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1038 W 57th Street, Los Angeles
$1,585,000
8 Beds ⋅ 8 Baths ⋅ 26660031 MLS ⋅ Closed Status
1038 W. 57th Street, Los Angeles, CA 90037 presents a rare combination of stability, yield, and simplicity in a core infill Los Angeles location. This eight-unit multifamily property is comprised of eight (8) spacious 1-bedroom / 1-bathroomresidences and totals approximately 5,320 square feet of gross rentable area on a 9,115 square foot lot. The building is currently 100% occupied and operating with strong, consistent cash flow, anchored by Section 8 tenancy that supports dependable collections and reduced volatility relative to typical market-rate assets. Offered as a true stabilized hold, the property delivers immediate, in-place income with minimal operational disruption ideal for investors prioritizing durable cash flow from day one. The combination of full occupancy, proven rent performance, and Section 8 support creates a defensive income profile with inherently lower vacancy and credit risk. At a 9.35 GRM and a 7.43% cap rate, 1038 W. 57thStreet offers compelling going-in returns for an LA multifamily asset, positioning it as a strong alternative to lower-yield stabilized product while maintaining an attractive risk-adjusted profile. With a straightforward unit mix (all 1BR/1BA), efficient scale, and consistent performance, this asset is well-suited for both private investors and small-to-mid-sized operators seeking a low-friction acquisition with reliable income, long-term demand fundamentals, and meaningful yield in a supply-constrained rental market.

1038 W 57th Street, Los Angeles

856 W 47th Street, Los Angeles
$1,300,000
12 Beds ⋅ 8 Baths ⋅ 26638301 MLS ⋅ Closed Status
856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 totaling 4,510 SF on a 7,778 SF LARD2 lot. The property features a desirable (4) 3-bed / 2-bath unit mix averaging approximately 1,106 SF and includes 4 on-site parking spaces. One unit is delivered vacant at close available to lease immediately at full market rent of $3,668 with no RFPA, no inherited lease. Two units are non-rent controlled ADUs, offering full rent reset flexibility at each vacancy. Offered at $1,375,000 ($343,750/unit | $304.88/SF) with an 8.29% in-place cap rate and 9.13 GRM, the property delivers strong current yield with meaningful additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.

856 W 47th Street, Los Angeles

1150 W 48th Street, Los Angeles
$1,100,000
5 Beds ⋅ 4 Baths ⋅ 26849207 MLS ⋅ Closed Status
If you've been waiting for a move-in ready, beautifully updated home with a separate 420 sq. ft. permitted ADU with separate entrance and address (1152 W. 48th) , this is it. Located in the heart of Vermont Square, this large 4-bedroom, 3-bath Craftsman (2,362 sq. ft.) has been thoughtfully renovated and welcomes you with a massive front porch complete with porch swing and rocking chairs. Inside, you'll find a spacious open living and family room that flows into a large formal dining area, creating an ideal layout for both everyday living and entertaining. The updated kitchen offers abundant cabinetry, great functionality with excellent storage, and a built-in custom pantry closet, while the California basement provides additional storage space. The flexible floor plan includes one bedroom and one full bath downstairs, with three additional bedrooms and two baths upstairs. The spacious primary suite includes a private bath plus an adjoining bonus area that works beautifully as an office, dressing room, nursery, craft room, or extra closet space. The other two upstairs bedrooms share a front balcony, perfect for sipping your morning coffee or enjoying the sunset in the evening. The entire house has been outfitted with custom Norman honeycomb cord-free light-filtering shades, with blackout versions in all of the bedrooms. In addition, every bedroom has a built-in custom closet system. The backyard feels like a hidden retreat, complete with lush mature landscaping, striking custom murals (from legendary local artists Cache and Alfonso Garcia, and internationally-renowned artist fnnch), a push-button gas fire pit, and an outdoor movie screen for unforgettable backyard movie nights. The detached ADU (built in 2021), delivered empty but previously rented for $1750/month, offers 420 square feet of charm and versatility. This thoughtfully designed 1-bedroom, 1-bath includes a full kitchen, its own washer/dryer and mini-split, built-in custom closet system, ample storage, and its own mini front porch and back patio spaces, making it ideal for guests, rental income (with separate gas and electric meters), or a private workspace. Plus it's own backyard. In the main house, major system updates include earthquake retrofit, newer plumbing lines, newer water heater (replaced in August 2021), 200-amp electrical panel, and a new heater for the second floor. Set across from the quaint Vermont Square Branch Library (one of 3 remaining original Carnegie libraries, opened in 1913), this home is in one of South LA's hidden gems, known for its tree-lined streets, strong sense of community, and unbeatable convenience. Walkable (1-1.5 miles) to USC, the LA Memorial Coliseum, BMO Stadium, Expo Park, and surrounding museums (including the Lucas Museum of Narrative Art, opening this fall), and a short drive from downtown and Crypto.com Arena as well as the Forum, SoFi Stadium, and Intuit Dome. You're also moments from the Expo Line for easy Metro access to Downtown LA and Santa Monica, close to neighborhood favorites like Somerville, Hilltop Coffee, South LA Cafe, and Jon & Vinny's. Jefferson Park, Leimert Park, weekend farmers markets, and community events at Vermont Square Park complete the neighborhood's special appeal.

