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$2,490,000
IV26173620 MLS Active Status
5-UNIT SANTA MONICA INVESTMENT OPPORTUNITY | SELLER FINANCING Investors take note! Here’s a fantastic opportunity to acquire a 5-unit multifamily property in a desirable section of Santa Monica. The property offers tenant mix of four 2-bedroom/1-bath units plus one studio, offering an attractive unit mix in a highly desirable rental market. The studio offers additional flexibility for investment or owner use and features an updated kitchen with new appliances. Existing rents provide potential for long-term income growth. Parking is available for four units. Parking is available for four units. Seller financing offered with a minimum 50% down payment. Terms and buyer qualifications subject to seller approval. Conveniently located near shopping, dining, employment centers, transportation, and the many amenities of Santa Monica and the Westside. An excellent opportunity for an investor seeking a Santa Monica multifamily asset with immediate income and future upside. ** Some photos staged for illustrative purposes**

1646 Berkeley, Santa Monica

$1,025,000
RS26173860 MLS Active Status
RARE WALNUT PARK TRIPLEX — INVESTORS & OWNER-USERS, DON’T MISS THIS OPPORTUNITY! This versatile income-producing property offers three separate units, three garage spaces, a huge driveway, and a generous low-maintenance lot—creating an exceptional opportunity for both investors and buyers looking to live on-site while generating rental income. All three units feature separate entrances and addresses, and each has access to its own washer and dryer. The front building features a 2BD/1BA unit plus a separate 1BD/1BA unit with a bonus room that can function as a second bedroom. The rear building features a 2BD/1BA unit. The expansive driveway provides abundant parking and valuable flexibility for both residents and tenants. Conveniently located near shopping, dining, transportation, and major thoroughfares, with a short commute to Downtown Los Angeles. For the investor, the property offers multiple income streams and rental upside. For the owner-user, live in one unit and generate rental income from the other two, creating an opportunity to offset your housing costs while building long-term real estate value. Three units. Three garages. Separate entrances and addresses. Multiple income streams. Properties offering this combination of flexibility and income potential are a rare find. Whether you're an investor building your portfolio or an owner-user looking for a property that can help pay for itself, this is an opportunity you won't want to miss. Drive by, see the possibilities, make offer and make this Walnut Park triplex yours!

2433 Broadway, Huntington Park

$2,299,888
8 Beds 7 Baths 226003802 MLS Active Status
Multigenerational Estate or Exceptional Investment Opportunity in Desirable San Gabriel! Rarely does a property offer the flexibility, space, and versatility found in this unique dual-home estate featuring two separate turnkey homes on one lot. Perfect for multigenerational living, extended families, live in one and rent the other, or investors, this property offers 8 bedrooms, 7 bathrooms, approximately 5,200 combined square feet.The front residence (419), built in 2006, offers approximately 2,476 square feet with 4 bedrooms, 3 bathrooms, including a main-level 3/4 bath, and an attached 4-car garage. The rear residence (417), built in 1991, features approximately 2,729 square feet with 4 bedrooms, including a spacious primary suite with a luxurious 5-piece bathroom, a junior suite with its own ensuite bathroom, an additional upstairs full bath, a main-level full bath, an attached 1-car garage, and an unfinished 900-square-foot basement providing excellent storage or future expansion potential.Both homes offer the flexibility to convert a portion of the main-level living space into a main-floor bedroom, making them even more accommodating for multigenerational households or guests. Updates for both homes feature fresh interior and exterior paint, new flooring, stainless steel appliances, select new quartz kitchen countertops, and updated bathroom vanities. The rear home also has all new windows. Additional features include leased solar panels - with battery backup (to be transferred to the buyer), fireplaces and fire suppression systems in both homes, and beautifully landscaped grounds showcasing 15 varieties of mature fruit trees.Located within the highly regarded Alhambra School District and less than a block from Marshall Park, you'll enjoy convenient access to playgrounds, walking and jogging trails, lighted basketball courts, multipurpose fields, picnic shelters, and more.Whether you're seeking a private family compound, a live-in investment opportunity, or a rare dual-home property with exceptional flexibility, this one-of-a-kind offering delivers unmatched value in one of San Gabriel's most desirable neighborhoods.

