1216 W COURT Street

Los Angeles , CA 90026

MLS#: 15963795

$2,075,000

Status: Closed
Listing number: 15963795
Listing provided by: CB Richard Ellis, Inc.
Listing agent phone: None
Last update: 2 years ago
On site: 10 years ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

N/A

Turn-key 20-unit multifamily investment in burgeoning City West location. The property is comprised of 20 stabilized studio apartments just around the corner from the award-winning Roybal Learning Center (LAUSD) completed in 2008. This is a completely turn-key, easy-to-manage opportunity priced below similar market comps and with significant upside. Please contact listing agent for complete details. City West is one of the most exciting areas of Los Angeles with rampant redevelopment and investment by some of the industry' s best and brightest happening now. Bounded by Downtown Los Angeles to the east, Angelino Heights to the north and Westlake to the west/south, City West stands in the path of progress for the swelling population and broadening development of multiple bordering sub-markets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1674

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,075,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Adam Peterson , CB Richard Ellis, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turn-key 20-unit multifamily investment in burgeoning City West location. The property is comprised of 20 stabilized studio apartments just around the corner from the award-winning Roybal Learning Center (LAUSD) completed in 2008. This is a completely turn-key, easy-to-manage opportunity priced below similar market comps and with significant upside. Please contact listing agent for complete details. City West is one of the most exciting areas of Los Angeles with rampant redevelopment and investment by some of the industry' s best and brightest happening now. Bounded by Downtown Los Angeles to the east, Angelino Heights to the north and Westlake to the west/south, City West stands in the path of progress for the swelling population and broadening development of multiple bordering sub-markets.

1216 W COURT Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
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. Low vacancy rate, great rental amounts with additional room for upside. Very low maintenance and friendly/cooperative tenants.
#OC25279524

Los Angeles

6821 11th Ave.

None Beds

None Baths

5,580 Sq.Ft.

$1,699,900

MLS#: OC25279524

The ultimate 4- unit investment opportunity in Los Angeles just hit the market. Imagine the possibilities you have with this wealth building dream property featuring four spacious 3-bedroom / 3-bathroom Townhome Style units with approximately 4,620 SF of living area (carports excluded), plus 10 total parking spaces with 8 of them being covered carport parking spaces. One unit is currently leased at $3,250/month, with three units delivered vacant, ideal for buyers seeking immediate market-rent placement or an owner-occupant opportunity. Optimization is the key-word to describe this property, each unit includes central A/C and heat, walk-in showers, and high-quality contemporary finishes throughout. This is a set it and forget it turnkey investment. Additional highlights include paid-off solar and separately metered gas, water and electric, helping reduce operating expenses, simplify management, and increase your cash flow. As new construction, the property is not subject to rent control, offering long-term flexibility and control for owners. The possibilities are almost endless with this rare turnkey multifamily opportunity with low-maintenance systems, high quality construction, strong tenant appeal, and potential for additional ADU's for extra cash flow.
#25629733

Los Angeles

1120 W 110th Street

12 Beds

None Baths

4,620 Sq.Ft.

$1,875,000

MLS#: 25629733

Prime Westwood investment opportunity just minutes from UCLA, Westwood Village, restaurants, shopping, and major transit. This well-located four-unit property features three front 2-bed/1-bath units, including one with a large private outdoor deck, ideal for premium rent potential. A detached 1-bed/1-bath unit sits at the rear, offering added privacy and strong demand from UCLA students, staff, and medical professionals. The property includes four garage spaces plus three additional surface parking spots, rare for the area and highly desirable for tenants. Excellent rental upside, stable demand, and an unbeatable central Westwood location. Great for investors seeking long-term value, strong occupancy, and consistent returns.
#25625143

Los Angeles

10767 Massachusetts Avenue

7 Beds

None Baths

3,422 Sq.Ft.

