Los Angeles CA Real Estate & Commercial for Sale

41 Properties Found

The median home value in Los Angeles, CA is $1,010,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Los Angeles, CA is $1,010,000. Approximately 45.51% of Los Angeles homes are owned, compared to 47.38% rented, while 5.3% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Los Angeles real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
2,651
Status:
NEW LISTING
MLS#:
CL24392759
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Casey Lins - Kidder Mathews of California, Inc. Casey Lins [email protected]
View additional info

We are pleased to present 914 E Martin Luther King Jr Blvd, a 5-unit multi-family building currently operating at a 10.31 GRM on current rents, with upside to operate at a 6.63 GRM on pro-forma rents. The property consists of 4 one-bedroom units (one of which is a brand new ADU!), and 1 two-bedroom unit. The main structure contains 4 of the units and the rear structure is a stand-alone new construction ADU, currently 100% occupied. 914 E Martin Luther King Jr Blvd is located 10 minutes from Downtown Los Angeles, providing tenants close proximity to numerous employment opportunities, and just 3 minutes away from the closest large-chain grocer (Superior Grocers). Priced at just $915,000, the building is priced appropriately to attract various local operators.

Beds:
n/a
Baths:
Sq.Ft.:
3,521
Status:
NEW LISTING
MLS#:
CL24391909
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Brandon Evans - Rosano Partners Brandon Evans [email protected]
View additional info

We are pleased to present 4355 S Avalon Blvd, a 6-unit mixed-use property located in the Historic South Central neighborhood of South LA. The property is comprised of 5 apartments (including a fully permitted detached ADU built in 2022) and 1 commercial unit. The building has an excellent unit mix of (1) Studio, (2) 1 Bed, 1 Bath units, (2) 2 bed/1 Bath units, and (1) Commercial unit, currently leased to a market. This rare investment opportunity offers strong cash flow and significant rental upside potential in a central South LA location. 4355 S Avalon Blvd is centrally located just 2.4 miles from USC and 3.5 miles from Downtown with convenient access to the 110 freeway and walkability to Gilbert Lindsay Recreation Center, South Park Recreation Center, and George Washington Carver Middle School.South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600 and Section 8 Voucher Payment Standards rising up to $3,052. With low vacancy rates, landlord-favored market conditions, and numerous employment opt

Beds:
n/a
Baths:
Sq.Ft.:
5,807
Status:
Active
MLS#:
24391259
Type:
Other
Lot size:
0.29 Acres
Year built:
1905
Courtesy: Jung-Anna Kim - Masters Realty & Investment Jung-Anna Kim
View additional info

Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. It is to be sold as-is condition. Interior showing is subject to an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
5,807
Status:
Active
MLS#:
CL24391301
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Jung-Anna Kim - Masters Realty & Investment Jung-Anna Kim [email protected]
View additional info

Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. Rear building was built in 1994. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. Interior showing is subject to an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
5,807
Status:
Active
MLS#:
CL24391259
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Jung-Anna Kim - Masters Realty & Investment Jung-Anna Kim [email protected]
View additional info

Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. It is to be sold as-is condition. Interior showing is subject to an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
5,807
Status:
Active
MLS#:
24391259
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1905
Listing Agent: Jung-Anna Kim CalDRE: 00797256 - Masters Realty & Investment Jung-Anna Kim CalDRE: 00797256
View additional info

Excellent investment opportunity to have a stunning Six Unit Apartment with the Income of $8,899/month in the prime location of Los Angeles Downtown area. This gorgeous apartment consists of 2 separate buildings with 3 units of 2bed/1bath and 3 units of 1bed/1bath. It features well maintained buildings, safe metal fence, secured metal gate and on-site laundry room. The property is situated on a 12,652 square foot parcel with 10 parking spaces. Each unit has separate gas and electric meters and has individual water heaters. Conveniently located with 5 miles to LADT and 3 miles to USC. Easy access to major Freeways 110 and public transportation. It is to be sold as-is condition. Interior showing is subject to an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
4,134
Status:
Active
MLS#:
CL24389143
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Neema Ahadian - Marcus & Millichap Neema Ahadian [email protected]
View additional info

