Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Inglewood, 9301 CRENSHAW

Price: $28,896,000
Units Total: 80
Lot Size: 144,956
Living Area: 81,243
Year Built: 1955
Parking: Yes
Days on Market: 110
Description: DO NOT SPEAK TO TENANTS OR MANAGER / NO PREVIEWS OR OPEN HOUSES / HANDLE WITH CARE, PROFESSIONALISM, and BE DISCREET! This is one of the most sought after real estate investment opportunities in the non-rent control South Bay community of Inglewood / 20 adjacent 4-plex apartment homes each on their own separate 7,200 + sq. Ft. Parcel zoned R3 / A total of 80 units / 144,956 sq. Ft. Combined lot or 3.3 acres zoned R3 / All 2 bedroom, 1 bathroom units at approximately 950 sq. Ft. / Approximately 45% or more upside in rental income / First time on the market in over 40 years / Located in one of the fastest growing real estate markets / Just blocks away from the Forum, the Hollywood Park Redevelopment and NFL Stadium / New roofs, carport and garage parking, patios, and laundry

Los Angeles, 957 South Broadway

Price: $18,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 259
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.)

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: 180
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.

116 Paseo de la Concha

Price: $13,900,000
Units Total: 20
Lot Size: 17,746
Living Area: 16,340
Year Built: 1960
Parking: 20
Days on Market: 10
Description: 20 UNIT APARTMENT BUILDING AT THE BEACH! This highly sought after 16,340 sq. Ft. Hollywood Riviera apartment building is located between Paseo de la Playa and Calle Miramar at Torrance Beach. Comprised of 12 one bedroom / one bath units and 8 two bedroom / one bath units. VIEWS: 4 units have views; 2 units have balcony views; 2 units have partial balcony views. Most units have been upgraded: some kitchens have travertine stone, granite counters, upgraded cabinets and microwave hoods above stove; some bathrooms have upgraded countertops. Pool and laundry on premises. Separate electric meters. Twenty assigned parking spaces: 19 tuck-under subterranean spaces and 1 enclosed garage space. Landlord pays water, gas and Time Warner Cable TV. Tenant pays electric, internet and phone.

Los Angeles, 2656 ELLENDALE Place

Price: $13,000,000
Units Total: 24
Lot Size: 20,700
Living Area: 20,804
Year Built: 1963
Parking: 0
Days on Market: 11
Description: This listing includes two 12 unit buildings located at 2652 and 2656 Ellendale Place. The buildings are located in the University Park Area of USC, the most sought after student housing area at the school, and within walking distance to the campus, local shops and restaurants. The property amenities include: BBQ / Picnic area, bicycle racks, on-site laundry, gated parking for 38 cars and controlled security access. The unit amenities include: air-conditioning, dishwashers, microwaves, garbage disposals, refrigerators, 2 mini-refrigerators, quartz countertops, pedestal sinks in bathrooms, flat screen televisions, internet / basic cable, ceiling fans and hardwood-style flooring.

1520 North El Camino Real

Price: $12,950,000
Units Total: 22
Lot Size: 20,489
Living Area: 28,311
Year Built: 2010
Parking: 42
Days on Market: 99
Description: Venetian Villas – Located in one of the premier beach cities in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in the heart North Beach San Clemente. Built in 2010, this Montecito / Ole Hanson inspired designed building, features sixteen (16) spacious 2 bedroom 2 ½ bathroom villas and six (6) ground floor commercial suites. Each residential villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms, in-unit laundry, private patios with mountain, city and ocean views. Relax and enjoy the rooftop lounge / observation deck with panoramic Pacific Ocean and Sunsets views. Elevator service whisks you to / from secured / gated parking structure to each / all floors. A short stroll to the beach, walking trails, dining, Metro Transit Station and ample shopping at the recently completed Outlets, the high Walk Score location (73) presents a uniquely rare opportunity to own a high-quality asset, capitalize on below market rents / built-in intrinsic value, and benefit from the high demand for Orange County Lifestyle Living on the coast.

