We are proud to exclusively present for sale a large commercial building in Echo Park perfectly suited for a Creative Office space, a restaurant or bar, with tremendous visibility and generous parking, just two blocks to the Echo Park Lake! Also available is a designer Construction Project for the site. The existing building has been used for years by United Independent Taxi, a source of income that could remain during the planning stages. With over 6,000 SF of space plus 30 parking stalls, the property can be adapted to many different uses. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Or build a Meticulously designed to be the stand-out of the area, this 47 Unit + 5 ADU Potential Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close
6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.
Discover this real estate opportunity just 4 minutes away from the iconic Sofi Stadium! This office building boasts two spacious office spaces, 1.5 baths, and kitchen, providing the ideal mixed-use setting for your living/business endeavors. With the convenience of private parking for up to 4 vehicles, your clients and employees will enjoy easy access. The expansive lot offers many possibilities, allowing you to tailor the space to your needs. Seize the chance to own a property with outstanding potential!
In business for over 35 years and an expansive clientele, this rare investment opportunity presents a thriving mechanic shop strategically located on Broadway, near Manchester. Boasting a coveted position in a high-traffic area, this property offers significant potential for both investors and owner-users alike. An 878 square foot building situated on an expansive 8,507 square foot lot. Currently operated as a successful owner-user auto shop, generating a monthly gross revenue of $20,000 to $25,000. Well-established within the neighborhood with a loyal clientele base. Additional income streams from three included tenants, enhancing the property's cash flow potential. The owner does not intend to continue as a tenant post-sale, providing a seamless transition for a new owner. Property can be delivered vacant or sold in its current condition, offering an opportunity for investors to customize and enhance according to their vision. Prime location ensures enduring value and continued demand in the local market. Don't miss the chance to secure this lucrative investment or owner-user opportunity in one of the most sought-after auto corners. Whether you're an investor seeking reliable income or an entrepreneur looking to establish or expand your business, this property promises exceptio
4-unit were added and completed in 1988 to the original house. Located in the high demand rental area of El Sereno. Excellent unit mix with (1) 2 bedrooms, 1 bath; (3) 2 bedrooms 1.5 baths & (1) 3 bedrooms, 1.75 bath. Energy star roof with a 30-yr warranty was installed in June 2022. Most units' water heaters were replaced within the past 4 years. Each unit has 2 parking spaces on site. Individual gas and electrical meter. Tenant pays for all utilities including electricity, gas and trash, except water. El Sereno is an upcoming city, adjacent to Alhambra, Highland Park, S. Pasadena. 10-15 Minutes drive to Costco, Home Depot, USC and Cal State L.A. Walkable score at 95. Lots of upside rent potential for new owner. All rents are current, no behind payment. Only approximately $303/sq.ft. Submit your offer before it is too late!!
We are is proud to present this newer construction 22-unit multifamily property located at 5026 Rosewood Ave, Los Angeles, CA 90004. Built in 2017, the property is 100% non-rent controlled. This 31,506 square foot property sits on a large 0.31-acre lot, and it boasts an excellent unit mix of (16) 2 bed units and (6) 3 bed units. The units are very large with the average unit being about 1,400 square feet.All units come with a full suite of new stainless-steel appliances, central HVAC system with NEST thermostat, a private balcony, and an in-unit washer & dryer. The very secured and gated property has a subterranean parking lot operating by an automatic gate with ample parking and bicycle storage, and the tenants also have convenient access to an elevator serving all four floors.At $379 per square foot, this offering is priced below replacement cost, and it offers the buyer an estimated 16% upside potential on current rental income. Hancock Park is a distinguished and affluent neighborhood located in central Los Angeles, celebrated for its picturesque tree-lined streets and historic charm. This prime location offers a serene residential atmosphere while maintaining convenient access to the vibrant cultural and culinary offerings of nearby Hollywood and Downtown Los Angeles. With t
Pleased to present the opportunity to acquire 15456 Vanowen Street, a 12-Unit investment opportunity located in Van Nuys, CA 91406. ASSUMABLE 3.75% FIXED RATE FINANCING! Great unit mix composed of (8) one-bedroom units and (4) two-bedroom units. Soft Story Retrofit has been completed!
1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.8 GRM with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.
