4 separate living areas on 1 lot - MOTIVATED - 6402 Graves Ave

Van Nuys, CA 91406

• Investment Property
• Multifamily for Sale
• $1,532,556 CAD
• 2,096 SF

Van Nuys Multifamily for Sale - Western SFV

*** FULLY PERMITTED ADU *** SEPARATE BACKHOUSE *** VALUE ADD OPPORTUNITY *** Welcome to 6402 Graves Ave, located in the highly desirable Lake Balboa neighborhood of Van Nuys. This beautiful property offers a rare combination of space, versatility, and location. Featuring 5 spacious bedrooms and 4 full bathrooms, this home is perfect for large families or investors. One of the standout features is the fully permitted Accessory Dwelling Unit (ADU), offering flexibility for rental income, a guest suite, or extended family living. The ADU includes its own private entrance, kitchen, bathroom, living space, and outdoor space. Ideal for tenants or independent living arrangements. Conveniently located in Lake Balboa, you’ll enjoy easy access to local parks, schools, shops, and the 405 and 101 freeways, making commuting easy. Whether you’re looking for a place to call home or a strong investment opportunity, this property checks all the boxes. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.

Contact:

AREE - American Real Estate Experts

Property Subtype:

Apartment

Date on Market:

2025-08-13

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1025 Locust Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $2,508,706 CAD
• 5,498 SF

• Kitchen
• Smoke Detector

Long Beach Multifamily for Sale - Long Beach: Downtown

Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!

Contact:

Kinnery's Brokerage House and Elite Property

Property Subtype:

Apartment

Date on Market:

2025-08-07

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6669 De Longpre Ave

Los Angeles, CA 90028

• Investment Property
• Multifamily for Sale
• $2,217,255 CAD
• 3,380 SF

Los Angeles Multifamily for Sale - Hollywood

Welcome to the charming Hollywood duplex! Minutes away from Highland Avenue and The Redline subway station, this property is a once-in-a-lifetime opportunity. Comprising two distinct units, one downstairs and one upstairs, each has a separate address—6669 De Longpre Ave. & 6671 De Longpre Ave. A captivating Spanish-style duplex, the total living space is 3,380 sq ft, each unit having approximately 1,600 - 1,700 sq ft, all with separate one-car garages. The unit on the first floor has 2 cozy bedrooms and 1 bathroom. The second-floor unit is filled with natural light supplied by big windows in every room. It has 2 bedrooms and 2 bathrooms, with a den being able to be converted into an office area. Located on a 6,000+ sq ft lot, there's ample space for both units and potential future development. New window, HVAC, Gate, Garage doors, Flooring(1st Floor), Vacant, which is good for the buyer to have more potential income, Ready-to-Move In condition, with a rental potential of at least $4,500, this property is a wise investment. Zoned LARD 1.5, it promises substantial value growth. The property has an Accessory Dwelling Unit (ADU) and benefits from RD 1.5 zoning, allowing for a great increase in value due to the possibility of creating 2 additional units! Located conveniently around the corner from Sunset Blvd, centrally located in Hollywood, close to De Longpre Park, Universal Studios, numerous restaurants, entertainment centers, malls, etc., Do NOT miss this golden opportunity!!!

Contact:

Team Y - TNG Real Estate

Property Subtype:

Apartment

Date on Market:

2025-08-04

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3743 Mclaughlin Ave

Los Angeles, CA 90066

• Investment Property
• Multifamily for Sale
• $5,020,200 CAD
• 7,380 SF

• Air Conditioning
• Kitchen
• Smoke Detector

Los Angeles Multifamily for Sale - West Los Angeles

Prime investment opportunity

Contact:

Everyday Real Estate Inc.

