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Roseann Oesterreich, CRS, GRI

Los Angeles CA Real Estate & Commercial for Sale

259 Properties Found

The median home value in Los Angeles, CA is $1,200,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Los Angeles, CA is $1,200,000. Approximately 45.51% of Los Angeles homes are owned, compared to 47.38% rented, while 5.3% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Los Angeles real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
3,200
Status:
NEW LISTING
MLS#:
25531479
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1972
Listing Agent: Jonathan Waud CalDRE: 02050666 - Keller Williams Studio City
View additional info

Prime Location Multi-Use LIVE WORK Space in the heart of Venice corridor. Come tour this ultimate man cave. The building has been newly refreshed inside & out. Drive into the ample parking gravel driveway flanked with drought tolerant landscaping. The storage bays have polished concrete floors, LED lights and a bathroom. Upstairs has a new studio with full bathroom and kitchenette. The property comprises of 2,000 sqft of mixed use commercial with a 700 sqft studio above. Contact LA1 Jonathan Waud (310) 951-3405 or LA2 Dougal Murray (310) 880.0751 for all showings.

Beds:
n/a
Baths:
Sq.Ft.:
4,218
Status:
NEW LISTING
MLS#:
RS25091218
Type:
Multi-Family, Business Opportunities
Lot size:
0.15 Acres
Year built:
1924
Listing Agent: Rekha Mehta - Realty Executives Select, 5628109962
View additional info

This Multifamily 6 Units Investment Property is a great turn-key Investment. The subject property is comprised of 6 individual bungalow style units. Each unit consists of 1 Bedroom, 1Bathroom.The Property is 100% tenant Occupied. It was built in 1924, and is fully remodeled throughout in 2020. The total living area comprises of 4218 rentable square feet. There are separate meters for gas and electricity, which is paid by the tenants. Cash flow to the property is very good, and expenses are very light as tenants pay for trash, gas and electricity. The property is located at a very desirable location, situated less than a mile from the University of Southern California, west of 110 freeway between Normandie and Western.

Beds:
n/a
Baths:
Sq.Ft.:
1,722
Status:
NEW LISTING
MLS#:
DW25089736
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1948
Listing Agent: Jacob Klimenko CalDRE: 02236520 - The Real Estate Store Inc., 562-325-1157
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Owner/Investors Dream! Framing, rough plumbing, and electrical have all been completed! Insulation, dry wall, and a few items will make it brand NEW! Presenting a unique opportunity to acquire a commercial property currently under renovation, located in a highly desirable area in the Hyde Park Neighborhood of Southwest Los Angeles directly adjacent to the city of Inglewood which is minutes away from the Hollywood Complex, home of SoFi Stadium, YouTube Theater, Kia Forum and Intuit Dome! This versatile building features convenient rear parking in addition to ample street parking for clients and visitors. What sets this property apart is its adaptability and potential for value-add improvements. With permitted plans in place and flexible layout options, the buyer has the opportunity to complete the space to suit a variety of business needs! Situated near the future Crenshaw/LAX Transit Corridor an 8.5-mile light rail line under development along Crenshaw Boulevard this location is poised for increased accessibility and pedestrian traffic, significantly enhancing its long-term investment potential. Dont miss this rare opportunity to acquire and transform a prime commercial asset adding to your portfolio!

Beds:
n/a
Baths:
Sq.Ft.:
3,540
Status:
NEW LISTING
MLS#:
25528785
Type:
Mixed Use, Business Opportunities
Lot size:
0.22 Acres
Year built:
1912
Listing Agent: Christian Crane - Nest Seekers
View additional info

This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.

Beds:
n/a
Baths:
Sq.Ft.:
6,274
Status:
NEW LISTING
MLS#:
SR25091500
Type:
Industrial, Business Opportunities
Lot size:
0.25 Acres
Year built:
1935
Listing Agent: Edgar Koenig - Ed Koenig IRE, 818-755-8088
View additional info

Located on the highly trafficked Olympic Blvd, at the corner of Olympic and Dacotah, this industrial building spans 6,274 square feet and is currently occupied by a Transmission Shop. The building includes a reception area, a private office, and a single restroom. Additionally, it features three rollup doorsone facing Olympic Blvd and two facing Dacotah Street. The property sits on an 11,102 square foot lot with alley access, providing ample room for storage and parking. This property is ideal for an owner user business. Located in Boyle Heights Close to major transit routes Spacious Lot Size Room for expansion or additional facilities and alley access. Versatile Usage Potential Manufacturing, machine shop, printing, or storage Three rollup doors, 8 and 10 / Three Phase Electric Power (to be verified by buyer). Please note that the adjacent building, across the alleyway, located at 3101 E 11th Street, is also available for purchase.

