Mid-Wilshire (C17) Real Estate

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Newest Listings in Mid-Wilshire (C17)

1055 S Serrano Avenue Unit 403, Los Angeles

$729,000

2 Beds ⋅ 2 Baths ⋅ TR26237960 MLS ⋅ Active Status

Bright and spacious southeast corner residence in a newer Koreatown building, offering abundant natural light, high ceilings, and a desirable open concept floor plan. The corner orientation is enhanced by expansive east facing windows that bring in generous morning light and create a bright, airy feel throughout the main living spaces. Eastern and southeastern exposures, large windows, and high ceilings work together to give the home an open and welcoming atmosphere. The living, dining, and kitchen areas flow seamlessly together, making the space comfortable for both everyday living and entertaining. Additional conveniences include two tandem parking spaces, a dedicated storage space, low HOA dues, and access to the building’s fitness center. Ideally situated in the heart of Koreatown’s Wilshire Center, the home offers easy access to popular Korean markets, restaurants, cafes, and everyday shopping, while also providing convenient connections to Downtown Los Angeles, Mid Wilshire, and surrounding neighborhoods. A wonderful opportunity for buyers seeking a newer condominium with excellent natural light, generous windows, high ceilings, practical storage, convenient parking, and a central Los Angeles location.

1055 S Serrano Avenue Unit 403, Los Angeles

$1,395,000

5 Beds ⋅ 4 Baths ⋅ SR26237800 MLS ⋅ Active Status

$25,000 SELLER INCENTIVE: (1) USE IT TO LOWER YOUR INTEREST RATE (2) REDUCE YOUR CLOSING COSTS OR (3) MAKE QUALIFYING EASIER!!! Welcome to this spectacular newly built single-family residence, designed for modern city living. Highlighted with its open-concept living space, loads of natural light, a sleek chef’s kitchen with center island, custom cabinetry, refined finishes, and stainless-steel appliances. The thoughtful floor plan includes a first-floor bedroom and four additional well-proportioned bedrooms, one of which is a spacious primary suite with spa styled bath and spectacular views of the Hollywood Hills. This elegant residence offers generous spaces ideal for entertaining and everyday living and is crowned by a private “party-worthy” rooftop garden, delivering panoramic city views, iconic sightlines of the downtown skyline, Hollywood Sign, Griffith Observatory, and unforgettable sunset vistas stretching toward Century City. A gated driveway leads you to a private two-car garage. Perfectly positioned in a central, connected location near Larchmont Village, Hollywood, Koreatown, and Downtown Los Angeles, The Heights at Serrano places the best of LA right at your doorstep. This is a rare opportunity to elevate your lifestyle-where design, views, and location converge.

542 N Serrano Avenue, Los Angeles

$1,250,000

3 Beds ⋅ 2 Baths ⋅ TR26237669 MLS ⋅ Active Status

GREAT PROPERTY INVESTORS DELIGHT, TWO HOUSES ON A LOT, FRONT HOUSE 3 BEDROOM AND 2 BATHROOMS, THE HOUSE IN THE BACK IS 1 BEDROOM 1 BATHROOM. NCE COMMUNITY IN THE KOREAN TOWN AND FILIPINO TOWN, FRONT HOUSE NEEDS A LOT OF FIXING THE HOUSE IN THE BACK IS IN GOOD CONDITON.CLOSE TO EVERYTHING. GOOD AREA.

