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2012 S Garfield Avenue, Monterey Park
$1,738,000
WS26105108 MLS ⋅ Active Status
Highly desirable four-unit located near the corridors of the 10, 710, and 60 freeways. Within walking distance to Barnes and Edison Park and a few minutes drives to Costco, 99 Ranch, Ralphs, Downtown Los Angeles (DTLA), Pasadena, and more. This Quadplex community has been upgraded and maintained extensively with a new roof approximately six years old, two-year-old tankless efficient gas-powered water heaters, and a coin-operated laundry room for the three units while the master unit features its own private washer and dryer room. Each unit has a unique yard or balcony. All units have central air and heat. There are a eight parking spaces, six gated carports, and two parking stalls for larger vehicles. Don’t miss out on this exceptional opportunity!

2012 S Garfield Avenue, Monterey Park

1154 1156 N Wilton Place, Los Angeles
$1,399,900
OC26089365 MLS ⋅ Active Status
Exceptional LAR3 Development & Investment Opportunity in Prime Hollywood! Welcome to 1154 & 1156 N. Wilton Place, an outstanding investment opportunity located in one of Hollywood’s most exciting and rapidly evolving neighborhoods. Situated on a 4,503-square-foot LAR3-zoned lot, this charming 1920 duplex features two spacious 2-bedroom, 1-bath residences totaling approximately 1,674 square feet of living space. The property is currently tenant occupied, providing immediate rental income while offering exceptional long-term upside. Whether you’re an investor seeking stable cash flow, a developer exploring future possibilities, or an owner looking to expand your real estate portfolio, this property offers tremendous potential. Surrounded by ongoing residential redevelopment and significant new multifamily projects, the neighborhood continues to attract substantial private investment, reflecting the area’s strong growth and increasing demand. Its central Hollywood location places you just minutes from Paramount Studios, Netflix, Sunset Gower Studios, Larchmont Village, Hollywood Boulevard, Downtown Los Angeles, restaurants, shopping, entertainment, Metro access, and major freeways, making it highly desirable for both residents and investors alike. The property’s desirable LAR3 zoning may provide exciting future development opportunities. Buyers are encouraged to conduct their own independent investigation with the City of Los Angeles regarding zoning, density, development standards, and any potential future use of the property. Whether you’re looking for an income-producing duplex today or a property with exceptional future upside in one of Los Angeles’ fastest-growing investment corridors, this is a rare opportunity not to be missed.

1154 1156 N Wilton Place, Los Angeles

5126 W El Segundo Boulevard, Hawthorne
$1,274,000
SB26142240 MLS ⋅ Active Status
Fantastic investment opportunity! The property has three separate units with almost 2500 square feet of living space between them. The front unit is a charming 1-bedroom, 1-bathroom home featuring hardwood floors, double-paned windows, a bright living room, a full bathroom, and a generously-sized bedroom. The middle unit and back units are spacious 2-bedroom, 1-bathroom homes featuring a functional floor plan with hardwood floors, a welcoming living room, separate dining area, and galley kitchen with granite countertops. The kitchen flows directly into a separate laundry room with convenient access to the side yard. The hallway leads to both bedrooms and the full bathroom and also has extra storage. Each of these units has an outdoor area. All three units are separately metered for gas & electricity and each unit has two parking spaces; one off-street parking space in front of their respective garage spaces

5126 W El Segundo Boulevard, Hawthorne

1546 W 223rd, Los Angeles
$1,000,000
OC26139958 MLS ⋅ Active Status
Welcome to 1546 W 223rd Street, a rare South Bay opportunity offering current income, long-term upside, and incredible flexibility in the heart of Torrance. Situated on an approximately 6,680 square foot lot, this unique two-home property features a front 2-bedroom, 1-bath residence along with a separate legal permitted ADU/back house addressed as 1548 W 223rd Street, offering 1 bedroom and 1 bathroom. With two separate living spaces on one lot, this property opens the door to endless possibilities for investors, owner-users, extended families, and buyers looking to create lasting value. The front house is currently rented for $2,650 per month, while the back ADU is rented for $2,150 per month, generating a combined $4,800 per month and $57,600 in annual gross income. Whether you continue leasing both units, live in one and rent the other, create a multigenerational setup, or enhance the property over time, this asset gives buyers options today and opportunity for tomorrow. The front residence offers a functional 2-bedroom layout, dedicated laundry room, and comfortable living spaces, while the newer back ADU provides a private separate living environment with its own identity and income stream. The shared driveway, separate electric meters, and two-structure layout create a practical setup for long-term rental use, flexible ownership, and future value-add potential. The opportunity becomes even more compelling with the neighboring property at 1542 W 223rd Street also available, creating the rare chance to acquire side-by-side parcels in Torrance. For buyers thinking bigger, this opens the door to scale, portfolio growth, family compound possibilities, income expansion, or a long-term hold strategy. Perfectly positioned just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers connectivity to major employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Torrance remains one of Southern California’s most sought-after rental and ownership markets, making this a standout opportunity for buyers who understand location, flexibility, and income potential. Whether you are searching for income, a live-and-rent opportunity, multigenerational living, or the chance to secure a rare Torrance asset with upside, 1546 W 223rd Street delivers. Don’t miss your chance to own a flexible two-home property in one of the South Bay’s strongest markets.