1150 W 48th Street, Los Angeles

1215 W 39th Place, Los Angeles
$1,090,000
4 Beds ⋅ 2 Baths ⋅ 25581935 MLS ⋅ Closed Status
Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.

1215 W 39th Place, Los Angeles

961 W 47th Street, Los Angeles
$1,085,000
SR26012599 MLS ⋅ Closed Status
Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes one income-producing unit and three vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. ($2,500 -$3,500/month rent potential, that's $30K -$40K/ year upside Property delivered with 3 vacant + 1 occupied (as-is) + . Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Some pictures have been virtually staged to create a vision for buyers. The property is priced based on its current income and occupancy. "Price reflects current income and development upside. Vacancy beyond existing units is not included."

961 W 47th Street, Los Angeles

227 W 41st Street, Los Angeles
$1,060,000
5 Beds ⋅ 5 Baths ⋅ 26838457 MLS ⋅ Closed Status
* * TWO HOMES IN ONE LOT * * Welcome to this beautifully fully remodeled 3 Beds 3 Baths single-family home plus a brand new 851 SQ FT 2 Bed 2 Bath ADU. End users or investors alike. Great parking. Legal separate addresses. 10 years builder's warranty on the new construction. The main residence features an open-concept floor plan filled with natural light, showcasing a brand-new kitchen with sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious breakfast are perfect for entertaining. The living and dining areas flow seamlessly, creating a warm and inviting atmosphere ideal for both everyday living and hosting guests with a decorative fireplace. The home offers generously sized bedrooms and elegantly renovated bathrooms with contemporary fixtures, custom tile work, and designer touches throughout. Upgrades include new flooring, updated electrical and plumbing systems, energy-efficient windows, and a new HVAC system, ensuring comfort and peace of mind for years to come. In addition to the main house, the property includes a newly constructed, fully permitted Accessory Dwelling Unit (ADU). This detached unit features its own private entrance, full kitchen, modern bathroom, and comfortable living space perfect for extended family, guests, or potential rental income. The exterior boasts fresh landscaping, ample parking, and a private backyard ideal for outdoor relaxation or entertaining. This turnkey property offers a rare opportunity to enjoy a stylish, move-in-ready home with the added versatility and value of a brand-new ADU. Please call for showings and offers deadline.

227 W 41st Street, Los Angeles

1320 W 51st Place, Los Angeles
$1,055,000
5 Beds ⋅ 4 Baths ⋅ 26640955 MLS ⋅ Closed Status
Completely reimagined 1910s super spacious HOME PLUS A BRAND NEW 2 Beds 2 Baths 760 sq ft ADU in rear. Two homes in one lot. Endless possibilities. Two legal addresses and separately metered. Welcome to 1320 W 51st St where original charm meets modern living. Completely VACANT this remodeled yet rich with character is a very spacious 3- bedroom 2-bathroom home that surprises at every turn with light-filled rooms and a generous bonus area perfect for family life, entertaining, or creating your dream flex space. Tucked behind the main residence is a brand-new 2-bedroom 2- bathroom, 760 sq ft ADU, a rare find that opens the door to income potential, multigenerational living, or the ultimate private guest retreat. From the moment you arrive, this property invites you to imagine endless memories. Come see it for yourself, don't take my word for it. Homes like this don't come along often and this one must be seen to be believed. Easy to show.

