Multi Family homes for sale & real estate in Pico Union, CA

Multi Family Home for sale in Pico Union, CA:

Located in the vibrant heart of Koreatown, this multi-unit property offers an incredible investment opportunity. The property features multiple units with a total of 17 bedrooms and 17 bathrooms. The thoughtfully designed spaces include shared kitchens and living areas, perfect for maximizing rental potential. This property has been meticulously updated with modern finishes, including sleek vinyl flooring, fresh interior paint, and contemporary fixtures. The kitchens boast quartz countertops and upgraded appliances, while the shared areas are bright, spacious, and inviting. With a Walk Score of 95, this property is steps away from some of the best dining, shopping, and nightlife that Koreat

Multi Family Home for sale in Pico Union, CA:

Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and pending one final review with LADBS, the property’s renovation plans include converting it to a 12-bedroom, 5-bathroom SFR. The scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and finish in every room. This historical Craftsman property in the heart of Pico-Union District currently stands as an 11-room rooming house with 5 bathrooms and offers substantial rental income potential. Located minutes f

Multi Family Home for sale in Pico Union, CA:

Prime investment or development opportunity just minutes to Downtown Los Angeles! This 4 unit property features two separate buildings. The front building features 2 bedrooms/2 baths, the second unit is 1 bedroom/1 bath. The back building features a 3 bedroom/1 bath unit upstairs, and a 1 bedroom/1 bath unit downstairs. The property also includes attached two 2-car garages. Prime location and just minutes from Crypto Arena, L. A. Live, and convenient access to the 10 and 101 freeways, this property is zoned RD1.5. Don’t miss out on this opportunity to own a versatile and centrally located asset in a high-demand market!

Multi Family Home for sale in Pico Union, CA:

We are pleased to present 1216 S Bonnie Brae St, a12-unit multi-family investment opportunity on the edge of the Westlake, Pico-Union, and Koreatown neighborhoods of Los Angeles located just east of S Alvarado St between W 12th St & W Pico Blvd. The property features a unit mix of all one-bedrooms with five parking spaces; two units will be delivered vacant at the close of escrow. At the asking price, the property is being offered at a 7.22% CAP rate and 8.85 GRM on current income with an additional 14% in rental upside through interior renovations as units turnover. The property's location is highly desirable with a Walk Score of 93, indicative of the area's accessibility to various

Multi Family Home for sale in Pico Union, CA:

LOCATION LOCATION LOCATION!! GREAT INCOME PROPERTY FOR OWNER USE OR INVESTMENT. THIS MUST SEE 5 UNIT PROPERTY IS LOCATED IN THE HEART OF KOREATOWN, WELL MAINTAINED . HALF A BLOCK SOUTH OF OLYMPIC BLVD. WITHIN WALKING DISTANCE OF HANNAM CHAIN MARKET, BERENDO MIDDLE SCHOOL, RESTAURANTS AND PUBLIC TRANSPORTATION. 4 UNITS HAVE 1 BDRM & 1 BATH, REAR UNIT HAS 2 BDRM & 1 BATH. DO NOT WAIT TIL IT'S GONE!! CALL LISTING AGENT FOR DETAILS.

Multi Family Home for sale in Pico Union, CA:

Investors and Real Estate Developers here is an opportunity to expand your portfolio, Triplex for sale units are detached. Property is an a prime location just minutes from to Down Town Los Angeles, Convention Center and USC. Proximity to Freeways close to shopping centers and dining options. This property can offer cash flow and long term returns in rental income. Property is located on LARD1.5 zoning may be able to build more units. DRIVE BY ONLY DO NOT DISTURB TENANTS

Multi Family Home for sale in Pico Union, CA:

Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 4-1 bed 1 bath units, and 4-Studios. ALL with in-unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3 stories. Whether you're an astute investor seeking to capitalize on the burgeoning rental market, a developer with a vision for transformation, or an individual looking to secure a strategic footho

Multi Family Home for sale in Pico Union, CA:

We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4,032 SF on a 6,272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The c

Multi Family Home for sale in Pico Union, CA:

Delivered Vacant! Introducing an exceptional investment opportunity at 1332 and 1334 20th Street in the heart of Los Angeles, within walking distance to USC Village and USC. This prime property features two adjacent, spacious units, each offering an impressive 1,120SqFt of beautifully designed living space with 3 generously sized bedrooms and 2 modern bathrooms, perfect for families or discerning renters. Flooded with natural light, these contemporary units boast stylish finishes and inviting layouts that create a warm, welcoming atmosphere. With ample outdoor areas ideal for entertaining or enjoying California’s glorious weather, this property provides immediate occupancy or lucrativ

Multi Family Home for sale in Pico Union, CA:

Exceptional opportunity! Property offers a total of 4 units with a mixture of two 2 bedroom 1 bath and two 1 bedroom 1 bath. This property is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for an investor or primary occupant seeking to capitalize on the city's bustling urban scene. With it's strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!

