2946 Francis Ave.
Los Angeles, CA. 90005
francis ave
 
 
Status: Active
Price: $725,000
Number Of Units: 4
Unit Mix:
1 bed, 1 bath each

CAP: 4.69
GRM: 14.41

Property Description:
2946-2952 Francis Ave is great Koreatown/Mid Wilshire location! The lowest priced four-plex in the neighborhood, this property is priced to sell.

Four HUGE one bedroom units (approx: 1120 sq/ft each) with hardwood floors, large kitchens, fireplaces, and large closets. Exterior is freshly painted. 2 Units have been rehabbed. Unit 2952 is delivered VACANT. Property has 5 Garages. Motivated Seller!Unit 2952 will be delivered vacant. - CALL FOR LOCKBOX


1866 West 11th Street
Los Angeles, CA. 90006
 
 
Status: Active
Price: $980,000
Number Of Units: 12
Unit Mix:
Type 1: 11 Units (1 bed, 1 bath each)
Type 2: 1 Unit (1 bed, 1 bath each)

CAP: 7.84
GRM: 8.78

Property Description:
NEW PRICING - MOTIVATED SELLER!

1866 W. 11TH STREET IS LOCATED IN THE CITY OF LOS ANGELES, ON A CORNER LOT CLOSE TO FAST DEVELOPING DOWNTOWN LOS ANGELES. THE PROPERTY CONSISTS OF: 11 STUDIOS, AND 1 BACHELOR. THE PROPERTY IS GATED AND RECENTLY PAINTED TO MAINTAIN A CLEAN IMAGE. THERE IS VIDEO SURVEILLANCE SYSTEM ON SITE TO MONITOR THE ENTRANCES AND PARKING AREA; WITH 5 PARKING SPACES. 11TH STREET, WEST OF ALVARADO, EAST OF UNION

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1447 South Crescent Heights
Los Angeles, CA. 90035
 
Status: Active
Price: $2,025,000
Number Of Units: 10
Unit Mix:
Type 1: 4 Units (2 bed, 2 bath each)
Type 2: 6 Units (1 bed, 1 bath each)

Year Built: 1955
GRM: 16.00

Property Description:
Great Investment Package -- this property can be sold with another 10 unit bldg. at 1621 Crescent Heights. Tremendous potential to increase income upto 40% when tenants move. Property needs some TLC. Highly desirable corner location -- surrounded by homes and smaller units, close to the 10 freeway, Beverly Hills and Museum Row. Units are large, have parking, laundry on site.


1621 South Crescent Heights
Los Angeles, CA. 90035
 
Status: Active
Price: $2,025,000
Number Of Units: 10
Unit Mix:
Type 1: 4 Units (2 bed, 2 bath each)
Type 2: 6 Units (1 bed, 1 bath each)

Year Built: 1958
GRM: 15.48

Property Description:
 Great Investment Package -- this property can be sold with another 10 unit bldg. at 1447 Crescent Heights. Tremendous potential to increase rents up to 40% when tenants move. Property needs some upgrading. Highly desirable corner location -- surrounded by homes and smaller units, close to 10 Freeway, Beverly Hills, Museum Row. Units are large, have parking and on site laundry.


5128 Maplewood Avenue
Los Angeles, CA. 90004
 
Status: Active
Price: $649,000
Number Of Units: 2
Unit Mix:
Type 1: 1 Unit (2 bed, 1 bath each)
Type 2: 1 Unit (2 bed, 1 bath each)

Year Built: 1921
GRM: 16.00

Property Description:
SHORT SALE, subject to lender approval. Both units have been remodeled. Newer kitchens, hardwood floors, laundry in each unit, individual water heaters, yard space. Garage converted to office. Charming with much potential. Close to Paramount Studios. West of Wilton, Between Melrose & Beverly Blvd.