1546 W 223rd, Los Angeles

1542 W 223rd, Los Angeles
$1,100,000
OC26139951 MLS ⋅ Active Status
Welcome to 1542 W 223rd Street, a rare 3-unit South Bay opportunity offering current income, flexible living options, and long-term upside in the heart of Torrance. Situated on an approximately 6,681 square foot lot, the property includes three separate living spaces: a front 2-bedroom, 1-bath residence, a middle 1-bedroom, 1-bath ADU, and a rear studio with 1 bathroom. Together, the property generates $6,800 per month and $81,600 in annual gross income, with all tenants currently month-to-month and current on rent. The front house is rented for $2,750 per month, the middle ADU is rented for $2,350 per month, and the rear studio is rented for $1,700 per month. With separate entrances, updated interiors, brand new split A/C units in all three spaces, and laundry inside the front and middle units, this property offers immediate income with room to grow. The layout creates multiple possibilities for investors, owner-users, extended families, and buyers seeking flexibility. Continue leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term upside. The opportunity becomes even more compelling with neighboring 1546 W 223rd Street also available, creating a rare chance to acquire side-by-side parcels in Torrance for scale, future planning, portfolio growth, or a larger South Bay footprint. Located just north of Sepulveda Boulevard with convenient access to the 110, 405, and 91 freeways, the property offers strong connectivity to employment centers, shopping, dining, schools, beaches, and surrounding South Bay communities. Three income streams, multiple possibilities, and a prime Torrance location make 1542 W 223rd Street an opportunity worth seeing.

1542 W 223rd, Los Angeles

706 W 77th, Los Angeles
$939,900
DW26141395 MLS ⋅ Active Status
Presenting a rare and exceptional multi-generational living and investment opportunity in the heart of Los Angeles. Situated on an expansive 7,000-square-foot lot, 706–708 W 77th Street offers an impressive blend of space, versatility, and income-producing potential with approximately 3,002 square feet of combined living area. Designed to accommodate a variety of lifestyles, the front residence features 3 bedrooms and 2 bathrooms with a functional and inviting floor plan, while the rear residence offers a spacious 4-bedroom, 3-bathroom layout ideal for extended family living, rental income, or a premium owner-occupant investment strategy. This distinguished property provides the flexibility today's buyers are seeking—whether creating a multi-generational compound, maximizing rental revenue, or building long-term wealth through real estate ownership. The expansive lot enhances the property's appeal with ample outdoor space and future possibilities. Conveniently located near major transportation corridors, shopping, dining, schools, and employment centers, this unique offering combines comfort, convenience, and investment value in one of Los Angeles' most dynamic markets. Opportunities of this scale and versatility are increasingly rare. Experience the potential, space, and lifestyle that 706–708 W 77th Street has to offer.

