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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

$1,450,000
7 Beds 3 Baths 26953297 MLS Active Status
BOTH UNITS WILL BE DELIVERED VACANT! Located in the heart of a vibrant Korea-town pocket, 838-840 S. St Andrews Place presents a rare opportunity for owner-users, multi-generational families, investors, and developers alike. Situated on an expansive 7,500+ SF lot with R4 zoning and TOC Tier 3 designation, the property offers abundant on-site parking for 8+ vehicles as well as exciting future multifamily development potential.The property consists of two spacious side-by-side residences, each offering its own private living space, Central A/C, in-unit laundry, and abundant storage throughout. The 838 residence features 5 bedrooms and 3 bathrooms. The main level includes one bedroom and full bath, living room, dining area, kitchen with pantry, and a generously sized laundry/utility room. Upstairs are four additional bedrooms, a full bath, powder room, and a spacious bonus area between the bedrooms ideal for an office, den, or study. A large basement provides even more storage and versatile space.The 840 residence features 3 bedrooms and 3 bathrooms, including a generously sized primary bedroom on the main level along with the living room, dining area, and kitchen. The upper level offers two additional bedrooms and a hallway bathroom. Both residences feature spacious floor plans with plenty of closets and storage, making them exceptionally functional for larger households.Long-time owner occupied and thoughtfully maintained, the property has benefited from numerous updates over the years, including replacement windows, beautiful hardwood flooring, updated Central A/C systems, and other improvements. The expansive lot provides exceptional parking capacity in both the front and rear of the property, accommodating 8+ vehicles.Live in one unit and rent the other, accommodate an extended or multi-generational family while maintaining privacy, hold as an investment, or explore the property's future development possibilities. With both units delivered vacant, a large R4 lot, TOC Tier 3 designation, generous parking, Central A/C, abundant storage, and a prime Korea-town location, this versatile property offers tremendous flexibility and upside potential.

838 S St Andrews Place, Los Angeles

$22,900,000
108 Beds 96 Baths 26946437 MLS Active Status
We are pleased to present V on Victory, a 68-unit apartment community completed in 2022 at 13724 Victory Boulevard in Valley Glen. The Property comprises four residential floors above a gated podium garage, totaling 66,796 gross square feet on a 24,749-square-foot lot. The unit mix consists of 40 one-bedroom, 16 two-bedroom, and 12 three-bedroom residences averaging approximately 832 rentable square feet, including a penthouse level.The Property offers a turnkey, professionally managed operation with full on-site staffing and a comprehensive amenity package featuring a landscaped rooftop deck with mountain views, furnished resident lounge, fitness center, co-working office, controlled access, and package lockers. Every residence includes an in-unit washer and dryer, while an established RUBS program provides utility reimbursement income. Vacant residences are marketed at the manager's current market rents, providing an incoming investor with immediate lease-up upside without the need for renovation capital.Completed in 2022, V on Victory is exempt from the City of Los Angeles Rent Stabilization Ordinance and remains outside the rent-cap provisions of AB 1482 through February 2037, leaving 64 of the Property's 68 residences without rent caps for approximately the next eleven years. The Property is also located within a federally designated Opportunity Zone. Additionally, its current assessed value closely tracks the offering basis, significantly limiting potential property tax reassessment exposure upon sale.V on Victory is strategically positioned along Victory Boulevard just west of Woodman Avenue in Valley Glen, near the geographic and civic center of the San Fernando Valley. The Van Nuys Government Center is approximately 0.9 miles west and serves as a major employment hub encompassing the Los Angeles Superior Court Northwest District, LAPD Valley Bureau and Van Nuys Division, and numerous city, county, and state agencies, including the DMV and DPSS. The Property also benefits from proximity to the established commercial corridors along Van Nuys and Victory boulevards.Three major hospitalsValley Presbyterian Hospital, Sherman Oaks Hospital, and Kaiser Permanente Panorama Cityare located within approximately 2.2 miles of the Property, providing substantial nearby healthcare employment. Van Nuys Airport, approximately 3.5 miles northwest, spans roughly 730 acres and supports more than 10,000 affiliated jobs across approximately 200 businesses. Los Angeles Valley College is approximately 1.1 miles southeast, with enrollment exceeding 18,000 students, serving as both a major local employer and a consistent source of renter demand.The Property also offers convenient regional connectivity, with access to the 101, 405, and 170 freeways within approximately ten minutes. The Metro G Line station at Woodman is roughly one mile away and provides connections to the B Line subway in North Hollywood. Further enhancing long-term transit accessibility, the East San Fernando Valley Light Rail project is under construction along Van Nuys Boulevard and is planned to add 11 stations, with service currently scheduled for December 2031. Within ZIP Code 91401, approximately 67% of households are renter occupied, supported by a median household income of $79,552.

