Homes for Sale

ZIP CODE 90037

We are pleased to present a two (2) unit apartment building located in Los Angeles, California. The subject properties is in a solid South Los Angeles location, south of E Vernon Avenue and west of S Main Street. Built in 1930, this property contains a streamlined unit mix of one (1) detached one-bedroom / one-bathroom unit and one (1) detached two-bedroom / one-bathroom unit. The front house is oversized, approximately 1,200 SF (Buyer to verify). The gated and secure driveway leads to an open patio which ample space for fully parked on-site parking. There is an opportunity to build multiple ADU units in the back of the house. Tenants will appreciate living in a laid-back residential corridor adjacent to Downtown, only a short drive from USC campus. Outdoor recreation is available just down the street at the South Park Recreation Center. The subject property is adjacent to numerous new construction projects. 5752 S Main Street is proposed to feature 53-units, 5501-5513 S Main Street is under construction for 57-units, and 5000 S Main Street (a few doors down from the subject property) completed the construction of 59-units in 2016. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor to capitalize on adding value and capturing great upside potential in a strong rental market adjacent to USC.

127 W 50th St, Los Angeles

Courtesy of , Jason Tuvia - CA DRE#

$6,250,000

21 Beds ⋅ 19 Baths ⋅ ACTIVE Status

WELL-MAINTAINED 19-UNITS SITTING ON A HUGE DOUBLE LOT, APPROX. 15,464 SQ. FT. COMPLETE ADDRESS: 526-534 W. 47Th ST., LA 90037. MINUTES SOUTH OF USC. CONSISTS OF TWO ADJACENT PARCELS # 5018-027-15 & # 50-18-027-16. GREAT LOCATION WITH HUGE DEVELOPMENT POTENTIALS. POSSIBILITY TO BUILD AFFORDABLE / LOW INCOME UNITS; (BUYER TO VERIFY). TREMENDOUS UPSIDE POTENTIAL ONCE UNITS ARE TURNED. CLOSE TO 110-FREEWAY, SHOPS & PUBLIC TRANSITS. DRIVE BY ONLY, PLEASE DO NOT CONTACT TENANTS. CALL / TEXT LISTING AGENT FOR MORE DETAILS.

526 W 47th St, Los Angeles

Courtesy of , Albert Aftalion - CA DRE#

$569,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

An authentic California Craftsman SFR (circa 1924) is located in a residential neighborhood of similar type homes. It includes two spacious bedrooms and two full size bathrooms. Enter into the multi-pane glass enclosed sun room which can be used as an office or daytime play space for the kids. The open concept living room with its voluminous ceiling has an original stone fireplace, designer selected ceiling fan and is adjacent to the formal dining room which has custom original built-ins, and a modern-period inspired chandelier. The updated eat-in kitchen includes white cabinetry, imported granite countertops and stainless steel appliances. The indoor laundry closet can accommodate a side-by-side washer and dryer. The original hardwood floors are gleaming and in mint condition. Original 6" baseboards and crown molding. Great closets. Quaint backyard. The secured long driveway has a wrought iron double gate and can accommodate several cars. Detached single car garage with newer roll up aluminum door. Drought tolerant landscape has been professionally installed in front and backyard. This move-in ready home is a winner. Bring your most discerning buyer(s) as this home will not disappoint.

1317 W 57th St, Los Angeles

Courtesy of , Lester Crawford - CA DRE#

$675,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

WELL LOCATED 2 IN A LOT - CLOSE TO USC. PRICED FOR FAST SALE. TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANT - SHOWING INTERIOR W ACCEPTED OFFER SUBJECT TO INSPECTION - DRIVEBY - POSSIBLE FRONT UNIT VACANT W FULL PRICE. CALL LISTING AGENT FOR DETAILS.

708 W 54th St, Los Angeles

Courtesy of , Daniel Franco - CA DRE#

$830,000

6 Beds ⋅ 4 Baths ⋅ ACTIVE Status

GREAT INVESTMENT OPPORTUNITY! One unit can be occupied by the owner while the other is rented out to tenants. The rental income from the second unit can be used to offset the owner's mortgage payments, making homeownership more affordable. Each unit provides 3 Bedroom 2 Bathrooms with potential to built two additional units. New roof installed this year. Freshly new paint. Provides a long drive way, plenty of space for parking. This property is centrally located, nearby USC, minutes away from DTLA, BMO stadium, Los Angeles Memorial Coliseum, Natural History Museum of Los Angeles and many more historic attractions.

