Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 601 South Main Street

Price: $60,000,000
Units Total: 452
Lot Size: 25,592
Living Area: 25,592
Year Built: 1981
Parking: 858
Days on Market: 62
Description: The SB Omega is a fully entitled project on the southwest corner of 6th and Main St. In the heart of the Historic Core of Downtown LA. Currently the site of Joe’s Parking, this approved project will encompass 4 parcels and stand 390 ft. Tall to include 38 stories above grade and 452 dwelling units. Upon completion, the building will be the tallest structure in the Historic Core and one of the tallest in Downtown Los Angeles. Land is currently used as a parking lot but has all entitlements and plans for a high-rise condominium building consisting of 458,308 residential sq. Ft, 24,368 retail sq. Ft. And 858 parking spaces. Seller is looking for a joint venture opportunity with an experienced contractor who must bring a $10,000,000 down payment to the partnership. Partner must acknowledge that the sale of the project will gross over $400 million and that construction costs will not exceed $160 million.

Los Angeles, 920 South Hill Street

Price: $35,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 557
Description: The Hill Street Lofts project is located on South Hill Street between 9th St. And Olympic Blvd. In the trendy Historic Core district of Downtown Los Angeles. Currently Joe’s Parking, the site is fully entitled for the ground-up construction of a 340 ft. High-rise mixed use project consisting of 239 condominiums and 5,405 sq. Ft. Of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. Ft. Balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Parcel situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the best Downtown LA has to offer. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units Zoning: [Q] R5-4D Lot Area 22,935 Floor Area Ratio 6: 1 (137,610 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (298,155 sq. Ft.)

Los Angeles, 957 South Broadway

Price: $25,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 558
Description: The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in the hip Historic Core, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. Ft. Lot is fully entitled for the construction of a 166 ft., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces – 50 sq. Ft. Balconies on most units in the complex – 4,920 sq. Ft. Of street level retail space – Neighborhood destinations are: The Ace Hotel @ 929 S. Broadway United Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. Broadway Zinque Restaurant @ 939 S. Broadway (opening early 2018) Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square and the LA Fashion District all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units 2 bedroom: 44 units Planning Data: APN: 5139003007,5139003008,5139003009 Zoning: [Q] C2-4D-CDO Interest Offered: Fee Simple Floor Area Ratio: 8.9: 1 (184,705 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (268,619 sq. Ft.)

Hesperia, 8531 Glendale Avenue

Price: $4,000,000
Units Total: 4
Lot Size: 3,620,707
Year Built: 1950
Parking: 162
Days on Market: 43
Description: The Luckey Alfalfa Ranch! 83 + acres 4 parcels including 10 outbuildings at 10,215 square feet; 3 homes with 9 bedrooms 8 bathrooms at 7,446 square feet; an office with bathroom at 1,750 square feet; 70 + acres of prime agricultural land most recently farmed as Alfalfa; 300 acre feet water shares in the Mojave Water Basin (Alto-Sub Area) currently valued at $1,500,000. The possibilities for the 60 + acres (Parcel #24 and #48 – Zoned Rec / Com and A-2) which are contiguous are numerous; Agricultural: Alfalfa, Sod Farm, Tree Farm, Pistachio, Jujube, Peaches, Nectarines, Plumbs, Pears and Cherries, Carrots, Onions, Small Grains, Hemp, Grapes / Wineries. In addition to the Agricultural possibilities there are other developmental possibilities: Sports Complex (Soccer, Baseball, Foot Ball, Skate Park, Polo Fields), Music Concert Venue, Alfalfa Museum, Solar Farm, Wind Farm, Arboretum, University (Weather and Agricultural Studies), Stadium Site, Mini NFL Camp, Horse – Dog – Race Car Track Site, Rodeo Site, Horse Farm, Fairground Site, Private Air landing Field and Runway, Mobile Home or duplex sites along the southern border. The development possibilities increase as you head north to the NE corner of Rocksprings and Glendale – This piece is 15.43 acres 10 + acres is Buildable – Currently Zoned A-2 buildable unit=2.5 acre. To the immediate W and SW of the property are 18,000 to 20,000 sq. Ft. Home sites creating a possible 20 -. 5 acre developable home sites. Association Amenities: None Lot Location Type: On River, Standard LocationPAVE Model 14 #of Full Baths: 0 Model 15 #of Full Baths: 0 Model 1 #1/2 Baths: 0 Model 2 #1/2 Baths: 0 Model 3 #1/2 Baths: 0 Model 4 #1/2 Baths: 0 Model 5 #1/2 Baths: 0 Model 6 #1/2 Baths: 0 Model 7 #1/2 Baths: 0 Model 8 #1/2 Baths: 0 Model 9 #1/2 Baths: 0 Model 10 #1/2 Baths: 0 Model 11 #1/2 Baths: 0 Model 12 #1/2 Baths: 0 Model 13 #1/2 Baths: 0 Model 14 #1/2 Baths: 0 Model 15 #1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms:.

