Los Angeles Southwest (C34) Homes with Apartment Subtype

Los Angeles Southwest (C34) Homes with Apartment Subtype

Welcome to Los Angeles Southwest (C34), a vibrant and diverse region that embodies the dynamic spirit of Southern California. Nestled within the heart of Los Angeles County, this area is renowned for its rich cultural tapestry, offering a unique blend of urban living and suburban charm. With its sunny weather, palm-lined streets, and bustling neighborhoods, Los Angeles Southwest is a place where creativity and community thrive.

One of the most appealing aspects of this region is its variety of housing options, particularly homes with an apartment subtype. These properties are perfect for those seeking to maximize their living space while enjoying the benefits of homeownership. Whether you’re an investor looking to generate rental income or a family in need of extra room for guests, homes with an apartment subtype provide the ideal solution. Many of these residences feature separate entrances, private amenities, and spacious layouts, allowing for both privacy and connection.

In addition to its attractive housing options, Los Angeles Southwest boasts an array of local attractions, including parks, shopping districts, and cultural landmarks. The area is well-connected by public transportation, making it easy to explore the broader Los Angeles region. Residents enjoy the convenience of nearby schools, restaurants, and entertainment venues, ensuring that everything you need is just a stone's throw away.

Experience the vibrant lifestyle of Los Angeles Southwest (C34) and discover the perfect home that suits your needs. With its welcoming community and diverse housing options, this region is truly a gem in the City of Angels.

Newest Los Angeles Southwest (C34) Homes with Apartment Subtype

$1,900,000
SB26136834 MLS Active Status
FULLY RENOVATED 6 UNIT The asset is perfectly positioned to capitalize on all of the major developments and entertainment centers that reside near the University and in Downtown Los Angeles. Originally built in 1922, the property has undergone a complete evolution, culminating in a comprehensive gut- rehab of the existing structure and the ground-up construction of two brand-new detached Accessory Dwelling Units (ADUs) completed in 2023. The Sellers are professional developers by trade who purchased the asset in October 2021 with a clear vision for strategic repositioning. Following this extensive construction and development timeline, the property has successfully stabilized over the last few years, presenting incoming investors with a fully turn-key, optimized, income-producing asset with zero deferred maintenance. The developers transformed the property’s original footprint—which initially consisted of four large, one-bedroom units—by gut-rehabbing all interiors and converting them into high-demand three-bedroom configurations. To optimize layout functionality, two of these main front units feature one full bathroom, while an extra half-bathroom was seamlessly added to the remaining two front units, giving them one and a half bathrooms each. To maximize cash flow potential, the developers also constructed two brand-new, detached, two-bedroom and one- bathroom ADUs measuring 641.5 square feet each, bringing the total unit count to six. The exterior exhibits a clean, modern stucco finish, upgraded entry doors, and gravel areas designed for minimal landscaping upkeep.

324 W 51st St, Los Angeles

$3,300,000
AR26137954 MLS Active Status
2ND Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.7% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

$849,000
PW26081006 MLS Active Status
1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating long-term demand drivers tied to education, employment, recreation, and tourism. The location also benefits from access to the Metro E Line through Expo Park/USC Station, connecting tenants to Downtown Los Angeles, Santa Monica, and the broader Metro system. In addition to its immediate fundamentals, the property stands to benefit from continued investment in the surrounding area. Exposition Park is also the future home of the Lucas Museum of Narrative Art, scheduled to open in 2026, adding another major destination to the neighborhood. Combined with convenient access to the 10 and 110 Freeways and a unit mix that supports strong rental growth potential, 1543 W 22nd Pl offers investors the opportunity to acquire a well-located multifamily asset with both stable current income and compelling long-term upside.

1543 W 22nd Place, Los Angeles

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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.