Mid Los Angeles (C16) Homes with None Parking features

Mid Los Angeles (C16) Homes with None Parking features

Welcome to the vibrant region of Mid Los Angeles (C16), a dynamic neighborhood that perfectly blends urban excitement with the charm of residential living. Nestled in the heart of Los Angeles County, this area is renowned for its diverse culture, eclectic dining options, and vibrant arts scene. With its rich history and a community that thrives on creativity, Mid Los Angeles offers an appealing lifestyle for residents and newcomers alike.

One of the unique aspects of homes in this region is the availability of properties with no parking features. While this may seem unconventional, it presents a fantastic opportunity for those who appreciate the convenience of city living. With a plethora of public transportation options, including buses and the Metro, residents can easily navigate the city without the need for a personal vehicle. This fosters a walkable lifestyle, allowing you to explore the local cafes, boutiques, and parks just steps from your front door.

Mid Los Angeles is also home to a variety of architectural styles, from classic bungalows to modern condos, each with its own character. The absence of parking can often translate into more spacious and thoughtfully designed interiors, perfect for those who prioritize style and comfort over traditional amenities.

Whether you’re an artist, a young professional, or a family seeking a lively community, Mid Los Angeles (C16) offers a unique blend of accessibility and charm. Discover your new home in this exciting neighborhood where the rhythm of city life meets the warmth of community spirit!

Newest Mid Los Angeles (C16) Homes with None Parking features

$4,150,000
20 Beds 19 Baths 26864749 MLS Active Status
We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity underpins consistently strong tenant demand, premium rents, faster lease-up, and durable long-term occupancy. The property totals approximately 8,344 gross square feet on an 11,770-square-foot lot. The front eight-bedroom, seven-bath residence was completely rebuilt in 2014 with new plumbing, electrical, HVAC, windows, recessed lighting, and modern systems throughout. Complementing it are four newly constructed three-bedroom, three-bath townhomes, each with contemporary finishes and in-unit laundry a low-maintenance asset with significant new-construction value. Offered at $4,150,000 approximately $497 per square foot and $207,500 per bed the property delivers a 7.09% cap rate and 10.29 gross rent multiplier on income that is already fully pre-leased for the 2026-2027 academic year. Annual in-place rental income of approximately $403,244 closely aligns with estimated market rents, giving ownership stable, predictable cash flow from day one without relying on future lease-up assumptions or value-add execution. USC remains one of Los Angeles' strongest and most resilient demand drivers, with roughly 65% of students living in privately owned off-campus housing due to limited university supply. Residents on this side of campus enjoy fast access to USC, USC Village, libraries, dining, fitness facilities, and everyday retail a durable renter base that has proven resilient through changing market conditions. Continued investment in enrollment and campus expansion is expected to further increase demand for quality off-campus housing, reinforcing long-term occupancy and rental growth. The substantial new-construction component also provides meaningful tax planning opportunities. Under current federal legislation restoring 100% bonus depreciation, buyers may utilize a cost segregation study to accelerate depreciation on qualifying components, potentially generating significant first-year deductions and enhancing after-tax returns.

2647 Ellendale Place, Los Angeles

$1,100,000
11 Beds 4 Baths 26855359 MLS Active Status
Excellent opportunity to acquire a cash-flowing four-plex in the high-demand Adams-Normandie neighborhood of Los Angeles. Situated on a 5,761-square-foot LAC2-zoned lot, this two-story asset offers significant upside potential through immediate rental repositioning and future redevelopment.The property features a strong unit mix consisting of three spacious 3-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, totaling approximately 3,280 square feet. One 3-bedroom unit will be delivered vacant at the close of escrow, making this an ideal opportunity for an owner-user looking to occupy a unit while generating income, or an investor aiming to immediately renovate and capture market rents. The remaining units are tenant-occupied, with interiors kept in clean, original, and fully operable condition.The property is exceptionally well-structured for an investor, featuring four separate water meters so that tenants pay for their own gas, electricity, water, sewer, trash, and laundry usage. Owner responsibilities are kept to a minimum, covering only common area electricity, water, and landscaping. Recent capital expenditures have enhanced the asset's curb appeal and reduced deferred maintenance, including a newly painted exterior, a recently resurfaced parking lot, and updated stairwell lighting. Secured within a gated perimeter, the building provides a dedicated off-street parking lot for tenants and an on-site laundry room operated by "Wash." Positioned in a prime, highly accessible commuter pocket near USC, Downtown LA, and Koreatown, the location offers quick access to the Expo Metro line and the 10 and 110 freeways. Furthermore, the large lot and favorable LAC2 zoning provide an attractive long-term redevelopment play by utilizing local density incentives, though buyers are advised to verify all potential. Buyer and buyer's agent to conduct their own due diligence, investigations, and inspections regarding all aspects of the property to their full satisfaction.

2946 S Western Avenue, Los Angeles

$1,625,000
10 Beds 6 Baths 26665641 MLS Active Status
2822-2824 S. La Salle Ave presents a rare opportunity to acquire a fully occupied, income-producing four-unit property in a centrally located South Los Angeles neighborhood near USC, Exposition Park, Downtown LA, and major transit corridors. Currently operating at 100% occupancy, the property offers strong in-place income of approximately $8,500 per month and an estimated NOI of approximately $96,832 based on current operations, equating to an approximate 5.4% cap rate for a self-managed owner. Set on an approximately 6,315 sq. ft. lot, the property combines stable day-one cash flow with meaningful long-term upside potential. The unit mix includes spacious 2- and 3-bedroom residences, all of which are well maintained, with two units having been updated in recent years. The property has benefited from consistent collections and long-term tenancy, supporting operational stability and tenant retention. From an investment perspective, the asset offers both immediate income and future optionality. Current ownership operates with an efficient expense structure, and investors may have the opportunity to further optimize performance over time. Additionally, California's evolving ADU regulations continue to create opportunities for additional units on multifamily properties, subject to city approval and site-specific feasibility. Buyer to verify all zoning, use, density, ADU potential, and development possibilities. The property's central location within a growing rental corridor near major employment hubs, universities, public transportation, and ongoing neighborhood investment positions it to benefit from sustained demand. A well-located, stabilized asset delivering strong current income with the potential for future growth and operational upside in one of Los Angeles' most dynamic rental markets. For investors seeking a well-performing asset in a high-demand Los Angeles corridor, this offering delivers both stability and potential. Inquire for details and availability.

2822 S La Salle Avenue, Los Angeles

Start Your Search

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.