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Annie Culbertson &
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Mobile Phone:
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Annie Culbertson &
Debbie Rossetto

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annieculbertson@
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Los Angeles CA Real Estate & Commercial for Sale

686 Properties Found


151–175 of 686 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
11,774
Status:
Active
MLS#:
CL24374307
Type:
Business Opportunities
Lot size:
0.33 Acres
Year built:
1986
A broker reciprocity listing Courtesy: Kenneth Jacobi - South State Real Estate Managment, Inc. Kenneth Jacobi kjjacobi@outlook.com
View additional info

Approximately 12,000 sf building beautiful corner shopping center, perfect for owner user, with existing long term tenets. For sale $2,875,000 only. 50% below replacement cost.

Beds:
n/a
Baths:
Sq.Ft.:
6,000
Status:
Active
MLS#:
CL24374293
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1936
A broker reciprocity listing Courtesy: Joo Lee - WIN Realty & Properties Joo Lee joelee119@hotmail.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
7,674
Status:
Active
MLS#:
CRBB24061559
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
2024
A broker reciprocity listing Courtesy: Elizabeth Maddox - Myunits.com Inc. Elizabeth Maddox elizabeth@myunits.com
View additional info

2525 Hauser Bvd is a brand new 2024 construction 5-unit located in PRIME MID-CITY, just 2 minutes from Culver City! Delivered 60% LEASED with a 5.44% cap rate and an impossibly low price per door of $699,800, this is the new construction property you've been waiting for! Plus, you get all of this with SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2024 construction! 2525 Hauser is made up of two massive 4 bed, 4 bath tri-level townhome style units with rooftop decks (one rented at $4,900), two huge 3 bed, 3.5 bath tri-level townhomes style units with rooftop decks (one rented at $4,000), and one 2 bed, 1.5 bath unit with a spacious floor plan (rented at $3,000), and 8 parking spots. The excellent location, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, high ceilings, huge walk in closets, balconies off the living space, countless windows everywhere you look allowing for maximum light, natural wood water proof vinyl, roofto

Beds:
n/a
Baths:
Sq.Ft.:
5,041
Status:
Active
MLS#:
CRAR24061926
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Han Chen - Growth Investment Group Pasade Han Chen han.chen@growthinvestmentgroup.com
View additional info

62% Vacant! 5.71% CAP Rate - 5 out of 8 units are vacant and fully upgraded. 259 N Burlington Ave, an 8-unit Semi-Value-Add & High Vacancy (62% vacant) Opportunity in the Heart of the Historic Filipino Town. The property is three blocks from Echo Park Lake and centrally located near East Hollywood, Koreatown, Silverlake, Chinatown, and Downtown Los Angeles. This submarket has been on the uptick for years as more and more luxury apartment & retail units pour into the area, pushing the rental market over the last decade. Priced to sell at a strong CAP Rate of 5.70% and a proforma CAP Rate of 8.40%, this investment offers a very attractive rental upside of 33%. Built-in 1960, 259 N Burlington Ave consists of 8 exceptional units totaling 5,041 SF of building area on a sizeable 6,000 SF lot. The property is an easily maintained two-story building with a strong unit mix of (2) Two bedrooms + One Bathroom and (6) One Bedroom + One Bathroom Units. (1) Two-bedroom unit is a recently built ADU (Non-rent-control, buyer to verify), which was finished at the beginning of 2024. Deliverable with 5 Rent Ready Vacancies to provide robust CAP Rate of 5.70%, low GRM 12.40, and this investment offers a significant rental upside of 33%. The ownership has recently completed many sign

Beds:
n/a
Baths:
Sq.Ft.:
23,002
Status:
Active
MLS#:
CRSR24061953
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Warren Berzack - Lee & Associates Warren Berzack wberzack@lee-re.com
View additional info

The Peake is a recently constructed 32-unit modern luxury apartment community in the West Adams neighborhood of Los Angeles. The Peake is situated in a thriving focal point of Los Angeles for high-end living, retail, dining and entertainment with many transportation options and ease of access to many of Los Angeles popular destinations. High Quality Asset: The Peake offers investors a newly built, modern luxury, eco-friendly property that's extremely well-located. It also features an excellent mix of units and amenities. Prime Location: The Property is located in a coveted pocket of Los Angeles with superb transportation access. It lies just steps away from the Farmdale metro station, with many choice shops and restaurants nearby. It's prime location offers easy access to Hollywood, Downtown, and the beach. Luxury Complex: This 32-unit apartment community, developed in 2023, offers a host of luxury amenities, from eco-friendly living to iconic views, electric car charging stations, a courtyard with a BBQ and a fitness center. RUBS has been implemented for water, sewer, trash and gas (for hot water). Newly Constructed Units: Featuring studios, one, and two-bedroom apartment floor plans, all units include all electric appliances, in-unit laundry, gourmet contemporary kitchens, c

