Welcome to 1651 Redcliff Street, an amazing 6-unit property nestled in the heart of Silver Lake (90026), a highly sought-after neighborhood in Los Angeles. The property offers a diverse unit mix, comprised of a 1927-built front house with 4 bedrooms and 3.5 baths, a triplex built in 1964 with three 2-bedroom, 2-bath units, and a newly constructed duplex featuring two 6-bedroom, 4.5-bathroom units with rooftop decks and stunning views. All units have been beautifully renovated or are newly constructed, commanding top-of-the-market rents. There are RTI (Ready-To-Issue) plans for a storage room to be converted into a spacious (+/-) 731 square foot Accessory Dwelling Unit (ADU). Featuring sunlit interiors with hardwood floors and carefully crafted architectural details, these units provide a warm and welcoming ambiance. Each unit boasts spacious bedrooms, updated kitchens with stainless steel appliances, stylish bathrooms, central AC, in-unit laundry, and private outdoor spaces in some units. Situated on a 16,736 square foot lot, aside from the newly constructed duplex, all units have undergone gut-level renovations, ensuring a modern living experience while preserving their timeless charm. Additionally, all units are separately metered for gas and electric, with parking available fo
With four separate buildings spanning two parcels, the property occupies a total of 15,090 land square feet on the corner of Wilton Place and La Mirada Avenue. The existing assets are available for an attractive 10.98 GRM with approximately 16% rent upside, in addition to potential future development possibilities adding flexibility to an investor's exit strategy. The large lot is zoned LAR3 and sits in a Tier 2 TOC area, while also holding ED1 eligibility. Located near Sunset Boulevard, the property provides tenants with convenient access to several Hollywood destinations as well as the rest of the Los Angeles metro, via the nearby 101 Freeway. The exclusive Hancock Park neighborhood is only a few blocks southwest, while Koreatown and the Hollywood Walk of Fame are both nearby as well. The new 14-story ICON office tower, primarily leased to Netflix, was recently completed at the nearby Sunset Bronson Studios, while additional new construction is scheduled for Sunset Gower Studios, just one mile from the property. There, a joint venture between Hudson Pacific Properties and The Blackstone Group will be expanding the studio and office space, adding 620,000 square feet to the studio campus. The property is just north of Paramount Studios, the Hollywood Forever Cemetery, and Melrose
Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and 3rd Street Elementary School area. 7 unit apartment with no rent control near Hancock Park. Six units of 1 bed/1 bath and one unit of 2 beds/2 baths with 8 parking spaces. Units in good condition and well maintained with hardwood flooring throughout in this easy to rent building. Downstairs unit (2 beds/2 bath) has own parking, storage and front yard. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction. Drive by only. Please do not disturb the tenants. Shown on accepted offers only.
pleased to present 113 West Century Boulevard, a high cashflow 6-unit apartment building located in the City of Los Angeles. The subject property is in close proximity to the 110 and 105 freeway making access to downtown LA, West LA and Long Beach easily accessible. 113 W Century consists of all 2-bedroom/1-bathroom units with six surface parking spots, for a total of 3,402 sqft situated on a 4,444 sqft lot. Five of the six units are newly renovated as well as upgrades to the gate, stairs, and exterior finishes. With strong in place income with additional rental upside 113 W Century Blvd Offers and incredible investment opportunity for an astute investor.
1414 S Orange Dr, a fantastic 5-unit investment property located in Mid City in Los Angeles, CA. Appraised in February 2023 for $4,050,000!!! This beautiful new construction cash-flowing property sits on a 0.16-acre lot with over $141,000 in capital improvements added in the past year. Some of the recent improvements include EV charging stations, nest thermostats, private yards and a new private fence line, enclosed garages, eco-friendly irrigation systems, brand-new LG washer/dryers, sliding glass doors, and beautifully designed landscaping. 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 5 spacious units and 7,002 square feet of living area in total. The property features (1) 3 bed 3.5 bath unit, (2) 4 bed 4.5 bath units, and (2) 3 bed 2 bath units across three separate structures. All of the units have been extensively upgraded and rented at market to strong tenants. 1414 S Orange Dr, nestled in a prime pocket of Mid City, offers strong Day 1 cash flow operating at 5.02% Cap Rate and 14.21 GRM.
We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this property has a highly desirable location with unmatched potential for only $200K/unit. Residents will enjoy the proximity to Silver Lake and the abundance of retail, dining, and entertainment options at Sunset Junction. Notable amenities nearby include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and more. With easy access to Downtown and Hollywood employment hubs, this area is particularly attractive to young professionals. Below market rents and significant value add potential give any investor the opportunity to capitalize on nearly 100% in rental upside and receive tax benefits in an Opportunity Zone.
This property is located in an excellent location, walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath, and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. New 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatives are responsible to do their own inspections and due diligence to verify and satisfy themselves with all city compliances, restrictions and guidelines of the property. Rents are currently below market, market rents are estimated to be $2,500 for 2 bedrooms and 1 bath, and $2,000 for 1 bedroom and 1 bath. The Gross schedule income, vacancy allowance and net operating income are based on estimation only, not actual numbers. Don't miss this great investment opportunity! Do not disturb tenants, drive by only! Offer subject to inspection.
