Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 6.7% without relocating any residential tenants.The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187, 560 net and bringing your total building NOI to $221, 773 or a 6.7% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2, 442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. The property has a generous 8, 248 square foot lot zoned C2 that can be combined with additional square footage of approximately 374 square feet given the abutting alley for a total buildable lot size of 8, 619 square feet. By right, a developer can build a mixed-use 21-unit development site with retail on the ground floor. Alternatively, using the A25 section 12.22 Density Bonus Rules, a developer can build 29 units by providing between 11%-20% affordable units, with ground floor retail. Finally, using AB2334, as a 100% affordable project, a developer can build potentially up to 32 units. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the Westside's Hottest Dining Destination. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69228403
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3-year Master Lease for all units! Net Operating Income $190k+! Nearly 6-CAP on Existing Income! 3987 Dalton, a new four-plex near USC (built 2023), offers townhome-style living 1.5 miles from campus. Each of the 1, 650 sq ft units boasts four private suites with bathrooms, plus a guest powder room, ideal for students or shared housing. The property includes a gated driveway with over seven parking spaces. The homes are equipped with high-end finishes, including wood-laminate floors, high ceilings with recessed lighting, quartz countertops, custom cabinetry, and stainless-steel appliances, including washers and dryers. Enhanced with split A/C systems and views of the DTLA skyline, these townhomes redefine luxury living in Los Angeles. Landlord is only responsible for property taxes and insurance. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69325834
We proudly present 1625 Vineyard Ave, a 9 unit multifamily property in the heart of Mid City Los Angeles. The building sits on a large 14, 000-square-foot corner lot and consists of one, two and three bedroom units. The property is gated and secured and features hardwood laminate flooring, beautifully tiled bathrooms, and stainless steel appliances and fixtures. The offering includes approximately 13 tandem parking spaces and is separately metered for gas and electric. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71034781
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue and North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7, 496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking and laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. LA Assessor Indicates 7, 638 Square Feet - Buyer to Verify For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69053367
Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floorplans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and windows. One of the 3 bedroom units is currently rented at $4, 799 and there are currently three other applications for the other three units. Buyer has the choice to use applications in hand and have building fully stabilized or choose their own applicants. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.61% and very little expenses. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70112288
We are pleased to present 3623-3625 Monon Street, an exceptionally well-located, well-maintained 2-story, 9-unit value-add multi-family investment opportunity (70%+ rental upside potential), located in ULTRA PRIME Hyperion Village, steps from Trader Joe's and Gelsons in the highly desirable Silver Lake/Los Feliz submarkets of Los Angeles, steps south of Rowena Ave and west of Hyperion Ave. Built in 1966, the building is comprised of a great unit mix of 1 (2+2), 4 (2+1), and 4 (1+1) units that average approximately 780 gross square feet. The 7, 016 square foot structure is situated on an 8, 448 square foot, LARD1.5-zoned lot. There are 9 covered parking spaces (1/unit). Most of the units have original kitchens and bathrooms featuring mid-century ceramic tile countertops, shower/bathtub backsplashes, and original cabinets. Most units have updated laminate or prefinished hardwood floors. Units also feature small balconies, ample cupboard, drawer, and closet space, and a private lockable large bulk storage unit in the carport area. This ULTRA-PRIME Hip Hyperion Village location has an excellent 91 Walk Score, as the neighborhood is home to a variety of shops, restaurants, and nightlife destinations/entertainment options, with Gelson's Markets, Trader Joe's, Pinkberry, and Tenants of the Trees all within short walking distance and Griffith Park Less than a mile away. The Monon building is in the coveted Ivanhoe Elementary School district, the school being 0.4 miles from the building. The Americana at Brand, Glendale Galleria, Best Buy, and Costco are all less than a 10-minute drive away. The property's location is ideal for those looking to live on a quiet street while still having easy access to freeways and enjoying the convenience of being minutes away from, Silver Lake, Echo Park, Los Feliz, Hollywood, West Hollywood, Glendale, Burbank, and Downtown Los Angeles just 4.1 miles to the southeast. The building is 0.5 miles west of the 5 freeway, 1.4 miles west of the CA-2 freeway, 2.4 miles north of 101 freeway, 3.8 miles west of the 110 freeway, and 5.6 miles north of the 10. 3623-3625 Monon St is well-positioned for a value-added investor to implement a high-end unit/common area renovation program optimizing market rents, appreciation, and future returns. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69328928
