17-unit value-add opportunity priced at only 214k/door with a remarkable Current Cap Rate of 6.25% and 11.4 GRM and an incredible upside potential to 10.48% Cap Rate and 7.61 GRM on proforma. The property consists of 14 units plus 3 brand-new attached ADUs currently under construction. Additionally, 5 of the 14 units have been already fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Each unit is individually metered for gas and electricity while tenants cover garbage fees - saving you money on utilities from day one. The large 10,015 SF lot comes complete with gated parking spaces that can accommodate up to multiple cars and requires no soft-story retrofitting. Plus, there are Nearly RTI plans to add 2 additional detached ADUs (2bed/2bath & 3bed/3bath) over the carport to improve the numbers to only 192k/unit, 324/SF, 8.2% Cap Rate, and 9 GRM on current with upside to 12% Cap Rate and 6.6 GRM on proforma after building the detached ADUs. And let's not forget about its unbeatable location near popular neighborhood attractions like Alibi Coffee Co., Starbucks, Koreatown, DTLA, Culver City, and public transportation options all while being in close proximity to major freeways ensuring smooth travel
548 N Westmoreland Ave is a 9-unit apartment building situated between East Hollywood and Silver Lake. The property's large unit mix consists of seven 2+2's, one 3+2.5, and one 3+3. Four of the units have been extensively remodeled to include new paint, kitchens and bathrooms, laminate flooring, and air conditioning. All units are townhouse style with open concept layouts and exterior balconies. The building has had numerous upgrades including security camera installation, a rebuilt staircase, and new exterior paint. In addition, the property is not subject to LA City rent control (only subject to California State rent control), which allows for larger annual rent increases. Superbly located just steps away from the heart of the Virgil Village commercial corridor, 548 N Westmoreland Ave provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 88 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Bellevue Recreation Center and Dayton Heights Elementary. Public transit is also easily accessible at the Vermont/Beverly Metro station at 0.6 miles away. With 548 N Westmoreland, you can hedge ag
Rare opportunity to acquire a prime Ventura Blvd asset with 50-foot frontage in the "Silver Triangle" area of Studio City. The building consists of approximately 3,750 sq. ft. of which 2,400 sq. ft is ready for occupancy and 1,350 sq. ft. is currently rented. The property includes 6 parking spots with access from a rear alley. Call the listing agent for all the details.
INVESTMENT HIGHLIGHTS:DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, presents an excellent multi-use development opportunity for investors and developers.DEVELOPMENT STATISTICS:The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 6 parcels, totaling approximately 18,774 square feet, providing ample space for innovative design and construction. The proposed building would encompass a total area of 35,309 square feet, complying with a floor area ratio (F.A.R.) of 1 to 1. The development plan includes the construction of 40 units, consisting of 35 standard apartment units and 5 ground floor retail/office live/work spaces. The estimated cost is $84,995 per un-entitled unit, resulting in a total cost of $3,399,800. Buyer is encouraged to perform their own due diligence.EXCELLENT LOCATION:The property is situated in a highly desirable location in Woodland Hills, California. It is located between the popular Ventura Blvd and Highway 101 just east of Valley Circle Blvd, which offers easy access to various amenities, including shopping centers, restaurants, and entertainment options all near
Attention buyers! Huge $125K price reduction! Strong Seller motivation since identifying uplegs for the 1031 exchange. Great chance to purchase a tremendous property with $130k in upside at an unbeatable price! We are proud to present 1296 South Citrus Avenue, a prime 6 unit investment opportunity in the coveted Mid-Wilshire submarket! This property, boasting 1927 construction, offers a unique blend of vintage charm and modern potential. Situated on a spacious 7,052 square foot corner lot, the subject property features six generously sized one-bedroom, one-bathroom units averaging approximately 900 square feet each. Unit 1296 stands out with its fully renovated and fully furnished status, ready for a new buyer to owner occupy or lease out. Additionally, this property comes with approved plans to construct a two-bedroom, two-bathroom Accessory Dwelling Unit (ADU), with an estimated rent potential of $4,000 per month. The construction timeline for the ADU is estimated to be six to eight months, with an approximate cost ranging from $160,000 to $180,000.Each unit is equipped with individual washer/dryer hookups, ensuring convenience and comfort for tenants. The subject property offers six parking spaces on-site and is conveniently located across the street from the Midtown Shopping
