Multi Family homes for sale & real estate in Wilshire Center-Koreatown, CA

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Huge Price Improvement will NOT LAST Hurry! Spacious Duplex in the heart of Korea Town! The units have been freshly remodeled and in move in condition. Each unit is a 3 bedroom 2 bath (1,900 SF approximately) that have been tastefully updated. At this property the pictures do all the talking. Gated, onsite parking for up to 6 cars. UNITS ARE VACANT AND READY TO GO! Bring your strong buyers with proof of funds and ability to close.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

The Normandie Townhomes is a luxury, 13 Unit Community, located in the highly desirable East Hollywood submarket of Los Angeles. Positioned between Melrose Avenue and Beverly Boulevard near the Melrose Hill Neighborhood, the property is located just a half a mile south of the LA City College (LACC) and 1.4 miles north of Koreatown. Strong demographics surrounding the property have continued to provide high rental demand with a consistent tenant pool. Built in 2019, each townhome has modern interior finishes with custom Italian style kitchens, quartz countertops, stainless steel appliances, in-unit washer & dryers, deep soaking tubs, central air and heat with Nest Thermostats, secure a

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Non-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subNon-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subject property. 2 separate units (Both 2 beds + 1 bath) 965 Dewey (front unit) - 1100 living sf and 967 Dewey (back unit) - 672 living sf. Great potential for development opportunity or perfect for an owner use!! Buyer/Agent is advised to independently investigate and verify accuracy of property information with appropriate professionals. Designated 100% Low Income Units may possibly be built. Option A: 4 Story 46 Unit Apartments

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

810 South Saint Andrews Place is an 18-unit multifamily property located at , right in the vibrant heart of Hancock Park. Built in 1932, this three-story masonry building showcases timeless charm with eighteen spacious 1-bedroom, 1-bath units, each offering an impressive 850 square feet of living space. The property spans 15,260 square feet and has been thoughtfully upgraded with copper plumbing and a new waste line just two years ago, offering peace of mind for any investor. Zoned LAR4 and set on a 6,875-square-foot lot, this building is primed for both stability and future potential.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

See OM in Docs Section of this listing. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 3013 W 11th St. , a nine (9) unit apartment property consisting of three separate buildings built in 1924. The property is located on the corner of 11th St and Harvard Blvd, one block south of Olympic Blvd. , in a prime part of Koreatown. The unit mix consists of all 1bed+1bath units. The property contains two 4-plex buildings and a third building with one unit over three parking garages totaling 5,344 building square feet on a 5,907 square foot corner lot. UNIT DETAILS: All the units have well designed floor plans that provide an inves

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautifully remodeled building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R-3, Tier 3 zoning, the potential here is limitless. Two units can be vacated at the close of escrow, providing flexibility for new owners. Don't miss your chance to capitalize on this prime location!

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Proudly presenting an Exceptional Investment opportunity with this beautiful 12-Unit Apartment in the convenient Wilshire Center neighborhood. This apartment consists of 9 Units of 2bed/2bath, 2 Units of 1bed/1bath and 1 Unit of Single. Units are equipped with refrigerator, laminate flooring, many windows for natural light, balcony or common balcony and either City or street views. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance, adding 5 more parking spaces and meticulous renovations in 4 units with modern kitchens and high-quality finishes. New A/C for 6 units, Stoves for 8 units, and Stacked

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

LOOK NO FURTHER, TWO UNITS ARE DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,2240 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units and still have an annual income of $133,224 per year. The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb cu

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Location, location, location! Property on the market for first time in over 40 years! Everything is in perfect condition. East Hollywood location. Zoned R3. Triplex on corner lot. Close to Korea Town and Mid Wilshire area. Front house has 4 bedrooms ad 2 baths. 2 units have 3 bedrooms and 1 bath each.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each). Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parki

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

8 units + 8 units. Total 16 units with two different APN and two buildings are adjacent to each other in over 15,000 SF of lot. Both 8 units are sold together. ALL units are one bedrooms meaning it's very easy to lease when there is vacancy. All units are fully occupied. One parking designated to each units. Community laundry available run by 3rd party company. Much has been upgraded and repaired since new owner took over about 3 years ago. Easy to maintain. Lots of potential on rent increase!!! Drive by only!!!