Proudly presenting 3544 Vinton Avenue, a 9-unit investment opportunity. This property consists of eight spacious 2-bedroom, 1.5-bathroom units, along with one 1-bedroom, 1-bathroom unit. Featuring 8, 050 square feet of building square footage, the property was built in 1963 and the soft story retrofit has already been completed. Strategically located in the heart of Palms, mere steps away from the bustling energy of Culver City, this property offers unparalleled convenience and access to urban amenities. The prime location ensures a steady stream of potential tenants seeking the vibrant lifestyle synonymous with the area.Parking is plentiful with 11 spaces available, including 3 tandem spaces and 5 carport spaces, ensuring residents have ample room for their vehicles. The on-site laundry facilities offer added convenience and each unit is individually metered for gas and electricity The front two-bedroom unit will be delivered vacant at closing, offering investors the opportunity to renovate according to their preferences. This, coupled with the generously sized living spaces, presents a compelling opportunity for investors looking to maximize returns.With realistic upside potential in rents, this property stands as an ideal prospect for astute investors seeking long-term gains and stability in their portfolio. Don't miss out on this chance to own a piece of prime real estate in one of Los Angeles' most sought-after neighborhoods. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71517393
Welcome to your luxurious and charming retreat, nestled in the coveted neighborhood of Los Feliz, California. This rare and unique, stunningly renovated view home, boasts 5 bedrooms and 4.5 bathrooms, offering the perfect blend of elegance and comfort. As you step inside, you're greeted by the inviting living room, where a cozy Italian tiled fireplace sets the tone for relaxation and luxury. The seamless flow leads you to the sun-drenched dining room, creating an atmosphere of effortless sophistication. Continue into the large gourmet chef's kitchen, adorned with Fisher and Paskel appliances, a built in wine fridge, plenty of custom cabinets, modern and charming tile and wallpaper, and exquisite quartz countertops. This kitchen is a culinary enthusiast's dream. The family room features the original pitched beam ceiling and another fireplace, made of French limestone, providing a warm and inviting space for gathering with loved ones or simply unwinding after a long day. Upstairs, the main primary suite offers a serene sanctuary featuring a unique and opulent bathroom, a custom-built walk-in closet, a Juliette balcony, and captivating city views. Additionally, a secondary primary suite on the main level provides flexibility and convenience. Outside, the beautifully designed private and level backyard beckons for leisurely afternoons or elegant outdoor entertaining. The two-car garage ensures convenience and parking for your vehicles, and can double as additional flex space for a studio or office. Experience the epitome of luxury living, where every detail has been thoughtfully designed to elevate your lifestyle to new heights. The exterior showcases a modern brick appeal with a sleek white stucco finish, complemented by birchwood accents, a beautifully manicured lawn, and enchanting outdoor lighting. Additional features include a tankless water heater, nest thermostats, outdoor security cameras, a Ring doorbell camera, a sprinkler system, a built-in sound system, and an A/V closet. Situated on a quiet and serene street just off Los Feliz Blvd, this home offers easy access to a plethora of attractions, including Griffith Park, The Observatory, The Greek Theatre, walking trails, fine dining establishments, and vibrant nightlife. Don't miss the opportunity to make this extraordinary turnkey residence your own. Call/text the listing agent with any questions or to schedule a private showing. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69264644