417 Norwood Place, San Gabriel

$1,945,000
6 Beds 4 Baths 26870139 MLS Active Status
NEW CONSTRUCTION | THREE RESIDENCES | A rare ground-up compound of three brand-new residences - This hillside property located in the heart of Highland Park! Designed to reflect the scale and character of the neighborhood around it. Rising from the street behind an original river-rock wall, this three-residence property unfolds up the hillside with private outdoor spaces, separate entrances, and a detached two-car garage at ground level. At the front sits the 3-bedroom, 2-bath residence which offers a wonderfully livable family floor plan, generous open living and dining areas, lots of natural light which open directly to an outdoor patio area - the large kitchen provides plenty of room for cooking, gathering, and entertaining. The primary suite - privately positioned at the rear of the home with its own en-suite bath, walk-in closet, and private patio. Two bedrooms sit off the main living area with a full bath conveniently positioned between them. This simple well-planned layout gives the main home an easy sense of flow. Detached & sitting above is the 2-bedroom residence which occupies its own setting on the hillside, private entrance, and balcony. Separate from the main home. The 1-bedroom lower-level residence is equally self-contained, with its own living area, private entrance, and front patio creating a third distinct place to call home. Together, the three residences create a rare balance of family living, privacy, and income potential. Your Choice: Live comfortably in the main home with the lower residence use for extended family, a nanny, guests and/or additional income - while the detached 2-bedroom residence above offers true separation and the opportunity for meaningful rental income. Located between Bustling York Boulevard & Figueroa Street, Call today for your private showing!

424 N Avenue 54, Los Angeles

$770,000
MB26173473 MLS Active Status
WOW! Rare mixed-use opportunity with 2 separate buildings and 4 units total, offering flexibility, excellent parking, and strong income potential! UNIT 1: The property features a beautiful 3-bedroom, 2-bath home with spacious bedrooms, abundant natural light, a cozy fireplace, large glass doors off the dining area, and a private 2-car garage with its own separate alley entrance. A comfortable and inviting residence with plenty of space to enjoy. The second building offers 3 recently remodeled spaces in excellent condition. UNIT 2: The first features 2 rooms and 1 bathroom. UNITS 3 & 4: The other two each offer an individual space with their own bathroom. UNITS 2, 3 & 4 each have 2 parking spaces in the rear with convenient alley access. Ideal for beauty services, tax preparation, legal, paralegal, or other professional uses. ADDITIONALLY: A large additional storage space includes a bathroom and kitchen area, adding even more flexibility to the property. INVESTORS: Excellent opportunity to create multiple income streams from one versatile property! OWNER-USERS: Enjoy the main residence while taking advantage of the income potential offered by the additional spaces! PROPERTY WILL BE DELIVERED COMPLETELY VACANT AND CLEAN AT CLOSE OF ESCROW.

6214 S Western, Los Angeles

$945,000
PW26173649 MLS Active Status
Value in the Land! Excellent Investment & Redevelopment Opportunity! This 2-story duplex sits on a generously sized 10,469 SF lot, offering excellent potential for future development, ADU, or other multi-unit possibilities, subject to city approval and zoning requirements. The property is currently tenant-occupied, providing rental income while exploring future plans. Each attached unit is approximately 560 SF and features 1 bedroom and 1 bathroom on the first floor, plus a second-floor bonus room with closet. A detached 3-car garage and rear laundry room provide additional convenience and potential. Both units were upgraded approximately 5 years ago with laminate flooring, kitchen cabinets, quartz countertops, sinks, and upgraded electrical panels. Each unit also features a newer mini-split heating and cooling system. A rare opportunity for investors, developers, or owner-users seeking a property with existing rental income and significant land potential. Buyer to verify zoning, permitted use, lot-split/subdivision possibilities, ADU opportunities, development potential, and all property information with the City of Long Beach.

