Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Pasadena, 251 North Oakland Avenue

Price: $22,490,000
Units Total: 80
Lot Size: 72,718
Living Area: 57,819
Year Built: 1960
Parking: 78
Days on Market: 21
Description: PASADENA COLLECTION is 80-unit value-add non-rent controlled apartment investment opportunity located in the highly desirable city of Pasadena, CA. The portfolio is located within the Pasadena Playhouse District, an eclectic cosmopolitan community rich in history and architecture. Because of this superb location, it has a Walk Score 87 out of 100, demonstrating “VERY WALKABLE” location to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. The portfolio consists of Five (5) apartment buildings that are adjacent to each other: 251 N Oakland Ave (14-units), 265 N Oakland Ave (19-units), 275 N Oakland Ave (12-units), 285 N Oakland Ave (22-units), and 303 N Oakland Ave (13-units). The portfolio is being sold completely vacant in an as-is condition. This presents a clean slate opportunity for value-add investors to acquire a TRUE value-add apartment deal in a Class A location in San Gabriel Valley submarket.

Azusa, 212 South Azusa Avenue

Price: $20,600,000
Units Total: 96
Lot Size: 138,334
Living Area: 78,656
Year Built: 1960
Parking: 204
Days on Market: 128
Description: Triqor Group is pleased to present Tribeca Apartments, a 96-unit garden-style apartment community located in Azusa, California. Tribeca was built in 1960, boasting well designed, spacious units with many units having been upgraded to earn premium rents. New ownership will be able to continue the proven model with the remaining units and further boost NOI growth. In addition, the buyer can take advantage of assuming the in-place loan which is better than the current market financing. Tribeca Apartments offers an astute investor the opportunity to purchase a well located, well-maintained, institutional quality asset with over 10% upside in rents and a mid-5% cap rate on market. The Tribeca Apartments is strategically located near Interstate 210 with frontage on Azusa Ave, the city’ s major north / south thoroughfare. The property is 3.5 miles east of the 605 Freeway and 5 miles west of the 57 Freeway. The property is surrounded by major employment, retailers and a rapidly growing population. Additionally, Tribeca is in close proximity to higher education institutions including Azusa Pacific University and Citrus College. Tribeca is 1 mile from the new Downtown Azusa train station for the Foothill Gold Line, further connecting tenants to Downtown LA.

20102 SW Birch Street

Price: $18,999,000
Units Total: 52
Lot Size: 77,972
Living Area: 44,836
Year Built: 1971
Parking: 87
Days on Market: 18
Description: “The Landing” is a prime Orange County apartment community that offers an investor an opportunity to purchase a legacy investment. This well maintained asset not only has an “A” location, but a well balanced unit mix of one and two bedrooms (many with two full baths), upgraded interiors, private yards and balconies, fitness room and a beautiful courtyard featuring a large swimming pool. Laundry is on site. An opportunity to increase the income exists as well through minimal upgrades.

Santa Monica, 834 4TH Street

Price: $17,950,000
Units Total: 32
Lot Size: 15,298
Living Area: 32,856
Year Built: 1972
Parking: Yes
Days on Market: 39
Description: A + + Location! Very Rare Investment Opportunity. Only changed ownership once in about past 30 + Years. Almost a 3% CAP, less than $550 per sq ft and about $561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $15.2 million.

Los Angeles, 350 South RENO Street

Price: $17,495,000
Units Total: 36
Lot Size: 14,254
Living Area: 38,612
Year Built: 1990
Parking: 0
Days on Market: 31
Description: 350 S. Reno Street is an excellent opportunity to acquire a true pride of ownership property in one of the best rental locations in prime Koreatown. The property was built in 1990 and is NOT subject to rent control, allowing for significant and immediate rental upside. This extremely well maintained property boasts a great unit mix consisting of all 2 bedroom 2 bath units, with 6 of the penthouse units featuring dramatic loft style units. All of the units are spacious, have a terrific floor plan, and offer an abundance of natural light. Most units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, hardwood floors (pergo), spacious kitchens / bedrooms / bathrooms, large balconies, and central heat and air conditioning. Other property features include copper plumbing, tenant storage areas, a laundry room on each floor, security cameras, and gated parking consisting of side by side and tandem spots.

16100 West SUNSET

Price: $14,295,000
Units Total: 20
Lot Size: 17,916
Living Area: 20,522
Year Built: 1995
Parking: Yes
Days on Market: 61
Description: ALMOST $1 MILLION PRICE REDUCTION! This is only one of a total of five multi family properties in all of Pacific Palisades that is NON RENT CONTROL. Very, very rare Investment Opportunity in the Palisades. Only second time available for sale in over 20 years. According to CoStar, only one multi family property has sold in the past two years in this zip code. Very close to new Caruso development in the Village. Central Air and Heating, Washer and Dryer in each unit, Elevator, Subterranean Parking, Individual Storage for each unit, many units have Granite Kitchens and Bathroom Counter Tops, Upgraded Appliances and abundant closet space. Large balconies and Controlled Access Entry. Trash Chutes on each floor. Units separately metered for gas and electric. Please see Documents for full OM. Also, please see listing at 834 4th Street. 32 Units in Prime Santa Monica.

