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$2,300,000
NDP2607920 MLS Active Status
Just Renovated | Single-Family Homes | Prime Westside Location Rare opportunity to lease individual, detached single-family homes on a prime corner lot just off the 405 freeway. Multiple homes are available and may be leased separately. Each home has been thoughtfully renovated, blending original charm—including hardwood floors, crown molding, and original built-in cabinetry—with updated kitchens and bathrooms. Features and finishes vary by residence. Every home includes: Heating and air conditioning In-unit washer and dryer Private garage Outdoor patio space Front and rear entrances Unbeatable Westside proximity: ~5 minutes to Century City, UCLA, Beverly Hills, and Brentwood ~10 minutes to Santa Monica, West Hollywood, and the beach Homes may be leased furnished or unfurnished at the same price, with furnished options including curated furniture, artwork, hotel-quality linens, and fully stocked kitchens. Available for immediate move-in. February and March move-in dates also considered Now accepting applications - Call Sara at 202-997-9933 to schedule a showing.

1700 1702-1704 Glendon Avenue, Los Angeles

$1,875,000
PW26183641 MLS Active Status
Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity. The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs. Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.

2699 E 20th, Signal Hill

$2,275,000
CV26183794 MLS Active Status
Just Listed! Rare opportunity to acquire a pride-of-ownership 9-unit apartment property in a highly desirable North Montebello location, just north of Beverly Boulevard and steps from Quiet Cannon Golf Course. Offering an excellent combination of location, property condition, and desirable unit sizes, this well-maintained asset is ideally positioned for investors seeking a quality long-term multifamily investment. The property is comprised of three individual triplex structures with an attractive unit mix of three 2-Bedroom/1-Bath units and six 1-Bedroom/1-Bath units. Six of the units feature desirable single-level construction, while three units are positioned above garage parking. In total, the property offers approximately 5,439 rentable square feet on an 11,512 sq. ft. lot. The property has benefited from numerous improvements, including updated electrical subpanels throughout and updated interiors in most units, reducing near-term capital needs and reinforcing its pride-of-ownership condition. Residents enjoy onsite garage parking and private laundry hookups, while electricity and gas are separately metered and paid directly by the tenants. Located in one of Montebello's most desirable rental pockets, with convenient access to shopping, dining, schools, major transportation routes, and recreational amenities, this property offers the combination investors look for: strong rental fundamentals, desirable construction, quality improvements, and an exceptional North Montebello location. Seller may offer private financing to a well qualified buyer.

3101 Via San Delarro, Montebello

$2,650,000
6 Beds 11 Baths 26875521 MLS Active Under Contract Status
11 Units in West Los Angeles, on a quiet residential pocket referred to as the "Sawtelle" or "West LA" neighborhood .Unit Mix of Five Studios and Six One Bedrooms. Strong rental demand area. Property has been in the same family for decades. Residential apartment neighborhood conveniently positioned between major Westside commercial districts. Easy access to restaurants, shopping & services. Close proximity to UCLA/Westwood and short drive to the beach and Century City. Located near Sawtelle/Japantown, one of the area's biggest attractions, with restaurants, cafes, and specialty shops. Santa Monica Boulevard is nearby, providing a large concentration of restaurants, coffee shops, grocery stores and services. Near distinctive dining corridors: Sawtelle Blvd (Japantown /"Little Osaka"), the Westwood Blvd corridor, and Pico Blvd(toward Rancho Park/Cheviot Hills)405 Freeway is readily accessible, convenient for commuting toward Santa Monica, Brentwood, Century City, Westwood, UCLA and the greater Westside-10 (Santa Monica Freeway) is about 2 miles south, reachable via Overland or Sepulveda. Walk Score of 79, Transit Score of 65 and Bike Score of 71. Please see OM in documents for more details. Drive by only do not disturb tenants.