Beds:
n/a
Baths:
Sq.Ft.:
5,410
Status:
NEW LISTING
MLS#:
SR25091440
Type:
Industrial, Business Opportunities
Lot size:
0.23 Acres
Year built:
1954
Listing Agent: Edgar Koenig - Ed Koenig IRE, 818-755-8088
View additional info

This exceptional property is situated in the heart of the Boyle Heights industrial area. The 5,410 square foot building, positioned at the corner of 11th Street and Dakota Street, is ideal for an owner-user. Currently, it houses a Transmission Shop, which specializes in rebuilding transmissions, lease is set to expire this year in August 2025. The interior features approximately 500 square feet of office space along with a restroom, while the remaining area serves as warehouse/workshop space. The building boasts three roll-up doorstwo facing 11th Street and one facing the alleyway. Additionally, the expansive lot provides ample storage space and off-street parking. Close to major transit routes, spacious lot, room for potential expansion or additional facilities, alley access. Versatile Usage Potential Manufacturing, machine shop, printing, or storage Three rollup doors, 8 and 10 | Three Phase Electric Power (to be verified by buyer). It is noteworthy that the adjacent building, located at 3100 E Olympic Blvd across from the alleyway, is also available for purchase.

Beds:
n/a
Baths:
Sq.Ft.:
4,402
Status:
NEW LISTING
MLS#:
IV25090152
Type:
Land, Business Opportunities
Lot size:
0.1 Acres
Listing Agent: ROBERT WATKINS CalDRE: 01459483 - RE/MAX TIME REALTY, 909-205-5848
View additional info

Located in one of Los Angeles' most dynamic commercial corridors, this expansive parcel offers an exceptional opportunity for developers and businesses seeking strategic access to key freeway networks. Situated near the intersection of the 110 and 105 Freeways, this land boasts unparalleled connectivity to Downtown Los Angeles, LAX, and surrounding areas.Key Features:Two lots being sold togetherZoning: C2Location: Conveniently located at the heart of Los Angeles.Access: Excellent proximity to major transportation routes with direct access to both the 110 and 105 Freeways, offering easy transit to regional hubs, retail centers, and airports.Visibility: High visibility with a prime location along major traffic corridors, ideal for retail, office, or industrial developments.Adjacent Amenities: Surrounded by retail, restaurants, hotels, and large-scale commercial developments. Close to public transportation options and a short drive to LAX and key business districts.Dont miss the chance to invest in a highly desirable location with endless potential for growth and success.For more information contact Robert Watkins

Beds:
n/a
Baths:
Sq.Ft.:
1,619
Status:
NEW LISTING
MLS#:
PW25090450
Type:
Mixed Use, Business Opportunities
Lot size:
0.17 Acres
Year built:
1923
Listing Agent: Kristin Santos CalDRE: 02132407 - Century 21 Discovery, kristinjs21@gmail.com
View additional info

This piece of land offers 7,475 square feet of abundant potential, making it an ideal opportunity for developers and investors. Located in a vibrant area with great accessibility, this property boasts an unobstructed view of Downtown Los Angeles and the iconic Sixth Street Bridge.

Beds:
n/a
Baths:
Sq.Ft.:
8,080
Status:
NEW LISTING
MLS#:
25529379
Type:
Mixed Use, Business Opportunities
Lot size:
0.14 Acres
Year built:
1966
Listing Agent: Lilian Han CalDRE: 02033985 - Dream Realty & Investments Inc
View additional info

This is a distinct property in Koreatown with a mix of residential, office, and commercial units. The front of the property features 3 commercial retail units with one current vacancy, giving a new owner flexibility to add a tenant. The second level of the front building has 3 offices with two current vacancies. One of the larger spaces could potentially be separated into additional units. The rear of the property includes a 4 unit apartment building with all units currently occupied. Great opportunity for property that currently generates a mix of income streams and an additional opportunity for growth with new tenants or development.

Beds:
n/a
Baths:
Sq.Ft.:
11,472
Status:
Active
MLS#:
25529625
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1930
Listing Agent: Timothy Agee CalDRE: 01292289 - West Shores Realty, Inc.
View additional info

Has been fully occupied for the last ten years until recently. Easy access to the freeways and USC. A quiet building with long term tenants.

