Great opportunity to purchase a freestanding warehouse on a corner lot in San Pedro. Previously an auto-body shop, this 1,740 square foot warehouse with high ceilings and an upstairs office has its own fenced-in parking lot that can fit 7 cars or more! Inside has space to fit 4 or more cars side by side (possibly 2 tandem depending on car size). Two entry doors, 2 tall two-car garage doors, bathroom on first floor, great street visibility and easy driveway access for unloading & loading.Located near restaurants, shopping, 22nd Street Landing, Cabrillo Beach, and the rising development of Ports O'Call Village. The city of San Pedro is rapidly improving to be future home/business hub of great innovators. Don't miss this amazing opportunity!!!
Built in 1987, this 9-unit apartment building stands as an excellent investment opportunity in the heart of vibrant Los Angeles. Nestled within a bustling urban center, it offers a quiet and well-maintained space, appealing to seasoned investors and newcomers alike. Conveniently situated near major transportation hubs, shopping centers, dining hotspots, and cultural attractions, the property boasts an unbeatable location. Each unit is thoughtfully designed to maximize space and comfort, featuring light-filled rooms and stylish finishes. With a diverse mix of unit sizes, there's something to suit every tenant's needs. On-site amenities enhance the overall living experience, ensuring long-term tenant satisfaction. With a strong rental history and potential for further income growth, this investment property presents an exceptional opportunity to capitalize on the thriving rental market in one of the world's most populous cities. Don't miss your chance to own a piece of prime real estate in this sought-after neighborhood. Schedule a viewing today to seize the opportunity to add this lucrative asset to your investment portfolio. Bonus: Not a Rent Stabilized Property!! Contact Agent regarding loan assumability!!
Proudly presenting 3544 Vinton Avenue, a 9-unit investment opportunity. This property consists of eight spacious 2-bedroom, 1.5-bathroom units, along with one 1-bedroom, 1-bathroom unit. Featuring 8,050 square feet of building square footage, the property was built in 1963 and the soft story retrofit has already been completed. Strategically located in the heart of Palms, mere steps away from the bustling energy of Culver City, this property offers unparalleled convenience and access to urban amenities. The prime location ensures a steady stream of potential tenants seeking the vibrant lifestyle synonymous with the area.Parking is plentiful with 11 spaces available, including 3 tandem spaces and 5 carport spaces, ensuring residents have ample room for their vehicles. The on-site laundry facilities offer added convenience and each unit is individually metered for gas and electricity The front two-bedroom unit will be delivered vacant at closing, offering investors the opportunity to renovate according to their preferences. This, coupled with the generously sized living spaces, presents a compelling opportunity for investors looking to maximize returns.With realistic upside potential in rents, this property stands as an ideal prospect for astute investors seeking long-term gains an
SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box busi
Well-maintained building with significant value-add opportunity - boasts an attractive unit mix with tremendous upside in rents to maximize ROI. Property is fully occupied, with all tenants on a month-to-month lease. It can be reverted to 10 units, as the single 2bd/2ba unit has two electrical meters - was originally two separate 1bd/1ba units. Has a common laundry area that provides extra income, and one on-site parking space allocated to each unit. Located in the Melrose Hill area adjacent to Larchmont, the property is perfectly situated to provide easy access to Central & West Hollywood, Downtown Los Angeles and Koreatown.
Ideal house in commercial zone on heavy traffic street. Perfect for construction Co, painting, electric, plumbing, etc... 3 parking spaces, storage in the back places, 3 bedroom + 2 bathroom residence. (check with city permit) Recently remodeled, brand new kitchen, new painting. Perfect for business and residence in the same place.
The Harbor View Apartments, located at 1223-1281 Anaheim Street in Harbor City, are a 48-unit multifamily complex is available for sale for the first time in 22 years. Current income is solid, and the investment boasts projected rental upside of approximately 40% +/-! The units themselves are all spacious 2 Bed / 1 Baths averaging about 1,000 square feet each. Units are all individually metered for gas and electricity, and there is a RUBS program implemented, helping reduce utility costs for ownership. Tenants will enjoy plenty of covered parking at the rear of the property (with small storage cubbies), onsite laundry, and attractively landscaped grounds. The property is comprised of twelve separate buildings across nearly two acres of land. While still being located in the South Bay, there is convenient freeway and transit access to most of Los Angeles! An asset of this size is rarely available for sale in the South Bay, and an astute investor will not want to miss their chance to own a reliable investment in a proven market.
Corner property has two address: House = 340 w. 62nd St & 4 units = 6210 Grand Ave. All units are 2 bedrooms & 1 bath. House & 2 units had been upgraded. Property is very private secured gate & fences with lock access. Property is well-maintained. Property has camera system in common area and parking areas. Property has many lights and well led at night. Total 10 parking space, 4 parking spaces in the front & 6 parking in the back. Each unit has 2 parking spaces.
Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40 unit complex consisting of open grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units, (20) 2 Bedroom / 1 bath units, and (8) 3 bedroom / 2 bath units. The property does not possesses any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. The property possesses significant income and equity growth potential with an in-place 4.45% cap rate and a 8.5% proforma cap rate on a proven loss to lease rent roll. Select units are renovated with proven renovated proforma rents. Runnymede Holiday Apartments is well located in the vibrant neighborhood of North Hollywood. Known for its artistic flair, diverse community, and convenient access to urban amenities, North Hollywood offers an enticing blend of entertainment, culture, and lifestyle opportunities. The property is located with quick access to Highway 170, The Burbank Airport, Iconic Noho Arts District, and various retail shops/centers in the immediate surrounding area. On
Mixed use Retail/Apt building in the USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC campus, this investment opportunity is ideal for a local investor and/or business owner looking to tap into the college rental market. It offers a true value add opportunity to reposition the property and maximize rents. The property is comprised of two structures totaling 3,592 SF with a corner building split into 3 retail units with one retail unit delivered vacant and parking in the rear. The multifamily building is a two story 4 unit property with all 1/1 units, month to month tenants, and Two units delivered vacant, allowing for immediate occupancy. The building was originally built in 1922 and sits on a total lot size of 5,058 SF on C2 zoned land. Prime Location near USC on Jefferson Blvd within the USC Patrol Zone, near Exposition Park, LA Coliseum, West Adams, Leimert Park, DTLA, Freeways, Restaurants & Shops.
$550,000 REDUCTION!! Welcome to 2016 Vista Del Mar, a boutique collection of 6 newly reimagined bungalows in the Hollywood Hills. AIH Development presents a modern take on LA's quintessential courtyard residences, providing a best-in-class turnkey investment property for a discerning portfolio. Behind a sleek exterior of custom milled cedarwood and iron fencing, with keyless entry, automatic driveway gate, and Door Bird guest communications system, the residences are centered around a serene landscaped and lighted courtyard. With a muted palette and clean architecture, four traditional 1 bedroom bungalows are each equipped with their own unique outdoor spaces ranging from side patios to private grassy yard spaces. A spacious 2 bedroom, 2.5 bathroom "Owner's Unit" is large standalone home, and a private 1 bedroom + office unit offers a lovely flow and private back yard. No expense was spared in the modernization of this community. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. The interiors provide a luxe and elevated style of living, with 7" wide white oak engineered hardwood flooring, shadow box moldings, custom window treatments and s
2415 Malabar Street is an 8-unit investment located in the historical neighborhood of Boyle Heights. The property boasts four (4) one-bedroom/one-bathroom units, three (3) two-bedroom/one-bathroom units, and one (1) three-bedroom/one-bathroom unit spread across 6,776 rentable square feet. The opportunity presents close to 35% rental upside that can be executed by upgrading the units as it becomes vacant. In addition, the units are separately metered for gas and electricity and situated one mile-away from major employment hubs such as Keck USC Hospital.
Boyle Heights. Do not loose the opportunity to invest in a property of this kind 6 units with 3 upgraded move in condition vacant yes vacant 3 bedroom 2 bathrooms inside laundry Air Conditioner, 2 bedrooms 1 bath split level AC and 1 bedroom 1 bath split level AC ready to be rented or offered as AirBnBjust for maximum income potential only a few steps from the Metro station and public Bus transaportation. Two of the 3 remaining tenants are open for a cash for keys agreement.
We are pleased to present for sale this rare Mixed-Use investment opportunity in one of LA's hottest locations Silver Lake! Offered for sale for the first time in 40 Years and strategically located on famous Sunset Boulevard, 2506 W Sunset is a 9,375 SF stunning brick building built in 1924. It is composed of (3) Ground Floor Retail Units and (7) Apartment Units on the 2nd Floor, with (3) Expansive Storage Units, poised for an ADU(s) (Buyer to Verify Feasibility). The property is situated on lot size of 5,700 SF, Zoned (Q) C2-1VL, Tier 3 TOC with 50 Foot Frontage and 35K CPD on Sunset Blvd, with Alley Access off Coronado Street with (8) Parking Spaces at the rear of the lot.2506 W Sunset Blvd is considered "Walkers Paradise" with a walk score of (92), where daily errands do not require a car.DO NOT DISTURB TENANTS. All Offers must be submitted on CAR form CPA with current proof of funds, schedule of real estate, and pre-approval if applicable. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the ability to construct ADU(s) or additional units. Do Not Walk on Property or Disturb Tenants.
