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$2,100,000
SR26159013 MLS ⋅ Active Status
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$2,100,000
14 Beds ⋅ 5 Baths ⋅ SR26157423 MLS ⋅ Active Status
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$850,000
2 Beds ⋅ 1 Baths ⋅ IV26154737 MLS ⋅ Active Status
Motivated Seller!!! Exceptional Investment Opportunity in the Heart of Los Angeles! Located just 7 minutes from USC and 10 minutes from Downtown Los Angeles, this 2-bedroom, 1-bathroom home is a true blank canvas, ready for the right buyer to restore its original charm or transform it into an income-producing property. Whether you’re an investor searching for your next renovation project or a homeowner looking to build instant equity, this property offers incredible potential in one of Los Angeles’ most desirable and centrally located neighborhoods. With easy access to major freeways, shopping, dining, entertainment, and employment centers, the possibilities are endless. Buyer and Buyer’s Agent are advised to independently verify all information, including property details, permits, zoning, and square footage, and to conduct their own due diligence with the appropriate public agencies and records.

223 E 28th, Los Angeles

$499,900
2 Beds ⋅ 1 Baths ⋅ 26859229 MLS ⋅ Active Status
A rare opportunity to own a gated single-family home listed under $500,000 in Los Angeles. The property offers driveway parking and a private, low maintenance yard with the potential to create your own private oasis. The home reflects cosmetic improvements while leaving room for additional updates and personalization. Conveniently located with easy access to Downtown Los Angeles, major freeways, shopping, employment centers, and public transportation.Property is being sold AS IS. Seller will make no repairs, provide no credits, no home warranty, and no termite clearance. Bank owned and currently occupied. Buyer to verify all information, including permits, square footage, and any improvements, to their own satisfaction.

1554 E 24th Street, Los Angeles

$1,050,000
CV26151410 MLS ⋅ Active Status
Excellent Investment Opportunity – Fully Leased Fourplex in Los Angeles - New Exterior Paint - Roof 2 years new!!! Don't miss this exceptional opportunity to own a 100% occupied fourplex in a strong rental market. Ideally located just approximately 2 miles from USC and the Icon Plaza USC Student Apartments, this property offers excellent long-term investment potential. The property features long-term, stable tenants with consistent rental income, making it an attractive addition to any investment portfolio. Whether you're a seasoned investor or completing a 1031 exchange, this income-producing asset offers immediate cash flow and future upside. ***Please do not disturb the tenants *** Buyer to verify all information, including square footage, rents, permits, zoning, and property condition to their satisfaction.

3415 Mckinley, Los Angeles

$1,050,000
CV26151397 MLS ⋅ Active Status
Excellent Investment Opportunity – Fully Leased Fourplex in Los Angeles - New Exterior Paint - Roof 2 years new!!! Don't miss this exceptional opportunity to own a 100% occupied fourplex in a strong rental market. Ideally located just approximately 2 miles from USC and the Icon Plaza USC Student Apartments, this property offers excellent long-term investment potential. 8 parking spaces on site. The property features long-term, stable tenants with consistent rental income, making it an attractive addition to any investment portfolio. Whether you're a seasoned investor or completing a 1031 exchange, this income-producing asset offers immediate cash flow and future upside. ***Please do not disturb the tenants *** Buyer to verify all information, including square footage, rents, permits, zoning, and property condition to their satisfaction.

3415 Mckinley, Los Angeles

$865,000
6 Beds ⋅ 6 Baths ⋅ 26856489 MLS ⋅ Active Status
BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.56 GRM and 6.54% CAP Rate on current rents with rental upside potential to a 5.25 GRM and 14.54% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

634 E Adams Boulevard, Los Angeles

$725,000
8 Beds ⋅ 4 Baths ⋅ 26853081 MLS ⋅ Active Status
We are pleased to present 724 E 32nd Street, a four-unit multifamily investment opportunity located in the Historic South Central neighborhood of Los Angeles. The property consists of four spacious 2-bedroom, 1-bathroom units encompassing approximately 2,976 square feet on a 5,441 square foot LARD1.5-zoned lot. Built in 1964, the property offers a desirable unit mix with separately metered utilities and on-site rear parking. The expansive rear parking area provides potential for future ADU development, allowing investors the opportunity to further increase income and maximize the property's value (Buyer to verify all development potential with the appropriate governmental agencies). Currently operating with below-market rents, 724 E 32nd Street presents a compelling value-add opportunity for investors seeking substantial upside through rental repositioning over time. Based on market rental assumptions, the property offers significant potential to increase cash flow while benefiting from long-term appreciation in one of Los Angeles' steadily improving urban submarkets. With a strong four-unit layout, favorable location, development potential, and considerable income upside, 724 E 32nd Street represents an attractive investment opportunity for both seasoned and first-time multifamily investors.

