Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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17682 Cameron Lane

Price: $3,995,000
Units Total: 10
Lot Size: 16,988
Living Area: 8,763
Year Built: 1985
Parking: 23
Days on Market: 128
Description: Huntington Beach Surf City 10 Plex in Booming Area Next to Huge Medical Center where you have a huge rental base looking to walk to work! Walk to everything you need from this property! Huge Backyard that has possibilities to enlarge this 10 plex! Very Good Condition with lots of new paint, staircases etc! Rare Huntington Beach property in upcoming area! Lots of parking here! Long term tenants have occupied 8 of 10 units. One just rented to market and one unit currently being updated to market rent!

32260 Monte Vista Road

Price: $485,000
Units Total: 2
Lot Size: 7,405
Living Area: 2,100
Year Built: 1986
Parking: 3
Days on Market: 7
Description: Duplex, fully rented, Tile Roof, private fenced yards, garage for each unit. Each unit 3 bedroom / 2bath

Torrance, 1343 West 228TH Street

Price: $639,000
Units Total: 3
Lot Size: 7,200
Living Area: 2,508
Year Built: 1964
Parking: 0
Days on Market: 41
Description: 3 well maintained units 2×1 house with 1 car attached garage front patio, laundry room, and separate building on the buck with 2 x 1 each unit with fireplace and buck patio, laundry hook up with carport. Gus and electric meters are separate and there is 2 water meters ONE UNIT is VACANT great for owner user and qualifying for Low down payment FHA Ok 3.5% for owner user. This property is under Los Angeles rent control and is CM zoning 24 h notes to show. Please do not disturb tenants.

Los Angeles, 5215 Marmion Way

Price: $850,000
Units Total: 4
Lot Size: 5,995
Living Area: 2,150
Year Built: 1922
Parking: 7
Days on Market: 3
Description: Exceptional opportunity 4 units are VACANT in the HIGHLAND PARK AREA. Front Unit 5215 – 2 beds 1 baths and big laundry room, there is a ladder access to the big very spacious high roof attic. Side Unit 5215 1/4 – 1 Bedroom 1 Bath. Rear Unit 5215 1/2 – 1 Bedroom 1 bath. And Studio 5217. Potential for 5 open parking and 2 parking at the rear of the property. Property have 4 electrical meters. 4 Gas meters. The property appeals to an investor looking for significant income and / or an owner-user looking to occupy one unit and obtain supplemental income from the other units. The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to Figueroa Retail Corridor, the Gold Line, and Downtown Los Angeles. HPOZ zoning, buyers to perform due diligence to all aspects of the property, including permits, room count and square footage and neighborhood area

501 North GARDNER Street

Price: $2,450,000
Units Total: 6
Lot Size: 6,477
Living Area: 4,754
Year Built: 1931
Parking: 4
Days on Market: 44
Description: Great investment opportunity located on North Gardner. Vintage 1931 highly desired iconic bungalow style with historic character. Six unit apartment building with additional 600 square foot garage conversion into a studio. Well maintained with original detailing including high ceilings, hardwood floors, original kitchens and bathrooms. Phenomenal location and one of the finest apartment investment areas in Los Angeles near Fairfax and Beverly Blvd., Miracle Mile, Melrose, Los Angeles County Museum and more. Upscale restaurants and shopping centers including the Grove are just a short walk away. Wonderful income and investment opportunity with room for growth. Newly installed tankless water heater with hot and cold water-line. TENANTS PAY FOR ELECTRICITY AND GAS. PROPERTY IS SOLD “AS IS. “. Please submit your offer as soon as possible. Do not miss out on this rare and rewarding opportunity to own a commercial residential property in a prime location!