1811 Parnell Avenue, Los Angeles

$675,000
DW26183941 MLS Active Under Contract Status
Amazing opportunity to own a duplex in the heart of Los Angeles! Ideally located within walking distance to the Los Angeles Memorial Coliseum, USC, and BMO Stadium, with convenient freeway access. The front unit features 3 bedrooms and 1.5 bathrooms, a spacious living and dining area, and a generous kitchen with plenty of cabinet space. The second unit offers 1 bedroom, 1 bathroom, a living area, and ample closet space. BONUS OPPORTUNITY! The 2-car garage is currently being converted into an ADU, offering additional living space and potential rental income. With the 2028 Olympic Games coming to Los Angeles and the LA Memorial Coliseum serving as a major Olympic venue just minutes away, the ADU could offer exciting future rental-income potential during one of the biggest international events coming to the city. An extra-long driveway provides plenty of parking, plus a spacious backyard perfect for entertaining and family gatherings. Live in one and rent the others! A fantastic opportunity for an owner-user or investor to generate income and build equity in a prime Los Angeles location. Don’t miss it!

706 W 42nd, Los Angeles

$2,198,000
P1-28563 MLS Active Status
Welcome to modern living in the heart of Frogtown! This exceptional triplex features a fully renovated front home completed in 2024 and a ground up construction two story duplex completed in 2025. All three residences offer modern finishes, open concept living spaces, contemporary kitchens, central HVAC, and in unit laundry. The rear units are fully electric with solar panels. The property presents an excellent opportunity for investors or owner users seeking a turnkey multifamily asset with the potential to command high market rents. Enjoy private outdoor space and a prime location just moments from Frogtown's cafes, restaurants, breweries, and the LA River Bike Path, with easy access to Silver Lake, Echo Park, Highland Park, and Downtown Los Angeles.A rare opportunity to own a thoughtfully renovated and newly constructed triplex in one of Los Angeles' most sought after neighborhoods.

2222 Dorris Place, Los Angeles

$1,750,000
SR26183908 MLS Active Status
Exceptional four-unit investment and owner-user opportunity in the highly desirable Hancock Park / 90036 submarket, just blocks from Melrose and moments from The Grove, Beverly Grove, West Hollywood, shopping, dining and entertainment. Situated on an approximately 6,362 SF LARD1.5 lot, this classic Los Angeles fourplex offers tremendous long-term value-add potential in one of the city's most sought-after infill locations. One unit is currently vacant, creating an outstanding opportunity for an owner-user to live in the property while generating income from the three remaining units. For the investor, existing rents provide significant future upside as the property currently reflects legacy rental income well below the potential of this prime location. The generous lot and zoning may also offer potential for an ADU, additional improvements, or future redevelopment, subject to Buyer verification of zoning, density, permits, tenant regulations and all applicable City and State requirements. The surrounding neighborhood continues to experience substantial reinvestment, renovation, and new development, further enhancing the long-term appeal of this location. Whether your strategy is owner occupancy, rental repositioning, long-term hold, ADU/value-add improvements or future redevelopment, this property offers multiple paths to create value. Four legal units, one delivered vacant, valuable land, tremendous rental upside and an irreplaceable central Los Angeles location.

457 N Stanley, Los Angeles

$1,399,000
SB26183055 MLS Active Under Contract Status
Well-maintained triplex located in the heart of Hawthorne featuring a desirable unit mix of one 3-bedroom + den / 2.5-bath unit and two 2-bedroom / 1-bath units. The spacious front Unit A offers a split-level layout with no shared walls, private front yard and rear patio, decorative fireplace, large den with built-in bar, laundry hookups, and an assigned 2-car detached garage. Unit B features abundant natural light, ample kitchen cabinetry, and 1-car attached garage. Unit C offers newer laminate flooring, granite countertops, spacious closets, laundry hookups, and a private 2-car garage. Conveniently situated near SpaceX, LAX, SoFi Stadium, Intuit Dome, Hollywood Park, El Camino College, Alondra Park, shopping, dining, and easy access to the 105 and 405 freeways. All units are tenant occupied. Drive-by only. Please do not disturb or contact tenants. Offering memorandum in supplements.