334 N OCCIDENTAL Boulevard, 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

$2,800,000

14 Beds ⋅ 13 Baths ⋅ 26106231 MLS ⋅ Active Status

Marcus & Millichap is exclusively offering 517 N Harvard Blvd, a nine-unit apartment building built in 2018 on the Koreatown East Hollywood border in Los Angeles (90004), at $2,800,000. The three-story, 6,929 SF building sits on a 7,505 SF LAR3 lot. It has five one-bedroom, three two-bedroom and one three-bedroom units, 14 bedrooms in all, plus covered tuck-under parking and gated entries. Because it's newer construction, the property isn't subject to the Los Angeles Rent Stabilization Ordinance (RSO), which gives an owner more flexibility on rents and turnover. Interiors feature high ceilings with clerestory windows, hard-surface flooring, shaker cabinetry and stainless steel appliances, and select units have loft bedrooms and in-unit stacked washer/dryers. The building is 100% occupied at $23,990 per month ($287,880 a year), with four units under Section 8 contracts. Electric and gas are separately metered and paid by tenants, and the seller is setting up a RUBS program to recover 80% of water and trash costs, adding about $8,194 a year. The location has a Walk Score of 87 and is about 0.8 miles from the Vermont/Beverly Metro B Line station and 0.9 miles from LA City College. Kaiser Permanente and Children's Hospital Los Angeles are both within about 1.5 miles.

517 N Harvard Boulevard, Los Angeles

$1,375,000

11 Beds ⋅ 6 Baths ⋅ 26106216 MLS ⋅ Active Status

Marcus & Millichap is exclusively offering 508 N Ardmore Ave, a five-unit investment property on the border of Koreatown and East Hollywood in Los Angeles, at $1,375,000. Built in 1916 on an 8,247 SF LAR3 lot, it has two buildings totaling 4,103 gross SF and 11 bedrooms: a 1,580 SF three-bedroom, two-bath Craftsman front house and a rear building with four two-bedroom, one-bath apartments. The property sits where Koreatown, East Hollywood and Wilshire Center meet. It has a Walk Score of 87 and a Transit Score of 65, and is about 0.6 miles from both the Vermont/Beverly Metro B Line station and LA City College. Kaiser Permanente, Children's Hospital Los Angeles and Hollywood Presbyterian are all within about 1.4 miles, drawing a deep, employed renter base. Residents are close to the dining, retail and nightlife of Beverly Boulevard, Vermont Avenue and Melrose, as well as Thai Town and Koreatown.

508 N Ardmore Avenue, Los Angeles

$1,299,500

5 Beds ⋅ 5 Baths ⋅ 26106081 MLS ⋅ Active Status

A rare and versatile investment opportunity in a vibrant and rapidly growing LA neighborhood. The property features a meticulously remodeled main unit with 2 bedrooms plus a den, offering an open-concept layout, laminate flooring, and recessed lighting. With the main unit delivered vacant, it presents a fantastic opportunity for an owner-user to move right in or for an investor to command top-dollar current market rent. Additional highlights include a private front yard, three dedicated parking spaces, plus a separate backyard storage space and an additional room ideal for an office.Zoned [R3], this property offers tremendous high-density development potential for future appreciation, making it an ideal choice for investors and developers.Conveniently located near DTLA, Silver Lake, and Echo Park, with easy access to dining, and transit. A unique blend of immediate rental appeal and long-term upsidedon't miss this opportunity!(Note: Photos were taken previously and may differ from current conditions.)

185 S Virgil Avenue, Los Angeles

$1,200,000

GD26236164 MLS ⋅ Active Status

We are pleased to present 209–211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility. With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.