Property Subtype:

Apartment

Date on Market:

2025-08-02

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59 S Meridith Ave

Pasadena, CA 91106

• Investment Property
• Multifamily for Sale
• $4,601,850 CAD
• 4,952 SF

• Air Conditioning
• Private Bathroom
• 24 Hour Access
• Smoke Detector

Pasadena Multifamily for Sale

7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl. DOWNLOAD FULL MARKETING PDF VIA LINK: https://www.donaldlarealty.com/commercial/properties/59-s-meridith-ave-pasadena-ca-91106/

Contact:

ATLAS GROUP - EXP REALTY

Property Subtype:

Apartment

Date on Market:

2025-08-01

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6221 Corona Ave

Bell, CA 90201

• Investment Property
• Multifamily for Sale
• $3,277,075 CAD
• 4,801 SF

Bell Multifamily for Sale - Mid-Cities

Offered at $2,350,000, this fully renovated 7-unit multifamily property at 6221 Corona Ave presents a rare turnkey investment opportunity in a strong rental market. The asset consists of three separate buildings totaling 4,801 square feet on a spacious 10,435 SF lot, with all units comprehensively remodeled in 2025 to a modern standard. The unit mix includes one detached 2 bed/1 bath with a private yard, one 3 bed/2 bath, four 1 bed/1 bath units, and one ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.21% cap rate and a GRM of 12.36, with an average price of $335,714 per unit. With seven legal units spread across a low-maintenance layout, this is a perfect opportunity for investors seeking stable income, minimal deferred maintenance, and long-term upside. Whether you're expanding your portfolio or entering the multifamily space, 6221 Corona Ave is a standout value proposition in today’s market.

Contact:

LA Commercial, Inc.

Property Subtype:

Apartment

Date on Market:

2025-07-31

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JV Option/RCFE Development/RTI /27-51 Unit - 921 Manzanita St

Los Angeles, CA 90029

• Investment Property
• Land for Sale
• $3,346,800 CAD
• 0.17 AC Lot

Los Angeles Land for Sale - East Hollywood/Silver Lake

Price: $2,700,000 Total Units: 27 (expand to 31–33 by converting 2 common areas) or 51+ Units by combining with adjoining property owned by Seller (call for details) Current Structure: 2,297 SF duplex generating $96,000 gross income and $72,000 NOI annually Lot Size: 7,313 SF Entitlements: Fully RTI-approved for five-story RCFE; grading sign-off pending (expected within weeks) Construction Budget Estimate: $5,000,000 Timeline: 14 months from start to delivery Build Structure: Turnkey option available – seller (licensed contractor) will build post-closing under executed construction contract Financing: SBA 504 loan eligible; 15–20% down for qualified operators Pro Forma Highlights (based on approved 27-unit layout): Gross Income: $3,072,800 annually Projected NOI: $834,072 Annual Debt Service (Sample): $596,064 at 7.5% over 20 years Estimated Value at Stabilization: $9,267,467 (based on 9% cap rate) Down Payment Estimate: $1,540,000 (20% of $7.7M total project cost) Loan Estimate: $6,160,000 SBA loan This property offers multiple exit and use strategies. The buyer may proceed with the existing 27 Unit RTI plan, build to suit for another healthcare model, or purchase adjoining Seller property to expand Units to 51 (call for details). Common area conversion to increase occupancy can drive higher revenue at scale. Construction and entitlement risks have been eliminated. The offering delivers maximum flexibility with minimal operational risk and a fast path to project completion. All public utilities are in place. The approved plans include ADA-compliant parking, a commercial elevator, a landscaped courtyard, and high-efficiency residential systems. The boutique footprint ensures the operator can maintain high care standards without the operational complexity of larger institutional facilities. This makes it particularly well-suited for local or regional RCFE owners expanding into the high-end, concierge care segment. A comprehensive digital packet, proforma, and floor plans are available upon request. KW Commercial and My ALF Consultant are pleased to advise qualified buyers through contract, financing, and licensing considerations.

Contact:

KW Commercial

Property Subtype:

Residential

Date on Market:

2025-07-29

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6 Units+Plans 5 ADUs 5.75% Cap Upside to 9.5% - 2626 E Anaheim St

Long Beach, CA 90804

• Investment Property
• Multifamily for Sale
• $2,196,338 CAD
• 4,361 SF

• Kitchen
• Smoke Detector
• Wheelchair Accessible

Long Beach Multifamily for Sale - Long Beach: Downtown

Huge 250k Price Reduction! Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5.75% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 9.5% Cap Rate, 7.9 GRM, and only 192k/unit after taking into account all the construction costs (~546k assuming $200/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom | One-Bathroom residential units plus (2) well-established commercial tenants (mini-market & flower-shop) both of which have been at this location for many years and have expressed interest for continued tenancy for years to come. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Large lot with 7 parking spaces in the back with future development & ADU potential. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and brand-new windows in each unit. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets and modern countertops. The bathrooms boast new vanities and modern fixtures along with sleek bathtubs. Located in the heart of the vibrant Zaferia Design District, this well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, eclectic restaurants, bars, boutiques, galleries, and more. Located just minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Contact:

