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$2,299,999
57 Beds 57 Baths 26913085 MLS
Welcome to 1020 N ARDMORE AVE, a fully entitled RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors and Builders, ready to pull permits and to start building. This SHOVEL READY 100% Affordable ED1 project features 57 units including a manager's office that can be converted into a unit, 40-1 bedroom, 17- studios across a Type V, four story, fully stacked designed which features all wood frame floors on an almost 9,000 square foot lot plus an alley that is SB8 exempt and currently a vacant land. This design has a significant savings in construction costs and time maximizing the most units with much lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of Los Angeles most vibrant and high demand area, the property located in Hollywood close to Sunset BLVD with a walk score of 87, close to restaurants, coffee shops and shopping centers. Due to its central location, the area is within top employment hubs and is minutes from Larchmont, Silverlake, Hollywood Walk of FAME, Paramount Studios, Melrose Hills and it is a highly desirable and attractive area that has other brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area, close to the Vermont/Sunset Metro Subway Station, making this very walkable and bike friendly. The stackable design features 25,292 square feet of building area with units ranging from approx 300-456 square feet. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 57 units would bring a monthly gross income of $123,044 and yearly gross income of $1,476,528, or a buyer can look into achieving higher rents with this property being located in Tier 5, Section 8 vouchers most recently updated voucher payment standards has amounts of $2,310 for 1 bd and $2,058 for Studios for this zip code (buyer to verify). Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area. Each unit is designed for maximum affordability and optimized rental income. This development presents a rare and immediate opportunity for developers to bring much-needed affordable housing to one of LA's most sought-after areas. BUYER TO VERIFY ALL!

1020 N Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: Daniel Lalezari (Dlalezari@gmail.com) from Listing Office: Keller Williams Hollywood Hills.

$2,299,999
26913013 MLS
Welcome to 1020 N ARDMORE AVE, a fully entitled RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors and Builders, ready to pull permits and to start building. This SHOVEL READY 100% Affordable ED1 project features 57 units including a manager's office that can be converted into a unit, 40-1 bedroom, 17- studios across a Type V, four story, fully stacked designed which features all wood frame floors on an almost 9,000 square foot lot plus an alley that is SB8 exempt and currently a vacant land. This design has a significant savings in construction costs and time maximizing the most units with much lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of Los Angeles most vibrant and high demand area, the property located in Hollywood close to Sunset BLVD with a walk score of 87, close to restaurants, coffee shops and shopping centers. Due to its central location, the area is within top employment hubs and is minutes from Larchmont, Silverlake, Hollywood Walk of FAME, Paramount Studios, Melrose Hills and it is a highly desirable and attractive area that has other brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area, close to the Vermont/Sunset Metro Subway Station, making this very walkable and bike friendly. The stackable design features 25,292 square feet of building area with units ranging from approx 300-456 square feet. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 57 units would bring a monthly gross income of $123,044 and yearly gross income of $1,476,528, or a buyer can look into achieving higher rents with this property being located in Tier 5, Section 8 vouchers most recently updated voucher payment standards has amounts of $2,310 for 1 bd and $2,058 for Studios for this zip code (buyer to verify). Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area. Each unit is designed for maximum affordability and optimized rental income. This development presents a rare and immediate opportunity for developers to bring much-needed affordable housing to one of LA's most sought-after areas. BUYER TO VERIFY ALL!

1020 N Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: Daniel Lalezari (Dlalezari@gmail.com) from Listing Office: Keller Williams Hollywood Hills.

$875,000
2 Beds 3 Baths 26902789 MLS 4136 NORMAL, INC. BLDG.
Perched in prime Silver Lake, this new construction residence delivers breathtaking panoramas of the city skyline and surrounding hills. Sun-drenched interiors feature an airy, seamless layout elevated by broad-plank floors, floor-to-ceiling glass, and sweeping glass doors that spill out onto an oversized view deck. At the center of the main level sits an epicurean kitchen anchored by a massive island and custom cabinetry, designed for fluid indoor-outdoor hosting.The thoughtful floor plan encompasses dual primary suites with private ensuite baths, a main-floor powder room, generous storage options, and two private parking spaces. Unbeatable proximity to Sunset Junction and Virgil Village puts top-tier coffee shops, acclaimed dining, and nightlife right outside your door, offering an effortlessly walkable lifestyle paired with a quiet residential sanctuary.

4136 3/4 Normal Ave, Los Angeles

Courtesy of Compass, Christopher Ryder - CA DRE#02007962

$875,000
2 Beds 3 Baths 26902789 MLS
Perched in prime Silver Lake, this new construction residence delivers breathtaking panoramas of the city skyline and surrounding hills. Sun-drenched interiors feature an airy, seamless layout elevated by broad-plank floors, floor-to-ceiling glass, and sweeping glass doors that spill out onto an oversized view deck. At the center of the main level sits an epicurean kitchen anchored by a massive island and custom cabinetry, designed for fluid indoor-outdoor hosting.The thoughtful floor plan encompasses dual primary suites with private ensuite baths, a main-floor powder room, generous storage options, and two private parking spaces. Unbeatable proximity to Sunset Junction and Virgil Village puts top-tier coffee shops, acclaimed dining, and nightlife right outside your door, offering an effortlessly walkable lifestyle paired with a quiet residential sanctuary.