Laguna Beach, 31954 Coast Highway

Price: $12,000,000
Units Total: 4
Lot Size: 3,920
Living Area: 1,500
Year Built: 1980
Parking: Yes
Days on Market: 36
Description: Breathtaking 180 degrees of Ocean and mountains views! Must have location! With newer homes and lovely bungalow homes at the prime location of PCH and 8th street. Near the Montage Resort, hospital, supermarket, many stores, and private beach! High income for all four properties. Sale includes 31959,31957 Virginia Way. “2 of newer” home is 2229 sq.ft, other two bungalow is about 1500 sq.ft. And 1200 sq.ft.

Los Angeles, 11400 CULVER

Price: $11,500,000
Units Total: 21
Lot Size: 12,018
Living Area: 27,417
Year Built: 2018
Parking: Yes
Days on Market: 42
Description: 21 Unit NON-RENT CONTROLLED. Completed in 2018.18 out of 21 unit are leased up. Contact listing agent for excel break down of actual and projected rents. Property is approximately 16,000 sq. Ft. Gross, plus a 10,000 sq. Ft. Two level garage. *Property will be sold with deed restriction preventing it from being converted to condos for 10 years from date of CofO.

Laguna Beach, 2037 South Coast

Price: $10,990,000
Units Total: 16
Lot Size: 8,712
Living Area: 10,800
Year Built: 1969
Parking: 16
Days on Market: 106
Description: **Now on AUCTION forum thru TenX auction. Please go to website in tour URL for auction information on Woods Cove Villas ”Auction Bid dates between 4/9 and 4/1l. ** Location, Location, Location. This Trophy property on the ocean side of Coast Highway in prestigious Woods Cove Laguna Beach is truly a one of kind investment that has it all! Just moments from the famous Montage Resort and Downtown Laguna Beach, this 16 unit mixed-use investment opportunity is comprised of 14 remodeled units and 2 retail spaces nestled behind a private gated entry. Extensively remodeled in 2006 this rare offering features 4 townhome style 2 bedroom units each with their own roof top decks with panoramic coastal and Catalina Island views. There are also 10 One bedroom units boasting private ocean view decks and the sound of the surf. Each unit is updated and some include stack washer / dryer and refrigerator. The gated entry and gated subterranean parking provides additional privacy for this prestigious property. An open air courtyard highlights the style and natural lighting within in this inviting property that enjoys ease of access to resorts, beaches and coves, Trolley services, dining and shops that define the Laguna Beach lifestyle.

Manhattan Beach, 2208 The Strand

Price: $10,500,000
Units Total: 4
Lot Size: 3,512
Living Area: 5,193
Year Built: 1972
Parking: 9
Days on Market: 24
Description: This is THE STRAND income property *HOLD or BUILD* opportunity you’ve been waiting for! On what is arguably the most coveted beach front street in Southern California, you’ll enjoy unprecedented appreciation with 100% year round tenancy! You can invest in capital improvements immediately (possibly significantly increase the finished square footage on the 3rd and 4th levels) and can always Build your Dream Home in the future! The existing 4 unit property has a combined 5193 interior sq ft with (3) 2 Bed, 2 Bath units and (1) 3 Bed, 2 Bath unit. Totaling 9 beds, 8 baths, and 9 covered parking spaces, this beachfront STRAND property will be rented year round at top of market rents! Current Gross rents $18,530 / mo or $216,800 / yr.

9949 Sepulveda Boulevard

Price: $10,000,000
Units Total: 42
Lot Size: 37,462
Living Area: 32,162
Year Built: 1979
Parking: Yes
Days on Market: 23
Description: The Montecito North and South is a 42 unit Non Rent Controlled Apartment Community in Mission Hills (Los Angeles) California. Consisting of two separate buildings and lots, 9949 Sepulveda is a 23 unit apartment building and 9969 Sepulveda is a 19 unit apartment building. Both properties have had the earthquake retrofit work completed. Featuring Studios, One Bedroom (3 are Townhouses), Two Bedroom One and Two Bath the unit mix is well balanced. Each building has a laundry room and there are a total of 81 parking spaces, both tuck under and open, for the tenants. Tremendous rental upside exists as The Montecito North and South can have unit interiors upgraded and rents increased.

