Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 920 South Hill Street

Price: $35,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 476
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: $25,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 478
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.)

Moreno Valley, 13660 Day

Price: $689,800
Units Total: 0
Lot Size: 55,321
Living Area: 55,321
Year Built: 1964
Parking: 2
Days on Market: 297
Description: A GREAT FAMILY HOME WITH MANY POSSIBILITIES FOR A SMALL BUSINESS OR LARGE FAMILY, PROPERTY IS VERY DECEIVING FROM STREET. THIS IS A MUST SEE PROPERTY. HOME HAS A GAME ROOM, CUSTOM 12 X 15 SUNROOM OVERLOOKING THE MANICURED BACK YARD, 2 HOT WATER HEATERS, PROPERTY HAS A COUPLE SHOPS. MAIN SHOP IS 24 X 52 WITH ALL ELECTRICAL, 3 BAYS, MILING MACHINES, OVER HEAD HOISTS, AIR COMPRESSOR. 2ND SHOP IS 25 X 14, PAINT SHOP 9 X 9,3RD SHOP IS 16 X 16. NEW DOUBLE PANED WINDOWS, NEW PLANTATION SHUTTERS, SOLAR PANELS, AND MUCH MORE. BACK YARD IS HUGE FOR THOSE FAMILY GATHERINGS, FAMILY WEDDINGS, FULLY LANDSCAPED WITH KOI POND, WATER FALL. MUST LOVE HUMMINGBIRDS. THIS PROPERTY IS REALLY GORGEOUS IN THE BACK. A VERY LARGE FIELD WITH WATER AND PLENTY OF SPACE TO GROW THAT GARDEN OR? M U S T SEE.

1398 North Sierra Way

Price: $7,200,000
Units Total: 68
Lot Size: 144,183
Living Area: 53,776
Year Built: 1949
Parking: 0
Days on Market: 140
Description: Highlights; Competitive Offering Actual CAP Rate of 5.84 %, with a ProForma CAP Rate of 6.57 %, Offering Actual GRM of 10.49, with a ProForma GRM of 9.68 / Rental Comparables Illustrate a 98 % Occupancy Area. Rental Survey Completed 03/05/2018., $1,000,000 In Recent Property Improvements and Renovations Under Current Ownership. 60% of the Units Have Been Completely Renovated., Conservative 10% Upside in Potential Rental Income. Achieved through continued implementation of Government approved and funded programs., Currently only 30% of the Tenants are in Government funded program, allowing for future growth., 4 Units Have Fire Damage and Are Currently Under Complete Rehabilitation. Units to be Delivered per Seller in 100% Rent Ready Condition. The Mountain view manor apartments are located on a sprawling 3.31 acre lot. The property is composed of 10 + buildings, outbuildings, and cover parking structures for all units. This 68 unit apartment community possesses an attractive unit mix of 35 one bedroom / one bathroom units, 1 one bedroom / one and a half bathroom unit and 32 two bedroom / one bathroom units. Over 60% of the units have been completely renovated. Recent property improvements by current ownership exceed $1,000,000 and have been outlined below. Capital Improvements and Renovations: New Interior Paint New Flooring in units New Kitchen Cabinets and Countertops New Appliances New Bathroom Cabinets Updated Exteriors Exterior Paint and Fascia Improvements

Victorville, 14243 Rodeo Drive

Price: $6,590,000
Units Total: 60
Lot Size: 111,325
Living Area: 48,726
Year Built: 1986
Parking: 60
Days on Market: 64
Description: Northport Apartments is a 60-units community, situated on 2-1/2 acres, consisting of seven residential 2-story buildings, a pool, and laundry facilities. The location of the complex is just minutes from shopping, public transportation, and access to interstate 15. Northport offers exclusively two bedroom, two bath floor plans with either an upstairs balcony unit, or a downstairs garden patio.

Palm Desert, 40890 SANDY GALE Lane

Price: $8,772,000
Units Total: 51
Lot Size: 475
Living Area: 47,725
Year Built: 1985
Parking: Yes
Days on Market: 129
Description: Pacifica Real Estate Services, Inc. Is offering 51 condominiums for sale within the 100-unit, resort-style Royal Palms community in Palm Desert, California. The property was built in 1985 and just underwent a major common area and unit renovation in 2017-18; the common area improvements include newly-resurfaced swimming pools, new patio furniture, and water-efficient desertscape; the extensive unit improvements include new cabinets, stone countertops, lighting fixtures, electrical outlets, plumbing, wood-style tile flooring, new paint, and upgraded appliances. The 51 units owned by Pacifica and offered for sale consist of 49 two-bedroom units ranging from 925 to 1,200 sq.ft and two one-bedroom units with 750 sq.ft. With a per-unit sale price of $172,000, these beautifully renovated units are a great investment opportunity, well below the $250,000 sales price they commanded when sold individually in 2006.