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Beautiful Spanish Duplex built in 1925 with all the charm and character - delivered VACANT. Sited with sweeping city views, the spacious 2BD, 1BA units with over 1,500 sq ft each could easily be turned into 3BD, 2BA units. The LAR3 zoned lot also features a 3 car garage and extra storage - PERFECT for an ADU(s). Gated and private, inside find elegant large living rooms with coved ceilings, spectacular large windows that flood the space with natural light, formal dining and abundant cabinetry in the spacious kitchens. The bedrooms are huge and feature walk-in closets while the bathrooms have been retiled. Ideally located minutes from downtown LA and Hollywood. Separately metered for gas and

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

A DIAMOND IN THE ROUGH~~~ THIS CAN BE A CASH COW FOR THOSE WHO CAN IMAGINE. Possibly more units can be delivered VACANT AT CLOSE OF ESCROW. HUGE BEDROOMS, LARGER LIVING ROOMS. First time in the Market in 34 years!! EACH UNIT HAS IT'S OWN CENTRAL A/C. This subject property is a two-story 8-unit apartment building constructed in 1965 with classical and Modern touch architecture situated on a Hard Corner Lot. The rents are significantly below market. The property could also generate additional income potential using the ADU process to add dwellings (buyer to verify). The landlord pays for trash service, but there are separate gas and electric meters for each unit, which the tenants pay for. T

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

We are pleased to present for sale, The Ambassador Apartments, located at 724 S. Mariposa Ave. This prime Koreatown location is just south of Wilshire BLVD and east of Normandie Ave, offering easy access to the Wilshire/Normandie Metro Station, restaurants, shopping, and entertainment. Ambassador Apartments features 40 units with eight Bachelors, twenty-four Studios, and eight 1 Bedroom/ 1 Bath units. The property has a subterranean parking garage with 20 individual parking spaces. Utilities are master metered for both gas and electric, with one central water heater. The roof was completely replaced, down to the plywood, in 2020. Ambassador Apartments was built in 1930 and is brick construc

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to r

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

3 or More Options - Option 1 - Hold as conventional rental and add 2 ADUs; Option 2 - Develop-Build up to 50 potential units with AB 1287 or 26 units By-Right based on R4-2 zoning, Tier 3 TOC Zone. Density Bonus added. Opportunity Zone. (Independently verify with City Planning and/or other planning professionals) (Property Report available on request) Option 3 - Hold as conventional rental and develop later. ADU concepts based on a Consultant Schematic. ADU units and associated rents are projected. The rather conventional 50s exterior belies the interior vintage style. Unit interiors average just under 1500 SF. Most units retain vintage design touches with updated modern amenities. More lik

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Huge Price Reduction! 100% Fully Renovated & 100% Occupied 18-unit apartment building with permits cash flowing at an amazing 6.5% Cap Rate and 11.3 GRM from day 1! All the units have already been leased at full market rents for +$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spa

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

4-units fully leased out in Mid-Wilshire, near Koreatown. Seize this rare opportunity to own a fully-occupied 4-unit property in the heart of Los Angeles! Perfectly positioned in a convenient location, these units are just minutes from local hotspots, dining, and public transportation, offering tenants both comfort and accessibility. With all units currently rented, this is an ideal turnkey investment for any savvy buyer. Secure steady rental income from day one in one of LA's most sought-after areas. Don't miss out on this investment with established, long-time tenants.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire a four-unit apartment community situated north of Koreatown. The subject property is located southwest of the 101 Freeway & east of Normandie Avenue. The property is situated on a 4,078 square foot parcel and comprises of four large units. There is 41% remaining rental upside that new ownership can capture through interior renovations. As one of Los Angeles' most densely populated neighborhoods, this submarket's popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immedia

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security. The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space fo

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

This property presents a prime opportunity for investors looking to expand their portfolios with a well-positioned 4-plex in a highly sought-after area. Attention Developers: Unlock significant potential to maximize the land’s value by constructing a multi-story building, capitalizing on the high demand in this dynamic and vibrant location. Take note of the exciting development project currently under construction next door, showcasing the area's growth and potential.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Walking distance to Wilshire for the tenant. This is a great no frills “newer” building, just south of Wilshire. Solid rental area. Great potential for increased rents. Well maintained unit with subterranean parking for tenants. Elevator to all floors. Center hallway plan. 16 parking spaces. Leased laundry machines on each floor. Each unit has its own hot water heater. AT & T entry system. Property is serviced with Spectrum for internet. Wall unit heating and Air conditioning.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit,

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Location, location, location!!! R4 ZONE. Heart of Koreatown. Minutes away from markets, popular restaurants and freeway. All 2 bedrooms and 1 bathroom, easy to manage. 8 parking spaces at rear of the building and coin laundry units for extra income. * * Earthquake retrofit was completed in 2020 * *