541 W 45th St, Los Angeles

Courtesy of , Crystal Chavez-Mondar - CA DRE#

$1,999,000

6 Beds ⋅ 5 Baths ⋅ ACTIVE Status

We are thrilled to introduce an exceptional value-added opportunity conveniently situated minutes to USC. Just a mere few blocks away from the heart of the University of Southern California's main University Park Campus, this property finds itself nestled within the USC-CSC and DPS security zone. Notably, this location is a highly sought-after neighborhood for student housing rentals. Comprising three distinct structures, the property boasts an array of options: Building 1 offers 4 Beds/2 Baths, Building 2 features 3 Bedrooms and 2 Baths, and Building 3 presents 1 Bedroom/1 Bath. Beyond its close proximity to the USC Campus, this property enjoys the added advantage of being within a stroll's reach of the Metro Expo Line, Exposition Park, The LA Coliseum, the LAFC Stadium, and the exciting new George Lucas Museum. Property is Zoned R3, with TOC: TIER 3 in the State Enterprise Zone.

3913 S Budlong Ave, Los Angeles

Courtesy of , Dominic Kennedy - CA DRE#

$1,925,000

9 Beds ⋅ 7 Baths ⋅ ACTIVE Status

*** Assumable Loan $1,070,000 at 3.15% FIXED RATE until March 2027 ! *** High Income 7 unit Apartment Building South. Corner of 43rd st and Kansas Ave , located about one mile South of USC. One unit is vacant. Actual cap will be more than 6.6% . Actual GRM will be under 11.2 Buyer to check all the information. Zoning is R3. Please respect Tenant's Privacy . Showing with accepted offer.

4270 S Kansas Ave, Los Angeles

Courtesy of , Shawn Raoufpour - CA DRE#

$1,895,000

11 Beds ⋅ 9 Baths ⋅ ACTIVE Status

Presenting a remarkable investment opportunity: a strategically positioned 4-unit multifamily property located in the vibrant City of Los Angeles. complete with a recently added Accessory Dwelling Unit (ADU) currently vacant. This enticing offering not only promises potential income, but also versatility. Whether you're looking to RESIDE IN ONE UNIT AND GENERATE INCOME FROM THE OTHERS, or maximize revenue by renting out all spaces, this property caters to your desires. This offering stands as a testament to both prime location and potential for lucrative returns. Each unit showcases thoughtful layouts, catering to the demands of urban living. Situated in a sought-after area, residents will relish easy access to amenities, cultural attractions, and essential conveniences. Whether you're a seasoned investor or seeking to diversify your portfolio, this multifamily gem promises not only immediate value but also a promising future in one of the nation's most dynamic real estate markets, the City of Los Angeles.

1101 Leighton Ave, Los Angeles

Courtesy of , Shiva Mehrdad - CA DRE#

$2,199,000

16 Beds ⋅ 6 Baths ⋅ ACTIVE Status

We are pleased to present an exceptional investment opportunity at 324 W 51st St, a fully gut-rehabbed property in the 90037 zip code of Los Angeles. The sellers, who are experienced developers, transformed a four-unit building into a 'like-new' property, meticulously rehabilitating it down to the studs and enhancing the unit count to six with the addition of two Accessory Dwelling Units (ADUs). The original property, purchased in October 2021, consisted of four sizeable one-bedroom units. During the renovation, these units were each converted into three-bedroom units, with two of them gaining an extra half-bath. This thoughtful conversion, along with the addition of two-bedroom, one-bathroom ADUs each measuring 641.5 SF, will inevitably lead to increased rental income for future investors. All equipment and systems across the six units are brand new, designed to help the landlord minimize expenses and maximize returns. Furthermore, the property is individually metered for all utilities, including water, and it has no common area electrical meter, ensuring minimal landlord expenses. The City has provided individual trash cans for each unit, eliminating the significant cost associated with City trash services. As of this writing, leases for four of the six units have been signed. The remaining two leases are expected to be finalized, perfectly aligning with the opportunity for a new investor to take over a fully leased, cash-flowing, 'like new' asset. This property is an exceptional find in an area that typically lacks such offerings, despite its close proximity to many of the city's major attractions and entertainment centers.

