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1622 S Spaulding Ave, Los Angeles
$1,950,000
4 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Equity-Builder Spanish Charmer | ADU & Investment Potential in Mid-City Los Angeles. Excited to present 1622 S Spaulding Avea rare combination of historic character and development upside in Mid-City Los Angeles. The 7,068 sq ft lot is perfect for investors seeking ADU income or end-users envisioning a personal resort. Four bedrooms, two baths, original 1923 details, and a finished garage poised for conversion. Know someone looking to build equity in a prime LA location? Let's connect for a tour! Set on an exceptionally deep 7,068-sq-ft lot, this storybook 1923 Spanish unlocks the outdoor potential Angelenos crave flat, sun-drenched grounds ready for a resort-worthy pool, lush gardens, or a revenue-producing ADU with its own gate and alley access. Beyond the arched, bougainvillea-framed porch, a radiant living room with barrel ceiling, original fireplace, and hardwood floors flows into a skylit dining room and updated stainless kitchen that peers out to towering palms. Four restful bedrooms (including an oversized primary with dual closets) are served by two vintage-tile baths, offering move-in comfort plus blank-canvas upside. French doors open to an expansive yard where kids, pets, and parties can roam beneath mature citrus; the finished garage already functions as office, studio, or future guest house. Tucked on a Miracle Mile street minutes to the Metro, LACMA, and Pico dining, this property is equal parts charm and opportunity. Tour today before visionaries scoop it up.

1622 S Spaulding Ave, Los Angeles

Courtesy of Nest Seekers, Anolan Dragitsch - CA DRE#02126813

1238 W 30th St, Los Angeles
$3,299,000
14 Beds ⋅ 9 Baths ⋅ ACTIVE UNDER CONTRACT Status
We are pleased to present a rare opportunity to acquire a high performing, turn-key five (5) unit student housing investment located in the premier North of USC pocket, within the highly sought-after DPS Patrol Zone. Positioned just a short walk from the University of Southern California, this location consistently commands strong rental demand, premium rents, and 100% occupancy year-round. This asset is built for cash flow and stability. The property is currently 100% occupied with USC students and fully leased, generating $23,350 per month in gross income, offering investors immediate yield from day one. With parental guarantees in place and a proven leasing track record, this investment provides a reliable and predictable income stream in one of the strongest student housing markets in Los Angeles. The property consists of a well-maintained triplex (1907) and a newer duplex (2015), totaling approximately 5,295 rentable square feet on a 6,952 square foot lot. The unit mix includes (3) 3-bedroom + 2-bath units, (1) 4-bedroom + 2-bath unit, and (1) studio, an ideal configuration for maximizing per-bed income and maintaining high occupancy. All units have been extensively renovated with modern, high-end finishes, including hardwood flooring, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washer and dryers, and wall-mounted flat-screen TVs. The property also features 10 garage parking spaces, a gated entry, and a shared outdoor amenity area with a barbecue and hot tub, highly attractive features for the student demographic. From an operational standpoint, the asset is extremely efficient, with tenants responsible for all utilities (water, gas, and electricity are individually metered), further enhancing net income and reducing landlord expenses. Additional capital improvements include a new roof, upgraded copper plumbing, and double-pane windows, minimizing future maintenance and capital expenditure risk.Offered at approximately a 7% cap rate and 12x GRM, this is a true plug-and-play investment combining strong in-place cash flow, minimal management intensity, and long-term upside in one of LA's most resilient and supply-constrained rental submarkets.

1238 W 30th St, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Davis Saadian - CA DRE#01921748

1438 Magnolia Ave, Los Angeles
$1,190,000
4 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Ideally situated in a high-demand, central Los Angeles location, this charming 4- unit property offers future potential and a first- time investor. the property features (4) spacious 1 bedroom/1 bath and 8 assigned parking in the back. Each unit provides a functional layout with ample natural light. This property boasts an exceptional high walk score, putting tenants just steps away from local amenities, restaurants and transportation. Commuting is a breeze with easy access to the 10 and 110 freeways, and itis just a short distance from the bustling Koreatown, the Convention center and LA downtown. it is good for 1031 exchange as well. Please do not disturb tenants, just drive by only. Parking is in the back entering alley in Venice blvd., Accepted offer subjected to showing, Sellers are motivated.

