Los Angeles, CA Real Estate Search

Los Angeles, CA Multi-Family Homes for Sale

Los Angeles, CA, is a vibrant hub for real estate investment, particularly in the multi-family homes sector. With its diverse neighborhoods and robust rental market, the city offers a variety of multi-family properties that attract both seasoned investors and first-time buyers. From classic duplexes in historic districts to modern apartment complexes near urban hotspots, the landscape caters to varied preferences and investment strategies. The demand for multi-family homes is driven by the city's booming population and a continual influx of residents seeking rental opportunities, making it a lucrative choice for generating passive income. Additionally, the unique zoning laws and development incentives in certain areas create further opportunities for expansion and remodeling, adding to the appeal of multi-family real estate in this iconic Californian metropolis.

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Newest Los Angeles, CA Multi-Family Homes for Sale

$1,995,000
26834843 MLS Active Status
664 S Cloverdale Avenue is a rare, family-owned multifamily asset located in the heart of Los Angeles' highly desirable Miracle Mile submarket. The property is zoned LAC2, which may allow up to 16 units by right, with the potential for additional units through applicable density bonus incentives (buyer to verify), offering future development upside and increased density potential. Positioned moments from The Grove, Original Farmers Market, LACMA, Petersen Automotive Museum, Academy Museum, Trader Joe's, Whole Foods, and the newly opened Metro D Line extension, the property offers tenants immediate access to one of the city's strongest lifestyle, cultural, and transit-oriented corridors. The property features a classic Los Angeles courtyard-style configuration with four spacious two-bedroom units, abundant natural light, functional layouts, and desirable architectural character. Long-term ownership and consistent care provide a stable foundation for a new investor to preserve the asset's existing income while pursuing future value-add opportunities. Building systems, including plumbing, electrical, and roof, are in good condition with ongoing maintenance, supporting a well-preserved physical profile and reducing near-term capital exposure. Supported by strong tenant demand, limited rental supply, walkable amenities, and expanding Metro connectivity to Beverly Hills, Century City, and Downtown Los Angeles, 664 S Cloverdale Avenue presents a well-located multifamily opportunity for investors seeking durable cash flow, rental upside, and long-term appreciationin one of Los Angeles' most resilient rental submarkets.

664 S Cloverdale Avenue, Los Angeles

$3,999,000
15 Beds 15 Baths 26666461 MLS Active Status
Located in the vibrant heart of Koreatown, this exceptional 13-unit apartment property offers a rare blend of prime location, strong investment potential, and modern urban living. Positioned on a desirable south and east-facing corner, the building enjoys abundant natural light along with breathtaking city light views.Situated in one of Los Angeles' most dynamic and highly sought-after rental markets, the property presents tremendous upside potential with continued demand and future appreciation. Many of the units have been thoughtfully upgraded with contemporary open-concept floor plans, creating bright, airy living spaces complemented by stylish modern kitchens and comfortable layouts designed for today's lifestyle.Residents enjoy the convenience of covered parking with secure gated access, while being just moments away from renowned restaurants, popular cafs, supermarkets, pharmacies, shopping, entertainment venues, schools, and Metro stations offering the ultimate walkable urban lifestyle.This property also represents an outstanding redevelopment and long-term investment opportunity, surrounded by numerous new luxury and mixed-use developments currently transforming the neighborhood. With ongoing revitalization and strong market momentum throughout Koreatown, this asset offers exceptional potential for future value growth and portfolio enhancement. Most of units have been remodeled !

741 S Hobart Boulevard, Los Angeles

$2,200,000
9 Baths 26835507 MLS Active Status
We are pleased to present 1217 S Orange Grove Avenue, a well-maintained 7-unitmultifamily investment opportunity located in the highly desirable Mid-City submarket of Los Angeles. The property consists of approximately 5,983 square feet of living area situated on a 7,115 square foot LAR3-zoned lot, offering investors a compelling combination of stable in-place income and long-term upside potential. The building also features distinctive architectural elements, highlighted by subtle LED accent lighting that enhances the property's curb appeal and creates a unique visual presence during evening hours. The property is separately metered for gas and electricity, with water master metered, helping streamline operating expenses. Additional income is generated through an on-site shared laundry facility. The asset also offers rear parking, ample street parking, and is situated on a quiet, well-maintained residential street, further contributing to strong tenant appeal and long-term occupancy stability. The property features an attractive unit mix consisting of two (2) 2 bedroom/2-bathroom units, one (1) 2 bedroom/1 bathroom unit, three (3) 1 bedroom/1 bathroom units, and one (1) bachelor unit. The building benefits from a strong renovation profile, with four (4)units fully renovated (Units #1, #2, #5, and #7), featuring upgraded flooring, modernized kitchens with updated cabinetry and quartz countertops, refreshed bathrooms, and new interior paint. Two additional units (Units #3 and #4) have been partially renovated, providing investors with additional value-add potential through continued interior upgrades. This diverse unit composition offers a balanced blend of stabilized cash flow and future rental upside. Additionally, the property has completed the soft-story seismic retrofit.

