2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 5 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is : 8704 S. Central Avenue. MLS #PW24030451.
2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 4 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is : 8708 S. Central Avenue MLS #PW24030469. w
1627 N Poinsettia Place is a 20 unit multi-family property located in a prime Hollywood location. This three story apartment building was originally constructed in 1965 and falls under LA City rent control. The Poinsettia Place Residences are a large apartment building of approximately 14,817 Sq. Ft. The property has an excellent unit mix of (2) Studio (4) 2 BR + 2 Bath & (14) 1 BR + 1 Bath units. The rents are below market, creating a quintessential value-add opportunity. The property has recently received some significant renovations including a new master water heater. One of the 2 BR units is a spacious well renovated unit that is already receiving $3,548 a month in rent. The manager's unit which is a studio unit will be delivered vacant at the close of escrow. Two other 1 BR + 1 Bath units will also be delivered vacant. The building has gated subterranean parking. 1627 N Poinsettia provides an astute multi-family investor the opportunity to purchase a value-add multi-family asset in one the most highly sough after rental locations in all of Los Angeles.
810 S. St. Andrews Pl is located just two blocks from the intersection of Wilshire Blvd and Western Ave, the heart of Koreatown. The property was built in 1932 and consists of 18 very large one bedroom, one bath units averaging 700sf. The building totals 15,260sf on a 6,875sf lot zoned R4. Currently the property is 100% occupied and there is approximately 35% upside in rents allowing a new investor the ability to increase cash flow with unit turn. The property includes a large basement area where the communal laundry facility and central water heater is located. There are 5 washers and 5 dryers provided income in excess of $5,000 a year. The property is master metered for gas and separately metered for electricity. With a walk score of 97 "Walker's Paradise," tenants are walking distance to some of Koreatown's best restaurants and shops. Public transportation is ample with the Western Metro stop on the Purple line just two blocks away. Contact listing agents for offering memorandum.
13279-13281 Van Nuys Blvd in Pacoima. It is located on a major thoroughfare in a redeveloping area of Pacoima. This three-unit Commercial Space is ideally suited for first-time investors in the Retail Space or a potential owner-user opportunity. The property comprises three units with Units of Square Footage of 510, 1488, and 1097 for 3095 Square Feet. The property has a rental upside! The property has a new facade, giving it life and curb appeal. This property will benefit from the new light rail line scheduled to be built for the Metro. The area has a high traffic count and benefits from heavy foot traffic. Centrally located to the 118 and 5 freeways, it has plenty of freeway and transit access.
Seize the opportunity to own an auto body shop. This is your ticket to success in the automotive industry. Here is your opportunity to buy this auto body and auto repair shop located in a prime location. This premier auto body and repair shop is your gateway to automotive excellence. The property boasts an updated electrical panel and a compressor. It is equipped with an office and a restroom. Two roll up doors . Nicely laid out multi service bay garage service lift area, plus some extra work space. Ample Parking. Don't miss out - make this auto body shop yours and drive your entrepreneurial dreams forward. The property is ready to be sold. Please contact me to show. All information deemed reliable but not guaranteed. Buyers to due their own due diligence.
Welcome to 7051 3rd Ave., a prime mixed-use building nestled in the vibrant heart of Los Angeles. This versatile property offers a unique opportunity for an owner-user taking advantage of SBA financing, investors, entrepreneurs, and developers alike. Featuring a strategic location, 90043 zip code, this property enjoys excellent visibility and accessibility; Sofi Stadium, Intuit Dome, The Forum, USC, Inglewood Transit Line, Edward Vincent Park, Leimert Park Village, Baldwin Hills Crenshaw Plaza and more The commercial building is ideal for retail, office space, or a restaurant (commercial hood exists) + detached residential triplex. Triplex mix is a 3/1 + (2) 1/1s. Rare opportunity to acquire a virtually vacant property in a growth trending neighborhood. Currently one tenant in place renting one of the one bedroom units. Commercial building is has it's own addresses of 2501, 2503 Florence Ave., is approx 2,808 square feet and offers 70' of frontage. Zoning LA C2. Corner Lot. Per architect / land use consultant for multifamily development option: Yield may be 23-83 potential units. Buyer to verify, listing agent has not verified and does not warrant accuracy of this information. Each unit has individual gas and electric meters. One water meter. Inside laundry for 3 bedroom ap
Listed price has just been reduced by $500,000! The subject is a nine-unit woodframe and stucco luxury apartment building, constructed in 2021, with a convenient location in Tujunga, a suburban community within the City of Los Angeles. The subject is located just north of Foothill Boulevard and the Foothill (Interstate 210) Freeway, approximately one mile west of Glendale, two miles north of Burbank and less than eight miles from Pasadena. This stylish contemporary three-story building includes a central garage on the first story and an excellent mix of oversized two and three-bedroom units ranging up to 1,598 square feet in size in the second and third stories. The property has a center atrium, an elevator located in the lobby and a central garage with 21 vehicle spaces. Eight of the apartment units are one-level and one unit is two-story, townhouse-style. All units have contemporary kitchens with quartz countertops, dishwashers, gas range/ovens and microwave ovens. Bathrooms have luxury oversized state-of-the-art showers with full glass enclosures. Many rooms feature floor-to-ceiling windows. All units have recessed lighting, tankless water heaters, washer/dryers and central heating/air conditioning. Electricity and gas are separately metered to each unit. Zoning is LARD1.5. Ei
5 units in West LA at an incredible price. On-site parking, on-site laundry. Walk to Metro Station, shopping, restaurants etc. Close to everything on the west side. Seismic retrofit has not been done. Seller has paid $11,000 for seismic retrofit plans to be drawn and submitted. Check docs for a quote from 2022. OM with rent roll in docs. This is a fantastic value add property. Call listing agent for details!
