Jackson Jorgensen

By use code: Residential - Four Units (Any Combination) - 4 Stories or Less

. Charming small building in Huntington Park. Full of character and charm. Amenities: Newly renovated 1 bedroom 1 bathroom, all new cabinetry in kitchen and bath. Quartz counter top, hard surface flooring throughout, new tile floor in bathroom, new blinds, new paint, new lighting.. Appliances: Stainless steel, Refrigerator, built-in microwave, Range. Parking: Additional $100.00 Per Month. . Pets: No pets IT490316 - IT49MC6335

We are pleased to offer the opportunity to acquire this value-add three (3) unit Student Housing/Multi-Family investment on 2755 Raymond Ave, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of one (1) large apartment building on an oversized corner 10,602 sqft lot. The property features a unit mix of one (1) 3 bedroom + 1 bathroom unit, as well as two (2) 2 bedroom + 1 bathroom units. Additionally, one of the 2 bedroom units is vacant, affording any buyer the ability to renovate the unit and select their own tenant. The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the structure. This property boasts remarkable redevelopment potential across its expansive 10,602 sqft lot. Benefiting from LARD2 zoning ordinance and an additional TOC Tier 1 density bonus, the site presents a unique opportunity to develop. The generous lot size not only provides ample space but also positions this opportunity to leverage city incentives, potentially facilitating the construction of affordable housing, a vision aligned with community needs. Notably, while situated in a historical zone, the property has been deemed a non-contributor, offering flexibility for future endeavors. (*Buyer to verify all details pertaining to zoning and development potential).

By use code: Residential - Double, Duplex, or Two Units - 4 Stories or Less

We are pleased to offer the opportunity to acquire this high yield 6.26% Cap fully furnished four (4) unit, 13 bedroom + 10.5 bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 5,446 rentable square feet on an oversized 10,661 square foot lot. The property is comprised of three (3) separate structures, with a unit mix of a large duplex comprising of one 5-bedroom + 4-baths, and one 4-bedroom + 3.5-bath unit. As well as an additional two separate brand new construction units with the mix of 2 bedroom 2 baths as well as a 2 bedroom 1 bath. The main duplex was completely remodeled in 2014, with a brand new foundation, an updated roof, updated electrical/plumbing, and in-unit washer & dryers. The two brand new fully permitted units have recently been completed, featuring stainless steel appliances, quartz countertops, and high end finishes throughout the units. The property will gross $19,480 monthly starting in the month of August, with upside in rents with one below market tenant and plenty of additional space. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash.

724 N Kingsley Dr is a massive new construction 6-unit (5 + large ADU) with the most impressive unit mix you’ll find! With two 5 bedroom units and four 4 bedroom units, this gorgeous 2024 construction is predicted to bring in an annual rent of $332,400, making for a pro forma cap rate of 6.07%. TOTAL CASH COW! Don’t keep your money in the bank- invest in stable Los Angeles real estate with high cash flow. 724 N Kingsley is located in trendy Melrose Hill, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! Walk down the street to countless neighborhood destinations on both Melrose and Santa Monica Blvd. You will find noteworthy features including, but not limited to: bedrooms with en-suite bathrooms, high ceilings, open floor plan living room/kitchen areas, huge walk in closets, balconies, large windows allowing for maximum light, built in storage throughout, designer tiles, modern cabinets, natural wood water proof vinyl, and more. In addition to the unbeatable return and massive units, buyers will enjoy other notable perks including: a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Broker of Trimax Realty, Inc. and in the industry for 26years. Residential, Commercial, Loans... we handle it all. it's not all about commissions... it's about the relationship and building together while protecting your interests. Let's talk and see what I can bring to the table for you.

Fred Nabati

I’m a residential real estate specialist serving the South Bay, Palos Verdes, Long Beach, and surrounding communities. I focus on guiding buyers and sellers with clear strategy, strong negotiation, and a step-by-step approach that removes uncertainty from the process. Whether you’re purchasing your first home or preparing to sell, my goal is simple: help you make confident, well-informed decisions that protect your investment and maximize your results.

Jackson Jorgensen

About Jackson Jorgensen

Contact Agent

Recent property sales & transaction history

6 properties

Los Angeles

Family Home, Apartment

$1,250,000 to $2,050,000

1,700 ft² to 3,600 ft²

Properties for sale by listing agent Jackson Jorgensen

$1,450,000

$3,832,000

Similar real estate agents nearby