Mid Los Angeles (C16) Homes with Multi Family Subtype

Welcome to Mid Los Angeles (C16), a vibrant and diverse region that embodies the essence of Southern California living. Nestled in the heart of Los Angeles, this area is known for its rich cultural tapestry, eclectic neighborhoods, and a dynamic real estate market that offers a variety of housing options, including multi-family homes.

Mid Los Angeles is a melting pot of cultures, featuring an array of restaurants, shops, and entertainment venues that reflect the community’s diversity. From the bustling streets of Koreatown to the charming residential pockets of West Adams, the region boasts an array of amenities that cater to every lifestyle. Residents enjoy easy access to public transportation, making commuting to downtown LA and other parts of the city a breeze.

For those interested in real estate, Mid Los Angeles presents a unique opportunity with its multi-family homes. These properties are perfect for investors seeking to tap into the growing rental market or for families looking to share a space while maintaining individual privacy. The multi-family homes in this area often feature modern amenities, spacious layouts, and the potential for significant rental income, making them an attractive option for both seasoned investors and first-time buyers.

Living in Mid Los Angeles means embracing a lifestyle filled with cultural experiences, culinary delights, and community spirit. Whether you’re looking to invest or find your next home, this region offers a compelling blend of opportunity and charm. Explore the possibilities that await in Mid Los Angeles, where your dream property is just around the corner!

Newest Mid Los Angeles (C16) Homes with Multi Family Subtype

$3,775,000

CV26204221 MLS ⋅ Active Status

Rare opportunity to acquire a substantial multifamily investment property in the highly desirable Mid-City/Harvard Heights area of Los Angeles. The property features 17 units on an approximately 10,018-square-foot lot, offering investors a sizable existing rental asset with meaningful value-add potential. The property includes 14 existing units plus 3 attached ADUs, providing an attractive opportunity to enhance the income-producing potential of the property. Five units have been fully remodeled with permitted improvements, including updated kitchens, modern cabinetry, flooring, lighting, bathrooms, and other interior and exterior enhancements. The property benefits from individually metered gas and electricity, gated parking, and a well-positioned two-story configuration. The approximately 9311-sq ft building sits within a commercially zoned area for both multi-family and retail. It offers investors multiple avenues to improve operations, rents, and overall property performance, subject to applicable approvals and regulations. This property maintains an approximate cap rate of 5.14% from Day 1 and upside up to a Proforma rate of 10.48%. Strategically located along Venice Boulevard with convenient access to Koreatown, Downtown Los Angeles, Culver City, major employment centers, public transportation, and regional freeways. This is a compelling opportunity for investors seeking an established multifamily asset in a central Los Angeles location with existing improvements and additional upside potential.

1639 S Hobart, Los Angeles

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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.