Refine Search
Map
Sort by
$500,000
3 Beds ⋅ 2 Baths ⋅ RS26138731 MLS ⋅ Active Status
Bring your vision, experience, and entrepreneurial mindset to this value-add opportunity in the heart of Boyle Heights. This 2-bedroom, 2-bath single-family residence offers approximately 896 square feet of living space on a 5,000-square-foot LAR2-zoned lot. The seller is highly motivated and prepared to work with a serious, qualified buyer who is ready and able to perform. However, this is not a distressed-price or low-ball opportunity. The seller is looking for realistic offers from experienced buyers who understand the property’s current condition, have the financial ability to close, and are prepared to move forward without unnecessary delays or renegotiation. The property is being sold strictly As-Is, with no repairs or credits to be provided by the seller. Cash offers are preferred, with a 30-day escrow or sooner. Proof of funds must accompany all offers, and clean offers with minimal or no contingencies are strongly preferred. Conveniently located near Downtown Los Angeles with access to the 5, 10, and 60 Freeways, shopping, schools, parks, and public transportation. Serious investors only! If you have the experience, resources, and track record to recognize an opportunity and follow through on it, the seller is motivated and ready to make a deal with the right buyer.

1172 Mirasol Street, Los Angeles
$989,888
MB26137169 MLS ⋅ Active Status
Fantastic investment opportunity featuring two detached single-family homes with a total of four units on a spacious lot in the desirable Boyle Heights area. This well-located income-producing property offers a unique setup with detached structures, providing added privacy and appeal for tenants. This property offers steady income potential and long-term appreciation in one of Los Angeles' most established rental markets. A rare opportunity to own a versatile multi-unit property in a prime Los Angeles location!

3454 Sabina St, Los Angeles
$660,000
WS26133808 MLS ⋅ Active Status
Excellent opportunity to own a duplex in Boyle Heights featuring approximately 1,510 sq. ft. of living space on a flat lot surrounded by commercial properties. This tenant-occupied property features two separate living units with individual addresses. The front unit (4227) features 1 bedroom and 1 bathroom, while the rear unit (4229) also features 1 bedroom and 1 bathroom. The property is located in a commercial zoning district (LCC3) and may offer future development possibilities.The detached garage may provide potential ADU conversion opportunities. Electrical panels and wiring were updated in 2023. Individually metered for gas and electricity. Conveniently located near major streets, shopping, dining, and transportation.

4227 E Cesar E Chavez, Los Angeles
$969,000
9 Beds ⋅ 3 Baths ⋅ 26850257 MLS ⋅ Active Status
Exceptional investment opportunity in a prime location with easy access to the 60 freeway and DTLA. 3445 E. 4th Street is a well-maintained triplex offering the perfect blend of immediate cash flow and upside potential. Two of the three units are currently leased, providing stable rental income from day one, while the third unit has been recently remodeled and is vacant -- ideal for an owner-user or an investor looking to maximize returns by leasing at current market rents. The property's unique layout enhances its appeal, with the rear unit situated well behind the front duplex and featuring its own private yard space. This separation creates a more private living environment and highlights the property's strong owner-user potential, whether occupying the vacant unit today or planning for future occupancy. Whether you're looking to offset your mortgage by living in one unit or add a strong-performing asset to your portfolio, this property offers flexibility and value. With a remodeled vacant unit, existing rental income, and future rent growth potential, 3445 E. 4th Street presents a rare opportunity for both investors and owner-occupants alike.

3445 E 4th Street, Los Angeles
$969,000
9 Beds ⋅ 3 Baths ⋅ 26850041 MLS ⋅ Active Status
Exceptional investment opportunity in a prime location with easy access to the 60 freeway and DTLA. 3445 E. 4th Street is a well-maintained triplex offering the perfect blend of immediate cash flow and upside potential. Two of the three units are currently leased, providing stable rental income from day one, while the third unit has been recently remodeled and is vacant -- ideal for an owner-user or an investor looking to maximize returns by leasing at current market rents. The property's unique layout enhances its appeal, with the rear unit situated well behind the front duplex and featuring its own private yard space. This separation creates a more private living environment and highlights the property's strong owner-user potential, whether occupying the vacant unit today or planning for future occupancy. Whether you're looking to offset your mortgage by living in one unit or add a strong-performing asset to your portfolio, this property offers flexibility and value. With a remodeled vacant unit, existing rental income, and future rent growth potential, 3445 E. 4th Street presents a rare opportunity for both investors and owner-occupants alike.

