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$1,300,000
8 Beds ⋅ 4 Baths ⋅ 26873747 MLS ⋅ Active Under Contract Status
Rare opportunity to acquire a fourplex in Inglewood's Morningside Park with three vacant units ready for lease-up. This 1944-built Quad with approximately 3,445 square feet of building area sits on a 6,752 SF R3 lot, with all four units in the same clean 2BD/1BA configuration, offering a consistent and highly marketable unit mix. One unit is currently occupied at $2,300/month, providing current in-place income; the remaining three are vacant and lease-ready, giving a new owner immediate flexibility to occupy, rent at market from day one, or reposition without navigating existing tenancies. Detached 4-car shared garages with remote access and an on-site coin-operated laundry round out the amenities. Minutes from Crenshaw Blvd, SoFi Stadium, Intuit Dome, LAX, the South Bay aerospace corridor, and major freeways, in a submarket benefiting from steady high-wage employment growth and continued multifamily demand. A compelling opportunity for an investor or owner-user looking to build long-term wealth through real estate while remaining close to major employment centers in aerospace, technology, sports, and entertainment, with additional long-term development possibilities (buyer to verify). Reach out today.

8207 Crenshaw Drive, Inglewood
$1,099,000
CV26182387 MLS ⋅ Active Status
Well-maintained triplex with pride of ownership throughout. Features a newer roof (approx. 2 years old), updated windows, fresh paint, and new plumbing. Two units are occupied by long-term tenants (over 5 years), providing stable income. Great opportunity for owner-occupant—live in one unit and rent the others—or for investors seeking strong rental potential. All units offer wood and tile flooring, washer and dryer hookups, and functional layouts. All units has open porch for barbecue or family or to seat and have coffee. Front yard fully landscaped. Unit 3 is vacant and can be owner occupied and can be rented for $3500/month or other units can be delivered vacant. Property includes gated access, 3 attached garages, additional parking, and mature fruit trees (guava and pomegranate). Conveniently located near Universal Studios Hollywood and Los Angeles Valley College, with easy access to freeways, shopping, and public transportation.Unit 3 is fully furnished and all furnitures and appliances included.Turn key !

6030 Coldwater Canyon, North Hollywood
$2,195,000
5 Beds ⋅ 5 Baths ⋅ 26873127 MLS ⋅ Active Status
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

4149 Melrose Avenue, Los Angeles
$1,300,000
6 Beds ⋅ 3 Baths ⋅ 26874121 MLS ⋅ Active Status
Excellent investment opportunity with significant upside potential! This four-unit property features three spacious 1-bedroom/1-bath units, approximately 1,100 sq. ft. each, plus one 3-bedroom/1-bath unit. The oversized 1-bedroom units offer the potential to be reconfigured into 2- or 3-bedroom layouts, providing an opportunity to increase rental income and maximize the property's value. Projected rents offer strong income potential for an investor looking to reposition the property. Seller will review all offers!

1674 W 25th Street, Los Angeles
$1,350,000
SB26182201 MLS ⋅ Active Status
TWO HOUSES!!! TWO 3 bedroom homes PLUS a bonus studio. Very private two on a lot, with a long driveway and covered parking. The front house is a 3 bedroom, two bathroom home built in 1953 with hardwood floors, terra cotta tiles, lots of windows, and one designated parking spot. The back upstairs house, built in 1977 is a 3 bedroom with one bath. This home has a large kithcen and dining room, newer flooring, balcony with peekaboo view covered parking, backyard with lemon tree and garden area. The property also has a bonus studio area with a kitchen and 1/2 bath. The bonus area is being rented with the upstairs 3 bedroom at this time. Two utility rooms are at the back of the property, one has washer hookups and two newer water heaters. Located in very desirable upper Vista Del Oro area in Coastal San Pedro, boasting some of the best weather in the country if not the world. The owner may consider carrying the loan for the buyer.

