Category Archives: Duplex For Sale

DUPLEX FOR SALE in LOS ANGELES CA

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Currently MultiFamilyOWL is displaying 638 available duplex properties for sale in Los Angeles County.  This available inventory has slightly increased since January 2017.  The average list price is $450,000-$500,000 and most of the available properties are in Rent Control Zones in The City of Los Angeles.

The duplex buyer absorption rate remains very strong in Los Angeles.  Currently there are 412 Duplex investment properties in escrow with accepted offers.  The average list price of the duplex properties in escrow is $515,000-$625,000.  The Duplex income properties that are currently in escrow were on the market available on average for approximately 25-40 days on average.

Over the past 30 days, 173 Duplex Homes have closed escrow in Los Angeles County with the average closing price being over $700,000.  A majority of these closings were not in The City of Los Angeles Rent Control Zones, thus the higher sales prices.

It certainly appears the Duplex Income Investment Property Market is hotter than ever in Los Angeles California.  MultiFamilyOWL.com is receiving record numbers of inquiries from Duplex Owners and investors looking to add more Duplex homes to their real estate portfolios.

458 Longfellow Avenue Hermosa Beach Ca 90254 — DUPLEX FOR SALE —

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Hermosa Beach duplex income property for sale located at 458 Longfellow Avenue Hermosa Beach CA 90254 by John Corrales Coldwell Banker Manhattan Beach 310-346-3332.

Each unit has been remodeled and the land offers future development potential.  Awesome location just 4 blocks from pristine white sand beaches and an easy walk to all the shopping and dining in downtown Manhattan Beach.

With so few income properties left, due to re-development into large luxury homes in Hermosa Beach and Manhattan Beach, the few remaining income properties very rarely become available.  MultiFamilyOWL.com has all Manhattan Beach, Hermosa Beach and Redondo Beach Duplex, Triplex, 4-Plex and larger apartment buildings available updated every 15 minutes!

As of January 29th, 2017—569 Duplex Properties For Sale on the MLS in Los Angeles County California

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Checking the CRMLS today January 29th, 2017 there are 569 active duplex income properties listed for sale on the CRMLS.

There are 116 Duplexes currently under contract, but still needing contingencies removed.

There are 238 Duplexes under contract with all contingencies removed waiting for escrow to close.

In the past 30 days 161 Duplex income properties have closed escrow in Los Angeles California.

As you can see the Duplex investment property market is very much alive and properties are continuing to sell with a very strong absorption rate.  Even better news is that inventory is continuing to present itself as investors are looking to take advantage of 1031 tax exemption laws while they are still around.  Many investors are nervous that this much needed tax shelter could be in jeopardy in coming years with the new political environment  But that is yet to be seen.

To view ALL of the DUPLEX PROPERTIES FOR SALE IN LOS ANGELES CALIFORNIA please click this live link!  Thanks!

Helping Los Angeles County RENTERS become OWNERS with cheap Duplex properties for sale

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MultiFamilyOWL.com is working to help all renters in Los Angeles County find cheap Duplex Properties For Sale in Los Angeles County so they can STOP RENTING and start COLLECTING RENT!  By clicking the link above you can view many Duplex multifamily income properties currently for sale in Los Angeles County priced under $200,000 !!!  With the average 1 bedroom apartment renting for close to $1,000 per month, if all renters start purchasing duplex properties they will be living for almost free!

MultiFamilyOWL.com works hard to make these affordable duplex properties for sale easy to view and provides our viewers the name and brokerage of the listing agent handling the listing so that our users can quickly contact them.  MultiFamilyOWL charges NO FEES, we have NO LOG  IN, we have NO PASSWORD requirements.  We just want others in Los Angeles County to benefit from multifamily property ownership like we do!!!

You can become your own landlord!  Stop paying rent and start collecting rent!  Make 2017 the year you begin your real estate empire!!  We are always here to help!

Multi-family Investment Property and Home Listings in Los Angeles, CA

The most populous county in the United States, Los Angeles County has a population of 9,818,605 and has more people than 42 individual U.S. states. LA County is a fantastic choice to invest in multifamily residential income property. The economy is improving and decreasing unemployment rates are excellent for rising rental rates. Southern California’s great climate, world renowned attractions and celebrity encounters enables many of LA county’s cities to be vacation destinations. Additionally if you convert your apartment into a vacation rental, you will create short term rentals that will yield higher rentalrates.

The city of Los Angeles is the county seat, is the largest city in California and the second-largest in the United States. Encompassing 4,083 square miles, it is larger than the combined states of Rhode Island and Delaware. You may receive higher rents for multi-unit residential investment properties near the coast, however in general the asking purchase prices are higher.

LA County is composed of 88 incorporated cities and two offshore islands, San Clemente and Santa Catalina Islands. However, most of LA County is made up of 140 County-recognized unincorporated communities.

