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211 N Serrano, Los Angeles
$1,200,000
GD26236164 MLS ⋅ Active Status
We are pleased to present 209–211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility. With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.

211 N Serrano, Los Angeles
1138 S Ardmore, Los Angeles
$875,000
DW26204119 MLS ⋅ Active Status
Excellent opportunity to own a 3-unit property in the heart of Los Angeles! this property offers a versatile unit mix along with several major improvements already completed. The front unit features 2 bedrooms, 1 bathroom, plus a small den, a long driveway providing ample off-street parking, and a 1-car garage. The second and third units each feature 1 bedroom and 1 bathroom, with both rear units sharing access to the backyard. Several major systems have been updated, including electrical, copper plumbing, and the gas line, while the roof was replaced approximately 10 years ago. With three units, off-street parking, garage space, and significant infrastructure improvements already completed, this property presents a great opportunity for an investor or owner-user looking to own a multi-unit property in a centrally located Los Angeles neighborhood. Conveniently situated near shopping, dining, transportation, and major thoroughfares, with easy access to Koreatown, Downtown Los Angeles, and surrounding areas. Lots of potential don’t miss this opportunity!

1138 S Ardmore, Los Angeles
120 N HOBART Boulevard, Los Angeles
$1,450,000
CV26132381 MLS ⋅ Active Status
"A rare and charming property on a quiet residential street in an up-and-coming city neighborhood with easy access to all major freeways. Located in the Koreatown area with markets, clinics, convenience stores, restaurants, and a post office nearby. The seller lives in the main unit at the front. All units are installed with wood floors. The main unit features a fully upgraded kitchen and bathrooms, meticulously maintained by the owner-occupant, ensuring the property is in pristine condition."

120 N HOBART Boulevard, Los Angeles
4214 Rosewood, Los Angeles
$1,399,000
DW26079741 MLS ⋅ Active Status
PRICE REDUCTION LOCATION ,LOCATION,LOCATION, TRIPLEX ON CORNER LOT CLOSE TO EAST HOLLYWOOD, KOREA TOWN AND WID WHILSHIRE AREA AND 10 MIN AWAY FROM DOWN TOWN L.A. PRME INVESTMENT OPPORTUNITY IN THE HEART OF LOS ANGELES FRONT HOUSE 4/2 REAR BUILDING 3/1 3/1 ALL UNITS WILL DELIVERY VACANT.

4214 Rosewood, 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.

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