3445 E 4th Street, Los Angeles
$995,000
10 Beds ⋅ 5 Baths ⋅ 26849701 MLS ⋅ Active Status
We are pleased to present 505 S. Chicago Street, a five (5) unit multifamily investment opportunity in the heart of Boyle Heights. Comprised of two separate two-story structures, this wood-frame and stucco building sits on a raised foundation and offers 4,902 SF of living space on a 7,500 SF lot. Originally built in 1905, the property has been reinforced and upgraded to comply with the latest city codes and regulations, giving a new owner a well-maintained asset with lasting character. The building features a strong unit mix of three 2-bed / 1.5-bath units and two 2-bed / 1-bath units, all with spacious floor plans. The property is 100% occupied and subject to the City of Los Angeles Rent Stabilization Ordinance. Additional features include five on-site parking spaces and individual gas and electric metering, keeping operating costs low for ownership. Current gross income is $7,642 per month, priced at a 7.0% cap rate and 10.8x GRM, with approximately 50% upside in potential rents. With its prime location, attractive local amenities, and significant room to grow rental income, this is a rare opportunity to acquire a premier, income-producing asset in one of LA's most dynamic and appreciating submarkets.

505 S Chicago Street, Los Angeles
$1,499,999
GD26133886 MLS ⋅ Active Status
Excellent owner-user or investment opportunity on highly trafficked Whittier Boulevard. This approximately 6,888 square foot office building is situated on a 5,613 square foot lot and offers outstanding visibility in a prime East Los Angeles commercial corridor. The property features a functional two-story layout with multiple office configurations suitable for a variety of professional, medical, administrative, educational, or service-oriented uses. The building includes private gated parking in the rear with convenient alley access, providing secure on-site parking for employees and visitors. Constructed in 1983 with durable tilt-up concrete construction, the property offers a strong long-term ownership opportunity with flexible occupancy options. Strategically located near major transportation routes, retail centers, restaurants, and business services, this property benefits from strong traffic exposure and convenient access throughout Los Angeles County. Zoned LCM1*, the property may accommodate a variety of commercial uses, subject to buyer verification. Ideal for owner-users seeking a prominent business location or investors looking to add a well-located office asset to their portfolio. Buyer to independently verify all property information, square footage, zoning, permitted uses, and development potential.

5723 Whittier, Los Angeles
$660,000
2 Beds ⋅ 2 Baths ⋅ WS26133112 MLS ⋅ Active Status
Excellent opportunity to own a duplex in Boyle Heights featuring approximately 1,510 sq. ft. of living space on a flat lot surrounded by commercial properties. This tenant-occupied property features two separate living units with individual addresses. The front unit (4227) features 1 bedroom and 1 bathroom, while the rear unit (4229) also features 1 bedroom and 1 bathroom. The property is located in a commercial zoning district (LCC3) and may offer future development possibilities. The detached garage may provide potential ADU conversion opportunities. Electrical panels and wiring were updated in 2023. Individually metered for gas and electricity. Conveniently located near major streets, shopping, dining, and transportation.

4227 E Cesar E Chavez, Los Angeles
$610,000
3 Beds ⋅ 1 Baths ⋅ PW26132732 MLS ⋅ Active Status
Nestled in the heart of historic Boyle Heights, this charming 1909 bungalow offers a rare opportunity for owner-occupants and savvy investors alike. Featuring 3 bedrooms and 1 bath across 1,216 sq ft of living space, this character-filled home sits on a 5,184 sq ft lot with R2 zoning, opening the door to added development potential. This corner lot property includes a single-car garage with strong ADU conversion potential, ideal for generating rental income or accommodating multigenerational living. Conveniently located just off César Chávez Ave near Lorena St, with quick access to the I-10 and I-5 freeways, Downtown Los Angeles, shops, restaurants, and public transit. Sold strictly AS-IS. Pre-listing inspection report available upon request. Priced to sell at $625,000 — a fantastic opportunity in one of LA's most sought-after eastside neighborhoods.