324 W 51st St, Los Angeles

Courtesy of , Filip Niculete - CA DRE#

$1,000,000

4 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Value-Add Investment Opportunity! The subject property is a two story multifamily quadplex consisting of all 1 Bedroom + 1 Bathroom units. The property is well located near Exposition Park and the area has significant investment in recent years. These investments include, the George Lucas Museum of Narrative Art, BMO Stadium, expansion of the Los Angeles Natural History Museum, and the multitude of apartment projects along Figueroa St. The building is 4,072 Sq. Ft. with units averaging over 1,000 Sq. ft. each. Potential opportunity to convert 1 bed units into 2 bed units to achieve higher rents. Property is accessible by an alley in the rear and has room enough for 4 car parking spaces. Potential to build ADU in rear. *Buyer to verify all information* Drive by only, do not disturb tenants.

955 W 42nd St, Los Angeles

Courtesy of , Michael R. Fukushima - CA DRE#

$1,990,000

ACTIVE Status

NEW PRICE now that it is Fully RTI! We are pleased to exclusively present for sale a Ready-to-Issue construction project consisting of 31 Residential Units + 1 ADU just south of the LA Memorial Coliseum and Banc of California Stadium. Situated on W. 42nd Pl. between S. Hoover and Menlo Ave., this 14,170 SF R3-1 Tier 3 double-lot has 103 feet of frontage. The property has been Ellised and currently features 2 Duplexes which will be delivered vacant, with Demolition Permits Ready-to-Issue. With a TOC Letter of Determination and a recorded Rental Covenant Agreement, get your construction crew ready! This project is FULLY RTI! The design consists of one Studio, two 1+1, two 2+1, three 3+2, seventeen 4+2, one 4+3, four 5+2, two 5+3. 75% of the project's unit mix are 4 bedrooms and 5 bedrooms, which makes this a fantastic opportunity for Co-Living! 4 units are reserved for Very Low Income tenants and one unit for Extremely Low Income tenants. The property is about a half mile south of the LA Coliseum and Banc of California Stadium, in the backyard of USC and a mile to the Exposition Light Rail Line Station, all a hop and a skip away for future residents. Easy access to 110 & 10 freeways will make an easy commute to DTLA and everywhere else in Los Angeles. The property has the new APN 5019-006-032 that was created from the merger of the two previous APNs (the listed APN no longer exists). A great option for this property is to rent to Section 8 tenants. There are few buildings with this unit mix being built that are not managed by a co-living operator, so this could be a great match for Section 8. Rents for Section 8 have increased as of 11/1/2022.

836 W 42nd Pl, Los Angeles

Courtesy of , Dario Svidler - CA DRE#

$1,300,000

8 Beds ⋅ 4 Baths ⋅ ACTIVE Status

This updated fourplex in Los Angeles presents an outstanding opportunity for anyone looking to own, and possibly occupy, a property with great potential. This 2-story building has all units front facing with 2 units upstairs and 2 downstairs. Each unit is the same spacious, over 1,000 sq ft, one-level layout with 2 bedrooms and 1 bathroom. 3 of the units are occupied and one will be delivered vacant. The vacant unit has an upgraded kitchen and bathroom. The units are individually metered for gas and electricity, which keeps expenses to a minimum. Each unit has their own washer/dryer hookups. Lower rent than the current market value with room for rental increase. Property is conveniently located 1/2 mile to the Coliseum, Exposition Park, and Metro Line and 1 mile to USC making it highly desirable for USC students. In addition to rents, tenants pay $50/mo per parking space and the building has 6 spaces available with one space available. This low-maintenance property is well-positioned to be a competitively sought-after investment with huge potential with student housing. It is also perfect for the owner to occupy the vacant unit.

866 W 43rd St, Los Angeles

Courtesy of , Ashlee Van Sickle - CA DRE#

$3,350,000

ACTIVE Status

57-unit project priced to sell - only $58k/unit!!! Opportunity to acquire a truly shovel-ready affordable housing development site...Permitted with ZERO parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline...Ready-to-issue permits (RTI) - Vacant Land Can start construction immediately - No tenants to relocate / already demolished...4-story project engineered for efficiency and designed to be built economically.

