Park Hills Heights (PHHT) Homes with Multi Family Subtype

Welcome to Park Hills Heights (PHHT), a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural diversity and strong community spirit, Park Hills Heights offers a unique blend of urban living and suburban charm. With its tree-lined streets and friendly atmosphere, it’s a place where families thrive, and new friendships blossom.

The real estate market in Park Hills Heights is particularly exciting, especially for those interested in multi-family homes. These properties provide an excellent opportunity for investors and homeowners alike, offering the potential for rental income while still enjoying the comforts of home. Imagine living in a beautifully designed duplex or triplex, where you can share your space with family or friends, or even generate passive income from tenants.

Homes in this area often feature spacious layouts, modern amenities, and are conveniently located near local parks, schools, and shopping centers. The neighborhood’s proximity to major highways and public transportation makes commuting a breeze, allowing residents to easily access all that Los Angeles has to offer—from the bustling downtown to the scenic beaches.

In Park Hills Heights, you'll find a variety of multi-family homes that cater to different lifestyles and budgets. Whether you’re seeking a charming vintage property or a contemporary new build, this neighborhood has something for everyone. Embrace the opportunity to invest in a community that is not only growing but is also rich in culture and history. Discover the charm of Park Hills Heights today, where your dream home awaits!

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

$1,599,900

OC26134374 MLS ⋅ Active Status

Over $16,200 in monthly rental income!!!! You won't find a building nicer than this one, at this price, with this type of 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 several years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants. Total monthly utility costs are approximately $1,400.

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

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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.