Blythe, 535 West Barnard Street

Price: $1,460,000
Units Total: 32
Lot Size: 45,725
Living Area: 45,724
Year Built: 1963
Parking: 30
Days on Market: 8
Description: 32-unit apartment buildings in the sunny city of Blythe, CA! There is a variety of apartment units ranging with 3 studios, 18 one bedrooms and 11 two bedroom units. Electric appliances, self-service laundry, sparkling pool, carports and beautiful grounds onsite make this rental property a gem! Tenants are good residents and there is onsite manager helps keep the place in excellent shape. Call your investors for this great opportunity! Great opportunities to add on to your profolio. Excellent Cash incomes. Blythe is a city in Riverside County, California, United States, in the Palo Verde Valley of the Lower Colorado River Valley region, an agricultural area and part of the Colorado Desert along the Colorado River, approximately 224 miles (360 km) east of Los Angeles and 150 miles (240 km) west of Phoenix. Because the city is uniquely position between Los Angeles and Phoenix there are visors and traveler who would pass and stay at the city. There is also water right to the River of Colorado which have attract farmer to buy land and increase the cultivation business within the City of Blythe. Look at the price per sf, this is a deal you want to take closer look.

Victorville, 16669 South D Street

Price: $2,225,000
Units Total: 0
Lot Size: 40,915
Living Area: 40,915
Year Built: 1981
Parking: 0
Days on Market: 229
Description: There are a total of 52 spaces on this mobile home park. Park includes an office and laundry mat. This is a great source of income for any investor, most of the mobile homes are included in the list price.

Los Angeles, 1517 West 8TH Street

Price: $4,500,000
Units Total: 34
Lot Size: 12,889
Living Area: 39,447
Year Built: 2018
Parking: Yes
Days on Market: 28
Description: RTI 34-unit multifamily project in budding City West, DTLA adjacent. The offering includes 1517 and 1521 W. 8th Street (parcels 5142-023-003 and 5142-023-004) for a total of 12,889 sq.ft of LAC2-2D land. The site is available as a “Ready to Issue Permits”, 34-unit by-right project. The entitled plan is all market-rate, includes an attractive unit mix of large 1 + 1 and 2 + 2 units and is fully-parked. Additionally, the City’s Transit Oriented Communities (TOC) Affordable Housing Incentive Program allows for an up to 70% bonus beyond the by-right density at this location. Up to 55 units can be built should a purchaser choose to re-entitle taking advantage of TOC’s incentives. Approved plans and reports are available, contact listing team or visit property website.

San Pedro, 4034 South Pacific Avenue

Price: $14,000,000
Units Total: 36
Lot Size: 27,249
Living Area: 34,651
Year Built: 1965
Parking: 38
Days on Market: 10
Description: We are pleased to present a beautiful, remodeled apartment located in San Pedro, California. The building offers PANORAMIC OCEANFRONT views! The units are completely remodeled including new wood and modern tile floors, granite kitchens and bathrooms, contemporary paint colors and quality appliances. The subject property features an on-site laundry facility, elevator, sundeck, huge patio dining area for dining and a lush tropical landscaped courtyard. The building is located just steps from the Ocean and just blocks from Downtown, shopping, dining and entertainment. The subject property currently has 5 tenants, which makes it a unique opportunity with 31 vacant units that can be rented at market right away. Built in 1965, the subject property consist of 34,651 rentable square feet on a lot size of 27,267 sq.ft. The unit mix consists of (4) three-bedroom / two-bathroom (24) two-bedroom / one-bathroom units, (7) three-bedroom / two-bathroom unit and (1) large studio / one-bathroom unit. There is an on-site laundry for tenants’convenience. The subject property is separately metered for gas and electricity keeping expenses to a minimum.