1331 W 19th, Long Beach

$799,900
OC26173613 MLS Active Status
**PROBATE SALE | “DIAMOND IN THE ROUGH” | PRIME HIGHLAND PARK LOCATION | INVESTMENT OPPORTUNITY** Opportunity knocks in highly desirable **Highland Park!** This probate property offers investors, contractors, developers, and savvy buyers the chance to transform a property with **significant upside potential** in one of Northeast Los Angeles’ most sought-after neighborhoods. (ALL CASH REQUIRED TO PURCHASE). Located at **5208 Lincoln Ave, Los Angeles, CA 90042**, the property sits on an approximately **5,398-square-foot lot** and features an existing multifamily configuration (appx 1,432 sq ft total for both units) offering multiple possibilities for renovation, income generation, or future development **subject to buyer verification and applicable City of Los Angeles requirements.** The **front unit is currently an incomplete interior remodel**, providing an opportunity for a buyer to finish the renovation and customize the space to their vision. The **rear unit requires TLC** and presents an excellent opportunity for improvement and value enhancement. Adding to the property's potential, the **rear structure was previously utilized as a garage** and may offer the possibility of conversion to an **ADU (Accessory Dwelling Unit)**, subject to buyer investigation, permits, zoning, building codes, and approval by the City of Los Angeles. This is truly a property for someone who can **see beyond the current condition and unlock its potential!** Located in the heart of Highland Park, the property is conveniently close to the neighborhood’s popular restaurants, cafés, shops, entertainment, and local amenities, with easy access to nearby Eagle Rock, Mount Washington, Glassell Park, Pasadena, and Downtown Los Angeles. **PROBATE SALE — SOLD AS-IS.** Buyer to conduct their own due diligence regarding property condition, unit configuration, square footage, zoning, permits, occupancy, development potential, ADU possibilities, and all other matters affecting the property. Seller makes no representations regarding the feasibility or approval of any proposed improvements or conversion. **HIGHLAND PARK LOCATION + LARGE LOT + EXISTING MULTIFAMILY CONFIGURATION + RENOVATION UPSIDE + POTENTIAL ADU OPPORTUNITY = **DON’T MISS THIS RARE HIGHLAND PARK PROBATE OPPORTUNITY!** DOGS ON PROPERTY!! DO NOT ENTER!! SCHEDULE APPT.

5208 5210 Lincoln, Los Angeles

$2,788,888
6 Beds 4 Baths SB26172596 MLS Active Under Contract Status
Avalon triplex investment opportunity offering 2,832 square feet of living space, coastal charm, and the convenience of a newer build with a garage, modern kitchens and bathrooms, Fujitsu heating and AC, laundry in each unit and tasteful decor. Unit A features a two-story, 3 bedroom, 2 bathroom, a main level living room, kitchen, full bathroom, bedrooms are upstairs, Primary bedroom has electric fireplace, large deck with city and hillside views and ample space for families and larger groups. Unit B indoor staircase in entry to living area, which opens to kitchen, hallway leads to 2 bedrooms and 1 full bathroom. Unit C is single-level, 1 bedroom, 1 full bathroom, with the convenience of a fully equipped kitchen and comfortable living room. Ideally located close to downtown shops, restaurants, and the beach, this property offers an exceptional opportunity to enjoy the best of Avalon while creating potential rental income. Property is being sold furnished, with a Star Electric golf-cart. The property allows for so many possibilities for an island investment—from vacation rentals to personal use or a combination of both. Make this Avalon triplex your Catalina Island investment opportunity and start enjoying the coastal lifestyle!

