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153 SAN VICENTE Boulevard

Price: $32,995,000
Units Total: 30
Lot Size: 21,837
Living Area: 0
Year Built: 1967
Parking: Yes
Days on Market: 11
Description: We are pleased to present for sale this exceptional building in a prime Santa Monica location. This property is conveniently sited on tree-lined San Vicente Boulevard, just steps from Ocean Avenue, and Palisades Park on the Santa Monica Bluffs. 153 San Vicente Boulevard features 30 units over four stories, with a blend of very spacious 1,2 and 3 bedroom units. Units comprise of intelligent floor plans, an abundance of natural light, 18 units with large balconies and some with ocean views. Amenities include above-ground secure parking garage, controlled-access lobby, pool and interior courtyards. The Penthouse units feature high ceilings and additional ceiling level windows. This property provides investors with a unique opportunity to acquire a property well positioned for a full renovation, offering significant upside potential to add value, plus short to medium term cash flow.

Los Angeles, 920 South Hill Street

Price: $30,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 22,935
Year Built: 2019
Parking: 329
Days on Market: 150
Description: INCREDIBLE DEVELOPMENT OPPORTUNITY! The Hill Street Lofts project is located on South Hill Street between 9th St. And Olympic Blvd. In the trendy South Park district of Downtown Los Angeles. Currently leased to Joe’s Parking on a month-to-month lease, 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. Project is FULLY ENTITLED and building permit is ready to issue / shovel ready. All plans have been approved. This parcel is situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the Staples Center / LA Live, Grand Central Market, Whole Foods, Disney Hall, The Bloc. 7th and Fig and the best shopping, dining and nightlife DTLA has to offer. This project is 100% exempt from union labor and affordable housing requirements adding tremendous value to ROI. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units APNs: 5139003012,5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2: 1.

Malibu, 22648 PACIFIC COAST Highway

Price: $29,995,000
Units Total: 10
Lot Size: 14,971
Living Area: 8,402
Year Built: 1950
Parking: Yes
Days on Market: 154
Description: One-of-a-kind “Billionaire’s Beach” residential property! Set directly on a dry sand section of Carbon Beach, with unobstructed, 180-degree whitewater views, direct beach access, and 90 linear feet of spectacular beach frontage, the Property encompasses one of the finest and rarest residential locations in the world. Located just steps from Nobu, The Soho House, Hotel Ryokan, The Malibu Beach Inn, and the Malibu Pier, the property was completely renovated at a cost of over $10 million in 2018. The property is comprised of 10 premium apartment units with abundant glassline with ocean views, renovated balconies and decks, a large yard with a manicured lawn and sand sunbathing area, and unparalleled surfaces, finishes, and fixtures throughout. This represents an extremely rare opportunity to acquire a premium investment, or residential compound for personal use, in one of the most affluent and renowned locations in the world.

Los Angeles, 2391 ROSCOMARE Road

Price: $27,495,000
Units Total: 10
Lot Size: 21,422
Living Area: 0
Year Built: 2018
Parking: Yes
Days on Market: 512
Description: THIS PROPERTY IS CURRENTLY LISTED, PLEASE DO NOT CONTACT THE SELLER. ONE BEL AIR, a premier new construction 10 unit luxury building, the only one of its kind located in scenic upper Bel Air. Offering ‘home alternative’ residences in one of Los Angeles’ most sought after neighborhoods. Breathtaking ocean and canyon views beautifully combine nature, serenity and modern luxury. Sleek architecture and sophisticated design, finishes and fixtures are set amidst a lush mountainous back drop perfect for taking in dramatic sunsets. Equipped with a gym, lounge, spacious viewing deck, pool and pool deck, secured entry and parking garage. This iconic offering brings refined, multi-unit, luxe living to the hills.

Valley Village, 5807 LAUREL CANYON

Price: $20,695,000
Units Total: 56
Year Built: 1985
Parking: Yes
Days on Market: 42
Description: Its 25 acres of retail and entertainment destinations. More than 25% of the apartments have been completely remodeled to include in-unit washer / dryers, stainless steel appliances, quartz countertops, wood flooring, and upgraded bathrooms. A new investor may continue this remodeling program and apply the same blueprint to the remaining units in order to capture the asset’s significant rent upside. Constructed in 1985, NoHo Centre features an impressive amenities package, with central air / heat in all units, at least one balcony in every unit (except singles), large walk-in pantries in all units, at least one garage parking space per bedroom, a laundry room on every floor, an elevator, and a landscaped courtyard. The spacious floorplans range from 729 to 812 sq.ft for one-bedroom units, while the two-bedroom units average approximately 1,027 sq.ft each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.

