Los Angeles CA Real Estate & Commercial for Sale

5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over $60,000 in recent capital improvements. Some of the recent improvements included upgrading trash bins to city dumpsters, new eco-friendly irrigation, exterior paint, partial roof replacement, concrete work & individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 6 units and 4,092 square feet of living area in total. The property features (6) 2 bed / 1 bath units and offers savvy investors the opportunity to capitalize on over 100% upside in the current rents. Offered at a competitive basis, this property is nestled in one of the fastest growing neighborhoods Los Angeles has to offer.

Look no more! We are proud to present this charming 6-unit apartment building, which includes a Single-Family House in front and 5 apartments in the rear. This Highland Park complex presents a lucrative value-add investment opportunity in a prime location. The property has a desirable layout that contributes to ease of management and operational efficiency, making the property a great addition to first time investors or seasoned owners adding to the portfolio. The SFR in the front is 2 bed / 1 bath, and all the units in the back building are 1 bed / 1 bath. This asset is individually metered for gas / electricity and has individual water heaters in each unit. This Value-Add property has 40% upside in rents, and Highland Park has seen significant growth over the last 10 years and shows no sign of slowing down! This market attracts a diverse demographic, including young professionals, families, and students, ensuring consistent demand for rental units. The property offers a commuter friendly location with a short distance to the 110 fwy and close to the Highland Park & South Pasadena Metro Gold line stop. Property was built in 1940 & 1961.

The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This property showcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two 1,000-square-foot commercial shops and a 1-bedroom house. Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, a vacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with special financing options, including owner carry with a 30% for 5 years at 5.5% interest only. Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageous proximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retail and 1BR residential purposes. Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originally constructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-ten

We are pleased to present the opportunity to acquire York Plaza in the highly coveted Los Angeles neighborhood of Highland Park. This offering includes a 100% occupied retail strip center built in 1989 with a foot print of approximately 7,481 SF, sitting on a 15,059 SF lot with 157' (+/-) of frontage on Figueroa. York Plaza offers an investor the rare opportunity to acquire a stabilized retail strip center with a diverse NNN tenant mix anchored by Wingstop in the highly sought after Highland Park neighborhood. The property has been professional managed and has seen improvements such as a new roof, nearly all AC units have been replaced, exterior paint, landscaping, and sealed parking lot. This well-located retail strip center offers an investor a very special opportunity to secure an asset with strong metrics, NNN leases, and 100% occupancy in the high demand and growth submarket of Highland Park. Nestled northeast of Downtown L.A., Highland Park has transformed swiftly from working-class businesses to trendy hotspots, yet retains its status as one of the city's oldest and most eclectic neighborhoods. Home to notable figures like Marc Maron and Billie Eilish, Highland Park boasts beloved restaurants and cultural spots, offering a unique vibe. Located just up the 110 from Dow

Huge 550k Price Reduction! These 22 apartment units are an incredible investment opportunity cash flowing at a remarkable Current Cap Rate of 6% and 12 GRM from day one. Priced attractively at only $293k/door for fully renovated units, this property offers a significant upside potential to achieve an impressive 8% Cap Rate and 9.5 GRM on the proforma. This is a rare and excellent opportunity to acquire a turnkey apartment building with value-add potential in one of LA's hottest neighborhoods, Highland Park. The property features 12 fully renovated units with permits consisting of 8 units and 4 brand-new attached ADUs. Additionally, the parking soft-story retrofit has already been completed and all units are individually metered for gas and electricity, ensuring maximum efficiency in operation costs. The property features a diverse unit mix of 2 (2 bed/2 bath), 2 (2 bed/1 bath), and 18 (1 bed/1 bath) units. 13 units have been completely renovated with permits (1 vacant) and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Notably, there are Preliminary Plans for 2 additional Detached ADUs over the open parking lot in the back that offer exceptional future ups

