Situated in an Opportunity Zone with excellent tax saving potential for investors and owner-users, 4703-4705 Crenshaw Blvd. is an extensively renovated mixed-use storefront retail / residential building in the heart of the Crenshaw District of Los Angeles.The property includes a ground floor retail space of 1,800 SF divided into two units. Each unit benefits from over 15 foot high ceilings, extensive renovations, and has a 350 square foot built-out loft area. Unit 4705 has a loft with interior access, used for additional retail storage, or office use, while Unit 4703 has a 350 square foot loft built-out as a residential studio apartment unit with exterior access via a recently rebuilt wooden staircase. Unit 4705 is used for clothing retail sales, on a month-to-month lease. With its rear exterior access, the studio apartment loft above unit 4703 has the option to be leased out separately. Unit 4705 is vacant. On-site parking of 6 spaces is available at the rear (west) side of the building with secured, gated, alleyway access. The building is wood frame & stucco with a flat roof design. Crenshaw is a historically rich neighborhood that has established itself as an axis of culture, politics, and the arts, specifically within the African American community. Its central location, equi
Situated in an Opportunity Zone with excellent tax saving potential for investors and owner-users, 4703-4705 Crenshaw Blvd. is an extensively renovated mixed-use storefront retail / residential building in the heart of the Crenshaw District of Los Angeles.The property includes a ground floor retail space of 1,800 SF divided into two units. Each unit benefits from over 15 foot high ceilings, extensive renovations, and has a 350 square foot built-out loft area. Unit 4705 has a loft with interior access, used for additional retail storage, or office use, while Unit 4703 has a 350 square foot loft built-out as a residential studio apartment unit with exterior access via a recently rebuilt wooden staircase. Unit 4705 is used for clothing retail sales, on a month-to-month lease. With its rear exterior access, the studio apartment loft above unit 4703 has the option to be leased out separately. Unit 4705 is vacant. On-site parking of 6 spaces is available at the rear (west) side of the building with secured, gated, alleyway access. The building is wood frame & stucco with a flat roof design. Crenshaw is a historically rich neighborhood that has established itself as an axis of culture, politics, and the arts, specifically within the African American community. Its central location, equidistant from the West Side, Downtown L.A., and Hollywood, makes it a crossroads for the Los Angeles scene. Recently, there have been a spate of large mixed-use development projects within a one mile radius of the subject property, including the Crenshaw Lofts, a 195 unit project in development immediately next door. An owner-user can obtain up to 90% Small Business Administration (SBA) Financing.
5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. The building has had numerous upgrades such as security camera installation, vinyl windows, and a newer roof and exterior paint. There is ample tenant parking as well as owned communal laundry machines and a storage room that could be rented or retained for the owner's use. Lastly, the 7,200 square foot lot is 50% larger than the standard 4,800 square foot lot for the area. Superbly located just steps away from the heart of the West Adams commercial corridor, 5511 Smiley Drive provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 83 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Westside Neighborhood Park, Marvin Avenue Elementary, Argo Navis Middle School, and Hamilton High School. Public transit is easily accessible at the La Cienega/Jefferson Metro station 0.7 miles away. With 5511 Smiley, you can hedge against inflation, exploit tax advantages, and add more value.
2637 S Redondo Blvd is an 8-unit garden-style apartment building located in the West Adams neighborhood of Los Angeles. The property's unit mix consists of eight open concept 1+1's, seven of which have been extensively remodeled to include new paint, laminate flooring, windows, kitchens, and bathrooms. The exterior of the building has also been painted and re-landscaped. Each unit has its own water heater and is individually metered for gas and electricity. Located just minutes away from Culver City, Mid-City, and the University of Southern California, 2637 S Redondo Blvd provides residents with a central starting point for commuting. The property boasts a fantastic 84 walk score and is located just 0.7 miles away from the Expo/La Brea Metro station and 0.5 miles from the nearest I-10 freeway on-ramp. Tenants can enjoy a variety of new area amenities featured in the ever evolving West Adams neighborhood. Tenants with children have numerous nearby parks and schools to choose from, including Rancho Cienega Recreation Center and Cienega Elementary School. With 2637 S Redondo Blvd you can hedge against inflation, exploit tax advantages, and add more value.