359 Sumner, Avalon

$1,100,000
OC26173656 MLS Active Status
Welcome to this charming Duplex on a tree-lined street with great income potential. The property offers the flexibility to live in one unit, rent the other, or rent both units for steady income (or explore short term opportunities). Both homes are the same Lot with separate entrance (and mailbox) for the back house. The Front house features 3 bedrooms/2 baths with a Loft, and the Back house features 2 bedrooms/1 bath. Each home comes with a refrigerator, and a laundry area with washer and dryer. Both houses have detached and separate meters. The two (2) parking spaces in the back of the Duplex have an automatic gate off the alley. There's a spacious backyard between the 2 houses and each property can be beautifully manicured and separated for privacy. Great location, with some upgrades in the kitchen, some upgrades in the bathrooms, and has vinyl flooring (no carpets) throughout. Ready to move-in or ready to rent them out. Appreciation potential is high with the Olympics just around the corner! Near the freeway, metro station, shops and restaurants, local park, and beach. Come take a tour and imagine the possibilities.

757 N Loma Vista, Long Beach

$1,295,000
5 Beds 4 Baths 26869829 MLS Active Under Contract Status
A rare opportunity to own a FULLY VACANT charming storybook duplex in one of Silver Lake's most desirable neighborhoods at an exceptional value. Priced at approximately $556 per square foot, this is one of the lowest-priced duplex opportunities in the area, offering an outstanding combination of character, income potential, and long-term upside. Located on a picturesque tree-lined street near Sunset Junction, Echo Park, and some of the neighborhood's best restaurants, cafes, and boutiques, this versatile property is ideal for both owner-users and investors. The front residence, delivered vacant, is an approximately 1,650-square-foot home featuring 3 bedrooms and 3 bathrooms. Filled with natural light, it offers soaring vaulted ceilings, a cozy fireplace, a beautifully updated kitchen, and a warm, inviting floor plan that lives like a single-family home. The rear residence is an approximately 680-square-foot, 2-bedroom, 1-bath unit that can provide immediate rental income. Set on a generous, gently sloping lot with abundant outdoor space, the property also offers exciting potential for expansion, ADUs, or other value-add opportunities (buyer to verify). Private outdoor areas for both residences further enhance the appeal and livability of the property. Whether you're looking to live in one unit while offsetting your mortgage with rental income, add a character duplex to your investment portfolio, or capitalize on the property's future development potential, 720 N. La Fayette Park Place delivers exceptional value in one of Los Angeles' most sought-after neighborhoods.

720 N La Fayette Park Place, Los Angeles

$1,099,999
WS26173297 MLS Active Status
Exceptional duplex opportunity in the heart of Los Angeles. Ideally located minutes from the University of Southern California (USC), Downtown Los Angeles, Exposition Park, BMO Stadium, and the LA Memorial Coliseum. Convenient access to major freeways, public transportation, restaurants, shopping, and entertainment venues. Nearby attractions include Crypto Arena, LA Live, the Natural History Museum, the California Science Center, USC Village, and the Metro E Line, providing easy access to Downtown Los Angeles and Santa Monica. The property consists of two units totaling approximately 1,824 square feet on a 5,875-square-foot lot zoned LARD1.5. Built in 1951, this duplex offers convenient access to major employment centers, educational institutions, and recreational amenities. Buyer to verify all information, including zoning, square footage, and future development possibilities.

