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$799,999
4 Beds 1 Baths 26662785 MLS Active Under Contract Status
Fell out of escrow - drastic price drop!! Wonderful craftsman - fixer - great for investors. Two story home with room upstairs that can be used as a family room or extra bedroom. Large backyard with great potential for adding ADU with direct alley access. Being sold "As Is." Property is located in HPOZ (Historic Preservation Overlay Zone). Please contact the City of Los Angeles for information about renovating the property. Tenant occupied - Please do disturb tenants. The sellers will not evict the tenant - that will be left to the buyer BUT the sellers will split relocation costs with buyer. This property is not for those seeking a "quick" flip. The seller will not entertain any offers unless potential buyer has seen the property WITH their contractor.

3640 2nd Avenue, Los Angeles

$1,500,000
11 Beds 18 Baths 26662365 MLS Active Status
We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.11 GRM and a 6.45% CAP on actual rents. Offered at a very low price per unit of $83,333 and at $130 per square foot on the building, this mixed-use property consists of a single, three-story brick building totaling 11,550 rentable square feet. Built in 1928, the property is situated on an 4,436 square foot LAC2 zoned corner lot with street access on two sides plus alley access.The unit mix features (2) two-bedroom one-bathroom units, seven (7) one-bedroom one-bathroom units, (7) seven Studios and two (2) ground level commercial units. THREE UNITS will be delivered VACANT which consist of a one-bedroom unit, a two-bedroom unit and a commercial unit. Located on the corner of W 59th Pl and Broadway, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles and neighboring communities such as Crenshaw, Inglewood, Lennox, Gardena, Huntington Park and South Gate. Contact the listing broker for additional information.

5929 S Broadway, Los Angeles

$895,000
1 Beds 3 Baths PV26044892 MLS Active Status
Historic Highland Park Opportunity – Flexible Use Potential. Located in the heart of vibrant Highland Park, 6035 Mesa Ave presents a rare opportunity to reimagine a property with deep roots in Los Angeles history. Zoned LARD2. Public records indicate the structure was originally built in 1895 as a single-family residence and is currently being used as a church. The property now offers a unique canvas for its next chapter — whether continuing its current use, restoring it back to a residential home, or exploring redevelopment possibilities. The structure requires improvements and is being offered as-is, making it ideal for an owner-user, investor, or developer with vision. Situated on a residential street just moments from York Blvd (~0.6 miles) and the vibrant Figueroa corridor (~1 mile), you’ll enjoy close proximity to Highland Park’s popular dining, shopping, and cultural destinations. Occidental College is approximately 1.2 miles away, with easy access to Eagle Rock, Pasadena, and Downtown Los Angeles. With a generous lot and a location in one of Northeast LA’s most dynamic neighborhoods, the potential here ranges from restoration to reimagining. Buyer to verify all zoning, usage, historic status, redevelopment, and conversion possibilities with the City of Los Angeles.

6035 Mesa, Los Angeles

$465,000
1 Beds 1 Baths 26654769 MLS Active Status
Step into this beautifully renovated 1-bed, 1-bath residence that blends modern style with exceptional natural light. The spacious living room is bathed in sunlight all day long thanks to large, oversized windows perfect for relaxing, entertaining, or working from home. Every detail has been thoughtfully updated with custom finishes that elevate the space, from sleek surfaces to contemporary touches throughout. This unit stands out as the only one in the entire complex with its own washer and dryer, offering rare convenience and added comfort. Whether you're enjoying the airy living space, cooking in the upgraded kitchen, or unwinding in the serene bedroom, this home feels light, open, and welcoming.