The Neema Group of Marcus and Millichap is pleased to present 730 Crenshaw Blvd, a 16-unit multifamily investment opportunity in the Wilshire Park neighborhood of Los Angeles, located just east of S Wilton Pl between Wilshire Blvd and W 8th St. The subject property was built in 1954 and features an impressive unit mix of 12 one-bedrooms and four two-bedrooms with parking at the rear of the property with no soft-story work required. The property is fully occupied with strong in-place cash flow and additional rental upside of over 29% as units turn; at the asking price, 730 Crenshaw Blvd is being offered at $218, 438 per unit a t a 5.47% CAP rate and 11.43 GRM on current income. Renovated units feature spacious layouts with new vinyl plank flooring, stainless steel appliances, custom cabinetry, and updated kitchens and bathrooms; the property has a community laundry room and is separately metered for gas and electric. Dense, infill location with an easy commute for residents throughout Koreatown and to nearby neighborhoods of Fairfax, La Brea, Hollywood, Larchmont Village, Hancock Park, and Downtown Los Angeles. Located a half-mile from the Metro D Rail Line and close to multiple metro bus lines along Crenshaw Blvd and Wilshire Blvd. Opportunity to acquire a well-located asset with strong in-place cash flow and significant rental upside in a premiere submarket with continued low-vacancy and rent growth. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70454376
Calling all investors! Brand new construction (Oct 2021), 100% occupied, stabilized with market rents. Easy to maintain, easy to manage, easy to rent. Tenants just deposit rent into your bank account each month. Each unit is separately metered for power, gas, water/sewer, and trash. Gated property with a motorized entry gate and 2 car garage for each unit. Four additional guest parking spaces. Every unit has a roof deck with an awesome view. Each unit is 4 bedroom, 3.5 bathroom, modern design and finish, with central HVAC. Total rents $17, 350 per month gross rents in place at COE. No LA City rent control! Property qualifies for qualified mortgage, 30-year fixed rate, primary residence, FHA, VA, DSCR financing. Perfect for 1031 exchange. Please do not disturb tenants. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69058149
Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1, 750, 000. Each building has one one-bed/bath , two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LAs oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69771724
Whether you're considering a 1031 exchange, eager to invest in a prime AAA location, or planning to relish the high-income rental from an additional unit, opportunities as golden as this are rare and fleeting. Situated in one of the most sought-after areas on Los Angeles' West Side, this beautiful duplex is located just over one block away from Westfield Mall in Century City and minutes from UCLA, while the renowned shops of Rodeo Drive are easily accessible. This property, fully gutted to the frame and meticulously renovated, boasts a total of seven bedrooms and seven bathrooms, offering ample space and luxury. The front unit exudes elegance with three spacious bedrooms and two and a half beautifully appointed bathrooms, complemented by a large kitchen equipped with stainless steel appliances and a welcoming front yard. The expansive back unit further enchants with four spacious bedrooms and five full bathrooms, alongside an open, flowing common area encompassing a living room, dining room, and a kitchen fitted with stainless steel appliances. All these spaces flow seamlessly towards a generous back deck, perfect for entertaining or relaxation. In addition to these superb features, this property also offers the practicality of over five parking spaces, ensuring convenience in this bustling location. Seize this unparalleled opportunity to invest, move in, or earn substantial rental income in a property that embodies luxury, location, and convenience in the heart of Los Angeles. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71033084
17-unit value-add opportunity priced at only 214k/door with a remarkable Current Cap Rate of 6.25% and 11.4 GRM and an incredible upside potential to 10.48% Cap Rate and 7.61 GRM on proforma. The property consists of 14 units plus 3 brand-new attached ADUs currently under construction. Additionally, 5 of the 14 units have been already fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Each unit is individually metered for gas and electricity while tenants cover garbage fees - saving you money on utilities from day one. The large 10, 015 SF lot comes complete with gated parking spaces that can accommodate up to multiple cars and requires no soft-story retrofitting. Plus, there are Nearly RTI plans to add 2 additional detached ADUs (2bed/2bath and 3bed/3bath) over the carport to improve the numbers to only 192k/unit, 324/SF, 8.2% Cap Rate, and 9 GRM on current with upside to 12% Cap Rate and 6.6 GRM on proforma after building the detached ADUs. And let's not forget about its unbeatable location near popular neighborhood attractions like Alibi Coffee Co., Starbucks, Koreatown, DTLA, Culver City, and public transportation options all while being in close proximity to major freeways ensuring smooth travel times within Los Angeles city limits. Don't wait another moment to grab this rare opportunity before it slips away! For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69647713