Beds:
n/a
Baths:
Sq.Ft.:
8,468
Status:
Active
MLS#:
CL24374059
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1991
A broker reciprocity listing Courtesy: Jae Sung Choi - Ivy Realty Co. Jae Sung Choi joseph@ivyrealty.com
View additional info

WOW!!! GREAT HUGE PRICE REDUCTION $500,000. SELLER WANT TO SELL QUICKLY. THIS APARTMENT IS SITUATED ON A CUL-DE-SEC NEAR THE INTERSECTION OF MELREOSE AVE AND NORMANDIE AVE.THIS BUILDING IS NESTLED BETWEEN THE THRIVING SUBMARKETS OF SILVER LAKE, KOREA TOWN, HOLLYWOOD AND DOWNTOWN LOS ANGELES. CONSTRUCTED 1991, THIS BUILDING FEATURES AN EXCELLENT UNIT MIX, CONTAINING EXCLUSIVELY TWO AND THREE BEDROOM APARTMENT. THIS APARTMENT HAS BEEN THOROUGHLY RENOVATED IN THE PAST 6 YEARS,WITH UPGRADES NEW CUSTOM KITCHEN CABINET AND COUNTER TOPS AND NEW HARDWOOD AND TILE FLOORING, INCLUDE UPGRADED BATHROOM. IN ADDITION TO PROVIDING STRONG CASH FLOW. THE GATED PARKING GARAGE CONTAINS SPACE FOR 18 CARS,PROVIDING TENANTS A RATIO OF TWO PARKING SPACE PER UNIT.

Beds:
n/a
Baths:
Sq.Ft.:
7,012
Status:
Active
MLS#:
CL24373541
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
1924
A broker reciprocity listing Courtesy: Chase Simonton - RE/MAX One Chase Simonton Chase@RemaxOneCommercial.com
View additional info

2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!!

Beds:
n/a
Baths:
Sq.Ft.:
4,629
Status:
Active
MLS#:
CRDW24060859
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Dieter Von Puschendorf - Century 21 Allstars Dieter Von Puschendorf dvpworld@gmail.com
View additional info

A unique opportunity for investors to own 11934-11940 Willowboork, Los Angeles, CA., a thriving men's tranformational sober living center. This property features 24 well-appointed rooms, providing a total of 44 beds to accommodate indviduals on the transformative journey. The flexibility of room configurations, ranging from single-bed setups, caters to varying needs and preferences. Strategically located in Los Angeles, this center benefits from a prime location with easy access to essential amenities and transportation. The current CAP rate of 8% highlights its strong profitable income-generating property, making it an attractive investment opportunity for discerning investors seeking a profitable business venture in the commercial real estate market. Don't miss out on the chance to invest in a thriving business and real-estate with a solid CAP reate and promising growth prospects. Contact us today to explore this lucrative investment opportunity ruther. The property comes with a conditional use permit (CUP) approved by the city in this neighborhood only.

Beds:
n/a
Baths:
Sq.Ft.:
8,340
Status:
Active
MLS#:
CL24373453
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Michael Monempour - Lyon Stahl Investment Real Estate, Inc. Michael Monempour michael.monem@lyonstahl.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
1,870
Status:
Active
MLS#:
CROC24060765
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Jinghang Martin - Advanced Real Estate Agency Inc Jinghang Martin jinrealtors@gmail.com
View additional info

Two units!!! This mixed-use property presents a rare and valuable opportunity for ambitious entrepreneurs and investors/ developers. This property boasts excellent visibility with significant street signage, perfect for capturing the attention of the high foot traffic in the area. The front unit of the building is currently in shell condition. It needs work / repairs, but open space is an ideal setting for a creative build-out that could cater to a variety of commercial uses (Buyers can verify city or county with regard to their intended use). In contrast, the back unit is currently occupied by a long-term tenant, although the current lease is month-to-month and well below the market rate, it presents a potential for growth in rental income, with the opportunity to renegotiate terms that align more closely with area averages.

Beds:
n/a
Baths:
Sq.Ft.:
9,240
Status:
Active
MLS#:
CL24373435
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Michael Monempour - Lyon Stahl Investment Real Estate, Inc. Michael Monempour michael.monem@lyonstahl.com
View additional info

1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years!The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.

