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  • Bell, CA 90201
    $2,800,000
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    Legaspi Commercial is pleased to present for sale the 10-unit apartment property located at 6800 Wilcox Avenue in the City of Bell, California. The unit mix consists of one two-bedroom, one-bath unit and nine one-bedroom, one-bath units. Each unit is separately serviced by its own private garage with individual washer and dryer hookups, a highly desirable amenity that enhances tenant convenience, supports strong tenant retention, and allows for rental upside. The property is currently operating at a 5.82% cap rate, offering stable in-place cash flow with long-term upside potential. The City of Bell is a dense infill Los Angeles County market with strong rental demand due to its central location and proximity to major employment centers and transportation corridors.
    Los Angeles, CA 90026
    $2,800,000
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    We are pleased to present 3361 Hamilton Way, a boutique, architect-designed multifamily offering in the heart of Silver Lake one of Los Angeles' most coveted and supply-constrained rental submarkets. Offered at $2,800,000, the property delivers a 5.62% capitalization rate on current income with upside to 6.32% at stabilization, supported by premium furnished units, institutional-quality finishes, and strong in-place rental fundamentals across a compact four-unit community. The property was comprehensively reimagined in 2022 by Dean Levin of 22RE, a Los Angeles architecture and design studio recognized for its sensitive, design-forward approach to the city's historic residential fabric. Levin, who trained in architecture at Pratt Institute in New York before a twelve-year career as a visual artist exhibited at leading galleries, founded 22RE in 2021 with a specific focus on extending and elevating Los Angeles' Spanish Revival and midcentury modern homes. The studio has been profiled in PINUP Magazine, named Surface Magazine's "Designer of the Day," and has had projects published on ArchDaily and in Wallpaper*. Notable 22RE projects include the expansion of a 1920s Spanish Revival residence in Los Feliz, flagship retail designs for Malbon and Departamento, and the conversion of a former Ed Ruscha studio in Glassell Park. Levin's design philosophy "thickening walls to give them gravity, inserting vaults that feel structural rather than decorative" is evident throughout 3361 Hamilton Way, where original 1933 Spanish Revival bones have been married to modern luxury with a level of craft and intentionality rarely found in multifamily product. The property comprises four residences across two buildings: one (1) one-bedroom-plus-office / one-bath unit and three (3) two-bedroom / two-bath units, totaling 2,930 rentable square feet on a 6,180-square-foot lot. Each residence features open layouts, custom wood cabinetry, contemporary kitchens with premium appliances, rain showers, curated furnishings, and in-unit washer/dryer sets. The property operates as a full-service smart apartment community with a keyless Latch smart-home entry system, individually assigned private garage parking, gated access, and a smoke-free environment. Additional amenities include central air conditioning, high-speed internet, dishwashers, ice makers, and coffee systems a turnkey, hospitality-grade living experience that commands top-of-market rents and attracts long-tenured, high-income renters. Three of the four units are currently occupied at market rents, generating $176,400 in annual gross scheduled rent. The fourth unit a 710-square-foot one-bedroom-plus-office / one-bath residence at 3361 1/4 Hamilton Way is delivered vacant, presenting an immediate owner-occupancy opportunity for a buyer seeking to live in a premier Silver Lake location while collecting rent from three income-producing units, or a lease-up opportunity to stabilize at a projected $4,350 per month. At full occupancy, gross scheduled rent totals $228,600 annually ($4,763 average per unit), with pro forma upside to $250,200 ($5,213 average per unit) upon renewal to market. The property generates $157,366 in net operating income on $60,839 in total operating expenses a 27.9% expense ratio reflecting the efficient, low-maintenance nature of a recently renovated boutique asset. At the offering price, the property trades at $700,000 per unit, $955.63 per square foot, and a 12.19x gross rent multiplier. The property falls within the Los Angeles Rent Stabilization Ordinance (RSO). All units were re-tenanted at market rates following the 2022 renovation, and current rents reflect market positioning for furnished, design-forward product in Silver Lake. RSO provides tenants with occupancy protections that support low turnover and stable cash flow a dynamic that benefits investors targeting durable, long-term income.
