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

$1,215,000
7 Beds 5 Baths 26642913 MLS Active Status
Situated in the heart of Park Mesa Heights, this well-maintained Spanish-style triplex offers a rare opportunity for both investors and owner-occupants. Built in 1931, the property features a detached front bungalow, providing privacy and the feel of a single-family residence.The property consists of three updated units totaling approximately 3,028 square feet, with 7 bedrooms and 5 bathrooms overall. The front detached bungalow features a spacious 3-bedroom, 1-bath layout, while the two rear units each offer 2 bedrooms and 1.5 bathrooms.All units have been updated, and the current owner has completed major system replacements, details of which are outlined in the seller disclosures, offering added confidence and reduced near-term capital expenses. One unit is currently vacant, making this an ideal opportunity for an owner-occupant or an investor seeking immediate upside.Additional highlights include a gated driveway, detached garage, and four on-site parking spaces. The property is located in a neighborhood supported by ongoing city-backed development, contributing to long-term growth and demand.Conveniently located near the Crenshaw K Line, providing direct connectivity to LAX and seamless access to the Expo Line, offering easy routes to DTLA and the beaches. The property also enjoys close proximity to Inglewood's major stadiums and entertainment district, enhancing both rental appeal and lifestyle convenience.Buyers may be able to explore favorable financing options, including programs that allow for interest rate flexibility and credits that may be applied toward down payment or closing costs. A versatile, income-producing asset with owner-user flexibility in a rapidly evolving South Los Angeles location.

6544 S Victoria Avenue, Los Angeles

$925,000
4 Beds 3 Baths 26643257 MLS Active Status
1625 S Bonnie Brae Street presents a rare opportunity to acquire a large, two-story residence within a private, compound-like setting near the heart of Los Angeles. Comprised of approximately 2,846 square feet on a 6,377 square foot lot, the property is currently configured as a single-family style residence with four bedrooms and three bathrooms, but it is recorded as a duplex on title, and registered as a fourplex with LAHD. The interior layout does not reflect a clearly divided two-unit configuration, offering flexibility for future owner-users or long-term hold investors.The home features generous room sizes, and a layout well-suited for multigenerational living, work-from-home use, or creative reconfiguration. The property is currently leased to a master tenant who subleases one bedroom to another tenant; the tenant has expressed willingness to cooperate with vacating the property post-closing should the buyer desire the property to be vacant.Zoned RD1.5-1 and located within an historical preservation zone, the property offers long-term upside while maintaining its existing residential character. The property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Ideally located near DTLA, Koreatown, USC, major transit corridors, and the 10, 110, and 101 freeways. Buyer to independently verify square footage, unit count, bedroom and bathroom count, permits, zoning, rent control applicability, and the legality of all improvements, systems, and configurations. Note: the property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Interior photos were limited for privacy reasons as the property is occupied.

1625 S Bonnie Brae Street, Los Angeles

$1,099,000
CV26018950 MLS Active Status
Ideal for 1031 exchange buyer or owner-occupied. Cap rate is about 5.5~6%. Start earning rental income from day one with this tenant-occupied property. Solid 7200 monthly income with strong tenants!! All units are month to month lease. This is a DREAM property for an investor or occupant owner. This property is not located in LA rent control area, NOT RSO. The property has been managed & maintained by professional property management for the last 5 years. There are 3 DETACHED units on the property. Unit 1 is a 4/2. Unit 2 is a 2/1. Unit 3 is a 2/1. There is a 2 room storage unit on the property being used by the residents that could potentially be transformed into an ADU. Rents are all close to market. All tenant ledgers are available upon request. Estoppels can be signed by each resident as well. Unit 3 was completely renovated down to the studs in 2019. Roofs were redone in 2019. The lot size is at almost 6,500 sq ft. There is a long driveway capable of parking 6+ cars with plenty of open street parking at all times. Nearby attractions include Mariachi Plaza, LAC Hospital, USC Medical, Cal State LA, and the Metro Gold Line. In just minutes you can reach Downtown Los Angeles, Dodger Stadium, and Crypto Arena. The property also offers easy access to major freeways such as the 5, 60, 10, 710, and 110. Do not disturb tenants. All three units are occupied. The detached bonus 1bed 1 bath unit is vacant and previous rent is 1200. Don't miss the opportunity.!This is the house in the area that you can cover all your expense and payment with rental income and enjoy some positive cash flow!

