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$2,225,000
11 Beds 10 Baths 26925107 MLS Active Status
Currently operating as a successful Airbnb with a strong rental history. Seller-provided financials reflect strong cash flow with an estimated CAP RATE of 7.25%! This is a rare newer-construction fourplex, certificate of occupancy was issued in 2023 and thoughtfully designed across two separate buildings in the heart of North Hollywood. Featuring approximately 4,270 square feet of living space on a 5,000 square foot lot, this exceptional investment opportunity offers a desirable unit mix of spacious two- and three-bedroom residences designed to meet today's rental demand. Each unit showcases contemporary finishes, open-concept living spaces, large in-unit washer and dryers, separate utility metering, and private outdoor areas, creating an attractive living experience for both short-term and long-term tenants. The gated property offers eight parking spaces and low-maintenance newer construction, providing investors with a turnkey asset and reduced future capital expenditures. Ideally located just minutes from NoHo West, the NoHo Arts District, Universal Studios, major employment centers, dining, entertainment, and convenient transportation options, the property benefits from strong rental demand and continued neighborhood growth. Whether you're seeking a high-performing income property, a 1031 exchange opportunity, or a long-term hold in one of Los Angeles' most dynamic rental markets, 5853 Vineland Ave delivers the perfect combination of modern construction, prime location, and investment potential.

5853 Vineland Avenue, Los Angeles

$3,195,000
15 Beds 16 Baths 26925475 MLS Active Status
Huge ~700k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.5% Cap Rate from day 1 with 39% upside to a 9.8% Cap on Proforma! Attractively priced at only $296/SF and $245k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (2 of which have not been officially assigned and may be rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy's Restaurant, Courage Bagels, and many more.

1045 N Ardmore Avenue, Los Angeles

$1,360,000
P1-28656 MLS Active Status
Excellent Duplex - Top-Rated Arcadia School District! Prime investment opportunity, conveniently located near Elementary School, Middle School, Arcadia High School, Arcadia Library, Arcadia Park, Santa Anita Mall, restaurants, shopping, and golf courses. Duplex currently used as a 3BR/2BA unit and a 2BR/2BA unit, each with central air/heat, newer hardwood floors, private entrance, in-unit laundry hookups, and a private two-car garage. Separate gas and electric meters for each unit. Front and back yards with fruit trees. City-approved conceptual plans for two additional ADUs offer strong future income potential. Buyer is advised to independently verify all development potential, approvals, permits, and requirements with the City.

207 Genoa Street, Arcadia

$1,875,000
16 Beds 8 Baths 26925063 MLS Active Status
Price Reduction! Large 7,152 SF 8-Unit value-add building cash flowing at a Current 4.25% Cap Rate with a whopping 100% upside to a 10.6% Cap on Proforma! Attractively priced at only 234k/unit for entirely 2-bedroom units and only $262/SF. Large 9,500 SF lot with plans to add 8 detached ADUs to achieve an incredible 12.8% Current Cap Rate, 19% Proforma Cap, 161k/unit, and only $258/SF after taking into account all the construction costs (~715k assuming $250/SF). The exterior of the property has undergone detailed renovations and features on-site parking as well as an updated laundry room. Electricity and gas are individually metered which minimizes operating expenses. Prime Mid-City location just minutes away from Beverly Hills, Culver City, West Adams, as well as many hip neighborhood attractions, restaurants, bars, shops, such as Cento Pasta Bar, The Blending Lab Winery, Tartine Bakery, Farmhouse Kitchen Thai Cuisine, Mu. S Coffee, Cumulus luxury 31-story 1,210 unit mixed-use project, 260 units Habitat Residences campus with retail and creative office, and much more.

2325 S Ridgeley Drive, Los Angeles

$749,900
DW26190901 MLS Active Status
BEST PRICE IN LOS ANGELES !!!! EXCELLENT LOCATION THAT OFFERS A PERFECT BLEND OF COMFORT & CONVENIENCE PROVIDING EASY ACCES TO DOWN TOWN & ALL RECREATIONAL PLACES IN LOS ANGELES- SO-FI STADIUM,LA LIVE, ALL STADIUMS, THEATERS & MORE THAT THE CITY OFFERS. 2 SEPARATE HOUSES IN A LOT + 2 CAR GARAGE READY TO BE CONVERTED IN A ADU AND GET MORE INCOME AND RETURN ON YOUR INVESTMENT!! GATED ENTRANCE PLUS A LONG DRIVE WAY TO PARK 6 CARS, IS A GREAT OPPORTUNITY !!! FRONT HOUSE CURRENTLY USED AS A 3 BEDROOMS AND BACK HOUSE USED AS 2 BEDROOMS, PLEASE DO NOT CONTACT OR DISTURB THE OCCUPANTS OF THE PROPERTIES, CONTACT LISTING AGENT FOR ALL CONCERNS. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use codes, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records. Buyer is advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals.