1217 S Orange Grove Avenue, Los Angeles

$875,000
5 Beds 2 Baths 26835377 MLS Active Status
We are pleased to present a rare opportunity to acquire a vacant, fully renovated, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom + 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot LARD2-zoned lot, making it ideally suited for student housing or co-living arrangements. The property has recently undergone extensive renovations, including a brand-new kitchen, updated bathrooms with modern tile work and glass shower enclosures, new vinyl plank flooring throughout, and fresh interior and exterior paint. A dedicated on-site laundry area is conveniently located outside of the property. Given its premier location just steps from campus and the USC Village, the property offers exceptional income potential. Each bedroom can achieve approximately $1,500 per month, resulting in a projected gross income of $7,500 per month. Additionally, tenants are responsible for all utilities, including water, trash, gas, and electricity, helping keep operating expenses low and maximizing net income for the owner. The investment is priced at a 8% cap rate, an excellent cash-flow opportunity. Beyond its proximity to USC, the property is within walking distance to the Metro Expo Line, providing easy access to Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major attractions such as the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the future George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, the area continues to experience strong growth and increasing demand. This is an excellent opportunity to acquire a turnkey, high-demand rental property in one of Los Angeles' most dynamic and rapidly evolving neighborhoods.

1109 Exposition Boulevard, Los Angeles

$2,075,000
2 Beds 7 Baths 26834997 MLS Active Status
Situated in the heart of Hollywood, 805-809 N. McCadden Place presents a rare opportunity to acquire a character-rich 7-unit multi-family asset with significant upside potential. Originally built in 1941, the property blends timeless architectural charm with meaningful system and interior upgrades, offering investors both stability and future value creation. The property consists of a well-balanced unit mix, with 5 of the 7 residences thoughtfully remodeled to feature upgraded wainscoting, hardwood flooring, and enhanced finishes throughout. Five units also include central air conditioning, while select residences offer in-unit laundry for added tenant convenience. The remaining two units provide an ideal opportunity for future renovation and rental growth.Operational eciencies are enhanced as tenants pay all utilities, helping minimize owner expenses. Additional capital improvements completed by previous owner-contractor include updates to five electrical panels, while the roof is approximately 15 years old per seller. Further distinguishing the asset are three separate 2-car garages, presenting a compelling value-add opportunity for potential ADU conversions(buyer to verify). The property's existing layout, garage infrastructure, and desirable Hollywood location position it well for an investor seeking long-term appreciation and additional income potential. Located moments from some of Los Angeles' most vibrant dining, entertainment, and employment hubs, 805-809 N. McCadden Place offers a unique combination of current cash flow, historic charm, and future development opportunity in one of the city's most dynamic rental markets.

805 N Mccadden Place, Los Angeles

$910,000
5 Beds 4 Baths 26834543 MLS Active Status
We are pleased to present the opportunity to acquire 3109 S. Catalina Street, a fully renovated 5-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. Currently occupied by USC students, the property generates $6,500 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully restored 1905 Craftsman single family residence, totaling approximately 1,140 rentable square feet on a 3,125 square foot lot. The property has undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. In addition to strong in-place cash flow, the property presents a significant value-add opportunity through the construction of an ADU at the rear of the lot. With ample remaining lot area and favorable zoning for ADU development, an incoming investor has a clear path to meaningfully increase gross income, boost overall yield, and enhance long-term property value, mirroring the proven ADU model already thriving throughout the USC student housing submarket. Operating costs are minimal, as tenants are responsible for all utilities; gas, water, trash, and electricity, allowing ownership to retain a larger share of gross income as NOI. Priced at a 7% cap rate and 11.6x GRM, the property delivers both stabilized cash flow and a clear roadmap for future growth through ADU development, making it an attractive long-term hold in a supply-constrained pocket of Los Angeles.

