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$7,500,000
26673971 MLS Closed Status
THE SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID. INTERESTED PARTIES CAN OVERBID VIA ZOOM IN BANKRUPTCY COURT AT 10:00A.M. ON 6/24/26. ANY INITIAL BID MUST BE NO LESS THAN $7,000,000 WITH INCREMENTS THEREAFTER OF NO LESS THAN $10,000. ANY OVERBIDDERS MUST BE PRE-QUALIFIED BY TRUSTEE IN HIS SOLE DISCRETION. AT LEAST 3 BUSINESS DAYS PRIOR TO THE HEARING, OVERBIDDERS MUST DELIVER: 1.) CASHIER'S CHECK IN AMOUNT OF $208,500 PAYABLE TO JASON M. RUND, CHAPTER 7 TRUSTEE; 2.) EVIDENCE OF ABILITY TO CLOSE ESCROW UNCONDTIONALLY (E.G., CURRENT BANK STATEMENT, UNCONDITIONAL LOAN COMMITMENT) ACCEPTABLE TO TRUSTEE IN TRUSTEE'S SOLE DISCRETION. 3.) EXECUTE AN AFFIRMATION OF YOUR AGREEMENT TO BE BOUND BY EACH OF THE TERMS OF THE CURRENT PURCHASE AGREEMENT AND WAIVE ALL CONTINGENCIES. YOU MUST CONTACT LISTING AGENT FOR A COPY OF AFFIRMATON AGREEMENT AND CHAPTER 7 TRUSTEE'S MOTION FOR ENTRY OF ORDER APPROVING SALE OF REAL PROPERTY. This two-story office building, currently operating as the Hyundae Health Center Korean Spa, is being offered as a bankruptcy sale and presents a unique value-add opportunity in the heart of Koreatown. The property features a passenger elevator and a gated parking lot accommodating approximately 70 vehicles. Ideally situated on a high-visibility, signalized corner with traffic counts of 25,176 vehicles per day (2025), the site is located one block west of Normandie Avenue and one block north of Wilshire Boulevard, providing excellent access to the 101, I-10, and 110 freeways. Zoned LAC2-1 and designated as TOC Tier 4, the property offers strong redevelopment potential and is located within a Qualified Opportunity Zone, providing potential tax advantages. The sale is subject to bankruptcy court approval and overbid, and the property will be sold "as-is."

3625 W 6th Street, Los Angeles

$5,200,000
6 Beds 40 Baths 25491227 MLS Closed Status
250 S Kenmore Ave is a 40-unit apartment building located in the heart of Koreatown, one of Los Angeles' most desirable and rapidly developing submarkets. Originally built in 1926, this well-maintained, four-story property has undergone significant unit renovations and offers additional value-add potential. The building features a strong unit mix of 34 studio units and 6 one-bedroom, one-bath units.250 S Kenmore provides investors with the chance to enter a high-demand rental market, with potential for further value through additional renovations. Twenty-eight of the forty units have been extensively renovated with high-end finishes which include new stainless-steel appliances, laminate and tile flooring, upgraded kitchens with new cabinets, stone countertops, and tile backsplashes, new fixtures, new paint, new based moldings, and energy efficient LED lighting. The property also offers secure access and on-site laundry facilities for tenant convenience.Beyond the units, the property has seen substantial upgrades, including a new roof installed in 2014, a fully renovated lobby with new paint, tile, and lighting, and refreshed common area hallways with new paint, refinished hardwood floors, and updated lighting fixtures. In 2017, current ownership installed a solar thermal system and a new boiler. Additionally, the property features drought-resistant landscaping, contributing to sustainability and water conservation efforts. While the property has undergone significant renovations, there remains an opportunity for investors to capitalize on the remaining rental upside through a comprehensive interior renovation program. 250 S Kenmore is ideally located in one of Los Angeles' most vibrant and sought-after neighborhoods. The property is a Walker's Paradise, with convenient access to a wide range of nearby amenities, including entertainment venues, restaurants, shopping, hotels, and nightlife. Positioned in an area with substantial economic growth, 250 S Kenmore presents a unique opportunity to acquire a well-maintained asset with strong potential for long-term appreciation and rental growth.

