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$1,499,000
6 Beds 6 Baths ACTIVE Status
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!

1125 S Ardmore Ave, Los Angeles

Courtesy of Mi Jeong Kim, MiJeong Kim - CA DRE#01887660

$1,100,000
4 Beds 4 Baths ACTIVE Status
Located in the desirable Koreatown/Mid-Wilshire area, this LAR3-zoned multifamily property presents an excellent opportunity for investors, developers, or owner-users seeking a centrally located asset with long-term potential. Situated in an established neighborhood experiencing continued revitalization and redevelopment, the property offers flexibility for a variety of investment strategies, including renovation, repositioning, or long-term ownership. The existing improvements may provide income-generating potential while future plans are explored. The property requires TLC and is being sold AS IS. Buyer is advised to independently verify all information, including square footage, permits, zoning, allowable uses, development potential, and all other aspects of the property with the City of Los Angeles and appropriate licensed professionals. Seller is currently in the process of tenant relocation. Buyers are advised to conduct their own due diligence regarding the property's occupancy status, tenant rights, and the timing of any vacancy. Contact the listing agent for the most current information.

1147 S Ardmore Ave, Los Angeles

Courtesy of Urban Real Estate, Inc., Sun Kyung Chang - CA DRE#01950848

$1,470,000
6 Beds 6 Baths ACTIVE Status
This 4plex offers an exceptional opportunity to grow your portfolio in one of LA's most sought-after rental markets. 2bed/2bath x2 (Rear building) was built in 2001. 1bed/1bath x2 (Front building) was built in 1957. One 2bed/2bath unit is owner use. It features good income, copper pipes and coin laundry at the property. A spacious basement at the front building is occupied with a tenant, which will be delivered vacant before close of escrow. This well-maintained building is surrounded by nice neighbors and offers 7 parking spots and secure auto gate. With the potential for strong rental income and the flexibility of a vacant unit, this property is perfect for buyers aiming for long-term gains and future appreciation. It is conveniently located near the restaurants, markets, shopping, medical clinics, bus stops, Fwy 10 and LADT. The property is being sold as-is condition. Seller is motivated.

1229 S Harvard Blvd, Los Angeles

Courtesy of Keller Williams Beverly Hills, Sunhee Kilmer - CA DRE#01949622

$758,000
2 Beds 2 Baths ACTIVE Status Golden Galaxy HOA BLDG.
Experience modern luxury in the heart of Koreatown! This spacious 2-bedroom, 2-bathroom condo features an open layout filled with natural light from large south-facing windows. The contemporary kitchen offers modern appliances, ample storage, and a large island perfect for everyday living and entertaining. The split-bedroom floor plan provides added privacy, while the primary suite includes a walk-in closet, en-suite bathroom, and access to an oversized private balcony that extends from the living room. Additional highlights include in-unit laundry and rare side-by-side parking. Enjoy resort-style amenities, including a pool, fitness center, clubhouse, and recreation room with a billiards table and kitchenette. Conveniently located near popular dining, shopping, entertainment, major freeways, and public transportation.Schedule a showing today and discover the best of Koreatown living!

2939 Leeward Ave Unit 401, Los Angeles

Courtesy of Keller Williams Larchmont, Christina Kim - CA DRE#01431281

$4,000,000
23 Beds 14 Baths ACTIVE Status
313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 4.24% cap rate and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the building was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

313 N Alexandria Ave, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Johnny Cho - CA DRE#01394690

$1,900,000
8 Beds 8 Baths ACTIVE Status
Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

244 S Alexandria Ave, Los Angeles

Courtesy of Exp Commercial of California, Inc., Toni Nan Xiong - CA DRE#01462918

$875,000
5 Beds 4 Baths ACTIVE Status
ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.