3190 Blanchard, Los Angeles
$1,700,000
PW26132458 MLS ⋅ Active Status
209 North Mathews Street presents a 22-unit RTI infill multifamily development opportunity in Los Angeles’ Boyle Heights. This is an outstanding opportunity to acquire an asset with approved plans in one of Los Angeles’ most active infill development markets. Situated on an 8,846-square-foot LAR3-zoned lot, the property comes with approved plans for a 22-unit apartment building featuring nine one-bedroom units, 13 two-bedroom units, balconies for select units, and a rooftop common area with skyline views designed to enhance renter appeal. Three of the units are designated low income. Construction plans call for all wood construction, lessening construction costs compared to steel construction. Plans also call for storage space which could potentially be converted to four ADUs. Located just around the corner from the Metro E Line, the site offers residents convenient access to Downtown Los Angeles, major employment centers, and area attractions. Its transit-oriented location is increasingly attractive to renters seeking connectivity and affordability. Further enhancing the site’s walkability, a major grocery store is just two blocks away.

209 N Mathews, Los Angeles
$729,000
MB26132221 MLS ⋅ Active Status
Rare opportunity to own a fully renovated duplex in the highly sought-after Boyle Heights/City Terrace neighborhood. Perfect for an owner-user, live in one unit and generate rental income from the second unit to help offset your mortgage. Both units have been tastefully upgraded with new flooring, fresh interior paint, recessed lighting, renovated kitchens, remodeled bathrooms, and washer/dryer hookups. The property is move-in ready and offers flexibility for homeowners, investors, or multigenerational living. Conveniently located near Cal State LA, USC Keck School of Medicine, Downtown Los Angeles, and major freeways including the 5, 10, 60, and 710. Enjoy easy access to shopping, dining, public transportation, and employment centers throughout Los Angeles. Don’t miss this exceptional opportunity to own a turnkey income-producing property in one of East Los Angeles’ most accessible and growing communities.

1031 N Fickett, Los Angeles
$1,250,000
14 Beds ⋅ 7 Baths ⋅ 26847373 MLS ⋅ Active Status
Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 10.64 and a healthy NOI of $81,460, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.

2156 City View Avenue, Los Angeles
$1,200,000
CV26128029 MLS ⋅ Active Under Contract Status
Court-ordered partition referee sale subject to court approval and overbid. 12-unit mixed-use income property on a corner lot in Boyle Heights, built 1922. Three structures on one parcel spanning 4755–4761 Hubbard St and the Fetterly St frontage. Unit mix: ten studios, one 1-bedroom, and one 3-bedroom. 100% occupied. Current gross monthly income $10,773. Trailing 12-month gross income $126,105; NOI $53,036. Property is subject to the Los Angeles Rent Stabilization Ordinance. Two units currently at no charge. Sold AS-IS, Where-Is. Partition Referee is exempt from disclosures. Buyer to conduct all due diligence. Sale subject to Superior Court confirmation and overbid. Buyer to submit offers in the form required by the court.

4761 Hubbard, Los Angeles
$1,249,000
CV26126504 MLS ⋅ Active Status
Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.

1219 S Downey, Los Angeles
$975,000
DW26125878 MLS ⋅ Active Status
1517 Ricardo Street, Los Angeles, CA 90033 Prime Development Opportunity | LARD1.5 Zoning | 7,501 SF Lot An exceptional opportunity for developers and investors in one of Los Angeles's most active infill corridors. This 7,501 square foot lot is zoned LARD1.5 and has been held by the original owners since 1987, positioning it as a strong candidate for SB 8 demolition application — buyers are encouraged to conduct their own due diligence with qualified legal and planning professionals. The existing structure has sustained fire damage and is being sold strictly for its land value. The lot's zoning and dimensions may support the construction of up to 5 residential units, subject to verification by a licensed architect, engineer, and/or city planning consultant. All development potential, unit counts, and entitlement timelines should be independently confirmed by the buyer and their team prior to close of escrow. Adding to the area's momentum, neighboring properties at 1524, 1525, 1532, and 1571 Ricardo Street are all new construction developments on the same street, — a strong indicator of the corridor's trajectory and growing demand for quality housing product in this submarket.

1517 Ricardo, Los Angeles
$1,349,000
PW26124758 MLS ⋅ Active Status
Rare mixed-use opportunity in the heart of Boyle Heights! This income-producing property sits on a high-visibility corridor along E. 1st Street — one of LA's most culturally vibrant and rapidly appreciating neighborhoods. Built in 1915 this property features two ground-floor retail units, two 2 bedroom/2bath units, one 4 bedroom/2 bath unit, income producing onsite laundry, and three storage areas, offering multiple income streams from day one. Ideal for the savvy investor, owner-user, or developer looking to plant roots in a community with deep history and strong upside. Walk to shops, restaurants, transit, and everything that makes Boyle Heights one of the most sought-after addresses in East LA. Don't miss this versatile asset.

