90015 Homes with Multi Family Subtype

90015 Homes with Multi Family Subtype

Welcome to the vibrant heart of Los Angeles, where the zip code 90015 invites you to explore a dynamic community brimming with culture, opportunity, and charm. Nestled within the bustling downtown area, this zip code is a hidden gem that offers a unique blend of urban living and suburban comfort.

The 90015 area is known for its eclectic mix of historic architecture and modern developments, making it a desirable location for families and investors alike. With a variety of homes featuring the multi-family subtype, this neighborhood presents a fantastic opportunity for those looking to invest in rental properties or create a multi-generational living environment. Whether you’re seeking a classic Victorian duplex or a contemporary apartment building, the options are plentiful.

Living in 90015 means enjoying the best of Los Angeles at your doorstep. Residents have easy access to a plethora of amenities, including trendy restaurants, vibrant nightlife, and cultural attractions like the Staples Center and the Los Angeles Convention Center. The area is well-connected by public transportation, making it easy to explore all that this iconic city has to offer.

Families will appreciate the nearby parks and schools, providing a nurturing environment for children to grow and thrive. The diverse community is known for its welcoming spirit, where neighbors become friends, and every corner holds a new adventure.

In 90015, you’re not just investing in real estate; you’re embracing a lifestyle filled with excitement, convenience, and endless possibilities. Discover your dream multi-family home in this remarkable Los Angeles neighborhood today!

Newest 90015 Homes with Multi Family Subtype

1035 W 17th, Los Angeles
$1,900,000
SB26214528 MLS ⋅ Active Status
Exceptional investment opportunity in the heart of Pico-Union, Los Angeles. This well-maintained 12-unit multifamily property at 1035 W 17th Street offers stable cash flow with significant upside potential. Built in 1964, the property sits on a 9,365 SF lot with 10,520 SF of rentable space, featuring a desirable unit mix of studios, one-bedroom, and two-bedroom apartments. Currently operating at 100% occupancy with all tenants on a month-to-month basis, providing maximum flexibility for future rent adjustments. The property has been owned by the same family since 1982 and has undergone key capital improvements including seismic retrofitting and plumbing upgrades — both permits in place. The current cap rate is 6.78% with a pro forma cap rate of 9.78%, reflecting substantial rental upside as current rents remain well below market rate. Self-managed with no management fee, keeping operating expenses lean. Conveniently located minutes from Downtown Los Angeles, the 110 Freeway, L.A. LIVE, and Crypto.com Arena. $2,000,000 Now $1,900,000 | 12 Units | Cap Rate: 6.78% | Pro Forma Cap: 9.78% | Price/Unit: $158,333

1035 W 17th, 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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