Discover the perfect blend of commercial opportunity and residential comfort with this mixed-use property featuring a spacious front retail store boasting 50 feet of prime frontage on Lankershim Blvd. Ideal for entrepreneurs seeking high visibility and foot traffic, this property also includes a charming 2 bedroom, 1. bathroom house complete with an attached garage for two cars. Front retail building has 2 bathrooms, one in the office and one for the showroom. Whether you're looking to establish your business presence or enjoy the convenience of living and working in one location, this property offers endless possibilities.
We are proud to exclusively present for sale a 10 unit residential income property just outside of West Hollywood. The adjacent 9 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 35% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from 652 square feet to 936 square feet eachwith a Single at 295 square feet! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shop
Priced to Sell Promptly! This property offers a solid investment opportunity with all units featuring hardwood floors. The gas units were replaced just 3 years ago, adding to the property's value and efficiency. Each unit is a spacious 1 bed 1 bath layout, providing comfortable living spaces. The front building includes 4 units, while the back building features 1 unit, offering a manageable and attractive setup. The 4,273 sq ft building sits on a 7,505 sq ft lot with 5 parking garages. Located conveniently just south of Melrose Ave on Normandie, this property is in a prime location with easy access to amenities and transportation. DO NOT Disturb the Tenants!!!
We are proud to exclusively present for sale a 9 unit residential income property just outside of West Hollywood. The adjacent 10 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 40% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from just over 700 square feet to just under 1,000 square feet each! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shopping Dist
Excellent chance to own a multi-unit income property. There are two separate buildings: the front building has four one-bedroom units, each 900 sq. ft., and the rear building has a 3-bedroom 1800 sq. ft. unit. This 5-unit property has been well-maintained with many recent upgrades, including inside units, a succulent garden, security cameras, and a ring doorbell; all windows have new flashing and much more (list in Docs). Tenants occupy all units. Washer and dryer hookups and water heaters in each unit. It is gated and fenced, with five garages and a long driveway for ample parking. Easy freeway access. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
INVESTMENT HIGHLIGHTS: Marketing Package attached under Docs. Six (6) Large Units Located on Desirable Whitsett Avenue in North Hollywood; Apartments Average 848 square feet of Space; Current Cap Rate equal to 5.06%; Unit Mix of Two 2 Bd/1Ba and Four 1 Bd/1Ba Apartments; No Seismic Retrofit Needed; Per Apartments.com : "As of April 2024, the average rent in North Hollywood, CA is $1,875 per month. This is 24% higher than the national average rent price of $1,514/month, making NorthHollywood one of the most expensive cities in the US. When you rent an apartment in North Hollywood, you can expect to pay about $1,735 per month for a studio, $1,875 for a one-bedroom apartment, and around $2,414 for a two-bedroom apartment."
Bread and butter 10-unit apartment building in highly desired Mar Vista. Nice unit mix with 7 one-bedroom units, two two-bedroom units, and one studio. All units are very large with the one-bedroom units measuring over 700 square feet and the two-bedrooms are just under 900 square feet. The property is being offered at a very low price per square foot of improvements and with long time tenants with very low rents, there is a lot of upside in the building. Separately metered for gas and electricity. Laundry room provides additional income. Great Westside location close to the Sunday Mar Vista Farmers Market and trendy Washington Boulevard. First time on the market in many decades. Earthquake retrofit work has been completed.
INVESTMENT HIGHLIGHTS: Rare Offering Located South of the Boulevard in the Hills of Studio City; Corner Property with Expansive City Views; Three Separate Structures with Private Garages; Front Structure and the Rear Building each contain a Main House with Large Private Garden and Views; Peaceful Daytime Greenbelt Views; Sparkling Night time City Light Scenery; Residences are Extremely Bright with Multiple Windows and Sliding Glass Doors overlooking the City; All units Feature Private Yards, Individual Washers, Dryers, and Water Heaters; New Roof on Two Buildings; Copper Plumbing in Four Units; Front House is Gated and has beamed Ceilings, Formal Dining Room and a Fireplace; Rear House is Gated with Sliding Glass Doors opening up to a Large Private Garden; One Unit Delivered Vacant; No Seismic Retrofit Required; Very Low Operating Expenses; No Gas or Trash Bills, Low Water Charges.
commercial 3 stores are at the front of Jefferson Blvd. Barber shop, driving school, wood craft. mixed use commercial building with 1 bedroom 4 units upstairs. comfortable structure inside in each 1 bed room unit. total 7 units building. Do not disturb tenants. new electrical panel. NOI is 7.2. Good income property. great potential opportunity. near to USC and downtown and METRO much to be developed area.
