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$2,490,000
6 Beds ⋅ 4 Baths ⋅ 26857187 MLS
3 UNITS. Main home and two income cottages with private access from street below. One cottage vacant. 1458 Sutherland is a fulled gated and fenced compound with 3 detached units, each with dedicated street access and addresses. Situated on slightly over half an acre in the Echo Park foothills adjacent to Elysian Park this private property offers views over the rooftop from elevated patio of the Hollywood sign and adjacent greenbelt. In the early 80's, a well known Silverlake/Echo Park realtor, Stephen Scott, came across an empty lot with a tarp over an old VW minivan. Steve purchased the land and hired Jose M. Cedeno, AIA, who was famous for designing high-vaulted ceiling architectural homes throughout the area. Between 1983-84, Steve worked with Cedeno at 1458 Sutherland and built his dream house using only choice materials. The main residence, 1458 Sutherland is a 1900sf, 2 bed home. It boasts soaring wood ceilings, open original kitchen, beautiful Spanish tile floors and glass doors opening to the private, expansive deck with views to the Santa Susana mountains. Two artistic fireplaces, brick work and fine wood detailing are some of the well-maintained finishing touches. Additionally, a well thought layout, tucks the sleeping areas quietly away from the main living/entertaining space. The original owner loved cacti and desert landscape, varieties were brought in along with proper soil and evidence of his love of cacti gardens can be seen throughout the grounds. When Steve chose to relocate to Palm Springs, the current (second) owners fell in love with the design and privacy. The new owners, one a renowned anthropology professor at USC, enjoyed many elysian years here with the proximity of Music Center, Dodgers Stadium, dog walks in Elysian Park, and many USC parties including receptions for Jane Goodall. In addition to the main structure, the property has two income cottages, each 2 bed, with access and parking on Scott Avenue. Rock pathways wind from Sutherland down to the cottages at the street below giving all homes access to outdoor space. A row of six garages on Scott Ave. has a fourth address attached to it which could have potential for additional income unit/ADUs.

1458 Sutherland St, Los Angeles

Courtesy of The ONE Luxury Properties, Tracy Fink - CA DRE#01440003

$1,380,000
SR26149001 MLS
STANDARD SALE...... BEAUTIFUL 3 HOUSES..... on 11,000 SQFT LOT. Don't missed this great opportunity to own this 3Plex. The units are divided with privacy for each of them with their own patio and entrance. located in the heart of Sylmar this property has a great location in a wonderful neighborhood and should NOT be missed close to FWYS 210,5,405 and 118 Fwy, shops, schools, parks located. these units each have their private yard, perfect for investor who is looking for good income, ALL 3 units have 2 Bedrooms and 1 bathroom each.. unit has own Gas meter, Electric meter and the most important 2 WATER Meters and the tenants pay water bill, 2 units was remodeled 5 years ago and the third unit was built 3 years ago with great laminate flooring, New kitchen with granite counter tops and HVAC central. Don't miss this great opportunity, Seller will credit to the buyer 540K for relocation or closing cost.

15057 Paddock, Los Angeles

Listing courtesy of Listing Agent: Bulmaro Jarquin (marojarquin@oaxrealtyinc.com) from Listing Office: Oax Realty Inc..

$1,400,000
8 Beds ⋅ 4 Baths ⋅ 26857199 MLS
Rare development opportunity, LAR4-1 zoning, TOC Tier 3 designation, steps from MacArthur Park Metro Station. 7,870 SF rectangular lot. Est. ~33 buildable units with a density bonus, increased FAR, and potentially eliminated parking per AB 2097, subject to City review and independent verification. Existing improvements: 4-unit residential building built 1921 (approx. 4,835 SF). Sold strictly AS-IS. Owner-occupied unit delivered vacant at close of escrow. Three units tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and California's Tenant Protection Act (AB 1482). All three tenancies transfer to the buyer at close of escrow. Unit 3 currently operates as a licensed family daycare home. SB 234 protections may apply. Buyer strongly advised to retain qualified RSO and land use legal counsel prior to making an offer. All development figures are estimates only. Buyer to independently verify all assumptions with a licensed architect and the City of Los Angeles. Seller and listing brokerage make no guarantees regarding development potential, tenant status, or future financial performance. Equal Housing Opportunity.

