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$2,025,000
12 Beds 12 Baths 26665177 MLS Active Status
1135 Leighton Avenue is being sold in conjunction with 3944 South Budlong Avenue. Both properties must be sold together. The buildings total an eight-unit multifamily investment opportunity located in the Exposition Park neighborhood of Los Angeles. Constructed in 2019, the property comprises approximately 10,887 square feet of rentable building area, situated on two parcels totaling 13,776 square feet, zoned RD1.5-1-CPIO. Notably, the property is situated within a federally designated Qualified Opportunity Zone (QOZ), which may provide meaningful tax advantages for eligible investors providing long-term operational flexibility and investment stability in a highly desirable Los Angeles submarket. The property features eight well-designed three-bedroom, three-bathroom apartment units, offering spacious layouts tailored to modern renter demand. Each unit is individually metered for gas and electricity and includes a tankless water heater, providing operational efficiency and cost control. Ownership benefits from minimal utility obligations, as tenants are responsible for water, trash, gas, and electricity expenses. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).Strategically located in Exposition Park, one of Los Angeles' most culturally significant and supply-constrained neighborhoods, the property benefits from strong tenant demand driven by the area's academic, cultural, and employment anchors. Residents enjoy proximity to the University of Southern California (USC), the California Science Center, the renowned museums of Exposition Park, and BMO Stadium, as well as the vibrant USC Village retail and dining corridor.The location offers excellent regional connectivity with convenient access to Downtown Los Angeles, major employment centers, and key transportation corridors, including the I-110 and I- 10 freeways, along with the Metro E Line, providing direct light rail access across the Westside and Downtown. This combination of quality construction, prime location, and strong underlying fundamentals presents investors with a compelling long-term hold opportunity in one of Southern California's most dynamic and evolving multifamily markets. For more information please review the OM in the DOCS section.

1135 Leighton Avenue, Los Angeles

$1,495,000
4 Beds 3 Baths 26664217 MLS Active Status
Welcome to 2108 Tavern Trail, a hidden gem nestled in the heart of iconic Laurel Canyon. This beautifully updated duplex is a rare find, offering exceptional income for a first time or seasoned investor. The upper unit is a light-filled, newly renovated 2-bedroom, 1-bathroom complete with canyon views and an airy layout framed by oversized windows. The lower unit features a unique split-level design with 2 bedrooms, 2 bathrooms, and a detached bonus structure ideal as a home office, gym, or creative studio. Each unit enjoys its own secluded outdoor retreat surrounded by mature landscaping a tranquil escape where access to nature and city life are seamlessly blended. Separate laundry areas add convenience, while the coveted location, just steps from beloved neighborhood Canyon Country Store and Pace restaurant, brings the perfect blend of peaceful canyon living and easy urban access. The home's prime location falls in the acclaimed Wonderland School District, one of the city's best schools located just minutes away. Whether you're looking to invest, live, or both, 2108 Tavern Trail delivers charm, flexibility, and classic Laurel Canyon soul.

2108 Tavern Trail, Los Angeles

$1,050,000
DW26052764 MLS Active Status
Exceptional investment opportunity in the heart of Los Angeles. This versatile four-unit income property offers a rare combination of immediate rental income and modern new construction, making it an ideal opportunity for both investors and owner-occupants. Situated on a generous lot in a strong rental market, the property provides a unique opportunity to generate steady income while benefiting from long-term appreciation. The property consists of four units total, including three tenant-occupied units and one newly constructed unit that is vacant and ready to occupy. The brand-new unit, built in 2025, features 3 bedrooms and 2 full bathrooms and offers a modern layout that is perfect for comfortable living. This vacancy creates an excellent opportunity for an owner-occupant to live in the new construction while collecting rental income from the remaining units, or for an investor to lease the unit at market rent and maximize cash flow. The remaining units include two 1-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, all currently occupied. This well-balanced unit mix attracts a variety of tenants and provides consistent rental demand. With three units already producing income and one brand-new unit ready for occupancy or lease, the property offers both stability and upside potential. The property presents an excellent opportunity for investors looking to expand their portfolio with a multi-unit asset that has strong income potential and future growth. The presence of a new construction unit adds significant value and appeal, while the existing tenant-occupied units provide immediate revenue from day one. Conveniently located just minutes from the University of Southern California (USC), USC Village, Exposition Park, and Downtown Los Angeles, the property is ideally positioned in a highly desirable rental corridor. Its close proximity to major freeways and public transportation enhances accessibility, making it especially attractive to students, professionals, and long-term tenants alike. Whether you are looking for a solid investment property, a multi-unit asset with upside potential, or the opportunity to live in a brand-new unit while generating rental income from the others, this 4-unit property offers flexibility, value, and long-term opportunity. Don’t miss this exceptional opportunity.