1235 W 24TH STREET, San Pedro
$675,000
4 Beds ⋅ 2 Baths ⋅ 26874447 MLS ⋅ Active Status
Great upside potential here!! This property features a generiously sized backyard, offering value added opportunity ADU potenital; subject to applicable zoning requirements and obtaining the necessary permits.

855 E 88th Place, Los Angeles
$1,150,000
PW26182260 MLS ⋅ Active Status
Cash Cow!! Well kept 4-unit building with brand new 2-bedroom ADU at the rear of the property with stacked laundry closet and split-system heating and cooling. Front building units were remodeled at one time. Great investment property situated close to schools, shops & public transportation.

8939 Elizabeth Avenue, South Gate
$7,800,000
OC26182244 MLS ⋅ Active Status
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses. Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671. Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity. ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal.

10012 Valley, El Monte
$1,697,000
DW26182229 MLS ⋅ Active Status
Rarely does this opportunity come to market. Excellent opportunity for INVESTMENTS. This exceptional 5-unit investment property plus an ADU. It features 2 units with 2-bedrooms/1-bath and 3 units with 1-bedroom/1-bath plus an ADU with 1-bedroom/1-bath. MAJOR remodeling has been done. New paint throughout the whole building. All units with new kitchen cabinets, NEW laminated floors, and remodeled bathrooms. Wall has gas heater. No A/C. New electric panels. Close to restaurants, shopping, and universities, such as USC and CAL State LA.

5210 Oakland, Los Angeles
$1,550,000
SB26182215 MLS ⋅ Active Status
An extraordinary opportunity awaits in the highly desirable Westchester neighborhood of West Los Angeles. Ideally suited for an owner-operator, first time investor, or developer. This four-unit apartment property combines immediate income potential with significant opportunities to potentially enhance future value with ADU's or additional units. Exceptional Owner-User & Investment Opportunity. The property consists of four one-bedroom, one-bath units. Individual front doors and rear entrances into the kitchens add convenience and privacy for residents. Thoughtful property improvements include sound-reducing dual-pane windows, sound-reducing front and rear exterior doors, refreshed interiors, attractive landscaping, a dedicated laundry facility, and four enclosed single-car garages with overhead door openers. For investors and developers seeking additional upside, the property may also offer potential for the addition or conversion of ADUs, subject to applicable state and local laws, zoning, approvals, and feasibility. The existing garages and property configuration create an intriguing opportunity to explore ways to further maximize the site’s income-producing potential. Westchester continues to benefit from its strong demographics, high rental demand, and exceptional location. The surrounding community offers convenient access to major employment centers, educational institutions, recreation, shopping, dining, transportation corridors, and the greater Westside. For the owner-user or investor looking to establish a foothold in one of West Los Angeles’ most desirable and strategically located communities, this fourplex presents an exceptional opportunity to create both immediate and long-term value.

5734 Morley, Los Angeles
$4,100,000
18 Beds ⋅ 18 Baths ⋅ 26874227 MLS ⋅ Active Status
Situated near the intersection of Brand Boulevard and Chevy Chase Drive, the building grants tenants convenient access to Glendale's numerous amenities, including the nearby Americana at Brand and the Glendale Galleria, each within one mile. Due to the fact that the property is subject only to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable annual rent increases, when compared with other assets subject to Los Angeles City rent control. The plumbing system has already been upgraded with copper pipes, and the property also does not appear on the Seismic Retrofit List, saving a new owner from an otherwise significant capital expense (Buyer to verify). A large on-site storage unit could potentially be converted to an ADU (Buyer to verify), adding significant value in a high-demand rental submarket. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property. 9

214 E Chevy Chase Drive, Glendale
$780,000
DW26182189 MLS ⋅ Active Status
Excellent opportunity to own a versatile Duplex in Lynwood. The front unit features 3 bedrooms while the rear unit offers 1 bedroom plus and additional bedroom/bonus room that is not reflected in the public records. The property offers ample parking for multiple vehicles, along with a one car garage, providing excellent convenience and additional storage potential. With its functional layout and generous parking, this property is ideal for an owner-user, extended family, investor looking for rental income potential. Don't miss this opportunity to add value and make this duplex your own. Buyer to verify permits, square footage, and all property information with the appropriate authorities.