2313 E 1st, Los Angeles
$949,000
2 Beds ⋅ 1 Baths ⋅ DW26124125 MLS ⋅ Active Status
1517 Ricardo Street, Los Angeles, CA 90033 Prime Development Opportunity | LARD1.5 Zoning | 7,501 SF Lot An exceptional opportunity for developers and investors in one of Los Angeles's most active infill corridors. This 7,501 square foot lot is zoned LARD1.5 and has been held by the original owners since 1987, positioning it as a strong candidate for SB 8 demolition application — buyers are encouraged to conduct their own due diligence with qualified legal and planning professionals. The existing structure has sustained fire damage and is being sold strictly for its land value. The lot's zoning and dimensions may support the construction of up to 5 residential units, subject to verification by a licensed architect, engineer, and/or city planning consultant. All development potential, unit counts, and entitlement timelines should be independently confirmed by the buyer and their team prior to close of escrow. Adding to the area's momentum, neighboring properties at 1524, 1525, 1532, and 1571 Ricardo Street are all new construction developments on the same street, — a strong indicator of the corridor's trajectory and growing demand for quality housing product in this submarket.

1517 Ricardo, Los Angeles
$699,999
4 Beds ⋅ 3 Baths ⋅ WS26123940 MLS ⋅ Active Status
In the heart of los angeles is this wonderful home for sale. Convenient to everything.

134 S utah Street, Los Angeles
$880,000
CV26122401 MLS ⋅ Active Status
Rare opportunity to own a two-unit residential duplex in Boyle Heights. Duplex consists of two detached homes, each with its own private yard space and dedicated parking, situated on a generous 7,485 sq. ft. lot. The property offers approximately 1,196 sq. ft. of living space and features a desirable unit mix of: Unit 1: 2 bedrooms, 1 bathroom. Unit 2: 1 bedroom, 1 bathroom. Both residences have been enhanced with numerous upgrades and provide comfortable, independent living arrangements. The property includes ample parking with space for up to four vehicles. Located in the highly sought-after Boyle Heights neighborhood, this property offers convenient access to Arts District, Los Angeles Downtown, and Dodger Stadium. Close proximity to shopping centers, retail services, restaurants, and entertainment. The property is zoned RD1.5 (Multiple Dwelling Residential), offering significant future development potential with the possibility of constructing up to five residential units (buyer to verify with the city). Commuters will appreciate the convenient access to both the 60 Freeway and 5 Freeway, providing connectivity throughout the Los Angeles area. Whether you're an investor seeking income and development potential or an owner-occupant looking for flexible living arrangements, this unique detached duplex presents an exceptional opportunity.

3577 Siskiyou, Los Angeles
$799,999
DW26112947 MLS ⋅ Active Status
Exceptional mixed-use investment opportunity with endless potential for owner-users, business owners, or investors. Situated in a high-visibility, high-traffic location, this versatile property consists of two ground-floor retail/commercial units and a residential unit above. Each retail space offers approximately 1,500 square feet and is ideal for a variety of uses, including retail, office, professional services, or an owner-operated business. Both commercial units are currently vacant, providing immediate flexibility for occupancy or leasing at market rates. The upper level features a charming 2-bedroom, 1-bath residential unit of approximately 700 square feet, offering an excellent opportunity for owner occupancy, employee housing, or additional rental income. The property is in turnkey condition and includes valuable rear alley access, along with a one-car garage attached to one of the retail units. With its flexible layout, strong visibility, and income-producing potential, this property presents a rare opportunity for entrepreneurs and investors alike. Don't miss the chance to own a unique mixed-use property in a prime commercial corridor. Contact us today for additional information or to schedule a private showing.

6412 Whittier, Los Angeles
$695,000
6 Beds ⋅ 5 Baths ⋅ 26840459 MLS ⋅ Active Under Contract Status
Great opportunity for long-term investment and future revenue. Property has endless possibilities for growth. The property is gated, well maintained, has a separate 1-car garage for each unit, and has new exterior paint. Currently, 4 out of 5 units have long-standing tenants, and 1 unit is vacant to get market rent. Located in the heart of Los Angeles with access to all major freeways, roads, and shopping.

