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$650,000
CV26193403 MLS Active Status
We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to increase revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throughout Los Angeles County. Downtown Los Angeles is approximately 6 miles north, providing access to one of the region's largest employment hubs. Tenants also benefit from proximity to the Florence Metro Station, providing rail connectivity to Downtown Los Angeles and Downtown Long Beach. Numerous grocery stores, big-box retailers, neighborhood shops, restaurants, schools, parks, and other daily-needs amenities are located throughout the surrounding area.

5917 Converse, Los Angeles

$735,000
CV26154450 MLS Active Status
PRICE REDUCTION!!!! MOTIVATED SELLERS!!!! One tenant willing to relocate!!! Live in one rent the others!!! Good cap rate!! $4,389 monthly income coming in! As per seller your able to add another building in the grass area for extra income! Very well maintained Quadruplex located in unincorporated Los Angeles County, This Quadruplex consist of three separate buildings, first building consist of two units address 1715 and 1715 1/2, second building's address is 1717 and third building address is 1717 1/2. Units have wall heaters and own inside laundry. Such a wonderful investment with long term tenants. As you walk in to the property you have ample parking in the big front drive way, the first unit is outside the wrought iron gate, the other three inside, property has a storage unit and a great yard area. All units are 1 bedroom, 1 full bath with each unit having their own laundry room inside. There is 4 meters for electricity tenants bills are from 25 dollars to 50. There is 4 meters for gas tenants pay from 20-25 dollars. There is 2 meters for water which owners pays about 119 from the back meter 115 from the front meter.

1715 E 65th Street, Los Angeles

$1,120,000
SB26086647 MLS Active Status
Rare opportunity to acquire a professionally managed investment property in Los Angeles. 624 E 80th Street features a 2,959-square-foot building situated on a 5,740-square-foot lot. This high-performance asset is comprised entirely of 2-bedroom, 1-bathroom units, offering an in-demand layout for the local rental market. The property features a charming, single-story front home with a beautifully with a landscaped yard. The gated entry leads to ample parking in the rear, a nice amenity for this high-density neighborhood. Strategically positioned for investors, the building boasts excellent in-place income—a significant advantage within a rent-restricted market. Its condition reflects a high standard of professional management, helping the transition for the next owner. The location offers connectivity, situated just moments from major freeway interchanges. Tenants enjoy rapid access to the region’s premier employment and entertainment hubs, including LAX, SoFi Stadium, USC, and Downtown Los Angeles. With a desirable 2 bedrooms and a centralized location, this property is a standout addition to any real estate portfolio.

624 E 80th, 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.