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POSSIBLE ADU CAN BE DELIVERED VACANT AT CLOSE OF ESCROW. AMAZING LOCATION!! Rare opportunity to own 1923 Spanish duplex w/2 side by side units on LG buildable lot. Possible Owner's unit has been remodeled, blending old-world style w/conveniences of modern living. The great room features a fireplace anchored in limestone, giving a feeling of comfortable elegance w/dining beyond. The kitchen features granite, & state-of-the-art appliances. Down the hall is a laundry room, 2 baths, & 2 light filled bedrooms. The spa bath has been luxuriously appointed & features a large enclosed rain shower w/body jets. Off the master is a backyard oasis featuring fiscus & olive trees & outdoor fireplace, the perfect spot to wind down from a long day. A studio tucked in the back completes the yard. This home also features hardwood flooring throughout, tankless hot water heater, and HVAC. The long driveway leads to a garage currently used as storage but can be converted back or possibly transformed into an ADU. The second unit is spacious a 2 bed, ready for a personalized remodel. NOW WITH A BRAND NEWLY BUILT ADU IN 2023. A DEVELOPER CAN BUILD 4 SEPARATE NEW HOMES SELLING FROM 1,600SF.~1,800SF CAN RESELL FOR $1.6 TO $1,7 MILLION EACH.

Welcome to a rare opportunity in the highly coveted Windsor Village / Hancock Park neighborhood -an area celebrated for its timeless character, tree-lined streets, and enduring property values. This charming Spanish-style duplex seamlessly blends classic architecture with modern updates, offering exceptional appeal for both owner-users and savvy investors. The property features two side-by-side units, each thoughtfully updated with modern kitchens, bathrooms, flooring, and newer windows. While each unit is officially a 1-bedroom, 1-bathroom, both offer additional versatile bonus rooms and an extra bathroom, creating a flexible and highly desirable living layout that enhances both comfort and rental appeal. A standout feature of this offering is that one unit will be delivered VACANT at closing, providing an immediate move-in opportunity for an owner-user, while the second unit generates income - an increasingly rare find in today's Los Angeles market. This dual-purpose flexibility significantly enhances both lifestyle and financial value. For investors, the property presents compelling upside potential, as the existing tenant is currently paying below-market rent, allowing for future income growth and long-term appreciation. Additionally, the detached storage structure offers potential for ADU conversion (buyer to verify), creating even greater value-add possibilities. Situated on a beautiful residential street, the property includes private gated entries, a long driveway with ample parking, and usable outdoor spaces that add to its livability and tenant appeal. Its prime central location places you moments from parks, dining, and some of Los Angeles' most desirable destinations. Opportunities like this combining location, flexibility, and upside are increasingly limited. Whether you are looking to secure a home in a premier neighborhood or expand your investment portfolio, this property delivers on all fronts. Property is being sold in its present "AS-IS" condition. Buyer to verify all information, including permits, square footage, and zoning

***RTI. READY TO INICIATE*** WE ARE PROUND TO PRESENT THIS PROJECT AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY, A, 3 STORY 17 UNITS 100% AFFORDABLE HOUSING APARTMENT, INCLUDE 3 STORY TYPE VA APARTMENT, TIER 4 TOC WITH BASE INCENTIVES ONLY, INCLUDE 1 VLI, 13LI. GREAT LOCATION ONLY ONE MILE AWAY TO DTLA, SELLER WILL DELIVERED FULLY ENTITLE, LOCATION AND PROXIMITY TO MAJOR EMPLOYMENT HUBS SUCH A DOWNTOWN LOS ANGELES AND GARMENT INDUSTRY, THIS SUPPORT MULTIPLE LEASE-UP STRATEGIES, INCLUDING FILLING UNITS THROUGH PATH, LAHSA OR SECTION 8, PLANS CALL FOR AN EFFICIENT THREE STORY PROJECT, THE EXISTING DUPLEX WILL BE DELIVERED VACANT. ALLOWING A DEVELOPER TO BREAK GROUND IMMEDIATELY, WITHOUT NAVIGATING THE PLANNING PROCESS OR TAKING ADDITIONAL RISK THROUGH PENDING ORDENANCES THAT ARE LIMITTING THE DEVELOPMENT OF SIMILAR HIGH DENSITY AFFORDABLE. THE PROJECT IS OFFERED AS AN ATTRACTIVE PRICE AND NEGOTIABLE. APPROVED DOCUMENTS ARE IN SUPLEMENTS BOX IN THE MLS

6.2 cap + 12.49 GRM + non rent control + assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO not rent control (Rent Stabilization Ordinance) built in 1989. End owner's 3 bed 3 bath unit is vacant & ready for the new owner to occupy or rent. Real gross income with the vacant owner's unit rented and laundry income is at 6.2 cap at $205,327 today. 2026 rent increases could see $219,192 income by October. Upside is to $238,029 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building. Each unit is large 3 bedrooms. 2 parking spaces for each unit. End unit has a fenced rear backyard. Tenants pay for their own water, electricity, and gas. Photos of vacant end unit.

