Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Bell Gardens, 5825 Florence Avenue

Price: $2,750,000
Units Total: 30
Lot Size: 10,163
Living Area: 853
Year Built: 1942
Parking: 0
Days on Market: 86
Description: Garden Trailer Park is located at 5825 E. Florence Ave. Bell Gardens, Ca 90201 and is a 27 spaces trailer home park. This is a great re-development opportunity in the city of Bell Gardens! With great street frontage and high visibility. The park is just around the corner from the Bicycle Casino and near other big box retailers and chain restaurants. The property is perfect for a developer who has experience with projects in dense infill areas. The property is serviced by city water and sewer utilities. Electricity and Gas is sub-metered and paid by the tenants. The park pays for the water, trash and sewer. The park consists of Four parcels . The property contains of 2 shops in the front one in Barber Shop and the second is party supplies. The property also comes with a billboard which is on month to month agreement. A coin laundry and a 2bed / 1 bath house in the back. This won’t last collecting near $24,000 / per month

Laguna Beach, 150 CRESS Street

Price: $7,498,000
Units Total: 3
Lot Size: 7,241
Living Area: 3,415
Year Built: 2007
Parking: 6
Days on Market: 176
Description: Lifetime opportunity! This spectacular, trophy property offers three (3) world class beach villas with at least six (6) parking (very rare) nestled on a prime beachfront location in World Famous Laguna Beach. Appointed to the nines, this luxury property offers the very best in form, function and location. The three beach villas boast single level floorplans enhanced with the finest designer finishes. Spectacular outdoor spaces include 4 fire pits, multi-level conversation spaces, with incredible ocean-view verandas. Mere feet from beach access, and within walking distance of many fine restaurants and shops. Mixes of three villas are 2 bed r and 1 bath; 3 bed and 2 baths: and 3 bed rooms and 2.5 baths. Each villa has the appointments rivaling better than the most prestigious hotels in town. Excellent use as a beach house for family and friends; as a second home when needed and rent the villas as vacation rentals and / or rent them as needed to supplement the income to offset property and other taxes. Villas offer a viable 1031 exchange for your investment dollars and enhances your great investment opportunity in one of the best and classy beach City in the United States. Currently the villas are utilized as high end vacation rentals with excellent income stream.

1820 Manhattan Avenue

Price: $2,300,000
Units Total: 2
Lot Size: 2,343
Living Area: 1,100
Year Built: 1921
Parking: 4
Days on Market: 218
Description: GO FOR EQUITY ON DAY ONE WHEN YOU BUILD ON THIS PERFECT SPOT. THESE LISTING PHOTOS WERE TAKEN BY A HUMAN BEING-NOT A DRONE-SO THEY ARE A REALISTIC PORTRAYAL OF THE WONDERFUL PANORAMIC VIEWS YOU WILL ENJOY WHEN YOU BUILD YOUR DREAM HOME. AND THE VIEWS WILL NOT INCLUDE ANY TELEPHONE WIRES-THIS ONE OF THE FEW BLOCKS IN HERMOSA WITHOUT THEM. AND VIEWS WILL BE FROM INTERIOR LIVING SPACES, NOT JUST A ROOFTOP DECK OR A BALCONY FROM WHICH YOU HAVE TO CRANE YOUR NECK TO SEE BLUE AT ALL. THIS HBR2 PROPERTY AS IT NOW STANDS IS AN UP AND DOWN DUPLEX AND A DETACHED 2 CAR GARAGE WITH A PRIVATE YARD IN BETWEEN THAT IS THE PERFECT EXTENSION OF THE LIVING SPACE. BUT WHAT AN OPPORTUNITY TO BUILD. CHECK OUT PRICES OF SFRs OVER 3,600 SQ. FT. ON THE MARKET NOW-THEY AVERAGE $4.9M. JUST 2 BLOCKS FROM THE BEACH, IN CLOSE PROXIMITY and WALKING DISTANCE TO SAND, HERMOSA PIER, SHOPPING, RESTAURANTS AND AWARD WINNING SCHOOLS. DROP ON BY! PLEASE DO NOT TRESPASS, DO NOT DISTURB TENANTS. GREAT TENANTS-WHO WANT TO STAY. YOU WILL ENJOY INCOME WHILE PLANNING YOUR BEACH GETAWAY. BUYING HERE HAS BEEN A SMART DECISION FOR OUR FAMILY-IT WILL BE FOR YOURS TOO.

