Bread and butter investment for a savvy investor. The building is comprised of 27 units with 21 studio units and 6 one bedroom units. The property was built in 1912 on a 6,497 Sq. Ft. lot zoned LAM1. The building is three stories and is about 15,270 Sq. Ft. The property is nestled in a dense and desirable rental market with major job centers nearby such as, Downtown Los Angeles, University of Southern California, and the warehouse industrial center just South East of Downtown. Do not miss out on this opportunity!
Price reduced! Former drive through restaurant. Building needs repairs Great exposure main street Gaffey. Alley access. 3,800 square foot lot on main street Gaffey. Approximate 1000 sq ft building in need of repairs.
An excellent retail/office/residential property for sale, located on Temple St, in Los Angeles, California. This 2-story building approximately 2,669 SF with a total lot size of 2,992 SF, as per the assessor. The first floor serves as an office/retail space, while the second-floor features four individual studio units. The property boasts high ceilings. PROPERTY HIGHLIGHTS: - Owner/User or Investment Opportunity - Prime Los Angeles Location - High Exposure and Visibility - Limited Inventory of Similar Properties - Retail, Office, Residential Use Opportunity
264 S. Union presents a prime investment opportunity in the vibrant heart of Los Angeles. This newly constructed 12-unit apartment building, completed in 2024, offers a compelling prospect for savvy investors seeking a stake in the thriving Los Angeles real estate market. This contemporary gem features a mix of 8 spacious two-bedroom, one-bathroom residences and 4 cozy one-bedroom, one-bathroom units, all meticulously crafted with high-end materials, modern kitchens, and luxurious baths. Each unit is equipped with its own washer and dryer and a split air conditioning system, catering to the discerning tastes of today's urban professionals. The property's underground parking with 12 parking spots accessible from the alley, adds a sought-after element of convenience, while the rooftop offers stunning panoramic views of downtown Los Angeles, including captivating skylights at night. Its strategic location, just a five-minute drive from Disney Hall, the Los Angeles Courthouse, and the Financial District, underscores its investment appeal. In an area characterized by a shortage of modern and new units, 264 S. Union stands out as a rare opportunity to own a piece of urban luxury. Furthermore, its proximity to transportation hubs, including downtown Echo Park and Silverlake, reinforces
"PRICE REDUCED FOR A QUICK SALE" LAR4 ZONING 6-UNIT APT IN THE HEART OF LOS ANGELES!!! GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4ZONING AREA , TOC TIER 2 LOT on a busy HOOVER ST. TWO STORIES VICTORIAN-STYLE BUILDING, SIZE:4,032 SQ FT, WITH LARGE LOT (SIZE APP. 6,272 SQ FT.) WITH ASSIGNED 10 PARKING LOTS. THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS. THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS. ALL CURRENT TENANTS ARE PAY RENT ON TIME MONTHLY AND VERY COOPERATIVE TO THE LANDLORD. VERY EASY ACCESS TO/FROM FWY 10, 101 AND110.THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS.
10424 S. Broadway is an investment opportunity located in South Los Angeles, conveniently situated in the high rental demand pocket between Century Blvd and Main Street. The strong cashflow and high yield property is offered at an attractive 7.03% CAP rate and 8.7 GRM on actual income, with 100% occupancy in the building. An investor can capture significant additional upside with the permit to add 3 large ADU units on the property, that will be delivered RTI. The ADU units are consisting of a two-bedroom/one-bathroom, a three-bedroom/one-bathroom, and a three-bedroom/two bathroom unit, which could bring north of an additional $9,400 per month once completed and rented. The 1986 built property does not fall within the city of Los Angeles rent control, and comes with renovated units, a new roof that was recently installed, and upgraded plumbing and electrical. The building has secured gated access with thirteen on-site parking spaces as well. The dense, infill location of South LA comes with an easy commute to Downtown Leimert Park and Mid-City with multiple Metro local lines and the Metro C rail line all nearby the property.
