Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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1625 West Bonnie Brae Street

Price: $135,000,000
Units Total: 4
Lot Size: 6,001
Living Area: 3,190
Year Built: 1965
Parking: Yes
Description: 4 Units Located At One of the Most Desirable areas in Los Angeles, Each Unit Features 2 Bed, plus 1 Bath and 1 Car Garage

Los Angeles, 920 South Hill Street

Price: $25,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 436
Description: The Hill Street Lofts project is located on South Hill Street between 9th St. And Olympic Blvd. In the trendy Historic Core district of Downtown Los Angeles. Currently Joe’s Parking, the site is fully entitled for the ground-up construction of a 340 ft. High-rise mixed use project consisting of 239 condominiums and 5,405 sq. Ft. Of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. Ft. Balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Parcel situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the best Downtown LA has to offer. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units Zoning: [Q] R5-4D Lot Area 22,935 Floor Area Ratio 6: 1 (137,610 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (298,155 sq. Ft.)

Los Angeles, 957 South Broadway

Price: $25,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 437
Description: The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in the hip Historic Core, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. Ft. Lot is fully entitled for the construction of a 166 ft., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces – 50 sq. Ft. Balconies on most units in the complex – 4,920 sq. Ft. Of street level retail space – Neighborhood destinations are: The Ace Hotel @ 929 S. Broadway United Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. Broadway Zinque Restaurant @ 939 S. Broadway (opening early 2018) Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square and the LA Fashion District all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units 2 bedroom: 44 units Planning Data: APN: 5139003007,5139003008,5139003009 Zoning: [Q] C2-4D-CDO Interest Offered: Fee Simple Floor Area Ratio: 8.9: 1 (184,705 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (268,619 sq. Ft.)

Venice, 1206 VENICE Boulevard

Price: $22,000,000
Units Total: 32
Lot Size: 12,214
Living Area: 29,080
Year Built: 1988
Parking: 0
Days on Market: 41
Description: We are proud to present 32 units on Venice Boulevard in Venice. Non-rent control. Built in 1988. Great unit mix of 1’s and 2’s. Four stories over gated, secure parking. Upside in the rents. Central air / heat. Please call listing office for more details.

1026 SANBORN AVE Avenue

Price: $20,500,000
Units Total: 67
Lot Size: 25,983
Living Area: 36,900
Year Built: 1928
Parking: 0
Days on Market: 15
Description: We are proud to present 1026-1036 Sanborn Ave and 1037 Hyperion Ave, a 67-unit apartment community consisting of 4 contiguous, 1920s charming Spanish-style buildings in the hippest neighborhood in Los Angeles-Silver Lake. The unit mix consists of 61 Singles and 6 (1 + 1). Approximately 20% of the current residents are legacy tenants who were inherited by the current ownership. Most of the units have been renovated at different times throughout the current ownership’s tenure, which spans over a decade. This portfolio presents a unique opportunity to own a well-managed, high-yielding, trophy asset with pristine grounds and true value-add aspects in one of the hottest sub-market in Los Angeles. 1026 Sanborn Ave (APN: 5427-007-025) –17-units 1030 Sanborn Ave (APN: 5427-007-024) –18-units 1036 Sanborn Ave (APN: 5427-007-023) –16-units1037 Hyperion Ave (APN: 5427-007-009) –16 units

Los Angeles, 9315 ALCOTT Street

Price: $16,150,000
Units Total: 14
Lot Size: 11,428
Living Area: 25,908
Year Built: 2007
Parking: Yes
Days on Market: 51
Description: Built in 2007,9315 Alcott Street is comprised of 14 non rent control condominiums with separate APNnumbers. Located just South of Pico Blvd, in the neighborhood of Beverlywood. The property is walking distance to a myriad of coffee shops, restaurants, and synagogues. The property features over 25,000 sq.ft of rentable area and is situated on a large 11,428 square foot lot. Comprised of (1) three-bedroom, three-bathroom unit, (12) three-bedroom, two and half-bathroom units, and (1) two-bedroom, two-bathroom unit. The building has been well maintained andincludes a 1,500 sq. Ft. Gym / rec room on the ground floor with kitchen and bathroom. Two levels of subterranean parking for approximately 36 parking spots including guest parking.

