Park Hills Heights (PHHT) Homes with Apartment Subtype

Park Hills Heights (PHHT) Homes with Apartment Subtype

Welcome to Park Hills Heights, a vibrant and inviting neighborhood nestled in the heart of Los Angeles, California. This charming region is known for its rich cultural heritage and diverse community, making it a desirable place to call home. Park Hills Heights offers a unique blend of urban convenience and suburban tranquility, providing residents with easy access to the bustling city life while enjoying the comforts of a close-knit neighborhood.

One of the standout features of Park Hills Heights is its variety of homes, particularly those with an apartment subtype. These residences are perfect for anyone seeking a blend of space and functionality, whether you’re a first-time buyer, an investor, or looking for a multi-generational living option. The homes in this area often feature spacious layouts, modern amenities, and beautiful outdoor spaces, making them ideal for families and individuals alike.

Living in Park Hills Heights means being surrounded by an array of parks, schools, and local businesses, all contributing to the community's vibrant atmosphere. The area is well-connected by public transportation, making commuting to downtown Los Angeles and beyond a breeze. Enjoy weekend strolls through nearby parks, savor delicious cuisine from local eateries, or engage with friendly neighbors at community events.

With its appealing homes and rich community spirit, Park Hills Heights is not just a place to live; it’s a place to thrive. Discover the charm and opportunity that await in this dynamic Los Angeles neighborhood, where your dream home is just around the corner!

Newest Park Hills Heights (PHHT) Homes with Apartment Subtype

6401 S Victoria, Los Angeles
$2,750,000
SB26223466 MLS ⋅ Active Status
6401-6407 S Victoria Ave is a 17-unit, two-parcel apartment offering in Hyde Park, delivering excellent in place cash flow on 29,003 square feet of LAR3 land with several paths to add value. 6401-6407 S Victoria is an excellent opportunity to acquire two adjoining parcels in Hyde Park, one of South Los Angeles’ most improved neighborhoods. The offering has 17 units across buildings built in 1923 and 1953. The unit mix includes (6) 1 bed / 1 bath, (9) 2 bed / 1 bath and (2) 3 bed / 1 bath units, totaling 10,192 square feet on a combined 29,003 square foot LAR3 zoned lot. The property already produces excellent in place cash flow and still has upside in the rents, with two 1 bed / 1 bath units to be delivered vacant. The large lot gives a future investor several ways to add value, including ADUs or new construction. Hyde Park sits between Baldwin Hills, View Park and Leimert Park to the north and Inglewood to the south, where the Hollywood Park district (SoFi Stadium and Intuit Dome) has become one of the region’s major sports and entertainment hubs. The Metro K Line’s Hyde Park Station on Crenshaw Blvd connects tenants to the E Line, LAX and the broader Metro system. Along the Crenshaw corridor, mixed-use and multifamily projects are being built near the station, and Destination Crenshaw, a 1.3 mile open air arts and culture corridor, is taking shape. With its in place cash flow, large land footprint and growing location, the offering is a chance to own a long term asset in one of LA’s most rapidly improving submarkets.

6401 S Victoria, Los Angeles
3760 S Bronson, Los Angeles
$1,225,000
AR26223179 MLS ⋅ Active Status
Located on a desirable corner lot, 3760 S Bronson Ave is a well-positioned 7-unit multifamily property offering a compelling combination of current income and future upside. The property features a diverse unit mix consisting of (1) 2-bedroom/2-bathroom house, (1) 2-bedroom/1-bathroom unit, (4) 1-bedroom/1-bathroom units, and (1) studio. The new owner will have the opportunity to capture market rents from the outset with two units. The spacious front house offers 2 bedrooms and 2 bathrooms, along with a dining room, living room, and separate family room, providing an attractive housing option for a variety of tenants. Property amenities include onsite laundry, a new water heater, and a controlled-access parking gate. Importantly, the property’s seismic retrofit has been completed, providing additional peace of mind for ownership and reducing the need for a prospective buyer to undertake this significant capital improvement. 3760 S Bronson Ave presents an attractive opportunity for investors seeking a well-located Los Angeles multifamily asset with potential to enhance rental income and long-term value. Note: The property address per public records for all 7 units is 3760 S Bronson Ave. However, the units receive mail addressed to 3416 Coliseum St.

3760 S Bronson, Los Angeles
1861 W Martin Luther King Jr Boulevard, Los Angeles
$1,895,000
SB26217704 MLS ⋅ Active Status
1861 W Martin Luther King Jr Blvd presents an attractive opportunity to acquire a 12-unit multifamily property in Los Angeles, offered at $1,895,000. The property features a desirable unit mix of (11) 1 Bed/1 Bath units and (1) 2 Bed/1 Bath unit, complemented by 8 on-site parking spaces and a generously sized lot exceeding 10,000 square feet. The property offers strong in-place returns with a 7.56% cap rate and 8.12 GRM, providing investors with an attractive day-one yield and additional upside through future rent optimization. Four units are currently occupied by subsidized tenants, providing a portion of the property’s income from government-supported rental programs. Ideally situated in Los Angeles’ 90062 submarket, 1861 W Martin Luther King Jr Blvd offers convenient access to major employment centers, retail, transportation, and surrounding neighborhoods. The combination of strong in-place performance, a favorable unit mix, ample parking, and additional rental upside makes this an appealing addition to a multifamily investment portfolio.

1861 W Martin Luther King Jr Boulevard, Los Angeles
4237 8th Avenue, Los Angeles
$1,199,900
DW26202192 MLS ⋅ Active Status
Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to the vibrant Leimert Park Village. Don't miss out.

4237 8th Avenue, 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.

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