WOW!!! GREAT HUGE PRICE REDUCTION $500, 000. SELLER WANT TO SELL QUICKLY. THIS APARTMENT IS SITUATED ON A CUL-DE-SEC NEAR THE INTERSECTION OF MELREOSE AVE AND NORMANDIE AVE.THIS BUILDING IS NESTLED BETWEEN THE THRIVING SUBMARKETS OF SILVER LAKE, KOREA TOWN, HOLLYWOOD AND DOWNTOWN LOS ANGELES. CONSTRUCTED 1991, THIS BUILDING FEATURES AN EXCELLENT UNIT MIX, CONTAINING EXCLUSIVELY TWO AND THREE BEDROOM APARTMENT. THIS APARTMENT HAS BEEN THOROUGHLY RENOVATED IN THE PAST 6 YEARS, WITH UPGRADES NEW CUSTOM KITCHEN CABINET AND COUNTER TOPS AND NEW HARDWOOD AND TILE FLOORING, INCLUDE UPGRADED BATHROOM. IN ADDITION TO PROVIDING STRONG CASH FLOW. THE GATED PARKING GARAGE CONTAINS SPACE FOR 18 CARS, PROVIDING TENANTS A RATIO OF TWO PARKING SPACE PER UNIT. SELLER COULD NOT RAISE THE RENT FOR 4YEARS. ACCORDING TO the LAHD REPORT, SELLER CAN RAISE THE RENT 7% FROM THE FEB 1ST 2024. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69128167
Nestled in the prestigious neighborhood of Bel Air and a short distance north of Sunset, this Traditional home boasts timeless elegance and modern amenities on a sprawling mostly flat corner lot. As you wander up the front brick path, a sense of exclusivity envelopes you, promising a tranquil retreat from the bustle of the city. Stepping inside through the entry foyer, the lovely living room welcomes you with a fireplace and serene views of the backyard oasis, where a swimmer's pool beckons for relaxation and entertainment. Opposite the living room is a separate formal dining room offering a refined space for hosting guests, setting the scene for memorable gatherings. The well-appointed kitchen features stone countertops, and a suite of premium appliances. The separate breakfast area invites leisurely mornings with easy access to the backyard retreat. The heart of the home, just down the hall from the living room, you'll find the family room that exudes comfort, boasting a custom bar, fireplace and a conveniently located powder room. There are a total of five bedrooms, of which two en-suite bedrooms are situated downstairs for added convenience. A spacious office area is located downstairs, adorned with fireplace, adds to the home's versatility, providing space for work or relaxation to suit various lifestyles and needs. Upstairs, three more bedrooms await, including the expansive primary suite, featuring two large walk-in closets and a luxurious ensuite bathroom with dual sink vanity, separate shower, and an indulgent spa tub, promising a haven of relaxation. Outside, the landscaped large backyard unfolds as a haven for outdoor living, with multiple gathering areas designed for every occasion. Whether lounging by the pool, basking in the sun, dining under the charming gazebo, or engaging in lively games on the grassy lawn, the possibilities for enjoyment are endless. Completing the allure of this quaint residence is the convenience of gated entry parking. Situated close to schools and amenities, yet very private, this home offers a rare opportunity to experience the quintessential California lifestyle at its finest. This is a rare offering! For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71185842
RTI plans to add another seven units to the existing renovated 8-unit apartment building on a large lot with parking. There is also an option for fractional ownership. Currently, there are four 2-bed 1-Bath and four 1-bed 1-Bath units. Six of those eight units were taken to the studs and completely renovated with new double-pane Milgard windows, copper plumbing, electrical wiring, mini-split-system HVAC, wine coolers, and other high-end finishes. Sellers have RTI plans to add 3 townhouse-style units and add 4 townhouse-style ADUs. All units will be 2 beds + 2.5 baths with spacious floor plans (+/- 1, 250 SF), rooftop decks, and private yards. The property is on a quiet tree-lined street in a quickly developing Culver City adjacent neighborhood project. It is within two blocks of the La Cienega/Jefferson Light Rail Metro Station that connects Downtown Los Angeles and Santa Monica. The property is within a 5-minute walk to Target and Whole Foods Market. There are multiple transformational development projects within a few blocks of numerous major employers within a 1.5-mile radius. Call for more details. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69212209
6222 Banner Ave is an ultra-premium 50% LEASED 2024 fourplex located in A+++ Hollywood proper, just steps from the iconic Santa Monica Blvd! This fourplex is ready to close now: a dream come true for 1031 exchange buyers! Both 4 bed units are currently leased at $5, 895 per unit! 6222 Banner Ave is made up of two large 4-bedroom tri-level townhome style units with rooftop decks and two 3-bedroom tri-level townhome style units with rooftop decks! The property boasts 13 parking spots comprised of 6 garage spaces, 4 exterior spaces and 3 bonus exterior spaces. The excellent location, paired with the upscale modern units, and sprawling rooftop deck views of the city will make for quick, easy rentals. These premium townhomes feature unbeatable floor plans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, all kitchen appliances included, MASSIVE rooftop decks with Hollywood Sign views, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water and electric, and extreme desirability amongst renters for years to come. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70877943
