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Los Angeles County Multi-Family Properties for Sale

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Newest Los Angeles County Multi-Family Homes for Sale

$799,000
GD26193878 MLS Active Status
Excellent price!!! Investor's delight added value fixer opportunity in Monrovia in (Unincorporated area of Los Angeles County) , this property is all vacant giving the new owner the opportunity to freely do any improvements and make corrections to add value. Cash offers preferred. All showing is by appointment only with listing agent. This property is being sold in its AS-IS condition. This property is within 1/4-mile radius of around million-dollar home sales. . Front house is facing Benrud Street, it is vacant and has its own side yard area, and its own private garage, plus its own driveway and it is 2 bedrooms 1 bath, this house which is in a separate building by itself. Back unit 203 1/2 is in a separate building, is also a 2-bedroom 1 bath, remodeled, this unit does not have final permits as a unit according to the city's records. But the tax assessor records show it as 2 units. The garage was converted to a unit, called 203 B , without any city permits, and it is 1 bedroom 2 bath. The upstairs unit has new designer vinyl flooring, new tile kitchen cabinets, new sink and faucet and under sink piping, new painting in all the rooms. It also has new vinyl window, in the living room. New water heater and new electrical panels serving all 3 units and with new conduits. There is one Gas, Electrical, and Water meter for all units. Bring your architects and explore all your expansion & ADU and renovation possibilities.

203 Benrud Street, Monrovia

$1,499,000
9 Beds 6 Baths 26970895 MLS Active Status
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Avenue, Los Angeles

$2,400,000
PW26193701 MLS Active Status
Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property is surrounded by ongoing new development. Nearby comparable sales have traded at approximately $3,100,000 and $3,700,000, providing additional context for the property's long-term value potential. The property features an attractive unit mix consisting of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit. Spacious layouts range from approximately 1,000 to 1,400 square feet, with the 4-bedroom unit offering the largest living space. The property totals approximately 5,263 square feet on a 7,000-square-foot lot, providing scale and strong rental appeal. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles’ most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA’s most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility. The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool. With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.

4812 Saturn Street, Los Angeles

$1,000,000
8 Beds 8 Baths 26969467 MLS Active Status
We are pleased to present 1433 E 61st Street, an 8 unit multifamily investment opportunity in South Los Angeles. The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957.The building is configured entirely as 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. The building consists of a two story, wood frame structure with gas and electricity separately metered by unit, allowing utility expenses to be passed through to tenants and simplifying ownership. The property offers 7 open parking spaces located at the rear of the building, a meaningful amenity for tenants and a point of differentiation in the submarket. Interior unit features include vinyl plank flooring in the living room, tile flooring in the kitchen, and a wall heater. Bathrooms have been improved with new tile surround at the tub and a new vanity, while kitchens remain in original condition, presenting a clear value add opportunity for a future ownership group. At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. With approximately 18.07% rental upside to market, an investor can achieve a pro forma cap rate of 9.93% and a 6.18 GRM through targeted renovation and lease up to market rents. This presents a rare opportunity to acquire a stabilized, income producing asset in South Los Angeles with straightforward value add potential through kitchen renovations and rent growth to market levels.

