Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 920 South Hill Street

Price: $25,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 380
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: 381
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.)

Arcadia, 855 West Huntington Drive

Price: $15,750,000
Units Total: 42
Lot Size: 55,507
Living Area: 34,972
Year Built: 1953
Parking: 66
Days on Market: 44
Description: Huntington Place – 855-875 W Huntington Drive is a prominent 42-unit value-add apartment community located in the highly desirable City of Arcadia, CA. This offering presents an extremely rare opportunity for investors to acquire one of largest apartment community in the affluent City of Arcadia, CA. The property is being offered as one of the highest CAP Rate and lowest GRM in comparison to Arcadia multifamily sales comparable in the past 12 months! The property is unique due to its size and its superb location just a block away from the highly popular Westfield Santa Anita Mall and Santa Anita Race Track, providing unparalleled access to some of the main attractions in the West San Gabriel Valley submarket. The property is located within the prestigious and desirable Arcadia Unified School District and enjoys superb demographics of $110,749 average household incomes within a 3-mile radius. It is surrounded by newer townhomes on its east and west side, and single-family residential community on its north side. The property is a two-story garden style apartment community with a beautiful center courtyard and ample parking in both the front and back. It was built in 1953 and has a total of ±34,972 sq.ft of building area on an oversized lot of ±55,503 sq.ft. The property consists of 3 different parcels and buildings.

Glendora, 320 West Bennett Avenue

Price: $10,990,000
Units Total: 27
Lot Size: 116,829
Living Area: 31,796
Year Built: 1963
Parking: 60
Days on Market: 21
Description: The Sierra West is a 27-unit luxury single-story garden-style apartment community on the foothill area in the City of Glendora, California. This offering presents a rare opportunity for investor to acquire a well located and stabilized upgraded luxury apartment community in the foothill area of the San Gabriel Valley sub-market. It is in a strong demographics area with average household income of ±102,000 in a mile radius, located 3 blocks away from downtown Glendora “The Village”, and across the street from community of single family houses. The property was built in 1963 and is situated on an oversized lot of 2.64 acres (±115,000 sq.ft). The 27-units are spread out to 10 separate single-story buildings on different locations that create a spacious single family residential atmosphere for the tenants. It offers an excellent unit mix of six (6) 3 bedroom + 2 bathroom, eighteen (18) 2 bedroom + 2 bathroom, and three (3) 2 bedroom + 1 bathroom units, each with large private patio (±300 sq.ft). The buildings are comprised of wood frame and stucco construction with pitched, composition-shingle constructed roofs. The community is served by three laundry facilities, a gated swimming pool with men’s and women’s restroom, controlled access with intercom system, gated parking (west side entrance), covered parking, directory, water fountain, and much more! Each unit is a bungalow style single-story apartment complete with private large patio (average ±300 sq.ft).

1520 North El Camino Real

Price: $12,950,000
Units Total: 22
Lot Size: 20,489
Living Area: 28,311
Year Built: 2010
Parking: 58
Days on Market: 108
Description: Venetian Villas – Located in a premier beach city in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in North Beach San Clemente. Built in 2010, this Ole Hanson / Spanish design inspired building, features sixteen (16) spacious 2 bedroom 2 ½ bathroom villas and six (6) ground floor commercial suites. Each residential villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms, in-unit laundry, private patios with mountain, city and ocean views. Relax and enjoy the rooftop lounge / observation deck with panoramic Pacific Ocean and Sunsets views. Elevator service whisks you to / from secured / gated parking structure to each / all floors. A short stroll to the beach, walking trails, dining, Metro Transit Station and ample shopping at the recently completed Outlets, the high Walk Score location (73) presents a uniquely rare opportunity to own a high-quality asset, capitalize on below market rents / built-in intrinsic value, and benefit from the high demand for Orange County Lifestyle Living on the coast.