On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena.The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena. The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors
Industrial Warehouse in a prime Los Angeles location. This expansive industrial warehouse offers over 2000 square feet of prime space equipped to elevate your operations with a 14-foot ceiling clearance. With an electric automatic sliding gate, fully fenced-in perimeter, and additional manual vehicle entrance gate, this space prioritizes security and ease of access. The property has security camera wired connections, and recent safety upgrades including a 5-year sprinkler test report completed in March 2024. Other upgrades include, a fully fire sprinklered systems inside, upgraded 400 amp/3 phase/208v/120v power service, 6-gallon electric hot water heater recently replaced, and a 5-ton AC unit, with another 5-ton AC/Natural Gas Furnace combo unit. There are two extra 5-ton condensers offer future upgrading potential. The property also has a Level-2 vehicle charging station installed on site, recent interior and exterior paint, superior insulation, with the ceiling/roof rafters sprayed with Icynene foam 3.5 " thick.
Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury amenities that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years. Also may be great for Investor / Developer for Tear Down and Re build.
An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.
Extremely rare opportunity to purchase rectangular shaped parking lot in Downtown LA with development potential (Zoned: C2-2D-O-CPIO). Potential Opportunity Zone. Total of 3 APNs adding up to approximately 16,887 SF (120 x 141). Centrally located with Easy access to 10 FWY and 110 FWY. 1 mile from Metro Blue Line, 1.1 miles from Crypto.com Arena (Formerly Staples Center), 1.4 miles from LA Live, and 1.8 miles from University of Southern California (USC). Option: Adjacent property at 1840 S. Main St (APN: 5127-024-017) is available for a possible assemblage.
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
We are proud to present this fantastic 5 units income property with huge R3 zoning lot! Investors dream. A great location of Hollywood, walking distance to Santa Monica, shops and transportations, and nice neighborhood! The property consists of a 3 bedroom+2 bathroom home in front and a newer fourplex, each with 1 bed+ 1 bath. Units are well maintained with some upgrades. Updated electrical and mostly copper plumbing. There is on site laundry. There are 8 parking spaces in the rear of property.
We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity.
Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A
Great Investment Opportunity to Own 10 units in a very desirable area of Boyle Heights. 2 blocks to the Soto St Metro Train station. Very gentrified area. 5-10 minute drive to Downtown LA. Close to Shopping and Transportation. Easy to manage.
3005 S Normandie Ave is an 8-unit 'dingbat' style apartment building located between the West Adams and Exposition Park neighborhoods. The property's unit mix consists of six 1+1's and two 2+1's. Six of the units have been extensively remodeled to include new paint, kitchens, bathrooms, and resurfaced hardwood flooring. The exterior of the building has also had numerous upgrades including a newer roof (approximately 6.5 years old), security camera installation, new paint, and drought tolerant landscaping. The property is fully parked and has an on-site laundry room for added income. Located just minutes away from the heart of the University of Southern California and Downtown, 3005 S Normandie Ave provides residents with many of the great things LA has to offer right outside their front door. The property features a fantastic 79 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Loren Miller Recreation Center and Vermont Avenue Elementary. Public transit is also easily accessible at the Expo/Western Metro station at 1.1 miles away. With 3005 S Normandie Ave, you can hedge against inflation, exploit tax advantages, and add more value.
Spread over three buildings on one large 10,319 parcel, the property contains exclusively two-bedroom apartments. While six of those units were constructed in 1922, four units were added in 1988. A new investor may be able to continue the current program of upgrading unit interiors, which has established rent benchmarks at $2,383- $2,495. In total, there may be approximately 46% rent upside among the remaining below-market units. Situated near the intersection of Santa Monica Boulevard and Western Avenue, the property lies just east of Paramount Studios and the Hollywood Forever Cemetery. The exclusive Hancock Park neighborhood is only a few blocks southwest, while Koreatown and the Hollywood Walk of Fame are both nearby as well. The new 14-story ICON office tower, primarily leased to Netflix, was recently completed at the nearby Sunset Bronson Studios, while additional new construction is scheduled for Sunset Gower Studios, just one mile from the property. There, a joint venture between Hudson Pacific Properties and The Blackstone Group will be expanding the studio and office space, adding 620,000 square feet to the studio campus. The Melrose Hill neighborhood was recently named Los Angeles' Hottest Culinary Boom Town by Eater Los Angeles. Several exciting dining options have re
KW Commerical is pleased to present 4233 Burns Avenue, Los Angeles -- a special 28-unit Apartment Community in the highly desirable Virgil Village sub-market and just half a mile from the Sunset Junction. 4233 Burns Avenue is an attractive Courtyard-style property. The unit mix boasts Twenty-Seven (27) large One-Bedroom units and One (1) spacious Studio Apartment. Current ownership has updated and remodeled 14 of the 28 units. Upgrades include new hardwood laminate flooring, new modern kitchens with granite or quartz countertops, new custom kitchen cabinets, and high-end stainless steel appliances. The bathrooms were tastefully updated with modern vanities, LED Smart Mirrors, and designer tile and finishes throughout. Current ownership has provided a proven model and opportunity to increase rents by over 40% as units turn naturally. Other amenities include a private gate and intercom entry, an onsite washer/dryer room, and 26 parking spaces. 4233 Burns Avenue is not on the LA City mandatory seismic retrofit list. The property offers a combination of modern living and relaxed comfort while centrally located in one of LA's most engaging and diverse neighborhoods. Virgil Village is a trendy neighborhood with creative vibes, artful boutiques, and inventive eateries. Tenants are close
