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$1,770,000
AR26200038 MLS ⋅ Active Status
Come take a look at this! First time on the market in almost 30 years... This rare opportunity to acquire a character-rich Spanish-style duplex in one of Central Los Angeles’ most desirable and supply-constrained residential neighborhoods. Built in 1928, the property consists of two exceptionally large three-bedrooms, 1¾-bathroom residences totaling approximately 3,906 square feet on an approximately 5,860-square-foot lot. The property represents an especially compelling opportunity for an owner-occupant seeking to create a customized residence while maintaining the benefits of an income-producing property. With each unit offering approximately 1,950 square feet of living space, a buyer has the ability to renovate and personalize one of the expansive residences to their own specifications while occupying the property and benefiting from rental income generated by the second unit. The property is ready for the next owner to show it some love and bring it back to its original glory. It’s a great opportunity to live in one unit and rent out the other! The oversized floorplans offer a residential scale that is increasingly difficult to replicate in the surrounding market. Original architectural character, hardwood floors, generous living spaces, private outdoor areas and two garages providing dedicated on-site parking create an excellent foundation for a thoughtful renovation that preserves the property’s classic Los Angeles character while introducing modern finishes and amenities. Positioned in the Miracle Mile / Mid-Wilshire area, 1118 S Sycamore Avenue offers convenient access to some of Los Angeles’ most prominent employment, retail, dining and entertainment destinations, including The Grove and Original Farmers Market, Beverly Hills, West Hollywood, Hancock Park, Beverly Grove, Century City and Koreatown. Whether acquired by an owner-user looking to renovate and create their own residence or an investor seeking a well-located multifamily asset with long-term upside, 1118 S Sycamore Avenue offers a unique combination of scale, architectural character, income potential, dedicated parking and location.

1118 S Sycamore, Los Angeles
$3,500,000
19 Beds ⋅ 18 Baths ⋅ 26986935 MLS ⋅ Active Status
We are pleased to present 228 S. Mariposa Avenue, an 18-unitmultifamily investment opportunity situated in the highly walkable Koreatown neighborhood of Los Angeles. Originally constructed in 1956, the property comprises approximately 14,257 square feet of building area on a substantial 15,000 square foot lot. The property offers an attractive and highly rentable unit mix consisting of three (3) (two-bedroom + one bathroom) units, thirteen (13) (one bedroom + one bathroom) units, and two (2) (studio) units. One of the studio units, Unit #18, is a permitted attached accessory dwelling unit completed in 2024. Many of the apartment interiors have been beautifully remodeled with a combination of contemporary finishes and spacious, functional floor plans. Select renovated units feature updated kitchens with modern cabinetry, upgraded countertops, tile backsplashes, stainless steel appliances, contemporary flooring, recessed lighting, ceiling fans, and refreshed bathrooms. Large windows provide abundant natural light, while separate dining areas, generous living spaces, and ample storage further enhance the units' appeal. Ownership has also completed a series of capital improvements throughout the property. Notable upgrades include extensive Type L copper plumbing upgrades completed over multiple years, window improvements, an upgraded electrical panel, a newer water heater, partial sewer line improvements, retrofit work, exterior painting, asphalt improvements, updated laundry equipment, roofing improvements, and a new gas valve. These improvements, together with the renovated interiors and permitted ADU, provide a strong physical foundation for continued ownership and future operations. The property offers approximately 14 parking spaces, including 12 covered spaces in the rear carport area and one tandem space along the north side of the property. The size and configuration of the rear portion of the lot may also provide an investor with the opportunity to explore the development of additional accessory dwelling units, potentially above the existing carports (Buyer to Verify).

228 S Mariposa Avenue, Los Angeles
$5,195,000
18 Beds ⋅ 18 Baths ⋅ 26986945 MLS ⋅ Active Status
2nd Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 8% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry, countertops, vanities, and fixtures. The property offers strong curb appeal with fresh exterior paint and professional landscaping, creating an inviting tenant experience. Located in the highly desirable Koreatown and Wilshire Center submarkets, the asset benefits from close proximity to Larchmont Village, Hollywood, and Downtown Los Angeles, as well as excellent walkability to dining, entertainment, and cultural amenities. With its prime location and strong income profile, 4203 Council Street represents an ideal investment for buyers seeking immediate cash flow and long-term appreciation.