Helendale, 27160 Vista Road

Price: $2,495,000
Units Total: 23
Lot Size: 41,338
Living Area: 24,268
Year Built: 2007
Parking: 46
Days on Market: 551
Description: This is a 40 unit property in transition from a Time Share project to apartment or multi condo unit rental. For all intents and purposes 23 of the 40 units are newly conceived as apartments and the units are just now in the process of being offered for long term rentals. Recently, the Timeshare management company was tasked to start renting 18 of the 23 units under long term rental agreements. The remaining 17 unit Timeshare project and its management company are not currently offered for sale. The information provided by the seller herein contains the prorated expenses along with the current and projected rent rolls for 23 the units being offered for sale. The owner will carry with a 1/3 down payment in cash or acceptable tradable equity. The buyer’s cash down payment is the only qualification for the seller carry back first trust deed at 6% interest only, with monthly payments of $8,316.67 all due and payable at 72 months. Financing may be extended through negotiation ?at end of term?. The 23 units offered herein are located in a private resort know as Silver Lakes, which offers a Vacation where you Live’ lifestyle, consisting of two lakes totaling 277 acres for boating, fishing, swimming, a 27 hole championship golf course, RV Park, Equestrian Center and a 20,000 square foot Clubhouse with tennis courts pool, gym, library, meeting and event halls, all of which are available to your tenants. Current CAP is 9.18%, Pro Forma CAP is 9.95%

47800 National Trails

Price: $998,000
Units Total: 4
Lot Size: 269,256
Living Area: 6,804
Year Built: 1968
Parking: 44
Days on Market: 138
Description: Newberry Mountain RV Park and Motel is A Perfect Oasis in the desert located on Historic Route 66 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 which could be converted to an additional 8-10 dry camp spaces, and 4 furnished apartments. 1 24 x 60 Manufactured Home serving as Office / Rec building and 1 24 x 44 Manufactured Home that could be used as Manager’s quarters or rented. Propane sales onsite! Easy to maintain automatic watering is in place. Conveniently located off I-40 between Los Angeles and Las Vegas. This is a clean safe park with full amenities that includes a 4-year new sparkling pool, 13 picnic tables, BBQ, two stocked lakes with free fishing, a club room 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. Newberry Springs 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 septic’s and well. 5-year new 5 K gallon holding tank. This is a Tremendous upside for hands on buyer

401 West Glenoaks Boulevard

Price: $11,690,000
Units Total: 40
Lot Size: 31,030
Living Area: 16,620
Year Built: 1956
Parking: 42
Days on Market: 58
Description: PACIFICA – a 40-unit upgraded apartment community in the highly-desirable City of Glendale, California. This offering presents opportunity for 1031 exchange buyers or long-term investors to acquire a stabilized and extensively upgraded property with rental upside potential in a mature and strong location. The property is a two-story garden style apartment that was built in 1956 and has undergone extensive renovations in the past 5 years. The electrical system was upgraded from master meter system to individual meter for each unit. The landscaping has been completely redone and transformed into a tranquil setting with brick pavers and palm trees complete with outdoor seating area (modern-style patio furniture) and hanging garden lighting fixtures. Other major upgrades include copper plumbing, double pane windows throughout, new staircase deck and railings, completely refurbished pool area, new doors for upgraded unit, each windows A / C and wall heater has been replaced with new ductless split HVAC for upgraded unit, new fencing around pool area, new bike racks, and LED lighting fixtures for common area.

Baldwin Park, 14521 Clark Street

Price: $6,800,000
Units Total: 26
Lot Size: 36,139
Living Area: 19,384
Year Built: 1964
Parking: 39
Days on Market: 19
Description: The Kimberly Apartments is a rare opportunity for an extensively renovated 26-unit multifamily investment asset constructed in 1964 and renovated in 2018 on a 36,138 square foot lot, with total building size of 19,384 sq.ft. This extensively renovated, two-story property offers gated security with remote controlled access, carport and open-space parking, newly upgraded landscaping and courtyard, swimming pool, BBQ area, and on-site laundry room. It also features a new seismic retrofit upgrades for the tuckunder parking areas with new membranes installed. The Kimberly Apartments is the only stabilized and heavily renovated income producing property featuring 100% renovated one-bedroom / one bathroom and two-bedroom / one-bathroom units with new floorings, new kitchens, new ceiling fans, new bathrooms, air conditioning units, new stainless steel appliances and new security metal doors. A RUBS program is in place reducing operating expenses. The property is situated on an individual lot with 1 APN: 8437-002-030.

