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$1,149,000
4 Beds 3 Baths ACTIVE Status
Tucked behind lush hedges and framed by mature fruit trees, this thoughtfully curated Cypress Park compound offers a rare blend of privacy, flexibility, and quintessential indoor-outdoor living. Comprised of a beautifully updated 3-bedroom, 2-bathroom main residence and a detached 1-bedroom, 1-bathroom ADU, the property unfolds as a series of thoughtfully designed spaces that feel both connected and distinctly their own - perfect for owner-users, multigenerational living, or rental income property. A gated entry leads through a garden-lined pathway to the main residence, where a charming living and dining area serves as the heart of the home. The updated kitchen connects seamlessly to the living spaces and dedicated laundry closet. At the rear of the home, the primary suite features an en-suite bathroom and views of the surrounding greenery. The two additional bedrooms share a Jack-and-Jill bathroom, while generous windows throughout the home frame garden views and fill the interiors with natural light. Just beyond the main residence, a spacious backyard extends the living space outdoors with mature landscaping and ample room for dining, entertaining, or relaxing. Both the main residence and ADU have been recently refreshed, with newly painted exteriors, enhancing the property's cohesive, well-maintained appearance. The property also includes a covered carport, offering convenient off-street parking. Positioned toward the rear of the property, the detached ADU enjoys its own fenced outdoor living area, creating a sense of separation and privacy from the main home. The 1 bed, 1 bath residence includes a living area, kitchen, bathroom, and in-unit laundry, making it well-suited for guests, a home office, or supplemental income. A generous covered patio overlooks the private yard, providing an additional space for outdoor dining and gathering. Quietly emerging as one of Northeast Los Angeles' most compelling pockets, Cypress Park combines longtime local favorites alongside some of the city's most exciting new openings. Start your morning with coffee and a pastry at Loquat, grab a mid-day slice at Shins, and meet friends for dinner at Barra Santos. Minutes from the LA River bike path, Rio de Los Angeles State Park, and other favorite Eastside neighborhoods, this location strikes the ideal balance between neighborhood charm and urban accessibility.

2826 Macon St, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Lori Harris - CA DRE#02132297

$6,450,000
52 Beds 29 Baths ACTIVE Status
We are pleased to present the opportunity to acquire 3401-3405 N. Figueroa Street, a rare mixed use asset located in the highly sought after Cypress Park neighborhood of Los Angeles. Offered for sale for the first time since its development, the property consists of a 26 unit apartment community and two commercial spaces situated across two separate parcels, providing investors with operational flexibility and future value enhancement potential. The asset is being offered at $248,077 per unit and $319 per square foot, representing an attractive 10.37 GRM and 5.47% capitalization rate on current operations. Constructed in 1988, the residential component features an attractive unit mix of one (1) 1 Bedroom/1 Bathroom unit, twenty two (22) 2 Bedroom/1 Bathroom units, two (2) 2 Bedroom/2 Bathroom units, and one (1) 3 Bedroom/2 Bathroom unit. The commercial component includes a restaurant space and an additional commercial suite that is currently vacant, creating an immediate lease up opportunity for a new owner. The property contains approximately 20,188 rentable square feet on a 25,045 square foot LARD2 zoned lot and benefits from two separate APNs, offering potential ownership, financing, or disposition flexibility. Additionally, the asset provides 52 parking spaces, giving each residential unit one tandem parking space. A key investment highlight is the property's 1980s construction, exempting the residential units from the City of Los Angeles Rent Stabilization Ordinance (RSO). Instead, the property is subject only to California's statewide rent control regulations under AB 1482, allowing ownership to increase rents annually by up to 5% plus CPI, subject to state guidelines. Combined with approximately 27% rental upside, a desirable unit mix, and diversified mixed use income, the offering presents an attractive opportunity for investors seeking long term growth and stable cash flow. Ideally located along the N. Figueroa Street corridor, the property is adjacent to Florence Nightingale Middle School and near a growing collection of restaurants, cafes, retail destinations, and neighborhood amenities. Cypress Park continues to experience strong demand driven by ongoing revitalization, limited supply, and increasing interest from both residents and businesses, making opportunities of this scale and quality increasingly rare.

3405 N Figueroa St, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Tony Sameyah - CA DRE#02015965

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