1433 E 61st Street, Los Angeles

$1,499,995
SR26192787 MLS Active Status
Beautifully developed, this exceptional West Hills property features a main residence and two dwelling units, offering outstanding flexibility for homeowners and investors alike. Fully stabilized with strong long-term tenants, the property currently generates approximately $9,000 in gross monthly rental income. The front of the property includes the main residence and an attached dwelling unit, complemented by a private yard and heated pool. A detached studio dwelling is situated at the rear of the lot with its own private entrance, providing additional separation and privacy. The main residence at 23046 Saticoy Street (1,648 sqft) features a spacious, light-filled, open-concept floor plan designed for comfortable everyday living and entertaining. The kitchen flows seamlessly into the main living areas, while well-proportioned rooms and direct access to the outdoor spaces create an inviting indoor-outdoor lifestyle. The residence includes three generously sized bedrooms and two beautifully appointed bathrooms. Outside, a private patio provides ample space for relaxing and entertaining, while the sparkling heated pool offers year-round enjoyment. The attached dwelling unit at 23046 1/2 Saticoy Street (528 sqft) offers a contemporary one-bedroom, one-bathroom layout with modern finishes, a stylish kitchen, and a spacious, comfortable living area. The detached dwelling unit at 23044 Saticoy Street (417 sqft) is a thoughtfully designed studio residence featuring a modern kitchen, a beautifully finished bathroom, and a private rear entrance. Together, the three residences deliver a combination of lifestyle, rental income, privacy, and long-term value. Conveniently located near top schools, parks, shopping, dining, and major commuter routes, this is a rare opportunity to acquire a versatile, income-producing property in one of West Hills’ most desirable neighborhoods. KEY FEATURES: • Approximately $9,000 in gross monthly rental income • Recently constructed and extensively redeveloped between 2022 and 2024 • Separately metered utilities • Private sparkling heated pool Tenant-occupied property. Showings will be scheduled only after an accepted offer. Please submit offers subject to interior inspection. Do not disturb occupants or go directly to the property. All showings require at least 24 hours’ notice. Online photographs were taken recently and have been virtually staged. Buyer to independently verify all listing information.

23046 W Saticoy Street, West Hills

$999,000
PW26192707 MLS Active Status
Positioned along a high-visibility stretch of Long Beach Boulevard between Bixby Knolls and California Heights, 3937 Long Beach Boulevard presents a versatile mixed-use investment opportunity with three separate units and multiple income and occupancy possibilities. The property consists of three units: a spacious upstairs 2-bedroom, 2-bath residential unit, a ground-level 1-bedroom, 1-bath unit with two separate front entrances, and a ground-level 1-bedroom, 1-bath unit with a private side entrance. Units A and B are currently occupied by long-term residential tenants, providing immediate rental income, while Unit C will be delivered vacant, offering the new owner flexibility for future use. The property's Community Commercial Auto-Oriented (LBCCA) zoning provides a range of potential commercial and residential opportunities, subject to City approval and verification. The vacant ground-floor Unit C offers an especially compelling opportunity for an owner-user, professional office, creative studio, personal-service business, or other permitted use, while also retaining the option to use the space as a residential rental. Located directly on Long Beach Boulevard, the property benefits from excellent visibility and convenient access to major transportation corridors, including the 405 and 710 freeways, as well as Long Beach Airport. Its location places it within close proximity to the established businesses, restaurants, and community amenities of Bixby Knolls and California Heights. For an investor, owner-user, or entrepreneur seeking a property with existing residential income, flexible unit configuration, commercial exposure, and future upside, 3937 Long Beach Boulevard offers a rare opportunity in one of Long Beach's established commercial corridors.

3937 Long Beach, Long Beach

$1,195,000
3 Beds 3 Baths 26943911 MLS Active Status
A RARE, FULLY VACANT TWO-RESIDENCE INCOME PROPERTY WITH PROJECTED COMBINED RENT OF APPROXIMATELY $7,390 PER MONTH. No existing tenants, no existing leases, and no waiting for units to become available. The next owner can select tenants, establish rents, and put both residences to work immediately. Offered at $1,195,000 with projected annual gross income of approximately $88,680, the investment calculates to a 13.48 pro forma GRM and an estimated 5.2% pro forma cap rate based on projected rents and expenses. The property combines a substantially renovated 2-bedroom, 2-bath main residence with a permitted, NEW-CONSTRUCTION 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also features a former third bedroom with a closet, now configured as a flexible work, office, den, or podcasting space, an especially useful feature for today's work-from-home lifestyle. Major improvements include plumbing, electrical, HVAC, sewer to ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Projected rents are approximately $4,895/month for the main residence and $2,495/month for the ADU. The seller may be willing to install utility submetering as negotiated with the buyer. Additional features include a private swimming pool, multiple outdoor areas, and off-street parking for up to three vehicles. For an investor, this is an opportunity to acquire two improved residences completely vacant and establish a rental program from a clean slate. For an eligible owner-occupant, the property may also offer the opportunity to live in one residence, rent the other, and explore low-down-payment FHA or VA financing, with qualifying ADU income potentially considered by the lender, subject to applicable program requirements. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only and should be independently verified by the buyer and their agent.