Kara Commercial

Property Subtype:

Apartment

Date on Market:

2025-07-23

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317 W Palmer Ave

Glendale, CA 91204

• Investment Property
• Specialty for Sale
• $1,811,456 CAD
• 3,500 SF

Glendale Specialty for Sale

Rare opportunity to obtain a very flexible space in the heart of bustling Glendale. This beautiful church property is a located on a quiet street in Glendale, just a half a block from shopping on Central Ave. Zoned for multifamily, the potential uses include a school, daycare, group living, multifamily units, a large single family home, a redevelopment play, or continue as a church. The options are up to you! The church includes the main sanctuary, a lobby with 2 bathrooms, a kitchen, a large dining/classroom area, and offices with an additional bathroom in the rear. There is also a large detached finished storage building that could be repurposed for any number of uses. This approximately 3000' main building sits on a large nearly 7300' lot. plus an approximately 500' detached storage building that could be perfect for a conversion to ADU, garage, or whatever you have in mind. Located on a quiet street within 1 block of shopping district.

Contact:

Real Broker

Property Subtype:

Religious Facility

Date on Market:

2025-07-18

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8 Units in NoHo with ADU Potential - 13226 Vanowen St

North Hollywood, CA 91605

• Investment Property
• Multifamily for Sale
• $3,486,250 CAD
• 4,794 SF

• Air Conditioning

North Hollywood Multifamily for Sale

Located at 13226 Vanowen St, North Hollywood, CA 91605, this 8-unit multifamily investment presents an exceptional value-add opportunity in one of Los Angeles’ most dynamic and transit-connected neighborhoods. The property is listed at a 5.06% Cap Rate (pro-forma 3 vacancies), with immediate upside through the conversion of four existing garages into three ADUs, projecting a 6.63% Cap Rate post-construction with a 7.58% pre-tax cash flow. The 3 vacancies are ready for lease-up. Recent capital improvements further enhance the property’s appeal and operational stability. Upgrades include new electrical panels and breakers, fresh landscaping, iron fencing and gates, exterior paint, modern lighting, and a security camera system. Additionally, the property has completed its seismic retrofit. The layout allows for the retention of 10 parking spaces even after the addition of ADUs, and there may be space to add 8 more parking spots along the side of the property, further increasing convenience for tenants. Strategically located in North Hollywood, the property benefits from proximity to the NoHo Arts District—a thriving cultural hub home to over 20 theaters, art galleries, and dance studios—and is less than a mile from the North Hollywood Metro Station, which is undergoing a $1 billion transformation through the District NoHo development. This 16-acre transit-oriented project will bring nearly 1,500 new housing units, 450,000 sq ft of office space, retail, and green public areas, injecting long-term growth into the submarket. With a 71 Walk Score, tenants enjoy the ability to walk to nearby shops, restaurants, entertainment, and transit. Contact us today to request the OM or schedule a private tour. **Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com** *Disclaimer: The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

Contact:

Kelly Morgan Multifamily Group

Property Subtype:

Apartment

Date on Market:

