Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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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, 1409 Nadeau Street

Price: $49,000
Units Total: 2
Lot Size: 6,918
Living Area: 1,825
Year Built: 1928
Parking: 0
Days on Market: 27
Description: PROBATE AUCTION! GREAT OPPORTUNITY TO BUY AN UNDIVIDED 25% INTEREST IN A PROPERTY IN AN UNINCORPORATED AREA OF LOS ANGELES COUNTY. 1409 NADEAU STREET CONSISTS OF A 1 BEDROOM, 1 BATH HOME WITH LIVING ROOM, DINING AREA, KITCHEN, LAUNDRY ROOM AND BACKYARD. 1408 E. 78TH STREET CONSISTS OF A 4 BEDROOM, 2½ BATH HOME WITH LIVING ROOM, DINING AREA AND KITCHEN WITH BREAKFAST AREA. SOME BEDROOMS AND BATHS MAY NOT BE PERMITTED. BUYER TO VERIFY ALL PERMITS.

Barstow, 25450 Jade Road

Price: $125,000
Units Total: 3
Lot Size: 30,000
Living Area: 2,917
Year Built: 1952
Parking: 3
Days on Market: 70
Description: GOOD INVESTMENT PROPERTY WITH OVER HALF AN ACRE LOT. THIS ONE STORY DUPLEX HAS 3 BDRMS and 2 BATHS RENTS FOR $700 AND 2 BDRMS and 1 BATH RENTS FOR $650. THE 3RD UNIT IS BEING USED AS A GARAGE and UTILITY ROOM, IT COULD BE CONVERTED BACK TO A 3RD UNIT. Please do not disturb tenants, they are not aware of the sale

Blythe, 145 7th Street

Price: $50,000
Units Total: 2
Lot Size: 6,098
Living Area: 1,120
Year Built: 1963
Parking: 0
Days on Market: 26
Description: Duplex. Great Rental income Opportunity. This property needs your TLC.

Needles, 625 West Broadway Street

Price: $459,900
Units Total: 25
Lot Size: 15,000
Living Area: 9,760
Year Built: 1951
Parking: 26
Days on Market: 138
Description: Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. Most of the units are upgraded with Ceramic tiles and new paint. Upgraded plumbing and electrical systems. The building currently has copper plumbing and copper wiring. New toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is one of the oldest cities in San Bernardino County. Founded in 1883 with the coming of the railroad, and incorporated October 30,1913 as a California Charter City. Located in the very heart of the lower Colorado River recreation area just across the bridge from Arizona and by the tip of Nevada. Needles is the gateway to the Golden State. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendants of the Mojave Indians still reside in the area. EXCLUSIONS:

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.

Needles, 110 South L Street

Price: $85,000
Units Total: 2
Lot Size: 3,500
Living Area: 1,607
Year Built: 1930
Parking: No
Days on Market: 126
Description: This investment opportunity is comprised of two buildings. There is a two bedroom one bath unit and a studio with one bath unit. The month to month rental agreements allow any new owner to adjust the leases to their liking upon acquisition. The utilities are paid for by the tenants offering the owner a low expense income generating asset. The income and expenses can be found in the financial summary.

Rialto, 139 North Palm Avenue

Price: $250,000
Units Total: 0
Lot Size: 7,000
Living Area: 4,595
Year Built: 1914
Parking: 2
Days on Market: 406
Description: INVESTORS DELIGHT! GREAT INVESTMENT OPPORTUNITY! SELLER IS VERY MOTIVATED! Property is a Duplex with one unit 3bd 2 bath and the other unit is 2 bed and 1 bath. Conveniently located next to shopping centers, park, restaurants, the closest school is Rialto Middle School. Home located in a quiet community. Close to I-10 Freeway. There is a formal living room, and nice size family room downstairs on main unit. The master bedroom is nice and spacious. Investors bring your offers. This homes potential is endless. Cash Offers OK, Conventional Financing OK.

Blythe, 230 East Hobsonway

Price: $729,900
Units Total: 17
Lot Size: 42,250
Living Area: 13,300
Year Built: 1942
Parking: 0
Days on Market: 26
Description: This sale consists of two separate income assets; a retail strip center and a multifamily property. With a combined 17 units and 13,300 rentable square feet, this income portfolio offers investors the opportunity for a high returning asset. The pro forma cap rate is over 9%. The multifamily property has a great unit mix with two studios, four one bedrooms one bath units, and (2) two bedroom one bath units. The retail strip center offers nine units with eight units measuring at approx. 850 sq.ft each. There is one unit that has approximately 1700 sq.ft. Both properties have had some updates. The expenses on these units are minimal with the tenants being responsible for most. The tenants at the retail strip center are on a modified gross lease. Submit all offers!

1543 North Mountain View Avenue

Price: $120,000
Units Total: 3
Lot Size: 7,535
Living Area: 2,184
Year Built: 1947
Parking: 3
Days on Market: 245
Description: Cute fixer that needs some work. Property will need a new roof and all new plumbing. Back unit a / c unit was stolen. It also has heat but doesn’t function properly. Old a / c unit has leaked and destroyed the roof. 2 other units have working heaters but not a / c. Though there are garages, the set up makes it impossible to enter or exit driveway without all previously parked vehicles backing out and vise versa, and the same thing for parking in the driveway. 2 garage doors don’t open. There are sewer problems. There are rodent problems. There are transients that trespass the property. Street parking along the curb is preferable. This is a short sale and is in the beginning stages of being approved by the lender.