3631 Trinity Street, Los Angeles

$1,699,000
DW26057125 MLS Active Status
Well-located strategic 6-unit investment opportunity in the heart of Echo Park / Historic Filipinotown. Located along the Temple Street corridor just minutes from Echo Park Lake, Downtown LA, Silver Lake, Dodger Stadium and major employment centers, this property sits in one of Los Angeles’ most vibrant and high-demand rental neighborhoods. The property features six (6) two-bedroom, one-bathroom units across three separate buildings on one lot. The configuration offers flexibility for investors or potential owner-users looking to live in one unit while generating income from the others. Strong tenant demand, a central location, and proximity to some of LA’s most popular dining, cultural, and entertainment destinations make this a compelling long-term investment opportunity. Note: Street parking only Buyer to verify all information including square footage, zoning, permits, and current rent amounts.

1534 W Temple, Los Angeles

$1,600,000
11 Beds 5 Baths OC26056394 MLS Active Status
Exceptional Investment Opportunity To Acquire A Large Income-Producing 4-Unit Property In The High-Demand South Los Angeles / Downtown LA Rental Market. Well-Maintained Quadplex Offers 11 Bedrooms, 5 Bathrooms And Approximately 4,700 Square Feet Of Total Living Space On A 6,300± Square Foot Lot in LARD1.5-1 Zoning, Making It One Of The Larger Multifamily Assets In The Immediate Area. Unit1: 4Bed/2Bath Unit2: 3Bed/1Bath Unit3: 2Bed/1Bath Unit4: 2 Bed/1Bath. Additionally, With Rare Amenities Of 9 Total Private Parking Spaces (3 Covered Car Port Parking + 6 Private Uncovered – This Improves Tenant Retention And Value As Parking Is Sparse In The Area. Individually Separately Metered For Gas And Electricity. The Property Was Fully Rebuilt In 2006 And Has Received Recent Minor Updates, Providing Investors With The Benefit Of Modernized Construction Relative To Surrounding Vintage Housing Stock, Improved Structural Integrity, And Reduced Capital Expenditure Requirements. Interior Features: Shaker Kitchen Cabinets, Newer Paint, Newer Flooring, Newer Windows, Newer Sinks, Newer Bathroom Vanities, Newer Showers, Recessed Lighting, And Modern Fixtures. Ground Floor Laundry Area In Ground Floor Unit #879 With Access To Exterior (Could Be Transformed Into Shared Laundry With Coin-op Laundry, Adding Additional Income). The Property Is Fully Rented, Currently Generating Approximately $7,700 Per Month In Gross Rental Income, Offering Stable Cash Flow From Day One. With The Strong Demand For Affordable Housing In The 90011 Corridor, The Asset Presents A Compelling Opportunity For Continued Rental Growth Through Strategic Rent Adjustments, Improved Management, Or Unit Upgrades. Actualize The Development And Density Potential Upside With Improving Rental Income By ADU Development (2-4 ADU Possible), Carport Conversions, Redevelopment Utilizing LA And State Housing Incentives For Higher Density Housing + Transportation Area Incentives. RD1.5-1 Zoning, Transit Oriented Communities (TOC Tier 1), ZI-2374 State Enterprise Zone LA, Transit Oriented Incentive Area 1 (TOIA). Well Positioned – Very Close To USC, Future Olympics Location, Major Transportation Corridors, Retail And Employment Hubs. Ideal For Investors, 1031 Exchange Buyers, Value-Add Builders, Developers Seeking Rental Market With Prime Unit Mix In TOC Zone (8-12 Units Possible) With Rental Pro-Forma Of Approximately $27,600 Per Month After Redevelopment. Your Investment Opportunity Is Here, Call Listing Agent NOW!