2025-07-17

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423 N Harvard Blvd

Los Angeles, CA 90004

• Investment Property
• Multifamily for Sale
• $5,647,725 CAD
• 11,797 SF

• Air Conditioning
• 24 Hour Access
• Kitchen

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

Kidder Mathews, as the exclusive listing agent, is proud to present a rare opportunity to acquire 423 N Harvard Blvd, a 16-unit value-add property ideally located in one of Los Angeles’ most vibrant and rapidly evolving neighborhoods. Situated at the intersection of Beverly Boulevard and Western Avenue, this asset is positioned within close proximity to Koreatown, Hancock Park, Larchmont Village, Hollywood, and Silver Lake—areas known for their high demand and consistent growth. Originally constructed in 1965, this two-story building spans approximately 11,797 square feet on a 14,373 square foot lot. The Property has been meticulously maintained and upgraded by the current owner, who has held the property for nearly 23 years, yet still offers substantial potential for further value enhancement. This asset is being sold with RTI (Ready to Issue) permits for four Accessory Dwelling Units (ADUs), presenting a significant opportunity to increase rental income (buyer to verify). 423 N Harvard Blvd offers investors a rare value-add opportunity with substantial upside potential. The property boasts a well-maintained unit mix of (10) one-bedroom, one-bath units, (3) two-bedroom, one-bath units, and (2) two-bedroom, two-bath units. Significant upgrades have already been made, including high-end finishes, modern flooring, remodeled kitchens with quartz countertops, new stainless-steel appliances, renovated bathrooms, new air conditioning units, ceiling fans, and extensive copper plumbing and electrical work. Additionally, the property features a recently installed roof and has completed the seismic soft-story retrofit. The on-site amenities include laundry facilities, secured entry, and 16 parking spaces—an especially valuable feature in this high-demand area. While the property has been thoughtfully upgraded, there remains ample opportunity to add value. A strategic renovation program, coupled with the potential for ADU development and the implementation of RUBS (Ratio Utility Billing Systems) to recapture utility costs, can drive significant rental income growth. 423 N Harvard Blvd is situated in one of Los Angeles' most desirable and rapidly appreciating submarkets. The Property is conveniently located near Larchmont Village, Hancock Park, Koreatown, Hollywood, and Silver Lake—some of the city's most coveted and sought-after neighborhoods. The area is brimming with top-tier restaurants, entertainment options, fitness centers, and shopping destinations, making it an attractive location for tenants. Given its prime location and the continued development of the surrounding area, 423 N Harvard Blvd offers investors an exceptional opportunity to capitalize on rental upside and value-add potential, ensuring long-term growth, appreciation, and strong returns.

Contact:

Kidder Mathews

Property Subtype:

Apartment

Date on Market:

2025-07-14

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7 Units | West Adams | Built 1961 - 5614 W Adams Blvd

Los Angeles, CA 90016

• Investment Property
• Multifamily for Sale
• $2,579,825 CAD
• 5,028 SF

• Kitchen

Los Angeles Multifamily for Sale - Inglewood/South LA

The LAAA Team of Marcus & Millichap is pleased to present 5614 W Adams Boulevard, a seven-unit multifamily offering located in one of Los Angeles’ fastest-growing submarkets. This investment combines stable in-place income, permitted renovation progress, rental upside, and long-term development potential—appealing to both value-add and buy-and-hold investors. Built in 1961 and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), the property consists of seven two-bedroom, one-bath units averaging 715 square feet. The 6,162-square-foot lot is zoned C2-1VL-CPIO, supporting by-right multifamily or commercial uses. Since acquisition in 2022, ownership has completed extensive capital improvements, including a new roof, major central plumbing upgrades, and a backflow water preventer. In 2024, ownership also completed landscaping, full exterior paint and re-stuccoing, and added a communal washer and dryer. Two units were fully renovated in 2024 with permits, featuring new double-pane windows, updated flooring, modern kitchen cabinetry, new appliances, in-unit washer/dryers, and mini-split HVAC systems. A third unit is currently vacant and down to the studs, with rough MEP inspections already passed and infrastructure in place for a washer/dryer, kitchen appliances, and mini-split HVAC—giving an investor the opportunity to complete the unit to their own design. In-place rents present approximately 18% upside through continued turnover and interior upgrades. Additional building features include upgraded plumbing and electrical systems, tankless water heaters, and a soft-story seismic retrofit with Certificate of Compliance issued in 2019. The property includes seven parking spaces—three covered and four uncovered. Located in a Tier 2 TOC and High Quality Transit Corridor, the site offers future development flexibility, including increased density, mixed-use entitlement, or detached ADUs. The lot configuration may support one or more ADUs without requiring a zone change or complex entitlement process. Just west of La Cienega Boulevard, the property is walkable to the La Cienega/Jefferson Metro Station, the Cumulus District, and Whole Foods, with close proximity to Culver City, USC, Kaiser Permanente, and Downtown LA. The West Adams corridor continues to attract strong renter demand fueled by its evolving retail, dining, and cultural landscape. 5614 W Adams Boulevard presents a rare blend of current cash flow, tangible value-add potential, and long-term development upside in a prime infill location.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-09