1031 S Ditman, Los Angeles

$2,149,000
8 Beds 5 Baths 26642937 MLS Active Status
***ONE UNIT RECENTLY DELIVERED VACANT AFTER APPROXIMATELY 20 YEARS OF TENANCY, PROVIDING INVESTORS WITH A RARE OPPORTUNITY TO IMMEDIATELY RENOVATE AND REPOSITION THE UNIT WITHOUT TENANT RELOCATION CONCERNS.*** Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a "Walker's Paradise." Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking challenges.Each spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7,536 square feet, offering both charm and a substantial canvas for modern enhancements.

7401 Fountain Avenue, Los Angeles

$949,000
CV26017202 MLS Active Status
Exceptional opportunity to own an upgraded, income-producing triplex in a prime Los Angeles location offering immediate cash flow of $77,400 in yearly revenue, modern improvements, and long-term appreciation potential. This property has undergone extensive renovations completed in December 2021, including bright new flooring, updated bathrooms, refreshed interiors, and major system upgrades designed to reduce maintenance and attract quality tenants. Approximately three years ago the plumbing was upgraded to durable PEX throughout, providing long-lasting reliability and peace of mind for investors. All units feature modern finishes and appealing layouts, making this a true multi-unit asset with additional rental upside. The property is individually metered for electricity and gas, helping keep owner expenses low. Owner pays water only (approximately $800 every two months), while tenants cover other utilities. Ample parking is available with front parking for the front units and dedicated rear parking for the back unit, adding strong tenant appeal. Front Unit #1 is a spacious two-story 2-bedroom, 2-bathroom unit featuring significant electrical upgrades including a new 200-amp electrical panel and updated wiring. Front Unit #2 is a 1-bedroom, 1-bathroom unit with a new water heater installed June 2023 and modern interior finishes. Rear Unit #3 offers 2 bedrooms and 1 bathroom with upgraded flooring and private rear parking access. Ideally situated with easy access to major freeways, this property is just minutes from Downtown Los Angeles, USC, Exposition Park, museums, entertainment venues, LAX, and SoFi/Rams Stadium, making it highly attractive for tenants seeking convenience and connectivity. With recent renovations, modern infrastructure, low owner utility responsibility, strong rental demand, and clear upside potential, this triplex represents a rare investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio.

6530 Denver, Los Angeles

$1,200,000
7 Beds 5 Baths SR26014528 MLS Active Status
ATTENTION INVESTORS!!!—Excellent triplex opportunity in the heart of Vermont Square, Los Angeles. This income-producing property offers 2,854 square feet of living space on a 5,501 square foot lot and is conveniently located just 7 minutes from USC, Exposition Park, the Natural History Museum, BMO Stadium, schools, shopping, and dining. The property consists of three units: Front Unit (Delivered Vacant & Fully Remodeled): A spacious 3-bedroom, 2-bathroom home featuring a living room, dining room, and full kitchen. Second Unit – Townhome Style (Delivered Vacant & Fully Remodeled): Two levels with a living room, dining room, full kitchen, and half bathroom on the first floor, and 2 bedrooms with a full bathroom on the second floor. This unit includes a one-car attached garage. Third Unit: A 2-bedroom, 1-bathroom unit with a living room, dining area, and full kitchen—currently tenant occupied. The property offers excellent upside potential, with two vacant, remodeled units ready for immediate rental at current market rates, or ideal for an owner-user or house-hacker. Additional features include: Six total parking spaces (five uncovered rear spaces plus the attached garage. Separate electrical meters and gas connections for each unit. Separate water meter for Unit 1; Units 2 & 3 share one water meter. Originally a single-family residence, the property was legally converted into a triplex with permits in 2007.

