Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 888 HILGARD Avenue

Price: $49,500,000
Units Total: 60
Lot Size: 22,396
Living Area: 55,292
Year Built: 1976
Parking: Yes
Days on Market: 4
Description:

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: 43
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

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: 181
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.

Los Angeles, 920 South Hill Street

Price: $20,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 191
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: $18,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 192
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: 113
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: 183
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.

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: 33
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, 2037 South Coast

Price: $11,849,000
Units Total: 16
Lot Size: 8,712
Living Area: 10,800
Year Built: 1969
Parking: 16
Days on Market: 39
Description: 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.

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: 145
Description:

Northridge, 18528 CHASE Street

Price: $10,600,000
Units Total: 28
Lot Size: 19,315
Living Area: 32,058
Year Built: 2017
Parking: Yes
Days on Market: 14
Description: The subject property is a twenty eight unit apartment building recently completed in 2017. The owner and developer took pride in constructing this contemporary, low maintenance property with attractive tenant amenities and energy efficient features. With a Certificate of Occupancy issued in June 2017, the property is currently fully occupied with one year leases in place. The property is located in a solid Northridge location. Located just west of Reseda Boulevard and just north of Roscoe Boulevard, the property is adjacent to Vallarta Market and steps to Reseda Boulevard with plenty of retail, shopping and public transportation. Within walking distance of the property is Northridge Hospital Medical Center. A short driving distance away is the Cal State Northridge, Northridge Metro Link Station and the Northridge Fashion Center.

Tarzana, 6251 RESEDA Boulevard

Price: $10,500,000
Units Total: 52
Lot Size: 58,883
Living Area: 0
Year Built: 1960
Parking: Yes
Days on Market: 11
Description: Value-Add Opportunity. Approx. 28% upside potential. 6251-6267 Reseda Blvd, Tarzana, CA 91335 with APNs 2127-012-007 and 2127-012-008 is a 52-unit apartment property located in the San Fernando Valley neighborhood of Tarzana, just one mile north of Ventura Boulevard. Built in 1960, the Property has been owned by the same family for almost 20 years. The current ownership lightly upgraded a handful of units with new laminate flooring and paint and achieved significantly higher rents. If a buyer were to upgrade the units further and bring all the tenants to market, the upside potential is approximately 28% and the cash-on-cash return is approximately 5%. Reseda Gardens features a swimming pool and a well-manicured lawn in a courtyard-style building. The community is gated with carport parking. Two units feature central heat and air and some units have a balcony or patio. Priced below replacement costs. 3 min drive to 101 Frwy, 5 min drive to Ventura Blvd. 3 min walk to Metro Orange.

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: 154
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!

Venice, 2217 Marian Place

Price: $10,000,000
Lot Size: 11,296
Year Built: 1923
Parking: 0
Days on Market: 46
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.

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: 89
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.

Van Nuys, 6833 SEPULVEDA

Price: $9,450,000
Units Total: 56
Lot Size: 27,998
Living Area: 32,082
Year Built: 1967
Parking: Yes
Days on Market: 15
Description: 6833 Sepulveda Boulevard is a 56-unit, three-story, three building property built in 1967 with an inviting courtyard setting. Constructed of wood frame with stucco exterior and flat roofs with composition shingles on the side, the three buildings total 32,082 sq.ft and sit on a 27,878 square foot lot, which is zoned for LAR3. The property offers a great unit mix of 54 one-bedroom / one-bathroom units, one studio / one-bathroom unit and one two-bedroom / one-bathroom unit. The property is individually metered for gas, electricity, and master metered for water. Buyer to assume current loan which is approximately $5,667,565 at 4.10% fixed for 7 year with Chase Bank. Buyer may elect to purchase cash to new loan but would be responsible for prepayment penalty of 5%.

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: 167
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: 236
Description:

14960 CLARK Avenue

Price: $8,800,000
Units Total: 24
Lot Size: 49,975
Living Area: 24,032
Year Built: 2004
Parking: Yes
Days on Market: 41
Description: We are pleased to present the opportunity to acquire 14960 Clark Avenue, a 25-unit, non-rent controlled apartment community locatedin the city of Hacienda Heights. Built in 2004 and professionally managed, the property is well maintained with an excellent unit-mix. The subject property offers residents luxury finishes with tasteful modern appointments. The improvements feature secured covered (select units) onsite parking, on-site laundry, and central air-conditioning. The property consists of one 2BR / 1BA (two-bedroom / one-bathroom) unit, 10 3BR / 1BA (threebedroom / one-bathroom) units and 14 3BR / 2BA (three-bedroom / two-bathroom) units. Residents benefit by being adjacent to City of Industry which is in the forefront of Southern California’s growing industrial development with a large daily workforce while still being located in Hacienda Heights which is a family community with homes nestled in the foothills.

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: 160
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.

8225 FOUNTAIN Avenue

Price: $8,500,000
Units Total: 7
Lot Size: 7,995
Living Area: 9,330
Year Built: 1926
Parking: Yes
Days on Market: 32
Description: The Patio del Moro: A ONE OF A KIND 7 Unit Apartment Building located at 8225 Fountain Ave, in the City of West Hollywood, California, 90046. This A + located property consists of extremely large units with an excellent unit mix of 1 three-bedroom two-bathroom unit, 1 three-bedroom one-bathroom unit, 2 two-bedroom 1.5 bathroom units, 1 two-bedroom one-bathroom unit, and 2 one-bedroom one-bathroom units ranging from approximately 1,000-1,725 SF The apartments of the Patio del Moro are an exquisitely detailed and elegant combination of exposed wood ceilings, large walls of whitewashed plaster, ornamental tiles, horseshoe and pointed arches, and fireplaces adorned with a crescendo of peacocks and vines in white plaster relief. A long, narrow building, the Patio del Moro fronts Fountain Avenue with a tall, flat, pink wall.

1757 North KINGSLEY Drive

Price: $8,250,000
Units Total: 26
Lot Size: 18,096
Living Area: 12,959
Year Built: 1968
Parking: Yes
Days on Market: 95
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.

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: 90
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: 92
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.