Active Listings

$3,500,000

VartanianCRE of Lyon Stahl Investment Real Estate, Inc. is pleased to present 228 S. Mariposa Avenue, an 18-unit multifamily investment opportunity situated in the highly walkable Koreatown neighborhood of Los Angeles. Originally constructed in 1956, the property comprises approximately 14,257 square feet of building area on a substantial 15,000 square foot lot.

The property offers an attractive and highly rentable unit mix consisting of three (2BR/1BA) units, thirteen (1BR/1BA) units, and two studio units. One of the studio units, Unit #18, is a legally permitted attached accessory dwelling unit completed in 2024.

Many of the apartment interiors have been beautifully remodeled with contemporary finishes and spacious, functional floor plans — updated kitchens with modern cabinetry, upgraded countertops, tile backsplashes, stainless steel appliances, contemporary flooring, recessed lighting, ceiling fans, and refreshed bathrooms.

Ownership has also completed a series of capital improvements throughout the property, including extensive Type L copper plumbing upgrades completed over multiple years, window improvements, an upgraded electrical panel, a newer water heater, partial sewer line improvements, retrofit work, exterior painting, asphalt improvements, updated laundry equipment, roofing improvements, and a new gas valve.

The property features approximately nine covered parking spaces within the rear carport area. The size and configuration of the rear lot may also offer an investor the opportunity to explore additional accessory dwelling units, potentially above the existing carports (Buyer to Verify). No representation is made regarding the feasibility or permissible number of additional units; buyers should independently investigate and verify all zoning, structural, parking, access, utility, entitlement, and development requirements with the appropriate governmental agencies and qualified professionals.

$1,300,000

VartanianCRE is pleased to present 10200-10204 Pinewood Avenue, a five-unit multifamily investment opportunity located north of Foothill Boulevard in the desirable Tujunga community of Los Angeles. Built in 1953, the property consists of approximately 3,231 square feet of improvements on a generous 10,893-square-foot lot, spread across two separate residential buildings with a well-balanced unit mix of three 1BR/1BA units and two 2BR/1BA units.

The property offers a number of features that enhance its appeal to tenants, including private porches and balconies, mountain views from the upper-level residences, window air conditioning, wall heating, and a separate on-site laundry room. Parking is particularly strong for a five-unit property, with five private detached one-car garages plus two additional uncovered spaces, for a total of seven parking spaces.

Situated in the foothills of the Verdugo Mountains, the property offers residents an appealing residential environment while remaining conveniently connected to La Crescenta-Montrose, Sunland, Glendale, and the greater Los Angeles area. The expansive lot may also offer future ADU development potential, including possible conversion of the detached garage structure positioned between the front and rear buildings (Buyer to Verify).

$2,200,000

A well-maintained 7-unit apartment community in the South Mid-City neighborhood near Pico-Robertson, on a 7,115 SF LAR3-zoned lot. Unit mix of two 2BR/2BA, one 2BR/1BA, three 1BR/1BA, and one bachelor unit. Four units are fully renovated with quartz countertops and updated cabinetry; two more are partially renovated, offering continued value-add upside. The soft-story seismic retrofit has been completed.