446 S Bonnie Brae Street, Los Angeles

Listing courtesy of Listing Agent: Edit Benyi (EditBenyiRealtor@gmail.com) from Listing Office: Coldwell Banker Envision.

$5,500,000
12 Beds ⋅ 24 Baths ⋅ 26857413 MLS
644 Normandie Townhomes, a 2019 construction 13 unit luxury apartment building located in the heart of one the Los Angeles' most sought-after neighborhoods. The Townhomes are comprised of twelve large 1+1.5 townhomes and one studio+1 bath ADU (accessory dwelling unit). The Townhomes have modern interiors with many amenities including: custom Italian-style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private patios with sweeping city views. Each of the townhome units are three stories with the bedroom on the ground floor, the living room and kitchen on the second floor, and the mezzanine and private patio on the third floor. The building features 13 parking spaces in a private subterranean gated garage. The units are all individually metered for gas and electric, allowing the Landlord to bill back the tenants for their utilities. All units have high ceilings with large, premium double-paned windows which gives the units excellent natural light.

644 N Normandie Avenue, Los Angeles

Listing courtesy of Listing Agent: Joshua Luchs (Josh.Luchs@Kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$1,125,000
IV26146775 MLS
***DELIVERED VACANT*** Excellent duplex opportunity in the heart of Los Angeles! Located at 1503 W. Adams Blvd, this income-producing property features two spacious units, each offering 3 bedrooms and 2 bathrooms. Ideal for an owner-user looking to live in one unit and generate rental income from the other or for an investor seeking a strong income-producing property in a high-demand area. Both units offer generous open-concept living and dining areas, functional kitchens with ample cabinet and countertop space, and well-sized bedrooms. Recent updates include refreshed interior paint, modern neutral finishes, updated lighting, and attractive flooring that creates a bright and inviting feel throughout. The property also features a long driveway leading to four parking spaces and storage shed. Each unit also features its own indoor washer and dryer hookups, providing added comfort and functionality for tenants or owner-occupants. Centrally located with easy access to shopping, dining, schools, parks, public transportation, and major freeways, this property offers convenience and excellent rental appeal. Don't miss this fantastic opportunity to own a versatile duplex in a prime Los Angeles location!

1503 W Adams, Los Angeles

Listing courtesy of Listing Agent: JORGE CASAS (jorgec@ehomesteam.com) from Listing Office: ehomes.

$975,000
2 Beds ⋅ 4 Baths ⋅ 26856413 MLS
Discover this exceptional four unit bungalow court, featuring 3 detached structures on a single lot. This classic early 20th-century Southern California design offers maximum privacy as none of the units share adjoining walls. One unit is currently vacant and a second residence can be delivered vacant, providing an immediate opening for either a primary resident or a savvy investor. The property is equipped with three individual gas and electric meters, ensuring simplified utility management. Situated on a wide, well-maintained street, the site includes ample onsite and offsite parking, a front yard and a patio deck in the back yard. With LCR320 Zoning, there may be potential to increase density by adding more dwellings. Property is less than 4 miles from Align Sutton Recreation Center, Intuit Dome, SoFi Stadium, Hollywood Park, Kia Forum and YouTube Theater. Do not miss this versatile real estate opportunity!

11233 Raymond Avenue, Los Angeles

Listing courtesy of Listing Agent: Claudia Ghazanfary (claudiaghaz@gmail.com) from Listing Office: Call It Closed International,Inc.

