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$740,000
4 Beds 2 Baths OC26031169 MLS Active Status
Located in the Highly sought after Alvarado Terrace Historic District of Pico Union, this 1900s Craftsman 5 bedroom 3 bath plus bonus room House awaits the creative Investor or Developer to restore it. Residence boast 2207 sq ft of living space on a lot of 5625 with a Detached two car garage that can potentially be developed into a Guest house or ADU . Used as a boarding house in the past , upon entering you are greeted by a long corridor with Two Independent Living Spaces on each side and enclosed by Large Double doors. Presently Tenant occupied ,each of these living spaces feature a 1bedroom ,living room, kitchen and bathroom . Upstairs you will find incredible sq footage featuring 4 Large bedrooms and One full bathroom. Suggested After repair value (ARV) is 1.2 million ! Zoning is LARD1.5 Surrounded by Million dollar properties with Excellent Transit and just minutes away from Downtown Los Angeles ,Crypto Arena, Larchmont Village, Westlake Village and Hollywood ..location is prime. Don't miss it, great opportunity for the right Investor. Owner motivated, open house coming soon. PLEASE DO NOT DISTURB TENANTS!!!

1242 S Bonnie Brae, Los Angeles

$960,000
5 Beds 3 Baths 26656381 MLS Active Status
Seize this rare opportunity in Historic Jefferson Park. This Duplex offers great investment benefits to the owner. The two units offer identical floor plans except the upstairs unit provides an additional 3rd bedroom and 3/4 bathroom for a total of 2848 Sq. ft., square footage is accurately reflected within the title, see attached floor plan. Located minutes from the Crenshaw District, West Adams HPOZ, USC, Expo Park, Museums, Coliseum, BMO Stadium, Downtown L.A. and freeways. Take advantage of superior value-add potential through upgrading, renovation, and LAR3 zoning with additional unit(s) or converted into shared/student housing which will be delivered vacant. This property, built in 1966, is not restricted to HPOZ limitations.

3530 W 27th Street, Los Angeles

$1,850,000
16 Baths 26653611 MLS Active Status
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

2327 S Budlong Avenue, Los Angeles

$1,400,000
SB26030315 MLS Active Status
Rare Duplex in the City of Angels – LAR3 Zoning – Opportunity knocks with this well-maintained duplex located near the 10 Fwy and central to all regions of Los Angeles. Featuring a total of 6 bedrooms and 4 bathrooms (each unit is a 3 bed / 2 bath) across two spacious units, this income-producing property offers flexibility, upside, and development potential. Sitting on a large 7,646 sq ft LAR3 lot, this property presents a potential future development opportunity of up to 9 units (buyer to verify). In addition, the deep lot provides off-street parking, a very generous backyard, great natural lighting and functional flow. Highlights: Approx. 2,780 sq ft building on a 7,646 sq ft lot. LAR3 zoning – ideal for multifamily development. Strong rental upside in a high-demand area. Centrally located near DTLA, Koreatown, USC, and major freeways Close to schools, public transportation, and new development projects. Whether you're an investor seeking cash flow and appreciation, or an owner-occupant looking to live in one unit while renting the other, this property offers the ideal setup in one of LA’s most dynamic neighborhoods. Both units currently have tenants. Each unit is equipped with in-unit laundry.

2104 Crenshaw Boulevard, Los Angeles

$1,395,000
12 Beds 5 Baths 26636059 MLS Active Status
"INCOME-PRODUCING" 4-Unit Building currently operated as a multi-room rental located in Pico/Crenshaw area of Central Los Angeles, near Koreatown and Mid-Wilshire. The interior configuration has been significantly altered by prior ownerships, with walls opened and reconfigured, resulting in a layout that currently resembles a large single-family residence. The existing configuration is non-conforming to the original 4-unit design. The property is currently being used as a individually rented, approximately 12-bedrooms rooming house, producing approximately $7,606 in gross monthly income. The building features two communal kitchens, one on each level. Recent improvements include a newer roof (approximately 4 years old) and an updated heating system. The seller pays all utilities, averaging approximately $1,000 per month for water and electricity and $500 per month for gas. The property offers at least 5 surface parking spaces and is situated on a 7,158 Sq.ft R-3 Lot with Tier 3 Transit Oriented Communities (TOC) designation, offering significant redevelopment and density potential. Buyer to conduct their own due diligence and verify all zoning, permits, square footage, current use, and development potential. Ideal opportunity for investors or developers seeking income with strong Value-add or redevelopment upside in a prime central Los Angeles location. NOTE: PLEASE DO NOT DISTURB OR SPEAK WITH TENANTS, NOR WALK ON THE PREMISES!

