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: 557
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: 558
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.)

San Bernardino, 2936 Loma Avenue

Price: $7,999,999
Units Total: 80
Lot Size: 96,704
Living Area: 60,620
Year Built: 1984
Parking: 160
Days on Market: 14
Description: The San Bernardino Portfolio consist of two 40 unit apartment complexes located at 2936 Loma Ave and 2935 Mountain Ave in the City of San Bernardino. The property is well positioned to take advantage of strong population growth and job creation in the Inland Empire. The recent growth of economic drivers in the region have resulted in strong rent growth and tightening occupancies in the Mutifamily market. The region is connected to the great Inland Empire metropolitan area and is the home to California State University San Bernardino which serves more than 20,000 students annually. The property is comprised of eight two story buildings which contain 60,620 sq.ft of rentable area on 96,704 sq.ft of land. Priced at below replacement value. The apartments have wall units and central heating / air conditioning, hardwood and carpeted units, vertical blinds, ceiling fans and private patio / balconies on selected units. Residents pay for gas and electricity which are individually metered and each unit has individual water heaters.

Palmdale, 38525 90TH Street

Price: $695,000
Units Total: 15
Lot Size: 55,260
Living Area: 55,492
Year Built: 1955
Parking: Yes
Days on Market: 15
Description: Mobile home / trailer park with a vacant lot consisting of 1.1 acres that faces 88th st and is being sold together (apn #3027-010-033). Some mobile homes are owned by the seller and some are renting the pad. Buyer to verify all information herein.

107 South SWEETZER Avenue

Price: $25,900,000
Units Total: 30
Lot Size: 23,038
Living Area: 55,295
Year Built: 2008
Parking: Yes
Days on Market: 48
Description: Luxury non-rent control property in a Prime Los Angeles location adjacent to Beverly Hills and West Hollywood a few blocks East of The Beverly Center. The property consists of 29-3 BR + 2.5 baths and 1-1 BR + 1 bath non-conforming unit. The property was built in 2008 and the total building size = 55,295 sq. Ft. Large, spacious units that average 1,680 sq. Ft. Each. Washers and dryers included in each unit. The property is well-maintained and there is upside in the current rents. Final tract map recorded but needs to be updated. Potential to build additional 7 units plus rec. Room where the courtyard is currently located. Rare opportunity to own a trophy asset with significant upside in one of the most prime locations in all of Los Angeles.

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: 145
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.

Eagle Rock, 1580 Yosemite Drive

Price: $17,000,000
Units Total: 50
Lot Size: 89,658
Living Area: 44,272
Year Built: 1951
Parking: 50
Days on Market: 38
Description: Yosemite Gardens is a 50-unit community situated on a large ±2.06 acre lot. The large lot and RD1.5-1 zoning allow additional 26 units to be built on site (using 35% density bonus, through TOC-1 or State Affordable Housing – BUYER TO VERIFY). The property is a Mid-century, well-maintained, two-story, value-add apartment community in the Eagle Rock area of the City of Los Angeles, California. The community has a center driveway with large, landscaped outdoor common areas and consists of 3 main buildings with multiple detached private garages. It was built in 1951, has a ±44,272 sq.ft building size on an oversized 89,658 sq.ft lot. The property has 2 parcels and 2 different zonings. The property offers walkable amenities, easy transportation access, and close proximity to LA’s most exciting neighborhoods. It has an excellent unit mix of 27 x 2bedroom + 1bathroom and 23 x 1bedroom + 1bathroom. Each unit (average unit size ±885 sq.ft) has an excellent layout with original hardwood flooring, large windows, individual water heaters, tiled kitchens and tiled bathrooms, ceiling fans, and a dishwasher. Approximately 13-units have been upgraded with restored hardwood flooring, new kitchen finishes, and restored bathroom. The property separately metered for electricity and gas and is cable and Wi-Fi ready.