1320 W 51st Place, Los Angeles

1320 W 51st Place, Los Angeles
$1,055,000
5 Beds ⋅ 4 Baths ⋅ 25630053 MLS ⋅ Closed Status
Completely reimagined 1910s super spacious home PLUS a BRAND NEW 2 Beds 2 Baths 760 sq ft ADU in rear. Two homes in one lot. Endless possibilities. Two legal addresses and separately metered. Welcome to 1320 W 51st St where original charm meets modern living. Completely remodeled yet rich with character, this very spacious 3- bedroom 2-bathroom home surprises at every turn with light-filled rooms and a generous bonus area perfect for family life, entertaining, or creating your dream flex space. Tucked behind the main residence is a brand-new 2-bedroom 2- bathroom, 760 sq ft ADU, a rare find that opens the door to income potential, multigenerational living, or the ultimate private guest retreat. From the moment you arrive, this property invites you to imagine endless memories. Come see it for yourself, don't take my word for it. Homes like this don't come along often and this one must be seen to be believed. Easy to show.

1320 W 51st Place, Los Angeles

1079 Leighton, Los Angeles
$980,000
DW25230355 MLS ⋅ Closed Status
Perfect Investment Opportunity! This diamond in the rough is ready for its new owner to unlock its full potential. Located just a short walk from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and the upcoming Lucas Museum of Narrative Art—with Downtown LA only minutes away—this property offers unmatched convenience and value. The property features four units, making it an ideal opportunity for student housing, short-term rentals (Airbnb), or long-term investment. The detached garages may offer potential for ADU conversion or additional unit development (Buyer to verify with the city). Whether you're looking to add to your portfolio or live in one unit and rent out the others, this is a rare chance to invest in a rapidly growing area. Don’t miss out—submit your offer today!

1079 Leighton, Los Angeles

1345 W 51st Place, Los Angeles
$950,000
8 Beds ⋅ 4 Baths ⋅ SB26065658 MLS ⋅ Closed Status
Welcome to this HUGE, AIRY, light-filled 8-bedroom 4-bathroom fully-renovated 2475 square foot property! Great for multi-generational family living, OR rent one/both units for awesome rental income. NEW BRIGHT WHITE INTERIOR PAINT throughout, dual-pane windows, HUGE gated front and back driveways providing good side-by-side parking, this highly-functional property has it ALL! The front house is a 3-bedroom 2-bath, with an open kitchen and quartz counters, stainless steel appliances and bar seating as well. The connected rear apartment is a two-story, 5-bedroom 2-bath with a quaint kitchen. The low maintenance yard areas, with new artificial grass, are SQUEAKY CLEAN! The fully gated property provides enhanced privacy and security with a small storage unit in the rear parking area too! Loaded with character, this property blends modern craftsmanship with charming semi-historical details, replete with a small herb garden, lemon, lime, guava, cherimoya, moringa, calamansi and banana trees...truly an urban orchard! Minutes away to shopping, mass transportation including two Metro lines, the LA Coliseum, University of Southern California, Exhibition Park Stadium, museums, downtown Los Angeles, beautiful beaches and the Los Angeles International Airport. Hurry today and schedule your private showing immediately! We've received many offers, and with the holiday weekend, the sellers are deciding Monday 04-06-2026 at 12 pm. HURRY, HOT PROPERTY!!!!