1182 Rolland Curtis Place, Los Angeles

$2,700,000
13 Beds 10 Baths 26870057 MLS Active Status
Kidder Mathews is pleased to present 3722 Mentone Ave, a well-maintained 9-unit apartment building situated in the heart of the Palms neighborhood, one of the most centrally located and tightly held rental submarkets on the Westside. The property delivers strong in-place income at a 5.78% going-in cap rate while offering a clear and executable path to a 7.13% market cap rate as below-market units naturally turn over, presenting a rare combination of reliable day-one cash flow and meaningful long-term upside. || The building offers a diverse and desirable unit mix of 1 (Studio/1BA), 4 (1BD/1BA), 3 (2BD/1BA), and 1 (3BD/2BA) across two stories, appealing to Palms' broad renter base of young professionals, couples, and shared households. The property has been consistently well maintained under long-term ownership with strong management in place, reflecting a pride of ownership that is evident throughout the asset and contributing to historically stable occupancy and low tenant turnover. || The property currently has one vacancy, and projected gross rents of $19,430 per month reflect a realistic stabilized income figure once the unit is leased. Approximately 23% in NOI upside remains available as remaining below-market units are brought to market rate through turnover and renovation over time. || Centrally positioned with walkable access to neighborhood dining, retail, parks, beaches, and the Metro E Line, the property offers exceptional connectivity to Culver City, Mar Vista, Mid-City, Santa Monica, and the broader Westside employment base, including major tech and entertainment employers. Residents also benefit from proximity to Sony Pictures Studios, Culver Center Shopping Mall, Veterans Memorial Park, and the weekly Palms Farmers Market, creating a dynamic and highly sought-after residential environment. || For investors looking to establish or grow a Westside multifamily portfolio, 3722 Mentone Ave represents a compelling opportunity to acquire a well-positioned, cash-flowing asset with genuine upside remaining in one of Los Angeles' most desirable and supply-constrained submarkets.

3722 Mentone Avenue, Los Angeles

$1,399,000
SR26170652 MLS Active Under Contract Status
A rare opportunity to own an exceptional multi-residential property featuring two fully independent homes on one expansive lot, offering an ideal blend of luxury, flexibility, and outstanding investment potential. Situated at 7635 & 7633 Fallbrook Avenue in desirable West Hills, each residence enjoys its own address, private entrance, and private outdoor space, making this property perfectly suited for multigenerational living, owner-occupants seeking rental income, or investors looking for a high-performing asset The main residence at 7635 Fallbrook Avenue offers approximately 1,941 square feet of beautifully upgraded living space with 3 bedrooms and 3 bathrooms and bonus suite with its own private entrance, full bathroom, and elegant bamboo flooring. The main residence is thoughtfully designed for both everyday comfort and effortless entertaining. A bright, open-concept floor plan welcomes you with abundant natural light, elegant waterproof composite flooring, recessed lighting, and dual-pane windows throughout. The spacious living room flows seamlessly into the dining area and beautifully updated kitchen, creating a warm and inviting atmosphere ideal for gathering with family and friends. Combining modern finishes with functional living spaces, this home offers the perfect blend of style, comfort, and everyday practicality. Tastefully remodeled bathrooms add a sophisticated, modern touch throughout the home. Step outside to a generously sized backyard designed for both relaxation and entertaining, complete with a cozy fire pit and expansive outdoor gathering areas. Set on an approximately 10,899-square-foot lot, the property provides privacy, functionality, and exceptional outdoor living. The detached ADU at 7633 Fallbrook Avenue is thoughtfully designed with wood-look porcelain tile flooring, an open-concept floor plan, and a beautifully finished kitchen featuring quartz countertops, a center island, and abundant cabinetry. Paid-off solar panels provide valuable energy efficiency and long-term utility savings, while the gated front yard and covered carport offer secure parking and enhanced curb appeal. Just minutes from Westfield Topanga, The Village at Topanga, and Topanga Social, residents enjoy premier shopping, upscale dining, entertainment, and popular cafés all within a short drive. The neighborhood is surrounded by local favorites, from casual dining to fine restaurants, making it easy to enjoy the best of the West San Fernando Valley.

7635 Fallbrook, West Hills

$1,000,049
SR26172852 MLS Active Status
Two Homes. One Outstanding Sherman Oaks Opportunity! Welcome to 5743–5745 Kester Avenue, a desirable duplex offering flexibility, valuable improvements, and excellent long-term potential. Ideal for an owner-user who wants to live in one residence and rent the other, an investor expanding a portfolio, or a multigenerational household seeking separate living spaces. Both units feature hardwood flooring, newer windows, smooth ceilings with no popcorn texture, and comfortable, light-filled interiors. One residence has been further enhanced with a remodeled kitchen, creating a fresh and inviting space for cooking and entertaining. A newer roof provides added peace of mind, while the detached two-car garage at the rear offers convenient parking and additional storage possibilities. Opportunities like this are increasingly difficult to find in Sherman Oaks. Enjoy the income potential of a duplex while retaining the lifestyle and flexibility of two separate residences. Bring your vision and discover the many possibilities this property offers. Live in one, rent the other—or add a well-located multifamily property to your investment portfolio. Don’t miss it!