Beds:
n/a
Baths:
Sq.Ft.:
23,437
Status:
Active
MLS#:
SR25089509
Type:
Industrial, Business Opportunities
Lot size:
1.18 Acres
Year built:
1957
Listing Agent: Cynthia Burts - Burts & Associates, 310-308-8003
View additional info

CALL FOR OFFERS 5/6/2025 - SHORT SALE $1,000,000 PRICE REDUCTION CONTRACTOR SPECIAL - VALUE ADD OPPORTUNITYThe building requires a full renovation, including electrical, interior, and exterior upgradesperfect for buyers seeking a customizable space with strong upside potential. Zoned for industrial, manufacturing, or general commercial use, the property offers endless possibilities for repositioning. This is a short sale currently in negotiations; all offers are subject to lender approval. Dont miss this rare chance to acquire a strategically located asset at a significant discount.Incredible value-add opportunity in a high-traffic, high-visibility corner location near major freeways, LAX, and the Port of Long Beach. This industrial/manufacturing/commercial property is well-suited for contractors, developers, or owner-users ready to redesign and renovate to their specifications. The existing structure includes a large warehouse with high ceilings, (2) dock-high loading docksone capable of servicing two trucks simultaneouslyand (2) exterior roll-up doors. Ample on-site parking adds further appeal for logistics and operational flexibility.

Beds:
n/a
Baths:
Sq.Ft.:
5,666
Status:
Active
MLS#:
SR25089499
Type:
Mixed Use, Business Opportunities
Lot size:
0.12 Acres
Year built:
1905
Listing Agent: Rosi Agopian - Beverly and Company, 818-371-2656
View additional info

Location! Location! Location! This property is a mixed-use building with 7 units. Located at the corner of Temple Street and Rosemont Avenue in the 90026 zip code area of Los Angeles, which is known for its trendy and diverse neighborhoods such as Silverlake and Echo Park. The mixed-use building is conveniently situated near public transportation with several bus lines that run in the general vicinity of this address. The property can be used for both residential and commercial purposes, which makes it a unique investment opportunity for those looking to generate rental income. This area is undergoing a significant transformation with new construction condominium developments, which increase the property values and potentially even new businesses or amenities. Less than 3 miles distance from Downtown Los Angeles. Easy access to Fwy entrance!

Beds:
n/a
Baths:
Sq.Ft.:
35,892
Status:
Active
MLS#:
SB25089411
Type:
Mixed Use, Business Opportunities
Lot size:
0.33 Acres
Year built:
1924
Listing Agent: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc., 310-259-7556
View additional info

Seller financing available at 4% IO with 40% Down! 1262 Fedora St is a 43-unit mixed use building located in the Pico Union neighborhood. Thismassive 35,982 sqft building is offered at only $128k/unit and $153/sqft. The property is currently operating at a 6.73% CAP and 8.36 GRM. There isstill over 39% upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

Beds:
n/a
Baths:
Sq.Ft.:
4,382
Status:
Active
MLS#:
TR25081729
Type:
Office, Business Opportunities
Lot size:
0.16 Acres
Year built:
1946
Listing Agent: Tess Marquez - Century 21 Masters, 626-712-5156
View additional info

NEW OPPORTUNITY IN PRIME, HIGH-DEMAND BOYLE HEIGHTS!! FEATURING FREE-STANDING OFFICE STRUCTURE TOTALING APPROXIMATELY 4,382 SF ON A 7,001 SF LOT, THIS VERSATILE PROPERTY OFFERS VALUE AND FLEXIBILITY FOR INVESTORS OR OWNER-USERS ALIKE. THIS IS ZONED FOR LIGHT MANUFACTURING, COULD BE USED FOR RETAIL, RESTAURANT, MECHANICS, GYM. PLEASE VERIFY WITH THE CITY FOR ITS USE. THERE ARE 3 UNITS, ALL ARE OCCUPIED WITH TENANTS. CURRENTLY INCOME-PRODUCING, THIS IS A RARE OPPORTUNITY TO SECURE A STRATEGIC COMMERCIAL ASSET IN ONE OF LAS MOST ACTIVE AND EVOLVING NEIGHBORHOODS.BUYERS ARE TO DO DUE DILIGENCE TO APPROX. SQFT., PERMITS NEIGHBORHOOD & CONDITIONS. DEEMED RELIABLE BUT NOT VERIFIED. DON'T MISS THIS OPPORTUNITY TO OWN IN BOYLE HEIGHTSAVAILABLE NOW AND PRICED TO MOVE!!!

