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$1,900,000
8 Beds 8 Baths 26866883 MLS
ARE 11-UNIT SILVER LAKE INVESTMENT PORTFOLIO OPPORTUNITY OFFERED TOGETHER FOR $1,900,000. 905-907 Sanborn Avenue and 904-906 Manzanita Street present a rare opportunity to acquire two adjoining LARD1.5-zoned income properties with separate APNs, totaling approximately 11,110 square feet of land and 5,977 square feet of improvements. Combined current annual gross income is approximately $172,488, including the rented garage. The properties are offered exclusively as one transaction and must be sold and close escrow together pursuant to a recorded covenant affecting both parcels. The two properties have separate APNs but share an open yard area with no fence or wall separating the parcels. Their contiguous configuration, dual-street frontage, and LARD1.5 zoning may provide additional long-term development or redevelopment potential, subject to buyer verification and approval by the appropriate governmental authorities. Ideally located in the heart of Silver Lake, the properties are within walking distance of Erewhon Market, popular restaurants, cafes, boutiques, and neighborhood amenities, with convenient access to Los Feliz, Hollywood, Downtown Los Angeles, and major employment centers. Buyer shall independently verify all square footage, lot size, legal unit count, permits, rents, rent-control status, zoning, property boundaries, garage income, basement/studio status, development potential, and all other information deemed material to the purchase. Please do not disturb the occupants or enter either property without an appointment and accompaniment by the listing broker.

905 Sanborn Avenue, Los Angeles

Listing courtesy of Listing Agent: Faye Bogari (bogarirealty@gmail.com) from Listing Office: Bogari Agency.

$1,075,000
OC26167015 MLS
Turnkey Non-RSO Duplex w/ (1) Vacant 5-Bedroom Unit, Ideal for Owner-Occupants & Investors! An exceptional opportunity to own a newer construction duplex in the heart of Los Angeles, offering the perfect blend of immediate occupancy, strong rental income, and long-term appreciation. Built in 2016, this well-maintained property features two spacious 5-bedroom, 3-bathroom residences totaling 3,706 square feet, making it an ideal investment for both owner-users and savvy investors. One of the property's greatest advantages is that one unit will be delivered vacant, providing the rare opportunity to move in immediately or lease the unit at today's market rents from day one. Whether you're looking to offset your mortgage with rental income or maximize cash flow as a full investment property, this flexibility is increasingly difficult to find. Unlike many multifamily properties in Los Angeles, this duplex is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering greater flexibility for future rent increases and enhanced long-term income potential. Each residence boasts modern finishes, updated kitchens and bathrooms, expansive open-concept living spaces, and the convenience of in-unit laundry hookups - the highly desirable amenities that continue to attract quality tenants. The property also includes three secured garage parking spaces, providing valuable off-street parking for residents in a neighborhood where parking is at a premium. Situated just minutes from SoFi Stadium, LAX, and Downtown Los Angeles, this centrally located duplex offers convenient access to some of Southern California's largest employment centers, entertainment venues, and lifestyle destinations, making it highly attractive to tenants and owner-occupants alike. Whether you're searching for a house-hacking opportunity, a high-performing investment, or a turnkey property with substantial upside, this newer construction duplex delivers exceptional value in one of Los Angeles' most desirable rental markets. Opportunities to acquire a non-RSO duplex with a vacant unit, modern construction, and immediate income potential are few and far between. This ad contains digitally altered images with virtually staged furniture. Prospects can access original, unaltered images within the same ad. The Google Gemini Diamond icon in the bottom right corner indicates virtually staged furniture.

146 W 93rd, Los Angeles

Listing courtesy of Listing Agent: Christopher Audish (Chris.Audish@HCMRealEstate.com) from Listing Office: HCM Real Estate.