706 W 77th, Los Angeles

520 W Colden, Los Angeles
$1,549,000
DW26145090 MLS ⋅ Active Status
520–522 W. Colden Avenue is a rare four-unit opportunity ideal for a first-time investor or owner-user seeking rental offsets, modern construction, and a more attainable path into Los Angeles multifamily ownership. The property consists of a 2008-built front duplex with two large 4BD/2BA residences, plus a newly constructed rear ADU duplex featuring two approx. 950 SF 2BD/2BA units with a 2026 Certificate of Occupancy forthcoming in July 2026. Owner-user appeal is significant. A buyer may occupy the updated vacant front 4BD/2BA residence while collecting income from the other three units. Current/projected rents include 520 W. Colden at $2,987/month, 520 1/2 W. Colden at $2,635/month including utilities, and vacant 520 1/4 W. Colden projected at $2,635/month, totaling approx. $8,257/month before leasing the vacant front residence. This property may be attractive to qualified first-time buyers because it falls within the 1–4 unit residential category, which may allow access to owner-occupied financing programs not available to larger multifamily assets. Qualified buyers may be able to explore FHA low-down-payment financing, including potential 3.5% down options, along with first-time buyer, down-payment assistance, and homebuyer programs, subject to borrower, income, occupancy, lender, property, and program eligibility. STAGED PHOTOS ARE DIGITALLY STAGED. The front duplex is represented as not subject to the Los Angeles City Rent Stabilization Ordinance due to its 2008 construction date, while the rear ADU duplex has a 2026 CFO forthcoming. Buyer to verify all regulatory status, permits, certificates, zoning, rent-control applicability, expenses, income, financing eligibility, and program availability. The vacant front 4BD/2BA residence has been updated with new kitchen cabinetry, dishwasher, bathroom vanities, flooring, and fresh interior paint. The rear ADUs feature new electrical panels, all-electric systems, mini-split air conditioning/heating, and full appliance packages in each unit, including stove, refrigerator, dishwasher, washer, and dryer. With large units, newer construction, meaningful rental income, owner-user flexibility, and potential access to first-time buyer and low-down-payment programs, 520–522 W. Colden Avenue offers a compelling opportunity to enter Los Angeles multifamily ownership.

520 W Colden, Los Angeles

1800 S New England Street, Los Angeles
$1,499,000
6 Beds ⋅ 5 Baths ⋅ 26855355 MLS ⋅ Active Status
Proudly presenting 1800 S New England St, a fantastic income property boasting easy management! Marvelous, low-maintenance investment opportunity near the outskirts of Koreatown. This unique property consists of 4 separate buildings, currently bringing in a strong monthly income of $8,906. Meticulously maintained and structurally sound, this building is rarely bothered with very few tenant maintenance requests, offering an incredibly smooth and easy, hands-off management experience for the property owner. On-site parking is available for 6 cars. Superbly situated in close proximity to all the premier amenities both Downtown LA and Koreatown have to offer, including top-tier restaurants, markets, and shopping centers. Its close proximity to the I-10 Freeway ensures seamless connectivity to all of Greater Los Angeles. Don't miss this rare, low-stress, high-demand investment asset in a highly central location!

1800 S New England Street, Los Angeles

1125 S Ardmore Avenue, Los Angeles
$1,499,000
6 Beds ⋅ 6 Baths ⋅ 26855353 MLS ⋅ Active Status
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!

1125 S Ardmore Avenue, Los Angeles

401 W Avenue 37, Los Angeles
$975,000
DW26144935 MLS ⋅ Active Status
Discover the charm and opportunity of 401 W Avenue 37, a distinctive property offering an inviting blend of character, comfort, and potential. Ideally positioned in a desirable Los Angeles location not far from Dodgers Stadium! this property presents an excellent opportunity for homeowners, investors, or buyers looking to create something truly special. Featuring a welcoming layout, appealing curb presence, and a prime location near local amenities, dining, shopping, and major transportation routes, 401 W Avenue 37 offers both lifestyle and convenience. With its established neighborhood setting and versatile appeal, this property is ready to welcome its next owner. Whether you’re searching for a place to call home or an investment with long-term potential or short term potential don’t miss the opportunity to make 401 W Avenue 37 your own. Schedule your private showing today!

401 W Avenue 37, Los Angeles

1052 Elm Avenue, Glendale
$3,750,000
AR26144903 MLS ⋅ Active Status
We are is proud to offer ELM APARTMENTS – 1052 Elm Ave, a very well maintained 10-unit apartment investment located in the highly desirable City of Glendale, CA. This prime Value-Add opportunity is perfect for an experienced investor looking to acquire a superbly located apartment property and maximize its income potential. This property has been under the same ownership since 2004. The units are currently leased to mostly long-time tenants on a month-to-month agreement with below market rents. The property is two-story apartment community that was built in 1963. It is situated on a quiet, residential street surrounded by other condominium and townhome communities. It offers a superb unit mix of ALL (10) 2 bed + 1 bath units with a total of 12 parking spaces. Parking is provided by 9 marked parking spaces (8-tuck under and 1 open space) and 3 unmarked spaces in the front and the back. Each spacious unit is separately metered for gas/ electricity and the property has a common laundry area for tenants. The property has been well maintained throughout current ownership and some units have been updated with laminate wood flooring, granite or quartz kitchen countertops, refreshed kitchen cabinets, recessed lighting, smooth ceilings, windows A/C in living room, ceiling fans in bedrooms and tiled bathroom. This asset will be a great addition to any size real estate portfolio! The property is strategically situated near luxurious amenities, dining, and upscale shopping at the Glendale Galleria and Americana at Brand, and just a few miles northeast of Hollywood, known as the “Media Capital of the World” and Burbank, home to Walt Disney and Warner Bros. Studios. It is minutes to the largest Ikea in the world, Burbank Bob Hope Airport, Home Depot, Kaiser Permanente Medical Center, Department of Motor Vehicles, Costco Wholesale, and two major shopping centers. The landmark Burbank Town Center, offers more than 170 retail stores, restaurants, and entertainment venues, including Macy’s, Sears, Bed Bath & Beyond, Barnes & Noble, and AMC Theatres where surface lots and garage parking is free. The Burbank Empire Center is one Los Angeles’ largest grossing shopping centers, featuring Walmart, Target, Nordstrom Rack, Best Buy, Lowe’s, Outback Steakhouse, Olive Garden, and many more.

