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1274 S Beverly Glen, Los Angeles
$2,799,000
PW26177305 MLS ⋅ Active Status
A 4-unit residential building totaling 5,529 square feet of living space on a 7,935 square foot lot, offering 7 bedrooms and 8 bathrooms across four units in one of the most coveted and supply-constrained submarkets on the Westside. The neighboring building is also available for sale, presenting an exceptional opportunity to acquire two contiguous properties in a premier Westwood location. Situated just 2.1 miles from UCLA and moments from Westwood Village, the property benefits from one of the most durable tenant pools in Los Angeles. Westwood is bordered by Beverly Hills, Bel Air, Brentwood, and Century City, placing this asset at the geographic center of the most affluent residential corridor in Southern California. The Hammer Museum, Geffen Playhouse, and the shops and restaurants of Westwood Village are all within easy reach. Whether held as a long-term income asset or explored for its repositioning potential, this building and its neighbor represent exactly the type of Westside opportunity that sophisticated investors move quickly to acquire. Some images in this listing have been digitally altered.

1274 S Beverly Glen, Los Angeles

1741 S New England Street, Los Angeles
$849,900
DW26176904 MLS ⋅ Active Status
Exceptional multifamily opportunity in a central Los Angeles location, offering current income potential with future value-add possibilities. This 4-unit property features two separate buildings with a desirable unit mix. The front building offers a 2BR/2BA and 1BR/1BA, while the rear building features a spacious 3BR/1BA upstairs and 1BR/1BA downstairs. Two attached 1-car garages may offer potential for ADU conversion or additional development, subject to City approval. Zoned RD1.5 with possible future upside for an investor or developer. Centrally located near Downtown LA, Crypto.com Arena, L.A. Live, USC, major employment and entertainment hubs, with convenient access to the 10 and 101 freeways. May be an attractive option for investors seeking a replacement property for a 1031 exchange. Buyer to independently verify zoning, permits, unit configuration, ADU feasibility, development potential, and all property information.

1741 S New England Street, Los Angeles

316 E PLYMOUTH, Inglewood
$1,499,000
IN26166747 MLS ⋅ Active Status
THIS FOURPLEX HAS 5 BEDROOM 5 BATH LOCATED IN NORTH INGLEWOOD CA. NEAR DOWNTOWN INGLEWOOD AND KIA FORUM, SOFI STADIUM, AND THE INTRUSIT DOME. THE FRONT HOUSE IS A 2 BEDROOM ,1 BATH WITH LARGE BEDROOM AND LARGE BATHROOM, THEIR IS A SFR 1 BEDROOM 1 BATH UNIT BEHIND THE MAIN HOUSE WITH CARPORT, ALSO TWO UPSTAIRS BOTH 1BEROOM 1 BATH OVER A 2 CAR GARAGES.AND THERE IS MORE TO OFFER!PROPERTY ALSO HAS ADDITIONAL STORAGE SPACE THAT IS NEXT TO THE 2 CAR GARAGE, ONCE USED AS A ADU BY THE PRE 1976 OWNER/SELLER.THIS SELLER CONVERTED BACK TO A STORAGE SPACE.COULD BECOME AN ADU 2026! PROPERTY SITUATED ON 9,983 SQ. FT LOT WITH 3,028 LIVING SPACE THIS IS A GREAT TO INVEST IN A HIGH DEMANED RENTAL AREA FRONT SINGE FAMILY HOME WILL BE VACANT AT CLOSE ESCROW.ADJACENT TO CULVER CITY , MARINA DEL REY, AND SANTA MONICA JUST MINUTES AWAY. GREAT FOR FIRST TIME INVESTOR AND BUILDERS INVESTORS.

316 E PLYMOUTH, Inglewood

1250 Manhattan Beach, Manhattan Beach
$3,045,000
PW26176556 MLS ⋅ Active Status
1250 Manhattan Beach Boulevard is a turnkey fourplex in sought-after Manhattan Beach, California. This offering presents an exciting opportunity to acquire a thoughtfully renovated asset loaded with quality upgrades and amenities in a strong coastal submarket. 1250 Manhattan Beach Boulevard features a mix of one three-bed/two-bath and three one-bed/one-bath units. All units have been remodeled with brand new kitchens, new baths, in-unit laundry, LVP flooring, new vinyl windows, new water heaters, and more. This asset’s extensive recent capital improvements list also includes a new roof, updated plumbing and electrical, and additional thoughtful upgrades to support ongoing property operations and support rental demand. The property is located just one mile from the Manhattan Beach Pier, offering tenants easy access to the beach, dining, and retail (Target is less than a block away). This area boasts a strong tenant base: the average household income within one mile is over $216,000. This asset’s extensive list of recent upgrades make it a pride-of-ownership asset and an excellent acquisition opportunity for any investor looking for a turnkey South Bay asset.

