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$1,100,000
DW25232815 MLS Active Status
Investment opportunity in Arlington Heights! This charming Craftsman-style fourplex is located in the heart of Mid-City Los Angeles, one of the city’s most central and high-demand neighborhoods. The property consists of two detached buildings on a 5,963 sqft RD1.5 lot with 2,973 sqft of living space. The front building features two spacious units, one with 2 bedrooms and 1 bath, and the other with 1 bedroom and 1 bath. Both units offer excellent potential to be remodeled and converted into 3-bedroom, 1-bath apartments to maximize rental income. One unit is currently vacant and will be delivered vacant at the close of escrow. The rear building includes a two well-sized 1-bedroom, 1-bath units. Each apartment includes a covered garage space. This is a prime value-add opportunity with multiple exit strategies. The property qualifies for FHA financing, allowing owner-occupants or investors to take advantage of favorable terms. With strong rental demand, long-term appreciation, and development potential, this asset offers tremendous upside. Ideally situated near USC, Koreatown, Downtown LA, and the Westside, this property combines classic character, convenience, and investment potential. A rare find in a sought-after neighborhood, perfect for investors or developers looking for their next project.

1661 Arlington Avenue, Los Angeles

$1,599,999
PF25218738 MLS Active Status
Welcome to this exceptional investment opportunity, a remodeled fourplex offering a diverse mix of unit sizes and strong rental income potential. Renovated in 2021, the property combines modern updates with impressive cash flow, making it an ideal choice for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth. With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements. From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today’s market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.

2122 E 10th Street, Long Beach

$1,299,999
SB25001490 MLS Active Status
Step into the pinnacle of investment opportunities at 730 W 5th, an exclusive fourplex where luxury meets the horizon. Immerse yourself in unparalleled living with panoramic views of the harbor and the bustling Ports of Los Angeles, turning every day into a visual spectacle from your balcony or through your windows. This property isn't just a home; it's a canvas of modern elegance with one unit freshly renovated, boasting chic finishes and contemporary upgrades. Each residence features its own water heater, with three units providing the luxury of in-unit washer and dryer hookups. Unlock Your Investment Potential: The property includes a vacant, unfinished first floor of approximately 2,100 sq. ft., ripe for transformation. Convert this space into accessory dwelling units (ADUs) to expand your portfolio to six units, or utilize it as premium storage space for additional revenue. Rest assured, the entire complex is securely gated, ensuring privacy and peace of mind. Location, Location, Location: Nestled just half a mile from the 110 Harbor Freeway and adjacent to key intersections like 5th Street and Gaffey, this property stands at the heart of convenience. It's a stone's throw from the transformative San Pedro West Harbor Waterfront development, poised to elevate the urban landscape of San Pedro. Dive into the dynamic lifestyle this area offers, where dining, shopping, and cultural attractions await right at your doorstep

730 W 5th Street, San Pedro

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.