1052 Elm Avenue, Glendale

8947 Hubbard, Culver City
$1,800,000
IN26143692 MLS ⋅ Active Status
Prime Culver City Triplex – Fully Rented Investment Opportunity! Exceptional opportunity to own a fully occupied triplex in one of Culver City's most desirable neighborhoods. This charming Spanish-style income property offers immediate rental income with tenants already in place, making it an ideal addition to any investment portfolio. Situated on a generous lot, the property features three residential units, off-street parking, a long driveway, and attractive curb appeal with classic architectural details. The location offers outstanding convenience to Downtown Culver City, major studios, restaurants, shopping, parks, and easy access to the Westside and Downtown Los Angeles. Surrounded by a mix of character homes and newer luxury development, this property presents an excellent opportunity to own an income-producing asset in a highly sought-after rental market. Property Highlights: Fully rented triplex Immediate cash flow Prime Culver City location Spanish-style architecture Long driveway with off-street parking Strong rental demand area Convenient access to Downtown Culver City, major employers, shopping, dining, and transportation A rare opportunity to invest in one of Los Angeles' most desirable neighborhoods.

8947 Hubbard, Culver City

3411 E 2nd St, Los Angeles
$850,000
DW26137002 MLS ⋅ Active Status
Excellent investment opportunity in the heart of Boyle Heights! This well-maintained triplex features three spacious 2-bedroom, 1-bathroom units situated across two buildings on a 7,494 sq. ft. lot, offering strong rental income potential and long-term investment value. Two of the three units have been thoughtfully updated with modern finishes, including remodeled kitchens and bathrooms, updated cabinetry, stylish tile work, luxury vinyl plank flooring, contemporary lighting, and dual-pane windows. The renovated bathrooms feature custom tile showers, newer vanities, and designer fixtures, while the updated interiors provide a clean, modern feel throughout. The property offers a large concrete driveway with ample off-street parking, gated access, and a fenced front yard that enhances privacy and curb appeal. Each unit is separately metered for gas and electricity, allowing tenants to pay their own utilities, while the owner currently pays for water. The property is serviced by three water heaters, including one recently replaced. Conveniently located near Downtown Los Angeles, major freeways, public transportation, schools, shopping, dining, and local parks, this property presents an excellent opportunity for investors seeking a well-maintained income-producing asset in a high-demand rental market.

3411 E 2nd St, Los Angeles

2060 High Tower Drive, Los Angeles
$2,245,000
6 Beds ⋅ 6 Baths ⋅ 26854909 MLS ⋅ Active Status
Discover an exceptional opportunity to own a fully vacant, income-producing triplex in the heart of the Hollywood Hills. Perfect for both end-users and investors alike, this rare offering combines strong projected returns with flexible seller financing; up to 50% of the purchase price carried for qualified buyers. With a history of strong rental performance, the property offers versatility for multiple strategies: lease all three units, live in one and rent the others, or reimagine the site into a premier hillside compound. Each of the three residences has been tastefully upgraded, featuring bright interiors, private outdoor space, and access to a shared pool area; ideal for long-term or short term furnished rentals. A private driveway and two-car garage provide ample parking and privacy, while the hillside setting ensures a peaceful atmosphere just moments from the Hollywood Bowl, Sunset Strip, and the best of Los Angeles nightlife and dining. Whether you're seeking a premier investment or an elevated live-work opportunity, this Hollywood Hills triplex offers enduring value, strong cash flow potential, and unmatched location appeal.