Los Angeles, 546 North OXFORD Avenue

Price: $14,000,000
Units Total: 25
Lot Size: 20,248
Living Area: 26,426
Year Built: 2015
Parking: Yes
Days on Market: 130
Description: 2015 Brand New Luxury Condo Style Apartments in prime Korea Town / Hancock Park Adjacent area. Modern Contemporary units with new appliances, high ceilings, large windows for bright and airy feel and much more. Close to shops and restaurants. Conveniently located to the freeways, Larchmont Village, Downtown and Hollywood. Don’t miss this opportunity to purchase this brand new building and to enjoy the luxury of these beautiful units. Tenants pays all their utilities including water, electric, gas and cable / internet. NO pets and NO smoking building.

1645 AMBERWOOD Drive

Price: $11,500,000
Units Total: 28
Lot Size: 29,914
Living Area: 27,002
Year Built: 1956
Parking: Yes
Days on Market: 92
Description:

Gardena, 13605 South Vermont Avenue

Price: $11,000,000
Units Total: 66
Lot Size: 61,299
Living Area: 37,494
Year Built: 1962
Parking: 70
Days on Market: 32
Description: *Mix of 1 and 2-Bedroom Units, * Private Patios, *Individual Water Heaters, *Rental Upside For a New Owner, *Located Along Main Thoroughfare, * $166,667 Per Unit, *No Rent Control

Los Angeles, 1954 HILLCREST Road

Price: $10,200,000
Units Total: 15
Lot Size: 49,467
Living Area: 15,408
Year Built: 1938
Parking: Yes
Days on Market: 102
Description: Hillcrest Road in the Hollywood Hills / World Class Asset on Four Private, Gated Parcels of Land / IRREPLACEABLE Compound of Homes, Out Buildings and Bungalows Spread Out on a 49,467 sq.ft Knoll / Iconic Old World Treatments, Gated Vehicle and Pedestrian Entries, Beautiful Walkways and Paths, Private Patios and Fountains / Exceptional Parking for 25 Vehicles / Includes 4 parcels of land 5549-022-012,013,031,032, Assumable 2% Financing / NOTHING LIKE THIS EXISTS!

2270 North Beachwood Drive

Price: $10,000,000
Units Total: 21
Lot Size: 21,780
Living Area: 17,380
Year Built: 1928
Parking: 21
Days on Market: 37
Description: Villa Monterey Apartments is a 21-unit multifamily community located in Hollywood, CA. Originally built in 1928, Villa Monterey represents an opportunity to acquire a mid-size multifamily asset in one of the most sought after submarkets in Los Angeles County. Situated on one 0.50 acre parcel, the property features 21 units including (1) studio measuring approximately 600 sq.ft, (17) one-bedroom / one-bathroom units averaging approximately 800 sq.ft, and (3) two-bedroom / one-bathroom units averaging approximately 1,060 sq.ft. The property also includes gated vehicle and pedestrian access, covered parking, a charming central courtyard with a stone fireplace and fish pond, and on-site laundry.

11312 HUSTON Street

Price: $9,425,000
Units Total: 14
Lot Size: 13,169
Living Area: 21,250
Year Built: 2011
Parking: Yes
Days on Market: 121
Description: The subject property is a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City. The entire building consists of large units averaging over 1,500 sq.ft, featuring at least three bedrooms each, and saturated with condominiumquality amenities. Constructed in 2011, the property is not subject to Los Angeles Rent Control and it carries a recorded condominium tract map (Tract 67599). Each of the spacious units includes its own in-unit washer / dryer, central air / heat, stainless steel appliances, designer cabinets, high ceilings, recessed lighting, and custom walkin closets. Interiors also feature luxury vinyl plank flooring with tile kitchens and bathrooms, granite countertops, and semi-recessed bathroom sinks. Each unit includes its own private balcony and penthouse units also contain lofts.

Venice, 2510 PACIFIC Avenue

Price: $9,250,000
Units Total: 12
Lot Size: 7,980
Living Area: 10,428
Year Built: 1971
Parking: 15
Days on Market: 114
Description: Located in the heart of Venice! 2504,2508,2510 PACIFIC AVENUE ARE THREE LEGAL 4 UNIT BUILDINGS ON THREE SEPARATE ADJACENT LOTS BEING SOLD AS ONE COMPLEX FOR $9,250,000. Each building consists of a studio / 1 bath, 1 bedroom / 1 bath, 2 bedroom / 2 bath, and 3 bedroom / 2 bath. 15 car carport parking. All units have been renovated. Each building has a coin operated laundry room. Complex is fully gated with intercom system.

