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$4,088,888
43 Beds ⋅ 24 Baths ⋅ 26660709 MLS ⋅ Active Status
This offering presents an excellent opportunity to acquire a 24-unit apartment community located in the highly desirable Highland Park neighborhood of Los Angeles. Built in 1961, the property consists of approximately 19,828 square feet of improvements situated on a 29,724 square foot lot. The unit mix includes 5 one-bedroom / one-bath units, 18 two-bedroom / one-bath units, and 1 two-bedroom / two-bath unit, offering a strong configuration that supports long-term tenant demand.Residents benefit from the property's proximity to Downtown Los Angeles via the 110 Freeway and convenient access to the Metro Gold Line, connecting Highland Park to South Pasadena, Pasadena, and DTLA. The property is also located near the vibrant Figueroa Street retail corridor, providing tenants with easy access to Highland Park's popular restaurants, cafes, shops, and neighborhood amenities. Opportunities to acquire assets of this scale in Highland Park remain limited, as the neighborhood is largely built-out and new multifamily development remains constrained.

281 S Avenue 52, Los Angeles
$6,800,000
32 Beds ⋅ 24 Baths ⋅ 26650001 MLS ⋅ Active Status
We are pleased to present The Marq, a 24-unit multifamily investment opportunity located in the heart of Highland Park at 117 S Avenue 64, just south of York Boulevard and east of North Figueroa Street. Built in 1989, the property is exempt from the Los Angeles Rent Stabilization Ordinance, offering investors greater flexibility and income potential. The Marq features a highly desirable unit mix of 16 one-bedroom and eight two-bedroom apartments, with gated ground-level parking comprising 14 single spaces and 12 tandem spaces. This offering provides immediate strong in-place cash flow with a current 5.81% CAP rate and 10.33 GIM, and is priced attractively at $283,333 per unit. Most of the units have been extensively renovated and include modern finishes such as stainless steel appliances, quartz countertops, upgraded cabinetry, vinyl plank flooring, and central air conditioning. Second-floor units boast vaulted ceilings and private balconies, enhancing the tenant living experience. The secured-entry property also includes a community laundry room with two washers and two dryers. Positioned in one of Northeast Los Angeles' most vibrant and rapidly appreciating neighborhoods, The Marq benefits from strong rental demand and robust local demographics, with average household incomes around $125,000 and median home values exceeding $900,000 within a two-mile radius. The property offers easy access to Downtown Los Angeles, Pasadena, Glendale, Echo Park, and Silver Lake via the 110 Freeway and the nearby Metro Gold Line Highland Park Station. Residents enjoy close proximity to popular destinations including Highland Park Bowl, Kitchen Mouse, Civil Coffee, and a variety of local art galleries and boutiques, making The Marq a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a prime location.

117 S Avenue 64, Los Angeles
$1,499,999
6 Beds ⋅ 3 Baths ⋅ SR26025188 MLS ⋅ Active Status
Tucked away on a quiet cul-de-sac in the highly desirable Garvanza/Arroyo Estates, this charming 1950s Traditional 6-bedroom home offers a flexible layout ideal for multigenerational or large families. With multiple private entrances, spacious living areas, and versatile rooms perfect for extended family, guests, a home office, or gym, this home blends comfort, privacy, and functionality. Situated on an expansive 11,598 sq. ft. lot, a rare find in this sought-after neighborhood, the property offers plenty of outdoor space for entertaining, gardening, play areas, or future possibilities. Featuring hardwood floors, a spacious primary suite, individual thermostat controls, ample parking, fruit trees, and easy access to Pasadena, Highland Park, Eagle Rock, and Downtown Los Angeles, this rare property is designed for families who want to stay connected while enjoying their own space.

829 Cooper Ave, Los Angeles

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.