Prime Duplex with Approved ADU Plans, Income & Upside Near Alhambra!Exceptional opportunity to acquire a well-located duplex with approved ADU plans, offering strong income potential and long-term value-add upside. Just minutes from Alhambra, this property sits on a spacious lot with a detached two-car garageperfect for ADU conversion, ample off-street parking. Each unit is separately metered for gas and electricity, enhancing rental flexibility. Whether you're an investor looking to maximize cash flow or an owner-user seeking multi-generational living, this property checks all the boxes: location, zoning potential, and a quiet residential setting. Close to schools, shopping, dining, and major freeways, it's a highly desirable neighborhood for tenants and end users alike. Key Features: Approved ADU plans ready for implementation, Separate meters & strong lot configuration, fully occupied immediate income streamExcellent upside through ADU and future rent increases. Minutes to Alhambra and major conveniences.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Walter Castillo
$1,350,000
Monterey Park Area Single Family Home
Active
812 W Fernfield Drive Monterey Park, CA 91754
4 Bed
2 Baths
1640 sqft
MLS# 25493817
An exceptional development opportunity in one of Los Angeles's most coveted neighborhoods, Monterey Park. Nestled on a tranquil street, this rare property comes with approved plans for two additional units: a second unit featuring 3 bedrooms and 2 baths, and an ADU with 2 bedrooms and 2 baths. A turnkey project for investors, developers, and builders, this property offers the potential to create an architectural masterpiece with strong returns. The existing residence is a charming 4-bedroom, 2-bath single-family home situated on a spacious corner lot, providing ample space for all three structures. Whether you're looking to expand your real estate portfolio, create a multi-generational living arrangement, or generate rental income, this property offers limitless potential. With the flexibility to live in one unit while leasing the others or to capitalize on the rising demand for multi-family housing, this Monterey Park gem is an unparalleled investment opportunity. Don't miss your chance to develop, invest, and thrive in one of the city's most desirable locations!
Listing Courtesy of CRMLS / Coldwell Banker Realty / Walter Castillo
$1,990,000
Los Angeles Area Multi-Family Home
Active
603 W 47th Street Los Angeles, CA 90037
11 Bed
8 Baths
4278 sqft
MLS# 25510483
Luxury Fourplex Near the Coliseum Fully Renovated Trophy Asset. Introducing a beautifully reimagined four-unit compound in the heart of Los Angeles, just minutes from the Coliseum and Expo Park. Thoughtfully restored by a seasoned contractor, this standout property blends timeless charm with high-end finishes to create four luxurious, design-forward residences. Each unit features stainless steel appliances, wall AC units, in-unit laundry, and custom details throughout, offering a turnkey lifestyle with modern comfort. Behind its gates lies a rare opportunity for investors seeking strong income potential or owner-users looking to live stylishly while offsetting expenses. This is more than a property, it's a showcase of Los Angeles living, elevated.. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Walter Castillo
$2,500,000
Los Angeles Area Single Family Home
Active
3928 Clayton Ave Los Angeles, CA 90027
3 Bed
3 Baths
2387 sqft
MLS# 25555579
Mid-Century Modern Masterpiece with Unmatched Views in Iconic Franklin Hills. Set high above the street in the highly desirable Franklin Hills, this exquisitely reimagined mid-century modern home offers the ultimate blend of privacy, luxury, and lifestyle. Spanning three levels and 2,387 sq ft of beautifully designed living space, this architectural showpiece delivers timeless elegance with breathtaking panoramic views from nearly every room. The main level welcomes you with a sun-drenched open layout featuring exposed beamed ceilings, rich hardwood floors, and seamless indoor-outdoor flow. The expansive living and dining areas lead to a chef-inspired kitchen outfitted with top-tier stainless steel appliances, including a brand-new Sub-Zero refrigerator, Viking stove with double ovens, two new microwaves, a wine cooler, a double-sided dishwasher, and striking Brazilian granite countertops. The oversized marble island, perfect for martini sipping or casual dining, anchors the space with style. As an added bonus, the home is equipped with a year-round life source water filtration system, maintenance-free and environmentally friendly, enhancing everyday wellness and convenience. Two bedrooms and two full baths complete the main level, including a primary suite retreat with oversized bath, bamboo flooring, stackable washer/dryer, and floor-to-ceiling views that stretch across the city and beyond. Just outside the second bedroom, a tranquil koi pond under a covered patio offers the perfect escape for morning coffee or evening reflection. The second level features a private one-bedroom, one-bath suite with a large family room, full laundry area, separate entrance, stairs from the main level, and continued panoramic views, ideal for extended family, guests, or private rental potential. One level below, a flexible bonus space awaits, perfect for a home office, gym, art studio, media room, or ultimate man cave. Outside, the lush, terraced backyard is a private sanctuary, complete with mature fruit trees, multiple view decks, and newly renovated exterior stairs that connect every level for a seamless indoor-outdoor lifestyle. Located in the top-rated Franklin Elementary School district and just minutes from Los Feliz Village, Hyperion Avenue, Griffith Park, and the Observatory, this rare hillside retreat captures the very best of design, function, and the elevated spirit of L.A. living.
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Walter Castillo
$1,990,000
Los Angeles Area Multi-Family Home
Active
603 W 47th St Los Angeles, CA 90037
11 Bed
0 Baths
4278 sqft
MLS# 25510483
Luxury Fourplex Near the Coliseum Fully Renovated Trophy Asset. Introducing a beautifully reimagined four-unit compound in the heart of Los Angeles, just minutes from the Coliseum and Expo Park. Thoughtfully restored by a seasoned contractor, this standout property blends timeless charm with high-end finishes to create four luxurious, design-forward residences. Each unit features stainless steel appliances, wall AC units, in-unit laundry, and custom details throughout, offering a turnkey lifestyle with modern comfort. Behind its gates lies a rare opportunity for investors seeking strong income potential or owner-users looking to live stylishly while offsetting expenses. This is more than a property, it's a showcase of Los Angeles living, elevated.. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Walter Castillo