724 E 32nd Street, Los Angeles

$1,249,999
PW26132369 MLS ⋅ Active Status
NEW PRICE – Exceptional Value for a Fully Permitted Los Angeles Triplex! Now offered at $1,249,999, this turnkey, fully permitted triplex presents a compelling opportunity for investors, owner-users, and multigenerational buyers seeking space, flexibility, and income potential in Los Angeles. Featuring a rare 9-bedroom unit mix, the property consists of a spacious 4-bedroom, 1-bath front house, a 3-bedroom, 1-bath rear upper unit, and a 2-bedroom, 1.5-bath rear lower unit. Extensively updated throughout, the property offers modern kitchens, updated bathrooms, newer flooring, fresh finishes, and well-maintained interiors. The generous bedroom count and functional unit configuration provide strong rental appeal while offering multiple possibilities for long-term ownership. Currently tenant-occupied and generating rental income, with the seller open to considering delivery vacant, giving buyers valuable flexibility. Live in one unit and rent the others to help offset the mortgage, create a multigenerational living arrangement, or operate the property as a dedicated income-producing investment. The gated property also offers ample on-site parking and is conveniently located near major freeways, employment centers, shopping, dining, and public transportation. At its newly improved price, this is an opportunity to acquire a permitted three-unit property with 9 total bedrooms and multiple income streams in the Los Angeles market. Buyer and buyer’s agent to independently verify all information, including but not limited to square footage, permits, zoning, unit count, rental income, vacancy/delivery status, and property condition. Information deemed reliable but not guaranteed.

1164 E 34th, Los Angeles

$1,825,000
PW26132375 MLS ⋅ Active Under Contract Status
1023 E. 28th Street is a seven-unit asset consisting of three buildings with (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA units. This asset presents a strong opportunity to acquire a high-yield, partially repositioned property with substantial remaining rental upside in one of the most rapidly evolving pockets of South Los Angeles. The property combines newly constructed, non-rent- controlled units with an existing value-add component, creating a compelling blend of stable in-place cash flow, operational efficiency, and future NOI growth potential. The front portion of the property includes two newly constructed buildings completed in 2026 and exempt from California rent control, offering investors long-term operational flexibility and unrestricted future rent growth potential. These buildings include a stand-alone 3BD/1BA unit with private front yard space and two 2BD/1BA units. The newly constructed buildings were intentionally designed for long-term operational efficiency and reduced maintenance costs, featuring solar panels servicing both buildings, separately metered utilities, individual water heaters, all-electric systems, and MiniSplit HVAC systems in every unit. The rear four-unit building, originally constructed in 1962, consists of (2) 2BD/1BA units and (2) 1BD/1BA units and offers the primary value-add opportunity at the property. Ownership has already demonstrated the achievable rental upside by fully renovating one of the 1BD/1BA units with updated finishes, MiniSplit HVAC, and in-unit washer/dryer, allowing the unit to achieve near-market rents. The remaining classic units provide a clear path for a new owner to continue the renovation program and substantially increase income. Additional upside opportunities include implementing parking income for the four existing parking spaces, which are currently included in rent, as well as converting an existing storage room into an onsite laundry facility to create supplemental ancillary income. Recent capital improvements to the 1962 building include a new roof and upgraded main and sub electrical panels, helping reduce near- term capital expenditure requirements. Offered at a 7.29% current cap rate on existing income, the property has the potential to achieve a projected 9.51% market cap rate through the completion of the proven renovation program and implementation of additional income streams.