483 E49th St in the South Park neighborhood of Los Angeles, located between Avalon Blvd & San Pedro St and just north ofthe South Park Recreation Center.The property features two structures, a fourplex made up of two one-bedrooms and two two-bedrooms and a threebedroomADU at the rear of the property that was constructed in 2022; the ADU is currently vacantThere are ten parking spaces; gas and electricity are separately meteredThe property is REO Lender owned and is being offered at a low $165,000 per unit and $200 PSF at the asking priceThe ADU totals 808 SF with an open layout between the kitchen and living rooms; the master bedroom has an ensuitebathroom; features include vinyl plank flooring, new appliances, recessed lighting and new cabinetryUnits within the fourplex are well-maintained with original finishes, but can be further enhanced when unit turnoveroccurs with new flooring, paint, appliances, lighting enhancements and updated kitchens and bathrooms to achievemarket rentsLocated in a dense, infill location of South Los Angeles with an easy commute to Downtown and Vernon; close distance to multiple Metro local lines on Avalon Blvd and 1.4 miles from the Metro A Rail Line

Beds:
n/a
Baths:
Sq.Ft.:
4,032
Status:
Active
MLS#:
CRDW24075934
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Tomas Briseno - Century 21 A Better Service Tomas Briseno [email protected]
View additional info

Attention!! A Rare Investment for the Savvy Investor!!!This isn't your average multi-unit offering. 3522 Maple Ave presents a unique opportunity to acquire a charming 5-unit building in a Trendy Los Angeles location. This property is for those who take pride in craftsmanship and appreciate potential. Boasting high ceilings, generous square footage (4,032 sq ft!), and a classic architectural style, this well-maintained building offers a solid foundation for your vision. Here's what sets this opportunity apart: Unleash Hidden Potential: Renovate and personalize the spacious units, maximizing future value. Built to Last: Enjoy peace of mind with a recent copper plumbing upgrade (2019). Prime Location: Nestled in an up and coming LA neighborhood, residents will enjoy easy access to the city's vibrancy. While all information is presented in good faith, verification for all details is recommended before purchase.

Beds:
n/a
Baths:
Sq.Ft.:
4,710
Status:
Active
MLS#:
CL24376083
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Bruce Lee - eXp Realty of California Inc Bruce Lee [email protected]
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Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A

Beds:
n/a
Baths:
Sq.Ft.:
4,710
Status:
Active
MLS#:
24376083
Type:
Other
Lot size:
0.16 Acres
Year built:
1970
Courtesy: Bruce Lee - eXp Realty of California Inc Bruce Lee
View additional info

Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A

Beds:
n/a
Baths:
Sq.Ft.:
4,710
Status:
Active
MLS#:
24376083
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1970
Listing Agent: Bruce Lee CalDRE: 02032112 - eXp Realty of California Inc Bruce Lee CalDRE: 02032112
View additional info

Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A

Beds:
n/a
Baths:
Sq.Ft.:
9,746
Status:
Active
MLS#:
CRGD24056505
Type:
Business Opportunities
Lot size:
0.27 Acres
Year built:
1995
A broker reciprocity listing Courtesy: Edmond Khudyan - Coldwell Banker Hallmark Edmond Khudyan [email protected]
View additional info

