Refine Search
Sort by
$1,599,000
26760519 MLS Active Status
We are pleased to present a rare opportunity to break ground immediately on a fully entitled 22-unit apartment development in one of Los Angeles's most active growth corridors. Situated near the high-visibility corner of Florence Avenue and Crenshaw Boulevard in the burgeoning Hyde Park pocket, this vacant, shovel-ready site eliminates entitlement risk entirely and offers investors and developers a clear, immediate path to execution.The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today's Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land. The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood that is attracting serious investment. The property is just minutes from Inglewood's booming entertainment district, home to SoFi Stadium, Intuit Dome, and the Kia Forum, three world-class venues that have fundamentally reshaped demand dynamics across the entire submarket. Proximity to the Crenshaw/LAX Metro Line further strengthens the property's long-term rental appeal. For a developer seeking a turnkey opportunity with no entitlement timeline, a proven unit mix, and a location riding one of the strongest demand tailwinds in Los Angeles County, 3520 W. Florence Avenue delivers on every front.

3520 W Florence Avenue, Los Angeles

$4,225,000
6 Beds 5 Baths 26748785 MLS Active Status
Modern Farmhouse Living with Detached ADU in Prime Rancho Park. Nestled on a quiet, tree-lined street in highly desirable Rancho Park, this beautifully designed 6-bedroom, 5-bathroom Modern Farmhouse offers the perfect blend of luxury, comfort, and versatility including a detached ADU ideal for guests, rental income, or a private workspace. Thoughtfully crafted for both everyday living and effortless entertaining, the home features expansive open-concept dining and great room spaces that flow seamlessly into a chef-inspired gourmet kitchen, complete with a walk-in pantry and premium finishes. A highly sought-after downstairs bedroom provides flexibility for guests, in-laws, or a home office. Upstairs, discover four well-appointed bedrooms, including a stunning grand suite retreat designed for relaxation. The spacious primary offers a generous walk-in closet and a spa-like bathroom featuring dual vanities, a freestanding soaking tub, and a large walk-in shower. The detached ADU adds exceptional value and flexibility, perfect for extended stays, rental opportunities, or a dedicated studio or office space. Ideally located in the heart of Rancho Park, this home is just moments from popular boutiques, dining, cafes, and local hotspots offering the ultimate in Westside convenience and lifestyle. Built by Thomas James Homes, a nationally recognized leader in high-quality new construction, this opportunity allows buyers to purchase a home currently under construction and take advantage of exclusive benefits, including preferred pricing, the ability to personalize design finishes, and a guaranteed completion timeline. Take advantage of buying early and customizing your dream home while maximizing long-term value. Home pricing is subject to change at any time without notice or obligation. Square footages, lot sizes, and dimensions are approximate, may vary due to construction, measurement standards, engineering and municipal requirements, or other site-specific conditions, and are not guaranteed by Seller or Seller's Broker/Agent. Buyer is advised to independently verify all property dimensions during the investigation period and rely solely on Buyer's own investigations and those of professionals retained by Buyer. No representations or warranties, express or implied, are made by Seller regarding square footage. All imagery is illustrative, subject to change, and does not depict the subject property.

2234 Greenfield Avenue, Los Angeles

$525,000
3 Beds 1 Baths 26674155 MLS Active Under Contract Status
Rare opportunity in Los Angeles! This classic 3-bedroom, 1-bathroom home is a true diamond in the rough, perfect for investors or homeowners ready to renovate and build equity in a high-demand area. The interior boasts impressive high ceilings that create a bright, airy feel, while the LARD2 zoning provides incredible versatility for future development. The property features a long driveway with ample parking and a massive backyard, offering the ideal footprint to add an ADU for rental income or multi-generational living. The location is unbeatable for urban living, offering swift access to the 110 freeway and the thriving dining and entertainment scene of Downtown Los Angeles. Whether you're looking for a primary residence with upside or a savvy addition to your portfolio, this lot and location offer limitless potential.

