Park Hills Heights (PHHT) Homes with Multi Family Subtype

Welcome to Park Hills Heights, a vibrant and diverse neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural tapestry and welcoming community spirit, Park Hills Heights is an ideal place for families, professionals, and investors alike. With its close proximity to downtown Los Angeles, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, while still being able to retreat into the tranquility of their own neighborhood.

One of the standout features of Park Hills Heights is its array of multi-family homes, perfect for those seeking both investment opportunities and a sense of community. These properties not only provide the potential for rental income but also foster a neighborly atmosphere where families can thrive. Imagine living in a beautifully designed duplex or triplex, where you can enjoy the benefits of homeownership while having the flexibility to rent out additional units. This makes Park Hills Heights an attractive option for first-time buyers and seasoned investors alike.

The neighborhood is characterized by tree-lined streets, charming parks, and a variety of local amenities that cater to all ages. Residents can partake in community events, explore nearby recreational facilities, or simply enjoy a leisurely stroll through the area. With its rich history and ongoing development, Park Hills Heights is not just a place to live; it's a community to grow in. Whether you’re looking to invest or find your dream home, Park Hills Heights offers a unique blend of opportunity and comfort in the heart of Los Angeles.

Newest Park Hills Heights (PHHT) Homes with Multi Family Subtype

$1,699,900

OC26134374 MLS ⋅ Active Status

Over $16,100 in monthly rental income!!!! Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants and on-site tenant manager.

6821 11th Ave., Los Angeles

$800,000

GD26008179 MLS ⋅ Active Status

Discover an exceptional investment opportunity in a prime Los Angeles location! The property includes HPOZ and LADBS-approved renovation plans, which include upgrades to plumbing, electrical systems as needed, and roofing, as well as renovations of the bathrooms, kitchen, flooring, and interior paint throughout. This historic Craftsman property offers multiple private rooms and five bathrooms, creating a unique residential income opportunity in the heart of the Westlake/Pico-Union area. Located minutes from USC, Downtown Los Angeles, Crypto.com Arena, and Koreatown, the property is well positioned for shared housing, workforce housing, student housing, co-living, or long-term residential occupancy. The home also features an oversized formal living room and dining room with original historic architecture and high ceilings. Additional features include central heating, on-site gated parking area, and a secured perimeter fence. With RD1.5-1-HPOZ zoning, the property presents a unique value-add opportunity for investors. Buyers should verify all permitted uses, zoning, permits, and development potential with the appropriate governmental agencies. This property is ideal for investors seeking immediate value-add potential, long-term appreciation, and multiple residential income strategies.

1324 S Westlake Avenue, 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.