683 Sleepy Hollow Lane

Price: $19,800,000
Units Total: 8
Lot Size: 10,019
Living Area: 7,000
Year Built: 1963
Parking: 8
Days on Market: 134
Description: The luxurious coastal accommodations of Sunset Cove Villas boasts eight alluring and distinguished Ocean view vacation rentals in one of California’s most beautiful coastlines in Orange County’s spectacular Laguna Beach. Enjoy a convenient Laguna location complemented by direct beach access and sweeping ocean views. Each of our opulent villas offers stylish interiors, modern amenities, and a seamless blend of indoor and outdoor space and they are all located walking distance to historic downtown Laguna Beach where guests can explore all of the galleries, restaurants or gift shops.

571 South Coronado Street

Price: $19,000,000
Units Total: 76
Lot Size: 15,084
Living Area: 62,826
Year Built: 1923
Parking: 0
Days on Market: 5
Description: This offering presents an exciting value-add opportunity located at 571 South Coronado Street in Los Angeles’rapidly redeveloping Westlake neighborhood. The property is within easy walking distance of MacArthur Park and offers easy access to transit options: the property is a half-mile from the Westlake / MacArthur Park station of the Metro Red and Purple lines, across from a metro stop that serves the 603 bus line that runs from the Glendale Galleria to Grand Station, and proximate to the 101 and 110 freeways. 571 South Coronado Street is a 1923 construction mixed-use asset with 46 one-bedroom units, 20 bachelor units, eight singles, and two commercial spaces. The property also features a basement and storage spaces for select units. The building is submetered for electric. Recent improvements include new flooring and paint in the hallways, elevator and plumbing upgrades, and roof improvements. A new investor may be able to submeter for gas and implement a RUBS program for water, sewer, and trash to reduce expenses and increase cash flow. Pro forma other income includes these assumptions. With current rents substantially below market, this offering presents an excellent opportunity for an investor to acquire in a popular redeveloping market and capture over 40 percent rental upside.

Santa Monica, 821 3RD Street

Price: $16,500,000
Units Total: 27
Lot Size: 14,988
Year Built: 1965
Parking: Yes
Days on Market: 4
Description:

Santa Monica, 1045 Ocean Avenue

Price: $15,990,000
Units Total: 20
Lot Size: 11,261
Living Area: 15,005
Year Built: 1922
Parking: 6
Days on Market: 49
Description: Steps from the beach in Santa Monica and walking distance to some of the best amenities in Santa Monica (world-famous Santa Monica Beach, Santa Monica Pier, Santa Monica Third Street Promenade, etc.) , 1045 Ocean Avenue offers investor a once-in-alifetime opportunity to own an apartment asset in a truly irreplaceable location that could be considered as one of the best location in Southern California. 1045 Ocean Ave is a 20-unit apartment in Downtown Santa Monica. It is located on Ocean Ave between California Ave and Washington Ave. It is located a block away from Third Street Promenade on Wilshire Blvd, across the street from Palisades Park that offers unobstructed ocean view of Pacific Ocean, Santa Monica Beach, Santa Monica Pier and Southern California coastline. It is within walking distance to all the best amenities Santa Monica has to offer, including Metrolink light-rail station on Colorado Ave. The property is a 2-1/2 story apartment that was built in 1922. It has a total of ±15,005 sq.ft building size (per profile) and situated on a ±11,260 sq.ft R3 lot. It is surrounded by much higher density residential properties on its left and right. Several units have been upgraded and six units can be delivered vacant at close of escrow.

Arcadia, 968 Arcadia Avenue

Price: $15,600,000
Units Total: 18
Lot Size: 36,193
Living Area: 34,000
Year Built: 2014
Parking: 44
Days on Market: 326
Description: Prime Arcadia 18 Unit condo newly built in 2014 with full tenant occupancy. All units are 3 Bedrooms 3.5 Bathrooms, two of three bedrooms are suites with attached two car garage. Great investment opportunity to keep as a rental income or you can sell each individual units if needed. Arcadia Schools and convenient to supermarkets and stores, CVS; LA Fitness; Post Office; Banks and Restaurants. For more details contact the listing agent thanks!

