PLEAS DO NOT CONTACT SELLER. One of the largest lots in Beverly Glen, Welcome to this recently remodeled home that was once the site of the iconic Four Oaks Restaurant that the Los Angeles Times called Romance Under the Trees. The property is an expansive 14K foot lot in the unique community of Beverly Glen, situated along the neighborly walking blocks of Beverly Glen Place and Scenario Lane. This charming Cape Cod / Hamptons-style home is nothing short of magic with bright and welcoming living spaces and even with all of the modern upgrades it maintains its architectural integrity and authenticity. This home boasts the perfect layout. It has recessed lighting, stunning hardwoods throughout, noise canceling windows, dual zone HVAC, beautiful custom wood beamed ceilings, and 3 fireplaces (2 gas, 1 woodburning). The home features marble, quartzite, and granite stone, custom cabinets, a Wolf range, and Bosch double ovens. It also offers 2 kitchens great for entertaining large parties. The beautiful outdoor living space hosts terraced patios, turf putting green, flowered planting beds, and a modest grass lawn. Expansive paved parking and additional land to build a pool and/or guest house takes the property all the way to the next street (Delwood Lane). Just moments from the West Side, Valley, Studios, Beaches, and Top Private Schools this is the perfect retreat without ever leaving Los Angeles. ADU and Pool Rendering are Conceptual.
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Four sunny Silver Lake apartment units are your opportunity to earn income in one of LA's trendiest enclaves. Tucked away on a treelined street, the remodeled triplex + ADU is just a few short blocks from coffee, dining, recreation and services creating an attractive environment for tenants. The vintage exterior circa 1925 pairs seamlessly with tastefully updated and well-maintained interiors, each unique apartment appointed with wood flooring, built-in kitchen appliances, air conditioning, dual-pane windows and in-unit laundry. Two of the apartments feature private outdoor space and all of them enjoy designated off-street parking. Perfectly situated in the center of this desirable neighborhood, everything is within easy reach including the Silver Lake Reservoir with its 2.2 mile recreation loop, Dog Park, Rec Center and Meadow. Trader Joes is nearby along with dining options like LA Mill, Moon Juice, Biscuit and Bean, Piija Palace and so much more.
Spacious Duplex in the heart of Korea Town! The units have been freshly remodeled and in move in condition. Each unit is a 3 bedroom 2 bath (1, 900 SF approximately) that have been tastefully updated. At this property the pictures do all the talking. Gated, onsite parking for up to 6 cars. UNITS ARE VACANT AND READY TO GO! Bring your strong buyers with proof of funds and ability to close.
This Classic Hollywood 4 unit building is ready to produce income for its next owner. Situated at the bottom of the the iconic Hollywood Hills with a view of the Hollywood sign this building is the perfect combination of original Hollywood charm and trendy style. In a highly desirable neighborhood, the building is situated by legendary Beachwood Blvd, on tranquil Graciosa Drive. Off-street parking is available and the property features front fences for additional privacy for tenants. Everything that Hollywood has to offer including but not limited to trendy restaurants, shopping as well as entertainment on the highest levels are at your feet here. Easy access to freeways allow for dynamic mobility. A definite long term money maker. 2 of the units will be sold with the tenants and the other two will be delivered vacant.
Presenting a rare opportunity to acquire this attractive 1992 custom-built and meticulously crafted, 5 unit, city view apartment complex. Located adjacent to the iconic Chinatown, Echo Park and Silverlake areas of Los Angeles, and positioned strategically and conveniently near the #2, #5, #134, #110, e freeways, and rapid transit including the Gold Line and bus routes. It is situated in a trendy and up-and-coming strong rental market amidst DTLA, Silverlake, Dodger Stadium, Echo Park and the Financial District neighborhoods with major employers including USC, Good Samaritan Hospital, Paramount Studios, and the Los Angeles Fashion and Arts Districts, and much more.This property offers an excellent opportunity for discerning homeowners or investors to secure a true value-added asset in a highly coveted locale.Comprising 3 stories with a total building size of 7, 658 sq.ft. per assessor, all units are spacious and the apartment complex boasts a desirable unit mix including an OWNER unit of approx.2, 641 sq.ft.(delivered vacant upon close of escrow with new paint and carpet throughout) featuring a 3br, 3.5bth townhome-style front unit with an office /den(could be used as a 4th bedroom), large recreation room, C/A, spacious laundry area, ample storage rooms, a 2-car attached garage. The laundry and storage rooms with best possibilities for ADU are utility ready with drywalls and windows.Buyer to Investigate feasibility, seller makes no guarantees and no warranties. The remaining 4 units are an ideal mix of two larger (over 1, 100 sq. ft. ea) 3br, 2bth U and two good-sized 2-br, 1-bth U. Each unit boasts an excellent layout, individual water heaters, and separate metering for gas and electricity utilities, ensuring convenience and efficiency. All 4 units are occupied by long-term tenants on month to month leases. Rent comparable reports indicate a positive upside and added investment potential. Property is not under citys Rent Stabilization Ordinance (RSO), but subject to State Rent Control AB1482 and Just Cause Ordinance (JCO). Buyer to investigate, seller makes no guarantees and no warranties. Ample parking includes 3 covered spaces and 5 open parking spaces. Residents benefit from an array of culinary delights, cultural experiences, and artistic exhibitions for investors, owner or professionals, further enriching the allure of this investment opportunity. Now is the time to seize this exceptional offering in one of Los Angeles most dynamic and sought-after neighborhoods. Drive by Only.