$1,150,000
OC26167009 MLS
Turnkey 2016-Built Duplex, Spacious Townhome-Style Units with Strong Rental Upside! Discover an outstanding investment opportunity with this newer construction duplex in the heart of South Los Angeles. Built in 2016, this turnkey property features two spacious 4-bedroom, 3-bathroom townhome-style residences totaling 3,520 square feet, offering an ideal combination of modern construction, stable income, and long-term appreciation potential. Designed with today's tenants in mind, each residence offers an expansive two-story floor plan with oversized bedrooms, open-concept living spaces, modern kitchens featuring granite countertops and stainless steel appliances, updated bathrooms, stylish flooring, and contemporary finishes throughout. With no deferred maintenance, this is a true turnkey investment ready to generate income from day one. The property is fully leased with reliable in-place rental income while still offering meaningful upside. Comparable renovated properties in the area command substantially higher rents, creating an excellent opportunity to increase future cash flow as leases turn over. Investors can benefit from rental upside while owning a newer-vintage asset in a market where quality multifamily inventory is in high demand. Additional features include a detached three-car garage, driveway parking, and ample off-street parking, providing added convenience and value for residents. The property's spacious layouts and parking amenities make it especially attractive to families seeking larger rental homes. Conveniently located near Downtown Los Angeles, USC, SoFi Stadium, LAX, and the I-110 and I-105 freeways, this central location provides tenants with easy access to major employment centers, transportation corridors, and entertainment destinations, supporting strong long-term rental demand. Whether you're looking to expand your portfolio with a low-maintenance asset or secure a high-quality duplex with immediate cash flow and future rental growth, 645 E. 78th Street presents a rare opportunity to acquire a modern multifamily property in one of Los Angeles' strongest rental markets.

645 E 78th, Los Angeles

Listing courtesy of Listing Agent: Christopher Audish (Chris.Audish@HCMRealEstate.com) from Listing Office: HCM Real Estate.

$1,075,000
OC26166998 MLS
Turnkey Non-RSO Duplex, 10 Bedrooms, Strong Cash Flow, Value-Add Opportunity! Exceptional investment opportunity in the heart of Los Angeles! This newer construction duplex, built in 2016, offers two spacious 5-bedroom, 3-bathroom residences totaling 3,509 square feet. Unlike many income properties in the area, this asset is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), providing investors with greater flexibility for future rental increases. Each thoughtfully designed unit features modern finishes, updated kitchens and bathrooms, open-concept living and dining areas, and the convenience of in-unit laundry hookups, an amenity that consistently attracts long-term tenants. A detached 3-car garage serves as great ADU Potential, plus additional driveway parking offers added value for both tenants and owner living. The property presents significant upside with current rents below market, offering the potential to increase gross annual income as units turn over or rent increases are eligible. Investors will also appreciate the potential to further enhance returns by adding an Accessory Dwelling Unit (ADU) in the spacious rear yard, subject to buyer verification. Ideally situated just minutes from SoFi Stadium, LAX, Downtown Los Angeles, Culver City, Santa Monica, and Beverly Hills, the property benefits from strong tenant demand driven by proximity to major employment centers, entertainment destinations, and transportation corridors. Whether you're seeking a high-performing investment, a house-hacking opportunity, or a property with long-term appreciation and income growth potential, this turnkey duplex checks every box. Rarely do newer construction, non-RSO properties with this combination of size, income potential, and future upside become available.

5753 8th, Los Angeles

Listing courtesy of Listing Agent: Christopher Audish (Chris.Audish@HCMRealEstate.com) from Listing Office: HCM Real Estate.

$1,350,000
8 Beds 4 Baths IV26164832 MLS
Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential.  Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafés, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.

1943 Estrella Avenue, Los Angeles

Listing courtesy of Listing Agent: GEOVANI MARTINEZ (geovani@alliedcre.com) from Listing Office: ALLIED COMMERCIAL REAL ESTATE.

