Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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28718 Old Town Front Street

Price: $6,500,000
Units Total: 1
Lot Size: 28,750
Living Area: 7,000
Year Built: 1989
Parking: Yes
Days on Market: 1363
Description: Located right at the South entrance of the Old Town Temecula, Rodeway Inn Temecula is a bed and breakfast-style hotel with 39 meticulously clean rooms and a beautiful swimming pool. The hotel has a strong profit record and there may even be room for further expansion. It is within walking distance of festivals, antique shops, Children’s Museum, night life activities, family diners, bars, fine restaurants and many wine tasting rooms in the famous Western frontier style old town. The hotel is also within short driving distance to 44 + large, medium and boutique wineries on Rancho California Rd and De Portola Rd Wine Trail in the most famous wine country in SoCal, the CrossCreek Golf Club up in the Santa Rosa plateau and many area tourist attractions such as Lake Skinner, Diamond Valley Lake, Lake Elsinore, Pechanga Casino, Pala Casino, hot air balloon paunch pads and Galway Downs horse eventing show ground as well as the Temecula Valley Polo Club. It is one of Southern California’s main year-round tourism centers.

Newport Beach, 417 Harding Street

Price: $2,275,000
Units Total: 1
Lot Size: 2,178
Living Area: 2,119
Year Built: 2016
Parking: 3
Days on Market: 83
Description: Spacious, luxury 3 bed 3.5 bath Balboa Peninsula home, recently upgraded, with modern, highly quality craftsmanship and fully furnished with stylish, contemporary decor. This home is ideally located, just two blocks from beach and bay, and a two minute walk to the Fun Zone, Balboa Pier, local restaurants, shopping and activities. In addition to air conditioning, there are numerous upgrades, including a state of the art kitchen with a Wolf range and Sub Zero refrigerator, dual sinks, extensive cabinetry with under cabinet lighting, and a complete set of new stainless steel appliances. With an eye towards entertaining, this home offers a broad, open floorplan, with easy access between the patio, kitchen, living and dining areas. This home has a Short Term Lodging Permit and property management in place, which allows it to function as a coveted vacation rental property. For a buyer looking for a second home in Newport Beach, this is a ideal investment / enjoyment opportunity. Use the home when you want, and let it make income for you when you are not using it. The current furnishings are not included, but are also available for sale, should the buyer wish for a fully turnkey solution. / / Seller currently lives in the property full time, and rents it out occasionally. Seller will provide Airbnb / Homeaway records showing 57 nights rented in the last year, at approx $1000 a night. / /

4014 Calle Bienvenido

Price: $1,395,000
Units Total: 1
Lot Size: 7,811
Living Area: 2,800
Year Built: 1965
Parking: 2
Days on Market: 361
Description: A beautiful, traditional Cape Cod style home on a very serene street with spectacular ocean and Harbor views. Vaulted, wood beam ceilings, stunning hardwood floors. Spacious, open living and dining areas. Gourmet kitchen with stainless steel appliances and granite counters. Large pool with separate spa, patio and cabana create a charming, outdoor space for lounging or entertaining. Roof completely replaced in 2013. New, large wood deck in front facing the ocean, ideal for BBQs or just enjoying the view. This income property currently produces a NET INCOME of almost $70,000 / year. This is a true 5% CAP rate. A must see!

Los Angeles, 1915 VINEYARD Avenue

Price: $1,350,000
Units Total: 1
Lot Size: 8,853
Living Area: 2,988
Year Built: 1950
Parking: Yes
Days on Market: 57
Description: Duplex and Triplex on a large lot with street to street frontage! Very centrally located – lots of new retail and shops opening and projected in the neighborhood. Market rent is $1800 for 2 vacancies and units still have much potential for upside / renovation. Large shared courtyard between the two buildings, all units have a back door – great opportunity for a lush sanctuary as a tenant amenity. The duplex offers a private yard for each unit with garage parking. 2 Units delivered vacant – immediate potential income is over 4.7% CAP! Also, large lot is great future dev. Opportunity.

