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$1,350,000
AR26168649 MLS Active Status
Exceptional four-unit investment property in the prime Pasadena neighborhood of Brigden Ranch. Current CAP Rate 5% with excellent upside potential. This fully occupied multi-family property offers immediate, stable cash flow from day one with significant long-term rent upside. Built in 1948, this well-maintained property offers 2,376 square feet of living space on a spacious 8,100 square foot lot with ample parking, offering a diverse mix of two 1 bedroom/1 bath units, one 2 bedroom/1 bath unit, and a cozy studio. Potential to easily convert the studio to a 1 bedroom/1 bath unit for more than double the income. The generous lot size offers plenty of room for parking and possibly adding an additional unit. With quick access to the 210 Freeway, this property is situated in the highly accessible northern Pasadena neighborhood of Brigden Ranch, close to local parks, popular restaurants, local shopping, and public transportation lines. With it’s desirable location, well maintained units, and stable tenant base, this investment opportunity offers immediate returns and excellent upside potential.

2152 E Washington, Pasadena

$3,349,999
SR26170367 MLS Active Status
Exceptional investment opportunity at 2722 Grand Canal in the heart of Venice. This canal-front fourplex features four spacious two-bedroom, one-bathroom apartments, each offering approximately 733 square feet of living space. One unit is currently vacant, providing an opportunity for an owner-user, immediate market-rate leasing, or renovation, while the three occupied units have reliable tenants with a strong history of on-time rental payments. Overlooking the iconic Grand Canal, the property offers outstanding rental appeal, long-term income potential, and multiple value-add possibilities. Investors may choose to maintain the property as a stable income-producing asset, renovate individual units to increase rental income, or explore a larger remodel and resale strategy. Ideally located near Venice Beach, Abbot Kinney Boulevard, local dining, shopping, and entertainment, this unique property captures the best of the Southern California lifestyle and offers endless summer potential. Please contact the listing agent by telephone or email to schedule a private appointment.

2722 Grand Canal, Los Angeles

$3,349,999
8 Beds 4 Baths SR26169780 MLS Active Status
*Updated Photos coming soon* Exceptional investment opportunity at 2722 Grand Canal in the heart of Venice. This canal-front fourplex features four spacious two-bedroom, one-bathroom apartments, each offering approximately 733 square feet of living space. One unit is currently vacant, providing an opportunity for an owner-user, immediate market-rate leasing, or renovation, while the three occupied units have reliable tenants with a strong history of on-time rental payments. Overlooking the iconic Grand Canal, the property offers outstanding rental appeal, long-term income potential, and multiple value-add possibilities. Investors may choose to maintain the property as a stable income-producing asset, renovate individual units to increase rental income, or explore a larger remodel and resale strategy. Ideally located near Venice Beach, Abbot Kinney Boulevard, local dining, shopping, and entertainment, this unique property captures the best of the Southern California lifestyle and offers endless summer potential. Please contact the listing agent by telephone or email to schedule a private appointment.

2722 Grand Canal, Los Angeles

$1,300,000
PW26168879 MLS Active Under Contract Status
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand. Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property. Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access. The property also includes a two-car tandem parking space. Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live. With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.

421 N Rose, Long Beach

$2,175,000
SB26169610 MLS Active Status
Welcome to 2409 Inglewood Ave. It is truly a pride of ownership opportunity. The owners have owned the building for almost 25 years with the intention of keeping it forever. Every unit is three large bedrooms and two bathrooms. All units have 100% tiled floors, including bedrooms that are Italian tile resembling wood flooring as seen in photographs. Nearly every kitchen and bathroom counter is granite. In addition to the living space, there is a large laundry room with a central hot water heater with two parking spaces per unit with lockable storage. Plumbing repairs have been done using industrial grade heavy copper K pipe. A new roof was installed three years with Windsor Wood facia should last for decades. The deck has been maintained and was recently redone less than six months ago. The building has had routine preventative termite tenting treatments, last done 6 years ago. Note: Based on exterior measurements of two separate appraisals, the building/livable area is approximately 4,512 sqft. Accessor records reflect approximately 4,092 sqft. Buyer to independently verify all square footage.

2409 Inglewood Ave., Redondo Beach

$1,399,900
5 Beds 5 Baths GD26158566 MLS Active Under Contract Status
Location, Location, Location! This exceptional four-unit investment opportunity in one of Glendale's most desirable areas. Ideally located just minutes from The Americana at Brand and Glendale Galleria, this property offers convenient access to premier shopping, dining, entertainment, and everyday amenities. Each unit feature its own assigned garage parking space and private storage, providing added convenience and value for residents. The property also offers a shared laundry area with a washer and dryer available for all units, adding an additional amenity that enchases tenant comfort. The property consists of four units: A main house featuring 3 bedrooms and 2 bathrooms, two separate 1-bedroom/1-bath units, and one studio unit.

