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
Welcome to 4112 Effie Street, a prime investment opportunity nestled in the sought-after Silver Lake neighborhood of Los Angeles, CA. This property presents a rare chance to acquire a 5-unit investment property with immense potential. The property comprises 4 one-bedroom, one-bathroom units, along with a studio + one bath unit. Spanning across 2,739 square feet of living space, this investment property sits on a generous lot of 8,203 square feet. Zoned LARD1.5, this offering also presents the potential for future development opportunities, making it an enticing prospect for savvy investors.This property offers a unique chance to capitalize on the thriving rental market in Silver Lake. Whether you're seeking an income-generating investment or considering future development possibilities, this property is a compelling option. Close to Sunset Junction with all the amazing shops and restaurants, Erewhon, Farmer's Market, The Win~Dow burger spot, Tartine, and so much more.
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
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
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
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
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. 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 future. It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District. This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and
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 #11 unit is 1,050 sf and is built with a mezzanine. It can be expanded to 2,260 sf by purchasing unit #12 1,210 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 future. It will be
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
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
Nestled within the vibrant hills of Echo Park, this distinctive 6-unit building presents an enticing opportunity for both homeowners and investors, boasting captivating vistas of the Downtown Skyline. With a total of 15 bedrooms, 11 bathrooms, and 4150 sq ft of living space, this expansive property is a rare gem, offering a desirable cap rate exceeding 5%. The unit breakdown includes two units featuring 2 bedrooms and 1 bath each, two additional units offering 2 bedrooms and 2 baths each, one unit comprising 3 bedrooms and 2 baths, and a back house unit providing 4 bedrooms and 3 baths. Each unit showcases generous kitchens with an inviting open layout. Recently renovated, the property boasts new flooring, kitchens, bathrooms, fixtures, recessed lighting, appliances, and fresh paint throughout, ensuring modern comfort and style. With separate electrical meters for each unit and parking available for some, this investment promises ample cash flow. Ideally located just minutes away from Downtown Los Angeles, Silver Lake, and Koreatown, residents enjoy easy access to a plethora of amenities and attractions, including Dodger Stadium and the scenic trails of Elysian Park. Enhancing convenience, the complex is gated, while ample parking is provided at the rear of the property. With nea
We are proud to present 5020 Tujunga Avenue - a value add real estate opportunity located in North Hollywood, CA. The 40 unit building is comprised of 15- Bachelors 24- Studios complimented by 1- 1 bedroom unit. Constructed in 1965, the property spans 17,690 gross square feet, and is set on a 0.51-acre lot. The property has ample parking spots for tenants with easy access through an alley that leads behind the property. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, intercom, storage spaces, laundry facilities, pool, maintenance & manager on-site, walk-in closets and balconies.One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 35% below the market rate, presenting a significant opportunity for the buyer. Assuming the buyer can turn over all units and achieve market rents throughout, we estimate that the units could bring in about $77,000 in gross rental income each month, or about $927,000 per year, increasing the buyer's CAP rate to 8.05%!The location of 5020 Tujunga Ave in North Hollywood is particularly noteworthy. Nestled in a vibrant and evolving area, this property benefits from its proximity to key commercial and entertainment hub
This is a very well-maintained apartment located in the Hancock Park area. It is a gated complex and is located in a quiet and safe neighborhood. There are many luxury condos and expensive houses nearby with new luxury rental apartments being built nearby currently. This is a great opportunity for investors. The listing includes both 914-916 and 918-920 Gramercy Drive, each with 8 units (16 total). Most tenants are long term, responsible tenants who make timely rent payments. The property is renting below market but considering the current rental price in the Hancock Park area, this property has great potential.
Excellent 9-Unit Palms Opportunity in the heart of Palms. The property features a diverse unit mix consisting of 4 one-bedroom units, 4 two-bedroom units and one Bachelor unit. This property is fully-leased with an additional 20% upside in rents from current to market. There is on-site parking in the front and rear of the property for up to 9 cars - with Accessory Dwelling Unit Potential (Buyer to Verify). The Soft Story Retrofit has been fully completed.
We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and an in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.
1820 W 11th St, Los Angeles is a high cash-flowing, renovated 9 unit building located near downtown. The property is currently operating at a 7.29% CAP Rate and 9.50 GRM. This is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. The subject property is comprised of (5) 1-Bed/1- Bath and (4) Studio/1-Bath units. 8/9 units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1820 W 11th St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.
Seize the opportunity to own a prime piece of real estate with this expansive 8,000 square foot freestanding industrial building situated on the bustling Broadway corridor in the vibrant City of Los Angeles. This property offers an impressive street presence in a highly sought-after area known for its dynamic business environment. The building boasts versatile space that is ideal for various industrial uses or could be reimagined for a new business venture. With a generous lot size, ample workspace, and easy access to major Los Angeles thoroughfares, this property is a valuable asset for any investor or business owner looking to make a mark in the heart of one of the world's most influential cities.