1250 Manhattan Beach, Manhattan Beach

2118 Carnegie, Redondo Beach
$3,045,000
PW26176519 MLS ⋅ Active Status
Marcus & Millichap is pleased to present the opportunity to acquire a turnkey fourplex in Redondo Beach, a coastal South Bay submarket with consistent rental demand and convenient access to beaches, retail, dining, and major freeways. The property has been extensively remodeled and offers a strong unit mix consisting of one four-bedroom/three-bathroom unit, two two-bedroom/two-bathroom units, and one two-bedroom/one-bathroom unit. Current rents provide approximately nine percent rental upside, offering investors an opportunity to increase income through future lease turnover. 2118 Carnegie Lane features completely remodeled interiors with vinyl plank flooring, quartz countertops, stainless steel appliances, updated cabinetry, modern fixtures, and stacking laundry units. The property also boasts rooftop decks, garages with EV charging capability, storage, security features, a new roof, repaved driveway, and more. This offering presents an opportunity to acquire a pride-of-ownership asset in a highly desirable coastal rental market.

2118 Carnegie, Redondo Beach

263 Corona Avenue, Long Beach
$2,395,000
PW26175724 MLS ⋅ Active Status
263 Corona Avenue is a unique 4-unit apartment property located in the highly desirable Belmont Park neighborhood of Long Beach. The property features approximately 4,312 square feet of living area on an 8,104-square-foot lot and stands out for its exceptionally large units, residential setting, and proximity to the coast. The property offers a unique unit mix consisting of (1) 2-bed/1-bath unit with a den, (1) oversized 1-bed/1.5-bath unit, and (2) 1-bed/1-bath units. Two of the apartments are particularly spacious at approximately 1,450 and 1,550 square feet, offering layouts and living space rarely found in a 4-unit property. The rear 1bed/1.5 bath unit served as the owner's residence for many years and has been renovated and finished more like a private home than a typical rental unit. It features high ceilings, a high-end kitchen with Viking appliances, a central stereo system with built-in speakers throughout the interior and outdoor areas, and an expansive primary suite with a large walk-in closet. The primary bathroom includes a Jacuzzi tub, separate shower, dual sinks, and additional custom finishes. The property has been well maintained and improved over the years, with additional features including upgraded kitchens and bathrooms, hardwood flooring, vaulted ceilings, copper plumbing, and ducted HVAC in the downstairs units. Two 2-car garages provide four garage parking spaces, while private outdoor areas and a hardscaped patio further enhance the property's residential feel.

263 Corona Avenue, Long Beach

1982 S Garfield, Monterey Park
$1,680,000
CV26168292 MLS ⋅ Active Status
**VALUE-ADD 4-UNIT INVESTMENT OPPORTUNITY IN MONTEREY PARK!** Fully occupied and income-producing, this multifamily property offers investors **stable in-place tenancy, rental upside, and long-term portfolio potential**. The property does need some TLC, creating an opportunity to improve the asset over time while potentially increasing rental income toward current fair-market levels. A standout feature is the **ample parking and multiple covered garage spaces**, along with an **on-site laundry room**. Unit A offers its own laundry and private driveway; Unit D features a private second-level balcony; and Units B and C each have a fenced front patio for added privacy. Conveniently located near **Elder Park, Edison Trails, local schools, and the 60 Freeway**, providing easy access to nearby amenities and major transportation routes. An attractive **value-add opportunity** for investors seeking an occupied four-unit property with desirable parking, existing rental income, and future income-growth potential in Monterey Park.

1982 S Garfield, Monterey Park

1457 W 52nd, Los Angeles
$895,000
SB26168325 MLS ⋅ Active Status
2 Duplexes on 1 Lot! 1457 W 52nd St is a fully renovated, 100%-occupied four-unit investment in the Vermont Square pocket of South LA - a ~6,000 SF corner parcel holding two matching duplexes, each with a pair of 1-Bed/1-Bath units finished with new flooring, updated kitchens, a new roof, and all-new plumbing. Every unit is leased today at a current cap rate of 6.54%, generating approximately $57,678 in annual net operating income (about $4,807 a month before financing costs). The property currently operates at a strong 6.54% cap rate and an 11.11 GRM, offering a rare combination of healthy in-place income and future value-add potential. Expenses stay lean: ownership covers only water and sewer, while tenants handle gas, electric, and reimburse the city's SCEP/RSO fees directly. At $895,000, the property offers a strong entry pointfor a first-time investor and an easy addition to a growing portfolio alike. USC, Exposition Park, and Downtown LA are all close by, with easy access to the I-10, I-110, and I-405.

1457 W 52nd, Los Angeles

2441 Cedar Avenue, Long Beach
$1,100,000
SB26171308 MLS ⋅ Active Under Contract Status
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.

