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$2,590,000
6 Beds 12 Baths 26745529 MLS Active Status
We are proud to present 1303-1305 Laveta Terrace, a two-parcel, 10-unit investment offering in the Echo Park neighborhood of Los Angeles comprising a nine-unit apartment complex and a detached two-story single-family residence with a private pool, each on its own legally separate lot. The apartment complex at 1305 Laveta Terrace traces its origins to six individual wood-frame bungalows constructed in 1921, each built under its own city permit as a standalone one-story dwelling. Over the following decades these six structures were consolidated into a nine unit apartment configuration across four buildings, housing six studios and three one-bedroom/one-bathroom units with 4,279 square feet of rentable area on a 26,106-square-foot lot. The detached residence at 1303 Laveta Terrace was built in 1968 as a two-story, Type V single-family home with 1,385 square feet, three bedrooms, three bathrooms, central heat and air conditioning, and a private pool on its own 11,059-squarefoot lot (APN 5419-028-030). The combined site totals approximately 37,165 square feet (0.85 acres) with 5,660 square feet of net rentable area across all units. All apartment units are individually metered for gas and electricity, and each has in-unit washer and dryer connections.The offering presents two distinct value-add opportunities within a single transaction. The apartment building delivers approximately 77% rent upside across seven occupied units with vacancy decontrol supporting rent-to-market resets upon turnover, while two vacant apartment units and the detached house represent immediate lease-up income. The house at 1303, with an estimated market rent of approximately $5,800 per month supported by recent single-family sales on the same block exceeding $2.2 million and $3.4 million, offers a new owner the flexibility to lease at market, operate as a short-term rental, or hold as an owner-occupied residence while managing the adjacent apartment building. Together, the properties deliver a combined pro forma gross of approximately $24,685 per month. The two parcels are legally separate and independently transferable for the first time since 1968, giving a buyer structural flexibility to hold, dispose, or develop each lot on its own terms.This is a lender-owned REO disposition with clear title, offering a streamlined acquisition with no seller emotion, no 1031 exchange timeline, and no partnership approval process. The combination of significant rent upside on the apartment side, a vacant and move-in-ready house with pool on a separate legal parcel, meaningful development density beyond the existing 10 units, and documented structural investment at the house positions this property to attract a broad range of value-add investors, developers, and long-term holders in one of LA's most sought-after eastside neighborhoods.

1305 Laveta Terrace, Los Angeles

$1,499,000
4 Beds 3 Baths DW26079836 MLS Active Status
PRICED TO SELL | VALUE-ADD OPPORTUNITY | PRIME LOCATION Welcome to 2680 Ivan Hill Terrace, Los Angeles — a rare opportunity to acquire a property with significant upside in a highly desirable and rapidly appreciating area. With an estimated market value of approximately $1,850,000, this property is strategically priced at $1,599,000, offering immediate equity potential for the right buyer. The home features a solid layout with great bones, making it an ideal candidate for investors, flippers, or end-users looking to customize and create their dream home. Key improvements needed include installation of an electrical meter and completion of landscaping, allowing the next owner to add value and maximize returns. Situated in a sought-after neighborhood near Silver Lake / Echo Park, the property benefits from strong demand, proximity to trendy shops, dining, parks, and easy access to major freeways. Whether you're looking to renovate and resell, hold as a long-term investment, or design a personalized residence, this is a standout opportunity with built-in upside. Property is being sold as-is. Cash, hard money, or renovation financing recommended due to current condition. Don’t miss this chance to secure a high-potential property at a significant discount.

2680 Ivan Hill, Los Angeles

$1,050,000
2 Beds 2 Baths DW26072000 MLS Active Status
Welcome to 1316 Allesandro St, a beautifully updated property offering exceptional value in today’s market. With a projected value of approximately $1.25M, this home is strategically priced at $1,150,000 to reflect its current condition and provide immediate upside for the right buyer. The property has already undergone key updates, creating a solid foundation for your final touches. Featuring a generous lot size for the area, this home offers excellent potential for expansion, outdoor enhancements, or maximizing long-term value. Important Note: The property is currently missing an electrical meter. Estimated cost to install a new meter is approximately $50,000 or less, making this a manageable improvement relative to the built-in equity. This is a cash-only opportunity, ideal for investors, developers, or savvy buyers looking to capitalize on a well-located asset with strong upside potential. Sold As-Is. Don’t miss your chance to secure a property with immediate equity and room to grow in a desirable Los Angeles location.