$1,995,000

MLS#: 25625143

Turnkey, fully vacant, and beautifully remodeled Spanish Colonial Revival four-plex in the highly sought-after Vermont Knolls neighborhood. Each expansive two-bedroom residence spans nearly 1,000 square feet and has been thoughtfully upgraded throughout, featuring open-concept kitchens with stainless steel appliances and quartz countertops, modern bathrooms, in-unit laundry, tankless water heaters, wood flooring, generous closet space, and soaring nine-foot ceilings. Every unit includes its own private garage. The property is centered around a charming, gated courtyard with secure access and benefits from fully upgraded copper plumbing throughout. This is an ideal opportunity for an owner-occupant to live in one unit while renting the others, with projected rents of approximately $3,000 per unit per month - potentially offsetting the entire mortgage and operating expenses. Investors will also appreciate the additional upside through the ability to add up to four ADUs in the rear yard area, subject to approvals. The property also presents an excellent investment opportunity, as it can be leased immediately in its current condition and operate at an outstanding 6% cap rate. Located just one block from the brand-new Evermont Development, home to South LA Caf, a Metro transit plaza, and Seed LA STEM college preparatory school. The property is also conveniently situated minutes from SoFi Stadium, The Forum, SpaceX, USC, LAX, and Downtown Los Angeles.
#25628607

Los Angeles

8018 S New Hampshire Avenue

8 Beds

None Baths

3,906 Sq.Ft.

$1,695,000

MLS#: 25628607

3301 Obama Blvd is a highly desirable turnkey multifamily opportunity in one of Los Angeles’ most dynamic and rapidly evolving submarkets—Leimert Park. NEW BUILD 2025! The six-unit property benefits from its prime location amid significant neighborhood reinvestment, cultural resurgence, and expanding transit connectivity. The offering features an attractive mix of spacious one-, two-, and three-bedroom floor plans, appealing to a wide renter base and supporting durable occupancy. demand. Five new construction units are exempt from rent control, while the original single-family dwelling has been completely renovated, delivering a compelling mix of modern design, stability, and operational upside. Building systems and utility structures further enhance the long-term performance. Individually metered utilities, MiniSplit systems, and dedicated water heaters reduce owner costs and improve tenant retention, while solar panels on the rear duplix provide additional efficiency and sustainability benefits. Newly completed exterior upgrades include thoughtfully designed and low maintenance landscaping with modern pavers and drought-tolerant native plantings, enhancing both aesthetic appeal and curb presence. Strategically located just a 6-minute walk from the Metro E-Line—linking Santa Monica and Downtown Los Angeles—and the Crenshaw Line providing direct access to LAX, the property offers exceptional transit access and lifestyle convenience. Offered at a competitive 7.30% cap rate and 9.82 GRM on existing rents, 3301 Obama Blvd provides an exceptional opportunity to acquire a turnkey asset with income certainty and long-term upside within one of Los Angeles’ most closely watched growth corridors.
#PW25276031

Los Angeles

3301 Obama

None Beds

None Baths

5,195 Sq.Ft.

$2,100,000

MLS#: PW25276031

DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS - DRIVE BY ONLY. We are pleased to present for sale this rare 9 Unit Mid-Century investment opportunity located in one of Los Angeles' most sought-after and vibrant neighborhoods Silver Lake. Delivered 67% vacant, with SIX out of NINE units available, this is an exceptional opportunity for an investor to renovate, reposition, and reimagine the property as a rare, striking Mid-Century Modern asset. Built in 1965, the property features an attractive unit mix consisting of (7) 1 Bedroom & 1 Bathroom Units, and (2) 2 Bedroom & 1 Bathroom Units. The building totals approximately 6,358 square feet and sits on a 7,966 square foot lot. It is well parked, providing 9 on-site parking spaces (per the CofO Buyer to Verify). Zoned R2-1VL, the property is poised for an astute investor to pursue a full renovation of the interior and exterior of the vacant units and add Accessory Dwelling Units(Buyer to Verify Feasibility). Note: Soft Story Retrofit work has NOT been completed. Strategically positioned in the vibrant core of Silver Lake with a walk score of 93 ("Walker's Paradise"), tenants will enjoy close proximity to premier retail corridors on Sunset Blvd, as well as convenient access to Hollywood & Los Feliz. Disclosure: Buyer to conduct their own due diligence, including but not limited to verification of building square footage, lot size, legal bedroom and bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story compliance status, REAP Status, and the ability to construct ADUs or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Montebello, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually.
#25628533

Los Angeles

1651 Golden Gate Avenue

11 Beds

None Baths

6,358 Sq.Ft.

