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ZIP CODE 90006

$3,295,000
15 Beds ⋅ 15 Baths ⋅ ACTIVE Status
Take this fantastic opportunity to invest in a newly-constructed building with high-end finishes and amenities designed to exceed expectations. Boasting a 5.5% Cap Rate and price per door under $650,000, you won't find a more desirable deal in Mid-Los Angeles! The property is separately metered and supplied with solar panels, low-impact standards, and water-efficient scaping to maintain cost-effectiveness for investors. These units contain multiple master suites, balconies, assigned parking spaces, oversized windows, high ceilings, designer bathroom coverings, flat panel cabinets with sleek black hardware, large wood-inspired floor planks, and stainless steel appliances. Plus the added bonus of central AC and in-unit washer/dryer will bring convenience to your tenants which will maximize the rent amount. Located in the heart of LA near Crypto Arena, LA Live & Exposition Park public transport is accessible nearby or easily access freeways 10, 101 & 110. Don't let this unbeatable bargain pass you by act now before it's gone!

1726 Menlo Ave, Los Angeles

Courtesy of , Julio Ruiz - CA DRE#

$1,490,000
8 Beds ⋅ 4 Baths ⋅ ACTIVE Status
This oversized 4-unit is located in the Pico-Union area with approximately 5800 sqft of building and 8500 sqft of lot size. The automatic gate through the alley allows up to 8 parking spaces. Three of the units can be delivered vacant. The building needs a new makeover to bring out the character of its building.

1135 S Lake St, Los Angeles

Courtesy of , Jonathan Paik - CA DRE#

$1,350,000
ACTIVE Status
Mixed Use Development - Build poss 24 Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the B&S Dept., Poss NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a Bus Stop! It's Perfect!!

1833 W Pico Blvd, Los Angeles

Courtesy of , Bruce Jay - CA DRE#

$13,900,000
36 Beds ⋅ 30 Baths ⋅ ACTIVE Status
2816 San Marino St, an apartment investment opportunity located in the highly sought-after Koreatown neighborhood of Los Angeles. Located between W 8th St and W Olympic Blvd. Built in 1991, the property is not subject to the Los Angeles RSO.High Walk Score of 95, 2816 San Marino St is located one block east of Vermont Ave and Olympic Blvd, making it a walkers paradise with many nearby markets, shops, schools and restaurants. Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Westlake, Echo Park, and Silver Lake, walking distance to retail. Located in an ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the area

2816 San Marino St, Los Angeles

Courtesy of , Neema Ahadian - CA DRE#

$1,099,000
5 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Attention historic preservationists!!! Create your own masterpiece with this grand 1907 Craftsman Tudor Revival fixer in the Historic Harvard Heights HPOZ neighborhood located on a beautiful tree-lined street with fantastic curb appeal. [The actual square footage is approximately 3,149 according to the floor plan measurements.] This stately 5 Bed / 3 Bath home has large rooms with high ceilings. Lower level includes: porch, foyer, formal living room open to family room, formal dining room, kitchen, laundry room / pantry, bedroom with en suite bathroom which is ideal for a maid or nanny. Upper level includes: 4 bedrooms and 2 bathrooms, plus a bonus room that could make a great den or office. Plus, there is also a CA basement, which would be perfect for storage. This value added property with ADU potential has room for a pool with this huge back yard on an 8,000+ Sq Ft lot. This historic house has many original details and wood molding throughout. New roof added in 2020. Great central location near: Koreatown, USC, Crypto.com Arena, Downtown LA and a few blocks from the Wilshire / Western Metro Station. Don't miss this incredible opportunity!!!