1316 Allesandro, Los Angeles

$2,999,998
PW26074728 MLS Active Status
Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. The property features a well-designed unit mix with functional layouts, along with gated on-site parking and shared laundry facilities. The building has seen improvements over time, contributing to its overall condition and supporting continued tenant appeal and operational performance.All units are currently occupied, providing immediate in-place rental income. Echo Park is known for its scenic surroundings, vibrant character, and strong sense of community. The area offers a unique blend of natural beauty and urban convenience, highlighted by Echo Park Lake, tree-lined streets, and a diverse mix of dining, cafes, and local shops. Its central location provides easy access to Downtown Los Angeles, major transportation routes, and surrounding neighborhoods. This is an excellent opportunity to acquire a well-located multifamily asset in one of Los Angeles’ most sought-after neighborhoods with long-term growth potential.

940 New Depot, Echo Park

$1,150,000
PW26074474 MLS Active Status
Four-unit multifamily opportunity in the sought-after Elysian Valley (Frogtown) submarket of Los Angeles. The property features four 2-bedroom, 1-bathroom units with functional layouts that continue to attract stable tenancy. The building has seen various improvements over time, supporting overall livability and ongoing performance. Elysian Valley continues to gain attention for its unique blend of residential charm and creative energy, anchored by the LA River path and an expanding mix of dining, retail, and local businesses. Its central location provides convenient access to Downtown Los Angeles, Silver Lake, Echo Park, and major transportation corridors. This is an ideal investment for buyers seeking exposure to a neighborhood with strong tenant demand, lifestyle appeal, and continued growth.

2710 Queen, Los Angeles

$699,999
26671955 MLS Active Status
Amazing VIEWS from this near Ready-To-Issue (RTI) Silver Lake hillside lot. Thoughtfully designed plans are already in place and nearing RTI status, saving significant time and fast-tracking construction. Set within a charming neighborhood just moments from Whole Foods, the reservoir and the old redline trail. Plans for a 4 bedroom, 4 bath home, plus a 2 bedroom, 1 bath ADU (collectively 4,045 sq feet), including a 2 car garage, elevator, pool/spa, outdoor patio, and recreation room designed for indoor/outdoor living. For those of you who know construction, per soils report, bedrock is 1 to 2 feet below grade unlike some near impossible-to-build hillside lots, meaning that there are no caissons required, which means less cost on foundation. Stacked floors means less construction per square foot. Building geometry is straightforward with expansive openings, yet zero moment frames. Concrete structure means quiet and safe. Services (laundry, storage and mechanical systems) in the hill leaves room for living space - each with its own amazing view. Main floor opens directly to the back yard or to an outdoor patio with a street-facing view of Elysian Park. Beautiful trees put you in a Zen-like state with views of Mt. Baldy and forest lawn, yet easy access to the freeway and downtown. A mechanical electrical plumbing engineer has already designed a highly efficient ventilation system with zoning for each floor. Electrical system for solar and electric car charging. Half underground (for video game room or laundry, storage, garage and mechanical) means low heating and cooling. R2 zoning (already cleared for ADU for guests or rental income). Build your dream home here!

2367 Lake View Avenue, Los Angeles

$1,520,000
2 Beds 3 Baths DW26070229 MLS Active Status
Set in the hills of Silver Lake, this 2006-built residence captures direct views of the Hollywood Sign, Griffith Observatory, and the Silver Lake Reservoir. The elevated setting creates privacy, open sightlines, and consistent natural light throughout the day. The main level anchors the home with a seamless connection between kitchen, dining, and living areas, centered around a fireplace and opening to a private patio suited for outdoor dining and gatherings. The kitchen features granite countertops, stainless steel appliances, a gas cooktop with vent hood, a step-in pantry, and a built-in counter for seating or work. Hardwood flooring, recessed lighting, and large windows define bright interiors with clean lines and strong flow. Two bedrooms are positioned on the upper level. The primary suite faces outward toward the views and includes a walk-in closet with built-ins and a bath with a large shower, bench seating, and a separate vanity area. The second bedroom opens directly to the patio and works well as an office or den. A full bath with tub and shower completes this level. The lower level includes a third bedroom, powder bath, and an open-use area suited for a gym, studio, or workspace. A long driveway accommodates four or more vehicles, a rare feature in Silver Lake, along with direct access to a two-car garage with storage. Positioned near the center of the neighborhood, the home sits close to Whole Foods Market, Silver Lake Branch Library, and the reservoir’s walking paths and green space. Griffith Park and the Hollywood Hills are nearby, with Downtown Los Angeles within easy reach. Direct access to the 101, 5, 110, and Glendale Freeway keeps connectivity across the city efficient.

