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$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 5.5 %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
$1,750,000
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

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.