Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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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: 226
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: 227
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.)

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: 78
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

Blythe, 400 North PALM Drive

Price: $3,300,000
Units Total: 70
Lot Size: 402,494
Living Area: 66,000
Year Built: 1991
Parking: Yes
Days on Market: 458
Description: Now fully rehabbed and vacant units ready to be leased up, Recently Foreclosed, Newer 1991 built Pride Garden apartment complex consisting of 70 units in 15 buildings plus rental office, of which 30 are 2 Bedroom 1 bath and 40 are 3 bedrooms 1.5 bath townhouse style, over 2.5 Million spent to rehab complex in 2008 total cost over $9M. Building is currently 50% rented with rents that are 30% below market, Market rents are 725 for the 2 bedrooms and 800-825 for the 3 bedrooms market rents, each unit has own laundry hook ups and water heater. Amenities include: Pool, Rec room, secured ample parking, each unit has its own outside private storage room, Tremendous long term upside on rents.

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: 46
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.

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: 39
Description:

Huntington Park, 6130 Rugby Avenue

Price: $3,500,000
Units Total: 13
Lot Size: 44,847
Living Area: 51,000
Year Built: 1989
Parking: 2
Days on Market: 162
Description: Price Reduction! There are 15 separate condos (variety of sizes) for sale as a package deal in the same community. This community is centrally located in a desirable area in the heart of Huntington Park, CA. Close walking distance to shopping, restaurants, schools, transportation and community amenities. It is just minutes to Downtown LA and near interstates 10,110,710 and 1·05. All 15 condos have 2 spacious bedrooms, 2 full bathrooms, dining area and laundry hoop. · 9 of these condos have an additional loft bonus room with a fireplace. Can be used as a 3rd bedroom, office or a family room. · Quiet gated and secured community built in 1989 with a total of 60 units. · Gated underground parking with remote access. · Beautiful courtyard with pool and spa area. · Elevator and laundry room. · Low HOA fees of $176 / month includes all utilities (Exterior) and fire insurance. · Currently 100% are rented and tenant occupied with no rent control.

Torrance, 3929 West 242nd Street

Price: $15,000,000
Units Total: 48
Lot Size: 44,793
Living Area: 36,096
Year Built: 1961
Parking: 48
Description: The Palms is a 48 unit apartment complex located just two blocks South of Pacific Coast Highway (PCH) in the Walteria neighborhood of South Torrance at the foothills of the Palos Verdes Peninsula immediately adjacent to Palos Verdes Estates and Rolling Hills Estates. 2 miles due west is one of Southern California’s most popular beaches, Redondo Beach and Redondo Village (Redondo’s downtown of retail shops and eateries), allowing The Palms residents to enjoy all the benefits of living in a beach city. An astute investor will realize the benefits of owning an asset that is essentially in a beach city, without paying the premium of a beach city asset. The median household income within a 1,3 and 5 mile radius of the property ranges from $80,000 to $87,000 per year. Five streets to the south, the average annual income of Palos Verdes Estates residents is $245,000 and a ranking of the 38th wealthiest city in the United States according to Bloomberg News. The improvements consist of a U shaped courtyard style design with a total building area of 36,096 per the county assessor’s records, and was built in 1961 utilizing Type “V” wood frame and stucco construction with 2 stories over on grade parking. The land parcel is slightly over 1 acre (approximately 44,793 sq.ft) and is zoned High-Medium Density Multi-Residential. This zoning permits 31.1 to 44.0 Dwelling Units per acre before any potential density bonuses. 1 parking garage for each of the 48 units.

