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323 E Chestnut Street, Glendale
$8,000,000
27 Beds ⋅ 24 Baths ⋅ 26873611 MLS ⋅ Active Status
323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it from many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an exceptional Downtown Glendale location within walking distance of The Americana at Brand, the Glendale Galleria and a wide variety of restaurants, cafs, entertainment venues and everyday services. With a Walk Score of 96, designated a "Walker's Paradise," residents can complete most daily errands on foot, providing the property with a meaningful competitive advantage and supporting its long-term rental appeal. 323 E Chestnut Street presents investors with the opportunity to acquire a substantially renovated Glendale apartment community offering a favorable unit mix, attractive resident amenities, exceptional walkability, all in a highly sought after downtown Glendale location.

323 E Chestnut Street, Glendale

2284 Holly Drive, Los Angeles
$1,650,000
OC26180853 MLS ⋅ Active Status
Prime Developer/Builder Opportunity - 13,880 SF + 8,660 SF (Double Lot total = 22,540 SF) Unique opportunity to create your dream home while generating income from two additional units (3 separate dwelling units total + 4 single car garages). Situated on two adjacent parcels totaling approximately 22,540 square feet, the property offers exceptional flexibility and long-term potential. Remodel the existing front residence or explore building a new custom home while retaining the two rear units as income-producing rentals. The adjoining undeveloped parcel provides additional space for outdoor living, gardens, recreation, or future development. In addition to the 4 single garages (2 currently leased) - the mostly flat site features easy road access and convenient curb parking. An ideal opportunity for an owner-user seeking a spacious residential property with supplemental rental income. Development and use possibilities are subject to applicable zoning, permits, and governmental approvals. Owner to consider financing.

2284 Holly Drive, Los Angeles

1042 Western Avenue, Glendale
$7,000,000
20 Beds ⋅ 21 Baths ⋅ 26873639 MLS ⋅ Active Status
1042 Western Avenue, a well-maintained, 17-unit multifamily community located in a highly walkable Glendale neighborhood. Built in 1963, the property contains approximately 11,058 square feet of building area and features a favorable unit mix consisting of two studio apartments, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and four two-bedroom/two-bathroom units. The unit count includes one permitted accessory dwelling unit. Ownership has recently remodeled 15 of the property's 17 units, providing an investor with the opportunity to acquire a substantially renovated apartment community with limited near-term interior capital requirements. The remodeled units feature new flooring and appliances, quartz countertops and updated HVAC systems. The units also offer large closets and generous interior storage, providing residents with comfortable and functional living spaces. On-site amenities include a swimming pool and laundry facilities. The property also contains seven large storage units, which may be rented separately to generate additional income. Subject to an investor's independent investigation and applicable governmental approvals, the storage area may also present the potential for conversion into an additional accessory dwelling unit. The property is located just a short drive from Downtown Burbank, providing residents with convenient access to its extensive collection of restaurants, shopping, entertainment venues, major employers and media-industry employment centers. The property's strategic location between Glendale and Burbank, along with its proximity to neighborhood amenities and everyday services, contributes to its continued rental appeal. 1042 Western Avenue presents investors with the opportunity to acquire a substantially renovated Glendale apartment community with approximately 15% upside in rents, that also offers a diversified unit mix, attractive resident amenities and multiple potential avenues for additional income and long-term value creation.

1042 Western Avenue, Glendale

5623 Woodman Avenue, Los Angeles
$935,000
5 Beds ⋅ 4 Baths ⋅ 26873871 MLS ⋅ Active Status
We are pleased to present a triplex located at 5623 Woodman Ave in Van Nuys, California. The subject property is located in a great Van Nuys location, just north of Burbank Blvd and west of Fulton Ave. Located in Van Nuys adjacent to Sherman Oaks, this triplex features a front house and rear duplex, presenting an excellent owner-user and value-add opportunity. One unit will be delivered vacant in partially stripped condition, allowing for comprehensive renovation and repositioning, while approximately 25% rental upside enhances income potential. The property includes three garage parking spaces with potential for ADU conversion, subject to buyer verification. A charming, shared courtyard and mature landscaping provide privacy, shade, and outdoor leisure space. The property also qualifies for 30 year fixed residential financing and offers convenient access to major commercial corridors, the 101, 405, and 170 freeways, Metro Orange Line, recreation, dining, shopping, and everyday amenities throughout Van Nuys and Sherman Oaks. With a flexible triplex layout, vacant value-add unit, strong rental upside, ADU potential, and a great central Van Nuys location, the property presents a compelling opportunity for both owner-users and investors.

