvd. This boarding house features 7 rooms, generating a monthly gross income of $17,000. - 1st floor: 3 rooms & 2 baths - 2nd floor: 4 rooms & 1 bath This property is not currently on sale but is negotiable.1709 S. Crenshaw Blvd: This property consists of 4 units, and final permits are underway for the conversion. Its expected monthly gross income is $18,000 (Pro Forma). - 1st floor: Three rooms, each with 1 bed/1 bath (Final permit is coming soon) - 2nd floor: One large room with 3 bed/2 baths All these properties benefit from a convenient location between LADT and Santa Monica, with easy access to the 10/110 Freeways for a hassle-free commute across Los Angeles. There is also potential to change the zoning from R3 to R4, with a proposed 45-unit + 20-unit development on the 22,416 SF LOT (R3, TOC 3).
1226-1228 S. Manhattan Place is a 6-unit multifamily property located in the Country Club neighborhood of Los Angeles. The building has a diverse unit mix of two (2) three-bedroom units and four (4) two-bedroom units. All of the units have been completely remodeled with brand new electrical, plumbing and mechanical. These units are sub-metered for gas, electrical and water, resulting in an extremely low utility expense which is rare in the Los Angeles market. Due to the renovations, the expense profile of the property is extremely low and will allow for strong cash flow immediately.
Totally remodeled 3units including ADU unit in the Miracle Mile area. Front building is a lovely 2-bedroom 2bath with open living room to modern kitchen. Back building is 2 large bedrooms 2 full baths with spacious living/dining room area and ADU Single unit. Designer finishes in both buildings. Attached carport with additional driveway parking. This property is a fantastic investment in an area that is close to all. Please do not disturb occupants......A MUST SEE.........
Great income producing property in a fantastic section of the city. This 4 unit single story apartment unit features 3 1 bedroom, 1bath units and 1 2bedroom, 1 bath unit. Two of the one bedroom units have been updated. The 2 bedroom unit will be delivered vacant at close of escrow. It is currently owner occupied allowing you to live in or set the rental amount at market rate! There is a laundry room in the garage, and parking for one car associated with the two bedroom unit. The remaining garage spaces were modified and will not accommodate parking inside. unit 1 is 1 bd @ $1,141 unit 2 is 1 bd @ $1,630 renovated unit 3 is 1 bd @ $1,491renovated Unit 4 is 2 bd includes a garage with a laundry room, and also 2 other garages that can't be parked in but were semi- converted to studios and has a privacy fence from the first three units. Located in one of the most desirable areas in West LA. centrally located to Santa Monica, Venice Beach, Downtown, Hollywood, and Beverly Hills. Plenty of restaurants, salons, and shopping within walking distance.
Nestled in the heart of the highly sought-after Oxford Square neighborhood of Los Angeles, this charming 3-unit apartment building is an investor or developer's dream. Each unit boasts its own unique character, with spacious layouts and abundant natural light. The property exudes historic charm while offering immense potential for modernization and value enhancement. Situated on a generous lot, there's ample room for creative expansion or redevelopment, making this a prime opportunity for the right buyer to maximize their investment. With close proximity to shops, dining, and entertainment, this property is perfectly poised for growth in one of LA's most desirable areas. Don't miss your chance to capitalize on this rare find--bring your vision and unlock the true potential of this exceptional property!
New roof has been installed! This is a perfect investment opportunity!! Welcome to 1240 Muirfield Ave, situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good condition, painted all well-maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, supermarkets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on the property, per Dept of Public & Safety. Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 2720 S Sycamore Ave, Los Angeles, CA 90016 & 1121 5th Ave, Los Angeles, CA 90019.
Beautiful Mid-City Home! This meticulously appointed and renovated home has 3 bedrooms and 2 bathrooms. With tons of natural light and Laminated floors throughout most of the house, this house will be found appealing to those searching for a beautiful floor plan that includes a formal living room, formal dining room. New roof, new windows, new kitchen cabinets with beautiful quartz countertops and premium appliances, renovated bathrooms with frameless shower doors, new fixture as well. new interior doors, new paint inside and outside, new wood gate doors, premier fence, sprinkler system, new A/C unit, recessed lighting, new closet doors, and a beautiful electric fireplace, tankless water heater, new HVAC system, home is also prewired with CAT 6 in every room. The large front and back yards are perfect for accommodating either large or intimate gatherings. The master bedroom flows into the tranquil back yard setting. Also, this property is centrally located near FWYS and recreations nearby.