5641 Clemson Street, Los Angeles

$2,649,000
3 Beds 3 Baths 26656905 MLS Active Status
Experience the pinnacle of modern luxury in this brand-new, three-level architectural masterpiece, meticulously designed to harmonize sculptural form with high-performance function in a coveted hilltop setting. Anchored by a striking facade of Vale-engineered cedar and Porcelanosa tile, the residence opens into a luminous, open-concept interior featuring Italian oak floors, soaring ceilings, and a floor-to-ceiling travertine wall with a dual-sided European Home Element gas fireplace. The chef's kitchen is a culinary triumph, boasting a Bosch Benchmark appliance suite, induction cooktop, and porcelain countertops centered around a generous island. Effortless indoor-outdoor flow is achieved through European-imported windows and collapsible glass doors that lead to breathtaking canyon views. The primary retreat offers a chevron-timbered ceiling and a spa-inspired ensuite with a Whirlpool soaking tub and Italian tilework, while additional ensuite bedrooms and a versatile lower-level laundry studio provide ample space and direct access to a private hillside sanctuary. Assigned to Mount Washington Elementary School 9/10 rating from Great Schools Org

4209 Sea View Lane, Los Angeles

$250,000
1 Baths GD26039166 MLS Active Under Contract Status
Welcome to this beautifully remodeled studio located on the top floor of a classic historic building, blending vintage charm with modern comfort. The unit features soaring 9-foot ceilings, an open floor plan, original hardwood floors and doors, crown moldings, an Art Deco ceiling, and a separate vanity area. A generously sized closet provides ample storage. The private kitchen offers ample cabinetry, hanging shelves, and a cozy eating area. Enjoy a pleasant view of the courtyard from the living space. The bathroom includes a relaxing soaking tub. Residents benefit from a secure courtyard entrance, elevator access, multiple staircases, and a seismically retrofitted building for added peace of mind. The unbeatable location is just three blocks from the Westlake/MacArthur Park Metro Red Line, with easy access to Downtown LA, LA Live, Crypto.com Arena (formerly Staples Center), FIDM, Loyola Law School, and USC (approximately 1.5 miles away). The HOA covers all utilities except cable and includes community laundry. Exceptional amenities feature a library, piano, billiard and ping-pong tables, bike racks, and an exercise room. There is no on-site parking; however, convenient third-party parking is available nearby, with the closest lot just 900 feet away at 942 S. Alvarado St. Short-term rentals (Airbnb) are not permitted. Don’t miss this rare opportunity to own a piece of Los Angeles history. Additionally, the building has no balconies, which is an advantage for financed buyers, as it avoids SB 326 inspection requirements and potential related lending concerns.

2121 James M Wood Unit 412, Los Angeles

$3,150,000
SR26039501 MLS Active Status
Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements. • Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive rent of $5.28 per square foot, justifying the property's valuation through proven rental demand for smaller, affordable living spaces. • Immediate Financial Performance and High Returns: At an asking price of $3,150,000, the property offers a current CAP rate of 6.25% and a 4.04% Cash-on-Cash return, with substantial mark-to-market upside as legacy leases are brought to the property’s own recently-achieved renovated rents. • Substantial Built-In Revenue Upside: There is significant potential for growth, with the pro forma CAP rate projected at 7.74% and a Cash-on-Cash return of 9.02%. Financial projections show that monthly income can grow from the current $34,290 to a market rate of $38,337, representing an approximately 12% revenue increase as legacy leases are marked to market. • Strategic Location in Historic South Central Hub: Located at 440 E 27th Street, the property is nestled in a thriving rental hub near the University of Southern California (USC) and major transit routes like the Expo Line. The neighborhood is experiencing active revitalization and sits within a demographic area projected to have an average household income of $81,857 within a 3-mile radius by 2026.

440 E 27th, Los Angeles

$3,600,000
13 Beds 26 Baths 26653873 MLS Active Status
RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.