*****NOTE!! PROPERTY TO BE SOLD TOGETHER WITH 2200 WELLESEY (NEXT DOOR), TOTAL PRICE FOR BOTH $5,400,000.00.***** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) 2200 Wellesely and 12222 Exposition are 2 contiguous lots, which both benefit from the highly coveted LAR3 TOC Tier 4 Zoning. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. Property can be delivered vacant. *: Feasibility study obtained by Seller's agent from third party. Se
****NOTE!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $5,400,000.00**** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) Offering is two Contiguous Lots, 9416 Square Ft total. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said i
Incredible investment opportunity in the heart of Los Angeles! This property boasts 10 units, including 6 residential apartments and 4 commercial stores, offering a versatile and lucrative investment potential. Located just moments away from Downtown LA, USC, the Banc of California Stadium, and the bustling Crypto center, this property is strategically positioned to attract both residential and commercial tenants. Residents will enjoy convenient access to shopping, dining, and vibrant nightlife, making it an ideal choice for those seeking a dynamic urban lifestyle. With its prime location and diverse income streams, this property represents a rare find in LA's competitive real estate market. Don't miss out on this chance to own a piece of LA's vibrant urban landscape!
Step into a piece of history with this charming mixed-use property 5501 and 5505 Alhambra Ave nestled in the heart of historic El Sereno. Offering a unique blend of commercial and mixed use, this property presents an exceptional opportunity for investors and homeowners alike. This property enjoys a prime location with convenient access to local shops, restaurants, and cultural attractions. Embrace the rich heritage of the area while being just moments away from the bustling city life of Los Angeles. The property features Two APN'S 5220-023-014 & 5220-023-015 Sold Together four residential living units, offering a total of 2,870 square feet of living space and 2,740 square feet lot. Two units boast 2 bedrooms and 1 bathroom each, providing comfortable living quarters for residents. Another unit offers 3 bedrooms and 1 bathroom, 5 Electrical and Gas Meters. Perfect for larger households seeking ample space. Additionally, a detached unit provides privacy with 1 bedroom and 1 bathroom, ideal for rental opportunity. A storefront commercial space APN 5220-023-015 comprising 370 square feet and 5,167 square feet lot presents endless possibilities for entrepreneurs and small business owners. Whether you envision a boutique shop, cafe, or office space, this area offers the perfect canvas
We are pleased to present an 8 multi- unit residential property located in the thriving historic Filipino town community, also known as HiFi, which is known for its diverse culinary scene. It is closely bordered by the eclectic and popular neighborhoods of Silverlake and Echo Park. Its central location provides easy access to the citys amenities and attractions, including a multitude of dining and entertainment options. Built in 1958, this multi-unit investment property, consists of eight units with 7 on-site allocated parking spaces. Each unit features two-bedrooms with 1 bath. Five units will be delivered vacant and are therefore primed for transformation. This property offers the perfect canvas for investors looking to revitalize and enhance rental units in a sought-after location, with an easy to operate cash flow property and long term rent appreciation. The 5 vacant units can be rented at market rents with value-added upgrades that maximize tenant appeal. Schedule a tour or contact us for a financial summary for a breakdown of revenue, expenses, NOI, and cap rate.
The Baldwin Street Apartments are in a highly desirable location in Lincoln Park, providing easy access to the 5 freeway and is a just a short 10-15-minute drive to popular restaurants, shopping centers, and top-ranked Medical educational institutions. Located in the heart of Lincoln Park, the property is near the University of Southern California Health Sciences Campus Los Angeles County and is conveniently positioned with just a short drive to Burbank, North Hollywood and Glendale. Significant local landmarks within a 20-mile radius include: Griffith Observatory, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. Totaling 9 -units, The Baldwin Street Apartments is a 2-story property, built in 1975. A double lot situated on 7502 square feet of land and a total building size of 6986 square feet, the property features a unique unit mix of eight 1 bed one bath & a singular 4-bedroom 2 bath unit. The units feature wall air conditioning and heating, ceiling fans, vertical blinds and kitchens with quality appliances. There is a large amount of uncaptured potential revenue, including instant additional income when you start charging for laundry and for on-site parking. City has said two ADU could be added to this site. Please confirm with city.
Exceptional investment opportunity! This 8-unit apartment complex is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for investors seeking to capitalize on the city's bustling urban scene. With its strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!
Here's an exceptional opportunity to own a superb property in a highly sought-after location. This building not only boasts low-maintenance upkeep but also offers ease of management, making it an ideal investment choice. The majority of units feature distinctive high vaulted ceilings, enhancing their allure and appeal.This property includes three garages and seven carports, providing ample parking space for residents. With central water heating and separate utility metering, it offers added convenience and efficiency. Additionally, tenants benefit from a dedicated laundry room within the building.Bringing forth immense potential, this property is strategically situated in a central location. It comprises a diverse mix of units, including a spacious 3-bedroom, 1.5-bathroom unit, a comfortable 2-bedroom, 1-bathroom unit, four cozy 1-bedroom, 1-bathroom units, and three single units with 1 bathroom each.Conveniently adjacent to Leimert Park, residents enjoy easy access to public transportation, including trains and buses. Don't let this remarkable investment opportunity slip by!
