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$2,000,000
9 Beds 6 Baths 26866219 MLS
Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..

926 S Normandie Avenue, Los Angeles

Listing courtesy of Listing Agent: Leonard Lee (leonard@propadvisorsgroup.com) from Listing Office: Property Advisors Group, Inc.

$2,750,000
14 Beds 14 Baths 26866393 MLS
FIRST TIME ON THE MARKET IN OVER 20 YEARS! Exclusive 8-Unit Apartment Building in the Heart of Silver Lake. Rare opportunity to acquire a beautifully maintained 8-unit apartment building in one of Los Angeles' most sought-after rental markets, Silver Lake. This exceptional income-producing asset generates nearly $19,000 per month in gross rental income, offering investors immediate cash flow with additional upside potential. This charming Streamlined Moderne-style building exudes character and architectural appeal while blending timeless design with thoughtful renovations. Several units have been tastefully upgraded with modern finishes, including beautiful Spanish tile flooring, enhancing tenant appeal while reducing future capital expenditures. The upper units boast dramatic 20-foot ceilings, multiple private balconies, abundant skylights, and an incredible amount of natural light, creating bright and spacious living environments. Select units also feature breathtaking panoramic views of the Silver Lake Reservoir, the surrounding mountains, and the iconic Griffith Observatory. The property is fully gated, providing residents with privacy, security, and peace of mind.The property presents an attractive combination of stable income and future value-add potential, making it an ideal investment for both seasoned multifamily investors and those looking to expand their portfolio in one of Los Angeles' strongest rental markets.Prime Silver Lake Location: Situated in the vibrant heart of Silver Lake, residents enjoy an unbeatable lifestyle within walking distance of the scenic Silver Lake Reservoir, surrounding parks, the popular dog park, Whole Foods, and an outstanding collection of acclaimed restaurants, trendy cafes, wine bars, and boutique shopping. The property is centrally located just minutes from the 5 and 2 Freeways, providing convenient access throughout Los Angeles. Residents are only a 1015 minute drive from Los Feliz, Hollywood, Downtown Los Angeles, Echo Park, Eagle Rock, Pasadena, and many of the city's most vibrant neighborhoods. With its exceptional architectural charm, strong rental income, upgraded units, panoramic reservoir views, gated setting, and one of the best locations in Silver Lake, this is a rare opportunity to acquire a premier multifamily asset in one of Los Angeles' most desirable and continually appreciating neighborhoods.

2305 Glendale Boulevard, Los Angeles

Listing courtesy of Listing Agent: Laura Meldere (Laurameldere@gmail.com) from Listing Office: Beverly & Company Luxury Properties.

$1,695,000
SB26158934 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—a one-bedroom residence on the lower level and 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. There are also plans that have been submitted and are currently awaiting approval for an ADU layout involving a second-floor and roof deck conversion. The submitted plans illustrate the current downstairs floor plan along with a proposed upstairs conversion to create an additional 3-bedroom, 3-bath ADU with roof deck and separate access from a rear balcony (buyer to verify status and requirements). This presents a compelling opportunity for expanded living space or additional income potential. 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.

135 N Vendome Street, Los Angeles

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

$699,000
4 Beds 3 Baths 26866291 MLS
986 East 51st is a charming Craftsman-influenced California bungalow duplex in South LA, offered at $749,000 with one unit delivered vacant. Built in 1912, the property totals approx. 1,937 SF and is comprised of a downstairs 3-bdrm./2-bath residence and a separate upstairs 1-bdrm./1-bath unit. The property has the warmth and scale of an early LA bungalow, with a covered front porch, gabled roofline, wood-sided exterior, mature landscaping, and a residential feel that gives it more character than a typical duplex. The downstairs 3-bdrm./2-bath unit has been updated with wood-style flooring, kitchen cabinetry, granite countertops, tile flooring in the kitchen, updated bathroom fixtures, and central A/C. The upstairs 1-bdrm. unit has also been updated and is vacant, giving a buyer the ability to move in, lease it at market rent, or decide how they want the property to work for them from day one. A rear carport, on-site parking area, and private yard space add everyday functionality for tenants or an owner-user. Located near Central Ave, Avalon Blvd, Vernon Ave, and the 110 Freeway, 986 East 51st Street sits within a South Los Angeles neighborhood setting with access to local retail, transit corridors, and major city anchors. The property is also approx. 3 miles east of USC, Exposition Park, USC Village, BMO Stadium, the LA Memorial Coliseum, The Shrine Auditorium, and nearby museums and public spaces. 986 East 51st Street offers a character-rich duplex with immediate flexibility, giving buyers a practical entry point into real estate ownership and long-term portfolio building.

986 E 51st Street, Los Angeles

Listing courtesy of Listing Agent: Max Berger (max.berger@compass.com) from Listing Office: Compass.

$3,225,000
14 Beds 14 Baths 26866033 MLS
We are pleased to present 1900 Dracena Drive, an eight-unit apartment community ideally located in the heart of Los Feliz, one of Los Angeles' most sought-after rental neighborhoods. Situated on the prominent corner of Dracena Drive and Franklin Avenue, the property offers exceptional curb appeal with classic mid-century architecture, mature landscaping, and an attractive street presence. Built in 1965, the property features an excellent unit mix of six (6) two-bedroom, two-bath apartments and two (2) one-bedroom, one-bath apartments, appealing to a broad tenant base seeking larger floor plans in a premier location. The units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently the property is 100% occupied. Recent improvements include a new unit electrical subpanel and service panel with plumbing and roof upgrades, providing investors with updated infrastructure improvements while offering additional value-add potential through continued interior renovations The property includes eight gated parking spaces, an on-site laundry facility, and additional storage which enhances tenant's convenience. Ideally positioned just moments from the vibrant Hillhurst Avenue and Vermont Avenue shopping and dining districts, residents enjoy immediate access to Los Feliz's renowned restaurants, cafes, boutiques, and entertainment. Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are all within minutes, making this an exceptionally desirable rental location with consistently strong demand.1900 Dracena Drive represents an outstanding opportunity to acquire an apartment asset in one of Los Angeles' most established and supply-constrained neighborhoods, offering stable in-place income with continued upside