Los Angeles, 3410 West 78TH Place

Price: $725,000
Units Total: 1
Lot Size: 6,500
Living Area: 2,051
Year Built: 1957
Parking: Yes
Days on Market: 298
Description: Fantastic Investment or owner occupied opportunity to own a mixed use property with tons of options and potential. Two buildings in total that are connected, 1 with retail space on ground floor and residential unit on second floor. Highly visible location at the corner of Crenshaw and 78th. Set up a small business / office in the retail space down stairs, with additional rental income upstairs in a spacious 2BD / 1BA apt. An attached SFR features 3BD / 2BA. This full of potential 3BD / 2BA home has 2 separate entrances, a 2-car garage with driveway, Master Bedroom with private bathroom, vaulted ceilings in living room, and a charming fireplace. The family room and formal dining room have been converted to bedrooms for additional rental income but can easily be converted back. Charming home in an up and coming neighborhood! Live in the 3bd / 2ba, run your business out of the retail store, and even have a rental upstairs or mother in law suite or simply rent the whole property for great income!

Cathedral City, 68095 Espada Road

Price: $299,000
Units Total: 1
Lot Size: 9,148
Living Area: 1,436
Year Built: 1986
Parking: 4
Days on Market: 51
Description: Residential INCOME! Tenant in place and would like to stay. Currently paying $1,500 a month rent. Great tenant in place, super reliable and has been in home for 3 years! Cathedral City- Panorama POOL Home with Spa. Home features 4bd / 2bth with GORGEOUS Curb Appeal. NEW highly desired contemporary styled tile throughout and newer bathroom vanities in both bathrooms. Did I mention the STUNNING Mountain Views??? Come see this home today!

Laguna Beach, 2875 Terry Road

Price: $2,495,000
Units Total: 1
Lot Size: 6,098
Living Area: 2,500
Year Built: 1942
Parking: 6
Description: This property is comprised of a main house that is two bedrooms and one bath that is owner occupied. There is also a second unit over the garage that is two bedrooms and one bath, it is rented for $3500. A month. In addition to these two units there is a studio apartment under the main house that is used for a guest quarters for the main house. There is a four car garage, with two spaces in front if you park sideways. It is a very charming property on a double wide lot of over 6,000 sq.ft. There are many brick patio areas for entertaining and ocean views from both the house and the unit over the garage. This property has been in the family and has not been on the market for many years. Close to Victoria Beach, with a short walk (If you are a walker) to the beach under the bridge so you don’t have to cross PCH. This property would make a fabulous beach house or income property. It’s future value is insured by the size of the lot if someone wanted future development, you have the square footage. Easy to show, just give 24 hour notice to listing agent.

Pomona, 1884 Berkeley Avenue

Price: $335,000
Units Total: 1
Lot Size: 5,951
Living Area: 480
Year Built: 1947
Parking: Yes
Days on Market: 15
Description: Charming updated cottage in quiet established Yorba District neighborhood near Pomona Valley hospital, shopping and transportation. Beautiful remodeled kitchen has new cabinetry, granite counters, stainless range and hood, refrigerator and tiled floors. Living room features hardwood flooring and ceiling fan. Updated bath has tiled shower and floor. Long concrete driveway for parking. Plenty of room for expansion.

Arcadia, 527 East Norman Avenue

Price: $1,298,000
Units Total: 1
Lot Size: 11,202
Living Area: 2,540
Year Built: 1948
Parking: 2
Days on Market: 1
Description: Fully remodeled South facing home with on a large lot of approx. 11,202 sq. Ft. In the distinguished Arcadia School District! Updated flooring, interior and exterior paint. Remodeled kitchen with stainless steel appliances and breakfast bar opens to the dining room. Enjoy the backyard gated heated pool and spa, outdoor kitchen with BBQ grill and wet bar and patio area. Featuring a total of 4 bedrooms and 2.5 bathrooms, living room with fireplace. This home is bright and airy with abundant natural lighting throughout. Relax in the large Master bedroom with fireplace, built-in cherry wood cabinets and wet bar. Master Bath offers a Jacuzzi tub with fireplace, separate shower and walk in closet. Tree-lined front yard with fenced private patio area, palm trees and abundant fruit trees including orange, peach, lemon, mango trees, and attached 2 car garage. Must see to appreciate this upgraded home! Currently rented out to a great family for $3,950 per month.

