We are proud to present 14375 Polk St., a 23-unit apartment building located in Sylmar. Built in 1964, the subject property sits on a 19,797 square foot lot and offers a mix of unit types, including 13 one-bedroom/one-bathroom units, 7 two-bedroom/one-bathroom units, and 3 two-bedroom/two-bathroom units, totaling 15,848 square feet. Recent capital improvements made to the property include seismic retrot work, a repaired roof, and interior renovations to select units that include new counter-tops, cabinets, and sinks in the kitchen, new vinyl / carpet, and ooring, along with re-glazed bathtubs and new tile. The 23 apartment units bring in a combined $32,153 of rent per month, or $385,832 per year. A recent rent survey suggests full market-rent potential at $41,715 per month, or $500,580 per year, presenting an investor with approximately 30% upside potential. The property is secured by a gated, on-grade parking lot as well as a gated front entryway to the courtyard. Tenants enjoy on-site laundry, which creates $3,000 of additional income to the owner annually.The property is also being offered with an attractive assumable loan from Chase Bank with a $1,950,000 assumable balance at a 3.73% interest rate x ed through May 2027. Sylmar, located approximately 25 miles northwest of Down
Prime investment opportunity in the heart of South Central Los Angeles Area. This corner lot is a rare gem, situated on the bustling intersection of Normandie Ave and Manchester Ave, offering exceptional visibility and access. Ideal for investors and owner-users alike, this property presents a multitude of development and investment prospects in a thriving market. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records and the actual size of 23326. Currently, the property is fully paved and fenced and hosts three tenants operating in the auto-related sector with month to month lease. The property holds potential for transformation into a gas station, drug store, fast-food restaurant, or neighborhood retail services hub. Property tours are limited to the exterior only, with tenants undisturbed. For interior viewings, please coordinate with the listing broker.
Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 5% interest for 5 years, with a $1,350,000.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with w
Las Casitas is a 5-unit apartment building at 743 N. Occidental Blvd. in the desirable Silverlake neighborhood of Los Angeles. Extensively renovated in2023, the property offers renters a high-demand mix of two 1-bedroom/1bath, one2-bedroom/1-bath, andtwo3-bedroom/2-bath units across 3,560 square feet of improvements on7,100 square feet (0.16acres) of land. Las Casitas is a 1920s Spanish house with four separate bungalows that give tenants the feel of a home. Originally built in 1927, the units were taken down to the studs in 2023 and rebuilt with new hardwood floors, kitchen cabinets, countertops, stainless steel appliances, designer tiles, fixtures, and lighting. The bathrooms have been updated with modern vanities, tiles, bathtubs, and hardware. The units have new windows, split system conditioning units, and in-unit washers and dryers. In addition, the building has copper plumbing, new electrical system & wiring, exterior paint and landscaping. The charming Spanish architecture, resort-style feel, and location are major draws for Las Casitas. Additional drivers leading to the high rents being achieved include the elevated renovation level and designer touches. Tenants have proven they are willing to pay more for a premiumproduct which far exceeds the level of detail found at c
IRN Realty is proud to exclusively showcase for sale this 6-unit mixed-use retail and apartment complex in the heart of East Los Angeles. The property is comprised of a 4-unit street retail building with a detached 2-story duplex. The total building square footage is 6,746 SF and it resides on a 9,600 square foot lot. The mixed-use asset has two separate buildings in tandem, approximately 5,030 SF of 4 unit street retail in the front and a 2-story 1,716 SF residential building located in the back. The property is zoned as C2, subject to the Citys Rent Stabilization Ordinance (RSO) and is neither located in an Opportunity Zone nor a HUBZone. In 2012, a building permit was issued for the building addition of the first floor apartment structure at 2639 Whittier Blvd. (Buyer to Verify). The official address of the subject property is 2631 2639 Whittier Blvd, Los Angeles, CA 90023. Immersed in the rich culture of Los Angeles, this mixed-use asset was originally built in 1947. The building has served the Boyle Heights District for many decades and has a traffic count of approximately 30,000 people per day. It is in close proximity to the major freeways including the I-5, US-101, CA-60 and I-10. Current tenants offer a nice assortment of services including: restaurant, bar caf
5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over $60,000 in recent capital improvements. Some of the recent improvements included upgrading trash bins to city dumpsters, new eco-friendly irrigation, exterior paint, partial roof replacement, concrete work & individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 6 units and 4,092 square feet of living area in total. The property features (6) 2 bed / 1 bath units and offers savvy investors the opportunity to capitalize on over 100% upside in the current rents. Offered at a competitive basis, this property is nestled in one of the fastest growing neighborhoods Los Angeles has to offer.
Six Figure Producing Business for Sale! In Prime location of City Terrace minutes from major freeways and DTLA. All Equipment, Contracts, licenses (Beer and Wine / Tabacco), Merchandise to be included in sale. Recently remodeled and upgraded cooling system for all product. Newly installed security protective glass and security door. Business is generating $40,000 a month and still climbing for added potential. Rent is $2,000 a month with a 10 year contract. This is an amazing opportunity for any owner operator who wants to generate a 5 figure salary.