1438 Magnolia Ave, Los Angeles

Courtesy of High Equity Real Estate Service, Inc., Jung-Anna Kim - CA DRE#00797256

3045 Wellington Rd, Los Angeles
$2,269,000
12 Beds ⋅ 13 Baths ⋅ ACTIVE Status
Price reduction bring your offers. 2023 Newer construction. All units are occupied and actual rents are shown. The best priced property in Mid City. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rents shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow. Total monthly rental income $14,075.00.

3045 Wellington Rd, Los Angeles

Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa - CA DRE#01155576

5418 Smiley Dr, Los Angeles
$1,299,990
5 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Rare opportunity in the heart of West Adams. Includes 3 addresses: 5416, 5418, and 5418 1/2. Completely remodeled in 2022, this duplex with 1bed ADU income property is perfect for investors and owner-users alike. Generating market value $8200 in monthly income potential. 5416 is a 2bed + 1bath in 636sf, currently rented and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 is a 2bed + 2bath in 1111sf, also currently rented, and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking, small garden area by front entrance and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 1/2 is a 1bed ADU with private patio space, wide plank vinyl flooring, mini split HVAC, vinyl windows, and in unit stackable laundry. Close to well known neighborhood local small business eats like Open Face Food Shop, Mizlala, Alta, Normandie Bakery, Fleur et Sel, Highly Likely, Delicious Pizza, Chulita, Damn I Miss Paris, muso, Vicky's All Day, and Maydan Market. Short stroll to Westside Neighborhood Park, Whole Foods, the Metro, with close access to the fwy, downtown, as well as other neighborhood favorites like Persona, Divine Glow Esthetics, Antiqua, Hills & Heights Pilates, Good Mother, Pascals Printing, and the Blending Lab. Explore nearby tranquil LPRC Park, and neighborhood gems like Peace Awareness Labyrinth & Gardens. This location truly has it all!

5418 Smiley Dr, Los Angeles

Courtesy of Real Estate Collective, Claire Lissone - CA DRE#01426130

3530 W 27th St, Los Angeles
$960,000
5 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Seize this rare opportunity in Historic Jefferson Park. This Duplex offers great investment benefits to the owner. The two units offer identical floor plans except the upstairs unit provides an additional 3rd bedroom and 3/4 bathroom for a total of 2848 Sq. ft., square footage is accurately reflected within the title, see attached floor plan. Located minutes from the Crenshaw District, West Adams HPOZ, USC, Expo Park, Museums, Coliseum, BMO Stadium, Downtown L.A. and freeways. Take advantage of superior value-add potential through upgrading, renovation, and LAR3 zoning with additional unit(s) or converted into shared/student housing which will be delivered vacant. This property, built in 1966, is not restricted to HPOZ limitations.

3530 W 27th St, Los Angeles

Courtesy of Thompson Capital Co, Cleman Thompson - CA DRE#01104733

2327 S Budlong Ave, Los Angeles
$1,850,000
16 Baths ⋅ ACTIVE Status
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