644 N Serrano Ave, Los Angeles

Courtesy of Keller Williams Sierra Madre, Maria Sarmiento - CA DRE#01837686

$3,700,000
15 Beds 15 Baths ACTIVE Status
IN 2023, THIS BUILDING WAS LISTED AT $4,100,000.00. NOW PRICED FOR IMMEDIATE SALE. ALL 9 out of 10 UNITS CAN BE DELIVERED VACANT AT COE. BRAND NEW BUILDING BUILT IN 2018. AIR BNB OPERATORS WELCOME!! FIRST TIME IN THE MARKET. SECURED AUTOMATIC REMOTE DRIVEWAY GATE!! 3 X 2 BEDROOMS, 6 X 1 BEDROOM(LOFT STYLE) FOR AWESOME VIEW, 1 X 3 BEDROOM UNIT. RESERVE COVERED PARKING SPACES & ALL UNITS COME WITH FREE INTERNET & TV CONNECTION!! 10 Units in the building. BEAUTIFUL EXTERIOR AND INTERIOR. ALL NEW APPLIANCES(REFRIGERATOR, STOVE/OVEN, MICROWAVE, DISHWASHER, WASHER/DRYER IN THE UNIT). CLOSE TO BUS STOPS AND CLOSE TO FREEWAY ACCESS. BEAUTIFUL FLOORING, FANCY COUNTER TOPS, CENTRAL A/C AND HEATING, DUAL PANE WINDOWS, ENERGY EFFICIENT LED LIGHTS, EXTRA STORAGE!! MANY RESTAURANTS NEARBY, CENTRALLY LOCATION BETWEEN DOWNTOWN LA & HOLLYWOOD. DON'T MISS OUT!!

517 N Harvard Blvd, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$999,000
4 Beds 4 Baths ACTIVE Status
This Craftsman-style, two story, four-unit multifamily property is located in the heart of Koreatown. Each unit features a functional one-bedroom, one-bath layout with heating and air conditioning, offering strong appeal for tenants and owners alike. The property includes a driveway with additional parking space behind the building and a rear storage shed. With its classic architectural character, practical unit mix, and central Los Angeles location near dining, shopping, public transit, and major employment corridors, 1219 Irolo Street presents an excellent opportunity for investors or buyers seeking income-producing residential property in one of L.A.'s most active rental markets.

1219 Irolo St, Los Angeles

Courtesy of Forward One, Merse Kollo - CA DRE#02043366

$4,500,000
34 Baths ACTIVE Status
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 3333 4TH ST, 601 N ROSSMORE, 1311 INGRAHAM & 508 S HOBART*** 100 & 112 N Kenmore Ave is a 34-unit apartment building constructed in 1923, plus an additional adjacent parcel, located in the highly desirable Hancock Park / Koreatown area of Los Angeles. The property reflects classic early 20th-century architecture and offers a well-scaled residential footprint within a strong neighborhood setting. The units average approximately 540 square feet and are primarily studios designed to serve the area's deep renter pool. The building is complemented by detached garages and a separate parcel currently utilized for parking (112 N Kenmore Ave), providing functional on-site parking in a submarket where it is increasingly valuable. The property is situated in a highly attractive residential pocket known for its tree-lined streets, proximity to Hancock Park, and immediate access to the amenities of Koreatown and Larchmont Village. The neighborhood offers a balanced mix of established residential character and urban convenience. Residents benefit from excellent connectivity, with nearby Metro rail stations and major thoroughfares providing efficient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and surrounding employment centers. The area is also supported by a wide range of dining, retail, and cultural destinations, along with nearby open space including Robert L. Burns Park and larger regional parks within a short drive. From an investment perspective, 100 & 112 N Kenmore Ave presents meaningful rental upside potential through strategic unit improvements and operational enhancements. The separate parking parcel creates additional optionality, including the ability to optimize parking revenue or explore future redevelopment opportunities consistent with zoning and market demand. With its central location, strong residential setting, and clear pathways for value creation, the property offers both stable in-place income and long-term development potential in one of Los Angeles' most supply-constrained rental markets.

