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$1,200,000
2 Beds 2 Baths P1-28878 MLS Active Status
A rare opportunity! A hilltop hideaway transformed into the ultimate artist retreat. Part Swiss Family Robinson Tree House, part mid-century modern dream -- this is the NELA sanctuary you didn't know existed. Perched above Glassell Park with sweeping views, a generous lot, and a detached recording studio that's equal parts home office and creative escape. Open, light-filled interiors with soaring ceilings, abundant windows, and warm wood floors. The updated cook's kitchen is terrific for entertaining. The hillside funicular makes transporting groceries and other cargo a breeze. A separate laundry room that is pretty enough for guests. Outdoor spaces with so much to discover. Room for a vegetable garden, room to grow and play, and easy access to Eagle Rock, Highland Park, and all your favorite spots. Come see it -- you'll want to stay.

2537 Crestmoore Place, Los Angeles

$1,650,000
1 Beds 6 Baths 26989457 MLS Active Status
1304 Pacific Avenue represents a rare opportunity to acquire a largely untouched, 7-unit value-add multifamily property in one of the most desirable beachfront pockets of Venice, California. Situated on an approximately 8,400-square-foot parcel just one block from the sand, the property offers new ownership a true blank canvas to execute a comprehensive interior and exterior renovation program and reposition the asset for the modern Westside renter. in 1926, the two-story building totals approximately 3,802 gross square feet and features a well-balanced unit mix of one studio, four one-bedroom units, and two two-bedroom, one-bathroom units. Construction consists of a concrete foundation, wood framing, stucco exterior, and a flat roof, with individual wall-unit HVAC and copper plumbing throughout (buyer to verify). On-site laundry is available via one washer and one dryer, though the property does not offer dedicated parking. With limited prior renovations, the building remains largely original, providing investors with the opportunity to deliver a differentiated, cohesively renovated product into a submarket defined by a limited supply of updated rental housing. In-place rents currently reflect approximately 17% to 20% loss-to-lease, translating to significant embedded upside even before accounting for the additional premiums achievable through a well-executed renovation program. Current occupancy stands at roughly 86%, with one vacant studio unit offering an immediate opportunity to push rents to market on turnover. Beyond its value-add fundamentals, the property benefits from an exceptional, highly walkable coastal location. Residents enjoy immediate proximity to the Venice Beach boardwalk, along with convenient access to Abbot Kinney Boulevard, Rose Avenue, and the broader retail, dining, and entertainment amenities that define the neighborhood's bohemian character. The surrounding submarket has seen limited new housing supply for decades, a dynamic that has historically supported strong rental rate growth and sustained demand from a renter base drawn to the area's lifestyle and scarcity of inventory. The location also places the property within the broader "Silicon Beach" corridor stretching from Santa Monica through Playa del Rey, home to a dense concentration of major technology, entertainment, and media employers including Google, Snapchat, YouTube, Facebook, and TikTok, among many others. This employment base has fueled an influx of affluent renters seeking housing near the coast, further reinforcing long-term demand fundamentals for well-located, renovated multifamily product in Venice. Altogether, 1304 Pacific Avenue offers investors a compelling combination of irreplaceable coastal location, meaningful embedded rental upside, and a genuine value-add opportunity in one of the Westside's most supply-constrained and enduringly desirable rental markets.

1304 Pacific Avenue, Los Angeles

$625,000
3 Beds 2 Baths 26989187 MLS Active Status
Welcome to this beautifully renovated 3-bedroom, 2-bathroom home in vibrant East Los Angeles. Situated in an elevated location, this residence offers a pleasant outlook toward San Pedro and the surrounding area while providing convenient access to all that Los Angeles has to offer. Thoughtfully updated throughout, the home combines modern style, comfort, and functionality. Recent improvements include new electrical wiring and plumbing throughout, fresh interior and exterior paint, energy-efficient LED lighting, and brand-new windows and doors that enhance the home's appearance, efficiency, and security. The heart of the home is the newly redesigned kitchen, featuring contemporary finishes and high-end appliances, creating a stylish and functional space for everyday living and entertaining. Both bathrooms have been completely remodeled with modern finishes and a clean, inviting design. A spacious basement adds valuable flexibility and offers a variety of possibilities, whether used for additional storage, a home office, gym, recreation area, or future living space. With extensive updates, modern finishes, versatile living space, and a convenient East Los Angeles location, this move-in-ready home is an excellent opportunity for those seeking a thoughtfully renovated property with room to make it their own.