Manhattan Beach, 412 16th Street

Price: $3,199,000
Units Total: 2
Lot Size: 2,700
Living Area: 1,622
Year Built: 1957
Parking: 3
Days on Market: 129
Description: Well maintained beach duplex located on a full 30×90 walk street lot, located just steps from the sand, pier and downtown restaurants and shops. Front unit contains 2 bedroom / 2 baths and back unit is a 1 bedroom / 1 bath. 3 car garage provides ample parking. Property features a shared central courtyard and a private patio off the 2 bedroom unit.

Venice, 2500 STRONGS Drive

Price: $3,250,000
Units Total: 3
Lot Size: 2,890
Living Area: 1,662
Year Built: 1947
Parking: 3
Days on Market: 10
Description: PROPERTY TO BE DELIVERED VACANT AT THE CLOSE OF ESCROW. This is a rare triplex on the Venice Canals. Located next to the most iconic bridge in the canals. Great location for a owner / user with additional income. In addition, the buyer could check with the city as to the possibility of modifying or replacing the current structure with a single family home or rental units. In the past vacation rentals in the area have been very profitable.

Venice, 546 Sunset Avenue

Price: $2,000,000
Units Total: 2
Lot Size: 5,766
Living Area: 1,056
Year Built: 1924
Parking: 0
Days on Market: 209
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

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: 1
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.

408 North Pacific Coast

Price: $1,500,000
Units Total: 4
Lot Size: 6,734
Living Area: 924
Year Built: 1908
Parking: 0
Days on Market: 11
Description: 408 North PCH offers a covered land play opportunity surrounded by outstanding credit tenant synergy in the South Bay city of Redondo Beach, CA. The 6,733 lot is zoned C-2B meaning all future uses on the property must be commercial. Existing Structures 3/2 front house plus two 1/1 Rental units and Clearchannel Billboard income on a commercially zoned lot fronting Pacific Coast Highway. The property also includes a 6-car parking lot on Gertruda Ave. The allowable FAR per the zoning is. 5, by right the buildable area is 3,336 sq.ft.

Long Beach, 1209 East 2nd Street

Price: $1,199,000
Units Total: 4
Lot Size: 4,180
Living Area: 760
Year Built: 1919
Parking: 1
Days on Market: 44
Description: Do not miss out on owning this beautiful vintage charm property centrally located in the prime are of Alamitos Beach in the city of Long Beach. Compromised of four large one bedroom units the includes a refrigerator, stove and wall heater. Blocks from the ocean, restaurants, parks, coffee shops, metro and bus stops. Look no further and add this to your portfolio.

Corona del Mar, 505 Poppy Avenue

Price: $1,899,000
Units Total: 2
Lot Size: 3,540
Living Area: 1,211
Year Built: 1950
Parking: 2
Days on Market: 145
Description: Building opportunity! Potential for ocean views. Great property in the Village of Corona del Mar consists currently of two units- the back is a studio unit with separate kitchen, bath, and large private yard. The front is a 2BR, 1 BA with front yard space and private patio. R-2 lot, street to alley. Two single garages. Licensed with the City of Newport Beach for short-term rental -this is a great opportunity for a builder / investor to make extra money while going through the build process with the City. Great location close to beach, shops, restaurants, Crystal Cove Promenade and Fashion Island.

Laguna Beach, 271 High Drive

Price: $1,895,000
Units Total: 2
Lot Size: 4,758
Living Area: 1,215
Year Built: 1921
Parking: 2
Days on Market: 135
Description: Unique and charming duplex in North Laguna. Both apartments are one-bedroom units. The upper unit has a large livingroom with a fireplace and wonderful ocean views. The lower unit is also spacious. The property has a double garage which is serviced by an easement from Poplar Street. The roof of the garage has been utilized as a large ocean view deck. There are a couple of outside patios for entertaining as well as some yard space.

