Multi-family Homes for Sale in Los Angeles | Looking to move to a neighborhood that’s a bit above your budget? Need to live in a particular school district or interested in setting up a multigenerational household – a multi-family housing option may work for you. Purchasing a property such as a duplex, triplex or fourplex is a creative way to generate income from one or more units while living in one of the others. When a property owner lives in one of their multi-family units, it’s considered an owner-occupied property. This house hack provides some of the financial benefits of owning a home, such as primary residence financing, combined with tenant-generated income. The money earned from having a tenant in residence could help offset the mortgage for your own housing cost.
There are many great neighborhoods throughout Los Angeles where multi-family properties are available. Hancock Park, West Hollywood, Beverly Grove, Los Feliz, Silverlake and more each have character-filled duplexes, triplexes and fourplexes for sale. If a multi-family property sounds like a great way for you to move forward in your home search, contact Beyond Shelter for additional multi-family homes for sale in Los Angeles.
