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$5,500,000
12 Beds 24 Baths 26857413 MLS
644 Normandie Townhomes, a 2019 construction 13 unit luxury apartment building located in the heart of one the Los Angeles' most sought-after neighborhoods. The Townhomes are comprised of twelve large 1+1.5 townhomes and one studio+1 bath ADU (accessory dwelling unit). The Townhomes have modern interiors with many amenities including: custom Italian-style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private patios with sweeping city views. Each of the townhome units are three stories with the bedroom on the ground floor, the living room and kitchen on the second floor, and the mezzanine and private patio on the third floor. The building features 13 parking spaces in a private subterranean gated garage. The units are all individually metered for gas and electric, allowing the Landlord to bill back the tenants for their utilities. All units have high ceilings with large, premium double-paned windows which gives the units excellent natural light.

644 N Normandie Avenue, Los Angeles

Listing courtesy of Listing Agent: Joshua Luchs (Josh.Luchs@Kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$5,325,000
18 Beds 18 Baths 26856817 MLS
Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 7.75% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry, countertops, vanities, and fixtures. The property offers strong curb appeal with fresh exterior paint and professional landscaping, creating an inviting tenant experience. Located in the highly desirable Koreatown and Wilshire Center submarkets, the asset benefits from close proximity to Larchmont Village, Hollywood, and Downtown Los Angeles, as well as excellent walkability to dining, entertainment, and cultural amenities. With its prime location and strong income profile, 4203 Council Street represents an ideal investment for buyers seeking immediate cash flow and long-term appreciation.

4203 Council St, Los Angeles

Courtesy of KW Commercial Studio City, Nick Astrupgaard - CA DRE#01893466

$2,999,999
16 Beds 16 Baths 26856673 MLS
Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.45% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.49. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2026 World Cup and 2028 Olympics coming soon, this site is very close to all the action. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.

1151 S Ardmore Ave, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

$5,325,000
18 Beds 18 Baths 26856817 MLS
Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 7.75% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry, countertops, vanities, and fixtures. The property offers strong curb appeal with fresh exterior paint and professional landscaping, creating an inviting tenant experience. Located in the highly desirable Koreatown and Wilshire Center submarkets, the asset benefits from close proximity to Larchmont Village, Hollywood, and Downtown Los Angeles, as well as excellent walkability to dining, entertainment, and cultural amenities. With its prime location and strong income profile, 4203 Council Street represents an ideal investment for buyers seeking immediate cash flow and long-term appreciation.

4203 Council Street, Los Angeles

Listing courtesy of Listing Agent: Nick Astrupgaard (nastrupgaard@kw.com) from Listing Office: KW Commercial Studio City.

$2,999,999
16 Beds 16 Baths 26856673 MLS
Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.45% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.49. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2026 World Cup and 2028 Olympics coming soon, this site is very close to all the action. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.

1151 S Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: Daniel Lalezari (Dlalezari@gmail.com) from Listing Office: Keller Williams Hollywood Hills.

$1,499,000
6 Beds 6 Baths 26855353 MLS
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!

1125 S Ardmore Ave, Los Angeles

Courtesy of Mi Jeong Kim, MiJeong Kim - CA DRE#01887660

$1,499,000
6 Beds 6 Baths 26855353 MLS
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!

1125 S Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: MiJeong Kim (mjskre@gmail.com) from Listing Office: Mi Jeong Kim.

$1,100,000
4 Beds 4 Baths 26853823 MLS
Located in the desirable Koreatown/Mid-Wilshire area, this LAR3-zoned multifamily property presents an excellent opportunity for investors, developers, or owner-users seeking a centrally located asset with long-term potential. Situated in an established neighborhood experiencing continued revitalization and redevelopment, the property offers flexibility for a variety of investment strategies, including renovation, repositioning, or long-term ownership. The existing improvements may provide income-generating potential while future plans are explored. The property requires TLC and is being sold AS IS. Buyer is advised to independently verify all information, including square footage, permits, zoning, allowable uses, development potential, and all other aspects of the property with the City of Los Angeles and appropriate licensed professionals. Seller is currently in the process of tenant relocation. Buyers are advised to conduct their own due diligence regarding the property's occupancy status, tenant rights, and the timing of any vacancy. Contact the listing agent for the most current information.