4136 3/4 Normal Avenue, Los Angeles

Listing courtesy of Listing Agent: Christopher Ryder (chris@agentryder.com) from Listing Office: Compass.

$1,595,000
6 Beds 5 Baths 26881833 MLS
A rare four-unit property in the sought-after Silver Lake neighborhood, this distinctive compound features four freestanding bungalows, private outdoor spaces, and six on-site parking spaces just moments from Sunset Boulevard. The configuration includes two 2-bed bungalows (Units 946 and 946 3/4 ) and two 1-bed bungalows (Units 948 and 948 1/2), with the rear 2-bed, 1-bath residence (Unit 946 3/4) currently vacant and available for an owner-user or immediate lease-up. Current gross rental income is $6,405 per month ($76,860 annually), with projected market rents of approximately $10,500 per month ($126,000 annually), offering compelling flexibility and upside in one of Los Angeles' most desirable rental markets. At the front of the property, Unit 946 sits privately behind mature hedging and features 2 beds, 2 baths, and its own outdoor area. Beyond the wrought-iron gate, a shared sitting area provides a welcoming central gathering space, while Unit 948, a 1-bed, 1-bath bungalow, sits separately to the left. Further into the property, the vacant Unit 946 3/4 offers 2 beds and 1 bath and has recently been refreshed with new bamboo flooring and fresh interior paint. The spacious kitchen features abundant cabinetry and granite countertops, while both bedrooms are generously proportioned. The bathroom retains a classic clawfoot tub with shower, and an in-unit washer and dryer adds convenience. Direct access from both the kitchen and rear bedroom leads to a private gated outdoor area with a covered pergola, creating an additional extension of the living space. Unit 948 1/2, a 1 bed, 1 bath bungalow, is also positioned toward the rear of the property and includes its own private backyard patio. Additional amenities include a shared outdoor laundry area, communal sitting space, and a front parking lot with six dedicated spaces - an especially valuable feature in this central Silver Lake location. With four separate residences rather than a traditional multi-unit configuration, the property offers numerous possibilities for an investor, an owner-user, or a multi-generational household. The vacant rear bungalow provides immediate flexibility, while the existing income and potential market rents offer an opportunity to further optimize the property over time. Ideally located near Sunset Boulevard and some of Silver Lake's most popular destinations, including Bacari, Erewhon, and Intelligentsia, the property offers convenient access to neighborhood cafes, restaurants, shopping, and nearby outdoor recreation.

946 Hyperion Ave, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Lori Harris - CA DRE#02132297

$1,595,000
6 Beds 5 Baths 26881833 MLS
A rare four-unit property in the sought-after Silver Lake neighborhood, this distinctive compound features four freestanding bungalows, private outdoor spaces, and six on-site parking spaces just moments from Sunset Boulevard. The configuration includes two 2-bed bungalows (Units 946 and 946 3/4 ) and two 1-bed bungalows (Units 948 and 948 1/2), with the rear 2-bed, 1-bath residence (Unit 946 3/4) currently vacant and available for an owner-user or immediate lease-up. Current gross rental income is $6,405 per month ($76,860 annually), with projected market rents of approximately $10,500 per month ($126,000 annually), offering compelling flexibility and upside in one of Los Angeles' most desirable rental markets. At the front of the property, Unit 946 sits privately behind mature hedging and features 2 beds, 2 baths, and its own outdoor area. Beyond the wrought-iron gate, a shared sitting area provides a welcoming central gathering space, while Unit 948, a 1-bed, 1-bath bungalow, sits separately to the left. Further into the property, the vacant Unit 946 3/4 offers 2 beds and 1 bath and has recently been refreshed with new bamboo flooring and fresh interior paint. The spacious kitchen features abundant cabinetry and granite countertops, while both bedrooms are generously proportioned. The bathroom retains a classic clawfoot tub with shower, and an in-unit washer and dryer adds convenience. Direct access from both the kitchen and rear bedroom leads to a private gated outdoor area with a covered pergola, creating an additional extension of the living space. Unit 948 1/2, a 1 bed, 1 bath bungalow, is also positioned toward the rear of the property and includes its own private backyard patio. Additional amenities include a shared outdoor laundry area, communal sitting space, and a front parking lot with six dedicated spaces - an especially valuable feature in this central Silver Lake location. With four separate residences rather than a traditional multi-unit configuration, the property offers numerous possibilities for an investor, an owner-user, or a multi-generational household. The vacant rear bungalow provides immediate flexibility, while the existing income and potential market rents offer an opportunity to further optimize the property over time. Ideally located near Sunset Boulevard and some of Silver Lake's most popular destinations, including Bacari, Erewhon, and Intelligentsia, the property offers convenient access to neighborhood cafes, restaurants, shopping, and nearby outdoor recreation.