4203 Council Street, Los Angeles
$1,195,000
3 Beds ⋅ 1 Baths ⋅ 26985653 MLS ⋅ Active Status
We are pleased to present a unique residential development opportunity at 918 S Kingsley Drive in the heart of Koreatown. The property consists of approximately 6,753 square feet of LAR4-zoned land improved with a vacant single-family residence, providing a developer with immediate site control and eliminating the need for tenant relocation. Ownership has completed substantial pre-development work and has initiated plans for a proposed 29-unit apartment development utilizing Tier 3 Transit Oriented Communities (TOC) incentives. The current plans contemplate a six-story, Type III-A residential building consisting of 29 one-bedroom/one-bathroom units. In addition to architectural plans, ownership has completed surveys and other development-related due diligence, providing a prospective purchaser with a significant head start toward advancing the project. Strategically located just three blocks south of Wilshire Boulevard and several blocks east of Western Avenue, the property offers convenient access to Metro transit, the 10, 101 and 110 Freeways, and the extensive retail, dining, entertainment and employment amenities throughout Koreatown. Surrounded by Hancock Park, Larchmont Village, Mid-Wilshire, Pico-Robertson and other established Central Los Angeles neighborhoods, 918 S Kingsley Drive presents an attractive opportunity to capitalize on continued demand for infill multifamily housing in one of Los Angeles' most centrally located residential markets. Prospective purchasers are encouraged to independently verify all zoning, TOC eligibility, plans, unit count, development standards, permits, approvals and other development potential with the appropriate governmental agencies and qualified professionals. Contact the listing broker for additional information.

918 S Kingsley Drive, Los Angeles
$1,250,000
8 Beds ⋅ 5 Baths ⋅ 26932647 MLS ⋅ Active Status
GREAT LOCATION IN KOREATOWN! Rare opportunity to own a well-maintained income-producing property with strong character and a solid cap rate in the heart of Los Angeles. This excellent 5-unit investment property features four very spacious 1-bedroom, 1-bathroom attached units (2 upstairs & 2 downstairs), plus a separate, detached 2-bedroom, 1-bathroom rear building that is perfect for an owner-user. The current seller has updated all units with beautiful tiled floors, separate gas/electric meters, a newer roof, and newer plumbing. Tenants pay for their own electricity and gas. Situated in proximity to Downtown LA, vibrant dining, shopping, and major transit. This is a straightforward standard sale opportunity to add a high-potential asset to your portfolio! PLEASE DO NOT DISTURB TENANTS.

1215 Fedora Street, Los Angeles
$1,500,000
11 Beds ⋅ 8 Baths ⋅ NDP2608150 MLS ⋅ Active Status
Now priced to reflect a short sale opportunity. Sale subject to lender approval. Excellent value-add opportunity in a prime Los Angeles location. 144 S Kenmore Ave is a four-unit residential income property offering approximately 4,660 SF of building area on an approximately 7,140 SF LAR3 lot, with substantial renovation already completed. Two units have been fully renovated, and two additional units remain unfinished. The two completed units underwent extensive renovations, including new plumbing and electrical, kitchens, bathrooms, flooring, windows, recessed lighting, cabinetry and fixtures. Seller states the completed renovation work was performed with permits. The two unfinished units are currently configured for completion as 3-bedroom/3-bath units. The planned final configuration is approximately one 2-bedroom/2-bath unit and three 3-bedroom/3-bath units, subject to buyer verification of final legal bedroom/bathroom counts, plans and permits. The property is being offered without existing tenant leases, giving the next owner an opportunity to evaluate the existing improvements and complete the remaining work, subject to applicable permitting and occupancy requirements. The rear parking/garage area and overall site configuration may also offer potential for ADUs or other future development opportunities, subject to buyer investigation, zoning, permitting and City approval. Conveniently located near Koreatown, Larchmont Village, Virgil Village, shopping, dining, transit and major employment centers. An opportunity to acquire a fourplex with substantial improvements already completed and additional upside through completion and lawful lease-up. The property is subject to the Los Angeles Rent Stabilization Ordinance and is offered as-is in its current, partially renovated condition. Buyers should independently verify permits, lawful occupancy, applicable rental restrictions, development potential and costs to complete the remaining work.