5623 Woodman Avenue, Los Angeles

7642 Hampton Avenue, West Hollywood
$1,599,000
4 Beds ⋅ 2 Baths ⋅ 26872445 MLS ⋅ Active Status
Two Vacant Units | Prime WeHo Location | Owner-User Opportunity | WDR2 Development Potential Exceptional opportunity to acquire a rare West Hollywood duplex on a corner lot DELIVERED VACANT. BOTH UNITS! Ideally located with easy access to Melrose Ave, Santa Monica Blvd, the Sunset Strip and Fairfax Ave, placing some of LA's best dining, shopping and entertainment within easy reach. This highly walkable location is centrally positioned near Hollywood, Beverly Grove and Beverly Hills. Vacant delivery provides exceptional flexibility: live in one and rent the other at market rent, accommodate extended family, create separate work/guest space, or establish new rents for both units without inheriting existing tenancies. Situated on an approximately 4,067 SF WDR2-zoned lot, the property also presents compelling long-term potential for investors and developers to explore redevelopment, additional residential density and/or ADU possibilities. Whether envisioned as an owner-user duplex, income property, multi-generational residence, value-add investment or future development opportunity, 764244 Hampton offers the rare combination of vacancy, location, income potential and land value in the heart of West Hollywood. Buyer to independently verify zoning, density, ADU eligibility, State Density Bonus Law, SB 79 applicability, tenant/RSO history, demolition restrictions and all development possibilities with the City of West Hollywood. Offered at $1,725,000. Development, zoning, density, ADU and redevelopment possibilities are not guaranteed. Buyer and Buyer's representatives should independently verify all zoning, development standards, allowable density, incentives, permits and intended uses with the City of West Hollywood and other applicable governmental agencies.

7642 Hampton Avenue, West Hollywood

3151 W Avenue 32, Los Angeles
$1,750,000
SR26180485 MLS ⋅ Active Status
Irreplaceable 7-Unit Glassell Park Corner lot 3 building Compound Rare 7-unit multifamily compound consisting of three separate buildings on a prominent corner lot at Avenue 32 and Andrita Street in Glassell Park. The key investment story is the density. Zoned LARD2, the property’s existing seven-unit configuration exceeds what could typically be recreated under current zoning, creating a scarce legal non-conforming asset in a supply-constrained Northeast Los Angeles submarket. California ADU laws may also provide additional upside through conversion of existing garage or storage space, subject to buyer verification. The property includes a 1920s Spanish duplex with two large one-bedroom townhouse-style units; a 1958 fourplex with three one-bedroom units, one large two-bedroom unit, and four single-car garages; and a detached 1920s two-bedroom bungalow with private garden, patio, and two-car garage. Long-term ownership has maintained the property while preserving meaningful value-add opportunity through future unit renovations. Each unit is separately metered for gas and electric with individual water heaters. On-site laundry provides additional income. Six garages plus surface parking, multiple structures, strong existing density, in-place income, and a desirable Glassell Park location create a compelling combination of current yield, scarcity, and long-term upside. A bonus adjacent parcel to the north includes a long garage and large storage unit. Zoned LARD2. Subject to Los Angeles RSO. Buyer to verify units, permits, square footage, zoning, income, condition, and ADU potential with the City of Los Angeles.