The most populous cities are:

● Los Angeles – 3,792,621

● Long Beach – 462,257

● Glendale – 191,719

● Santa Clarita – 179,013

● Lancaster – 156,633

● Palmdale – 152,750

● Pomona – 149,058

● Torrance – 145,438

● Pasadena – 137,122

● El Monte – 113,475

● Downey – 111,772

● Inglewood – 109,673

● West Covina – 106,098

● Norwalk – 105,549

● Burbank – 103,340

Major divisions of the county are 1) East: Eastside, San Gabriel Valley, Pomona Valley, 2) West: Westside, Beach Cities 3) South: South Bay, Palos Verdes Peninsula, South Los Angeles, 4) Gateway Cities 5) North: San Fernando Valley, portions of the Conejo Valley, portions of the Antelope Valley and Santa Clarita Valley 6) Central: Downtown Los Angeles, Mid-Wilshire.

Los Angeles County is famous for its entertainment industry; all six major film studios (Sony, 20th Century Fox, Paramount Pictures, Warner Brothers, Universal Pictures, and Walt Disney Studios) are located in the county. Besides motion picture and television industries, LA County resident workers are in international trade supported by the ports of LA and Long Beach, music recording and production, and aerospace.

Moreover, there are great tax benefits to owning income producing real estate. We have many duplexes, triplexes, fourplexes, and commercial apartment buildings without rent control, with on-site parking, laundry and separately metered utilities. A property manager can help you control owner/ landlord expenses and if necessary guide you through the Section 8 and eviction process.

Invest with us and request more information about the historical CAP Rates for your preferred LA county cities and ask about the GRM (Gross Rent Multiplier), Net Operating Income and Gross Operating Income for specific listings.

Information gathered from Wikipedia and propertymetrics.com

Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in LA County.
You might be interested in looking in one of these LA County cities: Alhambra – Altadena – Arcadia – Azusa – Baldwin Park – Bell – Bell Gardens – Bellflower – Beverly Hills – Brentwood – Burbank – Carson – Compton – Covina – Culver City – Downey – Eagle Rock – El Monte – El Segundo – Glendale – Glendora – Harbor City – Hawaiian Gardens – Hawthorne – Hermosa Beach – Highland Park – Hollywood – Huntington Park – Inglewood – Lakewood – Lawndale – Lomita – Long Beach – Los Angeles (City) – Lynwood – Malibu – Manhattan Beach – Marina Del Rey – Monrovia – Montebello – Monterey Park – Montrose – North Hollywood – Norwalk – Pasadena – Playa Del Rey – Pomona – Redondo Beach – Rosemead – San Dimas – San Gabriel – San Pedro – Santa Monica – Sherman Oaks – Silver Lake – South El Monte – South Pasadena – Southgate – Studio City – Sun Valley – Temple City – Toluca Lake – Torrance – Valley Village – Van Nuys – Venice – West Covina – West Hollywood – Westchester – Whittier – Wilmington

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us at contact@MultiFamilyOwl.com

Duplex For Sale Manhattan Beach Hermosa Beach California

Manhattan Beach California DUPLEX INVESTMENT PROPERTY FOR SALE coming soon!

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John Corrales and Lauren Forbes at Coldwell Banker Manhattan Beach (310-346-3332) have a Duplex multifamily income investment Property coming soon in the Hermosa Beach Manhattan Beach neighborhood.  This Duplex currently generates a net operating income of over $35,000 per year.  The Pro-Forma is showing the possibility of over $44,000 per year. To see all available investment properties in Manhattan Beach click this live link now!

The fully rented duplex is perfectly situated between north Hermosa Beach and South Manhattan Beach.  Only 4 short walking blocks to pristine white sand beaches, perfect waves for surfers and easy stroll to downtown Manhattan Beach for fine dining and shopping.  The Duplex offers On-Site  laundry facilities and 2 car garage parking.  The 2 bedroom apartment and the 1 bedroom apartment both feature outdoor living areas perfect for evening BBQ’s or pre-surf coffees!

Hurry Call John Corrales at Coldwell Banker Manhattan Beach today (310-346-3332) for more details, price and formal financials on this unbelievable opportunity coming available in early 2017.  You can also visit John’s website at www.ForbesCorrales.com

Duplex Manhattan Beach—4 unit (4-plex) apartment building Redondo Beach—Duplex San Clemente

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MultiFamilyOWL.com wil be assisting on three new investment properties over the next couple of weeks.  We will be posting videos on each transaction and keeping everyone updated on the appropriate statistics for each transaction.

Manhattan Beach duplex properties have been trading out well above 20x Gross over the past 180 days.  However with so much land value on a majority of these sales you really need to look at each comparable individually.