Fantastic "Live/Work Loft" in the heart of Larchmont Village designed by prominent architect & interior designer Jim Magni. Chic, loft-style architecture (commercial C2 zoning) features an ideal floor plan w/soaring volumes of space & abundant natural light. Lower level: tandem garage w/direct access (one space currently an office) & foyer. Mid-level: dramatic living room, large dining area, generous open kitchen w/premium appliances & full bath. Top level incorporates primary ensuite w/luxurious, skylit bath & sitting room w/view balcony (convertible to second bedroom). Layout offers multiple areas for home or work use. Welcome to a private, discrete, move-in condition townhome, in the geographic center of LA. Moments away from vibrant Larchmont, cultural venues, entertainment studios & freeways. A rare gem indeed!
Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market rent levels, this asset can achieve a CAP Rate exceeding 10%. The building spans 3,398 square feet and sits on a 7,000-square-foot lot. Located in the highly sought-after Vermont Knolls area, this property is an exceptional investment opportunity, ideally situated near Downtown Los Angeles, USC/Exposition Park, and the rapidly developing city of Inglewood. Home to major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles. Its strategic location, combined with cult
4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
We are pleased to present this two-story mixed-use retail and office building located on the prime signalized corner of S. Robertson Blvd and Olin Street in a Beverly Hills/Beverlywood adjacent neighborhood, just blocks from the 10 East and 10 West Freeway exists and Hamilton High School. The subject site is a 3,230 square foot two-story building, featuring +/- 1,615 square feet of high-profile retail on the ground floor, and, +/- 1,615 of turn-key office space. The ground-floor retail has excellent exposure to both north and south traffic and is attractive to this corridor's many other food, entertainment, and shopping uses. The second floor is excellent for a law firm or other professional services companies. This building presents an owner-user with high visibility signage and branding opportunity; not just to all who enter and exit the 10 Freeway, but to all of the multi-million-dollar home owners in the immediate surrounding neighborhoods. The second floor office space is beautifully built-out and features a lobby, reception area, six private offices (two of them large, facing Robertson Blvd), an outdoor terrace, storage room, bathroom with shower, kitchen, and a conference room. The building will be delivered fully vacant. The 2,126 square foot lot is zoned C4 and can accom
We are pleased to present this 8-unit apartment building in Country Club Park with a Walk Score of 84, close to Hancock Park, Koreatown and all the shopping and dining along Western Avenue. The subject property consists of eight one bedroom, one bath units of which two will be delivered vacant. Four of the units have been recently updated and include new paint, flooring, remodeled kitchens with stainless steel appliances, remodeled bathrooms, fresh exterior paint, copper plumbing and a new roof installed in 2017. This property totals approximately 5,676 square feet on an approximately 9,313 square foot parcel of land zoned LAR3 Tier 3. Arlington Heights encompasses an area of Historic West Adams that was, at the turn of the 20th century, outside of the Los Angeles city limits. It still has a remarkable concentration of intact American Foursquare, Craftsman and Spanish Colonial Revival homes. While Arlington Heights is largely residential, there are a growing number of shops, restaurants, cafes and art galleries that have been springing up along Washington Boulevard. Galleries like Rory Devine Fine Art, Harkawik, Kristina Kite Gallery and David Horvitz's 7th Avenue Garden feature revolving contemporary art exhibitions that are slowly turning this strip into a local cultural destin
We are pleased to present for sale this true Value-add investment opportunity located in the East Hollywood, Koreatown area of Los Angeles. 508 North Ardmore Avenue consists of one three (3) Bedroom, Two (2) Bath plus Den Single Family Residence along with four 2 Bedrooms, 1 Bathroom units. The 4 units were built in 1987 and appear to be Non-Rent Controlled apartments under Los Angeles City rent control. The Three Bedroom House has been remodeled and has a private yard and partial copper plumbing. There are 5 parking spaces, on-site laundry, individual hot water heaters, Central Heating and Air Conditioning and Security Camera System in place. Plenty of rental upside. Two units are currently vacant. Building square feet is approximately 4,103 and sits on a lot size of approximately 8,250 square feet of land. Zoned as LAR3. The subject property is in close proximity to Downtown Los Angeles, Hollywood, Silver Lake, Echo Park and Korea town and conveniently located near the 101 Freeway.
Discover this prime investment opportunity in Echo Park with this historic 8-unit apartment building. Built in 1923, each charming 1-bed, 1-bath unit offers cozy living spaces. Totaling 3,456 sq ft on a 7,315 sq ft lot, this property is ideal for those seeking urban convenience. Zoned LARD1.5, it's located near Dodger's Stadium, Tsubaki, The Douglas, El Compadre, Stereoscope Coffee, Lowboy, Monty's Good Burger, and more.