***AS OF 5/8/24 SELLER IS UNDER CONTRACT AT LIST PRICE BUT CAN ENTERTAIN ANOTHER OFFER AND CANCEL CURRENT ESCROW. SELLER IS LOOKING FOR AN OFFER WITH NO 1031 CONTINGENCY *** 10 UNIT BUILT 1995. ACROSS FROM KEDREN COMMUNITY AND HEALTH CARE CLINC. THE AREA HAS IMPROVED SUBSTANTIALLY AND CONTINUING TO IMPROVE YEAR BY YEAR. LARGE UNITS WITH 18 TANDEM PARKING. 3 UNITS ARE 15% BELOW MARKET RENTS. RARE VACANCIES. CAPITAL IMPROVEMENTS IN 2023. CURRENTLY 5.92 CAP & 6.58 CAP AS OF OCT 1, 2024 RENT INCREASE. SEE ATTACHED SAPPLEMENTS. $286K PER UNIT & $294 PSF, BELOW REPLACEMENT COST. IN 2019, THE PROPERTY WAS APPRAISED BY IN 2019 BY MALAGA BANK @ $2.8M WHEN GROSS RENT WAS $208K. PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENT IS THE OWNER. LAUNDRY ROOM HAS W/D HOOK UP READY FOR NEW LAUNDRY MACHINES. RENTS WILL INCREASE BY $1,624 ($19,488 ANNUALLY) EFFECTIVE OCT 1, 2024.

Beds:
n/a
Baths:
Sq.Ft.:
8,240
Status:
Active
MLS#:
CRPW24062474
Type:
Business Opportunities
Lot size:
0.48 Acres
Year built:
1914
A broker reciprocity listing Courtesy: Mooney Lee - Action Realty Task Holdings Mooney Lee [email protected]
View additional info

Samuel Kim and Mooney Lee are pleased to present 24 st East Los Angeles This Liquor Store includes and building and Apartment and one 3 bedroom house an 6-unit apartment building and 4 Unit have above of Liquor store. Property income from Liquor store and 6 unit duplex apartment and other 4 unit up stair and one house This property stands as one of the most attractive multifamily investments in the Sale entire county, boasting a compelling Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage.

Beds:
n/a
Baths:
Sq.Ft.:
4,356
Status:
Active
MLS#:
CL24371861
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Michael Pesci - Keller Williams Studio City Michael Pesci [email protected]
View additional info

Must be sold with 634 E. Adams Blvd. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom (one non-conforming unit) and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Buyer to verify all information regarding number of conforming units, square footage and age. Must be sold with 634 E. Adams Blvd.

Beds:
n/a
Baths:
Sq.Ft.:
4,188
Status:
Active
MLS#:
CL24371643
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Michael Pesci - Keller Williams Studio City Michael Pesci [email protected]
View additional info

Must be sold with 218 E. 27th St. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Must be sold with 218 E. 27th St.

Beds:
n/a
Baths:
Sq.Ft.:
4,412
Status:
Active
MLS#:
CL24371015
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1903
A broker reciprocity listing Courtesy: Dan Stueve - Equity Union Dan Stueve [email protected]
View additional info

This presents the perfect opportunity to invest in a consistent 4-unit property, including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9,108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Maple, this property offers convenience and accessibility. Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.

Beds:
n/a
Baths:
Sq.Ft.:
4,412
Status:
Active
MLS#:
24371015
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Year built:
1903
Listing Agent: Dan Stueve CalDRE: 01936133 - Equity Union Dan Stueve CalDRE: 01936133
View additional info

This presents the perfect opportunity to invest in a consistent 4-unit property, including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9,108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Maple, this property offers convenience and accessibility. Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.

Beds:
n/a
Baths:
Sq.Ft.:
4,412
Status:
Active
MLS#:
24371015
Type:
Mixed Use
Lot size:
0.11 Acres
Year built:
1903
Courtesy: Dan Stueve - Equity Union Dan Stueve
View additional info

This presents the perfect opportunity to invest in a consistent 4-unit property, including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9,108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Maple, this property offers convenience and accessibility. Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.