2327 S Budlong Ave, Los Angeles

Courtesy of Ashby & Graff, Billy Rojas - CA DRE#01395544

1409 S New Hampshire Ave, Los Angeles
$1,220,000
4 Beds ⋅ 3 Baths ⋅ ACTIVE Status
This property presents an excellent investment opportunity in one of Los Angeles' centrally located and well-connected neighborhoods. Situated just minutes from Downtown Los Angeles and Koreatown, with easy access to major thoroughfares, public transportation, dining, and retail.The duplex will be delivered fully vacant, allowing the new owner to apply current market rental rates. The property features two newly renovated units located near the southwest of Vermont Ave and Pico Blvd.Unit 1 (Front Unit) offers 3 bedrooms and 2 bathrooms with an open floor plan, hardwood flooring throughout, a spacious living area, and a modern kitchen with matching stainless steel appliances. The expansive L-shaped kitchen includes granite countertops, dual sinks, contemporary wood cabinetry, and a stylish breakfast bar. Bathrooms feature granite vanity tops with matching backsplashes. This unit also includes a dedicated laundry room with access to the backyard.Unit 2 (Rear Unit) features 1 bedroom and 1 full bathroom, with laminated wood flooring in the living room and kitchen. The modern kitchen is equipped with quartz countertops, dual sinks, and opens to a den that can be used as an additional bedroom or entertainment space.The paved driveway and concrete backyard accommodate multiple vehicles, and the property includes rear alley access for added convenience.A must-see opportunity for investors seeking a high-income rental property. Don't miss this exceptional duplex.

1409 S New Hampshire Ave, Los Angeles

Courtesy of B & B Investment Properties, Audrey Jung - CA DRE#01400834

2331 Lucerne Ave, Los Angeles
$1,625,000
5 Beds ⋅ 5 Baths ⋅ ACTIVE Status
BEST VALUE IN MID CITY! Welcome to Lucerne tower! A five unit, 1920's Italianate Arts & Crafts architectural multifamily apartment building with multiple live/ loft/ work accessory unit potential. Centrally located, within the urban vibrancy of Mid City Heights/West Adams district. Officially designated an "Urbanized, Transit Priority Area" (TPA), the property is strategically positioned in the most appealing centre of high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighbourhood is experiencing a rapid growth of multifamily development. Lucerne Tower sits within recently funded city infrastructure installations including (2) Metro lines to USC , LAX, Downtown, Westside Beaches, and walkability to the "Washington Corridor" & Artist District featuring trending coffee venue destinations and art galleries. All units have been master-crafted, millwork restored and adequately sized [potential reconfigure] with hi-cove ceilings, separate dining areas, sconced parlors and Batchelder fireplace mantles. Bathrooms feature wainscoted tile, pedestal sinks, and deep 1920s Kohler tubs in all units. All units retain individual laundry rooms with 125 amp electric service, copper plumbing with no expense spared on the structural assets. The property sits atop an apex of unobstructed, Los Angeles citywide views. Here you will find the "hero tower" unit with a separate 12'x12' creative space, 360' panoramic rooftop views and balconies perched over the Mediterranean landscape's 25 ft palm trees. The rear loft apartment sits stand alone over (4) additional artist shops or studio workplaces adding a unique flex-space potential [buyer to verify with city]. The property can be versatile for an owner-user/creative that wants to have onsite work -loft studio space or any professional/investor.

2331 Lucerne Ave, Los Angeles

Courtesy of Douglas Elliman, Antony Arkel - CA DRE#01316547

1320 Crenshaw Blvd, Los Angeles
$1,395,000
12 Beds ⋅ 5 Baths ⋅ ACTIVE Status
"INCOME-PRODUCING" 4-Unit Building currently operated as a multi-room rental located in Pico/Crenshaw area of Central Los Angeles, near Koreatown and Mid-Wilshire. The interior configuration has been significantly altered by prior ownerships, with walls opened and reconfigured, resulting in a layout that currently resembles a large single-family residence. The existing configuration is non-conforming to the original 4-unit design. The property is currently being used as a individually rented, approximately 12-bedrooms rooming house, producing approximately $7,606 in gross monthly income. The building features two communal kitchens, one on each level. Recent improvements include a newer roof (approximately 4 years old) and an updated heating system. The seller pays all utilities, averaging approximately $1,000 per month for water and electricity and $500 per month for gas. The property offers at least 5 surface parking spaces and is situated on a 7,158 Sq.ft R-3 Lot with Tier 3 Transit Oriented Communities (TOC) designation, offering significant redevelopment and density potential. Buyer to conduct their own due diligence and verify all zoning, permits, square footage, current use, and development potential. Ideal opportunity for investors or developers seeking income with strong Value-add or redevelopment upside in a prime central Los Angeles location. NOTE: PLEASE DO NOT DISTURB OR SPEAK WITH TENANTS, NOR WALK ON THE PREMISES!

