Los Angeles Homes with Apartment Subtype

Welcome to Los Angeles County, a vibrant tapestry of culture, diversity, and opportunity nestled in the heart of sunny California. Known for its iconic skyline, beautiful beaches, and world-renowned entertainment industry, Los Angeles is more than just a city—it's a lifestyle. With a population that reflects a rich array of backgrounds and traditions, LA County offers a unique blend of urban excitement and suburban tranquility, making it one of the most desirable places to live in the Golden State.

When it comes to real estate, Los Angeles County is a treasure trove of options, particularly for those interested in homes with an apartment subtype. These properties cater to a variety of lifestyles, whether you’re a first-time homebuyer seeking a cozy space or an investor looking for rental opportunities. Homes with an apartment subtype provide the perfect balance of privacy and flexibility, allowing you to live in one unit while renting out the other. This dual-living arrangement not only maximizes your investment but also opens doors to the vibrant rental market that thrives in this bustling county.

Imagine waking up to the stunning views of the Hollywood Hills or enjoying a leisurely afternoon at one of the many parks scattered throughout the area. With access to top-notch schools, eclectic dining options, and a rich cultural scene, Los Angeles County is a place where dreams are made. Whether you’re looking for a chic apartment in Downtown LA or a charming bungalow in Santa Monica, the perfect home awaits you in this dynamic county. Discover the possibilities today and embrace the LA lifestyle!

Newest Los Angeles Homes with Apartment Subtype

$1,500,000

OC26200178 MLS ⋅ Active Status

Exceptional value-add multifamily opportunity in Arcadia. This five-unit property consists of a detached single-family residence plus an attached four-unit building, with all units configured as 2-bedroom, 1-bath. Two units provide immediate upside for renovation and lease-up at market rents. The four-unit building includes covered carport parking, while the detached single-family residence includes a detached garage. Beyond the near-term income-growth opportunity, the property offers potential for accessory dwelling units (ADUs), subject to buyer investigation, city approval, and applicable regulations. A rare opportunity to acquire a five-unit asset with immediate value-add potential and a path to future unit expansion in the San Gabriel Valley. Buyer to verify unit count, square footage, zoning, ADU feasibility, school assignments, permits, and all information to their own satisfaction.

2521 S 6th, Arcadia

$1,595,000

SB26199827 MLS ⋅ Active Status

This clean, well-maintained property presents a great opportunity for those looking to own a stable asset that is east to manage and operate. Located directly across from Drake Park in Long Beach's historic Drake Park/Wilmore City neighborhood, there are 6 large units within 2 structures on a 7,316sqft lot with 5 garages. Priced at a 10.99 GRM and 6.0% cap rate, the property offers immediate upside with 5 of 6 units eligible for rent increases, plus long-term value-add potential via 5 single-car garages that may allow for future ADU conversion. 5 of 6 units tastefully renovated in 2021 and recent capital improvements include new exterior stairs, new water heaters in 4 of 6 units, and upgraded breakers/subpanels. The lot features a charming central courtyard, and it's located across the street from the Historic Drake Park with proximity to over $8 billion in ongoing and planned development near Downtown Long Beach and the Waterfront. This is a great deal for all investors, especially those that need the end of the year tax shelter benefits and/or those currently in a 1031 exchange.

920 N Park, Long Beach

$1,199,000

WS26198637 MLS ⋅ Active Status

Clean, well maintained property between Beverly Blvd & West 3rd St, west of Alvarado . Fully occupied 6 units in a lot from street to alley. Updated electrical panel, each unit has their own water heater, electric meter, gas meter and parking. Common area laundry for additional income. New building construction next to the property.

221 S Bonnie Brae, Los Angeles

$2,525,000

OC26199545 MLS ⋅ Active Status

2059 Cedar Avenue is a 14-unit multifamily property located in Long Beach, California. Built in 1931, 2059 Cedar Avenue features distinctive Spanish Revival-style architecture characterized by its stucco exterior, clay tile roof, arched openings and period architectural detailing. The 2-story property features a unit mix of 6 studios and 8 1-bed/1-bath units totaling approximately 9,399 rentable square feet. Residents enter through a controlled-access main entrance that opens to an interior hallway system serving the individual residences, a layout characteristic of apartment buildings from this era. The property offers several amenities that provide value to both residents and ownership. An on-site laundry facility gives residents the convenience of laundry within the building while generating additional property income. The 4 garage parking spaces are particularly valuable in Long Beach’s dense residential environment, providing residents with dedicated off-street parking while also enhancing the property’s rental income. Current ownership reports copper plumbing and electrical improvements, along with updates to kitchens and bathrooms throughout the property. Units have also received various improvements as they have turned over through the years, with stainless-steel appliances among the upgrades found in select residences. Combining classic 1930s architecture with updated interiors, building-system improvements and incomeproducing resident amenities, 2059 Cedar Avenue offers investors the opportunity to acquire a distinctive Long Beach multifamily asset with numerous capital improvements already completed under current ownership.

