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
1366 South Burnside Avenue is a two story 16 unit apartment building with a central hallway located in the Wilshire Vista area just north of Pico Boulevard. Each 1 bathroom studio unit is individually metered with gas and electricity. Rents are current and the building is 100% occupied. The surrounding area is comprised of small apartment buildings and single family homes. Located just a few blocks away are restaurants, shops, and grocery stores.
This is a sale of the Property and the Business Opportunity Shell Gas Station located in the City of Los Angeles. Building is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District with exceptional exposure and frontage. The subject property consists of approximately 1,540 square feet of building situated upon 15,625 square feet of land. Gas Station has 6 pumps with 12 dispensers and is selling both gasoline and diesel. Subject property to be sold together with the Business Opportunity for $6,150,000. Excellent opportunity.
This is a very good investment opportunity in south Los Angeles, 8 Unit 2 bedrooms 1 bathroom each unit, there is ample parking ,sufficient parking for all residents.
730 Crenshaw Blvd is a 16-unit multifamily investment opportunity in the Wilshire Park neighborhood of Los Angeles, located just east of S Wilton Pl between Wilshire Blvd & W 8th St. The subject property was built in 1954 and features an impressive unit mix of 12 one-bedrooms and four two-bedrooms with parking at the rear of the property with no soft-story work required. The property is fully occupied with strong in-place cash flow and additional rental upside of over 29% as units turn; at the asking price, 730 Crenshaw Blvd is being offered at $218,438 per unit a t a 5.47% CAP rate and 11.43 GRM on current income. Renovated units feature spacious layouts with new vinyl plank flooring, stainless steel appliances, custom cabinetry, and updated kitchens & bathrooms; the property has a community laundry room and is separately metered for gas and electric. Dense, infill location with an easy commute for residents throughout Koreatown and to nearby neighborhoods of Fairfax, La Brea, Hollywood, Larchmont Village, Hancock Park, and Downtown Los Angeles. Located a half-mile from the Metro D Rail Line and close to multiple metro bus lines along Crenshaw Blvd and Wilshire Blvd. Opportunity to acquire a well-located asset with strong in-place cash flow and significant rental upside in a pre
M2649 Marengo Street is a 24-unit apartment property for sale in Los Angeles Boyle Heights neighborhood. The propertys desirable unit mix, spacious floor plans, huge upside potential, and great location proximate to Downtown Los Angeles amenities make this an excellent value-add opportunity. 2649 Marengo Street is a three-story, 29,096-square foot 1988 construction with a strong mix of six one-bed/one-bath, 10 two-bed/one-bath, six three-bed/two-bath, and two four-bed/two-bath units. The units boast extra large floor plans, making this property an attractive rental option. Each building has its own laundry room, and the property also offers a playground, 29 surface parking spots, and 22 tuck-under parking spots. Located in Boyle Heights, the property has easy access to Downtown Los Angeles entertainment and major employers, such as the nearby USC Medical Center. Boyle Heights proximity to Downtown has also made it a target of redevelopment in recent years, with nearby developments including new student housing, expansion at the medical center, a new hotel, and more.
This commercial property in the heart of Lincoln heights offers prime opportunities for builders and investors. With the potential to construct a 4-story building, featuring commercial space on the first floor and residential units on the upper levels, it presents a versatile investment prospect. Adjacent to this property the next-door "2800 N Main St" property is also available for purchase and will be sold together. Location is just west of Alhambra and minutes to LA downtown. BUILDING HAS 3 SEPARATE ELECTRICAL METERS. FRONT UNIT IS 3500 SF. W/CENTRAL AIR & FIRE SPRINKLER. BACK UNIT TOTAL IS 2124 SF. HAS BEEN DIVDED TWO UNITS. DRIVE BY ONLY, CALL L/A FOR APPOINTMENT TO SEE INTERIOR..
Must be sold with 634 E. Adams Blvd. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom (one non-conforming unit) and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Buyer to verify all information regarding number of conforming units, square footage and age. Must be sold with 634 E. Adams Blvd.
Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience and community engagement. Tenants enjoy the freedom to stroll to nearby attractions, enhancing tenant retention rates and property desirability for investors. Seize the opportunity to unlock hidden value and maximize returns by renovating units over time, elevating profitability and tapping into the ever-evolving rental market of Los Angeles. Reflecting the area's affluent demographic and strong purchasing power, the Fairfax district boasts a robust average household income of nearly 140K within a mile of the property, contributing to a favorable investment climate and sustained demand for quality rental accommodations. Overall, 610 N Spaulding Ave presents a compelling investment opportunity, characterized by long-term ownership, prime location, exceptional walkability, and pro
This commercial property in the heart of Lincoln heights offers prime opportunities for builders and investors. With the potential to construct a 4-story building, featuring commercial space on the first floor and residential units on the upper levels, it presents a versatile investment prospect. Adjacent to this property the next-door "2806 N Main St" property is also available for purchase and will be sold together, providing additional development potential, Location is just west of Alhambra and minutes to LA downtown. Great mixed use property on the corner lot of N. Main & Sichel St in Lincoln High Area. Front building use as retail or light manufacture & Plus 3 individual residential units in the back, each unit with 1 bed 1 bath has its own separate address and meters. Comments Title: Store & Residential.
Must be sold with 218 E. 27th St. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Must be sold with 218 E. 27th St.
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
Corner of Corning and Olin, 8 units, 4 of which are fully renovated with recessed lighting, quartz counters, hw floors, with 30% upside in the other 4 unit rents. Upgraded over $200K into property recently. SS retrofit completed and compliant. Laundry room with owned machines, 6 covered parking stalls, Call LA for more information.