Big Bear, 563 Lynn Road

Price: $1,600,000
Units Total: 33
Lot Size: 25,300
Living Area: 14,904
Year Built: 1967
Parking: 33
Days on Market: 274
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.

Big Bear, 652 Jeffries Road

Price: $1,988,000
Units Total: 17
Lot Size: 64,000
Living Area: 11,454
Year Built: 1984
Parking: 30
Days on Market: 26
Description: Beautiful 17 units rental apartment next to The Big Bear Village, walking distance to the famous Big Bear Lake. Property has (2) parcels. Parcel #0309-131-12-0000 has (8) 2-story standalone buildings (SFR), built in 1984. Parcel #0309-131-11-0000 has (9) 1-story apartments built in 1946 with stern wood log (2 duplex buildings, 5 standard-alone buildings). Both parcels have large lot of 32,000 each. Total lot 64,000 sq.ft. Very easy to rent for there are very few apartments in Big Bear Lake.

Santa Ana, 1001 Riverine Avenue

Price: $6,250,000
Units Total: 30
Lot Size: 20,909
Living Area: 20,854
Year Built: 1982
Parking: 30
Days on Market: 26
Description: Riverine Apartments is a 30-unit multifamily investment property centrally located in the city of Santa Ana, California. The property enjoys easy access to local freeways, is close to major employers, schools, parks, and a number of small and large retail centers. Situated on a 0.48-acre lot, the 20,854 square foot property consists of entirely large, spacious studio units averaging 695 sq.ft. Built in 1982, the property offers amenities including on-site laundry, security doors, private balconies, an on-site rental office, and gated covered parking.

23756 Sunnymead Boulevard

Price: $3,200,000
Units Total: 28
Lot Size: 175,547
Living Area: 24,900
Year Built: 1960
Parking: 28
Days on Market: 6
Description: First time being offered in 30 years, subject property is 100% single story cottage style building is situated on a large lot of 4.03 acres. The property consists of six, one bedroom one bathroom units, fourteen, two bedroom one bathroom units, six, three bedroom one bathroom units, and two retail units. The property is non-rent controlled area with over 50% upside in rents resulting in 8.22% CAP rate. Neatly located on a highly visibility street with even higher visibility, and it has convenient access to Freeway I-60 and I-215. The city of Moreno Valley is located at the intersection of FWY 60 and 215, and bordered by the city of Riverside and Redlands. The city of Moreno Valley contains a median household income of $54,299 and a median home price of $316,200. Investors who are seeking a mixed-use property will be great for this type of property. This investment opportunity offers a stable cash flow and an opportunity to increase rents through renovation in one of the strongest rental markets in the Inland Empire.

Artesia, 11500 186th Street

Price: $6,890,000
Units Total: 12
Lot Size: 22,261
Living Area: 17,638
Year Built: 2014
Parking: 27
Days on Market: 55
Description: Triqor Group is pleased to present The Townhomes on 186th, a 12-unit community located in Artesia, California. The Townhomes on 186th was built in 2014, boasting 6 large three-bedroom / three-bathroom + den townhome style units and 6 large two-bedroom / two-bathroom + den townhome style units. Each unit offers an open floor plan with lots of natural sun light, granite countertops, hardwood floors, central A / C and stainless steel appliances (select units). The exterior of the property features attached garages, interlocking driveway pavers, and premier drought conscious landscaping. The Townhomes on 186th offers an investor the opportunity to own a newer constructed stabilized asset with a 4.4% cap rate on market rents. The Townhomes on 186th are located in Artesia, CA a city in southeast Los Angeles County. Artesia is one of LA County’s Gateway Cities sitting between the City of Los Angeles, Orange County, and the Pacific Ocean. It is surrounded on the west, south and east sides by Cerritos, with Norwalk to the North. The property is located within minutes from the 605 and 91 Freeway’s with a short walk to The Cerritos Shopping Mall. The Townhomes on 186th is part of the ABC Unified School District which is nationally recognized as a leader in education planning, innovation and outstanding educational programs. The ABC School District combined with the central location between two major metro centers make Artesia an ideal place to live.

