Amazing Current Cap Rate of 7.3% and 10 GRM with 43% upside to 11% Cap Rate and 7.2 GRM on proforma! Now offered with Higher Rents and 2 New Vacancies. Value-Add 10-unit building with 4 Fully renovated units with permits and 2 upcoming vacancies that can be renovated and leased for $2,407 per month (Previous rents were only $808). Priced at only $220k/door and $336/SF plus Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 183k/unit, 10% Cap Rate, and 7.7 GRM on Current with upside to 14% Cap Rate and 5.8 GRM on Proforma after ADUs. All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for addition
372 Columbia Avenue is an 18-unit courtyard apartment community in the Westlake District of Los Angeles (90017), immediately adjacent to Downtown LA and Echo Park. It is being offered for sale for the first time in over 40 years, providing investors with an opportunity to acquire a value-add opportunity in one of LA's stable and dynamic neighborhoods. Built in 1940, 372 Columbia Avenue, a garden-style apartment community attracts residents who appreciate the asset's style, spacious apartments, and proximity to major Los Angeles employers. 372 Columbia features an exceptional unit composition consisting of One (1) 2 Bedroom | 1.5 Bathroom, Four (4) 2 Bedroom | 1 Bathroom units, and Thirteen
1719 Miramar Street, located in the heart of Los Angeles, presents a clean investment opportunity with significant rental upside. This 4-unit building features a total of 3,540 sq. ft. of rentable space on a 4,200 sq. ft. lot, with a mix of large units two currently operating as 2-bedroom, 1-bathroom units, and two as 3-bedroom, 1-bathroom units. Tax records show all units are 1 bedroom / 1 bathroom. Originally built in 1910, the property has been well-maintained with recent termite tenting, a new roof, copper plumbing, and an ABS main line. Each unit is individually metered, and the property offers ample parking at the rear. Currently generating $7,446 per month ($89,352 annually) with $60
40% VACANT (2 of 5 Units) / OWNER USER OPPORTUNITY - As the exclusive listing agent, we are pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778 SF, sitting on an elevated corner lot with a vacant detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 35% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical
$1,150,000
6 beds5 baths2,778 sq ft
272 S Burlington Ave, Los Angeles, CA 90057
5,172 sq ft lot • 3 garage spots • Walker's paradise
Welcome to 1704 Miramar, an exceptional turn-key investment opportunity! This four-unit property offers immediate potential for cash flow and a low maintenance addition to your portfolio or the opportunity to owner occupy one and rent the others. 2 of the units can be delivered VACANT and each unit boasts 2 bedrooms and 2 bathrooms, all having undergone extensive upgrades in 2017. Enjoy modern, open floor plans, high ceilings, new en-suite bathrooms, and updated kitchens, each complete with in-unit laundry. The building has been thoughtfully updated with all major systems, including electrical and plumbing. Each unit is equipped with brand-new water heaters, and older windows have all been
Great Investment Property! Each unit has 2 bedrooms and 1 bath. Located on a quaint walk street. Both units have been updated. Both units are separately metered for all services including water. There are no landlord utility expenses. Kitchens are updated with stainless steel appliances. Bathrooms have modern walk -in showers with subway tile. Washer/Dryer inside each unit with rolling barn doors. Laminate flooring throughout. Close to downtown entertainment.
Excellent opportunity for investors or owner-users to own and live in a 4-plex within the vicinity of our very own Highly desired Downtown Los Angeles area. VACANT unit is a 2nd level, 1 bedroom, 1 bathroom, with a beautiful Sunroom which has been recently remodeled, updated, and repainted ready for immediate move-in. Quadraplex has TWO 1 bedroom, one bathroom plus sunroom and TWO 2 bedroom and 1 bathroom units separated into 2 separate buildings. Building One features TWO one bedroom, one bathroom, and BONUS sunroom with 3 single car garages. This entire building is constructed with steel beam reinforcement from ground up. There is also a common area room featuring the utilities, storage,
$1,275,000
6 beds4 baths3,762 sq ft
2211 W 2nd St, Los Angeles, CA 90057
6,841 sq ft lot • 5 garage spots • Walker's paradise
Contemporary triplex located in the Silverlake/Echo Park area. 10 minutes away from DTLA and near historic Filipino town. Property was built in 2017 and features newer amenities. All units have split air conditioning. Two units are 2 bedrooms and 1 bath, one unit is 1 bedroom with a loft and 1 bath. Kitchens have granite counters. Floors are wood-like ceramic tiles or marble-like ceramic tiles. Two units include a balcony. 8 parking spaces and a security gate. High income, year-to-year lease contract. Please call for more details.