Long Beach, 1405 Lewis Avenue

Price: $6,500,000
Units Total: 20
Lot Size: 17,496
Living Area: 34,000
Year Built: 1920
Parking: 20
Days on Market: 119
Description: AKA: 1000 New York St, This the The Vault Warehouse This is a once in a Lifetime opportunity to own a solid concrete, built like a bomb shelter and anchored with a 400 Square foot bank vault, 8 foot wide by 16 foot long freight elevator converting to a 4 story Artist Loft building. Built in the early 20’s, no expense was spared in building this Fireproof Storage Warehouse. Even the wide open deck of the 5 level rooftop is solid concrete and can accommodate loads. The rooftop is 7000 sq.ft. Each unit is also built to commercial fire code. The interior separation walls are either red brick, concrete or steel studs with double 5/8″ fire rated walls. This is a trophy property and your chance to make a difference in the artist community. All units are subject to the Administrative Use Permit. Tenants will have a license in the world of fine arts. All Tenants. There is a 6000 sq.ft INDOOR LOADING DOCK! Used for parking, it has direct access to the freight elevator and to a 1400 sq.ft bonus room. The owners unit / office is 3500 sq.ft, is 3 levels, and includes the bank vault as part of the layout. It has a giant original fireplace, massive 17 foot ceilings and so much more! Power includes a new 3 Phase 800A service with 200A 3 Phase on each floor!

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: 49
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.

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: 68
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.

Los Angeles, 330 North PATTON Street

Price: $2,895,000
Units Total: 36
Lot Size: 11,184
Living Area: 27,771
Parking: 48
Days on Market: 587
Description: DEVELOPER ALERT: opportunity to develop 36 Unit apartment bldg on 11.2k SF lot with alley access in South Echo Park, and minutes from DTLA! This project of 6-story bldg will be delivered to buyer with PLANNING APPROVAL ONLY (NO LADBS). Unit mix: (7) 2bd / 2ba, (8) 1bd / 1ba, and (21) studios. Each spacious unit has their own balcony. Property amenities feat controlled access entry, fitness room, 2-level garage and common front deck. Ideally located in the heart of Echo Park / Silver Lake area w / convenient access to 101 and 110 freeways and close proximity to retail, shopping, restaurants and just minutes away from Downtown LA and the Dodger Stadium. Don’t let this rare opportunity go by! Buyers to verify all info and rely on their own investigation. Marketing package available upon request. THIS IS A LAND DEVEOLOPMENT SALE ONLY

Los Angeles, 11400 CULVER

Price: $11,500,001
Units Total: 21
Lot Size: 12,018
Living Area: 27,417
Year Built: 2018
Parking: Yes
Days on Market: 10
Description: 21 Unit NON-RENT CONTROLLED. Completed in 2018.13 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.

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: 359
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.

Los Angeles, 3724 INGLEWOOD

Price: $10,000,000
Units Total: 30
Lot Size: 32,767
Living Area: 26,200
Year Built: 1955
Parking: Yes
Days on Market: 4
Description: The “Mar Vista 30” is a unique and significant multifamily investment property housing 30 large and open units situated on a huge 3/4 of an acre lot. Composed of 3,10 unit buildings, this offering has an ideal mix totaling 22 (2 + 1) and 8 (1 + 1) units with an impressive average unit size of 873 sq.ft per unit. Known today as Silicon Beach, the units on 3724,3730, and 3736 Inglewood Blvd are near to many of the most prominent tech companies in the nation. Facebook, Google, Snapchat, YouTube, Tesla (to name a few) all have significant facilities nearby. Given the scale, location, upside, and bankable features, this property is attractively priced at only $381.68 per square foot, nearly $30.00 per square foot below the average cost of $410.48 per square foot for recently sold comparable properties. Current rents comfortably align the property’s pricing to GRM and CAP rate expectations for this submarket, making this a financeable asset in a coveted Westside location.

Yucca Valley, 7301 Apache Trail

Price: $1,750,000
Units Total: 23
Lot Size: 45,746
Living Area: 24,046
Year Built: 1966
Parking: 70
Days on Market: 257
Description: Mixed use 10 commercial retail units and 13 residential units on two parcels, a value added investment opportunity. APN #0586304100000 and APN #0586314030000 “Please also check MLS #AR17102067. Two separate two-story buildings: Building 7301 Apache Trail includes 5 retail spaces on the first floor and 5 apartment units on the second floor. Building 56089 Twentynine Palms Highway includes 5 retail spaces on the first floor and 8 apartment units on the second floor. Great exposure with frontage on Twentynine Palms Highway and monument signage. Long term retail tenants, below market rents, ample parking with 70 parking stalls. Apartment units are separately metered for electricity and gas, 2 water meters. Apartment has on-site laundry. Affordable unit mix of 2 bedroom, 1 bedroom, and studio apartments.