Beds:
n/a
Baths:
Sq.Ft.:
19,776
Status:
Active
MLS#:
CL24373011
Type:
Business Opportunities
Lot size:
0.45 Acres
Year built:
1928
A broker reciprocity listing Courtesy: Errol Spiro - Miller & Desatnik Realty Co. Errol Spiro errol@mdrealtycorp.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
4,100
Status:
Active
MLS#:
CL24373209
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Kelly Morgan - KW Advisors Kelly Morgan Kelly@KellyMorganCommercial.com
View additional info

8417 S. Halldale Ave consists of six units spread across three separate buildings, offering tenants enhanced privacy. Five of the units have been tastefully upgraded, including two brand-new ADUs. The property boasts a solid 6.52% Cap Rate, with potential for growth up to 7.76%. It also presents an 11.08 GRM and a 14.43 IRR, indicating favorable investment returns. Conveniently located, it's just a 10-minute drive to the SoFi Stadium Complex and has a respectable 78 Walk Score, indicating its walkability, and a 55 Transit Score, reflecting good transit options. Additionally, five units have undergone electrical rewiring, while three units feature copper plumbing and two have PEX plumbing. The two ADUs have been equipped with new roofs, ensuring longevity and minimizing maintenance costs.***CONTACT US FOR AN OM***

Beds:
n/a
Baths:
Sq.Ft.:
7,492
Status:
Active
MLS#:
CRAR24057967
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1990
A broker reciprocity listing Courtesy: Sitong Liu - CBD Investment Inc T.C. Sitong Liu laratherealtor@gmail.com
View additional info

Pinnacle and Coldwell Banker Dynasty are delighted to present a remarkable investment opportunity at 5335 Huntington Dr N, featuring an 8-unit multifamily building. Spanning 7,492 square feet of leasable area, this property is strategically situated on a 0.17-acre lot. Constructed in 1990, the building boasts recent enhancements, including an upgraded roof and fresh exterior paint, reflecting our commitment to maintaining the property's integrity and appeal. Under professional management, this asset generates an impressive annual income over $142,000. While the interiors of the units remain unrenovated, they are in respectable condition, offering significant potential for rental income growth post-renovation. Located in an area zoned LARD1.5, the property holds immense potential for high-density housing development, adding a layer of future value for the discerning investor. Close to Alhambra and South Pasadena, this location offers unparalleled convenience. Essential amenities and leisure options, such as Costco, Target, and a variety of restaurants and shopping destinations, are all within a mere 6-minute drive. This property represents a unique opportunity to own a piece of prime real estate with considerable upside potential.

Beds:
n/a
Baths:
Sq.Ft.:
2,863
Status:
Active
MLS#:
CL24372915
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Hye Kyung Hwang - Redpoint Realty Hye Kyung Hwang tiffanyredpoint@gmail.com
View additional info

Amazing investment with 9.5% Cap. Welcome to this charming short-term rental property, perfect for investors or those seeking a lucrative income opportunity. This beautifully maintained property features 13bedrooms and 8 bathrooms , closed to 10FWY and Koreatown, USC, DTLA. making it an ideal choice for short-term stays. Whether you're looking to expand your rental portfolio or simply want to capitalize on the booming short-term rental market, this property offers both convenience and potential for high returns. Don't miss out on this excellent investment opportunity and schedule a viewing today!

Beds:
n/a
Baths:
Sq.Ft.:
10,858
Status:
Active
MLS#:
CL24371201
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1928
A broker reciprocity listing Courtesy: Adam Kanizo - Paloma Realty Partners, Inc. Adam Kanizo adam@lndrealty.com
View additional info

650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.

Beds:
n/a
Baths:
Sq.Ft.:
6,466
Status:
Active
MLS#:
CL24373025
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1924
A broker reciprocity listing Courtesy: Jason Tuvia - Marcus & Millichap Jason Tuvia jtuvia@marcusmillichap.com
View additional info