3109 S Catalina Street, Los Angeles

$1,495,000
11 Beds 7 Baths 26834529 MLS Active Status
We are pleased to present the opportunity to acquire 1449 W. 28th Street, a fully renovated 11-bedroom + 7-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. Currently occupied by USC students, the property generates slightly above $11,000 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded 1903 Craftsman single family residence with 7-bedrooms + 4-bathrooms, paired with a newer detached ADU built in 2019, featuring 4-bedrooms + 3-bathrooms. Together, the structures total approximately 3,287 rentable square feet on a 6,754 square foot lot. Both structures have undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. Operationally, the asset is exceptionally efficient. Tenants are responsible for all utilities, including gas, water, trash, and electricity, helping minimize landlord expenses and maximize net operating income. Priced at a 7% cap rate and 11x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

1449 W 28th Street, Los Angeles

$1,095,000
7 Beds 4 Baths 26833429 MLS Active Status
We are pleased to present the opportunity to acquire 1477 W. 29th Street, a fully renovated duplex student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Situated just blocks from the University of Southern California, the property benefits from one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and strong year-round tenant demand. The property is currently 100% occupied by USC students and fully leased, generating approximately $7,500 per month. With a proven operational history, parental guarantees, and strong in-place cash flow, the asset offers investors immediate yield and stable income from day one. The property consists of a beautifully upgraded 6-bedroom + 3-bathroom craftsman single family residence originally built in 1907, along with a detached studio ADU, totaling approximately 2,328 rentable square feet situated on a 5,626 square foot lot. Both units have undergone extensive renovations featuring modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tile showers with glass enclosures, in-unit washer and dryers, furnished bedrooms, updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. The property also features gated access, and a large outdoor area, all highly desirable amenities for the USC student demographic. Operationally, the asset is highly efficient, with tenants responsible for all utilities; gas, water, trash and electricity, helping minimize landlord expenses and maximize net operating income. Offered at approximately a 6.5% cap rate and 12x GRM, the asset represents a rare plug-and-play investment opportunity combining strong in-place cash flow, and long-term appreciation potential in one of Los Angeles' most resilient and supply-constrained rental submarkets.

1477 W 29th Street, Los Angeles

$2,425,000
22 Beds 24 Baths 26834197 MLS Active Status
We are pleased to present 137 E 119th Street, a newly constructed four-unit multifamily property in South Los Angeles, this non-rent-controlled asset offers a rare opportunity in a rapidly growing and supply-constrained rental market. Upon stabilization at market rents, the property is projected to generate a7.5%-8.0% cap rate, supported by strong income performance and efficient long-term operations. The property consists of two three-story 7-bed / 7.5-bath townhome-style units and two two-story 4-bed / 4.5-bath units. Each residence is designed to accommodate large households, co-living arrangements, or institutional tenancy. Units feature modern kitchens, in-unit laundry, and quality finishes, offering a fully turnkey, lease-ready product with strong renter appeal. An additional bonus recreation room provides expanded functional space, enhancing livability and increasing overall utility for tenants. Constructed for long-term ownership, the asset includes separately metered utilities and solar, reducing operating expenses and minimizing ongoing maintenance requirements. The townhome-style configuration enhances privacy and livability while maximizing rentable square footage and overall income efficiency. Delivered 100% vacant, 137 E 119th Street is well suited for a range of investment strategies, including traditional long-term hold, co-living operations, or master lease structures. With new construction quality, efficient systems, and strong underlying rental fundamentals, the asset offers a compelling opportunity for durable income and long-term appreciation. Located in South Los Angeles with strong rental demand driven by proximity to major employment and entertainment hubs. Minutes from SoFi Stadium, Kia Forum, and Hollywood Park, a growing mixed-use destination with retail, dining, and entertainment. Convenient access to the 105 & 110 Freeways and close to LAX, supporting strong connectivity for tenants. Positioned within a high-growth corridor benefiting from ongoing development and infrastructure investment in South Bay and Inglewood.