Chatsworth, 10009 De Soto Avenue

Price: $13,600,000
Units Total: 61
Lot Size: 54,694
Living Area: 43,616
Year Built: 1963
Parking: 0
Days on Market: 2
Description: Built in 1963, this garden style apartment complex with lush landscaping and spacious units consists of twenty six (26) one-bedroom / one-bath apartments and thirty five (35) two-bedroom / one bath apartments with an approximate building square feet of 43,616 on a lot size of approximately 1.256 acres of land. This well maintained, two story apartment complex features all the amenities one can ask for such as gated pool, fitness area, playground, laundry facilities, and on-site parking all nestled in a lovely, quiet community. Each unit is separately metered for gas and electric. Building has copper plumbing and the soft story retrofit was completed in 1994. Excellent assumable financing. With significant rental upside, this property provides an excellent opportunity for an investor to increase market rents, thereby making this a true value-add opportunity.

Studio City, 4240 Fulton Avenue

Price: $429,000
Units Total: 1
Lot Size: 61,195
Living Area: 43,000
Year Built: 1962
Parking: 1
Days on Market: 2
Description: DESCRIPTION Fabulous, beautifully fully remodeled studio City Contemporary 1 bedroom, 1 bath, 1st level condo! Central air conditioning and forced air heating. Living room w / fireplace recessed lighting, dining area and sliding glass doors to private inviting patio for entertaining. Breakfast bar, lots of cabinet and counter space. Beautiful backsplash and Ceasar stone kitchen counters and bar. Newer appliances. Hardwood floors throughout! The open floor plan allows for many possibilities. Plenty of closets including 2 double closets. Oversized master bedroom with walk-in closet, new ceiling fan and large picture window w / view of lush greenery. Gated, security complex with resort-like pool area, 2 tennis courts. The only unit in the building with washer and dryer inside the unit! Wonderful surroundings with abundant greenery, flowers and plants. HOA pays for basic cable AND EARTHQUAKE INSURANCE. . Walking score is 86 with nearby Ventura Blvd, health food markets, trendy restaurants and shops. Dixie Canyon, Campbell Hall and Harvard-Westlake are among the excellent schools in the area. You must see it to believe it! There is a tenant on property with active lease expiring 6/30/2020. Tenant pays $2300 monthly rent!

Pasadena, 165 North MICHIGAN Avenue

Price: $13,640,000
Units Total: 45
Lot Size: 22,056
Living Area: 42,843
Year Built: 1964
Parking: Yes
Days on Market: 48
Description: Michigan Apartments is a five story, 45 unit, non rent-controlled property constructed in 1964 on a ±22,055 square foot lot, with a total building size of ±42,843 sq.ft.  The secured entry property offers a lobby area, elevator, three stairwells, cameras in select areas, a barbeque area, trash chutes on each floor, an on-site laundry facility, and a gated 45 parking space on-grade enclosed garage with dual driveways.  The property is separately metered for gas and electric, and serviced by central water heaters. Michigan Apartments boasts a solid unit mix of 18 one-bedroom / one-bathroom units, 25 two-bedroom / two-bathroom units, and 2 three-bedroom / two-bathroom units.   The units are large with the one-bedroom units averaging approximately ±800 sq.ft, the two-bedroom units averaging approximately ±1,000 sq.ft, and the three-bedroom units averaging approximately ±1,500 sq.ft.

Los Angeles, 5727 LA MIRADA Avenue

Price: $19,950,000
Units Total: 28
Lot Size: 22,500
Living Area: 41,156
Year Built: 2018
Parking: Yes
Days on Market: 52
Description: This brand new, impeccably designed 28 unit apartment building is located in the heart of Hollywood near local attractions, public transit, and numerous employment offices. The property contains thirteen 2 Bedroom / 2 Bath Units, thirteen 3 Bedroom / 2 Bath units and two 3 Bedroom / 3 Bath units. Each apartment has custom designed cabinets and granite counters, in-unit laundry, recessed lighting, and nest brand thermostats. The building boasts rooftop decks with incredible panoramic views of the city along with a gym, secured entry, and gated parking. Property is currently in the lease up phase with 25 of the 28 units already rented. Brokers and Principals are invited to attend a tour of the property on Tuesday November 13th at 1: 00 PM.