1900 Dracena Dr, Los Angeles

Courtesy of Compass, D. Timothy Byrne - CA DRE#01186465

$3,950,000
21 Beds 21 Baths 26866043 MLS
We are pleased to present 720 S Plymouth Boulevard, a 17-unit multifamily investment opportunity located in the Hancock Park-adjacent area of Los Angeles. Built in 1955, the property spans approximately 14,410square feet on a 13,004 SF lot. An attractive unit mix of one single, twelve one-bedrooms, and four two-bedrooms/1.5-bath appeals to a wide range of renter profiles. The property offers a gated entrance with an intercom system and subterranean parking featuring 16 single spaces, a strong amenity for the submarket. A spacious central courtyard provides common areas for tenants, anchoring the property's overall livability and curb appeal. Interior walkways present the potential to be converted into private patios and balconies offering a future owner a value-add opportunity to enhance unit appeal. Additionally, upside may be pursued by converting the existing basement storage into an ADU (buyer to verify).Units are cooled by a combination of window and wall AC units, and the property is separately metered for gas and electric. On-site community laundry, equipped with two washers and two dryers, generates in-place ancillary income, with notable additional upside available through renting out more storage to tenants. Offered at $3,950,000 ($232,353/unit, $274/SF), reflecting a 5.84% current cap rate and9.82 GRM on in-place income. Windsor Village offers investors a rare opportunity to acquire in one of Los Angeles' most architecturally distinct and historically intact residential districts. With clearly defined boundaries and a strong neighborhood identity anchored by Harold A. Henry Park, the submarket combines timeless appeal with proven long-term desirability.

720 S Plymouth Blvd, Los Angeles

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

$1,299,000
4 Beds 3 Baths 26865249 MLS
Rarely does a California Bungalow compound like this come to market in the heart of Picfair Village. Delivered completely vacant and situated on an R2-zoned lot, the property offers three distinct living spaces: a charming front residence with 1 bedroom plus a loft and 1.5 baths, an attached guest studio with a full bath and Junior ADU potential, and a detached 1-bedroom, 1-bath ADU (permitted as a duplex unit). The front house and guest studio are part of what was one large home (permitted as one unit). If you desire a larger home, all that has to be done is reconnect the two spaces with the removal of a wall that separates them or keep it the same and convert to Jr ADU. The floorplan explains it well. Whether envisioned as an owner-occupied income property, a multigenerational retreat, or a collection of private spaces for living and working, this property offers a level of flexibility that is increasingly difficult to find. Leave the sidewalk behind and follow the garden path through professionally designed landscaping, where fragrant French lavender and Mediterranean-inspired plantings create a welcoming sense of arrival. Elevated above the street, the covered front porch is the kind of place where an extra cup of coffee turns into an hour and one last conversation keeps you lingering long after the sun goes down. Step inside and you will immediately notice what makes the home so enduring: the warmth, the natural light, and rooms that simply feel good to be in. Sunlight pours through the windows, hardwood floors add richness underfoot, and designer-selected paint colors complement the home's original character. A fossiliferous limestone fireplace anchors the living room with texture and timeless appeal, creating a space equally suited for lively gatherings or quiet evenings at home. It is easy to see why the kitchen becomes the heart of the house. A generous center island invites conversation while meals are prepared, complemented by quartz countertops, abundant cabinetry, a pantry, and a sunny breakfast nook that is just as inviting for a quick weekday breakfast as it is for lingering over coffee on a Sunday morning. The attached guest studio provides a private living and sleeping area with a full bath, offering flexibility for extended family, overnight guests, a creative studio, or a home office. With Junior ADU potential, it presents an additional opportunity for the next owner to explore. A stroll through the garden leads to the detached rear ADU (permitted as a duplex unit), where a private patio wrapped in blooming star jasmine feels like a hidden retreat. Complete with 1 bedroom, a full bath, and its own kitchen, it is equally suited for guests, tenants, or a peaceful work-from-home environment. The 2-car garage includes a dedicated laundry area serving both the attached studio and rear ADU. What truly sets this home apart is the neighborhood surrounding it. Walk to Bloom Cafe, Mad Lab Coffee, and Joe's Pizza, gather with neighbors for the beloved annual Pumpkin Race, and become part of one of Los Angeles' most welcoming communities. Centrally located with convenient access to Beverly Hills, Culver City, West Hollywood, Downtown Los Angeles, and LAX, this is a rare opportunity to own a property that offers character, flexibility, and a true sense of place. More than a place to live, it is a place to put down roots, build memories, and enjoy the very best of Picfair Village. A timeless home thoughtfully designed for the way we live today. Back on market at no fault of seller. Buyer backed out two days before close of escrow with all buyer contingencies removed.

