Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Palm Desert, 40890 SANDY GALE Lane

Price: $8,772,000
Units Total: 51
Lot Size: 475
Living Area: 47,725
Year Built: 1985
Parking: Yes
Days on Market: 32
Description: Pacifica Real Estate Services, Inc. Is offering 51 condominiums for sale within the 100-unit, resort-style Royal Palms community in Palm Desert, California. The property was built in 1985 and just underwent a major common area and unit renovation in 2017-18; the common area improvements include newly-resurfaced swimming pools, new patio furniture, and water-efficient desertscape; the extensive unit improvements include new cabinets, stone countertops, lighting fixtures, electrical outlets, plumbing, wood-style tile flooring, new paint, and upgraded appliances. The 51 units owned by Pacifica and offered for sale consist of 49 two-bedroom units ranging from 925 to 1,200 sq.ft and two one-bedroom units with 750 sq.ft. With a per-unit sale price of $172,000, these beautifully renovated units are a great investment opportunity, well below the $250,000 sales price they commanded when sold individually in 2006.

Santa Ana, 1001 West Stevens Avenue

Price: $2,950,000
Units Total: 10
Lot Size: 820
Living Area: 0
Year Built: 1972
Parking: 10
Days on Market: 42
Description: Best ROI on the market! But that’s just the beginning. This is a truly unique opportunity to have an income property better than anything else on the market. This offering consists of 10 units located in the highly desirable South Coast Metro area (1001 W. Stevens). There are 9 two-bedroom units and 1 three-bedroom unit that are fully rented with seasoned tenants and ROI calculations that are based on REAL (not projected) numbers, which means your Buyer gets condominium benefits along with apartment building convenience and revenue. Under the same ownership for over TEN years, the units have a proven track record of low vacancies (1% average), low operating costs and smooth and consistent operation. And because this is a planned community, most of the larger expenses (Insurance, landscape, utilities) as well as big-ticket capital expenses (roofs, paint, pools, termite, etc.) are included in the low HOA dues which means (best part) they are ALREADY included in the ROI projections. Few (if ANY) other listings on the market make such considerations or can boast REAL (not projected or potential) rents and expenses. Lastly, the condo community has undergone a major renovation over the past several years. Termite, roofs, pools, paint, balconies (and more) have been replaced and won’t need to be done again for years to decades. Contact selling Broker for more details not listed in this narrative.

Avalon, 343 Catalina Avenue

Price: $725,000
Units Total: 3
Lot Size: 962
Living Area: 1,065
Year Built: 1939
Parking: 0
Days on Market: 323
Description: Catalina Island Triplex with stable rental income just two blocks from the beach. Sitting in the area known as “the flats” this property is close to the action of downtown / front street while being far enough away to enjoy the relaxing town of Avalon. The 1-bedroom townhouse style front unit has been completely remodeled with travertine tile, crown moldings throughout, French doors, new kitchen with granite countertops and a center island and an unfinished rooftop deck with partial views of the ocean. The front unit has an active vacation rental permit, an established rental income and comes furnished. This property has two studio apartments that are currently rented to full time residents. This is a great opportunity to hit the Avalon market!

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: 513
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.

445 South Ranch View Circle

Price: $1,070,000
Units Total: 3
Lot Size: 1,000
Living Area: 3,657
Year Built: 1974
Parking: 3
Days on Market: 96
Description: Opportunity Knocks! Rare, Canyon Crest Villas TRIPLEX Located in Prestigious Anaheim Hills, within the Anaheim Hills Golf Club area. ALL Units have Endless Tranquil VIEWS. Separate Gas and Electic Meters. Assoc Paid Water, Trash, Association Laundry Room, Pool and Spa, Cul de Sac Locations. Each unit is a 2 Bedroom – 2 Bath, with a Large Private Balcony, and inside laundry. One Unit is Townhome Style, Kitchen, Living and Dining Room on Ground Level, with 2 Spacious Master Suites Upstairs, and an attached Garage. Two units are single level, with one unit above the other, the unit above has a staircase entry, these two units have Carports with Storage Closet. Great Opportunity for Easy Care Investment, as Assoc. Dues at $389 each unit (monthly) covers, Pool, Spa, Exterior Maintenance, Roof, Landscape, and Insurance. Award Winning Schools, Canyon High Rated 9 out of 10. The Property is Nestled in the Golf Community of Anaheim Hills. Walking distance to Shops and Eateries, close to 55fwy, 91fwy, 241 Toll Road.