2330 South CORNING Street

Price: $10,995,000
Units Total: 34
Lot Size: 30,000
Living Area: 34,471
Year Built: 1964
Parking: Yes
Days on Market: 5
Description: This property is a 3-story building located in West Los Angeles with ample parking. There are 41 total parking spaces. 20 Tuck under parking spots, 19 Carports, and 2 open parking spaces. 2330S Corning St is a very charming apartment building situated in West Los Angeles. This property, built in 1964, with wood frame and stucco construction, is separately metered for gas and electricity and is comprised of 34.471 sq.ft of improvements sitting on a 29,999 sq.ft lot. This property is located near the corner of Corning St and Cadillac Ave.  This asset offers an investor the rare opportunity to purchase a well-maintained, well-located asset with exceptional value to add and upside potential. For an investor focused on appreciation, this is an ideal investment. The average square feet of each unit is approximately 1,014 sq.ft. The current average rent is only $1,266 dollars, and market rents at $2,412 on an average basis based on the rent roll we have.

Long Beach, 1625 Redondo Avenue

Price: $12,250,000
Units Total: 36
Lot Size: 33,106
Living Area: 32,841
Year Built: 1971
Parking: 39
Days on Market: 4
Description: Redondo Terrace is a 36-unit multifamily investment property located in Long Beach, California. The property is located within the highly sought after Eastside neighborhood of the city. The area provides a strong, diverse tenant base, easy transportation access, and proximity to a wide range of retail options. The property also sits within two miles of California State University, Long Beach. Situated on a 0.76-acre lot, the 32,841 square foot property consists of studio, one-, and two-bedroom floor plans and offers amenities including ample garage parking, controlled access, private balconies, a central courtyard, elevator, and on-site laundry. Thirty-one of the units have been significantly renovated with upgraded kitchen stainless steel appliances, quartz countertops, vinyl flooring, and updated bathrooms. Additionally, there are numerous third-floor units with ocean and city views.

Hawthorne, 12303 GREVILLEA Avenue

Price: $10,770,000
Units Total: 40
Lot Size: 35,275
Living Area: 32,699
Year Built: 1985
Parking: Yes
Days on Market: 12
Description: -Portfolio Sale – 4 Separate Buildings Totaling 40 Units -Non-Rent Controlled Assets – Located West of Hawthorne Boulevard in the Most Desirable Pocket of Hawthorne -1980’s Vintage Buildings -Outstanding Unit Mix -Located within 3 Miles of the Hollywood Park Development Project and New Proposed NFL Stadium -Full Copper Plumbing and Ample Covered Parking -Six On-Site Laundry Facilities – Generating Additional Annual Income -Washer / Dryer Hook-Ups in 12312 Grevillea Avenue Building -Over 22% in Rental Upside -Strong Neighboring Employment: Space X, Tesla, and Aerospace Defense Companies

Whittier, 14035 Coteau Drive

Price: $11,550,000
Units Total: 40
Lot Size: 60,112
Living Area: 32,604
Year Built: 1986
Parking: 8
Days on Market: 52
Description: Triqor Group is pleased to present the opportunity to acquire Heritage Manor and Villas, a 40-unit apartment building located in Whittier, CA. Built in 1986; the property is in close proximity to Candlewood Country Club and offers (36) large two-bedroom units and (4) one-bedroom units. Most units have a patio or balcony, some with golf course views. All tenants have secured access to covered and uncovered parking. Heritage Manor and Villas boasts a great opportunity for an investor to purchase a well-maintained asset consisting of almost all two-bedroom units built in 1986. Heritage Manor and Villas is located just north of Imperial Hwy., the major east west thoroughfare in the City of Whittier. The property sits adjacent to Candlewood Country Club providing some units with golf course views. The property is located 3 miles northeast of the 5 freeway, 4.5 miles east of the 605 freeway and 5 miles north of the 91 freeway. Furthermore, the property is located less than 20 miles southeast of Downtown Los Angeles and 10 miles north west from Downtown Anaheim offering additional employment opportunities nearby.

9949 Sepulveda Blvd.

Price: $9,650,000
Units Total: 42
Lot Size: 37,462
Living Area: 32,161
Year Built: 1979
Parking: 0
Days on Market: 10
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 Baths 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.