3151 W Avenue 32, Los Angeles

276 Thorne Street, Los Angeles
$925,000
6 Beds ⋅ 3 Baths ⋅ 26873675 MLS ⋅ Active Status
Nestled along a beautiful tree-lined street in the heart of Highland Park, this charming 1893 multifamily property is a rare find, offering a spacious four-bedroom, two-bath upper residence alongside a two-bedroom, one-bath unit. Rich with original character and timeless Craftsman charm, the upper residence features high ceilings, generous light-filled rooms, and a spacious private front yard, creating a tranquil setting with plenty of room to live and grow. The rear residence enjoys its own spacious private backyard, ideal for relaxing, entertaining, or creating a peaceful outdoor retreat. Both units feature in-unit laundry. Located in the desirable Garvanza/Highland Park pocket, with convenient access to shops, restaurants, and neighborhood favorites along the York Boulevard corridor. Updated systems includes a new roof, and the foundation is in good condition. While the property would benefit from some thoughtful updates and TLC, its character, generous spaces, and unique configuration provide a wonderful canvas to restore and reimagine a distinctive piece of Highland Park history while enjoying the flexibility and potential of multifamily living. Additional Photos Coming Soon.....

276 Thorne Street, Los Angeles

947 949 S Ford Boulevard Unit 1, Los Angeles
$745,000
DW26180396 MLS ⋅ Active Status
Excellent Duplex Investment Opportunity in East Los Angeles! This well-located duplex offers an outstanding opportunity for an investor, owner-user, or multi-generational household looking to generate rental income while building long-term value. The property features two detached residential units. 947 & 949 Ford Blvd are situated on a spacious lot, providing excellent privacy and flexibility. The front unit, 947 Ford Blvd features 2 bedrooms and 1 bathroom, while the rear unit, 949 Ford Blvd offers 3 bedrooms and 1 bathroom. The detached layout creates a desirable separation between units and provides multiple possibilities for an owner looking to live in one residence while renting the other, or for an investor seeking income-producing property. The property offers generous parking, including garage parking and a long driveway, along with private front and rear yard areas. Additional features include separate utility meters and convenient access to major transportation routes and freeways, making commuting throughout Los Angeles and surrounding communities convenient. Located in the heart of East Los Angeles, the property is close to shopping, dining, schools, public transportation, and major freeways, including the 5, 60 and 710 Freeways. Whether you're an investor looking for a two-unit income property or an owner-user seeking additional rental income, 947 & 949 S. Ford Blvd. presents a unique opportunity in a highly accessible East Los Angeles location.

947 949 S Ford Boulevard Unit 1, Los Angeles

301 W Adams Avenue, Alhambra
$1,395,000
P1-28493 MLS ⋅ Active Status
Charming Alhambra duplex opportunity in a desirable residential neighborhood. 301 W Adams Ave offers excellent flexibility for an owner-user, investor, or multi-generational living setup. Situated on a generous lot, this property features classic character, functional living spaces, and strong upside potential. Whether you are looking to live in one unit and rent the other, add to your income property portfolio, or explore future value-add possibilities, this property presents a rare opportunity in a prime Alhambra location. Conveniently located near local shopping, dining, schools, parks, public transportation, and major commuter routes, this property offers both everyday convenience and long-term rental appeal. Buyer to verify all permits, square footage, zoning, use, and development potential. Front house has a 3rd, unpermitted bedroom.

301 W Adams Avenue, Alhambra

1208 E 34th Street Los Angeles CA, Los Angeles
$790,000
MB26180319 MLS ⋅ Active Status
**Great Opportunity – Duplex ** The 3rd unit may not be permitted with 2 bedroom's 1 bathroom with tenants. The front house with 3 bedrooms 1 bathroom, it's will be possible to leave vacant at close Escrow. Everything is negotiable. Great opportunity to own a well-maintained duplex in a convenient location, close to schools, shopping, public transportation, and major freeways. The property is also just minutes from the University of Southern California (USC), making it an excellent opportunity for homeowners and investors alike. **Property Features:** * **Unit 1 – Downstairs:** 3 bedrooms, 1 bathroom * **Unit 2 – Rear Unit:** 1 bedroom, 1 bathroom * ** Bonus Unit:** 2 bedrooms, 1 bathroom — **unpermitted** Buyer to verify all permits, square footage, bedroom/bathroom count, zoning, and property information with the appropriate city and county departments. Buyer is advised to conduct their own due diligence regarding the existing units and any potential use of the unpermitted space.