We are pleased to offer for sale a six unit renovated apartment community located at 639 Robinson Street. The subject property is located north of the 110 Freeway and west of Silver Lake Boulevard. Located just minutes away from downtown Los Angeles, Silver Lake is renowned for its artistic flair, diverse dining scene, and scenic landscapes. Explore the eclectic neighborhood, where trendy boutiques, hip cafes, and world-class restaurants await. With easy access to Griffith Park's hiking trails and the vibrant city scene, 639 Robinson Street offers the perfect location for those seeking the quintessential LA lifestyle. Situated on a 6,616 square foot parcel, the property is comprised of one one-bedroom and five two-bedroom units. Current ownership has extensively renovated units with brand-new stainless-steel appliances, energy efficient washers & dryers in unit, powerful split AC/heat unit, dual pane windows, all new vinyl floors/tiles, and more. 639 Robinson Street presents investors with a unique opportunity to attain a fully renovated asset in a rapidly growing Silver Lake market making it an excellent investment opportunity poised for long-term stability.
$4,849,000 is the combined price for BOTH properties. We are pleased to offer for sale incredible multifamily assets located at 5314 and 5322 Loma Linda Avenue in the beautiful enclave of Los Feliz. Originally built in 1939 and 1940, the side by side French Normandy properties exemplify the character and charm of 1930's and early 1940's LA. The properties, each with their own APN, consist of very large 1, 2 and 3 bedroom units each offering a terrific spacious floor plan flooded with natural light. Beautifully set around a meticulously landscaped central courtyard, the buildings offer the astute investor with a quintessential value-add opportunity. Apartments feature beautiful hardwood floors, crown moldings, vintage tile work, and outdoor patio space (select units). As current rents hover around $2.31/SF, there is significant rental upside through a comprehensive renovation program as units turn. Additionally, there is ample on-site parking with no soft story retrofit required (Buyer to verify).5314 and 5322 Loma Linda Avenue are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier tur
$4,849,000 is the combined price for BOTH properties. We are pleased to offer for sale incredible multifamily assets located at 5314 and 5322 Loma Linda Avenue in the beautiful enclave of Los Feliz. Originally built in 1939 and 1940, the side by side French Normandy properties exemplify the character and charm of 1930's and early 1940's LA. The properties, each with their own APN, consist of very large 1, 2 and 3 bedroom units each offering a terrific spacious floor plan flooded with natural light. Beautifully set around a meticulously landscaped central courtyard, the buildings offer the astute investor with a quintessential value-add opportunity. Apartments feature beautiful hardwood floors, crown moldings, vintage tile work, and outdoor patio space (select units). As current rents hover around $2.31/SF, there is significant rental upside through a comprehensive renovation program as units turn. Additionally, there is ample on-site parking with no soft story retrofit required (Buyer to verify). 5314 and 5322 Loma Linda Avenue are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier tu
Prime mixed-use property in E. LA in a prime location this property features a versatile layout comprising of ONE storefront and TWO BRAND NEW STUDIOS, each includes a kitchenette and bathroom offering a haven of comfort to prospective tenants. Seize the opportunity to indulge in a lifestyle where commerce and creativity intersect. This ample space includes the storefront suite and two individual studios, with the added convenience of included parking. Ideal for investors or owner-occupiers seeking versatile commercial and residential spaces in a convenient location. Dont miss out on a well-rounded investment with potential for various uses.
This is an opportunity with great upside potential. Yes, take a look at this beautiful property. Featuring 5 single units and 1-2 bedroom detached 2-story house. The total square footage of the living space is 3,055 and the land consists of 10,565 square feet according to Public Records. The concrete patio in the back is comforting. There's also laundry on the premises for the tenants convenience. You will find beautiful landscaping and a large driveway with a 4-single car garages. Don't pass up this opportunity. This is a must see!
