BIG REDUCTION, Nice property,excellent rental area located a few blocks from USC, large basement with a laundry room for extra income.Separate meters for Gas & Electric.mix six 2 bed, two 1bed , don't wait to long with this one has a lot of potential .
Commercial Lot with Office Space. This property offers an excellent opportunity for commercial ventures with existing 187 sqft office space. Boasting a spacious lot size of 7,540 square feet, this property provides ample space for various commercial uses.
Discover an unparalleled investment opportunity in the heart of Los Angeles with this prime commercial property on Fairfax Avenue. Located in a thriving neighborhood known for its dynamic growth and cultural significance, this offering presents the potential to transform two contiguous lots into a development masterpiece. Key Features: Prime Location: Situated in a highly sought-after area, this property enjoys proximity to vibrant dining, shopping, and cultural hotspots. The surrounding community has seen significant growth, making it a desirable destination for both residents and businesses. Development Potential: This unique property consists of two lots side by side, providing ample space for a visionary developer to create a substantial residential complex. Potential to build up to 52 units, catering to the strong demand for housing in the area. Buyer to verify and due their own due diligence. Nearby Developments: The area has witnessed a surge in new apartment developments, making this property a strategic addition to the evolving urban landscape. It aligns perfectly with the ongoing transformation of Fairfax Avenue. Investor's Dream: Savvy investors and developers will recognize the tremendous value and growth potential that this property offers. Take advantage of the oppo
We are proud to exclusively present for sale a newly remodeled light and bright 6 Unit Building with spacious apartments. Located on a quiet tree-lined street, the building is situated in prime Beverly Grove, a short walk to Melrose Place, with the hottest shopping and hospitality options in town and the most in-demand neighborhood in all of Los Angeles! Current ownership gutted the entire building and spared no expense as they did a top to bottom overhaul with high end finishes reimagined for today's demanding tenants. Consisting of five 2+2s and one 3+3 oversized units, the six sophisticated units feature a generous open floor plan, a Chef's kitchen with top-of-the-line appliances and contemporary cabinetry, in-unit washer & dryer, and secured parking. The property includes 9 parking spaces in a gated, below grade garage with secured access into the building. The setting, the layout, the finishing touches already command big rents! Ownership has proven the Pro-Forma rents by leasing five units at projected rents, leaving the last unit vacant for a new owner to capitalize on these turn-key units or move family members in. Income numbers are Pro Forma for vacant units. This gem wont last long.
We proudly present 3757 Veteran Ave, a charming 6 unit multifamily property in an excellent Palms location, minutes from Downtown Culver City and adjacent to major employers included Sony Studios, Apple, and Amazon Studios. Five of six units have been beautifully renovated to include quartz countertops, new flooring, modern lighting, retiled bathroom, stainless steel appliances and brand new 400 amp electrical service and 5 of 6 units are currently on RUBS. The property is easily accessible from the 405 Freeway and the Westside and is close to popular shops and restaurants including Etta, Little Fatty's, Alana's Coffee Roasters, and Platform LA.
Assumable Financing Available! 3.65% Interest Rate Fixed Until Feb 1. 2027. The loan amount is around $1.8M. Very rare to find an asset like this in Westwood, one of the most desired pocket of Los Angeles. You will not find a better price/unit or price/sf in the area. 10786 Missouri Ave is a 8 unit trophy asset located in an A+ area. The subject property is priced at $537k/unit and still has room to improve the income. Once rented for market, 10786 Missouri Ave will operate at a 5.46% CAP and 13.05 GRM. This is the ideal asset for any investor looking for cash-flow and appreciation in one of the nicest neighborhoods in Los Angeles. 10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2) 2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be delivered vacant. Due to its location, the subject property demands high rents, beneficial to any new buyer. There are 5 tandem parking spots, as well as 2 parking spaces in the rear. Located just minutes away from many shops, restaurants and other entertainment- this is a renter's dream! With a 89 walk score, this property is considered a walker's paradise.
Probate Sale, Court confirmation MAY be required. 5-Unit residential property, for sale AFTER 40 years! All units are large 2 Bed 2 Bath, 3 of 5 units are vacant and will be delivered vacant at COE. Separately metered for electricity, and master metered for Gas. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on July 19, 2018. No known upgrades (to any systems) done. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED and wants to see ALL offers. Only the vacant units will be shown during the open houses.
Masters Realty Eastern Group is excited to bring a truly unique assemblage of properties to the market for sale in the prestigious Los Angeles Boyle Heights. The offering includes a collection of brick- and-mortar unit, structures totaling 12,133 square feet, situated on approximately 17,003 square feet of land. The properties are located on a highly visible street of Cesar Chavez, Across the street a large development unit that was recently completed. Great Developer/Investor Opportunity! - Street Frontage entire front block of commercial property in prime location - 12,133 sqft building, 17,003 sqft land - Great opportunity zoning area with tax benefits - Near Metro station - Supported by the community - Multi-unit with month-to-month leases - located at the heart of Los Angeles I-5, I-10, 101, and 60 freeways providing access - Highly Visible Location This is an excellent investment opportunity for anyone looking to get into the commercial real estate market and development. The property is located in a prime location with great visibility and access to transportation. The zoning was recently changed to opportunity zoning to support the community and help developers revitalize the area. The tax benefits are great and allow for a variety of uses, so you can easily adapt the pro
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 5- unit 2 bedrooms 1 bath each. With 4 parking spaces with washer and dryer hook ups each unit is 1200 of living space. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters. Schools Breed st elementary, Hollenbeck middle and Rosevelt High school are within walking distance as are major parks Ross Valencia community park and historical Hollenbeck Park. The signs of gentrification are clear as new development and companies moving into the area.
