Los Angeles County Homes with Apartment Subtype

Los Angeles County Homes with Apartment Subtype

Welcome to Los Angeles County, a vibrant tapestry of culture, innovation, and stunning landscapes. Nestled in the heart of sunny California, this sprawling metropolis is not just the entertainment capital of the world but also a thriving hub for diverse communities, each with its own unique charm. From the sandy beaches of Santa Monica to the iconic Hollywood Hills, Los Angeles offers an unparalleled lifestyle that attracts residents from all walks of life.

For those seeking a blend of comfort and convenience, homes with an apartment subtype are a fantastic option. These residences provide the perfect solution for multi-generational living or for those who desire a rental income potential. Imagine having a cozy apartment within your home, where family members can enjoy their independence, or where you can host guests while maintaining your privacy.

Los Angeles County boasts a rich variety of neighborhoods, each featuring its own distinct character. Whether you’re drawn to the trendy vibes of Silver Lake, the historic charm of Pasadena, or the coastal allure of Malibu, you’ll find homes that cater to your needs. Many properties with apartment subtypes are strategically located near public transportation, shopping centers, and recreational parks, making them ideal for both families and professionals.

With a dynamic real estate market, investing in a home with an apartment subtype in Los Angeles County not only enhances your living experience but also offers a promising opportunity for financial growth. Discover the perfect home that fits your lifestyle and embrace the endless possibilities that Los Angeles has to offer!

Newest Los Angeles County Homes with Apartment Subtype

2917 Walton Avenue, Los Angeles
$1,650,000
CV26237153 MLS ⋅ Active Status
Exceptional opportunity to acquire a 5-unit multi-family investment currently operating as student housing walking distance to USC, delivering an impressive 7.37% current CAP Rate and 10.19 GRM, with projected upside to an 8.89% CAP Rate and 8.79 GRM. Currently occupied entirely by USC students, this property offers investors strong day-one cash flow, significant income growth potential, and a desirable location within the USC Department of Public Safety (DPS) Patrol Zone. The property features a unique configuration consisting of a fourplex and a detached rear cottage, with each unit offering a desirable 3-Bedroom/2-Bath floor plan, providing a total of 19 rentable beds. Encompassing approximately 4,584 building square feet on a 6,200 sq. ft. lot. The real advantage is the student rental model. The property is under the Rent Stabilization Ordinance (RSO), which caps rent increases for tenants who stay. Students move out every year, though, so rents reset to market at each turnover. Most RSO buildings fall further behind market every year, while this one can keep its income in line with market rents. Residents also enjoy off-street parking and an onsite laundry facility, amenities that add convenience and enhance the property's appeal to USC students. This property combines strong current financial performance, an attractive bedroom configuration, and substantial rental upside. With a 7.37% current CAP Rate and the potential to achieve an 8.89% CAP Rate at projected market rents, this is a compelling opportunity for investors seeking high-yield student housing in the USC rental market.

2917 Walton Avenue, Los Angeles

849 W 73rd, Los Angeles
$1,050,000
DW26237331 MLS ⋅ Coming Soon Status
**EXCELLENT FOUR-UNIT INVESTMENT OPPORTUNITY IN LOS ANGELES!** Attention investors and owner-occupants! Discover an outstanding opportunity to acquire a spacious four-unit income property in the heart of Los Angeles! Offered at **$1,050,000**, this well-positioned property features **four generously sized 2-bedroom, 1-bathroom units**, offering an attractive combination of rental income potential, flexibility, and long-term investment value. Built in 1965, the property offers approximately **3,952 square feet of living space** on a **5,811-square-foot lot**. With **two units currently vacant and the remaining two to be delivered vacant at the close of escrow**, buyers have a unique opportunity to establish their own rental rates, select their tenants, or explore an owner-occupied investment strategy. Conveniently situated near major transportation corridors, shopping, schools, and neighborhood amenities, the property offers accessibility to Downtown Los Angeles, USC, Exposition Park, and surrounding employment centers. Whether you're looking to expand your investment portfolio, establish a new rental income stream, or live in one unit while renting the others, this property presents exciting possibilities. **Four units, exceptional flexibility, and the opportunity to maximize rental potential from day one!** **Opportunities like this deserve your attention! Schedule your private showing today and explore the investment potential of 849 W 73rd Street!**

