Los Angeles County Homes with Multi Family Subtype

Los Angeles County Homes with Multi Family Subtype

Los Angeles County, located in the state of California, is a vibrant and diverse region known for its stunning landscapes, bustling cities, and thriving real estate market. With a population of over 10 million people, it is the most populous county in the United States.

When it comes to real estate in Los Angeles County, there is a wide range of options available to homebuyers, including homes with the Multi Family subtype. These properties are particularly appealing for those looking for investment opportunities or for families who want to live in one unit and rent out the others.

Multi Family homes in Los Angeles County offer numerous advantages. They provide the potential for rental income, which can help offset mortgage costs or even generate a profit. Additionally, these properties often have multiple units, making them ideal for extended families or those seeking additional space for guests or home offices.

In terms of location, Los Angeles County offers a diverse array of neighborhoods and communities to suit various preferences and lifestyles. From the glamorous neighborhoods of Beverly Hills and Bel Air to the vibrant cultural hubs of Downtown Los Angeles and Hollywood, there is something for everyone.

Furthermore, Los Angeles County boasts a mild Mediterranean climate, with warm summers and mild winters, making it an attractive place to live year-round. The county is also home to numerous amenities, including world-class shopping, dining, entertainment, and outdoor recreational opportunities.

Whether you are looking to invest in real estate or find your dream home, Los Angeles County offers a wealth of options and an exciting lifestyle that is hard to beat.

Newest Los Angeles County Homes with Multi Family Subtype

523 N Lincoln, Monterey Park
$2,980,000
WS26229686 MLS ⋅ Active Status
Prime Monterey Park Investment Opportunity! Ideally situated in the heart of Monterey Park, just minutes from the Garfield Avenue and I-10 Freeway interchange, this exceptional income property offers a rare combination of location, scale, and value-add potential. The property features four separate buildings with five units, including two 3 bedroom, 2 bath and three 2 bedroom, 1 bath units, providing a versatile unit mix appealing to a broad range of tenants. Expansive 17,172 square foot lot with approximately 5,293 square feet of building area offers impressive scale and potential for long-term value appreciation. A total of 12 parking spaces and Four garages provides exceptional parking convenience. All five units are individually metered for gas and electricity, offering added convenience for utility management. Zoned R3, the property may offer future multi-unit development potential, subject to city regulations and approvals. Current rents are below market, presenting an estimated rental upside of over 30% and an excellent opportunity to increase income through strategic rent adjustments. The property underwent seismic retrofitting in 2011. With its expansive lot, versatile five-unit configuration, and significant rental upside, this is a compelling value-add investment with exceptional potential. Don’t miss this rare opportunity to unlock the full value of a high-potential income property in one of Monterey Park’s most desirable locations!

523 N Lincoln, Monterey Park

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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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