137 E 119th Street, Los Angeles

$3,795,000
BB26104696 MLS Active Status
2840 Wellington Rd is a newly constructed five unit luxury investment opportunity located on a quiet residential street in prime Mid-City. This modern asset offers an outstanding 6.46% cap rate supported by approximately $300,000 in gross annual income, with a master lease in place delivering immediate rental stability and minimal operational expenses for investors seeking true day one cash flow. The property is comprised of five ultra high-end residences featuring a desirable mix of expansive four bedroom townhome-style units, a spacious three bedroom, and a one bedroom unit. Each residence showcases open concept floorplans with oversized kitchens, sleek modern cabinetry, stainless steel appliances, designer bathrooms, and abundant natural light, creating a premium living experience that strongly appeals to today’s renter. Strategically located just minutes from Culver City’s thriving tech and media corridor—including Amazon, Apple, HBO, and Sony—this central Mid-City location continues to attract strong rental demand from young professionals seeking convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. With separately metered utilities, brand new construction, central HVAC, in-unit laundry, and low maintenance building systems, 2840 Wellington offers investors a turnkey, operationally efficient asset with strong in-place income and long-term upside in one of Los Angeles’ most sought-after rental submarkets.

2840 Wellington Road, Los Angeles

$2,225,000
8 Beds 4 Baths 26827697 MLS Active Status
The Sycamore Portfolio is now available for the first time in over 50 years. This exclusive and rare opportunity presents the acquisition of five architecturally distinctive multifamily properties thoughtfully positioned throughout Hancock Park, each offering strong upside potential and timeless character within one of Los Angeles' most consistently desirable residential neighborhoods. 320 N Sycamore is a classic Spanish Colonial Revival set along one of Hancock Park's most desirable residential streets, offering a timeless architectural presence rooted in character and tradition. This well-maintained four-unit multifamily property spans 5,732 SF on a 7,821 SF lot, with each unit consisting of 2-bedrooms and 1-bath. The property includes detached garages with ADU possibilities, adding further long-term value and flexibility. The facade is defined by traditional architectural elements, including a terra cotta tile roofline, arched central entry, and textured stucco exterior, all softened by mature sycamore trees that frame the property and cast natural shade. Subtle detailing enhances the character without overwhelming the overall composition. A manicured front lawn and hedged perimeter create a clean, welcoming approach, leading to a warm wood entry set beneath a classic archway. The setting feels composed and residential, more akin to a private home than a typical income property, offering a sense of care and thoughtful design. Inside, the scale and window lines suggest well-proportioned residences filled with natural light, appealing to tenants drawn to the neighborhood's architectural charm and livability. Positioned in the heart of Hancock Park, just moments from Melrose Avenue, the property benefits from consistent tenant demand driven by its prime location, walkability, and the neighborhood's long-standing reputation. This is an opportunity to acquire a stable asset with clear long-term upside in one of Los Angeles' most established rental markets. As part of the broader Sycamore Collection portfolio offering, the property represents a unique opportunity to acquire one of five distinctive architectural multifamily assets within one of Los Angeles' most consistently desirable residential neighborhoods.

320 N Sycamore Avenue, Los Angeles

$2,795,000
8 Beds 8 Baths 26813983 MLS Active Status
The Sycamore Portfolio is now available for the first time in over 50 years. After countless years under the same ownership, this exclusive and rare opportunity presents the acquisition of five architecturally distinctive multifamily properties thoughtfully positioned throughout Hancock Park, each offering strong upside potential and timeless character within one of Los Angeles' most consistently desirable residential neighborhoods.326 N Sycamore is a timeless Hancock Park asset defined by architectural character and long-term upside. This well-maintained four-unit multifamily property spans 6,321 SF and is set on a 7,819 SF lot, with each unit offering 2-bedrooms and 2-baths. The property blends classic design with enduring craftsmanship, highlighted by rich hardwood floors, arched openings, and beautifully detailed windows that bring warmth and natural light into each residence. The property also includes detached garages with ADU potential, further enhancing its long-term value and flexibility. The building carries a strong presence from the street, with its symmetrical facade, mature landscaping, and thoughtful architectural details that distinguish it from more conventional income properties. Each residence benefits from generous layouts and design elements that elevate everyday living. Rather than uniform, cookie-cutter interiors, the residences reflect a level of character and scale that appeals to today's renters seeking charm without compromise. This is an asset that not only performs, but also feels distinct, ideal for both investors and owner-users looking for a more curated offering. Set in the heart of Hancock Park, one of Los Angeles' most established and desirable neighborhoods, the location is a major driver of value. Just moments from Melrose Avenue, residents enjoy easy access to some of the city's best dining, shopping, and lifestyle destinations, all within a highly walkable setting. Central, connected, and consistently in demand, this is a location that continues to perform over time. As part of the broader Sycamore Collection portfolio offering, the property represents a unique opportunity to acquire one of five distinctive architectural multifamily assets within one of Los Angeles' most consistently desirable residential neighborhoods.