7530 & 7532 Gaviota Avenue, Los Angeles

$650,000
CV26193403 MLS Active Status
We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to increase revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throughout Los Angeles County. Downtown Los Angeles is approximately 6 miles north, providing access to one of the region's largest employment hubs. Tenants also benefit from proximity to the Florence Metro Station, providing rail connectivity to Downtown Los Angeles and Downtown Long Beach. Numerous grocery stores, big-box retailers, neighborhood shops, restaurants, schools, parks, and other daily-needs amenities are located throughout the surrounding area.

5917 Converse, Los Angeles

$1,699,000
SB26192450 MLS Active Status
Location truly sets this exceptionally well-maintained five-unit property apart. Positioned on a beautifully landscaped corner lot just one short block from the ocean bluffs in San Pedro’s highly desirable Palisades neighborhood, the building offers a rare opportunity to own an income property in a premier coastal setting. Several units feature ocean views, while all residents enjoy refreshing afternoon breezes and the year-round coastal climate. The property includes a spacious ground-floor owner’s unit featuring two bedrooms, two bathrooms, a fireplace and peeks of the ocean. For an owner-occupant buyer, the seller will consider providing a credit at the close of escrow to help offset applicable tenant relocation costs. Major improvements completed in 2020 include a new roof, upgraded electrical panels, fresh exterior paint and refreshed landscaping. Parking includes four garage spaces plus off-street parking for two additional vehicles. With no residential units above the garages and a flat-roof configuration, the property may also offer potential to construct one or more ADUs above the garage area, creating an opportunity for additional income and long-term value (buyer to independently investigate and verify all development possibilities with the appropriate agencies). A community laundry room with coin-operated machines serves the residents. Remarkably, this five-unit coastal property is offered at a price below what some single-family homes are selling for in the surrounding area—an exceptional value for investors and owner-users alike. Located near bluff-top parks, coastal walking trails and nature preserves, this is an outstanding opportunity to acquire a legacy property in a setting that would command a substantial premium in many neighboring beach communities. Drive by and explore the neighborhood to fully appreciate just how special this coastal location is.

3644 Almeria Street, San Pedro

$1,550,000
10 Beds 10 Baths 26938421 MLS Active Status
Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% below market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated near USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, major retail corridors, and convenient access to the 110 Freeway, the location offers a deep and stable renter pool. This is a rare opportunity to acquire a well-maintained multifamily asset with proven operational improvements, rental upside, and long-term growth potential in one of Los Angeles' most active rental markets.

536 W 48th Street, Los Angeles

$1,195,000
OC26193167 MLS Active Status
Stunningly 3bd Home plus ADU & JADU with Front home Delivered Vacant! This beautifully upgraded property totals 2,085sf, comprised of a front 3/2 house, a 1/1 ADU, and a studio JADU—thoughtfully remodeled with high-end finishes and modern systems - In 2023, New Roof, 400 Amp Electrical, Copper Plumbing, & Sewer Lines. The main 3/2 house is 1,184sf, will be delivered vacant, and is bright & airy throughout featuring real hardwood flooring, dual pane windows w/ blinds, recessed lighting, and central air/heat. The stylish kitchen offers shaker cabinetry, quartz countertop, stainless steel appliances, a custom tile backsplash, and sleek black modern finishes. Both the primary & hallway baths have been tastefully designed, and all the bedrooms are spacious and equipped with ceiling fans. Ample natural light, generous storage, and dedicated laundry area complete this upgraded home. The 645sf ADU and 256sf JADU are currently rented with stable tenants, and both units offer spacious layouts with an open concept kitchen that flows into big living areas with luxury vinyl flooring throughout, sliding doors, recessed lighting, mini split AC units; and each with full bathrooms with cute vanities, custom tiles, and big walk in showers. On an impressive 7,631sf lot zoned R3, the front & back yards have been impeccably landscaped with artificial lawn, drought tolerant plants, and a beautiful pergola on a nice concrete pad for the ultimate common area to relax and host gatherings. Other notable features include tankless water heaters, separate electrical meters, drip irrigation system, an automated gate for added security, an extended driveway for maximum parking, and a 2 car garage that will also be delivered empty for a new owner. Situated in a quiet Pomona neighborhood near Washington Park Community Center, local schools, and just minutes from Downtown, Pomona College, LA County Fairgrounds, and Bonelli Park.