Corona del Mar, 517 Orchid Avenue

Price: $2,298,500
Units Total: 2
Lot Size: 3,328
Living Area: 1,600
Year Built: 1946
Parking: 2
Days on Market: 49
Description: This coastal duplex (currently used as a non-conforming tri-plex) with cottage style living is located in the heart of Corona Del Mar. The front unit offers 2 bedrooms and 2 bathrooms. It features an open floor plan with modern wood floors, a cozy brick fireplace, white beamed and scraped ceilings, and modern paint colors. The light catching dutch door opens up to the front patio and yard. The spacious bedrooms each have en-suite bathrooms and closets with plenty of storage. Additional upgrades / features include upgraded lighting, baseboards, panel doors, windows, faucets, sinks, toilets and showers. This unit also has a private interior laundry room off of the kitchen. A private courtyard separates the front house from the back units. The back units are each 1 bedroom, 1 bathroom units (one upper and one lower). The lower unit is the non-conforming unit. It features wood floors, upgraded windows and baseboards, cozy kitchen area with an attached bathroom and accordion folding glass doors that open to the private courtyard with gas fire pit area. The upper back unit sits above the garage area. It features vaulted wood beamed ceilings, upgraded lighting, windows, doors, baseboards, wood flooring, and large bedroom with attached upgraded bathroom and French doors to the private balcony area with plenty of space for outdoor living and a relaxing view. Separate laundry area / hookups are situated in one of the 1 car garages. Located within blocks of the beach, dining and entertainment.

Laguna Beach, 240 JASMINE Street

Price: $1,898,000
Units Total: 2
Lot Size: 2,850
Living Area: 1,365
Year Built: 1925
Parking: 3
Days on Market: 210
Description: North Laguna Beach Hidden Gem! This spectacular top-of the line beach property is located just one block east of the most sought after Heisler park and Main Beach. This trophy and turnkey property was remodeled with unique and high end products to offer great standard of living. This classy two-story duplex consists of one bed and one bath villas with full kitchen facilities in each unit (Upper and Lower Units). This duplex property offers a very large secluded and private court yard and ocean view decks. Further, Villas come with a separate laundry facility, an office / artist studio with a mezzanine storage, additional storage, one car garage and one or two car parking spaces. To enhance life style both landscape and hardscape are well integrated into living spaces to offer beautiful beach lifestyle. Don t miss this opportunity to own an Income producing Beach Home in the famous beachside community of North Laguna Beach! Or live in Upper or Lower unit and rent the other unit to provide additional income.

Hermosa Beach, 224 Bayview Dr

Price: $1,499,000
Units Total: 2
Lot Size: 1,499
Living Area: 1,080
Year Built: 1947
Parking: 0
Days on Market: 3
Description: Gorgeous Sand Section Duplex! Duplex consists of upstairs unit which is 2 bedroom / 1 full bath and downstairs unit which is one bedroom and one 3/4 bath. Both units are very spacious; newly painted AND new flooring. Awesome location with being only 1 block to the beach and a short walk to downtown Hermosa Beach in one direction and the Redondo Beach Pier and King Harbor in the other direction. Both units have updated kitchen with newer appliances. The duplex shares a rear yard and deck perfect for entertaining, kids and pets! Amazing income property! Or live here now and build in the future. Check with city regarding parking permits for this duplex location. Great location, great property. This one won’t last!

Los Angeles, 4349 PROSPECT Avenue

Price: $1,600,000
Units Total: 2
Lot Size: 6,750
Living Area: 1,160
Year Built: 1910
Parking: 0
Days on Market: 247
Description: Los Feliz area duplex. 2 houses on the lot. 2 bedroom + 1 bath each. Approx 1700 sq.ft total. Above ground pool in yard between houses. Each house has garage with long driveway leading to each. Nice landscaping in front. R2 zoning. Several multi unit properties in area. Front unit is apx 1296 sq.ft, Back house is apx 678 sq.ft.

5261 Harmony Avenue

Price: $1,499,000
Units Total: 2
Lot Size: 7,509
Living Area: 1,095
Year Built: 1959
Parking: 2
Days on Market: 3
Description: ATTENTION DEVELOPERS AND INVESTORS! This Project is almost approved and will be delivered with RTI. This project is a multi-family development oppurtunity that is located in the heart of NOHO walking distance to NOHO Arts district and Metro. The project consists of Twelve modern units in total with eight 3 bed, four 1 bed plus den. The existing income producing duplex comes with tenants on month to month. All units have been designed to minimalize run cost and expenses by having all units be individually metered for utilities.