100 N Kenmore Ave, Los Angeles

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Robert Renshaw - CA DRE#01332831

$9,200,000
42 Beds 65 Baths ACTIVE Status
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 601 N ROSSMORE, 1311 INGRAHAM & 508 S HOBART*** 3333 W 4th St is a classic 65-unit, six-story prewar apartment building in Los Angeles, originally constructed in 1926. The property showcases the scale and architectural detail characteristic of its era, featuring a large, welcoming lobby, elevator service, and numerous preserved period elements that give the building a distinctive identity. Its facade and common areas reflect true 1920s craftsmanship, offering a sense of character and permanence that differentiates it from more contemporary assets. The unit mix consists primarily of spacious studios and one-bedroom apartments averaging approximately 650 square feet. Residences are well-proportioned, with high ceilings, hardwood floors, and large windows that provide strong natural light. Many units retain original details while incorporating functional updates, creating attractive living spaces that appeal to today's renters seeking charm and authenticity in a central location. Situated in the Wilshire Center-Koreatown neighborhood of Los Angeles, the property benefits from a highly central setting with excellent walkability and strong access to public transportation, including nearby Metro rail and bus lines that connect efficiently to Downtown Los Angeles, Hollywood, and major employment centers. Koreatown remains one of the city's most active and supply-constrained rental submarkets, supported by a dense mix of dining, nightlife, and cultural destinations that continue to attract a broad tenant base. From an investment perspective, 3333 W 4th St presents a compelling value-add opportunity. Current rents are below market in several instances, providing meaningful rental upside through strategic unit renovations and improved management. In addition, the building offers clear opportunities to enhance common areas and elevate the resident experience. The expansive lobby, in particular, presents a unique opportunity for repositioning into a coworking lounge, shared workspace, or upgraded resident amenity area - features that align well with evolving tenant preferences in this submarket. With its scale, irreplaceable vintage architecture, and multiple pathways to increase income and modernize amenities, 3333 W 4th St offers investors the opportunity to unlock value while preserving a character-rich Los Angeles asset. Note: The subject property has been identified by LADBS as possibly subject to the city's non-ductile concrete retrofit program. Seller has retained an engineering firm to seek an exemption to this requirement. The results of this exemption request will be available in the coming weeks. Buyer is advised to do its own due diligence with respect to this potential condition.

3333 W 4th St, Los Angeles

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Robert Renshaw - CA DRE#01332831

$7,500,000
13 Beds 51 Baths ACTIVE Status
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 601 N ROSSMORE, 1311 INGRAHAM & 3333 4TH ST*** 508 & 512 S Hobart Blvd is a 49-unit, seven-story apartment building built in 1929, plus an additional adjacent parcel, located in the heart of Koreatown. The property reflects the scale and permanence of pre-war Los Angeles construction, with classic proportions, a strong street presence, and architectural detailing that is increasingly difficult to replicate today. Over the years, the building has been maintained with care, including the replacement of a substantial portion of the roof and upgrades to the electrical system, preserving both its character and core infrastructure. The building is serviced by an elevator and is master metered for electricity and gas. The unit mix consists of studios and one-bedroom apartments, a configuration well suited to the neighborhood's renter profile. Units retain many of the attributes typical of late-1920s construction generous windows, defined living spaces, and practical layouts offering a blend of historic charm and functional design. Additional amenities include controlled access and on-site laundry. One of the more distinctive aspects of the property is its parking configuration. In addition to subterranean parking uncommon for an asset of this vintage the offering includes a separate, adjoining parcel to the north that currently operates as a surface parking lot (508 S Hobart Blvd). Beyond its current use, this parcel introduces a meaningful long-term option for a buyer to explore alternative uses or development potential, subject to investigation. The location is a core strength. Positioned within Koreatown, just off Wilshire Boulevard, the property sits in one of the most active and densely populated submarkets in Los Angeles. Residents have convenient access to the Wilshire/Western Metro station, The Wiltern, MacArthur Park, and an extensive collection of neighborhood retail and dining options. Its central positioning also allows for straightforward connectivity to Downtown Los Angeles, Hollywood, and other major employment centers. 508 & 512 S Hobart Blvd offers scale, architectural integrity, and long-term optionality in a supply-constrained location a well-located historic asset with both stability and future upside embedded in the land. Note: The subject property has been identified by LADBS as possibly subject to the city's non-ductile concrete retrofit program. Buyer is advised to do its own due diligence with respect to this potential condition.