250 S Kenmore Avenue, Los Angeles

$4,500,000
16 Beds 25 Baths 26654767 MLS Closed Status
Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

400 S Mariposa Avenue, Los Angeles

$4,500,000
26654809 MLS Closed Status Mariposa 400 BLDG.
THE OPPORTUNITY: 400 S Mariposa Ave offers a chance to acquire a 25-unit multifamily asset on a corner lot in the heart of Koreatown, one of Los Angeles' most resilient and renter-driven submarkets, where demand continues to outpace even robust new supply. The 13 renovated units are achieving market-making rents, while the remaining 12 units presents approx. 30% upside through a proven renovation and turnover strategy. The asset is located on the corner of Mariposa Ave and 4th Street, near Koreatown's densest commercial corridor and benefits from approx. 19 parking spaces and separately metered gas and electric utilities. Building system upgrades and strong current collections add to the asset's operational appeal. THE ASSET: Originally built in 1956, 400 S Mariposa is a well-maintained, 25-unit mid-century apartment building situated on a quiet residential corner lot. The property spans 16,736 square feet across a 15,070 SF double lot, zoned LAR4. Thirteen units have been upgraded with modern interiors, featuring new flooring, renovated kitchens and bathrooms, and contemporary finishes. The remaining units are in clean, classic condition and offer immediate value-add potential through cosmetic renovations. Current operations are stable, with strong collections and ample room for rent growth as units turn. The property offers approximately 24 on-site parking and is separately metered for gas and electric, with master-metered water and sewer. Major system upgrades, including plumbing, electrical, and windows, and seismic retrofit have already been completed, minimizing near-term capital expenditure needs and improving operational efficiency.

400 S Mariposa Avenue, Los Angeles

$4,000,000
BB26055756 MLS Closed Status
5209 W 20th St is a newly constructed, fully stabilized six unit investment located on a quiet tree lined street in prime Mid City. This luxury asset delivers a true 6.25% cap rate supported by $336,000 in gross income and $268,598 in net operating income, offering investors immediate day one cash flow in one of Los Angeles’ strongest rental markets. The property features an exceptional unit mix of five expansive four bedroom tri level townhome style residences and one equally impressive three bedroom unit. These homes offer oversized kitchens, generous living spaces, designer tilework, modern cabinetry, stainless steel appliances, large closets, abundant natural light, multiple balconies, and massive rooftop decks that create a true luxury rental experience. The location is a major draw for career stable renters seeking proximity to Culver City’s rapidly expanding tech and media corridor. With Apple, Amazon Studios, HBO, and Sony continuing to expand nearby, this pocket of Mid City has become a preferred home base for professionals seeking shorter commutes, modern housing, and convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. This combination of new construction and proximity to major employment hubs creates a deep and reliable tenant pool with sustained rental demand. With separate utility meters, brand new building systems, drought tolerant landscaping, ample parking, and a full one year builder warranty, the property offers investors a low maintenance and operationally efficient asset. Priced at $716,500 per unit and $465 per square foot, 5209 W 20th St blends luxury design with strong in place income performance in one of the most central neighborhoods in Los Angeles.

5209 W 20th, Los Angeles

$3,300,000
14 Beds 21 Baths 25557061 MLS Closed Status
We are pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue. The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 25% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

510 N Harvard Boulevard, Los Angeles

$3,000,000
SR25227087 MLS Closed Status
We are pleased to present 542 N. Normandie Ave, a rare 12-unit multifamily investment opportunity ideally located in the heart of the Mid-Wilshire and East Hollywood transit corridor. Built in 1988 with quality construction and spanning approximately 11,700 square feet, this three-story property offers spacious 2-bed, 2-bath units, each designed for comfortable urban living. All units are separately metered for gas and electricity. The property includes an on-site laundry facility for tenant convenience and additional income. The building provides secure entry, 16 gated parking spaces plus 2 guest spots, private balconies for select units, and a large storage area that can generate further revenue. With a current cap rate of 5% and a pro forma cap rate of 7%, the asset offers substantial upside through rent growth, operational efficiencies, and value-add improvements. One of the most immediate opportunities for investors lies in the implementation of a RUBS (Ratio Utility Billing System) program. By allocating utility expenses back to tenants, new ownership has the opportunity to significantly reduce operating costs, boost net operating income (NOI), and enhance cash flow. This streamlined approach not only increases the property’s performance but also drives long-term equity growth, positioning the asset for superior returns. Located near Melrose, Hollywood, and Koreatown, tenants benefit from proximity to major job hubs, dining, entertainment, and transit options—ensuring strong and stable demand in one of Los Angeles’ most dynamic rental markets. This property is not subject to Los Angeles City Rent Control. Only California AB 1482 statewide rent regulations apply, allowing for greater long-term rent growth and flexibility.