1701 S Hobart Blvd, Los Angeles

Courtesy of , Martin Withrow - CA DRE#

$3,400,000
14 Beds ⋅ 11 Baths ⋅ ACTIVE Status
We are pleased to present Westmoreland Apartments, a 1986 constructed multi-family property located in the Harvard Heights section of Los Angeles. Located at 1715 Westmoreland Blvd, this well maintained property is comprised of one x single/three-quarter bath, six x one bedroom/one bath, and four x two bedroom/one bath apartments. It appears the single unit may have been an office at one time and was converted to an apartment. The property is subject to AB 1482 but not subject to the city of Los Angeles Rental Stabilization Ordinance. For 2022, AB 1482 allowed for 10% rent increases. There are four section 8 tenants. Each unit has its own water heater. The property has been under the same ownership for over ten years. The property was recently painted and the driveway was repaved. The current loan on the property is assumable and has a very attractive below market rate of 3.65%. The loan is fixed until April, 2026 at which time it becomes adjustable. With the assumption, the property generates significant cashflow starting on day one of ownership. Please download the OM for more specific details, and contact listing agent for more information. Please do not walk on property, tenants are not aware of sale.

1715 Westmoreland Blvd, Los Angeles

Courtesy of , Robert Leveen - CA DRE#

$1,399,000
4 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Harvard Heights Spanish style 4-Plex. Large unit's 900+ sf each! Commercially zoned (C-1). Potential for ADU's in and over the 4 garages! Each spacious unit is 1 bedroom and 1 bathroom. Each unit consists of a living room, dining room, kitchen, bedroom, and laundry room. There are washer/dryer hookups in each unit. The roof was replaced 3 years ago, and the structure is bolted to the foundation. Lots of opportunity for upside in rents and additional ADU units!!

1662 S Harvard Blvd, Los Angeles

Courtesy of , David Rosenfeld - CA DRE#

$1,100,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
A corner fixer house in Koreatown. Zoned LAR3. Investor's delight to bring this gem to its pristine condition. Excellent location with easy access to shops, restaurants, and many more Koreatown attractions.

1156 S Hobart Blvd, Los Angeles

Courtesy of , Jonathan Paik - CA DRE#

$2,500,000
24 Beds ⋅ 6 Baths ⋅ ACTIVE Status
INCOME-GENERATING TRIPLEX PROPERTY UP TO $20K MONTHLY INCOME LOCATED IN THE HIGHLY SOUGHT-AFTER KOREATOWN MARKET. REFER TO THE PICTURES FOR MORE INFORMATION. 10 DESIGNATED PARKING SPACES. DRIVE BY ONLY. DO NOT DISTURB TENANTS. SHOWING BY APPOINTMENT ONLY.

1041 Elden Ave, Los Angeles

Courtesy of , Cindy Kim - CA DRE#

$1,650,000
9 Beds ⋅ 6 Baths ⋅ ACTIVE Status
GREAT INVESTMENT OF 6 UNIT INCOME PROPERTY! LOCATED IN PRIME AREA WITH HIGHLY POPULAR OF KOREA TOWN LOS ANGELES. THE COMPLEX CONSIST OF 3 UNITS OF 2 BED+1BATH & 3 UNITS OF 1BED+1BATH. EACH UNIT PAYS THEIR OWN GAS/ELECTRICITY/TRASH (SEPARATE METER PER UNIT!) & SELLER PAYS WATER FOR ALL UNITS. EXTRA INCOME FROM COZY COIN LAUNDRY(DOWNSTAIRS). CURRENTLY, ALL TENANTS PAY THEIR RENTS ON TIME. THIS IS A TRUE GEM WITH ENORMOUS UPSIDE POTENTIAL MAKING IT AN IDEAL INVESTMENT OPPORTUNITY. PROPERTY IS BEING SOLD IN "AS-IS".