946 Hyperion Avenue, Los Angeles

Listing courtesy of Listing Agent: Lori Harris (lori@brockandlori.com) from Listing Office: Keller Williams Realty Los Feliz.

$1,750,000
8 Beds 8 Baths 26874023 MLS
Offered at $1,750,000, this realistically priced 8-unit multifamily opportunity is located in the highly walkable Little Armenia/East Hollywood submarket, just steps from the Vermont/Santa Monica Metro B Line station. Built in 1926, the property showcases classic Spanish Revival architecture, vintage character, a period-appropriate exterior color palette, and professionally designed drought-tolerant landscaping. The unit mix includes six 1-bedroom/1-bath units, one 1-bedroom unit with bonus room, and one 2-bedroom unit. Three units are intentionally vacant at close of escrow, offering an owner-user or investor meaningful flexibility for renovation, lease-up, or other permitted business-plan strategies. All units feature hardwood floors, plaster walls, and plaster ceilings. Four units have modernized kitchens. Renovated units have achieved rents up to $2,350 per month, indicating potential continued rental upside as additional units become available and are improved, subject to applicable rent-control laws and regulations. Recent capital improvements include a substantial electrical-system upgrade from 200 amps to 400 amps, including replacement of tenant-unit electrical panels and the house-service panel. The property is separately metered for gas and electricity. Excellent transit and neighborhood access: Walk Score 93, Transit Score 71, and Bike Score 72. Conveniently positioned near restaurants, shopping, neighborhood services, and major Hollywood/East Hollywood employment and entertainment destinations.

1125 N New Hampshire Ave, Los Angeles

Courtesy of Wellman Realty Co., Wes Wellman - CA DRE#00467451

$1,750,000
8 Beds 8 Baths 26874023 MLS
Offered at $1,750,000, this realistically priced 8-unit multifamily opportunity is located in the highly walkable Little Armenia/East Hollywood submarket, just steps from the Vermont/Santa Monica Metro B Line station. Built in 1926, the property showcases classic Spanish Revival architecture, vintage character, a period-appropriate exterior color palette, and professionally designed drought-tolerant landscaping. The unit mix includes six 1-bedroom/1-bath units, one 1-bedroom unit with bonus room, and one 2-bedroom unit. Three units are intentionally vacant at close of escrow, offering an owner-user or investor meaningful flexibility for renovation, lease-up, or other permitted business-plan strategies. All units feature hardwood floors, plaster walls, and plaster ceilings. Four units have modernized kitchens. Renovated units have achieved rents up to $2,350 per month, indicating potential continued rental upside as additional units become available and are improved, subject to applicable rent-control laws and regulations. Recent capital improvements include a substantial electrical-system upgrade from 200 amps to 400 amps, including replacement of tenant-unit electrical panels and the house-service panel. The property is separately metered for gas and electricity. Excellent transit and neighborhood access: Walk Score 93, Transit Score 71, and Bike Score 72. Conveniently positioned near restaurants, shopping, neighborhood services, and major Hollywood/East Hollywood employment and entertainment destinations.

1125 N New Hampshire Avenue, Los Angeles

Listing courtesy of Listing Agent: Wes Wellman (wes@wellmanproperties.com) from Listing Office: Wellman Realty Co..

$1,299,999
IG26185273 MLS
Great investment opportunity in Los Angeles! This legally recorded quadruplex offers a versatile unit mix with strong existing income and additional upside potential. Three legal units are currently tenant occupied on month-to-month agreements, while the owner’s 3-bedroom, 2-bathroom unit is expected to be delivered vacant, creating an opportunity for an owner-user or investor. Property features copper plumbing with a 1-inch main service line, an upgraded electrical system, two tankless water heaters, seismic foundation retrofit with anchor bolts, upgraded bathrooms in **Unit 2**, gas-fired wall furnaces, window A/C units, and on-site Speed Queen laundry machines. Additional income is generated from laundry and parking. Property also contains an additional occupied studio space that is not reflected as a legal fifth unit in available public records. Buyer to independently verify permits, unit configuration, square footage, rents, zoning, RSO status, improvements, and all other property information with the appropriate agencies.

4139 Normal, Los Angeles

Listing courtesy of Listing Agent: Silvia Klapp (sklapprealestate@gmail.com) from Listing Office: Real Broker.