4215 W 130th, Hawthorne

$1,200,000
DW26182948 MLS Active Status
Priced to move on historic Chung King Road in the heart of Chinatown— a rare two-story live/work property with THREE distinct levels of usable space, including a character-rich retail/creative ground floor with loft, an upstairs 2nd floor residential space, and an approximately 1,200 SF basement with concrete floors. The ground floor is a flexible retail and creative space that opens directly onto historic Chung King Road, with a large storefront window creating a true window onto the pedestrian street and connecting the interior with the energy and character of the corridor outside. The space provides an ideal setting to showcase art, merchandise or a creative concept directly to the street. An open layout, soaring ceilings, and an additional loft—not included in the stated square footage—add character and valuable usable space, making it well suited for a gallery, showroom, design studio, creative office, boutique retail concept or other owner-user vision. The ground floor also has a bathroom with a kitchenette. The second floor is currently configured as two smaller residential units, offering immediate flexibility while presenting an exciting opportunity for a new owner to reimagine the entire upper level. With the right touch, the space could be thoughtfully reconfigured to suit the next owner’s vision and taste—whether maintaining the existing layout or creating a more expansive residential environment to complement the live/work nature of the property. Below, an approximately 1,200 SF basement, also not included in the stated square footage, provides substantial additional space and flexibility. The basement has a separate exterior entrance, with the option to create a direct interior connection to the ground-floor space, allowing a future owner to tailor the property to their needs. Concrete floors add to the look and feel of this basement with so much possibility for its use. Located in the heart of historic Chung King Road, the property is surrounded by a long-established creative community of artists, musicians, galleries, collectors and independent businesses. Moments from Central Plaza, Downtown Los Angeles, and Dodger Stadium , 978 Chung King Road offers an unusual combination of location, character, flexibility and substantial additional usable space. Three distinct levels of usable space. Retail + Loft + Residential + Approx. 1,200 SF Basement. Strategically priced to move.

978 Chung King, Los Angeles

$799,000
3 Beds 2 Baths 26863269 MLS Active Status
Discover an exceptional investment opportunity with this well-maintained single-story duplex in the heart of Inglewood. Offering excellent curb appeal, pride of ownership, and consistent income potential, the property features two thoughtfully designed residences. The front unit offers 2 bedrooms and 1 bathroom, while the rear unit features 1 bedroom and 1 bathroom. Both units have been refreshed with new interior paint and carpeting, while spacious living areas, abundant natural light, and functional floor plans create a warm, comfortable atmosphere. The kitchens feature generous cabinetry and counter space, and each unit includes its own indoor laundry area for added convenience. A long driveway provides ample off-street parking and leads to a detached two-car garage, while the gated backyard offers additional outdoor space and privacy. Ideally situated directly across from Marlborough Elementary School on a wide residential street, the property enjoys a convenient location near shopping, dining, transportation, and many of Inglewood's growing amenities. Important: Property is tenant-occupied and will not be delivered vacant. Sale is subject to tenants' rights. All appliances are the tenants' personal property. Please do not disturb occupants. Offers to be written subject to interior inspection.

1118 Marlborough Avenue, Inglewood

$1,300,000
9 Beds 9 Baths 26875413 MLS Active Status
See DOCS Section for OM. 3815 Don Tomaso Dr., is a six-unit multifamily investment property located in the Baldwin Hills neighborhood of Los Angeles. Built in 1954, the 4,556 square foot multi-level property sits on a 10,866 square-foot lot and offers a diverse unit mix within a single building, in one of the more centrally located rental submarkets in Los Angeles. The property offers investors a compelling value-add opportunity. With below-market in-place rents across the rent roll, a new owner has the opportunity to increase income through turnover while benefiting from the stability of a fully-occupied, centrally located multifamily asset. UNIT DETAILS Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. Several of the units have beautiful wood beam structures that span the ceilings of the living area. Units E and F at the top of the property feature large outdoor patio spaces that can be accessed by the master bedrooms. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. COMMON AREA DETAILS The property has a privacy-friendly design that rises two levels above the street on a large hillside lot. The views from the second and third levels of the property are exceptional spanning all the way to Downtown LA and beyond. A large quiet courtyard on the second level that could be improved with soft seating and landscaping to make a gathering place for tenants. There is also a laundry room that contains a washer and dryer but is not currently being utilized by the tenants. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash, and the landlord pays for water. There is ample street parking across from the property. Investment highlights VALUE ADD - In-place rents offer roughly 47% upside to market, a $4,904 monthly loss to lease. Capturing it through natural turnover lifts NOI from $78,553 to $129,231 and the cap rate from 6.04% to 9.94%.DIVERSE UNIT MIX - Four (4) 1Bed+1Bath units, one (1) 2Bed+2Bath unit, and one (1) 3Bed+3Bath ADUATTRACTIVE BUILDING LAYOUT - Property rises three levels above the street on a hillside parcel creating amazing views and quiet space for tenants SINGLE-BUILDING ASSET - All six units sit within one building on a 10,866 SF lot, simplifying ongoing ownership and management. PRIME BALDWIN HILLS LOCATION - Positioned in a well-established, centrally located Los Angeles rental submarket with consistent tenant demand.

