Multi Family homes for sale & real estate in 90038, CA

Multi Family Home for sale in 90038, CA:

Great Opportunity for Owner-Users or Investors! Located in the heart of Hollywood, this unique Fully hedged and gated property features two separate houses, offering excellent flexibility for owner-users or investors. Both residences feature kitchens, tiled bathrooms, hardwood floors, separate laundry rooms, and individual gas and electric meters. A Three-car garage adds convenience and value. The property offers classic Los Angeles charm and a desirable central location, close to Melrose Avenue, Larchmont Village, Netflix Studios, Paramount Studios, Hollywood Forever Cemetery, and an array of popular restaurants, cafes, boutiques, and entertainment. The area is also experiencing significan

Multi Family Home for sale in 90038, CA:

Located on a quiet residential street just north of Melrose Avenue and east of Highland Avenue, this mid-century, two-story, 8-unit apartment building is situated approximately three blocks north of Wilshire Country Club. The property offers approximately 6,315 square feet of living space and consists of (3) two-bedroom/two-bathroom units, (4) one-bedroom/one-bathroom units, and (1) studio apartment. Currently 100% occupied, the building generates approximately $182,893 in annual scheduled rental income ($15,241/month). Property features include separately metered electricity, on-site parking, a community laundry room, and a completed soft-story seismic retrofit. The location provides conve

Multi Family Home for sale in 90038, CA:

5336 Monroe Street is a charming Spanish-style eight-unit multifamily property located in the heart of Hollywood. Built in 1923, the two-story building offers 3,680 square feet of rentable living space on a 2,999 square foot LAR2-zoned lot. The property features eight (8) studio units averaging approximately 460 square feet each. Each unit is bright, has hardwood flooring and high coved ceilings. The property also benefits from mixed copper plumbing, a newer roof, and it is separately metered for gas & electricity. Additional amenities include an on-site laundry room equipped with newer machines. Ideally situated in a prime Hollywood location, 5336 Monroe Street is positioned between

Multi Family Home for sale in 90038, CA:

Price Reduction! Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5.25% cap rate with upside to approximately 7.6% on pro forma rents. Attractively priced at only $243,000 per unit and $319/SF, the property offers a diverse unit mix of 6 spacious one-bedroom units and 2 two-bedroom units. The building sits on a large 7,099 SF LAR3 lot, with plans to add 8 detached ADUs, potentially doubling the property's unit count. Assuming $715,000 in ADU construction costs at $250/SF, the projected all-in basis is only $160,000 per unit and $286/SF, with a 9% cap rate on current rents and 10.9% on pro forma rents after completi