512 S Hobart Blvd, Los Angeles

Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY, Robert Renshaw - CA DRE#01332831

$899,000
4 Beds 3 Baths ACTIVE Status
Exceptional opportunity to acquire a character-rich single family residence with a permitted garage conversion located in Melrose Hill. Built in 1918, this property offers approximately 1,826 square feet of living space situated on a 5,698 square foot LAR3-zoned lot, presenting a rare combination of historic charm, flexibility, and future potential. The property consists of a spacious 3-bedroom, 2-bathroom unit and a separate 1-bedroom, 1-bathroom unit, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles, Hollywood, and numerous employment centers throughout the city. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. Surrounded by the diverse and robust Los Angeles economy, this area remains one of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

472 N Oxford Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Christina Kim - CA DRE#01431281

$899,000
4 Beds 3 Baths ACTIVE Status
Exceptional opportunity to acquire a character-rich single family residence with a permitted garage conversion located in Melrose Hill. Built in 1918, this property offers approximately 1,826 square feet of living space situated on a 5,698 square foot LAR3-zoned lot, presenting a rare combination of historic charm, flexibility, and future potential. The property consists of a spacious 3-bedroom, 2-bathroom unit and a separate 1-bedroom, 1-bathroom unit, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles, Hollywood, and numerous employment centers throughout the city. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. Surrounded by the diverse and robust Los Angeles economy, this area remains one of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

472 N Oxford Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Christina Kim - CA DRE#01431281

$1,200,000
6 Beds 4 Baths ACTIVE Status
Back on the market with a huge discount for a quick sale !!! Experience elevated urban living in the heart of vibrant Koreatown. Welcome to 11471149 Kenmore Ave, a beautifully designed duplex offering two separate units, each featuring 3 spacious bedrooms and 2 full bathrooms. Step inside to bright, open-concept layouts enhanced by sleek luxury vinyl flooring throughout. Each unit boasts a generous primary suite complete with an en-suite bathroom and a large walk-in closet, delivering comfort, privacy, and functionality. Washer and dryer hookups in both units add everyday convenience. This property offers exceptional versatility ideal for owner-occupants looking to live in one unit while generating rental income from the other, or for investors seeking strong, consistent returns by leasing both. Currently generating approximately $9,000-$10,000 per month in rental income, the property offers an impressive 8%+ cap rate. Situated just minutes from Koreatown's renowned dining, entertainment, and cultural hotspots, with easy access to major freeways, this location perfectly balances lifestyle and connectivity. A rare opportunity to own a prime asset in one of Los Angeles' most dynamic rental markets. Schedule your private showing today and secure a smart investment for the future. Units can be delivered vacant or occupied at the close of escrow, based on buyer preference.

1147 S Kenmore Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Dae Young Hur - CA DRE#01489175

$1,099,000
4 Beds 4 Baths ACTIVE Status
VACANT AT CLOSE OF ESCROW! Exceptional opportunity to acquire a fully vacant duplex in the heart of Koreatown, offering immediate flexibility for investors, owner-users, and developers alike. Situated on a generous 6,231 sq ft lot, 4504 & 4506 W Maplewood Ave features two well-maintained units with significant income and development potential.The front residence offers approximately 1,300 square feet with 2 bedrooms and 2 bathrooms, featuring spacious living areas, abundant natural light, and functional living spaces. The rear residence is approximately 800 square feet and also includes 2 bedrooms and 2 bathrooms, providing an ideal layout for rental income, multigenerational living, or an owner-user seeking supplemental income.One of the property's most attractive features is that it will be delivered completely vacant, allowing the next owner to lease both units at market rents, occupy one or both units, renovate and reposition the asset, or pursue redevelopment opportunities from day one. The detached garage presents excellent ADU conversion potential for additional income, while the large lot may offer future expansion or development possibilities for those looking to maximize the property's value.Located on a quiet residential street in one of Los Angeles' most sought-after rental markets, the property is surrounded by an incredible collection of restaurants, cafes, and neighborhood amenities. Enjoy easy access to Koreatown's renowned dining scene, including popular Korean BBQ destinations, trendy cafes, bakeries, and nightlife. Nearby Larchmont Village offers charming boutiques, restaurants, and coffee shops, while Downtown Los Angeles, Hollywood, and Hancock Park are just minutes away.Conveniently positioned near major transportation corridors, Metro stations, and employment centers, this location continues to attract strong tenant demand and long-term appreciation. Whether you're seeking a value-add investment, an owner-user opportunity, an ADU project, or a future development site, this vacant duplex offers endless possibilities in one of Los Angeles' most vibrant and centrally located neighborhoods.