2108 Maple Avenue, Los Angeles

$1,850,000
16 Baths 26653611 MLS Active Status
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

2327 S Budlong Avenue, Los Angeles

$945,000
PW26035852 MLS Active Status
TWO VACANT UNITS!, in Los Angeles’ historic Lincoln Heights with upside and immediate cash-flow potential. The property is located in a vibrant, high-demand area with convenient access to the city center, transit, and major freeways, and is centrally positioned near Downtown, Highland Park, Pasadena, and Dodger Stadium. This well-maintained triplex offers three separate units, each individually metered for water, electricity, and gas, along with private outdoor patio space. The property currently offers two vacant units: a 2-bedroom, 1-bath middle unit and a 3-bedroom, 1-bath top unit, creating flexibility for owner-users or investors seeking market rents. The additional 3-bedroom, 2-bath unit is tenant occupied. An excellent opportunity for both cash flow and long-term appreciation with a projected 8%+ pro forma cap rate. Buyer to verify all financial information and potential income.

2500 Lincoln Park Ave, Los Angeles

$775,000
SR26036983 MLS Active Status
Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s. This duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. A newly replaced roof adds long-term value and peace of mind, making this a smart investment. Whether you're looking to live in one unit and rent out the other, this property offers the flexibility to do both. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Surrounded by beautifully preserved architecture and lush communal spaces, this property is full of character and history. Schedule a showing today and experience the unique charm of Belmont Square!

217 Columbia Place, Los Angeles

$775,000
2 Beds 2 Baths SR26036942 MLS Active Status
Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s.These duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. A newly replaced roof adds long-term value and peace of mind, making this a smart investment. Whether you're looking to live in one unit and rent out the other, this property offers the flexibility to do both. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Surrounded by beautifully preserved architecture and lush communal spaces, this property is full of character and history. Schedule a showing today and experience the unique charm of Belmont Square!

217 Columbia Place, Los Angeles

$2,400,000
14 Beds 13 Baths 26647345 MLS Active Status
3126 S. Canfield Avenue presents a substantial multifamily investment opportunity located in the upscale Castle Heights pocket of Palms. This impressive eight-unit complex, constructed in 1967, spans approximately 7,321 square feet of living area on an oversized 8,005-square-foot lot. The property features an exceptionally strong unit mix, including several expansive three-bedroom and two-bedroom floor plans that cater to the high-earning professional demographic and families drawn to the prestigious Hamilton High School. The location offers a unique "secluded but central" appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the "Screenland" lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property's proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills. Lifestyle amenities in the area further enhance the property's desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City's sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe's and Whole Foods. For the strategic investor, 3126 S. Canfield Ave. offers a rare combination of significant scale, a prime location at the doorstep of the region's most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio.

3126 S Canfield Avenue, Los Angeles

$2,250,000
10 Beds 21 Baths 26647417 MLS Active Status
3610 Westwood Blvd. presents a premier multifamily investment opportunity situated at a strategic corner location within the highly desirable Palms neighborhood. This substantial complex, constructed in 1962, spans approximately 6,270 square feet of living area on an oversized 7,933 square foot lot at the intersection of Westwood Boulevard and Charnock Rd. Surrounded by a stable blend of residential housing and light commercial activity, the asset is perfectly positioned to capture demand from the high-earning professional demographic seeking proximity to the nearby employment hubs of Culver City and West Los Angeles. The location offers a unique "secluded but central" appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the "Screenland" lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property's proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills. Lifestyle amenities in the area further enhance the property's desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City's sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe's and Whole Foods. For the strategic investor, 3610 Westwood Blvd. offers a rare combination of significant scale, a prime location at the doorstep of the region's most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio.

3610 Westwood Boulevard, Los Angeles

$625,000
2 Beds 1 Baths 26647721 MLS Active Status
Incredible Airbnb investment opportunity in the heart of DTLA! Situated in DTLA's Historic Theatre District beside the Ace Hotel, this fully renovated 2-bedroom, 1-bath condominium combines industrial-chic design with preserved architectural charm. Spanning over 1,220 sqft, the open layout features 11-ft ceilings, porcelain tile floors, and original windows that bathe the space in natural light. Modern upgrades include a Nest thermostat, remote-controlled blackout blinds, and a custom master closet. The kitchen boasts quartz countertops, stainless steel appliances, and ample storage, blending style with functionality. Residents enjoy premium amenities such as a rooftop pool/spa with sweeping city views, cabanas, a gym, and in-unit laundry. The building supports residential, rental, Airbnb, and live/work options, with 24-hour security for added peace of mind. Steps from the Apple flagship store, Whole Foods, and renowned dining, this home offers the perfect balance of historic character, modern luxury, and unbeatable convenience in the heart of Los Angeles. Photos 2-8 are Virtually Staged.