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

We are please to announce the sale of 838 S Gramercy place, 8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near rest rant and bank, bus stop, metro station on Hancock Park Area. DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Nestled in the heart of Los Angeles, this exquisitely maintained residence is located in the prestigious Hancock Park - Wilshire neighborhood. The property boasts a generous 7,500 sq ft lot with R-3 zoning, offering the unique potential to develop up to 7 units as condominiums or apartments. The Area is experiencing significant development, making this an excellent opportunity for developers. This prime location is within close proximity to numerous cultural landmarks, including the historic Ebell Theatre, the prestigious Wilshire Country Club, and the renowned LA County Museum of Art. Additionally, the vibrant Hollywood Walk of Fame is nearby, providing a taste of LA’s rich cultural

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. Constructed in 1971 on a 24,008 square foot LAR3 double lot, The Orleans is a three-story, 54-unit multifamily property with a total building area of 36,012 square feet. The controlled-access property with intercom entry offers an elevator, two on-site laundry facilities, and 57 gated subterranean parking. The property is separately metered for electricity, the units are not serviced by gas and there is a central water heater. The Orleans boasts all one-bedroom/one-bathroom units, and offer laminate wood flooring, electric stoves, dishwashers, radiant heat, and wall units for cooling. Select un

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $33,700. Annual $404,400. What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installe

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Discover a rare investment opportunity in the heart of Koreatown, Los Angeles with this 4-unit property. Situated in a vibrant location with close proximity to key amenities, attractions, schools, and transportation, this versatile property offers a mix of units to suit various living arrangements. The main home features 3 bedrooms, with the den cleverly converted into a 4th bedroom, while two additional units provide 1 bedroom and 1 bath each. A studio in the rear adds flexibility to the investment potential. With ample parking and strategic location, this property is ideal for both investors seeking consistent income and residents looking for a central, culturally rich living experience.

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Exceptional Art Deco Apartment Building in Prime Los Angeles Location! Discover this distinctive 6-unit apartment building and immerse yourself in its Art Deco design with preserved original details that offer a glimpse into classic Los Angeles style. Each of the 6 two bed, one bath units spans a generous 1,350 square feet, providing ample living space with large closets and lots of natural light. The building features both front and back entrances for easy access and additional convenience. Residents benefit from a secure dedicated parking lot situated behind the building. With a walkability of 94, residents will enjoy the vibrant local scene with a short walk to an array of coffee house

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

This income property in a dynamic Mid-Wilshire location at the center of a thriving community is a wonderful investment opportunity. Built in 1918 this duplex has 1,826+/- sq. ft. on 5,698 sq. ft. lot with LAR3 zoning. The duplex consists of (1) 3bd/2bth unit and (1) 1bd/1bth unit - tenants pay their own utilities. The property offers the charm of 1918 California Bungalow with the front house featuring a arched entry, front porch, and fireplace. The spacious outdoor space also has a long driveway for ample parking, and low-maintenance grounds. This prime location is close to all that Mid-Wilshire and Koreatown have to offer. In close proximity to the Wilshire/Vermont Metro Station, the Metr

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

Don't this outstanding investment opportunity in Koreatown! This property showcases two separate residences. The front home features four bedrooms and two bathrooms, along with a beautifully updated kitchen boasting quartz countertops, farmhouse sink, stainless steel appliances, breakfast bar and recessed lighting. The expansive living room is adorned with a cozy fireplace and large crown moulding. Each bedroom is spacious and unique with classic ceilings and trim work. One of the bathrooms has been completely renovated to include a subway tiled shower and dual sink vanity all included in 1376 square feet. The rear home offers two bedrooms and one bathroom within its 761 square feet. It pre

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

An exceptional opportunity to own a fully renovated side-by-side duplex in Hollywood's Melrose Hill neighborhood. Nestled at the end of a quiet cul-de-sac, this property offers a stunning view of the iconic Hollywood sign. Each unit mirrors the other and boasts one bedroom, one bathroom, plus a spacious bonus area adjacent to the living room, ideal for a laundry room, office, or extra storage space. The interiors offer luxury vinyl flooring, shaker-style kitchen cabinets, stainless steel appliances, glazed ceramic shower tiles, modern fixtures, and stacked washer/dryer sets. The property has a long driveway that can accommodate up to three cars for off-street parking. The converted single-c

Multi Family Home for sale in Wilshire Center-Koreatown, CA:

WOW!!! GREAT HUGE PRICE REDUCTION $300,000. 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