Welcome to this exceptional mixed-use property nestled in the vibrant live/work space offering an amazing opportunity for both commercial and residential endeavors. Seamlessly integrating commercial and residential spaces, this property presents endless possibilities for investors or owner-occupiers alike, making it perfect for live-work space. Commercial Space (1st Unit):Step into a spacious 1150 SqFt area primed for diverse business ventures.Featuring a full bathroom for customer convenience or employee needs.Perfectly suited for retail, office use, or professional services, maximizing its commercial potential. Residential Units:Unit (A) - Upstairs:Experience a charming 2-bedroom, 1-bathroom layout spanning 1150 SqFt. Complete with a well-appointed kitchen, inviting living room, and cozy dining area. Crafting a comfortable living space, ideal for relaxation or entertainment.Unit (B) - Downstairs:Discover another delightful 2-bedroom, 1-bathroom layout, also 650 SqFt in size.Offering a spacious living area, well-equipped kitchen, and welcoming dining room.Versatile in design, suitable for residential living or as additional commercial space. (You can combine the two downstairs units into one and make it 1300sqft). Additional Features:Convenient detached 1 car garage & accommodat
Welcome to this exceptional mixed-use property nestled in the vibrant live/work space offering an amazing opportunity for both commercial and residential endeavors. Seamlessly integrating commercial and residential spaces, this property presents endless possibilities for investors or owner-occupiers alike, making it perfect for live-work space. Commercial Space (1st Unit):Step into a spacious 1150 SqFt area primed for diverse business ventures.Featuring a full bathroom for customer convenience or employee needs.Perfectly suited for retail, office use, or professional services, maximizing its commercial potential. Residential Units:Unit (A) - Upstairs:Experience a charming 2-bedroom, 1-bathroom layout spanning 1150 SqFt. Complete with a well-appointed kitchen, inviting living room, and cozy dining area. Crafting a comfortable living space, ideal for relaxation or entertainment.Unit (B) - Downstairs:Discover another delightful 2-bedroom, 1-bathroom layout, also 650 SqFt in size.Offering a spacious living area, well-equipped kitchen, and welcoming dining room.Versatile in design, suitable for residential living or as additional commercial space. (You can combine the two downstairs units into one and make it 1300sqft). Additional Features:Convenient detached 1 car garage & accommodating 2-3 vehicle parking spots, enhancing accessibility.Separate entrances for each unit ensure privacy and seamless access.Back alley entrance adds further convenience and ease of use.Recently installed brand new roof guarantees long-term durability and peace of mind. Prime Location:Strategically positioned on a prime street adjacent to the LA Metro and various commercial retail hubs.Enjoying high visibility and foot traffic, perfect for business endeavors.Additionally, seize the opportunity to rent the sign above, further enhancing visibility and advertising potential.Close proximity to amenities, dining options, and public transportation, enhancing convenience.This remarkable property presents a rare opportunity to own a flexible space in a coveted location. Whether you seek a lucrative investment, a residence with the added bonus of a home-based business, or a perfect live-work space, this property delivers. Don't miss out on claiming this gem for yourself - schedule a viewing today!