$2,750,000
14 Beds 13 Baths 26866391 MLS
VACANCIES PERFECT FOR OWNER/USER: 4810 Mascot St is a newly 2024 constructed fourplex located in the highly desirable Mid-City neighborhood of Los Angeles with two upcoming vacancies. The property is comprised of two separate duplex structures and is offered as a rare new construction opportunity exempt from both RSO and statewide rent control, providing an investor with maximum operational flexibility and long-term upside. The property encompasses approximately 5,000+ square feet of living space and features a strong unit mix of (2) 3BR/3BA and (2) 4BR/3.5BA townhome-style units averaging over 1,250 SF each. One of the 4BR/3.5BA townhome units will be vacant as of 8/31/26, and one of the 3BR/3BA townhome units will be vacating shortly after. This presents a perfect opportunity for an owner/user to select which unit type fits their lifestyle best. As a newly constructed asset, the property requires no near-term capital expenditure and delivers a turnkey ownership experience. Each unit is outfitted with in-unit washer and dryer, custom wood cabinetry, floating vanities, stainless steel GE appliances, and quartz countertops, providing a high-quality product that commands strong tenant demand and supports premium rental rates. The property is exceptionally efficient from an expense standpoint, featuring 28 solar panels that significantly reduce the tenants energy costs, with all utilities paid directly by tenants. There are a total of 11 available parking spaces, including (3) tandem garage stalls, and (2) tandem uncovered stalls and one more uncovered space. The combination of low overhead, no rent control exposure, and owner-quality finishes positions this asset as an ideal acquisition for a long-term investor.

4810 Mascot Street, Los Angeles

Listing courtesy of Listing Agent: Jake Glaser (jake@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$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 Ave, Los Angeles

Courtesy of Property Advisors Group, Inc, Leonard Lee - CA DRE#01813331

$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 Blvd, Los Angeles

Courtesy of Beverly & Company Luxury Properties, Laura Meldere - CA DRE#01963657

$749,000
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 St, Los Angeles

Courtesy of Compass, Max Berger - CA DRE#02054048

$1,495,000
5 Beds 2 Baths 26865301 MLS
Two Beautiful Homes on One Corner Lot near USC! Exceptional investment and owner-user opportunity just close to campus and the brand new Lucas Museum. These homes feel like two separate properties. One is situated on a 23rd Street and the other on Raymond Avenue. The 23rd Street home offers 3 bedrooms and 3 bathrooms and will be delivered vacant at the close of escrow, ideal for an owner-occupant who wants to move right in while generating income from the second home. The Raymond Avenue home features 4 bedrooms and 4 bathrooms and is surrounded by mature bamboo, creating a private and tranquil setting rarely found this close to USC. Both homes have been thoughtfully updated, providing modern finishes and move-in-ready convenience while maintaining excellent functionality for homeowners and tenants alike. The development in this area has been booming and has an incredibly exciting future. In addition to USC and the Lucas Museum, the area is home to Memorial Coliseum (site of the Olympics Opening Ceremonies in 2028), Exposition Park (home of California Science Center, African American Museum and Space Shuttle Endeavor), BMO Stadium (home of the incredible LA Football Club). Additionally, the property is convenient to Downtown Los Angeles, major freeways and the Expo Line. The area generates excellent rental demand and long-term upside and is in one of Los Angeles' most desirable investment corridors. This is a beautiful property and excellent investment.

1619 W 23rd St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Lee Ziff - CA DRE#01212150

$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.

$1,845,000
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.

$749,000
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.

$1,495,000
5 Beds 2 Baths 26865301 MLS
Two Beautiful Homes on One Corner Lot near USC! Exceptional investment and owner-user opportunity just close to campus and the brand new Lucas Museum. These homes feel like two separate properties. One is situated on a 23rd Street and the other on Raymond Avenue. The 23rd Street home offers 3 bedrooms and 3 bathrooms and will be delivered vacant at the close of escrow, ideal for an owner-occupant who wants to move right in while generating income from the second home. The Raymond Avenue home features 4 bedrooms and 4 bathrooms and is surrounded by mature bamboo, creating a private and tranquil setting rarely found this close to USC. Both homes have been thoughtfully updated, providing modern finishes and move-in-ready convenience while maintaining excellent functionality for homeowners and tenants alike. The development in this area has been booming and has an incredibly exciting future. In addition to USC and the Lucas Museum, the area is home to Memorial Coliseum (site of the Olympics Opening Ceremonies in 2028), Exposition Park (home of California Science Center, African American Museum and Space Shuttle Endeavor), BMO Stadium (home of the incredible LA Football Club). Additionally, the property is convenient to Downtown Los Angeles, major freeways and the Expo Line. The area generates excellent rental demand and long-term upside and is in one of Los Angeles' most desirable investment corridors. This is a beautiful property and excellent investment.