3538 Siskiyou Street, Los Angeles
$950,000
15 Beds ⋅ 12 Baths ⋅ PF26118594 MLS ⋅ Active Status
Seize a rare development opportunity in the heart of Los Angeles. This property comes with approved plans for 6 units — three 3-bedroom/2-bath and three 2-bedroom/2-bath — sitting on a spacious lot ready for your next project. The hard work is already done. No planning headaches, no delays. Just a clear path to breaking ground. Located minutes from Downtown Los Angeles and Monterey Park, the property is surrounded by popular eateries, shopping, and all the amenities that make this one of the city's most desirable corridors. Whether you're an experienced developer or looking to make your mark, this is the kind of turnkey opportunity that rarely comes to market. Don't let it pass you by.

3812 E 1 st, Los Angeles
$1,299,999
DW26118773 MLS ⋅ Active Status
**Massive price reduction!**FHA/VA WELCOMED OWNER-OCCUPANT OPPORTUNITY 4045 Dennison Street, an exceptional four-unit investment opportunity situated on a prominent corner lot in the heart of Los Angeles. This income-generating property features a unique layout consisting of a duplex and two detached single-family residences, offering both privacy and flexibility for owner-occupants or savvy investors. Based on the current income and updated operating expense figures, the property reflects an estimated cap rate of approximately 7.30% and a gross rent multiplier of approximately 11.04, demonstrating strong income potential and attractive long-term upside. The expansive lot includes an impressive 12 parking spaces, a rare find in this area, adding tremendous convenience and value to the asset. Zoned with potential under SB 9, the property may offer future lot split or development upside. Buyer to verify all zoning, development, and SB 9 possibilities with the city. Perfectly positioned near key transportation corridors, major employment hubs, and vibrant neighborhoods, 4045 Dennison Street is a well-located, high-performing asset with flexible income, financing appeal, and future development potential. Do not miss your chance to secure one of the most versatile and strategic investment properties in Los Angeles.

4045 Dennison Street, Los Angeles
$725,000
3 Beds ⋅ 2 Baths ⋅ 26841045 MLS ⋅ Active Under Contract Status
Located in Boyle Heights, 3034 Fairmount Street is a duplex which offers a great opportunity for an owner-user or investor. There is a detached garage that could be perfect for an Accessory Dwelling Unit (ADU). The spacious front unit, approximately 950 square feet, is a 2 bedroom / 1 bathroom and features hardwood floors, original built-ins, a large kitchen, washer and dryer in unit and plenty of storage space throughout. The rear unit is 1 bedroom / 1 bathroom, approximately 600 square feet, and features laminate flooring, fresh paint, washer and dryer in unit. Electricity and gas are separately metered, while water is master-metered. The location is an attractive destination for homeowners and renters alike. Located in Boyle Heights, near USC Keck medical center, Dodger Stadium, Downtown LA, Arts District, and with easy access to the 5, 101, 10, 710 and 60 freeways.

3034 Fairmount Street, Los Angeles
$849,888
DW26114825 MLS ⋅ Active Status
Welcome to 2813-2815 E Cesar Chavez Avenue located in the heart of the notable & historic community of Boyle Heights (Est 1870)! Here's your opportunity to acquire a prime mixed use asset! Located on the high traffic count street of Cesar Chavez Ave, this versatile 4-unit property offers the perfect blend of residential and commercial income potential. The property features two residential units and two commercial storefronts, creating multiple revenue streams in one of Los Angeles’ most vibrant and rapidly growing communities. Positioned on a high-visibility corridor with strong foot and vehicle traffic, this property is ideal for investors, owner-users, or entrepreneurs seeking a live/work opportunity. Nearby parks include Evergreen Recreation Center, Evergreen Playground and Wabash Recreation Center. "Walker's Paradise" with a Walk Score® of 91, TransitScore® of 67 & BikeScore® of 66. Perfectly located in the center of LA...quick access to public transport, shops, restaurants, schools, supermarkets, Cal State LA, the Arts District, Little Tokyo, DTLA, LA County+USC Medical Center/Keck School of Medicine & various fwys: 10, 60, 710, 5 & 101 fwys. About 0.5 miles from the Metro L line - Gold (Runs from Azusa/East LA & located at the Soto Station), and app 1mi from the Metro Gold Line. Short distance to several Metro bus lines (.1mi from the 70 Metro Local Line). Don't miss this chance to own a rare mixed-use asset with endless upside in the dynamic Boyle Heights market!

