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$980,000
5 Beds 4 Baths AR26121695 MLS Active Status
Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space. The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.

3110 Raymond Ave, Los Angeles

$1,750,000
SR26121368 MLS Active Status
Prime Redevelopment Opportunity – High-Density SB 79 Site with Approved ADU in Hollywood Outstanding opportunity to acquire a 4-unit apartment property positioned for significant redevelopment upside in one of Hollywood’s most desirable and transit-oriented residential neighborhoods. The existing improvements include two 2-bedroom / 2-bath units and two 1-bedroom / 1-bath units, all featuring formal living rooms, formal dining rooms, oversized kitchens, and private balconies. The property is located within a high-density residential zone qualifying for enhanced development incentives under California SB 79, allowing substantial residential density increases beyond base zoning standards. When paired with SB 35 ministerial approval pathways and SB 330 development streamlining and vested rights protections, this site offers a rare opportunity for by-right multifamily expansion with reduced entitlement risk and accelerated timelines. Approved plans for an additional 2-bedroom ADU are already in place, providing immediate near-term income upside while longer-term redevelopment options are explored. The zoning and statutory framework make this property ideal for unit count expansion, vertical addition, or full redevelopment, subject to buyer verification. Ideally situated walking distance to Los Feliz Village, acclaimed restaurants, boutique retail, and everyday amenities. The property is also minutes from Kaiser Permanente, Children’s Hospital Los Angeles, and Hollywood Presbyterian Medical Center, and conveniently close to major studios and employment centers throughout Hollywood and Los Angeles. A rare Hollywood redevelopment asset offering existing cash flow, approved ADU plans, and exceptional density bonus and streamlining advantages under SB 79, SB 35, and SB 330.

1415 N Mariposa, Los Angeles

$980,000
AR26117965 MLS Active Status
Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space. The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.

3110 Raymond Ave, Los Angeles

$1,299,000
OC26121307 MLS Active Status
Price Reduced $100,000 – Outstanding Investment Opportunity! Prime Corner Lot Investment Opportunity in Los Angeles. Situated on an expansive 10,538 sq. ft. corner lot, this well-maintained 4-plex offers outstanding potential for investors, developers, or owner-users. The property includes four individually addressed units, four garage spaces, and a gated, fully secured covered yard—ideal for additional rental income or future expansion. The building features three month-to-month tenants and one unit delivered vacant at close of escrow, making it perfect for an owner-occupant or value-add strategy. In addition, the garages and rear yard space will be delivered vacant, providing immediate flexibility for renovation, repositioning, or maximizing rental income. A rare chance to acquire a versatile multifamily asset in a high-demand Los Angeles location with large lot, ideal for those seeking scale, upside, and long-term value.

2949 S Harcourt Avenue, Los Angeles

$3,290,000
SR26118465 MLS Active Status
Introducing 5627 Riverton Ave — a stunning newer-construction four-unit townhome development completed in 2023, offering the perfect blend of modern luxury, architectural style, and exceptional investment potential in the heart of the highly sought-after NoHo Arts District. Thoughtfully designed with sophisticated contemporary finishes and strong income-producing appeal, this trophy property stands out as one of the best opportunities in North Hollywood. Each residence showcases bright open-concept living spaces with oversized windows that flood the interiors with natural light, creating a warm yet modern ambiance throughout. Designer kitchens feature custom cabinetry, sleek quartz countertops, stainless steel appliances, and stylish finishes that elevate everyday living. Spacious layouts, high ceilings, and premium craftsmanship provide the feel and comfort of luxury single-family living. The securely gated property offers ample parking with six dedicated spaces, including two assigned spots for each townhome and additional dedicated parking for the single-story units. Situated adjacent to a charming single-family neighborhood, the property offers privacy and a true residential feel while remaining moments away from the energy and excitement of the NoHo Arts District. Residents will enjoy close proximity to trendy restaurants, theaters, coffee shops, nightlife, and boutique retail, along with convenient access to the NoHo West Shopping Center, Metro, Metrolink, and the 101, 134, and 170 freeways for effortless commuting across Los Angeles. With strong rental demand, newer construction advantages, and an unbeatable location in the 91601 zip code, 5627 Riverton Ave presents a rare opportunity for investors seeking a turnkey asset with long-term upside and excellent cash-flow potential

