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

Laguna Beach, 31954 Coast Highway

Price: $12,000,000
Units Total: 4
Lot Size: 3,920
Living Area: 1,500
Year Built: 1928
Parking: Yes
Days on Market: 4
Description: Breathtaking 180 degrees of Ocean and mountains views! Must have location! With lovely bungalow home at the prime location of PCH and 8th street. Near the Montage Resort, hospital, supermarket, many stores, and private beach! High income for all four properties. Sale includes 31959,31957 Virginia Way, APN: 056-145-07; 056-145-08; 056-145-09; 056-145-10.

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:

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: 60
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.

Manhattan Beach, 320 35th Street

Price: $5,598,000
Units Total: 2
Lot Size: 2,700
Living Area: 4,451
Year Built: 2017
Parking: 4
Days on Market: 11
Description: Brand new construction townhomes that can be sold together as a duplex and pull in $17,000 / mo in proforma rents. Amazing ocean views that will command big rent and high-quality tenants. Perfect for a 1031 exchange, investor, or owner occupant. Hard to find a better long-term investment than new construction by the beach with views.

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: 63
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.

Venice, 2011 OCEAN FRONT

Price: $3,900,000
Units Total: 2
Lot Size: 2,520
Living Area: 2,248
Year Built: 1959
Parking: Yes
Days on Market: 127
Description: A truly unique opportunity to own a Venice landmark on the world-famous Venice Beach Boardwalk. Currently operated as a Jodi Maroni’s Sausage Kingdom, this property is in one of the most highly concentrated foot traffic areas of Ocean Front Walk. The restaurant encompasses the entire first floor and includes a full kitchen with two walk ins and ample dry storage. The upstairs offers a quiet residence comprised of 2 bedrooms and 2 bathrooms with stunning ocean views. The space is currently owner occupied. This is a once in a life time opportunity that you do not want to miss out on!

Playa del Rey, 165 CULVER

Price: $3,400,000
Units Total: 4
Lot Size: 2,233
Living Area: 2,692
Year Built: 1980
Parking: Yes
Days on Market: 10
Description: This assemblage of a two parcel property is located in the heart of downtown Playa del Rey. C-4 zoning on both lots with a Culver Blvd LAR3 overlay allowing mixed use. Currently occupied by commercial tenants with short term leases. Big upside for best use by utilizing the entire property for high-end retail and penthouse living. Big ocean views. Just 2 block from the beach. Can be bundled as an assemblage with 177 Culver to the Ease and / or the vacant lots adjoining to the North side at 6832 and 6836 Esplanade. Take this piece and plant your flag at Silicon Beach. Adjacent to both the Ballona Lagoon and Park. Previously offered only as part of an assemblage, now offered as Stand Alone sale. Close to LAX, freeways, public transportation. The HUB LOCATION for Manhattan Beach, Playa del Rey, Playa Vista, Venice, Culver City and Downtown LA.

Playa del Rey, 165 CULVER

Price: $3,400,000
Units Total: 4
Lot Size: 2,233
Living Area: 2,692
Year Built: 1980
Parking: Yes
Days on Market: 238
Description:

Brea, 303 Calico

Price: $434,000
Units Total: 0
Lot Size: 300
Living Area: 1,122
Year Built: 1973
Parking: 2
Days on Market: 12
Description: NO ONE ABOVE OR BELOW YOU! A wonderful unit at the Country Road development in a quiet, peaceful area! 2 Bedroom, 2 bath unit with attached 2 Car Garage. All the living areas are on one floor. A newly remodeled kitchen with new cabinetry, back splash, and upgraded appliances. A newly remodeled bathrooms with beautiful vanities and a new shower with marble and seamless doors. Laminate flooring throughout the house. The Living Room has updated flooring and newer paint. The Dining Area is just off the kitchen. A large Master Bedroom. The 2nd bedroom is good size as well. The patio area is great for relaxing facing the green belt. The 2 car garage has an auto-roll up door. The landscaping surrounding this unit is LUSH with several greenbelts and mature trees. Association amenities include pool, spa, comfortable patio furniture, BBQ’s and clubhouse with kitchen and entertaining area. This location couldn’t be better. . close to Downtown Brea, Birch Street Promenade, movie theatres, entertainment, restaurants, the Brea Mall and easy access to the 57 freeway. Tenants have been in the unit for six years. Lease contract is through September 2018. Rent is below market value in the area. Write offers subject to inspection.