144 S Kenmore Avenue, Los Angeles
$1,800,000
7 Beds ⋅ 6 Baths ⋅ 26875119 MLS ⋅ Active Status
LAR4 8542 s/f, TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY:POTENTIAL FOR APPROX. 45 UNITS MIXED-INCOME OR 63+ UNITS AS 100% AFFORDABLE, SUBJECT TO BUYER'S INDEPENDENT VERIFICATION AND CITYAPPROVALS. SELLER AND LISTING AGENT MAKE NO GUARANTEES. PROPERTY SOLD AS-IS, NO REPAIRS OR CREDITS. OFFERED PRIMARILY FOR LANDVALUE AND TO BE DELIVERED VACANT.

977 Arapahoe Street, Los Angeles
$649,000
2 Beds ⋅ 2 Baths ⋅ 26873983 MLS ⋅ Active Status
Beautifully updated Mediterranean-style penthouse condo built in 2007, ideally located in the heart of Koreatown near shops, restaurants, and exciting new developments along Olympic Blvd. This spacious 2BR + 2BA + loft unit features a second-story loft that can be used as a 3rd bedroom, home office, or den. The two bedrooms are thoughtfully separated by the living room, offering privacy and a comfortable floor plan. Features include bamboo flooring throughout, recessed lighting, a living room with fireplace and private patio, and a modern kitchen with granite countertops, pantry, and stainless steel appliances. The primary suite offers a walk-in closet and its own private patio. Gated community with elevator access, Assigned tandem 2-car parking, and 5 guest parking. All appliances are included. A wonderful opportunity in a prime Koreatown location!

1042 S Kingsley Drive Unit PH4, Los Angeles
$1,199,000
4 Beds ⋅ 1 Baths ⋅ 226003920 MLS ⋅ Active Status
Fixer. Unlocking endless possibilities in the sought-after Ardmore Heights neighborhood! Located at 650 N Normandie Ave, this property represents a rare, value-add opportunity with incredible potential for investors, contractors, or visionaries looking for their next major project. Capitalize on the prime location and convenient access to local amenities, major thoroughfares, and surrounding hubs. Currently offered as drive-by only. Strictly no showings or walking the property at this time due to safety concerns. Bring your imagination, tap into the upside of Ardmore Heights, and maximize this high-potential project!

650 N Normandie Avenue, Los Angeles
$1,899,000
4 Beds ⋅ 4 Baths ⋅ IV26177873 MLS ⋅ Active Status
Set behind the gates of the historic Lafayette Square HPOZ, this residence offers absolute privacy and show-stopping curb appeal in this celebrity-favored enclave. 1826 Wellington Rd blends timeless craftsmanship with stately proportions, ideal for those who value legacy, elegance, prominence, and convenience (unbeatable location). Lafayette Square holds a storied place in Los Angeles history, thanks to its variety of beautiful homes, situated close to world-class shopping, dining, and medical care. The 400 sf ADU was completed in June 2026. Total SF of house and ADU is 2,586 sf. The Certified Appraisal was for $2,100,000 on 8/5/2026.

