Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Venice, 600 VENICE

Price: $9,950,000
Units Total: 2
Lot Size: 8,061
Living Area: 1,430
Year Built: 1956
Parking: Yes
Days on Market: 71
Description: LOCATION, LOCATION, LOCATION! Abbot Kinney Development Opportunity. Now available to purchase this property on the highly visible corner, intersecting world famous Abbot Kinney Blvd and Venice Blvd. Zoned M1, this 8,000 + sq. Ft. Lot with a 2,000 sq. Ft. Structure is a landmark location on the Westside of Los Angeles. It boasts ample foot traffic and parking for over a dozen cars. This is an extremely rare opportunity. The building is currently leased by Zinque restaurant. Possible development for a 12,000 square foot building.

Los Angeles, 3106 SAN MARINO Street

Price: $2,299,000
Units Total: 6
Lot Size: 6,625
Living Area: 690
Year Built: 1914
Parking: Yes
Days on Market: 237
Description: Well maintained investment building in Heart of K. Town. Huge Building, R4 for Future Development.

Thermal, 69245 Polk Street

Price: $5,200,000
Units Total: 3
Lot Size: 6,272,640
Living Area: 1,600
Parking: 0
Days on Market: 154
Description: The Brown Date Garden has been a flourishing farm since the 1930’s. A one of a kind fully functioning date and citrus ranch that is a total of almost 144 acres, 57.8 on the west side of old Hwy 86 and 86.5 on the east side. The owner has spent the last five years eliminating old trees and replanting for future profit. There are numerus new trees and several acres of various Certified Organic fruit and Medjool Dates. The property includes a packing and distribution facility, four wells, two machine shops and cold storage, and a three-bedroom home. Date trees include Medjool, Barhee, Deglet Noor and Zagloo. Citrus trees include Minneola Tangelo, Sweet Lime, Grapefruit (White, Ruby, Rio Red), Lemon and Blood Orange. The potential for profit is huge with the investments and improvements made over the past five years. APN #’s 751-290-004,014,015 and 016 and 751-280-012 and 015 are all included. Trucks and equipment are negotiable outside of escrow.

Santa Monica, 2910 HIGHLAND Avenue

Price: $2,195,000
Units Total: 4
Lot Size: 6,246
Living Area: 681
Year Built: 1922
Parking: 4
Days on Market: 158
Description: Great investment opportunity. Owner – User development. Property is located in one of the best locations in Santa Monica! Close to the ocean and trendy Main Street. Property is three separate structures. One is a classic California bungalow. Other units are located above garages with views. Property is on a SMOP2 lot which is perfect for a developer. Property can be accessed from Highland Avenue or 6th Street.

Laguna Beach, 1295 Ocean Front

Price: $7,200,000
Units Total: 2
Lot Size: 4,238
Living Area: 2,500
Year Built: 2005
Parking: 2
Days on Market: 32
Description: Luxury Ocean Front duplex, situated in the heart of Laguna Village, just steps from all the shops, restaurants and galleries in the “Hip District”. Panoramic whitewater and Catalina Island views from nearly every room in both the Penthouse / Upper and the Lower contemporary cottage duplex. This remodeled property sits on a corner lot and has no southerly neighbor – this is as ‘exclusive’ as ocean front gets in downtown Laguna Beach. Expansive wrap-around decks on both levels. Beautifully remodeled, fully furnished and equipped with Open-concept living, high-beamed ceilings and hardwood floors throughout, with walls of windows looking out to white water ocean views. All top-of-the-line appliances and decor with inside Laundry and 2-ca garage parking plus carport. Step down to the beach or stroll around the corner to fun, local amenities – festivals, beaches and tide pool coves. Great Income producing property (with history of verified rents of $9,500-20,000 / mo for upper unit at 1295 Ocean Front and $7,500-18,000 / mo for lower unit at 1293 Ocean Front). Also ideal as a second home while enjoying lucrative income from unit below. —

Venice, 315 VERNON Avenue

Price: $5,900,000
Units Total: 3
Lot Size: 6,004
Living Area: 2,090
Year Built: 1922
Parking: 0
Days on Market: 113
Description: Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Cottage 315 Vernon offers 1 bedroom, 1.5 baths and is in the process of being updated (approx 672 sq. Ft.) . Cottage 317 Vernon Ave., updated 2 bedrooms, 1 bath (approx 848 sq. Ft.) . Cottage 315 1/2 Vernon Ave. 1 bedroom, 1.5 bath, fully renovated with top of the line fixtures and one car attached private garage (approx. 570 sq. Ft.) . Great property for either owner / user or future development. All units will be delivered vacant. Property to be sold combined with 319 Vernon Avenue APN #4286-007-007.