Avalon, 342 Eucalyptus Avenue

Price: $1,300,000
Units Total: 2
Lot Size: 1,170
Living Area: 1,597
Year Built: 1993
Parking: 0
Days on Market: 175
Description: Motivated Sellers are looking for an offer! Duplex with 2 bedrooms plus 1.5 baths per unit on Eucalyptus street – the only street that has no through traffic. Double paned windows throughout (except porthole window on the upper unit), Gas stoves. Fireplaces are gas. Central heat but no central air. Separately metered city utilities. Salt water flushing toilets. Large basement (approx. 600 sq.ft) is NOT living space but is wonderful for storage and tools. Upper unit is a summer rental and used as our second home not in the summer. Summer rental is by the week on the upper unit ( $2100 a week) and off season 3-day weekend minimum at $275 a nite. Downstairs unit is a full-time rental – currently rented at $1950. Owner can be there to show with 48 hours notice. When you purchase most homes on the Island, all furnishings are included which is true with this property excluding some fish sculpture on the walls. We have a great percentage of summer guests who return each year, so there is built-in business if you want it. Since there is a water shortage on the Island, we are not permitted to wash down the exterior but will be glad to do any maintenance items with a reasonable offer.

Manhattan Beach, 200 39th Street

Price: $1,825,000
Units Total: 2
Lot Size: 1,349
Living Area: 1,416
Year Built: 1972
Parking: 3
Days on Market: 49
Description: Great income investment opportunity or owner / user located just a few steps from The Strand in Manhattan Beach. This Duplex has a 2 bed / 2 bath unit upstairs and a 1 bed / 1 bath unit downstairs with a walk in closet. Attached 3 car garage with room for additional parking in front of the garage. Only a few blocks away from North Manhattan Boutiques, Salons, Fitness studios, and Restaurants. Park your car on Friday and ride your beach cruiser along the strand all weekend.

Los Angeles, 2052 IVAR Avenue

Price: $999,000
Units Total: 2
Lot Size: 1,350
Living Area: 1,944
Year Built: 1920
Parking: 0
Days on Market: 6
Description: Vacant Mediterranean Duplex in the Hollywood Dell in a great location on a corner triangle lot. Only $513 a sq ft for Hollywood Hills! Each unit 2 beds + 1 bath. Live close to all of the buzz + activity in revived Hollywood, but just blocks away you can retreat to your own private oasis. Stylish remodeled upper unit in 2017 with exposed beams, huge skylight, beautiful custom metal work. Wonderful finishes like travertine tile, hardwood floors, terracotta pavers, granite counters, beautiful wood cabinetry in the kitchen with stainless steel appliances, halogen lighting. Surrounded by lush greenery. Upper unit has a great private deck with custom built-in seating off the second bedroom and accessed by a pair of french doors. Lower unit may need TLC. Easy access to the 101 and newer pocket park on Franklin. Street parking.

1613 Highland Avenue

Price: $1,849,000
Units Total: 2
Lot Size: 1,351
Living Area: 1,125
Year Built: 1935
Parking: 2
Days on Market: 137
Description: PLEASE REVIEW AGENT REMARKS REGARDING SHOWINGS. A rare opportunity to own a corner lot duplex steps to the beach and downtown restaurants and shops. The current makeup includes a one bedroom, one bathroom top unit and studio downstairs unit. The upstairs unit has an open family room layout with breakfast nook and adjacent kitchen. Original hardwood floors throughout. Laundry unit conveniently in bathroom. Rear stairs leads down to a private patio. Property has plenty of upside for a clean exterior remodel or tear down and build. There are plans for a 4 bed, 2800 sq. Ft. Beach-Modern design home with full basement by designed by Jon Starr of SDG Design + Development. The new home would have ocean views from the top level. No telephone poles down the street enhance the view potential.