Proudly presenting this remarkable opportunity in the heart of Los Feliz.Building is located in unique and truly one-of-a-kind rental market Neighborhood So many amazing shops, Restaurants, boutiques, walking trails, golf courses, tennis courts, close to freeways, delicious coffee shops, ice cream shops. Village is full of many great chefs to entertain you for breakfast, lunch or dinner.Nice building-call me Offer subject to interior inspection.
Incredible opportunity to own 6 newer(built in 2007) luxury townhomes in most desirable area of Sherman Oaks only half block north of Ventura blvd. walking distance to numerous shopping, dining, public transportation, and entertainment all within close proximity. This offering presents major upside income potential as rents are currently low. All 6 townhomes have their own separate assessor parcel numbers so they should not fall under rent control as condos(buyer to verify) and can be sold separately upon forming HOA. All units are beautiful, spacious and have 3 bedrooms, 2.5 baths, bonus room by the garage and a loft on the top floor, open floorplan with large living room with sculptured ceilings and fireplace, Large granite kitchen with breakfast area, three bedrooms are on the second level of the home alongside the second guest bathroom with a tub, oversized landing. The primary bedroom has vaulted ceilings and is fully loaded with an ensuite bathroom, his and her walk in closets. The primary bathroom also has a double vanity, bidet, and a bathtub. The 3rd level of the condos contains a perfect space for loft or an office and leads to the rooftop deck with views. attached 2 car garage with direct access to the unit, in unit laundry. Pride of ownership property! Do not enter pr
28 UNITS CURRENTLY VACANT! OPTION TO PURCHASE AS A PORTFOLIO (90 UNITS TOTAL). 2221 Michigan Ave presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1926, encompasses 9,229 square feet and comprises 32 units on a 6,053-square-foot lot. The unit mix consists of (24) Bachelors, (6) Studios, and (2) one bedroom + one bathroom units, catering to a diverse range of tenants. With 28 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in the vibrant Boyle Heights neighborhood, just west of downtown Los Angeles, 2221 Michigan Ave benefits from its central location. The area boasts a dense population and a strong working-class community. Residents enjoy convenient access to amenities such as MacArthur Park, popular taco trucks, and eff
6 Units and commercial retail unit Delivered Vacant! 1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This well-maintained two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises 18 residential units alongside a retail space, all set on a generous 7,412-square-foot lot, complete with 14 parking spaces. Designed to cater to a diverse range of tenants, the unit mix includes (15) Bachelors ( 2) 1-bedroom + 1-bathroom units, (1) Studio, and a commercial unit, ensuring broad appeal to prospective tenants. With 6 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in vibrant Lincoln Heights, a historic neighborhood known for its diverse community, rich cultural heritage, and architectural landmarks. Situated northeas
13 Units Delivered Vacant! 323 N. Soto Street presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1929, encompasses 10,364 square feet and comprises 40 units on a 6,993 square-foot lot. The unit mix is comprised of of (36) Studios/Bachelor units with bathrooms & (4) 1 Bed + 1 Bath units, catering to a diverse range of tenants. With 13 vacancies currently available, significant potential exists for a new owner to implement a value-add strategy. Conducting renovations of individual units and common areas to reposition the asset can result in market rental rates offering flexibility for short-term or long-term tenancies. A new owner can also participate in the Section 8 Housing program through entities like HACLA or its subsidiary programs such as PATH. Strategically located in the vibrant Boyle Heights neighborhood, just west of downtown Los Angeles, 323 N. Soto Street benefits from its central location. The area boasts a dense population and a strong working-class community. Residents enjoy convenient access to amenities such as MacArthur Park, popular taco trucks, and efficient public transportation options, including bus and metro lines. Major employers such as Kaiser Permanente, Bank
Are you waiting for the right spin? This is your time to roll into investing & start with loads of opportunities to own the business & Real Estate! Fresh on the market, commercial building with a "hotspot to fluff and fold" Laundry-mat & refreshing Water-store in Wilmington! The area is getting a new zest of life! New Wilmington Waterfront Promenade & new housing projects and more, that will bring a new cycle of businesses and clients to the area! Don't get washed up and let this one flush away, corner building & own the business with its own parking. Great location nearby apartments, foot traffic, stablished clientele and great visibility.