5318 S Hoover St, Los Angeles

Courtesy of , Ardy Ishal - CA DRE#

$729,999

7 Beds ⋅ 5 Baths ⋅ ACTIVE Status

Fantastic investment opportunity in a prime location! This property, originally a duplex, has been converted into a four-unit gem. The front house boasts three bedrooms and two bathrooms, generating a rental income of $2,080. The back unit offers two bedrooms and one bathroom, providing a steady monthly rent of $1,625. Upstairs, you'll find a charming one-bedroom, one-bathroom unit, currently leased for $1,325. Lastly, there's a studio unit that collects $625 per month. All the tenants are long-term, reliable, and consistently pay their rent on time, ensuring a stable income stream. The property is being sold "as is," and the responsibility of verifying square footage and permits falls on the agent. Don't miss out on this opportunity to add a lucrative investment property to your portfolio! Act now and seize the chance to acquire this income-generating gem with existing tenants in place.

634 W 55th St, Los Angeles

Courtesy of , Daniella Fiallos - CA DRE#

$1,300,000

8 Beds ⋅ 4 Baths ⋅ ACTIVE Status

4309 S Hoover St, Los Angeles

Courtesy of , Malik Chaka - CA DRE#

$875,000

4 Beds ⋅ 4 Baths ⋅ ACTIVE Status

This is a diamond in the rough. With a little TLC, property would shine. Plenty room for upside rents... Occupied with long term tenants. Two units are section 8. Seller will not deliver any units vacant. Buyer is purchasing the property with all unit's tenant occupied. All Tenants are month to month, no long-term leases.

721 W 48th St, Los Angeles

Courtesy of , Kimberly Barbour - CA DRE#

$725,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

PROBATE. No court confirmation needed. All offers to be on CAR forms with necessary probate addendums. Initial deposit to be 10% down - Cashiers' Check written to the Estate of Maudrine Elsberry. Tenant occupied. Guest house in the back. Long drive way. To be shown with an accepted offer. Call agent for additional information.

1118 W 53rd St, Los Angeles

Courtesy of , Josephine McReynolds - CA DRE#

$675,000

4 Beds ⋅ 3 Baths ⋅ ACTIVE UNDER CONTRACT Status

A home owner's / investor's delight! Unit #924 shows as two bedrooms, 2 baths. One bedroom and one bathroom are upstairs. This unit also has washer and dryer hook-ups on the service porch off of the kitchen. The garage has been converted to a living unit. Listing agent has not viewed unit #926. Come be the newest owner of neighbor!

924 W 49th St, Los Angeles

Courtesy of , Ronald G Jackson - CA DRE#

$1,600,000

8 Beds ⋅ 8 Baths ⋅ ACTIVE Status

Investor, Builder, Developer Opportunity located on an almost 12,000 sq. feet lot. The property located just minutes from USC, shopping centers of the growing USC Community, Exposition Park, and the Memorial Coliseum, is easily accessible to public transportation and just a short walk to the Expo/Vermont light rail line. This Fixer, a work in progress, consist of 8 one (1) bedroom, one (1) bathroom Bungalow style Units, with off-street parking. 7 units have been partially remodeled, new roof, new electric, new plumbing, new wood floors, lighting and more. One unit is subject to the REEP program. Appointment Only. Please do not disturb the occupants and do not walk the property.

1094 W 39th St, Los Angeles

Courtesy of , Kathy M. Ussery - CA DRE#

$800,000

5 Beds ⋅ 4 Baths ⋅ ACTIVE Status

This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate fantastic Zoning with C2 (Commercial) + Residential mixed use so the buyer may keep the property as it is with higher CAP rate or develop a Mixed Use Commercial and Residential Building. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming, Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property and UDU project with a new Electric Meter. The roof is new, new Double Pande Windows, Bathrooms and so much more with propert permits! This is a GEM and a MUST SEE PROPERTY!!!

4815 S Normandie Ave, Los Angeles

Courtesy of , Thomas Yong Kim - CA DRE#

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