4527 Mcmillan, Lynwood
$1,595,000
SR26181870 MLS ⋅ Active Status
Prime Burbank Duplex Opportunity Near the Studios! This is an exceptional opportunity to own a well-maintained duplex in the heart of Burbank, ideally located near the major studios, shopping, dining, entertainment, and everything this highly desirable city has to offer. Each tenant-occupied unit features 2 bedrooms and 1 bathroom, offering comfortable and functional living spaces with the added convenience of in-unit laundry. Both residences enjoy their own private side yard, providing valuable outdoor space rarely found in multi-unit properties. Additional features include carport parking, fresh interior and exterior paint, new fencing and a brand new roof, giving the property a clean and refreshed appearance. With both units currently tenant occupied, this is a fantastic opportunity for an investor looking to add a Burbank income property to their portfolio. Ideally situated near Warner Bros. Studios, Walt Disney Studios, Universal Studios, and other major entertainment employers, this duplex combines a highly sought-after location with long-term investment potential. Two units. One prime Burbank location. Endless possibilities.

4001 W Verdugo Avenue, Burbank
$2,150,000
SB26182001 MLS ⋅ Active Status
Prime 5-Unit Apartment Building in North Torrance – High Yield Investment Opportunity Introducing a rare multi-family investment opportunity in the heart of North Torrance. This well-maintained 5-unit apartment building features a desirable unit mix of (3) spacious 3-bedroom/2-bath units and (2) 1- bedroom/1-bath units, totaling 4,963 sq ft of living space on a 6,258 sq ft lot.

3723 Artesia, Torrance
$1,425,000
6 Baths ⋅ 26874537 MLS ⋅ Active Status
Desirable Valley Glen with Owner's Unit featuring Large Private Enclosed Patio. In-Place Cash Flow: $120,665 in gross income with a 5.65% cap rate, providing steady initial yield for a 6-unit San Fernando Valley asset. Property Features: Detached carport parking (6 spaces) and on-site laundry facilities. Rental Upside Strategy: 30%+ rent growth to reach full market potential. ADU Potential: With LAR3 zoning and a 6,751 sq. ft. lot, converting detached carport structures or garages into an Accessory Dwelling Unit (ADU) could add an immediate 7th revenue stream. Appreciation DriversPrime Location: Minutes from the NoHo Arts District and NOHO West retail plaza, driving strong tenant demand from young professionals and entertainment industry workers. Transit & Access: Proximity to the North Hollywood B Line (Red) Metro station and major Valley thoroughfares positions the asset well for long-term infill land value growth.

6254 Whitsett, Valley Glen
$1,279,000
3 Beds ⋅ 2 Baths ⋅ 26874221 MLS ⋅ Active Status
Welcome to this charming 1920s Spanish-style detached duplex, ideally situated on an expansive gated lot perched above the street in Pasadena's desirable Northwest neighborhood. Blending timeless architectural character with thoughtful modern updates, this unique property offers exceptional versatility, privacy, and abundant parking just minutes from the Rose Bowl, Brookside Park, the scenic walking loop, access to hiking trails, La Pintoresca Park/Library and the shops and restaurants along Lincoln Boulevard. A gated driveway provides generous off-street parking, complemented by a detached one-car garage equipped with an EV charger. The elevated lot offers a wonderful sense of privacy and separation from the street, while the property's Spanish-era character is enhanced by original wood floors, large windows, and an abundance of natural light. The front unit features two bedrooms plus a convenient office nook, one bathroom, original wood flooring, large windows, and mini-split A/C units for efficient year-round comfort. The rear unit offers one bedroom and one bathroom, along with a generously sized kitchen, in-unit washer and dryer, and its own mini-split A/C unit. Whether you're looking for an owner-user opportunity, multigenerational living, supplemental rental income, or a flexible investment property, this beautifully maintained and nicely remodeled duplex presents a rare opportunity in one of Pasadena's most sought-after neighborhoods. Enjoy the best of Pasadena living with easy access to parks, recreation, dining, shopping, and the Rose Bowl, all while coming home to a private, gated retreat.