Marcus and Millichap is proud to present the opportunity to acquire 4710 Colfax Avenue, a timeless 8-unit apartment community set in a highly accessible pocket of North Hollywood. Located amongst a diverse set of single family homes, high-end condominiums, and low-density multifamily buildings, the property offers renters a special mix of a suburban and urban landscape. The property lies less than a ten-minute drive to Toluca Lake, Sherman Oaks, Valley Village, and Studio City. The property sits just minutes from the 101 and 170 intersection providing renters with swift access to Downtown Los Angels, Hollywood, Burbank, and other major employment hubs of L.A. County. Renters enjoy the close proximity to the world class amenities of the North Hollywood Arts District, Studio City's Silver Triangle and the endless array of shops and restaurants along Ventura Blvd in Sherman Oaks just a few miles away. The property boasts a great walk score of 78 allowing most errands to be accomplished without the need for a car. The property improvements are comprised of an approximately 7,532 +/- square foot wood frame and stucco structure on a roughly 9,800 square foot lot. The property features an outstanding unit mix of one (1 bed +1 bath ), six (2 bed +1.5 bath ), and one (3 bed + 2 bath) unit
THIS IS A 7 UNIT building with a large "owners" 3 bedroom 2 story townhouse with attached 2 car private garage that faces 28th & has its own address "3838 W. 28th St. It looks like a single family house & this 3 bedroom unit will & one of 2 bedroom units will be delivered vacant at close of escrow. There's also 6 additional units directly behind the house located on Montclair St. directly below connected by stairs, all on one large lot. It's a very unique building that's perfect for investor or an owner /user who wants to have income and live in a beautiful 3 bedroom 2 story house separate from the other 6 units. Priced to sell, Sellers Motivated & easy to show. Sellers says SELL! Bring all offers! Buildings like this rarely come on market for sale! ONE OF THE 2 BEDROOM UNIT IS VACANT NOW &THE 3 BEDROOM TOWNHOUSE WILL ALSO BE DELIVERED VACANT AT CLOSE OF ESCROW. VERY UNIQUE PROPERTY! GREAT LOCATIION! LET'S MAKE A DEAL!! EASY TO SHOW.
We are proud to present The Lofts, an amazing mixed-use multifamily opportunity located at 2195 Whittier Blvd in Los Angeles, California. This unique mixed-use opportunity comprised of (16) apartment units above (5) retail stores fronts in one distinct two-story building inspired by the famous Flatiron Building in New York City. The building was constructed in 1916 of reinforced brick and concrete and highly renovated in 2020 and, now this architectural building encompasses an impressive 15,244 building square feet situated on one parcel totaling 6,267 square feet offering a zoning of LAC2. The apartment units are currently master metered for utilities which provides an opportunity for a savvy investor to implement a RUBS program to offset operating costs. The highly updated units are impressive and the open floor plans resemble that of a swanky New York flat. The Lofts offer a diverse unit mix consisting of (7) loft-style studio + One-Bath Units & (9) One-Bedroom + One-Bath Units. Many of the units have been highly renovated, offering exposed brick walls, newly installed picture windows with, drenching the units with natural light while providing views of the Downtown LA skyline and famous 6th St Bridge. From the fully remodeled kitchens and baths to the recessed lights and
We are proud to present The Jefferson, an amazing multifamily opportunity located at 3044 Edgehill Dr., Los Angeles, California. This unique apartment complex is comprised of (8) apartment units in one distinct two-story building. The building was constructed of a wood frame with a flat roof and stucco exterior. The development of the building was completed in 1929 and encompassed an impressive 7,574 building square feet situated on one parcel totaling 8,005 square feet, offering a zoning of LARD1.5. The updated apartment units are massive and consist of (8) one-bedroom + one-bath units, offering two points of entry. Each unit is individually metered for gas and electric, along with individual hot water heaters, further lowering utility costs. In recent years, the property systems have been upgraded, and the property offers a newer roof and copper plumbing, along with earthquake gas shut-off valves. The building is accessible from the front of the property off Edgehill Dr., and the property provides 7 onsite parking spaces that have yet to be monetized. Though certain upgrades have been made, there is still a considerable amount of value-add potential at the property, as well as tremendous upside, offering 88% in potential untapped rental income, making The Jefferson an inc
WOW! 1 Owner privately managed and cared for, for over 25 YEARS! This very unique property is a jewel perfectly positioned for an owner user given the large 3 bedroom 4 bath house or a fantastic 1031 property for those looking to acquire a prime location, income producing property with 26% rental upside. The asset consists of 1@3 bed 4 bath house with private deck- patio, 2@1+1 units built in 2003, 1@ 1+1 bungalow style unit which was tastefully remodeled in the last 3 years and 1@2+1 1/2 bungalow spacious unit. all units feature central heat and air, copper plumbing, upgraded electrical, and more. Phenomenal rental market. Don't miss this opportunity. Centrally located, surrounded by phenomenal boutique restaurants, entertainment and public transportation.
We proudly present 1625 Vineyard Ave, a 9 unit multifamily property in the heart of Mid City Los Angeles. The building sits on a large 14,000-square-foot corner lot and consists of one, two and three bedroom units. The property is gated and secured and features hardwood laminate flooring, beautifully tiled bathrooms, and stainless steel appliances and fixtures. The offering includes approximately 13 tandem parking spaces and is separately metered for gas and electric.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space. Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone. It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price. This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid futur