Excellent Location! Situated in the vibrant heart of Korea Town, this property boasts an 11-unit Apartment Buildingthat faces the West and North directions. Positioned within Korea Town's premier rental market, there is significant potential for increased rental yields. The upgraded units showcase an inviting Open Floor Plan, flooded with naturallight, and boasting contemporary kitchen designs. Each unit includes a covered parking space and hassle-free access to a Gated Parking area. The property offers exceptional convenience, as its within easy walking distance of renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro Stations. Additionally, the building holds promising prospects and growth potential, with numerous trendy developments and constructions in progress nearby. This presents a remarkable opportunity for property value appreciation in the near future. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69061743
Price Reduction! Well-maintained 14-unit 11, 555 SF building cash flowing at an amazing Current Cap Rate of 5.23% and 13 GRM from day 1 with an incredible 66% upside to 10% Cap Rate and 7.8 GRM on proforma in prime Hancock Park/Larchmont Village area. Attractively priced at only 275k/door and 333/SF with an excellent and large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 6 (1bed/1bath) units. Nearly RTI plans to add 3 attached ADUs in the garages to improve the numbers to only 226k/door, 7.1% Cap Rate, and 10.2 GRM on Current with upside to 11.9% Cap Rate and 6.7 GRM on proforma after building the ADUs. 2 of the units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and 13 covered parking spaces for convenience. Individually metered for gas and electricity with soft-story retrofit already completed. Large 14, 364 SF R3 TOC Tier 3 corner lot for future development potential. Located in the heart of Hancock Park just minutes away from Larchmont Village, Koreatown, Hollywood, and Melrose as well as many hip neighborhood attractions, restaurants, bars, and shops such as Wilshire Country Club, Paramount Studios, H Mart, Levain Bakery, Salt and Straw, and Great White, popping up all around the area. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69164890
Rare investment opportunity for investors. This property is on the market for the first time after 32 years of ownership. The well-maintained 9-unit 2-story apartment with low operation costs is situated conveniently near 405 Fwy, I-10, UCLA, and Santa Monica Beach. This apartment has two entrances from the front gate and back gate very easy to access the building. The first floor consists of 4 units, and the second floor has 5 units with separate gas and power meters for each unit. The property is on an easy-to-access street; each unit provides a 2-car parking garage with private storage to keep personal belongings, and a community laundry room on the first floor. Also, this property has an extra bathroom and storage room for the owner to use when on duty. The 9-unit apartment consists of 2 units with 2 beds and 2 baths for each unit, 7 units have 1 bed and 1 bath for each unit. The total gross income per month is $17, 443, the gross income per year is $209, 316, and the laundry income is $ 2, 700 per year. The monthly expenses, including gas for the boiler and laundry, are around $117.00 Frontier Internet is $42.00, trash is $296.00, LADWP water is around $284.00, property tax yearly is $ 19257 a yearly, and the insurance is estimated at around $ 7600 more or less. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69074119
We are pleased to present for sale this rare Mixed-Use investment opportunity in one of LA's hottest locations Silver Lake! Offered for sale for the first time in 40 Years and strategically located on famous Sunset Boulevard, 2506 W Sunset is a 9, 375 SF stunning brick building built in 1924. It is composed of (3) Ground Floor Retail Units and (7) Apartment Units on the 2nd Floor, with (3) Expansive Storage Units, poised for an ADU(s) (Buyer to Verify Feasibility). The property is situated on lot size of 5, 700 SF, Zoned (Q) C2-1VL, Tier 3 TOC with 50 Foot Frontage and 35K CPD on Sunset Blvd, with Alley Access off Coronado Street with (8) Parking Spaces at the rear of the lot.2506 W Sunset Blvd is considered Walkers Paradise with a walk score of (92), where daily errands do not require a car.DO NOT DISTURB TENANTS. All Offers must be submitted on CAR form CPA with current proof of funds, schedule of real estate, and pre-approval if applicable. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the ability to construct ADU(s) or additional units. Do Not Walk on Property or Disturb Tenants. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71362127