Los Angeles, 855 South HARVARD

Price: $12,000,000
Units Total: 32
Lot Size: 13,325
Living Area: 31,549
Year Built: 1988
Days on Market: 54
Description: We are pleased to exclusively list a 32-Unit trophy multi-family apartment building locatedin the highly desirable Koreatownsubmarket of Los Angeles. Built in 1988, and not subject tothe rent stabilization ordinance, the Harvard Apartments boast a mix of 1-bedroom, 2-bedroom, 3-bedroom, and1-bedroom + loft units. The Property represents a true value-add opportunity with severalof the units inunremodeledcondition andcurrent rents below market for renovated rents. Many units have been renovated in recent years featuring wood inspired laminate flooring, granite countertops, stainless-steel appliances, and laundrymachines. Located in one of LosAngeles’ most walkable neighborhoods, residents have immediateaccess tomany ofthebestrestaurants, bars and shops in Koreatown. The Property’s dynamic location draws anincreasing numberof educated young-professionals thatare attractedto Koreatown’s amenityrichmakeup, proximity to Los Angeles’ top employment centers and transitorie

Venice, 1206 VENICE Boulevard

Price: $22,000,000
Units Total: 32
Lot Size: 12,214
Living Area: 29,080
Year Built: 1988
Parking: 0
Days on Market: 81
Description: We are proud to present 32 units on Venice Boulevard in Venice. Non-rent control. Built in 1988. Great unit mix of 1’s and 2’s. Four stories over gated, secure parking. Upside in the rents. Central air / heat. Please call listing office for more details.

Agoura Hills, 5250 Chesebro Road

Price: $13,450,000
Units Total: 18
Lot Size: 40,946
Living Area: 28,573
Year Built: 2018
Parking: Yes
Days on Market: 60
Description: APN: 2052-008-017 and 018.18 newly constructed townhome style apartment units in the desirable Agoura Hills submarket for sale. Each unit feels like a home with private two-car attached garages. The community offers such amenities as beautiful outdoor barbecue entertainment areas, a hot tub spa, and a dog run. The property received its Certificate of Occupancy in March 2018 and is currently in its lease-up phase. Served by the highly regarded Las Virgenes Unified School District, Agoura Hills is among the most coveted areas to live in the United States and is listed as one of “SafeWise 50 Safest Cities. ” Agoura Hills boasts outstanding demographics, with an average household income of over $180,000, a highly educated populace and a vacancy rate of only 3.1%.

1535 East Date Street

Price: $5,200,000
Units Total: 13
Lot Size: 58,370
Living Area: 27,644
Year Built: 1984
Parking: Yes
Days on Market: 49
Description: Investment Property 1535 E. Date Street San Bernardino, Ca. 92404-2847 comes to the real estate market with 40 units. The apartment complex is gated. Parcel Number is 0272-192-09. The Name of the apartment complex some call it “Date Apartment” The 40 units are (8) units are 2 bedrooms with 2 bathrooms; (16) units are 2 bedrooms with 1 bathroom; (16) units are 1 bedroom with 1 bathroon. Out of the 40 units (8) units are section 8. The Date Apartment Complex are 4 buildings each of the building are 2 stories. According to public records the year built is 1984, building area total is 27,644 sq. Ft., Lot size is 58,370 sq. Ft. The parking spaces are inside the property. The water, trash, gas, electric are all paid by the tenants. Property comes with (40) separate gas meters; (40) separate Electric Meters and (1) water meter. There is a gated pool that is shared with the tenants. The complex also has a laundromat that is shared by the tenants. Please view the pictures to see more of what this investment property has to offer and #of units 13 is wrong it is 40 units. It is 40 units please download the information on the supplements.

Tarzana, 18414 Collins Street

Price: $9,950,000
Units Total: 45
Lot Size: 43,601
Living Area: 27,262
Year Built: 1971
Parking: 55
Days on Market: 48
Description: This is a 45-unit apartment complex at 18414 Collins Street, Tarzana, California. Situated in a great location, the property is comprised of thirty four spacious one-bedroom units, two three-bedroom units, each with two bathroom, one two-bedroom and two bathroom, one two-bedroom and one and a half, and six single units, that together come to more than 27,000 sq.ft of rentable space on 43,560 sq.ft of land. The complex has been well maintained since it was built in 1971 and has recently undergone certain upgrades, including the installation of a brand new roof in 2017. The property offers an on-site laundry facility, a sparkling swimming pool, and 55 parking spaces for residents. Furthermore, the property is thought to have copper plumbing and is master metered for gas and electricity. Located north of Burbank Boulevard, this complex is within walking distance from shops, restaurants and entertainment venues that line Ventura Boulevard. Furthermore, the building sits mere minutes from the 101 Freeway. The property’s prime location, coupled with clear upside potential, make it a fantastic investment opportunity.