1147 S Ardmore Ave, Los Angeles

Courtesy of Urban Real Estate, Inc., Sun Kyung Chang - CA DRE#01950848

$1,100,000
4 Beds 4 Baths 26853823 MLS
Located in the desirable Koreatown/Mid-Wilshire area, this LAR3-zoned multifamily property presents an excellent opportunity for investors, developers, or owner-users seeking a centrally located asset with long-term potential. Situated in an established neighborhood experiencing continued revitalization and redevelopment, the property offers flexibility for a variety of investment strategies, including renovation, repositioning, or long-term ownership. The existing improvements may provide income-generating potential while future plans are explored. The property requires TLC and is being sold AS IS. Buyer is advised to independently verify all information, including square footage, permits, zoning, allowable uses, development potential, and all other aspects of the property with the City of Los Angeles and appropriate licensed professionals. Seller is currently in the process of tenant relocation. Buyers are advised to conduct their own due diligence regarding the property's occupancy status, tenant rights, and the timing of any vacancy. Contact the listing agent for the most current information.

1147 S Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: Sun Kyung Chang (5071616s@gmail.com) from Listing Office: Urban Real Estate, Inc..

$1,650,000
8 Beds 5 Baths PF26141844 MLS
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

Listing courtesy of Listing Agent: Sang Ur (sang.ur@redfin.com) from Listing Office: Redfin Corporation.

$1,750,000
PF26141841 MLS
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

Listing courtesy of Listing Agent: Sang Ur (sang.ur@redfin.com) from Listing Office: Redfin Corporation.

$1,470,000
6 Beds 6 Baths 26852097 MLS
This 4plex offers an exceptional opportunity to grow your portfolio in one of LA's most sought-after rental markets. 2bed/2bath x2 (Rear building) was built in 2001. 1bed/1bath x2 (Front building) was built in 1957. One 2bed/2bath unit is owner use. It features good income, copper pipes and coin laundry at the property. A basement unit(permit is unknown) at the front building is occupied with a tenant, who pays $500/month. This well-maintained building is surrounded by nice neighbors and offers 7 parking spots and secure auto gate. With the potential for strong rental income and the flexibility of a vacant unit, this property is perfect for buyers aiming for long-term gains and future appreciation. It is conveniently located near the restaurants, markets, shopping, medical clinics, bus stops, Fwy 10 and LADT. The property is being sold as-is condition. Seller is motivated.

1229 S Harvard Blvd, Los Angeles

Courtesy of Keller Williams Beverly Hills, Sunhee Kilmer - CA DRE#01949622

$749,999
2 Beds 2 Baths OC26141850 MLS
Built in 2019, this two-bedroom, two-bathroom luxury condo has been fully upgraded. The home features hardwood floors, quartz countertops, Thor kitchen appliances, a custom extended kitchen island with a built-in wine cooler, and an in-unit washer and dryer. The primary suite offers a large soaking tub, dual vanities, and a spacious custom walk-in closet. All of the rooms feature large windows that bring in a generous amount of natural light. Gorgeous views of the city and downtown LA can be enjoyed on the balcony. Amenities include a pool, courtyards, recreation room, and fitness room. The gated garage has two assigned side-by-side parking spaces, guest parking, bicycle storage, and EV charging stations. Conveniently located between Koreatown and Westlake next to restaurants and grocery stores and just a few blocks away from the Wilshire/Vermont Metro station.

2939 Leeward Avenue Unit 516, Los Angeles

Listing courtesy of Listing Agent: Charles Huynh (charles@homebycharles.com) from Listing Office: Compass.

$758,000
2 Beds 2 Baths 26852885 MLS Golden Galaxy HOA BLDG.
Experience modern luxury in the heart of Koreatown! This spacious 2-bedroom, 2-bathroom condo features an open layout filled with natural light from large south-facing windows. The contemporary kitchen offers modern appliances, ample storage, and a large island perfect for everyday living and entertaining. The split-bedroom floor plan provides added privacy, while the primary suite includes a walk-in closet, en-suite bathroom, and access to an oversized private balcony that extends from the living room. Additional highlights include in-unit laundry and rare side-by-side parking. Enjoy resort-style amenities, including a pool, fitness center, clubhouse, and recreation room with a billiards table and kitchenette. Conveniently located near popular dining, shopping, entertainment, major freeways, and public transportation.Schedule a showing today and discover the best of Koreatown living!

2939 Leeward Ave Unit 401, Los Angeles

Courtesy of Keller Williams Larchmont, Christina Kim - CA DRE#01431281

$2,750,000
AR26141790 MLS
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

Listing courtesy of Listing Agent: Kuangkai Kuo (troykuo@yahoo.com) from Listing Office: In Realty Inc..

