Central Alameda, CA homes for sale & real estate

Central Alameda, CA Homes for Sale

2nd Price Reduction! 6-unit value-add building with 12 parking spaces cash flowing at a 5.5% Cap Rate from day 1 with upside to a 10.6% Cap on Proforma! Almost RTI plans to add 6 detached ADUs to achieve an incredible 12.4% Current Cap Rate, 15.6% Proforma Cap, and only 154k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Sta

Central Alameda, CA Homes for Sale

Welcome to 1241 E 43rd Place, a versatile triplex featuring a total of 5 bedrooms and 3 bathrooms, located in a vibrant and growing part of South Los Angeles. This property offers a rare opportunity to own multiple units in a neighborhood with strong community roots and convenient access to the city. The location is a major highlight. You’re close to major freeways and public transit, making it easy to reach Downtown Los Angeles, USC, and surrounding areas. Residents enjoy the quiet, tree-lined streets, a welcoming neighborhood atmosphere, and easy access to local shops, cafés, and parks. Whether you’re looking for an income-producing investment or a multi-family property

Central Alameda, CA Homes for Sale

Rare short-sale duplex in a high-demand South Los Angeles location with an upstairs unit and a downstairs unit. One unit is currently occupied and generating rental income, while the other unit is not paying, offering immediate income with potential for future lease-up or occupancy. Built in 1904, the property sits on a generous 6,026 sq ft lot and offers approximately 2,150 sq ft of building area, providing ample living space and flexibility. Each unit has its own functional layout, ideal for rental purposes, multi-generational living, or an owner-occupant who wants to occupy one unit while leasing the other. Zoned for multi-family use, this duplex presents an excellent opportunity for inv

Central Alameda, CA Homes for Sale

Tremendous value opportunity with significant upside for a savvy investor or owner-user. Originally configured as four separate 2-bedroom units, this property can be easily converted back to its multi-unit layout, creating four strong income-producing rentals or a flexible mixed-use living/investment setup. Centrally located near USC, the LA Memorial Coliseum, the LA Convention Center, and Downtown LA, this is a rare chance to own a versatile property brimming with potential. * Tax records indicate the home as only a 4 bed but it has several more bedrooms currently * Property will be delivered vacant.