Long Beach, 273 East 57th Street

Price: $2,400,000
Units Total: 5
Lot Size: 4,591
Living Area: 956
Year Built: 1946
Parking: 5
Days on Market: 54
Description: PORTFOLIO OF 5 SINGLE FAMILY HOUSES located in Long Beach. Fully rented except 273 E. 5th St. Which has been completely renovated and move-in ready. Average individual valuations of the houses range from $430,000 to $517,000 Portfolio: 273 E. 57th St., Long Beach-2 bedroom / 1 bath, 956 square feet–asking rent of $1,950 46 E. Louise St., Long Beach-3 bedroom / 3 bath, 1,468 square feet-actual rent of $1,875 5657 Linden Ave., Long Beach-3 bedroom / 2 bath, 1,346 square feet-actual rent of $2,040 1142 E. 72nd St., Long Beach-3 bedroom / 1 bath, 1,248 square feet-actual rent of 1,950 1322 E. 63rd St., Long Beach-3 bedroom / 2 bath, 1,517 square feet-actual rent of 1,850 ADDITIONAL RENTAL HOUSES IN LONG BEACH, NORWALK, CARSON, BELLFLOWER, OR DOWNEY CAN BE ADDED TO THE PACKAGE AT BUYER’S REQUEST. Rents are actual, expenses are estimated.

Newport Beach, 924 East Oceanfront

Price: $5,890,000
Units Total: 1
Lot Size: 2,185
Living Area: 2,407
Year Built: 2018
Parking: 2
Days on Market: 45
Description: **This property is a Short Term Rental Approved and Permitted and currently generating $1500 to $2500 PER NIGHT of income in all months of the year. Lots of dates already booked for the whole year** Amazing income generating investment Perfect for part time owner use / short term rental investment. Showcasing a prime Brand New construction by award-winning and well known Builder SC Custom Homes and Architect Ian Harrison. This ultra modern and luxury beachfront masterpiece offers panoramic water and coast line view from nearly every room. Contemporary and chic open floor plan to include every modern convenience desirable to give you an ultimate 5 star resort home feeling throughout. 3 bedrooms plus a loft, 4.5 baths, (every room including the loft has its own full bath and balcony access with view) over-sized 2 car attached garage and blocked alleyway that allows 2 extra car parking outside (this is a great future in Newport Beach), ample storage space and slide-away glass doors creates an unobstructed view from both living room and 2nd level master bedroom. 3rd floor entertainment loft connects you to a large size rooftop with Wolf BBQ set up, seating area for day and night entertainment with breathtaking white water, harbor, Newport bay, famed surf spot The Wedge, Catalina Island, city skyline and stunning sunset views. This remarkable beachfront estate has it all. You Have both Beautiful Ocean view and Fantastic Bay View in this house. One of a kind.

Newport Beach, 916 East Oceanfront

Price: $6,000,000
Units Total: 2
Lot Size: 2,614
Living Area: 2,597
Year Built: 1972
Parking: 2
Days on Market: 109
Description: Oceanfront 2 units, each 3 bedroom 2 bath. Must be sold with 919 E Balboa 2 units also each 3 bedroom 2 baths ( $3,000,000) which is a contiguous lot with mutual easement. Recently remodeled and furnished. Rented weekly, monthly or yearly. See supplements. Buyer to verify all financial and income information.

1145 South KINGSLEY Drive

Price: $2,400,000
Units Total: 2
Lot Size: 5,900
Living Area: 1,064
Year Built: 1895
Parking: Yes
Days on Market: 41
Description: DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE- Listing price is for both parcels – 1139 S. Kingsley Dr. APN #5080-026-008 and 1145 S. Kingsley Dr. APN #5080-026-009 – Approximately 11,800sq. Ft. Both parcels combined. R-3 ZONING TOC-TIER 2. Excellent location in a Developmental Project area! Can be developed into a Multi-Unit building (approximately 23 units). Buyer to do their own due diligence regarding possibilities for development. Buyer to cooperate in a 1031 exchange at no cost at liability to buyer. Total actual income rent for #1139 is $4,430 and #1145 is $3,210. Sold “AS IS” in its present condition. Existing tenants have lease. DRIVE BY ONLY! DO NOT TRESSPASS THE PROPERTY OR DISTURB OCCUPANTS / TENANTS IN ANY CIRCUMSTANCES.