Incredible medical building for a owner user and investor to acquire a turnkey custom-built single-story medical office plaza. This corner lot C-2 zoned property is located in an SBA Qualified HUB Zone. One unit is setup as a gym or physical therapy space and has approx 25' high ceilings, industrial lighting, locker rooms with sauna and showers. The second unit is setup for medical use and houses several exam rooms, nurses' station, receptionist and waiting room. And and do used as a urgent care of medical suit. The third unit is currently setup for a dental practice. Call for a tour
We are pleased to present the opportunity to acquire 4126 Whittier Blvd, a mixed-use retail & residential property located in East Los Angeles. Built in 1957, the property is comprised of 4 separate structures, totaling 4,207 square feet, that sit on a 7,500 square foot lot zoned LCC3. The four structures include the following: a 1,100 square foot retail space, a 962 square foot retail space, a 3bed/1bath house, and a detached garage. The residential unit is currently owner-occupied, however the entire property will be delivered vacant at the close of escrow. 4126 Whittier Blvd provides a rare opportunity for many different owner-user investors that might consider occupying one or both retail spaces, the residential unit, or a combination of both. The significant rental demand in the area will also be attractive to investors who do not wish to occupy the area and instead will consider adding value through interior and exterior upgrades to the property. The garage in the rear contains a non-conforming studio and 1bed/1bath unit that could possibly be converted to one legal ADU (Buyer to investigate). The conversion of the garage to an ADU will significantly boost income for the property. Additionally, the property is in a Historically Underutilized Business Zone (HUBZone) and a St
Welcome to 1835 - 1837 Beloit Ave Los Angeles. Located in the prime Tucker - Langdon Tract, this property offers a multitude of uses. Purchase as is and live in the 3 bedroom 2 bathroom main house while getting paid rents on the 6 units in the rear. Other options for more experienced investors would be to do a value add play and split the main house into 2 units creating 9 total units on this property. All units can be delivered vacant. Studios in the building next door are renting for $2,500 or more per month. All information to be verified by buyer and buyer's broker. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.
Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 6.7% without relocating any residential tenants. The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. Two One-Car Garages can be Converted into One Studio ADU, Making Seven Total Residential Units. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187,560 net and bringing your total building NOI to $221,773 or a 6.7% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. Pro Forma Cap Rate After Commercial Value-add + Garage ADU Conversion: 7.4%. Pro Forma Cap Rate After Commercial Value-Add + Garage ADU Conversion + Residential Val
"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The prop
MAJOR PRICE REDUCTION- PRICE REDUCED BY $200K. WELL-MAINTAINED 19-UNITS SITTING ON A HUGE DOUBLE LOT, APPROX. 15,464 SQ. FT. COMPLETE ADDRESS: 526-534 W. 47Th ST., LA 90037. CONSISTS OF TWO ADJACENT PARCELS # 5018-027-15 & # 50-18-027-16. MINUTES SOUTH OF USC, CLOSE TO SHOPS AND RESTAURANTS. GREAT LOCATION WITH HUGE DEVELOPMENT POTENTIALS. POSSIBILITY TO BUILD AFFORDABLE / LOW INCOME UNITS; (BUYER TO VERIFY). TREMENDOUS UPSIDE POTENTIAL ONCE UNITS ARE TURNED. CLOSE TO 110-FREEWAY, SHOPS & PUBLIC TRANSITS. DRIVE BY ONLY, PLEASE DO NOT CONTACT TENANTS. CALL / TEXT LISTING AGENT FOR MORE DETAILS.
