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$1,300,000
PW26165467 MLS
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2858 W Pico, Los Angeles

Listing courtesy of Listing Agent: Mihwa Yi (sellhouse8282@gmail.com) from Listing Office: Epique Realty.
$499,900
2 Beds ⋅ 1 Baths ⋅ WS26165064 MLS
Spanish-style gem nestled above street level in the vibrant and sought-after neighborhood of KoreaTown, Los Angeles! The residence seamlessly blends classic charm with modern conveniences, offering a truly enchanting living experience, with two bedrooms and one bathroom. The inviting open floor plan flows from the living room, dining area, and a beautifully appointed kitchen. Gleaming laminate floors and an abundance natural light create an atmosphere of warmth and comfort, making it perfect for both cozy nights in and evenings gatherings. Indulge in breathtaking sunset views from the front deck, a tranquil retreat to unwind and soak in the stunning Los Angeles skyline. With this idyllic setting, every evening becomes an opportunity to savor the beauty that Southern California has to offer. Relax and entertain in the enclosed patio. Additionally, two side patios offer convenience with one that has laundry hook ups to accommodate a stackable washer and dryer. There is also a one-car garage with its own assessor parcel number, while easy access to major freeways place you just minutes away from Downtown LA's vibrant cultural scene, the prestigious University of Southern California (USC), and the exciting Crypto arena. Snuggled in the heart of KoreaTown, this home boasts an enviable location where every amenity is within reach. Savor world-class dining, indulge in cultural experiences, and explore a diverse tapestry of entertainment options, all just moments away.

2989 W 12th Street, Los Angeles

Listing courtesy of Listing Agent: MAX MARIN (max@maxmarin.com) from Listing Office: Max Marin Real Estate.
$1,300,000
5 Beds ⋅ 3 Baths ⋅ PW26164705 MLS
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2836 W Pico, Los Angeles

Listing courtesy of Listing Agent: Mihwa Yi (sellhouse8282@gmail.com) from Listing Office: Epique Realty.
$1,300,000
5 Beds ⋅ 2 Baths ⋅ PW26163177 MLS
Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

1628 S Van Ness, Los Angeles

Listing courtesy of Listing Agent: Sophia Chang (newstarrealtysophiachang@gmail.com) from Listing Office: New Star Realty & Investment.
$1,199,000
9 Beds ⋅ 6 Baths ⋅ SR26135756 MLS
Versatile residential-income opportunity in a central Los Angeles location near Koreatown, Downtown Los Angeles and USC. Situated on an approximately 5,908-square-foot LAR3 lot, this character property consists of two buildings with approximately 4,103 square feet of total building area. The main building features 5 bedrooms and 4 bathrooms, while the secondary building offers 4 bedrooms and 2 bathrooms, providing a flexible configuration for an owner-user or income-property investor. Spacious interiors feature updated flooring, recessed lighting and flexible living areas with abundant natural light. Highlights include generous rooms, inviting living spaces, a fireplace, updated kitchens and bathrooms, interior laundry facilities and a covered porch. The upper-level space opens to an outdoor area and views toward the Downtown Los Angeles skyline. A mix of private and shared areas provides flexibility for a variety of living and income-property arrangements. Conveniently located near major employment, dining, shopping, entertainment and transportation destinations throughout central Los Angeles. Buyer to independently verify all permits, square footage, unit configuration, bedroom and bathroom counts, zoning, rent-control status and allowable uses.

2970 W 11th, Los Angeles

Listing courtesy of Listing Agent: Sandro Bononi (sandrobononi@me.com) from Listing Office: LPT Realty, Inc.
$1,400,000
4 Beds ⋅ 2 Baths ⋅ DW26099653 MLS
fixer Fixer . Ideal For investors. Step into a rare piece of Los Angeles history with this remarkable two-story Neo-Classical residence located in the heart of Koreatown’s desirable Historic Preservation Overlay Zone (HPOZ). Designed by renowned architect Edward J. Borgmeyer .celebrated for his iconic theater designs throughout Southern California . this distinguished property was also his personal residence from 1912 to 1962, adding an extraordinary layer of architectural significance and provenance. Showcasing original brick construction and timeless old-world character, the main residence features 5 bedrooms and 2 bathrooms, offering a rare opportunity to restore and reimagine a true historic gem. Rich with classic architectural details, the home includes a formal dining room, spacious living areas, a kitchen with adjoining butler’s pantry, and an abundance of vintage charm throughout. Set on a generous lot in one of Koreatown’s most sought-after historic neighborhoods, This is an exceptional opportunity for investors, preservation enthusiasts, or buyers seeking a one of a kind restoration project with tremendous upside. With HPOZ zoning (LAR3), the possibilities are endless for bringing this architectural treasure back to its full glory.

138 N Manhattan, Los Angeles

Listing courtesy of Listing Agent: Rosibel Flores (rosibel4homes@gmail.com) from Listing Office: Equity Smart Real Estate Serv.
$1,690,000
2 Beds ⋅ 2 Baths ⋅ MB22031457 MLS
*** 9 Units Apartment Plan has been submitted already!! Good project for investers and contractors. Duplex units with tenants. Plan for 9 units apartments has been submitted already. It would be for multiple units building for 3 studio and 6 3beds/2bath. Don't miss this wonderful opportunity for your development!

247 S Carondelet Street, Los Angeles

Listing courtesy of Listing Agent: DAVID XU (WEIJUN_XU@HOTMAIL.COM) from Listing Office: EXCELLENCE RE REAL ESTATE.

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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.