There are three units this unique property, 1 2 bedroom, 1 bath house with a garage and a commercial bow truss space split in two. One side is tenant occupied the other is vacant. This property offers an incredible opportunity for live/work, artist studio, small warehouse space with available parking. This building offers plenty of space and features a large open floor plan with lots of natural light and maximum versatility. Convenient to the 2 freeway making commuting to nearby cities a breeze.
With current rents averaging approximately $1.79 per square foot, a new owner can nearly double the property's income by matching the area's market rents that have surpassed $3.50 per square foot. One-quarter of the units have already been substantially upgraded, providing a blueprint for a new investor to follow and recapture the rent upside. Renovated units feature new wood flooring, quartz countertops, new custom cabinets, stainless steel appliances, tile backsplashes, new lighting, and remodeled bathrooms. Built in 1962, the property is nestled between Echo Park Lake and Sunset Boulevard, sitting just one block from both one of Los Angeles' most popular parks and one of the city's trendiest streets. As the neighborhood has gentrified in recent years, new shops and restaurants have emerged along both Sunset Boulevard and Glendale Boulevard, providing numerous destinations within blocks of the property. The building has therefore received a Walk Score of 93, with the immediate area considered a "Walker's Paradise."
1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.
Looking for a Commerical Property? Looking to be your own boss? Run your own business? If you said yes to all these questions we have the perfect commercial property for you. The location is perfect for any growing business. Currently a mini market in a very high traffic corner lot with maximum exposure. Currently, the business is a Mini-Market. The Business is included in the sale.
We are pleased to present 821 S Wilton Place, a Character French Normandy style 2-story, 20-unit value-add multi-family investment opportunity with 27%+ rental upside potential, located in the highly desirable Hancock Park adjacent submarket of Los Angeles, just west of Western Ave and south of Wilshire Blvd. Built in 1938, the building is comprised of 19 studios and 1 (1+1) units that average approximately 540+ gross square feet. Additionally, there are two non-conforming/bonus units in the basement, affording an investor the flexibility to capitalize on the potential addition of accessory dwelling units (ADU). The 10,786 square foot structure is situated on an 8,999 square foot LAR3 zoned lot. The property includes a rear backyard featuring mature pine trees, providing ample shade to this outdoor common area. There are 10 individual parking spots (with space to add bicycle and motorcycle parking) in the garage located below the building. The building's units feature large windows and include much of the original, colorful tile in the bathroom's stall showers and floor, and 11 of the units maintain hardwood flooring throughout. The property is separately metered for gas and electric, and there is a common area laundry room and master water heater in the basement. With a Walk Sco
Creative office. Rich in character, rare and exceptional Hollywood Boulevard creative office. A five-minute walk from Hollywood & Vine Metro Station. Iconic location next door to the Pantages Theater, across from the Capitol Records Building and the W Hotel. Featuring an open plan, three separate offices and large common area, private conference room, kitchenette, exposed ceilings, abundant natural light, creative finishes and an Art Deco flair. Impeccably maintained. Abundant parking available at the Vine Street.