Inglewood, 3717 West 107TH Street

Price: $549,000
Units Total: 1
Lot Size: 8,156
Living Area: 1,158
Year Built: 1918
Parking: Yes
Days on Market: 5
Description: Development opportunity few blocks away from the new RAM stadium in Inglewood! Remodel, add units or build new units on an 8,156 sq.ft lot, zoned INR2YY (per assessors record). Currently 3 bedrooms, 1 bath. Property needs TLC, sold as-is. Seller has limited knowledge on the property. Buyer to do their investigations. Sold for land value.

Tustin, 14101 Woodlawn Avenue

Price: $725,000
Units Total: 1
Lot Size: 7,200
Living Area: 1,562
Year Built: 1962
Parking: 4
Days on Market: 209
Description: PRICE REDUCED! In the City of Tustin, we offer a great investment opportunity. Potential to earn up to $200K + / yr. This is licensed for a 6 patient, board and care facility. The property is a 4 bedroom 2 bath that has been remodelled to comply with all the board and care licensing requirements. The property is centrally located and is situated in a quiet tree lined neighborhood that is conveniently close to shops, restaurants and business centers. It also has easy access to the 5 and 55 freeways. The facility is home to 2 patients and the caregiver / owners have limited the patient number as they are looking to slow down and retire. The property has a very open design for ease of use for the patients and has a large covered patio and backyard that is perfect for lounging and relaxation. The rooms are spacious and each bathroom has been remodelled to comply with ADA requirements. The owners are the caregivers. The business pays owners rent and salary amounting to 8000 / mo.

Dana Point, 8 LOS CABOS

Price: $685,000
Units Total: 1
Lot Size: 0
Living Area: 1,740
Year Built: 1989
Parking: 2
Days on Market: 248
Description: INVESTORS – EXCELLENT TENANT – ENCANTAMAR (THE LOVELY SEA) ELEGANTLY REMODELED View Condo, GATED BEAR BRAND. Extensive Remodel in early 2016! Bosch Dishwasher, Counter-Depth Fridge, Stainless Steel GAS Cooktop, Stainless Steel Ultra-Quiet Vent Hood. Blue Pearl Granite Counters in Kitchen and Baths. Master Suite with Oval Soak Tub, Separate Shower, Dual Sinks, Walk-in Closet. Large 2nd bedroom with view and adjacent full bath. Bedrooms, two baths, Laundry with Maytag Washer / Dryer are downstairs. Large view living room, fireplace, view dining room, guest bath, view kitchen are upstairs. Natural Hickory Hardwood Floors on entire main floor, lower hallway, 5″ Baseboards. Porcelain Tile in Baths, Laundry. New Vanities in Master and Hall Bath. Frameless Shower Door, Brushed Nickle Hardware, New Oval Beveled Bathroom Mirrors, Mirrored Closet Doors, Raised Panel Interior Doors. Sun Shades. New Fire-Rated Recessed Lighting Fixtures. LED Lights Throughout, New. New Gas Water Heater. New A / C Compressor. Upper View Balcony, Lower Patio off Master, large Storage Closet. Unit Has Fire Sprinklers (cost $9,000). 2-Car Direct Access Garage with Storage Cabinets, one is Cedar-Lined. Full Driveway. Professional High Quality Sherwin Williams Paint Throughout, including garage. Sparkling Pool, Spa and Gym included. Walk to everything; Starbucks, The Habit, CVS, Trader Joe’s, Peete’s Coffee, Cineopolis Movie Theatre, Ralph’s, 5-Guy’s Burgers, etc. Adjacent to Dana Hills Tennis Center.