1333 South Westlake Avenue
Los Angeles, CA. 90006
 
Status: Active
Price: $1,800,000
Unit Mix:
Type 1: 15 Units (1 bed, 1 bath each)
Type 2: 3 Units (2 bed, 1 bath each)

Year Built: 1959

Property Description:
1333 Westlake "The Weston" is 18 unit apartment building with 15 one bedroom, one bath units and 3 two bedroom, one bath units. Situated on a large lot, and built in 1959 using stucco/wood frame construction, the property has been well maintained and stands out as being the cleanest property on the street. The property has parking for 12 cars, and is completely gated. The building operates (proforma) at a 7.85 GRM and 9.84% CAP at market rent. Rents shown as of January 08. Can be sold with 1203.

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1203 Arapahoe Street
Los Angeles, CA. 90006
 
Status: Active
Price: $1,375,000
Unit Mix: 13 Total Units
2 Units: 0 Bed/1 Bath
11 Units: 1 Bed/1 Bath

Year Built: 1941
GRM: 11.30

Property Description:
Corner property located on a quiet Korea town street, conveniently close to Downtown. There are two buildings built in 1953 and 1941 totaling 13 units. There are 11 one bed / one bath and 2 single apartments. There is 23% UPSIDE IN RENTS. All units are individually metered for utilities. There are 2 garages which rent for a total of $400 month. Property is sold AS-IS. This is a great investment. Call L.A. for details and rent roll.


1140 Sunvue Place/1167 Bellevue Avenue
Los Angeles, CA. 90012
 
Status: Active
Price: Undisclosed
Unit Mix: 8 Total Units
8 Units: 1 Bed/1 Bath

Year Built: 1961
GRM: n/a

Property Description:
One-of-a-kind opportunity to own two 4-plexes in historic Angelino Heights, within a stones throw of Downtown, Silverlake and Chinatown. There are two separate parcels. There is an assumable 1st. T.D. for $4oo,ooo @ 6% interest only on each property. 5 units completely rehabbed: new baths, hardwood floors, new kitchen appliances with Caesar stone counters and Bisazza tile floors. Individual water heaters. Laundry on premises. Parking. Views of Downtown.


10107 South Hoover Street
Los Angeles, CA. 90044
Status: Sold
Price: $435,000
Unit Number: 5
Unit Mix:
Type 1:   1 Unit (2 bed, 1 bath each)
Type 2:   1 Unit (2 bed, 1 bath each)
Type 3:   1 Unit (1 bed, 1 bath each)
Type 4:   1 Unit (1 bed, 1 bath each)
Type 5:   1 Unit (1 bed, 1 bath each)


Year Built: 1957
GRM: 10.42
CAP: 6.49

Property Description:
Very clean building with new roof, paint and stucco. Updated electrical. All tenants are month to month. To be sold "as is." Ask for inspection report details. East of Vermont, West of Figueroa. 101st street & Hoover.

341 South Gramercy Avenue
Los Angeles, CA. 90020
Status: Sold
Price: $2,550,000
Unit Mix:
Type 1: 12 Units (2 bed, 1 bath each)


Year Built: 1929
GRM: 11.3
CAP: 6.2

Property Description:
NON-RENT CONTROL 12 unit apartment building located in Hancock Park adj. All units two bedroom, 1  bath completely remodeled in 1998. Call for details.

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974 West Kensington Rd
Los Angeles, CA 90026
Status: Sold
Sale Price:  $1,200,000
10 Units (1 Bed/1  Bath each)
Lot Size
: 9,278
Year Built: 1960
 

Property Description:
Separate gas and electric meters, one water heater, a laundry room (operated by Coinmach), pitched ceilings for the five units on the second floor, 10 on-site parking spaces for each unit (two carports, 8 open), and REAL upside in rents! The current rents are a reflection of rent control and an owner, who has not stayed in touch with the appreciating rental market. The building is located within the Angelino Heights Historic Preservation Overlay Zone.
 


409 Gensee Avenue
Los Angeles, CA. 90036
 
Status: Sold
Sale Price: $1,410,001
Unit Mix: 8 Units (1 bed, 1 bath)
 

Property Description:
BEST VALUE IN TOWN! Desirable location: THE GROVE / CBS / MELROSE, 8 unit apartment building with large 1 Bedroom + 1 Bath units, $164.375/DOOR. Each unit is approximately 842 square feet. Under utilized parking area. 14.61 GRM and 4.59% CAP at current rent, with 69% UPSIDE! Laundry on premises. Preferably sold with 415 Genesee (adjacent 4 unit property, MLS 07-236565), SOLD AS-IS. Zone: LA-RD1.5.