$1,699,999
5 beds3 baths2,466 sq ft
2021 Miramar St, Los Angeles, CA 90057
4,942 sq ft lot • 8 garage spots • Walker's paradise
We are proud to exclusively present for sale a 6 Unit + RTI ADU Residential Building with tremendous redevelopment potential in the Historic Filipinotown area of Echo Park! The property currently features a six unit building on an oversized lot with 9 single car garages. The sellers have an RTI / Approved Plan Check to convert the four garages in front into a 2 Bedroom, 2 Bathroom Accessory Dwelling Unit (ADU). With 8,287 SF of R4-1 Tier 1 land, and backing up to a 20 foot wide alley, a developer could build 70+/- units by ED-1. There are long terms tenants; the property will be delivered fully occupied with no relocation agreements. A new owner will need to talk to tenants after close of
$1,225,000
12 beds14 baths6,989 sq ft
220 S Bonnie Brae St, Los Angeles, CA 90057
8,289 sq ft lot • 4 garage spots • Walker's paradise
Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded approval. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Orien
Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream.
$1,500,000
8 beds4 baths5,440 sq ft
155 S Alvarado St, Los Angeles, CA 90057
8,153 sq ft lot • 4 garage spots • Walker's paradise
Great opportunity in Los Angeles, CA. This Duplex has so much to offer. Front unit features 2 bedrooms, 1 bathroom, with a basement access. Back unit features 2 bedrooms, 1 bathroom. Property also has 2 bonus rooms! Don't miss out! Call your favorite realtor today!
We are pleased to present a prime Development opportunity located at 132 S Union Place, Los Angeles, CA. This property, currently a vacant lot, spans 8,340 square feet, offering significant potential for residential development within the Westlake community. Zoned R3-1 and designated for Medium Residential use under the General Plan, this lot provides developers with flexibility for a range of residential projects, including multi-family housing. The property is located in a Transit Priority Area and benefits from Tier 2 TransitOriented Communities (TOC) status, providing developers with attractive incentives such as density bonuses and reduced parking requirements to optimize the developme
Commercial Land Development Opportunity. This prime real estate opportunity will be delivered with fully entitled property, with all stamped and approved plans for 30 apartment units, Ready to Issue (RTI) building permits, allowing the buyer to immediately commence construction. This is a vacant lot, simplifying the development process.
PartnersCRE is proud to present for sale a ready-to-issue (RTI) 22-unit, 100% affordable housing project on a 6,243 SF lot in the desirable Westlake area of Los Angeles. The proposed development features a total of 12,780 SF of gross floor area, with 9,947 SF of net rentable square footage. This 3-story building is constructed with Type V-B materials, ensuring compliance with safety standards while maintaining affordability. Each unit is designed with efficiency in mind, offering a quality living experience in a compact space. The affordable housing breakdown includes 16 low-income units (TCAC Schedule IX), 5 moderate-income units (HCD Schedule VI), and 1 market-rate manager's unit. The ren
This charming 1905-built home comes equipped with a solar system! The attached document for a planned ADU is part of the proposed plan, offering the new owner the option to pursue it after closing escrow. At the back of the home, you'll find a covered patio, perfect for entertaining or simply enjoy as an extended living space. Additionally, there's a bonus room downstairs that can serve as a guest room or a potential 3rd bedroom with own living room. The sloped-down yard features mature fruit trees and provides an ideal spot for building an ADU, offering potential for rental income. The motivated seller is ready for a quick escrow!