Anaheim, 1251 North PLACENTIA Avenue

Price: $15,350,000
Units Total: 56
Lot Size: 102,347
Living Area: 39,514
Year Built: 1973
Parking: Yes
Days on Market: 105
Description:

742 South WESTLAKE Avenue

Price: $15,000,000
Units Total: 37
Lot Size: 0
Living Area: 0
Year Built: 2019
Parking: 0
Days on Market: 131
Description: Single: $1,650 and Up, 1 Bed + 1 Bath: $1,900 and Up, 2 Bed + 1.5 Bath – $2,400 and Up. SF – 3 Bed + 2.5 Bath – $2,850 and Up. Manali Residence is a brand new apartment community designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, we it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057. The Manali Residence building consists of 37 Residences, with one street level parking area accessible from the alley at the back of the building and one level of underground parking from Westlake Avenue for 55 automobiles and 41 bicycles. Make Manali Residence your new home and enjoy the best K-Town and Downtown LA has to offer! Features: Brand New 2019 Construction! Central Air / Heat! Balconies! Gated Covered Parking! Bike Parking! On-Site Laundry! Walk Score: 95

Los Angeles, 742 South Westlake

Price: $15,000,000
Units Total: 37
Lot Size: 14,984
Living Area: 29,600
Year Built: 2019
Parking: 55
Days on Market: 148
Description: Manali Residence is a brand new, 2019 constructed, 37 Unit apartment building has been designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057. Manali Residence provides easy access to the Red and Purple Lines at 7th St. And Westlake Ave., Metro Buses on 7th Street and Westlake, as well as 8th St. And Westlake and Blue LA. The Home Depot, Starbucks and other cafes and bakeries, as well as famous Langer’s Deli on 7th and Alvarado are within close proximity of the building. K-Town to the west and Downtown LA on the east provide ample job opportunities as well as entertainment nearby. The Manali Residence features one street level parking area, accessible from the alley at the back of the building, and one level of underground parking from Westlake Avenue for a total of 55 automobiles and 41 bicycles. The Unit Mix consist of 10 (ten) Studios, 9 (nine) 1-Bedroom and 1-Bathroom units, 14 (fourteen) 2-Bed and 1.5-Bath units, and 4 (four) 3-bedrooms and 2.5-Bath units, distributed throughout four stories around a central courtyard. The building is naturally well illuminated and ventilated. It is aesthetically designed with drought resistant and low maintenance landscaping on all four sides, as well as the central courtyard and roof top lounge on the 5th floor.

Pasadena, 251 North Oakland Avenue

Price: $14,350,000
Units Total: 27
Lot Size: 20,718
Living Area: 17,370
Year Built: 1954
Parking: 25
Description: THE ARROYO COLLECTION, a two-property portfolio totaling 27-unit apartment investment opportunity in the City of Pasadena, CA. The portfolio is located within the Pasadena Playhouse District, south of 210 Freeway and just within walking distance to Old Town Pasadena area. The properties offer an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the SGV. The properties, all of which have been completely renovated and seismically retrofitted, offer a solid mix of courtyard layouts, in-unit laundry and multiple on-site laundry facilities for, and are well-parked with 25 total parking spaces, nearly all of which are covered. The properties are separately metered for gas and electric, and each property is serviced by new central water heaters. Units are spacious and offer an in-unit combo washer / dryer, stove, dishwasher, garbage disposal, ample closet and storage space, ceiling fans, and new mini-split HVAC systems for heating and cooling. All of the units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades, new high durability wood vinyl and tile flooring, new windows, state of the art mini-split HVAC systems, new kitchens, which include new cabinets, quartz countertops, and new stainless steel appliances, and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. A new owner is presented with the security of in-place master leases for both properties.