3815 Don Tomaso Drive, Los Angeles

$774,900
OC26183142 MLS Active Status
Great Investment Opportunity in Huntington Park! This well-positioned duplex offers an excellent opportunity for investors or buyers looking to live in one unit while generating rental income from the other. Each unit features 2 bedrooms and 1 bathroom with a functional layout and comfortable living spaces. The property also includes 3 covered carport parking spaces, providing convenient off-street parking for residents—an especially valuable feature in the area. Located in the City of Huntington Park, the property offers convenient access to shopping, restaurants, schools, public transportation, and major commuter routes. Whether you're looking to expand your investment portfolio, create multiple streams of rental income, or take advantage of an owner-occupant opportunity, this duplex offers plenty of potential. Don't miss the chance to own a versatile income-producing property in a centrally located Los Angeles County community.

3727 Olive Unit B, Huntington Park

$3,295,000
6 Beds 5 Baths 26875409 MLS Active Status
ALL UNITS CAN BE DELIVERED VACANT. An excellent investment opportunity of a single family house with 3 units in the back north of Wilshire. This unique beach-style compound is situated on an oversized lot and features a front house plus three additional units. The property features a classic, updated 1914 California bungalow as the front home, offering three bedrooms, two bathrooms, an office, a private backyard, and hardwood floors. It includes in-unit laundry and gated parking for up to four cars, making it ideal for an owner-user. The rear structure contains three one-bedroom, one-bathroom rental units, all of which will be delivered vacant. This provides immediate rental or repositioning potential. Additional amenities include private garages, storage units, and an on-site laundry room for supplemental income. Located in a highly walkable neighborhood just minutes from the beach, dining, and shopping, this property offers significant upside in one of the Westside's most desirable markets.

1124 12th Street, Santa Monica

$3,178,000
11 Beds 8 Baths 26875323 MLS Active Status
Welcome to 712 Pacific Street in Ocean Park. Built in 1987 and in excellent condition, this stunning property IS NOT SUBJECT TO SANTA MONICA RENT CONTROL! This well-maintained property offers a compelling combination of occupancy flexibility and investment appeal. All units have been recently remodeled and feature in-unit laundry, central HVAC, private balconies/patios, and convenient side-by-side gated parking. The highly desirable unit mix adds to the property's appeal. Significant capital improvements provide additional peace of mind, including a new flat roof installed in 2023, all-new HVAC systems in every unit installed in 2023/2024, all new windows in 2013, and the completion of all recommended SB 326 work in 2025. Close to hip and trendy shops, coffee, and eateries like Cobi's, Cedar One Coffee Bar, Local Kitchen + Wine Bar, Thyme Bakery, Bob's Market, and Trader Joe's. Also, not far from SMC, UCLA, LMU, and OTIS College of Design. And when it's time to trade the spreadsheets for some sunshine, the world-famous Strand bike path is just a short ride away. Invest confidently in the Ocean Park lifestyle with a 4-Unit property that feels as relaxed and effortlessly cool as the neighborhood itself. With its vibrant beach-town energy, cool ocean breezes, and coveted coastal marine layers, 712 Pacific Street offers an outstanding combination of lifestyle appeal, quality improvements, flexibility, and investment potential.