Beds:
n/a
Baths:
Sq.Ft.:
19,425
Status:
Active
MLS#:
SB25084890
Type:
Multi-Family, Business Opportunities
Lot size:
0.44 Acres
Listing Agent: John Stiegler II - Lyon Stahl Investment Real Estate, Inc., 310-447-2213
View additional info

We are proud to present 1451 W 105th St, Los Angeles a rare, family-owned asset held for over 51 years, located in a designated Opportunity Zone. This well-maintained, 18-unit apartment building features all townhome-style units, including seventeen (17) 2-bedroom, 1.5-bath units and one (1) spacious 3-bedroom, 2.5-bath unit. Originally built in 1963, the property encompasses 19,425 square feet and sits on a generous 19,063 square foot lot. Recent upgrades include a modern video security system and the completion of a soft-story seismic retrofit. Residents enjoy well- designed, spacious units, onsite laundry facilities, and secure underground parking. With strong in-place rental income and approximately 30% rental upside, this property offers an exceptional value-add opportunity for investors. Ideally located just 2 miles from a Metro Rail stop, near major shopping centers, and minutes from the newly developed Hollywood Parkhome to the NFL and NBA stadiumsthis location combines convenience with long-term growth potential. Bonus Opportunity: The adjacent lot at 1455 W 105th St is also available for sale. Listed as land for $1,275,000 $66.86/ft), this 19,068 square foot parcel is situated in an Opportunity Zone and presents significant potential for affordable housing development.

Beds:
n/a
Baths:
Sq.Ft.:
5,783
Status:
Active
MLS#:
SB25086482
Type:
Business Opportunities, Warehouse
Lot size:
0.32 Acres
Year built:
1942
Listing Agent: Michael Millea - Lyon Stahl Investment Real Estate, Inc., 310-233-2800
View additional info

NEW LOWER PRICE: Older Industrial property in Downtown L.A. located at 3400, 3406 and 3410 Union Pacific Ave. in 90023 Zip code. Property consists of 3 side-by-side parcels. Total building sq. footage is 5,783 Sq. ft. and built in 1930, 1942 and 1947The rectangular shaped site is comprised of three contiguous rectangular parcels totalling 13,990 square feet. Property is zoned LAM3. New Roofs installed within the last 6 months.Rent is $4,400/mo. Last rent increase 9/1/23.3410 Union Pacific does not currently have electricity and is used for storage for 3406 Union Pacific.There is a discrepancy between public records and the on-site measurement of the subject building improvements. While public records indicate the subject to be a cumulative 10,094 square feet, the on-site measurement revealed the subject to only be 5,783 square feet. The nature of this discrepancy appears to be attributable to public records inclusion of a large 4,000+ square foot storage space covered with corrugated metal roofing the back southeastern part of the Property . Two Phase 200 ampsUnder current zoning the subject property is required to have 20 on-site parking spaces and is considered legal non-conforming with only six spaces.Seller will respond to all offers.

Beds:
n/a
Baths:
Sq.Ft.:
2,440
Status:
Active
MLS#:
SB25086491
Type:
Retail, Business Opportunities
Lot size:
0.13 Acres
Year built:
1947
Listing Agent: Michael Millea - Lyon Stahl Investment Real Estate, Inc., 310-233-2800
View additional info

NEW LOWER PRICE. Older retail property located on a corner lot at 9422 S. Main St. in Los Angeles in 90003 Zip codeProperty has been used as a dry cleaner for many years. Phase 1 Report indicates that a Phase 2 Report will be needed. Tax records indicate Building sq. footage is 2,440 Sq. ft. and built in 1947. Buyer to confirm Street to Alley Corner LotTotal land is 5,865 sq. ft. Property is zoned LACM. Rent is $1,650/mo. Last rent increase 9/1/23. Long time tenant who is on a month to month lease who would like to stay at the location if possible.Market Rent = $3,050/mo+ Two Phase Circuit Breakers (200 amps)Seller will respond to all offers.