822 N Gage Avenue, Los Angeles

$1,375,000
11 Beds 7 Baths 26988863 MLS Active Status
Perfect OWNER/USER RARE opportunity in Boyle Heights -- HUGE 3bed+2bath UPDATED beautiful apartment will be delivered VACANT for IMMEDIATE OWNER OCCUPANCY / OR - New owner can rent out the apartment to create Great cash flow !!! investment property a half block from Caesar Chavez Blvd restaurants and shops, minutes from downtown LA , Art district, the 6th st Viaduct /bridge and all major Freeways . This magnificent trophy property is located on a knoll with great views from every apartment. The owners have Completely redesigned and reimagined this grand two stories Fourplex throughout, Within the last five years. The front building has a 4bed+ 2 Bath upper unit and a 3bed+2bath lower unit will be delivered vacant at close of escrow. The rear building has a 2bed+2bath upper unit and a 2bed+1 bath lower unit. The property was extensively remodeled with new custom cabinets in kitchens and bathrooms, new laminated floors throughout, new designed bathrooms with new granite and quartz counter tops, newer tiling and newer fixtures, new paint , elaborated designer finishes, great attention to details, etc... No sign on the property. Do not disturb tenants, Call agent for more information. owner's unit can be shown to qualified buyers with 24hrs notice.

527 N Cummings Street, Los Angeles

$1,195,000
3 Beds 3 Baths 26877781 MLS Active Status
In the heart of Echo Park, shaded by a canopy of mature citrus trees and lush foliage, a vibrant tiled entrance welcomes you into the magical courtyard of 1633 Lemoyne Street. This charming Spanish home consists of two original buildings transformed into an expansive 3-bedroom, 2-and-a-half-bath hacienda-style retreat. Classic architectural details define the interior, where graceful arches frame entryways, alcoves, and built-ins throughout. Decorative tile accents bring character to the kitchen, framing a vintage Viking gas cooktop, while a large walk-in pantry and a custom soapstone island with seating and storage seamlessly blend utility with entertaining space. The primary bedroom features an ensuite bath, a walk-in closet, and a private balcony with backyard views. French doors on either side of a central brick and tile courtyard create an effortless indoor-outdoor flow, opening into the formal dining room on one side and a spacious family room with built-in bookshelves on the other. Two additional bedrooms and two dedicated offices offer ample room for remote work and creative projects. Outside, multiple tiered patios step down to a versatile backyard with immense potential for a custom outdoor oasis. Close to local favorites like Canyon Coffee, Valerie, and Cookbook, this home offers authentic character with a premier LA location.

1633 Lemoyne Street, Los Angeles

$499,000
3 Beds 1 Baths 26987141 MLS Active Status
Attention experienced investors! This 1908 Craftsman home hasn't been on the market in 60 years and is ready for its next chapter. Whether you're an investor, developer, or buyer with vision, this is a fixer upper that will provide you the opportunity to restore, reimagine, and create something truly special. The home is zoned R2-1 and offers 1291 sq ft of living space, including 3 bedrooms, 1 bathroom, decorative fire place, formal dining and living rooms, and an expansive back yard that is situated on a 7503 sq ft lot. Beneath its current condition lies an architectural gem that is ready to be revealed. A new roof was installed in 2022 along with the leased solar panels. It is nestled between Vermont Square and Exposition Park and minutes away from USC and Downtown L.A. This property is being sold AS-IS. All buyers must see the property prior to submitting an offer.

