Developers Dream - opportunity to acquire five contiguous lots located at 5613 - 5627 W Pico Blvd in the prime Mid-City submarket of Los Angeles. The 17,097 SF development site is zoned C4-1-O TOC Tier 2 allowing a developer to build +/- 45 units by-right or up to +/- 74 units utilizing the TOC density bonus. The site currently comprises a 4,077 square foot office building. The property offers a rare development opportunity as no previous rental units are on Lot and the new development will not be subject to the Rent Stabilization Ordinance. The property, situated in the Mid City neighborhood has a remarkable walk score of 91 (a walker's paradise), and offers residents a vibrant urban lifestyle. The property is just steps from renowned dining venues, bars,. Nearby attractions include LACMA, Little Ethiopia, The Peterson Automotive Museum, The Grove, Third Street Restaurants, Melrose Trading Post, and El Rey Theater, just to name a few. Future residents will enjoy convenient access to major transportation hubs and freeways, including the 10 freeway, and 101, facilitating easy commuting to employment hubs such as Downtown Los Angeles, San Fernando Valley, and Silicon Beach. For those looking for public transportation, there are several subway stops in proximity of the property including La Cienega/Jefferson and Expo/La Brea Stations. Additionally, Los Angeles International Airport is less than 30 minutes away. Please contact John Swartz or Jackie Carroll for more information.
broker related to owner
This spectacular historic property consisting of three separate buildings with three separate APN numbers was designated with Mills Act status in 2017. It is located in the coveted and historic Preservation Overlay Zone (HBOZ) of Country Club Park. This property known to many as 'the beautiful buildings on the hill', offers expansive city views to its many tenants. It is situated on an enormous 23,000 sq. ft. lot spanning the entire southern side of the block of Country Club Drive between 3rd and 4th Avenue. The buildings were built in 1923 & 1936 by well known architects of that period. The units are large and spacious and total over 17,000 sq. ft. There is an excellent mix of 1,2 & 3 bedroom units, with several being townhouse style. The rents are below market creating a quintessential value-add opportunity for new ownership. The units exude style, character and charm offering a mix of both Mediterranean Revival Style and French Revival Style of architecture. This is an extraordinarily unusual opportunity to purchase this property which has rarely been offered for sale since it was built by its original owner, Edna T. Lux in 1923 and 1936.
This Lovely Duplex is now on the market after 45 years of pleasure and enjoyment... With 3 Bedrooms and 2 Bathrooms in each unit, this offering presents great upside... Beautiful living room & formal dining room, beautiful original Hardwood floors throught, these units offer an opportunity to reside in one and generate rental income in the other... Both Units will be delivered Vacant at close of escrow...
*Buyers Couldn't Perform, back on market accepting offers* Welcome to your next investment gem! This tenant-occupied triplex in the vibrant and highly sought-after Mid-Wilshire district offers a rare blend of classic charm and modern convenience. Each unit is well maintained, ensuring steady rental income and happy tenants. Nestled in the cultural heart of Los Angeles, this triplex is minutes away from a plethora of world-renowned attractions and activities such as the Los Angeles County Museum of Art, La Brea Tar Pits and Museum, Petersen Automotive Museum, The Grove, Fairfax District. This triplex offers an unbeatable opportunity to own a piece of Los Angeles' vibrant Mid-Wilshire neighborhood, with its blend of cultural richness and modern amenities. Whether you're an investor looking for a reliable income property or someone seeking a prime location to call home, this triplex is an exceptional find. Don't miss out on this incredible investment opportunity in one of LA's most dynamic neighborhoods.