Moreno Valley, 24426 Dracaea Avenue

Price: $4,900,000
Units Total: 18
Lot Size: 993
Living Area: 27,000
Year Built: 2007
Parking: 2
Days on Market: 609
Description: 18 THREE STORY LUXURY TOWN HOMES FOR SALE. ALL HAVE SEPARATE APN#S BUT HOA HASN’T BEN ACTIVATED YET. COULD BE ACTIVATED AND SOLD SEPARATELY IN THE FUTURE. 10 UNITS HAVE 3 BEDROOMS 2.5 BATHS PLUS LOFT ON THIRD FLOOR. 8 UNITS HAVE 3 BEDROOMS 3.5 BATHS, ALL EIGHT OF THESE HAVE MASTER SUITES. UPGRADES INCLUDE MARBLE FLOORS IN KITCHEN, GRANITE COUNTERTOPS IN KITCHENS and BATHS, , HIGH CEILINGS, BERBER CARPET, WHIRLPOOL STAINLESS STEAL APPLIANCES, CANADIAN MAPLE WOOD CABINETS, WASHER AND DRYER HOOK UPS, CENTRAL AIR AND HEAT, DOUBLE PAIN WINDOWS, 2 CAR GARAGES, PATIOS, ALL UNITS ARE IN GOOD SHAPE. TENANTS PAY ELECTRIC AND GAS.

Sherman Oaks, 4646 Natick Avenue

Price: $7,600,000
Units Total: 20
Lot Size: 14,245
Living Area: 26,910
Year Built: 1968
Parking: 0
Days on Market: 74
Description: We are proud to represent this 18 unit plus 2 additional non-conforming units apartment building in Sherman Oaks. The non conforming units are in the process of being legalized with the city with permits expected in 2018. The building was constructed in 1968. Its unit mix consists of (3) one-bedroom, one-bathroom units, (9) two-bedroom, two-bathroom units, (2) two-bedroom, two-bathroom and a den units and (4) three-bedroom and two-bathroom units (converted from 2 + 2 + den units). With a lot size of 14,245 sq.ft, the property has a total of 26,910 rentable square feet. There are (2) non confirming units that bring in an additional $1000 each per month. There is an existing loan in the approximate amount of $3,500,000 that was originated in 2015. The loan is at 3.35% interest that is fixed until October 16,2020. The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny, clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways. The building’s amenities include an indoor pool, balconies, central HVAC units, secured parking, and lush landscaping. It is separately metered for gas and electricity

Los Angeles, 9315 ALCOTT Street

Price: $16,150,000
Units Total: 14
Lot Size: 11,428
Living Area: 25,908
Year Built: 2007
Parking: Yes
Days on Market: 91
Description: Built in 2007,9315 Alcott Street is comprised of 14 non rent control condominiums with separate APNnumbers. Located just South of Pico Blvd, in the neighborhood of Beverlywood. The property is walking distance to a myriad of coffee shops, restaurants, and synagogues. The property features over 25,000 sq.ft of rentable area and is situated on a large 11,428 square foot lot. Comprised of (1) three-bedroom, three-bathroom unit, (12) three-bedroom, two and half-bathroom units, and (1) two-bedroom, two-bathroom unit. The building has been well maintained andincludes a 1,500 sq. Ft. Gym / rec room on the ground floor with kitchen and bathroom. Two levels of subterranean parking for approximately 36 parking spots including guest parking.

Los Angeles, 2731 BEVERLY

Price: $9,600,000
Units Total: 66
Lot Size: 6,827
Living Area: 24,795
Year Built: 1927
Parking: Yes
Days on Market: 172
Description: Gorgeous prominent 4 story property in the area is referred to as “Rampart Village” and is quickly becoming the new Echo Park and Silverlake. This property has undergone major renovations including new copper plumbing, new waste lines, updated electrical system, restored lobby and common areas, updated windows, and many renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright and have city views. The units rent like hotcakes. This is the perfect “VALUE ADD” deal as all the heavy lifting is done. As the units vacate a new owner will realize a substantial cash flow surge as the rents are 40% under value. Out of the 65 units – 35 units have been renovated!