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

11234 Hatteras Street presents a rare opportunity to acquire a 5-unit multifamily asset on an expansive 13,077 SF lot in the heart of North Hollywood, one of the San Fernando Valley’s most active and evolving rental submarkets. The property consists of 3,893 SF of existing improvements and features a desirable mix of 1, 2, and 3-bedroom units. 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 opportunity is its significant ADU development potential. The large vacant side yard may provide the opportunity to construct up to five new ADUs, creating substantial additional rental income and long-term value. Illustrative development projections indicate the potential construction of five new 850 SF ADUs, resulting in a projected stabilized 7.0% cap rate and an estimated exit value of approximately $2,650,000, representing roughly $400,000 in potential value creation before any additional upside achieved through repositioning the existing units. Based on the seller’s preliminary assumptions, the project could potentially generate a 156% return on equity over an estimated 18-month period utilizing 90% LTV financing. Buyer to independently verify all development costs, financing assumptions, rental projections, cap rates, timelines, and projected returns. The location further strengthens the investment story. The property is positioned near the NoHo Arts District, North Hollywood Metro Station, NOHO West, and the planned District NoHo development, a transformative transit-oriented mixed-use project expected to bring new housing, retail, office space, public open areas, and enhanced transit infrastructure to the neighborhood. As North Hollywood continues to attract new investment, residents, employers, and entertainment venues, 11234 Hatteras Street offers investors a unique combination of stable in-place income, rental upside, and exceptional ADU-driven development potential.

Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

Exceptional duplex opportunity in Los Angeles featuring two spacious units, each offering 5 bedrooms and 3 bathrooms. With approximately 3,750 square feet of total living space, this property provides flexible living arrangements for owner-occupants, multi-generational households, or investors. Additional features include a garage and generous living areas throughout. Conveniently located near schools, shopping, dining, public transportation, and major commuter routes. A rare opportunity to own a large duplex with significant living space and strong income potential.

Situated on an expansive 19,000+ sq ft lot in the unincorporated Los Angeles county, this versatile 4-unit property features three separate buildings each offering its own private yard for added tenant appeal and privacy. The property is thoughtfully laid out with individually metered utilities and ample driveway parking, providing approximately two spaces per unit. All four units include convenient laundry hookups, while two units feature rear patios and three enjoy fully fenced front and back yards ideal for outdoor living. With significant lot size and layout advantages, this property presents strong potential for future expansion or additional units (buyer to verify), making it an excellent choice for both seasoned investors and owner-occupants. Live in one unit while generating income from the others, or maximize returns with a full rental strategy. Whether you're looking to grow your portfolio or secure a multi-generational living setup, this property delivers space, flexibility, and long-term upside. Unit Breakdown 9012: 823 +/- sf, Unit 9012 1/2: 614 +/- sf, Unit 9014: 957 +/- sf, Unit 9016: 756 +/- sf, 1 Car - Garage: 300 +/- sf. See pdf brochure attached.

Exceptional Granada Hills property offering versatility, income potential, and future development opportunities. This unique property features a 3-bedroom, 2-bathroom main residence with approximately 1,492 square feet of living space, plus a detached 1-bedroom, 1-bathroom ADU of approximately 572 square feet. Both residences offer updated interiors with modern finishes, recessed lighting, updated kitchens and bathrooms, and comfortable living spaces. The expansive lot includes a large paved driveway with ample parking, private outdoor areas, and a covered patio ideal for outdoor enjoyment. Adding significant value, the property includes SB 9 approved plans for two additional units of approximately 1,320 square feet and 1,340 square feet, providing outstanding potential for expansion, multigenerational living, or additional rental income. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this is a rare opportunity to own a property with existing living space and future development potential in desirable Granada Hills.

Spacious duplex featuring two 5-bedroom, 3-bathroom units, offering approximately 10 total bedrooms and 6 total bathrooms. Property includes separate living areas, functional floor plans, and individual utility configurations. Ideal for owner-user or investment purposes. Conveniently located near schools, shopping, dining, public transportation, and major freeway access. Excellent opportunity to own a multi-unit property with strong income-producing potential in Los Angeles.

We are pleased to present 1965 Saint Louis Avenue, located on the west side of Saint Louis Avenue, conveniently situated between East Pacific Coast Highway and East 20th Street in the City of Signal Hill, California. The two-story, two-unit multifamily property was originally built in 1991 and consists of approximately 2,982 square feet of building area on a 6,376 square foot parcel. The property consists of two (2) detached single-family style residences on one lot, each featuring a 3-Bedroom / 2-Bathroom layout. The sought-after unit mix is coupled with generously sized floor plans, with Unit 1 spanning approximately 1,806 square feet and Unit 2 approximately 1,195 square feet, maximizing both rental income potential and owner-occupant appeal. The property boasts two double-car garages totaling four (4) parking spaces, offering tenants and/or owners a rare combination of private parking and additional storage. The front residence is a single-level conventional home with a covered porch, fireplace, and direct street presence. The rear residence sits above the garage on the second level, offering privacy and separation from the front unit. Both homes are wood frame construction with stucco exterior, composition roofing, slab foundation, and central FAU/AC with in-unit washer/dryer for tenant and/or owners convenience. The property is also separately metered gas and electric.