542 N Normandie Avenue, Los Angeles

$2,425,000
9 Beds 9 Baths 26636995 MLS Closed Status
CURRENT MARKET RENTAL COMPS ATTACHED ON DOC - OWNERSHIP SPENT $550,000 IN 2019 TO RENOVATE EVERYTHING FROM FLOORING, BUILDING STUCCO, NEW PAINT INSIDE AND OUTSIDE, NEW APPLIANCES, LIGHTS, BATHROOMS, DOORS, A/C UNITS, NOW MOVE IN CONDITION. BANK APPRAISED VALUATION REPORT IN 2022 $3,600,000.00. AIR BNB OPERATORS WELCOME!! ALL 9 UNITS CAN BE DELIVERED VACANT AT COE!! FULLY REMODELED!! All 9 units 1 Bedroom and 1 Bathroom with All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth-finished stucco, New doors, Brand New Iron handrails, New Kitchen, All New Appliances, New bathrooms, community laundry in the building. Automatic driveway gate. Do not disturb tenants!! Seller will include All units furnished!! SECURITY CAMERAS INSTALLED!! Ample Parking!! Great Location: MINUTES FROM Hollywood and Downtown LA. Few blocks away from Mid-Wilshire. CLOSE TO BUS STOPS AND 101 FWY ON/OFF RAMP. VERY EASY TO MANAGE. BRING YOUR 1031 EXCHANGE HERE!!

601 N Normandie Avenue, Los Angeles

$2,400,000
12 Beds 16 Baths 26671965 MLS Closed Status
Built in 1929, 512 N Alexandria Avenue represents a rare opportunity to acquire a distinctive vintage asset on a desirable residential street in East Hollywood, just moments from Koreatown. The property offers investors a chance to own a character-rich building from one of Los Angeles' most architecturally significant eras. With its classic 1920s charm and strong rental fundamentals, the asset combines historic appeal with meaningful long-term investment potential in one of the city's most dynamic rental corridors. The property consists of sixteen well-proportioned apartment units, including fourteen (14) one-bedroom / one-bath units and four (4) studio apartments. The apartments feature spacious layouts and showcase a variety of original architectural elements that highlight the building's vintage character. Tenants and visitors alike will appreciate the thoughtful design details, including high ceilings, arched passageways, and built-in shelving, all of which contribute to the property's warm and timeless aesthetic.In addition to its attractive unit interiors, the building offers tasteful common areas and a welcoming residential atmosphere reflective of its 1920s design heritage. Amenities include secure property access, an outdoor patio gathering area, and twelve walk-in storage units located in the basement. Residents also benefit from on-site laundry facilities, which are currently leased, providing convenient services for tenants while generating additional income for ownership.From an investment perspective, 512 N Alexandria Avenue presents several avenues for future upside. Investors may have the opportunity to increase rental income through strategic unit renovations as units turn over, as well as explore the potential addition of ADUs within two separate lower-level spaces. The building is currently master metered for utilities, creating the potential for further revenue optimization through the implementation of a RUBs (Ratio Utility Billing System) program. The property is exceptionally well located in East Hollywood, offering residents convenient access to some of Los Angeles' most important employment and lifestyle centers, including Koreatown, Downtown Los Angeles, and Hollywood. The neighborhood is highly walkable, with a Walk Score of 85, allowing residents to accomplish most daily errands on foot. Additionally, the property sits approximately a 10-minute walk from the Metro B Line (Red) at the Vermont / Beverly Station, providing direct access to major transit routes and making the location highly desirable for renters seeking connectivity throughout the city.

512 N Alexandria Avenue, Los Angeles

$2,150,000
10 Beds 14 Baths 25624117 MLS Closed Status
We are pleased to present a 14-unit investment opportunity in prime Koreatown at 505 Serrano Ave, positioned on a corner lot just east of Western Ave and north of W 6th St. The subject property features a unit mix of four singles and 10 one-bedrooms with 10 tandem parking spaces (20 spaces total). Built in 1956, the majority of rents are below market, providing significant rental upside of over 33% as units turn. Opportunity to achieve market rents with interior upgrades such as recessed lighting, vinyl plank flooring, new kitchens with modern cabinetry and stainless-steel appliances, and updated bathrooms, as well as exterior cap ex items including exterior paint and new windows. The building is separately metered for gas and electric; there are two washers and two dryers on-site that are currently inoperable, opportunity to install upgraded machines for additional income. Close proximity to schools, employment, and transit options along W 6th St and Wilshire Blvd, this central location makes it convenient for residents to commute throughout the city to nearby neighborhoods such as Downtown LA, East Hollywood, Hollywood, Westlake, and Mid-City, among others. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1 billion invested in the development of Koreatown since the early 2000's and various development projects taking place, Koreatown remains one of the highly coveted submarkets in all of Los Angeles.