Beds:
n/a
Baths:
Sq.Ft.:
6,240
Status:
Active
MLS#:
PW25085341
Type:
Retail, Business Opportunities
Lot size:
0.15 Acres
Year built:
1922
Listing Agent: Lena Byun - New Star Realty & Investment, 213-760-0044
View additional info

INVESTORS DREAM ON PICO BLVD, FULLY LEASED RETAIL STRIP WITH STRONG RETURNS, 22712281 W PICO BLVD, LOS ANGELES, CA 90006.THIS IS A RARE OPPORTUNITY TO ACQUIRE A 100% LEASED, HIGH-PERFORMING RETAIL CENTER IN THE HEART OF ONE OF LOS ANGELES BUSIEST COMMERCIAL CORRIDORS. WITH RENTAL INCOME AND 3% ANNUAL INCREASES, THIS ASSET DELIVERS A STRONG CAP RATE OF OVER 6%, BACKED BY LONG-TERM, STABLE TENANTS AND ZERO VACANCY. THE PROPERTY CONSISTS OF SIX STREET-FACING RETAIL UNITS, ANCHORED BY A WELL-KNOWN PERUVIAN ROTISSERIE CHICKEN RESTAURANT THAT DRAWS CONSISTENT FOOT TRAFFIC. ADDITIONAL TENANTS INCLUDE A BICYCLE SHOP, NAIL SALON, ICE CREAM SHOP, BOUTIQUE FASHION STORE, OPTICAL SHOP, AND A DOLLAR STORE. ALL TENANTS TO ARE ON MODIFIED GROSS LEASES, COVERING THEIR OWN UTILITIES AND MAINTENANCE, WHICH ENSURES MINIMAL LANDLORD RESPONSIBILITIES AND MAXIMUM NET INCOME. SITUATED ON HIGH-VISIBILITY PICO BLVD, THE PROPERTY BENEFITS FROM STRONG VEHICLE AND PEDESTRIAN TRAFFIC DAILY. THE ROOF WAS REPAIRED IN 2024, ADDING FURTHER VALUE AND REDUCING NEAR-TERM CAPITAL NEEDS. THIS IS A TURNKEY, INCOME-PRODUCING INVESTMENT WITH BUILT-IN RENTAL GROWTH, IDEAL FOR INVESTORS SEEKING RELIABLE CASH FLOW, LONG-TERM APPRECIATION, OR A SOLID 1031 EXCHANGE REPLACEMENT. A STRATEGIC ADDITION TO ANY PORTFOLIO. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY.

Beds:
n/a
Baths:
Sq.Ft.:
1,214
Status:
Active
MLS#:
25526415
Type:
Business Opportunities
Lot size:
0.09 Acres
Year built:
1934
Listing Agent: Anthony Galeano - TerraNova Real Estate Group Inc.
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
1,335
Status:
Active
MLS#:
25525403
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1950
Listing Agent: Darin Spillman - Kidder Mathews of California, Inc.
View additional info

Beautiful retail property located in the highly sought-after submarket of West Adams / Culver City in Los Angeles. The property consists of a 1,115 SF retail building and a separate office structure of 220 SF. There is alley access with gated access to the private garden patio, which could allow for 2-3 parking spaces. There is also a newer storage container of 8' x 8' x 15' that is fully wired for electricity. Both buildings have undergone extensive renovations, have separate street access and are vacant. The asset lends itself to an owner-user seeking a variety of retail uses in one of the most popular commercial and residential neighborhoods of Los Angeles, the West Adams district, with close proximity to Culver City, central access to the entire city, and immediate access to a multitude of mixed-use developments, restaurants, shopping, and public transportation.

Beds:
n/a
Baths:
Sq.Ft.:
10,035
Status:
Active
MLS#:
25525373
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1899
Listing Agent: Ian Brink - Sotheby's International Realty
View additional info

A rare opportunity to own a true piece of Los Angeles history in the heart of Downtown's vibrant Little Tokyo district. Built in 1899 and designated as part of the "Historic Little Tokyo" area in 1994, this iconic two-story commercial building spans over 10,000 square feet and offers a versatile layout ideal for both investors and end-users. The ground floor features two fully built-out restaurant spaces along with a standard retail storefront perfectly positioned to capture heavy foot traffic from locals and tourists alike. Upstairs, a collection of private offices offers a range of leasing or creative use possibilities. This property has been in the same family for generations and sits at the epicenter of one of LA's most beloved cultural destinations. With its historic charm, unbeatable location, and mixed-use potential, this is a once-in-a-generation opportunity to own a cornerstone of Little Tokyo. Don't miss your chance to invest in legacy and culture.