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415 North Gensee Avenue
Los Angeles, CA. 90036
 
Status: Sold
Sale Price: $1,340,000
Unit Mix: 2 Unit Types
Type 1: 1 Unit (2 bed, 2 bath)
Type 2: 3 Units (2 bed, 1 bath)

Year Built: 1928
GRM: 15.44

Property Description:
BEST VALUE IN TOWN! Desirable location: THE GROVE / CBS / MELROSE, 1920s Spanish Character 4 unit property with one 2 Bedroom + 2 Bath unit and three 2 Bedroom + 1 Bath units. 5 parking spaces, including storage garage space. Each unit is approximately 1385 square feet with hardwood floors, 1920s Spanish details, washer/dryer hookups in each unit. 15.44 GRM and 4.16% CAP at current rent, with REAL UPSIDE! Preferably sold with 409 Genesee.(adjacent 8 unit property, MLS 07-236567). SOLD AS IS.

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1118 Electric Avenue
Venice, CA. 90291
 
Status: Sold
Sale Price: $800,000
Unit Mix: 3 Total Units

Year Built: 1913
GRM: 0.00

Property Description:
SOLD FOR LAND VALUE. This lot is dynamite -- street to street( Electric Av. to 5th. Av.), across from Art lofts. Rockenwagner Cafe is round the corner on Abbot Kinney. The improvements need help. Some options: teardown and rebuild SFR/duplex/artloft (check with city) or major rehab/addition. Sold AS IS. Tenants pay very low rents. Tuesday October 2nd will be ONLY public viewing. Otherwise no showings without an accepted offer.

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939 N. Oxford Ave
Los Angeles, CA. 90029
 
Status: Sold
Sale Price: $1,350,000
Unit Mix: 10 Total Units
4 Units: 2 Bed/1 Bath
6 Units: 1 Bed/1 Bath

Year Built: 1956
GRM: 12.70

Property Description:
This bread and butter 10 Unit is close to Paramount Studios, on the coat tails of Hollywood redevelopment and is a great investment. There are 4 two bedroom 1 bath units and 6 one bedroom 1 bath units with 22% UPSIDE IN RENTS. The building is individually metered for utilities. Laundry income is $60 month. This is a great investment. Call L.A. for details and rent roll.


611 S Humphrey's Avenue
Los Angeles, CA. 90022
 
Status: Sold
Sale Price: $1,150,000
Unit Mix: 8 Total Units
6 Units: 2 Bed/1.5 Bath
2 Units: 1 Bed/1 Bath

Year Built: 1964
GRM:
10.03

Property Description:
NO RENT CONTROL – POTENTIAL CASH FLOW (New projected rents effective 9/18/2006): Well maintained 8 Unit Building with GREAT UNIT MIX! SIX: 2 bed/1.5 bath TOWN HOME style units (w/d hookups), TWO: 1 bed/ 1 bathroom units. Separate gas, water and electrical meter for each unit. Individual water heaters. 12 Parking Spaces (8 car ports, 4 garaged). Located in a redevelopment area of unincorpoated Los Angeles County. Close to schools, businesses, the 710, 60, and 5 Freeways. *CO-LISTED. Call 4 Detail


1551 N. Poinsettia Place
Los Angeles, CA. 90046
 
Status: Sold
Sale Price: $2,300,000
Unit Mix: 14 Total Units
2 Units: 2 Bed/1 Bath
10 Units: 1 Bed/1 Bath
2 Units: 0 Bed/1 Bath

Year Built: 1964
GRM:
15.75

Property Description:
Prime Hollywood -- location does not get better then this. Huge corner lot just south of Hollywood Bl.. This is a great development opportunity -- condos/apts being built all around. This attractive, architectural building could also be a great income producer as rents are low for the area but not too low to prevent vacancies. Laundry room, all ensclosed garages, hardwood floors.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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