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$599,999
SR26118262 MLS Active Status
Investor & Developer Opportunity in South Los Angeles! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,500 square feet of living space on a generous 6,654 square foot R2-zoned lot. Whether you're looking to expand your rental portfolio, live in one unit while generating income from the other, or capitalize on the development potential, this property offers multiple paths to value. The large lot and favorable zoning present an excellent opportunity for investors and developers seeking future expansion or redevelopment possibilities. Conveniently located near major freeways, public transportation, schools, and employment centers, this is a rare chance to acquire an income-producing property with upside potential in a growing Los Angeles market.

1139 E 42nd, Los Angeles

$1,248,000
P1-27394 MLS Active Status
First Time on the Market in Over 30 Years - Exceptional Duplex in Desirable Highland ParkProudly offered for sale for the first time in more than three decades, this well-maintained duplex presents a rare opportunity in one of Northeast Los Angeles' most sought-after neighborhoods.The front residence features a formal living room, a spacious primary suite with a private bathroom, a second bedroom, a guest bathroom, a generously sized kitchen with a large dining area, a comfortable den, an indoor laundry area, and a versatile bonus room with abundant closet and storage space.The second unit is equally inviting and is situated above a former two-car garage that has been converted into additional living space. This unit offers a spacious living room, a bright kitchen with dining area, oversized windows that fill the home with natural light, a dedicated laundry room, a generously sized bedroom, and a full bathroom.Connecting the two residences is a large private patio, ideal for entertaining, outdoor gatherings, or additional parking. The property also features a long gated driveway with ample off-street parking and numerous additional amenities throughout.Location truly sets this property apart. Situated directly across from San Pascual Park, you'll enjoy immediate access to green space, walking paths, and recreational opportunities. The property is also located on the same block as an elementary school, providing added convenience for families.Enjoy being just minutes from Old Pasadena, Trader Joe's, Alhambra, South Pasadena, Eagle Rock, Glendale, and Downtown Los Angeles. Commuters will appreciate convenient access to the 110, 134, and 210 freeways. The property is approximately seven minutes from Rose Bowl Stadium and a short drive to Dodger Stadium.You'll also love the property's proximity to the vibrant York Boulevard and Figueroa Street corridors, known for their eclectic restaurants, coffee shops, boutiques, and community events.Lovingly maintained by the same family for decades, this property offers exceptional flexibility for owner-occupants, multi-generational living, or investors seeking a prime opportunity in Highland Park. A true family property in an outstanding location, ready for its next chapter.Also listed as residential mls#P1-27719

855 San Pascual Avenue, Los Angeles

$1,089,000
PW26117743 MLS Active Under Contract Status
Welcome to 754 E 84th Pl. This four-unit plus ADU apartment building offers exceptional value and opportunity for investors and owner-users alike. Five spacious legal units across 4,211 sq ft of livable space: Unit 1 is a tenant-occupied 3 bed 2 bath. Unit 2 is a vacant remodeled 2 bed 1 bath. Unit 3 is a tenant-occupied 2 bed 1 bath. Unit 4 is a vacant remodeled 1 bed 1 bath. Unit 5 is a brand-new fully permitted ADU with 2 bed 1 bath. Units 1 and 3 are rented to long-term tenants. Units 2, 4, and 5 are vacant and move-in ready. The property is pre-approved for conventional financing as a four-unit (plus ADU). A commercial loan is not necessary. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. This property is ideal for investors seeking an outstanding 10% CAP rate, or owner-users to live in one or more vacant units.

754 E 84th Place, Los Angeles

$1,629,000
7 Beds 7 Baths 26840913 MLS Active Status
Building comprised of seven (7) rent-collecting units, two (2) of which are non-conforming efficiency / bachelors units. There are four tandem parking spaces in front of the property that will need to be retrofitted, if the property is not developed in the future. There is also a dedicated space for the trash bin. There is also storage lockers located in the parking area. The utilities are on separate meters for both gas and electric, except for the non-conforming units. Location, Location, Sepulveda and Palm St. Conveniently located near UCLA, USC, LMU, SMC and WLA. Currently Unit 5 is VACANT. Per the owner, they replace the individual meters and sub panels for the complex. Along with installing the gas shut off valves for each meter, along with properly grounding the complex. They've renovated and put money into two of the units when they became vacant. ****Not done: SB 721 deck inspection / Los Angeles city ordnance 183893 (Mandatory Soft Story Retrofit Program.)****