1208 E 34th Street Los Angeles CA, Los Angeles

1497 W 27th, Los Angeles
$1,100,000
CV26180282 MLS ⋅ Active Status
1497 W 27th St is a versatile three-unit income property offering strong potential for investors or owner-users. The property features a spacious detached single-family residence with 3 bedrooms and 1.5 bathrooms, plus two separate 1-bedroom, 1-bath bungalows. One of the 1-bedroom bungalows is currently available, creating an immediate opportunity for a buyer to set market rent or occupy the unit. Conveniently located just blocks from USC and within the USC patrol area, this property benefits from a highly desirable rental location near campus, transportation, dining, and neighborhood amenities. An excellent asset for expanding a real estate portfolio, with multiple detached units and potential rental income upside.

1497 W 27th, Los Angeles

709 S Kingsley Drive, Los Angeles
$6,850,000
21 Beds ⋅ 21 Baths ⋅ 26873355 MLS ⋅ Active Status
New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.

709 S Kingsley Drive, Los Angeles

3929 W 242nd Street, Torrance
$14,250,000
OC26180225 MLS ⋅ Active Under Contract Status
The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.

3929 W 242nd Street, Torrance

135 E 77th Street, Los Angeles
$615,000
CV26180161 MLS ⋅ Active Status
TRIPLEX INVESTMENT OPPORTUNITY! THREE UNITS. MULTIPLE INCOME STREAMS. BIG UPSIDE!INVEST SMART. BUILD EQUITY. GENERATE CASH FLOW! Whether you're a seasoned investor or looking to start building your real estate portfolio, this Los Angeles triplex offers an incredible opportunity! Live in one unit and collect rental income from the other two, or rent all three for maximum income potential! Each unit features 1 bedroom, 1 bathroom, separate electrical and gas meters, and washer/dryer hookups, offering convenience and long term tenant appeal. An extended driveway leads to FOUR recently renovated single-car garages, adding even more value and potential for additional income! Located in a growing Los Angeles market with established tenants already in place, this income producing property offers immediate rental income, future upside, and the opportunity to increase cash flow over time. THREE UNITS. FOUR GARAGES. ENDLESS POTENTIAL! Opportunities like this don't come around every day. BUY NOW, BUILD WEALTH, AND LET YOUR INVESTMENT WORK FOR YOU!

135 E 77th Street, Los Angeles

4261 Leimert Boulevard, Los Angeles
$2,750,000
SB26179948 MLS ⋅ Active Status
We are proud to present 4261 Leimert Boulevard, an exceptional 12-unit multifamily value-add investment opportunity located in a prime pocket of Leimert Park. The property offers a rare opportunity for an investor to acquire an apartment building with six units currently vacant, providing immediate flexibility to reposition the asset and capture significant rental upside. The spacious units average over 1,000 square feet each and feature timeless architectural details including authentic hardwood floors, high ceilings, enhanced natural light, and generously proportioned floor plans. The property’s desirable Leimert Park location provides convenient access to neighborhood amenities, major employment centers, and transportation corridors, supporting strong long-term rental demand. 4261 Leimert Boulevard offers investors a compelling combination of immediate value-add potential, substantial rental upside, spacious units, and a premier Los Angeles location.

4261 Leimert Boulevard, Los Angeles

5711 E 2nd, Long Beach
$2,795,000
PW26180111 MLS ⋅ Active Status
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alamitos Bay, roughly a mile from the Belmont Shore business district, and about a mile from 2nd & PCH, a newer Whole Foods–anchored open-air shopping and dining development. The property comprises seven one-bedroom units and one two-bedroom unit. In-place rents sit approximately 21% below the operator’s estimate of market, giving an incoming owner a clear runway to income growth as units are brought to market on turnover. Recent capital investment further de-risks the offering: the roof was professionally inspected and repaired in 2024 with an estimated ten years of remaining useful life, and the building’s electrical system was inspected and upgraded across 2024 and 2025. The property is currently master-metered for both gas and electric, presenting a potential opportunity for a new owner to explore submetering or a utility bill-back (RUBS) program as an additional lever for income growth, subject to feasibility. The on-site laundry facility is owned, adding an ancillary income stream that conveys with the property. For an investor, 5711 East 2nd Street offers a rare entry point into one of Long Beach’s most prestigious and expensive coastal addresses, a market where limited rental product serves a deep, affluent renter base, and the opportunity to capture embedded rent growth in one of Southern California’s most resilient waterfront rental markets.