Excellent investment opportunity located in the popular East LA neighborhood, close to Montebello. This gated fourplex consists of four spacious 2-bed/1-bath units, currently all occupied by tenants. The carport in the back offers safe & convenient off street parking. Property has great potential. There is easy access to freeways, and Downtown is only minutes away.
Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.
Fantastic opportunity to acquire a versatile MIXED-USE PROPERTY. The property has 2 different addresses 8308 S Broadway Built in 1935 with 2 distinct commercial spaces, each featuring its own restroom facilities. + storage space. 8310 S Broadway Built in 2001 with a 2 STORY RESIDENT offering 3 bedrooms and 2.5 bathrooms, occupied by the owner, but can be rented at $2600 monthly. One of the business operates as a Herbalife store, currently leased at $1300 on a month-to-month basis, offering flexibility to the new owner. The other business is not being rented. Prospective buyers and their agents are encouraged to conduct thorough due diligence. Great Opportunity to live and have your own business.
Presenting 1435 Alvarado Terrace in Los Angeles. This 30-unit apartment building is a value-add property with a 100%+ upside in rents in the high-demand Pico Union rental market area of Los Angeles. This value-added opportunity provides investors to acquire a well-located, well-maintained, professionally managed apartment building. The building has been consistently upgraded with recent major improvements that include new exterior paint including the steel hand railings. New Electrical Sub-Panels have been installed, and a new 4-inch waste-line and runs 200 feet from the building to the street. Fifteen of the units have been recently remodeled and upgraded with new paint, new kitchens, new countertops, new fixtures, new blinds, ceiling fans, hardwood, and tile flooring. There is beautiful hardwood flooring throughout all the building's hallways and stairs. The units have large new windows making the 9-foot ceiling units bright and welcoming. The front entry door has an intercom-controlled gate, and the building features many security cameras that can be remotely viewed 24 hours a day. It has an on-site laundry facility with a new water heater for the tenants. The building is separately metered for gas and electricity. The property will be delivered with significant upside potenti
This presents the perfect opportunity to invest in a consistent 4-unit property, including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9,108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Maple, this property offers convenience and accessibility. Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.
The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. T
Great investment opportunity mixed use 2 retail units on lower with lower level with 8 multi family unit on uper level. 1 detached single family in the rear of the property. Bulilding has 2 floors and is on a busy street with public parking. Property on a corner lot.
Upside of this property is in its proximity to USC and the enormous upside in rents. Owners have owned this property since 1972. Additionally, The garages have all been vacated to make room for (2) ADU's. Rents below reflect increase as of April 2024. If you add $200,000 for the addition of the (2) ADU's, your actual CAP Rate with current rents plus ADU rent would be 6.66%
A rare opportunity for an owner-user or investor to purchase a generational trophy property on Robertson Boulevard. This property was meticulously remodeled down to the studs in 2017 by Woodson & Rummerfields House of Design, creating a modern office space within two separate buildings. The entire property is privately gated, tucked away off of Robertson with two separate entry and exit driveways. The larger building, 1150, has a custom bowstring truss roof, a reception greeting entrance, a private conference room, seven private glass offices outfitted with custom Herman Miller Furniture, a full kitchen, communal office space, an IT room, two storage areas and two bathrooms. The second building, 1154, is outfitted with four private offices enclosed with floor to ceiling glass and steel, a communal office space with a lounge seating area, kitchen and two private bathrooms. This property is ideal for an owner-user seeking a high end office space to utilize the entire space or lease part of it out. Additionally, the property is zoned LAC2 which would greatly benefit medical usage particularly with the ample parking available. Close proximity to Pico and Robertson Boulevard making it easy to get to Beverly Hills, Century City, Downtown LA, Santa Monica, plenty of restaurants, shop
Introducing a meticulously maintained single-story building, constructed in 1988, with 1,596 square feet of interior space set on a spacious 4,624 square foot lot in a C2 zoning area, this property offers unparalleled convenience just minutes away from the 10 and 110 freeways. Boasting a prime location ideal for owner occupancy or investment purposes, the versatile layout provides ample opportunity for customization. With approximately 200 amp power, gas, and water lines already connected, this property is ready for immediate use. Don't miss out on the chance to capitalize on this prime location and transform this space to suit your unique needs!
Seller Carry Financing Available. Value-add investment opportunity located in the trendy Los Angeles submarket of Atwater Village. This 8-unit apartment complex features a diverse unit mix consisting of one very large 4 bed + 3 bath, two 2 bed + 1 bath, and five 1 bed + 1 bath units. Atwater Village boasts a vibrant community of with a mix of modern amenities and old-school charm. From trendy cafes and eateries to boutique shops and yoga studios, residents enjoy easy access to everything they need. With picturesque streets, parks, and the proximity to the LA River, the neighbourhood offers a relaxed yet dynamic lifestyle in the heart of LA. From the property, it's only a short brisk walk to the following neighborhood facilities: North Atwater Park, Chevy Chase Park, North Atwater Bridge, The Paddock Riding Club, River Ridge Club and Stables and much more along the LA River. Tuck-under retrofit work has yet to be complete, but plans are in place. This could offer a savvy investor the ability for ADU potential, buyer to research and verify at their discretion. Broker/agent do not guarantee the accuracy of the information pertaining to the size and condition of the property and its features provided by the Seller, though public records, or any other sources and Buyer is advised to i
