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1757 N Kingsley, Los Angeles
$7,250,000
OC26184407 MLS ⋅ Active Status
The Mogharebi Group is pleased to present the exclusive offering of 1757 N Kingsley Drive, a 27-unit multifamily investment opportunity strategically located at the intersection of Hollywood, Los Feliz and East Hollywood. The property is offered at $7,250,000 and consists of approximately 13,168 rentable square feet on a 0.42-acre lot. Built in 1968, the property features a desirable unit mix heavily weighted toward one-bedroom apartments. The unit mix consists of 20 one-bedroom/one-bath units, six studios and one two-bedroom/one-bath unit. The property is well maintained and partially renovated, with select interiors featuring quartz countertops, stainless steel appliances, designer backsplashes, laminate/hardwood flooring, double-pane windows and modern finishes. The property's earthquake/seismic retrofit has been completed, providing a significant capital improvement for the next owner. Community amenities include a swimming pool and spa, outdoor BBQ/picnic area, controlled-access entry, on-site laundry and 27 parking spaces, providing a 1:1 parking ratio. At the asking price, the offering reflects a 5.63% current/pro forma capitalization rate with approximately 9.8% loss-to-lease, providing an investor with meaningful potential to increase NOI as rents are recaptured. The property was reported at 100% occupancy in the offering financials. The location provides excellent access to the Hollywood/Western Metro station, the 101 and 5 Freeways and major employment and entertainment centers. Nearby employers and institutions include Netflix, Paramount, CBS, Capitol Records, Sunset Bronson Studios, KTLA and LA DWP, while Target, Ralphs, Starbucks, Chase Bank and other daily amenities are within the surrounding walkable neighborhood. 1757 N Kingsley Drive offers investors the opportunity to acquire a well-located Hollywood multifamily asset combining existing cash flow, rental upside, completed seismic improvements, a strong unit mix and long-term investment fundamentals in one of Los Angeles' most established rental submarkets.

1757 N Kingsley, Los Angeles

10901 S Freeman, Inglewood
$2,000,000
SB26186531 MLS ⋅ Active Status
Prime value-add investment opportunity just 1.5 miles from SoFi Stadium: 9 total units (4 duplexes plus a separate house) on a large 19,653 sqft lot, priced at a 14.68 GRM with an estimated 45% upside in rental income. The back house was built in 1924 and the 4 duplexes were built between 1955 and 1960. 2 of 9 units are already remodeled with some remaining units featuring upgraded flooring and/or kitchen cabinets. Full electrical system replacement completed in 2024. The lot offers 8 enclosed carport spaces plus a separate oversized garage, ideal for ample parking or a potential ADU opportunity (buyer to verify with city). All units include in-unit washer/dryer hookups. A strong candidate for value-add investors or 1031 exchange buyers near one of LA's fastest-growing entertainment corridors.

10901 S Freeman, Inglewood

3632 E 1st, Long Beach
$2,600,000
PW26185730 MLS ⋅ Active Status
First time being sold in 36 years. Long term pride of owner. Located just one block from the sand in the heart of Belmont Heights. Separately metered for gas and electric. 5 private off street parking spaces in back. 3632 E. 1st Street presents a rare opportunity to acquire a trophy five unit apartment building in one of Long Beach's most sought after neighborhoods. Built in 1923, this pride of ownership asset spans approximately 4,771 square feet on a 5,793 Sq. Ft. lot and offers the perfect combination of timeless character, irreplaceable location, and long term investment potential. Positioned moments from Belmont Shore, Alamitos Bay, and the vibrant shops and restaurants along 2nd Street, residents enjoy an exceptional beach lifestyle with walkability to local dining, coffee shops, boutique shopping, and the scenic shoreline. Opportunities to own apartment buildings this close to the beach are exceptionally limited, making this an ideal addition to any investment portfolio or owner occupied user. Whether you're seeking stable income, future rental upside, or a legacy asset in an A+ coastal location, 3632 E. 1st Street checks every box.

3632 E 1st, Long Beach

456 Solano Avenue, Los Angeles
$999,000
PV26186701 MLS ⋅ Active Status
Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! 1978-construction, 6-car garage parking. 3-bedroom 2-bathroom two-story unit in the front, and 4 x 2-bedroom 1-bathroom units in the rear, above the garages. Ample parking for all units, plus driveway space. Newer-style construction for the neighborhood. Pride of ownership property, with great long-term tenants and ease of management for a new owner.