Needles, 130 San Luis Street

Price: $94,900
Units Total: 2
Lot Size: 6,250
Living Area: 1,620
Year Built: 1965
Parking: 4
Days on Market: 214
Description: Great investment opportunity with very few owner expenses. Property consists of two units with all utilities separately metered. Meaning gas, water, trash, and electricity are the tenants responsibility. The two units are both two bedroom one bath spaces. Each unit has an attached garage and both units combine for a total of 1,620 sq.ft. This investment asset offers over 11% return. Please see the financial summary for the expense and income breakdown.

Yucca Valley, 6395 EL DORADO Avenue

Price: $98,000
Units Total: 2
Lot Size: 7,200
Living Area: 1,658
Year Built: 1981
Parking: Yes
Days on Market: 61
Description: ONLY CASH, NON-CONTINGENT OFFERS WILL BE CONSIDERED BY THE SELLER. THIS IS A RECEIVERSHIP SALE. ALL OFFERS AND FINAL SALES ARE SUBJECT TO COURT APPROVAL. ALL SALES ARE SUBJECT TO COURT APPROVAL. “AS IS’ SALE. NO REPRESENTATION OR WARRANTIES ARE MADE BY THE BROKER AND / OR RECEIVER. VACANT – REHAB OPPORTUNITY

Needles, 633 Cibola Street

Price: $159,900
Units Total: 3
Lot Size: 7,500
Living Area: 2,700
Year Built: 1940
Parking: 0
Days on Market: 129
Description: Multi Unit priced to sell. Duplex: 1 bedroom 1 bath needs a little TLC, 2 bedroom 1 bath has new laminate flooring in living room, commercial tile in kitchen and bath, window A / C and central heat. 3 bedroom 2 bath has new laminate flooring, linoleum in bath, new paint, and central air and heat.

66232 SANTA ROSA Road

Price: $95,000
Units Total: 2
Lot Size: 10,454
Living Area: 1,600
Year Built: 1960
Parking: Yes
Days on Market: 61
Description: ONLY CASH, NON-CONTINGENT OFFERS WILL BE CONSIDERED BY THE SELLER. THIS IS A RECEIVERSHIP SALE. ALL OFFERS AND FINAL SALES ARE SUBJECT TO COURT APPROVAL. ALL SALES ARE SUBJECT TO COURT APPROVAL. “AS IS’ SALE. NO REPRESENTATION OR WARRANTIES ARE MADE BY THE BROKER AND / OR RECEIVER.

Blythe, 326 East Murphy Street

Price: $289,900
Units Total: 8
Lot Size: 18,998
Living Area: 4,800
Year Built: 1942
Parking: No
Days on Market: 214
Description: Great investment opportunity in the city of Blythe. These eight units sit on 2 lots, both of which are included in the sale. The property is currently 100% occupied. With very few owner responsibilities this investment offers good cash flow and an easy to manage asset.

29 Palms, 73752 Crestview Drive

Price: $159,000
Units Total: 3
Lot Size: 8,864
Living Area: 2,600
Year Built: 1949
Parking: 3
Days on Market: 146
Description: Beautiful newly renovated property, new paint and new flooring. 100% occupied located in a quite development.

Blythe, 364 North 1st Street

Price: $94,888
Units Total: 2
Lot Size: 7,841
Living Area: 1,472
Year Built: 1916
Parking: 2
Days on Market: 214
Description: Great investment opportunity. This duplex features two detached buildings. The front building is a three bedroom one bath unit. The rear building is a one bedroom one bath unit. With the units being separately metered for gas, water, and electric there are very few expenses the investor is responsible for.

Barstow, 708 East Virginia Way

Price: $220,000
Units Total: 4
Lot Size: 9,647
Living Area: 3,392
Year Built: 1981
Parking: 4
Days on Market: 139
Description:

Blythe, 147 Date Road

Price: $149,000
Units Total: 3
Lot Size: 8,712
Living Area: 2,232
Parking: 3
Days on Market: 157
Description: Great investment property. Looks new! Three units newly renovated, electrical wiring were rewired. Shingle roof is newly installed with R-30 ceiling insulation. Carport has new rolled roof. The rest roofs are two to three years old. All units are ready for occupancy. One – three bedrooms two bathrooms, two – two bedrooms one bathroom. Seller is very motivated, all offers will be considered.

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.

Barstow, 1291 Irwin Road

Price: $185,000
Units Total: 0
Lot Size: 5,500
Living Area: 2,676
Year Built: 1989
Parking: 0
Days on Market: 231
Description: Nice triplex located in Barstow. Largest unit is a 3 bed and 2 bath and the remaining two units are 2 bedrooms, 1 bath each. Property includes a chain link side yard and plenty of space for vehicles. This is a great income producing property. Please do not disturb tenants.

Blythe, 350 Stewart Street

Price: $129,000
Units Total: 2
Lot Size: 8,276
Living Area: 1,848
Year Built: 1989
Parking: 2
Days on Market: 738
Description:

Barstow, 128 West W Williams Street

Price: $151,900
Units Total: 3
Lot Size: 7,500
Living Area: 2,099
Year Built: 1930
Parking: 0
Days on Market: 171
Description: Charming units in Barstow with Upgrades. Includes front house with front porch and covered patio, rear 2 story house and middle Studio. All units have washer / dryer hook ups. Effective year built 1955 according to tax assessor. Rear house completely re-done in 2015. Assessor shows 324 sq. Ft. Garage. Garage has been converted to studio unit. Front house rents for $650 and tenant pays gas and elec. Back house rents for $600 and tenant pays electric. Middle studio unit has just been remodeled and could be rented for $400.

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.