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$1,199,000
5 Beds ⋅ 5 Baths ⋅ 26983467 MLS
NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"

220 N Oxford Avenue, Los Angeles

Listing courtesy of Listing Agent: Max Lee (Hellomaxlee@gmail.com) from Listing Office: Real Broker.

$2,050,000
6 Beds ⋅ 4 Baths ⋅ 26983059 MLS
A rare opportunity just one block from Occidental College, this 2023-built property offers two separate 3-bedroom, 2-bath residences at 4521 & 4523 Alumni Ave, each with approximately 1,300 square feet of modern living space. Set on an oversized 7,500 square foot lot and delivered completely vacant, the property offers exceptional flexibility for an owner-user, multi-generational living, or an investor looking to immediately lease both homes. Both residences feature spacious open floor plans, wide-plank wood flooring, solar panels, and stylish contemporary kitchens with two-tone cabinetry and upgraded LG smart appliances, including five-burner ranges, SmartView refrigerators, dishwashers, washers, and dryers. The rear residence also features a double oven, while the front includes a warming drawer. Modern bathrooms are finished with floor-to-ceiling tile, glass shower enclosures, custom vanities, and backlit LED mirrors. Thoughtful exterior details including black-framed windows, wood siding, and hand-stained wood accents give the property a distinctive modern look. The expansive lot provides each residence with its own outdoor space, with the rear home also featuring a built-in fire pit. Each residence includes its own attached garage, adding valuable parking and storage. With two newer-built 3-bedroom homes, approximately 2,600 square feet of combined living space, a large lot, and both residences delivered vacant, this is a unique offering in Northeast Los Angeles. Ideally located near Occidental College, York Blvd, and Eagle Rock Blvd, with easy access to the restaurants, shops, and amenities of Eagle Rock and Highland Park.

4523 Alumni Avenue, Los Angeles

Listing courtesy of Listing Agent: John Anthony Christopher (John@JohnChristopherGroup.com) from Listing Office: Compass.

$980,000
SB26194089 MLS
Don't be fooled by this beautiful family oriented neighborhood where people walk their dogs and wave to their neighbors. The Design of the front house is very unique. As you enter through the door, you're welcomed by the high ceilings and an open floor plan, with lots of windows that provide plenty of natural light. The high Beam ceilings overlook the living room. The front house has 2 bedrooms and 1 Full bath upstairs, and a bonus room with closet downstairs. The upstairs stairway and bedroom have been freshly carpeted. The upstairs bedrooms and part of the living room have been freshly painted. Tax rolls show 2/1, but it is actually 3/1.4, with a quarter bathroom by the laundry room, equipped for a stackable washer and dryer. There is a spacious separate dining room ready for those family dinners. The back house is private and includes 2 bedrooms/1 full bathroom. There is a spacious family kitchen. Back unit includes washer, dryer, and stove. All of the screens have been repaired. There is plenty of yard space to entertain. The property is fenced in completely. The front has a large yard, and plenty of space between the 2 properties, at the end of a long driveway, equipped for as many as 6 or more cars. Each unit is separately metered and has its own water heater. There is a storage shed for your garden tools. There is an alley behind the property that is fenced off on both ends, so there is NO through traffic. The alley is maintained by the city and only the Homeowners have keys!!

4812 S Gramercy Place, Los Angeles

Listing courtesy of Listing Agent: Menah Martinez (MenahLM@AOL.COM) from Listing Office: Estate Properties.

$865,000
2 Beds ⋅ 2 Baths ⋅ 26973861 MLS
A large lot, a vacant unit, and plenty of potential! Situated on a spacious, flat lot zoned LARD1.5, this centrally located duplex offers a unique opportunity for an investor, owner-user, or buyer looking to explore the property's future development potential. The existing property is a charming 1926 Spanish bungalow-style duplex featuring two units. The front 1-bedroom, 1-bath unit is currently rented for $1,349 per month, while the rear 2-bedroom, 1-bath unit will be delivered vacant at closing, providing immediate flexibility for an owner-user or the opportunity to renovate and reposition the unit for today's rental market. Beyond the existing improvements, the expansive rear portion of the lot is where the property really stands out. With a large amount of open, usable space, there may be opportunities to add additional units, an ADU, or explore a larger redevelopment of the site, subject to buyer verification and applicable zoning and building requirements. Conveniently located just off the 10 Freeway with easy access throughout Los Angeles, the property combines an existing income-producing unit, a second unit delivered vacant, a strong rental market, and a large LARD1.5 lot with future upside. For buyers looking for a property they can improve, expand, or hold for the future, 2664 S. Redondo Blvd offers a lot of possibilities at an attractive price point.