1257 W Vernon, Los Angeles

$3,800,000
8 Beds 14 Baths 26640199 MLS Active Status
LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, proximate area with an excellent resident's score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within a proximate distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

453 S Gramercy Place, Los Angeles

$799,900
DW26011671 MLS Active Status
Strong income-producing duplex in Los Angeles with actual performance metrics of a 6.9 percent cap rate and an 11.8 GRM. This updated, well-maintained property delivers real current returns, making it an excellent opportunity for investors seeking reliable cash flow today rather than projected returns. One unit is occupied by a long-term tenant with a documented history of on-time payments, providing stability and proven performance. The second unit is currently on a one-year RSO lease, giving any investor added confidence that returns are already in place and highly reliable from day one. The property features two separate units with recent upgrades throughout, including brand new windows, new flooring, fresh interior paint, updated tile, kitchen sinks, and modern finishes. The front unit includes a newly remodeled bathroom and updated appliances, while the back unit features a new water heater. Additional improvements include a reinforced foundation, adding long-term structural value and durability. Each unit offers separate laundry, and the property includes a long driveway with ample parking and a private backyard, a rare feature in Los Angeles. Conveniently located near freeways, shopping, and local amenities, this duplex benefits from strong rental demand and tenant appeal. Ideal for both investors and owner occupants seeking a move-in-ready duplex with dependable income, stability, and upside potential in a prime Los Angeles location.

9623 Bandera, Los Angeles

$1,220,000
4 Beds 3 Baths 26637941 MLS Active Status
This property presents an excellent investment opportunity in one of Los Angeles' centrally located and well-connected neighborhoods. Situated just minutes from Downtown Los Angeles and Koreatown, with easy access to major thoroughfares, public transportation, dining, and retail.The duplex will be delivered fully vacant, allowing the new owner to apply current market rental rates. The property features two newly renovated units located near the southwest of Vermont Ave and Pico Blvd.Unit 1 (Front Unit) offers 3 bedrooms and 2 bathrooms with an open floor plan, hardwood flooring throughout, a spacious living area, and a modern kitchen with matching stainless steel appliances. The expansive L-shaped kitchen includes granite countertops, dual sinks, contemporary wood cabinetry, and a stylish breakfast bar. Bathrooms feature granite vanity tops with matching backsplashes. This unit also includes a dedicated laundry room with access to the backyard.Unit 2 (Rear Unit) features 1 bedroom and 1 full bathroom, with laminated wood flooring in the living room and kitchen. The modern kitchen is equipped with quartz countertops, dual sinks, and opens to a den that can be used as an additional bedroom or entertainment space.The paved driveway and concrete backyard accommodate multiple vehicles, and the property includes rear alley access for added convenience.A must-see opportunity for investors seeking a high-income rental property. Don't miss this exceptional duplex.

1409 S New Hampshire Avenue, Los Angeles

$1,625,000
5 Beds 5 Baths 26636021 MLS Active Status
BEST VALUE IN MID CITY! Welcome to Lucerne tower! A five unit, 1920's Italianate Arts & Crafts architectural multifamily apartment building with multiple live/ loft/ work accessory unit potential. Centrally located, within the urban vibrancy of Mid City Heights/West Adams district. Officially designated an "Urbanized, Transit Priority Area" (TPA), the property is strategically positioned in the most appealing centre of high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighbourhood is experiencing a rapid growth of multifamily development. Lucerne Tower sits within recently funded city infrastructure installations including (2) Metro lines to USC , LAX, Downtown, Westside Beaches, and walkability to the "Washington Corridor" & Artist District featuring trending coffee venue destinations and art galleries. All units have been master-crafted, millwork restored and adequately sized [potential reconfigure] with hi-cove ceilings, separate dining areas, sconced parlors and Batchelder fireplace mantles. Bathrooms feature wainscoted tile, pedestal sinks, and deep 1920s Kohler tubs in all units. All units retain individual laundry rooms with 125 amp electric service, copper plumbing with no expense spared on the structural assets. The property sits atop an apex of unobstructed, Los Angeles citywide views. Here you will find the "hero tower" unit with a separate 12'x12' creative space, 360' panoramic rooftop views and balconies perched over the Mediterranean landscape's 25 ft palm trees. The rear loft apartment sits stand alone over (4) additional artist shops or studio workplaces adding a unique flex-space potential [buyer to verify with city]. The property can be versatile for an owner-user/creative that wants to have onsite work -loft studio space or any professional/investor.

2331 Lucerne 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.