1345 W 51st Place, Los Angeles

4012 S Budlong Avenue, Los Angeles
$948,000
5 Beds ⋅ 3 Baths ⋅ RS26032398 MLS ⋅ Closed Status
• DO NOT MISS this property!! Reduced down by $252,000.00 from the original price as the seller wants a quick sale. Welcome this stunning Craftsman-style home located in the heart of a rapidly growing Los Angeles neighborhood—beautifully blending timeless character with modern upgrades.. Seller will also provide the buyer a canopy in the backyard. Seller spent more than $100,000 to upgrade the Main house and guest house. Main House: Zoning is LAR2. This main house is upgraded and features 4 bedrooms, 2 bathrooms, and a BONUS room that would be perfect as an office for studying or a playroom for your kids. The main house has 1,920 sq. ft. of living space and when you step inside you get a open kitchen that boasts a large island, new white Corian countertops, a custom tile accent wall, and stainless-steel appliances including a microwave, stove, refrigerator, washer, and dryer. The open kitchen leads to the living room which includes a statement fireplace for you and your family to enjoy meals or relax. Guest House (450 Sq. Ft.)/4012 1/2 S. Budlong Ave. LA. has 1 bedroom, 1 bathroom, and a full kitchen, fully upgraded inside with new appliances included. Existing permit for 450 sq. ft. ADU. Buyer may be able to expand up to 1,200 sq. ft. with new permits. Buyer to verify., providing excellent value and future income potential. Upgrades Include: New hardwood floors throughout, Fresh interior and exterior paint, new copper plumbing,7years roof, Sprinkler system Washer & dryer hookups, 4 car parking spaces or RV parking. The backyard offers a covered patio—perfect for summer BBQs and family gatherings. Ideally located just seconds from public transportation, Metro, USC, the new Trader Joe’s & Target complex, Downtown LA, and more. Zoned R2 for added development potential.

4012 S Budlong Avenue, Los Angeles

342 W 56th Unit 3, Los Angeles
$945,000
CV25280946 MLS ⋅ Closed Status ⋅ 8 Bedroooms BLDG.
Welcome to a prime Los Angeles investment and owner-occupant opportunity. This well-maintained duplex is ideally located near some of the city’s most iconic landmarks, including the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With convenient access to major freeways and public transportation, this location offers exceptional connectivity throughout Los Angeles. The property features a flexible and functional layout with spacious living areas, offering versatility for a variety of living or investment strategies. The Duplex residence includes 8 bedrooms and 4 bathrooms. Additional highlights include dedicated side parking, along with ample street parking. Whether you are looking for a long-term income property or a live-in opportunity with supplemental income, this property presents strong potential in a high-demand rental area. With its desirable location, accessibility, and adaptable layout, this is a rare opportunity to own a well-positioned Los Angeles property with multiple possibilities.

342 W 56th Unit 3, Los Angeles

342 W 56th, Los Angeles
$945,000
8 Beds ⋅ 4 Baths ⋅ CV25264999 MLS ⋅ Closed Status
Welcome to an exceptional investment opportunity in the heart of Los Angeles! This well-maintained duplex is ideally situated just minutes from some of the city’s most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With close proximity to major highways and public transportation, convenience is truly at your doorstep. Duplex offers 8 bedrooms, 4 bathrooms, and generous living space Whether you're seeking a reliable income property or a place to call home, this duplex delivers a rare blend of comfortable living and strong investment potential. Additional highlights include a dedicated parking space along the side of the house, plus ample street parking for guests. With its prime location, accessibility, and flexible layout, this property offers the best of both worlds for investors and owner-occupants alike. Don’t miss this remarkable opportunity to own a piece of Los Angeles real estate!

342 W 56th, Los Angeles

4312 Walton Avenue, Los Angeles
$885,000
6 Beds ⋅ 4 Baths ⋅ 26663515 MLS ⋅ Closed Status
This exceptional duplex presents a rare opportunity to own a property that blends character, flexibility, and long-term investment potential. Framed by a charming garden arbor at the entry, the welcoming front residence immediately sets the tone with warmth and curb appeal, while a long driveway leads to a detached two-car garage, creating both convenience and added functionality for owners or tenants.The property features two separate homes on one lot, offering versatility for living, renting, or multigenerational use. The front residence offers four bedrooms and two baths, providing generous living space along with a large attic area with soaring heighta unique feature that sparks possibilities for creative reimagining. Previously used as two additional rooms, the space could potentially be transformed into a loft-style retreat, studio, or bonus area (buyer to verify feasibility). Tucked privately toward the rear of the lot is a two-bedroom, one-bath home, currently rented at an attractive rate.Adding to this nicely maintained property's charm is a mature avocado tree that produces an impressive harvest each year, bringing a touch of Southern California lifestyle right into your backyard: perfect for enjoying fresh, homegrown fruit and a garden-to-table experience.Situated on an LAR2-zoned lot, the property also offers compelling value-add potential for future expansion, development, or creative redevelopment opportunities (buyer to verify with the city). Location is another standout feature. Just minutes from major destinations including University of Southern California, Exposition Park, California Science Center, and the iconic Los Angeles Memorial Coliseum, the property is positioned in the path of continued growth and excitement as Los Angeles prepares for upcoming global sporting events. This is more than simply owning property, it's an opportunity to secure a versatile income-producing asset with lifestyle charm, expansion potential, and a prime Los Angeles location ready for its next chapter. Rear unit is rented at $2700, front unit is vacant