456 Solano Avenue, Los Angeles

1527 Torrance, Torrance
$1,699,000
PW26185960 MLS ⋅ Active Status
Excellent investment opportunity near Downtown Torrance! This Five unit apartment property offers a desirable unit mix consisting of a 2 bed/1 bath front residence, three additional 2 bed/1 bath units, and one 1 bed/1 bath unit. The rear four units are situated above the carport/parking area, providing an efficient use of the property and ample on site parking with 10 total spaces, including 5 carport spaces. Conveniently located near Downtown Torrance with easy access to shopping, dining, transportation, American Honda's Torrance operations, the redevelopment of the former Toyota campus, and numerous South Bay employment centers. A great opportunity for an investor looking to add a well located multifamily property to their portfolio.

1527 Torrance, Torrance

6607 Otis, Bell
$3,599,000
PW26185715 MLS ⋅ Active Status
Prime 16-unit multifamily investment opportunity in the City of Bell. The property features 15 one-bedroom units and one two-bedroom unit, approximately 8,676 square feet of building area on a 16,144 square foot lot, and 20 uncovered parking spaces. Built in 1962, the property offers a desirable unit mix, strong in-place rental income and meaningful long-term rental upside. Conveniently located near major employment centers, schools, shopping and transportation, with easy access to the 710, 5, 101, 105 and 60 freeways. An excellent opportunity for an investor seeking a well-located multifamily asset with value-add potential in a strong rental market. Buyer to independently verify all property information, income, expenses, unit count, square footage, permits and rental data.

6607 Otis, Bell

218 Thorne, Los Angeles
$2,050,000
SB26185527 MLS ⋅ Active Status
6 unit property on large lot with Four 2 Bedroom 1.5 Bath units & Two 3 Bedroom 2 Bath units. 3 units currently vacant with one of them being a 2 Bedroom that has been recently renovated. Additional 2 bedroom and 3 bedroom units are vacant. Property has been an apartment but has recently gotten approved with the City for use as a condo but will still have to undergo the California DRE process of condo conversion to complete the process. Potential for that is similar to next door 232 Throne which was constructed at the same time and is now 6 individual condos with separate ownership (one of which sold in 2022 for 600k) Buy this property as a traditional rental or look for the potential for condo conversion.

218 Thorne, Los Angeles

520 Ohio Avenue, Long Beach
$2,590,000
SB26183865 MLS ⋅ Active Status
On behalf of the ownership, we are pleased to exclusively offer this 8-unit multifamily asset totaling 5,676 square feet at 520 Ohio Avenue, Long Beach, CA. The property benefits from strong occupancy, a desirable unit mix, and a location that consistently attracts quality residents. Constructed in 1971 on a 6,754 sq ft lot, the property features a beautifully landscaped front exterior and a community laundry room. The unit mix consists of two 2bed 1.75bath units, two 2 bed 1 bath units, and four 1bed 1 bath units, all of which have been previously remodeled. The community also offers off-street parking for up to 15 vehicles, which is a rarity in the area. Not only does this benefit the residents who commute throughout Los Angeles & Orange County, ownership benefits from the additional income and potential upsides. 520 Ohio Avenue is positioned within one of Long Beach's most sought-after residential neighborhoods. The area is characterized by strong renter demand driven by it's proximity to Retro Row or the 4th Street Corridor - which offers diverse and unique dining and shopping options, a weekly Farmer's Market, and entertainment venues such as the historic Art Theatre. With its desirable location, strong occupancy, and meaningful upside potential, 520 Ohio Ave is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.

520 Ohio Avenue, Long Beach

2699 E 20th, Signal Hill
$1,875,000
PW26183641 MLS ⋅ Active Under Contract Status
Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity. The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs. Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.