$849,900
SB26136713 MLS
Excellent opportunity to own this income producing 2,755 square feet duplex situated on 6,000 sq feet lot with 2 car garage, gated entrance, and a long driveway providing ample additional parking. ONE STORY 4BEDROOM 2BATHROOM FRONT UNIT (232 E 47TH STREET) offers spacious garden like front yard with mature avocado tree. ADDED IN 2015 WITH PERMITS, 2 STORY 3BEDROOM 3BATHROOM REAR UNIT (234 E 47TH STREET) has a private back yard paved with concrete allowing privacy and parking for several vehicles. Both Units have functional floor plans, inside laundry areas, granite counter tops, and separate gas and electric meters. Property has strong in place rents with long standing reliable tenants and might qualify for additional JADU/garage conversion to provide another income venue. (Buyer and Buyer's agent have to exercise their own due diligence with City of LA). Seller might be able to deliver the back unit vacant, but GIVES NO GUARANTEE. Close proximity to all major freeways and downtown LA provides a great potential for a long term real estate investment.

232 E 47th, Los Angeles

Listing courtesy of Listing Agent: Yevgeniya Kharkats (southbay@itshome4you.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

$2,100,000
15 Beds ⋅ 14 Baths ⋅ 26855837 MLS
This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.

12717 Matteson Avenue, Los Angeles

Listing courtesy of Listing Agent: Keith Moret (keith.m@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$2,490,000
6 Beds ⋅ 4 Baths ⋅ 26857187 MLS
3 UNITS. Main home and two income cottages with private access from street below. One cottage vacant. 1458 Sutherland is a fulled gated and fenced compound with 3 detached units, each with dedicated street access and addresses. Situated on slightly over half an acre in the Echo Park foothills adjacent to Elysian Park this private property offers views over the rooftop from elevated patio of the Hollywood sign and adjacent greenbelt. In the early 80's, a well known Silverlake/Echo Park realtor, Stephen Scott, came across an empty lot with a tarp over an old VW minivan. Steve purchased the land and hired Jose M. Cedeno, AIA, who was famous for designing high-vaulted ceiling architectural homes throughout the area. Between 1983-84, Steve worked with Cedeno at 1458 Sutherland and built his dream house using only choice materials. The main residence, 1458 Sutherland is a 1900sf, 2 bed home. It boasts soaring wood ceilings, open original kitchen, beautiful Spanish tile floors and glass doors opening to the private, expansive deck with views to the Santa Susana mountains. Two artistic fireplaces, brick work and fine wood detailing are some of the well-maintained finishing touches. Additionally, a well thought layout, tucks the sleeping areas quietly away from the main living/entertaining space. The original owner loved cacti and desert landscape, varieties were brought in along with proper soil and evidence of his love of cacti gardens can be seen throughout the grounds. When Steve chose to relocate to Palm Springs, the current (second) owners fell in love with the design and privacy. The new owners, one a renowned anthropology professor at USC, enjoyed many elysian years here with the proximity of Music Center, Dodgers Stadium, dog walks in Elysian Park, and many USC parties including receptions for Jane Goodall. In addition to the main structure, the property has two income cottages, each 2 bed, with access and parking on Scott Avenue. Rock pathways wind from Sutherland down to the cottages at the street below giving all homes access to outdoor space. A row of six garages on Scott Ave. has a fourth address attached to it which could have potential for additional income unit/ADUs.

1458 Sutherland Street, Los Angeles

Listing courtesy of Listing Agent: Tracy Fink (treicy@aol.com) from Listing Office: The ONE Luxury Properties.

$2,499,000
8 Beds ⋅ 8 Baths ⋅ 26857065 MLS
LOCATION, LOCATION!!! Rare opportunity to purchase this amazing building just steps from Beverly Hills. This asset consists of 8 oversized units with rental upside potential Current ownership has done multiple upgrades as well as renovated bathrooms in 4 of the units. Come take advantage of the existing super charming units and add your personal touch to this trophy property. Located on a charming tree-lined street, the building is 7,540 square feet. Residents enjoy a Walk Score of 85 with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Beverly Blvd, 3rd Street and Cedars Sinai next door. The property offers investors a unique opportunity to acquire a well-maintained property in one of Los Angeles' most sought-after neighborhoods with both lifestyle and convenience. Don't miss your chance to own a piece of this thriving community known for culture, entertainment, and first class amenities.