55 W Washington Boulevard, Pasadena
$4,600,000
BB26181991 MLS ⋅ Active Status
1642 & 1652 Murchison Street consist of a 2026-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplex properties, 40 rentable bedrooms, 16 parking spaces and a 6.81% cap rate. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 5-bedroom, 5-bathroom residences, each with its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio is projected to generate over 390k in annual gross income and can be delivered fully stabilized. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. Located in prime Boyle Heights, just minutes to Downtown LA and the Arts District. Located near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State LA, the property benefits from strong and consistent rental demand.

1652 Murchison, Los Angeles
$739,000
3 Beds ⋅ 2 Baths ⋅ 26874519 MLS ⋅ Active Status
Prime Boyle Heights Income Property! An exceptional investment opportunity featuring two beautifully modernized, individually metered homes on one expansive lot. The front residence welcomes you with a charming porch, leading into a fully remodeled interior complete with a designer kitchen, brand-new appliances, and premium laminate and tile flooring. It offers two bedrooms, one bathroom, and a functional utility room. The rear residence is a spacious one-bedroom, one-bathroom home boasting an oversized kitchen and dedicated laundry space. Complete with secure parking for six vehicles and additional storage sheds, this turnkey property is a rare, high-yield find.

3533 E 8th Street, Los Angeles
$1,038,000
PW26181958 MLS ⋅ Active Status
Welcome to 320 E 35th St, a fantastic Los Angeles opportunity offering both value and versatility in a convenient location. This property features a functional layout with spacious living areas, generous bedroom space, and excellent potential for a homeowner or investor looking to add value. Ideally situated near the University of Southern California (USC), the property offers convenient access to campus, major freeways, shopping, dining, entertainment, and everyday amenities. Its proximity to USC makes this an especially attractive location for students, faculty, professionals, and investors seeking a property in a high-demand area. Whether you’re looking for a primary residence, rental investment, or an opportunity to improve and build equity, 320 E 35th St presents an exciting opportunity in Los Angeles. Don’t miss your chance to own a property near USC with excellent location and long-term potential. Schedule your private showing today!

320 35th Street, Los Angeles
$1,850,000
11 Beds ⋅ 4 Baths ⋅ 26874427 MLS ⋅ Active Status
We are pleased to present 1339 W. 35th Place, a rare vacant development opportunity in the highly desirable USC student-housing market. Situated on a mostly level, rectangular 6,790-square-foot lot, the property is zoned RD2-1-CPIO and offers a compelling blank canvas for a thoughtfully designed income-producing project. Based on the underlying RD2 density standard, the site may accommodate up to 3 primary dwelling units and may also qualify for up to 2 detached ADUs, creating the potential for as many as 5 residences, subject to all applicable approvals and development standards. The property is located within the located in the highly desirable DPS Patrol Zone just blocks from the University of Southern California. The property also offers convenient access to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Metro E Line, Downtown Los Angeles and major transportation corridors.With strong demand for housing near USC, no tenant relocation required and the potential to develop multiple rental units, 1339 W. 35th Place presents an attractive opportunity for developers and investors seeking long-term income and value in a supply-constrained infill location.

1339 W 35th Place, Los Angeles
$899,000
SR26178440 MLS ⋅ Active Status
Remodeled Triplex near USC and DTLA. Front units are 2 bedrooms/1 bath each. Rear unit/ Main home features 3 bedrooms and 2 bathrooms with approximately 1,050 sq ft of living space. Newer cabinets, update kitchen, granite counters, newer tile flooring and an exterior laundry area and a private backyard. Extensive upgrades include a fully gated lot with secure wrought-iron entry and concrete throughout for low-maintenance living. The back units are well-designed 2-bedroom, 1-bathroom residences with approximately 402 sq ft of living space per unit. Location further enhances the value—situated just blocks from Fifty-Second Street Elementary, John Muir Middle School, and Augustus F. Hawkins High School, with convenient access to the I-110, I-10, and I-105 freeways for easy commuting throughout Los Angeles. Nearby restaurants, grocery stores, shopping, hospitals, and recreational amenities provide everyday convenience. Whether you’re a first-time buyer, multi-generational household, or investor seeking strong rental potential in a central LA corridor, this Triplex stands out for its move-in-ready condition.