13724 Victory Boulevard, Los Angeles

$1,190,000
PW26192020 MLS Active Status
1234 W 163rd is a well-maintained, charming triplex located in a prime area of Gardena, situated within a walking distance to the library or city community center and to downtown Gardena. The location is ideal for owner-occupants or for savvy investors as it consistently drives strong tenant demand and historically low vacancy. The two separate single-story structures are outlined with a Spanish-style front house (2 bed/1.5 bath. 912 sf) and the attached rear two units (1 bed/1bath, 520sf each), totaling 1952 sf in the 6747 sf R3 lot. The interior of the front unit was beautifully upgraded less than two years ago, with the existing configuration resembling a single-family residence. One of the two rear units was also fully updated recently and the other is in excellent condition. The property offers 5 or more surface parking spaces. All the utilities are due on the tenants except that that seller pays only the water & trash,sewer for the two back-units. For all the three units, the single-level layout adds convenience and ease of access, while one-or two-carport spaces + outdoor spaces for each unit provides a comfortable communal living environment. This turnkey property is in a quiet neighborhood, is easy to maintain and conveniently located with easy access to highway 110, 405 and 91. Buyer to conduct their own due diligence. Note: Please do NOT disturb or speak with tenants, nor walk on the premises without appointment.

1234 W 163rd, Gardena

$2,200,000
WS26192762 MLS Active Status
Rare One-of-a-kind Opportunity!!...... Live in an expansive, upgraded townhouse-style owner's residence while generating immediate income from five additional rental units of $8,583/month...... The impressive owner's unit is situated at the front of the property and offers approximately 3,441 sqft of thoughtfully designed living space. Featuring 6 bedrooms, 4.5 bathrooms, a home office, and a craft/utility room at the garage level. A grand double-door entry opens to a bright, airy floor plan where the foyer seamlessly connects the living room, formal dining room, and gourmet kitchen, creating the perfect setting for both everyday living and entertaining. The beautiful kitchen features new cabinets, new appliances, new elegant quartz countertops, modern fixtures, recessed lighting, and a convenient breakfast counter. The approximately 400 sqft private covered deck, offers an exceptional outdoor retreat for entertaining, relaxing, gardening. The attached two-car garage with direct access includes private laundry hookups and a utility sink for convenience. The owner's residence has been extensively upgraded with new kitchen, high-end waterproof laminate flooring (2026); Two central A/C and heating systems (2025); Newer water heater; a remodeled walk-in bathroom; Recessed lighting in the living and formal dining rooms...... In addition to the owner's residence, the property includes five spacious 2-bedroom, 1-bath rental units, approximately 875 sqft each. The units are equipped with its own central AC and Heating (installed between 2018 and 2025), One assigned parking space for each unit; on-site coin-operated laundry; newer roof (2024)...... Ideally located on a well-known street in the historic Angelino Heights/Echo Park neighborhood, this property is just minutes from Downtown Los Angeles, major employment centers, restaurants, entertainment, and cultural attractions. Commuters will appreciate the convenient access to the 101, 110, 210, 2, 5, and 10 freeways, making travel throughout Southern California quick and convenient. Whether you're seeking a spacious owner-occupied residence with strong rental income or an exceptional long-term investment, this one-of-a-kind property offers an unmatched combination of size, location, and income potential...... Don't miss this rare opportunity to own an exceptional multi-family property in one of Los Angeles' most desirable historic neighborhoods!

