Los Angeles Homes with Apartment Subtype

Welcome to Los Angeles County, a vibrant tapestry of culture, innovation, and breathtaking landscapes nestled in sunny California. Known as the entertainment capital of the world, LA boasts a diverse population and an eclectic mix of neighborhoods, each with its own unique charm. From the iconic Hollywood sign to the sandy beaches of Santa Monica, there’s no shortage of attractions that make this county a desirable place to call home.

In Los Angeles, the real estate market is as dynamic as the city itself, particularly when it comes to homes with an apartment subtype. These residences offer a fantastic opportunity for homeowners looking to maximize their investment while enjoying the benefits of urban living. Imagine a stylish bungalow with an attached studio apartment, perfect for guests, family, or even generating rental income. This dual-living concept is increasingly popular, allowing homeowners to embrace the flexibility that modern life demands.

The appeal of homes with apartment subtypes in Los Angeles lies not just in their versatility but also in their prime locations. Whether you prefer the bustling streets of Downtown LA, the artistic vibes of Silver Lake, or the serene neighborhoods of Westwood, these homes are strategically situated to provide easy access to local amenities, dining, and entertainment options.

With the rich history, cultural diversity, and endless opportunities that Los Angeles County offers, it’s no wonder that homes with apartment subtypes are in high demand. Discover your perfect space where comfort meets convenience, and let the enchanting spirit of LA welcome you home!

Newest Los Angeles Homes with Apartment Subtype

$1,600,000

IG26209880 MLS ⋅ Active Status

Great Income Property ... $$$ CASH FLOW $$$ ... Approx. Cap Rate of 4.4 % ... Clean, Well Maintain 2 Story Building, 6 Units, 12 Bedrooms, 6 Baths, Lots of Parking in the back... Drive-by to appreciate.

1110 S Kenmore, Los Angeles

$2,895,000

SB26175498 MLS ⋅ Active Status

1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and units with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.

1439 Cedar, Long Beach

$1,199,900

DW26202192 MLS ⋅ Coming Soon Status

Rare 6-unit Spanish-style courtyard building in Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit will be delivered with no tenant in place at close. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to Leimert Park Village. Subject to LA Rent Stabilization Ordinance; buyer to verify all aspects of the property.

4237 8th Avenue, Los Angeles

$5,000,000

PW26209899 MLS ⋅ Active Status

Pleased to present 6900 California Avenue, a rare opportunity to purchase a 24-unit apartment building with an prime unit mix of almost all 2-bedroom units for $208,333 per unit. The property sits in a quiet residential neighborhood in the excellent rental city of Bell. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities. Given the property’s ideal central location near Southland freeways (30 minutes or less median travel time to work) and the city’s renter profile being over ±73% of the population, 6900 California Avenue will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

6900 California, Bell

$4,000,000

PW26209766 MLS ⋅ Active Status

Pleased to present 4861 E. Clara Street, a rare opportunity to purchase a 20-unit apartment building with a prime unit mix of all 2-bedroom units for $200,000 per unit. The property sits next to the large Elizabeth Regional Learning Center and Clara Street Park in the excellent rental city of Cudahy. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities. Given the property’s ideal central location near Southland freeways (30 minutes or less median travel time to work) and the city’s renter profile being ±86% of the population, 4861 Clara Street will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

4861 Clara Street, Cudahy

$1,500,000

AR26188234 MLS ⋅ Active Status

Prime 6-unit multi-family investment opportunity on an oversized lot in Bell Gardens! This exceptional property features six updated 2-bedroom, 1-bathroom single-story cottage-style units offering high privacy and strong rental appeal. The layout includes 4 standalone detached homes—each featuring its own private yard, attached 1-car garage, and in-unit laundry hookups—plus 2 additional attached units. All units enjoy private outdoor space, assigned parking, and access to a large rear yard area providing abundant guest parking. Separately metered for gas and electric (paid by tenants, who also maintain their yards). Landlord pays for water and trash, with individual water sub-meters installed for precise usage tracking. Fully occupied with stable, long-term tenants and conveniently located near major freeways and shopping centers, this turnkey property offers outstanding cash flow and huge upside potential!

5523 Gotham Avenue, Bell Gardens

$1,355,000

PW26205276 MLS ⋅ Active Status

4 UNITS IN PRIME DOWNTOWN LOCATION CONSISTING OF ALL 2 BEDROOM/ 1 BATHROOM UNITS. NEW ROOF PUT ON IN ~2022. SEPARATELY METERED FOR GAS AND ELECTRIC. 2 GARAGES IN FULLY GATED SECURED BACK OF BUILDING. BLOCKS TO THE BEACH, RESTAURANTS AND DOWNTOWN SHOPPING.