712 W 54th, Los Angeles
$819,000
SB26180180 MLS ⋅ Active Status
6 Units For Sale in Los Angeles, along with previously approved plans to convert the existing garage to an ADU. Professionally managed, well kept. 4 very large 1/1s in the front and 2 cute studio units in the back. Plenty of street parking nearby. Huge Upside. Lots of potential to add value.

324 W 50th, Los Angeles
$675,000
PW26180898 MLS ⋅ Active Status
Duplex with Two Separate Homes. Great opportunity to own a duplex featuring two separate homes on one lot. The front/primary unit offers 2 bedrooms and 1 bathroom, with a convenient laundry area. The second home offers 1 bedroom and 1 bathroom, providing additional flexibility for rental income, extended family, or a first-time buyer looking to offset their mortgage with rental income. This property offers multiple possibilities for an investor or owner-occupant. Live in one home and rent out the other, or add both units to your investment portfolio. Conveniently located near local shopping, schools, transportation, and everyday amenities.

217 W Douglas, Compton
$1,595,000
10 Beds ⋅ 6 Baths ⋅ 26872651 MLS ⋅ Active Status
Exceptional 5-unit investment opportunity in North Inglewood, featuring 3 original units plus 2 newer 2Br+1Ba ADUs. With 4 units currently occupied and 1 vacant, the property offers immediate rental income along with flexibility for an owner-user or investor.The ground-floor unit is a 613 SF 1Br+1Ba+Den. The second-floor unit offers 966 SF with 2Br+2Ba and a balcony off the living room. The spacious third- and fourth-floor Owner's Unit spans approximately 1,532 SF over two levels and features 3Br+2Ba, a private balcony off the Primary Suite, and a rooftop deck. Two additional ADUs, each with 2Br+1Ba, complete the property for a total of 5 units.The units feature newer kitchens and bathrooms, updated flooring, appliances, and additional improvements throughout. Built in 1990 and well maintained, the property also features 100% copper plumbing.Ideally located near Ladera Heights and Hyde Park, approximately 2 miles north of SoFi Stadium, 3 blocks east of La Brea Avenue, and 2 blocks south of Centinela Avenue. A compelling opportunity to acquire a versatile income-producing property with a desirable unit mix and strong long-term investment potential.

231 E Hyde Park Boulevard, Inglewood
$1,300,000
4 Beds ⋅ 2 Baths ⋅ 26874363 MLS ⋅ Active Status
639, 637 & 635 80th St. Los Angeles, Southwest Metropolitan. 5 rental units in three buildings. Solid rental investment. One front building with three apartments, and its own fenced front yard. Additional two more houses in the back and plenty of parking on the lot that is as well suitable for additional units' expansion.

639 W 80th Street, Los Angeles
$750,000
PW26181671 MLS ⋅ Active Status
Attention investors! Don't miss this exceptional income opportunity in Los Angeles. This move-in-ready duplex is a turnkey addition to your portfolio, offering strong cash flow in a market with high housing demand. Both units are in great condition and occupied by great tenants, giving you immediate, reliable rental income from day one. With two separate units, this property offers flexibility to owner-occupy one side while renting the other, or simply sit back and collect income from both. The lot also offers potential for an ADU or additional improvements down the road, subject to buyer verification with the City of Los Angeles, adding long-term upside to an already performing asset. Conveniently located near schools major freeways, public transportation, shopping, and more, this property is well positioned for lasting tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive long-term hold. Don't miss out on this opportunity.