Beds:
n/a
Baths:
Sq.Ft.:
19,688
Status:
Active
MLS#:
CRAR24020829
Type:
Business Opportunities
Lot size:
0.35 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Mike Vachani - Provenio Realty and Investment Mike Vachani [email protected]
View additional info

PRICED FOR A QUICK SALE - PROPERTY IS NOW AVAILABLE TO BE SEEN STARTING MAY 16th. This will not last and is the best priced industrial building in this area of town! Large Industrial/Manufacturing Building or Warehouse in a Great Location of Los Angeles. Potential Cap Rate of 9% to 11%. Great 1031 Exchange or OWNER USER building. This is priced way below the market for an immediate sale! Seller may consider Seller Financing with a strong down payment and terms! SELLER IS VERY MOTIVATED AND JUST LOWERED THE PRICE BY $750,000. NEW PRICE IS $2,749,888. SELLER HAS ANOTHER INVESTMENT OPPORTUNITY AND NEED TO CLOSED FAST. THIS NEW PRICE IS ALMOST 1 MILLION DOLLAR BELOW THE MARKET. YOU WILL NOT FIND A BETTER DEAL. THIS PROPERTY HAS A LOT OF UPSET AND IS PERFECT FOR A 1031 EXCHANGE!!! IF WE CAN CLOSE IN BY MID TO EARLY JUNE, WE WILL MAKE A DEAL WORK!!!! Property has Heavy Power (800 AMP/240 Volt/3 Phase) and New Lighting. Market rents for the area are $1.00 to $1.25 PSF NNN. Using a NNN monthly lease rate of $1.25 PSF or $25,000 a month, you would get close to a 11% Cap Rate (Return). At $1.00 PSF NNN or around $20,000, you would be close to a 9% Cap Rate (Return). Thus, the potential return can be amazing if you get the right tenant. Zoned LAM2 - Light Industrial and Potential Non-Retail

Beds:
n/a
Baths:
Sq.Ft.:
19,688
Status:
Active
MLS#:
AR24020829
Type:
Industrial, Business Opportunities
Lot size:
0.35 Acres
Year built:
1925
Listing Agent: Mike Vachani CalDRE: 01279002 - Provenio Realty and Investment, [email protected] Mike Vachani CalDRE: 01279002
View additional info

PRICED FOR A QUICK SALE - PROPERTY IS NOW AVAILABLE TO BE SEEN STARTING MAY 16th. This will not last and is the best priced industrial building in this area of town! Large Industrial/Manufacturing Building or Warehouse in a Great Location of Los Angeles. Potential Cap Rate of 9% to 11%. Great 1031 Exchange or OWNER USER building. This is priced way below the market for an immediate sale! Seller may consider Seller Financing with a strong down payment and terms! SELLER IS VERY MOTIVATED AND JUST LOWERED THE PRICE BY $750,000. NEW PRICE IS $2,749,888. SELLER HAS ANOTHER INVESTMENT OPPORTUNITY AND NEED TO CLOSED FAST. THIS NEW PRICE IS ALMOST 1 MILLION DOLLAR BELOW THE MARKET. YOU WILL NOT FIND A BETTER DEAL. THIS PROPERTY HAS A LOT OF UPSET AND IS PERFECT FOR A 1031 EXCHANGE!!!IF WE CAN CLOSE IN BY MID TO EARLY JUNE, WE WILL MAKE A DEAL WORK!!!! Property has Heavy Power (800 AMP/240 Volt/3 Phase) and New Lighting. Market rents for the area are $1.00 to $1.25 PSF NNN. Using a NNN monthly lease rate of $1.25 PSF or $25,000 a month, you would get close to a 11% Cap Rate (Return). At $1.00 PSF NNN or around $20,000, you would be close to a 9% Cap Rate (Return). Thus, the potential return can be amazing if you get the right tenant. Zoned LAM2 - Light Industrial and Potential Non-Retail Cannibas Uses. Please check with the city to confirm use. The subject property is approximately 19,668 square feet and the lot is approximately 15,246 square feet (as provided by public records). The 1st floor is around 15,000 square feet and the second floor is around 4668 square feet. The Industrial Building fronts 58th Street and has a great office/showroom, large second floor, six bathrooms and lots of street parking. There is also a 12' x10' street front drive up rolling door. Property walls have been updated recently with new paint, lighting and electrical. Don't miss this opportunity to purchase such a great deal!Property is very well located in the heart of Los Angeles and only minutes from the 110 Freeway. It is a short drive from most of Los Angeles including Downtown, Ports of LA and the 405/710/105/5/101/91/60 Freeways