San Clemente, 1412 Buena

Price: $749,500
Units Total: 1
Lot Size: 1,398
Living Area: 1,398
Year Built: 1978
Parking: 2
Days on Market: 40
Description: Looking for your next investment property? Here is an opportunity you will not want to pass up! This beach condo offers 3 bedrooms plus a large den along with 2.5 bathrooms. Ideally located directly across the street from one of San Clemente’s most stunning beach entrances, providing easy access to North Beach activities along with the San Clemente Pier and downtown shopping and restaurants. Spacious layout, inside side-by-side laundry, 1-car private garage plus one designated parking space (2 total parking spaces), this home encompasses all amenities you could wish for and more. There is also a mezzanine space with an additional bunk bed, not included in the bedroom count (see photos). This condo demands a premium rental rate for both short term and long term rentals. With a tenant and future calendar already in place, you will instantly be collecting revenue upon closing. Don’t wait, make this your newest investment today!

3621 Alma Avenue Avenue

Price: $2,799,000
Units Total: 2
Lot Size: 1,497
Living Area: 2,515
Year Built: 1961
Parking: 5
Days on Market: 131
Description: This is the one you’ve been waiting for! TOP OF THE WORLD PANORAMIC OCEAN VIEWS adorn all three levels of this gorgeously remodeled home. The chef’s kitchen is a joy to cook in and features stainless steel appliances, new LED lighting, granite countertops, a breakfast bar and a reverse osmosis drinking water system. The incredible 1,000 square foot master suite spans the entire top floor and features his and her closets, a custom Italian marble fireplace, an office area and separate living room, a wet bar and HUGE ocean view deck. The master bath has been tastefully remodeled with Italian marble, dual sinks and a jacuzzi tub. The first floor bedroom suite has it’s own bathroom, sitting area, kitchenette, washer / dryer and private entrance through french double doors, making it a perfect in-laws quarters, guest suite or income unit. Rounding out the amenities of this home are double paned windows, a water filtration system, custom built-ins and cabinets, new paint inside and out, and parking for 5 cars! Located just a short two blocks to the beach and one block to all of the wonderful shops and restaurants in the north end, this is the perfect beach retreat you’e been dreaming of. More ocean view photos to come!

Los Angeles, 5152 LA VISTA Court

Price: $870,000
Units Total: 3
Lot Size: 1,564
Living Area: 2,336
Year Built: 1923
Parking: 0
Days on Market: 110
Description: Huge Price Reduction! This distinctive 3-unit building tucked away in a small alley is the “Frolich House” or also named the London House; it has a unusual story to tell. Rumor has it that celebrated author, Jack London, once resided here. The Frolich House is located across from Raleigh Studios, just off Van Ness. This 3-story building consists of 2 lofts w / high ceiling and a studio. The building has many nautical and Mediterranean influences. Large arched windows let in light and add to the overall good energy of the building. An exterior pulley system was used by Frolich to lift his sculptures into the upper loft. There is an original bas-relief of London on the exterior. In 2017, the building was declared a historic-cultural monument. Finn Frolich was a Norwegian artist. The Frolich House has been the site of vital exchanges between popular “Hollywood” culture and alternative “Bohemian” culture since the 1920s. Huge upswing potential!

Manhattan Beach, 317 Crest Drive

Price: $2,149,000
Units Total: 2
Lot Size: 1,669
Living Area: 1,125
Year Built: 1939
Parking: 3
Days on Market: 33
Description: Rare opportunity to own a freshly remodeled duplex in the heart of the South Manhattan Sand Section. This OVERSIZED half-lot is nestled amongst larger expensive homes which makes this a great investment or owner-user opportunity! This turnkey property consists of a 2bed / 1bath upper unit with ocean views, a lower full sized Studio and large outdoor entertaining area accessible by both units. Unbeatable location, adjacent to the legendary 4th st. Walkstreet, and a quick stroll to the beach and all downtown Manhattan has to offer!