Beautifully executed Major Addition and Fully Remodeled Duplex in Frog Town featuring TWO houses gated for privacy. Through the beautiful entry door, guests are greeted by European oak wood floors, 3D wooden wall paneling, open layout, designer Italian kitchen boasting quartz countertops, oversized breakfast bar, and luxurious finishes throughout. Front house features 3 Bedrooms/ 3 full baths, and 1 Powder Room. Next unit 2640, parallel to main house features 3 bedrooms/ 2 full bath and 1 Powder Room. Laundry in each unit. Beautiful long driveway with parking up to 5-6 cars. Complete with an integrated smart home automation, surround sound and security cameras. Entertain year round with fruitful tree, large court yard, cozy converted garage lounge. Family Residential area, walking distance to the LA River Walk Bike Path, Parks, Schools, Places of Worship and 5 minute drive to Downtown LA. Property includes 2642-2640. Agent is part Owner. Buyers to do their own due diligence and verify square footage. Each house has separate electrical meter/gas meter.
Exceptional owner-user potential awaits with this lucrative opportunity. The current owner enjoys a monthly income of $12, 000-$15, 000! Immerse yourself in the grandeur of this vast property, spanning 8, 294 square feet in the lively heart of Hollywood, California. This unique offering includes a captivating front house and two generously sized rear units, each brimming with untapped possibilities. The main residence unfolds with a spacious layout, featuring a total of 10 bedrooms, a meticulously designed kitchen, and 4 modern bathrooms. Simultaneously, the two rear units offer inviting 1-bedroom layouts, equipped with stylish bathrooms, fully appointed kitchens, and the added convenience of separate washer and dryer hook-ups. Parking is abundant, providing 4 covered carport spaces and additional room in the driveway for your utmost convenience. Beyond the property's allure, its strategic location is key. Positioned with precision in proximity to major movie studios, premier shopping destinations, and a plethora of exceptional dining establishments in the heart of Hollywood. Seize this unparalleled opportunity and ensure it doesn't slip away. Whether you're looking for a lucrative investment or a prime owner-user scenario, this property holds the promise of both. Take a look at this incredible price! The reason it's so attractive is because the owner has decided to sell by this Saturday! Act now to make it yours!
First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5, 224 sqft building is offered at only $458/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed Owner's Unit boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers, and wall ACs, while Unit 2 has exclusive access to a sizeable 15' x 35' outdoor patio. Additional features include an on-site laundry room, (4) tandem parking spaces, gated entry, separate meters for gas and electric, and soft-story retrofit was completed in 2021. 3729 Glendon Avenue currently collects ~$12, 000/month and ~$144, 000/year with approximately 28% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 5.50% CAP and 13.01 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA. Inquire about potential Seller Financing.
Wonderful opportunity to own a fully renovated three bedroom, three bathroom home with a spectacular new 800 sq. ft. one bedroom, one bathroom ADU that is completely private and has it's own address. Endless possibilities await for a family to create a compound or to generate extra income by leasing out the ADU. The main residence and ADU features beautiful light flooring throughout, Quartz counter tops in all bathrooms and kitchens. Thermador kitchen appliances and Grohe faucets to name a few of the many high end features. The updates of the property are: two electric vehicle chargers, new roof, tankless water heater, 200 amp electric panel, double paned windows, central heat and air. This charming home is light, bright and lends itself for entertaining with it's open concept kitchen, butcher block island that all flow into the main living areas. The private primary suite has a gorgeous bathroom with double sinks, large soaking tub, and separate shower. In addition to the three bedrooms in the main house, there is an office area for those who like to work from home. The ADU is stunning with high vaulted ceilings, a skylight, large sliders that open out onto it's own private patio. The residence is entirely fenced with an automatic gate opener and there is room for parking multiple vehicles. The location is near Venice Beach, Marina Del Rey, and Culver City with the many restaurants and beach lifestyle in close proximity.