2377 Silver Ridge Avenue, Los Angeles

$799,800
3 Beds 3 Baths CV26069686 MLS Active Status
Welcome to this charming home conveniently located near Silver Lake, Atwater Village, and Los Feliz, offering easy access to popular dining, coffee shops, parks, and local boutiques.Featuring 3 bedrooms, including 2 with their own private bathrooms, this home offers a functional layout with the primary suite privately situated on the upper level and connected by wide, inviting stairs.Enjoy a beautiful yard and welcoming porch, perfect for morning coffee or relaxing afternoons. The property also includes two additional storage rooms, adding extra convenience and flexibility. Ideally located near major freeways and just minutes from Dodger Stadium, this home combines comfort, location, and everyday livability.

3812 Middlebury, Los Angeles

$29,999,000
39 Beds 35 Baths 26670123 MLS Active Status
Atria is a collection of sixteen modern residences designed by Mark Rios, FAIA, FASLA, nestled in the hills of Silver Lake, offering a refined take on contemporary California living. Clean architectural lines pair with warm, livable interiors to create homes that feel elevated yet inviting. Substantial views of the Silver Lake Reservoir, Downtown LA skyline, and San Gabriel Mountains greet you as you enter the units. Natural light, white oak finishes, and a contemporary aesthetic complete the building. The chef's kitchens feature a full suite of appliances seamlessly integrated into paneled cabinetry, complemented by refined quartz countertops. The primary suites feature a walk-in closet and a spa-inspired bathroom with dual vanities, water closet, and a large wet room. Expansive roof decks provide generous space for relaxing, entertaining, and dining with sweeping panoramic views. The residences includes two dedicated parking spaces and a private storage unit. Ideally located in the heart of Silver Lake, Atria offers easy access to some of Los Angeles' most desirable lifestyle destinations. Just moments from Griffith Park and the Silver Lake Reservoir, residents enjoy a rare balance of outdoor recreation and urban convenience. The highly walkable neighborhood is home to beloved cafes, restaurants, and boutiques, with Sunset Junction, Atwater Village, Glendale, Downtown Los Angeles, and Hollywood all within a short drive.

2919 Waverly Drive, Los Angeles

$900,000
3 Beds 2 Baths 26671595 MLS Active Status
This property is located in the rapidly growing Virgil Village neighborhood, right on the edge of Silver Lake. This is a fixer duplex with two homes on the lot, and one of the rear homes (1 bedroom) is vacant. The yard features many fruit trees. There is an opportunity to purchase a total of two lots together, totaling approximately 13,012 sq ft, by including the adjoining parcel at 441 N. Commonwealth Ave, a single family home on a 5,506 sq ft lot offered at $850,000 (Total for 2 lots: $1,750,000). You may also purchase a total of three lots together, totaling approximately 20,518 sq ft, by including the adjoining parcels at 441 N. Commonwealth Ave, a single family home on a 5,506 sq ft lot offered at $850,000, and 439 N. Commonwealth Ave, a vacant lot on a 7,506 sq ft lot offered at $900,000 (Total for 3 lots: $2,650,000).

447 N Commonwealth Avenue, Los Angeles

$1,050,000
PW26067979 MLS Active Status
Vacant LAR4-1 Multifamily Development Site – Ready to Build Exceptional opportunity to acquire a fully cleared 6,654 SF LAR4-1-zoned lot in a rapidly evolving Los Angeles submarket. Featuring approximately 41 feet of frontage and 163 feet of depth, the site offers an efficient and highly usable footprint for multifamily design and construction. The property is currently vacant following the demolition of prior improvements, allowing a developer to move directly into planning and entitlements without the delays or costs associated with tenant relocation or structure removal. Zoned LAR4-1, the site supports high-density residential development and is well-suited for a ground-up apartment or condominium project. Based on standard density allowances, the lot can potentially accommodate 10+ units by right, with additional upside potential through Transit-Oriented Communities (TOC) incentives and density bonus programs. Strategically located in the Echo Park Neighborhood Council, the property is just minutes from Downtown Los Angeles and surrounded by some of LA’s most dynamic neighborhoods, including Echo Park, Silver Lake, and Koreatown. The site offers convenient access to major freeways (101, 110, 10, 5, and 60), providing excellent regional connectivity. Nearby lifestyle amenities such as Echo Park Lake, Silver Lake Reservoir, and Dodger Stadium enhance tenant appeal, while close proximity to DTLA’s major employment centers positions the property within one of the strongest multifamily rental corridors in Los Angeles.