    Los Angeles, CA 90025
    $2,800,000
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    We are pleased to present 1519 Armacost Avenue, an 11-unit apartment building located in a prime Westside location of Los Angeles. 1519 Armacost Avenue offers investors the rare opportunity to acquire a professionally managed, low-maintenance multifamily asset in one of the most desirable rental submarkets on the Westside. Offered for the first time in decades, the property reflects long-term ownership, pride of management, and stable operations. Built in 1959, the property features a well-balanced and highly functional unit mix consisting of five bachelor units, five one-bedroom / one-bath units, and one two-bedroom / two-bath unit, appealing to a broad West Los Angeles renter demographic. The building is separately metered for gas and electricity, enhancing operational efficiency and limiting owner expense exposure. The property offers on-site parking and a dedicated on-site laundry room, both valuable amenities in this centrally located Westside setting. Residents enjoy a walkable lifestyle with close proximity to high-end dining, retail, and nightlife, reinforcing consistent rental demand.With current rents below market, the property presents significant rental upside through turnover and interior renovations. Additionally, the site offers potential ADU expansion opportunities (Buyer to verify), providing future flexibility and optionality for the next owner. This offering represents a compelling opportunity to acquire a stable Westside asset with long-term income growth and upside potential.
    Los Angeles, CA 90016
    $2,800,000
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    *Beautifully renovated apartment community - 8 units *86 Walk Score "Very Walkable" Location: Walk to CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library *Value-Add: Approximately $200/unit/month in proven rental upside; 5.5% Cap Rate; 5.9% Market Cap Rate *Prime Baldwin Hills Neighborhood provides easy access to Downtown Culver City and Downtown Los Angeles; Minutes to trendy neighborhood restaurants *Less than one-half mile to the Metro Expo "E" Line Expo/La Brea Station *Strong Demographics: Average household income over $144.8K and average housing value over $1.57 million (three-mile radius) *See Agent Remarks for website
    Los Angeles, CA 90011
    $2,800,000
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    Despite being constructed in 1970, the property is priced at only $178 per square foot and $140,000 per unit, which are attractive values, even when compared to far older properties that have sold in the immediate area. A new owner can capitalize on the upgraded electrical system, which could potentially reduce both energy and insurance costs. The property occupies a double lot and includes a large parking area capable of holding 22 vehicles. This rare amenity, coupled with the building's convenient access to nearby shopping and dining destinations (Walk Score of 89), helps to attract higher-paying tenants to the property. A new owner can take advantage of these factors as they add value by recapturing the approximately 54% rent upside that the asset offers. Situated near LA Live, the Crypto.com Arena, the Los Angeles Coliseum, and the Los Angeles Convention Center, the property is adjacent to several 2028 Summer Olympics venues. Therefore, it stands to potentially benefit from upcoming infrastructure improvements and an influx of capital to the immediate area, all to the benefit of a new owner.
    Los Angeles, CA 90057
    $2,800,000
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    **INDIVIDUALLY METERED:** Tenants pay their own electricity, reducing owner operating expenses.**CLOSE PROXIMITY TO 2028 OLYMPIC VENUES:** Located in close proximity to major venues in the "Downtown Sports Park" for the 2028 Summer Olympics in Los Angeles. Venues include the LA Coliseum, Crypto.com Arena, & BMO Stadium.**UNIQUE CHARACTER ASSET:** Distinctive architectural character with timeless appeal.**ATTRACTIVE BASIS:** Priced at $100,000/unit with a 7.10 GRM, offering investors a compelling entry point.**VALUE-ADD POTENTIAL:** 22% rental upside remaining through interior renovations.**LONG TERM OWNERSHIP:** Same ownership for 20+ years a rare acquisition opportunity.**DENSE INFILL LOCATION CENTRAL TO ENTERTAINMENT AND NIGHTLIFE:** Situated near Koreatown and Downtown Los Angeles, offering renters convenient access to entertainment and nightlife.