Back on Market.... Offering you an incredible opportunity to own a completely remodeled Mid-century gem with breathtaking city views spanning from DTLA to Westwood. This sprawling one-story residence boasts an open and airy layout with panoramic windows and doors in every room, providing a 270-degree View of the cityscape. Upon entering, you're greeted by original stone accents around the fireplace and at the entry, adding 1950's character and charm. The galley-style kitchen is a chef's delight, featuring Sub Zero and Wolf appliances, porcelain countertops, and a panoramic window that frames the stunning vista. The home offers comfortable living with engineered wood floors and porcelain counters in the primary bedrooms, complemented by built-in wardrobes for ample storage. The Jack-n-Jill bathroom serves the other bedrooms, providing convenience and privacy. In addition, there is a separate gym that has been added to the extensive remodel to enhance your healthy lifestyle. 5 very large bedrooms with a seperate office for the perfect work at home environment. Every aspect of this home has been meticulously updated, with brand new systems including the roof, plumbing, electrical, HVAC, walls, windows, and doors, ensuring modern comfort and peace of mind. Outside, a large pool awaits in the backyard with a large grassy area, perfect for relaxing and entertaining while enjoying the city lights. The detached garage provides parking convenience, while the expansive yard space offers endless possibilities for outdoor enjoyment. Don't miss this rare opportunity to own a meticulously remodeled Mid-century home with panoramic views in the desirable Baldwin Vista neighborhood. Experience the epitome of Los Angeles living in this stunning oasis. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71660637
Buy new and enjoy the benefits of this freshly constructed and 100% LEASED triplex at premium market rental rates. Take advantage of no rent control restrictions, individually-metered utilities, brand new systems, minimal maintenance inside and out, various included warranties, and so much more.Welcome to Los Feliz's most recent new construction development, a remarkable and uniquely luxurious property offering an exceptional opportunity for investors, ideally situated just a few blocks from Los Feliz' and Silver Lake's restaurant and retail offerings, allowing residents to experience the best of both vibrant communities. This multi-family gem consists of 2 luxurious townhomes and 1 spectacular upper flat, each boasting meticulous contemporary design by a national award-winning architect, including custom improvements typically only found in custom homes which drove the market setting rental rates.The three unit project is comprised of two nearly identical townhomes (a 4BR/4BA and a 3BR/3.5 BA with a dedicated office) and a 2BR/2BA upper flat each providing ample space for comfortable living. Upon entering these stunning units, you'll be greeted by a sense of style and sophistication. The interior spaces have been thoughtfully designed to create a welcoming atmosphere and maximize both natural light and the unobstructed views from all three units' second story windows and balconies. All three units feature ample private and usable outdoor space. The townhomes each feature private back and side yards, while the upper flat has a dedicated roof deck. Parking for each townhome is located in a private tandem garage, while the upper flat has a dedicated covered surface space.The attention to detail is evident throughout the property, with high-end finishes, top-of-the-line Bosch appliances in the kitchens, and custom improvements. These modern amenities not only enhance the functionality of the space but also add a touch of luxe to everyday living.One of the standout features of the upper flat is its massive private rooftop deck with an easily retractable shade canopy, serving as the perfect spot for shaded daytime entertaining, or enjoying a quiet evening under the stars. The deck offers breathtaking and unobstructed views of the surrounding neighborhood, downtown Los Angeles, the Hollywood Sign, and the Griffith Park Observatory.Location is key, and this property truly shines in that regard. Situated in trendy Los Feliz, the Gateway to Los Angeles' burgeoning East Side, the property is adjacent to Silver Lake, and in close proximity to Eagle Rock, and The Parks communities (Echo, Glassell, and Highland) providing residents with easy access to an array of shops, restaurants, cafes, and entertainment options. Immerse yourself in the exciting local culture or take advantage of the nearby outdoor spaces such as Griffith Park and Barnsdall Park.An attractive price per SqFt, Cap Rate, GRM and ACTUAL rents solidify this rare opportunity as a sound investment. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70965581
Situated on a quiet, prime cul-de-sac in between Beverly Hills and West Hollywood, this charming updated contemporary home boasts an open floorplan bathed in natural light. Step inside to be greeted by bright, open living spaces, seamlessly leading out to the backyard featuring a pool/spa, fireplace, and BBQ. Below, a serene garden with a water fountain and seating area offers peaceful tranquility. The spacious primary suite includes an ensuite bathroom, a walk-in closet, and direct access to the pool and patio, overlooking the lush garden. This property also includes separate guest quarters, ensuring privacy for your visitors along with off-street parking for four cars. Located adjacent to Trousdale Estates with convenient access to restaurants, bars, and boutiques in both Beverly Hills and the Sunset Strip. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69187397
