Located on Willowcrest Avenue in North Hollywood, California, this multifamily investment is a great opportunity for those looking for a clean building with updated electrical and complete seismic retrofit. Offering a unit mix of (7) - 1 bed / 1 bath and (1) - studio / 1 bath a buyer will have the opportunity to capture huge rental upside through renovations.
Turnkey Auto Body Shop & Prime Commercial Property - Your Opportunity Awaits!! Unlock the doors to success with this rare gem! This commercial free-standing building is your one-stop-shop for entrepreneurial triumph. Nestled in a High-traffic area.Fully-equipped auto body shop ready for action. High visibility and accessibility for maximum foot traffic. Ample parking for convenience. Prime location with growth potential. Whether you're an industry pro, looking to expand or a savvy investor seeking a lucrative venture, this is your golden ticket! Don't miss out on this dynamic duo a thriving business and a valuable property in one.
We are pleased to present an 11-unit apartment building nestled in North Hollywood. The property boasts a gated entrance, an inviting courtyard for its residents, community laundry facilities, and ample parking, ensuring convenience for all. Moreover, there's significant potential for increased rental income, as current rents are below market rates. Constructed in 1977, this 7,030 square foot, 11-unit building occupies an 11,988 square foot lot zoned R3. It's ideally situated on Victory Blvd in the North Hollywood neighborhood, offering easy access to shopping, dining, and public transportation. The Red Line is just over a mile away, granting residents seamless connectivity to the 170, 5, and 101 freeways. The property is also close to the vibrant NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park, and North Hollywood Park.
Burts and Associates presents 13060 Burbank Blvd, Sherman Oaks a 19-unit value-add property with a 40%+ upside in rents in the highly desirable Sherman Oaks area of the San Fernando Valley. The building is located within walking distance of the Los Angeles Valley College. This value-added opportunity provides investors to acquire an excellently located, well-maintained, and easy-to-manage apartment building. The building has been consistently upgraded with recent major improvements that include trim exterior repainting and steel railings repainting (2023), new copper plumbing throughout (completed in 2019), new roof (completed in 2018), parking soft story retrofit completed, dual pane windows upgrade. Twelve of the units have been recently remodeled and upgraded with quartz counters, flooring, and wood cabinets. The property is well amenitized with a gated pool, secured entry and parking, and on-site laundry facilities. With 3 ADU units allowed by the City of Los Angeles to be built, the increase in rental income combined with the added value of the price per unit and square foot overall value benefit a new owner. The building was constructed in 1958 and is a 19-unit 15,295 square foot building on a 15,825 square foot [Q]RD1.5-1 zoned lot. There is an excellent unit mix of on
We are pleased to exclusively present 5914 Coldwater Canyon Ave, a remarkable investment opportunity in the heart of Valley Village. Note: Seller may carry. This meticulously maintained 6-unit property spans approximately 5,978 square feet on an approximately 6,789 square feet, zoned R3-1. Nestled in the prestigious Valley Village area, known for its affluent residential character with an average single-family home price of $2,062,857 and a median sales price of $1,745,000, the property stands as a beacon of potential.5914 Coldwater Canyon Ave boasts a well-conceived unit mix, comprising four one-bedroom/one-bathroom units alongside two spacious two-bedroom/one-bathroom units. Its prime location, just a block away from Los Angeles Valley College, anchors the property in a vibrant community and ensures a robust tenant base that includes local college students, offering stability and consistent demand. The investment potential is further enhanced by a rear detached garage, currently offering six parking spaces. This space is primed for the development of two additional 2-bedroom, 1-bathroom Accessory Dwelling Units (ADUs), potentially expanding the total unit count to eight and diversifying the income stream for a discerning investor. In terms of property improvements, 5914 Coldwat
Office and Warehouse Presenting 3608 W. Burbank Blvd, a highly visible commercial property in Burbank, CA. With ample parking, excellent signage opportunities, and a versatile layout, this property is well-suited for businesses seeking maximum exposure and a prime location.
Incredible opportunity to own 6 newer(built in 2007) luxury townhomes in most desirable area of Sherman Oaks only half block north of Ventura blvd. walking distance to numerous shopping, dining, public transportation, and entertainment all within close proximity. This offering presents major upside income potential as rents are currently low. All 6 townhomes have their own separate assessor parcel numbers so they should not fall under rent control as condos(buyer to verify) and can be sold separately upon forming HOA. All units are beautiful, spacious and have 3 bedrooms, 2.5 baths, bonus room by the garage and a loft on the top floor, open floorplan with large living room with sculptured ceilings and fireplace, Large granite kitchen with breakfast area, three bedrooms are on the second level of the home alongside the second guest bathroom with a tub, oversized landing. The primary bedroom has vaulted ceilings and is fully loaded with an ensuite bathroom, his and her walk in closets. The primary bathroom also has a double vanity, bidet, and a bathtub. The 3rd level of the condos contains a perfect space for loft or an office and leads to the rooftop deck with views. attached 2 car garage with direct access to the unit, in unit laundry. Pride of ownership property! Do not enter pr
Seller Will Carry - The unit mix consists of (7) 1+1 units, (1) 1+1.5 unit, and (2) studio units. With a lot size of 7,640 square feet, the three (3) story structure totals 8,675 building square feet. The soft story seismic retrofit was previously completed and four (4) of the units have undergone extensive interior remodeling and upgrading. The rents are roughly 20% below market providing an astute investor the opportunity to capture the significant upside in the rents. A buyer may also choose to capitalize on the in-place debt at yesterday's rate of 3.25% interest. The current outstanding loan amount is approximately $1,790,000. This property is separately metered for gas and electricity and has an on-site laundry room delivering additional income. Situated in a prime Sherman Oaks location just South of Ventura Blvd, tenants can walk to countless cafes and shops and enjoy easy access to both the 405 & 101 Freeways.4188
Over 30 empty burial spaces available for way below market value in the beautiful Valhalla Memorial Park Cemetery. The owner of these serene spaces privately owns a portion in the cemetery but is selling of his spaces privately / individually. If multiple spaces are purchased together, the owner is willing to sell for even less! These spaces have doubled in market value over the last few years. The Cemetery itself is home to Veteran heroes, old Hollywood royalty, aviation pioneers & many other locals that have found their final resting place here. The cemetery is located in a haven of tranquility, these sacred grounds offer more than just a final resting place, they provide a sanctuary for cherished memories to bloom eternally. The property remains well maintained & includes many warming features such as fountains, endless greenery, trees, scenic mountain views, watersides, memorials, museums, daily service & maintenance, & much more..... The listing price is per space. Single lots currently range from $20,995 & up to $32,995. Please feel free to reach out for further details.