956 E 33rd Street, Los Angeles

$1,049,000
2 Beds 2 Baths 26741547 MLS Active Under Contract Status
open-air courtyard with a fountain, creating an inviting first impression. Inside, the home unfolds with a graceful entry rotunda and an expansive, well-balanced floor plan. The open kitchen is appointed with stone countertops, stainless steel appliances, generous storage, and a breakfast bar that connects seamlessly to a cozy den with a fireplace. The spacious living and dining areas are framed by a striking wall of wood-framed windows and French doors, opening to an covered terrace. This outdoor space creating effortless indoor-outdoor flow. The primary suite serves as a private retreat, featuring direct access to the terrace, a custom walk-in closet, and a spa-inspired bath, soaking tub, and separate shower. The second bedroom is positioned on the opposite side of the home, offering privacy for guests or additional flexibility. Rich wood floors, elegant crown moldings, graceful arches, artisan tile accents, and soaring ceilings come together to create a sense of warmth, depth, and timeless character throughout the home. Additional amenities include in-unit laundry, central comfort, and gated underground parking with two spaces, along with guest parking.Ideally located on a quiet, tree-lined street just moments from Century City, Westwood Village, UCLA, Beverly Hills, and Rancho Park Golf Course, this residence offers both comfort and convenience in one of the Westside's most central locations.

10364 Almayo Avenue Unit 305, Los Angeles

$999,000
4 Beds 3 Baths 26752271 MLS Active Status
"PRICED TO SELL." A quintessential craftsman classic, built 1912, sits atop an expansive corner lot as one of the glowing jewels of Vermont Square, a historically recognized enclave of Los Angeles. Tasteful upgrades effortlessly call forth the natural beauty and allure of this neighborhood favorite for its true authenticity, charm and architectural style. Downstairs, offers 3 large bedrooms and 2 updated bathrooms, living room, dining room, spacious kitchen, laundry room, and a bonus den/office with its own separate side entrance. Upstairs, offers a stylishly renovated 4th bedroom (studio suite) with its own bathroom, kitchenette and private side entrance access. A perfect suite to home that loving family member. Yet, for the Do-It-Yourselfer, the oversized garage awaits completion and is ripe for continued development to build an ADU, music studio, or pickleball court. Abundant possibilities exist to develop this home. Great location central to museums, USC and L.A.'s downtown day and nightlife, which offers local retail shops, posh restaurants and some of L.A.'s most iconic street food.

1459 W 47th Street, Los Angeles

$1,850,000
3 Beds 2 Baths WS26083143 MLS Active Status
Rare and versatile opportunity can be used "as is" with a main and guest house or redeveloped as a multi unit residential property in one of the most sought-after Melrose-area neighborhoods. This charming 1920s property features a beautifully updated front residence plus a detached guesthouse, offering exceptional flexibility for both owner-users and investors. Whether used as a primary residence with supplemental income, a private office or studio, space for extended family, guest accommodations, or a full income-producing property, this unique offering adapts to a variety of needs. The front home offers 3 bedrooms and 2 bathrooms, highlighted by a brand-new kitchen with all-new appliances, fresh interior paint, beautiful wood-style flooring, a bright living room, dining area, inside laundry, and a private front yard. The detached guesthouse includes its own inviting living space, a modern kitchen with stainless steel appliances and granite countertops, a private patio, and flexible sleeping arrangements—ideal for guests, rental income, or creative workspace. Currently, the front residence is rented for $4,000 per month and the back guesthouse is rented for $2,700 per month, for a combined monthly income of $6,700. Both units are currently leased on a month-to-month basis, offering added flexibility for future use. Located moments from Melrose Avenue’s renowned dining, shopping, and entertainment, this is a rare opportunity to own a property that truly does it all. Additional upside: This R1-1 zoned property may offer several development opportunities. Potential options may include up to four units under SB 9, additional multi-unit possibilities under SB 684, and reduced or no parking requirements under AB 2097, subject to city approval and buyer verification.

716 N Sierra Bonita Avenue, Los Angeles

$2,495,000
4 Beds 4 Baths PW26082471 MLS Active Status
Welcome to 1519 Courtney Avenue, an Adobe-style Spanish residence located in the heart of Los Angeles’ sought-after Sunset Square Historic neighborhood, just moments from Sunset Boulevard and Hollywood Boulevard. Set among a collection of character-rich homes, this area has long been favored by creatives and entertainment professionals, with nearby streets tied to iconic film history, adding to its unique Hollywood appeal. Thoughtfully reimagined for modern living, this fully remodeled property blends architectural charm with high-end finishes and an ideal layout for entertaining. Offering approximately 2,488 sq ft of total usable and functional space, the property includes a 1,768 sq ft main residence with 3 bedrooms and 2.5 bathrooms, a detached approximately 360 sq ft casita (permitted as a rumpus room) with its own bathroom situated above the garage, and an additional approximately 360 sq ft flex space below, currently staged as a pool house/game room. The lower-level flex space offers excellent versatility and may also be utilized as a garage. With existing electrical, plumbing, and sewer connections already in place, it presents a compelling opportunity for potential ADU conversion—buyer to verify with the City. Inside, the home showcases white oak floors, new custom kitchen cabinetry, and a true chef’s kitchen outfitted with a 48-inch Viking range and refrigerator. The open living spaces flow seamlessly to the outdoors, creating a natural connection between indoor comfort and outdoor living. Step outside to your private backyard oasis, complete with a brand-new swimming pool and spa, designed for both relaxation and entertaining. An automatic privacy gate secures the driveway, offering added convenience and privacy. With its blend of character, modern upgrades, and multiple flexible living spaces, this property is perfectly suited for an entertainment-driven California lifestyle in one of Los Angeles’ most dynamic and culturally rich neighborhoods.