1619 W 23rd Street, Los Angeles

Listing courtesy of Listing Agent: Lee Ziff (lee@leeziff.com) from Listing Office: Keller Williams Beverly Hills.

$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. Several units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently there is one vacant two-bedroom, two-bath apartment unit. Recent improvements include a new electrical panel service panel and plumbing 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.

1561 Carmona Ave, Los Angeles

Courtesy of Compass, Monique Carrabba - CA DRE#01708376

$1,200,000
4 Beds 4 Baths 26748207 MLS
3 UNITS VACANT + UNUSED OVERSIZED GARAGE in Jefferson Park. Exceptional Investment & Development Opportunity! Prime, charming 4-unit income property located in the heart of one of the city's fastest-growing redevelopment corridors. Three of the four units are currently VACANT, providing immediate flexibility for renovation, repositioning, or maximizing rental income.The property also features an oversized detached garage to accomodate 4 cars, combined in 1 structure, with outstanding ADU (Accessory Dwelling Unit) development potential, offering additional value and future income opportunities (buyer to verify). Per seller garage is not used by the tenant. Surrounded by major new development, restaurants, shopping, and transit, this is a rare chance to acquire a property in a highly sought-after location with tremendous upside. Whether you're an investor, developer, or owner-user, this property offers exceptional potential in one of the city's most active growth areas. Tenant is month to month. Property is to be sold "as is" in its present condition. No warranties, guarantees or representations regarding the adequacy, condition, performance, or suitability of the property or its systems or components are expressed or implied. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

3427 S Bronson Ave, Los Angeles

Courtesy of KHORR Realty, Pila Jessie - CA DRE#01324968

$1,595,000
7 Beds 4 Baths 26862451 MLS
Prime Hollywood fourplex on a C2-zoned lot near the Metro, offering immediate rental income with exceptional long-term upside. Ideal for investors, owner-users, or developers, the zoning may allow future development opportunities, including additional units or increased density (buyer to verify). This newly remodeled property features two separate structures with four units: a front house with a 2 BD 1 BA unit and a 1 BD 1 BA unit, plus a detached rear building with two 2 BD units. Two of the units are fully renovated and vacant, ready for occupancy or lease at market rents, while two tenant-occupied units provide immediate income. Recent upgrades include new roofs, new concrete flooring throughout, windows, stucco, exterior paint, mini-split HVAC systems, electrical, a new front electric gate, tandem parking, and a community laundry room. The vacant units have been extensively remodeled with new kitchens, new baths, new doors, hardwood floors, closets, recessed lighting and more. The property includes five parking spaces and two detached storage rooms offering additional income potential. Located minutes from Paramount Studios, Sunset Gower Studios, Netflix, Larchmont Village, restaurants, shopping, major hospitals, and entertainment, it's also an excellent fit for content creators or entertainment professionals seeking private flexible live/work office space. A rare opportunity to own a turnkey income property with immediate cash flow and significant upside in one of Hollywood's most vibrant locations.

5915 Barton Ave, Los Angeles

Courtesy of Compass, Lorena Costino - CA DRE#01940336

$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. Several units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently there is one vacant two-bedroom, two-bath apartment unit. Recent improvements include a new electrical panel service panel and plumbing 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.

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..

$1,200,000
4 Beds 4 Baths 26748207 MLS
3 UNITS VACANT + UNUSED OVERSIZED GARAGE in Jefferson Park. Exceptional Investment & Development Opportunity! Prime, charming 4-unit income property located in the heart of one of the city's fastest-growing redevelopment corridors. Three of the four units are currently VACANT, providing immediate flexibility for renovation, repositioning, or maximizing rental income.The property also features an oversized detached garage to accomodate 4 cars, combined in 1 structure, with outstanding ADU (Accessory Dwelling Unit) development potential, offering additional value and future income opportunities (buyer to verify). Per seller garage is not used by the tenant. Surrounded by major new development, restaurants, shopping, and transit, this is a rare chance to acquire a property in a highly sought-after location with tremendous upside. Whether you're an investor, developer, or owner-user, this property offers exceptional potential in one of the city's most active growth areas. Tenant is month to month. Property is to be sold "as is" in its present condition. No warranties, guarantees or representations regarding the adequacy, condition, performance, or suitability of the property or its systems or components are expressed or implied. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

3427 S Bronson Avenue, Los Angeles

Listing courtesy of Listing Agent: Pila Jessie (pila@khorrrealty.com) from Listing Office: KHORR Realty.