2699 E 20th, Signal Hill

517 W 42nd, Los Angeles
$1,149,000
PW26183901 MLS ⋅ Active Status
NEW PRICE — $1,149,000. 517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. At the new pricing, the property generates approximately $113,618 in current gross scheduled income, producing a 6.02% current cap rate and 10.14 GRM, with approximately 6.2% additional rent upside. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. The unit mix consists of four 1BR/1BA units and two studios across two buildings, including two larger townhouse-style one-bedroom units in the rear structure. Recent property cleanup includes repaired perimeter fencing and refreshed common areas. $191,500/unit. OM, rent roll, and financials available upon request. Contact listing broker for showing instructions.

517 W 42nd, Los Angeles

14030 Dicky Street, Whittier
$1,200,000
AR26179212 MLS ⋅ Active Under Contract Status
Rare investment opportunity in the heart of South Whittier! This updated, charm-filled 5-unit bungalow-style complex features a buyer-favorite, majority single-story layout ideal for long-term tenant stability with substantial rental upside. The property comprises one spacious 2-bedroom residence alongside four well-proportioned 1-bedroom units. Interior highlights include energy-efficient dual-pane windows, with four residences featuring classic hardwood flooring, granite kitchen counters, and custom tile finishes in the kitchens and baths. The premier 2-bedroom unit enjoys its own private balcony and benefits from updated copper supply lines and modern ABS drainage. Tucked behind a private brick enclosure with back-alley access, the property features five (5) garages plus a community coin laundry and a storage garage for additional income. Convenient location just moments from major medical hubs including PIH Health Whittier Hospital, as well as nearby schools, neighborhood parks, dining, and retail. A stellar multi-family asset ready for its next chapter!

14030 Dicky Street, Whittier

1425 Cedar Avenue, Long Beach
$2,025,000
OC26183126 MLS ⋅ Active Status
1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.

1425 Cedar Avenue, Long Beach

1943 Vista Del Mar, Los Angeles
$3,100,000
DW26183084 MLS ⋅ Active Status
1943 Vista Del Mar is a 8-unit apartment building consisting of (5) Townhome style two-bedroom, two-bath units and (3) one-bedroom, one-bath units. Spacious layouts, tall cathedral like heigh ceilings with plenty of natural light. Just down the hill, Franklin Village provides an established neighborhood amenity base with cafés, restaurants, and other conveniences. The property's location allows residents to enjoy these amenities within minutes while maintaining the quieter residential character of Vista Del Mar Avenue. The surrounding area is also home to an exceptional concentration of Los Angeles landmarks and entertainment destinations. The Hollywood Bowl, Pantages Theatre, Capitol Records Building, Hollywood Tower, Argyle Castle, and Hollywood Walk of Fame/entertainment district are all within close proximity. The Hollywood Sign and Griffith Observatory further reinforce the property's position at the intersection of Hollywood's cultural identity and the area's extensive recreational amenities. 1943 Vista Del Mar Avenue represents a rare opportunity to own within one of Hollywood's most distinctive residential enclaves—where the privacy and character of hillside living converge with the accessibility and energy of central Hollywood.

1943 Vista Del Mar, Los Angeles

4824 Hazeltine Ave, Sherman Oaks
$4,900,000
SR26182561 MLS ⋅ Active Status
16 units, comprised of 2 buildings (2 APN's) therefore on-site management not required. 4824 Hazeltine consits of 8 units, with its mirror 4832 Hazeltine Ave consisting of 8 units. Ideal unit mix. 16 parking spaces. Mostly renovated units. Tranquil courtyard providing an inviting environment. Across from not one but two Trader Joe's!, Across from Van Nuys/Sherman Oaks Park, and steps away from Westfield Fashion Square mall. Tenants benefit from immediate access to everyday conveniences, lifestyle amenities, and neighborhood services that enhance overall livability. The surrounding area supports strong walkability and remains one of the most sought after residential pockets in the Valley. DO NOT DISTURB TENANTS!

4824 Hazeltine Ave, Sherman Oaks

10012 Valley, El Monte
$7,800,000
OC26182244 MLS ⋅ Active Status
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses. Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671. Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity. ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal.

10012 Valley, El Monte

1652 Murchison, Los Angeles
$4,600,000
BB26181991 MLS ⋅ Active Status
1642 & 1652 Murchison Street consist of a 2026-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplex properties, 40 rentable bedrooms, 16 parking spaces and a 6.81% cap rate. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 5-bedroom, 5-bathroom residences, each with its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio is projected to generate over 390k in annual gross income and can be delivered fully stabilized. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. Located in prime Boyle Heights, just minutes to Downtown LA and the Arts District. Located near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State LA, the property benefits from strong and consistent rental demand.