505 S Serrano Avenue, Los Angeles

$2,130,000
8 Beds 8 Baths 25557051 MLS Closed Status
We present a prime 6-unit investment property centrally located in Koreatown, one of Los Angeles' most sought-after neighborhoods. Offering a solid 5.47% cap rate and not subject to LA City Rent Control (RSO), this building consists of two large 2bd+2ba+Den units on the second floor and four spacious 1bd+1ba units on the third floor. The ground level offers eight side-by-side parking spaces. There is a bonus outdoor area perfect for BBQ and lounging in the rear. The property is fully occupied by responsible tenants, ensuring stable cash flow. This property benefits from strong rental demand due to its proximity to Wilshire Blvd, major transit lines, trendy cafes, top-tier dining, grocery markets and shopping. This is a rare opportunity to acquire a prime, turnkey asset in one of LA's most dynamic and high-growth submarkets.

1038 Dewey Avenue, Los Angeles

$2,115,000
SB25193365 MLS Closed Status
1273 S Sycamore Ave is a brand new remodeled 4plex located in the Mid-Wilshire pocket of Los Angeles. All units feature new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, modern bathroom fixtures, and washer/dryer in units. Beneficial to the new owner, the roof and plumbing is also new, offering extremely low maintenance. One of the 3Bed/2Bath units will be DELIVERED VACANT, ideal for owner/user! The unit mix is comprised of (2) 3Bed/2Bath and (2) 2Bed/1Bath units with an opportunity to add an ADU for additional income. Two 3Bed/2Bath units are located in the front, and (2) 2Bed/2Bath units are located in the rear. There are 4 private garages with storage space and room for guests to park their vehicles in front of the garages. The subject property is conveniently located in between Mid-Wilshire, Culver City and Downtown LA. This is the ideal situation for an owner/user or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer. OM in supplements.

1273 S Sycamore Avenue, Los Angeles

$2,060,000
8 Beds 12 Baths 25536927 MLS Closed Status
We are pleased to offer for sale a 12-unit apartment community located at 917 South Kenmore Avenue in Los Angeles, California. Situated just north of Olympic Boulevard in the vibrant and rapidly developing Koreatown neighborhood, this property offers in-place yield, with tremendous upside for investors. Located in the heart of Koreatown, the property benefits from strong market fundamentals and is surrounded by an abundance of nightlife, restaurants, coffee shops, and employment centers. The asset is situated on a 6,411 square foot lot, comprised of four, singles/guest rooms* and eight one-bedroom units. Select units have been upgraded with hardwood floors, stainless steel kitchen appliances, renovated bathrooms, and more. The property has 20% remaining rental upside through interior renovations to remaining units. The ongoing redevelopment of the surrounding area, coupled with the value-add potential for a new owner to renovate remaining units and unlock superior future returns, make 917 South Kenmore Avenue an exceptional acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.*LADBS certificate of occupancy indicates that there are 8 apartments & 4 guest rooms. Single units are all equipped with kitchens per Seller - Buyer to verify unit configuration.

917 S Kenmore Avenue, Los Angeles

$1,920,000
12 Beds 6 Baths 26662763 MLS Closed Status
Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a gorgeous and "emotional" pride-of-ownership building in the heart of Koreatown. This architecturally charming, gated 6-unit property offers a rare 5.2% CAP rate and an 11.4 GRM, making it a standout for the savvy investor. Each of the six renovated 2-bedroom, 1-bathroom units features a spacious single-level floor plan with the added privacy of both front and back doors. The interiors are flooded with natural light, boasting soaring 9' ceilings and rich wood flooring throughout. Every unit has been thoughtfully updated with modern kitchens featuring granite countertops and renovated baths. Residents enjoy the ultimate convenience of private laundry rooms with washers/dryers and the year-round comfort of central heating and air conditioning. Some units offer stunning views of the Hollywood Hills and the Downtown Los Angeles skyline. This building experiences almost zero vacancy due to the high desirability of the units and its prime location on an exquisite tree-lined street. The property includes 10 gated parking spaces (5 covered, 5 uncovered). Situated near major employment centers and a world-class array of culinary, entertainment, and cultural destinations, this is a turnkey, high-yield asset in one of LA's most vibrant neighborhoods. Don't miss this fabulous opportunity to own a property where the financial performance is as beautiful as the architecture itself.