Welcome to this exceptional mixed-use property nestled in the vibrant live/work space offering an amazing opportunity for both commercial and residential endeavors. Seamlessly integrating commercial and residential spaces, this property presents endless possibilities for investors or owner-occupiers alike, making it perfect for live-work space. Commercial Space (1st Unit):Step into a spacious 1150 SqFt area primed for diverse business ventures.Featuring a full bathroom for customer convenience or employee needs.Perfectly suited for retail, office use, or professional services, maximizing its commercial potential. Residential Units:Unit (A) - Upstairs:Experience a charming 2-bedroom, 1-bathroom layout spanning 1150 SqFt. Complete with a well-appointed kitchen, inviting living room, and cozy dining area. Crafting a comfortable living space, ideal for relaxation or entertainment.Unit (B) - Downstairs:Discover another delightful 2-bedroom, 1-bathroom layout, also 650 SqFt in size.Offering a spacious living area, well-equipped kitchen, and welcoming dining room.Versatile in design, suitable for residential living or as additional commercial space. (You can combine the two downstairs units into one and make it 1300sqft). Additional Features:Convenient detached 1 car garage & accommodating 2-3 vehicle parking spots, enhancing accessibility.Separate entrances for each unit ensure privacy and seamless access.Back alley entrance adds further convenience and ease of use.Recently installed brand new roof guarantees long-term durability and peace of mind. Prime Location:Strategically positioned on a prime street adjacent to the LA Metro and various commercial retail hubs.Enjoying high visibility and foot traffic, perfect for business endeavors.Additionally, seize the opportunity to rent the sign above, further enhancing visibility and advertising potential.Close proximity to amenities, dining options, and public transportation, enhancing convenience.This remarkable property presents a rare opportunity to own a flexible space in a coveted location. Whether you seek a lucrative investment, a residence with the added bonus of a home-based business, or a perfect live-work space, this property delivers. Don't miss out on claiming this gem for yourself - schedule a viewing today!
Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with its own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing g
Huge 200k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing 6.6% Cap Rate and 11.2 GRM from day 1! Additionally, there are nearly RTI plans to add 2 detached ADUs to achieve a remarkable 8.7% Cap Rate and 8.9 GRM on proforma. All 7 units have been completely remodeled from the studs with permits (3 Vacant) and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.
This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.
Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.
This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.
This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.
Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.
Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
Wow! We are pleased to present for sale a true value-add investment opportunity located in the heart of Hollywood. With ~58% of the building vacant, a new buyer has a fantastic opportunity to transform this residential hotel/apartment building into a Cash Cow! Known as the El Nido Hotel, the subject property consists of 38 studios with individual baths in each unit and is currently being rented on a monthly/weekly basis. 22 of the 38 units are currently vacant giving an investor the ability to renovate these units and re-rent at market rate. Monthly rent is estimated to be in excess of $42,000/month once vacancies are filled, yielding an incredible cap rate of 6.5%!! (monthly proforma of over $51,000/month in income once all units are turned over!) The El Nido boasts a Walk Score of 95 and is in close proximity to shopping, dining, entertainment, studios, transit, and so much more! Lots of new development in the area (Tesla's new supercharging station with restaurant and movie screens opening less than a mile away!). Do not miss this opportunity to purchase an asset with tons of upside in a phenomenal location with high rental demand. Bankruptcy court sale, subject to overbid. Contact listing agent for more details or to schedule a showing!
Welcome to 1651 Redcliff Street, an amazing 6-unit property nestled in the heart of Silver Lake (90026), a highly sought-after neighborhood in Los Angeles. The property offers a diverse unit mix, comprised of a 1927-built front house with 4 bedrooms and 3.5 baths, a triplex built in 1964 with three 2-bedroom, 2-bath units, and a newly constructed duplex featuring two 6-bedroom, 4.5-bathroom units with rooftop decks and stunning views. All units have been beautifully renovated or are newly constructed, commanding top-of-the-market rents. There are RTI (Ready-To-Issue) plans for a storage room to be converted into a spacious (+/-) 731 square foot Accessory Dwelling Unit (ADU). Featuring sunlit interiors with hardwood floors and carefully crafted architectural details, these units provide a warm and welcoming ambiance. Each unit boasts spacious bedrooms, updated kitchens with stainless steel appliances, stylish bathrooms, central AC, in-unit laundry, and private outdoor spaces in some units. Situated on a 16,736 square foot lot, aside from the newly constructed duplex, all units have undergone gut-level renovations, ensuring a modern living experience while preserving their timeless charm. Additionally, all units are separately metered for gas and electric, with parking available fo
