Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 4717 LOMITA Street

Price: $650,000
Units Total: 1
Lot Size: 1,798
Living Area: 850
Year Built: 1926
Parking: Yes
Days on Market: 57
Description: As you enter this single family residence you will find complete zen garden with mature plants and low maintenance yard. The property has no adjacent structures and total privacy. Remodeled with new upgrades including large galley kitchen with granite countertops and stainless steel appliances. Large bedrooms with ample closet space including a walk-in closet. Dedicated laundry room / mud room. Additional upgrades include double paned windows, tile flooring and wood like floors. One car attached garage. High walkabilty score. Centrally located in up and coming Mid Los Angeles with close proximity to Beach Cities, Downtown, Hollywood, West LA, Beverly Hills, Great Restaurants and Amenities.

San Bernardino, 1131 Barton Street

Price: $225,000
Units Total: 1
Lot Size: 7,500
Living Area: 704
Year Built: 1940
Parking: 2
Days on Market: 14
Description: GREAT INVESTMENT OPPORTUNITY! 2 FOR THE PRICE OF 1! HOME FEATURES 2 BEDROOMS AND 1 BATH WITH A BONUS ROOM USED AS A 3RD BEDROOM, CONVERTED GARAGE WITH 1 BEDROOM AND 1 BATH. THE 5,300 sq.ft LOT IN THE BACK OF THIS HOME IS ALSO INCLUDED IN THIS SALE, FOR ENDLESS POSSIBILITES. HURRY THIS OPPORTUNITY WILL NOT LAST!

Sun Valley, 8016 Fair Avenue

Price: $650,000
Units Total: 1
Lot Size: 22,376
Living Area: 1,096
Year Built: 1905
Parking: 2
Days on Market: 41
Description: EXCELLENT OPPORTUNITY FOR BUILDERS AND INVESTORS to capitalize on the building of potential units in a residential neighborhood! MUST BE SOLD WITH 11145 Strathern St, Sun Valley – listed separately at $500,000. (10,960 Sq. Ft) located behind this property. Properties are back to back and have access from two different streets, Strathern and Fair. TOTAL PRICE FOR BOTH PROPERTIES TO BE $1,150,000. Located near parks, schools, and shopping. Family oriented community. A nearby huge reclamation park project is being developed by the city of Los Angeles, called the Strathern Wetlands Park Project and the parks name will be called “Rorie Shaw Wetland Park”. The proposed project will include recreational trails, basketball courts, tennis courts, tot lot, amphitheater, and picnic tables. The purpose of this project is to convert 46 acres of invert landfill into a multi-purpose wetlands park which will handle flood risk management, water quality improvements and groundwater recharge. Overall, the project will provide an additional 15 acres of open space and recreational areas to a community. BUYER NEEDS TO INVESTIGATE FOR THEMSELVES

Fontana, 18053 Arrow Boulevard

Price: $225,000
Units Total: 1
Lot Size: 5,000
Living Area: 1,560
Year Built: 1940
Parking: 0
Days on Market: 7
Description: Commercial zoning huge potential

Riverside, 1181 Clark Street

Price: $245,000
Units Total: 1
Lot Size: 1,307
Living Area: 1,150
Year Built: 1971
Parking: 0
Days on Market: 59
Description: Lovely Rare 3 bedroom condo in North Riverside. It’s a GATED Condo / Townhouse with 5 minutes to UCR! Tree lined complex has Pool. Condo looks out on Green Belt. END unit-only has one neighbor. Ready to Move in.

Los Angeles, 909 FEDORA Street

Price: $1,890,000
Units Total: 1
Lot Size: 6,400
Living Area: 3,786
Year Built: 1907
Parking: Yes
Days on Market: 152
Description: Price Change! This is a two-unit investment opportunity located in the Koreatown submarket of Los Angeles. This income generating property is composed of a front and back unit each with 4 bedroom / 2 bathroom on one lot. Both are separately metered, and connected by two garage units. This property is a great option for developers looking to build in booming Koreatown, Los Angeles. This property is entitled for a 23-unit, 7-story new construction complex with basement parking. This project takes advantage of the Transit Oriented Communities (TOC) incentives. Do not disturb tenants.

Costa Mesa, 377 Avocado Street

Price: $529,000
Units Total: 1
Lot Size: 1,698
Living Area: 1,458
Year Built: 1991
Parking: 3
Days on Market: 41
Description: End unit built in 1991, Low HOA at only $189 per month. Great 3 bedroom, 2.5 bath Town home. Upstairs Master Bedroom features one walk in closet, one normal size closet and has its own En Suite. Spacious living room with fireplace. Large kitchen with Bay Window, Breakfast Nook and Separate Dining room. Enclosed patio. Two-car garage with direct access plus a covered parking space making for three total spots. Newer energy efficient windows and window coverings. Newer wood laminate floors and water heater. Low association dues. Two full size bathrooms located upstairs with a half bathroom downstairs. Fireplace with mantel, large sliding glass doors open up the entire living room. Located in the Newport Mesa School district, Walking distance to shopping and only a few miles to the beach! A must see!