We are pleased to present a twelve (12) unit apartment building located at 4212 Lockwood Avenue in Los Angeles, California. The subject property is located in a prime Virgil Village location one (1) block from Silver Lake, south of Santa Monica Boulevard and east of Virgil Avenue. Built in 1924, this property contains a great unit mix of ten (10) one-bedroom / one-bathroom units and two (2) two-bedroom / one and a half-bathroom brand new construction townhouse style units. These character, Spanish style bungalow units are well-maintained with a lovely center courtyard. Select units are fully renovated. The two (2) ADUs in the back are three-story townhouse style units detached from the main structure with a large balcony on each, in-unit laundry, and premium finishes. Tenants will love living one (1) block away from Silver Lake, just down the street from incredible retail, restaurant, and entertainment amenities along Sunset Junction. Some of these amenities include Erewhon, Intelligentsia, The Black Car, 4100 Bar, Naturewell Vegan, Warby Parker, Madewell Men's, Yolk, La Colombe Roasters, and many more. The area invites young professionals with central access to Downtown and Hollywood employment hubs. Situated in a prime Virgil Village location one (1) block from Silver Lake, thi

Beds:
n/a
Baths:
Sq.Ft.:
6,710
Status:
Active
MLS#:
CL24372817
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Derrick Vartanian - Lyon Stahl Investment Real Estate, Inc. Derrick Vartanian derrick@lyonstahl.com
View additional info

We are proud to present the Bentley Avenue Apartments. Explore an outstanding investment opportunity at 3709 S Bentley Ave. Nestled in the highly sought-after submarket of Palms in West Los Angeles, this well maintained 8 unit apartment building is located just north of Venice Blvd and east of the 405 Freeway. It offers tenants the chance to reside in one of the most vibrant and desirable pockets of Los Angeles. With a total square footage of 6,710 square feet on a spacious 7,559 square feet lot, this mid-century gem seamlessly blends classic charm with modern functionality. The central location of the property provides easy access to local freeways, facilitating convenient commuting and travel throughout Los Angeles. Built in 1965, the property has undergone significant capital improvements, including the renovation of 4 out of 8 units. These upgraded living spaces, combined with a brand-new roof installed in 2023, a newer water heater, and copper plumbing throughout, ensure tenant satisfaction, energy efficiency, and reduced maintenance costs for investors. The property features: One (1) Two Bedroom / Two Bathroom Unit, Four (4) Two Bedroom / One Bathroom Units, Two (2) One Bedroom / One Bathroom Units, and One (1) Bachelor Unit. Despite the renovation of half of the units, the

Beds:
n/a
Baths:
Sq.Ft.:
2,664
Status:
Active
MLS#:
CL24373397
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Jonathan Weir - Marcus & Millichap Jonathan Weir jweir@marcusmillichap.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
4,360
Status:
Active
MLS#:
CRPW24059683
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1895
A broker reciprocity listing Courtesy: Charles Lee - One Group Realty Charles Lee CHARLESLEE@ONEGROUPREALTY.COM
View additional info

Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle. Surrounded by Lincoln Heights's energy and easy access to the freeway, the property is ideally situated for both commercial and residential endeavors. With Low Month to Month Lease APT Units can be a promising investment opportunity with significant potential upside for future development and growth. Investors keen on tapping into the dynamic real estate landscape of Los Angeles will find this type of PROPERTY compelling, offering short and long-term value appreciation.

Beds:
n/a
Baths:
Sq.Ft.:
4,555
Status:
Active
MLS#:
CRPW24058986
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1906
A broker reciprocity listing Courtesy: Jerry Magdaleno - 1Vision Real Estate Jerry Magdaleno jerrymagdaleno06@gmail.com
View additional info

Step into the heart of Lincoln Heights and discover an exceptional opportunity awaiting you. This remarkable property boasts three distinct buildings: a Single Family Residence, a Four-Plex, and an ADU, each contributing to its unique charm and versatility. The main residence features a spacious layout with 5 bedrooms and 2 bathrooms, while the Four-Plex comprises 3 units offering 1 bedrooms and 1 bathroom, alongside 1 additional units with 2 bedroom and 1 bathroom. The ADU comprises of 2 bedrooms and 1 bath. With such diverse accommodations, this property presents an enticing 4.25% cap rate, providing investors with an immediate avenue for cash flow. Benefiting from recent renovations, including upgraded windows, electrical enhancements with proper permits, plumbing improvements with new water heaters (all permitted), and refreshed water sewer lines, this property ensures both modern comfort and compliance. Additionally, it boasts separate gas/electric meters and 2 water meters for added convenience and efficiency. Perfectly located mere minutes away from USC Medical Campus, Keck Hospital, downtown LA, public transportation hubs, Dodger Stadium, and major freeways, this property offers unparalleled accessibility to key amenities and destinations. Don't miss out on this prime opp

Beds:
n/a
Baths:
Sq.Ft.:
6,412
Status:
Active
MLS#:
CL24372765
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Max Lee - Real Broker Max Lee Hellomaxlee@gmail.com
View additional info