Newport Beach, 2110 West Oceanfront

Price: $5,275,000
Units Total: 4
Lot Size: 4,850
Living Area: 3,920
Year Built: 1925
Parking: 5
Days on Market: 131
Description: AN INCREDIBLE AND RARE OPPORTUNITY FOR THIS DOUBLE LOT ON A SPECTACULAR OCEANFRONT / BOARDWALK. RETAIL / RESTAURANT AND CONDO LOCATION OFFERS STUNNING OCEAN VIEWS FROM THIS ONE OF A KIND PROPERTY ON THE BALBOA PENINSULA. ONE OF THE MOST SOUGHT AFTER LOCATIONS IN NEWPORT BEACH AND SO CAL FAMOUS BEACH AREA. THIS PROPERTY CONSISTS OF TWO RETAIL STORES (DOWNSTAIRS) and TWO CONDOS (UPSTAIRS) – ONE CONDO WITH FULL ON UNOBSTRUCTED OCEAN VIEWS. PATIO AREA AND LAUNDRY AREA, PARKING FOR 4 CARS AND LARGE STORAGE AREA. PRIVATE STAIRCASE TAKES YOU TO THE UPSTAIRS CONDOS. TWO RETAIL UNITS WITH PERFECT LONG TIME TENANTS. ADDRESS 2112 ALSO INCLUDED IN SALE. WALKING DISTANCE TO SAND and WAVES, PIER, FINE DINING, BAY AND YACHT CLUBS. ****PLEASE DO NOT, I REPEAT! DO NOT DISTURB ANY OF THE TENANTS.

Hermosa Beach, 419 24th Street

Price: $1,799,000
Units Total: 1
Lot Size: 3,016
Living Area: 1,337
Year Built: 1911
Parking: 2
Days on Market: 66
Description: Huge Price Drop! Motivated Seller! This is a Classic Beach Bungalow with TONS of charm is located on a deep lot at the peak of the Hermosa Sand Section. The home is currently rented to great tenants for $3600 / month (escalating to $3800 / month in January 2018) through June 2018. It is perfect for a modest owner as an investment, owner user property or as a development opportunity. The property is also being offered as an extension development opportunity to architect Michael Lee’s design next door at 429 24th Street, Hermosa Beach (See MLS ID: SB17141879). If you eventually build, you will have the potential for wonderful Palos Verdes and ocean views. Located just 4 short blocks from the beach and a few more to Downtown Hermosa Beach, this is an oversized Sand Section lot that is filled with potential. The wonderfully, classic Bohemian home exudes charm.

Newport Beach, 1520 Abalone Place

Price: $2,800,000
Units Total: 2
Lot Size: 2,614
Living Area: 2,090
Year Built: 1972
Parking: 3
Days on Market: 82
Description: Little Balboa Island duplex one house to the water, fully remodeled in 2016, is ready for its new owner! This premier property is on a corner lot with a new private elevator that accommodates a walker. The main house is an open great room plan filled with natural light and a harbor view down the street through the large picture window! The chef’s kitchen has all you need to entertain with ease. Granite counters throughout the house. Designer perfect 3 bedrooms are all en suite with walk in closets. The master suite is beautifully spacious and has custom built-ins for loads of storage. Enter the gorgeous master bath with dual sink basins, rain shower and soaking tub. The other two bedrooms are equally wonderful with full baths and walk in closets. Amenities simply unheard of in a duplex on the little Island. The elevator will carry you from entrance to living area with ease. This main house is structurally set up for a roof deck should you desire more outdoor living space and views! The rear unit is equally beautiful, light and open. One bedroom with a full bath, its so comfortable you would never know you were in a rear unit. Each unit has air conditioning, washer and dryer, new double pane windows, separate outdoor living spaces and much more.

3216 Manhattan Avenue

Price: $5,500,000
Units Total: 4
Lot Size: 3,497
Living Area: 4,144
Year Built: 1973
Parking: 9
Days on Market: 4
Description: Location! Location! Location! Don’t miss out on this rare opportunity to own a highly desirable residential four plex with a potential rental income of $15,000 / month located directly across the street from one of the most beautiful beaches on the west coast. Manhattan Beach is a laid-back South Bay community popular with families and outdoor enthusiasts and is home to fashionably chic shopping, cafes, pubs, creative upscale eateries.

