Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 957 South Broadway

Price: $50,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 21
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.)

Glendale, 310 North Cedar Street

Price: $28,880,000
Units Total: 80
Lot Size: 26,552
Living Area: 70,632
Year Built: 1972
Parking: 105
Days on Market: 17

Sherman Oaks, 15009 MOORPARK Street

Price: $20,750,000
Units Total: 45
Lot Size: 21,218
Living Area: 42,453
Year Built: 1984
Parking: Yes
Days on Market: 156

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: 10
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.

El Segundo, 910 East GRAND Avenue

Price: $17,800,000
Units Total: 35
Lot Size: 9,452
Living Area: 30,326
Year Built: 1979
Parking: 65
Days on Market: 98
Description: Please do not disturb tenants with walking the property without Owners Approval. DRIVE BY ONLY!

Los Angeles, 147 South DOHENY Drive

Price: $17,500,000
Units Total: 21
Lot Size: 11,142
Living Area: 25,900
Year Built: 2007
Parking: Yes
Days on Market: 103
Description: 147 S. Doheny Drive is a rare opportunity to own a luxury building in one of the most sought after areas of Los Angeles. This 21 unit building is adjacent to Beverly Hills and across from the Four Seasons Hotel. 147 S. Doheny was designed for condominiums, as each unit has open floor plans, pre-wired alarm systems and in-suite washers and dryers. The units also include features such as stainless steel appliances, designer wood laminate floors, granite countertops along with walk-in closets. Great unit mix of (20) two bedroom / two bath units and (1) non-conforming unit. There is also upside with current rents. Don’t miss out on an opportunity to own on one of the nicest and most recognized streets in all of Los Angeles. For complete setup, click Docs above.

683 Sleepy Hollow Lane

Price: $16,500,000
Units Total: 8
Lot Size: 10,019
Living Area: 7,000
Year Built: 1996
Parking: 8
Days on Market: 201
Description: Sunset Cove Villas: Poised on one of the most magnificent stretches of the California Coastline, 683 Sleepy Hollow presents a unique investment opportunity to own eight luxury beach front villas in the heart of Laguna Beach. Offering the utmost in accommodations, the one, two and three bedroom suites provide spacious living with ample room for entertaining and relaxing. The villas blend contemporary elegance with luxury and comfort and are designed to take full advantage of the stunning ocean views from both the interiors, as well as the outdoor patio areas. Each luxury villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms and private patios. Relax upon the serene observation deck, enjoy the panoramic views of the Pacific Ocean and Catalina sunsets – an ideal space for entertaining. The beautifully designed building provides garage parking for guests as well as private steps to the sand. Stroll along Laguna’s Main Beach, and to downtown’s shopping and dining make these accommodations perfect for discerning travelers.

16867 KINGSBURY Street

Price: $14,500,000
Units Total: 70
Lot Size: 69,394
Living Area: 60,451
Year Built: 1971
Parking: Yes
Days on Market: 45
Description: The subject property is a seventy unit apartment building located in the desirable location of Granada Hills. The property was built in 1971 and is subject to rent control. There is an excellent unit mix of forty seven One Bedroom / One Bath units and Twenty Three Two Bedroom / Two Bath Units. The units are very spacious and have central air conditioning and heat. The property is in a park-like setting and lies on over one and half acres of land. Residents enjoy a nice amenity package such as pool with lounge area and BBQ, recently renovated entrance with intercom access, covered and open parking and an on-site laundry facility. This is a unique opportunity to own a larger apartment building in a submarket where properties rarely come available. With below market rents at the property, a new owner should be able to increase cash flow significantly by implementing unit renovation’s as units turn.

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: 11
Description: 2015 Brand New Luxury Condo Style Apartments in prime Korea Town / Hancock Park Adjacent area. Modern Contemporary units with hardwood floors, new appliances, high ceilings, large windows for bright and airy feel and much more. Walking distances to shops and restaurants. Conveniently located to the freeways, Larchmont Village, Downtown and Hollywood. Don’t miss this opportunity to occupy 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.