We are pleased to present a nineteen (19) unit apartment building located at 722 S Manhattan Place in Los Angeles, California. The subject property is located in a prime Koreatown location south of Wilshire Boulevard and west of S Western Avenue. Built in 1936, this property contains a great unit mix of twelve (12) studio / one-bathroom units, five (5) one-bedroom / one-bathroom units, and two (2) two-bedroom / two-bathroom units. The property is gated and secure with character, French Normandy style architecture in an area that is surrounded by new construction just south of Wilshire Boulevard. Tenants will love living in the heart of Koreatown; just down the street from some of the trendiest retail, restaurant, and entertainment amenities in Los Angeles. The neighboring properties include a new construction 160-unit complex with luxury amenities, and a vacant lot with permits in progress for a new 60-unit, 59,666 SF 7-story edifice. Situated in a prime Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a rare, mid-size residential asset with interest only assumable financing at an attractive 5.09% interest rate in one of the trendiest markets of Los Angeles.
HUGE PRICE DROP for quick sale. 6007 Holmes Ave is a mix-use property on a high traffic street. The property offers a combination of 3 residential units in the back and 2 commercial storefront spaces in the front. One of the commercial spaces in front is vacant and presents an excellent owner-user opportunity. ***Residential units are a mix of one 4Bedroom/1Bath and two 2Bedroom/1Bath units that generate $3,145/mo. in addition to Salon (rented at $1,200/mo.) and the vacant space that can be rented at $2000/mo. The HIGHEST CASH FLOW income property on the market at current 9.1 GRM and 7.4% Cap Rate. ***Boasting 3,392 SF of building on a generous 6,826 SF of land, this strategically located space presents a multitude of possibilities. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property's appeal. There is ample parking in the rear, accommodating up to 6 cars for both residents and commercial tenants. Whether you're an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Please do not disturb the tenants. This property is located in LA City, providing flexibility in land use and development.
Nestled on the border of Eagle Rock, Glassell Park, and Highland Park is 4311 Eagle Rock Boulevard: a mixed-use gem offering four 2-bed, 2 bath residential units and 2 commercial spaces, making it the ideal opportunity for an owner-user or investor alike. The street-level commercial spaces boast three large storefront windows that capture the attention of motorists and pedestrians alike and leveraging the continuous flow of traffic along Eagle Rock Boulevard. The versatile floor plan caters to the diverse needs of businesses, offering an opportunity to customize the space to suit your unique requirements. From boutique retail to a trendy caf or a dynamic co-working space, the possibilities are endless. And its close proximity to popular community hotspots within the vibrant neighborhood ensures a steady flow of potential customers. Perched above street-level in a separate two-story building are the 4 residential units that offer a retreat from the hustle and bustle of Eagle Rock Boulevard and provide a sense of exclusivity within this highly desirable neighborhood. Each unit features a townhome-style floor plan, providing residents with a sense of space and privacy. The 2-bedroom, 1-bathroom layout on the second floor ensures a cozy and intimate residential experience, while the
One of a kind creative space in Frogtown. Perfectly situated as the last industrial building before the major residential section of Elysian Valley, this approx 4500 square foot space has for over 30 years been a place for art and art-making. With Pristine white surfaces and 15 foot ceilings, it was for over 20 years the home and studio of artist Frank Romero, a pioneer of the Los Angeles Chicano movement and pivotal member of the acclaimed art group Los Four. Presently used as a collector's private art gallery and home, it is centered around an immense 29 x 38 foot gallery with 15 foot ceilings, and includes 2 smaller galleries, large art storage area with loading dock, 3 room office/bedroom suite, a principal bedroomwith adjoining office, kitchen, and soaring domestic storage, 2 bathrooms, 2 mezzanine storage areas, a 3 truck garage facility with roll-up doors, and extensive camera security system. The property is zoned LACM Manufacturing (Light) and is 3 doors from the LA River with next street access to the famous L.A. Bikepath. The path provides a direct connection to the gentrified Frogtown delights of the new Loreto Restaurant, LA River Kayak Safari, La Colombe Coffee, and Wax Paper. Frogtown/Elysian Valley is the new LA hub of artists, architects, filmmakers, and high tec