Possibly more units can be delivered VACANT AT CLOSE OF ESCROW. HUGE BEDROOMS, LARGER LIVING ROOMS. First time in the Market in 34 years!! EACH UNIT HAS IT'S OWN CENTRAL A/C. This subject property is a two-story 8-unit apartment building constructed in 1965 with classical and Modern touch architecture situated on a Hard Corner Lot. The rents are significantly below market. The property could also generate additional income potential using the ADU process to add dwellings (buyer to verify). The landlord pays for trash service, but there are separate gas and electric meters for each unit, which the tenants pay for. The property is located within few minutes to Larchmont Village, Restaurants, and Markets, which is a quiet residential neighborhood. Also, provides convenient access to the 10 freeway, Mid-Wilshire, Koreatown, Downtown LA, USC, and has a walk score of 82 (Very Walkable). This offering provides huge upside in future income with stability of current income as it is 100% leased with all tenants paying their full rent on time. One 2 bedroom 1 bathroom unit can be delivered vacant at COE. VERY WELL-MAINTAINED BUILDING, RETROFITTING IS DONE. WELL GATED, QUIET STREET. COIN-OPERATED LAUNDRY FACILITY. BUYER TO VERIFY ALL FACTS.

Beds:
n/a
Baths:
Sq.Ft.:
5,316
Status:
Active
MLS#:
CL24372723
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Peter James - Lyon Stahl Investment Real Estate, Inc. Peter James peter@lyonstahl.com
View additional info

We are pleased to present 2939 Brighton Ave in the trendy West Adams submarket of Los Angeles just south of Adams and west of Normandie Ave. 2939 Brighton Ave is a charming 7 unit offering, with 2 units in the front building and 5 bungalow units in the rear of the property. 2 units will be delivered vacant at the close of escrow. The subject property is located on one of the more highly desirable streets in the West Adams area on a block consisting of mostly single family homes offering a quiet reprise in the middle of Los Angeles. The property features an excellent unit mix consisting of (4) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (1) 2 Bed / 2 Bath / Den units on a large 7,100 square foot lot. An investor will benefit from 2 vacancies in the building, which will allow them to capture top of the market rents with tenants being drawn to the recent influx of trendy new restaurants, cafes, and businesses along Adams. Contact listing agents for an offering memorandum.

Beds:
n/a
Baths:
Sq.Ft.:
4,052
Status:
Active
MLS#:
CL24372657
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1895
A broker reciprocity listing Courtesy: Peter James - Lyon Stahl Investment Real Estate, Inc. Peter James peter@lyonstahl.com
View additional info

We are pleased to present 2104 Park Grove in the USC Patrol Zone, in a great pocket just north of campus. 2104 Park Grove Ave is a 6 unit value add opportunity, with a potential ADU development, and a robust student demographic offering a unique value-added opportunity. 1 two bedroom unit will be delivered vacant at the close of escrow. With student housing in the surrounding neighborhood, the subject property offers an investor the ability to capitalize on the student renter demographic creating significant upside potential. The property is just north of the USC Campus and the USC Village, which includes a variety of shops, dining, an amenities, such as Starbucks, Trader Joes, Sunlife Organics, Corepower Yoga, Target, and many more offerings making the area amenity rich for tenants. Call Listing agents for an Offering Memorandum.

Beds:
n/a
Baths:
Sq.Ft.:
5,624
Status:
Active
MLS#:
CL24372459
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Oron Maher - Maher Commercial Realty Oron Maher oron@mahercr.com
View additional info

We are pleased to present a value-add 8-unit apartment building in the heart of East Hollywood, just blocks from Virgil Village, Silverlake, and close to Los Feliz and Hollywood. The subject property consists of eight one bedroom, one bath units of which two will be delivered vacant. This property comprises of two buildings totaling approximately 5,624 square feet on an approximately 6,970 square foot parcel of land zoned C4-1D. The lot is zoned C4-1D and is in Tier 3 of TOC (transit-oriented community) allowing for the development of +/- 29 units using TOC, and potentially more units using ED1 as a 100% affordable project. Currently there is room for four car parking (two tandem spaces) and addition courtyard space. There is likely enough room on this site to build a detached ADU. Buyer to verify all development potential with their own architect. All development is subject to the Vermont/Western Station Neighborhood Area Plan. Seller and Broker make no representations as to developability of this property. At this time the building is master leased to APLA Health but will be delivered with no master lease in place. All of the leases are with Section 8 tenants and five of the six remaining tenants are paying significantly below market rents. There is immediate upside by increasi

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/27/2024.

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