Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Corona, 1270 West 9th Street

Price: $729,900
Units Total: 4
Lot Size: 314,067,600
Living Area: 3,800
Year Built: 1962
Parking: 0
Days on Market: 256
Description: Rare opportunity! Corona 4 Plex! Sold As-is. Do you want to be a Landlord?? Each Unit is a 2 bedrooms, 1 1/2 bath. Both bedrooms large and upstairs, Downstairs half bath, and 1 full bath upstairs. Floor plan has living room, dining room, kitchen and area under the stairs on the first floor. Each unit has one covered carport included. Each unit has it’s own front yard or front patio area. The water heater is shared by all 4 units. All units have one wall a / c unit in living room and a wall heater. Some of the window a / c units belong to the current tenants. Rents are currently low for area.

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: 399
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.

44455 National Trails

Price: $440,000
Units Total: 2
Lot Size: 326,700
Living Area: 804
Year Built: 1940
Parking: 6
Days on Market: 29
Description: This property is zoned as triplex located in a general commercial zoning (Mixed use). A 7.5 acres of land with two single family homes and a huge 30 x 50 sq. Ft. Detached garage. One single family residence features 3 bedrooms and 1 bathroom and is currently rented for $750 a month. Second single family residence is a 2 bedroom and 1 bathroom with a basement. The second home is in need of rehab. Property has a septic tank, its own spring water well, own natural gas (no propane). Great property for business. Seller is very motivated and will look at all offers. Owner will carry.

47800 National Trails

Price: $1,150,000
Units Total: 4
Lot Size: 269,256
Living Area: 6,804
Year Built: 1955
Parking: 14
Days on Market: 176
Description: Newberry Mountain RV Park and Motel is A perfect desert oasis located within minutes of historic sites, towns, off road riding and shopping. Offering 18 permitted full RV hook-ups, 4 unpermitted RV Hook-ups, 8-10 Dry Camp Spaces, tent camp sites and 4 furnished apartments. 2 Bachelor and 2 1bd / 1ba. 1 24 x 60 Mobile home serving as Office / Rec building and 1 vacant mobile home 24 x 44 could be used as Manager’s quarters or rented. Conveniently located right off I 40 between Los Angeles and Las Vegas on Historic Route 66! This is a clean safe park with full amenities that include 4 year new sparkling pool, 13 picnic tables, BBQ, two stocked lakes with free fishing, a clubroom with pool table, Direct TV hook-ups, Wi-Fi available, full hook-ups with 30 amp and 50 amp outlets, pull through sites that can accommodate up to a 45′ RV, telephone, clean restrooms with large showers and full laundry facilities. This park is located adjacent to I-40 and highly visible from the freeway. Yermo is home to the Marine Logistics Base, is a short drive to Fort Irwin and the Barstow Marine Logistics Base. Burlington Northern-Santa Fe Railways is also a large driver of economic activity in the area. Park is on Commercial grade septics and well. 5 years new 5K gallon holding tank. This is a Tremendous upside for hands on buyer.

Adelanto, 18055 Bellflower Street

Price: $700,000
Units Total: 8
Lot Size: 186,001
Living Area: 7,380
Year Built: 1962
Parking: 0
Days on Market: 185
Description: Great opportunity for investors and developers! Near Southern California Logistics Airport and 395. There are 2 parcels involved in this transaction. APN 0459-181-20 and 0459-181-21.2 SRFs in 0459-181-20 and 6 SFRs in 0459-181-21. Currently 7 units are rented. Remaining 1 unit to be rented by seller during escrow period upon buyer’s request. All tenants are month-to-month tenants. Zoning: Mixed Use (MU) (12-18 du / ac). 0459-181-20 lot is SE corner lot of Bellflower St. And Bartlett Ave.

