Mid-Wilshire (C17) Homes with Duplex Subtype

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Newest Mid-Wilshire (C17) Homes with Duplex Subtype

$1,650,000

OC26151099 MLS ⋅ Active Status

Prime Koreatown Covered Land Play, House-Hack, & High-Density Development Opportunity! This versatile setup is perfect for an owner-user looking to occupy the entire property, or "house-hack" by living in one unit while offsetting the mortgage with substantial supplemental income from the others. It is equally lucrative for traditional investors and developers alike. Situated on a prime ±5,901 sq. ft. flat lot in the high-demand rental core of Los Angeles (90006), 1107 S Mariposa Ave represents the ultimate multi-tier investment asset. Operating with an SFR footprint but uniquely optimized for maximum revenue, the property features a turnkey, high-yield co-living configuration in the front building paired with a detached back unit. Crucially, 100% of the current tenants are on Month-to-Month leases at rates significantly below market standards, delivering an incoming buyer unparalleled operational flexibility. This ensures an immediate path to aggressive market-rate stabilization for a value-add buyer, or a frictionless timeline for a developer looking to clear the site. While generating resilient holding income, buyers can leverage the property's premium R3-1 zoning and Transit Oriented Communities (TOC) eligibility. This high-density transit corridor designation unlocks massive development incentives, including enhanced Floor Area Ratios (FAR), increased height allowances, and dramatically reduced parking requirements that slash subterranean construction costs. With an established proof of concept directly in the immediate submarket—notably demonstrated by the successful recent development at 1110 S Mariposa Ave—this asset is an incredibly secure, low-overhead wealth-preservation vehicle in one of Southern California's most supply-constrained rental markets!

1107 S Mariposa Avenue, Los Angeles

$1,750,000

PF26141841 MLS ⋅ Active Status

Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!

148 S Normandie Avenue, Los Angeles

$2,750,000

AR26141790 MLS ⋅ Active Status

Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-bedroom, 3-bathroom floor plan, including a bedroom and full bathroom on the main level—ideal for guests, roommates, multi-generational living, or a home office. Upstairs, two spacious bedroom suites provide privacy and comfort, making the layouts especially appealing to today's renters. As a newer construction property, the building offers lower maintenance costs compared to older multifamily properties. In addition, tenants pay all utilities except trash, helping reduce operating expenses and improve investment performance. Residents enjoy modern amenities including central air conditioning and heating, in-unit laundry, abundant natural light, and townhouse-style living that feels more like a private home than a traditional apartment. Conveniently situated near Koreatown, Downtown Los Angeles, USC, and major transportation corridors, the property offers easy access to West Hollywood, Beverly Hills, Hollywood, and other major employment and entertainment centers. Combining a prime location, newer construction, flexible floor plans, lower maintenance, and strong tenant appeal, this property presents an exceptional investment opportunity with long-term upside.

211 S Hoover Street, Los Angeles

$1,100,000

BB26132383 MLS ⋅ Active Status

Prime Mid-Wilshire/Wilshire Vista Development Opportunity! Located in one of Los Angeles' most desirable neighborhoods, this LAR2-zoned property offers exceptional investment and redevelopment potential. Existing zoning may accommodate multifamily development, ADUs, or future redevelopment opportunities (buyer to verify with the City of Los Angeles). LAR2 zoning may provide greater flexibility than SB 9, with potential opportunities for Density Bonus or other incentive programs, if applicable. Ideally situated in the sought-after Wilshire Vista/Mid-Wilshire neighborhood, adjacent to Miracle Mile and just minutes from Larchmont Village, Hancock Park, Beverly Grove, West Hollywood, and Koreatown. Enjoy convenient access to premier dining, shopping, entertainment, and major employment centers. Property is subject to the City of Los Angeles REAP Program. One unit is tenant-occupied and will transfer subject to the existing tenancy. The owner-occupied unit will be delivered vacant at the close of escrow. CASH OFFERS ONLY ! Buyer to independently verify zoning, development potential, allowable uses, REAP status, tenancy, and any applicable incentive programs with the City of Los Angeles.

1259 S Orange Drive, Los Angeles

$1,775,000

PW26067774 MLS ⋅ Active Status

Presenting an exceptional Spanish Duplex located in the heart of Carthay Square, perhaps one of the most architecturally significant areas in all of Los Angeles. 1071-73 Crescent Heights Boulevard is a 3,587 SF property, comprised of two 3-Bedroom units averaging over 1,700 SF per unit. Built in 1933, this charming duplex property exudes timeless 1930s appeal. Zoned R2-1-O-HPOZ, it is positioned within the dynamic landscape of Los Angeles, with the potential for Accessory Dwelling Units to be constructed in the rear (Buyer to Verify). This property embodies historical charm, making it an attractive proposition for the astute investor seeking a prime asset in such a finely-appointed pocket of Los Angeles. Both units feature spacious layouts, original decorative tile in the kitchens and bathrooms true to the property's 1930s roots - along with updated electrical subpanels and in-unit Washer/Dryers. The property is fully-tenanted and will be delivered as such.

1071 S Crescent Heights Boulevard, Los Angeles

$1,500,000

HD25249253 MLS ⋅ Active Status

Four units, comprising 2 buildings on one lot NO Garages. Front building a duplex: first floor 3 bedroom 2 bath, upstairs 2 bed 1 bath, second rear building duplex, downstairs 1 bedroom 1 bath, upstairs 1 bedroom 1 bath.. Utilities owners pay water tenants pay all other utilities. Property is located in a high demand rental area. All units are occupied, one by owners. Short distance to restaurants, shopping, RTD access LA area.

1211 Elden Ave., Los Angeles

$750,000

SB25202487 MLS ⋅ Active Status

Prime investment opportunity! This duplex, located adjacent to Koreatown in a highly desirable R3 lot, offers incredible potential for both immediate rental income and future development. This property provides the perfect opportunity to expand, add additional units, or redevelop into a multi-unit property. The existing duplex features two well-maintained units and provides a blend of privacy and practicality. This prime location allows residents to enjoy easy access to trendy restaurants, shopping, public transit, and major freeways, making it highly attractive for future development. Whether you're looking to generate income now or take advantage of the zoning for future expansion, this property is a rare find in a high-demand area. Don't miss out on this value-packed investment opportunity—schedule a viewing today!

422 Normandie Place, Los Angeles

$750,000

5 Beds ⋅ 3 Baths ⋅ SB25202445 MLS ⋅ Active Status

422 Normandie 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.