San Bernardino, 2936 Loma Avenue

Price: $7,999,999
Units Total: 80
Lot Size: 96,704
Living Area: 60,620
Year Built: 1984
Parking: 160
Days on Market: 14
Description: The San Bernardino Portfolio consist of two 40 unit apartment complexes located at 2936 Loma Ave and 2935 Mountain Ave in the City of San Bernardino. The property is well positioned to take advantage of strong population growth and job creation in the Inland Empire. The recent growth of economic drivers in the region have resulted in strong rent growth and tightening occupancies in the Mutifamily market. The region is connected to the great Inland Empire metropolitan area and is the home to California State University San Bernardino which serves more than 20,000 students annually. The property is comprised of eight two story buildings which contain 60,620 sq.ft of rentable area on 96,704 sq.ft of land. Priced at below replacement value. The apartments have wall units and central heating / air conditioning, hardwood and carpeted units, vertical blinds, ceiling fans and private patio / balconies on selected units. Residents pay for gas and electricity which are individually metered and each unit has individual water heaters.

31001 San Francisquito Canyon Road

Price: $949,950
Units Total: 1
Lot Size: 569,605
Living Area: 1,370
Year Built: 1939
Parking: 101
Days on Market: 27
Description: Multi Purpose Movie Ranch for sale. Country living only a few minutes away form Valencia. This scenic road is full of twist and turns with city and mountain views that leads you to a piece of property unlike no other. Nestled in the canyons this property has been used as a retreat of sorts, a sense of peacefulness. It’s a self sustaining working ranch thats off the grid. The vegetation includes the many Oak and Bamboo tree’s that has been strategically placed w / privacy in mind. Shielding prying eyes from the often Paintball and Airsoft expeditions. The terrain is mostly flat however, the land is laid out whereas it provides a myriad of different advantage points. In due part to the many lush pockets, creek beds and hill tops makes this a common place for tactical training, shooting and dog exercises. Because of it’s uniqueness, Hollywood has been consistently calling shooting movies and commercials for companies like NBC, The New York Film Institute / Academy, LA Films, Vans and CBT Stunts (brings in about $140k yr). There’s more than enough space for storage-Trucks, Boats, RV’s, Heavy Equipment Machinery- that’s what the Fire Dept., the Forestry and Warner Bros has done. On the last possible lot to build on makes it an ideal location to build your custom estate or if you’re into building track homes, the zoning will allow for multiple SFR’s. Yes there’s a home with plenty of parking, a garden, an RV, a mobile office trailer, a camper, and a tractor. Too many features. Call for more info.

