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1530 N Formosa Avenue, Los Angeles
$2,999,999
13 Beds ⋅ 13 Baths ⋅ 26662069 MLS ⋅ Active Status
Beautifully positioned North of Sunset Boulevard at the crossroads of West Hollywood, Hollywood and the Sunset Strip, 1530 N. Formosa Avenue presents an exceptional opportunity to acquire a stabilized 10-unit multifamily asset in one of Los Angeles' most sought-after rental markets. Offered at $2,999,000, or just $299,900 per unit, the property is 100% occupied and generates $179,492 of in-place NOI, representing an attractive 5.98% in-place cap rate. The property sits within a highly walkable lifestyle district surrounded by some of Los Angeles' most recognizable restaurants, entertainment venues, nightlife and cultural destinations. Residents are within walking distance of Bossa Nova, El Compadre, Aroma Coffee & Tea and the renowned dining and entertainment offerings along Sunset Boulevard, while remaining minutes from Melrose Avenue, Beverly Hills, Runyon Canyon, the Hollywood Bowl and major employment centers serving the entertainment, media, technology and creative industries. 1530 N. Formosa is exceptionally well positioned to benefit from the continued investment and transformation occurring throughout West Hollywood and the Sunset Strip. The area continues to attract new residential, retail, restaurant, hospitality and mixed-use development, further strengthening the surrounding live-work-play environment. The proposed 9034 Sunset Boulevard project represents one of the major developments planned along the Sunset corridor and calls for approximately 198 residential apartments, including 35 affordable units, along with approximately 9,250 SF of office space, 1,800 SF of restaurant space and 2,840 SF of retail. The project would add a significant new residential and commercial component to the Sunset Boulevard corridor. Additional investment is occurring throughout the broader West Hollywood area, including projects introducing new retail, food-and-beverage, wellness, gallery and pedestrian-oriented uses. This continued development is helping expand the area's amenity base and reinforce Sunset Boulevard and surrounding neighborhoods as premier destinations for residents, visitors and businesses.The nearby Beverly Hills corridor is also experiencing substantial residential and mixed-use investment, further strengthening the broader Westside/Hollywood submarket. New development along Wilshire Boulevard, Santa Monica Boulevard and Beverly Drive is adding housing, retail, dining and hospitality offerings while improving connectivity throughout the area. The property features an attractive mix of spacious one- and two-bedroom residences, with all units thoughtfully remodeled with contemporary finishes that appeal to today's renters. All units feature private patios and/or balconies, providing a highly desirable amenity in the Los Angeles rental market. Ownership has completed significant capital improvements, substantially reducing near-term capital requirements for a new owner. Improvements include a new roof, completed Soft Story Seismic Retrofit, horizontal repiping and updated electrical systems, positioning the property as a well-maintained asset with major infrastructure work already addressed. With 100% occupancy and $179,492 of in-place NOI, the property provides a strong current income base while offering additional upside through continued interior renovations, rental-rate optimization and operational improvements.

1530 N Formosa Avenue, Los Angeles
5736 Camerford Avenue, Los Angeles
$1,319,000
4 Beds ⋅ 4 Baths ⋅ 26659041 MLS ⋅ Active Status
First time on the market in 64 years. Prime location. One-half block from Paramount Studios and within one-half mile north of Larchmont Village which is popular for its shopping and dining facilities. The neighborhood has experienced regentrification with the construction of new projects. R3 zone allows the construction of up to 8 units. Site is designated TOC-Tier 2. Buyer to verify zoning allowance and all permits on record. Property is being sold as-is. Large one-bedroom units. Exterior stairwell on back portion of building was replaced with iron railings and steps. Roof approximately 4 years old. Owner reserves the right to conduct a 1031 exchange. Listing agent related to seller.

5736 Camerford Avenue, Los Angeles
1807 N Van Ness Avenue, Los Angeles
$1,495,000
6 Beds ⋅ 4 Baths ⋅ 26647571 MLS ⋅ Active Status
1807 N Van Ness Ave is a compelling investor opportunity situated on a flat 8,252 sq ft LARD1.5-zoned lot with multiple value-add and redevelopment pathways. Set behind mature landscaping, this Craftsman-style property offers 2,910 sq ft of existing improvements featuring 7 bedrooms and 4 bathrooms, providing substantial in-place square footage to renovate, reconfigure, or reposition. The expansive lot includes a garage and separate rec room, presenting additional income potential, flexible-use space, or future conversion possibilities (buyer to verify). Property is tenant occupied and will be delivered vacant, allowing immediate execution of investment strategy. There are proposed plans for a well-configured multifamily asset featuring four buildings totaling 12,281 SF, comprising two duplexes, one single-family residence, and two detached ADUs for a combined seven residential units. The proposed project offers a strong unit mix of 19 bedrooms and 17 bathrooms, including four spacious 3- bed/3-bath units, one 3-bed/2.5-bath SFR, and two 2-bed/1-bath ADUs. The thoughtful layout and modern unit sizes position the asset for consistent cash flow and long-term value appreciation.

1807 N Van Ness Avenue, Los Angeles
7401 Fountain Avenue, Los Angeles
$2,149,000
8 Beds ⋅ 5 Baths ⋅ 26642937 MLS ⋅ Active Status
***ONE UNIT RECENTLY DELIVERED VACANT AFTER APPROXIMATELY 20 YEARS OF TENANCY, PROVIDING INVESTORS WITH A RARE OPPORTUNITY TO IMMEDIATELY RENOVATE AND REPOSITION THE UNIT WITHOUT TENANT RELOCATION CONCERNS.*** Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a "Walker's Paradise." Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking challenges.Each spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7,536 square feet, offering both charm and a substantial canvas for modern enhancements.

7401 Fountain Avenue, Los Angeles
813 N Orange Drive, Los Angeles
$1,595,000
4 Beds ⋅ 3 Baths ⋅ 22216533 MLS ⋅ Active Under Contract Status
This single family Hollywood home presents a modern exterior of clean lines, gray stucco and black trim. With one shared wall, this home offers four bedrooms, two and a half baths, a tandem garage and driveway with two spaces. A covered front porch with Ring doorbell welcomes you into the light and bright foyer, where you will find a powder bath with pedestal sink. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white flat panel cabinets with soft close doors and drawers, and beautiful white quartz countertops. Prepare gourmet meals in the chef inspired kitchen, which includes a walk in pantry, island with bar seating and pendant lighting, and vertical subway tile backsplash. It boasts stainless steel Bertazzoni appliances, including a French door refrigerator, gas range with griddle, and dishwasher in addition to a Frigidaire microwave. Entertain in the dining area, which has a stylish decorative light fixture, or cozy up by the gas fireplace of the great room, which features a marble surround with mantel. Sliding doors beckon you out into the back yard with patio, perfect for casual outdoor dining. Just inside from the tandem garage, which is wired for an electric vehicle charging station, you'll find a convenient drop zone with bench seat for handbags, backpacks and mail. Make your way upstairs to find three secondary bedrooms plus a bath with dual sink vanity and tub shower. Linen cabinetry and shelving at the hallway are complemented by a laundry closet for side by side washer dryer. Unwind in the grand suite, which boasts an en suite bath with dual sink vanity, walk in shower with seat, and walk in closet.

813 N Orange Drive, 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.