$3,290,000
SR26185581 MLS
First time on market in 50 years. A Fourplex plus duplex - Six units - Four units 2 bed 1 bath and Two units 1 bed 1 barh - each with its own laundry and ample closets for storage A unique multifamily located in East Hollywood, Freeway close and convenient to entertainment, KTTV Studios, Paramount Studios, Netflix, Kodak Theater, Greek Theater, Griffith Park, minutes from Downtown Los Angeles. Pride of ownership with three 2024-2026 upgraded units in upscale architectural and design features and amenities. No expense was spared in upgrading the three units to Architectural Digest standards. New plumbing, new electrical in two units and partial new electrical in one unit, new flooring, new kitchen and bath fixtures. Owner user for one unit and long term hold with income from rentals with potential for a future redevelopment for multifamily project (to be verified with City of Los Angeles). Five units will be delivered vacant. Buyer will be able to rent the vacant units at market or start plans for a redevlopment without the extreme cost of relocating tenants. All income and expenses are estimated and proforma based on the renovated upgraded units and market rents for such units. Building will be delivered with five vacant units. Buyer to perform its own due diligence. Broker does not warranty any of the information. Broker has not verified any of the information nor will broker verify any of the information. Vacant units can be rented at market rents of up to $2,800 for the one bedroom units and up to $3,650 for the two bedroom units. Four detached garages that can produce additional rental income of $150 each. As five units will be delivered vacant, the GRM is based on proforma future tenancy. The unit sizes are approximate. Zoning information gathered from ZMAS - ZI-2374 State Enterprise Zone: Los Angeles - R3-1XL ZI-2427 Freeway Adjacent Advisory Notice for Sensitive Uses - ZI-2452 Transit Priority Area in the City of Los Angeles - ZI-2512 Housing Element Sites - General Plan land use - Medium residential. Buyer to verify All information provided above. Broker, owner or any other representative of the owner has not verified nor will verify any of the information. Buyer to perform its due diligence with its own experts.

1007 N Normandie, Los Angeles

Listing courtesy of Listing Agent: Vic Deirmendjian (realtransactions2019@gmail.com) from Listing Office: Vic J. Diermendjian.

$1,189,000
2 Beds 1 Baths 26872205 MLS
Nestled on a tree-lined corner lot in prime Silver Lake, this charming Craftsman is a picture-perfect scene of California living, with great indoor-outdoor flow and a lush wraparound yard. The spacious layout offers plenty of room to spread out; natural light pours in through picture windows and French doors, with vintage light fixtures adding character and wood floors throughout. The updated kitchen provides ample storage, stainless appliances, and a pale blue tile backsplash. Two bright bedrooms include a primary with a large walk-in closet; the bathroom retains original character. Fully enclosed, the generous yard offers a variety of spaces to enjoy: an idyllic stone-paved front yard with a patio, raised garden bed for vegetables and flowers, and a backyard set up for al fresco dining with built-in seating and a barbecue. Amenities include Central AC with Nest and parking. Ideal location puts you close to local favorites Seco, Intelligentsia, and Pine & Crane, moments from Sunset Junction, and just a short hop to Hyperion and Los Feliz.

1149 Manzanita St, Los Angeles

Courtesy of Coldwell Banker Realty, Tracy B Do - CA DRE#01350025

$1,189,000
2 Beds 1 Baths 26872205 MLS
Nestled on a tree-lined corner lot in prime Silver Lake, this charming Craftsman is a picture-perfect scene of California living, with great indoor-outdoor flow and a lush wraparound yard. The spacious layout offers plenty of room to spread out; natural light pours in through picture windows and French doors, with vintage light fixtures adding character and wood floors throughout. The updated kitchen provides ample storage, stainless appliances, and a pale blue tile backsplash. Two bright bedrooms include a primary with a large walk-in closet; the bathroom retains original character. Fully enclosed, the generous yard offers a variety of spaces to enjoy: an idyllic stone-paved front yard with a patio, raised garden bed for vegetables and flowers, and a backyard set up for al fresco dining with built-in seating and a barbecue. Amenities include Central AC with Nest and parking. Ideal location puts you close to local favorites Seco, Intelligentsia, and Pine & Crane, moments from Sunset Junction, and just a short hop to Hyperion and Los Feliz.

1149 Manzanita Street, Los Angeles

Listing courtesy of Listing Agent: Tracy B Do (tracy@tracydo.com) from Listing Office: Coldwell Banker Realty.

$3,200,000
4 Beds 20 Baths 26875237 MLS
4408 Lockwood represents a compelling value-add opportunity for a new owner to capture significant embedded upside with a substantial head start already in place. Current ownership has already turned ten of the property's twenty units and invested in major capital improvements including a new roof, plumbing upgrades, upgraded electrical, and a bolted foundation reducing near-term capex risk for a new buyer. The property is currently operating at a 6.04%cap rate and 9.17 GRM on in-place rents, reflecting an approximately 22.2% loss to lease relative to market. By continuing to turn the remaining units and capturing existing loss to lease, a new owner can grow NOI by roughly 47% and drive returns to an 8.85% cap rate and 7.18 GRM on a market basis.