1561 Carmona Ave, Los Angeles

Courtesy of Compass, Monique Carrabba - CA DRE#01708376

$3,225,000
14 Beds 14 Baths 26866033 MLS
We are pleased to present 1900 Dracena Drive, an eight-unit apartment community ideally located in the heart of Los Feliz, one of Los Angeles' most sought-after rental neighborhoods. Situated on the prominent corner of Dracena Drive and Franklin Avenue, the property offers exceptional curb appeal with classic mid-century architecture, mature landscaping, and an attractive street presence. Built in 1965, the property features an excellent unit mix of six (6) two-bedroom, two-bath apartments and two (2) one-bedroom, one-bath apartments, appealing to a broad tenant base seeking larger floor plans in a premier location. The units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently the property is 100% occupied. Recent improvements include a new unit electrical subpanel and service panel with plumbing and roof upgrades, providing investors with updated infrastructure improvements while offering additional value-add potential through continued interior renovations The property includes eight gated parking spaces, an on-site laundry facility, and additional storage which enhances tenant's convenience. Ideally positioned just moments from the vibrant Hillhurst Avenue and Vermont Avenue shopping and dining districts, residents enjoy immediate access to Los Feliz's renowned restaurants, cafes, boutiques, and entertainment. Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are all within minutes, making this an exceptionally desirable rental location with consistently strong demand.1900 Dracena Drive represents an outstanding opportunity to acquire an apartment asset in one of Los Angeles' most established and supply-constrained neighborhoods, offering stable in-place income with continued upside

1900 Dracena Drive, Los Angeles

Listing courtesy of Listing Agent: D. Timothy Byrne (tim.byrne@compass.com) from Listing Office: Compass.

$3,950,000
21 Beds 21 Baths 26866043 MLS
We are pleased to present 720 S Plymouth Boulevard, a 17-unit multifamily investment opportunity located in the Hancock Park-adjacent area of Los Angeles. Built in 1955, the property spans approximately 14,410square feet on a 13,004 SF lot. An attractive unit mix of one single, twelve one-bedrooms, and four two-bedrooms/1.5-bath appeals to a wide range of renter profiles. The property offers a gated entrance with an intercom system and subterranean parking featuring 16 single spaces, a strong amenity for the submarket. A spacious central courtyard provides common areas for tenants, anchoring the property's overall livability and curb appeal. Interior walkways present the potential to be converted into private patios and balconies offering a future owner a value-add opportunity to enhance unit appeal. Additionally, upside may be pursued by converting the existing basement storage into an ADU (buyer to verify).Units are cooled by a combination of window and wall AC units, and the property is separately metered for gas and electric. On-site community laundry, equipped with two washers and two dryers, generates in-place ancillary income, with notable additional upside available through renting out more storage to tenants. Offered at $3,950,000 ($232,353/unit, $274/SF), reflecting a 5.84% current cap rate and9.82 GRM on in-place income. Windsor Village offers investors a rare opportunity to acquire in one of Los Angeles' most architecturally distinct and historically intact residential districts. With clearly defined boundaries and a strong neighborhood identity anchored by Harold A. Henry Park, the submarket combines timeless appeal with proven long-term desirability.

720 S Plymouth Boulevard, Los Angeles

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

$1,299,000
4 Beds 3 Baths 26865249 MLS
Rarely does a California Bungalow compound like this come to market in the heart of Picfair Village. Delivered completely vacant and situated on an R2-zoned lot, the property offers three distinct living spaces: a charming front residence with 1 bedroom plus a loft and 1.5 baths, an attached guest studio with a full bath and Junior ADU potential, and a detached 1-bedroom, 1-bath ADU (permitted as a duplex unit). The front house and guest studio are part of what was one large home (permitted as one unit). If you desire a larger home, all that has to be done is reconnect the two spaces with the removal of a wall that separates them or keep it the same and convert to Jr ADU. The floorplan explains it well. Whether envisioned as an owner-occupied income property, a multigenerational retreat, or a collection of private spaces for living and working, this property offers a level of flexibility that is increasingly difficult to find. Leave the sidewalk behind and follow the garden path through professionally designed landscaping, where fragrant French lavender and Mediterranean-inspired plantings create a welcoming sense of arrival. Elevated above the street, the covered front porch is the kind of place where an extra cup of coffee turns into an hour and one last conversation keeps you lingering long after the sun goes down. Step inside and you will immediately notice what makes the home so enduring: the warmth, the natural light, and rooms that simply feel good to be in. Sunlight pours through the windows, hardwood floors add richness underfoot, and designer-selected paint colors complement the home's original character. A fossiliferous limestone fireplace anchors the living room with texture and timeless appeal, creating a space equally suited for lively gatherings or quiet evenings at home. It is easy to see why the kitchen becomes the heart of the house. A generous center island invites conversation while meals are prepared, complemented by quartz countertops, abundant cabinetry, a pantry, and a sunny breakfast nook that is just as inviting for a quick weekday breakfast as it is for lingering over coffee on a Sunday morning. The attached guest studio provides a private living and sleeping area with a full bath, offering flexibility for extended family, overnight guests, a creative studio, or a home office. With Junior ADU potential, it presents an additional opportunity for the next owner to explore. A stroll through the garden leads to the detached rear ADU (permitted as a duplex unit), where a private patio wrapped in blooming star jasmine feels like a hidden retreat. Complete with 1 bedroom, a full bath, and its own kitchen, it is equally suited for guests, tenants, or a peaceful work-from-home environment. The 2-car garage includes a dedicated laundry area serving both the attached studio and rear ADU. What truly sets this home apart is the neighborhood surrounding it. Walk to Bloom Cafe, Mad Lab Coffee, and Joe's Pizza, gather with neighbors for the beloved annual Pumpkin Race, and become part of one of Los Angeles' most welcoming communities. Centrally located with convenient access to Beverly Hills, Culver City, West Hollywood, Downtown Los Angeles, and LAX, this is a rare opportunity to own a property that offers character, flexibility, and a true sense of place. More than a place to live, it is a place to put down roots, build memories, and enjoy the very best of Picfair Village. A timeless home thoughtfully designed for the way we live today. Back on market at no fault of seller. Buyer backed out two days before close of escrow with all buyer contingencies removed.

1561 Carmona Avenue, Los Angeles

Listing courtesy of Listing Agent: Monique Carrabba (monique@carrabbagroup.com) from Listing Office: Compass.