251 N Kenmore Avenue, Los Angeles

$1,875,000
8 Beds 12 Baths 26835655 MLS Closed Status
Excellent 12-unit investment opportunity located in the highly desirable Mid-Wilshire/Koreatown area of Los Angeles. 541 S Normandie Ave offers strong current income with significant rental upside potential. The property consists of a unit mix of eight 1-bedroom/1-bath units and four studio units situated on a 7,509 SF lot with LAR4 zoning. Seismic retrofit has already been completed, adding substantial value and reducing future capital expenditure concerns. Property also includes plans for additional ADU units, creating a rare opportunity for increased density and future income growth. Seller may offer favorable seller financing terms with as little as 25% down, featuring a 10-year interest-only note with no prepayment penalty. Centrally located near Wilshire Blvd, dining, shopping, public transit, and major employment centers. Excellent opportunity for investors seeking cash flow with long-term appreciation potential.

541 S Normandie Avenue, Los Angeles

$1,800,000
6 Beds 4 Baths 26641183 MLS Closed Status
The Carolyn Bumiller-Hickey House c. 1904. A true architectural heirloom, this Mission Revival Craftsman is a rare and beautifully preserved work by the celebrated firm Morgan & Walls, created in collaboration with legendary architect Stiles Clements in the heart of Wilshire Center - MILLS ACT property for significant tax savings. Over its lifetime, the home has been held by only four owners a quiet testament to its significance, longevity and the care with which it has been stewarded across generations. Thoughtfully restored with deep respect for its original design, the residence blends period authenticity with meaningful modern upgrades. Recent improvements include a new roof, updated sewer line, copper plumbing, upgraded electrical, dual-zone HVAC, tankless water heaters, and refinished hardwood floors each enhancement intentionally executed to preserve the home's integrity while offering a strong foundation for what comes next. Spanning over 5,000 square feet, the floor plan is expansive yet flexible, offering six bedrooms and four-and-a-half baths alongside a sunroom, den, music room, wood-paneled dining room, mudroom, servant's staircase and quarters, a finished attic which doubles as a ballroom and a full basement with a separate entrance. Original details remain beautifully intact: five decorative fireplaces, leaded-glass windows and built-ins, restored gas-electric light fixtures, and a turn-of-the-century security system elements that anchor the home in its era while allowing future vision to take shape. The gated grounds unfold into a lush, private urban oasis, anchored by mature fruit trees including citrus, fig, persimmon, guava, avocado, mango, and papaya. A detached two-car garage is topped by a fully permitted recreation room perfect as guest quarters, a home office, or creative space. Zoned R4, the property offers both architectural distinction and long-term optionality. Whether preserved as-is or thoughtfully reimagined, this is a rare opportunity to become the next steward of a true Los Angeles legacy. A home with history, held by few ready for its next chapter, whatever you choose to make of it.

1049 Elden Avenue, Los Angeles

$1,750,000
5 Beds 16 Baths 25606069 MLS Closed Status
Listed at a 7.09% CAP Rate and 7.61 GRM based on in-place income, the property offers investors strong immediate cash flow with the added opportunity to recapture approximately 36% in rent upside. The property's electrical system has been upgraded, with a new main panel and new subpanels, saving a new owner from maintenance, insurance, and inefficient utility costs. Attractively priced when compared to similar recent sales, the building is being offered for $124,688 per unit while similar assets have been selling for an average of $151,782 per unit in 2025. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owner can save significant funds from otherwise costly seismic repairs (Buyer to verify). Situated just south of 8th Street, the property offers tenants proximity to the abundant dining and shopping options throughout Koreatown, in addition to job centers in Downtown Los Angeles and the nearby University of Southern California. Residents also enjoy convenient access to the 110, 10, and 101 Freeways, while the Metro B Line and D Line subways, along with several Metro bus stops, are all within blocks of the property. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

910 S Mariposa Avenue, Los Angeles

$1,737,000
DW25179978 MLS Closed Status
Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown! Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio. Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include: -Infrastructure Upgrades: New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting). -Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems. -Stylish Finishes: New doors, blinds, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring. -Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures. -Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, termite fumigation of building & carport, and meticulously detailed windows with new wheels and parts. Property Highlights: -Covered carport with a total of 8 off-street parking spaces (2 per unit). -Lush, mature landscaping including banana and avocado trees. -$138,600 annual rental income. -Attractive around 6% cap rate and 13.7 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. -Prime location with a Walk Score of 95 and Transit Score of 82. Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property.