728 E Kensington, Los Angeles

$479,999
SR26192687 MLS Active Status
BACK ON THE MARKET NO FAULT TO SELLER PRICE IMPROVEMENT Prime Investment Opportunity: Turnkey Multi-Unit Duplex with Immediate Yield & SB 9 Expansion Potential in Unincorporated Palmdale Welcome to 38902 Rambler, an exceptional multi-unit property situated in the desirable unincorporated area of Palmdale. Offering an unbeatable combination of strong immediate cash flow, top-tier property conditions, and massive long-term development upside, this turn-key duplex is a rare find for savvy investors and portfolio builders alike. Fully Renovated & Functional Residences Both units on the lot have undergone extensive renovations, bringing modern aesthetics, upgraded finishes, and full operational functionality to every corner of the property: Front Unit (Unit 1): A spacious, fully renovated 3-bedroom, 1-bathroom floor plan featuring bright interiors, refreshed flooring, modernized kitchen and bathroom surfaces, and clean architectural details. Rear Unit (Unit 2): A fully renovated 2-bedroom, 1-bathroom residence enhanced by a flexible bonus room that easily serves as a third bedroom. Designed for maximum space utilization and modern comfort. Both units boast hassle-free living with clean, updated spaces that require zero immediate capital expenditure. Guaranteed & Stable Income Stream (HUD-VASH Tenants) Enjoy immediate stability and peace of mind from day one. Both units are occupied by valued veteran tenants supported through the HUD-VASH (VA Supportive Housing) program. This program offers landlords strong peace of mind with consistent, government-backed rental payments, low turnover, and the pride of supporting local military veterans with quality housing.

38902 Rambler, Palmdale

$2,200,000
3 Beds 3 Baths 26944479 MLS Active Status
This rare duplex sits directly on the Grand Canal at the entrance to Marina del Rey's Silver Stand. The site offers serene water views, multiple private outdoor spaces, and easy access to Mother's Beach, Venice Beach, the historic Venice Canals, and a vibrant mix of restaurants and cafes. The property is less than 20 minutes to LAX with no freeway driving required. Beverly Hills, Santa Monica, West Los Angeles, and the South Bay are all an easy drive away. With an incredible walkability for Marina del Rey, the neighborhood is outstanding for its amazing access; and with current rents below market, the property presents a meaningful upside opportunity for an investor or an ideal owner user residence for those seeking a premier coastal lifestyle. Top Unit 3905 (Upstairs) is an architectural 2 bedroom, 2-bath home featuring vaulted ceilings, standout volume, natural light, and multiple outdoor areas including a phenomenal rooftop deck. The unit is a bright, airy, loft style like home and the rooftop deck and canal-facing balcony make it feel like a signature Venice/Marina architectural unit. Lower Unit 3903 (Downstairs) is a large 1 bedroom, 1-bath home featuring a private yard, direct canal views, and an airy layout with the living, dining, and kitchen areas being open to each other. The bedroom faces the canal and has water views, as well has excellent closet space. DO NOT DISTURB TENANTS - ALL SHOWINGS TO BE COORDINATED WITH LISTING AGENT.

3903 Via Dolce, Los Angeles

$998,000
IG26191640 MLS Active Status
A rare opportunity to own a character-rich 1912 Craftsman duplex in the heart of Echo Park, just moments from Sunset Boulevard and with views toward the Downtown Los Angeles skyline. From the moment you arrive, the property feels distinctly LA, with mature landscaping, original architectural details, and the kind of warmth and personality that newer construction simply can’t replicate. Inside, both units retain beautiful period character, including hardwood floors, dark wood trim, built-ins, beamed ceilings, and original-style windows that bring in natural light and frame the surrounding neighborhood. The larger unit offers 2 bedrooms and 1.5 baths, with the second bedroom located upstairs alongside an adjoining office and half bath, creating a flexible space for working from home, guests, or a private retreat. The second unit features 1 bedroom and 1 bath, with comfortable, well-proportioned living spaces. Set on an approximately 8,400-square-foot LARD2 lot, the property offers something increasingly hard to find in central Los Angeles: meaningful outdoor space. The expansive yard is surrounded by mature trees and landscaping, with room to garden, gather, relax, or simply enjoy a sense of openness that feels unusual for the neighborhood. From the lot, you can take in views toward the Downtown Los Angeles skyline, adding to the property’s unique sense of place. A detached two-car garage, currently used as shared tenant storage, provides additional utility, along with gated driveway space. Both units have laundry access, including one in-unit laundry area and a separate laundry area serving the second unit. The location puts you close to the restaurants, coffee shops, boutiques, and neighborhood favorites that make Echo Park and Sunset Boulevard so desirable, while also offering convenient access to Downtown Los Angeles, Silver Lake, and surrounding Eastside neighborhoods. Sold tenant-occupied, this is a compelling opportunity for a buyer seeking a distinctive income property with original Craftsman character, a substantial lot, city views, and a prime Echo Park location.