We are proud to present the opportunity to purchase 500 Chestnut Avenue, a 20-unit multifamily community in the Highland Park submarket of Los Angeles County. 500 Chestnut Avenue is located in the Northeast region of Los Angeles County, adjacent to popular affluent neighborhoods like South Pasadena, Pasadena, and Glendale. Highland Park is one of LAs fastest growing rental markets and highly sought after by young professionals and creatives. The property enjoys immediate access to the 110 freeway connecting to freeways 210, 10, 5, and 101 allowing convenient commutes to DTLA, San Fernando Valley, and San Gabriel Valley. Nearby attractions include The Rose Bowl, Huntington Library, Pasadenas Playhouse Village, Dodger Stadium, Glendale Galleria, and much more. Cal State University of LA is also located within 6 miles of the property. Additionally, the property is located just blocks from heavy retail corridors on York Blvd, Figueroa Street, and a short drive to heavy retail corridors in Pasadena. Some local retailers include Trader Joes, Starbucks, CVS, Smart & Final, and several chain and boutique restaurants. Also within a short 10-minute drive are several schools, parks, medical facilities, and big box retailers. 500 Chestnut Avenue is a 2-story garden-style multifamil

We just improved the pricing by $300k on this unique ultra value-add opportunity in Highland Park! The offering consists of 13 very large residential units with substantial rental and ADU upside. To further boost the already attractive metrics, the buyer can begin construction on 5 RTI ADUs shortly after closing (currently pending sanitation clearance, but can be delivered RTI), which would boost the unit count by nearly 50% to 18 units. Factoring in construction costs for these ADUs at $300/SF ($580k total), the all-in-cost per door comes down significantly to approximately $237k/door at a very attractive cap rate of 7.1% or 10.73 GRM - virtually unheard of in Highland Park. These are not "pro forma" figures and are not reliant on unit turns, and they take into account the cost of building the ADUs. The seller has priced the asset for the buyer to capture an instant equity spread from the construction of the ADUs. Furthermore, new owners can capture incredible upside potential by raising rents in the existing large units which cover an average area of over 800 square feet each. The size of the units results in quick lease-ups, and the property has the additional upside to an 14.6% cap rate and 5.65 GRM. The property is situated close to the vibrant York Blvd and Figueroa Street.

Built in 2020, Fig & York is the new flagship apartment community in Highland Park, a hip historic neighborhood in the northeast corner of Los Angeles. Sitting on a 23,499 SF lot, the design-centric complex has 21 units and features live/work loft-style townhomes with generous high ceilings throughout, central heat and air, in-unit washer/dryer, stainless appliances, recessed lights, stained and polished concrete floors, and balconies. The modern two-story 19,732 SF building contains 7 1BD/1.5BA and 14 2BD/2.5BA units. The average unit size is approximately 1,000 SF. Community amenities include covered gated parking, a fully equipped gym, secure package locker room, EV charging stations, outdoor courtyard, surveillance cameras throughout, and much more! Located in the hip and happening heart of Highland Park and adjacent to the 110 freeway, Fig & York offers easy access to Downtown Los Angeles, South Pasadena, Pasadena, and all the San Gabriel Valley.

Moxie + Clover is a beautifully renovated 60-unit apartment community offering upscale convenience in the heart of "happening" Highland Park, what many call L.A.'s greatest and hottest neighborhood. Highland Park is known for its diverse blend of historic landmarks, tree-lined residential streets, artistic flair, and cool vibe, and Moxie + Clover delivers a contemporary, comfortable, and convenient living experience that's perfect for any lifestyle. Offering an irresistible combination of location, quality and upgraded amenities, the 42,272 SF building is a mix of studio, 1BD and 2BD units with an average size of 705 SF. In-unit features include washer/dryer, fully equipped kitchens with brand new appliances, custom cabinetry, hardwood style flooring, central air, walk-in closets, private patios, and more!

Huge Price Drop for fast sale! Extremely Rare Opportunity to acquire a sizable commercial office building located on the main thoroughfare in prime Highland Park! Built in 1953 the building features 3046 ft. of commercial office space on a substantial 5324 square-foot lot. The property sits on a corner lot on York Boulevard with excellent signage and includes a billboard that offers an additional source of income. The current owner uses the property for his own private chiropractic practice and subleases two individual office spaces. The property can be delivered vacant at the close of escrow. Amazing location in highly desirable area of Highland Park. High Walk Score, very walkable. Amazing entertainment, dining and shopping options, close proximity to Metro Gold line, 110 freeway, and Figueroa Street. Easy commute to DTLA, Glendale, and South Pasadena/Pasadena. Good zoning potential for future development. Huge price reduction!! Property is sold in as-is condition. Seller is related to Broker.