211 N Serrano, Los Angeles

$3,795,000

24 Beds ⋅ 24 Baths ⋅ 26106043 MLS ⋅ Active Status

SEE OM in DOCS section of the listing. We as the exclusive listing agent, are pleased to present the opportunity to acquire 311 S New Hampshire Ave., a sixteen-unit multifamily investment property located in the Koreatown neighborhood of Los Angeles. Investors have the opportunity to buy a stabilized investment with only two vacant units that are rent-ready for lease up. Because the building was constructed in 1989, the property is exempt from the Los Angeles Rent Stabilization Ordinance and is governed instead by the statewide cap under AB 1482. Property Description: 311 S New Hampshire Ave. is a sixteen-unit multifamily property located in the Koreatown neighborhood of Los Angeles, near 3rd Street and Vermont Avenue. Built in 1989, the property is arranged as a single 11,792 square-foot building on a 9,015 square-foot LAC2-zoned lot. UNIT DETAILS Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet and storage space. Many of the units feature vaulted ceilings and have updated kitchens, bathrooms and flooring. Due to ample available space, investors can explore the possibility of adding washer/dryers in each unit. COMMON AREA DETAILS The property has secured gated access with an intercom system. There is a laundry room on site for tenant use. All units are separately metered for electricity and gas and have their own individual water heaters and the landlord pays for water and trash. Gated access parking at street level is provided on site and is more than adequate for the number of units. Chargie EV chargers are also available in the parking area as an attractive amenity for tenants. Investment Highlights: EXEMPT FROM THE LA RSO 1989 construction places the property under CA State AB 1482 currently allowing more favorable 8.7% annual increases HIGH IN-PLACE CAP RATE 7.14% cap rate upon lease up of vacant rent-ready units 103 and 202 at market rents BALANCED UNIT MIX Eight 1Bed+1Bath and eight 2Bed+2Bath units averaging 737square feet across 11,792 square feet of building area. ADDITIONAL INCOME STREAMS Parking, laundry and RUBS income add an estimated $45,880 per year to rental income. SUPERIOR IN-PLACE RETURN TO COMPARABLES The offering prices to a 7.14%in-place cap and 8.75 GRM against a comparable average of 5.66% and 11.12, and to$237,188 per unit against a $255,516 average. RENTAL UPSIDE In-place rents sit $4,087 per month, or 12.6%, below market, supporting an 8.04% pro forma cap rate. PRIME KOREATOWN LOCATION Near 3rd Street and Vermont Avenue, minutes from the Wilshire Boulevard corridor, the Metro B and D Lines at Wilshire/Vermont and Downtown Los Angeles.

311 S New Hampshire Avenue, Los Angeles

$650,000

2 Beds ⋅ 2 Baths ⋅ 26105955 MLS ⋅ Active Status

Spacious, sun-drenched 1,201 sq. ft. condo featuring high ceilings and a bright, open living room. The generous primary suite offers a large walk-in closet and a private en-suite bath. Additional generous second bedroom and full bath. Elegantly appointed with classic hardwood flooring, in-unit washer/dryer, and a modern kitchen with stainless steel appliances, granite countertops, breakfast nook, and sleek cabinetry. Enjoy secured, gated garage parking with ample guest spaces. Building amenities include a fitness center, dual elevators, and a recreation room. Prime location blocks from Wilshire/Olympic, offering easy access to Metro, banks, restaurants, markets, and entertainment. A rare opportunity in a vibrant, convenient neighborhood!

848 Irolo Street Unit 406, Los Angeles

$5,095,000

18 Beds ⋅ 18 Baths ⋅ 26105933 MLS ⋅ Active Status

3rd Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 8% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry, countertops, vanities, and fixtures. The property offers strong curb appeal with fresh exterior paint and professional landscaping, creating an inviting tenant experience. Located in the highly desirable Koreatown and Wilshire Center submarkets, the asset benefits from close proximity to Larchmont Village, Hollywood, and Downtown Los Angeles, as well as excellent walkability to dining, entertainment, and cultural amenities. With its prime location and strong income profile, 4203 Council Street represents an ideal investment for buyers seeking immediate cash flow and long-term appreciation.

4203 Council Street, Los Angeles

$6,795,000

18 Beds ⋅ 24 Baths ⋅ 26105498 MLS ⋅ Active Status

641 N Hobart Blvd is a 16-unit apartment building completed in 2023 in Melrose Hill, one block south of Melrose Ave. The four-story building has an elevator, a gated 19-space subterranean garage and a rooftop deck with Hollywood Hills views. Units feature in-unit washer/dryers, central A/C, quartz counters, stainless appliances and vinyl plank flooring. The unit mix is 1 bachelor, 1 studio, 10 one-bedrooms (including 1 affordable unit) and 4 two-bed / 2-bath townhomes. Residents reimburse utilities through RUBS and submetering. The buildings in-place rents are below current new-construction comps, which leaves room to grow income as leases turn. Gross building area is 16,035 SF on a 7,505 SF LAR3 lot.

641 N Hobart Boulevard, 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.

Mid-Wilshire (C17) Real Estate

Newest Listings in Mid-Wilshire (C17)

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