1320 Crenshaw Blvd, Los Angeles

Courtesy of Keller Williams Larchmont, Linda Roth Burrell - CA DRE#01080274

4935 W 20th St, Los Angeles
$3,800,000
16 Beds ⋅ 17 Baths ⋅ ACTIVE Status
This exceptional 7-unit income property is a rare opportunity. Built in 2020 with modern architecture and Green Building Certification, the property offers the benefits of new construction in a high-demand location. Situated just minutes from the Arts District, Culver City, Ivy Station, Amazon Studios, Sony Pictures, HBO, and a growing number of major tech and entertainment companies, it sits in the heart of LA's innovation corridor. The area continues to see strong rental performance, driven by its proximity to high-paying, stable employment hubs. Located in the thriving Mid-City market - particularly the desirable west side near Beverlywood and Culver City - this asset is positioned to benefit from ongoing demand. The property features a unique layout of three duplexes and one single-family building, totaling seven modern townhome-style units. Each unit includes a private laundry room, two parking spaces, and is separately metered for water, gas, and electricity. In the parking lot, EV is ready for tenants. There is also a dedicated owner meter for common area utilities. Please contact the listing agent for further details or to schedule a showing.

4935 W 20th St, Los Angeles

Courtesy of Apple Tree Realty, Inc., Thomas Yong Kim - CA DRE#01934789

4516 St Charles Pl, Los Angeles
$982,000
5 Beds ⋅ 3 Baths ⋅ ACTIVE Status
HUGE PRICE REDUCTION!! ADU Potential duplex situated in Mid Los Angeles, adjacent to Miracle Mile and Hancock Park. Downstairs unit consists of 3 beds and 1.5 baths. Upstairs 2 Beds, 1 bath. Each Unit has a dining area. Wood and tile floors throughout. Garage converted without permit and have a plan to convert back to garage. Unpermitted storage attached to the garage has been there over the decades. Each unit is individually metered gas & electricity and the upper unit electric meter is connected to the garage. The LA COUNTY ASSESSOR and the title reports showed 3 units with 7 beds, 3 baths. Both units will be delivered with tenants in place. Excellent value add investment opportunity or OWNER USER. Please Do not disturb tenants. **DRIVE BY ONLY** Interior inspection subject to accepted offer. Property is being SOLD AS-IS condition!

4516 St Charles Pl, Los Angeles

Courtesy of WIN Realty & Properties, Yvonne Kim - CA DRE#01851796

2636 Virginia Rd, Los Angeles
$3,250,000
16 Beds ⋅ 15 Baths ⋅ ACTIVE Status
Presenting 2636 Virginia Rd a newly constructed four-unit townhouse style units in prime Mid-City area. This is a rare opportunity considering the area's low inventory and a great property to add to your portfolio with a projected 4.62% Cap Rate in a thriving neighborhood. This is a 2022 build tri-level side-by-side units in two separate buildings located in the opportunity zone. A high demand investment opportunity featuring modern design, open and large floor plans, ample parking, rooftop decks (two units) with amazing views of the city! These beautifully designed townhomes consist of spacious (2) 4 Bed 4 Bath and (2) 4 Bed 3.5 Bath units each equipped with in unit laundry, Central A/C with Nest thermostats, balconies, individual water, electric, gas meters, stainless steel appliances installed, paid off solar panels. All highly attractive amenities for the tenants. The property is centrally located and minutes away from Downtown LA, Culver City and close to 10 freeway, giving easy access to all surrounding areas. This is an absolutely beautiful property. Call now for a viewing!

2636 Virginia Rd, Los Angeles

Courtesy of Compass, Susan Roberts - CA DRE#01944257

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