Arcadia, 855 West Huntington Drive

Price: $15,750,000
Units Total: 42
Lot Size: 55,507
Living Area: 34,972
Year Built: 1953
Parking: 66
Days on Market: 100
Description: Huntington Place – 855-875 W Huntington Drive is a prominent 42-unit value-add apartment community located in the highly desirable City of Arcadia, CA. This offering presents an extremely rare opportunity for investors to acquire one of largest apartment community in the affluent City of Arcadia, CA. The property is being offered as one of the highest CAP Rate and lowest GRM in comparison to Arcadia multifamily sales comparable in the past 12 months! The property is unique due to its size and its superb location just a block away from the highly popular Westfield Santa Anita Mall and Santa Anita Race Track, providing unparalleled access to some of the main attractions in the West San Gabriel Valley submarket. The property is located within the prestigious and desirable Arcadia Unified School District and enjoys superb demographics of $110,749 average household incomes within a 3-mile radius. It is surrounded by newer townhomes on its east and west side, and single-family residential community on its north side. The property is a two-story garden style apartment community with a beautiful center courtyard and ample parking in both the front and back. It was built in 1953 and has a total of ±34,972 sq.ft of building area on an oversized lot of ±55,503 sq.ft. The property consists of 3 different parcels and buildings.

Hollywood, 1836 North Gramercy Place

Price: $12,995,000
Units Total: 28
Lot Size: 20,038
Living Area: 19,665
Year Built: 1964
Parking: Yes
Days on Market: 54
Description: Gramercy Hollywood is an ultra-slick, modern, recently renovated apartment community with top of the line amenities in a coveted location within Hollywood, California. Set on a 20,038 square foot lot, this attractive 19,665 gross rentable square foot property is crafted with structural simplicity, sleek finishes and clean lines. Originally built in 1964, the property offers open floor plans, exquisite attention to detail and an unbeatable location with superb freeway and bus access. 21 of the total 28 units have been fully renovated and are successfully achieving top rents for the market. The remaining 7 unrenovated units present a 20% + upside in rents. The unit mix includes 5 two-bedroom units, 17 one-bedroom units and 6 studios, for a total current scheduled monthly income of $60,411. With world-class shopping and dining, red carpet movie premieres, celebrated live theatre and over 70 brand-name retailers in the immediate area, the property’s location offers endless possibilities. It lies in close proximity to many local hotspots and iconic landmarks, including the Hollywood Walk of Fame, El Capitan Theatre, Dolby Theatre (home of the Academy Awards®) and TCL Chinese Theatre (formerly Grauman’s). The property also sits less than two miles from the major Hollywood and Highland entertainment center of Los Angeles.

Los Angeles, 7200 HOLLYWOOD

Price: $12,925,000
Units Total: 44
Lot Size: 20,999
Living Area: 23,897
Year Built: 1953
Parking: 0
Days on Market: 72
Description: 7200 Hollywood Blvd. Is a forty-four (44) unit multi-family property located on the corner of N. Formosa Avenue and Hollywood Blvd. The property consists of four (4) bachelors, twenty-five (25) studios and fifteen (15) 1 BR + 1 Bath units. The apartment building comes with gated parking and a courtyard with a pool. The current rents are below market with approximately 35% upside in its current rents. The property is within a 1/2 mile of the famous El Capitan Theatre and Roosevelt Hotel. The property can be purchased individually as a stand alone 44 unit property, or as part of the four (4) property Hollywood Blvd. Portfolio; 7504 Hollywood Blvd., 7407 Hollywood Blvd., and 7451 Hollywood Blvd.