$4,000,000
23 Beds 14 Baths 26852873 MLS
313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 4.24% cap rate and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the building was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

313 N Alexandria Ave, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Johnny Cho - CA DRE#01394690

$1,900,000
8 Beds 8 Baths 26853139 MLS
Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

244 S Alexandria Ave, Los Angeles

Courtesy of Exp Commercial of California, Inc., Toni Nan Xiong - CA DRE#01462918

$1,470,000
6 Beds 6 Baths 26852097 MLS
This 4plex offers an exceptional opportunity to grow your portfolio in one of LA's most sought-after rental markets. 2bed/2bath x2 (Rear building) was built in 2001. 1bed/1bath x2 (Front building) was built in 1957. One 2bed/2bath unit is owner use. It features good income, copper pipes and coin laundry at the property. A basement unit(permit is unknown) at the front building is occupied with a tenant, who pays $500/month. This well-maintained building is surrounded by nice neighbors and offers 7 parking spots and secure auto gate. With the potential for strong rental income and the flexibility of a vacant unit, this property is perfect for buyers aiming for long-term gains and future appreciation. It is conveniently located near the restaurants, markets, shopping, medical clinics, bus stops, Fwy 10 and LADT. The property is being sold as-is condition. Seller is motivated.

1229 S Harvard Boulevard, Los Angeles

Listing courtesy of Listing Agent: Sunhee Kilmer (sunheekilmer@kw.com) from Listing Office: Keller Williams Beverly Hills.

$758,000
2 Beds 2 Baths 26852885 MLS
Experience modern luxury in the heart of Koreatown! This spacious 2-bedroom, 2-bathroom condo features an open layout filled with natural light from large south-facing windows. The contemporary kitchen offers modern appliances, ample storage, and a large island perfect for everyday living and entertaining. The split-bedroom floor plan provides added privacy, while the primary suite includes a walk-in closet, en-suite bathroom, and access to an oversized private balcony that extends from the living room. Additional highlights include in-unit laundry and rare side-by-side parking. Enjoy resort-style amenities, including a pool, fitness center, clubhouse, and recreation room with a billiards table and kitchenette. Conveniently located near popular dining, shopping, entertainment, major freeways, and public transportation.Schedule a showing today and discover the best of Koreatown living!

2939 Leeward Avenue Unit 401, Los Angeles

Listing courtesy of Listing Agent: Christina Kim (christina@christinakimrealty.com) from Listing Office: Keller Williams Larchmont.

$4,000,000
23 Beds 14 Baths 26852873 MLS
313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 4.24% cap rate and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the building was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

313 N Alexandria Avenue, Los Angeles

Listing courtesy of Listing Agent: Johnny Cho (JohnnyCho@kw.com) from Listing Office: Keller Williams Realty Los Feliz.

$1,900,000
8 Beds 8 Baths 26853139 MLS
Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

244 S Alexandria Avenue, Los Angeles

Listing courtesy of Listing Agent: Toni Nan Xiong (toni8000@gmail.com) from Listing Office: Exp Commercial of California, Inc..

$735,000
2 Beds 2 Baths BB26136125 MLS
Discover the perfect blend of style, space, and location in this beautifully updated residence nestled in the heart of vibrant Koreatown. Freshly painted and thoughtfully refreshed with newer flooring, an updated kitchen, and remodeled bathrooms, this inviting home offers modern comfort with an exceptionally functional layout. The true centerpiece of the home is the expansive chef-inspired kitchen—a rare find in condominium living. Designed for both everyday living and effortless entertaining, the oversized kitchen features abundant cabinetry, generous counter space, and an impressive wraparound island that serves as the natural gathering place for family and friends. Whether preparing a gourmet meal or hosting guests, this remarkable space seamlessly opens to the dining and living areas, creating a bright and airy open-concept floor plan that flows beautifully throughout the entire residence. Large sliding doors extend the living space outdoors to an oversized private balcony, offering the perfect setting for morning coffee, al fresco dining, or simply unwinding after a long day. The seamless indoor-outdoor connection enhances the home's spacious feel and provides an ideal extension of the main living area. The updated bathrooms showcase modern finishes, while the fresh paint and newer flooring create a clean, move-in-ready atmosphere that complements virtually any design style. Situated in one of Los Angeles' most sought-after neighborhoods, this prime Koreatown location places you in the center of world-class dining, shopping, entertainment, and convenient transportation. Food enthusiasts will especially appreciate having the Michelin-rated Danbi located directly across the street, offering an award-winning culinary experience just steps from your front door. Combining a rare oversized kitchen, an open and inviting floor plan, a spacious private balcony, stylish updates throughout, and an unbeatable Koreatown location, this exceptional home presents a unique opportunity to experience one of Los Angeles' most dynamic and walkable neighborhoods.

540 S Kenmore Avenue Unit 203, Los Angeles

Listing courtesy of Listing Agent: Greg Simitian (greg.g.simitian@gmail.com) from Listing Office: Redfin Corporation.

$875,000
5 Beds 4 Baths 26853385 MLS
ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.

644 N Serrano Ave, Los Angeles

Courtesy of Keller Williams Sierra Madre, Maria Sarmiento - CA DRE#01837686

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.