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To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 6194800890...

4215 Vineland Ave is a 32-unit value add multifamily opportunity on a huge lot in the heart of Studio City, offered at $7,975,000 by a motivated Seller. The property features 20 vacant units ready for immediate renovation that would achieve a 6.5% plus cap rate after estimated interior and exterior renovation costs. The remaining 12 occupied units have over 75% rental upside that could be unlocked over time as additional tenants relocate.The property also presents a compelling development angle: our architect designer has developed a site plan for adding 12 additional units that include 4 attached ADUs and 8 detached ADUs. The plan was developed with an emphasis on keep building costs low and retaining at least 33 parking spaces. The 8 detached ADUs would be exempt from city and state rent control for 15 years. A preliminary bid from a licensed general contractor prices the construction of the 12 ADUs at $1,350,000, bringing the total unit count to 44 and the cap rate to an estimated 8.28%.This asset is in an excellent location. Only a 10-minute walk to Ventura Blvd and short distance to major studios such as Universal, Warner Brothers and NBC, tenants can enjoy a walking lifestyle with easy access to jobs, shops and restaurants. This is a rare opportunity to own a 32 or 44 unit that is almost completely upgraded in the heart of Studio City.

Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.

Welcome to this great opportunity in the heart of Los Angeles! This versatile duplex property features 2 spacious units, each offering 2 bedrooms and 1 bathroom, making it ideal for owner-occupants, investors, or multi-generational living. Situated on a generously sized lot with ample parking, this property offers excellent income potential and room to add value. Conveniently located near schools, shopping, public transportation, and major freeways. Don’t miss the chance to own a property with endless possibilities in a centrally located neighborhood! Buyer to verify all information and permits to their satisfaction.

Property has been generating income for its owners for almost 30 years now. Long term tenants on annual leases which expire in August. Conveniently located near the 55, 22, 5, and 57 freeways, this building is easily accessible throughout Orange County. Each unit has washer and dryer hook-ups located in the garage, kitchen or back patio area. 1 - two car garage shared by the middle and back units along with a one car garage with direct access to the front unit. There is also room to park off the street in front of the garages, so each unit has 2 available spaces. The front and middle units have nice sized patios with extra room for kids to play, guests to share time together, or pets to roam. The rear unit has an even larger back yard that is especially attractive. Front and back units only have one common wall. Access to the outdoor space is a great benefit in these units. The living rooms and bedrooms are also spacious. Exterior of the building, including roof, is in good shape.

This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.

FULLY REMODELED, LARGE LOT, 100% VACANT, NORTH SAN BERNARDINO, TWO-UNIT PROPERTY, WITH 1-CAR GARAGE. UNIT A IS 3 BEDROOMS, 1.5 BATHROOMS. UNIT B IS 2 BEDROOMS AND 1 BATHROOM. CENTRAL AIR/HEAT IN UNIT A AND BRAND-NEW HEAT PUMP/MINI SPLIT SYSTEM IN UNIT B. BRAND NEW ROOFS. NEW RECESSED LIGHTING. NEW DUAL PANE WINDOWS. BRAND NEW KITCHEN CABINETS FOR BOTH UNITS, NEW COUNTERS, NEW GARBAGE DISPOSALS. NEW WATER-PROOF VINYL FLOORING IN LIVING ROOMS, KITCHENS, AND BEDROOMS. NEW VANITIES, NEW TOILETS. UPDATED PLUMBING AND ELECTRICAL FIXTURES FOR BOTH UNITS. NEW LIGHT FIXTURES. EACH UNIT HAS ITS OWN LAUNDRY AREA. 1-CAR GARAGE WITH NEW GARAGE DOOR. PROPERTY HAS BEEN FRESHLY PAINTED IN AND OUT WITH GORGEOUS COLOR SCHEMES. (2 SEPARATE GAS METERS, 2 SEPARATE ELECTRICAL METERS, 2 SEPERATE WATER METERS) EASY FREEWAY ACCESS 210 RIGHT AROUND THE CORNER FROM SUBJECT. FHA/DOWN PAYMENT ASSISTANCE-OK!

Located in the desirable Palms neighborhood of West Los Angeles, this well-maintained two-story multifamily property features four spacious units with an attractive mix of layouts, including 1-bedroom/1-bath, 2-bedroom/1-bath, and 3-bedroom/2-bath floor plans. The property offers covered parking, on-site laundry facilities, and a functional layout with convenient access to nearby shopping, dining, public transportation, and major Westside destinations. Its prime location and unit diversity make it an excellent opportunity for both investors and owner-users.

Fully occupied five-unit complex in the City of Maywood with no vacancies, providing immediate rental income for a seasoned investor or someone looking to enter the investment market. Located in an established residential neighborhood consisting of a mix of single-family homes and rental properties. Property offers potential upside in rents, creating additional value and income opportunities. Motivated owner is ready to make a deal — submit all offers. Property can be shown with proper 24-hour notice.