849 W 73rd, Los Angeles

917 S Catalina, Los Angeles
$1,350,000
GD26237013 MLS ⋅ Active Status
We are pleased present 917 S. Catalina Street, an attractive five-unit multifamily investment opportunity with all 2-bedroom and 2-bathroom units. Situated in the heart of Los Angeles' vibrant Koreatown neighborhood. Built in 1988, the property offers an appealing combination of existing rental income, spacious unit configurations, and immediate value-add potential through the lease-up of one vacant unit. Situated on an approximately 6,567-square-foot lot, the two-story property comprises approximately 3,972 square feet of building area and features five generously sized two-bedroom, one-and-a-half-bathroom units. The property's desirable unit mix, practical layouts, and central location make it an appealing investment for buyers seeking stable rental income with opportunities to enhance overall performance. Currently 80% occupied, with four of the five units leased, the property generates approximately $100,824 in annual scheduled rental income, representing a 4.53% current capitalization rate. The vacant fifth unit offers an immediate opportunity to increase revenue without relying on the turnover of existing tenants. At projected market rents, annual scheduled income increases to approximately $127,824, supporting a 6.15% pro forma capitalization rate, based on estimated operating expenses and a 3% vacancy allowance. Located in a well-established residential pocket of Koreatown, the property benefits from its proximity to Downtown Los Angeles, Wilshire Boulevard, major employment centers, restaurants, shopping, entertainment, and public transportation. The surrounding neighborhood features a blend of established multifamily buildings, residential communities, and neighborhood-serving businesses, contributing to the area's continued appeal among renters seeking convenient access to Central Los Angeles. With its 1988 construction, five desirable two-bedroom units, existing income, and immediate lease-up potential, 917 S. Catalina Street presents a compelling opportunity for investors seeking a well-located multifamily asset with both current cash flow and meaningful potential for increased rental income.

917 S Catalina, Los Angeles

5928 S Hoover Street, Los Angeles
$3,150,000
AR26236666 MLS ⋅ Active Status
3rd Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 11% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 10.4% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

14110 Yukon, Hawthorne
$7,500,000
SB26236638 MLS ⋅ Active Status
PRICE REDUCTION! NOW OFFERED AT ONLY $7,500,000! This 28-unit, non-rent-controlled South Bay multifamily property delivers strong day-one cash flow at a 6.5% current cap rate, with significant upside through a proposed 15-unit ADU expansion. Built in 1974 and renovated in 2024, the property contains approximately 18,310 SF on a substantial 19,196 SF lot and offers a diverse unit mix of 24 one-bedroom units and four two-bedroom units, along with 33 on-site parking spaces. The defining investment opportunity is the potential to add 15 ADUs—7 attached and 8 detached—increasing the unit count by more than 50%, from 28 units to 43 units, without acquiring additional land. Upon completion of the proposed ADU program and after accounting for estimated construction costs, the property is projected to achieve an approximately 9% cap rate and 7.8 GRM, with an all-in basis of approximately only $199,000 per unit based on the expanded 43-unit count. This creates an opportunity to acquire a stabilized multifamily asset with strong existing income while adding substantial density at a basis that would be difficult to replicate through either a conventional acquisition or ground-up development. The property is not subject to local rent control and is generally governed by California’s statewide AB 1482 rent cap, currently allowing annual rent increases of up to 8.7% in the Los Angeles area, providing a clear path for below-market rents to move toward market over time. The property is strategically located within Hawthorne’s major employment and entertainment corridor, near several of Southern California’s most prominent aerospace, technology, sports, and entertainment destinations, including SpaceX, Tesla, Intuit Dome, SoFi Stadium, YouTube Theater, and Kia Forum. 14110 Yukon offers investors the combination of strong in-place cash flow, an approximately 6.5% going-in cap rate, and a clearly defined path to 43 units and an approximately 9% stabilized cap rate.

14110 Yukon, Hawthorne

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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.

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