1656 16581 E 61st, Los Angeles

$1,279,000
ML82059303 MLS Active Under Contract Status
SPACE. INCOME. FLEXIBILITY. Prunedale duplex located *OUTSIDE City Limits & Coastal Zone*, offering approximately 2,302 SF plus a detached garage on a USEABLE 1/2 ACRE LOT. - UNIT DETAILS - Each of the (2) units is approximately 1,151 SF with (3) bedrooms, (2) full bathrooms, and bonus room with closet that could serve as a (4)th bedroom, office, etc. The original single-car garages were recently converted to provide an additional bedroom and full bathroom per unit. Each unit has individual utility meter and wall heaters. *Unit #7695 is currently rented for $4,500/month.* - OUTDOOR SPACE - Both units have private, spacious fenced backyards. The expansive front portion of the property offers additional space for parking, storage, equipment, recreational vehicles, animals, and more. - WATER & SEPTIC - Mutual shared water costs approximately $864/year. (2) 1,500-gallon septic systems were recently pumped and inspected. - GARAGE - Newly constructed and finished detached garage was built. - LOCATION - Convenient Prunedale location with quick access to Highway 101, near the stoplight and without being farther down San Miguel Canyon Road. A versatile property offering income, flexible living space, private yards, substantial usable space, and additional storage.

76857695 Pine Tree, Salinas

$3,000,000
SR26188226 MLS Active Status
Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to buyer verification and applicable city requirements. The property's location is another significant advantage. Situated with convenient access to Downtown Los Angeles, USC, the Los Angeles Convention Center, Metro rail, and the 110 Freeway, residents benefit from proximity to major employment centers, educational institutions, entertainment, sporting and convention venues, public transportation, and the many amenities of central Los Angeles. For investors, the combination of 20 units, separate enclosed kitchen rooms, separately metered utilities, extensive electrical and plumbing upgrades, complete re-roofing, newer water-heating equipment, security cameras, monitored fire protection, and additional basement space creates an appealing multifamily investment opportunity.

331 W 45th Street, Los Angeles

$574,999
DW26190862 MLS Pending Status
INVESTOR OPPORTUNITY – 2 HOMES ON 1 LOT! This property at 5526 Compton Ave., Los Angeles features two separate homes on one lot, offering an excellent opportunity for investors looking to renovate and add value. The property sits on a 6,000+ sq. ft. lot and is zoned LARD1.5. Both homes are being sold in AS-IS condition with existing tenants. This is a true fixer opportunity with potential for investors to improve the existing structures and explore the possibilities offered by the lot and zoning. Important: This property will not qualify for conventional financing. Cash or alternative financing may be required. Property Highlights: 2 Separate Homes on 1 Lot 6,000+ Sq. Ft. Lot LARD1.5 Zoning Investor/Fixer Opportunity Existing Tenants Sold AS-IS Not Eligible for Conventional Financing Potential Income-Producing Property Buyer to conduct their own due diligence regarding zoning, permits, tenant status, square footage, development potential, and all other property information.

5526 Compton Avenue, Los Angeles

$1,595,000
PW26190870 MLS Active Status
The Bellflower Blvd 4-plex presents a rare owner user or investor opportunity to acquire a renovated 4-plex in Bellflower with stable tenants while still having realistic rental upside. The structure was built in 1971, measures 4,130 square feet and sits atop a 5,025 square foot lot. The subject property boasts a desirable unit mix of (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath, and (1) 1 bedroom 1 bath apartments. All apartments have been renovated in the past few years with updates including new windows, white shaker cabinets, quartz countertops (kitchens and bathrooms), plank vinyl flooring, and new appliances. Tenants enjoy separately metered utilities, an onsite laundry room and assigned carport and open parking spaces. The 4-plex is located in a commuter friendly location with easy access to the 605, 105 and 91 freeways, connecting tenants to major employment hubs throughout the broader Los Angeles and Long Beach metro regions.

14534 Bellflower Blvd., Bellflower

$3,995,000
20 Baths 26924643 MLS Active Status
Huge 500k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 9% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 11% Cap Rate after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.