Location, Location, Location! This exceptional property is nestled in the desirable Country Club Park, providing unmatched convenience to major markets, an array of restaurants, and bustling shopping malls. The first floor boasts a generous layout, featuring two large bedrooms and one well appointed bathroom. A fully equipped kitchen perfect for cooking and entertaining. Dedicated laundry space for added convenience. A cozy living room ideal for relaxation and gatherings. The second floor has its own entrance, ensuring privacy and independence from the first floor. Another fully functional kitchen, providing the option for separate living quarters. Four sizeable individual bedrooms offer ample living space. Each bedroom has their own private bathroom. Ample parking spaces for all the units including a carport, offering secure and convenient parking for residents. The outside unit has been skillfully converted into a studio with its own bathroom, adding another potential rental unit. With its spacious layout and flexible living arrangements, there are numerous possibilities for future improvements and value-add projects. This property represents a prime investment opportunity, situated in a high demand area, diverse rental options, and strong income potential. Don't miss out on the chance to capitalize on this versatile and lucrative real estate asset.
Duplex in quiet and convenient location. It is in HPOZ nearby County Club Dr. Easy to commute to Downtown LA and West LA. Good opportunity for owner use and investment. Huge lot 8,627sf. Kitchen and bathrooms are fully remodeled and upgraded both units. BBQ area in the private yard. Gated driveway, plenty of parking spaces in the back. 2 car garage with small storage attached. Two address for this property 1241 & 1243. Downstair unit with 3 bedrooms and 3 bathrooms , remodeled gourmet kitchen and big living room with fire place. Up stair unit with 3 bedroom 3 bathroom. Both units with laundry hook up. And huge storage room in the attic. Seller applied to city for ADU for 1 bed/1bath in the back. Please Do not disturb tenants. Please drive by only.
Charming Spanish fourplex in the desirable Beverly Center/ Miracle mile area. The building consists of four two bedroom, one bath apartments. One unit delivered vacant. Private garages for each unit. Numerous upgrades to all units while keeping the character and charm with arched ceilings and great layouts. Hard wood floors, Laundry in all units, individually metered, Granite counters and stainless steel appliances remodeled units with potential to increase income to $156,000. Current Net Income $101,664 with CAP of 4.8 and GRM of 15. Great owner user or Impressive Investor rental in highly desirable area 2 minutes to LACMA and 7 to drive to Beverly Hills.
1246 S Bronson is nestled in the heart of Los Angeles amongst a contemporary ensemble of six new construction, single-family homes. This modern 3-story townhouse offers a unique floor plan featuring an oversized outdoor deck boasting views of the Hollywood Hills and DTLA, ideal for hosting al fresco dinners amongst the summer sunsets. Relish the unrivaled comfort of urban opulence and step into the epitome of stylish modern living.
1246 S Bronson is nestled in the heart of Los Angeles amongst a contemporary ensemble of six new construction, single-family homes. This modern 3-story townhouse offers a unique floor plan featuring an oversized outdoor deck boasting views of the Hollywood Hills and DTLA, ideal for hosting al fresco dinners amongst the summer sunsets. Relish the unrivaled comfort of urban opulence and step into the epitome of stylish modern living.
We are pleased to present the opportunity to acquire 15th Street Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid City and Koreatown. This offering includes a 22 unit multifamily building built in 1964 with a foot print of approximately 14,407 SF, sitting on a 14,587 SF corner lot zoned LAR3. 15th Street Apartments offers an investor a significant value add opportunity with approximately 54% (+/-) of potential upside in rents spread across a desirable unit mix of mostly 2 bedrooms units. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive corner frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stretch of Washington Blvd, anchored by the Underground Museum between 3rd and 6th avenues, is becoming a desirable location for art galleries and boutiques. Nestled right at the convergence of main thoroughfares and freeways, Arlington Heights allows for easy access to the wider region of LA and key employment centers.
The property consists of five units, built in 1940, on an 8,135 square foot lot zoned R3-1HPOZ, with two separate structures totaling 6,102 square feet. Frontage is on Cloverdale Ave and 12th Street, and the property is one block from San Vicente Blvd. The front building is a two-story walk-up layout with two large (1,400 to 1,600 +/- SF) townhome-style units with patios. One unit has four bedrooms and three bathrooms, and the other has three bedrooms and two bathrooms. The rear building has three one-bedroom, one-bathroom units over two 2-car garages and a large laundry room. The property is individually metered for gas and electricity and the landlord pays for water and sewer. ADU Potential - The building in the rear of the property on 12th Street has three units over two garages. There is potential to convert the garages to an accessory dwelling unit (ADU) buyer to verify with the city.