Multi Family Home for sale in Pico Union, CA:

We are pleased to exclusively present 2375 W 12th Street, an 11-Unit multi-family apartment located in the Koreatown neighborhood of Los Angeles California, bordering Downtown. This value-add investment opportunity offers significant upside potential in a prime Southern California rental market. Constructed in 1923, the two-story building comprises a mix of spacious units, including one studio, six one-bedroom/one-bath units, and four two-bedroom/one-bath units, totaling 12,306 rentable square feet. The property sits on a prominent 13,999 square foot corner lot and includes key amenities such as an on-site laundry facility and parking garages. With current rents over 70% below market value,

Multi Family Home for sale in Pico Union, CA:

PRICE CORRECTION! 6 units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophi

Multi Family Home for sale in Pico Union, CA:

Opportunity awaits you in Los Angeles, CA. Fourplex property with a total square footage of 3,680 square feet. Property sits on a good size lot of 8,840 square feet. At this price in this location if you blink it will be SOLD. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.

Multi Family Home for sale in Pico Union, CA:

TIME TO ENJOY YOUR HOME WITH INCOME-PRODUCING UNIT NEXT DOOR. WHY PAY FOR ONE IF YOU CAN HAVE 2? GATED AMPLE PARKING SPACES IN FRONT. MONTHLY INCOME FLOWING FROM ONE OF THE UNIT. INVESTORS, GREAT INCOME PRODUCING LOCATED IN SMACK MIDDLE OF LOS ANGELES, MID-WILSHIRE, AND KOREATOWN. K-POP, K-FOOD, K-BEAUTY, AND K-DRAMA. ALL NEARBY. EASY ACCESS TO 10 FREEWAY, EASY COMMUTE TO USC. FROM OLYMPIC BLVD. EASY DRIVE TO SANTA MONICA TO DOWNTOWN. DON'T MISS THIS CHANCE!! DO NOT DISTURB TENANTS. ONE UNIT WILL BE DELIVERED VACANT AT COE.

Multi Family Home for sale in Pico Union, CA:

EXCELLENT LOCATION! Minutes from Downtown Los Angeles (Convention Center, Crypto Arena, LA Live) University of Southern California, LA Memorial Coliseum, Korea Town and adjacent to Toberman Park. Easy access to the 10 and 110 Freeways. Incredible opportunity for an income generating property with current rents below market value. There are 5 units in the main house and a separate back unit (1715 1/2). Units 1, 2 & 5 are downstairs | Unit #1 is a Studio with a kitchenette (174 Sq. ft. ) | Unit #2 is a Studio (253 Sq. Ft. ) with a separate kitchen (104 Sq. Ft. ) | Unit #5 is a Studio with a kitchenette (316 Sq. Ft. ) | Both units 2 & 5 share a Jack & Jill bathroom (3/4) | Un

Multi Family Home for sale in Pico Union, CA:

Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem pa

Multi Family Home for sale in Pico Union, CA:

There is a perfect income-generating retirement property near the Korean Town. All expenses and maintenance are the tenant's responsibility, and the costs the homeowner pays are property taxes and insurance. This house has been completely remodeled, and its great location is attracting the attention of investors.

Multi Family Home for sale in Pico Union, CA:

Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L. A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential. This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.

Multi Family Home for sale in Pico Union, CA:

PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those

Multi Family Home for sale in Pico Union, CA:

Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with signific

Multi Family Home for sale in Pico Union, CA:

OFFER IS SUBJECT TO INTERIOR INSPECTION. DO NOT DISTURB OCCUPANTS.

Multi Family Home for sale in Pico Union, CA:

Centrally located in Pico Union HPOZ area, four unit apartment building. Convenient for shopping, dining and entertainment in Downtown Los Angeles, with easy access to the 10 & 110 freeways. Popular nearby venues include, but not limited to LA Memorial Coliseum, Cryton.com Arena, BMW Stadium, L. A. Live and more. Please do not walk the property or disrupt the tenants. Property is subject to the City of Los Angeles rent control regulation. Adjacent lot at the corner of 11th street and Union is part of this sale, the property lot of the subject property is rectangular.