1652 Murchison, Los Angeles

90 -92 Monterey Road, South Pasadena
$3,975,000
WS26180702 MLS ⋅ Active Status
Monterey Terrace Apartments is a 12-unit multifamily property located at 90 & 92 Monterey Road in South Pasadena, California. The property consists of three two-story walk-up buildings totaling 8,355 gross square feet. Built in 1963, the asset features a unit mix of twelve 2-bedroom/1-bathroom units, with approximately six units averaging 655 square feet and six units averaging 670 square feet. The property has undergone significant capital improvements, including a gut renovation in 2008 with upgraded plumbing, electrical systems, windows, flooring, kitchens, appliances, cabinets, bathrooms, fixtures, hot water heaters, and central air conditioning units. Additional improvements include soft-story parking reinforcement completed in 2008, and a completed SB 721 decking inspection. Monterey Terrace Apartments presents an opportunity to acquire a renovated multifamily asset in South Pasadena with potential long-term upside through its high-density SPR4 zoning designation. Situated on a 14,040 square foot lot, the property benefits from zoning that allows for potential future development up to 20 units, subject to buyer verification. The asset is located within a residential neighborhood featuring a mix of condominiums, apartments, and single-family homes. With upgraded building systems, individually metered utilities, renovated interiors, and completed capital improvements, Monterey Terrace Apartments offers investors a stabilized multifamily opportunity with additional value potential.

90 -92 Monterey Road, South Pasadena

144 150 E Baseline Road, San Dimas
$6,150,000
CV26181352 MLS ⋅ Active Status
Pleased to exclusively present the opportunity to acquire 144 & 150 East Baseline Road, an 18-unit multifamily investment located in San Dimas, California. The property is located north of Interstate 210 off the San Dimas Avenue exit. The offering consists of two contiguous parcels (A.P.N. 8661-015-003 & 8661-015-027). 144 East Baseline Road is a two-story 12-unit apartment building consisting of twelve two-bedroom/one-bathroom floor plans. The units average 908 square feet, and each apartment has a fireplace and wall air conditioning. In addition, the units are individually metered for gas and electricity and there is a central hot water heater. Constructed in 1963, the property sits on a 20,076 square foot parcel and has 10,900 rental square feet. There is also a laundry facility (leased) at the rear of the property. No on-site management required. 150 East Baseline Road has six apartment units consisting of two newly built ADUs with one bedroom/one-bathroom units with dishwashers, microwaves, and private backyards. There are also two-two bedroom/two-bathroom single story units with central air conditioning and heat, dishwashers, private backyards, constructed in 1989 and two-three bedroom/two and two-and-one half bathroom townhouse style units with two car-attached garages with direct access into the unit, washer/dryer hook-ups, dishwashers, private backyards, and was constructed in 1989. In addition, the units are individually metered for gas and electricity and contain individual hot water heaters. The property sits on a 17,481 square foot parcel and has approximately 5,988 rental square feet. There is also a greenbelt area to add ADUs, buyer to verify. There is no on-site management required. The offering has an outstanding location just north of Interstate 210 and within very close proximity to California State Route 57, giving residents the advantage of easy access to neighboring cities for work and entertainment. The property is within minutes’ drive to major department stores and popular restaurants including Costco, Sam’s Club, Home Depot, Target, Trader Joe’s, and In-N-Out Burger. The city is also home to the 1,700-acre Frank G. Bonelli Recreational Park, Raging Waters, and Puddingstone Lake with multiple outdoor activities for all ages such as hiking, biking, boating, fishing, kayaking, playgrounds and camping. In addition, the Foothill Gold Line Station (Metro) is only 1.2 miles away from the subject property.