1229 S Fedora St, Los Angeles

Courtesy of , Kathy Lee - CA DRE#

$2,390,000
8 Beds ⋅ 8 Baths ⋅ ACTIVE Status
Great Investment Opportunity!! Location Location!! All Units are totally remodeled 5 years ago. 2 Units are 2 Bedrooms and 2 Bathrooms w/ Den on 2nd floor, 4 Units are 1 Bedroom and 1 Bathroom on top floor. This property was built in 1989 and has 3 stories. This apartment building located in Prime Koreatown. Tenants are surrounded by amenities including Restaurants, Shopping, Entertainment and Local Transportation. Easy access to 10, 110 and 5 Freeways. This property is rare opportunity to acquire a well-maintained asset with significant upside potential.

1038 Dewey Ave, Los Angeles

Courtesy of , Jenny Kang - CA DRE#

$4,900,000
18 Beds ⋅ 18 Baths ⋅ ACTIVE Status
We are proud to present this mixed use property in the MacArthur Park neighborhood of Koreatown, one of the most desired and fastest developing communities in all of Los Angeles. This pocket of Koreatown boasts the second highest walk score in all of Los Angeles (96 walk score), and it is teeming with new development. There are more than 300 brand new apartment units currently under construction or recently built when just looking at the directly surrounding properties. The two next door developments are nearing completion for a total of 130 units. The building directly across the street ("The 900") is a brand-new construction property that was finished in 2021 which has 193 apartment units along with office space and a state-of-the-art gym. Built in 1914, this 12,780 square foot mixed use property sits on a 0.17-acre lot on the corner of Vermont Ave and James M Wood Blvd and is comprised of 14 apartment units on the second and third floors and a ground floor restaurant which is occupied by a successful Korean BBQ restaurant. The 14 apartment units combine for 8,580 gross square feet and are comprised of 10 studio units and (4) 2 bed / 1 bath units. The 2 bed units are currently being rented out by the bedroom with a co-living / shared-bathroom concept. The apartment units are under rented, providing the buyer with almost 40% upside potential in gross rental income. Furthermore, there is a huge opportunity to significantly increase the NOI of the property by implementing a utility bill back system to the tenants. Since the building is master metered for all utilities, the current landlord's utility bills are very high. A savvy buyer would charge the tenants each month for their share of utility costs which would significantly reduce the expenses on the building. We estimate that the Buyer could decrease utility costs by $45,000 per year. When the buyer can fully stabilize the apartments, they could add an estimated $119,000 to the annual NOI with the combination of higher rents and lower utility costs. That is an increase of 64% above the current NOI that can be captured by a value-add investor. The ground floor is approximately 4,200 square feet and is being occupied by a popular Korean BBQ tenant called "J BBQ." This restaurant has been operating out of this location since 2012 when they originally signed a 10-year lease. That 10-year lease is expiring this year, and the tenants have notified the landlord that they will be exercising their first of two 5-year extension options. Per the lease, the rent for each extension option is reassessed at current fair market value. The landlord and restaurant are still negotiating the lease amount, but it will be between $13,000 - $14,000 per month for the next 5 years. The restaurant pays for all their own utilities and handles all repairs and maintenance inside their unit. The landlord is only responsible for property taxes and common area maintenance for the restaurant, keeping the expenses for that part of the building very low. There are two billboards on the roof and additional wall sign that benefit from more than 45,000 cars per day driving through Vermont Avenue. Currently, these billboards bring in an extra $820 per month or $1,640 per year. This corner lot has an excellent LAC2 zoning with the TOC Tier 3 bonus. The C2 zoning allows for 18 units to be built, and the TOC bonus increases that to 34 apartment units that can be built on this lot. The great zoning, combined with significant amount of development going on next door, shows the buyer that the long-term strategy for this lot could be redevelopment. In the meantime, a savvy investor would consider building extra units on the current parking lot. You could build 2 detached ADUs on the parking lot, or better yet you can build 4 by-right units there using the C2 zoning.