Located in an enchanting tree-lined setting at the end of a quiet cul-de-sac, this dreamy Hollywood Hills residence offers a private and tranquil canyon retreat. The Ranch-style home exudes character with a spacious brick patio, original hardwood floors, and large picture windows that fill the space with radiant natural light. Inside discover an open plan main level with a versatile library or home office with a fireplace, a living room with built-in shelving, and a formal dining room with access out to a wooden deck ideal for entertaining or peaceful days soaking in the California sunshine. The adjacent kitchen with a charming breakfast nook near the bay window is a blank canvas ready for a personal touch. Down the hall are three generous bedrooms with ample closet space and two full baths. Downstairs find a laundry/mud room with direct access to the home's parking which includes an attached two-car garage with a storage room and driveway parking for four additional vehicles. The expansive 14, 013 sq.ft. grounds offer a private and picturesque setting to enjoy unforgettable summer days with a turf lawn, multiple patios, and meandering pathways among lush greenery. Supremely located near the intersection of Laurel Canyon Blvd and Mulholland Drive, mere minutes from both Studio City and West Hollywood, residents enjoy convenient access to premier dining, world-class entertainment, and local amenities, plus nearby parks and hiking trails. Take advantage of this rare opportunity to live out your dream California lifestyle.
Fantastic opportunity. Two Houses on a lot. Desirable financing available assumable loan under 3%. Front House features a newly remodeled 3 bedroom and 2 bath house with a beautiful open kitchen, custom cabinetry, and modern design with top-quality finishes. All appliances are stainless steel and are included. Central air and heat. New Wide-Plank Oak Wood Floors. Recessed lights. Washer and Dryer inside. Large bedrooms with ample closet space. Luxurious bathrooms. Large Living Room and Dining area. Easy parking in the front driveway. EV ready. Private Backyard. Stunning Two-Story ADU back house features brand new construction 2 bedrooms and 2.5 baths. High ceiling. Top-quality finishes. Private gated parking with a backyard area. Must see.
Welcome to your charming new home on 3513 Purdue Ave. Nestled in a quiet street in the middle of West Los Angeles, this home boasts a warm living space and a pristine front yard full of flowers and plenty of greenery. The seller has updated the home with fully paid off solar, a fresh coat of paint on the exterior, and updated vinyl flooring on both the first and second levels of the home. Prepare a delicious dinner on your granite countertops, 6-burner stove and double oven. Enjoy a movie in your family room with access to your outdoor covered patio; complete with included outdoor furniture, a bbq and an outside guest house that has its own bathroom and shower. The garage has room for 1 car and has an attic space with stair for extra storage; and you'll have plenty of room for parking with your gated driveway with Tesla charger; as well as street parking. The primary room has a cozy reading nook; double walk-in closets for his and her, and a well appointed primary bathroom with a soaking tub and dual sinks. The neighborhood is quiet and a welcome reprieve to the bustling LA traffic. However if you want to spend a night on the town you are a few minutes away from world class restaurants, trendy shops, and plenty of parks. Start your family with the renowned schools nearby and escape to your family haven in classic Los Angeles sunshine. Please contact the listing agent for showing details and we look forward to seeing you soon!
Contemporary architectural design triplex! Built in 2017 and NO rent control! This income property is located in Silverlake/ Echo park area. It is around Temple and Filipino historic town and 10 minutes from DTLA. The property was built in 2017, it has a nice floor plan and has newer amenities. All units has a split air conditioning. Two units are 2 bedrooms and 1 bath and 1 bedroom with a loft and1 bath. Each unit has a nice kitchen with granite counters. The floors are wood like ceramic tiles or marble like ceramic tiles. Two units has a balcony. It has 8 parking spaces and security gate. Good income and all in a year to year lease contract. Call today for more details.