1826 Wellington Road, Los Angeles
$2,050,000
16 Beds ⋅ 8 Baths ⋅ 26871787 MLS ⋅ Active Status
We are pleased to offer for sale 2769 San Marino Street, an eight-unit apartment community bordering the Koreatown neighborhood of Los Angeles, just east of Vermont Avenue and north of Olympic Boulevard.Built in 1987, the property rises two stories over ground-level parking and comprises 6,080 square feet on a 6,750-square-foot lot. All eight residences are two-bedroom, one-bathroom floor plans, a uniform configuration that simplifies renovation, leasing, and ongoing management. Residents are served by 15 parking spaces and on-site laundry. By virtue of its 1987 construction, the property is not subject to the Los Angeles Rent Stabilization Ordinance; rents are instead governed by AB 1482. Significant rental upside remains, available to a new owner through ordinary turnover and interior renovation rather than through a repositioning of the asset. The immediate area is highly walkable and well served by transit. The property carries a Walk Score of 94, and the Wilshire/Vermont Station, served by the Metro B and D Lines, sits a short walk to the north, with several Metro bus lines and the DASH Wilshire Center/Koreatown circulator running within a few blocks. The Wilshire corridor's office base, Southwestern Law School, and Koreatown's restaurants and retail immediately to the west anchor a deep tenant pool, one that continues to draw households priced out of the surrounding submarkets.For a buyer underwriting durable in-place income alongside a defined path to market rents, 2769 San Marino Street offers a straightforward execution in a long-established rental submarket.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

2769 San Marino Street, Los Angeles
$1,795,000
AR26160318 MLS ⋅ Active Status
Exceptional Koreatown Investment Opportunity! Well-maintained 6-unit apartment property located in the heart of highly desirable Koreatown, one of Los Angeles' strongest rental markets. Situated on an LAR4-zoned lot, this property offers an exceptional combination of stable current income and outstanding long-term redevelopment potential (buyer to verify). Surrounded by numerous recently developed apartment and mixed-use projects, the neighborhood continues to evolve with modern architecture and an attractive streetscape, further enhancing the property's long-term investment appeal. The property features a desirable unit mix of apartment units and detached homes, offering strong tenant appeal and operational flexibility. Ideally located just minutes from Wilshire Blvd., Vermont Ave., and Olympic Blvd., the property enjoys convenient access to Metro stations, public transportation, shopping, restaurants, and major employment centers, making it highly desirable for tenants. Whether you're seeking a turnkey income-producing asset, a value-add investment, or a prime redevelopment opportunity, this is a rare offering in one of Central Los Angeles' most sought-after investment markets.

3106 San Marino, Los Angeles
$519,000
1 Beds ⋅ 1 Baths ⋅ 26857879 MLS ⋅ Active Status
Enchanting 1930s French Normandy condo - they simply don't build them like this anymore! Tucked behind gates and set far back from the street, you'll arrive through a lush central courtyard complete with a front lawn, prolific lemon tree, and charming shared outdoor dining area. Nestled within the heart of this charming 16-unit French Normandy building, this generously proportioned first-floor residence is filled with natural light and timeless character. The gracious living room is anchored by a magnificent original decorative fireplace and showcases ornate crown molding, beautiful hardwood floors, a freshly painted interior, and a sun-filled bay window framing picturesque views of the verdant central courtyard. Just beyond, the formal dining room flows seamlessly into a truly captivating vintage kitchen brimming with character. Thoughtfully refreshed with classic black-and-white checkerboard floors, warm raw wood cabinetry, cheerful yellow tile, and a beautifully preserved matching vintage stove, the space is equal parts nostalgic, functional, and undeniably charming. The spacious sunlit bedroom easily accommodates a king-size bed, while the beautifully preserved mauve-pink vintage bathroom is a rare design treasure, rich with original charm and timeless appeal. Thoughtful updates include fresh paint, new wall sconces, several beautiful period light fixtures, central heat, and a dedicated in-unit laundry room. Additional highlights include basement storage, a private one-car garage, and sweeping downtown views from the shared rooftop. Ideally located with easy access to DTLA and Koreatown, this one-of-a-kind residence offers an irresistible blend of architectural character, vintage soul, and everyday livability.