Los Angeles, 7415 South MAIN Street

Price: $590,000
Units Total: 1
Lot Size: 6,360
Living Area: 690
Year Built: 1922
Parking: Yes
Days on Market: 12
Description: Residential Units and Retail store mixed use property. There are Two residential units. Each unit consisting of 2 Bedrooms + 1Bathroom. The Front unit is a store with 1/2 bath. Zone LAC2-1. All occupied with month to month Agreement. The property is built with block walls all around. Separate meters and own washer and dryer for residential units. Agent Remark: Tenants occupied. Please Do not disturb. Income and Expense are calculated on the current data provided by Seller, but it should be recalculated newly again by Buyer, the Net Operating Income would be modified due to changed incomes and expenses according to various conditions. Buyer must needs advises from professionals on Income Property

Santa Ana, 3714 South Parton Street

Price: $1,050,000
Units Total: 1
Lot Size: 4,750
Living Area: 2,093
Year Built: 1969
Parking: 4
Days on Market: 182
Description: South Coast Metro SFD with a 5.7% Cap Rate! One of three properties within Seller’s portfolio. This 4 bedroom 3 bath single family detached home is currently leased to a commercial tenant with an initial 2 year lease which expires in August 2019. Includes 3 two year options, and with 3% increases per option period. Home is upgraded with wood and tile floors and granite counters in kitchen.

Corona, 4456 Owens Street

Price: $410,000
Units Total: 1
Lot Size: 1,008
Living Area: 1,825
Year Built: 2007
Parking: 2
Days on Market: 134
Description: In the heart of Corona’s most desirable area, fabulous Owens Cove @ Dos Lagos Market Street Community, popular Tri-Level 3 bedroom, 2.5 bath floor plan offers 1,825 sq. Ft. Is turnkey end unit with abundance of natural light offering many upgrades throughout. Living room with soaring vaulted ceilings has dark wood floor downstairs and plush carper upstairs, designer paint. Gourmet kitchen featuring high-end stainless steel appliances, granite counter tops, mahogany cabinets, island, plus a walk in pantry. You also get 3 balconies, recessed lighting, large baseboards and much more. This property is across from the Dos Lagos Golf Course and Promenade. You also have the pleasure of relaxing at the community pool and spa plus Club house with billiards table, out door fireplace and picnic areas.

Dana Point, 54 Corniche Drive

Price: $520,000
Units Total: 1
Lot Size: 1,000
Living Area: 1,200
Year Built: 1988
Parking: Yes
Days on Market: 8
Description: This beautiful condo is located in the coveted Ritz Pointe Community. New carpet, upgraded windows and doors! Plantation Shutters throughout the home! The home is in a great location with a greenbelt and pool view! The A / C unit and furnace are newer! Washer, dryer and refrigerator are included with the sale. This is a truly pride of ownership home that has been well taken care of! The property is located in a Guard Gated community close to the beach, the 5 Star St. Regis Resort, golf and walking trails! One of the spas in this community has a beautiful view of the Pacific Ocean. The other amenities include the clubhouse, pool, and 2 other spas as well as a gym. The home shows light, bright, well kept! You will not be disappointed!

Studio City, 4231 Tujunga Avenue

Price: $799,000
Units Total: 1
Lot Size: 19,209
Living Area: 17,000
Year Built: 1991
Parking: 2
Days on Market: 2
Description: Spacious, unique townhouse in the heart of Studio City. Recently remodeled. Hardwood Floors throughout, high ceilings with crown moldings, recess lighting, washer, dryer, and dishwasher in unit. Refrigerator included. Beautiful patio with retractable awning and mountain view; four balconies. Minutes to Universal Studios, Ventura shops and restaurants, one of a kind Tujunga ave shops and restaurants, and a hiking trail. Walking distance to Aroma Cafe and unique boutique shops and restaurants in Tujunga village. Feels like living in a house. Separate entrance, two car attached garage with built in storage. Carpenter School zip code. Damn waiter lift from garage to the kitchen level. Carpenter school district. Two car tandem parking attached garage. Move in ready! Some of the furniture can stay upon request and discussion of cost. Current tenant under lease agreement till August of 2020 with monthly rent $4250. List Price Includes: washer, dryer, refrigerator

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.