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6922 Glasgow Ave

Los Angeles, CA 90045

• Investment Property
• Multifamily for Sale
• $2,022,025 CAD
• 2,528 SF

Los Angeles Multifamily for Sale - Inglewood/South LA

Triplex in the trending Westchester neighborhood of Los Angeles! Currently one of the most sought after multifamily rental pockets due to recent major area development and in-place prime demographics which include an average household income of $90,782 within a 1-mile radius and a population of 830,616 residents and 321,000 employees within a 5 miles radius to draw upon. Ease of management unit mix: 1 bed 1 bath 750 sq. ft. |1 bed 1 bath 750 sq. ft. | 2 bed 1 bath 1,025 sq. ft. Clean building with large, updated units and well laid out floor plans with an emphasis on functionality and natural lighting. Tenants enjoy in unit washer/dryer and rear on-site garage parking. Neighborhood walk score of 83 highlighted by a 3-minute walk to the newly built Interchange at La Cienega Retail Center anchored by Amazon Fresh. 5-minute drive to Ralphs, CVS, Smart & Final, Starbucks, and Trader Joe's. 10-minute drive to Loyola Marymount University, Pepperdine University West Los Angeles Graduate Campus, Westfield Mall Culver City, The Promenade at Howard Hughes Center, Los Angeles International Airport, SoFi Stadium, Kenneth Hahn State Recreation Area, Ballona Creek Bike Path, and Dockweiler State Beach. Superior access to the 405 Freeway. Bonus upside/value add LAR3 zoning optional rear ADU or JADU add on project or full development.

Contact:

Avenue Realty Group

Property Subtype:

Apartment

Date on Market:

2025-07-07

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1931 West 35th Street - 1931 W 35th Pl

Los Angeles, CA 90018

• Investment Property
• Multifamily for Sale
• $1,812,849 CAD
• 4,930 SF

• 24 Hour Access
• Kitchen

Los Angeles Multifamily for Sale - Koreatown

2 Units will be delivered VACANT at closing. Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strongest rental markets. Spanning approximately 3,340 sq.ft. Livable Space sitting on just under 7,000 sq ft Lot Size Built in 1945. Significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. The property offers four 2-bedroom, 1-bath units each around 835 sq.ft. per unit. Centrally located near the Expo Line, minutes from major freeways and Downtown LA. All units are tenant occupied. Here are some key points on the property:Roof and Gutters: New roof, gutters and downspouts installed in 2020. Electrical: Complete gutting of electrical systems (wires, outlets, lights) with permits in all units, upgraded to current code and new Electrical panel upgraded in 2017. Water Heating: Two new water heaters installed in 2020, new expansion tanks, and water pressure regulator installed in 2017. Two new water heaters installed in 2025.Sprinkler System: New sprinkler system installed in 2021. Unit Renovations: Unit 1931 was gutted to the studs and renovated in 2017. New kitchens installed in units 1933 1/2 (2020), 1931 (2020), and 1933 (2024). All units have new laminate flooring in the bedrooms and common areas. Painted throughout exterior in 2024. Safety Features: Bars protecting gas meters installed in 2020. Security bars added to Unit 1931 with permits in 2021. Aesthetics and Maintenance: New paint on all iron gates and fences completed in 2024. Concrete parking stoppers 2020. Entire property received new stucco in 2024, with touch-ups done in 2025. Pest Control: Entire building tented for termites in 2017.

Contact:

Century 21 Allstars

Property Subtype:

Apartment

Date on Market:

2025-07-06

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10-u near Rose Bowl, 4houses, 2 ADU Drawing - 517 E Washington Blvd