Pleased to present the opportunity to acquire 220 S. Poinsettia Place, an eight-unit investment opportunity located in the highly desirable 90036 zip code of Los Angeles. located in the highly desirable 90036 zip code of Los Angeles. Excellent Unit Mix Offering (2) Studios and (6) One-Bedroom Units with 32% upside in rents. 220 Poinsettia Place is a walker's paradise; daily errands do not require a car and you're in close proximity to shopping, dining and entertainment on Melrose Avenue & Santa Monica Boulevard!
8 Units RTI Development opportunity on an R-3 zoned lot near downtown Los Angeles Crypto Center, Koreatown, and Pico-Union, with easy access to the freeway: Sold with approved plans and permits for a 4-floor construction with ground-level parking, offering a total living area of 14,400 ft. The previous property has been demolished, making it an ideal prospect for investors and developers seeking a prime location with high rental demand potential.
The offering is a rare and attractive value add investment property located in Prime Sherman Oaks Adjacent to Studio City. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Ventura Blvd tenants are within close walking distance to the New Sportsman Lodge where there is an abundance of plethora of fine dining, shopping, and entertainment options. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley Location with significant value-add potential. There is an excellent unit mix consisting of Twelve 1 Bedroom / 1 Bathroom Units and One Studio Unit which is, very desirable for today's rental market. Two of the Units will be delivered Vacant at the close of escrow. The property sits on a large 15,160 SF Lot and has 14 Uncovered Parking Spaces. All units are separately metered Gas and Electric. This Valuable Asset is available for Sale for the first time in+25 Years!
Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures.. Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility. The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential. Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctu
Welcome to the most exceptional commercial lot on the market! Introducing a prime commercial lot in an unbeatable location! This LAC2-zoned property features a spacious 6000 sf lot with a 2-car garage and a 720sf office building built in 2009. Currently a successful car dealership, this commercial paved lot is a fantastic opportunity for investors, developers, and business owners. For over a decade, this esteemed location has served as a thriving car dealership, cementing its position as a trusted establishment within the community. Its tremendous success and longevity have made it a byword for reliability and value. Situated in a thriving opportunity zone with excellent transit access, this property won't last long. Don't miss out on this incredible chance to own a versatile space with endless potential.
Incredible Toluca Lake offering!! Soft Story Retrofit complete. Located south of Camarillo / East of Lankershim / West of Cahuenga. 9 Total Units (2 separate buildings). Building 1: 7 units, and Building 2: 2 units. Gated driveway, on-site parking for 9 cars, and an income generating laundry room. Unit mix: (3) 2+1 units, (4) 1+1 units, and (2) studios. Highly accessible to the 134, 101, & 170 freeways, close to the studios, and approximately 1 mile from the Metro station. Walk Score of 85.
Welcome to this exceptional 5-unit gem nestled in the heart of Los Angeles. Whether youre an investor seeking steady cash flow or a savvy buyer looking to live in one unit and rent out the others, this property checks all the boxes. Security and peace of mind are paramount. This property boasts a secure gated entrance, ensuring safety for residents and peace of mind for you. 4-Bedroom, 3-Bath Residence: A spacious home with room for a growing family or potential rental income. Inside, discover a dedicated laundry area for added convenience. Two 2-Bedroom, 1-Bath Units: Perfect for small families or couples. These units offer comfortable living spaces and shared community laundry facilities. Two Studios: Ideal for singles, students, or creative professionals. These cozy spaces provide simplicity and affordability. The property has been cared for, ensuring longevity and minimal maintenance for the new owner. Some parking spots are available on a large lot, eliminating the hassle of street parking. Your tenants will appreciate this added perk. With a mix of unit sizes, you have flexibility. Rent them all out for consistent income or live in one and let the others pay your mortgage. Dont miss out on this golden opportunity! Whether youre a seasoned investor or a first-time b