Cudahy, 5142 Live Oak Street

Price: $5,899,000
Units Total: 12
Lot Size: 40,519
Living Area: 23,404
Year Built: 2008
Parking: 44
Days on Market: 34
Description: 5142 – 5150 1/2 Live Oak Street is a 12-unit apartment community in Cudahy, California. The property is located east of Wilcox Avenue, conveniently near the 710 Freeway and just steps from Ellen Ochoa Learning Center, a public school that serves students from kindergarten through eighth grade. The offering is a 2008 construction that has been well-maintained and comprises five buildings on a large 40,519-square foot lot. The buildings contain a total of two three-bedroom / two-and-one-half-bath units and 10 four-bedroom / two-and-three-quarters-bath units that average approximately 2,000 sq.ft. All units feature a larger-than-average attached two-car garage that measures 25 x 20, a balcony and a backyard patio. The property also offers 20 open guest parking spaces. A new investor could continue to operate the property as apartments or sell the units individually, since each unit has its own parcel number. 5142 – 5150 1/2 Live Oak Street presents an excellent opportunity to own a turnkey asset.

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: 34
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.

Norwalk, 12645 Norwalk Boulevard

Price: $6,100,000
Units Total: 24
Lot Size: 27,878
Living Area: 21,145
Year Built: 1963
Parking: 0
Days on Market: 69
Description: Faircrest Apartments is a 24-unit non-rent controlled multifamily investment property located at 12645 Norwalk Boulevard in the city of Norwalk, California. Situated on a 0.64-acre lot, the 21,145 square foot property consists of studio, one-, two-, and three-bedroom units averaging 881 sq.ft. Built in 1963, the property offers an attractive range of amenities including a spacious courtyard with a sparkling swimming pool, carport parking, and on-site laundry. Residents of Faircrest Apartments enjoy easy access to Interstate 5, Norwalk / Santa Fe Springs Transportation Center, libraries, schools, and a plethora of major retail centers.

Los Angeles, 3361 ANDRITA Street

Price: $2,950,000
Units Total: 10
Lot Size: 20,786
Living Area: 20,800
Year Built: 1960
Parking: Yes
Days on Market: 27
Description: 3361 Andrita St, a unique development opportunity in one of LA’s most desirable up and coming neighborhoods of Glassell Park. This large lot is permit-ready for 10 modern homes in a small lot subdivision. Plans feature three unit types of three-story single family homes, varying in size between 2200 sq.ft, 1800 sq.ft, and 1400 sq.ft. Each home has a flexible space on the ground level that has a private entrance and can be used as a home office, media room, art studio, or furnished rental. Each home features expansive windows and sky-lights and have city / mountain views. Plans, permits, and applications available upon request. RTI expected in January 2018. Existing improvements consist of a fully vacant ten unit apartment building. Please call or email for marketing package.

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: 148
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.

4100 Harrison Canyon Road

Price: $2,999,000
Units Total: 25
Lot Size: 94,865
Living Area: 19,554
Year Built: 1963
Parking: Yes
Days on Market: 299
Description: A Truly Unique property. 25 unit apartment complex on the east side of the 215, which backs up to the foothills. This property feels more like a condo complex. This well maintained complex has single story and 2 story units. Pool, laundry room. Off the beaten track, quiet, secluded.

Whittier, 14149 Mulberry Drive

Price: $6,588,000
Units Total: 26
Lot Size: 42,253
Living Area: 19,448
Year Built: 1956
Parking: 0
Days on Market: 99
Description: Mulberry Drive Apartments is a 25 + 1* unit multifamily investment property located in the city of Whittier California. Situated on a 0.97-acre lot, the 19,448 square foot property consists of studio, one-, and two-bedroom floor plans averaging 748 sq.ft. Built in 1956, the property offers an attractive range of amenities including covered carport parking, a large central courtyard, a swimming pool, and an on-site laundry facility. *One studio unit is non-conforming

Palmdale, 38035 11TH Street

Price: $1,995,000
Units Total: 22
Lot Size: 30,113
Living Area: 18,290
Year Built: 1979
Parking: Yes
Days on Market: 93
Description: Great investment opportunity, don’t let this one pass by! Great Location. Building built in 1979.22 Unit apartment building, 10 one bedroom / 1 bath – 12 two bedrooms / 2 baths. 24 covered parking spaces. Gated entrance. Property manager on site.