Studio City, 10944 Bluffside Drive

Price: $13,750,000
Units Total: 40
Lot Size: 26,949
Living Area: 20,628
Year Built: 1983
Parking: 40
Days on Market: 255
Description: Huge Reduction! First time Offered for Sale by Developer Owners! Prime Studio City Location just steps from Ventura Blvd. Rare Opportunity to acquire a classic Hacienda style 40 unit Apartment Building on R-4 High density property. This Complex was built in 1983 and is NOT subject to Rent Control allowing for significant and immediate rental upside. Well maintained and freshly painted this building features 40 Studio / Jr 1 Bedroom units which are ALWAYS in HIGH DEMAND and FULLY RENTED. Present Owners have extensively remodeled 22 of the 40 units proving new rent rates and high demand. Upgrades included new paint, new wood floors, new tiled floors in Kitchen and Bath, new appliances, new bathrooms and more. All units have full kitchens with refrigerator, freestanding gas stove, microwave, stainless steel sink, garbage disposal and breakfast bar. Most units have gas fireplaces and nearly half have patios or balconies. Low maintenance Building keeps expenses down. Community laundry on premises. Close to all Major Studios, Freeways and Metro. A “Once in a Life time” offering.

117 North HAMILTON Drive

Price: $13,500,000
Units Total: 21
Lot Size: 13,006
Living Area: 25,686
Year Built: 1965
Parking: Yes
Days on Market: 9
Description: Pride of ownership first time on market in 45 years. 3 story mid-century elevator / subterrian parking building w / 21 units large units 31 parking space. All in excellent condition. Great mix of: (3) 2BD 1.75BA + Den, (3) 2BD 1.75BA, (3) 1BD 1.75BA + Den, (2) 1BD 1.5BA + Den, (6) 1BD 1.5BA, (4) 1BD 1BA. Great upside potential in great City of Beverly Hills location. Walk score. 92 with shops and restaurants and New Metro station in construction that are all a few minutes walk. Building contains unused sq footage that may allow for future enlarging of several units. Cap rate includes property taxes based on list price.

Los Angeles, 449 South LE DOUX Road

Price: $13,500,000
Units Total: 18
Lot Size: 11,704
Living Area: 30,417
Year Built: 1962
Parking: Yes
Days on Market: 98
Description: Price Just Reduced by $1 Million. Irreplaceable Location; Rare opportunity to purchase a 30,417± SF apartment community in a phenomenal West LA location; Located near the intersection of Burton Way and La Cienega Boulevard, across the street from the SLS Hotel; Walking distance to Cedars Sinai Medical Center, the Beverly Center and La Cienega’s famed “Restaurant Row”; Nearly 50% rental upside potential with mostly exterior and common area improvements; bring rents to market as apartments turnover; Potential for condominium conversion exit – Condominiums of similar vintage and size in the area are selling for over $1,250,000 per unit; Spacious units averaging 1,464± SF; all have balconies; Approximately half of the units have in-unit washer and dryer; Attractive architecture with great frontage; rear courtyard with pool. Rent information shown is average for one unit type. For complete rent roll visit the property website in Private Remarks.

Toluca Lake, 10311 RIVERSIDE Drive

Price: $13,500,000
Units Total: 39
Lot Size: 33,640
Living Area: 42,309
Year Built: 1971
Parking: Yes
Days on Market: 75
Description: Toluca Plaza is a 39-unit apartment community in a prime Toluca Lake location. With tremendous frontage and visibility on Riverside Drive, the property is nicely situated east of Cahuenga Boulevard and west of Clybourn Avenue and rests on two corners. Built in 1971, the property is subject to rent control. There is an attractive unit mix of 15 one -bedroom / one-bath units, 12 one-bedroom / one-bath plus Den units, six, two-bedroom / two-bath units and six, two-bedroom / one-and-a-half bath units. Located in one of the most desirable pockets in the San Fernando Valley, Toluca Plaza easily attracts residents with its convenient and central location. It’s walking distance to plenty of shopping, dining and entertainment on Riverside Drive. Some notable Los Angeles destinations are close by such as Universal Studios, Warner Brothers Studios, Universal City Walk, Hollywood Bowl, Griffith Park and the Los Angeles Zoo.