2113 W Court Street, Los Angeles

$1,480,000
12 Beds 6 Baths 26666539 MLS Active Status
Prime investment opportunity in one of Los Angeles' most sought-after neighborhoods. Perched in the hills just off Sunset Blvd, this well-maintained 6-unit income property. Elevated lot offering clear, far-reaching views from some of the units and exceptional curb appeal on a prominent corner lot. Each spacious unit features over 1,100 square feet of living space, with thoughtfully designed 2-bedroom, 1-bathroom layouts. In unit laundry. The property includes separately metered electricity and gas for each unit, providing added convenience and efficiency for both owner and tenants. Located in the highly desirable and trendy Echo Park area, this property is just minutes from Downtown Los Angeles, Chinatown, and offers easy access to major freeways including the 101, 10, and 110. Surrounded by popular dining, shopping, and entertainment, this is a rare opportunity to own a solid income-producing asset in a prime urban location.

837 White Knoll Drive, Los Angeles

$2,895,000
26667183 MLS Active Under Contract Status
801-807 Waterloo Street is a fully entitled affordable housing development site in the heart of Echo Park. Two adjacent parcels totaling 12,613 square feet. Approved entitlements for 131 income-restricted units and letter of Compliance already in hand. The plan calls for a seven-story mid-rise using Type III over Type I construction. At roughly 65,000 buildable square feet, the unit mix breaks down to 84 singles and 47 one-bedrooms. A rooftop deck, multiple open recreation areas, and space for supportive services are built into the design. The 50% design development plan package is included, and the Welfare Tax Exemption is already BOE-approved. Both are significant time and cost advantages for a buyer ready to move. On pricing, $22,099 per buildable unit is the number that stops people. A mission-driven developer or nonprofit can acquire a fully entitled 131-unit affordable project in one of the most transit-connected neighborhoods in LA for a fraction of what it costs to assemble and entitle from scratch. The location supports it. Walk Score of 89. Six-minute walk to Sunset Boulevard. 1.3 miles to the Metro B Line. 2.5 miles to Downtown LA. The site sits within the Silver Lake-Echo Park-Elysian Valley Community Plan area, surrounded by the kind of neighborhood density (restaurants, transit, employment) that drives lease-up velocity for affordable housing. The rental demand picture in Echo Park is not speculative. New developments are moving in the corridor right now: 176 units at 2225 W Sunset, 74 units at 3004 W Sunset, 90 units at 355 Glendale. Supply is coming but it is not catching up. Income-restricted product at this location will not sit.

807 Waterloo Street, Los Angeles

$300,000
26665793 MLS Active Status
Exceptional three-parcel development opportunity in the heart of Silver Lake, just moments from the area's most sought-after dining, retail, and lifestyle destinations in Silver Lake and Echo Park. This offering includes three contiguous hillside parcels totaling approximately 16,593 square feet, zoned LAR2, presenting a rare opportunity for a variety of development possibilities. Preliminary plans are available for the construction of three side-by-side duplexes; alternatively, a buyer may pursue a custom vision, including several fully detached single-family residences or a signature estate. The properties offer access from Moore Street, with utilities available. The lots capture beautiful, unobstructed city views and are ideally positioned near the Silver Lake Reservoir, Silver Lake Dog Park, and an array of premier restaurants and coffee shops. All three parcels are to be sold together as a package deal for the asking price of $300,000. APN #s 5422-012-016, 5422-016-018, & 5422-012-019

2231 Moore Street, Los Angeles

$1,699,000
DW26057125 MLS Active Status
Well-located strategic 6-unit investment opportunity in the heart of Echo Park / Historic Filipinotown. Located along the Temple Street corridor just minutes from Echo Park Lake, Downtown LA, Silver Lake, Dodger Stadium and major employment centers, this property sits in one of Los Angeles’ most vibrant and high-demand rental neighborhoods. The property features six (6) two-bedroom, one-bathroom units across three separate buildings on one lot. The configuration offers flexibility for investors or potential owner-users looking to live in one unit while generating income from the others. Strong tenant demand, a central location, and proximity to some of LA’s most popular dining, cultural, and entertainment destinations make this a compelling long-term investment opportunity. Note: Street parking only Buyer to verify all information including square footage, zoning, permits, and current rent amounts.