1023 E 28th, Los Angeles

$750,000
5 Beds ⋅ 2 Baths ⋅ DW26126326 MLS ⋅ Active Under Contract Status
Welcome to 221 E. 25th Street, a rare opportunity to own a versatile property offering exceptional flexibility, income potential, and future possibilities in the heart of Los Angeles. Situated on an expansive 7,480-square-foot LARD2-zoned lot, this unique property offers over 2,100 square feet of living space and is currently configured with 5 bedrooms and 2 bathrooms, plus an additional rear room, making it ideal for multi-generational living, owner-occupants, investors, or buyers seeking value-add opportunities. The seller states the property also includes an attic conversion featuring 2 bedrooms, 1 bathroom, and a kitchenette, along with an additional rear living area, creating additional flexibility for extended family or potential income-producing uses. According to public records, the home is recorded as a 5-bedroom, 2-bathroom residence. All improvements were completed prior to the current seller's ownership. Buyers are advised to independently verify all permits, square footage, bedroom and bathroom count, zoning, and intended use of the property. The generous LARD2-zoned lot may provide opportunities for ADU development, expansion, or other income-producing improvements (subject to buyer investigation and approval by the City of Los Angeles). Whether you're looking to create a multi-generational living arrangement, explore rental income opportunities, or maximize the property's future potential, this home offers possibilities that are increasingly difficult to find in today's market. Originally built in 1893, the home offers timeless character and classic architectural charm while providing the versatility today's buyer's desire. Conveniently located just minutes from Downtown Los Angeles, USC, schools, parks, shopping, dining, and major transportation corridors, this property combines location, space, and long-term potential. Whether you're searching for your next home, an investment opportunity, or a property with room to grow, 221 E. 25th Street delivers a unique combination of size, flexibility, location, and future possibilities. The property is non-tenant occupied and will be delivered vacant at the close of escrow.

221 E 25th, Los Angeles

$650,000
4 Beds ⋅ 2 Baths ⋅ CV26125971 MLS ⋅ Active Status
****Subject to Cancellation of current escrow due to no falult of Seller**** . This property is currently configured as a 5-bedroom, 3-bathroom home, Situated in a centrally located Los Angeles neighborhood, the property provides convenient access to major freeways, schools, shopping, and employment hubs. 2 car detacehd garage can be converted to ADU This is a fixer-upper, ideal for buyers looking to add value through renovation and customization. The existing layout presents strong upside potential for both owner-users and investors seeking to maximize returns. Please note: Due to the property's condition and current configuration, buyers are advised to consult with their lender regarding financing options and any potential loan restrictions. A great opportunity to transform and capitalize on a property with solid fundamentals in a high-demand area. Property had solar panels but owner removed them and has stored them for new owner to install

3763 Wall, Los Angeles

$1,549,000
26844757 MLS ⋅ Active Status
964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

964 Jefferson Boulevard, Los Angeles

$1,549,000
26844651 MLS ⋅ Active Status
964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

964 E Jefferson Boulevard, Los Angeles

$699,000
4 Beds ⋅ 4 Baths ⋅ 26840735 MLS ⋅ Active Under Contract Status
Great investment opportunity in the heart of Los Angeles! Welcome to 746 E 32nd St, a turnkey quadruplex in great shape offering incredible, immediate income potential. Positioned on a 5,388 sqft lot, this 4-unit property features 3,216 sqft of living space ($237/sqft) with a major capital improvement already completed: a brand-new roof that is only two years old.Designed for maximum tenant convenience, each unit comes complete with its own dedicated parking spot. While the property is well-maintained and in great condition, there is immense potential to update and optimize the current rental income to capture true market upside. Perfect for seasoned portfolio builders or owner-occupiers looking to house-hack in a high-demand rental market. Conveniently located near major transit, downtown LA, and local amenities.

746 E 32nd Street, Los Angeles

$4,920,000
SB26084832 MLS ⋅ Active Status
We are pleased to present 1009 E 29th St, a newly constructed 19-unit multifamily asset located in a central Los Angeles submarket with convenient access to Downtown Los Angeles and surrounding employment centers. ***The property is nearing Certificate of Occupancy and will be delivered 100% vacant, providing investors with full operational control and the ability to implement a customized lease-up strategy from inception. >>The asset offers a more manageable scale relative to larger developments, allowing for a more efficient lease-up and reduced execution risk. The building is fully ADA compliant, supporting a wide range of operational strategies, including workforce, voucher-based, or supportive housing.*** As new construction, the property requires no immediate capital expenditure, offering a stabilized physical plant and allowing ownership to focus on leasing and operations. The vacant delivery further enhances flexibility, eliminating tenant-related constraints and enabling immediate occupancy. << The location provides access to major transportation corridors, public transit, and a broad base of employment drivers throughout the Downtown Los Angeles area, supporting long-term rental demand. 1009 E 29th St presents an opportunity to acquire a newly delivered multifamily asset with operational flexibility, reduced near-term capital needs, and a clear path to stabilization.