$1,988,888

MLS#: 25628533

A rare opportunity in Hancock Park / Miracle Mile, this grand Mediterranean duplex offers nearly 4,700 sq ft of beautifully maintained living space across two expansive 3-bed, 3-bath residences - each delivering the scale and feel of a private single-family home. The remodeled lower unit (approx. 2,200+ sq ft) features stainless steel appliances, private laundry with high-end machines, central AC/heat, ceiling fans, hardwood floors, a gas fireplace, oversized windows, formal dining room, breakfast room, and a private furnished patio. The sun-filled renovated upper unit (approx. 2,300+ sq ft) showcases stunning Spanish-Modern character with hardwood floors, recessed lighting, French windows, stained-glass accents, a living room fireplace, custom built-ins, and an updated gourmet kitchen with a grand dining room and office/den. Both units offer abundant natural light, quality craftsmanship, modern systems, EV chargers for each unit, and access to a 2-car garage. The property is fully occupied with month-to-month tenancy, generating $5,300/month from the upper unit and $4,400/month from the lower unit - providing strong in-place income with flexibility for an owner-user or investor. Offered at $2,095,000, the property reflects an approximate 18 GRM and ~5.56% gross cap rate based on current income, consistent with typical Hancock Park / Miracle Mile duplex performance. With rare architectural character, walkability, upside potential in future rents, and a meticulously maintained owner-occupied condition, this is an exceptional opportunity in a prime central Los Angeles location. Financial metrics are based on current gross income only; operating expenses not included. Buyer to independently verify all information. Showings allowed with accepted offer only. Do not disturb tenants.
#25628457

Los Angeles

4761 W 12th Street

6 Beds

None Baths

4,679 Sq.Ft.

$2,095,000

MLS#: 25628457

321 N Sierra Bonita Ave, a charming four-unit apartment building located in the highly desirable Fairfax District of Los Angeles. Built in 1941, the property features (4) two-bedroom + one-bathroom units, totaling 5,218 square feet on a6,499-square-foot lot.Situated in the heart of the vibrant Fairfax District, 321 N Sierra Bonita Ave offers residents the perfect blend of historic character and central city convenience. The neighborhood is celebrated for its tree-lined streets, classic architecture, and culturally rich, energetic atmosphere, all just minutes from some of Los Angeles' most iconic destinations.Residents benefit from easy access to Beverly Hills, Miracle Mile, and Mid-City, along with the shops, restaurants, and cultural institutions that define the Fairfax District. With its walkable location, strong connectivity, and timeless architectural appeal, the property stands out as a highly desirable rental opportunity in one of Los Angeles' most dynamic neighborhoods.321 N Sierra Bonita Ave also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of 4.48%, with the potential to reach a 5.31% CAP rate upon unit turnover.
#25628273

Los Angeles

321 N Sierra Bonita Avenue

8 Beds

None Baths

5,218 Sq.Ft.

$2,050,000

MLS#: 25628273

BRAND NEW 2025 CONSTRUCTION! Welcome to this exceptional newly built single-family residence with a detached ADU, offering incredible flexibility and income potential. Ideal for owner-users or investors—live in one and rent the other, or rent both for maximum return. The main home features 4 bedrooms and 2 bathrooms, while the ADU offers 3 bedrooms and 2 bathrooms, each with modern layouts, contemporary finishes, and thoughtful design throughout. Enjoy brand-new systems, kitchens, baths, flooring, windows, and roof, providing low maintenance and peace of mind for years to come. Situated on a generous lot with up to 8 parking spaces, a rare find in this area. Conveniently located near shopping, dining, major freeways, and all that Los Angeles has to offer. This is a turn-key, income-producing property that checks every box—don’t miss this outstanding opportunity!Located in the heart of West Adams / Mid-City Los Angeles, this property sits in one of LA’s most dynamic and centrally accessible neighborhoods. Residents enjoy quick access to major job centers, vibrant dining and shopping corridors, and easy freeway and transit connections to Downtown, Culver City, Beverly Hills, and the Westside. The area’s central location and walkability are major draws for both homeowners and renters alike.
#DW25275558

Los Angeles

2706 S Cochran

None Beds

None Baths

2,287 Sq.Ft.

$1,695,000

MLS#: DW25275558

First time in the market, lots of potential. Across from Loyola High school. Upcoming neighborhood LAR3 zoning. Excellent investment opportunity with huge potential growth. Mid City area of LA has been growing and developing. Property has been well maintained.
#RS25274951

Los Angeles

1424 S Catalina

None Beds

None Baths

5,294 Sq.Ft.

$1,675,000

MLS#: RS25274951

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service