Multi Family Home for sale in Pico Union, CA:

Excellent opportunity to own this 5 units investment property (4 units & 1 detached SFR) situated in a corner lot, fully rented units, front building consist of 4- 1 bedroom and 1 bath and the rear building is a stand along 3 bedrooms and 1 bathroom. Closed proximity to USC campus, Exposition Park, California Science Center, the BMO stadium, LA memorial Coliseum, a few minutes from downtown Los Angeles, sports arenas, restaurants, shops, minutes to hot local spots, too many to mention. This property is a great opportunity to add to your portfolio, perfect for developers looking to renovate and or rebuild.

Multi Family Home for sale in Pico Union, CA:

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a six-unit apartment community located at 1609 Oak Street. The subject property is located west of the 110 Freeway and south of Venice Boulevard. Situated on a 4,745 square foot parcel, the property is comprised of two studios and four one-bedroom units. The property has 40% remaining rental upside through unit renovations. 1609 Oak Street presents investors a unique opportunity to acquire an asset with a strong value-add component and the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. Located in close proximity to multiple venue

Multi Family Home for sale in Pico Union, CA:

Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buye

Multi Family Home for sale in Pico Union, CA:

Great income generating units! Total of 4 units, 3 units have 2 bedrooms and 1 unit has 1 bedroom. Great Location! less than 2 miles from the university of souther California USC. In Pico union/ Korea Town. Few minutes from downtown Los Angeles, LA Live, Crypto Arena, USC Coliseum and Bank of California Stadium. Units have been completely remodeled with brand new flooring, New kitchen and quartz countertops.

Multi Family Home for sale in Pico Union, CA:

We're proud to present the sale of 2314 W Pico Blvd. A Prime Value-Add Opportunity at the heart of the Pico Union Neighborhood. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. The offering consists of 16-Units with a low price per SQFT ±$276 which offers a whopping Proforma CAP Rate of over ±8.52% and low Proforma GRM of ±8.46x (Buyer to verify)! Built in 1922, this building consists of 16 exceptional units totaling ±9,408 SF of square footage on a sizeable ±7,003 SF lot. The property is an easily maintained two-story building, with a efficient unit

Multi Family Home for sale in Pico Union, CA:

4 units property and being used as 7 units. 3 units are being rent out per room. Property is conveniently located in moments from downtown LA, Westlake MacArthur Park Metro. 8 blocks from downtown LA.

Multi Family Home for sale in Pico Union, CA:

LOCATION. .. .LOCATION Residential income property in a prime location of Los Angeles Perfect investment property close to everything!. .. .great Investment located near to Korea-town between Venice Ave and Washington Blvd. Property to be sold in it's present "AS-IS" condition, perfect for investor who is looking for good income, front unit 2 bedrooms and 1 bathroom, 2 units 1 bedroom and 1 bathroom the 4 unit a single. . each unit has own gas meter, Electric meter. Don't miss this great opportunity

Multi Family Home for sale in Pico Union, CA:

* * * INVESTOR/DEVELOPER * * * This is the lowest priced property in the area for 6 units with lots of potential for a huge value add. Prime Opportunity in Koreatown, There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. this property boasts an excellent unit mix featuring (2) 2-bed/1-bath and (4) 1-bed/1-bath units. "this property is to be sold in as-is condition"

Multi Family Home for sale in Pico Union, CA:

Huge Price Reduction! Price to sell! A Unique Gem in the Heart of Los Angeles! 1224, 1226 Dewey property offers not just one, but two detached single-story units on a single lot, making it a rare find in the coveted neighborhood near Korea Town. As you approach the property, you're greeted by the inviting sight of wide front and side yards, providing ample parking for residents and guests alike. The automatic gated entrance offers a sense of security and privacy. Step inside the front unit and be greeted by a warm and inviting atmosphere. With four bedrooms and three bathrooms in front unit 1224 Dewey, a unique feature of 2 bedrooms and one bathroom of the house has a separate entry exist f

Multi Family Home for sale in Pico Union, CA:

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, w

Multi Family Home for sale in Pico Union, CA:

Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there's significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there's potential for an ADU to be built on the property. Don't miss your chance to secure a lucrative addition to your portfolio.

Multi Family Home for sale in Pico Union, CA:

The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.