Mid Wilshire CA Real Estate Search

Mid Wilshire Real Estate

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18 Beds 18 Baths ACTIVE Status
Price Reduction! 100% Fully renovated 18-unit apartment building with permits cash flowing at an amazing 6.26% Cap Rate and 11.6 GRM from day 1! All the units have already been leased at full market rents for ~$2,400 per month providing an incredible cash flow. The offering provides investors with a unique opportunity to purchase a premium asset that was completely vacated and renovated. 201 N Normandie Avenue was built in 1923 and boasts 16 stylish apartment homes renovated in 2023 as well as 2 brand-new detached ADUs built in 2024. Ownership has conducted a complete property restoration with permits. It features an attractive unit composition of eighteen (18) spacious and well-designed One-Bedroom | One-Bathroom units. In all, 201 North Normandie Avenue features ~8,677 square feet of improvements on a collective 7,700 square feet of land, zoned LAR3. The property is separately metered for gas and electrical utilities to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were overhauled with a new roof, plumbing, and electrical systems were updated within the last couple of years with a new panel and wiring. Also, there are updated HVAC systems and new windows in each unit. When approaching the property, tenants are invited with a unique and inviting color scheme featuring a fresh paint job and stylish landscaping. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets, modern countertops, and new water heaters. The bathrooms boast new vanities, modern fixtures, along with sleek shower stalls. The location is in the heavily sought-after Koreatown and Wilshire Center sub-markets. 201 N Normandie Avenue is poised to capitalize on the tremendous momentum in the immediate area and neighboring Hollywood and Downtown. The subject property's transit-oriented and highly walkable location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby. Given the property's location and strong income metrics, 201 N Normandie Avenue is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

201 N Normandie Ave, Los Angeles

Courtesy of Global Platinum Properties, Inc., Armin Soleimani - CA DRE#01846872

This is a 60-unitNaturally Occurring Affordable Housing Opportunity in prime Koreatown at951-959 Fedora St, just north of Olympic Blvd. The subject property totalssix stories and features a unit mix of 25 singles, 20 one-bedrooms and 15two-bedrooms. There is one level of subterranean parking and one level ofon grade parking totaling 46 spaces, providing tenants with ample parkingoptions. The asset was constructed in 2021 and is not subject to the LosAngeles Rent Stabilization Ordinance.The property is currently 100% occupied and leased to PATH as part oftheir Resident and Property Support Services (RPSS) program. All tenantsare voucher-based holders from various subsidy programs, presenting apreservation opportunity and pathway to a property tax exemption to reduceoperating expenses. Current subsidies include vouchers from HACLA,STEP UP, SHINE BCA and LACDA. In addition to the rents, the ownershipreceives incentives equal to $90 per unit and a 10% gross rent bonus.Organically designed as a luxury apartment building, finishes inall units include high gloss white cabinets, vinyl plank flooring,recessed lighting, central air, glass-enclosed showers and newstainless-steel appliances. All units also have balconies andwasher-dryer hookups, presenting an opportunity to acquire ahigh-quality newer construction asset with strong in-place cashflow with additional upside through a property tax exemption.Koreatown is one of the densest neighborhoods in Los Angelesand remains a highly invested submarket, with an estimated $1billion in new projects capitalized since the early 2000s.Theoffering presents a rare opportunity for a mission-driven operatorto execute on a preservation strategy in one of the fastest growingsubmarkets in Los Angele on a newly built core asset with nodeferred maintenance.

955 Fedora St, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

2 Beds 3 Baths ACTIVE Status
High-rise Luxury Living in Wilshire/Western Historic Intersection. Prime Korea Town Location!. This stunning modern 2 bed 3 bath residence is situated in the heart of Korea Town. Positioned at the Northwest corner of the 22nd floor, just below the Penthouse, this unit offers breathtaking views of the Los Angeles skyline, spectacular sunsets, and sparkling city lights. The modern open floor plan maximizes natural light, highlighting the elegant hardwood floors. The wrap-around private balcony provides an unobstructed view of iconic landmarks such as the Hollywood sign, West Hollywood, Green Mountain, and the Griffith Park observatory, creating a serene private oasis. The expansive living room features newly renovated window coverings and floor-to-ceiling windows, serving as a captivating focal point. The gourmet kitchen is beautifully appointed with contemporary fixtures, including a sizable island, quartz countertops, hardwood cabinets, and stainless steel appliances. The crystal clear windows invite abundant sunlight into the interiors. The SOLAIR community offers premium amenities including 24/7 concierge and controlled access, a high-end sky deck with a pool and cabanas, a function room for parties, a gym, a conference room, a business center, a coffee room, and full-time building maintenance. It is also a pet-friendly environment. The unit includes private storage and two side-by-side assigned parking spaces. Conveniently located near Hancock Park, Larchmont Village, Wilshire Country Club, Korea Town DLTA, The Grove, Beverly Hills, and public transit, this home offers luxurious living in a tranquil setting away from high-traffic areas.