Manhattan Beach, 4310 Ocean Drive

Price: $1,500,000
Units Total: 2
Lot Size: 1,046
Living Area: 1,409
Year Built: 1961
Parking: 2
Days on Market: 5
Description: 2beds 2baths 2car garage close to water has been used by owner as single family home unique corner lot and unique floor plan upstairs is split level from living room to two bedrooms and one full bath property to be sold AS IS condition owner will not pay for any repairs

Manhattan Beach, 323 23rd Street

Price: $3,850,000
Units Total: 2
Lot Size: 2,705
Living Area: 3,118
Year Built: 1992
Parking: 4
Days on Market: 123
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.

520 Manhattan Beach Boulevard

Price: $3,500,000
Units Total: 2
Lot Size: 2,483
Living Area: 2,500
Year Built: 1960
Parking: 6
Description: Beautifully located duplex in the heart of Manhattan Beach with ample parking. Building upgrades including wooden floors, HE washer and dryer appliances and additions were made in 2008 creating direct pier and ocean views from the patio and balcony. Each unit is a 2 bedrooms 2 baths open floor plan with a fireplace and a bar area. Plenty of closet space and additional private storage for each unit. Driveway access from 11th Place allows 2 tandem parking for each unit in addition to garage parking. Advantages to property is location: walk to the strand, to trendy dining and shopping, or simply sit on your patio and watch the ocean. Top rated schools and ability to develop an additional 2,000 Sq. Ft. On 11th Place. Buyer to verify all info with the city and do their own investigations. Start enjoying the beach lifestyle, filled with sun, sand and entertainment at your doorstep. Available for seasonal lease, you can move in or make it available for rental, area in high demand. Shown by appointment only. Come to a home where you can walk or ride your bike to most places you need to go to.

Newport Beach, 2214 West Oceanfront

Price: $4,399,000
Units Total: 2
Lot Size: 3,125
Living Area: 3,855
Year Built: 1965
Parking: 5
Days on Market: 245
Description: Situated directly in front of Blackies beach with views of the Newport Beach pier, crashing waves, and Catalina Island, this mixed-use (MU-W2) oceanfront duplex with 5 total parking spaces poses great potential and opportunity for immediate income for one lucky buyer! Thoughtfully designed, each unit enjoys a spacious deck or patio from which to enjoy sunset views or check the surf. The bottom unit boasts a great room concept floor plan in which the living room, dining area, fully equipped kitchen, and patio with dual sliding glass doors blend seamlessly to create the perfect space for entertaining and soaking in the panoramic views. Three spacious bedrooms, 2 bathrooms, multiple ceiling fans, and crown molding make this lower level the ideal place for you or a future tenant to call home. Equally impressive, the upper unit is highlighted by peaked beamed ceilings and even better unobstructed views of the sea beyond. The upper level also features an open floor plan plus 3 bathrooms and 3 bedrooms, one with an elevated reading corner. Also accessible from the upper unit is a 1,100 + sq. Ft. Bonus attic level with beamed dormer ceiling and ocean views permitted as storage space. Additional features of this incredible residence include a 2-car garage, 3 uncovered parking spaces, and a premier location at the center of Newport’s beach, dining, and entertainment scene.

Newport Beach, 7201 Seashore Drive

Price: $3,055,000
Units Total: 2
Lot Size: 2,178
Living Area: 2,326
Year Built: 1971
Parking: 4
Days on Market: 333
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.