4408 Lockwood Ave, Los Angeles

Courtesy of Dover Management Corp., Douglas Steinriede - CA DRE#00284936

$3,200,000
4 Beds 20 Baths 26875237 MLS
4408 Lockwood represents a compelling value-add opportunity for a new owner to capture significant embedded upside with a substantial head start already in place. Current ownership has already turned ten of the property's twenty units and invested in major capital improvements including a new roof, plumbing upgrades, upgraded electrical, and a bolted foundation reducing near-term capex risk for a new buyer. The property is currently operating at a 6.04%cap rate and 9.17 GRM on in-place rents, reflecting an approximately 22.2% loss to lease relative to market. By continuing to turn the remaining units and capturing existing loss to lease, a new owner can grow NOI by roughly 47% and drive returns to an 8.85% cap rate and 7.18 GRM on a market basis.

4408 Lockwood Avenue, Los Angeles

Listing courtesy of Listing Agent: Douglas Steinriede (listings@doverla.com) from Listing Office: Dover Management Corp..

$2,500,000
GD26180880 MLS
Rare opportunity to own a well-maintained 5-unit income property in the heart of Los Angeles! The property offers a total of 3,042 square feet, 8 uncovered parking spaces, and an attractive unit mix consisting of 2 three-bedroom/1-bath units, 1 two-bedroom/1-bath unit, and 2 one-bedroom/1-bath units. All units were upgraded approximately four months ago and feature refreshed interiors, updated flooring, bright kitchens with white cabinetry, modern hardware, and ceiling fans. The property offers a functional layout with ample parking and strong rental potential. Ideally located near shops, dining, entertainment, and major Los Angeles destinations, this is an excellent opportunity for an investor seeking a recently upgraded multi-unit property in a desirable Los Angeles location.

5253 Fountain Avenue, Los Angeles

Listing courtesy of Listing Agent: Charlie Kachian (ckachian@gmail.com) from Listing Office: JohnHart Real Estate.

$2,195,000
26874737 MLS
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant - tear down- 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

4149 Melrose Ave, Los Angeles

Courtesy of Nourmand & Associates-HW, Christopher Furstenberg - CA DRE#01208924

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

4149 Melrose Ave, Los Angeles

Courtesy of Nourmand & Associates-HW, Christopher Furstenberg - CA DRE#01208924

$2,195,000
26874737 MLS
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant - tear down- 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

4149 Melrose Avenue, Los Angeles

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

$2,195,000
26874731 MLS
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

4149 Melrose Avenue, Los Angeles

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

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

4149 Melrose Avenue, Los Angeles

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

$599,000
2 Beds 1 Baths 26869441 MLS 1222-1224 N Hoover St HOA BLDG.
Perched atop a boutique Spanish fourplex in the heart of Silver Lake, this charming two bed, one bath home combines timelessness with modern comfort. Classic character meets thoughtful updates with wide plank hardwood floors, new windows, mini-splits, and butcher block countertops. An open floor plan provides a spacious living and dining room with ample windows that bathe the room in natural light. Off the living room is a covered balcony, perfect for enjoying your morning coffee. The bright kitchen features original wood cabinetry complemented by additional pantry storage, while French doors lead you down a hallway lined with built-ins. The full bathroom includes a soaking tub for deep relaxation, and the primary bedroom offers both a wardrobe and closet for organization without sacrificing space. In unit laundry and a new tankless water heater provide all the comforts of modern living. Down the stairs from the back door is your assigned parking space. Head outside and you're in the heart of Silver Lake, moments from all that Sunset Junction, Virgil Village and Los Feliz have to offer. Grab a bite at favorite local eateries Sqirl, Breakfast by Salt's Cure, a coffee at Intelligentsia, or head to Erewhon for a smoothie. Have dinner at Found Oyster or Saffy's, then meet friends for drinks at Akbar, 4100, El Cid, or any number of the neighborhood's beloved cocktail spots. A classically elegant home situated in the middle of it all.

1224 1/2 N Hoover St, Los Angeles

Courtesy of Compass, Hope Steinman-Iacullo - CA DRE#02224431

$599,000
2 Beds 1 Baths 26869441 MLS
Perched atop a boutique Spanish fourplex in the heart of Silver Lake, this charming two bed, one bath home combines timelessness with modern comfort. Classic character meets thoughtful updates with wide plank hardwood floors, new windows, mini-splits, and butcher block countertops. An open floor plan provides a spacious living and dining room with ample windows that bathe the room in natural light. Off the living room is a covered balcony, perfect for enjoying your morning coffee. The bright kitchen features original wood cabinetry complemented by additional pantry storage, while French doors lead you down a hallway lined with built-ins. The full bathroom includes a soaking tub for deep relaxation, and the primary bedroom offers both a wardrobe and closet for organization without sacrificing space. In unit laundry and a new tankless water heater provide all the comforts of modern living. Down the stairs from the back door is your assigned parking space. Head outside and you're in the heart of Silver Lake, moments from all that Sunset Junction, Virgil Village and Los Feliz have to offer. Grab a bite at favorite local eateries Sqirl, Breakfast by Salt's Cure, a coffee at Intelligentsia, or head to Erewhon for a smoothie. Have dinner at Found Oyster or Saffy's, then meet friends for drinks at Akbar, 4100, El Cid, or any number of the neighborhood's beloved cocktail spots. A classically elegant home situated in the middle of it all.