2625 San Marino Street, Los Angeles

$1,715,000
10 Beds 8 Baths 25569149 MLS Closed Status
Meticulously cared for by the same family for two generations, 502 N Serrano Ave. is incredibly well positioned for an investor to steward to new heights with cosmetic upgrades, unit turnover and potential ADUs. Over the past 20 years, ownership has upgraded the major systems including converting to all copper plumbing, resurfacing and resealing exterior walkway decking, adding a new central water heater and performing a full roof replacement. In 2019, ownership completed the City's mandatory soft-story retrofit. Units have been thoroughly renovated as they turn over, replacing the original bathroom wall heaters with wall/window air-conditioning units. The downstairs unit on Serrano includes a private, secured patio for the tenant's use. The intersection of Serrano and Maplewood Avenues is a quiet area with low density residential and single family homes mixed with mid-sized apartment buildings. 502 N. Serrano is offered at a competitive current cap rate with approximately 20% upside in NOI, with further potential by adding ADUs and implementing RUBS utility reimbursement as new leases are signed. Koreatown is among the highest demand markets in LA. Located in central Los Angeles, west of downtown and south of Hollywood, it's bounded by Beverly Blvd.to the north, Pico Blvd. to the south, Crenshaw Blvd. to the west, and Hoover St. to the east. The neighborhood is well-served by public transportation, with access to the Metro Purple and Red Lines. Koreatown continues to thrive, becoming a vibrant and diverse neighborhood in Los Angeles with over 120,000 residents. The neighborhood's economic growth, new development, increased diversity, and cultural vibrancy have made it a popular destination for residents, businesses, and visitors alike. Ktown is extremely walkable and well-amenitized allowing residents to work, shop, dine and recreate without leaving the area. 502 N. Serrano Ave. is just two blocks from Western Ave., Melrose Ave. and Beverly Blvd. with an incredible amenity base steps away. Koreatown's vibrant culture and ideal central location continue to draw thousands of renters to the area. With its proximity to job hubs, accessible public transit, low vacancy and young demographic, Koreatown has been a favorite among investors and developers--regional to institutional--for over a decade.

502 N Serrano Avenue, Los Angeles

$1,650,000
3 Beds 8 Baths 26782991 MLS Closed Status
Huge 200k Price Reduction! 8-unit building cash flowing at a 6.75% Cap Rate from day 1 with upside to an 8.3% Cap on Proforma! Approved RTI plans to add 8 detached ADUs in the back parking lot to achieve an incredible 12.1% Current Cap Rate, 13.3% Proforma Cap, and only 154k/unit after taking into account all the construction costs (~680k assuming $250/SF). Large 6,770 SF R4 Lot with TOC Tier 3 designation for future development potential. 5 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, and more. Prime Koreatown location just minutes away from the Wilshire/Vermont Metro station as well as many hip neighborhood attractions, restaurants, bars, and shops such as The Line Hotel, Quarters KBBQ, Calic Bagels, H-Mart, Wi Spa, KURVE on Wilshire ($300M 644-unit luxury high-rise development) and many more.

2694 James M Wood Boulevard, Los Angeles

$1,630,000
8 Beds 4 Baths 26653917 MLS Closed Status
Charming 4-unit Spanish-style income property offering timeless architectural character and exceptional investment potential. The property features an attractive unit mix with two 2-bedroom, 2-bathroom units and two 2-bedroom, 1-bathroom unit. One of the 2 bed 2 bath units includes an additional den, often used by tenants as a third bedroom, providing added flexibility and enhanced rental value.True to its Spanish design, the building showcases classic details such as stucco exterior, and graceful architectural accents. The units offer functional layouts filled with natural light, creating comfortable and desirable living spaces.Each unit comes with 2 parking spots and its own washer and dryer.As a four-unit residential property, this is an ideal opportunity for an owner-user to occupy one unit while generating income from the remaining unitspotentially covering most, if not all of the holding costs. Well maintained this property presents a rare blend of character, lifestyle, and long-term income, and an appreciation. As far as location, this property sits at the ultimate crossroads of Los Angeles, offering a rare "5-minute lifestyle" where the best of Koreatown, Silver Lake, Los Feliz, Larchmont Village, and Downtown LA are all within a 5 min drive. Whether you're looking for world-class dining in Koreatown, local farmer's markets in Silverlake, or a night out at iconic music and sports venues in Downtown LA, this central hub places the city's most vibrant cultural and culinary scenes right at your doorstep, making it highly desirable and attractive for tenants.