5627 Riverton Avenue, North Hollywood

$1,995,000
PW26121119 MLS Active Status
Excellent investment opportunity to acquire a 6-unit building in a strong rental market with immediate upside potential. In an unincorporated part of the city, this well-maintained property features six separate 1-bedroom, 1-bath units, offering a desirable unit mix that consistently appeals to renters seeking affordability and convenience. A standout feature of this offering is that +++TWO RECENTLY REMODELED WILL BE DELIVERED VACANT+++ providing the new owner with the opportunity to set rental rates at current market levels and immediately enhance cash flow. Whether you're an experienced investor looking to increase returns or seeking a stable income-producing asset with value-add potential, this property presents a compelling opportunity. Tenants enjoy access to a common-use laundry room and 1 parking area per unit, adding convenience and desirability to the property. The layout provides privacy for residents while offering efficient management and maintenance for ownership. Ideally located near public transportation, shopping centers, restaurants, schools, and everyday amenities, the property benefits from its position in a highly desirable rental area with strong tenant demand. Its central location and proximity to major commuter routes make it attractive to a wide range of renters. With stable income, upside through the vacant units, and a location that supports long-term rental demand, this 6-unit property is an excellent addition to any investment portfolio. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings

2500 Hill, Huntington Park

$1,299,999
DW26118773 MLS Active Status
**Massive price reduction!** 4045 Dennison Street, an exceptional four-unit investment opportunity situated on a prominent corner lot in the heart of Los Angeles. This income-generating property features a unique layout consisting of a duplex and two detached single-family residences, offering both privacy and flexibility for owner-occupants or savvy investors. Based on the current income and updated operating expense figures, the property reflects an estimated cap rate of approximately 7.30% and a gross rent multiplier of approximately 11.04, demonstrating strong income potential and attractive long-term upside. The expansive lot includes an impressive 12 parking spaces, a rare find in this area, adding tremendous convenience and value to the asset. Zoned with potential under SB 9, the property may offer future lot split or development upside. Buyer to verify all zoning, development, and SB 9 possibilities with the city. Perfectly positioned near key transportation corridors, major employment hubs, and vibrant neighborhoods, 4045 Dennison Street is a well-located, high-performing asset with flexible income, financing appeal, and future development potential. Do not miss your chance to secure one of the most versatile and strategic investment properties in Los Angeles.

4045 Dennison Street, Los Angeles

$700,000
9 Beds 4 Baths OC26118293 MLS Active Status
Luxury Live Auction! Bidding to start from $700,000! Investment Opportunity in the Heart of Long Beach! 508 W 10th Street is a prime quadruplex ready for remodel, offering incredible upside to ride the equity curve with a high proforma cap rate, in one of Long Beach’s most dynamic neighborhoods. This four-unit building is perfectly positioned just blocks from downtown and only one block from convenient public transportation. The property is vacant, making it ideal for investors or owner-occupants looking to renovate and maximize rental income. The configuration includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit features private en suite laundry, and the building includes a detached one-car garage for added convenience. Located in the heart of Long Beach, this property sits amid a transformative $1.3 billion revitalization campaign, putting future growth and value right at your doorstep. Don’t miss the chance to capitalize on a property with excellent location, flexible layout, and strong investment potential.

508 W 10th, Long Beach

$1,089,000
PW26117743 MLS Active Under Contract Status
Welcome to 754 E 84th Pl. This four-unit plus ADU apartment building offers exceptional value and opportunity for investors and owner-users alike. Five spacious legal units across 4,211 sq ft of livable space: Unit 1 is a tenant-occupied 3 bed 2 bath. Unit 2 is a vacant remodeled 2 bed 1 bath. Unit 3 is a tenant-occupied 2 bed 1 bath. Unit 4 is a vacant remodeled 1 bed 1 bath. Unit 5 is a brand-new fully permitted ADU with 2 bed 1 bath. Units 1 and 3 are rented to long-term tenants. Units 2, 4, and 5 are vacant and move-in ready. The property is pre-approved for conventional financing as a four-unit (plus ADU). A commercial loan is not necessary. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. This property is ideal for investors seeking an outstanding 10% CAP rate, or owner-users to live in one or more vacant units.