1344 W 4th Street, Los Angeles

$1,070,000
7 Beds 6 Baths 26924165 MLS Active Status
Huge ~225k Price Reduction! 6-unit value-add building with 12 parking spaces cash flowing at a 6.5% Cap Rate from day 1 with upside to an 11.9% Cap on Proforma! Fully Approved RTI plans to add 6 detached ADUs to achieve an incredible 13.5% Current Cap Rate, 16.9% Proforma Cap, and only 144k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!

1325 E Adams Boulevard, Los Angeles

$1,800,000
41146742 MLS Active Status
Eight-unit multifamily asset, two buildings on a 6,800 SF corner lot in Oakland, offered at $1.8M. Executable pro forma cap rate of 9.2% at full stabilization. Two of the eight units are finished to a standard this submarket does not typically produce: large-format slate tile, ductless mini-split climate control, in-unit LG washer/dryer, quartz and marble kitchens with Samsung appliances and wine refrigerator, and bathrooms built to a boutique-hotel spec; floor-to-ceiling wood-grain tile, frameless glass showers, floating black vanities, black fixtures throughout. Mature Italian cypress and custom iron fencing frame the corner exterior; keyfob-secured gates front and rear, enclosed parking, and a built-in package drop complete a presence uncommon for the asset class. The remaining six units carry a documented path to increased rents: $75,000 refurbishment investment per unit, ($450,000 total), converting current monthly rent of $12,999.88 to a market monthly rent of $21,510 with all units upgraded. Each completed "proof" unit has produced a 19–23% coupon return on invested capital — the work is not projected, it is documented and replicated. (See Offering Memorandum for more detail) 2300 Fruitvale is Building 1 of the 6 building Excedente Portfolio, that is dramatically outperforming the market, in demographic & landscape changing Oakland. This is not a forward-looking market story — it is already on the ground. Jeff Bezos' Project Prometheus, an AI manufacturing venture valued at $41 billion, signed a 100,000 SF lease at the former American Steel complex on Mandela Parkway in West Oakland. Tesla signed roughly 40,000 SF at the same campus days later. Behring Capital separately proposed converting a downtown Oakland office tower into an AI data center anchoring a 1.3M SF innovation campus. All three moves landed within the same two-week span in August 2026 — signed leases and active filings, not proposals under review. San Francisco's median two-bedroom rent crossed $6,000 a month for the first time in mid-2026. Oakland's median sits at $2,640 — a $3,380 monthly gap, while Oakland apartment vacancy has compressed from 9.7% in late 2023 to 4.1% today. The workforce priced out of San Francisco is relocating to Oakland. This asset is the EXACT product the young AI workforce is looking for, priced and renovated at today's Oakland numbers; before either move finishes. The question is whether you want to be positioned before or after the lag closes.

2300 Fruitvale Ave, Oakland

$5,399,000
260021317SD MLS Active Status
Situated just one property from the iconic Del Mar coastline, 120-126 4th Street offers a truly exceptional opportunity to own a premier coastal fourplex in one of Southern California’s most coveted beach communities. Set on a spacious lot in the heart of Del Mar, this unique property combines an irreplaceable location with ocean views, a desirable unit mix, and significant potential for the next owner. The property features three generously sized 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. All three 2-bedroom units enjoy ocean views, while the shared courtyard and ocean-view backyard create inviting outdoor spaces to relax, entertain, and take in the quintessential Del Mar lifestyle. For investors, developers, or owner-users, the value-add possibilities are particularly compelling. The location is simply hard to beat. Step outside and enjoy a walkable coastal lifestyle just moments from the Del Mar cliffs and sandy beaches, as well as Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and some of Southern California’s most celebrated surf breaks. Outdoor enthusiasts will love the proximity to Torrey Pines State Natural Reserve and Torrey Pines Golf Course, while Scripps Health facilities and the world-famous Del Mar Racetrack are just minutes away. Adding even more value, the property includes four covered parking spaces plus five additional off-street spaces - a remarkable and increasingly rare amenity in the heart of Del Mar Village. See supp. With its oversized lot, ocean views, flexible unit mix, abundant parking, and one of the most desirable coastal locations in Southern California, 120-126 4th Street presents an extraordinary opportunity to own, invest, and create something special in Del Mar.