1224 1/2 N Hoover Street, Los Angeles

Listing courtesy of Listing Agent: Hope Steinman-Iacullo (hope@dear-la.com) from Listing Office: Compass.

$2,595,000
SB26176851 MLS
PRICE JUST DROPPED TO SELL!! ONE OF A KIND — OFFERED FOR SALE FOR THE FIRST TIME SINCE ITS 2018 CONSTRUCTION. Five individual homes across three detached buildings on a single 7,961 square foot East Hollywood lot — a modern five-home compound of a kind this neighborhood has not seen built in decades. THE HOMES: Two two-story duplex buildings hold four oversized one-bedroom, two-bath residences of 1,010 to 1,073 square feet — nearly double the footprint of the typical East Hollywood one-bedroom — each a townhome-style layout with a bath on each level, its own garage, central heat and air, in-unit washer and dryer, and dishwasher. A fully detached 1,291 square foot two-bedroom, two-bath house with two assigned parking spaces completes the compound. Every home lives like a house: three separate buildings, no shared lobbies, no long corridors. WHY IT IS RARE: Built ground-up in 2018, the property sits entirely outside the LA Rent Stabilization Ordinance — ZIMAS confirms no RSO by APN — and the AB 1482 new-construction exemption keeps it outside statewide caps until roughly 2033. Nearly every competing five-unit nearby dates from 1912 to 1961. No soft-story retrofit, no galvanized plumbing, no knob-and-tube: the capital-expenditure profile of a new building carrying the income of five homes. THE OPPORTUNITY: A turn-key income property for an exchange buyer on a deadline or a long-horizon private investor — and a possible path for an owner to occupy one home while the other four produce income, subject to existing tenancies. At five doors, it is also an approachable first income property. One owner since construction, professionally managed from day one, with complete work order and collections records that demonstrate diligence to the buyer. THE LOCATION: Virgil Village adjacent, between Silver Lake and the Hollywood studio corridor — a short walk to the Metro B Line at Vermont and Santa Monica, minutes to Sunset Junction and Los Feliz. NEXT STEP: Offering Memorandum, measured floor plans, and lease files available upon request.

4635 Lexington Avenue, Los Angeles

Listing courtesy of Listing Agent: Eric Cuevas (team@bauhaus.la) from Listing Office: Bauhaus Group.

$1,799,000
9 Beds 4 Baths 26871773 MLS
"A stabilized, fully renovated Hollywood cash-flow asset with low maintenance, immediate tax advantages, and premium tenant appeal. "This is a VERY strong 1031 exchange product if marketed correctly. THIS PROPERTY CHECKS ALL THE BOXES: Fully remodeled Stable income Market rents Low maintenance Washer/dryer in units Strong Hollywood location Potential vacant delivery Turn-key asset1031 exchange friendly Attractive tenant profile REAL story. PERFECT BUYERS: 1031 exchange buyers Passive income buyers Small multifamily investors "Doctor/lawyer" investors First-time apartment buyers "A fully renovated, low-maintenance Hollywood multifamily asset requiring minimal capital expenditure. "THE BEST ANGLE = LOW HEADACHE Most investors today: DO NOT want renovation This is what current investors want: stable income easy management no deferred maintenance THIS property fits PERFECTLY. Fully Renovated Hollywood Fourplex Turn-Key 1031 Exchange Opportunity 801 N Alexandria Ave presents a rare opportunity to acquire a fully renovated and stabilized Spanish-style fourplex in one of Los Angeles' most desirable rental submarkets. Located just blocks from Los Angeles City College (LACC), this turn-key asset offers strong in-place income, low maintenance ownership, and excellent long-term investment fundamentals. The property consists of four upgraded residential units featuring: Modern kitchens with quartz countertops Soft-close cabinetry Hansgrohe fixtures Stainless steel appliances Recessed lighting with dimmers Updated bathrooms with Kohler fixtures Hardwood-style flooring In-unit washer & dryers Ductless AC & heating systems New dual-pane windows New exterior paint Iron security features Water-efficient landscaping The property is currently 100% leased at market rental rates, providing immediate stable cash flow. Additionally, the front 2-bedroom / 1-bath unit at 801 N Alexandria may potentially be delivered vacant at close, creating flexibility for owner occupancy or rental repositioning. Investors appreciate: Low-maintenance operation Minimal deferred maintenance Strong tenant demand Hollywood rental market exposure Potential tax depreciation benefits Ideal 1031 exchange replacement opportunity Located near Hollywood, Koreatown, Silver Lake, Downtown Los Angeles, and major employment centers, the property benefits from one of the strongest renter-driven markets in Los Angeles. Buyer to verify all information and potential vacancy delivery. PRICE IT AS "TURN-KEY PREMIUM" Letting ALL KNOW, WHAT IS IS NOT!! This is NOT a fixer. old fourplexes deferred maintenance buildings headache assets "No renovation needed." That saves investors: -time -money -stress. modern kitchens washer/dryer lighting Spanish exterior "100% leased" "market rents" "Fully renovated Hollywood fourplex with stable cash flow and almost ZERO maintenance" THE PSYCHOLOGY: Most investors right now are scared of: construction costs permits vacancies This Property solves ALL 3. MAIN HEADLINE: "Turn-Key Hollywood Fourplex Stable Cash Flow + Low Maintenance + 1031 Exchange Ready" "Rare combination of renovation quality, stable income, and operational simplicity." "One of the few truly turn-key fourplexes currently available in Hollywood. "LOW HEADACHE OWNERSHIP EQUAL TO MOST EXTREMELY valuable in Los Angeles today Real Estate Market.