Hemet, 675 South San Jacinto Street

Price: $2,700,000
Units Total: 26
Lot Size: 47,045
Living Area: 15,288
Year Built: 1973
Parking: 26
Days on Market: 15
Description: The subject property is 26 units consisting of three single story buildings. The property is individually metered for gas and electricity and has individual hot water heaters. Other features include secured entrance and parking, on-site laundry facility (leased), 26 carport spaces with storage lockers and low maintenance landscaping. Villa La Paz consists of all one-bedroom / one-bathroom apartment units. The units offer laminated flooring, carpet, ceiling fans, stoves, mini-blinds and private enclosed backyards. In addition, eight units have central air conditioning and eighteen units have window air conditioning and wall heaters.

Rialto, 234 West Merrill Avenue

Price: $800,000
Units Total: 1
Lot Size: 34,008
Living Area: 3,500
Year Built: 1955
Parking: 25
Days on Market: 48

1544 Placentia Avenue

Price: $11,500,000
Units Total: 25
Lot Size: 38,333
Living Area: 20,823
Year Built: 1987
Parking: 25
Days on Market: 6
Description: Newport Seaside Apartments is a 25-unit multifamily investment property located in Newport Beach, one of the premiere coastal housing markets in Southern California. Built in 1987, Newport Seaside Apartments offers investors the opportunity to capitalize on the unique characteristics of Newport Beach to increase rental income by approximately 76 percent. Situated on a 0.82-acre lot, the 20,823 square foot property consists of two-bedroom and three-bedroom floor plans averaging over 830 sq.ft. Newport Seaside Apartments offers an attractive of amenities including on-site laundry, carport parking, balconies, and a playground.

Pico Rivera, 9950 La Docena Ln.

Price: $2,100,000
Units Total: 4
Lot Size: 54,886
Living Area: 7,410
Year Built: 1950
Parking: 24
Days on Market: 35
Description: Rare opportunity to own a unique, residential income property in a desirable neighborhood. A paved tree-lined driveway leads to four single-story, detached homes, with individual styles. Each home has a driveway with ample parking. The larger front home has 3 bedrooms and 2 baths. This spacious house has original vaulted wood ceilings with a wood-burning fireplace in the living room. The separate dining room connects to a well-lighted kitchen. Sliding doors open onto a private patio and side courtyard with a bonus room and detached 2-car garage. Continuing down the driveway to the shady yard is the entrance of the 2nd home with 2 bedrooms and 1 bath. The warm living room and dining room connects to the well- arranged kitchen. The vintage, Spanish-style 3rd home has 3 bedrooms and 2 baths. Explore the original hardwood floors and dining area with built-in custom cabinet. The kitchen extends to a separate laundry room and leads to a secluded patio which circles around to a 2-car detached garage. The 4th house is at the end of the private drive and has an attached 2-car garage. This 3 bedroom, 2 bath home is larger with choice entertaining space. The entryway opens to an open living room with wet bar and family room anchored by a stone fireplace. The kitchen has granite counter tops and extends to the dining area. The master bedroom has access to the rear patio. This property has potential for multiple uses. Bordering to the east is the San Gabriel River.

Los Angeles, 11703 Berendo Avenue

Price: $3,850,000
Units Total: 18
Lot Size: 12,681
Living Area: 12,240
Year Built: 1960
Parking: 24
Days on Market: 85
Description: Investor’s delight! Property is not subject to rent control plus has actual cap of 5.4% and GRM of 12.83. Priced below recent comps for the area. Plus an investor should implement RUBS to transfer the cost of the water bill to tenants which will result in savings of $900 a month since the property is not rent controlled. Per owner all the units have been remodeled few years ago with new cabinets, counters, fixtures and flooring. Excellent unit mix of (eight) 2 bedrooms / 1 baths, (Nine) 1 bedrooms / 1 baths and (one) single / 1 bath. Bread and butter building. Property is in County of Los Angeles not subject to LA City Soft Story Retrofit.

