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$2,195,000
5 Beds ⋅ 5 Baths ⋅ 26873127 MLS
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

4149 Melrose Avenue, Los Angeles

Listing courtesy of Listing Agent: Christopher Furstenberg (chrisfurstenberg@gmail.com) from Listing Office: Nourmand & Associates-HW.

$1,550,000
SB26182215 MLS
An extraordinary opportunity awaits in the highly desirable Westchester neighborhood of West Los Angeles. Ideally suited for an owner-operator, first time investor, or developer. This four-unit apartment property combines immediate income potential with significant opportunities to potentially enhance future value with ADU's or additional units. Exceptional Owner-User & Investment Opportunity. The property consists of four one-bedroom, one-bath units. Individual front doors and rear entrances into the kitchens add convenience and privacy for residents. Thoughtful property improvements include sound-reducing dual-pane windows, sound-reducing front and rear exterior doors, refreshed interiors, attractive landscaping, a dedicated laundry facility, and four enclosed single-car garages with overhead door openers. For investors and developers seeking additional upside, the property may also offer potential for the addition or conversion of ADUs, subject to applicable state and local laws, zoning, approvals, and feasibility. The existing garages and property configuration create an intriguing opportunity to explore ways to further maximize the site’s income-producing potential. Westchester continues to benefit from its strong demographics, high rental demand, and exceptional location. The surrounding community offers convenient access to major employment centers, educational institutions, recreation, shopping, dining, transportation corridors, and the greater Westside. For the owner-user or investor looking to establish a foothold in one of West Los Angeles’ most desirable and strategically located communities, this fourplex presents an exceptional opportunity to create both immediate and long-term value.

5734 Morley, Los Angeles

Listing courtesy of Listing Agent: Ann Michele Brown (michelebrown@kw.com) from Listing Office: Keller Williams Realty.

$1,025,000
10 Beds ⋅ 5 Baths ⋅ 26874205 MLS
BRC Advisors is please to offer 837 W. 85th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90044. The property offers an attractive and diversified unit mix consisting of one four-bedroom, two-bathroom single-family residence, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units. The improvements total approximately 3,896 rentable square feet and are situated on an approximately 5,003-square-foot lot. The property also provides ample on-site parking for residents. Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds along with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Offered at $1,025,000, the property represents a stable, income-producing investment opportunity with an attractive 7.71 gross rent multiplier and a 7.98% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include the installation of a new roof in 2023, and three of the five units have been remodeled. The property has also received its required SB 721 balcony and exterior elevated-element clearance, reducing near term capital exposure for a new owner. With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 837 W. 85th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

837 W 85th St, Los Angeles

Courtesy of BRC Advisors- BH, Sam Grayeli - CA DRE#01299288

$795,000
8 Beds ⋅ 5 Baths ⋅ 26873937 MLS
We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, with a combined price of $1.995M), an 11-unit multifamily community, offered at an 8.15GRM and an 8.29% cap rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of 7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA,(2)2BD+1BA and (6)1BD+1BA units which sit on a combined 16,218 square foot LAC2 zoned double corner lot with a total of 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919totaling 2,911 rentable square feet with the (2)3BD+1BA and (1)2BD+2BA units where as the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, by utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER.

4701 S Figueroa St, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

$1,995,000
18 Beds ⋅ 12 Baths ⋅ 26873835 MLS
We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, $1.995M asking price), an 11-unit multifamily community, offered at an 8.15 GRM and an 8.29% CAP Rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of +/-7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA, (2)2BD+1BA and (6)1BD+1BA units which sit on a combined +/-16,218 square foot LAC2 zoned double corner lot with a total of +/- 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919 totaling 2,911 retable square feet with the (2)3BD+1BA and (1)2BD+2BA units whereas the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, but utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER WITH A COMBINED ASKING PRICE OF $1.995M.