5711 E 2nd, Long Beach

2414 W 85th Street, Inglewood
$1,200,000
5 Beds ⋅ 5 Baths ⋅ 26873277 MLS ⋅ Active Under Contract Status
$150K PRICE REDUCTION! We are pleased to present the exclusive offering of 2414 W 85th St, a charming value-add apartment community located in one of Inglewood's most desirable residential neighborhoods. This asset represents a rare opportunity to acquire a well-maintained 5-unit apartment building with significant rental upside just east of SoFi Stadium and the Hollywood Park development. Originally constructed in 1947, the property consists of approximately 3,866 rentable square feet situated on a 6,902 square foot lot. The building features timeless architectural character, highlighted by its attractive brick faade, large bay windows, and charming curb appeal that distinguishes it from many competing multifamily properties in the area. Current ownership has completed numerous capital improvements throughout the property, including upgraded electrical systems, newer triple pane windows, central heating and air conditioning in every unit, individual water heaters, and compliance with California's SB 721 balcony inspection requirements. The property is individually metered for gas and electricity, minimizing owner utility expenses. The property consists of five units, including two singles, one one-bedroom unit, and two two-bedroom units. One of the two-bedroom units will be delivered vacant at the close of escrow, providing an investor with an immediate opportunity to renovate and lease the unit at market rent. Additionally, all five detached garages located off the alley will be delivered vacant at closing, offering additional income potential through garage rentals or ADU potential (Buyer to Verify). The asset currently operates at a 4.45% cap rate with substantial upside to a projected 8.24% cap rate through the implementation of market rents. Positioned in one of Southern California's most dynamic rental markets, 2414 W 85th St offers investors stable in-place income, exceptional value-add potential, and long-term appreciation in one of Inglewood's strongest residential neighborhoods.

2414 W 85th Street, Inglewood

1915 Park Avenue, Los Angeles
$16,900,000
40 Beds ⋅ 40 Baths ⋅ 26873437 MLS ⋅ Active Status
We are pleased to present 1915 Park Avenue, a 36-unit newly constructed multifamily investment opportunity completed in 2025 and located in the heart of Echo Park, one of Los Angeles' most dynamic and sought after urban neighborhoods. The property features a well-balanced unit mix of 16 studios (avg. 421 SF), 16 one-bedroom/one-bath units (avg. 691 SF), and 4 two-bedroom/two-bath units (avg. 1,069 SF) across six residential floors, totaling approximately 37,830 gross square feet. Units are offered in stacked layouts with multiple floor plan configurations, providing tenants a variety of living options. Interior finishes include quartz countertops, modern appliances, laminate flooring, keycard entry, in-unit doorbell systems, and ventless washer/dryers. The building's amenity package is designed for the modern renter, highlighted by a rooftop lounge with BBQs, a garden-inspired setting, and panoramic views of Echo Park Lake and Downtown Los Angeles. Parking includes 18 on-site spaces, with an additional 12 spaces provided through a lease agreement with the neighboring property. The parking area is equipped with EV charging stations and secure bike storage lockers. RUBS are in place through individual unit submeters, and the property utilizes a Butterfly MX smart intercom system for keyless, app-based tenant access. Tenant storage is currently offered at no charge, presenting potential ancillary income for a new owner. Echo Park remains one of Los Angeles' most walkable and rapidly evolving neighborhoods, attracting a strong mix of young professionals, creatives, and families. The property benefits from close proximity to Downtown LA, Silver Lake, Los Feliz, and Chinatown, with direct access to the 5, 2, 110, and 101freeways. The neighborhood's vibrant dining, nightlife, and outdoor amenities surrounding Echo Park Lake continue to support strong renter demand and long-term rent growth. 1915 Park Avenue represents a rare opportunity to acquire a turnkey asset in one of Los Angeles' most supply-constrained urban submarkets, supported by in-place income and a highly desirable location that continues to attract one of the city's strongest renter demographics.