712 Pacific Street, Santa Monica

$1,200,000
AR26179212 MLS Active Status
Rare investment opportunity in the heart of South Whittier! This updated, charm-filled 5-unit bungalow-style complex features a buyer-favorite, majority single-story layout ideal for long-term tenant stability with substantial rental upside. The property comprises one spacious 2-bedroom residence alongside four well-proportioned 1-bedroom units. Interior highlights include energy-efficient dual-pane windows, with four residences featuring classic hardwood flooring, granite kitchen counters, and custom tile finishes in the kitchens and baths. The premier 2-bedroom unit enjoys its own private balcony and benefits from updated copper supply lines and modern ABS drainage. Tucked behind a private brick enclosure with back-alley access, the property features five (5) garages plus a community coin laundry and a storage garage for additional income. Convenient location just moments from major medical hubs including PIH Health Whittier Hospital, as well as nearby schools, neighborhood parks, dining, and retail. A stellar multi-family asset ready for its next chapter!

14030 Dicky Street, Whittier

$1,599,900
WS26181117 MLS Active Status
Discover an exceptional income-generating opportunity in one of Alhambra’s most convenient neighborhoods! This unique property features 3 separate legal single-family structures, each fully remodeled with permitted upgrades—offering privacy, modern comforts, and immediate cash flow.The Main Residence: 1300 S Primrose Ave, with 4 Rooms, 2 Bath & Private Garage. Brand-new, lovely interior renovation with bright, modern finishes. Upgraded roof and energy-efficient windows (installed in 2020). An owner-occupant looking for a spacious, move-in-ready home while neighboring units offset the mortgage! Unit #2: 2310 Front St, with 2 Rooms, 1 Bath & Private Garage and Unit #3: 2314 Front St with 3 Rooms, 1 Bath & Private Garage, BOTH Complete 2019 down-to-the-studs remodel with city permits. Unbeatable Investment Potential Live comfortably in the main residence while collecting monthly passive income from next two homes. This substantial income stream significantly reduces your monthly mortgage interest, property taxes, and living expenses—making high-end California homeownership remarkably affordable. Prime, Ultra-Convenient Location Save hours on your daily commute with access to top institutions and vibrant entertainment hubs; 5 Minutes: Premier shopping centers, movie theaters, main street and dining hotspots. 10 Minutes: Cal State LA, East Los Angeles College, USC Health Sciences Campus, and Keck Hospital of USC.20 Minutes: Downtown Los Angeles, Pasadena City College, and Old Town Pasadena. Whether you're a savvy homebuyer seeking an income helper or an investor eyeing a turnkey multi-structure compound, this gem offers unmatched value, high rental yields, and long-term appreciation potential!

1300 S Primrose, Alhambra

$2,250,000
SR26182599 MLS Active Status
Excellent Burbank Property with Three Permitted Units! Beautifully renovated property featuring three permitted units, offering an excellent opportunity for an investor or owner-user. Each unit has its own separate address and meter. 441 S. Main Street, Burbank, CA 91506 3 bedrooms, 2 bathrooms, approximately 1,500 sq. ft. 443 S. Main Street, Burbank, CA 91506 Two permitted units, newly built in 2023: Unit 101: 2 bedrooms, 2 bathrooms, approximately 880 sq. ft. Unit 102: 1 bedroom, 1 bathroom, approximately 620 sq. ft. The spacious 2-bedroom unit is currently vacant and available for immediate occupancy. The other two units are occupied by reliable, long-term tenants, providing immediate rental income. Live in the vacant 2 bedroom unit while collecting rental income from the other two units, or add this desirable three-unit property to your investment portfolio. Please do not disturb the tenants.

441 S Main, Burbank

$1,199,000
HD26183338 MLS Active Status
INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.