1417 Bluebird is an architectural gem perched in the prestigious Bird Streets. This iconic residence has been a hideout for many well known artists and actors and seamlessly blends classic charm with contemporary flair offering a haven of privacy and tranquility just moments from the vibrant heart of Beverly Hills. Unwind in the expansive living room, where sunlight streams through French doors and spills onto a serene backyard oasis. With a Zen garden private backyard, a serene city-ocean view and over 84 feet of frontage. Imagine balmy evenings spent entertaining on the multiple patios and balconies, surrounded by lush gardens and sparkling city lights. Complete with a chef's kitchen, the home boasts top-of-the-line appliances and a formal dining area perfect for intimate gatherings. Retreat to the luxurious primary suite, complete with a large dressing room, walk-in closet, and spa-inspired bath. Two additional guest bedrooms with ample space for loved ones. Beyond its charm, this 3, 714-square-foot 4 bed, 4 bath home offers modern conveniences like central air conditioning, a security system, and a laundry room. Two-car garage parking completes the picture. Live the quintessential Hollywood Hills lifestyle, just steps from Sunset Plaza, and the legendary Rodeo Drive. Immerse yourself in world-class shopping, dining, and entertainment, all within easy reach. Don't miss your chance to own a piece of paradise in the heart of it all. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71503261
Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69318668
Brand new construction in the heart of Mar Vista, this 3, 800 SF architecturally significant home features 4 bedrooms, 4 1/2 baths on a huge ~ 8, 000 SF lot. Designed by the award winning architect Laura Occhetti, in collaboration with the Venice based build team at HM/LA Homes, this custom build features a meticulously conceived open layout, expansive indoor/outdoor living, two primary suites, sophisticated materials and mid-century inspired details resulting in a truly impressive modern luxury home. White oak flooring, exquisite Spanish stone, custom walnut cabinetry and plaster finished accents combine for a warm, contemporary and bright effect throughout the impeccably designed space meant for entertaining. Beyond the front door find soaring high ceilings, an inviting stone wrapped conversation pit, and a moody powder room with natural stone walls. The first floor opens up for a full view of the large outdoor space, with steel and glass sliders unfolding onto a Brazilian wood deck and grass lawn. The chef's kitchen, along with a hidden pantry and an oversized natural stone island, is complete with premium paneled Thermador appliances and custom floor to ceiling walnut cabinets. Beyond the kitchen is another open living room, grounded by a stone fireplace and custom builtin feature wall. Also on the first floor is a large bedroom suite, perfectly imagined as a guest sanctuary or private home office, with custom built in desk, luxe bathroom, and separate entry. Upstairs are an additional three ensuite bedrooms, a laundry room, and two private balconies. The expansive primary suite hosts a spectacular spa-like bath with dual vanities, a free-standing tub, walk-in shower, an incredible large closet, private sitting area and outdoor deck.This larger than standard lot has been thoughtfully landscaped by Zach Freedman Designs, secured with perimeter privacy walls and a large grass lawn. In addition to one front parking space, a detached and finished two car garage with alley access is ADU ready. Located in Mar Vista, don't miss the surrounding Washington Place neighborhood, offering locally owned coffeeshops, boutique retail and some of the Westside's best new restaurants. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70314762
The Andrews Group has been exclusively retained to market for sale a value-add multifamily property on one of the most sought-after corners in all of Los Angeles' West Side. 1218-1220 South Barrington is a 9, 500-square foot multifamily building constructed in 1957 containing thirteen units. (Unit Mix: (1) 2+2, (8) 1+1, (4) Studio) This multifamily property has been a family-held, well-maintained asset for many decades, ready to be handed to a new owner to enjoy the significant upside of the below-market rents. Each unit at 1218 South Barrington includes a balcony, spacious rooms with space for storage, laundry on-site, and parking. On average, the 1218 South Barrington Ave units are rented at approximately 35% under market value. In addition, updates to 1218 South Barrington include completion mandatory earthquake retrofitting and a new roof. 1218 South Barrington is situated on a short drive from the Santa Monica coast in the quiet, upscale neighborhood of Brentwood in West Los Angeles, CA. Residents of 1218 S Barrington Avenue will enjoy the proximity to the trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops in town in less than a ten-minute walk. Sited two miles away from the University of California and the VA Greater Los Angeles Healthcare Systems, this is the perfect location. Well maintained, with incredible accessibility, 1218 S Barrington Avenue is primed to offer an ideal investment opportunity to acquire a multifamily asset strategically located in desirable West Los Angeles. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69164548
