favorites

Four Houses on Large Lot. All houses updated in the last 7 years. Front house is a 2br with own driveway/parking. Middle home is a 3br with attached garage. Back two homes are 2br each with large front yard areas and back yards as well. Each back house has 1 Carport space and one open parking space. Plenty of room for ADU add. Or, lot can be redeveloped with up to 12 units (verify with City, Seller makes no representations). One of the houses (2br) can be delivered vacant so would work well for an owner occupied purchase, FHA low down pmt. loan, etc.

Classic 1928 triplex in Mid Los Angeles / Jefferson Park near West Adams, Expo/Crenshaw Line, USC, DTLA, Culver City, and the 10 freeway. Zoned LARD2 on a 6,916 sq ft lot, this property offers a prime central location, long-term hold potential, and value-add options. Three income-producing units on a deep city lot in a high-demand rental pocket of 90018 with continued neighborhood investment. Ideal fit for buy-and-hold investors, 1031 buyers, and house-hack strategies seeking steady rent growth and appreciation in the heart of Los Angeles. Per seller, an LADBS permit is in process with final city sign-off pending. Buyer to verify permit scope, status, and any required corrections with LADBS. Public records show Year Built 1928 and Lot 6,916 sq ft. Buyer to verify unit count, bed/bath configuration, square footage, and all development or ADU possibilities with the City of Los Angeles. All information deemed reliable but not guaranteed.

Presenting 12400 Mitchell Avenue, a well-located 7-unit multifamily investment in the heart of Mar Vista. This prime Westside multifamily asset is positioned at the intersection of Mitchell Avenue and Centinela, offering excellent visibility in a transit-oriented location. With an attractive and diverse unit mix of three (3) two-bedrooms and four (4) 1-bedrooms, the property is currently achieving solid rents averaging approximately $1,805 per month, with an estimated 40% rental upside from current to market. Delivered with a vacant 1-bedroom in leasable condition (projected at $2,300/month), new ownership may immediately implement a value-add strategy to capture additional income. The building has already completed the required Los Angeles Seismic Retrofit. Ideally situated in one of LA’s most desirable Westside rental submarkets, the property benefits from strong renter demand, walkability to popular dining and retail along Venice Boulevard, and close proximity to major employment hubs in Culver City, Venice, Santa Monica, West LA and Playa Vista.

1103 W 64th St | 12 Units in South Los Angeles. 1930 multifamily property on a 6,709 SF LAR2 lot with 5,716 SF of building area; efficient mix of (7) studios, (4) one-bed / one-bath, and (1) two-bed / one-bath units. Fully occupied with in-place cash flow and ~27% rental upside through light-to-moderate renovations, RUBS implementation, and ancillary income streams. ADU feasibility and garage conversion potential provide long-term expansion opportunities. Attractive ~$158K per unit basis with a 7.73% current cap and 10.86% pro forma; strong transit access via Vermont Ave and Metro K Line supports consistent tenant demand and long-term stability in a resilient South LA submarket.

Rare opportunity on the Ventura Beach Lanes--just 5 properties from the sand! This wonderful income property features a 3BR/1.5BA back house with remodeled full bath, granite counters, laminate flooring, and large backyard. Above the 3-car garage is a 2BR/1BA apartment with stainless stove and laminate floors. Between the two units is a charming courtyard, plus a shared laundry area that could be converted to coin-op for extra income. New roofs on both units in 2022. Walk to shopping and restaurants, easy freeway access and steps to the sand!! Perfect opportunity to live in one and rent the other or as a prime investment steps from the beach!

Calling all investors … Don’t miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built in 2024 and one beautifully updated Spanish classic. With a cap rate of 7.13% and a gross rent multiplier (GRM) of 10.95, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties available in a portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear duplex offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems. The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities. Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA’s most dynamic and evolving neighborhoods. Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.

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

Don’t miss this rare opportunity to own an income generating fourplex in one of Los Angeles’ most rapidly developing neighborhoods near USC! This exceptional property combines brand-new construction (2 units, built in 2025) and upgraded existing units (2 units) for a combined 4-unit investment property. The property has 3 units available for rent and 1 unit paying rent, making it ideal for investors looking to identify their own tenants and maximize cash flow. With a cap rate of 7.44% and a gross rent multiplier (GRM) of 10.47, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912 square feet. These modern residences offer stylish vinyl plank flooring, quartz countertops, dual-pane energy-efficient windows, new water heaters, in-unit washer/dryer hookups, and fully paid-off solar panels for long-term energy savings. These units are not subject to rent control. The front duplex built in 1914 has been thoughtfully upgraded and includes two spacious 3-bedroom, 2-bathroom units, each over 1,300 square feet. These units also feature dedicated laundry rooms with washer/dryer hookups and updated interiors, providing comfort and convenience for tenants. The property has plenty of onsite parking as well as it is an oversized lot exceeding 7,770 square feet in the heart of Los Angeles. The property has undergone significant infrastructure upgrades, including a modernized electrical system with separate electric meters and sub panels for each unit, as well as all-copper plumbing throughout. A 5-minute drive to the University of Southern California (USC), and close proximity to Downtown Los Angeles including Crypto Arena, LA LIVE, this property is perfectly positioned in a high-demand rental market. With easy access to major freeways and everyday amenities, this turn-key property is perfect for seasoned or first-time investors seeking solid returns, low maintenance, and a prime location for continued growth.

This updated duplex in East Los Angeles presents a unique opportunity with its two distinct living spaces. The front house features two bedrooms, one bathroom, and indoor laundry facilities. The second house includes one bedroom, one bathroom, a living room, and a dining room, with the potential to convert into a two-bedroom home. It also offers an outdoor laundry area. The property is well-equipped with ample parking, including a one-car garage with an attached storage room and a driveway accommodating multiple vehicles. There is potential for expansion, with opportunities to add an additional unit or an Accessory Dwelling Unit (ADU). Situated in a convenient location, the property provides easy access to shopping, dining, entertainment, major highways, and public transportation. The adjacent property at 937 La Verne ia also available and may offer further investment potential. This property is ideal for investors looking to generate rental income or buyers interested in a multi-generational living arrangement in one of Los Angeles's most vibrant communities.