Beds:
n/a
Baths:
Sq.Ft.:
830
Status:
Active
MLS#:
CRSR24009281
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Year built:
1918
A broker reciprocity listing Courtesy: Edgar Hernandez - Pinnacle Estate Properties Edgar Hernandez [email protected]
View additional info

Currently being used as a gathering place, but has so much potential. A remodel was completed last year and includes New HVAC unit, electrical, plumbing , drywall, stucco, and 2 new restrooms. This locations has plenty of parking space for your needs. Just think on what type of business you would like to establish or currently have as this location has a lot of foot traffic with neighboring residential area and visible traffic on main boulevard.

Beds:
n/a
Baths:
Sq.Ft.:
830
Status:
Active
MLS#:
SR24009281
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Year built:
1918
Listing Agent: Edgar Hernandez CalDRE: 02007576 - Pinnacle Estate Properties, 818-921-5826 Edgar Hernandez CalDRE: 02007576
View additional info

Currently being used as a gathering place, but has so much potential. A remodel was completed last year and includes New HVAC unit, electrical, plumbing , drywall, stucco, and 2 new restrooms. This locations has plenty of parking space for your needs. Just think on what type of business you would like to establish or currently have as this location has a lot of foot traffic with neighboring residential area and visible traffic on main boulevard.

Beds:
n/a
Baths:
Sq.Ft.:
7,373
Status:
Active
MLS#:
CRDW24009923
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Roberto Guerra Martinez - New Century Realty Roberto Guerra Martinez [email protected]
View additional info

Incredible opportunity. Location ... location...... location!!! 10 units total 7 commercial units and 3residential units. All units could have rents raised to be more in line with pro forma. All rents will be raised as of February 1st.,2024. Amazing and desirable area, only 5 minutes from Downtown LA, China town, Little Tokyo, the Arts District, Disney music hall, fashion District, crypto center, including some of most exclusive dining options and entertainment in all Cali. Easy access to the 10 freeway, 60 freeway, 5 freeway, and 110 freeway as well. All tenants are long standing tenants and all are current with the rent. No tenants were lost during COVID era. All residential units are spacious and 2 have been recently remodeled with exception of 1. All windows upstairs for residential units have been recently replaced with dual pane windows, plumbing has been upgraded to copper on all lines leading into the units. All seven commercial units are very spacious with high ceilings, plenty of lighting, and independent restrooms (there is no rent control on commercial units in LA). Hurry property won't last.

Beds:
n/a
Baths:
Sq.Ft.:
6,936
Status:
Active
MLS#:
CL24345665
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1907
A broker reciprocity listing Courtesy: Grant Linscott - Keller Williams Realty Los Feliz Grant Linscott [email protected]
View additional info

Buyers flaked at no fault of property! Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value by renovating and capture the significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.

Beds:
n/a
Baths:
Sq.Ft.:
4,530
Status:
Active
MLS#:
CL23337483
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1903
A broker reciprocity listing Courtesy: Sean Rosenzweig - Marcus & Millichap Sean Rosenzweig [email protected]
View additional info

We are pleased to offer for sale a five-unit apartment community located at 2323 Wall Street. The subject property is conveniently located just south of the 10 Freeway within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 7,500 square foot parcel, the property is comprised of two-bedroom and three-bedroom units (buyer to verify unit configuration). There is 25% rental upside through interior renovations. Two units will be delivered vacant allowing new ownership to immediately renovate in order to achieve market rental rates. Ownership is only responsible for paying water utilities, tenants pay gas & electric. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 2323 Wall Street an excellent acquisition opportunity. ***BUYER TO VERIFY UNIT CONFIGURATION***

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/20/2024.

The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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