1519 Courtney Avenue, Los Angeles

$999,000
3 Beds 1 Baths 26744855 MLS Active Status
Major Price Reduction! Beverlywood-Adjacent Spanish Fixer on a 7,500 sqft LARD1.5 lot. Serious buyers, developers, and investors should act now. This 1924 Spanish-style home offers the kind of opportunity that is increasingly hard to find: classic architectural charm, strong curb appeal, original hardwood floors, and a large lot with exceptional development potential. Featuring 3 bedrooms + 1 bathroom, the property is a heavy fixer ready for a bold vision. Restore its Spanish character, reimagine the existing footprint, or explore the upside of a prime development opportunity in a bustling Westside location. DO NOT SUBMIT AN OFFER WITHOUT FIRST NOTIFYING LISTING AGENT VIA TEXT OR PHONE. Review Preliminary Title Report and NHD Report in Documents section of MLS.

2345 S Garth Avenue, Los Angeles

$669,000
2 Beds 2 Baths OC26081092 MLS Active Status
Beautifully renovated Spanish-style home on corner lot in Hyde Park. This 2-bedroom, 2-bath residence is filled with natural light and blends classic character with modern upgrades, featuring newer windows, updated flooring, ductless HVAC, and a stylishly remodeled kitchen and bathrooms. The front yard is highlighted by mature fruit trees, creating a welcoming and private setting. Ideal for both homeowners and investors, the property also includes architectural plans for the development of two additional units in the backyard - offering significant upside potential. Take advantage of this opportunity to own a move-in ready home with built-in expansion possibilities in a prime Los Angeles location.

3101 W 60th, Los Angeles

$795,000
3 Beds 2 Baths 26735181 MLS Active Under Contract Status
Tucked away in the heart of Vermont Knolls, this beautifully updated 3-bedroom, 2-bath home is a true Los Angeles gem. Thoughtfully renovated from top to bottom, the home blends modern finishes with warm, inviting charm. Sunlight pours through the living spaces, highlighting the clean lines, chef's kitchen, and stylishly updated bathrooms every detail designed for comfort and effortless living. Step outside and you'll find a private backyard oasis anchored by two massive, mature orange trees, bursting with character (and fruit). Whether you're hosting friends, enjoying a quiet morning coffee while listening to the birds chirp, or simply soaking in the Southern California sunshine, this outdoor space feels like a retreat of its own. Set in a welcoming neighborhood with easy access to local conveniences, this move-in-ready home offers the perfect balance of modern living and natural beauty.

1135 W 81st Place, Los Angeles

$1,399,000
2 Beds 3 Baths SB26081026 MLS Active Status
Completely remodeled with a focus on clean design and custom finishes, this 2-bedroom, 2.5-bath home offers a bright, open layout with abundant natural light and a true townhouse-style feel. The main level features wide plank engineered white oak flooring throughout, a spacious living and dining area with a gas fireplace, and a fully updated kitchen showcasing custom rift white oak cabinetry, quartz countertops, and Café appliances. A built-in dry bar with wine refrigerator adds both function and a thoughtful design element, along with a convenient updated powder room for guests. Upstairs, both bedrooms are en-suite, including a primary suite with vaulted ceilings, a walk-in closet, and a dual vanity bathroom with a separate tub and walk-in shower. The bathrooms have been fully remodeled with designer tile work, custom vanities, and updated fixtures. The secondary bathroom features a walk-in shower with full tile surround, glass enclosure, and modern finishes, while the secondary bedroom includes a custom Murphy bed, offering flexibility for guests or a home office. Additional features include a stackable washer and dryer upstairs, two tandem parking spaces, and a private patio enclosed with vinyl fencing, ideal for outdoor dining or BBQ. Located in a well-maintained 6-unit building just moments from Brentwood’s shops and restaurants along San Vicente and Montana Avenue.