Indio, 83315 Long Cove Drive

Price: $389,000
Units Total: 1
Lot Size: 9,148
Living Area: 2,714
Year Built: 2004
Parking: 3
Days on Market: 2
Description: Attention Investors! Long-Term renter pays $30,000 per year ( $2,500 monthly) and is a perfect tenant. Gated community of Shadow Hills in North Indio. This property offers a large, open living space with vaulted ceilings. The interior has tile throughout the entire home. The expansive master bedroom offers a retreat and an additional custom built walk-in closet. The backyard is an entertainer’s delight with an alumawood patio and your own private pool and spa. Enjoy your own oasis without having to worry about a high maintenance yard. This property offers a 3 car garage. This could be your retirement home. Gated, newer homes, nice neighborhood, close to shopping and a renter will pay your mortgage until you need the house for yourself! The association does not allow for short term rentals (under 30 days)

3268 East Gage Avenue

Price: $399,000
Units Total: 1
Lot Size: 4,842
Living Area: 916
Year Built: 1925
Parking: 0
Days on Market: 1
Description: What a great opportunity to own a single family house on a commercial zoning property. Property is currently used as an office building, zoning for the city is HPCG*. Long time chiropractic office use. Building has 7 parking spaces. Also storage shed in rear of building. Alley access for easy entry and exit. Great visibility for business on this busy street. Signage, wide lot, nice curb appeal. Building is located in the rear portion of the property. Existing building is a single family residence, turned into a medical office for Chiropractic use. Three rooms to be used as offices / examination rooms. One bathroom, good size storage / extra room in rear.

Los Angeles, 517 North HOOVER Street

Price: $2,175,000
Units Total: 1
Lot Size: 7,499
Living Area: 1,093
Year Built: 1910
Parking: Yes
Days on Market: 37
Description: DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15,000 Sq. Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining and Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!

Orange, 283 North Batavia Street

Price: $499,000
Units Total: 1
Lot Size: 4,750
Living Area: 720
Year Built: 1949
Parking: 3
Days on Market: 172
Description: This charming mid century home is located within the historic “Old Towne Orange District” just a few blocks from Chapman University and Orange Circle Plaza. The classic well maintained interior features wood floors and knotty pine cabinets. Plumbing and electrical systems have been upgraded or replaced. The spacious rear yard is perfect for play and entertaining. There are mature citrus trees and hardwood trees which afford shade to the expansive yard. Sitting on a spacious approx. 4,750 sq.ft lot there is plenty of potential for expansion or for the possible addition of an ancillary dwelling unit.

Venice, 523 ROSE Avenue

Price: $3,900,000
Units Total: 1
Lot Size: 3,139
Living Area: 1,224
Year Built: 1956
Parking: Yes
Days on Market: 108
Description: Leased Investment Opportunity on iconic Rose Avenue in Venice. Restaurant building with strong tenant in place. Excellent rental income with 3% yearly increases throughout the lease term. Patio Dining. Tenant has Type 41 Beer and Wine License. Rose Avenue is now the Restaurant Row of Venice with names such as Rose Cafe, Venice Ale House, Venice Beach Wines, Makani, Butcher’s Daughter (coming soon), American Beauty (coming soon), Jeni’s Splendid Ice Cream, Wallflower, Flake, Cafe Gratitude, Groundwork Coffee Co., La Isla Bonita (food truck), Banh Mi. Joining this list is the current tenant at 523 Rose Avenue, Bluestone Lane Cafe!

Compton, 1633 East Compton Boulevard

Price: $335,000
Units Total: 1
Lot Size: 4,898
Living Area: 1,376
Year Built: 1949
Parking: 0
Days on Market: 174
Description: Know one can buy a home in this community for less. This is a great opportunity to invest in a property that you can live in and work in for less then what it will cost to buy a home in the same community. It has several rooms, 2 baths kitchen big lot. Lots of parking central air and heat. There are no 3 beds 2 baths for sale in Compton for less. With a vision. And this Sqft, Price and Zoning this is a good opportunity there is nothing more affordable for a family, single person, self employed or investor. Make your offers now.

Los Angeles, 1110 South HOBART

Price: $1,400,000
Units Total: 1
Lot Size: 6,213
Living Area: 876
Year Built: 1895
Parking: 0
Days on Market: 5
Description: Developer’s rare opportunity! Three vacant residential properties (1100,1106,1110 S Hobart Blvd. Sold 3 lots together at Total $4.2M). Total lot size of the three lots is 18,630 sq.ft in Koreatown prime location. Buyer to verify property measurements. TOC determination letter of apartment building of total 39 units was already issued and we are expecting building RTI by the end of February, 2019. The apartment building can be converted to condominium building during the construction. The unit mix of the building is: 21 units of 2 bedrooms, 18 units of 3 bedrooms. This is really a developer’s rare opportunity to build a fancy apartment or condominium building in the heart of fast growing Koreatown area. Listing agent has an ownership interest in this property.