434 W Elk, Glendale

$960,000
SB26164836 MLS Active Status
Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside. >>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner’s operating expenses. Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.

267 W OFarrell Street, San Pedro

$1,250,000
8 Beds 4 Baths IV26164832 MLS Active Status
Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential.  Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafés, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.

1943 Estrella Avenue, Los Angeles

$950,000
SR26164033 MLS Active Status
Don't miss this exceptional opportunity to own an income-producing fourplex located just half miles from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment. Please read agent remarks for showing.

521 W 16th, San Pedro

$3,065,000
OC26164658 MLS Active Status
Located in an Opportunity Zone, 616 N. Mariposa Ave is a brand-new, architecturally striking fourplex that combines luxury design with exceptional long-term investment potential in one of Los Angeles' strongest rental markets. Each thoughtfully designed residence offers 3 spacious bedrooms and 3.5 bathrooms with en-suite baths, custom closet systems, expansive open-concept living areas, and premium designer finishes throughout. Chef's kitchens feature custom white oak cabinetry, under-cabinet lighting, waterfall marble islands with full miter edges, premium stainless steel appliances, and abundant storage. Every unit includes a refrigerator, dishwasher, range, washer and dryer, paid-off solar, EV-ready infrastructure, separate utility metering, smart home technology, Ring security, Nest thermostats, and integrated network wiring. Floor-to-ceiling aluminum windows, multiple private balconies, and exclusive rear yards create an elevated residential experience rarely found in new construction. Unlike many newer developments that sacrifice living space to maximize bedroom count, these homes offer oversized, functional floor plans designed for today's renters. Beyond its exceptional in-place income, the property offers one of the most compelling value-add opportunities available in the market. The existing garage configuration presents the potential to convert both garages into ADUs while maintaining ample on-site parking, increasing the property from 4 to 6 units and expanding the rentable living area to approximately 6,737 square feet. Based on conservative projections, this improvement has the potential to increase the stabilized cap rate from approximately 6.08% to 7.75%, creating substantial additional value and long-term cash flow. The fully enclosed property features custom wrought iron gates with automatic entry, new vinyl fencing, and includes a one-year builder warranty for added peace of mind. This non-rent-control asset offers immediate flexibility for investors seeking either maximum rental income or a premium value-add strategy. Ideally situated just minutes from Larchmont Village, Hollywood, Silver Lake, Koreatown, and major employment centers, 616 N. Mariposa Ave represents a rare opportunity to acquire a trophy-quality new construction asset with significant built-in appreciation potential through future ADU expansion.

616 N Mariposa Ave Avenue, Los Angeles

$799,000
SR26164109 MLS Active Status
Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.

715 719 ½ W 78th, Los Angeles

$1,399,000
GD26158258 MLS Active Status
Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.

5620 Stratford, Los Angeles

$2,149,000
SR26152252 MLS Active Status
Generate solid income immediately with this turnkey investment within Studio City. Multi residential income property. 4 spacious units right in the heart of town. Close to everything, as it is centrally located. Absolute prime location. All 4 units are occupied and are 2 + 2. Each unit is approximately 1100+ sqft. Units are separately metered for gas and electricity. Every unit is equipped with in-unit laundry centers and newer central HVAC. First level units have large private patios and the upper units enjoy balconies facing the street view. Being 2002 built, the property is not subject to Rent Stabilization Ordinance,which puts this income property above the rest and makes it an easier investment choice. Eight parking spaces are available at the rear of the property. Please Do Not Disturb Occupants. Please Do Not walk on the property & please do not speak with tenants. Inspections only with accepted offer...