Littlerock, 8612 East Avenue U

Price: $425,000
Units Total: 5
Lot Size: 159,410
Living Area: 4,214
Year Built: 1944
Parking: 1
Days on Market: 399
Description: Great Investment Opportunity! 5 Units, 100% leased, on over 3.5 Acres of Land. 4 individual building, 3 cottages and one duplex. Plenty of space for play and privacy. There is also a large garage or barn on the property that is used for storage by the owner and some tenants. This could be used for parking if desired. Title shows 4 units as the one house that is now a duplex was converted years ago by a previous owner. The property is relatively close to Palmdale and very convenient to the Pearblossum Highway that can take you to Palmdale, Victorville, Hesperia or Vegas if the moods strikes you.

Azusa, 212 South Azusa Avenue

Price: $20,600,000
Units Total: 96
Lot Size: 138,334
Living Area: 78,656
Year Built: 1960
Parking: 204
Days on Market: 157
Description: Triqor Group is pleased to present Tribeca Apartments, a 96-unit garden-style apartment community located in Azusa, California. Tribeca was built in 1960, boasting well designed, spacious units with many units having been upgraded to earn premium rents. New ownership will be able to continue the proven model with the remaining units and further boost NOI growth. In addition, the buyer can take advantage of assuming the in-place loan which is better than the current market financing. Tribeca Apartments offers an astute investor the opportunity to purchase a well located, well-maintained, institutional quality asset with over 10% upside in rents and a mid-5% cap rate on market. The Tribeca Apartments is strategically located near Interstate 210 with frontage on Azusa Ave, the city’ s major north / south thoroughfare. The property is 3.5 miles east of the 605 Freeway and 5 miles west of the 57 Freeway. The property is surrounded by major employment, retailers and a rapidly growing population. Additionally, Tribeca is in close proximity to higher education institutions including Azusa Pacific University and Citrus College. Tribeca is 1 mile from the new Downtown Azusa train station for the Foothill Gold Line, further connecting tenants to Downtown LA.

21796 Cottonwood Avenue

Price: $2,999,990
Units Total: 6
Lot Size: 132,858
Living Area: 4,000
Year Built: 1960
Parking: 0
Days on Market: 141
Description: This property has 6 units on 6 Acres of land to develop for multiple family. Land value only. Good to have some income till you get entitlement. Great demand for apartments in this Area. Huge development is going on in Moreno Valley as AMAZON is building 40 Million Sf logistic center. Average unit cost in Moreno VAlley Selling over $200k / unit. Great price for multiple family land use. According to city you can build from 90- 120 units. Please confirm with city for Zoning

Hemet, 1250 South State Street

Price: $450,000
Units Total: 2
Lot Size: 121,968
Living Area: 2
Year Built: 1958
Parking: 4
Days on Market: 78
Description: The large lot about 2.8 Acres with two houses, One of house is 3 bedroom 2 bathroom, other house is one bedroom 1 bath there have 2 electricity meters and 2 gas meters. The property is commercial lot can build shopping center or business office park. Good for developer It has unpredictable prospects.