783 E Grand, Pomona

$1,050,000
8 Beds 5 Baths 26959483 MLS Active Status
We are pleased to present a rare opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment located in the highly sought-after DPS Patrol Zone, just blocks from the University of Southern California (USC). This single-story wood frame and stucco building sits on a raised foundation, offering 2,597 SF of living space on a generous 7,430 SF lot. The property is fully occupied by USC students and currently generates $7,743/month in income, with approximately 50% upside in potential rents. The front single-family residence features 5 bedrooms and 3 bathrooms, generating $5,500/month in income. This home has undergone a complete, high-end remodel with over $150,000 in capital improvements-delivering a true turn-key investment. From the sleek, modern kitchen and designer bathrooms to the upgraded flooring, windows, systems, and fixtures, every detail has been thoughtfully executed for lasting appeal and minimal deferred maintenance. Two detached units at the rear of the lot round out the offering: a 1-bedroom, 1-bathroom unit ($975/month) and a 2-bedroom, 1-bathroom unit ($1,268/month). Priced at a strong current 7% cap rate, this is an exceptional cash-flowing investment with significant rent growth potential in one of USC's most in-demand rental submarkets-a compelling opportunity for investors seeking stable income today and meaningful upside tomorrow.

1475 W 28th Street, Los Angeles

$897,888
3 Beds 2 Baths OC26191076 MLS Active Status
Three-bedroom 2 bath home on big lot is currently used as a 2 bed 1 bath Home and 1 bed 1 bath Jr ADU with permit for 2nd ADU in 2 plus car detached garage. Or use as 3-bedroom 2 bath house and complete ADU in garage for additional rental income or family space. Welcome to this well-manicured prime investment opportunity in the heart of East LA, just steps away from the iconic Garfield High School. Great street appeal on one of the nicest neighborhoods available. This property currently features a charming well maintained 2 bedroom, 1-bath main house, perfect for a family or first-time buyer. The fully permitted Junior ADU offers an additional 1-bedroom, 1-bath living space, ideal for rental income or multigenerational living, bring mom and dad or adult children. Additionally, there’s a 400 square foot ADU ready to be built in the detached 2 plus garage with permits and plans providing even more potential for future expansion for more family members or additional rental income. Tastefully fenced and gated for privacy and security. Great rental location for students or nearby businesses. Nestled in a highly sought-after neighborhood with easy access to schools, shops, and restaurants and freeways, this property offers endless possibilities and charm. Don’t miss your chance to own a versatile home with built-in investment potential in a prime location! Lots of value after renovation and completion of ADU in garage. Seller believes Rents can be significantly increased to neighborhood averages.

649 S Vancouver Avenue, Los Angeles

$1,838,000
AR26193188 MLS Active Status
Location!! Location!! Location!! This is a 3-unit property with R-3 zonning. Conveniently located near all the Shopping Malls, Restaurants, Banks, etc. The property is also in close proximity to Temple City Unified schools, making it an exceptional opportunity that should not be overlooked. The front house comprises two units, each featuring 1 Bedroom and 1 Bath. These units, located at 6217 and 6219, are spread across approximately ~1,234 sq ft and have their own electric and gas meters. The back unit, located at 6221, is approxmately ~972 sq ft and is situated above a three-bay, approximately ~864 sq ft garage with a shared laundry room. This unit includes 2 Bedrooms and one Bathroom. One unit has been recently updated, providing a modern and comfortable living space for Tenant. In addition, Seller already has fully entitlement for 2 Duplexes (4 Units) with only one shared wall for each Unit that are ready to build by end of 2026. The new Plan showed a beautiful rear Backyard for all the Home Owners to enjoy and relax after their busy day. Unit #1 is 1,905 SF with 3 Bedrooms and 3 Baths; Unit #2 is 1,968 SF with 4 Bedrooms and 4 Baths; Unit #3 is 1,968 SF with 4 Bedrooms and 4 Baths; and Unit #4 is 1,842 SF with 3 Bedrooms and 3 Baths. All Units with their own 2-Car Garage. It is a great opportunity for Investors or Builders to build their own Condos to either sale or keep as your long-term Rental Properties.