801 N Alexandria Ave, Los Angeles

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

$5,795,000
21 Beds 27 Baths 26869087 MLS
A rare opportunity to acquire a newly constructed nine unit multifamily property in the heart of Hollywood. The property is comprised of six expansive 3 bed / 4 bath tri-level townhomes and three ADUs, offering projected annual rental income of approximately $403,200 and an over 5% projected cap rate. The property combines strong income potential with the benefits of newer construction and long term rental appeal. Designed with a level of detail rarely found in traditional multifamily construction, the residences offer generous floor plans and elevated finishes throughout. Interiors feature Tundra marble countertops, custom cabinetry, premium kitchen appliances, in unit washers and dryers and individually designed bathrooms with hand selected tile, glass shower enclosures and Calacatta marble vanities. Oversized windows bring in abundant natural light while private balconies and expansive living spaces give the townhomes a more residential feel. The exterior is equally considered with smooth stucco, wood inspired cladding, expansive glazing, architectural lighting and landscaped grounds. Separate utility metering and newer building systems provide additional ease of ownership and help position the property as a compelling long term investment. Ideally located near some of Hollywood's best dining, shopping and entertainment, the property offers a rare combination of scale, design, income and turnkey appeal in one of Los Angeles' most active rental markets.

923 N Mariposa Ave, Los Angeles

Courtesy of The Oppenheim Group, Inc., Kane Kaijun Lim - CA DRE#02051343

$1,799,000
9 Beds 4 Baths 26871773 MLS
"A stabilized, fully renovated Hollywood cash-flow asset with low maintenance, immediate tax advantages, and premium tenant appeal. "This is a VERY strong 1031 exchange product if marketed correctly. THIS PROPERTY CHECKS ALL THE BOXES: Fully remodeled Stable income Market rents Low maintenance Washer/dryer in units Strong Hollywood location Potential vacant delivery Turn-key asset1031 exchange friendly Attractive tenant profile REAL story. PERFECT BUYERS: 1031 exchange buyers Passive income buyers Small multifamily investors "Doctor/lawyer" investors First-time apartment buyers "A fully renovated, low-maintenance Hollywood multifamily asset requiring minimal capital expenditure. "THE BEST ANGLE = LOW HEADACHE Most investors today: DO NOT want renovation This is what current investors want: stable income easy management no deferred maintenance THIS property fits PERFECTLY. Fully Renovated Hollywood Fourplex Turn-Key 1031 Exchange Opportunity 801 N Alexandria Ave presents a rare opportunity to acquire a fully renovated and stabilized Spanish-style fourplex in one of Los Angeles' most desirable rental submarkets. Located just blocks from Los Angeles City College (LACC), this turn-key asset offers strong in-place income, low maintenance ownership, and excellent long-term investment fundamentals. The property consists of four upgraded residential units featuring: Modern kitchens with quartz countertops Soft-close cabinetry Hansgrohe fixtures Stainless steel appliances Recessed lighting with dimmers Updated bathrooms with Kohler fixtures Hardwood-style flooring In-unit washer & dryers Ductless AC & heating systems New dual-pane windows New exterior paint Iron security features Water-efficient landscaping The property is currently 100% leased at market rental rates, providing immediate stable cash flow. Additionally, the front 2-bedroom / 1-bath unit at 801 N Alexandria may potentially be delivered vacant at close, creating flexibility for owner occupancy or rental repositioning. Investors appreciate: Low-maintenance operation Minimal deferred maintenance Strong tenant demand Hollywood rental market exposure Potential tax depreciation benefits Ideal 1031 exchange replacement opportunity Located near Hollywood, Koreatown, Silver Lake, Downtown Los Angeles, and major employment centers, the property benefits from one of the strongest renter-driven markets in Los Angeles. Buyer to verify all information and potential vacancy delivery. PRICE IT AS "TURN-KEY PREMIUM" Letting ALL KNOW, WHAT IS IS NOT!! This is NOT a fixer. old fourplexes deferred maintenance buildings headache assets "No renovation needed." That saves investors: -time -money -stress. modern kitchens washer/dryer lighting Spanish exterior "100% leased" "market rents" "Fully renovated Hollywood fourplex with stable cash flow and almost ZERO maintenance" THE PSYCHOLOGY: Most investors right now are scared of: construction costs permits vacancies This Property solves ALL 3. MAIN HEADLINE: "Turn-Key Hollywood Fourplex Stable Cash Flow + Low Maintenance + 1031 Exchange Ready" "Rare combination of renovation quality, stable income, and operational simplicity." "One of the few truly turn-key fourplexes currently available in Hollywood. "LOW HEADACHE OWNERSHIP EQUAL TO MOST EXTREMELY valuable in Los Angeles today Real Estate Market.

