Los Angeles CA Multi-Family Homes
Multi-family homes for sale in Los Angeles
Included below are Multi-Family Homes for sale and real estate in Los Angeles, CA. Many savvy homebuyers are looking to invest in a Lost Angeles multi-family home, which will build equity more quickly than or similarly to a single-family, often at least partially on someone else’s dime.
If you would like more information on any of these Los Angeles Multi-Family Homes real estate listings, just click on a property to access the full details. From there, you can request more information or schedule a tour. And we'd be happy to provide you with disclosures, past sales history, dates and prices of properties which have recently sold nearby, and more, so just let us know how we can help!
And, for your convenience, feel free to register for a free account to receive email alerts whenever new Los Angeles Multi-Family Homes listings come on the market that match your specific criteria.
Do you want to explore more?
More on Los Angeles Multi-Family Homes
In a hot real estate market like Los Angeles, with demand for housing consistently on the rise for decades, owning an income property is a smart, stable source of passive income. In some cases, a potential buyer of a Los Angeles multi-family home will also have access to additional financing options that open the door for a larger investment, and hopefully a larger return. Imagine getting a mortgage and ensuring half or more of your monthly payment is going to be covered by tenants. This might be the right fit for you if you have the financial capital or personal capacity to hire a property manager.
Primary Residence or Investment Property?
For some, buying a Los Angeles multi-family home is purely an income investment, hoping to fill the residences and establish a source of passive income. For others, living in one of the residences while renting out the other(s) is a financially savvy way to purchase a home and an income property at the same time.
Financing for a Los Angeles multi-family home is often much easier to secure than one would assume. While the loan will likely be for a far larger sum than a typical single-family home, lenders are aware that in a market with such high housing demand as Los Angeles, the property is unlikely to retain many, if any, vacancies. That means a consistent cash flow for the borrower at all times, making the loan for a Los Angeles multi-family home significantly more secure than the typical single-family home purchase.
Price and Availability
Many investors are buying up Los Angeles multi-family homes, so it can be difficult to enter the market. Working with an experienced real estate agent who knows their way around the Los Angeles multi-family home market is a must. Prices will vary greatly depending on types of residences, neighborhood, time of construction, and renovations needed, so its best to get in touch with a knowledgeable real estate agent before determining your budget. It’s worth speaking with a loan officer early on in the process because you may qualify to borrow far more than you expected due to the security of a Los Angeles multi-family home property and its consistent cash flow.