4504 Maplewood Ave, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Matthew Chang - CA DRE#01963056

$349,000
1 Beds 1 Baths ACTIVE Status Newshire 63 Association BLDG.
Limited-Time Opportunity: Take advantage of incredible savings on this home. Eligible buyers can apply up to $20,000 in grant funds toward their down payment, closing costs, or even an interest rate buy-down. Pair that with a major price reduction, and now is the perfect time to make your move. Welcome to Mosaika - 63 brand-new boutique residences in the heart of Koreatown, one of Los Angeles' most vibrant and walkable neighborhoods. Mosaika combines contemporary sophistication with everyday functionality to create a lifestyle you'll love. Inside, discover expansive open layouts, floor-to-ceiling windows, and hand-selected finishes that flood each home with natural light. Designer kitchens feature custom cabinetry and premium appliances, while spa-inspired bathrooms offer sleek vanities and modern tile accents. Spacious living areas are perfect for both entertaining and relaxing. Select residences boast oversized balconies with breathtaking skyline views. Unwind in Mosaika's thoughtfully curated amenities, including a fully equipped fitness center and a rooftop lounge with outdoor kitchens, BBQs, lounge seating, and sweeping panoramic city views. At Mosaika, style meets substance and location meets lifestyle, offering a truly exclusive living experience in one of LA's most dynamic cultural hubs.

904 S New Hampshire Ave Unit 203, Los Angeles

Courtesy of RISE real estate company, Brandon J. Park - CA DRE#01416244

$1,899,000
8 Beds 4 Baths ACTIVE Status
Exceptional investment, owner-user, and redevelopment opportunity in the heart of Koreatown. This well-maintained 4-unit multifamily property is situated on a large lot in one of Los Angeles' strongest rental submarkets, offering immediate income with significant long-term upside. Ideal for investors seeking value-add potential, developers exploring future redevelopment opportunities, or owner-users looking to occupy a unit while benefiting from rental income.The property is centrally located near Wilshire Boulevard, Downtown Los Angeles, Hollywood, major employment centers, shopping, dining, entertainment, and public transportation. Conceptual redevelopment renderings are included in the listing photos to illustrate potential future development possibilities. Buyers are advised to conduct their own investigations regarding zoning, density, redevelopment potential, and all future use options.A rare opportunity to acquire a versatile asset in a high-demand location with multiple paths to create value. Please do not disturb tenants.