Venice, 2217 Marian Place

Price: $10,000,000
Units Total: 0
Lot Size: 11,296
Living Area: 0
Year Built: 1923
Parking: 0
Days on Market: 113
Description: ONCE IN A LIFETIME DEVELOPMENT OPPORTUNITY, to obtain one of the largest contiguous LAR3 parcels in Venice sold as a package. Prime corner location containing over 18,000 sq.ft of LAR3 zoned property located between Lincoln Blvd., and Abbot Kinney with rear alley access. The parcels contain 3 single family homes plus 4 units that are rented.

Temecula, 36506 Via Verde

Price: $9,999,999
Lot Size: 430,373
Living Area: 16,000
Year Built: 1987
Parking: Yes
Days on Market: 16
Description: This established operating winery is located right on the De Portola Wine Trail in the very heart of the Temecula Wine Country. There are over thousands of wine club members and the winery has a fine reputation as an entertainment venue. A jazz band plays at the spacious covered patio overlooking the valley on weekends. This winery is a very popular location for weddings, family reunions and corporate events. Being the only dug-in wine cave into the hill in Southern California, the wine cave has over 10,000 sq.ft of indoor space to hold parties. The current annual production is about 9,000 cases and the wines have won several leading awards. There are 10 acres of land with the following grape varietals planted since 2005: 1.3 acres Merlot, 1.25 Pinotage, . 279 Mourvedre, . 465 Primativo, . 397 Petite Verdot, . 3 Petite Sirah, 1.25 Cabernet Sauvignon, 1 Malbec and 2.2 Cabernet Franc. The winery business has all the licenses required to operate and is in a sound financial footing. Along with wine-making equipment, there is also a kitchen to cater food for the events held on site.

2270 North Beachwood Drive

Price: $9,500,000
Units Total: 21
Lot Size: 21,780
Living Area: 17,380
Year Built: 1928
Parking: 21
Days on Market: 156
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.

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: 234
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. 9 of the 12 units have been completely remodeled. All units have new windows and new heating and air conditioning. Each building has a coin operated laundry room. Complex is fully gated with intercom system.

Anaheim, 2750 West Yale Avenue

Price: $9,100,000
Units Total: 35
Lot Size: 46,174
Living Area: 28,837
Year Built: 1966
Parking: 12
Days on Market: 25
Description: The Adelphi located at 2750 West Yale Avenue is a 35-unit multifamily investment property in the city of Anaheim, California. Residents enjoy the property’s close proximity to schools, shopping centers, and major employers. Situated on a 1.06-acre lot, the 28,837 square foot property consists of one-, two-, and three-bedroom floor plans averaging 824 sq.ft. Built in 1966, the property offers an attractive range of community features including carport and garage parking, controlled access, a spacious courtyard, a sparkling swimming pool, and on-site laundry.

1122 North HAYWORTH Avenue

Price: $8,900,000
Units Total: 24
Lot Size: 17,153
Living Area: 9,767
Year Built: 1960
Parking: Yes
Days on Market: 10
Description:

1757 North KINGSLEY Drive

Price: $8,150,000
Units Total: 26
Lot Size: 18,096
Living Area: 0
Year Built: 1968
Parking: Yes
Days on Market: 162
Description: 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 counter tops, 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.

Los Angeles, 1383 Midvale Avenue

Price: $8,000,000
Units Total: 8
Lot Size: 7,742
Living Area: 4,546
Year Built: 1941
Parking: 10
Days on Market: 2
Description: Great opportunity for Builders or Developers, prime Westwood location, close to university, shopping, restaurants, park and freeway. This, fully rented, 8 units building is finally for sale. The front building has 2 multi-level units with 2 bedrooms and 2 baths each. The back building consists of 4,1 bedroom, 1 bath and 2 Studios. These building was renovated about 3 years ago and most of the units have the original hardwood flooring. There are 6 parking spaces in the back and 1 car garage in the front with a parking spot on the driveway. There is a laundry room between the front building and the back building. These units are very easy to rent during school enrollment. Come check it out and make an offer. Please do not disturb or ask the tenants about this listing. This property falls under Los Angeles Rent Control. Please verify all information. Financial data are estimates.