Sherman Oaks, 14731 Burbank

Price: $5,995,000
Units Total: 38
Lot Size: 38,906
Living Area: 40,509
Year Built: 2018
Parking: 73
Days on Market: 38
Description: RARE 38 UNIT DEVELOPMENT OPPORTUNITY WITH PLANS COMPLETED AND PERMITS ISSUED. Burbank Apartments is a luxury ultra contemporary modern three-story “corner to corner” residential development designed to attract the modern day demographic who want to live in the buildings of the future. With 38 units total, ranging from 1 Bed / 1 Bath to 3 Bed / 2 Bath, the building seeks to offer a comfortable and unique home to its residents. Its open space courtyard with an elevated platform serves as a ‘walk in the forest’ social hub. It provides privacy and security from outside the building as well as more sunlight to reach the residences interiors. Apart from this communal courtyard, each unit is given their own private balcony space and immediate exterior access. Burbank Apartment also includes ground floor vehicle and bicycle parking, in-unit washer / dryer, a communal recreation room and a lavish landscaped outdoor area. The footprint of the building is designed around existing trees which will shape a communal space for residence and the local community. The planters around the development act as a buffer for air pollution and noise pollution from the density of its location. Burbank Apartments also contributes to sustainable development by providing solar power and rainwater retention with storage and irrigation system. Unit mix: 6 (1 + 1) 2 (2 + 1) 20 (2 + 2) and 10 (3 + 2) 73 Parking spaces (64 Tandem 9 single) 38 Bicycle parking. Currently its flat land.

Los Angeles, 1517 West 8TH Street

Price: $3,900,000
Units Total: 34
Lot Size: 12,889
Living Area: 39,447
Year Built: 2018
Parking: Yes
Days on Market: 108
Description: CBRE, Inc., as exclusive advisor, is pleased to present this RTI 34-unit multifamily project in exciting City West, DTLA adjacent. Just reduced 600k ( $70k / buildable unit unentitled, $114k / buildable RTI). 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.

Arcadia, 865 West HUNTINGTON Drive

Price: $15,500,000
Units Total: 42
Lot Size: 55,506
Living Area: 34,972
Year Built: 1954
Parking: Yes
Days on Market: 73
Description: Huntington Place is a 42-unit apartment community comprised of three two-story buildings located at 855-875 W Huntington Drive and built between 1953 and 1954 on a unique ±55,506 sq.ft R3 triple lot. The attractive property is separately metered for gas and electric, and offers desirable resident amenities that include a gated swimming pool with barbeque area and outdoor seating, three separate on-site laundry facilities, and expansive open space that affords a new owner the opportunity to add additional common area features. The property is well-parked with 66 covered and open parking spaces, and the city does not require soft story retrofit. Recent capital improvements include newer roofs for all three buildings, new asphalt driveways, dual-pane vinyl windows, fresh exterior paint, and copper plumbing in select units. Property consists of three parcels: 5777-029-030,5777-029-031, and 5777-029-032.

2330 South CORNING Street

Price: $9,995,000
Units Total: 34
Lot Size: 30,000
Living Area: 34,471
Year Built: 1964
Parking: Yes
Days on Market: 85
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.

Los Angeles, 2391 ROSCOMARE Road

Price: $29,000,000
Units Total: 10
Lot Size: 21,422
Living Area: 33,955
Year Built: 2018
Parking: Yes
Days on Market: 73
Description: 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.

Garden Grove, 10071 Lampson Avenue

Price: $11,685,000
Units Total: 41
Lot Size: 57,935
Living Area: 33,370
Year Built: 1963
Parking: 59
Days on Market: 15
Description: Marquis Apartment Homes is a 41-unit multifamily investment property located in Garden Grove, one of the strongest rental markets in Southern California. Situated on a 1.33-acre lot, the 33,370 square foot property consists of one-bedroom and two-bedroom floor plans. Marquis Apartment Homes offers amenities including garage, open, and carport parking, private patios (select units), balconies (select units), and on-site laundry. Marquis Apartment Homes is just over one half mile from Garden Square Shopping Center and The Promenade Garden Grove, providing residents with easy access to a variety of retailers, grocers, dining, and entertainment options. The property is also one mile from California State Route 22 providing residents with convenient access to surrounding cities.