Beds:
n/a
Baths:
Sq.Ft.:
2,353
Status:
Active
MLS#:
DW25082011
Type:
Mixed Use, Business Opportunities
Lot size:
0.12 Acres
Year built:
1925
Listing Agent: Jasmine Leon CalDRE: 02118735 - Century 21 Allstars, 323-867-6085
View additional info

Great Opportunity for Developers and/or business owners!!This mixed-use property features attached Duplex, One Bedroom one Bath each, alongside two versatile commercial units, making it an ideal investment for developers and business owners. The commercial spaces are well-suited for a variety of uses, including retail, distribution, office, barber shop, and more, thanks to their C-2 zoning classification as indicated on title.Situated on a prime avenue with high traffic flow, this location offers excellent visibility and exposure for any business venture. Currently, both attached residential units are rented, and one of the commercial units is occupied by a beauty salon, generating immediate rental income from long-term tenants. With a generous 5,217 sq. ft. lot, the potential for further development or the establishment of new businesses is vast.

Beds:
n/a
Baths:
Sq.Ft.:
3,221
Status:
Active
MLS#:
25524349
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1922
Listing Agent: Dunia Handy - Coldwell Banker Realty
View additional info

Step into this exceptional investment opportunity or owner-occupant dream! This fully updated 4-plex features two duplexes housed in separate buildings, thoughtfully designed around a common area courtyard. With strong market rents, incredible tenants in place, and junior ADU architectural drawings and structural calculations already completed, this property offers turnkey ease and endless potential. Each of the four units has been fully modernized with updated kitchens and bathrooms, fresh interior flooring, and stylish new light fixtures. The exterior of both buildings shine with fresh paint, and the landscaped grounds enhance curb appeal. Every unit comes equipped with convenient in-unit amenities, including washer/dryers, refrigerators, dishwashers, and oven/ranges ensuring tenant satisfaction at every turn. Nestled at the gateway of Franklin Hills, this property is ideally located to enjoy the best of Los Angeles' vibrant culture while offering a serene community feel. Minutes from iconic destinations like Sunset Junction, Mendocino Farms, Lyric Cafe, and located within a top-tier school district. This property is perfect for owner occupied, tenants, and investors alike. Whether you're seeking reliable income or looking to generate passive income, this is your chance to own a piece of Franklin Hills' unique charm!

Beds:
n/a
Baths:
Sq.Ft.:
3,316
Status:
Active
MLS#:
25524521
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1947
Listing Agent: Rhonda Payne - Rodeo Realty- Brentwood
View additional info

Attention builders/developers! Substantial price reduction for a 7,069 SF of land at 9920 S Central Ave. The 3,316 SF building once a Mortuary closed for several years would be a perfect Tear-Down to build low-income housing! The property is in an Enterprise Zone, TOC Tier 2 with a current zoning of C1-VL. Could possibly build a 3-4-story low-income apartment building (must check with the city). The seller has obtained a Phase 1 Report on the property and the Phase 1 Engineer recommends doing a Phase 2 inspection. Any interested parties would have to do their own investigations with the City of Los Angeles. The sellers make no guarantees or warranties, and the property is sold As-Is. WARNING: No one is allowed to enter the building . Please contact the co- listing broker, Robert Leighton, for any further information. DO NOT ATTEMPT TO GO ON THE PROPERTY WITHOUT PERMISSION AND PROPER SUPERVISION. .

Beds:
n/a
Baths:
Sq.Ft.:
7,481
Status:
Active
MLS#:
25531715
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1955
Listing Agent: Yeshia Braverman - Keller Williams Beverly Hills
View additional info

Located at the intersection of Normandie and 6th, just one block from the iconic Quarters KBBQ, this 12-unit apartment building offers an exceptional opportunity to acquire a value-add asset in one of Los Angeles' most vibrant and high-demand rental markets. The property consists of one bachelor, three singles, and eight one-bedroom units only one of which has been renovated in the past 30 years, (light touch up in others) making it a perfect candidate for a comprehensive renovation strategy. This provides a clear path to capturing substantial upside through targeted unit upgrades and improved management .The building also features a garage at the front, which could be considered for future ADU conversion, as well as a rear parking area and an on-site laundry room with owner-owned washer/dryers, providing additional income. The property benefits from a charming side garden that is well-maintained by tenants, enhancing the building's curb appeal and offering a welcoming environment. Despite a current in-place cap rate of just 3.73%, the property's proforma cap rate exceeds 10.5%, even under conservative underwriting assumptions. This significant upside potential makes it a rare find in today's market, with the ability to create substantial value and unlock a high return on investment. With the location, strong rental demand, and numerous avenues for growth, this Koreatown asset offers a rare opportunity to reposition and capitalize on long-term appreciation and income growth.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 4/30/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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