901 S Vermont Ave, Los Angeles

Courtesy of , Filip Niculete - CA DRE#

$1,499,000
9 Beds ⋅ 6 Baths ⋅ ACTIVE Status
***SELLER MOTIVATED!!! $200K PRICE REDUCTION!!!*** Proudly presenting 2970 W 11th St, a great investment and/or owner-user opportunity for sale in prime Los Angeles. Most excellently located in Koreatown and greatly situated on a hillside corner lot with beautiful city views in Mid-Wilshire, this wonderful property boasts ideal location as the midpoint between Koreatown, Downtown and USC. Subject property consists of two (2) units in two (2) separate buildings; the first two-story building consists of a 5-bed/4-bath unit, while the second one-story building consists of a 3-bed/2-bath unit. The main house in the two-story building has been completely modernized, with a beautiful interior remodeled in its entirety. Both units can be delivered fully occupied or the main house can be delivered vacant in accordance with Buyer preference. Easy maintenance and and rental upside is simply the cherry-on-top. With easy access to the I-10 freeway as well as to various venues, markets, popular restaurants and eateries, and entertainment amenities all over the city, 2970 W 11th St is a must-see gem that cannot be missed.

2970 W 11th St, Los Angeles

Courtesy of , MiJeong Kim - CA DRE#

$1,775,000
9 Beds ⋅ 8 Baths ⋅ ACTIVE Status
We are pleased to present 1711 S Burlington an eight unit Pico-Union property available for purchase. 1711 S Burlington is a well maintained apartment building with architectural character with seven one bedroom, one bathroom units and one two bedroom, one bathroom unit. This property also includes a large area currently used as parking with as much as 2,500 square feet of contiguous open space possibly suitable for an ADU (buyer to verify). 1711 S Burlington is in the the Pico-Union area which has some of the highest density and highest demand for apartments in the Los Angeles area. This location is convenient to USC, Downtown, Koreatown and Hollywood and very near both the 10 and 110 Fwys allowing quick access to the greater Southern California region. The Walk Score at Burlington Ave is 91-Walker'sParadise with many nearby restaurants, retail outlets and entertainment facilities including the LA Coliseum and BMO Stadium home of the MLS LA FC.

1711 S Burlington Ave, Los Angeles

Courtesy of , Michael R. Fukushima - CA DRE#

$1,350,000
8 Beds ⋅ 4 Baths ⋅ ACTIVE Status
We are pleased to offer the opportunity to acquire this four (4) unit value-add multifamily investment opportunity located at 1822 S. New England Street, well situated in the heart of Koreatown. The investment consists of one (1) structure, constructed of wood frame and stucco on a raised foundation built in 1913, with a square footage of 4,506 on a 9,112-square foot lot. The property consists of four (4) spacious 2-bedroom +1-bathroom units (1-bedroom + 1-bathroom units legally on title), and the development opportunity to construct two (2) additional units, as well as two (2) ADU's to further increase cash flow. The site offers a zoning ordinance of LARD1.5, which allows for the construction of 6 units by right. With a Tier 2 TOC (35% density bonus), this allows for the development of an additional 4 units, totaling a potential 10 buildable units. (Buyer to verify and do their own due diligence)

1822 S New England St, Los Angeles

Courtesy of , Davis Saadian - CA DRE#

$1,600,000
10 Beds ⋅ 8 Baths ⋅ ACTIVE Status
Excellent opportunity to own 7 units, Zone: LA-R3 (for development-minded investors)! Apartment community located in the high demand rental area of Mid-Wilshire, South of Olympic,1.8 miles from Crypto.com Arena & LA Live, near Korea town, USC, & Public Transportation. The complex consist of a mix of six (6)-1bed/1bath units, & one (1) -spacious upstairs & downstairs front unit consisting of 4beds/2baths, living rm, dining rm, wash rm off kitchen & kitchen nook. Each unit has separate mailing address, 1204-1208 1/2 Fedora St. Total of Ten (10) bedrooms & eight (8) bathrooms situated on a 5904 square foot parcel. There are 7 DWP meters & 2 Gas meters located on the property. Seller pays Water for 7 units and Gas for 6 units. Front unit pays their own Gas with their designated Gas meter. ALL Tenants pay their own Electricity & Trash. There is continued gentrification of the surrounding areas & on Fedora Street which is added value for new owner to renovate or tear down & reconstruct to achieve superior future returns moving forward. GRM 10.6 determined with Pro Forma rents and purchase price. Interior viewings will be scheduled with submitted offers to LA1. More photos coming soon. Property to be sold in "As-Is/Where-Is" Condition.