11936 Gorham, Los Angeles

$829,000
DW26081633 MLS Active Status
DELIVERED VACANT- OWNER-USER OR INVESTOR CAN SET MARKET RENTS FROM DAY ONE. SELLERS SAYS LET'S GET IT SOLD! Exceptional opportunity to own a well-maintained duplex in a prime Central Los Angeles location. Situated at 736 W 41st Place, this versatile property offers approximately 2,369 square feet of living space and is currently being used as a 4-unit property, providing added flexibility and strong income potential. The property is configured with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it ideal for both investors and owner-users. The current 4-unit use offers multiple income streams and the flexibility for multi-generational living or an owner-occupant to live in one unit while renting out the others. Located in a rapidly developing area, the property is within close proximity to BMO Stadium, the Los Angeles Memorial Coliseum, the University of Southern California (USC), the California Science Center, and the upcoming Lucas Museum of Narrative Art. Convenient access to the 110, 10, and 105 freeways provides easy connectivity throughout Los Angeles. Excellent opportunity to acquire a flexible, income-producing property in a high-demand rental market with continued growth and development.

736 W 41st Place, Los Angeles

$699,900
3 Beds 3 Baths 26730519 MLS Active Status
Charm abounds in this upgraded California Bungalow featuring 3 bedrooms and 3 bath superbly situated in the Heart of Vermont Knolls. Sited on a spacious 5,595 square foot lot (40'x100' as per assessor) this secure property features a light and bright floor plan punctuated by laminate flooring, granite kitchen with custom cabinetry, stainless steal appliances and 2 recently built bathrooms highlighted by new tile and vanities. The backyard is a blank canvas and offers plenty of room to roam or to construct a gorgeous garden, while the 2-car detached garage would make a perfect ADU. Minutes to USC, DTLA, 110 Freeway and public transportation, this remarkable opportunity is a treat for the buyer who demands value and location!

1232 W 74th Street, Los Angeles

$1,675,000
3 Beds 3 Baths 26670033 MLS Active Status
Discover the perfect blend of modern style and hilltop serenity in this meticulously remodeled Mt. Washington gem. Nestled on a quiet cul-de-sac at 4121 Shelburn Ct, this one-of-a-kind residence features a spacious, designer kitchen boasting high end stainless steel appliances, unique stone countertops, and a breakfast bar framed by classic subway tile. The interior shines with sleek vinyl and tile flooring, leading to a rustic, fully tiled bathroom and a primary bedroom complete with a generous closet and dedicated in-unit laundry. Seamless indoor-outdoor living is invited through elegant French doors that open to a lush, private patio and yard, an ideal retreat just minutes from the trendy shops of Atwater Village and major commuter routes.

4121 Shelburn Court, Los Angeles

$898,999
5 Beds 4 Baths DW26081327 MLS Active Status
HUGE Price Reduction!!!! Welcome to this spacious Craftsman-style home offering a blend of character, functionality, and future up-side potential in the heart of the Exposition Park Neighborhood of Los Angeles. Featuring 5 bedrooms and 3.5 bathrooms across approximately 2,496 square feet, this residence provides an ideal layout for large households or multi-generational living OR significant upside for investors, developers, or buyers looking to add value on 6,647 SqFt Lot TOC Tier 3 (Can built up to 6-8 units—Buyer to verify). The home welcomes you with a covered front porch and opens into expansive living and dining areas highlighted by warm wood flooring, natural light, and a comfortable, inviting feel. The kitchen offers ample cabinetry & workspace, presenting a great opportunity for customization to suit your personal style. A recently updated laundry room (basement area) and a newer AC system (installed in 2021) add everyday convenience. Sitting on a 6,647 square foot lot, the backyard is designed for both enjoyment and privacy, featuring extensive pavement & grass areas, a large covered patio structure perfect for outdoor gatherings, and a fully fenced yard with added privacy fencing and gated access. And for inversor/developers a great opportunity to build up to 6-8 units. The finished garage offers excellent potential for an ADU conversion (buyer to verify), making this property an attractive option for those seeking additional living/flex space or rental income opportunities. With its generous size, functional layout, and value-add potential, this property is a rare opportunity to own a versatile home in the centrally located Exposition Park neighborhood within walking distance to EXPO Line, USC Campus/Village, LA Memorial Coliseum, BMO Stadium, CA Science Center, Natural History Museum and 10 minutes drive to DTLA, Crypto Arena, LA Convention Center, Sofi Stadium, Intuit Dome and much more.