2441 Cedar Avenue, Long Beach

2801 Jeffries, Cypress Park
$2,000,000
SR26172134 MLS ⋅ Active Status
Live in one unit and rent out the other three! Exceptional opportunity to own a beautifully renovated four-unit property in the heart of Cypress Park, offering an ideal blend of historic charm and modern construction. The front California Craftsman has been thoughtfully renovated and features three well-designed residences: an approximately 810 sq. ft. one-bedroom, one-bath unit, an approximately 835 sq. ft. two-bedroom, two-bath unit, and a spacious approximately 915 sq. ft. two-bedroom, two-bath unit. Completing the property is a recently constructed, detached approximately 840 sq. ft. ADU featuring two bedrooms and two baths, offering contemporary design and exceptional flexibility. Whether you're looking to offset your mortgage by generating rental income, expand your investment portfolio, or explore future TIC (Tenant-in-Common) opportunities (Buyer to verify), this versatile property offers multiple strategies to fit your goals. Each residence has been tastefully updated with modern finishes while preserving the timeless character of the California Craftsman. Ideally located in the vibrant Cypress Park neighborhood, you're just minutes from Highland Park, Downtown Los Angeles, Dodger Stadium, the LA River bike path, and an eclectic mix of popular restaurants, cafés, breweries, and neighborhood shops. This turnkey income property offers a rare combination of a beautifully renovated Craftsman, a recently constructed detached ADU, and an exceptional Northeast Los Angeles location. Buyer and Buyer's Agent to independently verify all information, including square footage, permits, unit configuration, zoning, rental potential, and intended use.

2801 Jeffries, Cypress Park

2801 575-581 Jeffries Unit 1-4, Cypress Park
$2,000,000
7 Beds ⋅ 7 Baths ⋅ SR26171977 MLS ⋅ Active Status
Live in one unit and rent out the other three! Exceptional opportunity to own a beautifully renovated four-unit property in the heart of Cypress Park, offering an ideal blend of historic charm and modern construction. The front California Craftsman has been thoughtfully renovated and features three well-designed residences: an approximately 810 sq. ft. one-bedroom, one-bath unit, an approximately 835 sq. ft. two-bedroom, two-bath unit, and a spacious approximately 915 sq. ft. two-bedroom, two-bath unit. Completing the property is a recently constructed, detached approximately 840 sq. ft. ADU featuring two bedrooms and two baths, offering contemporary design and exceptional flexibility. Whether you're looking to offset your mortgage by generating rental income, expand your investment portfolio, or explore future TIC (Tenant-in-Common) opportunities (Buyer to verify), this versatile property offers multiple strategies to fit your goals. Each residence has been tastefully updated with modern finishes while preserving the timeless character of the California Craftsman. Ideally located in the vibrant Cypress Park neighborhood, you're just minutes from Highland Park, Downtown Los Angeles, Dodger Stadium, the LA River bike path, and an eclectic mix of popular restaurants, cafés, breweries, and neighborhood shops. This fantastic income property offers a rare combination of a beautifully renovated Craftsman, a recently constructed detached ADU, and an exceptional Northeast Los Angeles location. Buyer and Buyer's Agent to independently verify all information, including square footage, permits, unit configuration, zoning, rental potential, and intended use.

2801 575-581 Jeffries Unit 1-4, Cypress Park

9309 S Western Avenue, Los Angeles
$995,000
SB26171343 MLS ⋅ Active Status
9309 S. Western Ave presents an exceptional opportunity to acquire a well-performing 4-unit bungalow-style multifamily property in Los Angeles, offered at $995,000. The property is currently generating a strong 8.00% cap rate and 9.33 GRM, with pro forma rents reflecting approximately 26.02% upside in scheduled rental income. Three of the four units are occupied by Section 8 tenants, providing stable, reliable rental income backed by the housing assistance program. Built in 1943, the property consists of approximately 2,560 square feet of improvements situated on a 5,704 square foot lot, equating to just $388 per square foot. The property features four bungalow- style two-bedroom, one-bathroom units, offering residents added privacy and a highly desirable living arrangement, along with four on-site parking spaces. Ideally located in Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, government-backed rental income, significant rental upside, and an attractive bungalow-style layout, 9309 S. Western Ave offers investors a compelling opportunity in a consistently strong rental market.

9309 S Western Avenue, Los Angeles

2152 E Washington, Pasadena
$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

2722 Grand Canal, Los Angeles
$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

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

421 N Rose, Long Beach
$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

2409 Inglewood Ave., Redondo 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

267 W OFarrell Street, San Pedro
$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

14127 Colorado Ave, Paramount
$1,380,000
DW26167872 MLS ⋅ Active Status
FOUR DETACHED SINGLE-FAMILY RESIDENCES IN PARAMOUNT! This investment property offers an excellent opportunity for both investors and owner-occupants. One unit is currently vacant, providing the perfect chance for a buyer to move in while generating rental income from the other three tenant-occupied units. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding potential. Ideally situated near grocery stores, shopping centers, restaurants, schools, parks, public transportation and everyday conveniences, the property also offers quick access to several major freeways, making commuting throughout Los Angeles and Orange County convenient. In addition, this property offers flexibility of immediate owner occupancy. This is a rare opportunity you won't want to miss!

14127 Colorado Ave, Paramount

1943 Estrella Avenue, Los Angeles
$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

521 W 16th, San Pedro
$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

616 N Mariposa Ave Avenue, Los Angeles
$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

715 719 ½ W 78th, 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

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.