$3,495,000
BB26165783 MLS
6700 Balboa Blvd is a massive, brand new construction 5-unit luxury townhome community in the heart of Lake Balboa. Just steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED! Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low vacancy.This trophy asset offers striking curb appeal on a rapidly evolving street and is fully leased at a strong 5.67% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,524–1,721 SF) features 4 bedrooms with en-suite baths, expansive living areas, and high-end designer finishes throughout. Interiors include open-concept kitchens with oversized islands, modern cabinetry, stainless steel appliances, high ceilings, large closets, and spacious balconies off both living areas and bedrooms. Additional features include drought-tolerant landscaping, abundant natural light, and private garage parking accessed via a rear alley (preferred by tenants). The property is separately metered for all utilities keeping utility expenses at zero. Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained, high-demand Valley submarket.

6700 Balboa, Los Angeles

Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..

$2,289,000
5 Beds 4 Baths 26864945 MLS
A rare opportunity to acquire a beautifully renovated triplex in the heart of one of Venice Beach's most coveted and walkable neighborhoods. Perfectly positioned just moments from the Venice Canals, Abbot Kinney Boulevard, the Boardwalk, and the beach, this turnkey property offers an exceptional opportunity for investors, owner-users, or those seeking a premier income-producing asset in one of Los Angeles' most desirable coastal communities. Recently reimagined throughout, the triplex consists of a spacious 2-bedroom, 1-bath front residence and two thoughtfully designed 1-bedroom, 1-bath rear residences, each showcasing contemporary finishes and modern conveniences. Bright interiors are enhanced by skylights, beautiful water-resistant laminate flooring, and well-appointed kitchens featuring stainless steel appliances. Every residence includes an in-unit washer and dryer, while sound-insulated living areas provide added comfort and privacy. French doors extend each bedroom to inviting outdoor patio spaces, creating a seamless indoor-outdoor lifestyle synonymous with Venice living.The rear residence at 2341 Beach Ave also includes a private garage, offering valuable flexibility as secure parking, additional storage, or the potential for a home office, gym, or creative studio. Whether you're looking to maximize rental income, occupy one residence while leasing the others, or add a turnkey asset to your portfolio, 2341 Beach Ave presents an exceptional opportunity in an unbeatable Venice location. Just blocks from world-class dining, shopping, entertainment, and the Pacific Ocean, this is coastal investment living at its finest.

2341 Beach Ave, Los Angeles

Courtesy of Carolwood Estates, Bjorn Farrugia - CA DRE#01864250

$4,150,000
20 Beds 19 Baths 26864749 MLS
We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity underpins consistently strong tenant demand, premium rents, faster lease-up, and durable long-term occupancy. The property totals approximately 8,344 gross square feet on an 11,770-square-foot lot. The front eight-bedroom, seven-bath residence was completely rebuilt in 2014 with new plumbing, electrical, HVAC, windows, recessed lighting, and modern systems throughout. Complementing it are four newly constructed three-bedroom, three-bath townhomes, each with contemporary finishes and in-unit laundry a low-maintenance asset with significant new-construction value. Offered at $4,150,000 approximately $497 per square foot and $207,500 per bed the property delivers a 7.09% cap rate and 10.29 gross rent multiplier on income that is already fully pre-leased for the 2026-2027 academic year. Annual in-place rental income of approximately $403,244 closely aligns with estimated market rents, giving ownership stable, predictable cash flow from day one without relying on future lease-up assumptions or value-add execution. USC remains one of Los Angeles' strongest and most resilient demand drivers, with roughly 65% of students living in privately owned off-campus housing due to limited university supply. Residents on this side of campus enjoy fast access to USC, USC Village, libraries, dining, fitness facilities, and everyday retail a durable renter base that has proven resilient through changing market conditions. Continued investment in enrollment and campus expansion is expected to further increase demand for quality off-campus housing, reinforcing long-term occupancy and rental growth. The substantial new-construction component also provides meaningful tax planning opportunities. Under current federal legislation restoring 100% bonus depreciation, buyers may utilize a cost segregation study to accelerate depreciation on qualifying components, potentially generating significant first-year deductions and enhancing after-tax returns.

2647 Ellendale Pl, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Benjamin Lee - CA DRE#02123715

$4,700,000
30 Beds 30 Baths 26865467 MLS
We are pleased to present 1041 S Corning Street, a15-unit (plus one non-conforming single unit) multifamily investment opportunity, located in the coveted Pico Robertson neighborhood. The property sits west of La Cienega Boulevard just south of Olympic Boulevard, a few blocks from Beverly Hills. Built in 1962, the property spans approximately 16,234 SF on a 12,270 SF lot. Offered at $4,700,000 ($313,333/unit, $289.52/SF), reflecting a 5.50% current cap rate and 10.48GRM on in-place income. A diverse unit mix of two one-bedroom units, twelve two-bedroom/two-bath units, one three-bedroom/three-bath unit, and one single, non-conforming unit caters to a wide range of renter profiles. caters to a wide range of renter profiles. The property offers a gated entrance with an intercom system, along with a gated parking garage, providing tenants with a secure, controlled-access living environment. Private balconies are featured on the front and rear of the property add livability and appeal relative to competing product. The property is separately metered for gas and electric. Approximately 9 units have been remodeled with select units featuring new AC Systems. On-site community laundry, equipped with two washers and two dryers. The property offers 16 parking spaces, a notable amenity in the submarket that supports tenant demand and provides the new owner with upside potential through increased parking revenue. The property has experienced healthy natural turnover with limited legacy tenancy, supporting a faster path to market rents for a new owner. Situated in a high-demand, competitive rental submarket just below Olympic Boulevard and west of La Cienega, the property benefits from strong and consistent tenant demand. Several new construction developments along the block signal continued investment and reinvestment in the immediate area, reinforcing long-term value in the location. Pico Robertson remains a tightly held, highly desirable submarket with limited turnover among comparable multifamily assets, offering a rare opportunity to acquire scale just blocks from Beverly Hills.