2813 E Cesar Chavez Avenue, Los Angeles
$724,449
WS26117703 MLS ⋅ Active Status
Boyle Heights Clean well manicured 2 homes sitting on a huge lot, property contains front home is 2 bedrooms an 1 bathroom back home 2 bedrooms an 1 bathroom driveway entrance is located back home, fenced all around, new fresh paint interior/exterior,new laminate hardwood flooring throughout both homes, including new d/p windows installed in both homes, well located in the upper going Boyle Heights community near Olympic Blvd and the freeway 5, 10 minutes from DTLA, Stores, Restaurants the famous King Taco Restaurant, and the Iconic El Mercadito, Both units are tenant occupied, seller willing to credit buyer/buyer a tenant relocation fee if buyer/buyers plan to occupied property, show and sell this amazing property

1119 Calzona, Los Angeles
$490,000
2 Beds ⋅ 1 Baths ⋅ WS26116624 MLS ⋅ Active Status
SHORT SALE - MOTIVATED SELLER! This property features 2 bed 1 bath, open concept. Property is located in the heart of Boyle Heights. Property was recently remodeled, newer kitchen with quartz countertops, the bathroom features designer tile, laminate flooring through out the house. Newer windows, 2 mini split units to make this property comfortable during summer and the winter. Nestled at the rear of the lot. Car access through the alley. Conveniently located near mayor freeways (60, 710, 101 and 5), quick access to Downtown Los Angeles. Walking distance to local parks. Move in ready.

1109 S Dacotah, Los Angeles
$1,098,000
5 Beds ⋅ 4 Baths ⋅ 26838081 MLS ⋅ Active Status
Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1 Bed. 1 Bed + 1 Bed upstairs with the potential to add a second bedroom within the existing floor plan, and an additional 1-bedroom unit. Ample on-site parking includes a 3-car garage with storage plus 4 additional exterior parking spaces, for a total of 7 spaces. Ideally located near major employment centers, transit, dining, and shopping, this property presents a strong opportunity for investors or owner-occupants seeking rental income. Don't miss the chance to view this ground-floor unit before it's gone.

1616 Pennsylvania Avenue, Los Angeles
$990,000
CV26105317 MLS ⋅ Active Under Contract Status
7-unit income property, built 1930. List price $990,000. 2025 gross income $84,512, NOI $38,623. Unit mix: six studios (0/1) and one 1BD/1BA. 5,098 SF total on 16,000 SF lot. Six of seven units occupied. Garage/storage income. No on-site laundry. Sale subject to court approval and overbid — partition referee sale, sold as-is. Partition Referee exempt from disclosures.

532 S La Verne, Los Angeles
$798,988
PW26099376 MLS ⋅ Active Under Contract Status
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. 926 Spence Street is a huge opportunity in Historic East Los Angeles, specifically tailored for investors or houseowners looking to leverage a Trust Sale into a generational wealth-building project. This sprawling 7,500-square-foot lot, zoned for Quadruplex use, is currently used as a 3 compound with a detached oversized garage begging to be converted into an ADU. By acquiring this asset, an investor secures a primary 3-bedroom, 2-bathroom rear residence ($4,000/mo market) in the back, with 2, 1-bedroom units (928 & 930) in front providing immediate, stable cash flow of $2,920/mo from long-term tenants. The "campus-style" layout gives you separation, providing the kind of privacy and outdoor areas increasingly rare in East LA. For property management ease, the units feature separate water heaters, gas meters, and electrical meters, the owner covers trash/water. The oversized garage an immediate footprint for a $2,200/mo ADU conversion, allowing the next owner to stabilize the asset as a four-unit powerhouse with projected annual revenue over $119,000 by Year 3. The "House-Hack" math is staggering: by living in the 3BR unit and applying rental income and the $2,000 monthly tax subsidy (check with your CPA), the net effective mortgage can feel like paying rent. Positioned in a high-velocity development zone near the Arts District and DTLA, this asset offers 100% Bonus Depreciation for a potential Day-1 tax shield. This rare convergence of zoning density, utility efficiency, and massive financial upside is the premier investment in East LA today.

926 Spence, Los Angeles

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.