123 N Swall Dr, Los Angeles

Courtesy of Prime Banker Realty, Inc., Leonid Gershkovich - CA DRE#01205638

$4,250,000
21 Beds ⋅ 18 Baths ⋅ 26856983 MLS
Prime 13-Unit Los Feliz Multifamily Building | generates nearly $30,000 per month Gross. |Quiet Cul-de-Sac Street |10 Renovated Units | Secure Gated Parking. Positioned at the private, quiet end of a broad, tree-lined cul-de-sac. Offers a rare combination of exceptional stable income and an irreplaceable "urban oasis" setting. This 10,786-square-foot mid-century multifamily asset features 13 units in one of Los Angeles' most competitive rental corridors, currently generating nearly $30,000 per month in stable gross income. TURNKEY TURN-OVER: 10 out of the 13 units have been extensively upgraded. These light-filled units boast high architectural ceilings, functional modern layouts, and premium finishes that command top-market rents. THE CUL-DE-SAC ADVANTAGE: Unlike typical high-traffic corridor buildings, this property sits on a peaceful, low-traffic cul-de-sac surrounded by mature greenery. This creates a highly secure, private environment that actively drives long-term tenant retention and minimizes vacancy. PREMIUM INFRASTRUCTURE & GATED PARKING: The building features a fully gated perimeter and secure entry. A massive value-add in this supply-constrained market, every unit includes its own dedicated, secure gated parking space and an individual storage unit. Common area laundry facilities provide additional tenant convenience and baseline passive income. BORDER LOCATION DEMAND: Located in a premier pocket of 90027, tenants are walking distance to both Los Feliz Village (Hillhurst & Vermont avenues) and Silver Lake's Sunset Junction/Hyperion retail corridors. The asset offers immediate access to Griffith Park, major employment hubs, and top-tier neighborhood dining. This is a clean, low-maintenance asset primed for long-term appreciation, offering an investor immediate scale and clear upside potential on a peaceful, premier street.

4208 Russell Ave, Los Angeles

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

$3,500,000
30 Beds ⋅ 30 Baths ⋅ 26855479 MLS
Major price reduction! Seller is motivated-bring all offers! Historic Mixed-Use Gem in Boyle Heights. Welcome to The Vinograd, a reimagined 1920s hotel turned character-filled mixed-use building in the heart of Boyle Heights, just east of Downtown LA. This 30-unit property includes 27 residential studios, one 1 bedroom & one 2 bedroom, and 3 street-facing commercial spaces with prime Cesar Chavez Avenue frontage. Select residential units come fully furnished, giving a mix of classic charm and updated finishes. The commercial spaces are ideal for retail or creative office use, benefiting from high visibility, steady foot traffic, and built-in residential clientele. Set in a culturally rich neighborhood near Mariachi Plaza, the Arts District, and local favorites like Guisados, The Vinograd offers strong connectivity via Metro E Line and nearby public transit. A rare blend of history, community, and opportunity. Current GRM is an incredible 7.7 GRM with a cap rate of 8.1%.

2107 E Cesar E Chavez Ave, Los Angeles

Courtesy of The Collective Realty, Will Tiao - CA DRE#01918965

$2,499,000
8 Beds ⋅ 8 Baths ⋅ 26857065 MLS
LOCATION, LOCATION!!! Rare opportunity to purchase this amazing building just steps from Beverly Hills. This asset consists of 8 oversized units with rental upside potential Current ownership has done multiple upgrades as well as renovated bathrooms in 4 of the units. Come take advantage of the existing super charming units and add your personal touch to this trophy property. Located on a charming tree-lined street, the building is 7,540 square feet. Residents enjoy a Walk Score of 85 with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Beverly Blvd, 3rd Street and Cedars Sinai next door. The property offers investors a unique opportunity to acquire a well-maintained property in one of Los Angeles' most sought-after neighborhoods with both lifestyle and convenience. Don't miss your chance to own a piece of this thriving community known for culture, entertainment, and first class amenities.

123 N Swall Drive, Los Angeles

Listing courtesy of Listing Agent: Leonid Gershkovich (leon6868@yahoo.com) from Listing Office: Prime Banker Realty, Inc..