523 N Lake, Los Angeles

$2,350,000
BB26192339 MLS Active Status
523 N St Andrews Pl is a 2015-built fourplex located in prime Larchmont Village. The property delivers a strong 5.42% cap rate, approximately ten years of established rental history, and a stabilized income stream. The property features a desirable unit mix consisting of three 3-bedroom residences and one 2-bedroom residence. Each unit offers in-unit laundry, modern, easy-to-maintain finishes, and spacious, functional floorplans. The residences are noticeably larger than many brand-new units being delivered today, with generous kitchens, comfortable living areas, and oversized bedrooms that enhance their long-term rental appeal. Current rents include $3,715 per month for a 3-bedroom unit, $3,701 per month for a 3-bedroom unit, and $2,992 per month for the 2-bedroom unit. One 3-bedroom residence is currently vacant, creating the opportunity for an owner-user or an investor to lease the unit at market rent. The property’s established operating history and strong occupancy provide a reliable foundation for long-term income. Situated in East Larchmont, between Hancock Park and Hollywood, the property is very close to neighborhood restaurants and destinations including Antico Nuovo, Found Oyster, Levain Bakery, Max & Helen’s, Budonoki and Courage Bagels. Erewhon, Larchmont Village, Hollywood and Los Feliz are also easily accessible. The central location provides convenient access to major employment centers including Netflix, Paramount Studios, Kaiser Permanente Los Angeles Medical Center and Sunset Gower Studios, supporting demand from renters seeking newer construction, spacious layouts and proximity to some of central Los Angeles’s most desirable dining, shopping and entertainment. With its proven operating history, desirable unit mix, spacious floorplans and central East Larchmont location, 523 N St Andrews Pl presents an opportunity to acquire a dependable income-producing asset in one of Los Angeles’s most established rental markets.

523 N St Andrews, Los Angeles

$4,450,000
10 Beds 10 Baths 26945097 MLS Active Status
We are pleased to present a boutique multifamily portfolio located at 4603 La Mirada Avenue (three units) and 1255 Lyman Place (six units) in the highly desirable Los Feliz submarket of Los Angeles. Offered together, this nine unit collection delivers a rare opportunity to acquire a design forward, low density portfolio featuring flexible furnished living, modern smart-home amenities, and architectural character in one of the Eastside's most supply-constrained rental markets. The Offering is well positioned for investors seeking differentiated assets with strong tenant appeal and long-term hold fundamentals.4603 La Mirada Avenue and 1255 Lyman Place consists of two adjacent properties totaling nine (9) units, including a three-unit building at 4603 La Mirada Avenue and a six-unit building at 1255 Lyman Place, both designed by renowned architect Dean Levin. Levin, who trained in architecture at Pratt Institute in New York founded 22RE in 2021 with a specific focus on extending and elevating Los Angeles' Spanish Revival and midcentury modern homes. Paying homage to Mid-Century Craftsman roots, the villas seamlessly integrate modern functionality with curated finishes and automated living spaces. Units may be delivered furnished or unfurnished, with furnishings removable upon request, allowing operational flexibility. Interiors feature in-unit washer/ dryers, air conditioning, hardwood and tile flooring, plaster and tile-finished bathrooms, and fully equipped kitchens with premium appliances including dishwashers, microwaves, ovens, refrigerators, freezers, and integrated coffee systems. Select units offer dining rooms, office spaces, and built-in bookshelves. The gated, smoke-free community also includes yard space, concierge-style services, and a tranquil residential setting that enhances tenant comfort and retention.Located in Los Angeles County within the 90029 ZIP Code, 4603 La Mirada Avenue and 1255 Lyman Place benefits from a prime Los Feliz location with immediate access to the Eastside's most coveted lifestyle amenities. The property is within distance to Erewhon Silver Lake, Saffy's, and a growing collection of acclaimed dining, retail, and cultural destinations throughout Los Feliz and Silver Lake. Residents enjoy convenient connectivity to Downtown Los Angeles and direct access to the 101 Freeway, positioning the portfolio near major employment hubs while retaining a neighborhood-oriented residential feel. Los Feliz remains a high-barrier, high-demand submarket characterized by limited new supply, strong demographics, and consistent renter demand driven by walkability, character housing stock, and proximity to the city's creative core.