Santa Monica, 1610 BROADWAY

Price: $8,950,000
Units Total: 7
Lot Size: 7,503
Living Area: 11,211
Year Built: 1989
Parking: Yes
Days on Market: 184
Description:

Tarzana, 18543 CLARK Street

Price: $8,595,000
Units Total: 29
Lot Size: 36,708
Living Area: 29,884
Year Built: 1962
Parking: Yes
Days on Market: 107
Description: Tarzana Villas at Clark St offers floor plans with spacious layouts, a most coveted feature in today’ s competitive submarket. In this tight rental market, the right owner stands to capitalize on positive market trends and significant rental upside.

Inglewood, 919 South Prairie Avenue

Price: $8,495,000
Units Total: 50
Lot Size: 30,827
Living Area: 22,861
Year Built: 1959
Parking: 44
Days on Market: 57
Description: The subject property is a 50-unit apartment building across the street from the City of Champions NEW NFL Stadium which will be known as L. A. Stadium and Entertainment District at Hollywood Park. In accordance with the current zoning, FAR and City Planning of Inglewood, the potential upside would be to re-develop a 6-story mixed-use hotel with residential units.

1757 North KINGSLEY Drive

Price: $8,395,000
Units Total: 26
Lot Size: 18,096
Living Area: 12,959
Year Built: 1968
Parking: Yes
Days on Market: 43
Description: ****PRICE REDUCED $300,000***** 1757 N Kingsley Dr, This beautifully renovated 26-unit apartment community is located just south of Franklin Avenue and north of Hollywood Blvd in East Hollywood / Los Feliz. 18 of the 26 units have been fully renovated to condo quality, offering residents luxury modern finishes such as recessed lighting, customized closets, laminate floors, stainless steel appliances, quartz countertops, and custom tiled bathrooms. Additional renovations to the property include; new contemporary landscaping, improved walkways, secure gated parking as well as remodeled laundry rooms and workout room / pool room. The property consists of (1) two-bedroom / one-bathroom unit, (19) one-bedroom / one-bathroom units, and (6) studio units.

1326 LONDONDERRY VIEW Drive

Price: $7,995,000
Units Total: 9
Lot Size: 9,122
Living Area: 10,502
Year Built: 1938
Parking: Yes
Days on Market: 38
Description: ICONIC apartment community located above Sunset Boulevard in the WORLD CLASS Sunset Plaza neighborhood at 1326 Londonderry View Drive, Los Angeles, CA 90069. Built in 1938, the offering is comprised of Nine (9) apartment homes encompassing + / -10,502 sq.ft plus + / -2,000 of enclosed patios. Features an unparalleled unit composition of Singles, One, Two and Three Bedroom Units. The common areas feature flagstone courtyard with fountain, ornate woodwork, elevator service, and parking. Property to be sold in conjunction with adjacent unpriced Single Family Homeat 1328 Londonderry View Drive (2,074 sq.ft Improvements, 12,033 sq.ft Land, Zone LAR1)

Los Angeles, 5406 LEXINGTON Avenue

Price: $7,975,000
Units Total: 42
Lot Size: 7,501
Living Area: 25,048
Year Built: 1928
Parking: Yes
Days on Market: 39
Description: The Edgemont is a 42-unit apartment building located in the Hollywood area of Los Angeles. The property consists of a four-story brick structure, plus two penthouse units on the fifth floor over a partial basement. Included with the property is a parking lot for approximately 14 vehicles. All units are master metered for utilities. The property has a center hallway design with two staircases and an elevator. All entrances are secured. There is a small lobby at the front of the property as well as a laundry room and additional storage rooms in the basement. The property is situated on a cul-de-sac and has excellent freeway visibility that provides great leasing exposure. The property boasts architecturally unique features such as four turrets on the upper floor. The unit mix consists of 32 studio apartments with a bathroom and full kitchen, eight units that are one-bedroom with one-bathroom and a full kitchen, as well as two units on the fifth floor that are studios.