2664 S Redondo Blvd, Los Angeles

Courtesy of Compass, John Anthony Christopher - CA DRE#01416388

$924,999
DW26193190 MLS
Striking Los Angeles duplex! Tucked behind secure gates in the vibrant Vermont Knolls community, this rare property features two fully independent homes—offering an incredible live-one, rent-one or dual-income opportunity with massive long-term upside. Unlike properties that just received a quick coat of paint, these residences are truly transformed. One home has been meticulously rehabbed from top to bottom, while the other is completely brand new. Both homes feature a bright, open 3-bedroom, 2-bathroom layout designed with modern wood-style flooring, recessed LED lighting, crisp neutral paint, and contemporary fixtures throughout. Each home enjoys complete autonomy and maximum privacy, equipped with its own energy-efficient split HVAC system, separate indoor laundry hookups, and a private gated driveway. The spacious kitchens are a chef's delight, offering sleek cabinetry, durable countertops, and ample space for a large dining setup. The bedrooms are generously sized with great closet space, paired beautifully with modern bathrooms featuring new tile work and stylish vanities. Outside, the massive concrete backyard is an absolute premium asset. It boasts highly desirable alley access and secure, multi-vehicle parking that can accommodate a fleet of cars, or recreational toys. It serves as a blank canvas perfect for large-scale outdoor hosting, weekend barbecues, or convenient extra storage. Positioned in an incredibly central, high-demand location, this property is just minutes from USC, local schools, shopping, and public transit. Enjoy immediate access to the I-110, making your daily commute to Downtown LA, Hollywood, and local Southern California beaches completely effortless. Whether you are an investor looking to maximize cash flow or a homeowner wanting a tenant to pay your mortgage, this turn-key property is a must-see!

817 W 79th, Los Angeles

Listing courtesy of Listing Agent: Emmanuel Padilla (emmanuel.padilla@aol.com) from Listing Office: eXp Realty of California Inc..

$1,499,000
9 Beds ⋅ 6 Baths ⋅ 26970895 MLS
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Ave, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$1,000,000
8 Beds ⋅ 8 Baths ⋅ 26969467 MLS
We are pleased to present 1433 E 61st Street, an 8 unit multifamily investment opportunity in South Los Angeles. The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957.The building is configured entirely as 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. The building consists of a two story, wood frame structure with gas and electricity separately metered by unit, allowing utility expenses to be passed through to tenants and simplifying ownership. The property offers 7 open parking spaces located at the rear of the building, a meaningful amenity for tenants and a point of differentiation in the submarket. Interior unit features include vinyl plank flooring in the living room, tile flooring in the kitchen, and a wall heater. Bathrooms have been improved with new tile surround at the tub and a new vanity, while kitchens remain in original condition, presenting a clear value add opportunity for a future ownership group. At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. With approximately 18.07% rental upside to market, an investor can achieve a pro forma cap rate of 9.93% and a 6.18 GRM through targeted renovation and lease up to market rents. This presents a rare opportunity to acquire a stabilized, income producing asset in South Los Angeles with straightforward value add potential through kitchen renovations and rent growth to market levels.

1433 E 61st St, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

$1,649,000
7 Beds ⋅ 5 Baths ⋅ SB26193675 MLS
A rare opportunity to own a standalone residence with built-in income, this thoughtfully renovated two-building triplex offers privacy, flexibility, and long-term potential in a central Los Angeles location. The front home—separate from the rear units—lives like a single-family residence, complete with its own driveway and carport accommodating 4–5 cars in tandem, a true luxury in the city. Inside, the front residence features two ensuite bedrooms, bonus upstairs living space, and an open-concept floorplan that flows seamlessly from the front door through the main living areas and out to the patio—ideal for everyday living or hosting. Recent upgrades include a new foundation (allowing for future vertical expansion, buyer to verify), new sewer lines serving both buildings, upgraded drainage with a sump pump system, a new side fence, and interior improvements such as updated medicine cabinets, tub, and additional electrical outlets. The rear building provides TWO ADDITIONAL REMODELED UNITS: 137 Vendome is a one-bedroom residence on the lower level and 137 1/2 Vendome is a three-bedroom residence above—along with an attached two-car garage. All units include in-unit laundry hookups, offering convenience for occupants and ease of ownership. The front detached home is currently furnished, vacant, and set up for 30+ day rentals, with the last registered rental rate at $8,950 per month. The two rear units are tenant-occupied and generate a combined monthly rental income of $5,857.34. Ongoing landlord expenses are minimal and primarily limited to water/refuse, yard maintenance, and pest service. Centrally located with quick access to Downtown Los Angeles and nearby cultural landmarks such as Dodger Stadium, the Walt Disney Concert Hall, and the Hollywood Bowl—each within approximately a 10-minute drive—this property is ideal for an owner-user seeking a private home with supplemental income and future upside. **For front house: there are plans to keep the current downstairs floor plan and proposed upstairs conversion with an additional 3/3 ADU with roof deck and separate access from a balcony in the back

135 N Vendome Street, Los Angeles

Listing courtesy of Listing Agent: Maggie Ding (maggie@maggieding.com) from Listing Office: Compass.