Los Angeles, 2205 VENICE

Price: $3,990,000
Units Total: 1
Lot Size: 7,466
Living Area: 7,500
Year Built: 1959
Parking: Yes
Days on Market: 26
Description: Two separate buildings on two continuous lot for sale. Address are 2205 Venice (49 rooms – used code: hotel, 7500 sq.ft) and 2215 Venice (11 rooms – used code: SFR, 2688 sq.ft). Both are being used for rent per room, monthly lease. They produce a good income (monthly gross income is around $28,000). The buyer will verify all permits and information. The properties are sold in current condition as is. Please do not disturb tenants.

66155 CAHUILLA Avenue

Price: $129,900
Units Total: 1
Lot Size: 6,534
Living Area: 756
Year Built: 1959
Parking: Yes
Days on Market: 35
Description: Great opportunity! 2 bedroom 1 bath home with open floor plan, tile floors throughout, 1 car garage large back yard with laundry hook ups in garage. Close to schools and shopping centers. All utilities are paid by tenant including water. Also available right next to each other are: 66119,66125,66139,66149 Cahuilla Ave. All duplexes for a total of 9 units. Each duplex both units have 3 bedrooms, 2 baths with 2 car garage listed price for each duplex $249,900 Please call listing agents for more details

Rialto, 151 East South Street

Price: $450,000
Units Total: 1
Lot Size: 21,600
Living Area: 3,050
Year Built: 1950
Parking: 2
Days on Market: 238
Description: Great Investment Property! Features a huge lot with a space for RV parking. Can build up to 2 more houses in the back lot. Located near downtown Rialto. Conviently located near freeway and shopping center.

Los Angeles, 137 East 47th Street

Price: $568,000
Units Total: 1
Lot Size: 7,125
Living Area: 1,812
Year Built: 1915
Parking: 0
Days on Market: 5
Description: DUPLEX sited in huge lot, main house has 3 bedrooms 2 baths, remodeled inside and out, one back house 2 bedrooms 1 bath, also remodeled inside ans out, property has plenty of parking, convenient two driveways, one for each side, this property is in convenient location, close DTLA, minutes away to major freeways, churches and newer schools.

Newport Beach, 518 Bolsa Avenue

Price: $1,949,000
Units Total: 1
Lot Size: 0
Living Area: 3,261
Year Built: 2007
Parking: 2
Days on Market: 56
Description: This unique property is one of the few homes in Newport Heights that is permitted for short-term / vacation rentals. With its high-end finishes, great floor plan and location, there are multiple ways to maximize the investment opportunity of this home that is being sold fully furnished. Boasting five bedrooms and four bathrooms, this town-home affords an incredible amount of space. This 2-story, almost 3,300 square foot home has fine finishes including granite and Carrera marble counter tops, walnut hardwood flooring, and top notch Viking appliances. The gourmet kitchen makes it easy to entertain and is open to the dining room. The living room has a cozy fireplace and in-ceiling speakers for full media enjoyment. The master bedroom has a private balcony where you can enjoy your morning cup of coffee. A fireplace and a ceiling fan help make this a comfortable haven. A beautiful en suite bath with a soaking tub and a large walk-in shower complete this private suite. There is a secondary master with a king-sized bed, a queen bedroom, a room with twin beds, and another bedroom with twin bunk beds. There are also three additional bathrooms that are wonderfully appointed. The quaint backyard has lovely Mediterranean landscaping, built-in BBQ, and is a great place to enjoy time by the fire pit – day or night. Location being paramount, you will enjoy being a short distance to Newport Harbor and all of the great shops and restaurants Newport Beach and Eastside Costa Mesa has to offer.

Hermosa Beach, 834 Palm Drive

Price: $1,399,000
Units Total: 1
Lot Size: 1,358
Living Area: 1,122
Year Built: 1924
Parking: 1
Days on Market: 11
Description: Charming half-lot located in the Sand Section of Hermosa Beach. This 1,122 sq.ft, 3-bedroom / 2-bath single-family house poses a great opportunity to own in the highly desirable area with immediate access to local restaurants, shops, Hermosa Pier and the beach. One bedroom does not have a closet and could be used as a bonus room / office. This house has a lot of potential for any first-time homebuyers or seasoned investors alike. Don’t let this opportunity pass!

