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$2,950,000
OC26154419 MLS Active Status
A newly constructed investment should do more than generate income—it should give you options. Welcome to 441 N Harvard Blvd, a turnkey fourplex in the heart of Mid-Wilshire designed for investors who value flexibility, efficiency, and long-term wealth creation. Currently operating as a successful short-term rental with income exceeding the projected pro forma, the property can be delivered fully furnished with transferable short-term rental permits, fully leased through an ongoing lease-up, or vacant, allowing the next owner to execute the strategy that best fits their investment goals. Completed in 2025 and exempt from local rent control, this Green Certified property was built to minimize ownership costs while maximizing cash flow. Every unit is individually metered for electricity, gas, and water, leaving virtually no landlord-paid utilities. Paid-off solar, separate HVAC systems and energy-efficient construction further reduce operating expenses, while a 1-year builder warranty provides additional peace of mind. Each residence has been thoughtfully finished with quartz countertops, soft-close cabinetry, luxury vinyl plank flooring, designer tile bathrooms, brand new appliances, private balconies, in-unit laundry, spacious open-concept living areas, and en-suite bathrooms, creating a product that stands well above the typical rental inventory. With 11 on-site parking spaces, including two garages, the property offers an amenity package rarely found in newly built multifamily assets. Projected gross annual income of approximately $230,220 and a projected NOI of approximately $176,877 combine with low operating expenses to create a true turnkey investment. As new construction, the property may also present attractive depreciation opportunities for qualified buyers—buyers should consult their tax advisor regarding available tax benefits. Ideally situated near Larchmont Village, Hancock Park, Koreatown, Hollywood, Paramount Studios, Netflix, Metro transit, and major employment centers, these units offer access to one of Los Angeles' deepest and most resilient tenant pools. Whether you're completing a 1031 exchange, purchasing your first multifamily asset, or expanding an institutional-quality portfolio, opportunities like this are exceptionally rare: a brand-new, low-maintenance, separately metered, fully furnished investment that can be operated as a premium long-term rental or continue generating income through short-term accommodations from day one.

441 N Harvard Boulevard, Los Angeles

$1,750,000
7 Beds 6 Baths PF26151135 MLS Active Status
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!

148 S Normandie Avenue, Los Angeles

$1,850,000
DW26085689 MLS Active Status
Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.

139 S Manhattan, Los Angeles

$1,975,000
P1-26354 MLS Active Status
NOW ON THE MARKET -- A Rare Investment OpportunityWelcome to 142-148 South Manhattan Place -- a charming four-plex showcasing timeless architectural character and eye-catching historic design. This is an excellent opportunity for investors seeking immediate cash flow. The property features four units, three of which are currently tenant-occupied, while one fully remodeled unit is vacant and ready for a new tenant or owner-occupant. Each unit offers a spacious living room that flows seamlessly into the kitchen, two comfortable bedrooms, one full bathroom, and a private in-unit laundry room. The property offers two dedicated parking spaces per unit, conveniently situated behind the building, along with additional street parking available directly in front for guests and residents. Situated just minutes from the heart of Koreatown, this is more than a fourplex--it's a refined investment opportunity offering elegance, stability, and exceptional income potential.

142 148 S Manhattan Place, 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.