4312 Walton Avenue, Los Angeles

1166 W 39th Place, Los Angeles
$880,000
7 Beds ⋅ 3 Baths ⋅ 26640647 MLS ⋅ Closed Status
Located just minutes from USC, this property presents a rare opportunity for both investors and owner-users. Nestled in the heart of a rapidly appreciating neighborhood, it offers unbeatable proximity to USC, the Natural History Museum, the highly anticipated Lucas Museum, BMO Stadium, and the LA Memorial Coliseum, along with convenient access to nearby train and bus lines. The property features two detached buildings, separately metered for gas and electricity, including a spacious 6-bedroom, 2-bath front home and a 1-bedroom, 1-bath rear unit, with additional space at the rear providing further upside potential. Situated on a coveted LARD1.5-zoned lot, this property is ideal for investors or owner-users seeking a value-add opportunity through redevelopment or the addition of an extra unit. Property has some deferred maintenance and will need some tlc.

1166 W 39th Place, Los Angeles

458 W Vernon, Los Angeles
$805,000
AR26037826 MLS ⋅ Closed Status
Major Price Reduction! Updated quadruplex with previously approved ADU expansion plans in the high-growth USC / Exposition Park corridor. Positioned on a prominent signalized corner at Vernon and Figueroa with immediate access to the 110 Freeway, this LAC2-zoned asset offers a rare combination of current income, operational upgrades, and long-term redevelopment potential. The property has undergone significant improvements, including reglazed tubs and showers, upgraded plumbing components, gas line repairs and seismic valve work, refreshed interiors, and multiple system upgrades completed during recent unit turns, resulting in strong long term potential and reduced deferred maintenance. The property is fully occupied with two tenants, delivering immediate cash flow with upside through rental growth and ADU expansion. Previously approved plans allow for two additional 3-bedroom, 2-bath ADUs, creating a clear path to increased density and improved long-term returns. With C2 zoning flexibility, investors may also explore alternative redevelopment strategies consistent with the evolving South Figueroa corridor. Located minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown Los Angeles, the property benefits from strong transit connectivity, walkability, and continued neighborhood revitalization. Separate electric and gas meters support efficient operations, while the corner lot exposure enhances long-term land value. Ideal for investors seeking a great income property today with defined upside through expansion, repositioning, or redevelopment in one of Los Angeles’ most active growth corridors.

458 W Vernon, Los Angeles

201 W 49th, Los Angeles
$790,000
3 Beds ⋅ 1 Baths ⋅ TR26116937 MLS ⋅ Closed Status
Great Value on an Oversized 8,115 Sq. Ft. LAR2-Zoned Lot! Welcome to 201 W 49th St, Los Angeles, a well-maintained Craftsman-style home offering 4 bedrooms, 2 bathrooms, and approximately 1,412 sq. ft. of living space on a spacious 8,115 sq. ft. LAR2-zoned lot. With its generous lot size, flexible layout, and future development potential, this property presents a unique opportunity for both homeowners and investors. The bright and inviting floor plan features spacious living and dining areas, a functional kitchen, and a convenient downstairs bedroom with a Jack-and-Jill bathroom. Each bedroom is equipped with its own mini-split system, providing individualized comfort and energy efficiency throughout the home. A long driveway provides tandem parking for multiple vehicles, while the expansive backyard offers plenty of outdoor space to enjoy and entertain. Highlights include a gazebo, BBQ area, and mature avocado, lemon, and guava trees. The exterior has been recently painted, reflecting pride of ownership throughout the property. A detached rear structure with additional living space, a bathroom, and its own private entrance offers flexibility for a home office, creative studio, workspace, or potential income-generating possibilities. The LAR2 zoning may provide opportunities for future expansion, development, or an ADU (buyer to verify). Conveniently located near Downtown Los Angeles, USC, the LA Coliseum, museums, Metro lines, shopping, dining, major freeways, and LAX. This property combines location, versatility, and value in the heart of Los Angeles. Whether you're seeking a primary residence or an investment opportunity, this is a unique property with endless possibilities.

201 W 49th, 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.