Mid Los Angeles (C16) Homes with Multi Family Subtype

Welcome to Mid Los Angeles (C16), a vibrant and diverse region nestled in the heart of Los Angeles County, California. This eclectic area offers a unique blend of urban charm and suburban comfort, making it an ideal location for families, young professionals, and investors alike. With its rich cultural tapestry, Mid Los Angeles boasts a variety of dining, shopping, and recreational options that cater to all lifestyles.

One of the standout features of Mid Los Angeles is its impressive array of multi-family homes. These properties not only provide an opportunity for homeownership but also serve as an excellent investment for those looking to generate rental income. The multi-family homes in this region range from charming duplexes to modern apartment complexes, accommodating various budgets and preferences. Whether you’re seeking a cozy unit to call home or a larger property to house multiple families, Mid Los Angeles has something to offer.

The appeal of multi-family living in this area is further enhanced by the proximity to public transportation, schools, and community amenities. Residents enjoy easy access to major freeways and public transit options, making commuting a breeze. Additionally, the region is known for its well-maintained parks and recreational areas, providing ample opportunities for outdoor activities and family gatherings.

In summary, Mid Los Angeles (C16) is a thriving, multifaceted community that offers a wonderful blend of residential options, particularly in the multi-family sector. Explore the possibilities of calling this remarkable region home, where convenience meets community, and urban living is redefined. Your dream property awaits!

Newest Mid Los Angeles (C16) Homes with Multi Family Subtype

$3,795,000

CV26204221 MLS ⋅ Active Status

Rare opportunity to acquire a substantial multifamily investment property in the highly desirable Mid-City/Harvard Heights area of Los Angeles. The property features 17 units on an approximately 10,018-square-foot lot, offering investors a sizable existing rental asset with meaningful value-add potential. The property includes 14 existing units plus 3 attached ADUs, providing an attractive opportunity to enhance the income-producing potential of the property. Five units have been fully remodeled with permitted improvements, including updated kitchens, modern cabinetry, flooring, lighting, bathrooms, and other interior and exterior enhancements. The property benefits from individually metered gas and electricity, gated parking, and a well-positioned two-story configuration. The approximately 9311-sq ft building sits within a commercially zoned area for both multi-family and retail. It offers investors multiple avenues to improve operations, rents, and overall property performance, subject to applicable approvals and regulations. This property maintains an approximate cap rate of 5.14% from Day 1 and upside up to a Proforma rate of 10.48%. Strategically located along Venice Boulevard with convenient access to Koreatown, Downtown Los Angeles, Culver City, major employment centers, public transportation, and regional freeways. This is a compelling opportunity for investors seeking an established multifamily asset in a central Los Angeles location with existing improvements and additional upside potential.

1639 S Hobart, Los Angeles

$1,100,000

P1-27721 MLS ⋅ Active Status

Every investment marks the beginning of a new chapter--and this one is ready for you to write yours. Conveniently located in Los Angeles, this charming six-unit apartment building presents an excellent investment opportunity. The property offers 12 bedrooms and 6 bathrooms across spacious, bright, and airy floor plans. One unit is currently vacant, providing immediate upside potential for an owner-user or the opportunity to increase rental income. Full of character and appeal, this well-maintained property is sure to attract a wide range of tenants and investors alike.

3201 W 21st Street, 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.