1320 Crenshaw Boulevard, Los Angeles

$1,270,000
10 Beds 8 Baths 25603683 MLS Active Under Contract Status
3005 S Normandie Ave | 8-Unit Multifamily in Adams-Normandie Near USC & Downtown LA. Built in 1960 and fully renovated in 2025, the property features a balanced unit mix of (6) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units totaling 4,837 SF on a 6,600 SF LAR3-zoned lot. Priced at $1,270,000 (~$158,750 per unit / $262.56 per SF), this offering presents investors with a strong blend of in-place income and exceptional upside through rent recovery and operational improvements. The property currently achieves a 7.50% cap rate, with pro forma projections of 10.26%, driven by units renting significantly below market and one vacant unit ready to lease at $1,845 market rent. Portfolio-wide rent upside of 63.94% ($38,427 annual unrealized revenue) creates immediate NOI growth through organic lease turnover. With nine on-site parking spaces, investors can also generate additional income through parking fees or RUBS implementation.

3005 S Normandie Avenue, Los Angeles

$2,490,000
23 Beds 11 Baths 25579225 MLS Active Status
Compass is pleased to present the opportunity to acquire a mixed-use commercial income property in the Arlington Heights neighborhood of Los Angeles. This property boasts commercial zoning with a use code for boarding/rooming houses, apartment hotels, and hostels- offering incredible flexibility and income potential. The front building currently features 11 bedrooms and 6 bathrooms, in addition to 4 studios on the side and two 2-bedroom, 1-bathroom units in the rear. The second building features a duplex, each unit with 2 bedrooms and 1.5 bathrooms. In total, the property boasts 23 bedrooms and 11 bathrooms. With rents currently below market rates, there is tremendous potential for the right buyer to convert this into a cash cow through creative strategies by leveraging the unique use code and zoning.

3714 W Pico Boulevard, Los Angeles

$1,700,000
PV25175287 MLS Active Status
Historic 1921 Duplex – Full Rehab Opportunity in West Adams Welcome to 2510 3rd Ave, a rare ground-up rehab opportunity in the heart of West Adams. This 1921 duplex sits on a generous 7,500 sq ft LARD2 lot and spans over 3,100 sq ft, giving an investor or contractor serious square footage to work with. This is a property for someone who wants to roll up their sleeves and unlock real value, not a turnkey listing. The property offers two units totaling 5 beds and 4 baths, plus an unfinished space above the garage. One unit still carries genuine 1920s character worth preserving: a step-down hallway with a built-in wood banister and cabinetry, arched doorways, and a bathroom with subway tile tub surround and antique medicine cabinet mirror. The bones are here. What it needs now is a full renovation to bring it back and maximize both rental income and resale value. This is a project for a buyer who understands scope, whether that's a full interior gut, systems upgrade, or a complete repositioning of the property to modern rental standards. The scale of the lot and structure gives real flexibility for reconfiguring the layout, finishing out the space above the garage, or converting to a larger income-producing asset. Located on a tree-lined street minutes from USC, DTLA, Culver City, and the Expo Line, in a highly walkable neighborhood (Walk Score: 96) with continued growth and appreciation, this is a rehab play with strong upside for a savvy investor, 1031 exchange buyer, or contractor looking for their next project.

2510 3rd Avenue, Los Angeles

$982,000
5 Beds 3 Baths 25519347 MLS Active Status
HUGE PRICE REDUCTION!! ADU Potential duplex situated in Mid Los Angeles, adjacent to Miracle Mile and Hancock Park. Downstairs unit consists of 3 beds and 1.5 baths. Upstairs 2 Beds, 1 bath. Each Unit has a dining area. Wood and tile floors throughout. Garage converted without permit and have a plan to convert back to garage. Unpermitted storage attached to the garage has been there over the decades. Each unit is individually metered gas & electricity and the upper unit electric meter is connected to the garage. The LA COUNTY ASSESSOR and the title reports showed 3 units with 7 beds, 3 baths. Both units will be delivered with tenants in place. Excellent value add investment opportunity or OWNER USER. Please Do not disturb tenants. **DRIVE BY ONLY** Interior inspection subject to accepted offer. Property is being SOLD AS-IS condition!

4516 ST CHARLES 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.