3637 S Sepulveda Boulevard, Los Angeles

$1,670,000
4 Beds 3 Baths 26840829 MLS Active Status
Stunning fully remodeled triplex located in the highly desirable Hancock Park neighborhood, set on an expansive 8,389 square foot corner lot. Zoning is R2 per assessor.The front two bedroom one bath unit and the rear one bedroom unit have been completely remodeled throughout, including brand new appliances, recessed lighting, upgraded electrical systems, new water heaters, new water and sewer lines, new split air conditioning systems, and newly designed landscaping with an automatic sprinkler system.The two vacant remodeled units offer exceptional flexibility for both owner users and investors. They were delivered vacant through cash for keys agreements and therefore have no rental restrictions. The future owner may rent these units at market rate. Once new leases are established, rent control will apply and future annual increases will be limited in accordance with local rent control regulations.The middle unit is currently occupied by a long term tenant paying $1,318.40 per month, providing immediate income. Showing of the occupied unit will be subject to an accepted offer.All units are charming standalone cottages, each with its own private outdoor space. The front vacant two bedroom unit features a beautifully landscaped front yard, a generous balcony overlooking the yard, and a spacious side yard with direct access to the garage. The middle occupied unit enjoys a large backyard with mature citrus trees and inviting landscaping. The rear remodeled vacant unit offers abundant natural light and a large private backyard with a deck, creating an ideal indoor-outdoor living experience. Additional highlights include a free-standing three-car garage, highly desirable off-street parking, individual laundry rooms, and separate gas and electric meters for each unit. With strong rental demand in the area, this property presents a rare opportunity for owner-occupancy, immediate income, and long-term value appreciation or future development potential. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, and public records. Photos shown are of the remodeled vacant units only.

1185 S Tremaine Avenue, 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

$749,499
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

$745,000
SB26117602 MLS Active Status
First Time on the Market in Over 50 Years! Don’t miss this rare opportunity to own a very well-maintained, move-in-ready duplex that has been lovingly cared for by the same family for more than five decades. Ideal for first-time home buyers, occupy one and rent the other or buyers looking for an investment both units will be delivered vacant, offering maximum flexibility and immediate rental income potential. Each unit offers its own separate yard for entertainment. washer and dryer hook ups in both separate gas and electric meters and AC on both units! MUST SEE The property features a detached two-car garage, a long driveway with ample parking for multiple vehicles, and a convenient location with easy access to the 110 Freeway.

118 W 84th Place, Los Angeles

$1,080,000
MB26111565 MLS Active Status
Los Feliz bordering Silver Lake Forplex - rare opportunity in Franklin Hills to own a 1920s Spanish Colonial Revival 4 unit property in one of Los Angeles’ most sought-after and supply-constrained rental markets.Exisitng rents provide approximately 35% upside through future turnover Positioned on a prominent corner lot along a quiet residential street with phenomenal views this living environment continues to drive strong tenant appeal . Feautures a 2-bedroom / 1-bath unit, Two 1-bedroom /1-bath unit and one studio unit, creating an attractive unit mix above a 6 % cap rate for investors and potential owner-users alike. Features 2 garages, on-site laundry for supplemental income potential. Four tiered units Ideally situated just moments from Los Feliz Village, Sunset Junction, Hyperion corridor, Griffith Park, and some of LA’s most beloved cafes, restaurants, nightlife, and boutique retail destinations, the property continues to benefit from the area’s strong rental demand driven by lifestyle, walkability, and central connectivity. Convenient access to the 2, 5, and 101 freeways further enhances long-term desirability for both tenants and future ownership. Whether you are seeking a generational investment asset, expanding a multifamily portfolio, or securing a trophy character property in a premier Los Angeles neighborhood, 3901 De Longpre Ave presents a compelling opportunity to invest in one of the city’s most enduring and highly coveted rental corridors.

3901 De Longpre Avenue, Los Angeles

$2,195,000
DW26117328 MLS Active Status
Two large Duplexes on a lot. 4-Unit Income Property in the heart of Boyle Heights. Close to Downtown LA and just a few blocks from USC Medical Campus. Built in 2020, each unit has 4 bedrooms and 3 bathrooms, combines contemporary design, and impressive rental potential—perfectly situated in one of LA’s most rapidly growing neighborhoods. Each of the four spacious units is thoughtfully designed with open floor plans, abundant natural light, and modern finishes. Residents enjoy stainless steel appliances, in-unit laundry, and energy-efficient systems. All units are separately metered for gas, electricity, and water, significantly reducing owner expenses. Owner pays ZERO cost for all utilities. Every unit also includes two dedicated on-site parking spaces—a rare and valuable perk in the city. Set on a well-maintained and secure lot, the property features gated entry, low-maintenance landscaping, and great curb appeal. Its strategic location offers quick access to major freeways, public transportation, USC, the Arts District, and Downtown LA’s business and entertainment hubs—ensuring strong tenant demand and long-term appreciation potential. Don’t miss this turnkey, low-maintenance investment in a high-growth area of Los Angeles!