4529 Colfax, Los Angeles

$3,550,000
OC26163764 MLS Active Status
Introducing an exceptional, 100% occupied investment opportunity! A newly constructed, non-rent-controlled four-unit luxury apartment complex in the heart of Culver City's thriving Silicon Beach. Surrounded by major employers including Amazon Studios, Sony Pictures, Apple, HBO, Hulu, Google, and the offices of countless technology and entertainment companies, this prime location continues to experience strong demand for high-quality rental housing. The property generates $260,400 in annual gross income and offers a true Year One cap rate of 5.60%, with built-in rental increases projected to elevate the cap rate to 5.75%. Thoughtfully designed for today's renters, each spacious residence features open-concept floor plans, private in-unit laundry, multiple private balconies or decks, designer finishes, and two dedicated parking spaces. The unit mix consists of a front duplex with two expansive 4-bedroom, 4.5-bath residences and a rear duplex with two 3-bedroom, 3-bath residences, providing an ideal blend of larger family-oriented units. Each unit is individually metered for water and electricity, reducing owner expenses while providing tenants with independent utility control. Luxury amenities include a full suite of premium appliances, including a washer and dryer, refrigerator, dishwasher, 36-inch range, and over-the-range microwave. Each unit is also equipped with fully owned solar panels, providing long-term energy savings and increasing tenant appeal. Adding to the property's upside is a rare value-add opportunity to convert the existing oversized four-car garage into an approximately 2-bedroom, 2.5-bath ADU, while still maintaining ample parking for every unit. The projected ADU is expected to generate an additional approximately $3,600 per month in rental income, increasing the property's cap rate to an estimated 6.75%. Built with sustainability and long-term ownership in mind, the property incorporates eco-friendly construction materials, water conservation and reclamation systems, drought-tolerant landscaping, and other energy-efficient features. As newly constructed buildings, the improvements offer the benefits of modern construction, low maintenance requirements, and builder warranties, making this an ideal turnkey investment. Strategically located in one of Los Angeles' most desirable and supply-constrained rental markets, this trophy asset combines immediate cash flow, future income growth, and meaningful value-add potential.

4455 S Slauson Avenue, Culver City

$2,200,000
PV26161685 MLS Active Status
Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.

380 Temple Avenue, Long Beach

$698,000
P1-28201 MLS Active Status
Excellent investment opportunity to own a fourplex with multiple income streams. Each of the four units features 1 bedroom, 1 bathroom, a private yard, and washer/dryer hook ups. The interiors offer tile flooring throughout, and updated plumbing.Situated on an expansive 8,015-square-foot lot, the property includes five single-car garages plus additional off-street parking with convenient alley access. An added investment advantage is an existing commercial ground lease for an on-site advertising billboard, providing supplemental income beyond the residential rents.Ideally located within walking distance of schools, parks, shopping, and with convenient access to major freeways. Owner pays for water and insurance. With stable residential income, additional revenue from the billboard lease, ample parking, and zoned for C-1, this property presents endless possibilities.

1052 N Wilmington Boulevard, Wilmington

$1,750,000
SR26155217 MLS Active Status
A rare investment opportunity in south-central Pasadena. This charming two-story fourplex offers strong rental income in a prime location near Pasadena City College, Caltech, and the Metro L Line. Live in one unit and rent the other three, or keep all four as an income-producing investment. All four units are currently leased and generating income. Each spacious unit features hardwood floors, in-unit washer/dryer hookups, and a private enclosed garage. Units also include a bonus room that may be used as a second bedroom, dining room, office, kids' room, etc. Each tenant pays for their own electric and gas while the landlord pays for water, trash, and sewer. Conveniently located near South Lake Avenue shopping and dining, the Huntington Library and Gardens, and Old Town Pasadena, with easy access to freeways and public transit. Buyer and buyer's agent to verify all information, including square footage, rent control status, and permits. Please do not disturb tenants.

141 N Bonnie Avenue, Pasadena

$1,299,999
SR26162076 MLS Active Status
Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 4 ADUs. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has an electrical and gas meter. Tenants are on a month-to-month lease. Per seller, there are two two-car garages, one rented at $500 a month, plus an extra monthly income for parking, tenants are not entitled to parking. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add is in the zoning and the large corner lot, providing you a huge opportunity to construct an additional four ADUs or start building a new 14,400 Sqft. complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, Universal Studios, and the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site (TOC). Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process. Please check with LADBS for the approved 2026 ADU California laws.

6944 Radford, North Hollywood

$949,000
RS26146061 MLS Active Under Contract Status
Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three units ready for occupancy or lease-up. The unit mix consists of three 2-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit with private en-suite bath. Each unit includes a range, select units include refrigerators, and the property provides four on-site parking spaces. Two upstairs units feature private balconies, adding desirable outdoor living space. Estimated market rents are approximately $2,200 per month per unit (buyer to verify), offering strong income potential. Ideal for an owner-occupant seeking rental income, multigenerational living, or an investor looking to maximize cash flow through immediate lease-up. One occupied unit (Unit 1) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.