3785 Wilshire Blvd Unit 2211, Los Angeles

Courtesy of B & B Investment Properties, Audrey Jung - CA DRE#01400834

13 Beds 12 Baths ACTIVE Status
NEWLY LEASED!!! GREAT CAP RATE!!! Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Two of the units boast an impressive 5-bedroom, 5-bathroom configuration, catering to both first-time homebuyers and astute investors. The third unit features a comfortable 3-bedroom, 2-bathroom layout, providing a versatile living space. Natural light floods the open-concept living and kitchen space, offering panoramic views of palm trees, the iconic Hollywood sign, and glimpses of the downtown skyline. The kitchen features a spacious island, perfect for hosting gatherings and adding an inviting touch to the space. This modern multifamily building is not only visually appealing but also equipped with top-of-the-line amenities. Each unit is furnished with brand-new appliances, in-unit laundry for added convenience, and contemporary bathroom lighting fixtures. Two assigned parking spots are included with each unit, ensuring hassle-free parking.The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates, or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Beyond the walls of this splendid property, residents will enjoy a prime location with an outstanding walk score. Countless restaurants and shops are just steps away, ensuring effortless daily errands. Additionally, the vibrant nightlife, theaters, and entertainment options in the vicinity guarantee there's always something exciting to do.Don't miss out on this extraordinary opportunity. Whether you're looking for your dream residence or a promising investment, this multifamily building in East Hollywood has it all. Contact us today to schedule a viewing and seize this exceptional property in one of Los Angeles' most sought-after neighborhoods.

315 N Normandie Ave, Los Angeles

Courtesy of Compass, Robert Fields - CA DRE#02080346

36 Beds 30 Baths ACTIVE Status
The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2024 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is currently in lease-up. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.

339 S Oxford Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, Dario Svidler - CA DRE#01884474

71 Beds 76 Baths ACTIVE Status
SELLER FINANCING AVAILABLE FOR 18 MONTHS AT 4% INTEREST WITH ONLY 40% DOWN - Ardmore/Melrose is a stunning multifamily building located at 4660 Melrose Avenue, adjacent to Larchmont Village, Hollywood, Los Feliz, and Silverlake. This brand-new, 2023-built property features 66 beautifully designed units spread across 52,806 SF on a 16,060 SF lot in Melrose Hill, one of the most desirable locations in Los Angeles. With its prime location and exquisite design, Ardmore/Melrose offers investors a unique opportunity to acquire a high-quality asset that blends luxury and functionality. The building's unit mix includes (5) studios, (51) 1+1 units, and (10) 2+2 units, providing a diverse range of options for tenants. The interiors are crafted with meticulous attention to detail, featuring open floor plans, modern kitchens with quartz countertops, premium appliance packages, and in-unit washer/dryers. Additional amenities include central air conditioning, recessed LED lighting, luxury hardwood flooring, and private balconies in select units. Tenants can enjoy a fully equipped gym for fitness and a rooftop deck with stunning city views, perfect for relaxing and entertaining. The property also offers secured access entry and gated parking with 68 spaces, including EV charging stations. As an added benefit, the building is currently in lease-up, and ownership will guarantee rent on vacant units for the first year, providing investors with immediate cash flow stability.The location of Ardmore/Melrose is unmatched, situated in the heart of Melrose Hill and within easy reach of Larchmont Village, Hollywood, Los Feliz, and Silver Lake. Tenants have access to a wide range of amenities, including renowned restaurants, shops, nightlife, cultural and entertainment venues, and much more. The property is also ideally located near major employment centers like Hollywood, Wilshire Center, Downtown Los Angeles, Beverly Hills, and West Hollywood, with convenient access to transportation routes and the 101 Freeway. Ardmore/Melrose is an outstanding opportunity for investors seeking a newly constructed, luxury multifamily property in a vibrant Los Angeles neighborhood. With its exceptional design, premium amenities, and strong unit mix, this building is poised to offer investors consistent cash flow, excellent visibility, and strong market fundamentals. Don't miss your chance to invest in a property with both immediate and long-term potential for success.

