Los Angeles Homes with Multi Family Subtype

Los Angeles Homes with Multi Family Subtype

Welcome to Los Angeles, the vibrant heart of Southern California, where the sun shines nearly every day and opportunities abound! Known for its stunning beaches, iconic Hollywood landmarks, and diverse cultural scene, Los Angeles is a city that offers something for everyone. From the bustling streets of Downtown LA to the serene neighborhoods of the Westside, this sprawling metropolis is a tapestry of unique communities, each with its own charm and character.

For those seeking investment opportunities or multi-generational living arrangements, multi-family homes in Los Angeles present an ideal solution. These properties, designed to accommodate multiple families or tenants, are not only a smart investment but also a way to foster community living. Imagine owning a duplex in trendy Silver Lake, where you can enjoy the eclectic arts scene while generating rental income, or a spacious triplex in the family-friendly neighborhood of Eagle Rock, perfect for those looking to keep loved ones close while maintaining privacy.

With a variety of styles ranging from classic Craftsman bungalows to modern contemporary builds, multi-family homes in LA cater to a diverse range of preferences. The city’s dynamic housing market offers ample opportunities for buyers and investors alike, with properties that can provide both comfort and financial return.

Whether you're looking to dive into the real estate market or simply want to enjoy the Southern California lifestyle, Los Angeles is the perfect place to call home. Explore your options in multi-family living today, and discover the potential that awaits in this extraordinary city!

Newest Los Angeles Homes with Multi Family Subtype

1639 S Hobart, Los Angeles
$3,775,000
CV26204221 MLS ⋅ Active Status
Rare opportunity to acquire a substantial multifamily investment property in the highly desirable Mid-City/Harvard Heights area of Los Angeles. The property features 17 units on an approximately 10,018-square-foot lot, offering investors a sizable existing rental asset with meaningful value-add potential. The property includes 14 existing units plus 3 attached ADUs, providing an attractive opportunity to enhance the income-producing potential of the property. Five units have been fully remodeled with permitted improvements, including updated kitchens, modern cabinetry, flooring, lighting, bathrooms, and other interior and exterior enhancements. The property benefits from individually metered gas and electricity, gated parking, and a well-positioned two-story configuration. The approximately 9311-sq ft building sits within a commercially zoned area for both multi-family and retail. It offers investors multiple avenues to improve operations, rents, and overall property performance, subject to applicable approvals and regulations. This property maintains an approximate cap rate of 6.14% from Day 1, with upside to a pro Forma rate of 10.48%. Strategically located along Venice Boulevard with convenient access to Koreatown, Downtown Los Angeles, Culver City, major employment centers, public transportation, and regional freeways. This is a compelling opportunity for investors seeking an established multifamily asset in central Los Angeles, with existing improvements and upside potential.

1639 S Hobart, Los Angeles

1201 E 59th Place, Los Angeles
$3,575,000
DW26192059 MLS ⋅ Active Status
Newer modern 8 unit Townhome style building in the desired part of Los Angeles, bordered line with Huntington Park and only 7 miles from DTLA! Property is selling at approximately 6% CAP (real rent, real numbers). This complex is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). Investors get to enjoy a nice cash flow off this home with an actual stabilized asset bringing in $285,900 in gross annual rents. Property has total of 20 bedrooms and 16 baths. All buildings offer a 3 bedroom, 2 bath (4 units 3/2) and a 2 bedroom, 2 bath (4 units 2/2). This apartment complex has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. This complex was design for you as the new owner to guarantee long terms tenants. This one spacious 11,200 lot size accommodates parking for all tenants. Property offers 12 car garage and about 7 open parking spaces. This is a big incentive for the tenants. Near retailers include Mc Donalds, Chase, Starbucks, CVS Pharmacy, Citi Bank, North Gate Market, Wing Stop, Panda Express (all walking distance) and many more. This by far one of the best properties in the Florence-Graham district, check it out before is gone!

1201 E 59th Place, Los Angeles

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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.

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