Anza, 58555 Red Shank Road

Price: $449,000
Units Total: 0
Lot Size: 108,900
Living Area: 2,036
Year Built: 1979
Parking: 5
Days on Market: 477
Description: CORNER PARCEL FENCED PERIMETER, AN UPPER LEVEL, KNOWN AS UNIT “A” (1800 SQ. FT. MANUFACTURED HOME / 433 3 BED. DEN / WET BAR AREA, (NO WET BAR) 2 BATH, HAS COVERED PORCH, DECKING, WITH SEPARATE FENCED YARD, LOWER UNIT B / C, CONSIST OF A ONSITE CONSTRUCTED BUILDING, APPROX 4800 SQ. FT. (ONCE USED AS A MEETING HALL and SUNDAY SCHOOL FOR A CHURCH GROUP) HAS BEEN CONVERTED INTO TWO UNIT’S, ONE UNIT “B, ” IS 2 BED LIVING ROOM + BONUS ROOM, 1 3/4 BATH, LAUNDRY, , AND KITCHEN / WITH LARGE DINING / FAMILY ROOM THERE IS A CONNECTING DOOR, WITH ACCESS FROM INSIDE THE BUILDING TO THE OTHER UNIT “C”, WHICH CONSISTS OF A STUDIO / TYPE APT, WHERE UP UNTIL RECENTLY THE PROPERTY OWNER USED AS HIS OFFICE / BUSINESS. THIS CAN ONLY BE DESCRIBED AS A STUDIO, WITH 1 FULL BATH, LARGE “GREAT ROOM” CURRENT TENANTS ARE ON LONG TERM LEASES,. ANY OFFER WOULD BE CONDITIONED ON THEIR LEASE. CURRENT OWNER PURCHASED IN 2005, AND HAS BEEN MAKING REPAIRS and IMPROVEMENTS TO STRUCTURES AS HE PURCHASED IT IN “AS IS” AS DISCLOSED CONDITION. HE WISHES TO SELL UNDER THE SAME TERMS. SOME ITEMS STILL NEED TO BE ADDRESSED. THIS PROPERTY MIGHT BE SUITABLE FOR A HOME STYLE MAIL ORDER ONLINE BUSINESS AS THE LARGE BUILDING COULD BE USED AS A WAREHOUSE OR STORAGE. OR ?????

Perris, 18183 Haines Street

Price: $695,000
Units Total: 18
Lot Size: 104,544
Living Area: 6,820
Year Built: 1979
Parking: 0
Days on Market: 285
Description: Excellent property for Adult Living facility with 18 bedrooms (potential 36 beds) for possible home care, room and board, special needs, etc. Main house has 9 bedrooms, 3 baths, 2 living areas, 2 offices, dining room and kitchen, etc.,. there is a back house with 9 bedrooms and 2 baths all on a 2.5 acre parcel. The property is currently uses as a boarding house. The zoning is residential / agriculture a boarding house is permitted however any specially adult care regarding any medical treatment will require an adult care license. The property is easily accessible from the 215 Fwy and major surface streets and lies 2.5 miles north of the City of Perris and 3. Miles from March Air Force Base. This property will be purchased in its “as is” condition and vacant with no tenants; income or expenses will not be provided. It should be considered a start up for a new investor / operator.

Chino, 3834 Francis Avenue

Price: $2,300,000
Units Total: 9
Lot Size: 103,672
Living Area: 5
Year Built: 1970
Parking: 6
Days on Market: 292
Description: Don’t miss out on this investment opportunity. 9 units on almost 2.5 acres. There is a 3 bedroom 2 bath home and Six 2 bedrooms 1 bath, two 1 bedroom 1 bath, located at the very back of this property is approximately 1/3 of an acre of land with horse stables that is being leased out. Owner is in the process of having three new septic tanks installed. City may allow 3 more homes / units. Buyer and buyers agent to perform there own due diligence for all plan construction and zoning, land usage and other information deemed important Close to schools shopping centers, air ports easy freeway access. *** DRIVE BY ONLY***

29 Palms, 6555 Indian Cove Road

Price: $275,000
Units Total: 6
Lot Size: 98,010
Living Area: 1,880
Year Built: 1952
Parking: 0
Days on Market: 68
Description: 6 units on 2.25 acres. Configuration is over 2 buildings which would allow for consolidation should the buyer wish to do so. High demand in the Joshua Tree Gateway Communities! This property is on Indian Cove Road, the only access road to the Indian Cove Campground, Amphitheaters, Rock Formations, desirable rock climbing and the Wilderness areas. Currently month-to-month tenants, but possibly suitable for vacation rentals, overflow campers, rock climbers, European travelers to National Parks, etc. Each unit has its own wall gas heater, evaporative cooler or air conditioning unit, stove, refrigerator in the kitchen, and a separate bathroom with shower. There is a community coin operated washer and dryer. One minute walk to the convenient Indian Cove Market on Indian Cove and 29 Palms Highway. A Public Transportation bus stop is there also which will take the traveler 5 miles to downtown or 8 miles to the main entrance to the National Park and Visitor Center. The Marine Corps Base is in town providing a vibrancy to the town’s economy. For those buyers considering catering to short time visitors, note that 2016 was a record year with over 2.5 million visitors. Location is within the city limits and is considered one of the best locations in the city. The property is surrounded by mostly single family homes. LOCATION LOCATION LOCATION. That is the name of the game. Seller may carry first trust deed with appropriate down payment.