Sherman Oaks, 14731 Burbank

Price: $5,995,000
Units Total: 38
Lot Size: 38,906
Living Area: 40,509
Year Built: 2018
Parking: 73
Days on Market: 38
Description: RARE 38 UNIT DEVELOPMENT OPPORTUNITY WITH PLANS COMPLETED AND PERMITS ISSUED. Burbank Apartments is a luxury ultra contemporary modern three-story “corner to corner” residential development designed to attract the modern day demographic who want to live in the buildings of the future. With 38 units total, ranging from 1 Bed / 1 Bath to 3 Bed / 2 Bath, the building seeks to offer a comfortable and unique home to its residents. Its open space courtyard with an elevated platform serves as a ‘walk in the forest’ social hub. It provides privacy and security from outside the building as well as more sunlight to reach the residences interiors. Apart from this communal courtyard, each unit is given their own private balcony space and immediate exterior access. Burbank Apartment also includes ground floor vehicle and bicycle parking, in-unit washer / dryer, a communal recreation room and a lavish landscaped outdoor area. The footprint of the building is designed around existing trees which will shape a communal space for residence and the local community. The planters around the development act as a buffer for air pollution and noise pollution from the density of its location. Burbank Apartments also contributes to sustainable development by providing solar power and rainwater retention with storage and irrigation system. Unit mix: 6 (1 + 1) 2 (2 + 1) 20 (2 + 2) and 10 (3 + 2) 73 Parking spaces (64 Tandem 9 single) 38 Bicycle parking. Currently its flat land.

Loma Linda, 25356 Cole Street

Price: $6,800,000
Units Total: 24
Lot Size: 43,995
Living Area: 20,430
Year Built: 1968
Parking: 72
Days on Market: 24
Description: The property is conveniently located walking distance from the Loma Linda University, the Loma Linda University Medical Center, the Veteran Healthcare System and many major regional employers. This 24 unit apartment community is compose of all large two bedroom / one bathroom units, of approximately 879 Sq. Ft. The current ownership’s emphasis has been on quality updates which include recent capital improvements that exceed $500,000. A small protype of 4 units have been extensively updated with extra large kitchen islands, stainless steel appliances and granite countertops. These units are garnering a premium in rental income exceeding $1,550 a month. All 24 units have new stainless steel appliances and upgraded cabinetry. A majority of the units have granite counter tops, and wood style Brava plank flooring recently upgraded. Another income producing implementation by the current ownership includes a tenant utility reimbursement program being implemented property wide. The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a quality property, that will require minimal maintenance, for decades to come. As a result, the property demonstrates a minimal turn over and vacancy.

Victorville, 14243 Rodeo Drive

Price: $6,590,000
Units Total: 60
Lot Size: 111,325
Living Area: 48,726
Year Built: 1986
Parking: 60
Days on Market: 145
Description: Northport Apartments is a 60-units community, situated on 2-1/2 acres, consisting of seven residential 2-story buildings, a pool, and laundry facilities. The location of the complex is just minutes from shopping, public transportation, and access to interstate 15. Northport offers exclusively two bedroom, two bath floor plans with either an upstairs balcony unit, or a downstairs garden patio.

Garden Grove, 10071 Lampson Avenue

Price: $11,685,000
Units Total: 41
Lot Size: 57,935
Living Area: 33,370
Year Built: 1963
Parking: 59
Days on Market: 15
Description: Marquis Apartment Homes is a 41-unit multifamily investment property located in Garden Grove, one of the strongest rental markets in Southern California. Situated on a 1.33-acre lot, the 33,370 square foot property consists of one-bedroom and two-bedroom floor plans. Marquis Apartment Homes offers amenities including garage, open, and carport parking, private patios (select units), balconies (select units), and on-site laundry. Marquis Apartment Homes is just over one half mile from Garden Square Shopping Center and The Promenade Garden Grove, providing residents with easy access to a variety of retailers, grocers, dining, and entertainment options. The property is also one mile from California State Route 22 providing residents with convenient access to surrounding cities.

Norwalk, 12235 Alondra Boulevard

Price: $9,450,000
Units Total: 37
Lot Size: 15,590
Living Area: 23,497
Year Built: 1964
Parking: 52
Days on Market: 120
Description: Offered is a 37 unit apartment complex in the City of Norwalk. The property sits on 2 parcels totaling over an acre of land and offers tenants a gated pool, patio, BBQ area, gated parking, security entrance and an on site laundry facility. Many of the unit interiors have been upgraded with new dual pane windows, flooring, granite counter tops, appliances, vanities and resurfaced kitchen cabinets. The units have new individual air conditioning units and are separately metered for gas and electricity. The property has 11 tuck under and 41 open parking spaces. Norwalk is a densely populated city with a population of over 100,000 people. The city is located approximately 17 miles south east of downtown Los Angeles and enjoys easy access to the 605,5, 105 and 91 freeways along with numerous public transportation options.