Laguna Beach, 2037 South Coast

Price: $13,250,000
Units Total: 16
Lot Size: 8,712
Living Area: 10,233
Year Built: 1969
Parking: 16
Days on Market: 61
Description: 2037 South Coast Highway is a 16-unit mixed-use investment opportunity located in Laguna Beach, California. Built in 1969 this well-maintained property features 14 multifamily units and two retail suites on an 8,500 square foot lot. The property offers exceptional ocean views, a spacious courtyard, controlled access, reserved garage parking and more.

4441 VINELAND Avenue

Price: $12,500,000
Units Total: 40
Lot Size: 26,273
Living Area: 34,547
Year Built: 1978
Parking: Yes
Days on Market: 108
Description: This property is a this forty-unit non-rent control apartment building in a beautiful residential neighborhood of West Toluca Lake, California.   The property consists of 27 one-bedroom / one-bathroom units, 4 one-bedroom / 1 bathroom with den units and 9 two-bedroom / two bathroom units.   The property offers gated subterranean parking, controlled access, on-site laundry facility and a pool.   The units feature garbage disposals, refrigerators, air-conditioning and open floor plans.   The property offers convenient access to the 101,134 and 170 freeways and is a short distance from the Universal / Studio City and North Hollywood Metro Red Line Stations.   The property is also walking distance to excellent restaurants, bars, cafes, retail shopping and entertainment options.

Whittier, 11510 Colima Road

Price: $11,050,000
Units Total: 49
Lot Size: 63,727
Living Area: 38,903
Year Built: 1964
Parking: 74
Days on Market: 10
Description: THIS SALE IS FOR 11510-11522 COLIMA RD – TOTAL 49-UNITS. The properties consist of 2 separate buildings on 2 separate parcels. 11510 Colima is a larger building with 41-units, and 11522 is an 8-unit apartment. None of the units have been extensively upgraded which provides prime opportunity for new owner to do complete unit upgrades and maximize its income potential. Most of the tenants are long-term tenants on month to month agreement and the properties are non-rent-control assets. Parking is provided by carports located on the east and north side of both buildings. There are a total 74 parking spaces with an entrance on Colima Road to access the property. 11510 Colima is a garden-style two-story building with center courtyard and parking area on each side and the back. It has 41-units and offers superb unit mix with one (1) x 4bed + 2bath, one (1) x 3bed + 2bath, three (3) x 2bed + 2bath, nineteen (19) x 2bed + 1bath and seventeen x 1bed + 1bath. It was built in 1964 with ±31,616 sq.ft building size and situated on a ±53,333 sq.ft lot. It has a long walkway, and center garden area. 11522 Colima is a garden-style two-story building with side courtyard and parking area in the front and back part of the building. It has 8 units and offers a very attractive unit mix of one (1) x 3bed + 3bath, five (5) x 2bed + 1bath, and two (2) 1bed + 1bath units. The 3 bed + 3bath unit is a townhouse style with private backyard and has been totally remodeled.

Valley Village, 12245 CHANDLER

Price: $10,500,000
Units Total: 34
Lot Size: 18,268
Living Area: 32,781
Year Built: 1971
Parking: 0
Days on Market: 51

Los Angeles, 1100 EXPOSITION

Price: $10,000,000
Units Total: 23
Lot Size: 42,875
Living Area: 39,881
Year Built: 1999
Parking: Yes
Days on Market: 21
Description: We are pleased to offer for sale seven (7) contiguous non-rent control apartment buildings, one block from the Exposition / Vermont Metro Station, and the internationally renowned University of Southern California (USC). This is the largest contiguous, development parcel left in the USC student housing submarket, and there are a total of seventy-six non-rent control (76) bedrooms. These two-story buildings were constructed of wood frame and stucco on a raised foundation built in the years of 1983-2002 with a square footage of 39,881 on a 43,000-square foot lot. The investment is not subject to rent control ordinance.