4108 Halldale Avenue, Los Angeles

$825,000
3 Beds 2 Baths 26986573 MLS Active Status
Positioned at the end of a long drive along a quiet residential street, just moments from the very best of Highland Park's York Boulevard, this 3-bedroom TIC offers the ideal marriage of private retreat and urban living. Constructed in 2023 as part of an intimate 4-unit community, with only one shared wall (a double wall with soundproof insulation), the unit offers thoughtfully designed finishes and modern practicality, allowing it to live like a single-family home. Exterior shutters and lanterns evoke the charm of character-rich homes, while soaring vaulted ceilings amplify the spaciousness of the open-concept main living areas, anchored by wide-plank flooring that adds warmth to the space. A private patio, adorned with flowering vines and fruit trees, provides a perfectly curated space for alfresco dinner parties or a quiet spot to enjoy the outdoors, framed by the picturesque backdrop of the San Gabriel Mountains. Glistening morning light fills the primary suite, complete with a full bath, walk-in closet & private patio access. Two additional well-scaled secondary rooms provide the flexibility of both guest rooms and a home office. Double-pane windows, ample storage, in-unit laundry, and central A/C & heat provide the modern comforts of today's living. A short jaunt to local favorites on both York Boulevard and Eagle Rock Boulevard includes local staples such as Queen's Raw Bar, Capri Club, Walt's, and Occidental College - offering a serene walk through mature, native Oak Trees. A self-managed HOA with low monthly dues (187.61/Month), which includes water, homeowners insurance, a common-area gardener (with an option for private patio maintenance), and a finance manager. Offering comfort, style & privacy, this unit sits as one of the best opportunities to enjoy the best of Northeast LA living.

1428 N Avenue 46, Los Angeles

$1,299,000
2 Beds 2 Baths 26970055 MLS Active Status
Thoughtfully updated and move-in ready, this inviting Westside home offers 2 bedrooms, 2 bathrooms, and a dedicated office on a 4,662 SF lot. The well-designed layout is comfortable and functional for everyday living, with generous windows filling the interiors with natural light. The redesigned kitchen connects seamlessly to the dining area and backyard, creating an easy flow between the living spaces and outdoors.An expansive deck, generous lawn, and storage shed create a functional and inviting outdoor space with ample room for dining and entertaining. Ideally located near Westside Village, Downtown Culver City, the Metro, and an array of shops, restaurants, and everyday amenities, this updated home combines thoughtful renovations with the convenience of one of the Westside's most connected locations. Offer Deadline is Monday, September 21st at 12P.

3608 Greenfield Avenue, Los Angeles

$925,000
10 Beds 5 Baths 26961201 MLS Active Status
We are pleased to present 125 E 104th St, a five-unit multifamily property in the Green Meadows neighborhood of South Los Angeles. The property features a classic fourplex paired with a 2022-built ADU, comprised entirely of spacious 2-bedroom, 1-bathroom units. Offered at $925,000, the property represents an attractive entry point at approximately $185,000 per unit. Priced at a 9.08% CAP rate and 7.61 GRM based on current income, the property offers strong in-place cash flow with meaningful upside potential. Current HACLA Voucher Payment Standards support a potential 11.15% CAP rate and 6.48 GRM as units are leased to voucher holders over time. New ownership has two potential paths to increased income. Rents can be moved toward market as units turn over, or units may be leased to Section 8 voucher holders at HACLA payment standards that frequently meet or exceed market rents in this submarket. With HACLA emerging from shortfall status, voucher issuance resuming, and approximately 2,700 emergency voucher households expected to transition into the regular program this fall, the timing presents an opportunity for future rental upside. At just $185,000 per unit, the property offers one of the lower per-unit bases for a comparable income-producing asset in the market. The uniform unit mix and modern 2022 ADU provide strong occupancy potential, straightforward management, and lower near-term maintenance requirements. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, potentially making it an attractive candidate for a cost segregation study to accelerate depreciation deductions in the early years of ownership. Located in South Los Angeles, the property is positioned within a dense, high-demand rental corridor anchored by major employers including Martin Luther King Jr. Community Hospital. The property also offers convenient access to the 110 Harbor Freeway, 105 and 710 Freeways, and the Metro A (Blue) Line, located approximately one mile away.