We are pleased to present for sale, the epitome of urban living in the Koreatown/Westlake submarket of Los Angeles. The La Fayette Garden Apartments is a 15-unit true-value add building rip for new ownership to renovate and reposition the asset to suit the surrounding area. This wide, tree lined street, is known to be a premier location with the many meticulously renovated buildings owned by some of the largest institutional investors. Owners on La Fayette has historically achieved significantly higher rents than other streets within this submarket because of its charm. La Fayette Gardens features a unit mix of 6 studios and 9 one bedroom/one bath units across +/- 10, 340 square feet of improvements on a +/- 10, 981 square foot lot. The property is listed at $160, 000 per unit which far below what other properties in the area trade for. This gives a buyer cushion to execute their business plan of turning units, renovate and reposition, and the ability to achieve market rents. Other properties on La Fayette that benefit from extensive renovations proves that renters are willing to pay for a superior product on this premier street. The property has a rear parking lot with 12 individual spaces, is individually metered for electricity, master metered for water and sewer, and individually metered for gas (each unit has their own individual water heater). This is a true value-add opportunity with a low cost per unit and square foot, and the ability to add tremendous amount of value. Please contact listing agents for full offering memorandum.
This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2, 400/year and is not included in the gross schedule rent figure. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.
Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a Walker's Paradise. Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking challenges.Each spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7, 536 square feet, offering both charm and a substantial canvas for modern enhancements. Los Angeles Address, not West Hollywood. Smaller parcel is within West Hollywood Vicinity Borders.
An impressively updated and designed 4, 005 SF home situated 10, 302 SF lot size welcomes you in Oxford square for 5 Bedroom+ Family Room +Office and 9 Bath contains 11 PARKING SPACES. Hollywood famous, Oscar-winning actor MARLON BRANDO has owned this property before. This is truly a gem of an opportunity. The most significant 2 story house in the neighborhood, step inside the foyer that leads to the grand and sophisticated living room with a charming wood-burning fireplace leads through double doors to Family Room with a powder room and proceed to the bright new kitchen with brand new appliances, enormous island, with marble counters, custom lighting top-end appliances, fixtures, and dining and w/ adjoining maids + powder room to complete the first-floor living area. Upstairs has also separate 2nd Floor Entrance, discover an enormous Master suite, Master bathroom has skylights with huge customized closets. A balcony on the 2nd level is 2 separate a/c control centers.2 Garages can use as Pavilion, Perfect gym, office, cabana, storage, or 2nd ADU. It is located near Queen Anne Park, schools, shopping, dining, and just minutes from Miracle Mile. Please see updated records on pictures from building and safety and County indicating single-family houses.
Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!! Located in heart of LA's Eastside blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro and bus transportation, shopping, services, and dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking and the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes, and tons of natural light! Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268, 500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com
Charming Triplex in Prime Brentwood! An amazing opportunity to acquire this clean, well-maintained triplex in desirable Brentwood, great for investor or owner occupant! There are 3 units - all with 2 bedrooms (2 with 1.5 baths and 1 with 1 bath). The front unit has been remodeled with beautiful finishes and each unit has own washer/dryer in unit. Lovely fenced yard with garden and community patio to rear of the building, and 3 covered parking spaces - Welcome Home!
Classic mid-century 9-unit apartment building with strong rents and collection history. The building consists of seven -1bedroom 1bath and two -2bedroom 2bath apartments. Soft story retrofit work has been completed. Building offers laundry facilities and 9 parking spaces. Located in the Westside neighborhood of Mar Vista and situated within close proximity to the Silicon Beach tech hub, this area offers access to a vast pool of innovative companies and traditional employers as well as education institutions and government facilities. This creates strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. This location enjoys convenient access to Marina Del Rey, Playa Del Rey, Venice Beach and Santa Monica. It is close to other Westside communities like Westwood and UCLA, Culver City, Beverly Hills, and the general South Bay area of Los Angeles County. This is a legitimate target for investor capital seeking strong income as the pressure on occupancy expands based on the strong employment base in the area. Please contact the listing agent for more information. PLEASE do not disturb tenants or walk on the property.
This special mixed-use investment opportunity offers a chance to purchase two APNs (6339-003-009 and 6339-003-006): a LCC3 zoned building with two retail spaces and eight apartment units, and a parking lot with 20 spaces. Located at 5860 Whittier Blvd, this value-add property is situated in an affordable and growing submarket adjacent to Montebello, just 15 minutes from Downtown Los Angeles. The building spans 8, 868 sq. ft. on a 5, 100 sq. ft. lot and includes a mix of four 1-bed/1-bath units, four studio/1-bath units, and two retail spaces. It is separately metered for gas and electric, with five units featuring outdoor patios. Positioned in the East Los Angeles submarket, the property benefits from proximity to Montebello, South San Gabriel, and major highways such as the 5, 10, 60, 101, and 710, all within a 5-minute drive.