$875,000
IN26148109 MLS
Charming 1920s Mid-City Duplex – Fully Split Utilities & Timeless Character! Located in the highly desirable Mid-City Los Angeles area, this classic 1922 detached duplex seamlessly blends vintage charm with highly sought-after investment features. Rich in original character, the property offers a spacious 3-bedroom, 2-bathroom unit alongside a well-appointed 2-bedroom, 1-bathroom unit, totaling approximately 1,388 square feet of living space. A standout feature for investors is the rare benefit of separate meters for water, gas, and electricity—helping minimize owner utility expenses and maximize efficiency. The property also includes ample on-site parking and private yard spaces for each unit, ideal for outdoor enjoyment and tenant appeal. Additional highlights include a recently installed roof (within the past four months) and excellent potential for future expansion with space to build an ADU (buyer to verify). This is an exceptional opportunity for both owner-users and investors. The property may offer the flexibility for an owner-user to occupy one unit after close of escrow (buyer to verify city relocation requirements and local ordinances). Conveniently located near dining, transportation, and all that vibrant Mid-City has to offer, this property is a rare find combining character, functionality, and upside potential.

4809 Pickford, Los Angeles

Listing courtesy of Listing Agent: JULIUS WARD (Julius@401krealty.com) from Listing Office: 401K Realty.

$975,000
SR26148044 MLS
Beautifully Remodeled Duplex with Immediate Rental Income – Perfect for Owner-Occupants or Investors! Don't miss this exceptional opportunity to own a beautifully remodeled duplex in the heart of Boyle Heights, just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, Union Station, Little Tokyo, and Dodger Stadium. This spacious duplex features approximately 2,576 square feet with a total of 3 bedrooms and 2.5 bathrooms, in each unit. One unit is currently leased to an excellent tenant paying $3,500 per month, providing immediate rental income, while the second unit is ready for an owner-occupant or additional rental income. The property has been extensively renovated with thousands of dollars in recent upgrades, including beautifully remodeled kitchens, new bathrooms, new flooring throughout, modern light fixtures, updated plumbing fixtures, fresh interior finishes, dual-pane windows, high ceilings, private balcony, washer and dryer hookups, private yard, and additional storage. Whether you're looking to live in one unit while the rental income helps offset your mortgage or you're an investor seeking a turnkey income-producing property with future upside, this duplex offers outstanding flexibility and long-term value. Conveniently located near major freeways, restaurants, shopping, schools, parks, and Downtown Los Angeles employment centers. Property Highlights: One unit leased at $3,500/month Second unit delivered vacant Beautifully remodeled throughout Approximately 2,576 sq. ft. 3 Bedrooms | 2.5 Bathrooms Private yard Washer/Dryer hookups Balcony Dual-pane windows Minutes to Downtown Los Angeles Excellent opportunity for owner-occupants and investors alike. Buyer to verify all information, including square footage, permits, rental income, and zoning, to their own satisfaction.

702 S Soto, Los Angeles

Listing courtesy of Listing Agent: Darrick Morgan (smentoring@gmail.com) from Listing Office: HomeSmart Evergreen Realty.

$4,250,000
21 Beds ⋅ 18 Baths ⋅ 26856983 MLS
Prime 13-Unit Los Feliz Multifamily Building | generates nearly $30,000 per month Gross. |Quiet Cul-de-Sac Street |10 Renovated Units | Secure Gated Parking. Positioned at the private, quiet end of a broad, tree-lined cul-de-sac. Offers a rare combination of exceptional stable income and an irreplaceable "urban oasis" setting. This 10,786-square-foot mid-century multifamily asset features 13 units in one of Los Angeles' most competitive rental corridors, currently generating nearly $30,000 per month in stable gross income. TURNKEY TURN-OVER: 10 out of the 13 units have been extensively upgraded. These light-filled units boast high architectural ceilings, functional modern layouts, and premium finishes that command top-market rents. THE CUL-DE-SAC ADVANTAGE: Unlike typical high-traffic corridor buildings, this property sits on a peaceful, low-traffic cul-de-sac surrounded by mature greenery. This creates a highly secure, private environment that actively drives long-term tenant retention and minimizes vacancy. PREMIUM INFRASTRUCTURE & GATED PARKING: The building features a fully gated perimeter and secure entry. A massive value-add in this supply-constrained market, every unit includes its own dedicated, secure gated parking space and an individual storage unit. Common area laundry facilities provide additional tenant convenience and baseline passive income. BORDER LOCATION DEMAND: Located in a premier pocket of 90027, tenants are walking distance to both Los Feliz Village (Hillhurst & Vermont avenues) and Silver Lake's Sunset Junction/Hyperion retail corridors. The asset offers immediate access to Griffith Park, major employment hubs, and top-tier neighborhood dining. This is a clean, low-maintenance asset primed for long-term appreciation, offering an investor immediate scale and clear upside potential on a peaceful, premier street.