Santa Monica, 1248 25TH Street

Price: $1,845,000
Units Total: 2
Lot Size: 5,293
Living Area: 1,397
Year Built: 1931
Parking: 0
Days on Market: 2
Description: Beautiful duplex in Santa Monica. Perfect opportunity for an owner-user looking for a place to live in Santa Monica. Central West-side location with access to the beach, shops, and restaurants along Wilshire Blvd. And Montana Ave. Unit mix consists of a one bed / one bath and a two bed / one bath. Both are currently tenant occupied, please do not disturb tenants.

Manhattan Beach, 323 23rd Street

Price: $4,100,000
Units Total: 2
Lot Size: 2,705
Living Area: 3,118
Year Built: 1992
Parking: 4
Days on Market: 64
Description: Two detached single-family homes (2 APN’s) offer breathtaking views from Malibu to Palos Verdes. 323 23rd Street consists of 1502 sq.ft. 2 bedrooms and 2.5 bathrooms featuring a grandfathered roof deck with stunning panoramic and sunset views of the Pacific. The master bath has a large glass shower completed with spa-like tub. 324 23rd Place has 1616 sq.ft. Of living area with an oversized tandem garage. This 3 bed 2 bath has a generous living room with large fireplace, updated flooring and lots of natural light. A prime sand section location with its proximity to downtown Manhattan Beach, shopping, restaurants, and award winning Grand View Elementary. It’s a perfect hideaway from the bustling city for anyone in search of a cozy space to call home. Be the lucky one to live the true Manhattan Beach life style.

Newport Beach, 7201 Seashore Drive

Price: $3,055,000
Units Total: 3
Lot Size: 2,178
Living Area: 2,326
Year Built: 1971
Parking: 4
Days on Market: 274
Description: Located on a highly desirable corner lot, just one house from the sand with amazing ocean views. This remodeled duplex, currently offers 3 bedrooms, 2 baths upstairs, and 2 bedrooms, 2 baths downstairs. It can easily be converted to a 6 bedroom, 4 bath single family residence. It features a gourmet kitchen with top of the line stainless appliances and slab granite counters, a spacious master suite with walk-in closet, hardwood flooring and stone clad bathrooms. Other amenities include, air conditioning, a fireplace and a rare three car garage with parking for an additional car. Enjoy beach living, ocean breezes and white water views.

Hermosa Beach, 821 Manhattan Avenue

Price: $4,999,000
Units Total: 7
Lot Size: 2,995
Living Area: 3,865
Year Built: 1953
Parking: 6
Days on Market: 67
Description: 3.70% CAP AND 18.53GRM 2 BLOCKS FROM THE BEACH! 7 UNIT BUILDING THAT HAS BEEN COMPLETELY REMODELED! 2 BLOCKS TO THE OCEAN AND 2 BLOCKS TO DOWNTOWN! ALL NEW KITCHENS WITH QUARTZ COUNTERS, SUBWAY TILE BACK SPLASHES, NEW CABINETS, FARM SINKS AND STAINLESS STEEL APPLIANCES INCLUDING REFRIGERATORS, RANGES, DISHWASHERS AND MICROWAVES. ALL UNITS ALSO HAVE LG WASHERS AND DRYERS. WHITE OAK ENGINEERED WOOD FLOORING THROUGHOUT ALL UNITS. NEW HEATERS, NEW WINDOWS, RECESSED LIGHTING. 4 OF THE UNITS HAVE SKYLIGHTS. ALL NEW BATHROOMS FEATURING RAINHEAD SHOWERS, NEW GLASS ENCLOSURES, SUBWAY TILE AND NEW FIXTURES. SOME UNITS HAVE OCEAN VIEWS AND UPPER TWO BEDROOM HAS A GOOD SIZED DECK AS WELL. BUILDING FEATURES ALL NEW COPPER PLUMBING, NEW ROOF, RAILINGS, DECKS, WALKWAYS, STAIRS AND GARAGE DOORS. NEW ELECTRICAL MAIN PANEL, NEW SUBPANELS INSIDE EACH UNIT AND ELECTRICAL IS UNDERGROUND! EXTERIOR IS A COMBINATION OF SMOOTH STUCCO AND MODERN BARN WOOD SIDING.