Nestled within the vibrant hills of Echo Park, this distinctive 6-unit building presents an enticing opportunity for both homeowners and investors, boasting captivating vistas of the Downtown Skyline. With a total of 15 bedrooms, 11 bathrooms, and 4150 sq ft of living space, this expansive property is a rare gem, offering a desirable cap rate exceeding 5%. The unit breakdown includes two units featuring 2 bedrooms and 1 bath each, two additional units offering 2 bedrooms and 2 baths each, one unit comprising 3 bedrooms and 2 baths, and a back house unit providing 4 bedrooms and 3 baths. Each unit showcases generous kitchens with an inviting open layout. Recently renovated, the property boasts new flooring, kitchens, bathrooms, fixtures, recessed lighting, appliances, and fresh paint throughout, ensuring modern comfort and style. With separate electrical meters for each unit and parking available for some, this investment promises ample cash flow. Ideally located just minutes away from Downtown Los Angeles, Silver Lake, and Koreatown, residents enjoy easy access to a plethora of amenities and attractions, including Dodger Stadium and the scenic trails of Elysian Park. Enhancing convenience, the complex is gated, while ample parking is provided at the rear of the property. With nearby parks and entertainment options, this dynamic neighborhood offers endless opportunities for leisure and exploration.
Stunning 1963 mid-century modern in the coveted Sunset Plaza neighborhood of the Hollywood Hills. Architectural elegance, breathtaking city and hillside views, and a convenient location just moments away from the world-famous Sunset Strip make this a rare find. Enjoy the authentic charm of original details such as floor-to-ceiling walls of glass in the living and dining areas, parquet flooring, and a modern gas fireplace. Expansive windows flood the home with natural light, enhancing the open and airy feel of the space. The outdoor dining and seating area is perfect for entertaining, offering city views that will leave your guests in awe. This home boasts three spacious bedrooms, three baths, and an office area, making it ideal for both relaxation and productivity. The lower level features a chic bar area with a lounge and outdoor balcony, perfect for hosting gatherings or unwinding after a long day. An elevator from the parking area to each level ensures effortless movement throughout the home. With six off-street parking spaces and its prime location, this property is the perfect retreat for anyone looking to experience the best of Hollywood Hills living. Don't miss this opportunity to own a gorgeous piece of architecture in one of Los Angeles' most desirable locations.
The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. The building is separately metered for both gas and electricity. There are remote security cameras throughout the property that allow ownership 24-hour viewing access. There is an excellent ADU opportunity for this deal with the (8) large tandem parking spaces in the ground-level parking area. In addition, there is a large owner unit-type space that could easily be converted into an ADU space. This is an incredible opportunity to take advantage of LA's need to add more housing and increase capital through building ADUs on land you already own. The property is located in a quiet Hollywood neighborhood that features easy access to transportation, shopping, schools, and major Hollywood attractions. Just down the block is the La Mirada city park which is ideal for kids and a quiet break from city life. There is also ample street parking for visitors or guests. Enjoy the fun and excitement of Hollywood while owning in a quiet Hollywood neighborhood area. There is easy access to the Santa Monica and Hollywood Blvd 101 Freeway off-ramps and exits.
7 units with an assumable loan that is fixed at a 3.150% interest rate until 2027, and part of a 3-building portfolio sale. 1630 S Gramercy Place is a 1980's construction asset that is NOT subject to LA City Rent Control. This 7-unit apartment building is in the middle of centrally located Arlington Heights and boasts a top-heavy unit mix with all 3 Bed/2 Bath units and has 14 on-site and reserved parking spaces for tenants (7 tandem). The property is being offered at an attractive 10.90 GRM and 6.00% cap rate on current rents and operating expenses. Each unit was remodeled and is getting top of the market rent that'll couple perfectly with a low 3.150% interest rate to generate a rare 8% cash on cash return on Day 1. All units have in-unit washer and dryers, and in-unit water heaters to help escape common area gas bills. Tenants are on RUBS for utility reimbursements for water, sewer and trash, and the building is separately metered for gas and electricity which keeps this building operating with low utility bills. Future land value will remain high at this property as time passes for it being located on a 10, 710 SF lot that's zoned LAR3. With the remodeled units, this property will be an easy-to-manage asset to keep for generations with high cash flow, low maintenance and repairs, and minimal upkeep. Can be bought together or separate with 411 Witmer Street and 4046 Nicolet Ave.