With four separate buildings spanning two parcels, the property occupies a total of 15,090 land square feet on the corner of Wilton Place and La Mirada Avenue. The existing assets are available for an attractive 10.98 GRM with approximately 16% rent upside, in addition to potential future development possibilities adding flexibility to an investor's exit strategy. The large lot is zoned LAR3 and sits in a Tier 2 TOC area, while also holding ED1 eligibility. Located near Sunset Boulevard, the property provides tenants with convenient access to several Hollywood destinations as well as the rest of the Los Angeles metro, via the nearby 101 Freeway. The exclusive Hancock Park neighborhood is only a few blocks southwest, while Koreatown and the Hollywood Walk of Fame are both nearby as well. The new 14-story ICON office tower, primarily leased to Netflix, was recently completed at the nearby Sunset Bronson Studios, while additional new construction is scheduled for Sunset Gower Studios, just one mile from the property. There, a joint venture between Hudson Pacific Properties and The Blackstone Group will be expanding the studio and office space, adding 620,000 square feet to the studio campus. The property is just north of Paramount Studios, the Hollywood Forever Cemetery, and Melrose
Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and 3rd Street Elementary School area. 7 unit apartment with no rent control near Hancock Park. Six units of 1 bed/1 bath and one unit of 2 beds/2 baths with 8 parking spaces. Units in good condition and well maintained with hardwood flooring throughout in this easy to rent building. Downstairs unit (2 beds/2 bath) has own parking, storage and front yard. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction. Drive by only. Please do not disturb the tenants. Shown on accepted offers only.
pleased to present 113 West Century Boulevard, a high cashflow 6-unit apartment building located in the City of Los Angeles. The subject property is in close proximity to the 110 and 105 freeway making access to downtown LA, West LA and Long Beach easily accessible. 113 W Century consists of all 2-bedroom/1-bathroom units with six surface parking spots, for a total of 3,402 sqft situated on a 4,444 sqft lot. Five of the six units are newly renovated as well as upgrades to the gate, stairs, and exterior finishes. With strong in place income with additional rental upside 113 W Century Blvd Offers and incredible investment opportunity for an astute investor.
1414 S Orange Dr, a fantastic 5-unit investment property located in Mid City in Los Angeles, CA. This beautiful new construction cash-flowing property sits on a 0.16-acre lot with over $141,000 in capital improvements added in the past year. Some of the recent improvements include EV charging stations, nest thermostats, private yards and a new private fence line, enclosed garages, eco-friendly irrigation systems, brand-new LG washer/dryers, sliding glass doors, and beautifully designed landscaping. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 5 spacious units and 7,002 square feet of living area in total. The property features (1) 3 bed 3.5 bath unit, (2) 4 bed 4.5 bath units, and (2) 3 bed 2 bath units across three separate structures. All of the units have been extensively upgraded and rented at market to strong tenants. 1414 S Orange Dr, nestled in a prime pocket of Mid City, offers strong Day 1 cash flow operating at 5.02% Cap Rate and 14.21 GRM.
We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this property has a highly desirable location with unmatched potential for only $200K/unit. Residents will enjoy the proximity to Silver Lake and the abundance of retail, dining, and entertainment options at Sunset Junction. Notable amenities nearby include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and more. With easy access to Downtown and Hollywood employment hubs, this area is particularly attractive to young professionals. Below market rents and significant value add potential give any investor the opportunity to capitalize on nearly 100% in rental upside and receive tax benefits in an Opportunity Zone.
This property is located in an excellent location, walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath, and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. New 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatives are responsible to do their own inspections and due diligence to verify and satisfy themselves with all city compliances, restrictions and guidelines of the property. Rents are currently below market, market rents are estimated to be $2,500 for 2 bedrooms and 1 bath, and $2,000 for 1 bedroom and 1 bath. The Gross schedule income, vacancy allowance and net operating income are based on estimation only, not actual numbers. Don't miss this great investment opportunity! Do not disturb tenants, drive by only! Offer subject to inspection.
On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.