Eagle Rock, 1580 Yosemite Drive

Price: $17,000,000
Units Total: 50
Lot Size: 89,658
Living Area: 44,272
Year Built: 1951
Parking: 50
Days on Market: 38
Description: Yosemite Gardens is a 50-unit community situated on a large ±2.06 acre lot. The large lot and RD1.5-1 zoning allow additional 26 units to be built on site (using 35% density bonus, through TOC-1 or State Affordable Housing – BUYER TO VERIFY). The property is a Mid-century, well-maintained, two-story, value-add apartment community in the Eagle Rock area of the City of Los Angeles, California. The community has a center driveway with large, landscaped outdoor common areas and consists of 3 main buildings with multiple detached private garages. It was built in 1951, has a ±44,272 sq.ft building size on an oversized 89,658 sq.ft lot. The property has 2 parcels and 2 different zonings. The property offers walkable amenities, easy transportation access, and close proximity to LA’s most exciting neighborhoods. It has an excellent unit mix of 27 x 2bedroom + 1bathroom and 23 x 1bedroom + 1bathroom. Each unit (average unit size ±885 sq.ft) has an excellent layout with original hardwood flooring, large windows, individual water heaters, tiled kitchens and tiled bathrooms, ceiling fans, and a dishwasher. Approximately 13-units have been upgraded with restored hardwood flooring, new kitchen finishes, and restored bathroom. The property separately metered for electricity and gas and is cable and Wi-Fi ready.

Helendale, 27160 Vista Road

Price: $999,999
Units Total: 11
Lot Size: 19,894
Living Area: 0
Year Built: 1986
Parking: 46
Days on Market: 41
Description: 11 income producing townhome Units with very high cap rates for the area! Located just off Historic Route 66 in the High Desert Community of Silver Lakes, offering resort style living at home! Community amenities include two lakes totaling 277 acres for boating, fishing, swimming, a 27 hole championship golf course with unlimited golf for residents, RV Park, Equestrian Center and a 20,000 square foot Clubhouse with tennis courts pool, gym, library, meeting and event halls, all for your tenants to enjoy! Convenient to the Southern California Logistics Airport Complex, Fort Irwin and the Logistics Annex in Yermo. Motivated Sellers – High Cap Rate! Your tenants will always feel like they are on vacation with the fabulous amenities offered in this community. Association Amenities: Beach Lot Location Type: On LakePAVE Model 14 #of Full Baths: 0 Model 15 #of Full Baths: 0 Model 1 #1/2 Baths: 0 Model 2 #1/2 Baths: 0 Model 3 #1/2 Baths: 0 Model 4 #1/2 Baths: 0 Model 5 #1/2 Baths: 0 Model 6 #1/2 Baths: 0 Model 7 #1/2 Baths: 0 Model 8 #1/2 Baths: 0 Model 9 #1/2 Baths: 0 Model 10 #1/2 Baths: 0 Model 11 #1/2 Baths: 0 Model 12 #1/2 Baths: 0 Model 13 #1/2 Baths: 0 Model 14 #1/2 Baths: 0 Model 15 #1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 #Of Units: 0 Model 14 #Of Units: 0 Model 1 #1/4 Baths: 0 Model 2 #1/4 Baths: 0 Model 3 #1/4 Baths: 0 Model 4 #1/4 Baths: 0 Model 5 #1/4 Baths: 0 Model 6 #1/4 Baths: 0 Model 7 #1/4 Baths: 0 Model 8 #1/4 Baths: 0 Model 9 #1/4 Baths: 0 Model 10 #1/4 Baths: 0 Model 11 #1/4 Baths: 0 Model 12 #1/4 Baths: 0 Model 13 #1/4 Baths: 0 Model 14 #1/4 Baths: 0 Model 15 #1/4 Baths: 0 Model 14 Rent: 0.00 Model 15 Rent: 0.00 Model 1 SQFT: 0 Model 2 SQFT: 0 Model 3 SQFT: 0 Model 4 SQFT: 0 Model 5 SQFT: 0 Model 6 SQFT: 0 Model 7 SQFT: 0 Model 8 SQFT: 0 Model 9 SQFT: 0 Model 10 SQFT: 0 Model 11 SQFT: 0 Model 12 SQFT: 0 Model 13 SQFT: 0 Model 14 SQFT: 0 Model 15 SQFT: 0 Model 1 #3/4 Baths: 0 Model 2 #3/4 Ba.