125 E 104th Street, Los Angeles

$699,000
2 Beds 1 Baths 26967963 MLS Active Status
On a street-to-street lot in Elysian Heights, this Craftsman bungalow captures the imagination with historic details and incredible views, an amazing opportunity to create your dream oasis in the hills. Nestled into a sea of green on a quiet cul-de-sac, the home is ready for a revival, but even now the charm and great bones are in full view, with beautiful Arts and Crafts built-ins, wood floors, an arched passthrough, and big windows looking out to the lush surroundings. Two bedrooms share a bath with a clawfoot tub; the sunny kitchen offers built-in cupboards, a pantry, and checkered flooring, plus an attached mudroom. Whether you want to restore or start fresh, the flat yard provides the perfect canvas for relaxation, gardening, and whatever else you envision. The location is unbeatable, putting you close to the hiking paths of Elysian Park, and just a short hop to Echo Park's favorites Valerie, Cookbook Market, Lady Byrd Cafe, and of course all things Sunset, with Whole Foods and the 2 freeway close by.

1627 Fargo Street, Los Angeles

$299,999
1 Beds 1 Baths 26984563 MLS Active Status
***Last remaining residence of the two offered at this price*** Welcome to Mosaika, 63 brand-new boutique residences in the heart of Koreatown, one of Los Angeles' most vibrant and walkable neighborhoods. Mosaika seamlessly blends contemporary sophistication with everyday functionality to create a lifestyle you'll love. Inside, you'll find expansive open floor plans, floor-to-ceiling windows, and hand-selected finishes that fill each home with natural light. Designer kitchens feature custom cabinetry and premium appliances, while spa-inspired bathrooms showcase sleek vanities and modern tile accents. Spacious living areas are ideal for both entertaining and relaxing, and select residences offer oversized balconies with breathtaking skyline views. Enjoy Mosaika's thoughtfully curated amenities, including a fully equipped fitness center and a rooftop lounge featuring outdoor kitchens, BBQs, comfortable seating areas, and sweeping panoramic views of the city. At Mosaika, style meets substance and location meets lifestyle, offering a truly exclusive living experience in one of Los Angeles' most dynamic cultural hubs. **Please note: This residence does not include an assigned parking space**

904 S New Hampshire Avenue Unit 303, Los Angeles

$299,999
1 Beds 1 Baths 26982485 MLS Active Status
***Last remaining residence of the two offered at this price*** Welcome to Mosaika, 63 brand-new boutique residences in the heart of Koreatown, one of Los Angeles' most vibrant and walkable neighborhoods. Mosaika seamlessly blends contemporary sophistication with everyday functionality to create a lifestyle you'll love. Inside, you'll find expansive open floor plans, floor-to-ceiling windows, and hand-selected finishes that fill each home with natural light. Designer kitchens feature custom cabinetry and premium appliances, while spa-inspired bathrooms showcase sleek vanities and modern tile accents. Spacious living areas are ideal for both entertaining and relaxing, and select residences offer oversized balconies with breathtaking skyline views. Enjoy Mosaika's thoughtfully curated amenities, including a fully equipped fitness center and a rooftop lounge featuring outdoor kitchens, BBQs, comfortable seating areas, and sweeping panoramic views of the city. At Mosaika, style meets substance and location meets lifestyle, offering a truly exclusive living experience in one of Los Angeles' most dynamic cultural hubs. **Please note: This residence does not include an assigned parking space**

904 S New Hampshire Avenue Unit 302, Los Angeles

$49,000,000
6 Beds 8 Baths 26906653 MLS Active Status
The greatest promontory in all of Los Angeles. Set on an extraordinary 12.2 acres along your own private street, with a long driveway and a huge, flat pad, 1 Electra Court commands explosive, unobstructed views stretching from Downtown Los Angeles and the Griffith Observatory all the way to the Pacific Ocean. Minutes from the Sunset Strip, this is a rare opportunity to create a world-class compound on a scale that simply does not exist in the Hollywood Hills. Plans call for an approximately 35,000-square-foot main residence designed by AUX Architecture, with Hill Construction bringing the vision to life. Architecture, acreage, privacy, and some of the most cinematic views in Los Angeles come together in one extraordinary setting. A true trophy estate in the making.