4100 Harrison Canyon Road

Price: $3,000,000
Units Total: 25
Lot Size: 94,865
Living Area: 19,554
Year Built: 1963
Parking: Yes
Days on Market: 240
Description: A Truly Unique property. 25 unit apartment complex on the east side of the 215, which backs up to the foothills. This property feels more like a condo complex. This well maintained complex has single story and 2 story units. Pool, laundry room. Off the beaten track, quiet, secluded.

Covina, 1570 East Via Verde Street

Price: $1,750,000
Units Total: 3
Lot Size: 91,952
Living Area: 5,496
Year Built: 1952
Parking: 6
Days on Market: 98
Description: Welcome Home to your income producing, entertainers paradise! You really can have the best of two worlds. This property is located on 2.11 Acres with two Homes and a groundskeeper quarters next to the stables. The first home on this completely gated property is a 1675 square foot property. It has 3 bedrooms and 2 bathrooms, two car garage and RV parking. It can rent for 2700 a Month. The second home (used as the main house) is 3021 sq.ft. It has 3 bedrooms and 3 bathrooms, a pool, two car garage and plenty of entertainer upgrades. There is also a grounds keeper studio that is 800 sq.ft with a bathroom and full kitchen. It is located at the end of the property with all the stables. Please see the video and attached photos. No words can truly explain how amazing this property is. It is a must see to say the least. Please feel free to text me with any questions and to schedule a showing. Please RSVP as this property will not last long. Come visit.

Fontana, 14970 Randall Avenue

Price: $995,000
Units Total: 5
Lot Size: 84,070
Living Area: 4,740
Year Built: 1952
Parking: 0
Days on Market: 33
Description: Great investment property in the city of Fontana. 5 unit property with 1.93 acres. Wont last!

Adelanto, 17767 Adelanto Road

Price: $325,000
Units Total: 4
Lot Size: 81,675
Living Area: 2,662
Year Built: 1957
Parking: 0
Days on Market: 106
Description: Newly remodeled, and new paint. In excellent condition.

32050 State Highway 18

Price: $349,000
Units Total: 7
Lot Size: 79,091
Living Area: 3,272
Year Built: 1948
Parking: 16
Days on Market: 202
Description: Listed at $299,000 – $349,000. A perfect investment property with all 7 units rented and a high cap rate of 12%. This property features a single family dwelling of 3 bedrooms and 1 bathrooms and 6 studios. Located on a spacious 79,091 sq.ft of real estate as this property exudes with potentials and opportunities.

Los Angeles, 2237 Carlyle Place

Price: $2,650,000
Units Total: 7
Lot Size: 75,914
Living Area: 7,081
Year Built: 1984
Parking: 7
Days on Market: 271
Description: There are 7 units on a lot with 360 degree view of hill top. Current income is $10,850 a month but the potential is tremendous. 2235 Carlye Pl, 2236 Carlyle Pl, 2241 Carlyle Pl and 2245 Carlyle Pl are four adjacent Prime Hilltop Estate in Los Angeles. 1) 2236 Carlyle Pl has Lot 23147 sq.ft 2) 2237 Carlyle Pl has 2966 Living sqft and 21000 sq.ft lot 3) 2241 Carlyle Pl has Quadruplex has 3183 sq.ft and 24,507 sq.ft Lot 4) 2245 Carlyle Pl has 932 sq.ft and 7260 sq.ft.