4603 La Mirada Avenue, Los Angeles

$2,395,000
8 Beds 8 Baths 26945033 MLS Active Status
We are pleased to present SITU Montana, an architecturally distinctive four-unit boutique multifamily asset located in the heart of Echo Park. Offered at $2,500,000, the property delivers a 5.91% current capitalization rate, supported by large two-bedroom/two-bath residences, premium design execution, and strong in-place rental fundamentals. SITU Montana represents a rare opportunity to own in one of the strongest and most desirable rental pockets in Los Angeles, within a submarket defined by limited new supply, consistent tenant demand, and long-term appreciation fundamentals. SITU Montana is a curated collection of four expansive 2BD/2BA homes originally constructed in 1914 and comprehensively reimagined in 2023 by Dean Levin of 22RE. Levin's interpretation of California Contemporary blends architectural restraint with material richness, elevating the historic structure through thoughtful craftsmanship and spatial clarity. Levin, who trained in architecture at Pratt Institute in New York before a twelve year career as a visual artist exhibited at leading galleries, founded 22RE in 2021 with a focus on extending and elevating Los Angeles' historic residential fabric. The studio has been profiled in PINUP Magazine, named Surface Magazine's "Designer of the Day," and has had projects featured on ArchDaily and in Wallpaper. Notable 22RE work includes the expansion of a 1920s Spanish Revival residence in Los Feliz, flagship retail designs for Malbon and Departamento, and the adaptive reuse of a former Ed Ruscha studio in Glassell Park. Each residence showcases custom millwork, paneled fully equipped kitchens, refined plaster and tile bathrooms, curated finishes, and a cohesive interior palette rarely found in small-scale multifamily offerings. The spa-inspired bathrooms lend a luxurious, tactile quality, while the expansive layouts provide generous living and entertaining space. Large windows and doors invite abundant natural light, creating a warm and inviting indoor-outdoor atmosphere that resonates with Echo Park's creative and professional tenant base. Modern amenities further enhance the living experience, including smart-home automation, in-unit washer/dryers, and fully furnished or partially furnished flexibility (removable upon request), offering optional turnkey leasing appeal. Each residence includes one gated on-site parking space, and two of the units benefit from dedicated office areasan increasingly valuable feature in today's hybrid work environment. The uniform unit mix provides operational efficiency while supporting long-term rent growth potential.Located within distance to neighborhood favorites including Bacetti Trattoria, Canyon Coffee, Honey Hi, and the vibrant Sunset retail corridor, SITU Montana benefits from immediate access to Echo Park's most sought-after dining and lifestyle amenities while maintaining a quiet residential setting just north of Sunset Boulevard.Echo Park remains one of Los Angeles' most culturally influential Eastside neighborhoods, positioned between Downtown Los Angeles, Silver Lake, and Hollywood. The area benefits from strong regional connectivity to major employment hubs while preserving its historic residential fabric characterized by Craftsman bungalows, Spanish Revival residences, and intimate low-rise apartment buildings. Limited new multifamily supply, consistent renter demand, and enduring neighborhood identity continue to support long-term appreciation and income stability for well-located boutique assets such as SITU Montana.