1041 S Corning St, Los Angeles

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

$2,289,000
5 Beds 4 Baths 26864945 MLS
A rare opportunity to acquire a beautifully renovated triplex in the heart of one of Venice Beach's most coveted and walkable neighborhoods. Perfectly positioned just moments from the Venice Canals, Abbot Kinney Boulevard, the Boardwalk, and the beach, this turnkey property offers an exceptional opportunity for investors, owner-users, or those seeking a premier income-producing asset in one of Los Angeles' most desirable coastal communities. Recently reimagined throughout, the triplex consists of a spacious 2-bedroom, 1-bath front residence and two thoughtfully designed 1-bedroom, 1-bath rear residences, each showcasing contemporary finishes and modern conveniences. Bright interiors are enhanced by skylights, beautiful water-resistant laminate flooring, and well-appointed kitchens featuring stainless steel appliances. Every residence includes an in-unit washer and dryer, while sound-insulated living areas provide added comfort and privacy. French doors extend each bedroom to inviting outdoor patio spaces, creating a seamless indoor-outdoor lifestyle synonymous with Venice living.The rear residence at 2341 Beach Ave also includes a private garage, offering valuable flexibility as secure parking, additional storage, or the potential for a home office, gym, or creative studio. Whether you're looking to maximize rental income, occupy one residence while leasing the others, or add a turnkey asset to your portfolio, 2341 Beach Ave presents an exceptional opportunity in an unbeatable Venice location. Just blocks from world-class dining, shopping, entertainment, and the Pacific Ocean, this is coastal investment living at its finest.

2341 Beach Avenue, Los Angeles

Listing courtesy of Listing Agent: Bjorn Farrugia (bjorn@bjornfarrugia.com) from Listing Office: Carolwood Estates.

$4,875,000
5 Beds 5 Baths 26854555 MLS
Coolidge Haven presents a rare opportunity to acquire a fully furnished luxury residence with an established short-term rental operation and multiple potential revenue streams. The property includes an expansive four-bedroom main residence and a private one-bedroom ADU with a separate entrance and dedicated outdoor space. The configuration allows the main house and ADU to operate independently or together, providing flexibility for short-term stays, extended furnished rentals, corporate housing, owner occupancy, multigenerational living, and guest accommodations. The main residence offers premium custom finishes, open living spaces, a designer kitchen, and a finished basement with 10-foot ceilings, a wet bar, game room, full bathroom, and 150-inch home theater. The property is being offered turnkey with its furnishings and operating infrastructure, allowing a new owner to avoid the substantial cost and time required to furnish, launch, and establish a comparable luxury rental. Under current ownership, the property has developed an operating history, repeat guest demand, and strong guest reviews through professional short-term rental management. The main house currently is getting $950/night and is approx. 70% occupied. The separate ADU provides an additional and comparatively easy-to-manage income source, particularly for business travelers, couples, and extended-stay guests, with approximately 70% occupancy and an average nightly rate of $300. The property also has potential for corporate housing, medium-term rentals, and location-production bookings. Coolidge was intentionally constructed as a high-performance Healthy Home. Building systems include two energy recovery ventilation systems, continuous filtered fresh air, MERV-13 filtration, five-zone heat pump HVAC, an airtight building envelope, high-performance insulation, all-electric appliances and mechanical systems, low and no-VOC materials, and Schluter waterproofing throughout the bathrooms. These features differentiate the property from conventional rental inventory while supporting guest comfort, health, energy efficiency, durability, and long-term asset quality. A detailed investor package is available to qualified buyers and may include historical revenue, occupancy, main-house and ADU performance, operating expenses, furnishings and equipment, guest review history, and an overview of current operations. The sale provides an investor, owner-user, or second-home buyer with the opportunity to acquire a distinctive luxury property that is already furnished, established, and positioned for continued hospitality and furnished-rental use. Buyer to independently verify zoning, licensing, permitting, rental regulations, and the continuation or transferability of any existing rental operations.

4034 Coolidge Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Christina Kim - CA DRE#01431281

$3,065,000
OC26164658 MLS
Located in an Opportunity Zone, 616 N. Mariposa Ave is a brand-new, architecturally striking fourplex that combines luxury design with exceptional long-term investment potential in one of Los Angeles' strongest rental markets. Each thoughtfully designed residence offers 3 spacious bedrooms and 3.5 bathrooms with en-suite baths, custom closet systems, expansive open-concept living areas, and premium designer finishes throughout. Chef's kitchens feature custom white oak cabinetry, under-cabinet lighting, waterfall marble islands with full miter edges, premium stainless steel appliances, and abundant storage. Every unit includes a refrigerator, dishwasher, range, washer and dryer, paid-off solar, EV-ready infrastructure, separate utility metering, smart home technology, Ring security, Nest thermostats, and integrated network wiring. Floor-to-ceiling aluminum windows, multiple private balconies, and exclusive rear yards create an elevated residential experience rarely found in new construction. Unlike many newer developments that sacrifice living space to maximize bedroom count, these homes offer oversized, functional floor plans designed for today's renters. Beyond its exceptional in-place income, the property offers one of the most compelling value-add opportunities available in the market. The existing garage configuration presents the potential to convert both garages into ADUs while maintaining ample on-site parking, increasing the property from 4 to 6 units and expanding the rentable living area to approximately 6,737 square feet. Based on conservative projections, this improvement has the potential to increase the stabilized cap rate from approximately 6.08% to 7.75%, creating substantial additional value and long-term cash flow. The fully enclosed property features custom wrought iron gates with automatic entry, new vinyl fencing, and includes a one-year builder warranty for added peace of mind. This non-rent-control asset offers immediate flexibility for investors seeking either maximum rental income or a premium value-add strategy. Ideally situated just minutes from Larchmont Village, Hollywood, Silver Lake, Koreatown, and major employment centers, 616 N. Mariposa Ave represents a rare opportunity to acquire a trophy-quality new construction asset with significant built-in appreciation potential through future ADU expansion.