879 E 40th Place, Los Angeles

$1,170,000
SR26057016 MLS Active Status
ATTENTION INVESTORS – 7 UNIT OPPORTUNITY!!! Rare chance to acquire two side-by-side income producing sister properties in the heart of Boyle Heights. 1151 & 1153 Cornwell Street are being sold together and offer a total of 7 rental units on two separate APN parcels, creating an ideal opportunity for investors looking to expand their portfolio with stable income and long-term upside. 1151 Cornwell St is a triplex consisting of: • Unit 1 – 1 Bedroom / 1 Bathroom • Unit 2 – 2 Bedrooms / 1 Bathroom • Unit 3 – 2 Bedrooms / 1 Bathroom. 1153 Cornwell St is a two-story fourplex featuring four studio-style apartments, offering efficient layouts that attract a broad tenant base and support consistent occupancy. Both buildings will be sold with tenants in place, with several long-term renters providing immediate income stability. The properties fall under Los Angeles Rent Stabilization Ordinance (RSO). Strategically located just minutes from USC Medical Center and Los Angeles General Medical Center, the area benefits from strong rental demand from the medical and academic workforce. Tenants also enjoy easy access to neighborhood coffee shops, local restaurants, and major freeway connections. Situated on R3 zoning, this investment offers potential long-term development or value-add opportunities while generating steady rental income today. Opportunities to acquire two side-by-side multifamily properties totaling 7 units in this location are extremely rare. Secure both properties and capitalize on strong rental demand in one of East LA’s most active rental markets.

1151 1153 Cornwell Street, Los Angeles

$2,895,000
8 Beds 6 Baths 26662677 MLS Active Status
**Tenant Occupied - Showings available with an accepted offer** These two side-by-side townhomes combine modern style with an unbeatable location. Each home features 4 bedrooms and 3 bathrooms, just steps from Whole Foods, top shopping and dining spots. The open layout includes a gourmet kitchen with a large island, stainless steel appliances, and a walk-in pantry. The living and dining areas flow to a private backyard, creating a perfect space to relax or entertain. Upstairs, the primary suite features a walk-in closet, while three additional bedrooms and a full bathroom with double sinks offer versatility. A side-by-side laundry closet adds convenience.Each home includes a tandem two-car garage with direct access and a 220V EV charging outlet. Both units also equipped with solar power and security system. These homes are not only stylish but also a great investment, with a history of high demand and consistent rental income in one of LA's most desirable neighborhoods.

829 831 N Orange Grove Avenue, Los Angeles

$2,300,000
15 Beds 15 Baths 26664783 MLS Active Status
We are pleased to present 3115 Ivy Street, an 8 unit apartment community located in the highly desirable Culver City/ Palms neighborhood of West Los Angeles. Built in 1964, the property offers approximately 6,038 square feet of rentable living area on a 6,157 squarefoot lot, providing investors with a well located and stable asset in one of the Westside's most consistently strong rental markets. The building features a practical and appealing unit mix, with bright interiors, efficient layouts, and the long term durability associated with classic midcentury construction. These characteristics support steady tenant demand and create a reliable operating environment for ownership, while still offering clear opportunities for future modernization and value enhancement. 3115 Ivy Street benefits from an exceptional location just steps away from Culver City, placing residents near major employment centers such as Culver City's expanding tech and creative office district, Sony Studios, and the broader Westside job base. The property is surrounded by a wide selection of dining, retail, and neighborhood conveniences along Venice Boulevard and Sepulveda Boulevard. Connectivity is another key advantage, with close access to the I10 and I405 Freeways as well as the Metro E Line, allowing for convenient travel throughout Greater Los Angeles. Situated within a supply constrained, transit oriented, and high demand rental pocket, 3115 Ivy Street represents a compelling opportunity to acquire a well maintained multifamily asset with stable in place income and meaningful potential for long term appreciation.