Fullerton, 210 South Brookhurst Road

Price: $7,200,000
Units Total: 24
Lot Size: 60,984
Living Area: 14,844
Year Built: 1953
Parking: 24
Days on Market: 85
Description: Well maintained property professionally managed for over 20 years. This group of 6 4-plex’s is easy to rent and low maintenance for the owner. 100% occupied with a waiting list. Only strong offers will be considered. The owner’s are currently in the process of installing a new roof. The property was repiped for water and gas in 2004, new sewer lines installed 2010, complete rewire 2007/2008, parking lot slurry sealed in 2013.

San Pedro, 654 West 12th Street

Price: $5,150,000
Units Total: 24
Lot Size: 13,503
Living Area: 15,934
Year Built: 1985
Parking: 24
Days on Market: 27
Description: BRING YOUR REASONABLE OFFERS! Owners have found their Upleg. **San Pedro is currently experiencing a massive revitalization. There has been a recent injection of significant capital into the area from private and public sources. Some of the improvements taking shape currently include SpaceX Big Falcon Rocket development and manufacturing facility on Terminal Island and the redevelopment of Ports O’Call Public Marketplace. The Harbor Blvd. Roadway Improvement Project is expected to be complete in 2018 at a total project cost of $14.8 million, paid by the Port of Los Angeles, including $4.9 million in grant funding from Los Angeles County Metropolitan Transportation Authority (Metro). ** Beautiful, well maintained building just minutes from the ocean. Nice, clean grounds. Very low vacancy rate. Newer building with 20 1 bdrm units and 4 studios. Fourteen units have balconies and many units have been completely or partially upgraded. Some top floor units have ocean views and some have views of the Vincent Thomas Bridge. Twenty-two garage parking spaces and overhead storage units. Four additional exterior gated parking spaces. Laundry facilities on each floor. Gated and secure building with cameras. Recent Health Department Inspection Report – No violations. Close to the beach, Pt. Fermin, Von’s Market, and Starbuck’s. Near Ports-O-Call which is undergoing a $150 million redevelopment. Walk Score of 87. Pride of Ownership Building.

Indio, 83405 Date Avenue

Price: $1,699,000
Units Total: 12
Lot Size: 34,848
Living Area: 34,848
Year Built: 1996
Parking: 24
Days on Market: 120
Description: FULLY RENTED 12 Unit Income Property with all 3 bedroom / 1 bath. 11 units are two story. Across the street from a park. Within driving distance of highway and shopping centers. Built in 1996 and well maintained.

Inglewood, 124 North HILLCREST

Price: $3,500,000
Units Total: 12
Lot Size: 11,605
Living Area: 10,056
Year Built: 1954
Parking: 24
Days on Market: 90
Description: Additional Terms: Buyer shall cooperate with sellers 1031 exchange. Seller will not credit buyer security deposits, Escrow shall be 90 days Escrow will be seller’s choice, Title will be seller’s choice, Title insurance shall be paid by the buyer. The building is being sold in as in condition and no corrective work will be done by seller. All cost shall be paid by buyer (escrow fees, city fees, recording fees, title insurance etc).

17682 Cameron Lane

Price: $3,995,000
Units Total: 10
Lot Size: 16,988
Living Area: 8,763
Year Built: 1985
Parking: 23
Days on Market: 128
Description: Huntington Beach Surf City 10 Plex in Booming Area Next to Huge Medical Center where you have a huge rental base looking to walk to work! Walk to everything you need from this property! Huge Backyard that has possibilities to enlarge this 10 plex! Very Good Condition with lots of new paint, staircases etc! Rare Huntington Beach property in upcoming area! Lots of parking here! Long term tenants have occupied 8 of 10 units. One just rented to market and one unit currently being updated to market rent!