Venice, 1216 ABBOT KINNEY

Price: $14,000,000
Units Total: 2
Year Built: 1922
Days on Market: 27
Description: Extremely rare opportunity to purchase three contiguous lots on the best part of Abbot Kinney Blvd. This development site is located in the center of the hottest retail and restaurant block of Abbot Kinney. This sale includes all three parcels located at 1216-1222 Abbot Kinney. Over 90 ft of frontage on Abbot Kinney Blvd. No showings. Drive by only. Please contact listing agent for full marketing package.

Los Angeles, 449 South Le Doux Road

Price: $13,500,000
Units Total: 18
Lot Size: 11,704
Living Area: 0
Year Built: 1962
Parking: Yes
Days on Market: 19
Description: 449 South Le Doux is an 18-unit, garden-style apartment community in one of the most highly desirable areas in Los Angeles, California. Built in 1962, the property is situated on an 18,205.7 square foot lot and encompasses a building size of 30,417 sq.ft. This single, three-story urban building features a stucco exterior with composition shingle roof. The property features an excellent unit mix of one-, two-, and three-bedroom units with an average unit size of 1,502 each. Most units have been renovated with washer / dryer. 449 South Le Doux is well maintained and professionally landscaped with mature shade trees and colorful raised flowerbeds. The property features a swimming pool with large sundeck, controlled access entry, large lobby with fireplace, on-site laundry and 32 gated garage parking spaces.

Anaheim, 150 North Coffman Street

Price: $13,250,000
Units Total: 37
Lot Size: 63,162
Living Area: 42,000
Year Built: 1989
Parking: 96
Days on Market: 21
Description: Rarely offered prime 37 unit multifamily complex in Anaheim, California. The property consists of a highly desirable unit mix of 24 – 3 BD / 2BA, 13 – 2 BD / 2 BA, and 1 – 2BD / 1 BA manager’s unit. Built in 1989, each unit has central HVAC, its own water heater, and is separately metered for electricity and gas. The apartment complex expenses are low since the tenants pay for their own electricity, gas, and trash. There is a one level secured subterranean parking garage with 96 spaces including 5 electric charging stations (2.6 spaces per unit). All units have balconies and the upstairs units feature high vaulted ceilings throughout. Manager’s unit is not permitted.

San Clemente, 618 Avenida Victoria

Price: $13,000,000
Units Total: 15
Lot Size: 69,707,500
Living Area: 11,000
Year Built: 1921
Parking: 10
Days on Market: 385
Description: Unique opportunity to acquire an iconic property in San Clemente’s highly sought-after Pier Bowl, located steps from world class beaches, restaurants, shopping, hotels, and other tourist draws. The Subject Property is located in the beach community of San Clemente (South Orange County) with easy access to Interstate 5, blocks from Downtown San Clemente (Del Mar Street) and directly adjacent to the San Clemente Pier. 618-630 Avenida Victoria is situated near the westernmost point of Avenida Victoria and just to the south of a city-controlled public parking lot of more than 165 stalls. The property is approved for short term vacation rentals (STAR / STLU) subject to City application and approval. San Clemente is known for it’s year-long Mediterranean climate, convenient transit (Amtrak-Metrolink directly adjacent) and sandstone bluffs with camping / day-use state beaches. To the immediate west, a 2.3 mile beach trail draws residents and tourists to the Pier that beginning at North Beach and ending at San Clemente State Beach.

Studio City, 12659 MOORPARK Street

Price: $12,650,000
Units Total: 28
Lot Size: 35,458
Living Area: 33,384
Year Built: 1969
Parking: Yes
Days on Market: 369
Description: Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. In a prime picket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained by the same family for over 2 decades, and several of the units have been updated w / hard surface flooring, stainless-steel appliances and other amenities. All but four of the units have town-home style layouts, with the bedrooms located upstairs and the living spaces situated on the ground floor. Tongue-and-groove ceilings, exposed beams, and other mid-century period details, imbue the units with charm and character. The roof was replaced in 2015. Unit mix consists of fourteen 1 + 1 bath units, 10 2 + 2 units and four 3 + 2.5 bath units.