Open House:
Sunday, 9/29 1:00-3:00PM
FRESH NEW PRICE - REDUCED $50K! WHAT A GEM! DARLING SPANISH 2-UNIT COMPOUND for sale in coveted Wilshire Highlands neighborhood. IDEAL OWNER/USER OPPORTUNITY! This 4 bedroom Side-by-side Duplex feels like an Oasis in the city - offering lush greenery, tall fences/hedges, and an amazing backyard that has it all! This property comes with a BONUS garage flex space that can be used for work or play (with attached laundry room and half bathroom). Both units have been remodeled with their own unique features and layout. Unit 5319 is delivered vacant (Previous rent was $4300/month). Unit 5317 rents for $3850/month. Abundant Character throughout both units - with traditional Spanish rounded arches, wood windows, high barrel ceilings, and original hardwood floors. Large open kitchens re-designed and remodeled by current owners. Subway tiling backsplash to ceiling, custom details in open shelving and floor tile, new cabinetry, and stainless steel appliances. Front and backyards both have many usable spaces, including a large turf lawn, a private fire-pit seating area, raised vegetable garden with fruit trees, raised wood deck, and additional private seating areas for each unit.Other special features include: Remodeled bathrooms + recessed lighting + dual-paned sliding glass doors + repaired foundation + newer roof. Located in prime location between Downtown LA and the Westside. Many restaurants, cafes, and shops all around near Pico Blvd, West Adams, Culver City, Miracle Mile and West 3rd too. LACMA, Republique, All Seasons Brewing, The Grove, all nearby. Beautiful architecture with great location, immediate vacant unit, and top-notch tenants - This one has it all!
The price is just reduced. This lovely 2nd-floor condo in the heart of Koreatown offers the perfect blend of comfort and convenience. With 2 bedrooms and 2 bathrooms in a secure, gated building, this home boasts an open floor plan that includes a spacious living and dining area, beautiful bamboo floors, and cozy carpeted bedrooms. The modern kitchen is a highlight, featuring sleek quartz countertops, a breakfast bar, and stainless steel appliances. The main suite offers a serene retreat with a walk-in closet and a bathroom complete with dual sinks, a separate tub, and a shower. You'll also love the two balconies that fill the space with natural light. Residents can take advantage of the community rooftop deck and underground gated parking. Plus, you're just a short walk away from Koreatown's best restaurants, supermarkets, and shops. It's a perfect place to call home!
The price is just reduced. This lovely 2nd-floor condo in the heart of Koreatown offers the perfect blend of comfort and convenience. With 2 bedrooms and 2 bathrooms in a secure, gated building, this home boasts an open floor plan that includes a spacious living and dining area, beautiful bamboo floors, and cozy carpeted bedrooms. The modern kitchen is a highlight, featuring sleek quartz countertops, a breakfast bar, and stainless steel appliances. The main suite offers a serene retreat with a walk-in closet and a bathroom complete with dual sinks, a separate tub, and a shower. You'll also love the two balconies that fill the space with natural light. Residents can take advantage of the community rooftop deck and underground gated parking. Plus, you're just a short walk away from Koreatown's best restaurants, supermarkets, and shops. It's a perfect place to call home!
Open House:
Saturday, 9/28 2:00-4:00PM
Welcome to this stunning two-bedroom, two-bathroom condo in Miracle Mile, a vibrant neighborhood in the heart of Los Angeles. Enjoy the abundant natural light, beautiful laminate floors throughout, and the convenience of central AC and heat with an Ecobee smart thermostat, which enhances the property's energy efficiency. The unit includes a recently updated HVAC system, an in-unit washer and dryer, stainless steel appliances, and two secure tandem underground parking spaces. The property also features a newly replaced roof installed in 2023, providing enhanced durability and peace of mind. With an 85 walk score, you’re just minutes from The Grove, Beverly Center, and perfectly situated for easy access to West Hollywood, Koreatown, and major LA attractions.
