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$6,249,000
SR26179746 MLS ⋅ Active Status
Motivated Seller - Bring Offers. No City of Los Angeles Rent Control. Burts & Associates is proud to present 222 N. Manhattan Place, an exceptional opportunity to acquire a 16-unit, 2023-built multifamily property in a central Los Angeles location. The property offers investors the benefits of newer construction, modern building systems, contemporary design, and limited near-term capital expenditure requirements. The building features a desirable unit mix consisting of 14 one-bedroom units, one two-bedroom unit, and one studio. The residences offer thoughtfully designed floor plans with contemporary interiors, modern kitchens and bathrooms, high ceilings, hardwood-style flooring, stainless steel appliances, in-unit laundry, and private balconies in select units. The larger floor plans and modern finishes provide an attractive residential offering for today's Los Angeles renter. Building amenities include 12 subterranean parking spaces, 18 bicycle parking spaces, elevator service, controlled access, and separately metered utilities. The property's newer construction and efficient building systems provide ownership with a lower-maintenance multifamily investment compared with much of Los Angeles' older apartment inventory. Ideally situated near Koreatown, Larchmont Village, Hollywood, and Downtown Los Angeles, 222 N. Manhattan Place provides convenient access to major employment centers, restaurants, shopping, entertainment, and public transportation. The combination of 2023 construction, modern amenities, efficient operations, on-site parking, and a strong central Los Angeles location makes the property an attractive opportunity for an investor seeking a high-quality, newer-construction multifamily asset.

222 N Manhattan, Los Angeles
$3,749,000
BB26177778 MLS ⋅ Active Status
4505 W 18th Street is a beautifully designed 2022-built six-unit investment opportunity in the heart of Mid-City. This fully stabilized, non-rent-controlled asset is 100% leased and offers a strong 5.93% current cap rate with additional upside to a 6.22% pro forma cap rate, making it an ideal turnkey investment for both cash flow and long-term appreciation. The property consists of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences totaling approximately 8,156 square feet. Designed with today's renters in mind, each spacious unit features high ceilings, oversized windows, expansive balconies or patios, modern kitchens and bathrooms, stainless steel appliances, central HVAC, and in-unit washers and dryers. All units are separately metered for gas, electricity, and water, helping minimize operating expenses while maximizing net income. Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one. Ideally situated in one of Los Angeles' strongest rental markets, the property is just minutes from Culver City, Miracle Mile, and major employment centers including Amazon, Apple, HBO, and Sony. As opportunities to acquire newer, fully stabilized, nonrent- controlled multifamily assets continue to become increasingly scarce, 4505 W 18th Street presents an exceptional long-term hold and 1031 exchange opportunity in one of LA's most sought-after investment corridors.

4505 W 18 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
$1,680,000
AR26120331 MLS ⋅ Active Status
Location! Location! An excellent opportunity to own this 6 unit apartment property in the heart of Korea Town.A minute walking distance to banks, shopping, restaurants and transportation. All 2 bedrooms 1 bathroom, clean and well maintenance,zoning LAR4. There are a total of 6 parking spaces at the rear of the property. No Soft Story Earthquake Seismic Retrofit needed. Potential for ADU and storage units . This prime property is centrally located in Koreantown. Many shopping establishments and public transportation are with in walking distance. With the opening of Metro's D Line Extension Section 1, this expansion makes it easier to travel between Mid-Wilshire, Miracle Mile, Koreatown, Downtown Los Angeles and the wider Metro system with faster, traffic-free trips. Riders now have direct access to museums, jobs, healthcare, shopping and neighborhood destinations along one of the region’s busiest corridors. Upon Completion of Extension # 3, riders have potential traffic-free trips from KoreanTown to Westwood/UCLA area. Don't miss this chance to invest in a property with a solid rental history and potential for growth. Whether you're a seasoned investor or a new entrant into the market, this 6-unit gem offers an excellent foundation for building your real estate portfolio. Seize this opportunity to become a part of this thriving community and secure a valuable asset in a prime location! Please do not disturb tenants, drive by only..

978 S Ardmore Avenue, Los Angeles
$1,945,000
SR26094522 MLS ⋅ Active Status
Nestled in the heart of prime Koreatown, this 8-unit property offers an attractive investment opportunity with a versatile unit mix comprised of 1 studio unit, 6 one-bedroom units, and 1 two-bedroom unit, appealing to a wide range of tenants. Spanning approximately 6,080 square feet on a 5,749-square-foot lot, the property also features 7 to 8 tandem parking spaces. Currently generating a gross annual rent of approximately $145,224, the asset presents strong upside potential in rents. With a permit already pulled for the soft-story retrofit, a new roof underway, and several units recently updated, this property combines current income with clear value-add opportunities. Ideally located in a vibrant, walkable neighborhood near shops, dining, and public transit, this is a prime opportunity to invest in one of Los Angeles’ most dynamic and in-demand rental markets.

132 N Normandie, Los Angeles
$1,500,000
LG26074807 MLS ⋅ Active Status
Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 units that each showcase their own two bedrooms and full bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City.

525 N Kenmore Avenue, Los Angeles
$2,499,000
SR26070209 MLS ⋅ Active Status
Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels—1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)—to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

1056 S Serrano, Los Angeles
$1,360,000
TR26029817 MLS ⋅ Active Status
Opportunity Zone!Rarely to find! 8-Unit investment opportunity !Very good return of less care property. Every unit has own electricity meter and own Laundry. located in the highly coveted Korea-Town neighborhood of Los Angeles. Built in 1923, this property totals 5,040 SF on a 7,250 SF R3 Zoned lot in the heart of Koreatown. 2 story income property updated in 2010 by city & building code. 4 units are 1 bed+1 Bath, other 4 units are studio with long term tenants. Sold with tenants in place. This property well-maintained with a secure, gated. Located next to many shops and restaurants in Koreatown. Close to DTLA and 10,110,101 FWY. please do not disturb tenants. Subject to interior inspection. Stable Income and no Vacancy. No problem to find new Tenants at at all.

1136 Arapahoe, Los Angeles
$6,998,000
GD26007787 MLS ⋅ Active Status
Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.

178 Alexandria Avenue, Los Angeles

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.