Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Avalon, 343 Catalina Avenue

Price: $775,000
Units Total: 3
Lot Size: 962
Living Area: 1,065
Year Built: 1939
Parking: 0
Days on Market: 110
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: 299
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.

Manhattan Beach, 224 Shell Street

Price: $1,430,000
Units Total: 2
Lot Size: 1,351
Living Area: 1,344
Year Built: 1953
Parking: 1
Days on Market: 7
Description: Unique duplex 1 block from the beach put on MLS Nov. 11,2017.2 bdrm 1 bath unit below with small rear patio. 1 bdrm 2 bath upper unit with vaulted ceiling in the living room + bath with double vanity on main level. A stairway leads to the bedroom and 2nd bath + walk out deck with fire pit and breathtaking panoramic Palos Verdes to Malibu ocean views. Both units have laundry hookups. Enjoy all that this section of North Manhattan Beach has to offer with several restaurants, a yoga studio, shops and a gym within walking distance. Great surfing on the beautiful wide beach with bike and walking path. This is a probate sale with no court approval required.

Hermosa Beach, 224 Bayview Dr

Price: $1,499,000
Units Total: 2
Lot Size: 1,499
Living Area: 1,080
Year Built: 1947
Parking: 0
Days on Market: 3
Description: Gorgeous Sand Section Duplex! Duplex consists of upstairs unit which is 2 bedroom / 1 full bath and downstairs unit which is one bedroom and one 3/4 bath. Both units are very spacious; newly painted AND new flooring. Awesome location with being only 1 block to the beach and a short walk to downtown Hermosa Beach in one direction and the Redondo Beach Pier and King Harbor in the other direction. Both units have updated kitchen with newer appliances. The duplex shares a rear yard and deck perfect for entertaining, kids and pets! Amazing income property! Or live here now and build in the future. Check with city regarding parking permits for this duplex location. Great location, great property. This one won’t last!

Newport Beach, 128 27th Street

Price: $1,699,000
Units Total: 2
Lot Size: 1,742
Living Area: 2,104
Year Built: 1922
Parking: 2
Days on Market: 129
Description: The quintessential, remodeled, 1922 cottage-style, beach home everyone is looking for. This single-family residence has been split into two units with a common laundry room and shared half bathroom. It is a positive cash flow property with the perfect Balboa Peninsula location. It is found on the beach side of Balboa Blvd, just a few houses from the sand, and across from Jack’s Surf Shop shopping center and the famous Woody’s Wharf. It is just minutes from the freeways (55,73,405), John Wayne Airport, shopping at Fashion Island, and South Coast Plaza, and within easy distance to Disneyland, Knott’s Berry Farm, and Anaheim Convention Center. The property has a newer roof and French windows. The front, lower unit boasts a quaint, white railed front porch with seating to enjoy the passersby and street views. Recently remodeled with Travertine tile, new paint, newer bathrooms, newer granite kitchen counters, appliances and more. Its approximately 1,200 square foot floor plan includes 2 bedrooms and 1 bathroom (plus a shared half bath). The upper unit is approximately 900 sq.ft with an open and airy floor plan. It was remodeled just a few years ago and includes 2 bedrooms and 1 bathroom (plus a shared half bath). This unique property affords the opportunity to live in the lower unit while renting the upper unit. Newport Beach is well known for the finest restaurants, beaches, shopping, and home to many stars and professional Athletes. Life at its finest.

16784 Pacific Coast

Price: $1,349,000
Units Total: 4
Lot Size: 1,742
Living Area: 1,350
Year Built: 1932
Parking: Yes
Days on Market: 40
Description: Fantastic investor waterfront income property located on the harbor, surrounded by multi-million dollar properties, and walking distance to the beach, shops, restaurants, and coffee houses. This 4 unit property offers investors the rare opportunity to acquire a turn-key asset directly on the Bayfront in one of the most desirable area of Huntington Beach, known as Sunset Beach. The property is comprised of 4 units, all of which have 1 bedroom and 1 bath room. Property amenities include parking spaces in the front of the property for 3 of the 4 units, bay views, and walkability to community amenities. The property also includes washer and dryer lease which has additional potential income. This location proximity to LA and Orange County make it highly desirable to those commuting to both Los Angeles and Orange County.