1 Electra Court, Los Angeles

$899,000
2 Beds 2 Baths SB26194500 MLS Active Status
Rare mixed-use opportunity in the Glassell Park/Mount Washington area of Northeast Los Angeles, combining neighborhood-serving commercial space and residential living within one distinctive property. The property features approximately 1,500 SF of street-facing commercial space, currently leased and operating as a neighborhood market, along with approximately 600 SF of residential space configured with 2 bedrooms and 1.5 bathrooms, also currently leased. With prominent street frontage, the commercial space offers flexibility for a variety of retail, office, studio, showroom, creative, or other permitted uses. The existing configuration provides current income from both the commercial and residential components while preserving long-term flexibility for continued investment or future owner-user use.

3337 Division Street, Los Angeles

$924,999
DW26193190 MLS Active Status
Striking Los Angeles duplex! Tucked behind secure gates in the vibrant Vermont Knolls community, this rare property features two fully independent homes—offering an incredible live-one, rent-one or dual-income opportunity with massive long-term upside. Unlike properties that just received a quick coat of paint, these residences are truly transformed. One home has been meticulously rehabbed from top to bottom, while the other is completely brand new. Both homes feature a bright, open 3-bedroom, 2-bathroom layout designed with modern wood-style flooring, recessed LED lighting, crisp neutral paint, and contemporary fixtures throughout. Each home enjoys complete autonomy and maximum privacy, equipped with its own energy-efficient split HVAC system, separate indoor laundry hookups, and a private gated driveway. The spacious kitchens are a chef's delight, offering sleek cabinetry, durable countertops, and ample space for a large dining setup. The bedrooms are generously sized with great closet space, paired beautifully with modern bathrooms featuring new tile work and stylish vanities. Outside, the massive concrete backyard is an absolute premium asset. It boasts highly desirable alley access and secure, multi-vehicle parking that can accommodate a fleet of cars, or recreational toys. It serves as a blank canvas perfect for large-scale outdoor hosting, weekend barbecues, or convenient extra storage. Positioned in an incredibly central, high-demand location, this property is just minutes from USC, local schools, shopping, and public transit. Enjoy immediate access to the I-110, making your daily commute to Downtown LA, Hollywood, and local Southern California beaches completely effortless. Whether you are an investor looking to maximize cash flow or a homeowner wanting a tenant to pay your mortgage, this turn-key property is a must-see!

817 W 79th, Los Angeles

$1,000,000
8 Beds 8 Baths 26969467 MLS Active Status
We are pleased to present 1433 E 61st Street, an 8 unit multifamily investment opportunity in South Los Angeles. The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957.The building is configured entirely as 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. The building consists of a two story, wood frame structure with gas and electricity separately metered by unit, allowing utility expenses to be passed through to tenants and simplifying ownership. The property offers 7 open parking spaces located at the rear of the building, a meaningful amenity for tenants and a point of differentiation in the submarket. Interior unit features include vinyl plank flooring in the living room, tile flooring in the kitchen, and a wall heater. Bathrooms have been improved with new tile surround at the tub and a new vanity, while kitchens remain in original condition, presenting a clear value add opportunity for a future ownership group. At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. With approximately 18.07% rental upside to market, an investor can achieve a pro forma cap rate of 9.93% and a 6.18 GRM through targeted renovation and lease up to market rents. This presents a rare opportunity to acquire a stabilized, income producing asset in South Los Angeles with straightforward value add potential through kitchen renovations and rent growth to market levels.