Bell, 6317 Flora Avenue

Price: $9,900,000
Units Total: 40
Lot Size: 66,211
Living Area: 35,970
Year Built: 1956
Parking: 40
Days on Market: 79
Description: Flora Avenue Apartments is a 40-unit apartment community located in the city Bell, California. Built in 1956, Flora Avenue Apartments represent an opportunity to acquire a mid-size apartment community in Los Angeles County that is not subject to rent control. The property is located on a quiet residential street near the intersection of Gage Avenue and Atlantic Avenue and consists of 10, two-story buildings totaling 35,970 sq.ft situated on a 1.52 acre lot. The property is comprised of 20, two-bedroom / one-bathroom units and 20, three-bedroom / one-bathroom units.

11312 HUSTON Street

Price: $9,900,000
Units Total: 14
Lot Size: 13,169
Living Area: 21,250
Year Built: 2011
Parking: Yes
Days on Market: 2

Big Bear, 40770 Big Bear Boulevard

Price: $9,500,000
Units Total: 42
Lot Size: 91,476
Living Area: 16,916
Year Built: 1969
Parking: 0
Days on Market: 154
Description: This three-story lake-front 42-room hotel is the de facto crown jewel among all of Big Bear Lake’s lodging facilities. The convenience of stepping into any water sports in a clean and safe private beach right outside the hotel rooms in the summer time and snow play in the winter is unrivaled anywhere around Big Bear Lake. Upscale dining, evening entertainments in the Village is just a short stroll away. Indoor / outdoor swimming pools, spas, boat dock and beach volley ball field, meeting rooms and lawn facilitates wedding events and family holidays. There is ample parking space in front. The hotel is independent with an excellent on-site management team.

Santa Monica, 1433 EUCLID Street

Price: $9,300,000
Units Total: 22
Lot Size: 15,017
Living Area: 14,698
Year Built: 1962
Parking: Yes
Days on Market: 46
Description: We are proud to present a rare opportunity to acquire (2) two side by side (11) unit apartment complexes in beautiful Santa Monica located at 1433 and 1437 Euclid Street. The properties sit on an expansive 15,017 sq.ft double lot, and consists of eighteen (18) 1 + 1 units, two (2) 2 + 1 units and two (2) 2 + 2 units. Centered in a prime location within Santa Monica just south of Santa Monica Blvd, and less than 2 miles from the attractions of the Santa Monica Pier, Third Street Promenade, Santa Monica Place, and bright sandy Santa Monica Beaches. Current owner has recently upgraded the laundry room in addition to being in process of upgrading the electrical systems! Enjoy the strongest rental upside in the Los Angeles market by increasing rents significantly upon future vacancies. These gems will surely be the high point in any investor’s portfolio producing stable income for years to come!

Santa Monica, 1610 BROADWAY

Price: $9,125,000
Units Total: 7
Lot Size: 7,503
Living Area: 11,211
Year Built: 1989
Parking: Yes
Days on Market: 65

Montclair, 4205 Evart Street

Price: $8,995,000
Units Total: 68
Lot Size: 67,082
Living Area: 34,212
Year Built: 1961
Parking: 55
Days on Market: 67
Description: The Evart Street Apartments are located on the south side of Evart Street between Kingsley Street and Orchard Street. With the nearest major cross street being Mills and Holt Avenue, this unique and rare multifamily property is situated a quiet corner lot surrounded by Single Family Residences. It is walking distance to Lehigh Elementary and Montclair High Schools while being only 3 miles from the prestigious Claremont Colleges.   Built in 1961, the Evart Street Apartments consist of two contiguous parcels.  Current ownership has completed extensive renovations with additional rental upside. Interior and exteriors renovations include new paint, flooring, appliances, bathrooms, kitchens, landscaping, and barbecues in common areas. The Evart Street Apartments are a stable income-producing, value-add property and a long-term investment. It is located in a desirable, non-rent controlled area and offers growth and stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or 1031 exchange opportunity.