Nestled in the historic Angeleno Heights neighborhood of Echo Park, this charming Craftsman-style duplex with Folk Victorian influences is now on the market. With nearly 2,600 square feet of living space, this two-story duplex features five bedrooms, three bathrooms, redesigned kitchens, updated plumbing and electrical systems, and dual-pane windows. Situated on a well-maintained 5,000+ square foot lot, the property is completely fenced in, offering privacy and security, and boasts a long driveway for ample parking. The multi-level backyard includes a flat area perfect for outdoor dining with stunning Downtown LA views. Delivered vacant and zoned RD2-1VL-HPOZ, this rare gem is ideal for hom
This stunning unit offers a blend of elegance and functionality, making it the perfect place to call home. Featuring beautiful hardwood floors throughout and custom-designed amenities, this property is both stylish and practical. Additional highlights include a brand-new AC unit installed this year. The oversized living room opens seamlessly to a private balcony through large sliding doors, flooding the space with natural light. The cozy bedroom boasts custom stain-resistant carpeting, a charming vanity area, and a generously sized double closet outfitted with custom hardwood drawers and organizers. Plus, enjoy the added bonus of a dedicated shoe closet! Working from home is a breeze wit
Charming and Affordable Condo in Vibrant Los Angeles! Welcome to this delightful top floor 1-bedroom, 1-bathroom condo offering 795 square feet of comfortable living space. The open layout creates a harmonious flow between the dining area, kitchen, and living room, making the home feel spacious and inviting. The entrance adds flexibility and can easily be used as an additional bedroom. The living room/dining room with a recently updated floor opens onto a generous private balcony, perfect for enjoying morning coffee or relaxation. The large bedroom includes a walk-in closet, providing ample storage. The bathroom is thoughtfully designed with a vanity area and a separate space for the toilet
$419,000
1 bed1 bath795 sq ft
244 S La Fayette Park Pl #302, Los Angeles, CA 90057
Best Value , ,, Live like a celebrity at one of Downtown LA's most prestigious addresses. Truly stunning panoramic views of the city, mountains, and Hollywood sign. This luxury condo unit has an open-concept layout with a high ceiling that highlights incredible city night lights views and magnificent sunsets. It gives you a spacious open area for living and dining areas alongside an exclusive bedroom area with large walk-in closet. Enjoy the modern kitchen with granite countertops and stainless-steel appliances, spacious bathroom and laundry in-unit. Included is E V CHARGING STATION in common area plus complimentary guest parking. Walking distance to world-class dining, the home offers wor
Views! Views! Views! Experience urban living at its finest in this TOP FLOOR PENTHOUSE unit. Its prime location provides expansive, captivating views and picturesque cityscapes from nearly every angle. This penthouse unit boasting an open floor plan, soaring 12 ft ceilings. The interior finishes and fixtures cater to those with a discerning sense of style, featuring hardwood flooring and complementary surfaces in brushed stainless steel appliances and Caesar stone counter top. An urban twist on the classic barn door elegantly separates interior rooms, extending from floor to ceiling, The generously sized kitchen and living area provide ample room for relaxation and entertainment. Situated w
Incredible Investment opportunity to own a lovely 5-unit complex + 2 non-conforming units situated in a great area of Echo Park. This property boasts a spacious four-bedroom craftsman house (2,283) and four spacious, renovated studio's (2,520). The garage and basement of the Single Family home has been converted to into 2 non-conforming Bachelor units. The property offers a LARD5 lot for future potential development, a coin-operated laundry space, separate meters for both gas and electric, copper plumbing, updated electrical system, tankless water heater, and newer roof. Property has been well maintained by current owners. LA Metro station close by and 101 Freeway is a short distance. Buye
Investor's Dream: Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With e
PLUS++ THE SELLER WILL COVER HOA FEES FOR THE FIRST YEAR!!! VIEW! VIEW! VIEW! Experience the finest in luxury living in Downtown Los Angeles! This contemporary loft offers breathtaking views of the downtown skyline and is equipped with GE Profile stainless steel appliances, European-style cabinetry, bamboo flooring, granite countertops. Featuring a heated infinity pool, elevated spa, cabanas with lounge beds, a wet bar, BBQ grill, seated fire pit, and a private area for exclusive events. Additional amenities include 24/7 security, a fitness center, a business-conference center, and a media room. Step outside to Starbucks, delis, and enjoy proximity to Metrolink, Nokia Theatre, Staples Cent
Located in the heart of Downtown LA. Chic and Modern 920 sq ft, 1 Bedroom, 1 Bath Condo on the 2nd floor. High-end finishes include rich wood floors, tall ceilings, European style cabinetry, brushed stainless steel kitchen appliances and modern fixtures. In unit washer and dryer included. Amenities include a furnished Lobby, full size gym, cybex machines, yoga room, pool w/ loungers, BBQ's, spa, sauna, 24 hour security and concierge services. Includes 2 garage parking spaces. Walking distance to Shopping Plazas, Super Markets, Restaurants. Very convenient location, minutes away from Staples Center, LA Live, FIDM, Major Freeways, and more!
