Park Hills Heights (PHHT) Homes with Multi Family Subtype

Welcome to Park Hills Heights, a vibrant gem nestled in the heart of Los Angeles, California. This dynamic neighborhood is known for its rich cultural tapestry and a strong sense of community, making it an ideal place for families and investors alike. With its close proximity to downtown Los Angeles, residents enjoy easy access to the bustling city life while still being able to retreat to a quieter, more suburban atmosphere.

One of the standout features of Park Hills Heights is its diverse range of housing options, particularly the multi-family homes that cater to a variety of lifestyles. These properties are perfect for those looking to invest in real estate or for families seeking a multi-generational living arrangement. With spacious layouts and modern amenities, these homes provide the flexibility and comfort that today’s homeowners desire. Imagine enjoying a cozy evening in your private unit while still being just steps away from loved ones in the adjoining space.

The neighborhood is also home to a plethora of parks, schools, and local businesses, ensuring that residents have everything they need within reach. Whether you’re strolling through the picturesque streets or enjoying a picnic in one of the nearby parks, Park Hills Heights offers a welcoming environment that fosters connection and community spirit.

With a growing interest in real estate, particularly in multi-family homes, now is an opportune time to explore the possibilities that Park Hills Heights has to offer. Embrace the charm of this Los Angeles neighborhood and discover a place where you can truly feel at home.

Newest Park Hills Heights (PHHT) Homes with Multi Family Subtype

$1,649,900

OC26134374 MLS ⋅ Active Status

Over $16,100 in monthly rental income!!!! Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants and on-site tenant manager.

6821 11th Ave., Los Angeles

$800,000

GD26008179 MLS ⋅ Active Status

Discover an exceptional investment opportunity in a prime Los Angeles location! The property includes HPOZ and LADBS-approved renovation plans, which include upgrades to plumbing, electrical systems as needed, and roofing, as well as renovations of the bathrooms, kitchen, flooring, and interior paint throughout. This historic Craftsman property offers multiple private rooms and five bathrooms, creating a unique residential income opportunity in the heart of the Westlake/Pico-Union area. Located minutes from USC, Downtown Los Angeles, Crypto.com Arena, and Koreatown, the property is well positioned for shared housing, workforce housing, student housing, co-living, or long-term residential occupancy. The home also features an oversized formal living room and dining room with original historic architecture and high ceilings. Additional features include central heating, on-site gated parking area, and a secured perimeter fence. With RD1.5-1-HPOZ zoning, the property presents a unique value-add opportunity for investors. Buyers should verify all permitted uses, zoning, permits, and development potential with the appropriate governmental agencies. This property is ideal for investors seeking immediate value-add potential, long-term appreciation, and multiple residential income strategies.

1324 S Westlake Avenue, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.