2059 Cedar Avenue, Long Beach

$2,125,000

OC26199510 MLS ⋅ Active Status

1111 Pine Avenue is a 12-unit multifamily investment opportunity located in Long Beach, California. Built in 1922, 1111 Pine Avenue features a unit mix of 7 studios and 5 1-bed/1-bath units totaling approximately 6,142 square feet of net rentable area. The property offers a gated central courtyard, on-site laundry facility and 4 garage parking spaces. The property has benefited from extensive improvements under current ownership, with most units substantially renovated as vacancies occurred over roughly the last decade. Five units have been recently renovated with all-new kitchens and bathrooms, including 4 currently vacant units whose renovations were just completed and are positioned to be leased at current market rental rates. Renovated interiors feature a mix of updated cabinetry, countertops and flooring as well as recessed lighting, with finishes varying by unit. Ownership has also invested in the building’s major systems, including new copper plumbing and updated electrical. Together with the extensive interior renovation history, these improvements represent meaningful capital investment in the property and provide a stronger physical foundation for future ownership. Current rents remain below prevailing market levels, providing additional long-term income growth potential. More immediately, the 4 newly renovated vacant units allow an incoming owner to establish market rents on one-third of the property at acquisition. Combined with the substantial improvements already completed throughout the building, 1111 Pine Avenue offers a compelling balance of current condition, near-term lease-up potential and longer-term rental upside.

1111 Pine Avenue, Long Beach

$1,790,000

SR26199198 MLS ⋅ Active Status

We are proud to represent this 7 unit property in North Hollywood. The property was constructed in 1983. Its unit mix consists of (7) 1+1 units. With a lot size of 7,252 square feet, the property has a total of 4,448 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

6003 Craner Avenue, North Hollywood

$1,750,000

AR26198782 MLS ⋅ Active Status

Excellent opportunity to acquire a 7-unit multifamily property located along Eagle Rock Boulevard in the desirable Eagle Rock area of Los Angeles. The property offers an attractive combination of established rental income and long-term investment potential in a highly sought-after residential market. A portion of the property is currently rented for commercial use, providing an additional income component alongside the residential units. Located near neighborhood retail, restaurants, schools, parks, major transportation corridors, and the surrounding communities of Eagle Rock, Highland Park, Glassell Park, and Pasadena. The property's location provides convenient access to major employment centers throughout Northeast Los Angeles and the San Gabriel Valley. A compelling opportunity for investors seeking a stabilized multifamily asset with existing cash flow and potential for future rental and operational upside. Buyer to independently verify all property information, rental income, expenses, zoning, unit count, square footage, and applicable rental regulations.

3301 Eagle Rock Boulevard, Los Angeles

$5,599,000

BB26198714 MLS ⋅ Active Status

11810 W Gilmore St is a fully leased, 2025-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplexes on one lot, 32 rentable bedrooms, 16 parking spaces and a 5.86% cap rate, all located in prime Valley Glen. This rare portfolio consists of six expansive 4-bedroom residences, one highly rentable 5-bedroom and one spacious 3-bedroom. The portfolio generates $418,320 in annual gross income and is offered fully stabilized with established rental history. All units are separately metered for gas and electric and water is submetered for each unit, eliminating any owner utility expenses. These are not typical rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. Positioned at the intersection of Valley Glen and North Hollywood, Gilmore benefits from strong rental demand and convenient access to some of the Valley’s most important entertainment, employment and transit destinations. With its low-maintenance construction, upscale residences and fully stabilized income, the property presents an exceptional turnkey investment opportunity in one of Los Angeles’ most dynamic rental markets.

11810 Gilmore, Los Angeles

$1,875,000

GD26198579 MLS ⋅ Active Status

The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square and Ventura Boulevard. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.

13520 Rye, Sherman Oaks

$3,200,000

SB26197731 MLS ⋅ Active Status

We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

1211 Magnolia Avenue, Long Beach

$1,200,000

SB26197834 MLS ⋅ Active Status

10210 S 10th, Inglewood

$795,000

SR26197707 MLS ⋅ Active Status

FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO PURCHASE (8) 1 BEDROOM, 1 BATHROOM HOMES ON 1 LOT. CLOSE TO THE COLOSSEUM AND UNIVERSITY OF SOUTHERN CALIFORNIA. 7 UNITS ARE VACANT. 1 UNIT OCCUPIED. PROPERTY CURRENTLY IN REAP WITH RECORDED SUBSTANDARDS. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS.

1094 W 39th, Los Angeles

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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.