5743 5745 Kester Avenue, Sherman Oaks

$2,299,000
6 Beds 5 Baths 26868897 MLS Active Status
Sophisticated owner-user duplex offering nearly 3,500 sq ft of living space on a nearly 6,000 sq ft lot in the heart of walkable Pico-Robertson. The fully remodeled lower unit is a true 4-bedroom, 3.5 bath residence that feels like a single-family home, featuring an open floor plan with a state-of-the-art kitchen flowing into living and dining areas accented by beautiful custom wood built-ins, in-unit laundry, surround sound, and exclusive private backyard plus garage access (formerly leased at $7,000/month). The bright upper unit is a 2-bedroom, 2-bath currently rented at $3,350/month. Two attached 2-car garages (one partially converted to a rec room) offer covered parking and the potential to convert into one extra-large ADU or two ADUs. Zoned R3 with TOC Tier 2 and TCAC Highest Resource designation, the property enjoys a 60% density bonus plus parking and FAR incentives in exchange for a modest affordable set-aside, with the Highest Resource status further strengthening eligibility for tax-credit and other financing tools. Ideal location steps from Pico Boulevard's shops, restaurants, and daily conveniencescombining turnkey luxury living, solid current income, and meaningful development upside.

8828 Alcott Street, Los Angeles

$600,000
5 Beds 2 Baths 26869949 MLS Active Status
TRUST SALE | TWO HOMES ON ONE LOT | PRIME BOYLE HEIGHTS LOCATION An exceptional opportunity to own a two-home property in a prime Boyle Heights location. Set on a generous lot, this unique offering features two spacious residences, each with its own distinct living space and excellent potential. The front home offers 3 bedrooms and 1.5 bathrooms, while the rear residence features 3 bedrooms and 1 bathroom, providing a versatile configuration for investors or owner-users seeking additional income potential. Held within the same family for generations, this property is now being offered for sale as the family begins its next chapter. The rear residence benefits from private alley access, adding convenience and functionality for its occupants. Both homes are currently tenant-occupied and are being sold with tenants in place. With Boyle Heights continuing to experience strong demand, investment activity, and neighborhood growth, this property presents an exciting opportunity to acquire, enhance, and maximize the potential of a two-home asset in an evolving Los Angeles neighborhood. Whether you're looking to hold for the future, improve the existing residences, or explore the property's possibilities, this is an opportunity worth serious consideration. PLEASE DO NOT DISTURB THE TENANTS. Please respect the privacy of the occupants and do not approach or contact the tenants directly.

3330 E 8th Street, Los Angeles

$1,150,000
4 Beds 4 Baths 26869673 MLS Active Status
Welcome to 6711 and 6713 St Clair Avenue, North Hollywood, a recently renovated two unite property that beautifully blends modern amenities with timeless charm. This is an excellent opportunity to take advantage of the 1031 Exchange. This fully renovated property, completed in 2018, offers a perfect mix of style and convenience in an amazing location near abundant shopping and entertainment options.Upon entering, you'll be greeted by an inviting living area highlighted by recessed lighting and a classic brick fireplace. The kitchen is a chef's dream, featuring sleek stainless steel appliances, quartz countertops, and durable laminate flooring. Upgraded electrical and plumbing systems ensure peace of mind and reliability. The backyard is a perfect retreat, beautifully adorned with lemon trees and a tiled section ideal for hosting gatherings. This income-generating property includes a fully rented Accessory Dwelling Unit (ADU) with its own address - 6711 St Clair Avenue. Fully furnished 1+1 ADU relatively new provides additional privacy with its own parking space, separate backyard, submeter, and individual water and gas meters. Experience the best of North Hollywood either living in this exceptional home or having a property already setup to earn passive income. Don't miss out on this fantastic opportunity! For more information, contact us directly. PLEASE, Do Not Disturb Current Tenants.