1143 S Westmoreland Avenue Unit 5, Los Angeles
$2,300,000
8 Baths ⋅ 26860393 MLS ⋅ Active Status
We are pleased to present 3148 James M. Wood Boulevard, an exceptional 8-unit turnkey apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic rental markets. Originally built in 1952, the property features an attractive unit mix of (2) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units.The property underwent a comprehensive interior and exterior renovation in 2020, creating a highly desirable, modern living environment for tenants. Each residence features an open-concept floor plan with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms have been tastefully upgraded with tiled walk-in showers featuring glass enclosures, new vanities with stone countertops, and contemporary fixtures. Every unit also includes an in-unit washer and dryer along with an individual water heater, providing added convenience and efficiency for residents.Exterior and system improvements completed during the renovation include new windows, roof, electrical, fresh exterior paint, and updated metal railings on the balconies and staircases, resulting in strong curb appeal and reduced near-term capital expenditure requirements.The approximately 6,800-square-foot building is situated on a 6,645-square-foot corner lot zoned LAR4, providing investors with long-term redevelopment potential in a rapidly evolving neighborhood.The property boasts an outstanding Walk Score of 95, placing residents within close proximity to Koreatown's vibrant collection of coffee shops, restaurants, bars, markets, and retail destinations along Olympic Boulevard, Wilshire Boulevard, 8th Street, and Western Avenue. The location also offers exceptional regional connectivity with convenient access to the 101, 10, and 110 Freeways, making commuting to Downtown Los Angeles, Hollywood, Beverly Hills, Century City, Culver City, and Westwood quick and convenient.Additionally, the property is located just 0.5 miles from the Wilshire/Normandie Metro D Line Station, providing direct access to Downtown Los Angeles and, through the Metro D Line Extension, expanding westward service to Beverly Hills, Century City, and Westwood as stations continue opening through 2027. This continued investment in public transportation further enhances the property's long-term desirability and investment appeal.

3148 James M Wood Boulevard, Los Angeles
$1,229,000
10 Beds ⋅ 6 Baths ⋅ 26859683 MLS ⋅ Active Status
Well-maintained building located at 1138 Fedora St offers a rare investment opportunity in the heart of the highly desirable Olympic-Wilshire/Koreatown area. The property is currently 100% occupied, providing immediate and stable cash flow, with significant value-add potential and substantial rental upside for investors seeking to maximize returns. Situated on one of the most sought-after streets in the neighborhood, the property offers convenient access to major freeways, public transportation, Koreatown nightlife, restaurants, and shopping. Strong rental demand and long-term appreciation potential make this a high-performing asset in a prime location.

1138 Fedora Street, Los Angeles
$1,750,000
7 Beds ⋅ 6 Baths ⋅ PF26151135 MLS ⋅ Active Status
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!

148 S Normandie Avenue, Los Angeles
$1,699,000
6 Beds ⋅ 4 Baths ⋅ 26858467 MLS ⋅ Active Status
Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.

225 S Hoover Street, Los Angeles
$1,290,000
4 Beds ⋅ 3 Baths ⋅ DW26148703 MLS ⋅ Active Status
MAJOR PRICE IMPROVEMENT — NOW $1,290,000! Priced to sell, this beautifully updated 4-bedroom, 3-bath single-family home offers approximately 2,420 sq. ft. of living space on a generous 6,009 sq. ft. lot near Koreatown. Step inside to a bright, spacious living area, an open and flexible floor plan, and a modern renovated kitchen with ample counter and storage space. The large backyard offers excellent ADU potential for a detached guest suite, private living space, home office, or possible future rental income. Located in the historic Harvard Heights HPOZ, the property combines classic Los Angeles character with modern interior comfort and convenient access to Koreatown, USC, Downtown LA, shopping, dining, and major transportation routes. The seller has made a substantial price adjustment and is ready to sell. Easy to show—schedule your private tour today and submit your offer! Buyer to independently verify all property information, permits, zoning, HPOZ requirements, and ADU feasibility.

2251 Cambridge Street, Los Angeles
$1,200,000
7 Beds ⋅ 4 Baths ⋅ 26857173 MLS ⋅ Active Status
This is a three-unit property consisting of one 3-bedroom, 2.5-bath unit with approximately 2,000 sq ft, plus two 2-bedroom, 1-bath units each with approximately 1,000 sq ft. The total living area is approximately 3,939 sq feet.