1433 E 61st Street, Los Angeles

$1,250,000
8 Beds 5 Baths 26932647 MLS Active Status
GREAT LOCATION IN KOREATOWN! Rare opportunity to own a well-maintained income-producing property with strong character and a solid cap rate in the heart of Los Angeles. This excellent 5-unit investment property features four very spacious 1-bedroom, 1-bathroom attached units (2 upstairs & 2 downstairs), plus a separate, detached 2-bedroom, 1-bathroom rear building that is perfect for an owner-user. The current seller has updated all units with beautiful tiled floors, separate gas/electric meters, a newer roof, and newer plumbing. Tenants pay for their own electricity and gas. Situated in proximity to Downtown LA, vibrant dining, shopping, and major transit. This is a straightforward standard sale opportunity to add a high-potential asset to your portfolio! PLEASE DO NOT DISTURB TENANTS.

1215 Fedora Street, Los Angeles

$1,550,000
10 Beds 10 Baths 26938421 MLS Active Status
Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% below market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated near USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, major retail corridors, and convenient access to the 110 Freeway, the location offers a deep and stable renter pool. This is a rare opportunity to acquire a well-maintained multifamily asset with proven operational improvements, rental upside, and long-term growth potential in one of Los Angeles' most active rental markets.

536 W 48th Street, Los Angeles

$620,000
2 Beds 2 Baths 26943079 MLS Active Status
**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, this tenant-occupied duplex offers 2 x (1-bedroom, 1-bathroom) units, with Downtown skyline views and additional monthly income from prominent billboard signage on the property. The billboard agreement is month-to-month, offering a new owner potential flexibility to renegotiate the terms or pursue removal of the signage should they wish. Just around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Natural Park with convenient access to green space, picnic areas, summer theatrical performances and a neighboring soccer field. The property is Zoned LACWC2(CW)U/3 and located within TOC Tier 3, the site may offer development, commercial, Live/work or business-front potential. An excellent opportunity for investors, developers or owner-users seeking income and long-term upside in a central Los Angeles location.

1249 W 2nd Street, Los Angeles

$825,000
4 Beds 2 Baths 26944363 MLS Active Status
Welcome to The Valley this previously remodeled 4-bedroom, 2-bathroom home in the heart of Granada Hills. Sets on approximately 8,027 sqft lot, with a 1,650 sqft residence featuring curb appeal with mature trees and low maintenance desert landscaping. The interior features an open-concept floor plan that is perfect for working from home, entertaining, or simply relaxing. The modern kitchen is a true highlight, with quartz countertops, and a center island that flows effortlessly into the Den, living room areas, complete with a cozy fireplace. The home boasts numerous upgrades, including sleek vinyl flooring, recessed lighting throughout, new doors and windows, sliding glass doors, as well as an upgraded electrical panel. Both bathrooms have been tastefully remodeled, offering a fresh, contemporary feel. The garage has been converted into a spacious workout room, but can easily be transformed into an ADU for additional rental income or repurposed back to a garage. The large backyard features fruit trees, offering a peaceful retreat, and to top it all off, the property includes solar panels for energy efficiency.

11026 Gerald Avenue, Los Angeles

$995,000
4 Beds 2 Baths 26923071 MLS Active Status
Charming 1928 English Cottage-style residence in the heart of Palms. This distinctive 4-bedroom, 2-bath home offers approximately 1,590 square feet of living space and an abundance of architectural character. The home's inviting exterior features steeply pitched gabled rooflines, arched windows, stone detailing, and a classic cottage faade that sets it apart from the surrounding neighborhood. Inside, a unique second-story loft provides the fourth bedroom and adds flexibility for a home office, creative space, or guest room. Situated in a highly convenient Westside location, the property offers easy access to Downtown Culver City, Century City, West Los Angeles, shopping, dining, entertainment, and the I-10 and I-405 freeways. A rare opportunity to own a character single-family residence in the desirable Palms neighborhood.