415 S 6th Street, Montebello

$899,999
6 Beds 4 Baths 26874757 MLS Active Status
Perfect opportunity to acquire this 3-unit income property offering strong current cash flow with significant upside potential. The property features 3 completely separate units, each with its own dedicated parking and private yard space highly desirable amenities that support long-term tenant retention and consistent rental demand.The attractive unit mix consists of one spacious two-story 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, appealing to a broad range of tenants and maximizing rental flexibility.The property has been well cared for and includes recent exterior paint, upgraded plumbing, and updated windows, helping minimize future maintenance expenses. With solid in-place rents and low operating costs, this asset presents an excellent opportunity for investors seeking immediate income with the potential to increase both cash flow and long-term equity appreciation. Conveniently located in a high-demand rental market near major freeways, employment centers, shopping, dining, schools, and public transportation, this property is ideally positioned for continued tenant demand. BEST PRICED UNITS IN THE IMMEDIATE AREA.

752 Harding Avenue, Los Angeles

$1,300,000
WS26183287 MLS Active Status
5335 & 5337 Carlin St, rare opportunity to own a 2008-built duplex located in the highly desirable West Adams area of Los Angeles. This property offers 2,590 sqft of living space on a 4,831 sqft lot, featuring a total of 8 bedrooms and 4 bathrooms. Each unit includes 4 bedrooms, 2 bathrooms, a laundry room, and central A/C, making it ideal for rental income, multi-generational living, or owner-user with additional revenue potential. Property centrally situated near major shopping, dinning and entertainment destinations, the property provides convenient access to the I-10 and I-405 freeways, and is approximately 15 minutes from Santa Monica and UCLA, depending on traffic. its location within one of L.A's fastest-growing neighborhood adds significant long-term value.

5335 Carlin, Los Angeles

$1,588,000
10 Beds 6 Baths 26872503 MLS Active Under Contract Status
Needle in a Haystack! 100% Vacant, No City or Statewide Rent Control and a "Once in a Blue Moon" opportunity to acquire a 2018 turnkey duplex located less than 2 miles from SoFi stadium, the Kia Forum, and the Intuit Dome in the sizzling hot West Inglewood area just in time for the 2028 Summer Olympics. Tempt yourself with these extra spacious townhouse-style units featuring thoughtful 5 bedroom+3 bath layouts measuring more than 1900 square feet each, large quartz kitchens with stainless appliances, central heating and air conditioning, private laundry rooms, tankless water heaters, and separate yards/patios to make them truly feel like two unique homes! A detached 4-car garage could become additional ADUs (check with city) and plenty of driveway parking further enhances the appeal. Drought tolerant landscape along with individual meters for water, electricity, gas, and sewer/trash help keep management expenses to a minimum. An outstanding investment offering amazing upside potential, phenomenal owner/user, multi-generational, or 1031 exchange options without the headaches of older buildings and best of all, NO RENT CONTROL! Price, square footage, and freedom combined!

546 W Kelso Street, Inglewood

$1,039,000
GD26183202 MLS Active Status
Positioned in the heart of vibrant Highland Park, one of Northeast Los Angeles’ most dynamic and in-demand neighborhoods, this exceptional duplex offers a rare blend of lifestyle, flexibility, and income potential. Set on a gated lot, the property features two well-appointed 2-bedroom, 1-bathroom residences, ideal for owner-occupants seeking to offset their mortgage or investors looking to capitalize on strong rental demand in the area. The front unit, delivered vacant, showcases a bright and inviting open-concept layout, highlighted by a charming fireplace and abundant natural light. This residence includes a private garage, offering additional value. The rear unit offers a comfortable and functional layout with a galley-style kitchen and two dedicated parking spaces, making it highly attractive for tenants or extended living arrangements. The property is secured with gated access, providing both privacy and convenience. Located just moments from York Blvd and Figueroa St, the property offers easy access to popular cafés, restaurants, boutiques, and local attractions. Commuting is convenient with close proximity to the Metro Gold Line and major freeways, providing seamless access to Downtown Los Angeles and surrounding areas. With its prime location, strong rental appeal, and future upside potential, this property presents an excellent opportunity in one of Los Angeles’ most sought-after communities. Buyer to verify all information, including potential development opportunities, and conduct their own due diligence.

219 S Avenue 60, Los Angeles

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

4408 Lockwood Avenue, Los Angeles

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.