1374 E Vernon, Los Angeles
$725,000
IV26181017 MLS ⋅ Active Status
Great 3 unit property fully occupied. There is plenty of onsite parking and street parking as well. Located across the street from an Elementary school and walking distance to South Park Recreation Center. This is a great property to add to your portfolio!

724 E 50th, Los Angeles
$3,975,000
WS26180702 MLS ⋅ Active Status
Monterey Terrace Apartments is a 12-unit multifamily property located at 90 & 92 Monterey Road in South Pasadena, California. The property consists of three two-story walk-up buildings totaling 8,355 gross square feet. Built in 1963, the asset features a unit mix of twelve 2-bedroom/1-bathroom units, with approximately six units averaging 655 square feet and six units averaging 670 square feet. The property has undergone significant capital improvements, including a gut renovation in 2008 with upgraded plumbing, electrical systems, windows, flooring, kitchens, appliances, cabinets, bathrooms, fixtures, hot water heaters, and central air conditioning units. Additional improvements include soft-story parking reinforcement completed in 2008, and a completed SB 721 decking inspection. Monterey Terrace Apartments presents an opportunity to acquire a renovated multifamily asset in South Pasadena with potential long-term upside through its high-density SPR4 zoning designation. Situated on a 14,040 square foot lot, the property benefits from zoning that allows for potential future development up to 20 units, subject to buyer verification. The asset is located within a residential neighborhood featuring a mix of condominiums, apartments, and single-family homes. With upgraded building systems, individually metered utilities, renovated interiors, and completed capital improvements, Monterey Terrace Apartments offers investors a stabilized multifamily opportunity with additional value potential.

90 -92 Monterey Road, South Pasadena
$1,995,000
8 Beds ⋅ 7 Baths ⋅ 26874367 MLS ⋅ Active Status
1059 S Corning St, a charming 7-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California. Builtin 1957, the property consists of (6) one-bedroom + one-bathroom units and (1) two-bedroom + one-bathroom unit. The building is 5,457 gross square feet and sits on a 6,101 square foot lot.Nestled in the heart of the Pico-Robertson neighborhood, 1059 S Corning St offers residents a highly walkable, centrally located Los Angeles lifestyle surrounded by a diverse mix of dining, shopping, and everyday conveniences. Just minutes from Beverly Hills, Century City, and West Hollywood, the property provides seamless access to some of LA's most desirable employment and lifestyle hubs.With a strong Walk Score, residents enjoy close proximity to neighborhood cafes and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, TheGrove, and major thoroughfares including Olympic and La Cienega.1059 S Corning St also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of4.43%, with the potential to reach a 6.46% CAP rate upon unit turnover.

1059 S Corning Street, Los Angeles
$5,299,000
4 Beds ⋅ 4 Baths ⋅ SB26181602 MLS ⋅ Active Under Contract Status
One of the few remaining full oceanfront parcels on the Hermosa Strand, producing income while you plan your vision. 532 The Strand is a 30 x 80 oceanfront lot at 6th Court, just south of the Hermosa Pier, improved with a three unit residential income property of approximately 2,450 square feet. It carries three legal addresses (532,530 & 528 The Strand). The building works for itself today with three separate legal addresses, each with its own private outdoor space, its own kitchen and its own in-unit laundry. Two (2) upper level one bedrooms, one facing the Strand directly and one with a double-sized deck. And a beach level two bedroom, one and a half bath with updated appliances, a fireplace, and a patio opening directly onto the sand. Three garage spaces on site. For a buyer with a longer timeline, entitlement on the coast takes the time it takes, and this parcel is not an empty lot waiting on a permit. Occupy one unit and lease the others. Lease all three. Run furnished thirty day and longer terms: the point is, there's options. And because it is classified residential income rather than a personal residence, it can serve as replacement property in a 1031 exchange. For a buyer carrying a gain out of another investment property, that is conversation worth having with a trusted CPA to determine options. The bottom line is: frontage on the Strand is finite. This is one to look more closely at because it produces today and can evolve on your schedule.

532 The Strand, Hermosa Beach

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.