3115 Ivy Street, Los Angeles

$1,800,000
P1-26260 MLS Active Status
Tremendous development opportunity offering current income-producing units. Ideal location in the heart of Northeast Los Angles at the junction of Glassell Park, Eagle Rock, and Highland Park, 1550 El Paso Drive presents a compelling mixed-use asset ideal for the savvy investor. On a large 14,000sqft plus lot, the property features 10 Units with a Mix of (4) 1BD/1BA; (6) 2BD/1BA; on a mixed-use-zoned lot with strong street visibility along one of Northeast Los Angeles' most prominent commercial corridors, surrounded by some of the city's hottest new shopping, dining, and neighborhood destinations.Located just minutes from neighborhood anchors such as Occidental College, the property sits within the vibrant Northeast Los Angeles submarket encompassing Eagle Rock, Highland Park, and Glassell Park. Together, these communities represent a combined population of over 110,000 residents with rising median household incomes, a highly educated workforce, and a strong concentration of young professionals, creatives, and long-term homeowners. The area is known for its thriving retail and dining scenes along Colorado Boulevard, York Boulevard, and Figueroa Street, as well as its proximity to major employment centers in Downtown Los Angeles, Pasadena, and Glendale.With strong neighborhood demographics, walkable lifestyle amenities, and continued growth across Northeast LA, 1550 El Paso Drive offers a rare opportunity to acquire a well-located mixed-use property with stable in-place income and long-term upside in one of Los Angeles' most sought-after urban neighborhoods.

1550 El Paso Drive, Los Angeles

$2,398,000
SB26049359 MLS Active Status
Location…Location…Location!! This is an exceptional opportunity to acquire a four-unit (9 BRs and 5Bths) investment property, with Three (3) 2BR Units and One (1) 3BR Unit located on a quiet cul-de-sac in the highly desirable Mar Vista neighborhood of Los Angeles. Thoughtfully upgraded and well maintained, the property reflects true pride of ownership and currently operates at market rents, creating an attractive turnkey investment opportunity for both seasoned and first-time investors. Each unit is individually metered for gas and electricity, offering efficient expense management for owners. The ample sized property also provides ample parking 5 parking spots, 4 covered and one tandem uncovered, a valuable amenity for tenants in this desirable Westside location. Situated on one of only two cul-de-sacs in Mar Vista, the property offers a rare combination of privacy and convenience. Residents enjoy quick access to the Interstate 405, and are just minutes from the beaches along the Pacific Ocean, the innovation hub of Silicon Beach, and the vibrant shopping and dining destinations the Westside is known for. For buyers seeking a “live in one and rent the others” strategy, this property presents an outstanding opportunity to offset mortgage costs while building long-term equity. A rare chance to own a well-positioned income property in one of Los Angeles’ most sought-after rental markets.