2422 Venice Blvd is a 14 unit apartment building located in the Mid-City Submarket of Los Angeles. Located west of Western Ave, in between Gramercy and St Andrews. Built in 1913, the property consists of (13) SRO units and (1) Bachelor unit. Delivered with 9 vacant units. The property includes 4 recently renovated shared bathrooms totaling 7 toilets and 5 showers, on-site gated parking for 5 cars in the rear, on-site laundry, a recently renovated shared kitchen space, and a new roof. The subject property sits on a 6,006 sf lot zoned LAR3. The investment is offered at a very attractive cap rate and GRM with significant upside in rents. This property covers for a $1,400,000 loan at an 8.5% IO rate for 24 months. This along with the significant amenities for an SRO property make this an attractive opportunity for an investor.
MAJOR CASH FLOW! Approximately 11% Cap Rate. Tenant, Catalyst Cannabis Co., pays $20,000 NNN monthly. Catalyst Cannabis Co. has 28 stores open and operating. Licensed by the City of Los Angeles for a cannabis retail store.
Welcome to this versatile property, perfect for a wide range of buyers! Whether you're an investor seeking substantial cash flow, a developer in search of a generously sized lot, or a homeowner dreaming of a beautiful residence with a separate suite with its own entry or additional income, this property meets all your needs. Both units will be delivered vacant, providing endless possibilities. This well-maintained duplex boasts a large lot and a separate, detached garage structure. The bottom unit is spacious, featuring two bedrooms, two bathrooms, a beautiful kitchen, and a large living room finished with wood floors and tile. The upstairs unit consists of two bedrooms and 1.5 bathrooms. The unique layout allows for flexibility: use the property as two separate units or easily combine them into one large home through a connecting door. Situated in an excellent location, you'll enjoy easy access to Downtown Los Angeles and West Los Angeles. Proximity to the 10 freeway makes commuting a breeze. Don't miss out on this opportunity to own a prime piece of real estate in a central and convenient location. This property won't last long!
Welcome to this versatile property, perfect for a wide range of buyers! Whether you're an investor seeking substantial cash flow, a developer in search of a generously sized lot, or a homeowner dreaming of a beautiful residence with a separate suite with its own entry or additional income, this property meets all your needs. Both units will be delivered vacant, providing endless possibilities. This well-maintained duplex boasts a large lot and a separate, detached garage structure. The bottom unit is spacious, featuring two bedrooms, two bathrooms, a beautiful kitchen, and a large living room finished with wood floors and tile. The upstairs unit consists of two bedrooms and 1.5 bathrooms. The unique layout allows for flexibility: use the property as two separate units or easily combine them into one large home through a connecting door. Situated in an excellent location, you'll enjoy easy access to Downtown Los Angeles and West Los Angeles. Proximity to the 10 freeway makes commuting a breeze. Don't miss out on this opportunity to own a prime piece of real estate in a central and convenient location. This property won't last long!
Wonderful and well maintained four units in a nice neighborhood. Building has been remodeled with many upgrades in kitchens and bathrooms. Each unit is very spacious with an open floor plan. It has lots of parking spaces( more than 8) and each unit has a laundry hook-up. Great investment property in a good rental area. Showing with accepted offer only.The profile shows 4 beds + 2 baths, the actual using 8 Beds + 6 Baths. Buyer to verify permit. Do not disturb tenants!
Beautifully maintained Place of Worship located in the southwest of Koreatown. Close to Downtown LA with easy access to Freeways 10, 101, and 110. The property is highly visible and easily accessible. Approximately 7,650 interior sqft. on 16,300 sqft. lot with 22 parking spaces plus street parking. Additional parking can be negotiated with neighbors. The building includes a main sanctuary(available 150-180 seats), a small chapel, foyer, 6 class rooms, 1 office, kitchen, fellowship hall and 3 restrooms. The building was renovated 3-4 years ago and was completed with seismic strengthening work, installation of a rainwater purification device, installation of seven HVAC, and installation of fire sprinklers etc. Property is in great condition and maintained well. Seller is motivated. Not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Excellent opportunity to own a profitable and well-established Nutrition products business. This successful store is located in the city of Los Angeles. Current owner runs the business for more than 37 years, with a great customer base & money making. Seller plans to retire.