Pomona, 696 West 10th Street

Price: $700,000
Units Total: 1
Lot Size: 6,392
Living Area: 1,601
Year Built: 1922
Parking: 1
Days on Market: 191
Description: Great location for a business opportunity. Two houses in one corner lot. Lots of potential. Close to new shopping centers, less than a mile to freeway. This property This property features first unit 2 bedrooms 1 bath and second unit 1 bedroom 1 bath. Lots of fruit trees. Bring your investors, this property wont last.

Pasadena, 265 Robinson

Price: $749,000
Units Total: 1
Lot Size: 5,015
Living Area: 1,955
Year Built: 1928
Parking: Yes
Days on Market: 76
Description: This charming cottage with guest house, rented out at this moment, boasts 5 bedrooms and 2 bathrooms. Built in 1928, this home welcomes you in with a beautiful 9 ft. High concave ceiling. Although the kitchen has been updated in the past, it still looks very modern and well equipped where you’ll be able to pamper your guests in your wonderful formal dining room. Retains the original hardwood floors throughout most of the house. Standing across the street is the Robincroft Castle, one of the most beautiful landmarks in all of Pasadena! You will not only have that magnificent view, you will also have some spectacular views of Pasadena, as well.

21432 Lemontree Lane

Price: $1,250,000
Units Total: 1
Lot Size: 6,060
Living Area: 3,100
Year Built: 1968
Parking: 2
Days on Market: 70
Description: Located in the most desirable area of South Huntington this home has been a go-to destination for families for many years. It’s spacious large lot, well designed floor plan, and well thought out interior design accommodates 18 guests (with 5 bedrooms) in comfort making this home is an ideal investment for those that desire a loyal client base, yet can enjoy the home many times a year as well – the best of both worlds. Complete with quality furnishings, linens, beach accessories all the kitchen gadgets and appliances you would need. It’s ready to turn over to the next proud owner. The pool has the “wow factor” and is the draw for all large families as it’s well designed with sloping beach style access (ideal for the young and old), water falls, slide and spa all within a tropical setting – just bring your family, drink umbrellas and sun screen and you’re almost in Hawaii. With can create a large outdoor balcony living area above one of two family rooms creating an area for ocean and sunset views. Add on above the garage for even more living space. It’s been well maintained by the same owner for over 40 years. Although it’s in great condition, it’s being sold as is as. Let us show it to you and you’ll be glad you considered this property in your search.

10752 Limonite Avenue

Price: $350,000
Units Total: 1
Lot Size: 10,890
Living Area: 1,200
Year Built: 1947
Parking: 1
Days on Market: 706

La Quinta, 51370 Avenida Bermudas

Price: $1,100,000
Units Total: 1
Lot Size: 10,420
Living Area: 0
Parking: 4
Days on Market: 87
Description: Income producing property.

Malibu, 3946 PUERCO CANYON Road

Price: $4,250,000
Units Total: 1
Lot Size: 63,838
Living Area: 2,140
Year Built: 1946
Parking: Yes
Days on Market: 102
Description: 3946 Puerco Canyon Road is a commercially zoned property that sits at the intersection of Pacific Coast Highway and Puerco Canyon Road. The highly visible property sees about 30,000 cars pass by everyday, featuring more than 650ft of frontage facing the PCH. 3946 Puerco Canyon presents a rare investment opportunity. With breath-taking ocean views and a large commercially zoned lot, The Property calls for repurposed use such as creative office and retail space-a development that takes full advantage of the site and location. The property is currently used as a private residence and a dog kennel with a total construction area of approximately 2,140 sq.ft, not including the dog kennel. The triangle-shaped lot encompasses 1.47 Acres of land.