12066 Lamanda Street, Los Angeles

$1,600,000
OC26053122 MLS Active Status
Exceptional Investment Opportunity To Acquire A Large Income-Producing 4-Unit Property In The High-Demand South Los Angeles / Downtown LA Rental Market. Well-Maintained Quadplex Offers 11 Bedrooms, 5 Bathrooms And Approximately 4,700 Square Feet Of Total Living Space On A 6,300± Square Foot Lot in LARD1.5-1 Zoning, Making It One Of The Larger Multifamily Assets In The Immediate Area. Unit1: 4Bed/2Bath Unit2: 3Bed/1Bath Unit3: 2Bed/1Bath Unit4: 2 Bed/1Bath. Additionally, With Rare Amenities Of 9 Total Private Parking Spaces (3 Covered Car Port Parking + 6 Private Uncovered – This Improves Tenant Retention And Value As Parking Is Sparse In The Area. Individually Separately Metered For Gas And Electricity. The Property Was Fully Rebuilt In 2006 And Has Received Recent Minor Updates, Providing Investors With The Benefit Of Modernized Construction Relative To Surrounding Vintage Housing Stock, Improved Structural Integrity, And Reduced Capital Expenditure Requirements. Interior Features: Shaker Kitchen Cabinets, Newer Paint, Newer Flooring, Newer Windows, Newer Sinks, Newer Bathroom Vanities, Newer Showers, Recessed Lighting, And Modern Fixtures. Ground Floor Laundry Area In Ground Floor Unit #879 With Access To Exterior (Could Be Transformed Into Shared Laundry With Coin-op Laundry, Adding Additional Income). The Property Is Fully Rented, Currently Generating Approximately $7,700 Per Month In Gross Rental Income, Offering Stable Cash Flow From Day One. With The Strong Demand For Affordable Housing In The 90011 Corridor, The Asset Presents A Compelling Opportunity For Continued Rental Growth Through Strategic Rent Adjustments, Improved Management, Or Unit Upgrades. Actualize The Development And Density Potential Upside With Improving Rental Income By ADU Development (2-4 ADU Possible), Carport Conversions, Redevelopment Utilizing LA And State Housing Incentives For Higher Density Housing + Transportation Area Incentives. RD1.5-1 Zoning, Transit Oriented Communities (TOC Tier 1), ZI-2374 State Enterprise Zone LA, Transit Oriented Incentive Area 1 (TOIA). Well Positioned – Very Close To USC, Future Olympics Location, Major Transportation Corridors, Retail And Employment Hubs. Ideal For Investors, 1031 Exchange Buyers, Value-Add Builders, Developers Seeking Rental Market With Prime Unit Mix In TOC Zone (8-12 Units Possible) With Rental Pro-Forma Of Approximately $27,600 Per Month After Redevelopment. Your Investment Opportunity Is Here, Call Listing Agent NOW!

879 E 40th Place, Los Angeles

$3,195,000
5 Beds 5 Baths 26662767PS MLS Active Status
Seize this rare opportunity to own one primary residence and a private, detached house/ADU all on one lot, providing many lifestyle choices and investment opportunities. Live in an epicenter Silver Lake location, between Silver Lake Blvd and Sunset, with unobstructed and expansive views of downtown, the Silver Lake hills and beyond. The main contemporary 3BR, 3 full en-suite bath, upper house is striking, bright, and has a dramatic open floor plan with high ceilings and crisp finishes. The main living space offers varied entertaining possibilities and is quintessential LA living at its best! In addition to the main living area, an adjacent bedroom or den offers quiet when privacy calls. The Primary bedroom and a large guest BR are located on the lower level with a cozy TV/den area that opens onto an inviting deck for entertaining, dining or just enjoying the views and breezes outdoors. The lower 2BR, 2BA ADU house also enjoys expansive views of the hills and surrounding mountains, is private and accessed through a hillside of native and drought-tolerant landscaping. There are many use options--it has been a great rental property or could be an in-law, au pair, home office or whatever you need it to be. This is a great opportunity to live in the center of Silver Lake within close proximity to many of the eclectic shops and signature restaurants that make this such a vibrant neighborhood.

1346 Westerly Terrace, Los Angeles

$2,875,000
16 Beds 12 Baths 26662345 MLS Active Status
2718 S Cochran Ave | 12-Unit Multifamily in West Adams, Los Angeles. Built in 1962, this 12-unit residential income property sits on a 9,583 SF lot with 7,903 SF of improvements in a highly accessible West Adams rental corridor. The property features a diverse unit mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit, appealing to a broad tenant base including small families, roommates, and working professionals. Currently averaging approximately $2,042 per unit in monthly rent, the asset presents meaningful income growth potential as rents trend toward the projected market average of approximately $2,588 per unit, representing roughly 25% rental upside through natural tenant turnover and strategic rent optimization. Offered at $2,900,000 ($241,667/unit | $366.95/SF), the property currently operates at a 6.62% cap rate with the potential to achieve an 8.94% pro forma cap rate as rents stabilize.