Los Angeles, 3514 Raymond Avenue

Price: $799,999
Units Total: 0
Lot Size: 1,701
Living Area: 1,664
Year Built: 1928
Parking: 0
Days on Market: 47
Description: New price with great ROI. Welcome to this prime USC Housing area in Los Angeles, California. 3514 and 3516 Raymond Ave. Is a unique property for the right investor or Owner / user who can live in one of the units and rent the rest! All rooms are fully stocked in hotel-like amenities: A / C, coffee area with Keuring coffee machine, lap top and small working station. Rooms are furnished with beds and linen. Other amenities: en-suite bathroom, large closet, Flat screen TV, floor heater, mini fridge, high speed Wi-Fi, Select Comfort Mattress (Sleep Number Bed in some rooms), Washer and dryer. Each room has privacy and is quiet. Walk or bicycle to USC campus and new USC Village! Located within USC Department of Public Safety Campus Patrol and Response Area. Additionally, the property is within walking distance of the newly constructed Metro Expo light rail line, which connects Downtown to West Los Angeles. Additionally, the property is just one-half of a mile from USC’s new $700 Million University Village. University Village offers over 500,000 sq.ft of academic spaces, restaurants, and major retailers that include Trader Joe’s, Target, Bank of America, Starbucks and more. Don’t miss the opportunity to invest in this up and coming area.

9201 South CENTRAL Avenue

Price: $550,000
Units Total: 2
Lot Size: 1,868
Living Area: 1,383
Year Built: 2008
Parking: Yes
Days on Market: 88
Description: New 2008 Construction. Ideal for owner-user or an investor with the option to buy 1, a few, or all 4 duplexes. Separately Metered. Tremendous upside in rents.

Los Angeles, 2048 Isabel Street

Price: $350,000
Units Total: 2
Lot Size: 1,915
Living Area: 1,008
Year Built: 1926
Parking: 0
Days on Market: 67
Description: DON’T MISS OUT! OPPORTUNITY KNOCKS! This duplex in “RED-HOT” NELA might just be the best opportunity left for home ownership in this great community at an affordable price! OFFER DEADLINE 4/23/18 3pm. Although currently occupied by long-term tenants- just imagine the possibility of someday converting this property into a single-family residence! Your decision to buy this amazing property at such a great value is genius! Each unit is 1-bedroom + 1-bathroom with ~500 sq.ft of living space. CURRENT RENTS: Unit#1= $846.25 and Unit#2= $314 / month THANK YOU:) BUYER TO VERIFY ALL ASPECTS OF PROPERTY INCLUDING SQUARE FOOTAGE and BED / BATH COUNT. THANK YOU:) AND adjacent duplex also for sale at 3100 Division Street 90065. BUY THEM BOTH AND CREATE YOUR OWN REAL ESTATE EMPIRE:) NOTE: DELIVERED WITH EXISTING LONG-TERM TENANTS

Los Angeles, 240 ISABEL Street

Price: $650,000
Units Total: 2
Lot Size: 2,015
Living Area: 1,414
Year Built: 1925
Parking: Yes
Days on Market: 138
Description: A great value duplex in prime Mt. Washington neighborhood offers two side by side units on a very quiet street and serene. Pleasing front yard and mature plantings. Lower unit (242 Isabel) a 2 bedroom and 2 baths, unit has a very nice and private patio. Situated in a ascending neighborhood of Mount Washington and within walking distance of the vibrant Figueroa corridor and the Lincoln Cypress Gold Line Station, this classic Spanish Revival style duplex is comprised of of a upstairs unit with one-bedroom, one-bathroom, studio / office, laundry-room and private deck. The downstairs unit has two bedrooms, two baths, laundry-room and private back patio. Additionally there is a one car garage, a large exterior store-room and a very pleasing front yard with mature plantings. 240 Isabel Street is a tranquil verdant location with captivating views of the surrounding hillsides. It’s a gem of a property to live in or as a sound investment.