Newport Beach, 124 27th

Price: $1,747,000
Units Total: 2
Lot Size: 1,750
Living Area: 1,700
Year Built: 1923
Parking: 2
Days on Market: 79
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.

Long Beach, 332 West 8th Street

Price: $750,000
Units Total: 2
Lot Size: 1,800
Living Area: 1,712
Year Built: 1907
Parking: No
Days on Market: 117
Description: This great set of craftsman units is a beautiful eye catching! As you drive up to it the color alone is a breath of fresh air Blue like the ocean that is not too far from them. This Duplex 2- 2 bedroom each unit has so much opportunity to create your dream home with extra income. This neighborhood is yet becoming one of the sought after area of historical “Wilmore”. The Wilmore is becoming one of the fastest growing area of Down town Long Beach Close to all activities and blocks from Ocean and Restaurants. Let’s Look at the opportunities to own an income property while you live there and collect and one of the hottest areas. Upstairs was rehabbed in the last 5 years down stairs is an opportunity to make it the way you want it to look like. Your own taste of new or historical twist. Please give the agent 24-hour notice. Bring your clients that are looking to live in this area and willing to be part of the gentrification.

Downey, 8023 Gardendale Street

Price: $450,000
Units Total: 4
Lot Size: 2,012
Living Area: 840
Year Built: 1947
Parking: 0
Days on Market: 17
Description: There are four units and all are rented. This is an excellent investment for first time, or live in one and rent the other three out. Property was built in 1947 and buyers to verify all information including additions and sqft.

Long Beach, 424 North Virginia Court

Price: $499,900
Units Total: 2
Lot Size: 2,063
Living Area: 1,836
Year Built: 1908
Parking: 0
Days on Market: 38
Description: STANDARD SALE! Excellent opportunity to own this low maintenance, bread and butter duplex in the heart of downtown Long Beach. Close to public transportation, shops, restaurants, entertainment and the ocean. Downstairs unit is a big 2 bedroom with 1 bath and long term tenants. Upstairs unit is a large 1 bedroom 1 bath. Highly desired rental area with no rent control, current rents are below market rents, lots of potential upswing. Please DO NOT disturb occupants write offer subject to interior inspection. Sellers may be willing to carry a 1st deed of trust with 20% down.

8937 Cattaraugus Avenue

Price: $799,000
Units Total: 2
Lot Size: 2,124
Living Area: 874
Year Built: 1952
Parking: 2
Days on Market: 43
Description: First time on the market in 21 years! Bright and open floor plan units. Front unit was remodeled in 2016. Each unit is 1 bed / 1 bath with a private yard. Rent control. Great neighborhood and investment opportunity! This will not last!

South Gate, 3069 Century Boulevard

Price: $425,000
Units Total: 3
Lot Size: 2,140
Living Area: 1,088
Year Built: 1956
Parking: 0
Days on Market: 5
Description: Great Duplex in the city of South Gate. Great tenants!

Los Angeles, 1549 PARMER Avenue

Price: $975,000
Units Total: 2
Lot Size: 2,142
Living Area: 1,809
Year Built: 1929
Parking: Yes
Days on Market: 61
Description: Fabulous duplex walking distance to parks, coffee, shops, and restaurants. Great tenants. 2 + 2 bedroom with rooftop patio and 2 car garage paying $3800 and the studio is vacant but could be rented for $1800. Shared laundry. Vinyl windows installed 10 years ago, new water heater installed within the last 2 years and new washer and dryer installed last year, foundation retrofitted. There is an interior stairwell that connects the units that was blocked but could easily be opened up again if one wants both units connected. PLEASE NOTE photos of studio unit are from the prior tenant and is now painted neutral colors. Full-size garage and quaint back yard. Top unit feels like a home complete with a separate dining room and rooftop sundeck