616 N Mariposa Ave Avenue, Los Angeles

Listing courtesy of Listing Agent: Drew Dunn (drewdunn25@gmail.com) from Listing Office: Four Brothers Real Estate, Inc..

$1,999,999
SR26163537 MLS
Welcome to **2405 Abbot Kinney Blvd**, an exceptional Venice duplex offering the perfect blend of coastal living, income potential, and an unbeatable location on the world-famous Abbot Kinney Boulevard. This unique property features a spacious **3-bedroom, 2-bathroom main residence** along with a **separate upstairs studio**, creating endless opportunities for an owner-occupant, investor, or those seeking a flexible live/work lifestyle. Behind a secure gated entrance, lush mature landscaping and a private front courtyard provide a warm welcome and set the tone for the peaceful retreat that awaits inside. The light-filled main home showcases a comfortable living room with a cozy fireplace, recessed lighting, hardwood and tile flooring, and an inviting layout designed for everyday living and entertaining. Step outside to discover an incredible private backyard oasis complete with a relaxing spa, built-in projector theater system, and multiple outdoor entertaining spaces perfect for enjoying Southern California's year-round climate. The detached upstairs studio is accessed from the rear patio, offering excellent privacy for guests, tenants, or a home office. Parking is plentiful with a **2-car garage**, an oversized driveway accommodating **two additional vehicles**, and convenient rear access from **Marr Street**. The garage also presents exciting **ADU potential** (buyer to verify), adding even more value and future possibilities. The fully fenced lot extends from Abbot Kinney Boulevard to Marr Street, providing exceptional privacy, security, and accessibility. Whether you're looking to live in one unit while generating rental income, capitalize on Venice's strong short-term or long-term rental demand, or add a premier investment property to your portfolio, **2405 Abbot Kinney Blvd** presents a rare opportunity in one of Los Angeles' most sought-after neighborhoods. Just moments from award-winning restaurants, boutique shopping, art galleries, the beach, and everything that makes Venice one of the most desirable destinations in Southern California, this property truly offers the best of location, lifestyle, and investment potential.

2405 Abbot Kinney, Los Angeles

Listing courtesy of Listing Agent: David Walsh (d.walsh@kw.com) from Listing Office: Keller Williams VIP Properties.

$4,150,000
20 Beds 19 Baths 26864749 MLS
We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity underpins consistently strong tenant demand, premium rents, faster lease-up, and durable long-term occupancy. The property totals approximately 8,344 gross square feet on an 11,770-square-foot lot. The front eight-bedroom, seven-bath residence was completely rebuilt in 2014 with new plumbing, electrical, HVAC, windows, recessed lighting, and modern systems throughout. Complementing it are four newly constructed three-bedroom, three-bath townhomes, each with contemporary finishes and in-unit laundry a low-maintenance asset with significant new-construction value. Offered at $4,150,000 approximately $497 per square foot and $207,500 per bed the property delivers a 7.09% cap rate and 10.29 gross rent multiplier on income that is already fully pre-leased for the 2026-2027 academic year. Annual in-place rental income of approximately $403,244 closely aligns with estimated market rents, giving ownership stable, predictable cash flow from day one without relying on future lease-up assumptions or value-add execution. USC remains one of Los Angeles' strongest and most resilient demand drivers, with roughly 65% of students living in privately owned off-campus housing due to limited university supply. Residents on this side of campus enjoy fast access to USC, USC Village, libraries, dining, fitness facilities, and everyday retail a durable renter base that has proven resilient through changing market conditions. Continued investment in enrollment and campus expansion is expected to further increase demand for quality off-campus housing, reinforcing long-term occupancy and rental growth. The substantial new-construction component also provides meaningful tax planning opportunities. Under current federal legislation restoring 100% bonus depreciation, buyers may utilize a cost segregation study to accelerate depreciation on qualifying components, potentially generating significant first-year deductions and enhancing after-tax returns.

2647 Ellendale Place, Los Angeles

Listing courtesy of Listing Agent: Benjamin Lee (ben.lee@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$549,000
DW26164677 MLS
Rare LARD2 Development Opportunity with a Brand-New Roof in the Heart of Los Angeles! This is your chance to acquire an income-producing duplex (2 Units each 2 bed 1 bath) situated on a 5,400 sq. ft. LARD2-zoned lot in one of Los Angeles' rapidly evolving neighborhoods. A new roof was installed less than one year ago, providing added value and reducing a major future capital expense for the next owner. Whether you're an investor looking to expand your portfolio, a developer seeking future opportunities, or a buyer searching for a property with long-term upside, this exceptional offering checks all the boxes. The existing duplex features two spacious 2-bedroom, 1-bath units with month-to-month tenants, separate electric meters, providing immediate rental income while offering flexibility for future ownership strategies, subject to applicable laws and regulations. Additional improvements include a detached two-car garage and a basement/storage area, creating even more functionality and future possibilities. LARD2-zoned duplex properties on a 5,400 sq. ft. lot with a recently installed roof are becoming increasingly difficult to find. Whether your strategy is to hold for long-term appreciation, enhance the existing asset, or explore future redevelopment opportunities, this property offers exceptional potential. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles. This property will not last call today! Buyer and Buyer's Agents are encouraged to independently inspect, investigate, and verify all information concerning the property, including condition, square footage, lot size, boundaries, zoning, permits, utilities, taxes, assessments, disclosures, and intended use, through their own inspections, professionals, public records, and governmental agencies. Buyer and Buyer's Agent to rely on their own due diligence and not solely on information provided by Seller, Listing Agent, Listing Broker, MLS, or third parties. Buyer acknowledges having had the opportunity to conduct all investigations deemed necessary before completing the purchase. Nothing herein relieves Seller, Listing Agent, or Listing Broker of any disclosure or legal obligations that cannot be waived under California law.