Long Beach, 6229 East Seaside

Price: $4,995,000
Units Total: 6
Lot Size: 3,766
Living Area: 8,009
Year Built: 1961
Parking: 6
Days on Market: 33
Description: The Seaside Walk Apartments is an oceanfront six unit apartment community consisting of four two-bedroom units, one three-bedroom unit and one four-bedroom unit. This property presents investors with a rare buying opportunity to acquire a value add asset with rental upside potential. The asset is located in the Long Beach Peninsula which one of Long Beach’s hidden treasures. This small neighborhood features some of the best beach-front and waterfront properties in Long Beach, without the traffic and chaos of other beach neighborhoods. It has the access to both the ocean and the bay, with great locations for paddle-boarding, kite-surfing, fishing, and many other beach activities.

Newport Beach, 124 27 th

Price: $2,277,000
Units Total: 2
Lot Size: 1,750
Living Area: 1,700
Year Built: 1923
Parking: 2
Days on Market: 138
Description: THIS PROPERTY HAS IT ALL! Great price and superb location, remodeled w / SHORT TERM RENTAL PERMITS, PRE-PAID UTILITY UNDERGROUNDING! $85,000 estimated gross income*see agent for details. Featured on HGTV. Remodeled BEACH HOUSE 2 br, 1 ba w / 1 br and 1 ba GUEST VILLA BOTH w / GRANITE KITCHENS, beautiful baths. Unique SIDE YARD w / BLUE GRANITE OUTDOOR KITCHEN. Current owner began renovating Beach Cottage in 1990’s and was upgraded over the 2000’s, per title company the original year built was 1923. Villa was remodeled in 2006-2007 adding a kitchen and a 3/4 bath in the 2nd unit which is grandfathered into this R-1 SFR property. Great for family, friends or owner occupy one unit and receive income from the other or both *Estimate w / summer, off season rentals at 100% occupancy see agent for details and expenses. The COTTAGE features a greatroom w / stone fireplace, cook’s kitchen with a Gaggeneau oven, 2017 STAINLESS STEEL fridge and dishwasher. Custom granite counters and bar for extra seating and custom birdseye maple cabinets. Porcelain flooring added to COTTAGE BR’s in 2015. GUEST VILLA is in the Tommy Bahama style w / granite kitchen, porcelain tile and Toto toilet. Neither broker or owner who is the listing agent guarantee accuracy as to lot size, interior square footage, zoning, year built, condition, features of the property, rent ability, rental income or expenses and the buyer is advised to independently verify the accuracy of any information if it is deemed valuable in the consummation of a purchase.

Playa del Rey, 185 CULVER

Price: $3,325,000
Units Total: 0
Lot Size: 2,577
Living Area: 1,625
Year Built: 1948
Parking: Yes
Days on Market: 235
Description: “The Shack” Restaurant is for sale. Inherit a lease that expires June 30,2019. 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 vacant LAR-3 lot, currently vacant and used as a parking lot. The C-4 restaurant boasts a Culver Bl R-1 overlay, allowing for residential build above the existing structure. This is an exciting opportunity to own Silicon Beach Commercial (LAC-4) Real Estate with an irreplaceable high coverage, short-term lease. There is 100% upside in rent in this Silicon Beach Gem.

Laguna Beach, 2037 South Coast

Price: $10,990,000
Units Total: 16
Lot Size: 8,712
Living Area: 10,800
Year Built: 1969
Parking: 16
Days on Market: 74
Description: Location, Location, Location. This Trophy property on the ocean side of Coast Highway in prestigious Woods Cove Laguna Beach is truly a one of kind investment that has it all! Just moments from the famous Montage Resort and Downtown Laguna Beach, this 16 unit mixed-use investment opportunity is comprised of 14 remodeled units and 2 retail spaces nestled behind a private gated entry. Extensively remodeled in 2006 this rare offering features 4 townhome style 2 bedroom units each with their own roof top decks with panoramic coastal and Catalina Island views. There are also 10 One bedroom units boasting private ocean view decks and the sound of the surf. Each unit is updated and some include stack washer / dryer and refrigerator. The gated entry and gated subterranean parking provides additional privacy for this prestigious property. An open air courtyard highlights the style and natural lighting within in this inviting property that enjoys ease of access to resorts, beaches and coves, Trolley services, dining and shops that define the Laguna Beach lifestyle.