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: 132
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: 90
Description: EXISTING LOAN CREATES BETTER LEVERAGE AT A BELOW MARKET INTEREST RATE WITH A LONG TERM DUE DATE! 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. CALL AGENT FOR DETAILS ON VERY FAVORABLE EXISTING LOAN!

Agoura Hills, 5250 Chesebro Road

Price: $12,500,000
Units Total: 18
Lot Size: 40,946
Living Area: 28,573
Year Built: 2018
Parking: Yes
Days on Market: 140
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%.

Los Angeles, 1846 EL CERRITO Place

Price: $14,500,000
Units Total: 24
Lot Size: 18,325
Living Area: 28,314
Year Built: 1941
Parking: Yes
Days on Market: 50
Description: The El Cerrito Apartments is a charming 24-unit apartment complex with an ideal location in the Outpost Estates neighborhood of the world-famous Hollywood Hills in Los Angeles, California. This unique turn-key offering was built in 1941 and is an excellent example of neoclassical architecture with stylish designer finishes. The property also features a diverse unit mix with six studios, 11 one-bedroom units, and seven two-bedroom units. Most units have undergone extensive interior renovations, including hardwood and tile floors, granite counter tops, stainless steel appliances, washers and dryers, custom blinds, and ample closet and storage space. The property is lushly landscaped and has recently added several green initiatives along with patios. In addition, the property is fully parked with 34 spaces, a rare convenience in the densely packed Hollywood Hills.

Los Angeles, 2975 LEEWARD Avenue

Price: $7,050,000
Units Total: 48
Lot Size: 9,291
Living Area: 28,112
Year Built: 1927
Parking: 0
Days on Market: 36
Description: PRICE REDUCED BY $300,000 – Submit All Offers. The Leeward Apartments is, per the certificate of occupancy, a 48 unit apartment building that is currently operating as 46 units and situated in the Koreatown area of Los Angeles. The property contains a grand lobby as well as central hallways running down each of the four stories of the reinforced brick structure. An elevator as well as two staircases service the property. The certificate of occupancy from 1927 states that the property is a 48 unit apartment house although the property is currently operated as 46 units. 4 of the units, consisting of two efficiencies and the adjacent two studios, were combined to create two apartments that are both one-bedrooms (one is occupied by the on-site manager) and the property is currently operating as a 46 unit apartment building with 2 units being one-bedrooms with one-bathroom, 7 units efficiencies with a bathroom but no kitchen, and 37 studios with one-bathroom and a kitchen.

1535 East Date Street

Price: $5,500,000
Units Total: 13
Lot Size: 58,370
Living Area: 27,644
Year Built: 1984
Parking: Yes
Days on Market: 129
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.

Reseda, 19340 WYANDOTTE Street

Price: $4,950,000
Units Total: 20
Lot Size: 21,853
Living Area: 26,504
Year Built: 1968
Parking: Yes
Days on Market: 79
Description: We are pleased to present a twenty unit property located at 19340 Wyandotte Street, in Reseda, California. The property is located just north of Sherman Way and west of Tampa Avenue. The property features an excellent unit mix of seventeen (17) two bedroom / two bathroom units, as well as three (3) three bedroom / two bathroom units. Some of the property’s amenities include a large and secluded swimming pool, elevator for ease of access, balconies in some of the units and ample tuck-under parking. This well-maintained property is hitting the market for the first time ever and is being sold by the original developer. This property offers investors an extremely rare opportunity to acquire twenty units in a prime Reseda pocket of the San Fernando Valley, with great upside rental potential and rare unit and property amenities.