4709 S Figueroa St, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

$1,025,000
10 Beds ⋅ 5 Baths ⋅ 26874205 MLS
BRC Advisors is please to offer 837 W. 85th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90044. The property offers an attractive and diversified unit mix consisting of one four-bedroom, two-bathroom single-family residence, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units. The improvements total approximately 3,896 rentable square feet and are situated on an approximately 5,003-square-foot lot. The property also provides ample on-site parking for residents. Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds along with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Offered at $1,025,000, the property represents a stable, income-producing investment opportunity with an attractive 7.71 gross rent multiplier and a 7.98% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include the installation of a new roof in 2023, and three of the five units have been remodeled. The property has also received its required SB 721 balcony and exterior elevated-element clearance, reducing near term capital exposure for a new owner. With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 837 W. 85th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

837 W 85th Street, Los Angeles

Listing courtesy of Listing Agent: Sam Grayeli (sgrayeli@brcadvisors.com) from Listing Office: BRC Advisors- BH.

$1,995,000
18 Beds ⋅ 12 Baths ⋅ 26873835 MLS
We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, $1.995M asking price), an 11-unit multifamily community, offered at an 8.15 GRM and an 8.29% CAP Rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of +/-7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA, (2)2BD+1BA and (6)1BD+1BA units which sit on a combined +/-16,218 square foot LAC2 zoned double corner lot with a total of +/- 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919 totaling 2,911 retable square feet with the (2)3BD+1BA and (1)2BD+2BA units whereas the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, but utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER WITH A COMBINED ASKING PRICE OF $1.995M.

4709 S Figueroa Street, Los Angeles

Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$795,000
8 Beds ⋅ 5 Baths ⋅ 26873937 MLS
We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, with a combined price of $1.995M), an 11-unit multifamily community, offered at an 8.15GRM and an 8.29% cap rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of 7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA,(2)2BD+1BA and (6)1BD+1BA units which sit on a combined 16,218 square foot LAC2 zoned double corner lot with a total of 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919totaling 2,911 rentable square feet with the (2)3BD+1BA and (1)2BD+2BA units where as the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, by utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER.

4701 S Figueroa Street, Los Angeles

Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$1,150,000
MB26180974 MLS
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

Listing courtesy of Listing Agent: CYNTHIA RODRIGUEZ (BROKERCYNTHIARODRIGUEZ@GMAIL.COM) from Listing Office: CITY LIGHTS REALTY.

$800,000
GD26175991 MLS
Prime Westlake Multi-Family Asset – Turnkey Triplex with Value-Add Potential Exceptional investment opportunity located at 2006 W 12th Street in the high-demand Westlake area of Los Angeles, presenting a strategic addition to any real estate portfolio. Positioned just minutes from Downtown Los Angeles (DTLA), the property offers unprecedented proximity to premier regional hubs, including The Vermont Shopping Center, the Los Angeles Memorial Sports Arena, the historic Bradbury Building, and the world-renowned Walt Disney Concert Hall. This high-visibility location ensures consistent tenant demand, facilitated by immediate access to the 110 Freeway and essential local infrastructure like the municipal fire and police departments. This property is composed of two buildings. A two-story building in the front and a single-story unit in the back. Units are in normal condition with a six-car parking area. Unit 1 (2006 A) has 749 sq ft living space with laminated flooring, 1 bedroom, and part of the living space has been used as another bedroom, 1 bathroom remodeled with a walk-in shower, kitchen was remodeled with a granite countertop, and new refreshed cabinets. Unit 2 (2006B) is located on the 2nd level with access from the front and back of the property, 749 sq ft living space, 1 bedroom, 1 bathroom, kitchen, and laundry room. Unit 3 ( 2006 1/2 ) is located in the rear with 668 sq ft living space, 2 bedrooms, 1 bathroom, a kitchen, and a living room with laminated flooring. The property was painted, new roof, new gutters, new water heaters, and copper plumbing added years ago; it was built in 1920, with a total of 2166 sq ft living space, 6083 sq ft lot, RD1.5-HPOZ zoning, and APN 5136-023-003.

2006 12th Unit 3, Los Angeles

Listing courtesy of Listing Agent: Ramiro Hernandez (ramiro4035@sbcglobal.net) from Listing Office: Prospect 4 Realty.

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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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