16864 Bayview Drive

Price: $1,999,999
Units Total: 4
Lot Size: 2,178
Living Area: 2,525
Year Built: 1949
Parking: 2
Days on Market: 3
Description: Welcome to 16864 Bayview Dr – a unique waterfront investment opportunity with 4 units and a dock – located on Sunset Island in Huntington Harbor. The 4plex unit mix includes one 2 bedroom / 1 bath unit and three 1 bedroom / 1 bath units. Units have been updated and upgraded throughout the years, including granite countertops and remodeled kitchens and baths in some. Attached are two 1 car garages that provide room for parking and storage for 2 of the units. Each unit is separately metered for gas and electric (4 of each) and there is a shared onsite laundry room. A shed near the dock also offers storage space. A bright patch of green grass and sitting area on the dock provides common space for residents to enjoy. The dock generates additional income and is approximately 40’long. This rare waterfront investment opportunity affords upside in rents and the site offers possible redevelopment opportunities. Sunset Beach was officially annexed to Huntington Beach in August 2011 and this location offers convenient access to the PCH and some of the best shopping, dining and beaches in the area.

Newport Beach, 7201 Seashore Drive

Price: $3,055,000
Units Total: 3
Lot Size: 2,178
Living Area: 2,326
Year Built: 1971
Parking: 4
Days on Market: 274
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.

Newport Beach, 319 Marine Avenue

Price: $2,350,000
Units Total: 3
Lot Size: 2,178
Living Area: 2,305
Year Built: 1965
Parking: 3
Days on Market: 86
Description: 319 Marine Avenue is an iconic mixed-use Newport Beach Trophy property located on Balboa Island. The property features a recently renovated spacious 2 bedroom 2 bath residence with a large balcony above two ground floor retail units. The property also features two garages with parking for three vehicles and accessible through the alley behind the property. The property offers investors a versatile mix of residential and commercial components in a highly sought after market and location.

Newport Beach, 216 21st Street

Price: $2,349,000
Units Total: 2
Lot Size: 2,178
Living Area: 2,180
Year Built: 1972
Parking: 2
Days on Market: 113
Description: MAJOR PRICE REDUCTION: Ocean view Balboa Peninsula Duplex furnished and available for immediate tenants or owner to enjoy! Both units have been tastefully remodeled and appointed with travertine flooring and great appliances / fixtures throughout. Lower Unit has a living area with fireplace, dining space, gourmet kitchen, 2 bedrooms, 2 bathrooms, private enclosed outdoor patio for great entertaining, and a garage with laundry area. Upper Unit features beamed ceilings, spacious great room with fireplace, dining space, gourmet kitchen with kitchen bar, a master bedroom with en-suite bath, two secondary bedrooms with shared bath, direct garage access and separate laundry room. This home is in a great location to walk and enjoy the Newport bay, beaches and many wonderful restaurants. The property has a driveway for two more vehicles and outdoor shower. 216 21st St is turnkey ready and perfect for personal or investment opportunities!

Newport Beach, 126 34th Street

Price: $2,595,000
Units Total: 2
Lot Size: 2,178
Living Area: 2,400
Year Built: 1978
Parking: 2
Days on Market: 84
Description: Turnkey income property. 2 villas that have been completely remodeled inside and out in 2016. Every detail has been meticulously thought out for this perfect location. Close to the boardwalk, Newport Beach Pier, shopping, dining, new Lido Hotel and Marina. Upper villa is 3 bedroom, 2 bath home with 9′ ceilings and a ocean view deck. Lower villa is 2 bedrooms with 2 bathrooms with large patio for alfresco dining and barbecuing. Both villas have huge master suites, indoor laundry units, and fireplaces in living rooms. Building has new dual pane windows, beautiful porcelain tile flooring, new cabinets in all kitchens and baths, exotic granite and marble. This is a must see for the discriminate buyer. Villas have been used for short term rentals with amazing results and income.

514 West Balboa Boulevard

Price: $2,295,000
Units Total: 3
Lot Size: 2,178
Living Area: 2,364
Year Built: 1964
Parking: 3
Days on Market: 53
Description: Rarely available multi use building on the Newport Beach peninsula only one block to the beach between the funzone and pier. Includes a rewly renovated restaurant with patio and three car garage on the ground floor. Upstairs are two spacious newly updated apartment units, 2bd / 1ba and 1bd / 1ba. Rooftop deck with ocean and Corona Del Mar views. Property currently is vacant