Location, Location! Bring All Reasonable Offers!! This updated and sharp looking contemporary 9-unit multifamily asset building surpasses all adjacent properties in the highly sought-after area it sits, just minutes from east of Larchmont Village and Hancock Park/Hollywood strip. Big bonus: built in 1993, this property is NOT subject to rent control. Rent fees are extremely under market for this area and product type. With all unit upgrades, a new owner could enjoy a significant increase in income as well as the ability to sell off the units one by one as condominiums since each has its own APN. 4835 Elmwood is a controlled access building with parking and laundry on-site. Each spacious unit boasts hardwood floors, stainless steel appliances, granite counter tops, and a private balcony. Each unit in this apartment comes with 2 assigned parking spaces. This property is marked with smart looks and many conveniences. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69118723
A magical entertainer's paradise. Romantic, truly special and ultimately private are but a few words that come to mind in describing the wonder of 2570 Nichols Canyon Road, a park-like property spanning about 1.3 acres composed of two separate adjoining lots. Graced by moment after moment of alfresco entertaining spots, this Prime Hollywood Hills urban oasis offers a unique opportunity to enjoy Los Angeles and its year-round temperate climate. Although it feels a million miles away from it, this home is located just mere moments from the city bustle and from its many dining and shopping hot spots. On the main level of the property's two adjoining lots, there are several stone-clad vignettes where one can sun, lounge and dine under the sun and stars surrounded by the quiet calm of nature. These beautiful patio areas have a timeless, countryside patina and feel like they've been there forever. The upper portion of the property features an expansive flat area with a sparkling, oversized swimmer's pool and spa, a fire-feature and multiple areas upon which to enjoy this amazing poolside space. This level offers additional potential also for the later development of a possible casita, guest or pool house. The architecture itself feels reminiscent of what one might find in the Italian wine country, with its beautiful stone accents and wood floors throughout. Sunlight streams in through its many doors and windows. There's a truly seamless feel from the indoors to the outdoors. Lovely vistas can be viewed from nearly everywhere. The expansive, open floorplan feels even more voluminous and airy with its tall, beamed ceilings enhancing almost every room. The foyer is wide-open and leads to the fabulous living and dining areas warmed by a lovely fireplace. A 1, 300-bottle, temperature-controlled wine room enhances the entertaining area. The dream kitchen is served great-room style, with top-tier stainless-steel appliances, a built-in wood-burning pizza oven, a wet-bar, a dry-bar with a wine refrigerator, an oversized center island and a step-down family room with yet another fireplace; it's the ideal spot for casual entertaining with plenty of space for comfortably keeping the chef company and for being together with family and friends.The bedroom wing includes a fabulous primary suite opening out to its own grassy private expanse and patio space, perfect for taking in the sweeping and restorative canyon and mountain vistas. This special suite comes complete with a sitting area, a corner fireplace, a terrific closet and a sumptuous bath featuring dual vanities and an oversized steam shower. There is a secondary bedroom and a potential third bedroom space, currently used as a den or office; this versatile space could be quite easily converted to be used as a third bedroom, if needed. These two rooms access a full hall bath. A convenient laundry room and a powder bath complete this very inviting floorplan. There's a two-car garage and additional off-street parking plus an upper gated parking area for additional guests attending larger events. Plenty of storage space. Creature comforts include a newer, dual-zone heating and air conditioning system and a security system. Illuminated by day by the California sun or by evening, by the glow of its warm lighting and flickering firepits, this is an exceptional property not to be missed. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69622387
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