Welcome to this delightful 3-bedroom, 1-bathroom home, where timeless 1920's character meets contemporary convenience. Step inside and be captivated by the unique blend of old-world charm and modern updates. The updated kitchen is a chef's dream, boasting sleek stone countertops and high-end stainless steel appliances that effortlessly combine style and functionality. This home offers more than just a beautiful kitchen. The generous living space is rich with character, and perfect for entertaining. The bedrooms are well lit and have closet space. With washer/dryer hookups available, laundry will be a breeze. The large detached garage provides ample space for parking and storage, accommodating all your needs. The sprawling private yard is perfect for outdoor activities, gardening, or simply relaxing under the shade of mature trees. You'll fall in love with the abundance of 1920's character showcased throughout the home.
The garden style asset, 1337 S. Highland Avenue, is comprised of two adjacent apartment buildings with a total of eight units situated in the diverse Mid City neighborhood of Los Angeles. The asset boasts eight tandem parking spaces located directly in front of the property. The unit mix consists of eight large, well-designed one-bedroom / one bathroom units that include outdoor space for added convenience and appeal.The low price per unit establishes a strong initial investment basis, making it attractive for buyers looking to maximize their return. Notably, the property has a significant potential upside in rents, indicating substantial room for income growth and increased profitability via bringing down operational expenditures. This property offers a compelling value add investment opportunity to new ownership. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID
R3 zoned. Opportunity to own a Craftsman style quadruplex in the historic neighborhood of Arlington Heights in Mid-City. Spacious units - the two lower level units each feature 2 bedrooms & 2 baths while the two upper level units each feature 3 bedrooms & 2 baths. Huge lot offers plenty of gated parking spaces. Included interior pictures of one of the units were taken prior to tenant occupancy.
If you are looking for a home plus income, come and see 4526 St. Elmo Dr. This exceptional property offers a fabulous 3Bd/2Ba remodeled two-story home and 2 additional 1-bedroom units. The remodeled home has lots of old-world charm, wood floors, new windows, new HVAC system, formal dining room, and remodeled kitchen and baths. There are two attached additional one-bedroom units that are large, bright, and spacious each with their own charm, wood floors, spacious kitchens and in-unit W/D hookups. One unit is currently leased, while the other is vacant and remodeled. Lot is approx. 7,004 SF, with a total living space of approx. 3,620 SF. Lots of upgrades, including electrical and roof. Don't miss out on this exceptional owner-user or investment property. All Three Garages are vacant, allowing for a possible ADU opportunity (check with city). Schedule your tour today!
Open House:
Sunday, 9/29 2:00-5:00PM
Situated on an idyllic block in the highly sought-after Brookside neighborhood, this turn-key, gated, and very private home offers a classic layout and a beautiful, hedged backyard with pool. The gated front garden is enjoyed from the covered porch year-round. A formal living room, dining room, and updated kitchen are blasted with sunlight. A wide, bright corridor leads from the living room directly to the backyard and pool. On one side are two spacious guest bedrooms with a large, windowed, guest bathroom. Opposite the guest rooms is a primary bedroom with built in storage and an en-suite, windowed bathroom. The lush backyard has mature palm trees, a beautiful pool and spa, as well as spaces for outdoor dining and lounging. A pool house currently serves as a large, sunny office. The private and secured property is accessed from a walk-in gate and gated parking for two cars. Updated and serene, this traditional 1920s home is unlike anything else on the market.
Open House:
Sunday, 9/29 1:00-4:00PM
The most darling home, located in the heart of lovely Oxford Square and mere minutes from the vibrant neighborhoods of Larchmont, Hancock Park, and Koreatown. Nestled behind a private green hedge, this traditional 3 bedroom, 2 bath home offers a perfect blend of modern comfort and original charm. Step inside to discover the warmth of beautiful hardwood floors that guide you through the inviting living spaces. Natural light floods the living room, creating an ambiance that welcomes you home. The kitchen is clean and modern, and offers a view to the private oasis of your own backyard, which offers a variety of fruit trees, including a stunning apple tree, large Trex deck to dine al fresco, and a hot tub to relax after a long day. Three spacious bedrooms, including a sprawling en suite Primary Bedroom, with a full sized attached laundry room, complete with additional storage. Get creative with the 2 car side by side private garage- the perfect space for a home gym, work from home office, or potential ADU conversion for all those house guests who will be coming to visit after you move in. Are you wanting the conveniences of modern city living, but the peace and tranquility of your own home sweet home? You can truly have it all with this one.
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% 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 90019 has a population of 3,949,776. Los Angeles 90019 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90019 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90019 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.