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$1,899,000

240 Pacific Ave

Carlsbad, CA 92008

AREA SQFT

2,402

BEDROOMS

BATHROOMS

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$2,100,000

11100 Camarillo

West Toluca Lake, CA 91602

AREA SQFT

BEDROOMS

BATHROOMS

View Property This opportunity is an 8-unit multifamily investment opportunity located in a prime West Toluca Lake / North Hollywood neighborhood, one of the San Fernando Valley’s most desirable and supply-constrained rental markets. Built in 1962, the property consists of approximately 7,236 square feet of improvements situated on a 7,500 square foot LAR3-zoned parcel, offering both strong in-place income and future upside potential. The unit mix includes five one-bedroom units, two two-bedroom/two-bath units, and one spacious three-bedroom/two-bath unit, providing an attractive diversity of layouts that appeal to a wide tenant base. The building has been improved over time, featuring a roof replacement completed in 2024, upgraded copper plumbing, and completed Soft-Story seismic retrofit. In addition, the property is not subject to SB 721 balcony inspection requirements, reducing future capital expenditure concerns. A shared on-site laundry room provides additional tenant convenience and supplemental income potential. Offered for sale for the first time in more than 50 years, this generational asset presents a unique opportunity to acquire a well-located apartment building with strong fundamentals, operational simplicity, and long-term growth potential. The property is ideally positioned near the border of North Hollywood and Toluca Lake, two highly sought-after rental submarkets known for strong tenant demand, walkability, and proximity to major employment centers. The location benefits from convenient access to the NoHo Arts District, Universal Studios, Studio City, Burbank Media District, and major entertainment and production hubs that continue to drive housing demand. Residents enjoy close proximity to restaurants, cafes, retail amenities, and entertainment venues along Lankershim Boulevard and Riverside Drive, as well as easy access to the Metro Red Line, Hollywood Freeway (101), Ventura Freeway (134), and Interstate 5, providing seamless connectivity throughout Los Angeles. The surrounding area attracts professionals working in entertainment, media, healthcare, and technology sectors, supporting long-term rental stability and consistent occupancy levels. With ongoing neighborhood revitalization and continued investment throughout North Hollywood, the location remains one of the Valley’s most dynamic and growth-oriented multifamily markets.

$1,200,000

709 Magnolia

Monrovia, CA 91016

AREA SQFT

BEDROOMS

BATHROOMS

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$1,250,000

2814 Idell

Los Angeles, CA 90065

AREA SQFT

BEDROOMS

BATHROOMS

View Property Behind the gates at 2814 + 2816 Idell Street sits the kind of Cypress Park property buyers search for and rarely find: two detached, fully remodeled, fully permitted homes on one lot, configured as a legal duplex on an LARD2 lot. This is the sweet spot between single family charm and multifamily upside, offering the flexibility today's buyers want most whether that means living in one and renting the other, creating space for multi generational living, securing a turnkey income property, or holding a Los Angeles investment property with long term potential. Even better, there is no rental history, giving the next owner a clean slate to set the strategy, choose the tenant profile, and maximize the opportunity from day one. The front home, 2814 Idell, is a beautifully reworked 3 bedroom, 1 bathroom Craftsman that still knows exactly what made it special in the first place. Refinished original hardwood floors, abundant natural light, and a fireplace with period character give the home soul, while the updated shaker kitchen with quartz countertops brings a crisp, current finish that buyers love. Just beyond, 2816 Idell is a detached 1 bedroom, 1 bathroom second home with its own kitchen, bath, and living space, ready to function as a rental unit, guest house, private office, or independent residence for extended family. Both homes have been extensively upgraded with the kind of improvements that matter: new roof, copper plumbing, dual pane windows, high efficiency HVAC, 200 amp dual meter electrical, and fresh interior and exterior paint. This is the rare listing that delivers both emotional appeal and practical value. And then there is the location. Cypress Park has become one of the most closely watched neighborhoods in Northeast Los Angeles, drawing buyers looking for community, convenience, and upside. From here, you are moments from Loquat Coffee, Golden Poppy Market, and Shin's Pizza, with quick access to Highland Park, Eagle Rock, Atwater Village, Downtown LA, the LA River bike path, and major freeways. For buyers searching terms like duplex for sale Los Angeles, two homes on one lot, Cypress Park income property, multifamily investment, house hack opportunity, or remodeled Craftsman with guest house, 2814 + 2816 Idell Street checks every box. A full permit and report package is available, along with two appraisals on file, including one at $1,290,000.

$2,595,000