144 150 E Baseline Road, San Dimas

241 S Curtis Avenue, Alhambra
$2,595,000
WS26181317 MLS ⋅ Active Status
Five units well maintained apartment complex located in super convenient location in the City of Alhambra. Close to Alhambra Shopping Plaza, Main Street, Costco, City Hall, schools, markets, restaurants etc. Easy access to Freeway 10 and Freeway 101. Front unit is four bedrooms, two and half baths, 1498 SF according to appraiser with two car garage. One unit is two bedrooms, two and half baths, 1147 SF according to appraiser. Other three units are two bedrooms and two baths, 1020 SF, 950 SF and 886 SF according to appraiser. The building is separately metered for electricity and gas. Majority of the tenants are long term residents, room to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedrooms/bathrooms count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

241 S Curtis Avenue, Alhambra

320 N Stoneman Avenue, Alhambra
$2,045,000
WS26181147 MLS ⋅ Active Status
Five units well maintained apartment complex located in prime area of North Alhambra. Walking distance to many restaurants, stores. Neighborhood markets include 99 Ranch Market, Sprouts Farmers market and Alhambra Farmers Market. Located in extremely strong rental market of West San Gabriel Valley. Front unit is like a SFR, three bedrooms, two baths with 1652 SF. Back building is two one bedroom, one bath and two studios. Majority of the tenants are long term residents, room to increase to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

320 N Stoneman Avenue, Alhambra

1035 W 107th, Los Angeles
$1,150,000
MB26180974 MLS ⋅ Active Status
NEW PRICE – $1,150,000! Excellent opportunity to acquire a unique 5-unit investment property at 1033–1035 W 107th Street in Los Angeles. The property consists of two separate buildings, including a detached and completely renovated 2-bedroom, 1-bath single-family residence with its own private entrance, front yard and 3-car parking, plus a separate two-story 4-unit building. The four-unit building features a desirable mix of 1-, 2- and 3-bedroom units, including multiple beautifully renovated interiors. Three of the five units are currently vacant, giving a new owner the opportunity to immediately lease the units at market rents and increase property income. The two occupied units currently generate $5,000 per month, while projected stabilized rents for all five units total approximately $11,800 per month / $141,600 annually. At the current asking price and projected stabilized income, the property offers an approximately 8.33% pro forma cap rate and 8.12 GRM based on the listing broker's pro forma assumptions. Approximately 7 parking spaces provide additional convenience for tenants. Ideal opportunity for an investor seeking a multifamily asset with renovated units, flexible unit mix, immediate lease-up potential and long-term income growth. Offering Memorandum and financial information available upon request. Buyer to independently verify all information, including unit count, permits, square footage, rents, expenses and projected income.

1035 W 107th, Los Angeles

1056 E 6th Street, Long Beach
$2,200,000
SB26180743 MLS ⋅ Active Status
Discover an exceptional investment opportunity in the heart of Long Beach’s vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property’s existing four-car garage, providing secure, private on-site parking—an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property’s overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach’s most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.

1056 E 6th Street, Long Beach

3151 W Avenue 32, Los Angeles
$1,750,000
SR26180485 MLS ⋅ Active Status
Irreplaceable 7-Unit Glassell Park Corner lot 3 building Compound Rare 7-unit multifamily compound consisting of three separate buildings on a prominent corner lot at Avenue 32 and Andrita Street in Glassell Park. The key investment story is the density. Zoned LARD2, the property’s existing seven-unit configuration exceeds what could typically be recreated under current zoning, creating a scarce legal non-conforming asset in a supply-constrained Northeast Los Angeles submarket. California ADU laws may also provide additional upside through conversion of existing garage or storage space, subject to buyer verification. The property includes a 1920s Spanish duplex with two large one-bedroom townhouse-style units; a 1958 fourplex with three one-bedroom units, one large two-bedroom unit, and four single-car garages; and a detached 1920s two-bedroom bungalow with private garden, patio, and two-car garage. Long-term ownership has maintained the property while preserving meaningful value-add opportunity through future unit renovations. Each unit is separately metered for gas and electric with individual water heaters. On-site laundry provides additional income. Six garages plus surface parking, multiple structures, strong existing density, in-place income, and a desirable Glassell Park location create a compelling combination of current yield, scarcity, and long-term upside. A bonus adjacent parcel to the north includes a long garage and large storage unit. Zoned LARD2. Subject to Los Angeles RSO. Buyer to verify units, permits, square footage, zoning, income, condition, and ADU potential with the City of Los Angeles.

3151 W Avenue 32, 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.