Nestled in the heart of vibrant Mid-City, this contemporary gem, constructed in 2018, presents a harmonious blend of style and functionality. Boasting 3 bedrooms, 3 bathrooms, and an attached 2-car garage, this home is designed for modern living. Take in breathtaking views of the city skyline and the iconic Hollywood sign from two of the expansive balconies. The main level beckons with an open concept chef's kitchen that seamlessly transitions into the spacious living and dining areas, perfect for entertaining or unwinding in style. Upstairs, discover two generously-sized bedrooms, a full bathroom, and a dedicated laundry room for added convenience. The entire top floor hosts a luxurious primary suite, complete with two walk-in closets and a luxurious primary bathroom featuring a double vanity and a walk-in shower with designer fixtures and marble finishes. Convenience is key, with grocery stores, boutique shops, great dining options, and the 10 Freeway all within easy reach. This designer-done, turn-key residence is the most luxurious offering in Mid-City and ready for you to call home.
Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.
The epitome of a perfect investment opportunity in the heart of Koreatown, 913 South Wilton has hit the market after 35 years. Immaculately maintained by its current owners, this six-unit apartment complex offers a strategic blend of convenience, accessibility and value-add potential to ensure long-term growth for valuation-savvy investors. This prime location provides excellent access to Hollywood, Koreatown, Hancock Park, downtown and the vibrant Westside. One current owner-occupied unit, available for immediate occupancy, could be delivered vacant, creating significant value-add potential. Don't miss this opportunity to acquire an outstanding investment opportunity with the perfect mix of location, value-add potential and long-term growth.
Stunning Architectural Triplex in Prime Mid City Los Angeles! This newer construction gated triplex built in 2018 consists of two structures, a free standing two-story home in the front featuring 4 bedrooms, 3.5 bathrooms, 1,902 SF and attached direct access private garage. The two attached side by side two-story units in the back consist of 4 bedrooms, 3.5 bathrooms, 1,562 SF each and uncovered parking spots. All three units feature spacious open floor plans, abundance of natural light, amazing city views from the second levels, high end finishes through out, high ceilings, skylights, recessed lighting, designer tile and hardwood floors, gourmet kitchens with center islands, custom made kitchen cabinets, Quartz counter tops, stainless steel appliances, laundry inside, central A/C and heating, tons of storage space and private yard spaces. The property is centrally located near Hancock Park, Beverly Center, Miracle Mile and Downtown LA. Near shops, restaurants and entertainment, easy freeway access. All units are currently tenant occupied. Please do not disturb the tenants.
Stunning Architectural Triplex in Prime Mid City Los Angeles! This newer construction gated triplex built in 2018 consists of two structures, a free standing two-story home in the front featuring 4 bedrooms, 3.5 bathrooms, 1,902 SF and attached direct access private garage. The two attached side by side two-story units in the back consist of 4 bedrooms, 3.5 bathrooms, 1,562 SF each and uncovered parking spots. All three units feature spacious open floor plans, abundance of natural light, amazing city views from the second levels, high end finishes through out, high ceilings, skylights, recessed lighting, designer tile and hardwood floors, gourmet kitchens with center islands, custom made kitchen cabinets, Quartz counter tops, stainless steel appliances, laundry inside, central A/C and heating, tons of storage space and private yard spaces. The property is centrally located near Hancock Park, Beverly Center, Miracle Mile and Downtown LA. Near shops, restaurants and entertainment, easy freeway access. All units are currently tenant occupied. Please do not disturb the tenants.
Amazing investment fixer opportunity in the highly sought-after Hancock Park-Wilshire neighborhood of Los Angeles. This charming duplex offers immense potential for investors or end users. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces perfect for families or rental tenants. Each unit also has its own detached garage, adding convenience and additional storage options.
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 90019 has a population of 3,902,440. Los Angeles 90019 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 90019 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 90019 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.