Mecca, 99061 Hwy 111 Highway

Price: $299,000
Units Total: 1
Lot Size: 23,958
Living Area: 6,825
Parking: 40
Days on Market: 60
Description: Invertors here is one the opportunities for you a building, 70.00 x 60 First Floor second floor 70x 60 Is one the lowers price in the entire Coachella Valley. A Building and two apartments in the second floor, this building offer to you the opportunity to have you on business and have a person to take care in the night plus you can rent the second apartment. This an empty building in the way to complete the installation for Insulation, sheet rock, electricity and many more additions, to bring this building as new. This building is not ready to living or open business, the two Apparent in the second floor need to finish, The Lower part is for business for Market or any commercial business. Need to finish. Inversionistas aqu est la oportunidad de un edificio de 70.00 ft x 60.00 ft Primer piso y segundo piso con 70.00 ft x 60.00 ft Es uno de los ms baratos en todo el valle de Coachella. Edificio que tiene dos departamentos

Tustin, 1102 Wass Street

Price: $5,488,800
Units Total: 11
Lot Size: 47,480
Living Area: 14,131
Year Built: 1964
Parking: 38
Days on Market: 16
Description: The Wass Street Villas are occupied with a mixture of long term and new tenants, providing an investor the opportunity to increase rents and immediately increase return. The Wass Street Villas are composed four separate buildings consisting of one 4 bedroom 2 bath, four 3 bed 2 bath and six 2 bed 2 bath units. All units are well-designed with a patio or balcony, central heating and cooling, and a shared laundry room. Additionally, there are ten double car garages, two single car garages, and additional open parking spaces available for residents and guests. This building is located within an excellent rental location and boasts historically low vacancy rates. The Wass Street Villas are individually metered for electricity and gas. Landlord expenses include common expenses and include water services. The Wass Street Villas are located near the cross streets of Newport Ave and Irvine Blvd and within a short distance to multiple retail shopping center destinations, Downtown Tustin, Old Town Tustin, The Tustin Marketpace, The District at the Tustin Legacy, the 5 Freeway, the 55 Freeway, the 261 Toll Road, Tustin High School and Foothill High School.

Big Bear, 563 Lynn Road

Price: $1,900,000
Units Total: 33
Lot Size: 25,300
Living Area: 14,904
Year Built: 1967
Parking: 33
Days on Market: 451
Description: Conveniently located right next to the Bowling Barn and Funplex on Lynn Rd. This is the second part of Knights Inn business. It has 33 interior corridor motel rooms. The location is within walking distance to the fine dining and cinemas in the Big Bear Lake Village. There is an unused indoor swimming pool. The business is composed of two separate buildings. There is another 33-room main building across a street on Big Bear Blvd under a different listing. In addition, there are three immediately adjacent empty lots for further development under yet another land listing. They could all be purchased together. This listing price is without the Knights Inn business franchise.

Sun Valley, 12072 Sheldon Street

Price: $3,199,500
Units Total: 14
Lot Size: 12,362
Living Area: 13,576
Year Built: 1987
Parking: 33
Days on Market: 65
Description: Non-Rent Control building with security access and remote controlled parking gate. Plentiful parking, balconies, patios, individual HVAC units and spacious units averaging 970 sq.ft. Several units have updated flooring, kitchen cabinets and light fixtures. Property is close to the 5 and 170 Freeways. There are numerous parks and schools in the area and the Hansen Dam Recreational Center is only 7 minutes. Hansen Dam offers numerous recreational activities including biking, fishing, sports and hosts various festivals through out the year. Sun Valley is bordered on the north east by Shadow Hills, the south east by Burbank and the south by North Hollywood / Valley Glen. The close by Sun Valley Metrolink Station offers 320 free overnight parking spaces. Sun Valley has a youthful population as indicated per the 2000 Census with the median age of the residents being only 28 years old.