$865,000
2 Beds ⋅ 2 Baths ⋅ 26973861 MLS
A large lot, a vacant unit, and plenty of potential! Situated on a spacious, flat lot zoned LARD1.5, this centrally located duplex offers a unique opportunity for an investor, owner-user, or buyer looking to explore the property's future development potential. The existing property is a charming 1926 Spanish bungalow-style duplex featuring two units. The front 1-bedroom, 1-bath unit is currently rented for $1,349 per month, while the rear 2-bedroom, 1-bath unit will be delivered vacant at closing, providing immediate flexibility for an owner-user or the opportunity to renovate and reposition the unit for today's rental market. Beyond the existing improvements, the expansive rear portion of the lot is where the property really stands out. With a large amount of open, usable space, there may be opportunities to add additional units, an ADU, or explore a larger redevelopment of the site, subject to buyer verification and applicable zoning and building requirements. Conveniently located just off the 10 Freeway with easy access throughout Los Angeles, the property combines an existing income-producing unit, a second unit delivered vacant, a strong rental market, and a large LARD1.5 lot with future upside. For buyers looking for a property they can improve, expand, or hold for the future, 2664 S. Redondo Blvd offers a lot of possibilities at an attractive price point.

2664 S Redondo Boulevard, Los Angeles

Listing courtesy of Listing Agent: John Anthony Christopher (John@JohnChristopherGroup.com) from Listing Office: Compass.

$1,195,000
3 Beds ⋅ 3 Baths ⋅ 26943911 MLS
A RARE, FULLY VACANT TWO-RESIDENCE INCOME PROPERTY WITH PROJECTED COMBINED RENT OF APPROXIMATELY $7,390 PER MONTH. No existing tenants, no existing leases, and no waiting for units to become available. The next owner can select tenants, establish rents, and put both residences to work immediately. Offered at $1,195,000 with projected annual gross income of approximately $88,680, the investment calculates to a 13.48 pro forma GRM and an estimated 5.2% pro forma cap rate based on projected rents and expenses. The property combines a substantially renovated 2-bedroom, 2-bath main residence with a permitted, NEW-CONSTRUCTION 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also features a former third bedroom with a closet, now configured as a flexible work, office, den, or podcasting space, an especially useful feature for today's work-from-home lifestyle. Major improvements include plumbing, electrical, HVAC, sewer to ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Projected rents are approximately $4,895/month for the main residence and $2,495/month for the ADU. The seller may be willing to install utility submetering as negotiated with the buyer. Additional features include a private swimming pool, multiple outdoor areas, and off-street parking for up to three vehicles. For an investor, this is an opportunity to acquire two improved residences completely vacant and establish a rental program from a clean slate. For an eligible owner-occupant, the property may also offer the opportunity to live in one residence, rent the other, and explore low-down-payment FHA or VA financing, with qualifying ADU income potentially considered by the lender, subject to applicable program requirements. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only and should be independently verified by the buyer and their agent.

7530 & 7532 Gaviota Ave, Los Angeles

Courtesy of Epique Realty, Roddy de la Garza - CA DRE#01995374

$1,550,000
10 Beds ⋅ 10 Baths ⋅ 26938421 MLS
Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% below market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated near USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, major retail corridors, and convenient access to the 110 Freeway, the location offers a deep and stable renter pool. This is a rare opportunity to acquire a well-maintained multifamily asset with proven operational improvements, rental upside, and long-term growth potential in one of Los Angeles' most active rental markets.

536 W 48th St, Los Angeles

Courtesy of Equity Union, Joshua Yeager - CA DRE#01979446

$1,499,000
9 Beds ⋅ 6 Baths ⋅ 26970895 MLS
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Avenue, Los Angeles

Listing courtesy of Listing Agent: Max Lee (Hellomaxlee@gmail.com) from Listing Office: Real Broker.

$2,400,000
PW26193701 MLS
Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property is surrounded by ongoing new development. Nearby comparable sales have traded at approximately $3,100,000 and $3,700,000, providing additional context for the property's long-term value potential. The property features an attractive unit mix consisting of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit. Spacious layouts range from approximately 1,000 to 1,400 square feet, with the 4-bedroom unit offering the largest living space. The property totals approximately 5,263 square feet on a 7,000-square-foot lot, providing scale and strong rental appeal. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles’ most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA’s most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility. The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool. With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.

