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$1,598,500
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Los Angeles Area Multi-Family Home

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8704 S Central Avenue Los Angeles, CA 90002

Bed
0 Baths
4894 sqft
MLS# MB24248886
Introducing a stunning two-story building with 10 highly sought-after residential units in a prime Los Angeles location. This gem offers a vibrant mix of residences: one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and one cozy studio. Additionally, there are four single-car garages available for lease, providing extra income potential. The building stands out with its vibrant paint job and updated windows, making it a desirable place to live. Many of the units boast refreshed interiors and individual water heaters, ensuring modern comfort for tenants. The exterior has recently undergone a significant upgrade, with the seller investing over $200K in a seismic retrofit to comply with the city of Los Angeles. This property presents a fantastic opportunity for the savvy investor, offering considerable upside on rents. It is conveniently located near public transportation, local amenities, and just minutes from Downtown Los Angeles. Adding to the appeal, a twin building next door shares a courtyard with this property and is also available for sale. With two separate APNs, both properties are to be sold together. The address of the neighboring building is 8708 S. Central Avenue. The seller is willing to negotiate a partial carryback offer. On the market and waiting for the smart investor looking to add two standout properties to their portfolio, don’t miss out on this incredible investment opportunity!
Listing Courtesy of CRMLS / Century 21 Masters / Robert "Robert Soriano" Soriano
$1,549,500
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Los Angeles Area Multi-Family Home

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2700 S Palm Grove Avenue Los Angeles, CA 90016

5 Bed
4 Baths
2131 sqft
MLS# 25511633
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PRICE IMPROVEMENT! A brand-new SFR with ADU in the heart of West Adams, one of the city's most vibrant and rapidly evolving neighborhoods. GSI: $105,600; Expenses: $21,425; NOI: $84,175; GRM: 14.67; Cap Rate: 5.43%. Home qualifies for $50,000 grant and special financing through City National Bank. This stunning property offers a 4-bedroom, 3-bathroom front main house and a legal 1-bedroom, 1-bathroom rear ADU, thoughtfully designed for modern living. The main house boasts a spacious open floor plan filled with natural light, highlighted by recessed lighting throughout, a gourmet kitchen with sleek countertops, modern cabinetry, and state-of-the-art appliances. The bedrooms are generously sized, while the stylish bathrooms. Every system in the home has been upgraded, including all-new wiring, outlets, switches, an electrical panel with sub-panels, brand-new HVAC system, new roof, tankless water heaters, and even fire sprinklers. The ADU offers a modern, versatile living space perfect for rental income, a guest house, or a private office, with its own modern amenities and efficient design with polished concrete floors. Outside, the landscaped yard and private driveway provide a tranquil and functional setting. One-car garage can be used as flex space, another office, or storage. Located just minutes from the Expo Line, Crenshaw Line, and major freeways, this home offers easy access to Playa Vista, Santa Monica, Beverly Hills, and Downtown Los Angeles, while nearby dining hotspots such as Tartine, Mizlala, Alta, and Delicious Pizza make West Adams a food lover's paradise. Unbeatable location, impeccable design, and move-in ready. 2700 and 2702 Palm Grove is a rare opportunity to own a completely new home in one of Los Angeles' most sought-after neighborhoods.
Listing Courtesy of CRMLS / Century 21 Masters / Andrew "Andrew Watkins" Watkins