939 S Broadway Unit 1006, Los Angeles

$279,900
1 Baths GD26010858 MLS Active Status
Welcome to this beautifully remodeled studio located on the second floor of a classic historic building, blending vintage charm with modern comfort. The unit features soaring 9-foot ceilings, an open floor plan, and original hardwood floors throughout. The updated kitchen offers custom cabinetry, hanging open shelves, and elegant marble countertops—perfect for both everyday living and entertaining. A cozy sleeping alcove in the living area, along with a generously sized closet, provides smart use of space. The bathroom includes a soaking tub, and the unit enjoys a quiet alley view for added privacy. Residents benefit from a secured courtyard entrance, elevator access, multiple staircases, and a seismically retrofitted building for peace of mind. Unbeatable location just three blocks from the Westlake/MacArthur Park Metro Red Line, with easy access to Downtown LA, LA Live, Crypto.com Arena (Staples Center), FIDM, Loyola Law School, and USC (approx. 1.5 miles). The HOA covers all utilities except cable, plus community laundry and exceptional amenities including a library, piano, billiard and ping-pong tables, bike racks, and an exercise room. No on-site parking, but convenient third-party parking is available nearby, with the closest lot just 900 feet away at 942 S. Alvarado St. No Airbnb allowed. Ideal for a first-time buyer or urban dweller seeking character, convenience, and value. Don’t miss this rare opportunity to own a piece of Los Angeles history!The building has no balconies, offering an advantage for financed buyers by avoiding SB 326 inspection requirements and related lending concerns.

2121 James M Wood Boulevard Unit 205, Los Angeles

$1,775,000
12 Beds 6 Baths 26644131 MLS Active Status
1508 W. Florence Avenue is a well-maintained six-unit multifamily investment property constructed in 1990. Importantly, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) due to its year of construction; however, it is subject to California's AB 1482 (Tenant Protection Act), providing investors with a more favorable regulatory framework than older, fully rent-controlled assets. The asset features a diverse and desirable unit mix consisting of two (2) one-bedroom/one-bath units, two (2) two-bedroom/one-bath units, and two (2) three-bedroom/one-bath units, totaling approximately 4,940 rentable square feet on a 5,902-square-foot lot. This balanced mix attracts a broad tenant base and helps mitigate vacancy risk. The property offers ample on-site gated parking and a secured gated entry, amenities that are increasingly important to tenants and supportive of strong occupancy. The central Florence Avenue location provides convenient access to major transportation corridors, employment centers, and neighborhood retail, with proximity to Inglewood, Downtown Los Angeles, and LAX.1508 W. Florence Avenue represents a durable, income-oriented investment offering regulatory flexibility, tenant appeal, and long-term appreciation potential in a core Los Angeles rental corridor.

1508 W Florence Avenue, Los Angeles

$2,200,000
12 Baths 26643727 MLS Active Status
406 S Coronado St | 13-Unit Value-Add Multifamily in Westlake, Los Angeles. Built in 1922 on a 7,732 SF LAR4 lot with 6,250 SF of improvements, this renovated asset features a desirable unit mix of (12) studio + den units and (1) studio. The property offers immediate income upside through lease-up of one vacant unit and mark-to-market rent growth, with average in-place rents approximately 17% below market. Zoned LAR4 with potential to build up to 8 ADUs under AB1211, providing long-term density and income expansion. Offered at $2,200,000 ($169,231/unit | $352/SF) with a 7.04% in-place cap rate and 8.63% pro forma cap rate, further enhanced by 3.85% assumable financing, laundry, RUBS, and ancillary income.