Pasadena, CA 91104

• Investment Property
• Multifamily for Sale
• $5,299,100 CAD
• 8,340 SF

• Air Conditioning
• Controlled Access

Pasadena Multifamily for Sale

SELLER MAY CARRY! Pride-of-Ownership 10-unit (4 Houses & 2 Triplexes) on a large 21k SF R3 Zoned Lot, Excellent Unit Mix, Gated, Garage Parking, Drawing for 2 ADUs are included. Growth Investment Group California is proud to present MONTANO VILLAS, a 10-unit garden style apartment investment opportunity located in the City of Pasadena, CA. This exceptional property comprises 4 bungalows/houses and 2 triplexes and is situated on a large ±20,911sf R3 lot. This value-add investment opportunity provides savvy investors with high-quality assets in a strong Pasadena submarket with significant rental upside potential and future expansion opportunities. The ownership had completed many significant capital improvements: Some of the major improvements are recently replaced roofs, new Central A/C and heating in each unit, new double pane windows throughout. An initial drawing for 2 ADU units would be included in the sale. MONTANO VILLAS is a pride-of-ownership attractive two-story garden style gated community that was built in 1949. It has a total of 8,340 SF building size and is situated on a ±20,911 SF R3 lot size. It offers excellent curb appeal with manicured landscaping. The property has 4 patio homes with a semi-private porch and side yard. The 4 patio homes are all 2 bedrooms+1bathroom units complete with laundry hookups. Each patio home has a tiled shower + bathtub. The remaining 6 units consist of four (4) 2bedroom+1bathroom, and two (2) 1bedroom+1bathroom units. Each unit has central A/C and heating (installed in 2009), double pane windows, original hardwood flooring, stove, and refrigerator. Each of the 4 patio homes have a dishwasher. Each unit has an individual water heater and separately metered for electricity and gas. The property has two shared laundry rooms (machines are seller owned) and a large storage room. Parking is provided by a combination of 9 parking garages (with storage spaces) and several open space parking. Most tenants in this community are long time tenants that are on month to month and are due for rent increases. An additional significant rental upside can be realized when units turn in the future. LOCATION AMENITIES AND ACCESS The property is several blocks north of Old Town Pasadena. It is located east of Los Robles Ave and west of El Molino Ave. It is near the Rose Bowl area (Rose Bowl Stadium, Rose Bowl Aquatics Center, Kidspace Children Museum, and Brookside Golf Course), and just located across from a local Washington Park. It is within minutes from Old Town Pasadena, Playhouse District, The Paseo, and 210 freeway. It has a good demographic of $94,047 average household income within a-mile radius. It offers convenient access to the best amenities the City of Pasadena has to offer. The property has superb access to FWY 210 and 110 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.

Contact:

Growth Investment Group California

Property Subtype:

Apartment

Date on Market:

2025-06-30

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Price Adjustment! Low Price/unit and Price/sf - 1973-2015 W 22nd St

Los Angeles, CA 90018

• Investment Property
• Multifamily for Sale
• $3,904,600 CAD
• 12,816 SF

Los Angeles Multifamily for Sale - Koreatown

We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes four (2-bedroom, 1-bath) and fourteen (1-bedroom, 1-bath) units. The unique lot offers parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($155,556) and price per square foot ($218). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Apartment

Date on Market:

2025-06-25

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3915 Bluff Pl

San Pedro, CA 90731

• Investment Property
• Multifamily for Sale
• $2,091,750 CAD
• 5,318 SF

• Private Bathroom
• 24 Hour Access
• Kitchen

San Pedro Multifamily for Sale - Beach Cities/Palos Verdes

Million dollar view. Land value alone is 1M. Classic 3 level charmer. Original hard wood floors on upper levels. Lower level modernized flooring. Ideal owner operator starter. Whitewater views from all levels.

Contact:

Creative Resource Management

Property Subtype:

Apartment

Date on Market:

2025-06-25

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140 N Pass Ave

Burbank, CA 91505

• Investment Property
• Multifamily for Sale
• $2,928,450 CAD
• 4,077 SF

• Air Conditioning
• Kitchen
• Smoke Detector

Burbank Multifamily for Sale

Seller will carry the 1st loan with a minimum down payment of 20.00% with interest at 5.0% fixed for 5 years. Buyer can choose to pay the interest-only payment in the 1st 5 years. This can create a positive cash flow with a lower down payment. It is an exceptional Investment Opportunity in the Heart of Burbank This well-maintained 5-unit property features a desirable front owner’s unit and a two-story rear building with four additional rental units. Amenities include 5 garage parking spaces, plus one uncovered parking spot, and an on-site laundry room—ideal for both tenant convenience and an additional income potential. Perfectly located near Warner Bros. and NBC Studios and just 15 minutes from Universal Studios, the front unit is a prime candidate for owner-occupied or rent to the market, offering significantly higher revenue. The property underwent extensive renovations in 2022–2023, including a new roof on all units, garages, and new dual-pane windows in most units. Rent in all units is due to increase now, except one unit due on April 1, 2026. No rent control in Burbank, but the landlord has to follow state rent control guidelines. The new owner can increase additional revenue through separate charges for garage parking and storage, which were previously included in the base rent. With rent increases taking effect, coupled with low building expenses and minimal maintenance needs, this property has the potential to achieve a higher cap rate.

