Excellent investment opportunity near Downtown Los Angeles featuring a fully renovated multi-unit property with strong income potential and an attractive CAP rate over 6%. This upgraded property consists of five units total: 1 studio, 3 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit. All units have been newly remodeled with modern finishes, offering bright and functional floor plans designed to attract quality tenants. Each unit features comfortable living space with abundant natural light, updated kitchens with new countertops, and ample cabinetry. Recent renovations provide a turnkey investment with minimal deferred maintenance. Conveniently located near Downtown LA with easy access to shopping, dining, public transportation, and major freeways, making it an ideal rental location in a high-demand market. Perfect opportunity for investors and 1031 exchange buyers seeking steady income and long-term growth potential.
600 E Edgeware Road: Sold $530,000 · 3 bd · 2 ba · 1,803 sqft · Sep 2026 · 0.6 mi
1351 Calumet Avenue: Sold $1,350,000 · 3 bd · 2 ba · 1,083 sqft · Jul 2026 · 0.7 mi Compass | DRE #01352359 Buyer's agent: Katie Crain, Compass | DRE #01811131
1120 W Edgeware Road: Sold $1,375,000 · 6 bd · 3 ba · 2,636 sqft · Jul 2026 · 0.7 mi Sotheby's International Realty | DRE #01877330 Buyer's agent: Ken Shapiro, Silverwood Properties | DRE #01715663
616 Belmont Avenue: Sold $1,505,000 · 3 bd · 4 ba · 1,992 sqft · Jul 2026 · 0.7 mi Compass | DRE #01963054 Buyer's agent: Jake Lazere, COMPASS | DRE #02135438
1736 Clinton Street: Sold $2,360,000 · 14 bd · 14 ba · 5,946 sqft · Jul 2026 · 0.8 mi Silverwood Properties | DRE #01715663 Buyer's agent: Ken Shapiro, Silverwood Properties | DRE #01715663
953 1/2 Everett Street: Sold $1,150,000 · 2 bd · 3 ba · 1,540 sqft · Sep 2026 · 0.9 mi M&M Financial Capital Group, Inc. | DRE #01791509 Buyer's agent: Judith Beserra, WERE REAL ESTATE | DRE #01914391
981 W Kensington: Sold $825,000 · Aug 2026 · 0.9 mi Opulence Realty | DRE #01183159 Buyer's agent: Ryan Yamauchi, Home Team Ventures | DRE #01907701
991 Everett: Sold $1,511,250 · Aug 2026 · 0.9 mi eXp Realty of California Inc | DRE #01938294 Buyer's agent: SUE CHAN, Compass | DRE #01960667