Legal 4-plex close to Culver City, West Adams, Cumulus District, Hayden Tract and the soon-to-open Habitat development. Gross Scheduled Income: $105,664. Annual Expenses: $27,183. Net Operating Income: $78,481. GRM: 14.67. Cap Rate: 5.06%. Front unit is a townhouse style 3BD/2BA with other attractive unit mix of 3BD/2BA, 2BD/1BA, and 1BD/1BA. Two units have been remodeled. This property has been well maintained throughout the years with regular maintenance and several updates. Seller invested over $45,000 in improvements. Two units have been fully remodeled with new interior paint & new floors throughout, HVAC, updated plumbing, new full kitchen with appliances, new bathrooms and more. On-site laundry available for extra income. Low expenses. Quiet location on a cul-de-sac. Strong rental location. This area is undergoing an enormous transformation with the construction of new apartment buildings and the opening of creative office space for many tech companies such as HBO, Amazon, Apple, and more. Walk to new restaurants and galleries on West Adams such as Tartine, Normandie Bakery, Farmhouse kitchen, Alta, Mizlala, Adams Wine Shop and Cento and Whole Foods. Bike to trendy Culver City downtown, Boneyard Dog Park, Farmers Market, the LA Fitness and Equinox Gym. Easy commute to DTLA, Beverly Hills, Santa Monica and LAX. Seller paid $1,600,000 in 2022 and is selling due to change in life circumstances. Seller has assumable loan at 5.375%, balance $1.17M, and maturity date 05/2052 (Buyer to download form under Docs section). This is an excellent opportunity to acquire an investment property with strong income and future upside in rents and the neighborhood. A great starter property to launch your income portfolio. SELLER MOTIVATED-ALL OFFERS WILL BE ENTERTAINED!
Invest in the heart of LA's affluent neighborhood! 10772 Woodbine St offers upscale apartment living with high investment potential. With its coveted location and upscale amenities, this property promises excellent returns. Join the thriving Los Angeles real estate market today. Invest smart, invest in 10772 Woodbine St!
Pride of ownership four-unit building on Motor Avenue in the heart of Palms. Three stand-alone homes, each with their own water heaters, mini split air conditioning and heating units, and washer/dryer hook-ups and a fourth unit over the rear garages. The updated front house has two bedrooms and one bath and the unit over the garages also has two bedrooms and one bath. The other two units each have one bedroom and one bathroom and one of the units was recently renovated. Four garage spaces off the rear alley plus a store room that is used by the owner. Each unit is separately metered for gas and electricity and the owner pays for water and gardener. The lot is 7,500 square feet (50' X 150') to a 20' alley and the zoning is MU-EC (Mixed Use Exposition Corridor), which may allow for significant development opportunities. Buyers are encouraged to check with the city of LA for more information on allowed uses, allowed maximum height, and density bonuses. The property has a Tier 3 TOC designation.
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. ** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.
Welcome to 8960 Helms Place, a charming residence exuding warmth and comfort in the heart of Los Angeles. Meticulously maintained and rehabbed. Turnkey ready! This home seamlessly blends modern comforts while offering surprising additional features that elevate its appeal. 2 Bedrooms and 1 Bathroom in front main house. Two spacious bedrooms, complemented by a well-appointed hallway bathroom are situated to the left of entry. The inviting living room, adorned with a fireplace, beckons a spacious furniture layout to the right of entry. Adjacent and centrally located in main house is a separated dining room that creates an ideal ambiance for meals and gatherings. A well-Equipped Kitchen follows off to the right of the dining room. The kitchen is complete with stainless steel appliances including a gas oven/ stove unit, dishwasher, microwave, and refrigerator (Washer and dryer also included off kitchen). Quartz kitchen countertops and ample cabinetry complement the space, offering both functionality and style. There is also an enclosed back porch on the back part of main house, offering even more versatile living space adaptable to various needs. Experience year-round comfort with upgraded central AC. Ceiling fans in all bedrooms to enhance comfort while the durable recently resurfaced hardwoods ensure easy maintenance. Tesla solar panels on the roof top. (Paid off lease ends in 2032) Unexpected Surprise. Explore the garage conversion in the back. The garage was once converted into an Accessory Dwelling Unit and recently remodeled. The unit includes a full kitchen, bathroom and laundry. ADU and front house porch, have an added 1000 + sq feet of living space. (buyers to do due diligence) Don't miss the chance to call this delightful property home for your immediate family and with complementary added guest quarters. The property is situated in a prime Location in bustling Los Angeles, providing easy access to local amenities, entertainment, dining, and more. A must see.!!