124 N Berendo Street, Los Angeles
$1,999,000
4 Beds ⋅ 2 Baths ⋅ 26856581 MLS ⋅ Active Status
Developer's special. As is condition, Price is negociale IMMEDIATE SELL!Huge house (over 3,200 sq. ft) on Corner Lot zoned LAR4-2, Lot size 50' x 135' in Booming Korea Towndistrict and desirable Neighborhood. Close to Wilshire and Metro.Many developments in the vicinity

869 Irolo Street, Los Angeles
$1,499,000
6 Beds ⋅ 6 Baths ⋅ 26855353 MLS ⋅ Active Status
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!

1125 S Ardmore Avenue, Los Angeles
$1,650,000
8 Beds ⋅ 5 Baths ⋅ PF26141844 MLS ⋅ Active Status
Prime Koreatown Covered Land Play, House-Hack, & High-Density Development Opportunity! This versatile setup is perfect for an owner-user looking to occupy the entire property, or "house-hack" by living in one unit while offsetting the mortgage with substantial supplemental income from the others. It is equally lucrative for traditional investors and developers alike. Situated on a prime ±5,901 sq. ft. flat lot in the high-demand rental core of Los Angeles (90006), 1107 S Mariposa Ave represents the ultimate multi-tier investment asset. Operating with an SFR footprint but uniquely optimized for maximum revenue, the property features a turnkey, high-yield co-living configuration in the front building paired with a detached back unit. Crucially, 100% of the current tenants are on Month-to-Month leases at rates significantly below market standards, delivering an incoming buyer unparalleled operational flexibility. This ensures an immediate path to aggressive market-rate stabilization for a value-add buyer, or a frictionless timeline for a developer looking to clear the site. While generating resilient holding income, buyers can leverage the property's premium R3-1 zoning and Transit Oriented Communities (TOC) eligibility. This high-density transit corridor designation unlocks massive development incentives, including enhanced Floor Area Ratios (FAR), increased height allowances, and dramatically reduced parking requirements that slash subterranean construction costs. With an established proof of concept directly in the immediate submarket—notably demonstrated by the successful recent development at 1110 S Mariposa Ave—this asset is an incredibly secure, low-overhead wealth-preservation vehicle in one of Southern California's most supply-constrained rental markets!

1107 S Mariposa Avenue, Los Angeles
$1,750,000
PF26141841 MLS ⋅ Active Status
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!

148 S Normandie Avenue, Los Angeles
$2,750,000
AR26141790 MLS ⋅ Active Status
Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-bedroom, 3-bathroom floor plan, including a bedroom and full bathroom on the main level—ideal for guests, roommates, multi-generational living, or a home office. Upstairs, two spacious bedroom suites provide privacy and comfort, making the layouts especially appealing to today's renters. As a newer construction property, the building offers lower maintenance costs compared to older multifamily properties. In addition, tenants pay all utilities except trash, helping reduce operating expenses and improve investment performance. Residents enjoy modern amenities including central air conditioning and heating, in-unit laundry, abundant natural light, and townhouse-style living that feels more like a private home than a traditional apartment. Conveniently situated near Koreatown, Downtown Los Angeles, USC, and major transportation corridors, the property offers easy access to West Hollywood, Beverly Hills, Hollywood, and other major employment and entertainment centers. Combining a prime location, newer construction, flexible floor plans, lower maintenance, and strong tenant appeal, this property presents an exceptional investment opportunity with long-term upside.

211 S Hoover Street, Los Angeles
$1,470,000
6 Beds ⋅ 6 Baths ⋅ 26852097 MLS ⋅ Active Status
This 4 Plex offers an exceptional opportunity to grow your portfolio in one of LA's most sought-after rental markets. 2bed/2bath x2 (Rear building) was built in 2001. 1bed/1bath x2 (Front building) was built in 1957. One 2bed/2bath unit is owner use. It features good income, copper pipes and coin laundry at the property. A basement unit(permit status is unknown) at the front building is occupied by a tenant pays $500/month. This well-maintained building is surrounded by nice neighbors and offers 7 parking spots and a secure auto gate. With the potential for strong rental income, this property is perfect for buyers aiming for long-term gains and future appreciation. It is conveniently located near the restaurants, markets, shopping, medical clinics, bus stops, Fwy 10 and LADT. The property is being sold as-is condition. Seller is motivated.