754 E 84th Place, Los Angeles

$1,025,000
PW26112788 MLS Active Status
1065 E. 19th Street, Long Beach – Pride of Ownership 4-Unit Investment Opportunity Exceptional 4-unit property located in the highly desirable Poly High area of Long Beach. This well-maintained asset showcases true pride of ownership, with numerous recent improvements including a newer roof, fresh exterior paint, updated electrical panels, and newer dual-pane windows. The units have been carefully maintained, offering an attractive living environment for tenants and reducing future maintenance concerns for a new owner. Ideally situated near Long Beach Polytechnic High School and the Long Beach Transit network, the property provides convenient access to shopping, dining, parks, schools, and major transportation routes. Its central Long Beach location continues to attract strong tenant demand, making it an outstanding addition to any investment portfolio. A turnkey income-producing property with desirable upgrades, excellent curb appeal, and long-term upside in one of Long Beach's most sought-after rental markets.

1065 E 19th, Long Beach

$1,699,000
PW26116112 MLS Active Status
Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors. Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.

1117 Euclid, Long Beach

$1,080,000
MB26111565 MLS Active Status
Los Feliz bordering Silver Lake Forplex - rare opportunity in Franklin Hills to own a 1920s Spanish Colonial Revival 4 unit property in one of Los Angeles’ most sought-after and supply-constrained rental markets.Exisitng rents provide approximately 35% upside through future turnover Positioned on a prominent corner lot along a quiet residential street with phenomenal views this living environment continues to drive strong tenant appeal . Feautures a 2-bedroom / 1-bath unit, Two 1-bedroom /1-bath unit and one studio unit, creating an attractive unit mix above a 6 % cap rate for investors and potential owner-users alike. Features 2 garages, on-site laundry for supplemental income potential. Four tiered units Ideally situated just moments from Los Feliz Village, Sunset Junction, Hyperion corridor, Griffith Park, and some of LA’s most beloved cafes, restaurants, nightlife, and boutique retail destinations, the property continues to benefit from the area’s strong rental demand driven by lifestyle, walkability, and central connectivity. Convenient access to the 2, 5, and 101 freeways further enhances long-term desirability for both tenants and future ownership. Whether you are seeking a generational investment asset, expanding a multifamily portfolio, or securing a trophy character property in a premier Los Angeles neighborhood, 3901 De Longpre Ave presents a compelling opportunity to invest in one of the city’s most enduring and highly coveted rental corridors.

3901 De Longpre Avenue, Los Angeles

$1,960,000
PW26117355 MLS Active Status
Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods. The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit. Residents benefit from a convenient shared laundry room, adding value and convenience for tenants. Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.

70 Roycroft ave, Long Beach

$2,800,000
SB26117193 MLS Active Status
Sold together with 217 South Broadway only. (APN #s 7505-018-007 & 7505-018-006). Quiet, tree-lined, extra-wide South Broadway. These are rare side-by-side lots with desirable street to alley access for ease of future development (South Broadway to New High Court). Total combined lot sq.ft. of 7,055 (per title). Each lot is zoned RBR-3A. The properties are to be sold AS-IS. There are 5 structures (6 units total) — 3 Craftsman cottages, 1 two-story duplex, plus bonus detached studio/ADU (not factored into the rental income or sf totals). This property has incredible potential to either develop or keep status-quo. A lot of outdoor space- patios and a lovely garden with mature fruit trees and grape vines. Rents are very low, the pro-forma rents will bring a significant increase in monthly income. Dream location: one block to beach, the Strand, the Pier, Farmer’s Market, Veteran’s Park, shopping, walk to the Village. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. No pre-inspections; inspections upon accepted offer only.

215 S Broadway, Redondo Beach

$2,195,000
DW26117328 MLS Active Status
Two large Duplexes on a lot. 4-Unit Income Property in the heart of Boyle Heights. Close to Downtown LA and just a few blocks from USC Medical Campus. Built in 2020, each unit has 4 bedrooms and 3 bathrooms, combines contemporary design, and impressive rental potential—perfectly situated in one of LA’s most rapidly growing neighborhoods. Each of the four spacious units is thoughtfully designed with open floor plans, abundant natural light, and modern finishes. Residents enjoy stainless steel appliances, in-unit laundry, and energy-efficient systems. All units are separately metered for gas, electricity, and water, significantly reducing owner expenses. Owner pays ZERO cost for all utilities. Every unit also includes two dedicated on-site parking spaces—a rare and valuable perk in the city. Set on a well-maintained and secure lot, the property features gated entry, low-maintenance landscaping, and great curb appeal. Its strategic location offers quick access to major freeways, public transportation, USC, the Arts District, and Downtown LA’s business and entertainment hubs—ensuring strong tenant demand and long-term appreciation potential. Don’t miss this turnkey, low-maintenance investment in a high-growth area of Los Angeles!