16387 South Pacific Avenue

Price: $3,288,000
Units Total: 2
Lot Size: 2,178
Living Area: 3,192
Year Built: 1971
Parking: 2
Days on Market: 29
Description: Fabulous whitewater, beach, sunset and Catalina views set the backdrop for this gorgeous BEACH FRONT home extensively remodeled with amazing Sunset Beach location! This remarkable residence offers two 3-bedroom, 2-bathroom units and an UNPERMITTED third floor with 1 bedroom, balcony, and two full bathrooms. The two kitchens (levels 1 and 2) are as stylish as they are functional with contrast cabinetry, stainless steel appliances, pendant lighting, and glass mosaic backsplash. These upgraded residences offer a great investment opportunity with the option to rent out all units or live in one and rent the other. With direct beach access, constant cool ocean breezes, and endless views, this residence offers the best of coastal luxury. Spacious living areas, an attached 2 car garage, and shared laundry room are additional highlights of this premier home. In addition, each of the 3 bedroom units have a separate laundry room. All units are currently leased. May be difficult to show.

Newport Beach, 123 33rd Street

Price: $1,768,000
Units Total: 1
Lot Size: 2,200
Living Area: 1,856
Year Built: 2001
Parking: 2
Days on Market: 38
Description: Upper Level Unit – Cape Cod Style Condo -Just steps away from the sand with great ocean views. Spacious 3 bedroom, 3.5 bath located in the highly desirable Newport Beach Peninsula. The gourmet kitchen is light and bright with updated granite counter tops, opens up to a large great room living area with fireplace leading out to the expansive deck which overlooks the neighborhood and ocean. The third bedroom has its own private bath, plenty of closet space and deck views. On the second floor you will find two large Master suites each with own bathroom, huge deck and balcony with ocean, city and mountain views. This Condo features 5 decks perfect for entertaining. It is offered furnished. Rare direct access garage with an additional covered parking space makes this a real find. Enjoy walking tomrestaurants, shops, amenities and easy access to freeways. Great investment opportunity.

6600 South Van Ness Avenue

Price: $409,000
Units Total: 2
Lot Size: 2,250
Living Area: 1,038
Year Built: 1936
Parking: 4
Days on Market: 256
Description: HUGE PRICE REDUCTION! * NEWLY REMODELED ATTACHED DUPLEX * * BOTH UNITS are 1 BED; 1 BATH; 519 sqr ft. Living area each. Already Collecting 900 a month in rent! (6602 is one of the units) Perfect for 1st time buyers / investor. (6600 is ready for you to live in or rent for an additional 1,200-1,500 a month! ) Both units are upgraded and remodeled and consist of an open floor plan with plenty of natural light. Both units consist of new washer and dryer hookups, recessed lighting, new laminate flooring, remodeled kitchen with quartz counter tops, new dish washer, stove, and microwave range hood. The restrooms were completely renovated with beautiful long white tiles with design vanity and marvel tops. Has a DETACHED 2 car garage in the back with alley access. MINUTES AWAY FROM THE NEW RAMS STADIUM! Rents and property values only going up!

6600 South Van Ness Avenue

Price: $409,000
Units Total: 2
Lot Size: 2,250
Living Area: 1,038
Year Built: 1936
Parking: 2
Days on Market: 4
Description: * NEWLY REMODELED ATTACHED DUPLEX * * BOTH UNITS are 1 BED; 1 BATH; 519 sqr ft. Living area each. Already Collecting 900 a month in rent! (6602 is one of the units) Perfect for 1st time buyers / investor. (6600 is ready for you to live in or rent for an additional 1,200-1,500 a month! ) Both units are upgraded and remodeled and consist of an open floor plan with plenty of natural light. Both units consist of new washer and dryer hookups, recessed lighting, new laminate flooring, remodeled kitchen with quartz counter tops, new dish washer, stove, and microwave range hood. The restrooms were completely renovated with beautiful long white tiles with design vanity and marvel tops. Has a DETACHED 2 car garage in the back with alley access. MINUTES AWAY FROM THE NEW RAMS STADIUM! Rents and property values only going up!

Long Beach, 242 Glendora Avenue

Price: $1,495,000
Units Total: 4
Lot Size: 2,253
Living Area: 1,880
Year Built: 1953
Parking: 2
Days on Market: 67
Description: Nice 4 unit in great rental area of Belmont Shore. The 2 bedroom unit is in the front and there are 2 closed garages. Most units are updated. Seller is doing an IRS 1031 exchange.