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

Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses — 523, 525, and 527 Lincoln Ave — and delivers both immediate value and long-term upside. Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify with the City of Pasadena). Just minutes from the Rose Bowl and close to Pasadena’s popular dining, shopping, and vibrant downtown scene, this property combines location, condition, and upside — a rare find in one of Pasadena’s most desirable neighborhoods.

Exceptional 8-Unit Value-Add Opportunity in Prime USC Secure Zone! Located directly across from Richardson Family Park, this rare multifamily offering presents tremendous upside with over 80% rental growth potential. At pro-forma rents, the property achieves a double-digit cap rate exceeding 10%, making it one of the most attractive investment opportunities in the USC area.The property features a highly desirable unit mix of six 2BR/1BA units and two 1BR/1BA units, with an impressive average unit size of 822 SF. Situated on a 7,715 SF lot, the building includes 8 on-site parking spaces and is separately metered for gas and electricity, ensuring low operating expenses. Additionally, the electrical service panel has been recently upgraded, further reducing future capital needs. With its unbeatable location in the USC Secure Zone and proximity to USC campus, BMO Stadium, the new Lucas Museum, Exposition Park, and an abundance of dining and entertainment options, this property is a prime investment poised for immediate and long-term growth.

*Intrinsic Value* - A rare opportunity to add 18 ADUs (10 attached, 8 detached) without sacrificing any existing parking, bringing the total unit count to 58--significantly enhancing income potential. *9.24% Intrinsic Value Cap Rate* - Reflects the property's full cash flow potential after optimizing all income streams, including the build-out of ADUs and associated construction costs. *ADU Upside Potential* - Upon execution of the ADU development plan, projected metrics include a 7.84% cap rate, 8.62 GRM, and a 20.23% average annual return over five years post-construction. *Current Financial Metrics* - Priced at just $210K per unit, the property currently delivers a 5.39% cap rate and 11.13 GRM, with 41% upside potential, excluding the value-add from proposed ADUs. *Recent Upgrades* - Copper plumbing (2004), new roof (2015), new electrical subpanels (2024), upgraded water heater system (2023). *Location Benefits* - Situated in the prime NoHo Arts District submarket, less than one mile from the North Hollywood Metro Station (Red Line and G Line). Minutes from Universal Studios, the Burbank Media District, and major employers. The area is experiencing sustained growth driven by transit-oriented development, studio expansions, and new mixed-use projects. *Tenant Appeal* - Residents enjoy a walkable lifestyle near the NoHo Arts District's restaurants, coffee shops, studios, and nightlife. With the Metro less than a mile away, the property is highly attractive to young professionals, creatives, and studio employees seeking convenience without the premium pricing of Hollywood. *Walk Score* - Very walkable with a Walk Score of 79. Tenants can live, work, and socialize with minimal reliance on a car.NOTE: This Information is conceptual only. Buyers are advised to conduct a thorough investigation and consult with professionals as to the feasibility of adding ADUs.

5202 Knowlton Avenue presents a rare opportunity to acquire a well-located six-unitmultifamily asset in the highly desirable Westchester neighborhood of Los Angeles.Offered at $1,625,000, the property delivers an attractive 5.36% cap rate and 11.23 GRM,making it an ideal investment for both seasoned and first-time multifamily investorsseeking stable cash flow with meaningful upside potential.Built in 1951, the property consists of 4,456 square feet of improvements and features adesirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bathunits. The building will be delivered with two vacant units, providing immediate upsidethrough renovation and lease-up at market rents.The asset offers approximately 22% upside in rental income, allowing a new owner tosignificantly increase cash flow through strategic unit renovations and operationalimprovements.Positioned in prime Westchester, the property benefits from its proximity to majoremployment hubs including LAX, Playa Vista, and Silicon Beach, as well as convenientaccess to shopping, dining, and transportation corridors.Priced at $270,833 per unit and $365 per square foot, 5202 Knowlton Avenue representsa compelling value relative to comparable sales in the area, with the ability to enhancereturns through interior upgrades and operational improvements.