An 8 unit apartment building investment opportunity located at 2621 Chariton St, Los Angeles 90034. The subject property is located in the very desirable area of Los Angeles just adjacent to Culver City. Great unit mix six (6) two bedrooms +1 Bath, (1) Two bedrooms+1.5 bath and (2) 1 bedroom + 1 bath apartments. Building is situated on a large 7494 Sq. Ft of area lot, R-3 Zone. Property features include balconies or patios for all units, on site laundry facilities, separate gas / electrical meters and off street parking , close to shopping, dining, school, and entertainment hot spots. Close to Culver City Art District, Silicon Beach and close proximity to 405, 10, 110 freeways and just a short drive to the beach. This offering provides a great opportunity for an investor to be in a prime Culver City adjacent location with Huge upside potential to increase value. Excellent unit mix with approximately 50% upside in the rents.. Great investment property adjacent 9 unit building at 2015 is also for sale by same owner, properties are in TOC and all together they would make a great project to build
A 9 units apartment building located at 2615 Chariton St, Los Angeles 90034. Unit mix consists of (3) Studios, (1) One Bed/One Bath and (5) Two Bed/Two Bath. Just 1.5 miles to the revitalized Culver City Arts District and the newly constructed Metro Hub and major motion picture studios including Sony Pictures. There are tens of thousands of creative and production jobs within a 5-mile radius including Culver Studios, NPR, WeWork and hundreds of small and medium size design studios, photo stages and marketing firms including UCLA's new School of Arts & Architecture campus which is near completion. Centrally located with great markets, restaurants and microbreweries with easy access to the 405, 10, 110 FWY and metro rail lines - just 8 miles to DTLA, the Staple Center as well as Silicon Beach and Santa Monica to the West. Property is in a TOC. It has Tier 1 status. NEXTDOOR BUILDING 2621 IS ALSO FOR SALE TOO THAT COULD BE COMBINED FOR BIGGER PROJECT.
R3 DEVELOPMENT OPPORTUNITY - Prime location to build your dream project in the highly desirable Palms - Mar Vista Area! R3 zoning with transit-oriented communities (TOC) tier 3 designation. Tier 3 TOC designation allows for a density bonus of up to 70% above the current by-right allowed number of units. This property is being marketed and sold “as-is” for land value. Lot size is 6,754 SF. Executive Directive 1 (ED 1) expedites the processing of affordable housing projects in Los Angeles. Eligible projects receive expedited processing, clearances, and approvals through the ED1 Ministerial Approval Process. Buyer can purchase land and use existing home for rental income until ready to build multi-level apartment units or condos. Conveniently located near Venice Blvd and Culver Blvd blocks from restaurants, bars, and coffee shops in downtown Culver City, Culver Steps, The Ivy, Exposition Corridor Bike Path, Sony Pictures Studio, Fox Studio's, The Platform, Culver City Arts District. Two Train/Metro E-Line Stations and Easy access to 10 and 405 freeways.
Incredible light and bright tenant occupied traditional style home in the ideal Beverlywood Adjacent location. Potential to add a detached ADU for family or additional income. The home features 5 bedrooms, 4 baths and over 3700 square feet living space with a large lot. This two story home has classic hardwood floors and an ideal flowing floor plan also includes a California basement great for wine storage. A spacious living room, family and dining room with two bedrooms downstairs and three bedrooms up including two main suites with huge walk in closets. Washer Dryer hookups in the detached garage.
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 90034 has a population of 3,949,776. Los Angeles 90034 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 90034 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 90034 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.