326 N Sycamore Avenue, Los Angeles

$1,475,000
PV26104126 MLS Active Status
A rare two-residence Westwood penthouse opportunity offering income potential, family flexibility, and long-term Westside ownership. Penthouse Westwood two condos exclusive fully leased income, two bedroom, two bathroom 1,118 sq ft each or 2,233 combined Units #301/#302, total GSI $101k; top of market lease price for each unit #301 $4,240 month and #302 $4250/month; Three subterranean deeded side-by-side parking spaces; Description #301 $4,240 Unbranded video is available under 360 on this listing. Private front balcony Views of the snow-covered mountains and Westwood (UCLA) and Century City from this Penthouse corner PET-FRIENDLY two bedrooms, two baths 1,118 sq. ft. home. Highly walkable/bikeable near Westwood Village, shops, dining, parks, UCLA(1.6 mi) & 405/10 Freeways. Westfield Shopping in Century City, Bev Mo, and more are down the street. Remodeled throughout, including the living room A/C and the in-unit stackable washer and dryer in the primary bedroom closet, beautiful wood flooring throughout, newer dual pane windows and slider, recessed lighting fixtures, and a ceiling fan with light in each bedroom. The kitchen has lacquered finish maple cabinets, quartz counters, new fixtures, an undermount sink, modern cabinet pulls, and LG stainless steel appliances. Building amenities include reserved subterranean parking, private indoor storage closets for each unit, indoor secure bike parking, and a multi-purpose room. Description #302 $4250 Penthouse back inside corner, two bedrooms, two baths 1,118 sq. ft. with inside washer/dryer on the quiet backside of this three-story Veteran Ave property Penthouse unit with a city view and elevator to the top plus back stairs to the garaged secured parking. Modern condo with top-to-bottom improvements; one shared wall with unit #301. Engineered bamboo flooring throughout. Milgard dual pane windows and slider & ductless A-C system. Recessed lighting, fixtures, and fans. Bathrooms with tile flooring, bamboo veneer vanities, quartz counters, plumbing fixtures, and enclosures. The modern kitchen has lacquered finish maple cabinets, quartz counters, newer fixtures, an undermount sink, modern pulls, and all LG stainless steel appliances.Washer and Dryer in the home and two parking spaces in subterranean gated parking. Two penthouse income condo units #301 $4,240//(#302// $4250/mo// annually; Operating expenses including HOA fees of $488 per unit //Tenants pay lease payments through innago.com

1601 Veteran Avenue Unit 301/302, Los Angeles

$2,225,000
8 Beds 4 Baths 26827805 MLS Active Status
The Sycamore Portfolio is now available for the first time in over 50 years. After countless years under the same ownership, this exclusive and rare opportunity presents the acquisition of five architecturally distinctive multifamily properties thoughtfully positioned throughout Hancock Park, each offering strong upside potential and timeless character within one of Los Angeles' most consistently desirable residential neighborhoods. 127 S Sycamore presents a refined Mediterranean-inspired architectural presence, with a sense of scale and symmetry that immediately distinguishes it along one of Hancock Park's most character-rich residential corridors. This four-unit multifamily property spans 5,851 SF and is situated on a 7,504 SF lot, with each unit offering 2-bedrooms and 1-bath. The property is defined by its smooth stucco facade, decorative ironwork, and sculptural arched openings, creating a timeless elegance that feels both substantial and residential in nature. The property also features detached garages with ADU potential, further enhancing its long-term value and flexibility. The front elevation is anchored by a beautifully detailed central entry framed with carved ornamentation and Old World influence, while a series of tall windows and covered balconies introduce rhythm, depth, and natural light throughout the structure. Mature landscaping and a manicured lawn soften the architecture, creating a warm and composed street presence that feels curated rather than institutional. Rather than functioning solely as a traditional income property, the building offers an experience more aligned with classic Hancock Park living, appealing to tenants who value charm, scale, and authenticity within a highly sought-after neighborhood setting. Located just south of Melrose Avenue in the heart of Hancock Park, 127 S Sycamore benefits from a highly desirable rental location with close proximity to premier dining, retail, and lifestyle destinations, supporting enduring value in a highly competitive market. As part of the broader Sycamore Collection portfolio offering, the property represents a unique opportunity to acquire one of five distinctive architectural multifamily assets within one of Los Angeles' most consistently desirable residential neighborhoods.

127 S Sycamore Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.