1204 Fedora St, Los Angeles

Courtesy of , Hollie Frey - CA DRE#

$2,850,000
5 Beds ⋅ 4 Baths ⋅ ACTIVE Status
25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail within walking distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price: $2,850,000 Buyer may obtain new financing at current market rates. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $241 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. 1139 S Kingsley Triplex: 3 Beds/ 2 Bath 2,092 sq. ft. $2,520 Month-to-Month. 1141 S Kinsley 1 Bed/ 1 Bath $1,420 Month-to-Month 1141 S Kingsley 1 Bed/ 1 Bath $1,550 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,450 Month-to-Month 1145 1/2 S Kingsley 1 Bed/ 1 Bath $1,600 Month-to-Month Total $9,540 p/mo. Please do not call the seller as the property is listed. Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. Buyer to cooperate in a 1031 exchange at no cost at liability to buyer.

1139 S Kingsley Dr, Los Angeles

Courtesy of , Kyi Lee - CA DRE#

$2,850,000
ACTIVE Status
25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail within walking distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price: $2,850,000 Buyer may obtain new financing at current market rates. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $241 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis.1139 S Kingsley Triplex: 3 Beds/ 2 Bath 2,092 sq. ft. $2,520 Month-to-Month 1141 S Kinsley 1 Bed/ 1 Bath $1,420 Month-to-Month 1141 S Kingsley 1 Bed/ 1 Bath $1,550 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,450 Month-to-Month 1145 1/2 S Kingsley 1 Bed/ 1 Bath $1,600 Month-to-Month Total $9,540 p/mo. Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. Please do not call the seller as the property is listed. Buyer to cooperate in a 1031 exchange at no cost at liability to buyer.

1145 S Kingsley Dr, Los Angeles

Courtesy of , Kyi Lee - CA DRE#

$1,500,000
4 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Gorgeous duplex in Koreatown. R3-1 Zoning. Potential for 13 Unit redevelopment. Owner unit (3+2) will be delivered vacant at close of escrow.

1146 S Ardmore Ave, Los Angeles

Courtesy of , Michelle Suh - CA DRE#

$1,999,000
8 Beds ⋅ 8 Baths ⋅ ACTIVE Status
Proud to present 1419 S Berendo St, a 4-unit property located in Koreatown (on Pico and Berendo). Newly remodeled in 2019, this fourplex reflects a well-planned build by merging inspiration and architecture, conveniently located near Downtown and USC. Each unit features an open floor plan with beautiful laminate flooring, new cabinets accentuating a gourmet-style kitchen, and brand-new appliances. Every unit also includes a tankless water heater and an in-unit washer and dryer. All units are (4) 2 Bed/2 Bath units (Total of 8 Bed/8 Bath). All units are currently Tenant occupied, Each unit is around 950 sq ft. Two side-by-side easily accessible parking spaces are provided for each unit, totaling 8 parking spaces. There is a back alley for easy access to the property and a parking lot. With easy maintenance and little management needed, the water bill is paid for by tenants, and the owner is only responsible for the property tax and a $275/monthly management fee. Just north of 10 FWY and 110 FWY, it gives you the most accessible access to DTLA, USC, and Santa Monica. It is also convenient as many Koreatown restaurants, shopping centers, and grocery markets are nearby.

1419 S Berendo St, Los Angeles

Courtesy of , Sharon Oh - CA DRE#

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).