Laguna Beach, 1234 Gaviota

Price: $6,200,000
Units Total: 2
Lot Size: 3,485
Living Area: 2,809
Year Built: 1963
Parking: 7
Days on Market: 69
Description: First time on the market in 42 years. This property is known as Blue Agave. A legal Laguna Beach short term vacation rental. Yes the city license will transfer with the property to the new owner according to the city. It is a classic California beach house located on the ocean side of the Pacific Coast Highway, between Brooks and Cress St. The properties height, profile and footprint could not be built today given current restrictions. Blue Agave is one of the last prime locations in the neighborhood and shares the neighborhood with Surf and Sand Resort, and dozens of other cafes, restaurants, galleries, shops and breathtaking vistas. The upper, 2 bd, 2 ba unit boasts 180 degree unobstructed panoramic coastline, white water, and Catalina Island views and includes a wrap around deck. The open floor plan has a classic Laguna Beach living room paneled in individual, hand cut cedar boards. A spacious galley kitchen, remodeled in early 2016. The lower unit offers 3 bd and 3 ba, all ensuite. . The living room is spacious with remarkable ocean views. The European-style galley kitchen features gas, birch cabinetry and butcher block accents. Double French doors from the kitchen lead onto a large covered, private dining deck as well as a bricked garden patio. The 3rd bd also opens out via double French doors onto patio area. Property has a large 3 car garage and 4 additional parking stalls, a rare find in Laguna Beach. This is your perfect beach getaway or income producing beach duplex.

Venice, 546 Sunset Avenue

Price: $2,300,000
Units Total: 2
Lot Size: 5,766
Living Area: 1,056
Year Built: 1924
Parking: 0
Days on Market: 423
Description: Prime Venice location. Right next to world Famous Venice Beach, Abbot Kenny, and many great restaurants and shops. Great potential For rebuild of large modern home or duplex great size Lot great for developer . PROPERTY HAS ACCESS TO TWO ALLEYS WHICH ALLOWS MORE CLEARANCE FOR MORE PARKING. THE FRONT OF THE LOT HAS 2 BUNGALOWS AND PLENTY OF ROOM TO GROW IN THE REAR OF THE PROPERTY

Venice, 319 VERNON Avenue

Price: $5,900,000
Units Total: 3
Lot Size: 6,002
Living Area: 2,736
Year Built: 1906
Parking: Yes
Days on Market: 113
Description: Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property has one detached cottage facing Vernon Avenue and a Two story – 2 unit building in back. Three outside parking spaces and one coin op laundry room. 319 Vernon Ave. Offers 2 bedrooms, 1 bath and needs updating (approx 880 sq.ft.) . 319 Vernon Ave. #1 (ground floor) 2 bedrooms, 1 bath (approx 856 sq. Ft.) . 319 Vernon Ave. #2 (second floor) 3 bedrooms, 2 bath. (approx. 1000 sq. Ft.) . Great property for either owner / user or future development. All units will be delivered vacant. – Property to be sold together with 315 Vernon Avenue – APN #4286-007-006

Playa del Rey, 185 CULVER

Price: $3,245,000
Units Total: 1
Lot Size: 2,577
Living Area: 1,625
Year Built: 1948
Parking: Yes
Days on Market: 168
Description: “The Shack” Restaurant is for sale. Existing lease expires June 30,2018. This is a most rare offering in the heart of downtown Playa Del Rey. Being sold for the first time as a stand alone sale, this price tag includes the adjacent LAR-3 lot, currently vacant and used as a parking lot. The C-4 restaurant boasts a Culver Bl R-3 overlay, allowing for residential build above the existing structure. This is an exciting opportunity to own Silicon Beach Commercial Real Estate in the heart of downtown Playa Del Rey with an irreplaceable high coverage, short-term lease. There is 100% upside in rent in this Silicon Beach Gem. High pedestrian Traffic and in the hub of Manhattan Beach, Playa Vista, Culver City and Venice.

Malibu, 3946 PUERCO CANYON Road

Price: $4,250,000
Units Total: 1
Lot Size: 63,838
Living Area: 2,140
Year Built: 1946
Parking: Yes
Days on Market: 256
Description: 3946 Puerco Canyon Road is a commercially zoned property that sits at the intersection of Pacific Coast Highway and Puerco Canyon Road. The highly visible property sees about 30,000 cars pass by everyday, featuring more than 650ft of frontage facing the PCH. 3946 Puerco Canyon presents a rare investment opportunity. With breath-taking ocean views and a large commercially zoned lot, The Property calls for repurposed use such as creative office and retail space-a development that takes full advantage of the site and location. The property is currently used as a private residence and a dog kennel with a total construction area of approximately 2,140 sq.ft, not including the dog kennel. The triangle-shaped lot encompasses 1.47 Acres of land.