Sunland, 8608 FOOTHILL

Price: $12,550,000
Units Total: 38
Lot Size: 47,711
Living Area: 0
Year Built: 1983
Parking: Yes
Days on Market: 81
Description: Parkview East Apartments is a two-story, garden-style community in Sunland, CA. Built in 1983, the 38-unit community consists of an excellent mix of two studios, six two-bedroom, one-bathroom, twenty-six two-bedroom, two-bathrooms, and four three-bedroom, two-bathroom units. Each unit features a fully equipped kitchen with stoves, ovens, refrigerators, garbage disposals and dishwashers. Tenants also benefit from central air conditioning and heating and private patios or balconies which conveniently include a private storage closet. The property has recently been painted and beautifully landscaped to highlight the courtyard with gated swimming pool and spa. Additionally, there is an on-site laundry facility and reserved parking. Parkview East is a well-maintained community in a great location with easy access to major arterials and freeways. The property is also conveniently located across the street from the Sunland Recreation Center.

2400 Palos Verdes Drive

Price: $12,495,000
Units Total: 24
Lot Size: 24,469
Living Area: 23,361
Year Built: 1961
Parking: 24
Days on Market: 273
Description: Lunada Bay is a picturesque seaside residential community within the city of Palos Verdes Estates. Known for award winning public schools, plenty of parks and green spaces, trails and incredible views. This building is comprised of 8 one bed / one bath, 9 two bed / two bath, 5 two bedroom / 1 bath and 2 three bed / two bath units. Most units have been updated with granite counters, travertine stone, upgraded cabinets, carpet and paint. All units have fireplaces with gas logs. Immaculate, lush grounds with pool and laundry on the premises. Some units have ocean views perfect for watching the beautiful South Bay sunsets.

Laguna Beach, 729 Ocean Front

Price: $11,800,000
Units Total: 8
Lot Size: 8,398
Living Area: 4,800
Year Built: 1960
Parking: 8
Days on Market: 134
Description: A renowned community of eight ultra-luxurious vacation rentals located right on the Pacific Ocean in one of California’s most beautiful coastlines in Orange County’s spectacular Laguna Beach. The Retreat’s intimate Tuscany-esque village environment sets it apart from other Laguna Beach vacation rentals. At the heart of the village is its “village square”, a well-appointed ocean view deck – the perfect Laguna Beach gathering spot. The Retreat in Laguna is just a few blocks away from historic downtown Laguna Beach where guests can explore all of the galleries, restaurants or gift shops.

Encino, 5505 ZELZAH Avenue

Price: $11,500,000
Units Total: 28
Lot Size: 0
Living Area: 0
Year Built: 1978
Parking: Yes
Days on Market: 345
Description: HUGE PRICE REDUCTION-27 + 1NC (rent capped-C of O dated 1979) Upgraded Units in Encino with a 4.4% Cap Rate. It is leased almost 100% as 2 Bedroom Units with Washer / Dryer hookups in every unit. The property is being offered at a 4.4% Cap Rate and if you acquire the asset with a 5 year fixed loan available at 3.95% (i / o) Interest Only for the first 3 years the pre-tax cash flow would start at 5.01%. Recently a 2 Bedroom unit was leased above our market rents which proves that you could potentially achieve a 5.24% Cap Rate (with the loan fully amortized) just by increasing rents to market. Thus after you raise rents and switch to an Amortized loan you would have 4.55% Cash on Cash. This is an excellent return for a turn-key property that is in an A + location with upgraded interiors.

Los Angeles, 162 South AVENUE 55

Price: $11,400,000
Units Total: 30
Lot Size: 0
Living Area: 0
Year Built: 1963
Parking: Yes
Days on Market: 27
Description: 162 South Avenue 55, in Los Angeles, CA 90042. Built in 1963 and renovated in 2019, this 30-unit turnkey property totals 24,864 sq.ft in the heart of Highland Park just east of North Figueroa Street. Surrounded by contemporary landmarks and dining destinations on the Figueroa Street corridor, the subject property is a community that offers residents all that Highland Park has to offer. This offering presents an investor the opportunity to purchase a turnkey, stabilized asset with meticulous renovations and spacious units. At the asking price, the GRM on current income is 14.08 with a 4.63% CAP rate. Large units of approximately 748 sq.ft for one-bedrooms and over 1,000 sq.ft for the two-bedrooms as well as renovations in excess of $1 MM that include new flooring, stainless steel appliances, quartz countertops, high-end cabinetry, modern light fixtures, meticulous tile bathrooms and air conditioning and heat in every unit will allow an investor to achieve pro forma rents with minimal improvemen