2437 2439 Malabar Street, Los Angeles

$1,680,000
TR26111419 MLS Active Status
Prime investment opportunity in one of the most desirable rental areas of Rowland Heights! Rarely available 4-unit property located in a quiet, clean, and highly sought-after neighborhood. Excellent location within short distance to middle and elementary schools, with supermarkets, restaurants, shopping centers, bus stops, and parks all nearby. Convenient access to the 10, 60, and 57 freeways makes commuting easy for tenants and owners alike. This attractive garden condo-style multifamily property features:One spacious 3 Bedroom / 2 Bathroom unit with fireplace, cathedral ceiling, inside laundry hookups, ideal for owner occupancy. Three 2 Bedroom / 1.5 Bathroom units, each unit with its own detached 2-car garage. Plenty of additional street parking, Building with approx. 4,194 SF living area on a large 8,339 SF lot, Built in 1977, Each unit includes private outdoor space, either a patio or deck. Upstairs units feature private decks. All 4 units are fully occupied with long-term tenants. Current rents are below market, offering strong upside potential for future rental income growth. Due to the excellent location, attractive layout, and strong rental demand in Rowland Heights, the property has consistently maintained full occupancy and is easy to manage and maintain. Excellent opportunity for investors or owner-users seeking stable income with future appreciation potential. Multifamily zoning in a prime high-demand rental market makes this a hard-to-find asset.

1417 South Jellick Ave, Rowland Heights

$1,750,000
AR26116416 MLS Active Status
4629 Clarissa Ave, Los Angeles, CA 90027 is a charming four-unit investment property located in the desirable Los Feliz area. The property offers 3,596 square feet of living space on a 5,302 square foot lot, with all four units configured as one-bedroom residences. This well-situated multifamily asset presents an excellent opportunity for investors seeking a classic Los Angeles property with strong location appeal and long-term income potential. Conveniently located near Griffith Park, neighborhood dining, shopping, and major commuter access, the property blends vintage character with a highly sought-after urban setting. Each unit has its own laundry facilities, and the property includes four 1-car garages.

4629 Clarissa, Los Angeles

$849,000
SB26111113 MLS Active Under Contract Status
Excellent owner-user or investment opportunity in the heart of Wilmington featuring a 4-unit property comprised of spacious 2-bedroom, 1-bath units with 8 rear parking spaces a rare and valuable feature in the area. Ideal for a buyer looking to occupy one unit while generating rental income from the remaining units. Located just minutes from the rapidly transforming Port of Los Angeles and the exciting waterfront redevelopment projects throughout the San Pedro harbor area, this property offers strong long-term upside potential. Nearby developments including the new West Harbor waterfront destination continue to bring new dining, entertainment, retail, and public improvements to the area. Conveniently situated near major freeways, local employment centers, and the evolving LA Waterfront corridor, this property presents a unique opportunity for an owner-occupant seeking supplemental rental income or an investor looking to add a well-located multi-unit asset in one of the harbor area’s growing communities.

123 E I Street, Wilmington

$2,900,000
BB26115819 MLS Active Status
1726 Menlo Ave is a fully stabilized newly constructed 2024 five-unit multifamily community located in the heart of Pico-Union, just minutes from Downtown Los Angeles, Koreatown, and USC. This NON-RENT-CONTROLLED asset offers investors a rare opportunity to acquire a turn-key property with an attractive REAL 6.37% stabilized cap rate, low operating expenses, and an exceptional price point at under $400/SF — an increasingly rare value for new construction multifamily in central Los Angeles. The property features an ideal unit mix across two modern buildings, consisting of two 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one 1-bedroom/1-bathroom unit. Each residence includes private entrances, in-unit washers and dryers, separately metered gas, water, and electricity, and luxury finishes throughout, including modern kitchens, designer tile, high ceilings, and oversized windows. The property also offers eight dedicated parking spaces, enhancing long-term tenant appeal. With a Walk Score of 85 and close proximity to LA Live, Crypto.com Arena, the Arts District, and Koreatown’s dining and nightlife. 1726 Menlo Ave is well positioned to attract strong tenant demand from students, young professionals, and creatives alike. As new multifamily construction opportunities continue to tighten under SB-8 restrictions, this property presents an exceptional opportunity for investors seeking stable cash flow, minimal maintenance, and long-term appreciation potential.