120 26 4th St, Del Mar

$799,000
SB26188914 MLS Active Status
A great opportunity for investors, this tenant-occupied property features two detached residences offering privacy, functionality, and established rental income. Both the front and rear units have been updated with newer plumbing and electrical systems, along with updated kitchens and bathrooms. Each residence offers its own private backyard, creating a more independent, single-family-home feel for tenants. Both units also feature their own washer and dryer, along with fully owned solar systems that provide added value without the expense of a solar lease. The property offers three off-street parking spaces, including two spaces for the rear unit and driveway parking for the front unit. With two detached homes, private outdoor spaces, owned solar, updated systems, and existing tenants in place, this property presents a compelling opportunity for an investor looking to add a well-maintained South Bay income property to their portfolio.

846 W Santa Cruz, Los Angeles

$3,495,000
15 Beds 15 Baths 26880413 MLS Active Status
Exceptional investment opportunity in the heart of North Hollywood. Built in 2006, this well-maintained 5-unit multifamily property features five spacious 3-bedroom residences, currently 100% occupied and generating $19,400 in monthly rent. Each residence offers generous living space, central air conditioning, in-unit washer/dryer, multiple private balconies and abundant storage. Additional highlights include a rooftop area, secure entry, gated parking, security system, individually metered gas and electricity, and separate APNs for each residence, offering added flexibility for future individual resale. Ideally located near the vibrant NoHo Arts District, dining, entertainment and major Metro connectivity. With newer construction, oversized floor plans, strong occupancy and highly desirable resident amenities, 5237 Willowcrest presents an attractive opportunity for investors seeking a stabilized multifamily asset in a high-demand North Hollywood location.

5237 Willowcrest Avenue, Los Angeles

$2,599,000
260021310SD MLS Active Status
Turn-Key Fourplex with Strong Rents & Low-Maintenance Ownership. An excellent long-term investment opportunity in San Diego. The property features two 3-bedroom, 2-bath units, a 1-bedroom, 1-bath unit, and a studio. The two rear units were brand-new construction completed in 2023, while the studio was fully renovated in January 2026 and the front 3-bedroom unit received a complete interior repaint in 2026. Current rents are $5,145 and $4,800 for the 3-bedroom units, $2,995 for the 1-bedroom, and $2,200 for the studio, providing strong income across a desirable unit mix. Units feature modern kitchens, updated finishes, dual-pane windows, air conditioning, in-unit laundry, and private or shared outdoor spaces. With newer construction, recent improvements, strong rents, and limited anticipated upkeep, this is an ideal opportunity for an investor seeking a stabilized, easy-to-manage San Diego asset with excellent long-term potential.

4768 74 Bancroft St, Normal Heights

$1,088,800
OC26190608 MLS Active Status
**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

5174 Linden, Long Beach

$1,195,000
4 Beds 2 Baths 26876429 MLS Active Status
5742 La Mirada Ave is a charming duplex located in the desirable Hollywood Studio District! Built in 1917, the property offers approximately 2,574 square feet of living space on a 7,500 square foot LAR3-zoned lot. The property is comprised of two (2) one-bed/one bath units. 5742 La Mirada Ave features three (3) parking spaces and is gated for added security. The adjacent property at 5736 La Mirada Ave is also available for sale and may be purchased separately or together, offering a combined lot size of approximately 15,000 SF and the potential to develop up to two (2) additional ADUs on each lot (buyer to verify). Expenses Estimated. 5742 La Mirada Ave is ideally situated near the intersection of Sunset Blvd and N Van Ness Ave, the property benefits from its location within Hollywood's established studio and entertainment district. 5742 La Mirada Ave is surrounded by major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals including Netflix, Sunset Gower Studios, and Sunset Bronson Studios and Hollywood Presbyterian Medical Center. Rated "Very Walkable" with a Walk Score of 83, the property offers convenient access to the shopping, dining, and entertainment options along Santa Monica Blvd, Sunset Blvd. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. The property is also half a mile away from future Echelon Studios, a 550,000-square-foot mixed-use development featuring new production studios, office space, and retail. Residents further benefit from numerous public transportation options, as well as convenient access to the Metro B Line and the 101 Freeway, providing connectivity throughout Los Angeles.