4208 Russell Avenue, Los Angeles

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

$865,000
6 Beds ⋅ 6 Baths ⋅ 26856489 MLS
BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.56 GRM and 6.54% CAP Rate on current rents with rental upside potential to a 5.25 GRM and 14.54% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

634 E Adams Blvd, Los Angeles

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

$3,500,000
30 Beds ⋅ 30 Baths ⋅ 26855479 MLS
Major price reduction! Seller is motivated-bring all offers! Historic Mixed-Use Gem in Boyle Heights. Welcome to The Vinograd, a reimagined 1920s hotel turned character-filled mixed-use building in the heart of Boyle Heights, just east of Downtown LA. This 30-unit property includes 27 residential studios, one 1 bedroom & one 2 bedroom, and 3 street-facing commercial spaces with prime Cesar Chavez Avenue frontage. Select residential units come fully furnished, giving a mix of classic charm and updated finishes. The commercial spaces are ideal for retail or creative office use, benefiting from high visibility, steady foot traffic, and built-in residential clientele. Set in a culturally rich neighborhood near Mariachi Plaza, the Arts District, and local favorites like Guisados, The Vinograd offers strong connectivity via Metro E Line and nearby public transit. A rare blend of history, community, and opportunity. Current GRM is an incredible 7.7 GRM with a cap rate of 8.1%.

2107 E Cesar E Chavez Avenue, Los Angeles

Listing courtesy of Listing Agent: Will Tiao (will@tiaoproperties.com) from Listing Office: The Collective Realty.

$2,499,000
P1-27895 MLS
This Hollywood Hills gem offers an exceptional opportunity for both investors and owner-users in the highly sought-after Laurel Canyon neighborhood of Los Angeles. This charming fourplex showcases the timeless character and architectural appeal that make classic Laurel Canyon properties so desirable. Rich with vintage charm and filled with natural light, each residence offers its own sense of privacy and personality while presenting excellent income potential and long-term value. One of the four residences is currently unoccupied, providing immediate flexibility for an owner-user, the opportunity to establish market rents, or a combination of both. Perfectly situated along iconic Laurel Canyon Boulevard, this property is just moments from the Sunset Strip, Hollywood, West Hollywood, and some of Los Angeles' best dining, entertainment, and creative hubs. Enjoy the convenience of being moments from the beloved Canyon Country Store, a neighborhood favorite known for its cafe, market, and quintessential Laurel Canyon atmosphere. This is a rare opportunity to own a character-filled fourplex in the heart of the Hollywood Hills, offering an exceptional blend of location, charm, flexibility, and investment potential.

2024 Laurel Canyon Boulevard, Los Angeles

Listing courtesy of Listing Agent: David Knight (daveknightrealestate@gmail.com) from Listing Office: Keller Williams Realty.

$3,900,000
SB26135648 MLS
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an investor a clear path to substantial future income growth. 694 S Burlington Ave is individually metered for gas and electric, helping reduce utility exposure and improve operating efficiency. Currently, two studio units are being delivered vacant, allowing a buyer to immediately renovate, lease at market rents, and capture upside right away. The building also benefits from diversified income through both residential and retail tenancy, reducing reliance on one income source.

694 S Burlington Avenue, Los Angeles

Listing courtesy of Listing Agent: Cameron Samimi (cameron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

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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.