721 W 54th Street, Los Angeles

$958,000
PW26161182 MLS Active Status
Owner-user opportunity in Boyle Heights. Front 2-bedroom, 1-bath unit will be delivered vacant at close of escrow, giving the next owner the option to occupy one unit while benefiting from the income potential of the remaining units. Based on stated pro forma rents and garage income, the property offers approximately $98,700 in annual gross income potential — roughly a 9.7 GRM at the current asking price. Currently configured as 4 units (public records reflect 3 units), with one 2-bedroom unit and three 1-bedroom units, separate gas and electric meters, two garage spaces, and a 6,698 SF lot. The 2-bedroom unit has a stated pro forma rent of $2,350/month, with stated pro forma rents of $1,825/month for each of the three 1-bedroom units. Conveniently located near Downtown Los Angeles, the Arts District, Keck Medicine of USC, Metro transit, and the 5, 60 and 101 freeways. Property sold as-is. Buyer and buyer's agent to independently verify unit count, permits, rents, expenses, income, and all other information and conduct their own inspections and due diligence.

305 S Mott, Los Angeles

$1,599,900
PW26158293 MLS Active Status
Rare Elysian Heights Fourplex! One VIEW unit is available for immediate occupancy, with a rare opportunity to reside in one residence and generate income from the remaining three. Within this highly sought-after hillside neighborhood this exceptional fourplex delivers the perfect blend of lifestyle, owner-user flexibility, and long-term investment value. The property features an excellent unit mix of (3) spacious 2BD/1BA units and (1) oversized 3BD/2BA unit with its own private patio. The vacant 2BD/1BA unit, situated in one of the most desirable locations within the property, enjoys spectacular downtown Los Angeles skyline views from both the kitchen and its adjacent private balcony. Bright and inviting, the kitchen features granite countertops and stainless-steel appliances. This specific residence has been thoughtfully refreshed with all-new interior paint and carpet, making it move-in ready for immediate owner occupancy or an outstanding opportunity to lease at today's market rents. Significant capital improvements have already been completed, including a new roof and building seismic retrofit in 2019, along with a freshly painted exterior that enhances the property's curb appeal. Additional amenities include a community laundry room, storage and on-site parking for up to eight vehicles, a rare and valuable convenience in this highly desirable neighborhood. Ideally located just moments from Echo Park Lake, Dodger Stadium, Downtown Los Angeles, Silver Lake, and the vibrant restaurants, cafés, boutiques, and nightlife along Sunset Boulevard, this property offers the perfect blend of neighborhood charm and urban convenience. Whether you're looking to live in one unit while enjoying income from the others or seeking a premier multi-family investment, this is a truly exceptional opportunity that rarely becomes available.

2017 Vestal Avenue, Los Angeles

$1,175,000
SR26161039 MLS Active Status
PRICED TO SELL!!! Exceptional Investment Opportunity – 4-Unit Income Property in Harbor City! Welcome to this versatile and income-producing 4-plex nestled in the heart of Harbor City. This well-configured property features a front house with 2 bedrooms and 1 bathroom, along with three back units offering 2 bedrooms and 1 bathroom each, and one 3 bedrooms, 1 bath the other unit. This an excellent mix of rental income potential all under one investment. Each unit is thoughtfully laid out to maximize comfort and livability for tenants, and all units come equipped with washer and dryer hookups — a highly desirable amenity that helps attract and retain quality long-term renters. Whether you're a seasoned investor looking to expand your portfolio or searching for a solid addition to your real estate holdings, this property delivers outstanding flexibility and value. Located in Harbor City with easy access to the 110 and 405 freeways, nearby shopping, dining, schools, and the Southern California coastline, this is a location tenants love. Don't miss this rare multi-family opportunity — properties like this don't last long!

26011 Belle Porte, Harbor City

$2,100,000
SR26159013 MLS Active Status
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$1,000,000
CV26160176 MLS Active Under Contract Status
Exceptional value-add opportunity in the heart of Paramount. This well-maintained 3-unit multifamily property with a bonus garage conversion offers strong in-place income with significant upside rent potential. The building has been consistently cared for over the years and features stable, paying tenants, providing immediate cash flow while allowing an investor to strategically increase returns over time. Rents are currently below market, creating a clear path for income growth through gradual rent adjustments and operational optimization. The property shows pride of ownership with minimal deferred maintenance, making it ideal for investors seeking a low-risk asset with upside rather than a heavy rehab project. Front unit 3 bed 1 bath 2nd unit 2 bed 1 bath 3rd unit 2 bed 2 bath 4th unit 1 bed 1 bath garage conversion (not sure if permitted, buyer to do due diligence) garage is converted and done in workmanlike manner and has been rented for years. Current rent is $1500 which is not included in the rents on unit info page With solid fundamentals, long-term tenancy, and future appreciation potential, 7032 Somerset is a compelling opportunity for investors looking to enhance yield in a strong rental market.

7032 Somerset, Paramount

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.