2414 North Alvarado Street

Price: $1,350,000
Units Total: 3
Lot Size: 7,193
Living Area: 1,655
Year Built: 1908
Parking: 4
Days on Market: 21
Description: This beauty won’t last long! If you love views, natural beauty and upscale modern living in the heart of Echo Park / Silver Lake then this is what you’ve been waiting for! Conveniently located near several freeways, Elysian Park, neighborhood coffee shops, restaurants, hiking trails plus so much more. Make this property your private oasis. This fantastic Triplex in the Hills of Echo Park has been fully upgraded with new flooring, LED energy efficient lighting, dual paned windows, stainless steel cable handrails, newly remodeled kitchens and bathrooms which include all appliances, fresh interior and exterior paint plus so many extras. Each unit has its own outdoor living space with two additional decks offering breathtaking views. This property consists of a 1 bedroom – 1 bathroom, 2 bedroom – 1 bathroom and a studio. Truly a must see to believe. Don’t miss out on this great opportunity!

Long Beach, 1540 Stanley Avenue

Price: $899,000
Units Total: 4
Lot Size: 5,941
Living Area: 1,584
Year Built: 1932
Parking: 3
Days on Market: 126
Description: The offering includes four highly desirable one-bedroom / one-bath cottages and three single-car garages. The units have undergone significant upgrades in the past year, including new flooring, new kitchens with modern cabinetry and stainless steel appliances, renovated bathrooms, light fixtures, and interior and exterior paint. Additionally, the units are separately metered for gas and electricity. The property is securely gated and also features on-site laundry. As a turnkey asset with upgraded detached units and near-market rents in a dense rental market, 1540 Stanley Avenue presents an excellent investment opportunity.

2010 West FLORENCE Avenue

Price: $729,000
Units Total: 4
Lot Size: 5,106
Living Area: 3,036
Year Built: 1957
Parking: Yes
Days on Market: 21
Description: Fabulous Fourplex on Florence Blvd. Zoning is C2, lots of potential. Minutes from the new Rams Stadium, located in high rental demand area with major development. Separately metered, owner pays water. All units are tenant occupied, please drive by only, do not disturb tenants. Offer subject to interior inspection. Performa cap rate will be 7.502

Los Angeles, 1441 MURCHISON Street

Price: $1,495,000
Units Total: 7
Lot Size: 7,500
Living Area: 4,898
Year Built: 1965
Parking: Yes
Days on Market: 12
Description:

Santa Monica, 402 PACIFIC Street

Price: $3,850,000
Units Total: 6
Lot Size: 5,355
Living Area: 3,780
Year Built: 1954
Parking: Yes
Days on Market: 5
Description: 402 Pacific is a 1954 apartment building in an exclusive, irreplaceable prime location. This 6 unit apartment building sits on the corner of Pacific and 4th St and is just four blocks from the beach. Five out of the Six units have gone through an extensive rehab with top of the line finishes. The Three Townhouse units are brand new construction. The subject property consists of Three One Bedroom / One Bathroom Flats and Three One Bedroom / One and One Half Bathroom Townhouses. Two of the One Bedroom flats (approximately 360 sq.ft) have been completely gutted and remodeled with hardwood floors throughout, caeserstone countertops and stainless steel appliances, central air / heat, washer / dryer inside the unit, a camera security system, and brand new bathrooms with tile / glass showers. The Three Townhouse units that are approximately 750,900, and 900 sq.ft have all similar upgrades and each have their own private decks outside of the master bedrooms and large walk in closets.

Santa Monica, 941 10TH Street

Price: $5,766,000
Units Total: 9
Lot Size: 7,523
Living Area: 8,738
Year Built: 1965
Parking: 11
Days on Market: 116
Description: Prime Santa Monica Location. North of Wilshire. 9 Units great mix. Two front units (2BD + 1.75 BTH) with private garden for lower unit. Five townhouse style units (2 BD + 1.5BTH) all with an upper and lower balcony and Two studio units. Many units have been upgraded with new kitchens and hardwood floors. Large bright units with desirable floorplans. 11 subterranean parking spaces and onsite laundry for added income. All units separately metered for electric and gas. New roof installed in 2017. Located 10 blocks from the beach, convenient to shops and restaurants on Montana Avenue and Wilshire. Potential for added. Pride of Ownership building.

Alhambra, 225 Palmetto Drive

Price: $4,500,000
Units Total: 15
Lot Size: 16,553
Living Area: 11,110
Year Built: 1963
Parking: Yes
Days on Market: 54
Description: MacroReal Commercial, Inc. Is pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. THERE ARE APPROXIMATELY 14% UPSIDE IN GROSS POTENTIAL RENTS. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom / one-bath units, 7 two-bedroom / one-bath units, and 1 three-bedroom / two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition.