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.
THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property y
A 15-unit Multifamily Located in Noho West With a Ton of Upside (74%). the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $250K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.65 and Proforma CAP rate of 8.76%. EQ Retrofitting has been completed and main electrical panel and subpanels have been upgraded in 2024.
Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 6.52% Cap Rate with 96% upside in rents! Three (3) move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.
We are pleased to present 4528 Murietta Avenue, a 12-unit multifamily property located in the heart of Sherman Oaks. This property represents an exceptional opportunity for investment in a highly sought-after pocket of the San Fernando Valley, situated only two blocks from Ventura Boulevard. 4528 Murietta Avenue has been well maintained and is an ideal choice for investors seeking approximately 45% in rental upside through an interior renovation program. Constructed in 1956, this two-story property comprises six 1-bedroom/1-bathroom units and six 2-bedroom/2-bathroom. Three of these units have undergone renovations featuring white shaker kitchen cabinetry, stone countertops, and updated bathrooms, while most units have received new vinyl plank or wood laminate flooring. Most of the remaining units have had kitchens renovated prior to current ownership. Five of the ground floor units feature private patios while the sixth has a private yard. All the second-floor units have a living room balcony. The floorplans for 1-bedroom and 2-bedroom units are identical and units are stacked allowing for efficient plumbing upgrades. All units are equipped with central HVAC, dishwashers, fireplaces and are individually metered for gas and electricity utilities. Currently there is one renovated
Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss o
Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.
4916 Hazeltine Ave, in the highly sought-after neighborhood of Sherman Oaks, presents a fantastic income opportunity with its 100% occupied, eight-unit building. With its ASSUMABLE FINANCING AT 3.51%, spacious 7,068 square footage building situated on a generous 7,908 square foot lot, this investment offers both size and potential. The prime Sherman Oaks location further enhances its appeal, providing easy access to all the amenities and attractions the area offers. Featuring a well-balanced apartment mix, including (2) three-bedroom units, (2) two-bedroom units, and (4) one-bedroom units, this property caters to a diverse range of tenants, ensuring stable and consistent rental income. Sherman Oaks is renowned for its tranquil suburban atmosphere, making it an ideal setting. The neighborhood's proximity to major studios further adds to its allure, attracting residents working in the thriving movie and TV industry. Residents of Sherman Oaks benefit from an array of upscale shopping options, including the nearby Westfield Mall and Sherman Oaks Galleria, along with a variety of local restaurants and boutiques. Outdoor enthusiasts will appreciate the abundance of parks, including the popular Van Nuys-Sherman Oaks Park, providing ample opportunities for leisure and recreation. Conveni
Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!
This is a great opportunity for an owner/user to purchase an industrial property in North Hollywood. The building consists of 3,800 square feet of nicely improved industrial space on 6,675 square feet of M2-zoned land. There are five roll up doors, two restrooms and twelve parking places. The majority of the building has epoxy floors and has been completely remodeled. The building has great access to the 5 Freeway and is located in the heart of the San Fernando Valley.
TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meter
Strategically situated in the heart of Van Nuys, this exceptional multi-residential property presents a compelling investment opportunity. Boasting a prime location, this sought-after apartment building consistently maintains high occupancy rates, with units rarely becoming available. Comprising a total of 8 units, the property features 7 units, each offering 2 bedrooms and 1 bathroom, and a unique 3-bedroom, 2-bathroom unit. Recent upgrades include a brand-new roof installed in January 2023. Additionally, the building boasts updated plumbing throughout and has undergone earthquake retrofitting. Don't miss out on this rare opportunity to own a property in a prime location, making it an attractive and lucrative investment.
Opportunity knocks! Come explore the potential of this apartment house 6 units on 9628 sqft flat lot, maybe you can build more units (check with the city). All of the units are spacious all together 4448 sqft of living space. All of the tenants are on a month-month, the rents are low. Buyers to do their own investigation in evaluating the potential of increasing the rents. Plenty of parking spaces. There are many upgrades like a new roof, copper plumbing, 2 units have tile floors, and 2 units have granite countertops. Centrally located near schools and shopping, workforce and transportation.
PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.