Exclusive 17th-Floor Unit – 1 of Only 9 with Direct Rooftop amenities, pool Access and an Expansive Private Balcony! Discover a one-of-a-kind luxury Live / Work experience with this expansive 2 story, high ceilings with 2 full bedrooms and 2 separate bathrooms in Downtown Los Angeles, uniquely positioned for direct pool access and offering panoramic views that span from Santa Monica to the Hollywood Sign and across the DTLA skyline. This exceptional property stands out in the building, unmatched in both its layout and features, including approximately 500 square feet of additional outdoor living space with unobstructed views of its private balcony, perfect for indulging in stunning
Welcome to luxury living at 1234 Wilshire Boulevard, Unit 527, in the heart of Los Angeles. Top floor stylish penthouse 1-bedroom, 1.5-bathroom residence spans 1130 square feet and offers an unparalleled urban lifestyle. Upon entering, you'll be greeted by the stunning newly renovated pool views that create a serene ambiance. The unit features hardwood floors, air conditioning, and a security system for your peace of mind. The open-concept layout seamlessly integrates the living and dining areas, perfect for entertaining. The building amenities are equally impressive, including a barbecue area, 24 hour security, concierge, and an elevator for convenience. Residents have access to a fully eq
Outstanding development opportunity in the thriving Westlake neighborhood. Situated on a nearly 6000-square-foot lot, 2576 W 5th Street offers a prime development opportunity in a central Los Angeles location. The current structure, a single-family home, in need of extensive renovation, awaits a fresh vision to transform its full potential. This R3-zoned lot provides the flexibility to build up to 4 units (buyer to verify), and the city has issued permission to add a driveway for easy access. Nestled between Koreatown and Downtown LA, Westlake is known for its cultural vibrancy, walkable streets, and proximity to some of the city's most dynamic dining, shopping, and entertainment scenes. Mi
Welcome to this stunning Premier Highrise Luxury Condo where you can experience spectacular panoramic views of DTLA skyline. This unit features open layout, full mirrored closet sliding door, modern kitchen with stainless steel kitchen appliances, European style cabinetry, granite counters, in unit laundry/dryer, 2 Parking Spaces and an exclusive storage unit. * * THIS IS THE ONLY UNIT THAT COMES WITH HIGH CEILING AND AN EXCLUSIVE STORAGE UNIT LOCATED ON THE SAME 18TH FLOOR * * The 17th-floor SkyDeck awaits with its heated infinity pool, elevated spa, and cozy fire pit, complemented by a wet bar and BBQ grill for your ultimate entertainment. Stay fit in the state-of-the-art fitness cente
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowin
This is Luxurious condominium which is bright and sophisticated with spectacular city views of the Staples Center in Downtown Los Angeles. The unit #1812 has high ceilings, bamboo floors, and the kitchen is upgraded with European style cabinetry, granite counter tops, and stainless steel appliances. This building has it all! Amenities include a 17th-floor luxurious pool, sun deck, spa, fire pit, , screening room, BBQ grille, resort-style cabanas, 24-hour front desk/security, fitness center, business center and media room. Building allows 2 domestic pets per unit and requires rentals to be a minimum of 30 days.
We are pleased to present the opportunity to acquire 128 North Alvarado Street, a four-unit apartment community in the center of some of the most desired neighborhoods in Los Angeles. The property borders the densely populated neighborhoods of Echo Park and Koreatown and is only ten minutes from Downtown Los Angeles. The property's infill location and rental upside offers an investor immediate value-add potential. Situated on a 4,601 square foot parcel, the property features a well balanced unit-mix, consisting of one studio, one, one-bedroom/one-bath, one two-bedroom/one-bath, and one three-bedroom/two-bath. There have been a number of recent upgrades to select units including updated HVA
Charming and historic, this 3-bedroom, 1-bathroom single-family home at 415 N Westlake Ave offers 1,049 square feet of living space on a generous 4,527 square foot lot. Originally built in 1908 and renovated in 1915, this home retains much of its original charm. It's a perfect opportunity for buyers looking for a fixer-upper with great potential. Situated in a vibrant area, you're just minutes from Echo Park, Silver Lake, and Downtown LA, with easy access to trendy restaurants, cafes, and shopping. Close proximity to local parks, schools, and public transportation adds extra convenience, making this an ideal location for city living. The spacious lot also offers room for outdoor living, gar
329-335 S Rampart Blvd is a multifamily development opportunity located just south of W 3rd St on the border of Westlake & Koreatown. The double lot totals 16,262 SF zoned R4-1 in a Tier 2 TOC offered at a low price per SF of $178 at the asking price. The double lot is currently vacant; no tenant relocation required. High Walk Score of 93, 329-335 S Rampart Blvd is located one mile from the Metro Red and Purple Lines and steps to multiple Metro Local Line bus stops at W 3rd St & S Rampart Blvd. Central location that is beneficial for residents that commute throughout the city with close proximity to employment hubs in Downtown Los Angeles, Koreatown, Westlake, Silver Lake, and H