2718 S Cochran Avenue, Los Angeles

$1,895,000
6 Beds 6 Baths 26661059 MLS Active Status
In the heart of the Pico/Robertson Neighborhood! An exceptional opportunity to acquire a vacant duplex on a prime 6,168 sq. ft. corner lot in a highly desirable neighborhood. This major fixer-upper presents outstanding potential for investors, developers, or owner-users seeking to renovate, reposition, or develop a property with significant long-term upside and income-producing possibilities. The property is located within a Transit Oriented Communities (TOC) Tier 3 zone and benefits from LAR3 zoning, creating substantial future development potential. Buyer may explore alternative development options, including adding multiple Accessory Dwelling Units (ADUs) or pursuing multi-family redevelopment with the potential for up to 14 units (buyer must independently verify with the City of Los Angeles). The property will be delivered fully vacant, allowing immediate renovation or redevelopment.

1068 S Sherbourne Drive, Los Angeles

$920,000
7 Beds 5 Baths 26662815 MLS Active Status
We are pleased to present the opportunity to acquire 1049 W 61st Street, a fully renovated 2,584 square foot duplex consisting of a standalone single-family residence and a newly constructed two-story ADU located in the VermontSlauson neighborhood of South Los Angeles. The property is currently fully occupied, but the sellers are willing to deliver one unit vacant before the close of escrow, providing flexibility for both investors and potential owner-users.Originally built in 1922, the front unit was fully renovated in 2024 and features a 1,120 square foot 3-bedroom / 2-bathroom single-family residence with a new roof, updated electrical system, copper plumbing, new appliances, and in-unit laundry. It also offers a small front patio area that can be utilized as outdoor space or additional parking.At the rear of the property is a newly constructed 1,464 square foot, two-story ADU totaling 1,464 square feet. The unit was completed in 2024 and offers 4 bedrooms and 2.5 bathrooms. The first floor features the living room, dining area, kitchen, and half bathroom. There is a private garage with direct access to the unit and all bedrooms and remaining full bathrooms are located on the second level. This unit also includes in-unit laundry, new appliances, gated access, and additional on-site parking. Together, the improvements and new construction create a turnkey duplex with modern systems and updated interiors throughout.Located just off Vermont Avenue, the property offers convenient access to public transportation, neighborhood retail, and schools. The property is a short drive to USC, Exposition Park, Downtown Los Angeles, and major entertainment venues including SoFi Stadium, Kia Forum, and Intuit Dome, with easy access to the 110 Freeway.

1049 W 61st Street, Los Angeles

$2,079,000
16 Beds 12 Baths 26663623 MLS Active Status
We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

816 W 47th Street, Los Angeles

$750,000
CV26054041 MLS Active Status
2 units! Opportunity to own a residential income property in Los Angeles featuring two attached units on a 4,033 sq ft lot. Built in 1924, the property offers a total of 1,835 sq ft with two units, each configured with 2 bedrooms and 1 bathroom. The layout provides functional living space and flexibility for residential income or multi-family ownership. The property includes a 2-car attached garage plus two uncovered driveway parking spaces, a gated driveway, and a fenced front yard area. Covered front porch and driveway access provide entry to the property. Located near major city destinations including Downtown Los Angeles, the Arts District, and USC Health Sciences Campus, with convenient access to Interstate 5, US-101, and Interstate 10. Nearby commercial corridors along Soto Street offer shops and restaurants. Central Los Angeles location with access to major employment centers, transportation routes, and neighborhood amenities.