Rare opportunity to purchase 4-unit Mix-use property. The 2 story building is configured into 2-commercial spaces on ground floor level, a 5 bedroom 2 bath on the second level. Two gated driveways allowing parking spaces for 3-4 cars. A detached 3-car garage structure, additional free standing 3 bedroom 1 bath house at rear of property with it's own driveway, parking available. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or Investment purchase. Newer roof on one of the buildings. All tenants are current on rents. Selling AS-IS, No repairs. Do Not disturb occupants.
"Prime Deevolpment Site" C2 Lot suitable for multi-units, Located on Major Public Transit Corridor. Close to Post Office, Library and Shopping Center. Across from " Carver Middle School". DO NOT DISTURB TENANT.
Excellent Location! Situated in the vibrant heart of Korea Town, this property boasts an 11-unit Apartment Buildingthat faces the West and North directions. Positioned within Korea Town's premier rental market, there is significant potential for increased rental yields. The upgraded units showcase an inviting Open Floor Plan, flooded with naturallight, and boasting contemporary kitchen designs. Each unit includes a covered parking space and hassle-free access to a Gated Parking area. The property offers exceptional convenience, as its within easy walking distance of renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro Stations. Additionally, the building holds promising prospects and growth potential, with numerous trendy developments and constructions in progress nearby. This presents a remarkable opportunity for property value appreciation in the near future.
Great Investment opportunity , 4 commercial and 2 residential mixed use, LAC2 zoning, walking distance to Crenshaw Metro Rail Line, excellent location. close to transportation, schools and much more. New electric panel. Lots of potential to develop
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** ................................................................................................................................................................................................................... Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2,400/year and is not included in the gross schedule rent figure. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
THIS LOT IS PART OF A FOUR LOT PORTFOLIO ON ROBERTSON BOULEVARD LOCATED JUST A FEW BLOCKS FROM BEVERLY HILLS AND IS A DOUBLE LOT OF APPROXIMATELY 7273 SQUARE FEET. IT HAS A FABULOUS LOCATION AND IS PART OF A DEVELOPMENT PORTFOLIO OF 1040, 1044, 1046 AND 1054 SOUTH ROBERTSON BUT CAN BE SEPARATELY PURCHASED FOR $4,750,000. THE LOT IS FABULOUS FOR BUILDING A DREAM OFFICE BUILDING ALONG WITH MANY OTHER USAGES AND HAS GREAT PARKING OFF THE ALLEY. IT HAS THE TOC 2 ADVANTAGE AND THERE MAY BE ADVANTAGES UNDER AB 2097 FOR PARKING EXEMPTIONS....
We are proud to present this well maintained 7-unit investment opportunity in the highly sought-after and fast growing area of Pico Union / Koreatown. Situated on a 5,904 square foot parcel, the property is comprised of one single unit, four one-bedroom units, and two two-bedroom units amounting to 4,064 square feet of living space. Originally built in 1960 (2 units have recently been remodeled), the subject property features functional and versatile layouts to accommodate various tenant preferences and each unit is equipped with separately metered gas and electricity, minimizing operational costs and complexities. Additionally the property offers on-site laundry, ample parking with space to accommodate up to eight vehicles, and has had the soft story retrofit work completed. The property has significant rental upside through unit renovations and can present an opportunity for development-minded investors thanks to the LAR3 zoning. Ideally located within a short distance to the hubs of Koreatown, Pico Union, DTLA, and easy access to freeways, public transportation, schools, shops, dining, and entertainment. The continued gentrification of the surrounding area along with the value-add potential for a new owner makes 1138 S Mariposa an excellent acquisition for the most discerning
We are proud to represent this 7 unit apartment building in Van Nuys. The property has an excellent unit mix consisting of (1) studio, (4) 1+1 units, (1) 2+1 unit, and (1) 3+2 unit. With a lot size of 6,252 square feet, the property has a total of 5,200 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.
Two separate units with almost 3,000 square feet of office or retail space (2,880) all situated on a a 6,540 sq.ft. lot with off street parking. Bring your imagination and the sky is the limit! There is currently one tenant, but can be delivered vacant.
We are pleased to present 1144 Elden, a 12-unit property not subject to LA City rent control. Built in 1986, this property currently allows an annual rent increase of 8.8% (5% plus the Consumer Price Index). Please note, the property is located in an opportunity zone, offering the new owner a potential federal capital gains tax incentive (buyer to verify). Comprised of (6) 2-bdrm. and 1.5-bath units and (6) 1-bdrm. units, these units offer approx. 34% rental upside compared to renovated units in the area. Property amenities include on-grade gated parking and a laundry room. 1144 Elden is offered at $307 per foot, $250,000 per unit, 9.42 market GRM, and 7.19% market CAP. Located just south of Koreatown, near Olympic and Vermont, the property is surrounded by many multifamily and mixed-use projects currently under construction or recently completed. Across the street from the subject property is a Grubb Properties project spanning a city block, featuring 228 units and 50,000 SF of commercial space (ground floor leased by Target).