1229 S Harvard Boulevard, Los Angeles
$1,795,000
8 Beds ⋅ 8 Baths ⋅ 26853139 MLS ⋅ Active Status
Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

244 S Alexandria Avenue, Los Angeles
$1,100,000
BB26132383 MLS ⋅ Active Status
Prime Mid-Wilshire/Wilshire Vista Development Opportunity! Located in one of Los Angeles' most desirable neighborhoods, this LAR2-zoned property offers exceptional investment and redevelopment potential. Existing zoning may accommodate multifamily development, ADUs, or future redevelopment opportunities (buyer to verify with the City of Los Angeles). LAR2 zoning may provide greater flexibility than SB 9, with potential opportunities for Density Bonus or other incentive programs, if applicable. Ideally situated in the sought-after Wilshire Vista/Mid-Wilshire neighborhood, adjacent to Miracle Mile and just minutes from Larchmont Village, Hancock Park, Beverly Grove, West Hollywood, and Koreatown. Enjoy convenient access to premier dining, shopping, entertainment, and major employment centers. Property is subject to the City of Los Angeles REAP Program. One unit is tenant-occupied and will transfer subject to the existing tenancy. The owner-occupied unit will be delivered vacant at the close of escrow. CASH OFFERS ONLY ! Buyer to independently verify zoning, development potential, allowable uses, REAP status, tenancy, and any applicable incentive programs with the City of Los Angeles.

1259 S Orange Drive, Los Angeles
$999,000
4 Beds ⋅ 4 Baths ⋅ 26850585 MLS ⋅ Active Status
This Craftsman-style, two story, four-unit multifamily property is located in the heart of Koreatown. Each unit features a functional one-bedroom, one-bath layout with heating and air conditioning, offering strong appeal for tenants and owners alike. The property includes a driveway with additional parking space behind the building and a rear storage shed. With its classic architectural character, practical unit mix, and central Los Angeles location near dining, shopping, public transit, and major employment corridors, 1219 Irolo Street presents an excellent opportunity for investors or buyers seeking income-producing residential property in one of L.A.'s most active rental markets.

1219 Irolo Street, Los Angeles
$2,099,900
8 Beds ⋅ 8 Baths ⋅ SR26134430 MLS ⋅ Active Status
Fully renovated 4-unit investment property offering 4,087 sq ft with 8 bedrooms and 7.5 baths across two separate buildings. The rear structure features two updated 2-bedroom, 2-bath units (approximately 916 sq ft each), while the front building includes a spacious 2-bedroom, 2-bath lower unit (approximately 1,205 sq ft) and a 2-bedroom, 1.5-bath upper unit (approximately 1,050 sq ft). All units have been thoughtfully upgraded with contemporary finishes, refreshed interiors, and updated systems. The property includes four off-street parking spaces and inviting shared outdoor areas that enhance its residential appeal. An exceptional opportunity for investors or owner-users seeking a move-in-ready asset with strong income potential, flexible occupancy options, and future TIC exit possibilities.

1189 Crehnshaw, Los Angeles
$925,000
3 Beds ⋅ 3 Baths ⋅ GD26128574 MLS ⋅ Active Status
This stunning 3-bedroom, 1,897 sq ft townhome feels more like a single-family home with its private 2-car garage and direct entry. Step inside to an open, sun-filled floorplan with soaring 10-ft ceilings, skylights, and a private patio that’s perfect for relaxing or entertaining. The chef’s kitchen shines with stainless steel appliances, and brand-new finishes throughout—fresh paint, new flooring, and beautifully updated bathrooms. You’ll love the cozy fireplace, recessed lighting, central A/C, and in-unit laundry for everyday comfort. Upstairs, the oversized primary suite is your retreat with huge closets and a spa tub. The secondary bedroom is spacious enough for a king bed plus a sitting area, and the attached bath offers double sinks and tons of storage. Tucked away in the back of the community, this end unit offers extra privacy with easy garage access off 3rd Street. Low HOA dues and a prime location minutes from DTLA, Koreatown, Echo Park & Silver Lake make this home the total package! Please contact listing agent for full list of upgrades!

308 1/2 Commonwealth Avenue, Los Angeles

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