4660 Melrose Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Angelica Gotzev - CA DRE#02053007

1 Beds 1 Baths PENDING Status
Welcome to Wellington Residential, where contemporary comfort meets convenience in the heart of Koreatown. This exquisite 1-bedroom condo presents a stylish and inviting living space. Upon entering, you'll be greeted by a spacious living room featuring a cozy fireplace, perfect for chilly evenings, and seamlessly flowing into a dining area, ideal for entertaining guests or enjoying meals with loved ones.The bright and modern kitchen boasts new appliances, including a stove and refrigerator, ready to fulfill your culinary desires. Freshly painted and adorned with new wood flooring throughout, the entire unit exudes a clean and contemporary atmosphere. Glass doors from the living room lead to a private balcony, offering a tranquil space to relax and admire the surrounding neighborhood views.The generously sized bedroom provides access to a patio, inviting in the refreshing morning air. Alongside TWO GARAGE TANDEM PARKING SPACES, abundant storage space ensures ample room for all your belongings. The building features a well-maintained lobby, creating a welcoming entrance for you and your guests.This condo also offers the convenience of low HOA dues. Situated in a prime location, it provides easy access to a plethora of nightlife options, markets, restaurants, and shopping opportunities, all within blocks. Whether starting your day at Document Coffee, shopping at the California Market, indulging in dinner at Park's BBQ, or unwinding with cocktails at the Break Room 86, experience the comfort, convenience, and vibrant lifestyle that awaits you in this highly desirable neighborhood.

500 S Berendo St Unit 112, Los Angeles

Courtesy of Dream Realty & Investments Inc, Steffan Kase - CA DRE#01966172

60 Beds 60 Baths ACTIVE Status
130 S Alexandria Ave is a 30-unit apartment building located in prime Koreatown, one of the most desirable and rapidly developing submarkets of Los Angeles. Originally constructed in 1990, the Property is a luxury three-story structure that has undergone significant renovations and offers the opportunity to add value through additional renovations. The Property features thirty well-designed, two bedroom, two bath units with open floor plans.130 S Alexandria offers investors a rare opportunity to acquire a sizeable trophy-asset within a high-demand rental market. Approximately 20 of the units have been renovated. The fully renovated units are equipped with high-end finishes which include new stainless-steel appliances, quartz countertops, vinyl plank flooring throughout, new kitchen cabinets and backsplashes, beautiful bathrooms with new sinks and vanities, new LED fixtures throughout, new paint and new window coverings. All first-floor units have extremely spacious patios, and all upper floor units have high, vaulted ceilings and balconies with expansive views of Downtown Los Angeles or Hollywood/Observatory. Less than half of the units have been fully renovated, leaving room for an investor to capitalize on the remaining rental upside. The Property has also undergone exterior capital improvements including a brand-new roof, new exterior paint, new flooring and new LED lighting throughout. The Property has secured entry with an intercom and 58 gated, underground parking spaces for all tenants. Additionally, each floor is conveniently equipped with a laundry room. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the remaining rental upside. 130 S Alexandria is ideally positioned in one of the most sought-after and vibrant communities in Los Angeles. The Property is a Walker's Paradise, conveniently located amongst nearby amenities including entertainment venues, restaurants, shopping, hotels, and nightlife. Tenants are only a 12-minute walk to the Vermont / Beverly Metro Red Line Station and less than a mile from the Wilshire /Normandie Purple Line Station connecting to riders to the greater Los Angeles Area. Located in an area with immense economic growth, 130 S Alexandria provides investors with the opportunity to acquire a well maintained, trophy-asset, which is poised to deliver long term appreciation and rent growth.

130 S Alexandria Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Janet Neman - CA DRE#01069127

2 Beds 2 Baths ACTIVE Status
Turnkey two bedroom and two bathroom condo in the heart of Koreatown! 2 bedroom and 2 bathroom condos don't come on the market often in this building or in the neighborhood! Per seller, HOA dues cover earthquake insurance! The gourmet kitchen is equipped with quartz countertops and modern appliances and flows seamlessly to the spacious living room with sliding doors that lead out to the exterior patio space with an idyllic view of beautiful plants! The floor plan lends itself to indoor and outdoor entertaining. Both bedrooms feel large and have walk-in closets, and each bedroom is conveniently located in opposite wings of the condo with the living area in the middle of the bedroom/bathroom areas. The recessed lighting throughout the condo add to the feeling of brightness throughout the unit as well. The existence of three wall A/C units is also a noteworthy feature! The strikingly verdant atmosphere of some common areas of the building is a characteristic that is not a given everywhere! When entering the building, one might say the ambiance is that of a garden oasis. Also, the parking garage is gated. Amenities in the building include a gym, elevators, a sizable Rec room with a billiards table, a laundry room on the same floor as this condo, and beautiful landscaping both inside the building and in front of the complex! The building location is also close to Larchmont Village, Hollywood, and all that Koreatown has to offer!

320 S Ardmore Ave Unit 123, Los Angeles

Courtesy of Rodeo Realty, Marc Monsod - CA DRE#01944082

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