137 N Kenmore Avenue, Los Angeles

$1,620,000
4 Beds 5 Baths 25623813 MLS Closed Status
Discover a truly rare find an exceptionally generous home set on an unusually large lot in one of Koreatown's most desirable pockets. Homes offering this much space, privacy, and versatility at this price point are almost unheard of in the area. Perfectly positioned just minutes from top Korean markets, restaurants, cafes, and everyday conveniences, this location delivers the ideal blend of comfort and accessibility. Beyond the private, fully automatic gate, the well-designed two-story home features a 2-car garage and an extended driveway that can comfortably accommodate 5 to 6 additional vehicles, an invaluable advantage for busy households and frequent guests. The convenience and security of the automatic gate add another level of ease to everyday living. The expansive backyard is your own outdoor canvas, ready for weekend gatherings, BBQs, gardening, or simply relaxing in complete privacy. In Koreatown, where spacious homes and oversized lots are rare, this property stands out as one of the best values on the market. Don't miss your chance to secure exceptional space, enhanced privacy with an automatic gate, and a prime location at a price that's truly hard to beat.

450 S Serrano Avenue, Los Angeles

$1,600,000
5 Beds 4 Baths 26829205 MLS Closed Status
RARE TO FIND A HOME WITH A POOL AND ENTERTAINMENT SETTING IN 90004 AREA. NOW AVAILABLE ONLY, LIMITED-TIME. IN 2024, THIS INCREDIBLE HOME WAS PRICED AT $2,199,000, NOW IT'S PRICE TO SELL VERY QUICK, OUT-THE-DOOR. Heater Pool/Spa with WATER FEATURE. SOLAR PANELS WITH EV CHARGING STATION. Welcome to your very own slice of California history. Nestled within beautiful Craftsman homes. minutes from Larchmont Village, stands your newly renovated and meticulously restored classic Bungalow Craftsman home, east of Historic Hancock Park/Windsor Square. The first thing you'll notice is the stunning curb appeal. The extra large front porch, newly landscaped front yard, and gated driveway will draw you in and have you wanting more. Just through the massive mahogany front door is your spacious yet cozy living room, featuring original solid mahogany moldings and hardwood flooring throughout. The formal dining room and an oversized chandelier. Next up, say hello to your dream kitchen. This artfully designed and reimagined kitchen features brand-new custom cabinetry with in-set doors and matching Stainless appliances. With plenty of storage and countertop space, this is the ultimate chef's kitchen. Enjoy a morning coffee in the adjacent cozy breakfast nook featuring a private enclave of covered patio like no other, and plenty of natural light. Just around the corner is your designated laundry area that features a utility sink and storage for cleaning supplies. Through the hallway is a large secondary bedroom with two closets situated just next to the beautifully renovated guest bathroom. Opposite the secondary bedroom is the spacious and bright master bedroom featuring massive windows that overlook the backyard, a large mirrored closet, and a newly-renovated master bathroom with a double vanity and full-size shower. Upstairs is a massive loft space that could be used as a bonus room or den along with a newly-renovated 3/4 bathroom. Electrical and plumbing have been replaced to modern standards with a brand new AC and tankless water heater. Backyard, with its open landscape surrounded with beautiful drought friendly plants, is the perfect backdrop for anything from a serene afternoon with a book to a cocktail party around the fire pit. Close proximity to some of the best dining and nightlife that LA has to offer, this home has it all! Heated Pool/spa, water feature that you can't find it in this AREA. Don't miss out on this rare GEM!! Your family will appreciate you for many years to come!! Serious Buyers only. Seller motivated!!