4351 S Western Ave, a prime investment opportunity in the vibrant community of South Los Angeles. This mixed-use property offers a dynamic combination of 6 residential units on the second floor and 2 commercial storefront spaces on the first floor. Currently, three of the residential units are vacant, renovated, and ready for immediate occupancy, presenting an excellent opportunity for prospective tenants.Boasting a total building size of 7,615 square feet and a spacious lot measuring 7,284 square feet, this property is a cash cow for savvy investors, operating at an attractive 6.31% cap rate. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property's appeal.The strategic location of 4351 S Western Ave ensures a steady flow of potential tenants and customers, making it an ideal investment in the bustling heart of South Los Angeles. In addition to its financial allure, the property features ample parking space in the rear, accommodating up to 8 cars, enhancing convenience for both residents and commercial tenants.Whether you're an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Seize the opportunity to own and operate this
19 Wavecrest Ave Apartments is a 10-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of venice as he property is in close proximity to Abbot Kinney, Santa Monica Pier, and much more. 19 Wavecrest Ave offers (7) one-bedroom apartments each measuring approximately 650 square feet, (2) two bedroom/one bath apartments each measuring approximately 815 square feet, and (1) two bedroom-two bath Penthouse unit measuring approximately 1,100 square feet. The penthouse unit features a jacuzzi, rooftop deck, and has views of the Pacific Ocean and entire city of Los Angeles. Potential to have (5) units delivered vacant at the close of escrow, with the penthouse unit having potential to be leased back at market rate. Units feature ocean views, Spanish tiling, and private patios. There is laundry on site.
PRICED FOR A QUICK SALE - PROPERTY IS NOW AVAILABLE TO BE SEEN STARTING MAY 16th. This will not last and is the best priced industrial building in this area of town! Large Industrial/Manufacturing Building or Warehouse in a Great Location of Los Angeles. Potential Cap Rate of 9% to 11%. Great 1031 Exchange or OWNER USER building. This is priced way below the market for an immediate sale! Seller may consider Seller Financing with a strong down payment and terms! SELLER IS VERY MOTIVATED AND JUST LOWERED THE PRICE BY $750,000. NEW PRICE IS $2,749,888. SELLER HAS ANOTHER INVESTMENT OPPORTUNITY AND NEED TO CLOSED FAST. THIS NEW PRICE IS ALMOST 1 MILLION DOLLAR BELOW THE MARKET. YOU WILL NOT FIND A BETTER DEAL. THIS PROPERTY HAS A LOT OF UPSET AND IS PERFECT FOR A 1031 EXCHANGE!!! IF WE CAN CLOSE IN BY MID TO EARLY JUNE, WE WILL MAKE A DEAL WORK!!!! Property has Heavy Power (800 AMP/240 Volt/3 Phase) and New Lighting. Market rents for the area are $1.00 to $1.25 PSF NNN. Using a NNN monthly lease rate of $1.25 PSF or $25,000 a month, you would get close to a 11% Cap Rate (Return). At $1.00 PSF NNN or around $20,000, you would be close to a 9% Cap Rate (Return). Thus, the potential return can be amazing if you get the right tenant. Zoned LAM2 - Light Industrial and Potential Non-Retail
The 32-unit Mansfield Terrace Apartments located at 1318 N Mansfield Ave in Hollywood. Located just west of Highland Ave between De Longpre Ave & Fountain Ave, this property features a desirable mix of 32 one-bedroom apartments, including 5 unique one-bedroom units with lofts on the third floor and 50 parking spaces, including 10 EV charging stations.Constructed in 1988, 1318 N Mansfield Ave benefits from not being subject to the Los Angeles Rent Stabilization Ordinance, providing greater allowable rental increases. Significant renovations have been carried out in 10 units, enhancing them with luxury features such as wide plank vinyl flooring, modern shaker cabinets, quartz countertops, polished chrome fixtures, new paint, and smoothed ceilings. Additionally, these units have been upgraded with new stainless-steel appliances and air conditioning units. Each apartment boasts its own balcony, along with a washer & dryer combo and individual water heater.The property has also received extensive exterior upgrades, including exterior paint, a new intercom and security camera system, and a renovated courtyard complete with new patio furniture, a fireplace, a leasing office, a BBQ area, and updated elevator equipment.This offering represents an exceptional opportunity to acquire a well-