3987 Halldale Avenue, Los Angeles

$1,750,000
26727753 MLS Active Status
1341 North Stanley Avenue presents a rare opportunity to acquire a fully vacant development site in the highly desirable Spaulding Square neighborhood, just steps from Sunset Boulevard. Offered at $1,750,000, the property equates to $279 per square foot on land and is delivered entirely vacant, eliminating tenant-related complications, relocation costs, and delays.Per the seller, the site is not subject to SB8, providing developers with enhanced flexibility and a more streamlined path to entitlement. The LARD1.5 zoning allows for multiple development strategies, including townhomes, condominiums, or a Tenancy-in-Common (TIC) project, making it an ideal opportunity to capitalize on strong demand for for-sale housing in this prime West Hollywood-adjacent location.

1341 N Stanley Avenue, Los Angeles

$725,000
2 Beds 2 Baths 26706425 MLS Active Status
Come see this beautifully updated penthouse unit in Del Rey! This unit features two bedrooms and two bathrooms, an open floor plan, vaulted ceilings, crown molding, updated flooring, and in-unit laundry. The large primary bedroom includes a walk-in closet, ensuite bathroom, vaulted ceiling, and balcony access. The kitchen has modern stainless steel appliances, quartz countertops, and lots of cabinets. This stunning property offers peace of mind with a fully installed SimpliSafe security system, ensuring top-notch protection and convenience. Additional storage is secured and lofted in the unit, and storage closets are in the secured parking area. This unit features gated parking with the added convenience of two reserved tandem spaces, ensuring ample parking for residents. The HOA includes water, trash, building maintenance, and earthquake insurance. This location is unbeatable with easy access to the 405 and 10 freeways, public transportation, LAX, DTLA, and UCLA. Only minutes away from entertaining hot spots in Marina Del Rey, Culver City, and Venice Beach, don't miss your chance to see this beautiful home!

11930 Avon Way Unit 207, Los Angeles

$125,000
DW26080744 MLS Active Under Contract Status
Great opportunity to own a 3,070 sq ft residential lot in the heart of South Central Los Angeles, zoned R2. This Land Lot offers excellent potential for development, allowing for multiple units (buyer to verify with the city), making it ideal for investors, builders, or homeowners looking to expand. Positioned next to an existing residence, this lot presents a unique opportunity for the neighboring owner to enhance their property value, expand their footprint, or create additional income through new construction. If developed, the property offers strong potential for rental income, making it an attractive long-term investment. Conveniently located near major freeways, schools, and local amenities, this is a rare chance to secure land in a high- rental demand area with strong growth potential. Don’t miss out on this versatile investment opportunity.

Holmes ave, Los Angeles

$999,000
4 Beds 3 Baths 26726463 MLS Active Under Contract Status
Prime Hollywood Triplex Investment Opportunity! Seize this exceptional investment opportunity in the heart of Hollywood! This well-maintained triplex offers strong potential for rental income growth. The property features a spacious 2-bedroom, 1-bath unit on the top floor, along with two 1-bedroom, 1-bath units on the lower level. Situated on a 6,500+ square foot lot, it offers plenty of parking. Potential f Accessory Dwelling Unit (ADU) for the property, offering even more potential for value-add and increased rental income. With a prime location, this property is just steps away from a wide variety of restaurants, shops, LA City College, and the Metro Red Line, offering convenient access to downtown LA and beyond. This is your chance to invest in one of Los Angeles' most sought-after neighborhoods with tremendous upside potential! Please do not disturb tenants.