1534 W Temple, Los Angeles

$399,000
RS26050034 MLS Active Status
Investor / developer opportunity in the hills of Silver Lake / Echo Park. Two side by side hillside lots totaling approximately 4,075 sq ft (2,038 + 2,037 sq ft) with scenic views. Address: 1904 & 1908 Rosebud Ave. Property includes two container home structures with fire damage but existing foundations in place. Property not up to code, incomplete structure with expired permits. Property will be sold as-is. The seller has already invested significantly toward the ADU buildout, offering a head start for the next investor or developer. Rare chance to acquire adjacent lots in one of LA’s most desirable neighborhoods with development potential. Buyer to verify all information and development possibilities.

1904 Rosebud Ave, Los Angeles

$2,350,000
PW26046521 MLS Active Status
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | ACTUAL 6.16% CAP | NO RENT CONTROL | 100% LEASED AT MARKET RENTS! This is a rare opportunity to acquire a brand-new, high-yield asset in one of Los Angeles’ most supply-constrained and aggressively appreciating rental markets. Located just minutes from Silver Lake, this newly constructed four-unit luxury community offers immediate cash flow with long-term upside. Certificate of Occupancy is in hand. The property is 100% LEASED at market rents, providing day-one stabilized income. With no rent control restrictions, investors retain full operational flexibility and future rental growth potential —a significant advantage. Offered at a 6.16% cap rate, in a neighborhood where new construction inventory is extremely limited and rental demand consistently outpaces supply. The property consists of two modern brand-new structures totaling four premium units. Each residence features highly desirable floorplans, private laundry rooms, tandem parking, and upscale finishes designed to attract high-credit tenants. Each unit is separately metered for all utilities, plus dedicated common-area meters, allow for clean expense allocation and streamlined management. Built for durability and efficiency, the property includes solar systems, energy-efficient appliances, drought-tolerant landscaping, and low-maintenance materials — minimizing operating costs while maximizing long-term performance. As new construction, the asset offers the added benefit of reduced capital expenditure risk and a one-year builder fit and finish warranty. Positioned between Hollywood and Silver Lake in Historic Filipino town, the location commands premium rents driven by proximity to tech hubs, creative industries, nightlife, dining, and retail. Rental comps in the immediate area continue to push upward, supported by a stable, high-income tenant base. For investors seeking a turnkey, low-maintenance, high-performing asset in one of LA’s strongest rental corridors — this opportunity checks every box. Contact us for full financials or to learn more about the developer’s additional new construction opportunities throughout Los Angeles.

415 N La Fayette Park, Los Angeles

$3,250,000
8 Beds 4 Baths 26655511 MLS Active Status
Stunning Echo Park Craftsman Fourplex Fully Remodeled & Fully Leased. Beautifully restored and updated Craftsman-style fourplex located in the heart of Echo Park. Each of the four spacious units features 2 bedrooms and 1.5 bathrooms, blending classic architectural charm with modern updates. All units have been recently remodeled with stylish finishes, updated kitchens and bathrooms, and enjoy excellent natural light. Property is fully leased, presenting an outstanding turnkey investment opportunity. Set on a residential street, 1140Lemoyne St is surrounded by the best of Echo Park living just minutes to Echo Park Lake, Elysian Park, Sunset Blvd, and a vibrant mix of restaurants, cafes, and music venues. Residents enjoy walkable access to the neighborhood's eclectic charm, cultural landmarks, and green spaces, all within minutes of Downtown LA and major freeways. A rare chance to own a character-rich, income-generating asset in one of LA's most dynamic neighborhoods. "Some photos have been virtually staged"

1140 Lemoyne Street, Los Angeles

$849,000
2 Beds 2 Baths 26655995 MLS Active Status
This 1,712 sq ft duplex features two 1 bedroom, 1 bathroom units and presents exceptional upside for investors, developers, or owner users looking to create value in one of Los Angeles' most sought after neighborhoods. One unit has been taken down to the studs, offering a blank canvas to redesign and modernize to today's standards. The second unit is currently occupied. Situated in a prime Echo Park location, the property benefits from strong rental demand, proximity to local hotspots, parks, cafes, and convenient access to Downtown Los Angeles and surrounding neighborhoods. With the right vision, this duplex offers the potential for significant appreciation and long term cash flow.Whether you are looking to restore, reimagine, or hold as a strategic investment, this is a rare chance to secure a value add property in a high demand rental market.