2437 2439 Malabar Street, Los Angeles

$1,595,000
12 Beds 12 Baths 26840523 MLS Active Status
We are pleased to offer for sale 517 West 117th Street, a six-unit apartment community located in South Los Angeles, alongside the 105 Freeway.Built in 2007, the property is comprised of six two-bedroom / one-and-a-half-bath townhome-style units, each featuring in-unit washer/dryer hookups (one unit includes a washer/dryer) and assigned, gated parking. Situated on a generous 15,311-square-foot lot, the property is improved with a 5,208-square-foot building, leaving substantial excess land that may offer additional development potential. One option may be to add six ADUs, offering an opportunity to expand density, income, and long-term value.Beyond the existing improvements, the property's C2-2D-CPIO zoning and Tier 4 TOC designation present significant redevelopment potential. Based on the 15,311 SF lot, the property may support over 70 units by right without the use of ED1 offering a compelling long-term development opportunity.517 West 117th Street offers investors the opportunity to acquire a newer construction multifamily asset with the potential to increase density in a well-located infill pocket of South Los Angeles. The property provides immediate access to the 105 Freeway and is conveniently situated near a wide range of retail amenities and daily services.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

517 W 117th Street, Los Angeles

$1,750,000
12 Baths 26840491 MLS Active Status
We are pleased to present a twelve (12) unit apartment building located at 229 S Westlake Ave in Los Angeles, California. The subject property is located in a good Echo Park-adjacent location, just south of Beverly Blvd and east of Alvarado St. Located in a strong Echo Park-adjacent location, the property features a streamlined unit mix of twelve (12) studio units and classic Spanish-style architecture. Recent capital improvements include a new sewer line, upgraded electrical systems, and upgraded copper lateral plumbing lines. The property is separately metered for gas and electricity and includes an on-site laundry facility. A rear courtyard and basement present potential ADU conversion opportunities for additional rental upside (buyer to verify). The property benefits from immediate access to the 101 and 110 Freeways, the Metro B Line at Westlake/MacArthur Park Station, and major commercial corridors including Beverly Blvd, Alvarado St, Temple St, and 3rd St. Nearby amenities include Echo Park Lake, Vista Hermosa Park, dining, shopping, and entertainment options. With recent capital improvements, attractive ADU conversion potential, classic Spanish-style architecture, and a solid Echo Park-adjacent location near major transit corridors and neighborhood amenities, the property offers a compelling value-add opportunity in one of Los Angeles' most dynamic rental markets.

229 S Westlake Avenue, Los Angeles

$1,750,000
AR26116416 MLS Active Status
4629 Clarissa Ave, Los Angeles, CA 90027 is a charming four-unit investment property located in the desirable Los Feliz area. The property offers 3,596 square feet of living space on a 5,302 square foot lot, with all four units configured as one-bedroom residences. This well-situated multifamily asset presents an excellent opportunity for investors seeking a classic Los Angeles property with strong location appeal and long-term income potential. Conveniently located near Griffith Park, neighborhood dining, shopping, and major commuter access, the property blends vintage character with a highly sought-after urban setting. Each unit has its own laundry facilities, and the property includes four 1-car garages.

4629 Clarissa, Los Angeles

$6,950,000
25 Beds 23 Baths 26838897 MLS Active Status
We are proud to present 721 W 30th St, "The Spot," a rare 20-unit apartment community located just steps from the main campus of the University of Southern California in one of the most sought-after student housing markets in Los Angeles. Situated on an 11,795 square foot LAR1.5-zoned lot, the property consists of a 12,982 square foot building featuring an attractive unit mix of one (1) 4-bedroom + 2-bath unit, two (2) 2-bedroom + 2-bath units, sixteen (16) 1-bedroom + 1-bath units, and one (1) studio unit. The property offers 36 assigned parking spaces, an on-site laundry facility, and has been meticulously maintained by ownership. Residents benefit from premier walkability to the USC Village, Shrine Auditorium, and the extensive dining, retail, and entertainment amenities along Figueroa Street. Investment opportunities in this premier USC pocket are extremely limited, making "The Spot" a compelling opportunity or both investors and student housing operators alike.