4812 Saturn Street, Los Angeles

Listing courtesy of Listing Agent: Azucena Carrillo (azu@soldbyazu.com) from Listing Office: Circle Real Estate.

$1,000,000
8 Beds ⋅ 8 Baths ⋅ 26969467 MLS
We are pleased to present 1433 E 61st Street, an 8 unit multifamily investment opportunity in South Los Angeles. The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957.The building is configured entirely as 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. The building consists of a two story, wood frame structure with gas and electricity separately metered by unit, allowing utility expenses to be passed through to tenants and simplifying ownership. The property offers 7 open parking spaces located at the rear of the building, a meaningful amenity for tenants and a point of differentiation in the submarket. Interior unit features include vinyl plank flooring in the living room, tile flooring in the kitchen, and a wall heater. Bathrooms have been improved with new tile surround at the tub and a new vanity, while kitchens remain in original condition, presenting a clear value add opportunity for a future ownership group. At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. With approximately 18.07% rental upside to market, an investor can achieve a pro forma cap rate of 9.93% and a 6.18 GRM through targeted renovation and lease up to market rents. This presents a rare opportunity to acquire a stabilized, income producing asset in South Los Angeles with straightforward value add potential through kitchen renovations and rent growth to market levels.

1433 E 61st Street, Los Angeles

Listing courtesy of Listing Agent: Neema Ahadian (neema@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$1,195,000
3 Beds ⋅ 3 Baths ⋅ 26943911 MLS
A RARE, FULLY VACANT TWO-RESIDENCE INCOME PROPERTY WITH PROJECTED COMBINED RENT OF APPROXIMATELY $7,390 PER MONTH. No existing tenants, no existing leases, and no waiting for units to become available. The next owner can select tenants, establish rents, and put both residences to work immediately. Offered at $1,195,000 with projected annual gross income of approximately $88,680, the investment calculates to a 13.48 pro forma GRM and an estimated 5.2% pro forma cap rate based on projected rents and expenses. The property combines a substantially renovated 2-bedroom, 2-bath main residence with a permitted, NEW-CONSTRUCTION 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also features a former third bedroom with a closet, now configured as a flexible work, office, den, or podcasting space, an especially useful feature for today's work-from-home lifestyle. Major improvements include plumbing, electrical, HVAC, sewer to ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Projected rents are approximately $4,895/month for the main residence and $2,495/month for the ADU. The seller may be willing to install utility submetering as negotiated with the buyer. Additional features include a private swimming pool, multiple outdoor areas, and off-street parking for up to three vehicles. For an investor, this is an opportunity to acquire two improved residences completely vacant and establish a rental program from a clean slate. For an eligible owner-occupant, the property may also offer the opportunity to live in one residence, rent the other, and explore low-down-payment FHA or VA financing, with qualifying ADU income potentially considered by the lender, subject to applicable program requirements. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only and should be independently verified by the buyer and their agent.

7530 & 7532 Gaviota Avenue, Los Angeles

Listing courtesy of Listing Agent: Roddy de la Garza (roddy@roddydelagarza.com) from Listing Office: Epique Realty.

$1,050,000
8 Beds ⋅ 5 Baths ⋅ 26959483 MLS
We are pleased to present a rare opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment located in the highly sought-after DPS Patrol Zone, just blocks from the University of Southern California (USC). This single-story wood frame and stucco building sits on a raised foundation, offering 2,597 SF of living space on a generous 7,430 SF lot. The property is fully occupied by USC students and currently generates $7,743/month in income, with approximately 50% upside in potential rents. The front single-family residence features 5 bedrooms and 3 bathrooms, generating $5,500/month in income. This home has undergone a complete, high-end remodel with over $150,000 in capital improvements-delivering a true turn-key investment. From the sleek, modern kitchen and designer bathrooms to the upgraded flooring, windows, systems, and fixtures, every detail has been thoughtfully executed for lasting appeal and minimal deferred maintenance. Two detached units at the rear of the lot round out the offering: a 1-bedroom, 1-bathroom unit ($975/month) and a 2-bedroom, 1-bathroom unit ($1,268/month). Priced at a strong current 7% cap rate, this is an exceptional cash-flowing investment with significant rent growth potential in one of USC's most in-demand rental submarkets-a compelling opportunity for investors seeking stable income today and meaningful upside tomorrow.

1475 W 28th St, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Davis Saadian - CA DRE#01921748

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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.

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