Manhattan Beach, 816 The Strand

Price: $12,850,000
Units Total: 2
Lot Size: 3,366
Living Area: 2,807
Year Built: 1956
Parking: 5
Days on Market: 17
Description: Prime South-End location of the Manhattan Beach Strand! It does not get any better than this with a picture perfect Manhattan Beach Pier View and proximity to Downtown Manhattan Beach. Charming mid-century 4 bedroom home, plus a separate 2 bed 2 bath income-unit over the garage. Spacious outdoor areas with a quaint courtyard on the side and a fantastic patio situated above the walk path of the Strand. Plenty of parking with a 3-car garage and 2-spots behind the garage. Panoramic White Water and Sand Views from Palos Verdes to Malibu. Enjoy the true Manhattan Beach lifestyle with Ocean Front living, only steps from all the great local Shops, Restaurants, and Parks.

Los Angeles, 855 South HARVARD

Price: $12,000,000
Units Total: 32
Lot Size: 13,325
Living Area: 31,549
Year Built: 1988
Days on Market: 14
Description: We are pleased to exclusively list a 32-Unit trophy multi-family apartment building locatedin the highly desirable Koreatownsubmarket of Los Angeles. Built in 1988, and not subject tothe rent stabilization ordinance, the Harvard Apartments boast a mix of 1-bedroom, 2-bedroom, 3-bedroom, and1-bedroom + loft units. The Property represents a true value-add opportunity with severalof the units inunremodeledcondition andcurrent rents below market for renovated rents. Many units have been renovated in recent years featuring wood inspired laminate flooring, granite countertops, stainless-steel appliances, and laundrymachines. Located in one of LosAngeles’ most walkable neighborhoods, residents have immediateaccess tomany ofthebestrestaurants, bars and shops in Koreatown. The Property’s dynamic location draws anincreasing numberof educated young-professionals thatare attractedto Koreatown’s amenityrichmakeup, proximity to Los Angeles’ top employment centers and transitorie

Whittier, 14035 Coteau Drive

Price: $11,550,000
Units Total: 40
Lot Size: 60,112
Living Area: 32,604
Year Built: 1986
Parking: 8
Days on Market: 11
Description: Triqor Group is pleased to present the opportunity to acquire Heritage Manor and Villas, a 40-unit apartment building located in Whittier, CA. Built in 1986; the property is in close proximity to Candlewood Country Club and offers (36) large two-bedroom units and (4) one-bedroom units. Most units have a patio or balcony, some with golf course views. All tenants have secured access to covered and uncovered parking. Heritage Manor and Villas boasts a great opportunity for an investor to purchase a well-maintained asset consisting of almost all two-bedroom units built in 1986. Heritage Manor and Villas is located just north of Imperial Hwy., the major east west thoroughfare in the City of Whittier. The property sits adjacent to Candlewood Country Club providing some units with golf course views. The property is located 3 miles northeast of the 5 freeway, 4.5 miles east of the 605 freeway and 5 miles north of the 91 freeway. Furthermore, the property is located less than 20 miles southeast of Downtown Los Angeles and 10 miles north west from Downtown Anaheim offering additional employment opportunities nearby.

Newport Beach, 900 East Oceanfront

Price: $11,000,000
Units Total: 6
Lot Size: 6,534
Living Area: 5,850
Year Built: 1971
Parking: 6
Days on Market: 166
Description: 6 Oceanfront 2 bedroom 2 bath apartments. Recently remodeled and furnished. Parking 1 space per unit. 70′ wide lot. Rented weekly, monthly or yearly by White Sail Realty management company. Must be purchased with 916 E Oceanfront and 919 E Balboa which are contiguous lots with mutual easement. Each lot has two 3 bedroom 2 bath units with parking. See NP18048168.