333 W 9th, Long Beach

$1,375,000

OC26209184 MLS ⋅ Active Status

328 West 8th Street is an 8-unit multifamily investment property located in Long Beach, California. 328 West 8th Street features an efficient unit mix consisting exclusively of studio apartments, with all 8 units having undergone extensive interior renovations. While finishes vary slightly by unit, the interiors generally feature vinyl plank flooring, shaker-style cabinetry, quartz countertops, subway tile backsplashes, stainless-steel appliances, range hoods, modern ceiling fans and updated paint. Bathrooms have also been modernized with tile flooring, updated showers and contemporary vanities. Seven of the eight units are equipped with in-unit washers and dryers. Ownership has invested more than $400,000 in capital improvements throughout the property, including substantial upgrades to both the interiors and exterior, resulting in a heavily modernized asset with significantly reduced near-term renovation requirements for a new owner. The property has been professionally managed and maintained, with electrical subpanels updated in 2024. The main electrical service is reported to be 200 amps, subject to buyer verification. From an operating standpoint, utilities are master-metered and currently paid by ownership, providing an opportunity for a future owner to implement a RUBS program and recover a portion of these expenses. Market underwriting assumes utility reimbursements of $50 per unit per month, creating an additional source of income while helping offset ownership’s utility costs. Located along a quiet, tree-lined residential street just blocks from Downtown Long Beach, 328 West 8th Street offers residents convenient access to shopping, dining, entertainment and everyday services. The property earns a Walk Score of 90, supporting a highly walkable lifestyle, while nearby access to the I-710 Freeway provides connectivity to employment centers throughout Long Beach and the surrounding region. With its renovated studio units, in-unit laundry in nearly every residence, completed electrical improvements and highly walkable Downtown-adjacent location, 328 West 8th Street offers a well-maintained multifamily asset with established improvements and an opportunity to enhance operating income through utility reimbursements.

328 W 8th Street, Long Beach

$3,350,000

BB26208306 MLS ⋅ Active Status

Chateau Chelsea is a mid-century modern pride of ownership 12-unit apartment building located in a very desirable North Hollywood/Toluca Lake location. Built in 1964 and featuring a controlled two-story glass entry, exposed front interior staircase w/wrought iron railings, and low maintenance yard, this building offers a variety of floorplans including two (2) studio/one bath units, eight (8) one bedroom/one bath units, and two (2) 2 bedroom/1 bath units. The building contains subterranean parking with 12 parking spaces, small storage lockers, two washers and dryers, and a patio area at the rear. Highly visible and situated on the south side of Camarillo Street just west of Cahuenga Boulevard, residents benefit from its close proximity to dining and retail shops in Toluca Lake, the NoHo Arts District, as well as convenient 101 and 170 Freeway access.

10816 Camarillo, North Hollywood

$2,000,000

CV26208814 MLS ⋅ Active Status

Excellent investment opportunity in desirable Monrovia! This well-located 5-unit apartment complex offers strong income potential in a highly sought-after San Gabriel Valley community. The property provides an excellent opportunity for investors looking to expand their portfolio with a multifamily asset in an established residential area. Conveniently located near shopping, dining, transportation, and all that Monrovia has to offer.

231 E Maple, Monrovia

$3,100,000

PW26208894 MLS ⋅ Active Status

We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2,256 against market rents of $3,008 — about 33% of upside — taking the property from a 4.23% cap rate to 6.91% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.

4126 Elm Ave, Long Beach

$2,700,000

SR26208085 MLS ⋅ Active Status

Exceptional multifamily investment opportunity in Pasadena! This 10-unit apartment property offers an impressive unit mix consisting of five 2-bedroom/1-bath units and five spacious 4-bedroom/2-bath units, providing a total of 30 bedrooms across the property. Each unit also includes two dedicated covered parking spaces, providing a total of 20 covered parking spaces—an outstanding amenity for a multifamily property. Built in 1961, the property encompasses approximately 16,302 square feet of building area on an approximately 13,883 square foot lot. The combination of generously sized units, substantial bedroom count, and ample covered parking makes this an attractive addition to an investor's portfolio. Located in Pasadena, the property offers convenient access to Old Pasadena, the Rose Bowl, shopping, dining, entertainment, transportation, and major employment centers throughout the San Gabriel Valley and Greater Los Angeles area. With 10 units, a desirable mix of larger floor plans, and two covered parking spaces per unit, 1095 N Raymond Ave presents a compelling opportunity to acquire a substantial income-producing multifamily asset in the Pasadena rental market. Buyer to independently verify all information, including square footage, lot size, unit mix, bedroom and bathroom counts, parking, rents, expenses, zoning, permits, and development potential.

1095 N Raymond, Pasadena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.