Venice, 845 Venice Boulevard

Price: $7,500,000
Units Total: 0
Lot Size: 2,022
Living Area: 0
Year Built: 1934
Parking: 0
Days on Market: 99
Description: Prime corner location on Venice Blvd. And Marion Pl. Contains over 18,000 sq.ft of LAR3 zoned land. Located between Lincoln Blvd and Abbot Kinney with rear alley access. Parcels sold as a package. The property contains 3 single family homes and 4 separate bungalow units 3 of which are rented. The single 3 single family home will be vacant at the close of escrow. Great possibility to purchase this once in a lifetime real estate opportunity.

Los Angeles, 2410 Houston Street

Price: $399,900
Units Total: 2
Lot Size: 2,024
Living Area: 1,472
Year Built: 1965
Parking: 0
Days on Market: 71
Description: Great Investment in the upcoming area of Boyle Heights, only minutes away from Downtown, 2 bedrooms 1 1/2 baths each, (buyer to verify permits) property needs a little interior TLC, New Exterior Paint, New Fence, New Landscape, perfect for the aggressive investor or Owner occupied, live in one and rent the other to help you with mortgage payments. Please Do Not Disturb Occupants. Drive By Only, Write offer subject to inspection, PROPERTY COMES WITH TENANTS.

Playa del Rey, 177 CULVER

Price: $1,550,000
Units Total: 1
Lot Size: 2,046
Living Area: 1,742
Year Built: 1925
Parking: 0
Days on Market: 151
Description: (To be sold with 165 Culver Blvd.) This property represents 50% of a rare commercial offering on Playa del Rey’s main street Culver Blvd. An assemblage of 3 adjacent prime commercial income parcels with the Playa del Rey community. Del Rey Lagoon and Park to the North and Beach to the West. The 2 commercial buildings (LAC4) occupy 2 of the 3 lots, with the third used as parking lot for 165 Culver Blvd. This is the first time offering for these properties in the community’s downtown area and an exciting opportunity to own Silicon Beach real estate with irreplaceably high coverage, short term leases.

5817 East Olympic Boulevard

Price: $429,000
Units Total: 2
Lot Size: 2,052
Living Area: 1,026
Year Built: 1950
Parking: 2
Days on Market: 111
Description: Live and Work. Good Opportunity Homes and Investments proudly presents 2 remodeled units in East Los Angeles for Sale. A rapidly growing area, near commerce, public transportation, recreation, etc. NO RENT CONTROL. This property features 2 attached and remodeled units with new Cabinets, Tile floors, upgraded bathrooms, New roof, attached 2 Car Garage with Alley Access. Many possibilities for you, Live in one, rent the other, Live and work, rent both for a Nice rental income, or completely exploit the Commercial LCC3 zoning, your choice. Make your move today. Sorry no FHA. This property is located within the permitted Boundaries of the LA County Cannabis-Related Land Uses. The land is zoned LCC3. At this time Cannabis related sales are banned in LA County, please check with with the local city department for more information.

9207 South CENTRAL Avenue

Price: $550,000
Units Total: 2
Lot Size: 2,094
Living Area: 1,588
Year Built: 2008
Parking: Yes
Days on Market: 88
Description: New 2008 Construction. Ideal for owner-user or an investor with the option to buy 1, a few, or all 4 duplexes. Separately Metered. Tremendous upside in rents.

1824 North Walton Avenue

Price: $485,000
Units Total: 2
Lot Size: 2,120
Living Area: 1,020
Year Built: 1923
Parking: 0
Days on Market: 100
Description: Seller is Motivated! Excellent Opportunity for First Time Buyer or Investor! Each unit comes with 1 Bedroom / 1 Bath, laminate flooring, gated yard is located in a HIGHLY desirable area of Los Angeles, near Exciting Korea Town, a short bus or bike ride away from DownTown Los Angeles, USC, La Trade Tech, Vibrant Night Life, Shops, Public Transportation, Award Winning Public and Private Schools.

Long Beach, 1442 East 14th Street

Price: $517,000
Units Total: 2
Lot Size: 2,131
Living Area: 1,760
Year Built: 1922
Parking: 4
Days on Market: 50
Description: Fully occupied and permitted duplex with one bedroom one bathroom each in Downtown Long Beach, minutes away from Aquarium of the Pacific, Long Beach Museum of Art, and The Queen Mary. Each unit has 2 car garage. New roof and stairway in 2009.