Contact:

KW Commercial Glendale

Property Subtype:

Apartment

Date on Market:

2025-06-24

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Graceland Apartments - 107-111 N Columbus Ave

Glendale, CA 91203

• Investment Property
• Multifamily for Sale
• $9,273,425 CAD
• 9,896 SF

• Air Conditioning
• Sprinkler System
• Private Bathroom
• 24 Hour Access
• Kitchen
• Smoke Detector

Glendale Multifamily for Sale

Graceland Apartments, located at 107 N Columbus Avenue, is a charming 13-unit historic American Four Square building just one block from the Glendale Americana. The current owner has made over $1 million in strategic capital improvements, including upgrades to the electrical system, plumbing, and roofing. Spanning two parcels, the property offers a diverse mix of units: two two-bedroom, one-bathroom units, six one-bedroom, one-bathroom units, and five studios. With spacious floor plans, many units have been meticulously restored to cater to the area's strong tenant demand. A RUBS (Ratio Utility Billing System) program has been implemented across all units, enhancing operational efficiency and enabling a sub-30% expense ratio for future owners. The property also includes 10 garages, currently generating rental income, with the potential to be converted into three two-bedroom, one-bathroom accessory dwelling units (ADUs), each approximately 700 square feet. These ADUs could add approximately $34,605 in annual rental income. By capitalizing on market rent increases and investing in ADU construction, a new owner could see an impressive return on cost of up to 333%. In addition, assumable financing is available. Nestled within walking distance to the Glendale Galleria, The Americana, and the bustling Downtown Glendale Business District, this apartment complex's location offers unparalleled convenience. With easy access to Highway 134, Route 2, and Interstate 5, commuting to Pasadena and Los Angeles is a breeze. Additionally, its proximity to Griffith Park provides a perfect blend of urban living and natural beauty.

Contact:

Dover Management Corporation

Property Subtype:

Apartment

Date on Market:

2025-06-20

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Renovated 10 Units + Plans 6 New - 6.5% Cap - 151 S Mountain Vw

Los Angeles, CA 90057

• Investment Property
• Multifamily for Sale
• $3,416,525 CAD
• 6,536 SF

• Air Conditioning
• 24 Hour Access
• Kitchen
• Smoke Detector

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

2nd Price Reduction! Renovated 10-unit building with plans for 6 additional units cash flowing at an amazing 6.5% Cap Rate from day 1 with upside to 9% Cap on Proforma. Preliminary plans to add 6 new units in the garages to achieve a remarkable 11% Current Cap Rate, 13.4% Proforma Cap Rate, and only 179k/door after taking into account all construction costs (~415k assuming $300/SF). All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. Plans for additional units in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 6 units have been fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

Contact:

Global Platinum Properties

Property Subtype:

Apartment

Date on Market:

2025-06-20

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2119 S Union Ave - 2119 S Union Ave

Los Angeles, CA 90007

• Investment Property
• Multifamily for Sale
• $2,126,613 CAD
• 6,671 SF

• Air Conditioning
• Kitchen

Los Angeles Multifamily for Sale - Koreatown

CASH COW! An exceptional opportunity to own a 6-unit private student housing property near the University of Southern California. Located within USC's Department of Public Safety Patrol Zone and Campus Cruiser area, this asset offers immediate income with a 6.9% CAP Rate. The property includes a renovated 4-unit building built in 1912 with one fully remodeled unit featuring new plumbing, HVAC, electrical, kitchen, baths, flooring, lighting, doors, windows, and upgraded main water line and electric panel. In addition, there is a brand new 2-story ADU built in 2024 with two 3-bedroom, 3-bathroom townhome-style units designed for student living with modern finishes and efficient systems. The property offers potential for up to 30 beds with double occupancy layouts and is within walking distance to USC Campus, Metro Line, USC Village, and Exposition Park, property located within DPS patrol zone and ride share program. the property is surrounded by strong student rental demand! This investment combines strong existing income with major upside through student unit conversions. Agent Remarks : For more information regarding showings please contact Michael Fukushima at (818) 321-6490 or Stephen Watson at (213) 446-3636. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Contact:

Total Realty Group

Property Subtype:

Apartment

Date on Market:

2025-06-03

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Massive Price Reduction | Submit Offers!!!!! - 14 Ozone Ave

