Los Angeles County

First time on the market in 33 years. Incredible 2 home lot. Both homes have been occupied by and lovingly cared for, by the same family. Each home is individually metered for electric and gas. Front house has 3 bedrooms and 1 1/2 bathrooms. Back house has 2 bedrooms and 2 bathrooms plus 2 bonus rooms. Located near the Traffic Circle. Close to the new Sprouts. The Habit. The Circle LBC, Lees Sandwich, Cyclo-Noodle and Charo Chicken The front home has a large living room that flows beautifully into a large dining room with built-ins and dual pane windows. Nice sized bedrooms and full bathroom. Kitchen is ample size and there is a 1/2 bath by back door. Back house (above garages) has an enclosed staircase. Enter into the living room/dining room with 2 balconies. Filled with nice light these 2 bedrooms and bathroom make this home very livable. Downstairs are the 2 bonus rooms with a bathroom. Laundry is in the garage. If you want to keep the residences separate, simply require the back house occupant to access the property by the garage, through the alley.

Calling ALL INVESTORS!! Land! Land! Land! Outstanding Lake Balboa Location. Unlimited Possibilities & Endless Opportunities All On An Enormous 14,094 SqFt Lot In A Fantastic Lake Balboa Neighborhood. Ultra Rare Chance. Fabulous As-Is Or Create Your Dream Home Here. Great Location. Close To Everything. Opportunity At Its Best. Do Not Miss. Rare Offering. Check out AB 1033 to see the endless potential of the number of homes or ADU's that can be built on this property!!

What if your next investment property already came with six renovated units producing stable rental income in one of Montebello’s strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the property’s prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences. The property also offers excellent regional connectivity with easy access to the 5, 60, 605, and 710 freeways, making commuting throughout Los Angeles County convenient. With renovated units, strong in-place rental income, and a desirable location in the San Gabriel Valley, this property presents an excellent opportunity for investors seeking a stable long-term hold or a strategic 1031 exchange acquisition. Property is subject to AB 1482 rent control regulations.

We are pleased to present Avenue 40 Apartments located at 206 E. Avenue 40 in Los Angeles. The property is located on a quiet residential street nestled between Cypress Park and Highland Park. The charming seven unit complex was originally constructed in 1921 and had a major renovation in 2011. Significant upgrades were completed to the plumbing and electrical systems. New roofs were installed on three of the bungalows. Further, 206, 206 , and 208 have had major remodels since that time when the units became vacant. Total capex exceeds $150,000. The 2,864 SF property is comprised of six x studio/one bath, and one x one bedroom/one bath detached bungalows. There are individual tankless water heaters and the property is separately metered and ownership only pays for water and sewer. The property is subject to city of Los Angeles Rental Stabilization Ordinance. Highland Park has enjoyed a renaissance over the last decade as a hip place to live. New restaurants and shopping have created a local economic engine, driving up property values and rents. The property is ideally situated to take advantage of the local burgeoning economy, and also has easy access to I-110 and I-5. Further, Metro's Heritage Square A Line station is less than a 10 minute walk from the property. The offering is an ideal opportunity for an investor to take advantage of a turnkey bungalow property. Priced at a 6.54% CAP upon acquisition, and major capital expenditures completed, this is an excellent low maintenance opportunity with approximately 40% rental upside.

Wow Amazing Income-producing opportunity! Generate Incredible & consistent cash flow with this high-performing & rare Triplex within the highly desirable & top-rated Temple City school district ~ conveniently situated within the heart of Temple City and near walking distance to a wide array of retail shopping centers, tasty restaurants, supermarket, and everyday essentials/ beauty & cosmetic stores and so much more! This Triplex sits on an elongated 7,162 SF lot size and comprises of a fully detached (Front 3 Bed/ 1 Bath ~Approx 894 SF) SFR + a rear Duplex (4 Beds/ 2 Baths ~Approx 1,978 SF total). The Front home includes its own separate Driveway, and the rear Duplex has the potential for up to 6 covered Carport spaces plus additional guest parking. This Triplex offers a prime & super convenient location within a highly desirable lovely tree-lined residential street Oak Ave. This Property already offers Investors great monthly cash flow, and possesses future development or Renovation potential that can appeal to any Buyer or Investor. Property is fully equipped with Separate Gas & Electricity meters. Buyer shall conduct own due diligence with own professionals and is invited to explore all the wonderful potential and possibilities this Property can provide. Strong income potential, especially considering the highly rated Temple City Schools that attracts renters easily and quickly whenever you might have a vacancy. With so much conveniences and activities nearby, come discover the great possibilities with this Income-generating property and maximize its true potential!

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 7602374092...

ADU Development Opportunity – 2plex + 3plex on Adjacent Lots ***Rare opportunity to acquire two properties on two side-by-side APNs with a combined lot size of 11,218 SF zoned LARD1.5, offering significant ADU expansion potential. The site configuration and zoning present the possibility to develop 7+ additional ADUs (buyer to verify with city), making this an attractive value-add and long-term unit expansion play. ***The property currently consists of total 5 units. 2 units are vacant, in rent-ready condition, allowing a buyer to lease at market rents while planning future development. Current rents are $1,424, $915, and $688, with additional income from on-site laundry. Investors benefit from existing cash flow while unlocking substantial upside through ADU development, a rare opportunity to significantly increase density and rental income on a large multifamily lot.

We are pleased to present Harcourt Apartments located at 2010 S. Harcourt Avenue in the mid-city section of Los Angeles. The charming quadruplex was constructed in 1923 and is comprised of four x two bedroom/one bath apartments. Each apartment has its own water heater and laundry hookups. Two of the apartments were recently renovated. The property is separately metered and ownership only pays for water and sewer. There is carport parking in the rear, and the potential exists to construct an ADU on top of the carport. The foundation was seismically reinforced in 2012, and there have been some electrical upgrades. The property is subject to city of Los Angeles Rental Stabilization Ordinance. Harcourt Apartments is centrally located on a quiet residential street in mid-city with easy access to I-10, Metro's light rail E line, the La Brea corridor, West Adams, Hancock Park and Beverly Hills. With continued upward pressure on rents, a desirable neighborhood, and ADU potential, this offering is an ideal bite sized deal for an investor.

We are pleased to present a four (4) unit apartment building located at 328 N Mariposa Avenue in Los Angeles, The subject property is located in a solid Koreatown location, north of Beverly Boulevard and west of Vermont Avenue. This property offers a solid Koreatown location with a streamlined unit mix of all two-bedroom units, some of which features views of the Hollywood Sign. Three units are currently vacant and taken down to the studs, with approved plans in place and permits paid to convert them into spacious three-bedroom two baths layouts, enhancing rental potential. New roof is allready in place, Each unit is separately metered for gas and electricity, while a four-car garage in the rear provides additional upside through the opportunity to convert into multiple ADUs under SB1211 and still have parking for about 9 cars parking is very scarce in this area, The building benefits from lush front-yard landscaping that enhances curb appeal and sits in a prime position with dominant access to major commercial corridors including Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue. With its solid Koreatown location, value-add potential, and multiple avenues for unit and ADU conversion, this property presents a rare opportunity for investors to capture strong long-term rental upside.