1117 N Alexandria Avenue, Los Angeles

$979,000
6 Beds 4 Baths 26715481 MLS Active Status
Exceptional investment and owner-user opportunity in the heart of Boyle Heights, just moments from Cesar Chavez Avenue. Currently generating $5,607 per month in rental income, this legally permitted triplex offers immediate cash flow, significant recent upgrades, and multiple avenues for future upside. The front residence, a 2-bedroom, 1-bathroom home, will be delivered vacant at close of escrow, creating a rare opportunity for an owner-occupant to live in one unit while generating rental income from the others, or for an investor to lease at current market rates and maximize returns from day one. The two rear units are tenant-occupied on month-to-month agreements and currently generate $2,007 and $1,750 per month in rental income, providing immediate cash flow with future flexibility. In addition, a bonus space attached to the front residence is currently leased for $1,850 per month, including utilities, creating additional income potential. Buyer to independently verify permits, approvals, use, and configuration of the bonus space. The property has benefited from substantial recent capital improvements, including new roofs on all structures (2025), mini-split heating and cooling systems throughout (2025), separately metered electrical service (2026), and a solar panel system (2026), helping reduce operating costs while enhancing tenant appeal. Additional features include covered driveway parking, exterior storage, and private outdoor space ideal for relaxing or entertaining. Owner currently pays water, sewer, and gas, while tenants pay electricity and trash. With the vacant front residence and additional income generated by the bonus space, investors have the potential to increase revenue and improve overall returns, while owner-occupants can take advantage of a unique opportunity to offset housing costs with rental income. Whether you're seeking a house-hack opportunity, a multi-generational living arrangement, or a well-maintained income-producing asset with upside in one of Los Angeles' most established rental markets, this property checks all the boxes. Opportunities to acquire a triplex with a vacant owner's unit, strong in-place income, recent system upgrades, and additional income potential are increasingly hard to find.

547 N St Louis Street, Los Angeles

$1,195,000
5 Beds 4 Baths 26714031 MLS Active Status
We are proud to present a rare opportunity to acquire a fully renovated 4-unit Craftsman compound on Burlington Ave, offering a true "turnkey" investment in one of Los Angeles' most central rental corridors. Comprised of a duplex and a single-family residence with an attached ADU, this thoughtfully re-imagined property has undergone a comprehensive remodel featuring mini-split HVAC systems, modern laminate flooring, stainless steel appliances, quartz countertops, and more. Most of the units are equipped with in-unit laundry, catering to today's tenant expectations and maximizing rental appeal. The property offers spacious and efficient layouts, including two-bedroom units exceeding 1,100 SF, a one-bedroom unit over 800 SF, and a well-designed studio space over 500 SF providing flexibility for a wide range of tenant profiles. The charming front yard is highlighted by a white picket fence, shaded patio, and a parking field with a total of 7 spaces, creating a welcoming, residential feel that sets this asset apart from typical multifamily offerings. Strategically located just minutes from University of Southern California, Exposition Park, BMO Stadium, and Downtown Los Angeles, the property benefits from strong and consistent rental demand. Immediate access to the 110 and 10 Freeways ensures seamless connectivity across the city. This is an ideal opportunity for both investors seeking stabilized, low-maintenance income and owner-users looking to capitalize on a high-quality, income-producing asset.

1703 S Burlington Avenue, Los Angeles

$799,000
4 Beds 3 Baths 25607637 MLS Active Status
Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!

5700 S Gramercy Place, Los Angeles

$4,195,000
26711141 MLS Active Status
The property consists of a 12,873 square foot vacant development site located at 10713-10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles. Zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan, the site is situated in a well-established multifamily submarket with strong demand drivers and convenient access to nearby employment centers, retail corridors, and transit infrastructure. The property is currently cleared following the demolition of prior residential improvements, providing a clean and efficient starting point for new development. Although a prior approval exists for a 28-unit TOC project, the regulatory landscape has evolved significantly, allowing for substantially greater development potential today. The site is eligible for multiple incentive programs, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City's Mixed Income Incentive Program (MIIP), introduced under the Citywide Housing Incentive Program (CHIP). These programs offer developers the ability to increase allowable unit count, expand floor area, achieve additional building height, and utilize more flexible development standards, creating a range of scalable design and financial outcomes depending on the selected entitlement strategy. Based on the current regulatory framework, the Site supports a range of high-density multifamily development scenarios. Under State Density Bonus Law (AB 1287) with HESMD streamlining, a project could achieve approximately 42 total units (including ADUs). Transit Oriented Communities (Tier 3) would allow for a smaller-scale development of approximately 36 total units. More significantly, MIIP scenarios offer materially greater density, including approximately 62 units under TOIA-2 (50 base units plus 12 ADUs), 67 units under OCIA-1 (54 base units plus 13 ADUs), 72 units under TOIA-2 (58 base units plus 14 ADUs), and up to approximately 78 units under OCIA-1 (63 base units plus 15 ADUs). These programs also allow increased floor area (up to approximately 49,000 square feet with incentives), height up to approximately 67-78 feet depending on the selected program, and flexible development standards, all without minimum parking requirements. Overall, the property presents a compelling opportunity to develop a high-density multifamily project in a core West Los Angeles location, with multiple viable paths to maximize unit count, optimize design, and capitalize on favorable planning policies that support increased residential development.

10713 10713-25 Palms Boulevard, 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.