426 S Catalina St, Los Angeles

Courtesy of Moradian Enterprises, Inc., Keyvan Moradian - CA DRE#01926553

$1,699,000
11 Beds 6 Baths ACTIVE Status
PRICE DROPPED TO SELL FAST!! 2 UNITS WILL BE DELIVERED VACANT AT COE. "Rare East Hollywood value-add opportunity with immediate operational upside and vacancy leverage at close." All the buyers want: Cash flow NOW Ability to raise NOI FAST Low interest rate leverage Airbnb / furnished rental angle Future appreciation Potential redevelopment (LAR3) 5.5% commercial rates are VERY attractive right now "At today's favorable commercial financing environment, investors have a rare opportunity to leverage immediate upside with strong long-term appreciation potential." 2 VACANT UNITS This is your GOLD. LA multifamily buyers LOVE: Immediate repositioning No eviction headache Instant NOI increase" Two vacant units delivered at close create immediate flexibility for market-rate leasing, furnished rental operations, or owner-user occupancy." "Potential opportunity for furnished rental or short-term rental strategy (buyer to verify local regulations). "VALUE-ADD STRATEGY investors thinking: "force appreciation."Rental upside Renovation upside Operational upside Market rent gap Example: "Significant upside potential through strategic renovations and rent repositioning."LAR3 = LONG TERM PLAY Investors: LAR3 = future density potential" LAR3 zoning provides long-term redevelopment and densification potential in a rapidly evolving East Hollywood corridor." LOCATION: This property is sitting in: East Hollywood Near Koreatown Near Netflix Near Larchmont Near 101 FWY That's a HUGE renter pool. Positioned: "Located within one of Los Angeles' strongest renter-driven submarkets with proximity to major employment and entertainment hubs."Rare East Hollywood / Koreatown Value-Add Opportunity We are pleased to present 508 N Ardmore Ave, a rare value-add multifamily investment opportunity located in the highly desirable East Hollywood / Koreatown corridor of Los Angeles. The property consists of: One remodeled 3BR/2BA + den single-family residence with private yard Four 2BR/1BA apartment units built in 1987 Approximately 4,103 SF building area on an 8,250 SF LAR3-zoned lot Two units will be delivered vacant at closing, creating immediate flexibility for: Market-rate leasing Furnished rental strategy Potential short-term rental operation (buyer to verify) Owner-user occupancy The property offers strong operational fundamentals including: 5 on-site parking spaces On-site laundry Individual water heaters Security camera system Located just minutes from Larchmont Village, Netflix, Hollywood, Koreatown, Silver Lake, Echo Park, Downtown Los Angeles, and the 101 Freeway, the asset benefits from one of LA's strongest renter-driven submarkets. Investors will appreciate the significant upside potential through: Rent repositioning Strategic renovations Vacancy leverage Long-term redevelopment potential under LAR3 zoning At today's favorable commercial financing environment, this property presents a compelling opportunity to acquire a cash-flowing asset with immediate and long-term upside. BEST FOR:1031 exchange buyers Airbnb/furnished operators Small apartment syndicators, Young owner-user!!

508 N Ardmore Ave, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$575,000
2 Beds 2 Baths ACTIVE Status 1128 Serrano Villas HOA BLDG.
Beautifully updated 2BD/2BA condo in the heart of Koreatown featuring a highly desirable split-bedroom layout with the living room in the middle, providing extra privacy for each bedroom. This approx. 930 sq ft home offers an open-concept living, dining, and kitchen area that is perfect for both everyday living and entertaining. The unit was just refreshed with new interior paint, new hard surface flooring throughout, and new light fixtures, creating a clean, modern, and move-in ready feel.One of the key highlights is the rare extra storage space that only a few units in the building enjoy, adding valuable functionality that is hard to find in this area. The smart split-bedroom floor plan is ideal for roommates, guests, or a home office setup, as the bedrooms do not share a common wall and each is positioned on opposite sides of the living room. The well-maintained 2007-built building offers controlled access, a quiet residential feel, and two side-by-side parking spaces in the gated garage, plus convenient guest parking for visitors.Located in an ultra-walkable Koreatown location with a Walk Score around 95, this home is just moments from markets, restaurants, cafes, shops, and public transportation. Its central MidWilshire position provides easy access to Downtown LA, Miracle Mile, Hancock Park, and the Westside, while the vibrant neighborhood amenities make this property attractive for both end-users and investors seeking strong rental demand.