The Redondo Beach 4-Plex (4 unit apartment building) market has been more reasonable with a majority of the 4plexes selling on 50×150 7,500sq’ lots trading out around 16x Gross.  There is incredibly high demand for these buildings right now.

San Clemente has been on a tear, but still offers the best GRM and CAP rate potential.  We have seen quite a few sales under the 15x gross recently.  Rents are still rising and with all the development occurring near the Amtrak station on the north side of town we expect many years of increasing rents.

Videos coming soon!

2017, the year Duplex prices finally fall in Los Angeles?

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Duplex properties values have been rising more than 6% per year for the past three years in Los Angeles.  However, 2017 may be the first time in a long time we see prices finally begin to come down.  Since Trump’s election we have seen the 10 year bond move from 1.75% to 2.3% and many expect this violent move up to only continue.  The mortgage market has already begun responding with higher rates and this also will continue.

Since many income multifamily property investors in Los Angeles valuate their Duplex, Triplex and Fourplex investment properties on CAP Rate, we may see asking prices begin to move down as interest rates move up.  Duplex, Triplex, Fourplex properties for sale in areas under rent control are at even more risk of price depreciation.  In these areas landlords are restricted on raising rents to offset the rising costs of their adjustable mortgages.

Visit MultiFamilyOWL often to search for Duplex Properties For Sale in Los Angeles and surrounding cities in Southern California.  2017 may shape up to be the beginning stages of a multi-year BUYERS’ MARKET !!!!!!!

los angeles apartment for rent duplex for sale

Los Angeles Apartment FOR RENT…$845

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Centrally located apartment for rent in the heart of Los Angeles.  Please view the pictures below and contact the agent James Finney direct for more information.

715 West Century Boulevard , Los Angeles, CA 90044

PROPERTY DETAILS

715 West Century Boulevard
Los Angeles, CA 90044

For Rent: $845

Property Type: Apartment
MLS#: OC15040070

Contact Agent

James Finney, James Finney, Broker | Phone:

  • Bedrooms: 1
  • Bathrooms: 1
  • Pets: No
  • Building Size: 492 SF
  • Lot Size: 4148 SF
  • Number of Units: 4
  • Year Built: 1957
  • Days on market: 38

Property Description

BACK TO SEARCH RESULTS

Based on information from California Regional Multiple Listing Service, Inc. as of March 13, 2015. 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.

Listing provided by: James Finney, James Finney, Broker, , source: Listhub

duplex for sale los angeles ca

Los Angeles Duplex For Sale

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Stop paying rent and start collecting rent!  Duplex for sale in very close proximity to downtown Los Angeles.  Please contact the listing agent direct for more information on this unique opportunity:

1808 East 41ST Place
Los Angeles, CA 90058

For Sale: $245,000

Property Type: Duplex
MLS#: 15884699

Contact Agent

Darren Hubert, Keller Williams Rlty Los Feliz

  • Bedrooms: 1
  • Building Size: 1040 SF
  • Lot Size: 6032 SF
  • Number of Units: 2
  • Number of Stories: 1
  • Year Built: 1924
  • Days on market: 26
  • Net Operating Income: $9,600
  • Gross Scheduled Income: $9,600
  • Rent Control: No

Property Description

Bankruptcy sale opportunity just south of Downtown, side by side duplex with a large backyard. Each unit has 1 bedroom 1 bath and will generate immediate cash flow with minimal down payment. This well-maintained property is tucked away in an unexpected residential pocket adjacent to Vernon. Located just south of downtown Los Angeles, offering easy access to all freeways. Potential investment opportunity for commercial use or expansion. At this time all offers are subject to interior inspection. Newly remodeled in both units -this property does not need any work – other than the yard. Property is separately metered for gas and electric.
BACK TO SEARCH RESULTS

Based on information from California Regional Multiple Listing Service, Inc. as of March 19, 2015. 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.

Listing provided by: Darren Hubert, Keller Williams Rlty Los Feliz, , source: Listhub

LOS ANGELES DUPLEX

Los Angeles DUPLEX for sale — $289,000–

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9308 Graham Avenue , Los Angeles, CA 90002

Property Details

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9308 Graham Avenue
Los Angeles, CA 90002

For Sale: $289,000

Property Type: Duplex
MLS#: MB15031912

Contact Agent

CECILIA LLAMAS, UNITED REGENCY REALTY | Phone:

  • Bedrooms: 2
  • Building Size: 1288 SF
  • Lot Size: 4989 SF
  • Number of Units: 2
  • Year Built: 1903
  • Days on market: 21
  • Rent Control: No

Property Description

Stucco Duplex. 2 Units 2 Bed each
Back to Search Results

Based on information from California Regional Multiple Listing Service, Inc. as of February 14, 2015. 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.

Listing provided by: CECILIA LLAMAS, UNITED REGENCY REALTY, , source: Listhub