1009 E 29th Street, Los Angeles

$899,999
DW26077045 MLS ⋅ Active Status
Opportunity like this doesn’t come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you're looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.

1438 E 20th Street, Los Angeles

$2,800,000
18 Beds ⋅ 20 Baths ⋅ 26669741 MLS ⋅ Active Under Contract Status
Despite being constructed in 1970, the property is priced at only $178 per square foot and $140,000 per unit, which are attractive values, even when compared to far older properties that have sold in the immediate area. A new owner can capitalize on the upgraded electrical system, which could potentially reduce both energy and insurance costs. The property occupies a double lot and includes a large parking area capable of holding 22 vehicles. This rare amenity, coupled with the building's convenient access to nearby shopping and dining destinations (Walk Score of 89), helps to attract higher-paying tenants to the property. A new owner can take advantage of these factors as they add value by recapturing the approximately 54% rent upside that the asset offers. Situated near LA Live, the Crypto.com Arena, the Los Angeles Coliseum, and the Los Angeles Convention Center, the property is adjacent to several 2028 Summer Olympics venues. Therefore, it stands to potentially benefit from upcoming infrastructure improvements and an influx of capital to the immediate area, all to the benefit of a new owner.

2335 Wall Street, Los Angeles

$1,050,000
DW26052764 MLS ⋅ Active Status
Exceptional investment opportunity in the heart of Los Angeles. This versatile four-unit income property offers a rare combination of immediate rental income and modern new construction, making it an ideal opportunity for both investors and owner-occupants. Situated on a generous lot in a strong rental market, the property provides a unique opportunity to generate steady income while benefiting from long-term appreciation. The property consists of four units total, including three tenant-occupied units and one newly constructed unit that is vacant and ready to occupy. The brand-new unit, built in 2025, features 3 bedrooms and 2 full bathrooms and offers a modern layout that is perfect for comfortable living. This vacancy creates an excellent opportunity for an owner-occupant to live in the new construction while collecting rental income from the remaining units, or for an investor to lease the unit at market rent and maximize cash flow. The remaining units include two 1-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, all currently occupied. This well-balanced unit mix attracts a variety of tenants and provides consistent rental demand. With three units already producing income and one brand-new unit ready for occupancy or lease, the property offers both stability and upside potential. The property presents an excellent opportunity for investors looking to expand their portfolio with a multi-unit asset that has strong income potential and future growth. The presence of a new construction unit adds significant value and appeal, while the existing tenant-occupied units provide immediate revenue from day one. Conveniently located just minutes from the University of Southern California (USC), USC Village, Exposition Park, and Downtown Los Angeles, the property is ideally positioned in a highly desirable rental corridor. Its close proximity to major freeways and public transportation enhances accessibility, making it especially attractive to students, professionals, and long-term tenants alike. Whether you are looking for a solid investment property, a multi-unit asset with upside potential, or the opportunity to live in a brand-new unit while generating rental income from the others, this 4-unit property offers flexibility, value, and long-term opportunity. Don’t miss this exceptional opportunity.

3631 Trinity Street, Los Angeles

$3,000,000
SR26039501 MLS ⋅ Active Status
Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements. • Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive rent of $5.28 per square foot, justifying the property's valuation through proven rental demand for smaller, affordable living spaces. • Immediate Financial Performance and High Returns: At an asking price of $3,000,000, the property offers a current CAP rate of 8.54% on the buyer's reassessed tax basis, with substantial mark-to-market upside as legacy leases are brought to the property's own recently-achieved renovated rents. • Substantial Built-In Revenue Upside: Financial projections show that monthly income can grow from the current $34,290 to a market rate of $38,337, representing an approximately 12% revenue increase as legacy leases are marked to market. • Strategic Location in Historic South Central Hub: Located at 440 E 27th Street, the property is nestled in a thriving rental hub near the University of Southern California (USC) and major transit routes like the Expo Line. The neighborhood is experiencing active revitalization and sits within a demographic area projected to have an average household income of $81,857 within a 3-mile radius by 2026.

440 E 27th, Los Angeles

$3,600,000
13 Beds ⋅ 26 Baths ⋅ 26653873 MLS ⋅ Active Status
RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.

2108 Maple Avenue, 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.