@ PRIME CORNER LOCATION OF HEART OF KOREATOWN , EARTHQUICK RETROFITTING COMPLETED DECEMBER 2019, 80% COPPER PLUMBING ,NEW WATER HEATER , NEW 8 CCTV , NEW MIRROR FRONT & SIDE DOORS , 10 UNITS ARE PAYING WATER AND TRASH MONTHLY , TENANTS ARE PAYINGEARTHQUICK RETROFITTING OF $38 PER MONTH FOR 240 MONTH FROM JUNE 2022 , AVERAGE SIZE OF 2+2 ARE 1,215 SF , 4 UNITS ARE NICELYREMODELED WITH W/D , 1=2+2 RECENTLY LEASED AT $2,775 AND 1=1+DEN RECENTLY LEASED AT $2,050 ,NICE UNIT MIXED OF 9=2+2 , 2=1+1 , 1=0+1 , AMPLE 21PARKINGS , CURRENT CAP RATE OF 4.33
The 6,916 sf two-story building sits on a 7,221 sf lot and is comprised of (2) two bedroom plus den and two bathroom units and (4) two bedroom plus den and one bathroom units. The subject property is ready for a new investor to take full advantage of its upside potential. In the rolling hills of Hollywood, you'll discover no other than Hollywood Hills, one of the most affluent communities in Los Angeles, situated ten miles northwest of the city. Home to the infamous Hollywood Sign on Mount Lee, this neighborhood boasts significant landmarks, breathtaking views, and famous rolling hills, which are a part of the Santa Monica Mountains.With attractions like Runyon Canyon Park, Lake Hollywood Park, Griffith Park, and the Hollywood Bowl, this neighborhood is one for the books. And directly south of town, you'll find even more exquisite attractions like the Hollywood Wax Museum and Hollywood Pantages Theatre! North of Hollywood Hills, you'll find the some of the city's greatest attractions in Universal City. Discover Universal Studios Hollywood and its famous sites like the Wizarding World of Harry Potter and Universal City Walk, a vibrant area of shops, restaurants, bars, theaters, and so much more.Upscale apartments and historic West Coast-style homes reside on spacious lots along ro
Warehouse property located in the City of Los Angeles. This 1-story property features 5,000 sq ft of building space and 5,850 sq ft of Lot size. Zoned in C2, the building can be used as an Art or antique shop, pet shop, carpenter or plumbing related, catering shop, interior decorating shop, tire shop, or restaurant or cafe. This building can also be used for all uses for C1.5 (12.13.5) or C1 Limited Commercial Zone (12.13). Some new features added to the building: a garage door has just been fixed, upgraded with new windows and the Roof has been replaced. Close distance to Los Angeles International Airport and Union Station. Nearby freeways are I-10 and I-110 for convenient commuting.
12.88 GRM | 94% POTENTIAL UPSIDE***Please Contact Us For An OM*** 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you p
Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.
OCEAN PARK VILLA BUNGALOWS OF VENICE BEACH - This property includes 2 Duplexes and a 2 Bedroom Home. 5 Units - with a 10,408 sqft. Double Lot is ready to be reimagined with your vision. Each bungalow offers its own unique charm, that make them perfect for both short-term and long-term stays. Whether you're looking for a cozy romantic getaway or a spacious family retreat, these bungalows are sure to provide the perfect setting for your summer vacation stay. Venice Beach known around the globe as an artistic beachside community, steps a way from Abbot Kinney, among the hottest international retail stores, shopping, family friendly dining, and popular nightlife destinations. Nearby developments, and projects that are currently under construction makes Venice Beach the ultimate tranquil desired living. The metropolitan nearby Santa Monica Pier, 3rd street Prominade, brings young professionals from around the world to the stylish Venice Ocean Park Villas. 5 minute walks to beach , 2 blocks from Abbot Kinney world class shopping.
We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right, and up to 34 units using TOC incentives.
Coin Laundromat on a signalized corner, Free standing building with 6 parking spaces secured adjacent to an alley. High traffic, across from LA County Sherriff station and Community service center. 12 FT interior ceiling height, 1 bathroom, 1 sink, 1 storage room, 1 water heater. The property can accommodate 36 Washers, 19 Dryers, Weight Scale, Coin Changers, Carts, Soap Machine, Soda & Drink Machines. Sign "Coin Laundromat" mounted on property facade.
**BACK ON THE MARKET** The commercial property located at 5100 S. Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building currently being used as a church. The property boasts a generous 23,000 square feet of land and a three story building structure that covers 34,374 square feet of floor space. Situated on the corner of 51st Street and Broadway, the property is highly visible and easily accessible. The church building features beautiful architectural details that adds to the property's curb appeal. The interior of the church is spacious and welcoming, with a large worship area and separate baptismal pool area that can accommodate a significant number of congregants. There are also several ancillary rooms throughout the three story building that are currently being used as classrooms, meeting spaces, administrative offices, including a kitchen, fellowship hall, storage rooms and 11 restrooms. One of the standout features of the property is the expansive 35,644 square feet adjacent parking lot, which is included in the sale. This provides ample space for visitors, members, and staff to park, as well as potential for additional income from leasing out parking spaces for events or other commercial activities. Overall, this commercial property at 5100 S. Broadway a
Terrific opportunity for investors in a prime location. 2-story building centrally located in Los Angeles with 5 spacious units and gated ample parking. All units are currently occupied with tremendous upside in rents. Well maintained by current owner and lots of upside potential. This is a great low-maintenance investing opportunity. Property Assessor records show 5 bedrooms/4 baths, however there are 5 bedrooms and 5 baths. 5 total units, each unit 1/1.