2060 High Tower Drive, Los Angeles

13013 Venice Boulevard, Los Angeles
$1,069,000
3 Beds ⋅ 3 Baths ⋅ 26854923 MLS ⋅ Active Status
PRICE REDUCTION. MOTIVATED SELLER SAYS LET'S MAKE THIS HAPPEN! ONE UNIT DELIVERED VACANT. The owner has kept the 1 bedroom vacant for possible Owner/Occupant Buyer! A fantastic opportunity to acquire a turnkey recently remodeled Duplex in a prime Westside location. Both units are clean, bright, and very nicely appointed. The building has an attached two car garage with laundry. The front unit is 1 bedroom & 1 bath with a very nice outdoor area that feels cozy and private. The rear unit is 2 bedrooms & 2 baths, each bedroom has its own bathroom and back bedroom has its own door, or private entrance. This is a fantastic investment opportunity to acquire a property with enduring value that is currently occupied by two fantastic Tenants that have paid in full on time for the duration of their Tenancy. Close to famous Venice Beach, Silicon Beach, Santa Monica pier, and all the best the Westside has to offer. Easy access to the 405 is another bonus of this ideal location. The home is a triplex on title but is currently functioning as a duplex, with R3 zoning prospective buyers should look into the possibilities, such as converting garage to ADU or....???? Come and see this fantastic offering!

13013 Venice Boulevard, Los Angeles

337 N Palm Drive, Beverly Hills
$5,800,000
14 Beds ⋅ 14 Baths ⋅ 26854805 MLS ⋅ Active Status
Phenomenal Beverly Hills location nestled between the Beverly Hills "Golden Triangle" and Cedars-Sinai Medical Center. One of the best streets in Beverly Hills: Palm Drive. Surrounded by a mix of high-end retail, hotel, and luxury residential areas. 10 Units; Well-Maintained with Community Patio; 14 Parking Spaces. Charming building with great curb appeal; situated on a beautiful tree-lined street, one building north of West 3rd Street. Value-Add opportunity; 6 of 10 units being held vacant for future renovation. Generational ownership. Coveted Beverly Hills School District with A ranked schools (niche.com). Strong demographics with average household income over $217K and average housing value over $2.21 million (one-mile radius). Seismic Retrofitting Work Completed and the SB 721 Elevated Elements Inspection Passed and In Compliance

337 N Palm Drive, Beverly Hills

618 W Route 66, Glendora
$12,295,000
CV26143474 MLS ⋅ Active Status
NEW PRICE. Royal Palms Apartments & Professional Building (618-620 W. Route 66) is a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, vinyl windows, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixed-use asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

618 W Route 66, Glendora

8000 Owensmouth Avenue, Canoga Park
$2,249,000
10 Beds ⋅ 10 Baths ⋅ 26854585 MLS ⋅ Active Status
10-Unit Value-Add Multifamily | First Capital Investment Realty presents 8000 Owensmouth Avenue, a 100%-leased, 10-unit multifamily asset in the heart of Canoga Park. Built in 1959 and held by the same owner since 2011, the property offers 7,492 SF across eight 1BR/1BA and two 2BR/1BA units on a 9,855 SF LAR3 corner lot. Priced at $224,900 per unit (roughly 39% below the LA metro average), the asset pairs stable in-place income with a clear value-add path. Located about one mile from the $10 billion Rams Village development and within the 1,100-acre Warner Center 2035 Specific Plan area, the property carries a Walk Score of 86 with easy access to Westfield Topanga, Warner Center employers, transit, and the 101 freeway. A textbook, low-risk value-add opportunity in one of the San Fernando Valley's fastest-transforming submarkets.

8000 Owensmouth Avenue, Canoga Park

2618 Glendale, Los Angeles
$2,690,000
GD26132163 MLS ⋅ Active Status
2618 and 2616 Glendale Blvd are opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom.

2618 Glendale, Los Angeles

245 E Artesia, Long Beach
$1,695,000
PW26138649 MLS ⋅ Active Under Contract Status
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, Long Beach

2709 W Pico Boulevard, Los Angeles
$5,150,000
SB26142935 MLS ⋅ Active Status
2709 Pico Blvd is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sq.ft building is offered at only $119k/unit and $143/sqft. The property is currently operating at a 8.79% CAP and 6.69 GRM. There is still over 46% upside available once the property is stabilized. The property is Separately Metered for Gas and Electricity. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1-Bed/1-Bath, (32) Studio/1-Bath, (2) restaurants, (2) Retail, (1) Discount store, (1) Salon and (1) Upholstery Store. There are (5) Studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

2709 W Pico Boulevard, 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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