Manhattan Beach, 4122 THE STRAND

Price: $7,895,000
Units Total: 3
Lot Size: 3,503
Living Area: 4,154
Year Built: 1947
Parking: 3
Days on Market: 479
Description: LOWEST PRICED OCEAN FRONT CORNER LOT PROPERTY ON THE MANHATTAN BEACH STRAND. OFFERED WITH ADJOINING PROPERTY AT 4117 THE STRAND WITH THE POTENTIAL TO CREATE A DOUBLE CORNER LOT PROPERTY AT THE SAME PRICE AS A SINGLE SOUTH MANHATTAN STRAND INTERIOR LOT. PRESENTLY IMPROVED WITH A VINTAGE 1940’S 3 BEDROOM COTTAGE WITH PANORAMIC OCEAN AND COASTLINE VIEWS, VAULTED BEAM CEILINGS, USED BRICK FIREPLACES, DEN, STRAND-LEVEL UTILITY / BONUS ROOMS PLUS DETACHED 2 BEDROOM AND 1 BEDROOM APARTMENTS WITH 3 CAR GARAGES. REFURBISH EXISTING IMPROVEMENTS OR BUILD A GRAND RESIDENCE OR 2 TOWNHOMES WITH CITY APPROVAL. THE BEST CORNER LOT VALUE ON THE MANHATTAN STRAND.

Long Beach, 1405 Lewis Avenue

Price: $7,800,000
Units Total: 20
Lot Size: 17,496
Living Area: 34,000
Year Built: 1920
Parking: 20
Days on Market: 31
Description: This is a once in a Lifetime opportunity to own a solid concrete, built like a bomb shelter and anchored with a 400 Square foot bank vault, 8 foot wide by 16 foot long freight elevator converting to a 4 story Artist Loft building. Built in the early 20’s, no expense was spared in building this Fireproof Storage Warehouse. Even the wide open deck of the 5 level rooftop is solid concrete and can accommodate loads. The rooftop is 7000 sq.ft. Each unit is also built to commercial fire code. The interior separation walls are either red brick, concrete or steel studs with double 5/8″ fire rated walls. This is a trophy property and your chance to make a difference in the artist community. All units are subject to the Administrative Use Permit. Tenants will have a license in the world of fine arts. All Tenants. There is a 6000 sq.ft INDOOR LOADING DOCK! Used for parking, it has direct access to the freight elevator and to a 1400 sq.ft bonus room. The owners unit / office is 3500 sq.ft, is 3 levels, and includes the bank vault as part of the layout. It has a giant original fireplace, massive 17 foot ceilings and so much more! Power includes a new 3 Phase 800A service with 200A 3 Phase on each floor!

Beverly Hills, 9965 Durant Drive

Price: $7,695,000
Units Total: 4
Lot Size: 8,800
Living Area: 6,558
Parking: Yes
Days on Market: 123
Description: A once-in-a generation opportunity to purchase two rare, high-demand, adjacent multi-family properties in prime Beverly Hills on a coveted double lot (two separate APN. ‘s) on a lovely wide street just behind The Peninsula Hotel and within close proximity to Century City. One property is a remodeled and spacious Triplex and the second one was a duplex that has been turned into a most charming single family residence with a well thought out floor plan. In addition to being highly coveted multi-units, the subject properties are also zoned BHR4YY with a potential to build 8-units or more (Buyer to verify). Both properties to be sold together. Ideal for Owner User / Investor / future potential development.

Laguna Beach, 150 CRESS Street

Price: $7,498,000
Units Total: 3
Lot Size: 7,241
Living Area: 3,415
Year Built: 2007
Parking: 6
Days on Market: 147
Description: Lifetime opportunity! This spectacular, trophy property offers three (3) world class beach villas with at least six (6) parking (very rare) nestled on a prime beachfront location in World Famous Laguna Beach. Appointed to the nines, this luxury property offers the very best in form, function and location. The three beach villas boast single level floorplans enhanced with the finest designer finishes. Spectacular outdoor spaces include 4 fire pits, multi-level conversation spaces, with incredible ocean-view verandas. Mere feet from beach access, and within walking distance of many fine restaurants and shops. Mixes of three villas are 2 bed r and 1 bath; 3 bed and 2 baths: and 3 bed rooms and 2.5 baths. Each villa has the appointments rivaling better than the most prestigious hotels in town. Excellent use as a beach house for family and friends; as a second home when needed and rent the villas as vacation rentals and / or rent them as needed to supplement the income to offset property and other taxes. Villas offer a viable 1031 exchange for your investment dollars and enhances your great investment opportunity in one of the best and classy beach City in the United States. Currently the villas are utilized as high end vacation rentals with excellent income stream.

Redondo Beach, 112 VISTA DEL MAR

Price: $7,200,000
Units Total: 13
Lot Size: 21,474
Living Area: 11,774
Year Built: 1949
Parking: 6
Days on Market: 9
Description: -A + + + Location – 1 Block From The Water -21,474-Square Foot Lot -Prime Development Opportunity: 10 Townhouse Condominiums -Half-Acre Corner Lot in the Heart of Hollywood Riviera -Once in a Lifetime Opportunity -Value-Add 13-Unit Multifamily Offering -No Rent Control