Metropolitan (C23) Homes with Mixed Use Subtype

Metropolitan (C23) Homes with Mixed Use Subtype

Welcome to the vibrant heart of Los Angeles, where the Metropolitan (C23) region offers a unique blend of urban sophistication and suburban charm. Nestled within the bustling city, this area is renowned for its eclectic mix of residential and commercial spaces, making it an ideal location for those seeking a dynamic lifestyle.

Los Angeles County is a melting pot of cultures, and the Metropolitan region is no exception. Here, you'll find a diverse array of neighborhoods, each boasting its own character and charm. From trendy cafes and boutique shops to art galleries and parks, the area is brimming with opportunities for exploration and enjoyment. The accessibility to public transportation and major highways ensures that you're never far from the excitement that Los Angeles has to offer.

One of the standout features of the Metropolitan region is the availability of homes with a mixed-use subtype. These properties seamlessly blend residential living with commercial opportunities, allowing homeowners to enjoy the convenience of having their business right at their doorstep. Imagine living in a stylish loft above a chic coffee shop or a modern apartment adjacent to a thriving retail space. This unique setup not only fosters a sense of community but also provides an exceptional investment opportunity.

Whether you’re an entrepreneur looking to establish your business or a homeowner seeking a lively atmosphere, the Metropolitan (C23) region of Los Angeles is the perfect place to call home. Discover the ideal balance of living and working in one of the most exciting cities in the world, where your dreams can flourish in a truly dynamic environment.

Newest Metropolitan (C23) Homes with Mixed Use Subtype

1507 W 83rd, Los Angeles
$2,399,999
RS26215065 MLS ⋅ Active Status
Exceptional New-Construction 6-Unit Investment Opportunity in Los Angeles Welcome to 1507 W 83rd St, a brand-new six-unit multifamily property offering an attractive combination of strong income, modern construction, and low-maintenance ownership. With a desirable mix of spacious 2- and 3-bedroom residences, this property is designed to appeal to today’s renters while providing investors with an impressive income-producing asset. The unit mix includes a 3-bedroom/2-bath renting for $3,495, 2-bedroom/1.5-bath at $2,651, 3-bedroom/3-bath at $3,366, 2-bedroom/2-bath at $2,895, 3-bedroom/3-bath at $3,180, and a spacious 3-bedroom/3.5-bath at $3,695. Combined monthly rental income is $19,282, providing approximately $231,384 in annual gross rental income. All six residences are brand-new construction and feature central air conditioning, solar, stainless-steel appliances, modern finishes, and thoughtfully designed floor plans. Each unit is separately metered, with tenants responsible for their own utilities, helping reduce ongoing operating expenses for ownership. Another significant advantage is that the property is not subject to Los Angeles rent stabilization, providing greater flexibility for long-term ownership and income growth, subject to applicable state and local regulations. Currently offered at an approximately 7.4% pro forma cap rate, 1507 W 83rd St presents a compelling opportunity for investors seeking newer construction, strong rental income, reduced maintenance concerns, and six desirable units in the Los Angeles rental market. Six units. Brand-new construction. $231,384 in annual rental income. Tenant-paid utilities. Solar. Central air. A turnkey multifamily investment built for the future.

1507 W 83rd, 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.