Jurupa Valley, 3919 Twining Street

Price: $649,999
Units Total: 4
Lot Size: 8,712
Living Area: 2,800
Year Built: 1937
Parking: 0
Days on Market: 8
Description: 4 Plex. The first 2 units have 2 bedrooms 1 bath each, other 2 units have 2 bedrooms 2 baths. Property has laundry area and 7 parking spaces (all covered) Newer roof, updated kitchens, updated baths, title and wood in 3 units. 4th unit needs minor upgrades.

Los Angeles, 123 East 55th Street

Price: $579,000
Units Total: 3
Lot Size: 4,792
Living Area: 2,561
Year Built: 1921
Parking: 2
Days on Market: 32
Description: Amazing opportunity to own a 3-unit recently remodeled property in prime area of Los Angeles just miles away from the Los Angeles Memorial Coliseum and USC. Unit 1 is a spacious 4 Bed / 1 Bath with remodeled kitchen and bathroom. Unit 2 is a 2 bed / 1bath which was completely remodeled a few years ago with upgraded kitchen, bath and flooring throughout. Unit 3 is 1 bed / 1bath with upgraded kitchen and bathroom.

Compton, 600 North Rose Avenue

Price: $525,000
Units Total: 3
Lot Size: 6,500
Living Area: 2,848
Year Built: 1948
Parking: 2
Days on Market: 100
Description: Triplex Probate Opportunity! This property has 3 units comprised of approx. 2800 sq.ft on an approx. 6500 square foot lot. Property is currently tenant occupied (month-to-month). Rents / meters, etc. Are unverified at this time. Probate Sale. As Is. Subject to court confirmation.

Inglewood, 9301 CRENSHAW

Price: $26,000,000
Units Total: 80
Lot Size: 144,956
Living Area: 81,243
Year Built: 1955
Parking: Yes
Days on Market: 232
Description: DO NOT DISTURB TENANTS OR MANAGER / NO PREVIEWS OR OPEN HOUSES / **NEW ATTRACTIVE PRICE** 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 / Approximately 43% 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, spacious balconies, private yards, and laundry rooms. This is a portfolio sale in which all 20 buildings must be purchased together. They include: 9301,9309,9317,9325,9333,9341,9401,9409,9417,9425,9433,9441,9501,9509,9517,9525,9533,9541,9601,9609 Crenshaw Blvd., Inglewood 90305.

Long Beach, 607 East 59th Street

Price: $1,049,900
Units Total: 4
Lot Size: 5,353
Living Area: 2,570
Year Built: 1940
Parking: Yes
Days on Market: 21
Description: Corner lot with 2 separate buildings one commercial other residential; 2 retail offices facing Atlantic Ave, one rented to an insurance company for $1450 / M, the other is seller occupy and could be rented for $1500 (estimated). On the second building on the back there is a large 3 beds / 2bath house with paid SOLAR PANELS and rented for $1750 / M to a very long term tenant, and next to it a 1 bed / 1bath unit rented for $1200 / M both with entrance on 59th ST. Ideal for a buyer who wants to run his own business and live on the back house. PLUS a non conforming studio on the second floor rented for $850 / M. Buyer to cooperate with 1031 exchange at no extra cost. The 2 retail offices are easy to show just call, the other units will need an offer subject to interior inspection to get in.

Covina, 383 North Prospero Drive

Price: $2,488,000
Units Total: 9
Lot Size: 8,989
Living Area: 7,829
Year Built: 1963
Parking: 9
Days on Market: 21
Description: Prospero Apartments, a one-building, nine-unit complex located in Covina. The property features one studio unit*, seven 2 bed / 1 bath units, and one 3 bed / 1.5 bath unit. The building was built in 1963 and is located in close proximity to the 10 and 210 freeways. All units are separately metered for gas and electricity. This is an easy to-maintain investment property with excellent rental upside potential. *One unit is non-conforming, has mailing address. Buyer’s Agent and Buyer to verify all MLS / City / County Info.