Experience a truly unique gem nestled in the heart of Leimert Park - a stunning Spanish-style beauty showcasing six impeccably maintained units. Many of these units have been extensively remodeled and upgraded, boasting modern touches like new flooring, granite countertops, and elegantly renovated bathrooms.The building features two spacious 2-bedroom, 1-bathroom units and four generous 1-bedroom, 1-bathroom units. Each residence offers a sizable living room and dining area, with select units boasting decorative fireplaces and higher ceilings for added allure.Moreover, this property offers the convenience of garage parking and on-site leased washer and dryer facilities, further enhancing its appeal to potential tenants.Perfectly positioned in a central location, this investment property grants easy access to shopping centers, diverse dining options, and entertainment hubs, solidifying its attractiveness to renters. This rare opportunity in the vibrant Leimert Park area won't linger on the market for long.
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.
Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only!
Two Adjacent Lots in the middle of Boyle Heights Corner of First St and Mott, one block east of First and Soto.Lot One consist of a Duplex 2 Bedrooms one Bath and a I Bedroom 1 Bath. Lot Two consists of a Commercial Building at the Corner of First and Mott attached to a Triplex. Great Opportunity to own income property and a great piece of Land for future development .
Attention!! A Rare Investment for the Savvy Investor!!!This isn't your average multi-unit offering. 3522 Maple Ave presents a unique opportunity to acquire a charming 5-unit building in a Trendy Los Angeles location. This property is for those who take pride in craftsmanship and appreciate potential. Boasting high ceilings, generous square footage (4,032 sq ft!), and a classic architectural style, this well-maintained building offers a solid foundation for your vision. Here's what sets this opportunity apart: Unleash Hidden Potential: Renovate and personalize the spacious units, maximizing future value. Built to Last: Enjoy peace of mind with a recent copper plumbing upgrade (2019). Prime Location: Nestled in an up and coming LA neighborhood, residents will enjoy easy access to the city's vibrancy. While all information is presented in good faith, verification for all details is recommended before purchase.
Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double lot and rents have upside. Please do not disturb teants. Interior pictures of all the units in supplements.
KW Commercial proudly presents 2641 Riverside Terrace, an exquisite bungalow-style apartment community comprising six units, ideally situated in the highly sought-after Silver Lake neighborhood of Los Angeles. This unique property offers a diverse unit mix, including a spacious 3-bedroom/2-bathroom unit, three comfortable 1- bedroom units, and two charming single units. Parking is provided with three 1-car garages. Each unit in this meticulously maintained building showcases a distinctive layout and design, seamlessly blending vintage charm with modern amenities. These units feature updated kitchens equipped with stainless steel appliances, and stylish bathrooms. The inclusion of mini split air conditioning units ensures highly efficient heating and cooling in each unit. A standout feature of this property is the private enclosed outdoor spaces, offering tenants a tranquil retreat for relaxation and entertainment. Sitting on a 4,800 square foot lot, this 1921 property underwent a comprehensive renovation in 2020, both inside and out. The renovation included new flooring, kitchens, bathrooms, tile work, hardscaping, stucco, and more, ensuring a modern living experience while preserving its timeless charm. The property is situated in Silver Lake, surrounded by cafes, entertainment
6-unit charmer in Mid-city for an owner-user or an investor with a vacant 2 bed for sale!! It currently has a great income but has room to add more with the vacant unit! There are two separate buildings on one lot, the 4 units in the front are 2 bed 1 bath, and the two units in the back building are 1 bed 1 bath. Total of 6 parking spaces. Washer & Dryer on site to have an additional $200 per month. Two of the units are remodeled. Ask the seller's agent regarding the assumable financing. Call now before this one is gone!!
We are pleased to present for sale this Fully Remodeled, mid-rise, true pride of ownership 9-unit multi-family apartment complex located in the East Hollywood area at 601 North Normandie Avenue. ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth stucco, New doors, New Iron handrails, New Kitchen. Built in 1990, this property is a truly unique investment opportunity that is not subject to Los Angeles City Rent Stabilization Ordinance rent control. Amenities include central heating and air, granite counter tops, vinyl floors, controlled access, gated, tankless water heaters, separately metered for gas and electric, stainless steel appliances, sprinkler system, secured parking for approximately 12 spaces, laundry facilities on premises. The subject property sits on a lot size of approximately 7,353 square feet and the building square feet is approximately 5,724 square feet. Unit mix consists of nine (9) one bedroom, one bath apartments, currently used as Short Term Rentals. Call Listing Agents for details and showings. Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire, close t