330 W 56TH ST, Los Angeles

Listing courtesy of Listing Agent: Jonathan Hernandez (Jonathan.Your1Realtor@gmail.com) from Listing Office: eXp Realty of Greater L.A.

$4,700,000
30 Beds 30 Baths 26865467 MLS
We are pleased to present 1041 S Corning Street, a15-unit (plus one non-conforming single unit) multifamily investment opportunity, located in the coveted Pico Robertson neighborhood. The property sits west of La Cienega Boulevard just south of Olympic Boulevard, a few blocks from Beverly Hills. Built in 1962, the property spans approximately 16,234 SF on a 12,270 SF lot. Offered at $4,700,000 ($313,333/unit, $289.52/SF), reflecting a 5.50% current cap rate and 10.48GRM on in-place income. A diverse unit mix of two one-bedroom units, twelve two-bedroom/two-bath units, one three-bedroom/three-bath unit, and one single, non-conforming unit caters to a wide range of renter profiles. caters to a wide range of renter profiles. The property offers a gated entrance with an intercom system, along with a gated parking garage, providing tenants with a secure, controlled-access living environment. Private balconies are featured on the front and rear of the property add livability and appeal relative to competing product. The property is separately metered for gas and electric. Approximately 9 units have been remodeled with select units featuring new AC Systems. On-site community laundry, equipped with two washers and two dryers. The property offers 16 parking spaces, a notable amenity in the submarket that supports tenant demand and provides the new owner with upside potential through increased parking revenue. The property has experienced healthy natural turnover with limited legacy tenancy, supporting a faster path to market rents for a new owner. Situated in a high-demand, competitive rental submarket just below Olympic Boulevard and west of La Cienega, the property benefits from strong and consistent tenant demand. Several new construction developments along the block signal continued investment and reinvestment in the immediate area, reinforcing long-term value in the location. Pico Robertson remains a tightly held, highly desirable submarket with limited turnover among comparable multifamily assets, offering a rare opportunity to acquire scale just blocks from Beverly Hills.

1041 S Corning Street, Los Angeles

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

$815,000
DW26162994 MLS
Exceptional Duplex Opportunity – Ideal for Owner-Occupants or Investors! Welcome to this Amazing duplex offering two separate homes on one lot, perfectly designed for multi-generational living or income-producing potential. The front residence features 2 spacious bedrooms and 1 bathroom, highlighted by refinished hardwood floors, an inviting living room with abundant natural light, and a charming decorative fireplace. The updated kitchen includes a cozy dining area and convenient indoor laundry hookups. Privately situated in the rear, the second residence offers 1 bedroom, 1 bathroom, fresh interior finishes, hardwood flooring, and its own attached 2-car garage, providing excellent flexibility for rental income, extended family, or a private home office. The double-car garage is a perfect opportunity for an ADU that could generate a third income. Situated on an approximately 4,952 sq. ft. lot, this property offers ample parking, a shared outdoor space for entertaining or relaxing, and separate entrances for added privacy. Conveniently located near the city of Montebello, with access to shopping, dining, schools, parks, major freeways, and public transportation, this is an outstanding opportunity to own a versatile duplex in a highly accessible East Los Angeles location. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property delivers exceptional value and endless possibilities

6554 E Olympic, Los Angeles

Listing courtesy of Listing Agent: Suhaila Sabir (sabirsuhaila@aol.com) from Listing Office: Excellence RE Real Estate.

$4,875,000
5 Beds 5 Baths 26854555 MLS
Coolidge Haven presents a rare opportunity to acquire a fully furnished luxury residence with an established short-term rental operation and multiple potential revenue streams. The property includes an expansive four-bedroom main residence and a private one-bedroom ADU with a separate entrance and dedicated outdoor space. The configuration allows the main house and ADU to operate independently or together, providing flexibility for short-term stays, extended furnished rentals, corporate housing, owner occupancy, multigenerational living, and guest accommodations. The main residence offers premium custom finishes, open living spaces, a designer kitchen, and a finished basement with 10-foot ceilings, a wet bar, game room, full bathroom, and 150-inch home theater. The property is being offered turnkey with its furnishings and operating infrastructure, allowing a new owner to avoid the substantial cost and time required to furnish, launch, and establish a comparable luxury rental. Under current ownership, the property has developed an operating history, repeat guest demand, and strong guest reviews through professional short-term rental management. The main house currently is getting $950/night and is approx. 70% occupied. The separate ADU provides an additional and comparatively easy-to-manage income source, particularly for business travelers, couples, and extended-stay guests, with approximately 70% occupancy and an average nightly rate of $300. The property also has potential for corporate housing, medium-term rentals, and location-production bookings. Coolidge was intentionally constructed as a high-performance Healthy Home. Building systems include two energy recovery ventilation systems, continuous filtered fresh air, MERV-13 filtration, five-zone heat pump HVAC, an airtight building envelope, high-performance insulation, all-electric appliances and mechanical systems, low and no-VOC materials, and Schluter waterproofing throughout the bathrooms. These features differentiate the property from conventional rental inventory while supporting guest comfort, health, energy efficiency, durability, and long-term asset quality. A detailed investor package is available to qualified buyers and may include historical revenue, occupancy, main-house and ADU performance, operating expenses, furnishings and equipment, guest review history, and an overview of current operations. The sale provides an investor, owner-user, or second-home buyer with the opportunity to acquire a distinctive luxury property that is already furnished, established, and positioned for continued hospitality and furnished-rental use. Buyer to independently verify zoning, licensing, permitting, rental regulations, and the continuation or transferability of any existing rental operations.