721 W 30th Street, Los Angeles

$7,950,000
28 Beds 28 Baths 26838901 MLS Active Status
Located in the Historic North University District, Trojandale is a landmark 20-unit estate that blends timeless Spanish-Hacienda architecture with modern luxury upgrades. Originally built in the 1920s and thoughtfully re-conditioned, the property preserves its historic charm while offering residents an elevated living experience centered around a beautifully landscaped courtyard. The property features eight (8) 2-bedroom, 2-bath units and twelve (12) 1-bedroom, 1-bath units situated on a 21,388 square foot lot. Trojandale also offers significant value-add potential, including the ability to develop up to six (6) additional units by right and eight (8) ADU units across two separate buildings, totaling approximately 5,500 square feet of additional rentable space. Further upside exists through the potential to add bedrooms within the existing units, many of which offer ample interior square footage for reconfiguration. Additional highlights include one of the area's only fully subterranean parking garages with 20 secure parking spaces, providing a rare convenience in this highly sought-after neighborhood.

2623 Ellendale Place, Los Angeles

$2,375,000
7 Beds 7 Baths 26839967 MLS Active Status
A sought-after classic. A sophisticated, deftly curated Manhattan Style French Normandy Townhouse Triplex, in the heart of Beverly Grove. Each unit tells its own story, including a stunning rear owner's unit (3 bedrooms + 2.5 bathrooms) that spans three sunlit floors of beautifully renovated living space. Highlights include a designer chef's kitchen with quartz counters and Viking/Subzero appliances, new baths, refinished oak floors, striking tile and paintwork, and three-zone central HVAC. The first-floor features gracious public rooms that open to a lush, secluded garden with patio seating and a fire pit nestled beneath the trees. The second level offers both primary and secondary bedrooms with a shared Art Deco-style bath. Upstairs, the third level unfolds into a sprawling suite with a family/game room, home gym, large bedroom, and another luxurious bath. Completing the building are two, 2-bedroom, 1.5-bath townhomes which include: A center unit, recently remodeled in the same vein as the owner's unit, offering modern conveniences coupled with detailed 1930s charm, a formal living room, dining room, in-unit laundry, powder room, and upstairs 2 bedrooms and large 4-piece luxe bath upstairs. as well as a large detached four car garage with the opportunity for an ADU (buyer to verify). The front unit with a similar townhouse format and lovely period detail. A perfect owner/user opportunity, or the bread-and-butter investment you've been waiting for. Gross Income: $172,887. Cap Rate of 5.5% based on Property Taxes at 1.25% of List Price and Expenses of $12,200/year ($7,000/year for Insurance, $3,400/year for water, and $1,800/year for gardener). Buyer to undertake all due diligence regarding such matters, potential rents and state/local rent control/eviction laws, rules and regulations. Buyer to do all diligence with respect to expenses/costs, which may differ from Seller's experience. Seller makes no representations whatsoever as to the foregoing.

6427 Orange Street, Los Angeles

$875,000
6 Beds 4 Baths 26838969 MLS Active Status
Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.

8624 S Main Street, Los Angeles

$749,000
4 Beds 2 Baths 26840067 MLS Active Status
Priced to Sell! Don't miss this exceptional opportunity to own a charming side-by-side Craftsman duplex in the highly sought-after Leimert Park neighborhood. Whether you're an owner-user looking to live in one unit while generating rental income from the other or an investor seeking long-term appreciation and strong upside potential, this property delivers outstanding value. Each unit offers approximately 928 sq. ft. with 2 bedrooms, 1 bath, open floor plans, original built-in cabinetry, linen closets, and a blend of bamboo and tile flooring. Separate side and rear entrances enhance privacy and functionality. Additional features include a detached two-car garage, a long driveway with ample parking, and a storage shed. Ideally located near Leimert Park Village, USC, Culver City, Downtown LA, Metro transit, shopping, dining, and major freeways. Aggressively priced for today's marketact quickly before it's gone!

3973 S Van Ness Avenue, Los Angeles

$1,098,000
6 Beds 3 Baths 26839947 MLS Active Status
An excellent investment or house-hacking opportunity in LA's hottest neighborhood, Highland Park. Located just moments from the prime intersection of York and Figueroa and the Arroyo, this character 1940's triplex consists of three attached, well-proportioned 2-bedroom, 1-bathroom units, totaling 2,454 square feet of interior living space, plus a separate 3-car garage with two laundry closets. The property is situated on an expansive 7,527-square-foot professionally landscaped corner lot, providing an unusual amount of privacy and space for a dense urban submarket. Each individual unit features a comfortable living room, dining area, original hardwood floors, sizeable bedrooms, a dedicated private outdoor space (one unit has a lawn), and its own garage. Gas and electricity are separately metered for each unit. Positioned for strong rental demand, residents enjoy immediate proximity to the neighborhood's trendiest boutique shopping, dining, and entertainment, along with effortless commuting via the nearby Metro A Line (formerly Gold Line) station and the 110 freeway. Perfect for an owner-user looking to utilize residential financing while letting tenant income offset the mortgage, or for a seasoned investor looking to capture strong market rents and build equity in one of Northeast Los Angeles' most competitive zip codes. All tenants are month-to-month (all units are tenant-occupied), with strong upside potential in rents. Check with your contractor about the possibility of adding an ADU or other potential development. Roofs were recently replaced. Monthly rents total 6,532.00.