1259 Velasco Street, Los Angeles

$899,000
2 Beds 3 Baths 26663075 MLS Active Status
***THE SINGLE-FAMILY RESIDENCE FEATURING 2 BEDROOMS AND 1 BATHROOM & THE COMMERCIAL UNIT 6074 ARE CURRENTLY VACANT.*** Prime Highland Park Investment Opportunity! Located at 6072, 6074, and 6076 York Blvd, Los Angeles, CA 90042, this versatile property features two front retail spaces and a single-family home in the back. Perfect for investors or business owners looking to combine commercial and residential income. Situated in the vibrant Highland Park neighborhood, this property offers high visibility, strong foot traffic, and the unique opportunity to live and work in one location. Don't miss your chance to own a piece of one of LA's most dynamic communities! **RESIDENTIAL LOANS WELCOME FOR OWNER-OCCUPIED PROPERTY**

6072 York Boulevard, Los Angeles

$889,000
V1-35130 MLS Active Status
A triplex in the El Sereno neighborhood is a classic Eastside income property--compact, functional, and updated while still fitting the hillside character of the area. Two of the three units have been completely updated and remodeled. The upstairs unit is occupied. Onsite parking is at the rear of the property off the alley.This triplex sits on a gently sloped lot with two units at street/entry level and one unit perched above. The exterior presents as a traditional Los Angeles triplex--stucco, simple lines, and a stepped layout that follows the terrain. Recent interior updates give the lower units a clean, contemporary feel that appeals to today's renters.4552 -- One Bedroom Unit Located at the bottom of the steps on the left, offering a sense of privacy and separation from the other units. A comfortable one bedroom layout ideal for a single tenant or couple. Updated and remodeled with modern vinyl plank flooring, fresh paint, and new fixtures. New cabinets, sinks, and windows create a bright, efficient living space with improved energy performance. Easy access to the shared outdoor areas and parking.4554 -- Two Bedroom, One Bath Unit Positioned downstairs, making it convenient for tenants who prefer minimal stairs. A larger floorplan with two bedrooms and one bathroom, suitable for small families or roommates. Fully modernized with the same upgrades: vinyl flooring, new cabinetry, updated sinks and fixtures, and newer windows. The remodel gives the unit a clean, move in ready feel with durable materials ideal for long term rental use.4554 1/2 -- Upper Unit (Occupied) This is the upstairs unit, accessed separately from the lower units. Currently occupied--do not disturb the tenant. Elevated position likely provides better natural light and neighborhood views, a common perk of upper units in El Sereno. Its separation from the lower units adds privacy for the resident and reduces noise transfer. Rented for $850/mo with 3% increase due in MaySite & Neighborhood Context El Sereno is known for its hillside streets, mature trees, and mix of single family homes and small multi unit buildings.

4552 Catalpa Street, Los Angeles

$2,275,000
4 Beds 11 Baths 26663271 MLS Active Status
Situated south of Beverly Boulevard between Normandie Avenue and Vermont Avenue, the property benefits from a premier infill location characterized by strong rental demand, walkability, and convenient access to public transportation and neighborhood amenities. The property features a diverse unit mix consisting of a spacious fully renovated 3-bedroom/2-bath front house with a charming garden area, four singles, four bachelor units, and a newly constructed 1-bedroom/1-bath ADU that is currently vacant. The ADU was thoughtfully converted from the on-site garage, providing immediate income potential or the flexibility for an owner-user component. The front house is individually metered, offering operational efficiency and expense controladvantages.122 S Berendo Street boasts a Walk Score of 92 ("Walker's Paradise"), allowing residents to accomplish daily errands without a vehicle. The property is approximately a nine minute walk to the Vermont/Beverly Station serving the Metro B Line (Red Line), providing convenient connectivity to Downtown Los Angeles, Hollywood, and the greater metropolitan area. Nearby recreational amenities include Shatto Recreation Center, Lafayette Park, and the South Serrano Avenue Historic District, further enhancing the property's residential appeal. From an investment perspective, the asset presents significant rental upside in a supply-constrained and high-demand submarket. As units turn over, an investor has the opportunity to reposition rents to market levels and further enhance cash flow. Additionally, ownership has begun implementing a Utility Reimbursement Program(RUBS), with over 60% tenant enrollment to date, creating the ability to recapture a meaningful portion of rising utility expenses and improve operating margins.122 S Berendo Street represents a compelling value add opportunity for investors seeking a well-located multifamily asset with immediate upside potential, operational efficiencies, and long-term appreciation prospects in one of Los Angeles' most dynamic rental markets

122 S Berendo 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.