4034 Coolidge Avenue, Los Angeles

Listing courtesy of Listing Agent: Christina Kim (christina@christinakimrealty.com) from Listing Office: Keller Williams Larchmont.

$4,995,000
35 Beds 30 Baths 26864985 MLS
6590 Hazeltine Ave presents an exceptional opportunity to acquire a well-maintained 14-unit apartment community ideally located in the heart of Valley Glen, one of the San Fernando Valley's most established and tightly held residential submarkets. Built in 1988, this offering stands apart for the sheer scale of its residences a rare collection of oversized two and three bedroom floor plans that live more like townhomes than apartments, in a submarket where large-format rental product of this caliber almost never trades.Situated on a 16,443 square foot lot, the property totals 18,080 square feet of gross building area, averaging an exceptional 1,291 square feet per unit across a single building. The asset features a unit mix of seven (7) two bedroom, two bath units, five (5) three bedroom, two bath units, and two (2) three bedroom, three bath units with every residence in the building delivering two or more bedrooms and two or more bathrooms, a floor plan composition rarely assembled in the Valley Glen submarket.In-place rents generate a scheduled monthly income of $40,984 and scheduled yearly income of $491,808, with laundry income contributing an additional $4,800 annually supporting durable, diversified cash flow at the property. Notably, the offering will be delivered with eight (8) vacant units, affording an incoming investor immediate operational flexibility across the majority of the building from day one. The property operates under California's AB 1482 statewide rent cap framework.Valley Glen's enduring residential appeal further strengthens the investment profile of 6590 Hazeltine Ave. The property is embedded within a tree-lined neighborhood anchored by Los Angeles Valley College and the landmark Great Wall of Los Angeles along the Tujunga Wash Greenway. The location offers convenient access to the shops, dining, and entertainment of the NoHo Arts District, Westfield Fashion Square, and the Ventura Boulevard corridor in neighboring Sherman Oaks. Proximity to the 101, 170, and 405 freeways and major employment hubs across the Burbank Media District, Van Nuys Civic Center, and Kaiser Permanente Panorama City supports sustained rental demand at the property.With its prime Hazeltine Avenue address, exceptionally large two and three bedroom floor plans, strong in-place income, gated parking and on-site laundry, and eight vacant units offering immediate flexibility 6590 Hazeltine Ave represents a rare opportunity to acquire a pride-of-ownership asset in one of the most stable and enduring residential submarkets in the San Fernando Valley.

6590 Hazeltine Ave, Los Angeles

Courtesy of CBRE, John Boyett - CA DRE#02056759

$4,999,800
OC26161494 MLS
Welcome to 1171 & 1173 W. 36th Place and 3614 & 3616 S. Catalina Street, Los Angeles—an exceptional investment opportunity featuring four newly constructed residences completed in 2025, located just steps from the University of Southern California (USC). This offering consists of four thoughtfully designed four-story townhomes, each featuring six bedrooms and five bathrooms, for a total of 24 bedrooms and 20 bathrooms. Designed with both USC students and their families in mind, the property is only 2-minutes walk to the campus, is located within USC's Department of Public Safety (DPS) Security Zone and is equipped with private security cameras, providing an ideal combination of safety, convenience, and modern living. Residents have the flexibility to lease individual bedrooms or rent an entire home as a group, with both standard and fully furnished options available. This flexible leasing strategy appeals to a broad tenant base while supporting strong occupancy and consistent rental demand. Unlike many institutional student housing developments, West 36th & Catalina is family-owned and professionally managed. Ownership takes pride in maintaining the property to a high standard while fostering a safe, welcoming, and well-managed living environment. Significant rental upside exists for a new owner. Leasing commenced after the previous academic semester had concluded, and ownership prioritized securing full occupancy before the Fall semester rather than maximizing rental rates. As leases renew, a new owner has the opportunity to bring rents in line with prevailing market levels, representing an estimated 20–30% increase in rental income. Also, the new owner may convert the existing four garage into living spaces to further increase the rental income.

1171 W 36th PL, Los Angeles

Listing courtesy of Listing Agent: Zheng Shen (scarlettshen78@gmail.com) from Listing Office: JC Pacific Corp.

$2,900,000
10 Beds 12 Baths 26864835 MLS
The subject property is a twelve-unit multifamily asset located at 5912 Willoughby Avenue in the heart of Hollywood. Built in 1979 and zoned LAR3, the asset is governed by California's AB 1482 statewide rent cap rather than the stricter Los Angeles RSO. The unit mix comprises (1) Studio / 1-Bath and (9) 1-Bedroom / 1-Bath units, plus two brand-new ADUs (a Studio and a 1-Bedroom), across 6,924 building SF on a 6,495 SF lot, of wood-frame and stucco construction with individually metered utilities and on-site parking. The building delivers strong in-place cash flow, and the two brand-new ADUs, now nearing completion, are positioned to capture top-of-market rents upon delivery. Positioned within one of Los Angeles' most dynamic and walkable submarkets, the property sits minutes from the region's largest employment base in media and entertainment, including Paramount Pictures, Netflix, and Sunset Bronson Studios, along with the Melrose Avenue dining and retail corridor and the boutiques of Larchmont Village. Everyday conveniences including Pavilions, Trader Joe's, and Erewhon are within easy reach, and the Metro B (Red) Line at Hollywood/Vine offers a direct rail link to Downtown Los Angeles and the San Fernando Valley. Built in 1979, the property is exempt from the Los Angeles RSO and instead falls under California's AB 1482 statewide rent cap, allowing annual rent increases of up to 5% plus CPI, a meaningfully higher rent-growth ceiling than a locally rent-controlled asset. Hollywood remains a supply-constrained, high-demand rental market, drawing durable tenant demand from the surrounding studios, creative offices, and entertainment workforce.

5912 Willoughby Ave, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James - CA DRE#01748556

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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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