1807 Montana Street, Los Angeles

$2,275,000
11 Beds 9 Baths 26880381 MLS Active Status
North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

6626 Orizaba Avenue, Long Beach

$2,675,000
5 Beds 4 Baths 26942891 MLS Active Status
1 BLOCK FROM THE BEACH! A rare opportunity to own a heavily updated duplex in a prime part of Venice with on-site parking. 40 30th Avenue is ideally positioned just steps from the beach and around the corner from the restaurants, shops, and neighborhood favorites along Washington Blvd.The property has been extensively and tastefully updated. Both units were fully remodeled, and significant building upgrades include fully updated electrical system/meters, updated windows, copper plumbing and a new roof installed in 2022. Adding to the property's upside and value-add play are two non-conforming studio units, providing a new owner with some exciting options such as mid-term rentals (Buyer to verify). One of them has been fully remodeled and offers the possibility of permitting it to become an ADU. Buyer to verify allowability with the City. The other unit could offer an owner the option of a work office or creative studio space. This gem offers proximity to the beach with three on-site parking spaces including one enclosed garage. The large private patio is perfect for entertaining, relaxing, and enjoying the sun and coastal air of beach city life. With its prime location near the sand and Washington Boulevard, remodeled units, significant capital improvements, valuable on-site parking, and flexible additional spaces, 40 30th Avenue, represents a truly unique Venice offering with multiple paths for an investor to enjoy and unlock additional value.

40 30th Avenue, Venice

$1,299,000
7 Beds 5 Baths 26874837 MLS Active Status
Excellent Owner-User or Investment Opportunity! Two separate homes on one gated lot offer flexibility for an owner who wants to live in one and generate rental income from the other, or an investor seeking income from two residences. Each home is separately metered for gas, electric, and water, with tenants responsible for all utilities. The charming front bungalow, built in 1907, features 3 bedrooms, 2 beautifully remodeled baths, a separate office, and an inviting front porch. Hardwood floors add warmth and character, while the dining area features a fireplace and opens to the living room. The kitchen includes granite countertops, vinyl flooring, and a newer stove, refrigerator, washer, and dryer (2024). Wall-unit heating and A/C. The front home is currently vacant, providing an immediate opportunity for an owner-user or new tenant. The rear residence, 6401 1/2, was built in 1991 and is a spacious two-story, Spanish-style 4-bedroom, 3-bath home. Highlights include hardwood floors in the main living area, high ceilings, a fireplace, and a sunny rear patio. The home features central heat and a newer A/C unit (2025). It is currently tenant-occupied on a month-to-month lease. The property offers three off-street parking spaces between the homes: one for the front residence and two for the rear. With two substantial homes, separate utility meters, gated grounds, and immediate occupancy and existing rental income, this is a compelling opportunity for both investors and owner-users seeking to offset their housing costs with rental income. Gross income and GRM calculated on projected income.

6401 N Figueroa Street, Los Angeles

$3,300,000
AR26191591 MLS Active Status
2ND Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.7% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

$4,199,000
BB26190537 MLS Active Status
1330 S Longwood Ave is a massive brand-new 2026 construction luxury 5-unit in prime Miracle Mile / Mid-Wilshire. Already 80% leased at strong market rents, this turnkey asset delivers immediate cash flow with a projected 5.74% cap rate and $306,360 in gross potential annual income. The property features an exceptional unit mix of three spacious 4-bedroom residences and two 3-bedroom residences. The two largest 4-bedroom residences feature private rooftop decks and are projected to achieve $5,995 per month, with 1 already achieving that rent. Each thoughtfully designed unit offers generous living spaces, sleek kitchens and bathrooms, designer finishes, kitchen islands, balconies, central HVAC, in-unit washers and dryers, and abundant natural light. Located on a quiet residential street in the heart of Miracle Mile, Longwood places tenants just minutes from The Grove, LACMA, the Academy Museum, La Brea Tar Pits, Beverly Center, and some of LA’s best shopping, dining, and entertainment. The property also benefits from proximity to major employment centers including Cedars-Sinai Medical Center, Television City, and the broader Mid-Wilshire and Hollywood media corridor, creating strong demand from professionals seeking modern housing in one of LA’s most centrally located neighborhoods. With all utilities separately metered, brand-new systems, 10 on-site parking spaces, and premium low-maintenance construction, 1330 S Longwood offers buyers a rare combination of luxury design, immediate income, and long-term rental strength. Offered at $4,199,000, or approximately $839,800 per unit and $520 per square foot, Longwood represents an exceptional opportunity to acquire a high-quality new construction asset in prime Miracle Mile.

1330 S Longwood Avenue, 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.