45394 Lucky Baldwin Ranch Rd

Price: $2,175,000
Units Total: 9
Lot Size: 72,310
Living Area: 7,200
Year Built: 2003
Parking: 9
Days on Market: 40
Description: Lucky Baldwin Ranch which is a 9 unit single family plus one develop able lot property, located in Big Bear City at the edge of Baldwin Lake with mountain views. The property is comprised of 9 Two Bedroom / One Bathroom Single Family Detached homes, all units sit on individually parceled lots with rent-able square footage of 800 sqf and a garage square footage of 840 sqf. Each property is solar powered, has well water, holding tanks for sewage, front and back porches with Mountain and Lake views, composite pitched roofs and the undeveloped lot has a square footage of 9,982 sqf with lot dimensions of 125’x100’. The property benefits from the tight local rental pool of like kind properties, proximity to ski resorts and Big Bear Lake. An Astute investor can take advantage of some of the larger lots, undeveloped lot, bring the rents to market rates and increasing the market performance NOI by 40%, possibly selling the properties off individually in the future.

Fontana, 9217 Beech Ave.

Price: $675,000
Units Total: 3
Lot Size: 71,000
Living Area: 3,752
Year Built: 1959
Parking: 0
Days on Market: 256
Description: Great Investment property! 3 separate units Back house 4 bed 2 bath, Middle 1 bed 1 bath and Front 3 bed 2 bath. Situated on a huge piece of land. Recently installed heat furnace in the 4 bedroom unit. Across the street from a Elementary school. Great rental area for growing families.

San Bernardino, 2564 Kendall Drive

Price: $575,000
Units Total: 1
Lot Size: 67,200
Living Area: 1,647
Year Built: 1979
Parking: 2
Days on Market: 32
Description: Talk about the view! Panoramic view atop of this 1.54 acre parcel. Huge value in land which is located in the RU district. RU (Residential Urban) district allows for 8 units per net acre. Great location to build an additional 8-11 income properties for the growing California State University SB (CSUSB) population. Great for lot for development of multi family units, duplexes, small mobile home park and small lot subdivisions as planned development. Currently home has 1800 sq.ft with 3 bedrooms with 2 bathrooms. House sits in the rear and on top of the hill with an incredible view of the mountains and city. Kitchen recently updated.

Westminster, 7661 Baylor Drive

Price: $13,350,000
Units Total: 54
Lot Size: 65,776
Living Area: 44,487
Year Built: 1963
Parking: 80
Days on Market: 2
Description: Beach West Apartments is a 54-unit multifamily investment property centrally located in the city of Westminster, California. The property enjoys easy access to the local freeways, is close to major employers, parks, the beach, and a number of small and large retail centers. Situated on a 1.51-acre lot, the 44,487 square foot property consists of one-bedroom and two-bedroom floor plans. Built in 1963, the property offers amenities including on-site laundry and ample parking spaces.

Buena Park, 6596 Indiana Street

Price: $2,795,000
Units Total: 11
Lot Size: 65,340
Living Area: 9,636
Year Built: 1979
Parking: 22
Days on Market: 205
Description: 11 Units – 7 Two Bedroom, One Bath and 4 One Bedroom, One Bath units. Month to month rental agreements. Separately metered for gas and electric. Nicely landscaped. Each unit has a one car garage and one off-street parking space. All units have interior laundry hook ups, plus common area laundry room on month to month agreement with Wash for additional income. Downstairs units have a patio area with concrete pad and updated fencing. Upstairs units have high beam ceilings in the living area, fireplace and lots of light. Swimming pool on property is currently capped, but can be re-done for added amenity. Ideal value add opportunity for experienced owner who can make a few improvements and bring the rents up to market.