Los Angeles, 8736 Venice Blvd

Price: $7,695,000
Units Total: 8
Lot Size: 8,176
Living Area: 10,733
Parking: 0
Days on Market: 11
Description: Incredible opportunity to acquire a 2016 built, non-rent control asset in prime Los Angeles. This project has 4 buildings that consist of 8 total units (3 x large studios, 1 x one bedroom, 3 x two-bedroom plus den, 1 x three-bedroom). ALL UNITS ARE CURRENTLY VACANT. VERY EASY TO LEASE OUT. All units have modern features including: open oor plans, high ceilings, recessed LED lighting, frameless windows, stainless steel appliances, washer / dryers, central air and heat, large outdoor space, and tons of parking. The upper units have amazing city views, as well. All utilities are individually metered except the water is every 2 units. This project is legally 4 duplexes with 4 separate APNs, which makes it possible to sell a duplex individually. Next to Helm’s Bakery, Father’s Office, The Platform, Culver City Art’s District, downtown Culver City, Expo line Metro stop, 10 and 405 Freeways.

Marina del Rey, 3806 OCEAN FRONT

Price: $7,650,000
Units Total: 2
Lot Size: 3,641
Living Area: 4,521
Year Built: 1968
Parking: 6
Days on Market: 92
Description: Rare opportunity to own an OCEAN FRONT DUPLEX on the Marina Peninsula! Built in 1968, all units have been remodeled and feature unobstructed ocean views. Unit #1 is on the ground floor and has direct access to the beach. Unit #2 is located on the second floor with floor to ceiling windows overlooking the ocean. Both ocean front units have fireplaces in the living room. There are two guest rooms in the rear of the building on the second floor. All units will be delivered vacant. The building has brand new heating and air conditioning.

9237 Wakefield Avenue

Price: $7,600,000
Units Total: 12
Lot Size: 31,500
Living Area: 22,200
Year Built: 2017
Parking: 30
Days on Market: 65
Description: BRAND NEW 2017 CONSTRUCTION. Property is comprised of 12 detached SFR homes, each approximately 1,850 sq.ft with 4 bedrooms and 3.5 bathrooms and two-car direct-access garages. Many luxury finishes, including: laminate wood flooring, quartz counters in kitchen and bathrooms, shaker cabinets with soft-close drawers, Grohe plumbing fixtures, glass mosaic tile backsplashes, and stainless steel appliance package. The property is conveniently situated near many retail, dining, and entertainment options. Nearby Sepulveda Recreation Center, Hansen Dam Recreation Center, and Sepulveda Basin Recreation Area offer hundreds of acres of open space, including large grassy areas, playgrounds, sports and swimming facilities, and paths for walking and biking. Central location near the 5,405,210,118, and 170 Freeways as well as Metrolink stations means convenient access throughout The Valley and Greater Los Angeles. The property is in the final stages of construction and CofO is expected by the end of February 2018.

Long Beach, 2333 East 5th Street

Price: $7,000,000
Units Total: 22
Lot Size: 13,008
Living Area: 13,996
Year Built: 1963
Parking: 12
Days on Market: 67
Description: The East Fifth Street Apartments is comprised of two buildings consisting of eighteen-one bedroom units, four-two bedroom units, twelve private garages and a well-maintained central courtyard. The property has 19 of the 22 unit remodeled with high end finishes–offering investors a turn-key asset. The building is located in the trendy Retro Row neighborhood and walking distance to 4th Street restaurants, coffee shops, shopping and nightlife venues.

1326 LONDONDERRY VIEW Drive

Price: $6,950,000
Units Total: 9
Lot Size: 9,122
Living Area: 10,502
Year Built: 1938
Parking: Yes
Days on Market: 157
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)