2700 Ocean Boulevard

Price: $5,850,000
Units Total: 2
Lot Size: 2,614
Living Area: 2,948
Year Built: 1929
Parking: 1
Days on Market: 49
Description: PRICE REDUCTION Unique California Classic 3 bed, 3 bath Spanish Villa including an additional two-story one bed / bath Casita, all with unsurpassed water views. Originally built in 1929 and recently renovated, this one-of-a-kind property is situated on 125 curb feet of coveted Ocean Boulevard offering breathtaking panoramic views of the ocean, bay, and Newport Harbor entrance. Set above China Cove and just steps away from Inspiration Point and Big Corona Beach, this architecturally unique home offers the ultimate California Riviera lifestyle. The main house includes three bedrooms, three baths and original elevator, attached sports garage equipped with both his and hers top of the line 404 paddle boards and Newport Electric Bike custom beach cruisers. The ground level of the main house includes two beds, full bath and den and private garden area again with stunning views. From the second level, the master bed, formal living, dining, and gourmet kitchen with spectacular views. Wrap-around viewing deck perfect for dining alfresco and watching whales, incredible sunsets, and surf at the famous wedge. The attached ocean view, one bedroom one bath Guest House with large deck offers privacy great for guests or in-laws. Wake to the sights and sounds of the sea and you’ll never want to leave. Easy access to both bay and ocean beaches and world Class shopping and dining just moments away.

Newport Beach, 224 20th Street

Price: $10,995,000
Units Total: 3
Lot Size: 5,227
Living Area: 5,700
Year Built: 1964
Parking: 7
Days on Market: 117
Description: This extremely rare Balboa Peninsula Bayfront triplex has one of the most spectacular Newport Harbor, Fashion Island, Saddleback mountain, and city lights views in Newport Beach. With over 5,700 sq.ft of living space, this property has three full levels of living that is highlighted by the handsome 3,000 square foot owner’s unit; it features panoramic vistas, a living room with a dual sided fireplace, dining area, family room, a generous-sized kitchen with maple cabinetry, stainless steel appliances and granite countertops; a luxurious master suite with a fireplace, his and hers baths, two additional bedrooms with ensuite baths, a powder bath, laundry room, an office work area and a unbelievable rooftop deck with “jaw dropping” views and a jacuzzi. The two lower level units each have three bedrooms, two baths, fireplaces, great rooms with galley kitchens, a shared laundry facility, and big harbor vistas. The property features 48’of bayfront, a private pier and slips for two boats including a 70’; a 3-car tandem garage for the owner’s unit and two 2-car tandem garages each designated to the lower units. Located on a quiet street within easy walking distance of all of the fun of Newport Beach including the Newport Pier with its world-famous boardwalk, Blackies surfing beach, and great restaurants and nightlife. This property is perfect for an owner who seeks an “up or down leg” to a 1031 exchange, or for the owner who wants a luxurious owner’s unit and great rental income.

Los Angeles, 2766 JAMES M WOOD

Price: $1,695,000
Units Total: 5
Lot Size: 6,747
Living Area: 880
Year Built: 1902
Parking: Yes
Days on Market: 33
Description: FULLY ENTITLED TO BUILD 15 UNITS WITHOUT DENSITY BONUS OR LOW HOUSING INCOME UNITS. CASH OFFERS ONLY! PROPERTY IS COMPLETELY VACANT. 8 – 2 LARGE BEDROOMS, 4 – 1 LARGE BEDROOMS, 3 – AMAZING STUDIOS. THIS PROPERTY CAN BE BUILT UP TO 29 UNITS WITH TOC (TIER 3)!

Manhattan Beach, 317 Crest Drive

Price: $2,149,000
Units Total: 2
Lot Size: 1,669
Living Area: 1,125
Year Built: 1939
Parking: 3
Days on Market: 33
Description: Rare opportunity to own a freshly remodeled duplex in the heart of the South Manhattan Sand Section. This OVERSIZED half-lot is nestled amongst larger expensive homes which makes this a great investment or owner-user opportunity! This turnkey property consists of a 2bed / 1bath upper unit with ocean views, a lower full sized Studio and large outdoor entertaining area accessible by both units. Unbeatable location, adjacent to the legendary 4th st. Walkstreet, and a quick stroll to the beach and all downtown Manhattan has to offer!