Valley Glen, 6630 Whitsett Avenue

Price: $5,000,000
Units Total: 26
Lot Size: 19,114
Living Area: 17,610
Year Built: 1977
Parking: 32
Days on Market: 58
Description: JCT Brokerage is pleased to present the investment offering of 6630 Whitsett Avenue, a 26-unit apartment building comprised of singles, 1 + 1’s and 2 + 2’s. Situated within the North Hollywood (Valley Glen) sub-market of Los Angeles, this investment property provides a unique opportunity to maximize on the large potential upside in rents (roughly 47%). This rent-controlled asset was built in 1977 and has been upgraded with granite counter-tops (7 units), refurbished hardwood flooring (24 units) and tile throughout kitchen / bathroom (20 units). Brand new roof installed just 2.5 years ago. Adjacent parking lot included with sale (APN #2333-002-045). Current ownership has started the construction phase of the soft-story retrofit improvement, which will be completed prior to COE.

South Pasadena, 635 Prospect Avenue

Price: $10,800,000
Units Total: 32
Lot Size: 36,002
Living Area: 24,616
Year Built: 1954
Parking: 32
Days on Market: 107
Description: Turnkey property consisting of 32 Units (22 one bedroom / one bath and 10 two bedroom / one bath). Spacious units offering stove, dishwasher, ceiling fans, and wall units for heating and cooling. Approximately 65% of units have been fully renovated. Updated units have laminate and tile flooring, new kitchens with new cabinets, granite countertops, and new appliances. Bathrooms have new vanities, toilets, bathtubs, and hardware. Located in highly desirable South Pasadena School District. Easy access to 110 Freeway, Huntington Hospital, Old Town Pasadena, Shops on Lake Avenue and neighboring entertainment destinations.

Los Angeles, 922 West 23RD Street

Price: $9,500,000
Units Total: 15
Lot Size: 20,234
Living Area: 21,128
Year Built: 2007
Parking: 32
Days on Market: 3
Description: The subject property is NON – RENT CONTROL 2007 built in townhouse / loft style student housing complex located just a short distance from University of Southern California (USC) campus. Located in a Los Angeles (HPOZ), the complex consists of fifteen apartment units in two separate buildings. The first building is a historic single-story brick building with loft spaces. Originally constructed in 1921, this building has been reinforced and upgraded in compliance with the latest city codes and regulations renovated 2007. The second building is a three-story stucco building over a grade parking garage on a concrete slab foundation. The parking 32 subterranean covered spaces. Students benefit from USC Department of Public Safety (DPS) patrol, USC Cruiser Campus Service and a USC operated campus tram with a stop located outside of the building. All units are individually metered for gas and electricity.

Lake Elsinore, 33380 Dreycott Way

Price: $799,000
Units Total: 1
Lot Size: 70,132
Living Area: 2,820
Year Built: 1980
Parking: 30
Days on Market: 27
Description: SHORT TERM RENTAL PROPERTY. Private Resort located at the base of the Ortega Mountains providing panoramic views of the lake and city. The interior appearance is like staying in a 5-Star hotel. Attention to detail is apparent everywhere. The huge gourmet kitchen can accommodate large groups and features a center island, double ovens, 2 sinks and a built-in refrigerator. The main floor features a large bedroom, full bath, laundry room, living and formal dining room and a large wet bar. The upper floor master suite has a private outside deck and luxurious bathroom. On the lower level, there’s a bedroom, ¾ bath, recreation room with wet bar, and a fully outfitted gym. There are 4 outdoor decks that overlook each side of the home. The main deck is over 700 sq.ft and has breathtaking views of the lake and distant mountains. The lower gated patio area has a large pebble-tech pool and spa and bar-b-q island and room to handle large groups. The private lighted tennis court can also be used for weddings or other large gatherings. In addition to the 2-Car attached garage, there’s a 30×60 RV Garage with a ½ bath that could be used for storage or rented out for additional income. Property has been producing a steady income as a short-term rental since August 2018. Potential to produce over $9,000 / mo. When fully booked. Past guest have all given raving 5-Star reviews of the property. Centrally located within 1 hour of beaches, wineries, San Diego, Orange County and Disneyland.