6217 Temple City Boulevard, Temple City

$2,750,000
PW26187068 MLS Active Status
Introducing 3038- 3040 1/2 W Casitas Ave, a brand new 2026 construction triplex offering a rare combination of modern living, strong income potential, and exceptional flexibility in one of Los Angeles’ most desirable locations. Delivered 100% vacant and not subject to rent control, the property gives its next owner the opportunity to immediately establish market rents, select their own tenants, or take advantage of an ideal house hack opportunity, live in one unit while generating rental income from the other two. The property features an impressive 12 bedrooms and 9 bathrooms across approximately 3,561 SF, with a highly desirable unit mix consisting of a spacious 5-bedroom/4-bath front residence, a 4-bedroom/3-bath unit, and a 3-bedroom/2-bath unit. The large bedroom counts provide excellent rental flexibility and strong income potential for both investors and owner-users. Designed with long term ownership in mind, each residence is individually metered for water, gas, and electricity, helping simplify utility management and minimize owner paid expenses. Each unit also includes in-unit laundry hookups, while the property features solar panels, two garage spaces and additional on-site parking. Brand-new construction provides the added benefit of modern building systems and potentially lower near term maintenance compared with older multifamily inventory. The location further sets 3038 W Casitas apart. Positioned in Atwater Village near the Los Angeles River, the property offers convenient access to the neighborhood’s popular restaurants, cafés, shops and recreation while placing residents just minutes from Silver Lake, Glendale and Downtown Los Angeles. Whether acquired as a turnkey multifamily investment, owner-occupied income property, or multi-generational living opportunity, 3038 W Casitas Ave offers the increasingly difficult to find combination of new construction, vacant delivery, 12 bedrooms, strong income potential, separate utilities and a prime Los Angeles location.

3038 Casitas Avenue, Los Angeles

$1,399,000
6 Beds 4 Baths 26952553 MLS Active Under Contract Status
Rare opportunity to acquire a high-performing multi-family property that perfectly combines prime location, exceptional condition, and strong cash flow. Situated on a sprawling 10,300 sq ft lot, two of the units in this unique four-unit compound are detached (no common walls) two bedroom dwellings, complete with their own private yard, offering an unparalleled level of privacy. The larger of these two has a massive fenced back yard, with mature fruit trees, and a latticed covered patio. The other one has just been beautifully and thoroughly renovated, sitting vacant and ready for immediate occupancy or market-rate leasing. The property is a dream for both pure investors and owner-occupiers alike. Every unit is meticulously maintained and features mini-split heating and A/C systems in all bedrooms and common areas for optimal, efficient climate control. Recent upgrades include plumbing fully replaced inside and out with pex pipes in all four units; new roof on three of the four units; upgraded electrical in three of the four units; sewer line for the 1 bed units on the east side of the property recently re-lined. Additional amenities include dedicated two-car tandem parking for each unit (including individual garage spaces), a secure coin-operated laundry room servicing the property, and dishwasher in the largest unit. Set back from a tree-lined street, this property sits directly across the street from the iconic "La Tierra de la Culebra Art Park." The park, while City owned, is lovingly cared for and contributed to (art-wise) by the local neighbors, giving a 'neighborhood' vibe that is rare to find in L.A. Another big plus - the property is a 5 minute walk to the nearest Gold Line metro stop that goes right through Highland Park, and stretches from Pasadena to Downtown L.A.P.S. Incredible value-add potential! The garage spaces will be delivered completely vacant at the close of escrow. Given the expansive lot size and California's highly favorable multifamily ADU laws, this offers a premier opportunity for a future garage-to-ADU conversion to maximize your rental income buyer to verify capacity with the city!

223 S Avenue 57, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.