119 S Hobart Boulevard, Los Angeles

$1,599,000
3 Beds 3 Baths 25596013 MLS Closed Status
Arguably, the best thing about Los Angeles is that you can live in a piece of history, and this 1914 Craftsman proves it. A home of grand proportions, it offers 2,352 square feet of quiet luxury right in the heart of Mid-Wilshire. This is exactly what your parents meant when they said, "they don't make them like this anymore." Perfectly sandwiched between Larchmont Village and Koreatown, this phenomenal home has been lovingly restored to its former glory. The current owners purchased it with dreams of living here long-term, and they poured their hearts into every inch of the renovation. Life, however, has other plans. Europe is calling, so now you get to enjoy the rewards of their vision and dedication. The restoration prioritized one thing: honoring the integrity of the Craftsman details. Original hardwood floors. A 1914 fold-out ironing board that doubles as a conversation piece. Gorgeous stained-glass windows that filter the light just right. A statement banister that greets you at the foot of the stairs, and a butler's pantry with a second fridge. While most of us don't have butlers, who wouldn't want that extra fridge? Of course, original character only gets you so far. Behind the charm, every system has been modernized for 2025 standards and beyond: PEX plumbing, dual-zone A/C, a new roof, tankless water heater, fresh insulation, and even an EV charger for your car. Comfort meets character at every turn. If you're a history buff or simply someone who wants a stellar home at a great price, you'll fall for this one the moment you walk in. A home with this much soul doesn't come around often.

225 S Ardmore Avenue, Los Angeles

$1,595,000
SR25102593 MLS Closed Status
We are proud to present a cash flowing 4 unit building north of the 10 freeway in Mid City / West Adams! Each unit is spacious and consists of 3 bedrooms and 2 baths. One 3 bedroom / 2 bath unit will be delivered VACANT and a buyer can immediately realize monthly rental income of $3,400 for that unit! Outstanding annual income of appx. $132,948, GRM of 11.9, and cap rate of 6.1% when vacant unit is rented! 3 of the 4 units have in-unit washer/dryers and there is also a community laundry room for tenants' convenience. Capital improvements include a new roof in 2017 and interior remodeling of 3 units (including the vacant unit) with new kitchens, bathrooms, and flooring. Separately metered for gas and electric and building includes 4 uncovered parking spaces in a back parking lot. Situated in a bustling and highly desired rental market, the building is centrally located minutes away from the LACMA, La Brea Tar Pits, Petersen Museum, and a short drive from Culver City, Beverly Hills, and Downtown LA.

2309 Hauser Boulevard, Los Angeles

$1,550,000
3 Beds 3 Baths 25627119 MLS Closed Status
Perched on a desirable tree-lined street in the heart of the Wilshire Center/Historic District, this impeccably remodeled 1916 Craftsman offers a rare blend of preserved history and contemporary sophistication. From the moment you step onto the expansive, deep-set front porch, perfect for enjoying your morning coffee or evening sunsets, you are welcomed by the home's unique appeal. This exceptional property has been completely renovated, achieving a turn-key standard of modern luxury. Boasting a comfortable 1,567 square feet of living space, the layout includes a luxurious master suite. The heart of the home has a fully fitted kitchen, which features a suite of brand new appliances. Situated on a generous 7,630 square foot lot, the property offers ample outdoor space, complemented by a convenient two-car garage. Enjoy the best of Los Angeles living with incredible dining and shopping just moments away in nearby Koreatown and Larchmont Village, featuring everything from local cafes to diverse international cuisine. Don't miss this opportunity to own a piece of prime real estate, where timeless character meets every modern comfort.

123 N Harvard Boulevard, Los Angeles

$1,500,000
8 Beds 8 Baths 25631725 MLS Closed Status
A unique opportunity to acquire a sizable multifamily asset in the core of Koreatown. Located at 4051 to 4065 West 4th Street, this property is one of the largest 8 unit buildings in the area, offering approximately 13,428 gross building square feet with each one bedroom one bathroom unit exceeding 1,000 square feet. Positioned prominently on the corner of 4th Street and Harvard Boulevard, the building features excellent corner lot curb appeal and strong visibility. The property offers individually metered units, 6 on site parking spaces, and ample street parking for residents and guests. The exterior has been exceptionally well-maintained and includes an upgraded roof, providing peace of mind for incoming ownership. While the exterior has been thoughtfully cared for, the interiors present a compelling value add opportunity combined with below market rents. Investors can capitalize on over 100% rental upside potential in one of Los Angeles' most in-demand rental submarkets, with an attractive current CAP of over 4.6%.

4051 - 4063 W 4th Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.