Located in an Opportunity Zone, this property boasts six units situated in a prime Hollywood location. Featuring four charming cottage-style bungalows with one-bedroom each at the front, complemented by two additional one-bedroom units side-by-side at the rear. Enjoying a high walker score, residents can accomplish numerous daily errands without the need for a car, making it a paradise for pedestrians. Positioned conveniently close to several studios, the Metro Red Line is accessible with just a 23-minute walk. Nearby recreational amenities include Golds Gym, Hollywood Recreation Center, Hollywood Playground, and Hollywood Forever. With its proximity to entertainment venues, dining options, shopping centers, and employment opportunities in the media industry, these units experience high demand in the rental market. Moreover, commuting throughout Los Angeles to key areas such as Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea is easily manageable from this location.
Property used/zoned as 3 residential units, with a storefront. Most recent use was a Church. Can be easily converted back to 3 units for residential rental income. Best use can be store/Business front. with residental units. The property is a probate but does not require Court confirmation. Property has some newer electrical.
Commercial/Residential Mix Property at the corner of Pico and Hobart Blvd. Two-story building, 2 spaces of retail store on the 1F, Three units of 2 bed+ 2 bath apartment on the 2F. This is the first time in the market in 23 years. Steady tenant and good monthly income.
Great investment opportunity - 6 units in a great neighborhood in East Los Angeles, sister city is South Montebello. Centrally located to the 60, 710 and 5 Freeway. This property is near Whittier Blvd with lots of transpiration lines only minutes from Montebello/Commerce Metrolink Station. 4 units are occupied do not disturb tenants.
The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and
This is a mixed use property that includes both commercial and residential units. It used to be a 4 unit building that was converted into a 5 unit by making one of the downstairs unit into 2 units. The property sits on a corner lot and is very centrally located. It is an income producing property with great upside potential.
This is a mixed use property combining residential and commercial units. This used to be a 4 unit building but it was converted into 5 units by making one of the bottom units into 2 units. It sits on a corner lot and very centrally located. This can be an income producing property for the next owner for many years to come.
Calling All Investors! 10.88 GRM and 5.68% CAP Rate at asking! Terrific Unit Mix of 13-1Bed + 1 Bath Units and 7-2Bed + 2 Bath Units. Secure Entry with On-Site Parking and On-Site Laundry. Soft Story Retrofit Completed. Potential Rental Upside in High Demand Rental Location! Well maintained property!
MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 79% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or feat
To investors, business owners, and all types of buyers. An excellent opportunity to own this rare-find commercial property in a prime location in Downtown Los Angeles' Fashion District. Easy access to I-10 Freeway, on the corner of 12th and Paloma. Approximately 8,282 SQFT building, situated with 82ft frontage of an 11,686 SQFT lot. Consists of 6 units, all with individual electric meters. All units currently occupied. There is alley access in the rear for parking and loading. Buyer will need to verify with City regarding zoning and regulatory needs. Buyer also to conduct their own investigations. Please contact us today and don't miss this opportunity.
Huge 450k Price Reduction! Value-Add 10-unit building with 4 fully renovated units with permits (100% occupied) in the historic Filipino Town priced at only $195k/door and $298/SF. Amazing Current Cap Rate of 6.4% and 11 GRM with an incredible 88% upside to 14% Cap Rate and 5.9 GRM on proforma. Plus, there are Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 162k/unit, 9.4% Cap Rate, and 8 GRM on Current with upside to 17% Cap Rate and 4.9 GRM on Proforma after ADUs. All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. RTI plans to add 2 Attached ADUs in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 4 units have been fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the heart of LA just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
SELLER MAY CARRY! Charming 1920's property located in East Hollywood, near Santa Monica Blvd. and Western Ave. with very easy access to the 101 Freeway. The property is made up of 8 units, with a GREAT unit mix of Studios, 1+1's, and 2+1's. Six (6) out of Eight (8) units are separately metered for gas & electricity with Two (2) Units, (5337 & 5537 1/2) sharing a master meter. All units have separate H20 heaters! Some of the plumbing has been upgraded to copper. Some of the units have been tastefully updated and one unit was fully remodeled in 2023. The property boasts a 5.23% CAP rate and 13.42 GRM with tremendous rental upside! The neighborhood is deemed a "very walkable" neighborhood with a walk score of 92 out of 100! Less than half a mile from the new Echelon Studios Complex project of 550,000 SF of new production studio, office, and retail space set to be completed in 2026. The subject property is an excellent opportunity for a buyer looking to acquire a day one cash flow investment property. It has been well maintained by the current ownership. The subject property is located in the city of Los Angeles and is subject to rent control.
Rare opportunity to own great value of commercial property. Ideal for Medical office, clinic, retail shop, Architect office, general office use. Property is zoned C2. Excellent opportunity to develop, invest this parcel or run the business in a desired and bustling area of 3rd St., right off Alvarado Blvd. Total building area is approx. 3,540 sqft and Lot size is approx. 6496 sqft (approx.1500 sf of basement with 9 FT high ceiling which is not included in total sqft) .Within a block from St. Vincent Medical Center. 2 UNITS in the building with 7 parking spaces. Corner lot with a traffic light. The property will be delivered vacant. ***EXCELLENT FLOW OF TRAFFIC AREA & EXTEA APPROX.1500SF BASEMENT SPACE
Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors. Property can also be purchased together with 14520 Erwin St for $1,850,000.