1632 Echo Park Avenue, Los Angeles

$599,000
26646507 MLS Active Status
Prime Silver Lake Lot with Modern Home Design & plan in plan check! Located in the heart of Silver Lake, this 7,101 sq. ft. lot offers a rare opportunity to build a stunning 3,200+ sq. ft. modern home. All necessary permits are already in place, saving you time and effort, and utilities have been brought to the lot, making it a ready-to-build project. The home design features sleek, contemporary 3-story, 4BR/3.5BA architectural home over 2-car garage with clean lines and expansive floor-to-ceiling windows that flood the interior with natural light. The exterior showcases a sophisticated blend of natural stone and modern wood paneling, creating a balance of warmth and minimalism. The multi-level layout includes two spacious en-suites with soaking tub & walk-in closets, and spacious rooftop deck with spa & fireplace offering breathtaking views of the hills and city. Inside, the open-concept living spaces boast high ceilings and seamless flow, perfect for modern living. Luxurious finishes, including polished concrete floors and designer fixtures, enhance the home's elegant yet understated aesthetic. Set in one of LA's most vibrant neighborhoods, known for its trendy cafes, boutique shopping, and artistic community, this property offers both architectural brilliance and location. Whether you're looking to build a forever home or invest in Silver Lake's thriving real estate market, this lot and modern home design provide an unparalleled opportunity.

2252 Aaron Street, Los Angeles

$1,295,000
BB26023598 MLS Active Status
Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. The location of the property offers many advantages for potential investments and builds. The 1137 residence is a two-story single-family home featuring three bedrooms, one bathroom, and an additional water closet. 1137½ is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139½ make up a duplex, with each unit offering one bedroom, one bathroom, and a dedicated single-car garage. Set on a generous lot, the property provides multiple income-producing units along with significant upside for future development. Currently zoned TOC Tier 4, the site may offer favorable incentives for expansion or redevelopment (buyer to conduct due diligence regarding zoning and development potential). Thus property offers many advantages as it is located within approximately 900 feet from the Metro station and within 300 feet from the one of a kind Madison Avenue Park and Community Garden. Located within half a mile of the Vermont/Santa Monica transit station, the property benefits from excellent accessibility and is just steps from a communal garden and park. Its central location allows for easy access to Downtown Los Angeles, Echo Park, Los Feliz, and West Hollywood—areas with consistently strong rental demand. With its multiple units, desirable location, transit-oriented zoning, and development flexibility, this property presents the potential for a highly attractive investment opportunity with both immediate and long-term returns.

1137 N Madison Avenue, Los Angeles

$4,300,000
PF26016505 MLS Active Status
A great investment opportunity awaits you at 1303 Lilac Terrace in the Echo Park area of Los Angeles. This quiet area is rapidly growing & gentrifying in Northeast LA adjacent to Dodger Stadium & Silverlake. The property sits on a large half acre lot of 21,717 square feet and consists of 10 bungalow individual buildings. There are 9- 1bed/1bath units and 1- 2bed/1bath unit each with a living room in separate Spanish styled Bungalows totaling 5975 Sq. Ft. of living space. Many of the bungalows have private fenced front yards. 8 of the bungalows have their own basement and laundry. All buildings have original oak hardwood flooring, tiled kitchen counters and $50,000 was spent on the remodeling of the bungalows. All units are separately metered for gas & electricity and trash which are paid by the tenants. There is plenty of parking for tenants and guests besides the 3 enclosed single car garages. The 2bed/1bath bungalow has its own large and secluded backyard. This prime land also has more opportunity for additional development. The property is zoned LARD 1.5. and has room for expansion of more buildings. Property is offered at a current 5.1% CAP rate with room to grow the rents as they are month to month leases. Seller is willing to carry the loan at a substantial downpayment. Don’t miss this opportunity!

1303 Lilac Terrace, 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.