Los Angeles, 618 MIDVALE Avenue

Price: $3,995,000
Units Total: 8
Lot Size: 8,833
Living Area: 6,857
Year Built: 1950
Parking: Yes
Days on Market: 21
Description: 618 Midvale Ave in Westwood’s North Village is an 8-unit gem that has been family owned since it was built in 1950. The building has been exceptionally well maintained and it will be delivered with 5 units vacant. 618 Midvale is a short 8-minute walk to UCLA yet it lies on a quiet tree-lined stretch with ample parking and a neighborhood feel. Truly a rare combination. With 5 units delivered vacant at the close of escrow, the new owner will be able to immediately renovate 62% of the units and achieve maximum rents which can rival those in Beverly Hills. The lot is oversized at 8,832 sq.ft and is zoned [Q]R4-1VL. Although the property has been operated as an 8-unit building for decades, public records show 7 units. The property was built with 9 flexible units and the rent registration reflects this. The owner’s unit which is a 2 + 2 will be delivered vacant and can be used as a 1-bedroom and bachelor unit without any building modifications. Buyer to verify.

South Gate, 8602 Garden View Avenue

Price: $629,000
Units Total: 3
Lot Size: 7,183
Living Area: 2,976
Year Built: 1951
Parking: 3
Days on Market: 8
Description: GREAT OPPORTUNITY! ONE UNIT HAS 3 BEDROOM 1.5 BATHROOM, TWO UNITS ARE ONE BEDROOM AND ONE BATHROOM. EACH UNIT HAS A ONE CAR GARAGE. LONG TERM TENANTS IN ALL UNITS. CLOSE TO STORES, FREEWAYS AND SCHOOLS. DRIVE BY ONLY! OFFERS SUBJECT TO INTERIOR INSPECTION.

1358 North Arrowhead Avenue

Price: $818,000
Units Total: 8
Lot Size: 8,400
Living Area: 4,774
Year Built: 1981
Parking: 12
Days on Market: 21
Description: Arrowhead Apartments is located in the City of San Bernardino, a city with dense demographics and a large tenant-based population. The property consists of eight (8) large one bedroom, one bathroom units. There are eight covered parking spaces and plenty of available space for extra parking All units were completely upgraded in 2016. Fully occupied building professionally managed by a local company, well located property near Freeway access, schools and job centers

Palm Springs, 601 West ARENAS Road

Price: $3,795,000
Units Total: 14
Lot Size: 23,958
Living Area: 0
Year Built: 1957
Parking: Yes
Days on Market: 21
Description: Designed by Herbert Burns, this beautifully maintained Mid-Century Modern resort in the Historic Tennis Club neighborhood is all about location and views. There are 14 individualized rooms from a standard studio to a two bedroom apartment with a separate entrance and cozy fireplace. Many with small, full kitchens and private patios. Rooms overlook the pool with fabulous views from each. Another rare attribute of this hotel is off-street parking for guests- hard to come by in this neighborhood. Additional amenities include a front office / reception area, guest pantry for coffee and snacks, on-site laundry, two gas grills, ice machine, and bikes for guests to use. Perfect location-walk two blocks to the heart of town. This property is currently a fully functioning boutique hotel with a long term, loyal clientele. Appointment only. Do not enter property without Listing Agent.

1520 North El Camino Real

Price: $12,950,000
Units Total: 22
Lot Size: 20,489
Living Area: 28,311
Year Built: 2010
Parking: 58
Days on Market: 108
Description: Venetian Villas – Located in a premier beach city 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 North Beach San Clemente. Built in 2010, this Ole Hanson / Spanish design inspired 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.

Hawthorne, 3126 134th

Price: $695,000
Units Total: 2
Lot Size: 5,601
Living Area: 1,748
Year Built: 1940
Parking: 2
Days on Market: 54
Description: Legal duplex. Two separate / detached homes on one lot. The front house 3128 is two bedroom with 1 bath, 740 sq.ft was built in 1940. The back house 3126 is 02 bedroom with 01 bath, 1008 sq.ft. And was built in 1965. The back house is located over the garages. The both of houses have stove + oven + refrigerator and washer-dryer. There is an enclosed back yard behind the back house and a large common area between the homes.