5742 La Mirada Avenue, Los Angeles

$1,195,000
3 Beds 3 Baths 26876367 MLS Active Status
5736 La Mirada Ave is a charming triplex located in the desirable Hollywood Studio District! Built in 1951, the property offers approx. 2,375 square feet of living space on a 7,500 square foot LAR3-zoned lot. The property is comprised of three (3) one-bed/one-bath. 5736 La Mirada Ave features five (5) parking spaces in the rear and is gated for added security. The adjacent property at 5742 La Mirada Ave is also available for sale and may be purchased separately or together, offering a combined lot size of approximately 15,000 SF and the potential to develop up to two (2) additional ADUs on each lot (buyer to verify). Expenses estimated. 5736 La Mirada Ave is ideally situated near the intersection of Sunset Blvd and N Van Ness Ave, the property benefits from its location within Hollywood's established studio and entertainment district. 5736 La Mirada Ave is surrounded by major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals including Netflix, Sunset Gower Studios, and Sunset Bronson Studios and Hollywood Presbyterian Medical Center. Rated "Very Walkable" with a Walk Score of 83, the property offers convenient access to the shopping, dining, and entertainment options along Santa Monica Blvd, Sunset Blvd. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. The property is also half a mile away from future Echelon Studios, a 550,000-square-foot mixed-use development featuring new production studios, office space, and retail. Residents further benefit from numerous public transportation options, as well as convenient access to the Metro B Line and the 101 Freeway, providing connectivity throughout Los Angeles.

5736 La Mirada Avenue, Los Angeles

$4,895,000
12 Beds 14 Baths 26873441 MLS Active Status
Attention, Owner-Users and Investors: This amazing six-unit luxury building is located just south of Montana Avenue in a prime, highly sought neighborhood of Santa Monica. Enjoy strong income and upside potential! Three of six units, including the front owner's unit, will be delivered vacant upon close of escrow. Live in a fabulous home and rent out the others or add this to your investment portfolio and purchase an amazing property at a great value. The large front-facing owner's unit is like a single-family residence and spans three levels, with three bedrooms, 3.5 bathrooms, a huge extra bonus room, and a four-car garage. Five additional units have been renovated or are in excellent condition and include a mix of single-level and townhouses, each with a one-car garage. The large front unit includes a beautiful French country kitchen with top-of-the-line appliances, a formal dining room with sliding doors opening to a side patio for al-fresco dining, and a primary suite with excellent treetop views. Secondary bedrooms are spacious, and a lower level has a bonus flex space that can be used for guests, as a hobby room, artist's retreat, office, gym, and more. Attached to the bonus room is a private laundry room with side-by-side washer/dryer. Welcome!

828 16th Street, Santa Monica

$2,050,000
12 Beds 12 Baths 26907637 MLS Active Status
5345 La Mirada Avenue is a well-maintained 10-unit multifamily property located in East Hollywood. Built in 1965, the property totals approximately 8,648 SF of living space situated on a 7,500 SF LARD1.5-zoned lot. The three-story building offers a desirable unit mix of eight (8) 1-bed/1-bath units and two (2) two-bed/two-bath units. The spacious residences average approximately 600 SF for the one-bedrooms and 800 SF for the two-bedrooms, with many featuring hardwood flooring, wall A/C units, ceiling fans, ample storage, and attractive city views. Five units have been renovated in recent years with updated kitchens, bathrooms, and dual-pane windows. The two end units benefit from windows on three sides, providing exceptional natural light and panoramic views of Hollywood and Downtown Los Angeles. Offered at a 5.96% CAP Rate and 10.86 GRM on current rents, $205,000/unit and $237/SF! This property offers a stable and competitive return at current rents, and a significant upside as units turn over and pro forma rents are achieved. East Hollywood is a vibrant, centrally located Los Angeles neighborhood known for its rich cultural mix, anchored by Thai Town and Little Armenia, a strong local food scene, and a walkable, urban feel. It offers a blend of classic Craftsman homes, mid-century apartments, and newer multifamily development, with easy access to Hollywood, Los Feliz, Griffith Park, and major transit routes. Popular with renters, creatives, and investors alike, Melrose Hill continues to see steady demand. The median home sales price is approximately $900,000, though pricing varies widely by property type and location within the neighborhood.

5345 La Mirada Avenue, Los Angeles

$3,349,000
SB26190326 MLS Active Status
526–534 W 47th Street presents an opportunity to acquire two neighboring apartment buildings totaling 19 units in a central Los Angeles location. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the property’s existing income. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates the state requirement for an on-site resident manager. Conveniently located near the 110 Freeway, USC, Exposition Park, the Los Angeles Memorial Coliseum and Downtown Los Angeles, this offering provides attractive scale, immediate vacant-unit potential and meaningful long-term rental upside.

526 534 W 47th St, Los Angeles

$3,600,000
PTP2606618 MLS Active Status
The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diego’s strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. There is approximately 11% income upside remaining with select units, the implementation of a utility billback program, and separated billing one of the double car garages. The asset is forecasted to produce $301,380 GSI and a 5.78% market cap rate at full market operations, with no additional capital investment required to achieve that additional income

4341 Texas Street, San Diego

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.