Los Angeles, 4080 REDWOOD Avenue

Price: $10,995,000
Units Total: 29
Lot Size: 23,846
Living Area: 17,088
Year Built: 1958
Parking: Yes
Days on Market: 91
Description: Price reduced. 3 Contiguous lots being offered with 29 units combined as a development opportunity in prime Silicon Beach and Del Rey art district. 23,846 sq.ft combined lot size situated in the midst of some of the largest developments underway in Los Angeles. Potential to build a large apartment complex or condo’s in one of the most sought-after area’s close to Playa Vista, Marina Del Rey and Venice Beach. This asset is currently comprised of 29 unit rental property with a mix of 7 studios, 8 (1 + 1) 13 (2 + 1) and 1 x 3 bd unit and 34 parking spaces. Rent raises are due in November and a current total GI of $504,564 annually still making this a financeable property in its current use. Historically a low vacancy area with high demand for rental units. Google, Snapchat, Yahoo, and Tesla to name a few of the surrounding companies calling Silicon beach their home along with new developments underway with movie theaters, world class Restaurants and shopping within walking distance.

Newport Beach, 224 20th Street

Price: $10,995,000
Units Total: 3
Lot Size: 5,227
Living Area: 5,700
Year Built: 1964
Parking: 7
Days on Market: 174
Description: This extremely rare Balboa Peninsula Bayfront triplex has one of the most spectacular Newport Harbor, Fashion Island, Saddleback mountain, and city lights views in Newport Beach. With over 5,700 sq.ft of living space, this property has three full levels of living that is highlighted by the handsome 3,000 square foot owner’s unit; it features panoramic vistas, a living room with a dual sided fireplace, dining area, family room, a generous-sized kitchen with maple cabinetry, stainless steel appliances and granite countertops; a luxurious master suite with a fireplace, his and hers baths, two additional bedrooms with ensuite baths, a powder bath, laundry room, an office work area and a unbelievable rooftop deck with “jaw dropping” views and a jacuzzi. The two lower level units each have three bedrooms, two baths, fireplaces, great rooms with galley kitchens, a shared laundry facility, and big harbor vistas. The property features 48’of bayfront, a private pier and slips for two boats including a 70’; a 3-car tandem garage for the owner’s unit and two 2-car tandem garages each designated to the lower units. Located on a quiet street within easy walking distance of all of the fun of Newport Beach including the Newport Pier with its world-famous boardwalk, Blackies surfing beach, and great restaurants and nightlife. This property is perfect for an owner who seeks an “up or down leg” to a 1031 exchange, or for the owner who wants a luxurious owner’s unit and great rental income.

Glendora, 320 West Bennett Avenue

Price: $10,990,000
Units Total: 27
Lot Size: 116,829
Living Area: 31,796
Year Built: 1963
Parking: 60
Days on Market: 77
Description: The Sierra West is a 27-unit luxury single-story garden-style apartment community on the foothill area in the City of Glendora, California. This offering presents a rare opportunity for investor to acquire a well located and stabilized upgraded luxury apartment community in the foothill area of the San Gabriel Valley sub-market. It is in a strong demographics area with average household income of ±102,000 in a mile radius, located 3 blocks away from downtown Glendora “The Village”, and across the street from community of single family houses. The property was built in 1963 and is situated on an oversized lot of 2.64 acres (±115,000 sq.ft). The 27-units are spread out to 10 separate single-story buildings on different locations that create a spacious single family residential atmosphere for the tenants. It offers an excellent unit mix of six (6) 3 bedroom + 2 bathroom, eighteen (18) 2 bedroom + 2 bathroom, and three (3) 2 bedroom + 1 bathroom units, each with large private patio (±300 sq.ft). The buildings are comprised of wood frame and stucco construction with pitched, composition-shingle constructed roofs. The community is served by three laundry facilities, a gated swimming pool with men’s and women’s restroom, controlled access with intercom system, gated parking (west side entrance), covered parking, directory, water fountain, and much more! Each unit is a bungalow style single-story apartment complete with private large patio (average ±300 sq.ft).