Studio City, 4240 Fulton Avenue

Price: $429,000
Units Total: 1
Lot Size: 61,195
Living Area: 43,000
Year Built: 1962
Parking: 1
Days on Market: 2
Description: DESCRIPTION Fabulous, beautifully fully remodeled studio City Contemporary 1 bedroom, 1 bath, 1st level condo! Central air conditioning and forced air heating. Living room w / fireplace recessed lighting, dining area and sliding glass doors to private inviting patio for entertaining. Breakfast bar, lots of cabinet and counter space. Beautiful backsplash and Ceasar stone kitchen counters and bar. Newer appliances. Hardwood floors throughout! The open floor plan allows for many possibilities. Plenty of closets including 2 double closets. Oversized master bedroom with walk-in closet, new ceiling fan and large picture window w / view of lush greenery. Gated, security complex with resort-like pool area, 2 tennis courts. The only unit in the building with washer and dryer inside the unit! Wonderful surroundings with abundant greenery, flowers and plants. HOA pays for basic cable AND EARTHQUAKE INSURANCE. . Walking score is 86 with nearby Ventura Blvd, health food markets, trendy restaurants and shops. Dixie Canyon, Campbell Hall and Harvard-Westlake are among the excellent schools in the area. You must see it to believe it! There is a tenant on property with active lease expiring 6/30/2020. Tenant pays $2300 monthly rent!

330 West Citrus Edge Street

Price: $575,000
Units Total: 1
Lot Size: 8,214
Living Area: 1,487
Year Built: 1959
Parking: 2
Days on Market: 127
Description: PRICE JUST REDUCED! This charming home is an Operating Residential Care Facility for the Elderly (RCFE). This is an income producing property. The business is not for sale. There is a current 3 year long-term lease for $3500 / month. The home is located on a quiet cul-de-sac and does have solar panels. Tenants are responsible for all utilities including solar as well as all maintenance of the property excluding mechanical equipment replacement, roof and foundation.

Sun Valley, 11145 Strathern Street

Price: $500,000
Units Total: 1
Lot Size: 10,960
Living Area: 1,057
Year Built: 1924
Parking: 2
Days on Market: 41
Description: EXCELLENT OPPORTUNITY FOR BUILDERS AND INVESTORS to capitalize on the building of potential units in a residential neighborhood! MUST BE SOLD WITH 8016 Fair Ave, Sun Valley – listed at $650,000. (22,376 Sq. Ft) located behind this property. Properties are back to back and have access from two different streets, Strathern and Fair. TOTAL PRICE FOR BOTH PROPERTIES TO BE $1,150,000. Located near parks, schools, and shopping. Family oriented community. A nearby huge reclamation park project is being developed by the city of Los Angeles, called the Strathern Wetlands Park Project and the parks name will be called “Rorie Shaw Wetland Park”. The proposed project will include recreational trails, basketball courts, tennis courts, tot lot, amphitheater, and picnic tables. The purpose of this project is to convert 46 acres of invert landfill into a multi-purpose wetlands park which will handle flood risk management, water quality improvements and groundwater recharge. Overall, the project will provide an additional 15 acres of open space and recreational areas to a community. BUYER NEEDS TO INVESTIGATE FOR THEMSELVES.

Long Beach, 1160 Locust Avenue

Price: $775,000
Units Total: 1
Lot Size: 4,896
Living Area: 1,850
Year Built: 1910
Parking: 8
Days on Market: 255
Description: DEVELOPERS AND INVESTORS! Do not miss this opportunity to acquire the perfect CORNER LOT featuring ZERO SETBACKS and the ability to build a MUTLI-STORY, MULTI-FAMILY OR COMMERCIAL / OFFICE USE BUILDING UP TO 150 FT IN HEIGHT. This area is adjacent to Pine St. And has a number of EXCELLENT CONSUMER MEDICAL AND RETAIL ANCHORS in the immediate area. HEAVY CONSUMER DEMAND IN THIS AREA FOR HOUSING makes this the perfect lot to develop. LOT IS ZONED PD30 and is close walking distance to the Blue Line and Downtown Long Beach. Current property on the lot is a single family residence featuring 5 bedrooms and a loft space WITH AN ENORMOUS AREA FOR PARKING – 8 SPACES POSSIBLE. Owners originally purchased to develop themselves and had received preliminary approvals for developing the lot.