Newport Beach, 900 East Oceanfront

Price: $11,000,000
Units Total: 6
Lot Size: 6,534
Living Area: 5,850
Year Built: 1971
Parking: 6
Days on Market: 109
Description: 6 Oceanfront 2 bedroom 2 bath apartments. Recently remodeled and furnished. Parking 1 space per unit. 70′ wide lot. Rented weekly, monthly or yearly by White Sail Realty management company. Must be purchased with 916 E Oceanfront and 919 E Balboa which are contiguous lots with mutual easement. Each lot has two 3 bedroom 2 bath units with parking. See NP18048168.

Newport Beach, 310 Collins Avenue

Price: $2,899,000
Units Total: 2
Lot Size: 2,614
Living Area: 1,677
Year Built: 2015
Parking: 3
Days on Market: 83
Description: Balboa Island cottage duplex is ideally located a few steps from Ruby Beach and North Bayfront. Built in 2015, this charming single level main cottage home has a stunning great room with vaulted ceiling and cozy fireplace, Italian wood-grain tile floors throughout, spacious kitchen with Wolf appliances, farm sink, quartz counters and stylish glass backsplash. 3 well-appointed bedrooms and 2 dazzling custom marble bathrooms provide inviting space for friends and family. Picturesque 310 Collins Avenue offers sunny front patio with views of the Bay, 2-car garage with a parking pad behind for an additional vehicle, A / C and washer / dryer in both units. In addition: 310 1/2 Collins is an enchanting separate 1 bedroom carriage unit featuring a great room with high beamed ceilings, galley kitchen with quartz counters and farm sink, bedroom with built-ins, a laundry area, woodgrain tile flooring and private outdoor deck. Flawless attention to detail including designer finishes, custom millwork, doors and hardware make this duplex a True Gem. Balboa Island is a one-of-a-kind treasure surrounded by the tranquil Newport Bay. Previous Rental income available upon request. ******************Don’t Miss the video! ************************

Marina del Rey, 3806 OCEAN FRONT

Price: $7,650,000
Units Total: 2
Lot Size: 3,641
Living Area: 4,521
Year Built: 1968
Parking: 6
Days on Market: 214
Description: Rare opportunity to own an OCEAN FRONT DUPLEX on the Marina Peninsula! Built in 1968, all units have been remodeled and feature unobstructed ocean views. Unit #1 is on the ground floor and has direct access to the beach. Unit #2 is located on the second floor with floor to ceiling windows overlooking the ocean. Both ocean front units have fireplaces in the living room. There are two guest rooms in the rear of the building on the second floor. All units will be delivered vacant. The building has brand new heating and air conditioning.

Newport Beach, 200 East Oceanfront

Price: $4,100,000
Units Total: 2
Lot Size: 2,614
Living Area: 2,427
Year Built: 1930
Parking: 2
Days on Market: 102
Description: Capturing the essence of Newport Beach, 200 E. Oceanfront embraces a lifestyle indicative of its warm appeal. From the intimate, sunlit reading room, to its original brick-laden cottage fireplace, this charming 2-unit beachfront cottage showcases a uniquely compelling palette. Stretches of sand greet the boardwalk and entry, creating a surreal environment to enjoy coastline and ocean views. The 4 Bedroom / 3 Bedroom Front Unit, and 1 Bedroom / 1 Bathroom Back Unit Duplex is situated on a private corner lot, steps from Newport’s famed Balboa Pier, local restaurants, amenities, and Balboa Fun Zone, making it the perfect getaway for visitors and locals alike.

777 South Coast Highway

Price: $2,995,000
Units Total: 3
Lot Size: 2,614
Living Area: 1,790
Year Built: 1929
Parking: No
Days on Market: 418
Description: • Rare and Valuable Vacation Rental Permit, Ability to Rent as Vacation Rentals Year Round • One of only a Handful of Properties in Laguna Beach with a Legal Permit for Vacation Rentals • Spectacular Beach adjacent Location in Laguna’s Downtown Village • Ocean Views and Beach Access for Tenants • Walking Distance to Gourmet Restaurants, Cafe’s, Art Galleries, and Retail Shopping • Consistent High Rental Demand with Waiting List for Vacation Rental Tenants The subject property, Laguna Village, is a unique mixed use retail and multifamily property located on the ocean side of South Coast Highway within the Village of Laguna Beach. It is only steps away from the sandy beaches, markets, restaurants, and all the amenities of downtown Laguna. The property is comprised of a retail store with frontage on Coast Highway, and two stylishly furnished two-bedroom apartment units with decks, oceans views, and direct access to the village and the beautiful beaches on the coastline. The retail portion is fully leased to Otana Salon, who has operated their business for many years, catering to the local community as well as to tourists who frequent the area. The two apartment units are beautifully furnished two-bedroom units that can sleep 4-6 people.