$2,288,000
WS26165098 MLS
Rare Opportunity!! Live in an expansive, upgraded townhouse-style owner's residence while generating immediate income from five additional rental units...... The impressive owner's unit is situated at the front of the property and offers approximately 3,441 sqft of thoughtfully designed living space. Featuring 6 bedrooms, 4.5 bathrooms, a home office, and a craft/utility room at the garage level. A grand double-door entry opens to a bright, airy floor plan where the foyer seamlessly connects the living room, formal dining room, and gourmet kitchen, creating the perfect setting for both everyday living and entertaining. The beautiful kitchen features new cabinets, appliances, elegant quartz countertops, modern fixtures, recessed lighting, and a convenient breakfast counter. The approximately 400 sqft private covered deck, offers an exceptional outdoor retreat for entertaining, relaxing, gardening. The attached two-car garage with direct access includes private laundry hookups and a utility sink for convenience. The owner's residence has been extensively upgraded with new kitchen; high-end waterproof laminate flooring (2026); Two central A/C and heating systems (2025); Newer water heater; a remodeled walk-in bathroom; Recessed lighting in the living and formal dining rooms...... In addition to the owner's residence, the property includes five spacious 2-bedroom, 1-bath rental units, approximately 875 sqft each. The units are equipped with its own central AC and Heating (installed between 2018 and 2025), One assigned parking space for each unit; on-site coin-operated laundry; newer roof (2024)...... Ideally located on a well-known street in the historic Angelino Heights/Echo Park neighborhood, this property is just minutes from Downtown Los Angeles, major employment centers, restaurants, entertainment, and cultural attractions. Commuters will appreciate the convenient access to the 101, 110, 210, 2, 5, and 10 freeways, making travel throughout Southern California quick and convenient. Whether you're seeking a spacious owner-occupied residence with strong rental income or an exceptional long-term investment, this one-of-a-kind property offers an unmatched combination of size, location, and income potential...... Don't miss this rare opportunity to own an exceptional multi-family property in one of Los Angeles' most desirable historic neighborhoods!

728 E Kensington, Los Angeles

Listing courtesy of Listing Agent: Yuan Shirley Yuan (shirleyyuan88@gmail.com) from Listing Office: Wetrust Realty.

$1,595,000
7 Beds 4 Baths 26862451 MLS
Prime Hollywood fourplex on a C2-zoned lot near the Metro, offering immediate rental income with exceptional long-term upside. Ideal for investors, owner-users, or developers, the zoning may allow future development opportunities, including additional units or increased density (buyer to verify). This newly remodeled property features two separate structures with four units: a front house with a 2 BD 1 BA unit and a 1 BD 1 BA unit, plus a detached rear building with two 2 BD units. Two of the units are fully renovated and vacant, ready for occupancy or lease at market rents, while two tenant-occupied units provide immediate income. Recent upgrades include new roofs, new concrete flooring throughout, windows, stucco, exterior paint, mini-split HVAC systems, electrical, a new front electric gate, tandem parking, and a community laundry room. The vacant units have been extensively remodeled with new kitchens, new baths, new doors, hardwood floors, closets, recessed lighting and more. The property includes five parking spaces and two detached storage rooms offering additional income potential. Located minutes from Paramount Studios, Sunset Gower Studios, Netflix, Larchmont Village, restaurants, shopping, major hospitals, and entertainment, it's also an excellent fit for content creators or entertainment professionals seeking private flexible live/work office space. A rare opportunity to own a turnkey income property with immediate cash flow and significant upside in one of Hollywood's most vibrant locations.

5915 Barton Avenue, Los Angeles

Listing courtesy of Listing Agent: Lorena Costino (lorena.costino@compass.com) from Listing Office: Compass.

$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

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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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