6720 Ferrara Street, Los Angeles

$1,299,000
2 Beds 2 Baths 26838731 MLS Active Status
Public Records shows LAR1 Duplex. Main House is 2/1 CA bungalow with front porch overlooking large front yard and views to Griffith Park. Guest House is attached to garage w Open Loft, full kitchen and bath and wrap around deck overlooking private park like setting with views of Highland Park. Rare opportunity to own an oversized Highland Park property with exceptional potential on approximately half an acre of land. Perched on top of a hill and set on a quiet street, this property in prime "North-of-York" Highland Park has a park-like lot which totals over 23K SF. Situated in one of Northeast LA's most sought-after neighborhoods, offers a unique combination of privacy, usable outdoor space, multiple structures, and future flexibility rarely found in the area. The property includes a main residence plus additional guest house, property records says duplex, creating immediate possibilities for multi-generational living, rental income, creative workspace, or compound-style use. The expansive lot provides an incredible setting for gardens, entertaining, expansion, or redevelopment opportunities. Surrounded by the character, culture, and energy that have made Highland Park one of Los Angeles' premier neighborhoods, this property offers a rare chance to secure a large landholding with both present utility and long-term upside. Properties of this size and versatility rarely come to market. Blocks away from all the restaurants and shops York has to offer.

1842 Phillips Way, Los Angeles

$2,200,000
5 Beds 5 Baths 26830245 MLS Active Status
High-Income Fairfax Triplex with TOC Tier 3 Development Upside: Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location.

428 N Alta Vista Boulevard, Los Angeles

$998,000
5 Beds 3 Baths 26837953 MLS Active Status
Income-producing opportunity in the heart of Los Angeles featuring two detached units on one expansive lot, each with its own address: 4430 and 4432 Arlington Ave. Whether you are looking to invest, occupy one unit while generating rental income from the other, or expand your portfolio, this property offers flexibility and upside potential.The front home features 2 bedrooms and 1 bathroom, a screened-in front porch, and a large attic-style bonus space perfect for a home office, studio, workout room, or additional storage. The rear home offers 3 bedrooms and 2 bathrooms, with recently updated kitchen cabinetry and laminate flooring. Both residences are generously sized and sit on a spacious lot with abundant parking, including 2 separate 2-car garages and additional driveway parking for multiple vehicles. Each unit also includes private storage areas with washer-and-dryer hookups. Conveniently located near local shopping, dining, and easy access to the 10 and 110 Freeways.

4430 Arlington Avenue, Los Angeles

$1,220,000
4 Beds 4 Baths 26839987 MLS Active Status
Character charm with systems upgrades! This historic Victorian/Transitional four-unit apartment is on a sought-after and convenient block near USC and popular restaurants, offering potential upside for a variety of purchasers. Great location! Walk or bike to the USC campus, Mount St. Mary's Doheny campus and University Village (Trader Joe's, Target, Sweetgreen restaurant); close to Downtown DASH and Metro Expo B Line Flower/23rd Street station; also located within the USC Security and Transportation zones. Built as a single family home in 1899, the residence was converted in 1913 by a family into four units one for the parents, and units for each son. The result is uniquely creative apartments, each with period details and vintage appeal. Units feature hardwood floors plus linoleum in kitchens, baths and porches; wood moldings and built-ins; claw foot tubs; and original (now decorative) brick fireplaces. The current owners restored the interiors, painted the exterior, replaced rear exterior stairs, revamped the flooring, and upgraded the electrical, plumbing (adding tankless water heaters), and central heat; reroofing was completed in 2012 (all improvements with permits). Tenants pay own gas and electric; coin-operated washer/dryer on premises. In addition, property has off-street parking in rear yard (room for four vehicles) plus there is a four-car garage presently utilized for storage but potentially it could be renovated for creative uses or converted into an ADU. All units are now occupied, but considering the unique charm and favorable location of the property, a buyer /first time investor may wish to plan for future owner-occupancy of one unit while collecting rent from the other three. This pride-of-ownership property is a Contributor to University Park HPOZ, listed individually in the California Register and also a Contributor to the St. James Park National Register Historic District.

1017 W 24th Street, 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.