    Palm Desert, CA 92260
    $2,800,000
    3589
    sqft
    5
    Baths
    3
    Beds
    Rare Opportunity in Prestigious Cahuilla Hills! Nestled in one of the desert’s most exclusive enclaves, this impressive estate sits proudly on a sprawling one-acre corner lot (43,560 sq. ft.) offering unmatched privacy, space, and breathtaking mountain vistas. A gated circular driveway and elegant staircase entry create a dramatic first impression, while a second driveway provides easy access to the attached three-car garage. The expansive grounds are thoughtfully designed with lush desert landscaping, olive trees, cypress, retaining wall and irrigation system, blending natural beauty with ease of maintenance. Step through the double-door entry into a formal entry with a Grand Chandelier; leading to the living room filled with natural light, featuring vaulted ceilings, a cozy fireplace, and large windows framing serene mountain views. The adjoining formal dining room offers an ideal setting for hosting gatherings. The spacious kitchen includes a breakfast bar and seamlessly opens to the inviting family room, complete with two sets of sliding glass doors leading to the wrap-around covered patio - perfect for entertaining or enjoying the desert sunsets. A main-level bedroom and full bath provide convenience and flexibility for guests or multi-generational living. Upstairs, the primary suite is a true retreat, boasting a private balcony with panoramic mountain views, a large ensuite bath, and ample closet space. The upper level also features a third bedroom with full bath and an impressive game room with wet bar, 1/2 bath and recently renovated wrap-around deck offering even more sweeping views of the mountains and valley. BONUS ROOM CAN BE CONVERTED TO A 4TH BEDROOM AND/OR 2ND PRIMARY. Newer lower level A/C and brand new upper level A/C, new ducts, new roofing over back patio verandas, new carpet in primary and main floor bedrooms, new interior paint and new electric water heater. The expansive lot offers endless potential - add a pool, spa, Casita, putting green, and/or outdoor kitchen to create your ultimate desert sanctuary. Located just minutes from hiking trails, the world class Shops at El Paseo, fine dining and the renowned Bighorn Golf Club, this property presents an unparalleled opportunity to craft the home of your dreams in one of Palm Desert’s most coveted neighborhoods.
    Corona, CA 92882
    $2,800,000
    4618
    sqft
    4
    Baths
    6
    Beds
    This exquisite Spanish Colonial home is a true showstopper. From the moment you arrive, the fully upgraded front yard beautifully hardscaped with elegant tilework and an automatic gate sets the tone for the sophistication inside. This home blends timeless charm with modern luxury. The chef's kitchen features custom cabinetry, a built-in Sub-Zero refrigerator, Viking range with double ovens, warming drawer, microwave, and farmhouse sink. A walk-in pantry with an automatic light and magnetic chalkboard door adds both style and function.Nearly every room opens to the lush backyard with pool, spa, orchard, and scenic hill views, creating the perfect setting for indoor-outdoor living and effortless entertaining.Additional highlights include a fully owned solar system no lease payments and numerous thoughtful upgrades throughout. Welcome home to your private oasis of beauty, comfort, and sustainability.
    Chatsworth, CA 91311
    $2,800,000
    5022
    sqft
    6
    Baths
    5
    Beds
    Developers/Contractors.....Incredible development opportunity on one of the last remaining 2.6+ acre gated estates in Chatsworth. Full architectural plans and drawings are available to convert the existing "Carriage House" into a 2-bed, 2-bath, 1,200 sq ft ADU and add over 300 sq ft to the main home (permits from 2019 have expired). Whether you're looking to renovate, expand, or explore lot split potential (buyer to verify), this property offers unmatched flexibility. The main residence is ready for cosmetic updates, while the second structure—with its own address—presents an ideal rebuild opportunity. Designed by renowned architect Robert Byrd, the original home retains signature character and charm. Existing amenities include a lighted tennis/pickleball/basketball court, pool, three storage sheds, and a detached garage with a workshop. Nestled among mature oak trees, the grounds offer beauty, shade, and total privacy. Property profile designates use as a duplex. Endless potential for investors, builders, or end-users looking to create a custom compound or private estate. Water and Power are back on as of Aug 13th

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