1128 S Serrano Ave Unit 104, Los Angeles

Courtesy of Dream Realty & Investments Inc, Erin Kim - CA DRE#01941228

$1,250,000
6 Beds 2 Baths ACTIVE Status
Exceptional opportunity in the heart of Koreatown! Located within a designated Opportunity Zone and benefiting from R4-2 zoning with TOC Tier 3 incentives, 2961 W 8th Street offers investors and developers significant upside in one of Los Angeles' most active rental and redevelopment markets. The property features an approximately 3,000 SF, 6-bedroom, 2-bathroom residence situated on a 5,990 SF lot. The existing home offers significant square footage and multiple possibilities for renovation, repositioning, multi-generational living, rental income, or interim cash flow while planning future development. A major highlight of the offering is the inclusion of RTI (Ready-to-Issue) plans for a 100% affordable 44-unit apartment development consisting of 43 one-bedroom units and 1 studio unit. Offered at approximately $28,500 per approved unit, the property presents a rare opportunity for developers to immediately move forward with a fully approved project in one of Los Angeles' strongest rental markets. Alternatively, buyers may capitalize on the existing residence through renovation, rental income, ADU expansion potential (buyer to verify), or other value-add redevelopment strategies. Ideally located on the highly visible 8th Street corridor between Vermont Avenue and Westmoreland Avenue, the property is just blocks from Wilshire/Vermont Metro Station, Zion Market, and countless dining, retail, and entertainment options. With a Walk Score of 96 and convenient access to Downtown LA, USC, and major employment centers, the location is second to none. Delivered VACANT at the close of escrow and sold AS-IS. Buyer to verify all zoning, development potential, RTI approvals, ADU potential, and property information.

2961 W 8th St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian - CA DRE#01984269

$1,190,000
2 Beds 2 Baths ACTIVE Status
Prime Koreatown development opportunity delivered fully vacant! Situated on a 7,013 SF R4-1VL lot, 3030 W 12th Pl offers exceptional redevelopment potential in one of Los Angeles' most active multifamily corridors. A new owner may build up to 49 units via the Affordable Housing Incentive Program (100% affordable) which makes the most sense for the location and the tax incentive. This parcel allows 17 units by-right under the current RSO but the 1VL caps the by-right height at 45ft. The property currently features a side-by-side 1,936 SF duplex with one remodeled unit and one unit ready for value-add improvements. Existing details include original wood floors and built-ins, along with two one-car garages located at the rear of the property. Also available are approved RTI (Shovel-Ready) approved plans for a 5-story, 17-unit multi-family building spanning 12,092 SF. The project has been brilliantly engineered for maximum ROI and cost efficiency: features on-grade surface parking (zero subterranean excavation), exterior egress balconies, and underground electric designed to bypass the need for an expensive transformer with only 2 ELI units. Centrally located near Pico Blvd and Western Ave, this property sits in a highly walkable neighborhood surrounded by restaurants, markets, nightlife, and public transportation. Convenient access to USC, Crypto.com Arena, DTLA, and the 10 Freeway makes this an ideal opportunity for developers, investors, and long-term land holders alike. Pls inquire for the RTI plan and/or site sturdy with the latest density incentives.

3030 W 12th Pl, Los Angeles

Courtesy of Redpoint Realty, Arthur Yoon - CA DRE#01955545

$465,000
2 Beds 2 Baths ACTIVE Status Garden Villas BLDG.
Bright, cheerful TOP-FLOOR residence nestled within the building's tranquil central courtyard. This private retreat overlooks lush garden views, offering a peaceful ambiance, abundant natural light, and a quiet setting removed from the bustle of the street.Welcome to Garden Villas, Koreatown's hidden gem, perfectly situated in one of Los Angeles' most vibrant and sought-after neighborhoods. This condo offers unbeatable value and an exceptional lifestyle, just minutes from Downtown LA and Hollywood, and steps from Koreatown's best dining, nightlife, shopping, and cultural hotspots. Public transportation is a breeze with the Wilshire/Normandie Metro Station just a short walk away, providing convenient access to the rest of Los Angeles.The unit's functional, open layout is both move-in ready and a perfect canvas for future personal touches. Both spacious bedrooms feature either en-suite or adjoining bathrooms, providing comfort and convenience. Generous closet space throughout offers ample storage, while a private balcony extends from the living room perfect for relaxing and enjoying the peaceful garden surroundings. Abundant natural light and a serene atmosphere make this home a truly special retreat. The HOA offers exceptional value by covering water, hot water, sewer service, trash, earthquake insurance, and common area maintenance, helping simplify homeownership while reducing monthly utility expenses. Residents also enjoy access to a community meeting room, fitness center, and the convenience of two newly installed elevators. Don't miss this rare opportunity to own a peaceful top-floor home in one of Koreatown's most desirable communities. Come see this unit before it's gone!

320 S Ardmore Ave Unit 323, Los Angeles

Courtesy of Dream Realty & Investments Inc, Elijah Shin - CA DRE#01358906

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