Santa Monica, 728 MONTANA Avenue

Price: $10,500,000
Units Total: 9
Lot Size: 13,506
Living Area: 8,412
Year Built: 1999
Parking: Yes
Days on Market: 125
Description: We are proud to present to market “Montana@Lincoln Crossing”, a prominent Mixed Use asset located in the eternally hip city of Santa Monica along the fabled Montana Ave at the intersection with Lincoln Blvd. The asset is composed of two parcels: one that is the corner property that is 60 ft fronting Montana and 100 ft fronting Lincoln; and, a second that is 50 ft by 150 ft used for parking that is primarily entered off of Lincoln with an alley access to Montana. The 3 ground level retail spaces have mostly 5-year leases with extendable terms providing a high degree of income security. The 6 residential studio loft units above on the 2nd level have high ceilings and large private balconies, presenting a potential upside opportunity by realizing market rents in these premium units. 4 of the 6 units are not subject rent control. CALL FOR OFFERS on May 18.

523 South WESTMORELAND Avenue

Price: $10,500,000
Units Total: 56
Lot Size: 10,200
Living Area: 30,280
Year Built: 1927
Days on Market: 30
Description: San Mar Manor is a 56-unit 1920s vintage value- add opportunity located in the highly desirable Koreatown sub-market. Built in 1927, the subject property is constructed of reinforced masonry and is situated on a 10,200 square foot parcel, zoned LAR4. The property features well laid out floor plans consisting of 42 singles and 14 one-bedroom / one-bath units. The property is master-metered for all utilities and is subject to Los Angeles rent control statutes. San Mar Manor has undergone numerous capital improvements including a new electrical system that was completely re-wired less than 10 years ago and plumbing upgrades as units have been turned. Investors will have the opportunity to implement a comprehensive interior and exterior renovation to re-position the property into a truly unique 1920s vintage luxury community and increase rental income by an estimated 38 percent.

Los Angeles, 249 South AVENUE 55

Price: $10,500,000
Units Total: 40
Lot Size: 38,863
Living Area: 24,722
Year Built: 1961
Parking: Yes
Days on Market: 21
Description: 249 S Ave 55 is a 2-story, 40-unit, Mid-Century apartment building located in the heart of Highland Park-one of Los Angeles’ hottest sub-markets. Teeming with authentic Mid-Century charm, this extremely well-maintained asset features 40 secure parking spaces, an over-sized center courtyard lined with beautiful, drought tolerant landscaping, a large pool with ample lounge areas and colorful accent murals / designer paint themes. The building features on-site laundry and is separately metered for gas and electric. 28% of the units (11 in total) have been renovated to include beadboard ceilings, new kitchens, with modern cabinets, stainless steel appliances, quartz counter-tops, and remodeled bathrooms.

Santa Ana, 412 North Baker Street

Price: $10,250,000
Units Total: 38
Lot Size: 21,227
Living Area: 31,929
Year Built: 1988
Parking: 83
Days on Market: 20
Description: The Tuscan Villas Apartments is a 38-unit, three-story, multifamily investment property located in the heart of Orange County in the city of Santa Ana. The subject property possess an ideal unit mix consisting of 100% two bedroom units: (32) 2 bedroom, 2 bath and (6) 2 bedroom, 1 bath. The two bath units have an unique floor plan where there is access to both bathrooms from a common hallway – ideal for two families or roommates. Most of the two bedroom, two bath unit configuration possess large covered 200 sq.ft balconies, offering tenants a generous outdoor space. Other unit features: separate tenant gas / electric meters and separate hot water heaters, new remote car entry gate with ample parking (83 garage spaces) over two levels of subterranean parking and three on-site laundry rooms (one on each floor). The landlord also benefits from a fire sprinkler system with alarm monitoring that dramatically lowers the subject property insurance premiums; additionally, a 5-year fire sprinkler certification was recently completed in August 2017. The subject property has undergone additional upgrades in 2018 including: new exterior paint, new LED parking structure lighting, new LED exterior lighting, new car remote entrance gate, numerous remodeled units with substantially higher rents – huge estimated upside in rents of approx. 25% with a proforma cap rate of 5.0% and a proforma GRM of 12.5. Assumable $5.735M 30 yr loan at 3.875% fixed rate (for 4 more years) available.