We are pleased to present this 5-unit offering in Wellington Square, a historic and great community on the corner of Virginia Road and Washington Blvd. The property has an excellent unit mix consisting of (2) 4 Bed/2 Bath, (2) 3 Bed/1 1/2 Bath, and (1) 2 Bed/1 Bath. The downstairs 4 bedroom is vacant and ready to move in condition. All units have wall A/C and central heating. The subject property sits on a 10, 359-square-foot corner lot zoned LAR3 and built in 1983, with individual electric, gas meters, and water heaters. The building is well-maintained and features on-site laundry, 10 parking spaces, and 3 covered spaces. There is NO soft-story parking required. This is an excellent value-add opportunity for an investor.
Hello Prime Mar Vista! Perfectly perched on a gentle hill, this spacious and updated 3 bedroom, 3 bath view home on a beautiful tree-lined street in the most desirable neighborhood in Mar Vista offers an open floor plan with split-level design, gorgeous wide-plank hardwood floors, crown moldings, central air conditioning, large kitchen with breakfast bar, Carrara marble countertops and accent tile. A huge den/family room features vaulted wood ceilings, fireplace and lounge deck. The primary bedroom includes a large walk-in closet and en-suite bathroom. Also located on the main level another light-filled bedroom and 2nd bathroom. On the lower level the 3rd bedroom, also perfect as a private office or creative flex space includes ensuite bathroom, generous closet space and a separate entrance with sliding glass door. A beautifully landscaped back yard features a large patio, custom concrete fire pit with built-in seating and a cozy pergola swing! Detached two-car garage with architectural drawings for an ADU plus extra parking complete the lower level of the property. A new roof and refrigerator also recently added. Enjoy the comfortable and thoughtful floor plan as offered, or add a second story to take full advantage of unobstructed city light views of the Westside to the ocean! This fabulous property is ideally located near a plethora of services, shopping and restaurants and easily accessible to Venice, Marina Del Rey, Santa Monica, Culver City, DTLA. Welcome Home!
Pride in Ownership! Opportunity for Owner/User Occupancy. This Charming 4 unit Spanish Revival has One 3 Bed/ 3.5 Bath which is the entire bottom floor of the building. Upstairs is: One 1 Bed/1.5 Bath unit; One 1 Bed/1 Bath unit and One Studio with 1 Bath. There are Two detached 2 car garages in the back of the building along with 3 uncovered parking spaces for a total of 7 car parking on the property.
USC Student housing investment opportunity! 6.1% CAP rate and 12.44 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4, 680 Sq. Ft. and sits on a 6, 708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. Buyer to verify all information Please do not disturb tenants, drive by only.
Welcome to this 4 bedroom 3.5 bathroom home, sitting in a gated community in Culver City. This property presents a rare opportunity for home ownership in a highly desirable neighborhood. Ideal for someone who works in the movie industry as its only minutes away from the movie studios. Conveniently located close to schools, freeways, LA Metro, and only 9 minutes away from Venice Beach and 25 min away from Downtown L.A! Upon entering the property, youll be greeted by the spacious foyer with a view of the high ceilings and direct access to your formal living area! The formal living area has high ceilings, crown molding, plantation shutters, and a cozy tile fireplace. Walk towards the chef's kitchen that showcases granite countertops, an expansive island with its own sink, lots of wooden cabinetry, space for a breakfast table, a walk-in pantry, and immediate access to your backyard. This home has three full bathrooms featuring beautiful tile placed throughout and plenty of cabinet space. The family room has space for a bar area along with a small sink, great cabinet space, and, best of all, another fireplace! The Master Bedroom has excellent close space, a walk-in closet, and a second mirror-sliding closet. It also features the third fireplace the property has, hardwood flooring, high ceilings, and your own loft, plus a balcony. A master bathroom that has not only dual sinks but also room for a vanity, a spacious bathtub, a walk-in shower, and high ceilings. Upstairs hosts three generously sized bedrooms, complemented by mirrored closets, hardwood flooring, and plantation shutters throughout. Outback, enjoy the private backyard with plenty of privacy. A spacious two-car garage along with a driveway for parking space.
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