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ZIP CODE 90057

$1,995,000
10 Beds 10 Baths 24360841 MLS
Huge 400k Price Reduction! Value-Add 10-unit building with 4 fully renovated units with permits (100% occupied) in the historic Filipino Town priced at only $199k/door and $305/SF. Amazing Current Cap Rate of 6.2% and 11.3 GRM with an incredible 88% upside to 13.6% Cap Rate and 6 GRM on proforma. Plus, there are Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 166k/unit, 9.2% Cap Rate, and 8.2 GRM on Current with upside to 16.7% Cap Rate and 5 GRM on Proforma after ADUs. All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. RTI plans to add 2 Attached ADUs in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 4 units have been fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the heart of LA just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

151 S Mountainview Street, Los Angeles

Listing courtesy of Listing Agent: Julio Ruiz (ziuroiluj@gmail.com) from Listing Office: Global Platinum Properties, Inc..

$2,150,000
12 Baths 24355605 MLS
229 South Westlake Avenue is a well-maintained Twelve (12) Unit, 1920s architectural building located in the heart of the North Westlake / Historic Filipinotown community and within a short distance of Silver Lake and Echo Park. 229 South Westlake Avenue is ideally located with immediate access to the neighboring communities of DTLA/Financial District (1.4 miles), Echo Park (1 mile), and Silver Lake (1 mile), which provides ample employment opportunities and world-class entertainment venues. The Walk Score is 94, deemed "Very Walkable." 229 South Westlake Avenue, built in 1926, consists of 6,150 SF of improvements on a 6,272 square-foot parcel and a unit composition of Twelve (12) spacious apartments. Each unit features generously sized main rooms, full kitchens with dining spaces, and full baths with much of the original 1920s character restored. The building amenities include a gated and controlled access entry, street parking, common area laundry, and a massive rear yard for tenant enjoyment. The offering offers investors a unique opportunity to acquire an easy-to-operate cash-flow property with meaningful long-term rent appreciation. The offering provides significant long-term rental upside since the average rent for a studio apartment in Los Angeles in May 2023 was $1,997 per RentoMeter's statistics and trends report.

229 S Westlake Avenue, Los Angeles

Listing courtesy of Listing Agent: Nick Astrupgaard (nastrupgaard@kw.com) from Listing Office: KW Commercial Studio City.

$1,349,000
PW24013538 MLS
Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment. The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms. This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit. Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience. Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking. With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration. Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential. This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.

145 S Reno Street, Los Angeles

Listing courtesy of Listing Agent: Bret Lewis (BretRealty@gmail.com) from Listing Office: Bret Lewis, Broker.

$2,990,000
24-349269 MLS
We are pleased to present 2330 W 3rd Street, an architectural awardwinningmixed use creative space opportunity in the heart of Westlake, one ofLos Angeles' fastest growing neighborhoods. This rare trophy Mid-Century assetconsists of ten commercial suites and one large 2 bedroom penthouse. This iconic glass, brick, and stucco Mid-Centurybuilding wraps around a beautifully landscaped centralcourtyard. Every creative suite is unique and boastrare features such as floor to ceiling glass windows,open beamed ceilings, their own private bathrooms,and brick wood-burning fireplaces. The 8,262 squarefoot building sits on 11,721 square feet of land zonedLAC2, allowing for a variety of commercial, residential,or mixed uses. With approximately 100 feet of frontagealong 3rd street, 2330 W 3rd Street presents itself asone of the most recognizable architectural buildings inWestlake with excellent visibility, lush palm trees, andconvenient ingress and egress. Westlake, located right outside Downtown'semployment hub, is a bustling neighborhood with arapidly gentrifying demographic. Westlake is adjacentto other notable neighborhoods, including Echo Park,Pico Union, Downtown and Koreatown. The subjectproperty's location is ideal as it is walking distanceto thousands of jobs, transportation options andretail and dining amenities. The demand for apartmentunits continues to increase, seen by the majordevelopments in the area such as the MacArthur ParkMetro Apartments (proposed 665 units), Lake onWilshire (proposed 478 units) and Wilco (152 unitsunder construction) among many others in closeproximity to 229 South Westlake Avenue.

2330 W 3rd St Unit PH, Los Angeles

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$2,990,000
24349269 MLS
We are pleased to present 2330 W 3rd Street, an architectural awardwinningmixed use creative space opportunity in the heart of Westlake, one ofLos Angeles' fastest growing neighborhoods. This rare trophy Mid-Century assetconsists of ten commercial suites and one large 2 bedroom penthouse. This iconic glass, brick, and stucco Mid-Centurybuilding wraps around a beautifully landscaped centralcourtyard. Every creative suite is unique and boastrare features such as floor to ceiling glass windows,open beamed ceilings, their own private bathrooms,and brick wood-burning fireplaces. The 8,262 squarefoot building sits on 11,721 square feet of land zonedLAC2, allowing for a variety of commercial, residential,or mixed uses. With approximately 100 feet of frontagealong 3rd street, 2330 W 3rd Street presents itself asone of the most recognizable architectural buildings inWestlake with excellent visibility, lush palm trees, andconvenient ingress and egress. Westlake, located right outside Downtown'semployment hub, is a bustling neighborhood with arapidly gentrifying demographic. Westlake is adjacentto other notable neighborhoods, including Echo Park,Pico Union, Downtown and Koreatown. The subjectproperty's location is ideal as it is walking distanceto thousands of jobs, transportation options andretail and dining amenities. The demand for apartmentunits continues to increase, seen by the majordevelopments in the area such as the MacArthur ParkMetro Apartments (proposed 665 units), Lake onWilshire (proposed 478 units) and Wilco (152 unitsunder construction) among many others in closeproximity to 229 South Westlake Avenue.

2330 W 3rd Street Unit PH, Los Angeles

Listing courtesy of Listing Agent: Filip Niculete (info@laaa.com) from Listing Office: Marcus & Millichap.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.