1724 Menlo Avenue, Los Angeles

$2,250,000
AR26109213 MLS Active Under Contract Status
This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.

1715 Raymond Hill Road, South Pasadena

$2,188,000
AR26115668 MLS Active Under Contract Status
Rare 4-unit multifamily property located in Altadena, CA walking distance to JPL. Property qualifies for residential financing. Excellent opportunity for an owner-occupant to live in one unit and rent out the others, accommodate extended family living, or operate as a pure investment property. Situated on a large 11,853 SF rectangular lot, the property features a diverse unit mix with substantial recent improvements. The front house (2835) offers a spacious [3B+2.5B] layout. The second unit (2835B) is a cozy approximately 572 SF [1B+1B] unit complete with a full kitchen, living room, and dedicated laundry room. The third unit (2833) is an approximately 920 SF [2B+2B] newly constructed unit completed with permits. The fourth unit (2831) is an approximately 1,183 SF [2B+2B] newly constructed unit, also built with permits, and includes owned solar panels (not leased), which will be included in the sale. All four units are separately metered for gas and electricity. All four units also have their own mailing address and are separate buildings (no shared common walls). All four units also have their own laundry room. One master water meter services the property. Additional improvements include new roofs and HVAC systems for all 4 units. Front house and 4th unit is currently rented out by tenants. 2nd and 3rd unit are currently vacant.

2835 Casitas Avenue, Altadena

$2,499,000
OC26095334 MLS Active Status
Newly built near soon to open Lucas Museum. Total of 12bed and 5 Den in 4 unit, a total of approximately 6000 sq. ft. of living space on a 6752 sq. ft. lot, providing a strong combination of rental income and long-term potential. The property features four units. The property also includes a spacious garage. Ideal for investors seeking a reliable, income-producing asset in the Los Angeles market. The property features a long driveway. Primary home buyer great to use one unit and lease others. Location near exposition park, very close to USC and California Science Center, Natural History Museum, LA Memorial Coliseum, Lucas Museum and light-rail access convenient for transit. Local schools: Menlo Avenue Elementary, Manual Arts Senior High, Barack Obama Global Prep, Grocery, quick-service restaurants and basic retail within walking distance.

1041 W Leighton Avenue Unit 4, Los Angeles

$775,000
MB26111570 MLS Active Status
Lincoln Heights fourplex , ONE UNIT DELIVERED VACANT ! Perfect Investment for Primary Occupancy, offset your mortgage with rent from other 3 units. Rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential. Potential for new owner to establish Residency in the 2 bedroom unit as well.The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence and Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.

2229 Hancock Street, Los Angeles

$2,400,000
P1-27267 MLS Active Status
Exceptional value-add investment opportunity in highly desirable Pasadena, ideally located just north of Mountain Street along vibrant Lake Avenue. This 1922 Spanish-style quadruplex features four spacious 2-bedroom, 1-bath units with an attractive unit mix ideal for strong long-term rental demand.Each unit offers generous layouts with timeless architectural charm, including hardwood floors, original built-ins, formal dining rooms, and breakfast nooks. Select system updates include portions of upgraded electrical, copper plumbing plus in-unit laundry hookups that add convenience and tenant appeal.The property includes a large shared backyard, four single-car garages, and significant upside potential for investors seeking to increase value through renovations, rental repositioning, or possible future expansion. Three units are currently tenant-occupied and professionally managed, providing immediate income stability, while one unit will be delivered vacant--creating an excellent opportunity for immediate improvements and market-rate leasing.Zoned PSC, this property offers compelling flexibility and future potential in one of the area's most desirable rental corridors. A rare chance to acquire a character-rich asset with income today and upside for tomorrow.

1157 1165 Lake Avenue, Pasadena

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.