801 N Alexandria Avenue, Los Angeles

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

$5,795,000
21 Beds 27 Baths 26869087 MLS
A rare opportunity to acquire a newly constructed nine unit multifamily property in the heart of Hollywood. The property is comprised of six expansive 3 bed / 4 bath tri-level townhomes and three ADUs, offering projected annual rental income of approximately $403,200 and an over 5% projected cap rate. The property combines strong income potential with the benefits of newer construction and long term rental appeal. Designed with a level of detail rarely found in traditional multifamily construction, the residences offer generous floor plans and elevated finishes throughout. Interiors feature Tundra marble countertops, custom cabinetry, premium kitchen appliances, in unit washers and dryers and individually designed bathrooms with hand selected tile, glass shower enclosures and Calacatta marble vanities. Oversized windows bring in abundant natural light while private balconies and expansive living spaces give the townhomes a more residential feel. The exterior is equally considered with smooth stucco, wood inspired cladding, expansive glazing, architectural lighting and landscaped grounds. Separate utility metering and newer building systems provide additional ease of ownership and help position the property as a compelling long term investment. Ideally located near some of Hollywood's best dining, shopping and entertainment, the property offers a rare combination of scale, design, income and turnkey appeal in one of Los Angeles' most active rental markets.

923 N Mariposa Avenue, Los Angeles

Listing courtesy of Listing Agent: Kane Kaijun Lim (kane@ogroup.com) from Listing Office: The Oppenheim Group, Inc..

$2,250,000
10 Beds 6 Baths 26869477 MLS
KW Commercial is pleased to exclusively present 832 Hyperion Avenue, a rare six-unit multifamily investment opportunity prominently situated atop the Silver Lake Hills in one of Los Angeles' most desirable and supply-constrained rental submarkets. Offered for sale for the first time in more than a decade, the property represents the opportunity to acquire a generationally owned asset combining classic California architecture, recent capital improvements, and compelling long-term value-add potential. Constructed in 1924, the property is an outstanding example of California Spanish bungalow architecture, consisting of three charming duplex-style buildings thoughtfully positioned across a 7,643-square-foot LARD2-zoned parcel. The property comprises approximately 4,785 square feet and features four spacious two-bedroom, one-bathroom residences and two one-bedroom, one-bathroom residences. Its duplex configuration creates a true neighborhood feel, offering residents an uncommon level of privacy that closely resembles single-family living. Many residences retain their original architectural character while benefiting from extensive modernization. Five of the six apartments have been remodeled within the past five years, featuring updated kitchens with stainless steel appliances, modern cabinetry and countertops, renovated bathrooms, hardwood flooring, abundant natural light, and thoughtfully designed living spaces. Five residences enjoy private yards or patios, while several units capture sweeping hillside and city views, creating a highly desirable indoor-outdoor living experience rarely found in comparable multifamily properties. Additional amenities include on-site laundry, four off-street parking spaces, and a substantial basement storage area beneath the center building. Ownership has completed numerous capital improvements, including a new roof (2024), updated exterior stairs and deck, foundation improvements, mini-split HVAC installation, and newer water heaters. The property is also separately metered for gas and electricity, providing operational efficiencies and reducing landlord utility expenses. Ideally located just south of Sunset Boulevard, residents enjoy immediate access to Sunset Junction, the Silver Lake Reservoir, Virgil Village, and the neighborhood's renowned collection of acclaimed restaurants, cafes, boutiques, nightlife, and entertainment. The property's exceptional walkability and quintessential Silver Lake setting continue to drive strong tenant demand among young professionals and creative residents seeking one of Los Angeles' premier lifestyle neighborhoods. Beyond its attractive in-place income and recent improvements, 832 Hyperion Avenue offers meaningful long-term upside. The property's duplex-style layout, individual entrances, private outdoor spaces, and townhouse-like feel make it an exceptional candidate for a future Tenancy-in-Common (TIC) conversion, presenting investors with an additional avenue for value creation. Combining architectural charm, modernized interiors, recent capital improvements, and one of Los Angeles' most coveted locations, 832 Hyperion Avenue represents a rare opportunity to acquire a truly distinctive Silver Lake investment asset.

832 Hyperion Ave, Los Angeles

Courtesy of KW Commercial Studio City, Nick Astrupgaard - CA DRE#01893466

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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.