Arcadia, 922 West Duarte Road

Price: $6,800,000
Units Total: 14
Lot Size: 33,718
Living Area: 18,944
Year Built: 1964
Parking: 30
Days on Market: 112
Description: LAND REDEVELOPMENT OPPORTUNITY. Fountain Manor is situated on an oversized R3 lot on which 22, three-bedroom townhomes / Condos can be built. The subject property is a 14-unit multifamily investment property located at 922 West Duarte Road, Whittier, CA. Located less than one mile to Westfield Santa Anita, El Rancho Santa Anita Shopping Center, and Interstate 210, residents have easy access to major retailers, grocers, and transport routes to employment centers throughout Southern California. Fountain Manor is also less than half a mile from Temple City High School and a mile and a half from Arcadia High School. Built in 1964, Fountain Manor is situated on an oversized lot on which 22, three-bedroom townhomes can be built, allowing investors to substantially increase rental income. Situated on a 0.77-acre lot, the 18,944 square foot property consists of two-bedroom floor plan, four of which are townhomes. Fountain Manor offers amenities including a gated swimming pool, balconies / patios (select units only), on-site laundry, and carport and open parking.

Blythe, 535 West Barnard Street

Price: $1,460,000
Units Total: 32
Lot Size: 45,725
Living Area: 19,150
Year Built: 1963
Parking: 30
Days on Market: 88
Description: 32-unit apartment buildings in the sunny city of Blythe, CA! There is a variety of apartment units ranging with 3 studios, 18 one bedrooms and 11 two bedroom units. Electric appliances, self-service laundry, sparkling pool, carports and beautiful grounds onsite make this rental property a gem! Tenants are good residents and there is onsite manager helps keep the place in excellent shape. Call your investors for this great opportunity! Great opportunities to add on to your profolio. Excellent Cash incomes. Blythe is a city in Riverside County, California, United States, in the Palo Verde Valley of the Lower Colorado River Valley region, an agricultural area and part of the Colorado Desert along the Colorado River, approximately 224 miles (360 km) east of Los Angeles and 150 miles (240 km) west of Phoenix. Because the city is uniquely position between Los Angeles and Phoenix there are visors and traveler who would pass and stay at the city. There is also water right to the River of Colorado which have attract farmer to buy land and increase the cultivation business within the City of Blythe. Look at the price per sf, this is a deal you want to take closer look.

Los Angeles, 2315 West 54th Street

Price: $4,500,000
Units Total: 14
Lot Size: 11,511
Living Area: 12,720
Year Built: 1993
Parking: 30
Days on Market: 248
Description: Acquire a turnkey high quality asset in the rapidly changing sub market of Los Angeles Park Mesa Heights. This neighborhood is situated between Inglewood’s premier new development projects and DTLA. This property is also close by to the proposed mixed use Baldwin Hills Crenshaw Mall project at the Crenshaw / Expo station. All 14 town-home units are 3 bedrooms and 1.5 bathrooms with 2 bedrooms and full bathroom on 2nd floor and 1 bedroom with half bath and open floor plan kitchen / living room on 1st floor. Compact floor plan of 900 sq.ft is perfect for roommates and families. Most units have been raised to $2,250 per month and potential exists to go to $2,500 per month. Subterranean parking accommodates 30 cars in tandem arrangements and property comes with onsite laundry and storage facilities. Key code access pedestrian gates on West 54th Street and remote opening parking gate through alley provide tenants with the peace and security that they desire. Perfect up-leg for 1031 exchange buyers or buyers looking for a well located high quality asset that will produce stable cash flow. Seller’s bank loan of $2,515,000 at 4.65% interest rate is potentially assumable for qualified buyers subject to Opus Bank conditions. Property is not subject to Los Angeles rent control ordinance as it was constructed in 1993.