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$1,470,000
AR26200044 MLS ⋅ Active Status
846 N Harvard Boulevard is a compelling opportunity to acquire a classic Spanish-style four-unit property in the heart of East Hollywood and Melrose Hill neighborhood. Built in 1924, the property consists of four large one-bedroom, one-bathroom residences totaling approximately 3,632 square feet on an approximately 5,249-square-foot lot. A key feature of the offering is that one unit will be delivered available, creating immediate flexibility for either an owner-occupant or value-add investor. An owner-user has the opportunity to move into and renovate the residence to their own taste while benefiting from rental income generated by the property’s three remaining units. Alternatively, an investor can immediately renovate and reposition the vacant unit, establishing a higher rental benchmark while continuing to collect income from the occupied units. The property’s classic 1920s Spanish architecture provides character increasingly difficult to replicate in newer multifamily construction. The residences feature approximately 900-square-foot floor plans, with original architectural details and generous living spaces providing an excellent foundation for thoughtful renovation and long-term repositioning. Garage parking serving two of the four units further enhances the property’s functionality and appeal in this centrally located Los Angeles neighborhood. Located in East Hollywood, 846 N Harvard Boulevard benefits from a highly central location with convenient access to Hollywood, Larchmont Village, Los Feliz, Koreatown, Silver Lake and Downtown Los Angeles. The surrounding neighborhood offers a dense mix of employment, dining, retail and entertainment destinations, supporting continued demand for well-located rental housing. Whether acquired by an owner-occupant looking to begin investing in real estate while offsetting housing costs, or by an investor seeking a character-rich multifamily asset with immediate value-add potential, this property offers a distinctive combination of flexibility, income, architectural character and long-term upside.

846 N Harvard Boulevard, Los Angeles
$1,299,999
IG26185273 MLS ⋅ Active Status
Great investment opportunity in Los Angeles! This legally recorded quadruplex offers a versatile unit mix with strong existing income and additional upside potential. Three legal units are currently tenant occupied on month-to-month agreements, while the owner’s 3-bedroom, 2-bathroom unit is expected to be delivered vacant, creating an opportunity for an owner-user or investor. Property features copper plumbing with a 1-inch main service line, an upgraded electrical system, two tankless water heaters, seismic foundation retrofit with anchor bolts, upgraded bathrooms in **Unit 2**, gas-fired wall furnaces, window A/C units, and on-site Speed Queen laundry machines. Additional income is generated from laundry and parking. Property also contains an additional occupied studio space that is not reflected as a legal fifth unit in available public records. Buyer to independently verify permits, unit configuration, square footage, rents, zoning, RSO status, improvements, and all other property information with the appropriate agencies.

4139 Normal, Los Angeles
$1,370,000
CV26099977 MLS ⋅ Active Status
BIG PRICE IMPROVEMENT OVER 200K! First time on the market in over 40 years, 1115 N. Madison Ave presents a rare opportunity to own a well-located 4-unit investment property in the heart of Los Angeles with tremendous upside potential. Each unit in this quadplex is its OWN SEPARATE STRUCTURE... the property offers a level of privacy and individuality rarely found in traditional multifamily properties. The unit mix consists of 3 units that are 2 beds & 2 baths and 1 unit that is 3 beds & 2 baths, creating strong rental appeal for a wide range of tenants. With generous layouts and standalone structures, the property is ideally positioned for both long-term hold investors and buyers looking to unlock future value through strategic improvements and rental growth. Situated in a highly central and convenient location, residents enjoy easy access to some of Los Angeles’ most popular neighborhoods, dining, shopping, entertainment, and major commuter routes. Just minutes from Hollywood, Koreatown, Silver Lake, and Downtown LA, the property offers the connectivity and lifestyle today’s renters are actively seeking. Nearby freeway access and public transportation options make commuting throughout the city simple and efficient. Whether you’re looking to expand your portfolio, reposition an asset, or secure a generational investment in a prime Los Angeles location, 1115 N. Madison Ave is a standout opportunity with character, flexibility, and long-term potential.

1115 N Madison, Los Angeles
$1,449,000
SR26105447 MLS ⋅ Active Status
4-plex building, including a single family in front. Below market rents. Possible redevelopment.

1137 N Ardmore, Hollywood Hills East
$1,295,000
BB26023598 MLS ⋅ Active Status
Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. The location of the property offers many advantages for potential investments and builds. The 1137 residence is a two-story single-family home featuring three bedrooms, one bathroom, and an additional water closet. 1137½ is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139½ make up a duplex, with each unit offering one bedroom, one bathroom, and a dedicated single-car garage. Set on a generous lot, the property provides multiple income-producing units along with significant upside for future development. Currently zoned TOC Tier 4, the site may offer favorable incentives for expansion or redevelopment (buyer to conduct due diligence regarding zoning and development potential). Thus property offers many advantages as it is located within approximately 900 feet from the Metro station and within 300 feet from the one of a kind Madison Avenue Park and Community Garden. Located within half a mile of the Vermont/Santa Monica transit station, the property benefits from excellent accessibility and is just steps from a communal garden and park. Its central location allows for easy access to Downtown Los Angeles, Echo Park, Los Feliz, and West Hollywood—areas with consistently strong rental demand. With its multiple units, desirable location, transit-oriented zoning, and development flexibility, this property presents the potential for a highly attractive investment opportunity with both immediate and long-term returns.

1137 N Madison 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.