406 S Coronado Street, Los Angeles

$859,000
4 Beds 4 Baths 26643661 MLS Active Status
MOTIVATED SELLER!!! Welcome to a fantastic investment opportunity in the vibrant Pico/Union area Fourplex with a 6% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.

1137 S Union Avenue, Los Angeles

$690,000
3 Beds 3 Baths 26634921 MLS Active Status
Perfect starter property with permitted ADU for great cash flow. 1414 W. 54th Street is an amazing investment opportunity just south of USC and DTLA, with easy access to the 110 freeway. The fully gated property is comprised of 2 buildings, the main house is a 2 Bed/2Bath (owner occupied) with beautiful wood floors, granite countertops and refreshed bathrooms. Detached is a permitted ADU studio (currently bringing in $3,000-$3,500 per month) featuring a beautiful subway tile kitchen with butcher block countertops, subway tile bathroom with a clawfoot tub & shower combo, and a front grass area ideal for lounging. There is also a detached garage (3rd structure) with laundry room that can be turned into a Jr. ADU, if new owner wishes to add to the property.

1414 W 54th Street, Los Angeles

$420,000
1 Beds 1 Baths SR25279372 MLS Active Status
Welcome to this stunning high ceiling loft on the ninth floor of the iconic building at 312 W 5th St, located in the heart of Downtown Los Angeles’ Historic Core. This light filled residence features soaring ceilings, an open floor plan, a recently remodeled kitchen with all appliances included, and expansive city views that capture the true essence of urban living. The loft includes air conditioning and a spacious layout ideal for both comfortable living and entertaining. The building is Airbnb and short term rental friendly, making this unit a strong income generating opportunity for investors seeking flexible use and cash flow potential. Residents enjoy resort style amenities including a rooftop pool and spa, lounge areas, fitness center, 24 hour security, and concierge services. The rooftop offers breathtaking 360 degree panoramic views of the Downtown Los Angeles skyline. Perfectly situated near Little Tokyo, the Arts District, and the Toy District, with easy access to the 10, 110, and 101 freeways. Enjoy close proximity to the Downtown farmers market, Disney Concert Hall, LA Live, and Crypto.com Arena, along with an array of dining, shopping, and cultural attractions. This loft presents an excellent opportunity for owner occupants or investors seeking a prime Downtown Los Angeles property with strong appeal, flexibility, and income potential.

312 W 5th Unit 907, Los Angeles

$845,000
3 Beds 2 Baths 25628705 MLS Active Status
Completely vacant fixer located within the Koreatown area of Los Angeles. This single-family residence offers 3 bedrooms and 2 bathrooms, including a primary bedroom with an ensuite bath and a Jack-and-Jill bathroom serving the remaining two bedrooms. The home includes a separate dining room and an enclosed back porch providing additional flexible space. Exterior amenities include outdoor laundry, a detached garage, an additional shed, and a rear garden area. Situated on a 5,906 SF lot and zoned LAR4 with TOC Tier 3, the property presents strong value-add or redevelopment potential with 14 units by right and 24 units with TOC incentives, plus additional ADU units (Buyer to verify). Perfect for a buyer with a vision looking to build their dream home, or for investors seeking to renovate or redevelop. Property is being sold as-is, where-is condition.

1025 S Kenmore Avenue, Los Angeles

$1,375,000
4 Beds 17 Baths 25620269 MLS Active Status
We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 9.73% CAP and 5.24 GRM on current rents with upside to operate at a 14.80% CAP and a 4.20 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of four one-bedroom units and thirteen studio units with five studio units that will be delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuela, Bestia, De La Nonna and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Arts District Co-op, Buru and Le Labo. Contact the listing broker for additional information.

553 Stanford 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.