Amazing opportunity to acquire a single-story medical arts building for an owner-user, developer, or investor. This corner lot C-2 zoned property is located in an SBA Qualified HUB Zone. Located a block away from historic downtown San Pedro, less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and just 20 miles south of downtown Los Angeles, this centrally located single-story medical arts building provides easy access to and from the remainder of Southern California. San Pedro is home to North America's largest port at the LA Waterfront and boasts unprecedented opportunity for expansion with almost 5000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments ready to break ground in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harborside destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California. 601-611 W 6t
APPROXIMATELY 9,000 SF LCM1 ZONED STRIP RETAIL BUILDING. LOCATED AT THE SIGNALIZED CORNER OF WHITTIER BLVD. & KERN AVE., WITH APPROX. 60 FT OF FRONTAGE ALONG WHITTIER BLVD. LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH GREAT FOOT & CAR TRAFFIC COUNTS; 26,000 CARS PER DAY. GOOD DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 280,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS. GREAT OPPORTUNITY FOR AN OWNER/USER OR INVESTOR WITH A TENANT(S) IN MIND AND UPSIDE IN RENTS. MANT POTENTIAL. LOWER THAN CURRENT MARKET RATE. THERE IS A POSSIBILITY THAT THIS AREA WILL BE CONVERTED INTO ZONING THAT CAN BUILD RESIDENTIAL FACILITIES, ETC. IN THE FUTURE. PLEASE DO NOT DISTURB TO OCCUPANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION.
Subject to Escrow Cancellation due to Buyer's failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization's needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor's office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversi
Set to benefit immensely from its position in the path of development, the property sits only one block from the planned 4.5 million square foot mixed-use development slated for the site of the existing Panorama Mall. Included in the proposal are 125,000 square feet of retail space, 70,000 square feet of restaurant space, 90,000 square feet of entertainment space, and 146,000 square feet of open space. That project intends to capitalize on the upcoming East San Fernando Valley Light Rail Line, which will include a Metro stop just two blocks from 8407 Cedros Avenue. Perhaps the most noteworthy development project currently in the San Fernando Valley, the light rail line will connect the Metro Orange Line, the Metrolink Train Line in Van Nuys, and the Metrolink Train Line in Sylmar/San Fernando. The majority of the new transit line will run along the median of Van Nuys Boulevard, with a station planned just two blocks from 8407 Cedros Avenue. In addition to boosting commerce in the immediate area, it will also provide the benefit of more convenient transportation for the property's tenants. With current rents approximately 42% below market rates, a new owner can capitalize on this rent upside to create increasing cash flow even before the neighborhood improves with the pending deve
In the up-and-coming area of Westlake/ Historic Filipino town adjacent, sits a mid century 7-unit apartment building on a large 11,000 plus sq. ft. lot. It's located in the City of LosAngeles in the Historic Filipino just west of DTLA in the area now going as HiFi. Property contains a unit mix of ( 6 ) one bedroom / one bathroom units and ( 1 ) two bedroom / two bathroom units. Building has great rental upside potential. The exterior has been recently painted and the frontage re-landscaped. 5 potential parking spaces in the rear can be accessed through the alley. This area is going through some great positive changes and it is an excellent opportunity. Plenty of rental upside as well as potential development opportunities on the half empty lot with rear alley access.
Rare opportunity to purchase a property in the re-development area of San Pedro. This property is zone LAC2 and may be developed into multi-units, condo, motel, offices, shop, or other business purposes. Right behind the famous Raffaello Ristorante, this property is next to a city parking lot for convenience. Three blocks from the boardwalk and with alley access and multiple businesses, shops, restaurants, and entertainment within walking distance, this property is in a prime location. The lot measures 5001 sqft and features a house and detached garage that can be used or redeveloped. Multiple housing developments are going up around the property. Buyer to do its own due diligence.
REDUCED Price Back on Market: Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 3 of the 10 units are not rented and ready for new tenants & new owner to manage at market rent. No onsite laundry. No assigned parking. Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for link to information.
Nice Commercial Building for Sale Located in a Busy street not far from montebello and downtown Los Angeles Agents Bring your commercial clients Nice Building need of TLC..... must see to appreciate. Seller is motivated to sell