10420 Palms Boulevard, Los Angeles

$3,300,000
AR26191591 MLS Active Status
2ND Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.7% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

$3,000,000
SR26188226 MLS Active Status
Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to buyer verification and applicable city requirements. The property's location is another significant advantage. Situated with convenient access to Downtown Los Angeles, USC, the Los Angeles Convention Center, Metro rail, and the 110 Freeway, residents benefit from proximity to major employment centers, educational institutions, entertainment, sporting and convention venues, public transportation, and the many amenities of central Los Angeles. For investors, the combination of 20 units, separate enclosed kitchen rooms, separately metered utilities, extensive electrical and plumbing upgrades, complete re-roofing, newer water-heating equipment, security cameras, monitored fire protection, and additional basement space creates an appealing multifamily investment opportunity.

331 W 45th Street, Los Angeles

$3,995,000
20 Baths 26924643 MLS Active Status
Huge 500k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 9% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 11% Cap Rate after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.

1344 W 4th Street, Los Angeles

$1,379,000
3 Beds 3 Baths 26894755 MLS Active Status
Some houses just feel good the moment you walk in. Tucked away on a Mt. Washington street, this light-filled home is one of them, with vaulted ceilings, skylights, lovely hillside views, lush outdoor spaces, and the rare peace of mind that comes with a brand-new foundation. Inside, sunlight pours in, and the updated kitchen with its generous center island opens easily into the living spaces. Three bedrooms and three baths offer room to spread out, while the primary suite opens directly onto a beautifully landscaped terrace. Outside, the generous lot unfolds into spaces made for actually enjoying LA. Multiple patios invite long dinners, morning coffee, or doing absolutely nothing. There's a pergola, lush landscaping, raised garden beds ready for your tomatoes, and a separate artist's room... keep it creative or make it an office, yoga room, workshop, or whatever-you-need-more-space-for room. NELA favorites like Bub & Grandma's, Barra Santos, Wife and the Somm, and Dunsmoor are nearby, along with neighborhood shops, Elyria Canyon trails, and easy access to Highland Park, Glassell Park, and the rest of Northeast LA. A home with history, sunshine, views, room to breathe, and major improvements already behind you. Come see why this one feels different.

1155 Isabel Street, Los Angeles

$2,299,999
57 Beds 57 Baths 26913085 MLS Active Status
Welcome to 1020 N ARDMORE AVE, a fully entitled RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors and Builders, ready to pull permits and to start building. This SHOVEL READY 100% Affordable ED1 project features 57 units including a manager's office that can be converted into a unit, 40-1 bedroom, 17- studios across a Type V, four story, fully stacked designed which features all wood frame floors on an almost 9,000 square foot lot plus an alley that is SB8 exempt and currently a vacant land. This design has a significant savings in construction costs and time maximizing the most units with much lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of Los Angeles most vibrant and high demand area, the property located in Hollywood close to Sunset BLVD with a walk score of 87, close to restaurants, coffee shops and shopping centers. Due to its central location, the area is within top employment hubs and is minutes from Larchmont, Silverlake, Hollywood Walk of FAME, Paramount Studios, Melrose Hills and it is a highly desirable and attractive area that has other brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area, close to the Vermont/Sunset Metro Subway Station, making this very walkable and bike friendly. The stackable design features 25,292 square feet of building area with units ranging from approx 300-456 square feet. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 57 units would bring a monthly gross income of $123,044 and yearly gross income of $1,476,528, or a buyer can look into achieving higher rents with this property being located in Tier 5, Section 8 vouchers most recently updated voucher payment standards has amounts of $2,310 for 1 bd and $2,058 for Studios for this zip code (buyer to verify). Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area. Each unit is designed for maximum affordability and optimized rental income. This development presents a rare and immediate opportunity for developers to bring much-needed affordable housing to one of LA's most sought-after areas. BUYER TO VERIFY ALL!

1020 N Ardmore Avenue, 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.