1915 Park Avenue, Los Angeles

13000 Valleyheart Drive, Los Angeles
$7,400,000
34 Beds ⋅ 25 Baths ⋅ 26873395 MLS ⋅ Active Status
LARGE REDUCTION, PRICED TO SELL!! Rare opportunity to acquire a 25-unit multifamily community in prime Studio City, just half a block from the Ventura Boulevard corridor. 13000 Valleyheart Drive spans approximately 15,086 SF on a generous 20,611 SF LAR3 lot, featuring a well-balanced mix of studio, one-bedroom, and two-bedroom floor plans that appeal to entertainment professionals, families, and commuters alike. The current ownership has meticulously improved the property with major capital upgrades: a full roof replacement (2025), pool re-plastering (2025), new electrical panels and breakers (2026), upgraded electrical in all units (2022), and mostly copper plumbing throughout. The majority of units have been thoughtfully renovated with elegant new cabinetry, quartz countertops, stainless steel appliances, and upgraded tile and laminate wood flooring. Residents enjoy a sparkling swimming pool, on-site laundry, secure access, and on-site parking, plus a quiet, tree-lined street with direct access to the serene North Valleyheart Riverwalk a 1.5-mile car-free pathway along the LA River. Steps from Erewhon, Equinox, Sugarfish, Shake Shack, and the full Ventura Boulevard dining and retail scene, with Radford Studio Center, Universal, Warner Bros., and NBCUniversal minutes away. The offering presents a 32.6% rent upside at market rents and a massive 47.7% upside potential through possible ADU development of the rear parking area (buyer to verify). Surrounded by transformative nearby developments including Riverwalk at Studio City (814 units + 76,000 SF commercial), the Harvard-Westlake Riverpark Campus (opening fall 2026), and the Radford Studio Center expansion, this is an outstanding opportunity to acquire a renovated, income-producing asset with multiple paths to value creation in one of Los Angeles' most sought-after submarkets.

13000 Valleyheart Drive, Los Angeles

2938 S Sycamore, Los Angeles
$4,295,000
BB26179793 MLS ⋅ Active Status
2938 S Sycamore Ave is a striking 2026 new construction, non-rent-controlled 6-unit in prime West Adams. Delivering a strong 6.28% cap rate, Sycamore offers the rare combination of luxury construction, immediate cash flow, and long-term upside. Five of the six residences are already leased at impressive market rents, providing buyers with income from day one. Spanning 9,489 square feet across two modern buildings, the property features an excellent unit mix of three spacious 3-bedroom residences and three 4-bedroom residences with private rooftop decks. Each thoughtfully designed unit offers generous floor plans, high-end finishes, balconies, central HVAC, in-unit washers and dryers, and sleek contemporary kitchens and bathrooms. Ten on-site parking spaces further enhance tenant appeal. All utilities are separately metered, helping keep operating expenses exceptionally low and making Sycamore a true turnkey, low-maintenance investment. Offered at $4,295,000, the property trades at approximately $452 per square foot and $715,833 per unit, an attractive basis for brand-new construction in one of Los Angeles’ most in-demand rental markets. Ideally positioned near Culver City, West Adams, and the Expo Line, residents enjoy convenient access to Santa Monica, DTLA, USC, and the greater Westside. The property is surrounded by major redevelopment, new construction, and neighborhood favorites including Alta Adams, Mizlala, Johnny’s Pastrami, and Highly Likely. With Sony, Amazon Studios, Apple, HBO, and Culver City’s thriving tech and media corridor nearby, the area continues to attract young professionals and creative tenants seeking modern housing in a central location, supporting strong rental demand and long-term growth.

2938 S Sycamore, 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.

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