This property is in a great location, where the famous Dalquest preschool resided, and is walking distance to Providence Little Company of Mary Hospital, a pharmacy, post office, bus station, elementary school, restaurants, and dental & doctor offices. Potential uses are a preschool, medical office, surgery center, urgent care, dental clinic, veterinary clinic, senior living, rehabilitation clinic/rehab homes, physical therapy, gym or warehouse. Plans were approved for a surgery center but have expired. Access the property from both 7th street or the back alley, which has a wide gate for up to 3 cars/trucks to potentially park in. There are new kitchen cabinets, quartz counter tops and sinks, and the kitcehen also has handicap access. There are also new exterior doors and acoustic ceiling tiles. There is new vinyl flooring and wood base moldings. The building is painted both inside and outside, and there are plans to add a handicap ramp. This asset has a handicap restroom as well as 3 regular restrooms, there is also space to add a laundry room and/or a shower. The copper plumbing and plumbing fixtures are all new, toilets, faucets and sewer are upgraded and new. Each of the large rooms also has its own sink. The roof has been repaired, the electrical is upgraded, and there are n
Opportunity to purchase 7815-7817 Melrose Avenue, Los Angeles, California. Built in 1982 and renovated in 2000, the Property offers 43 feet of Frontage on the World-famous Melrose Avenue, near the intersection with Fairfax Avenue. With a combined car count of over 127,000 vehicles per day, this Offering presents an incredible acquisition opportunity on one of Los Angeles' most coveted retail corridors. 7815-7817 Melrose Avenue is a Two-story Building with Approximately 7,750 Sf of Ground-floor Retail and Second-floor Office, an excellent Opportunity for an Owner/User or Investor in one of California's most Premium Urban Markets. The spaces are ideally sized, appealing to a variety of tenant types and uses. The current tenants are on Month-to-Month leases with under-market rents, offering the investor an immediate upside by leasing the units at market rents in one of the highest barrier-to-entry markets in California. Rated "Walker's Paradise" by CoStar with a Walk Score of 95, the property is located within distance to major attractions such as The Grove, Beverly Center, Sunset Strip, Beverly Hills, Rodeo Drive, Cedars-Sinai, and is surrounded by multiple dining and shopping options that Melrose has to offer: Urth Caffe Melrose, Zinqu, Alfred Coffee, Catch LA, Adidas, Reformation
An outstanding opportunity to develop 29 units with NO Parking. Price to sell at $55,000.00 a door. the property will be delivered with entitlement. This 7500 ft. flat lot is zoned for R-4 TOC TIRE 3 and offers a mix of 6 studios, 11 one-bedroom, and 12 two-bedroom units over six stories. Ideal for section 8, low-income housing, or market rent, the site is conveniently located in a dense neighborhood near transportation and major freeways. Seller may carry for qualified buyer.
Price Adjustment and Seller will finance with 30% down payment and below market interest rate! Lee & Associates Apartment Advisors is pleased to present Marco Circle apartments located in Venice, CA. First time on the market in 40 years! The property is situated on the world-famous Walk Streets of Venice, and is the only apartment property located on the idyllic Millwood-Venice walk streets. The 3,564 SF property is comprised of three duplex buildings of four x one bedroom/one bath bungalows, and two x two bedroom/one bath apartments. The property is situated on a 7,201 SF R2 Parcel. Soft Story retrofit work has been completed, and two recently leased units have been renovated. Subject to city of Los Angeles RSO. One unit is vacant. Across from recently constructed architectural single family homes. Please do not disturb tenants or walk on property. Please contact listing agents for more information.