Venice, CA 90291

• Investment Property
• Multifamily for Sale
• $5,571,028 CAD
• 4,675 SF

• Kitchen

Venice Multifamily for Sale - Marina Del Rey/Venice

MASSIVE PRICE REDUCTION! SUBMIT ALL OFFERS!!! CALL FOR OFFERS: SUBMIT ALL OFFERS BY SEPTEMBER 17TH BEFORE 5PM! 14 Ozone Avenue is a 6-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of Venice as the property is in close proximity to Venice Boardwalk and Beach, Abbott Kinney, Santa Monica Pier and much more. 14 Ozone Avenue offers (1) Studio/One-Bathroom apartment, (1) One-Bedroom/One-Bathroom apartment, and (4) Two-Bedroom/Two-Bathroom apartments, totaling an average of 779 square feet. The property has 11 parking spaces consisting of 4 double garages for 8 spaces plus 3 open spaces. Five units have undergone recent plumbing and electrical upgrades and have been renovated with modern features such as stainless-steel appliances, quartz countertops, hardwood floors, and white-tile backsplashes in both the kitchens and bathrooms. Five of the units also feature Juliet Balconies, and one of the top-floor units boasts its own private patio/deck, with four units offering picturesque ocean views. There is an opportunity for the buyer to increase rental income by strategically renovating the units and adding an ADU. The seller has received approval from the City of Los Angeles to convert one of the garages into a Studio ADU, pending approval from the Coastal Commission. The property also features a rare amenity for the area - a total of 11 on-site parking spots, which will be reduced to 9 after the ADU conversion.

Contact:

Northmarq

Property Subtype:

Apartment

Date on Market:

2025-06-03

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14216 Calvert St

Van Nuys, CA 91401

• Investment Property
• Multifamily for Sale
• $1,603,675 CAD
• 6,826 SF

Van Nuys Multifamily for Sale - Eastern SFV

*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by re-striping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors. Estimated ARV (6% Cap): ~$2,200,000 Refi Potential After ADU/Upgrades: ~$1,500,000 Average Annual Cash Return (5-Year): ~28% This is a rare chance to acquire a high-performing property with immediate rental upside, ADU potential, and transit-oriented growth in one of the Valley’s most dynamic rental markets. Contact us today to request the OM or schedule a private tour. **Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com** *Disclaimer: The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

Contact:

Kelly Morgan Multifamily Group

Property Subtype:

Apartment

Date on Market:

2025-05-29

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Echo Park DUPLEX- C-2 zoning- VACANT - 1508 Glendale Blvd

Los Angeles, CA 90026

• Investment Property
• Land for Sale
• $1,101,655 CAD
• 0.12 AC Lot

Los Angeles Land for Sale - East Hollywood/Silver Lake

Marcus & Millichap is pleased to offer a development site located on a 5300 SF lot at 1506-1508 N. Glendale Boulevard in the city of Echo Park. The property sits just near the intersection of Scott Avenue and Alvarado and backs to Liberty Street. The site is currently improved with a 1153 SF duplex consisting of one bedroom/one bathroom units with a shared laundry room. Both the exterior and interior are in need of renovation. The property is being sold for land-value. 1506 Glendale Boulevard provides a unique opportunity for a developer to acquire a C2-IVL mixed use zoned property on a major and popular thoroughfare in Echo Park. The base density permitted is 13 units, however, the property will benefit from the Transit-Oriented Community Incentive (TOC-Tier 2), potentially allowing up to 22 units. Further density may be available under the State Density Bonus program for affordable projects. The property qualifies for ED1 expedited and streamline processing for 100% affordable projects. The property is in an Enterprise zone which allows for special exemptions and favorable tax treatment. This is a great opportunity for an investor to develop in one of the trendiest neighborhoods in all of Los Angeles. The area’s proximity to major employment centers combined with its dining scene, recreational and cultural amenities have made Echo Park an increasingly desirable place to live. The area has seen significant residential development activity, fueled by increasing demand and zoning that supports mid-density infill. The area’s high occupancy rate and the low homeownership rate shows the robust demand for rental properties. This healthy and continuous demand has helped boost asking rents which are expected to continue their upward climb.

Contact:

Marcus & Millichap

Property Subtype:

Commercial

Date on Market:

2025-05-13

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