6713 Saint Clair Avenue, North Hollywood

$1,100,000
SR26172976 MLS Active Status
Renovated duplex in Pasadena featuring two separate units. Unit 2538 in the front is a 2 bed + 1 bath offering 1,013 sq. ft. of living space with a covered front porch spanning the full length of the home. The front door leads to an open-concept living and dining area featuring wood-look laminate flooring and recessed lighting. The kitchen has been refreshed with brand new quartz countertops, plenty of storage and counter space, plus a stackable washer and dryer conveniently located inside the unit. Double doors lead into the larger bedroom. Unit 2536 in the rear is a 1 bed + 1 bath with an additional storage room and 897 sq. ft. of living space. The front door leads to a combination living and dining area featuring brand new luxury vinyl plank flooring that flows throughout the home and a fireplace. The kitchen has been upgraded with brand new cabinets, quartz countertops and brand new stainless steel appliances. The bedroom features built-in closets. The bathroom has been refreshed with a brand new quartz countertop vanity. The additional storage room offers flexible space with the option to use as a laundry room. While both units already have individual interior laundry options, the detached two-car garage can be used for laundry as well. The driveway provides additional off-street parking, while separate outdoor spaces give each unit room for entertaining and relaxing. Duplex in the heart of Pasadena is nearby the Rose Bowl, Old Pasadena, Pasadena City Hall, The Huntington Library, Pasadena Playhouse, plenty of dining, shopping, entertainment and much more! Trust Sale.

2538 Woodlyn Road, Pasadena

$845,000
SB26172400 MLS Active Status
1253 E. 46th St presents a rare opportunity to acquire a well- performing 3-unit multifamily property in Los Angeles, offered at $845,000 ($281,667 per unit). The property is currently generating a strong 7.00% cap rate and 10.24 GRM, with pro forma rents indicating approximately 16% upside in scheduled rental income, providing investors with immediate value-add potential. Built in 1913, the property consists of approximately 2,514 square feet of improvements situated on a 7,060 square foot lot, equating to just $336 per square foot. The unit mix includes (2) one- bedroom/one-bathroom units and (1) spacious four- bedroom/one-bathroom unit, complemented by six on-site parking spaces. Ideally located in the heart of Los Angeles, the property offers convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. With strong in-place cash flow, rental upside, and a desirable unit mix, 1253 E. 46th St presents an attractive investment opportunity in one of Los Angeles' most consistently demanded rental markets.

1253 E 46th, Los Angeles

$4,200,000
SB26171394 MLS Active Status
Own a piece of the the Hollywood Riviera with this beautiful, well maintained income property. Rare opportunity. Three of the apartments have been re modeled and one is being done now. Located in the highly sought after and vibrant community of Hollywood Riviera, it has a Redondo Beach mailing address and is actually in the city of Torrance. 8 units consist of two 1BR/1BA and six 2BR/2BA. Present CAP is .04%, proforma is .045%. This building is an easy walk to the Hollywood Riviera Village and the beach. Miles of surfing beaches; walking, biking, jogging paths and gorgeous California coastline. Redondo Beach Pier and Marina is a short distance. Located among $million+ homes and condos, fine dining, retail and entertainment. In the Torrance school system, there are several schools nearby. Easy access to 405 & 110 Fwy, LAX and LA Harbor. 11 subterranean parking spaces in the garage with extra storage for each unit, supply storage, a laundry room and a stairway to the courtyard entry. PLEASE DO NOT GO ON THE PROPERTY OR DISTURB OCCUPANTS. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry

6164 S Pacific Coast Hwy, Redondo 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.