Los Angeles, 4108 MARATHON Street

Price: $10,150,000
Units Total: 30
Lot Size: 10,535
Living Area: 24,520
Year Built: 1928
Parking: Yes
Days on Market: 71
Description: We are pleased to present 4056 and 4108 Marathon Street, a 30 unit apartment community plus a separate parcel providing parking, in one of L. A. ‘s most dynamic rental markets, Silver Lake / Virgil Village, CA (90029). 4108 Marathon Street, built in 1928, offers an exceptional unit composition featuring Twenty-Six (26) Large One Bedroom-One Bathroom and Four (4) Two Bedroom-One Bathroom apartment homes encompassing + / -24,520 sq.ft of improvements. The purchase also includes 4056 Marathon Street is a separate parcel included in the offering and provides 15 vehicle parking spaces. The parcel is zoned RD 1.5 in 4,250 sq.ft of land. Parking lot improvements include new asphalt resurfacing, restriping and new gate / fencing. 4108 Marathon Street has undergone a gut-level renovation of Fifteen (15) of the Thirty (30) apartment homes (50% of units). **Please email listings agents for Full Offering Memorandum**

Venice, 748 BROOKS Avenue

Price: $9,990,000
Units Total: 4
Lot Size: 10,580
Living Area: 8,800
Year Built: 2017
Parking: 8
Days on Market: 26
Description: One-of-a-kind opportunity to own four New Construction Single-Family Homes in Venice! Brooks Venice offers the pinnacle of indoor-outdoor living and contemporary sophistication in a swoon-worthy location. Live at the beach and fulfill all your sun-filled fantasies in these four spectacular soon-to-be LEED-certified properties. Host friends for sunset cocktails overlooking Venice, cook inspired meals in your sleek kitchen, or take a luxurious nap in your top-floor master sanctuary as the Southern California sun streams in. Custom finishes abound throughout while bleeding edge smart home technology keep your coastal homes safe, efficient, and places in which you’ll love entertaining.

Tarzana, 18414 Collins Street

Price: $9,950,000
Units Total: 45
Lot Size: 43,601
Living Area: 27,262
Year Built: 1971
Parking: 55
Days on Market: 8
Description: This is a 45-unit apartment complex at 18414 Collins Street, Tarzana, California. Situated in a great location, the property is comprised of thirty four spacious one-bedroom units, two three-bedroom units, each with two bathroom, one two-bedroom and two bathroom, one two-bedroom and one and a half, and six single units, that together come to more than 27,000 sq.ft of rentable space on 43,560 sq.ft of land. The complex has been well maintained since it was built in 1971 and has recently undergone certain upgrades, including the installation of a brand new roof in 2017. The property offers an on-site laundry facility, a sparkling swimming pool, and 55 parking spaces for residents. Furthermore, the property is thought to have copper plumbing and is master metered for gas and electricity. Located north of Burbank Boulevard, this complex is within walking distance from shops, restaurants and entertainment venues that line Ventura Boulevard. Furthermore, the building sits mere minutes from the 101 Freeway. The property’s prime location, coupled with clear upside potential, make it a fantastic investment opportunity.

Redondo Beach, 370 PALOS VERDES

Price: $9,750,000
Units Total: 16
Lot Size: 17,257
Living Area: 17,610
Year Built: 1960
Parking: 41
Days on Market: 6
Description: – Ocean Facing 16-Unit Apartment Located in Redondo Beach’s Hottest Market: The Hollywood Riviera -Situated 2-Blocks from the Pacific Ocean, Tucked Away Under the Prestigious Palos Verdes Peninsula -50% of the Units Boast Scenic Ocean Views: 4-Units with 180-Degree Ocean Views from Palos Verdes to Malibu and 4-Units with Direct Ocean Views -Sixteen-Units: Two Three-Bedroom Units, Twelve Two-Bedroom Units, and Two One-Bedroom Units -No Rent Control -41 Parking Spaces -Private Back Patios for Rear Units -Large Units with Outstanding Floor Plans -Generational Asset with Tremendous Appreciation Potential