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: 14
Description: “The Shack” Restaurant is for sale. Inherit a lease that expires June 30,2019. 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.

1205 North Spaulding Avenue

Price: $2,358,000
Units Total: 2
Lot Size: 1,880
Living Area: 1,600
Year Built: 1923
Parking: 2
Days on Market: 71
Description: Stunning Modern Spanish completely reimagined by architect John Anthony Lewis. This Duplex is a rare find located in the highly sought after West Hollywood area. Upstairs, with its own gated entrance, is a 3-bedroom, 3-bath owner / user home. With the finest design and materials, hardwood floors and high ceilings, the home has a large living room with a fireplace, den, separate dining room, breakfast area, and exquisite modern bathrooms, plus a washer dryer and a private garage. Downstairs, also with its own address, entrance, and garage, is a 2 bedroom with fireplace, 2-bath apartment with wood floors and impeccable design. The kitchen is large, with top of the line appliances. With a Walk Score of 90, it is just minutes from art galleries, trendy restaurants, high-end retail and world-class entertainment venues.

Avalon, 150 Middle Terrace Road

Price: $2,950,000
Units Total: 2
Lot Size: 2,426
Living Area: 3,042
Year Built: 1927
Parking: 2
Days on Market: 448
Description: Come, live by the Sea! Beautiful Catalina and its idyllic island lifestyle waits you. Breathtaking, panoramic views of the Pacific Ocean and all Avalon’s major land marks; iconic Casino, green pier, Holly Hill House, Chimes Tower, Front Street, and beautiful hillsides are visible from this amazing home in the destination resort town of Avalon. Beautifully renovated, this 1920’s Catalina 4 level duplex is located on the desirable terraces allowing for the incredible panoramic views. The three-story main residence has been renovated with some original details retained. First level consists of a lovely living room with fireplace and floor to ceiling windows to capture the remarkable views; gourmet kitchen with top of the line appliances, guest 3/4 bath, office with beautiful built-ins, enclosed sun porch, a spiral staircase leading to a loft style bedroom, deck for entertaining and garage with kitchen entrance. Lower level contains guest bedroom, guest bath, original built-ins and cedar lined closet, Master retreat includes sitting area, walk-in closet, laundry room, a beautiful master bath with a luxurious spa tub and walk-in jetted shower and dual sinks. French doors lead to a romantic deck with overhead heaters and decorative glass railings for private time. Income producing spacious lower unit features living / dining area, kitchen with granite counter tops, 2 bedrooms, 1 bath, laundry, large storage room and a spacious deck with the same amazing views.

Santa Monica, 1610 BROADWAY

Price: $8,950,000
Units Total: 7
Lot Size: 7,503
Living Area: 11,211
Year Built: 1989
Parking: Yes
Days on Market: 271
Description:

Venice, 2510 PACIFIC Avenue

Price: $9,250,000
Units Total: 12
Lot Size: 7,980
Living Area: 10,428
Year Built: 1971
Parking: 15
Days on Market: 202
Description: Located in the heart of Venice! 2504,2508,2510 PACIFIC AVENUE ARE THREE LEGAL 4 UNIT BUILDINGS ON THREE SEPARATE ADJACENT LOTS BEING SOLD AS ONE COMPLEX FOR $9,250,000. Each building consists of a studio / 1 bath, 1 bedroom / 1 bath, 2 bedroom / 2 bath, and 3 bedroom / 2 bath. 15 car carport parking. All units have been renovated. Each building has a coin operated laundry room. Complex is fully gated with intercom system.