Los Angeles Homes with Apartment Subtype

Los Angeles Homes with Apartment Subtype

Welcome to Los Angeles County, a vibrant and diverse region that embodies the spirit of California living. Nestled in the heart of the Golden State, Los Angeles County is renowned for its stunning landscapes, cultural richness, and bustling urban life. From the iconic Hollywood sign to the sun-kissed beaches of Santa Monica, there is something for everyone in this sprawling metropolis.

One of the most appealing aspects of Los Angeles County is its variety of housing options, particularly homes with apartment subtypes. Whether you’re a first-time homebuyer, an investor, or looking for a multi-generational living solution, properties with apartment-style layouts offer flexibility and convenience. Imagine owning a charming bungalow with an attached studio unit, perfect for generating rental income or accommodating family members. These homes blend the comforts of residential living with the benefits of rental opportunities, making them a smart choice in the competitive LA market.

The neighborhoods in Los Angeles County are as diverse as its residents. From the artistic vibe of Silver Lake to the upscale allure of Beverly Hills, each area offers unique amenities, schools, and recreational opportunities. Living in a home with an apartment subtype allows you to immerse yourself in this dynamic lifestyle while providing the perfect setting for both relaxation and productivity.

Los Angeles County is not just a place to live; it’s a lifestyle filled with sunshine, culture, and endless opportunities. Explore the possibilities of homes with apartment subtypes and discover how you can make this iconic region your own!

Newest Los Angeles Homes with Apartment Subtype

$3,995,000
AR26168951 MLS Active Status
3324 N Chapman Street presents a prime multifamily investment opportunity in a high-demand Los Angeles rental market. Built in 2022, the property is exempt from both local Los Angeles rent control and statewide AB 1482 (buyers/brokers/agents to verify), providing investors with rare operational flexibility in a supply-constrained housing market. The property offers approximately 32.33% rental upside, allowing new ownership to significantly increase income while enhancing long-term value. The investment is further enhanced by attractive seller financing. The property includes an assumable first loan of approximately $2,200,000 at a 4.5% fixed interest rate through September 2027, and the seller is willing to carry a second position loan with low monthly payments, creating favorable leverage for a new buyer. Additionally, the site provides the potential to develop up to 7 additional units, creating further upside through expansion. The unit mix consists of two spacious 3-bedroom units and six 2-bedroom units. Notably, three of the existing 2-bedroom units were originally designed as 3-bedroom units, and can easily be converted back by adding a wall according to the builder’s original plans—providing a straightforward path to increasing rental income. Ideally located near Glendale, Los Feliz, and Atwater Village, the property benefits from proximity to major employment centers, retail, dining, and entertainment throughout the greater Los Angeles area. This is a rare opportunity to acquire a new construction, low-maintenance apartment community with immediate cash flow and substantial future upside in one of Los Angeles’ most desirable rental corridors.

3324 Chapman, Los Angeles

$4,895,000
SR26167685 MLS Active Status
Canyon Glen Apartments is a 24-unit multifamily property located at 6944-6954 Coldwater Canyon Avenue in North Hollywood, California. The property consists of three separately parceled, two-story apartment buildings constructed between 1959 and 1960, totaling approximately 14,908 square feet on a combined approximately 28,089-square-foot LARD2-zoned site. The unit mix includes twenty-three one-bedroom + one-bathroom units and one two-bedroom + one-bathroom unit. The property has maintained approximately 98% average occupancy and offers a functional residential layout within an established San Fernando Valley neighborhood. Canyon Glen Apartments features landscaped grounds, twenty-five parking spaces, on-site laundry facilities, and a swimming pool. The three-building layout creates a low-density residential setting, with each building situated on its own parcel, resulting in a distinctive three-APN configuration. Electricity is individually metered, while water and gas are master metered. The property also includes laundry facilities and parking for residents. Any future development or accessory dwelling unit potential should be independently verified with the appropriate professionals and governmental agencies. Located in North Hollywood, the property offers convenient proximity to Studio City, Valley Village, Burbank, Van Nuys, Sherman Oaks, and Universal City. Nearby transportation routes include US-101, SR-170, Interstate 5, major surface streets, Metro bus service, and the North Hollywood Metro B Line station, providing convenient connections throughout the San Fernando Valley and greater Los Angeles area. The surrounding neighborhood offers a variety of retail, dining, parks, schools, and entertainment destinations. Nearby attractions include the NoHo Arts District, NoHo West, Universal Studios Hollywood, Westfield Fashion Square, Valley Plaza, and Los Angeles Valley College.

6944 Coldwater Canyon Avenue, North Hollywood

$5,400,000
AR26165942 MLS Active Status
5.57% ACTUAL CAP RATE - Cash-flowing day 1 without needing to upgrade any unit! Year 2 CAP Rate is 6.35% with an annual rent increase. The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The exterior upgrades include a new façade, new exterior paint and signage, new entry gate, completely redone landscaping, updated electrical, and much more! Each unit is large with an excellent layout. One of the 2bedroom unit has a private balcony. The property is separately metered for electricity and gas. The property offers a single level gated parking area with 11 parking spaces. It is serviced by a master water heater and has additional shared laundry room.

1063 Justin Avenue, Glendale

Start Your Search

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.