Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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20000 Laguna Canyon Road

Price: $849,000
Units Total: 4
Lot Size: 10,890
Living Area: 8,601
Year Built: 2020
Parking: 8
Description: Excellent Development Opportunity, to purchase land with approved plans for 4 units Artist Live / Work Building with community Garage Located on Laguna Canyon Road on a quarter acre sloping lot, designed for 4 units, Artist Live / Work that features stucco, metal siding, natural stone, wood elements, landscape walls and a green roof. These artists / live work lofts will be of a contemporary design that includes sufficient indoor and outdoor living spaces decorated with a modern open work floor plan and separate living spaces which maximizes the scenic hillside views along with outdoor balconies. There will be ample parking which includes 6 car garage and 2 stalls dedicated to motorcycles. This project has been approved by the city of Laguna Beach Design Review Board and permits have been issued. Ideally located off of Laguna Canyon Road for great exposure. Building design highly unique and state of the art. Call agent with any question.

Costa Mesa, 2068 Maple Avenue

Price: $3,375,000
Units Total: 4
Lot Size: 2,635
Living Area: 5,928
Year Built: 2018
Parking: 2
Days on Market: 26
Description: Introducing the perfect 1031 exchange opportunity. 4 brand new homes in the heart of Costa Mesa. Great potential for investors. These homes are designed with desirable features including the California open-concept great room, 9-foot ceilings and over-sized windows. The Hi-Gloss modern kitchen is filled with black stainless steel Samsung appliances and top of the line finishes from the waterfall island to the quartz countertops. The homes are equipped with central vacuum system. The large rooftop deck has unobstructed views of the thrilling city. Onsite five guest parkings. These single-family detached homes are in the center of all the action, a short walk away from the restaurants and shops in Triangle Square and minutes away from the Newport Beach Coastline, major freeways and John Wayne Airport.

Los Angeles, 1325 West 37th Place

Price: $2,499,900
Units Total: 3
Lot Size: 7,000
Living Area: 5,400
Year Built: 2018
Parking: 6
Days on Market: 26
Description: BACK ON THE MARKET! Newly constructed USC student housing development. New construction of 3 detached houses that each offer 6 beds and 3 1/2 baths for student rentals. Each of the 18 beds is projected to lease for a conservative $950 per month, totaling a phenomenal $205,200 projected yearly Gross Income, which after deducting a realistic 30% for expenses, gives you a NOI of $143,640 and a 5.7% cap rate for a newly built project. The units are separately metered for gas and electricity, and tenants are typically responsible for paying all utility expenses. These 3 two-story houses feature top-of-the line amenities for students. Bedrooms have adjacent bathrooms, which is an especially attractive feature for student tenants. All units have a common living area, a shared kitchen and in-unit laundry facility. Additionally, each unit has its own HVAC, and there are six total parking spaces on the property. The property is less than a quarter-mile from USC, within the USC Department of Public Safety (DPS) Patrol and Response Area.

Hemet, 1265 Olive Tree Lane

Price: $549,999
Units Total: 4
Lot Size: 6,943
Living Area: 6,943
Year Built: 2018
Parking: 4
Days on Market: 152
Description: Coming Soon! New Construction, Three of the Four Units in process of being rebuilt from ground up. The complex will consists of 4 Units, 8 bedrooms and 4 full baths, All unit are 2 Bedroom 1 Bathroom and a laundry room. Onsite parking stalls for all units.

1206 South MARIPOSA Avenue

Price: $2,399,000
Units Total: 10
Lot Size: 11,806
Living Area: 8,128
Year Built: 2018
Parking: Yes
Days on Market: 32
Description: Reduced for a Quick Sale. Motivated Seller! Great Development Opportunity in Korea Town. Double Lot! Zoned R3-1, Transit Priority Area Build 10 units (approved plans) or build 22 units. RTI for 10 Units. 3 Front Units out of 10 are built and finished (3×2- 1,291 sq. F, 1×1 – 751 sq feet, 1×1 – 670 sq. Feet). Excellent location close to Metro Red and Purple Line, Shopping Malls, Restaurants, and Entertainment. Multiple New Developments nearby. Plans are available upon request. Price and Lot size for 2 properties: 1206 S. Mariposa and 1208 S. Mariposa

Los Angeles, 5322 Lincoln

Price: $1,399,000
Units Total: 2
Lot Size: 5,386
Living Area: 2,602
Year Built: 2018
Parking: Yes
Days on Market: 18
Description: Experience NELA living at its finest with this newly remodeled Duplex in the heart of Highland Park! One block from trendy York Blvd. Minutes to DTLA. Framed within a stylish wooden fenced yard. Walk through the Double solid wood doors into your open concept Living area, Dining area and your amazing Kitchen, Downstairs you have a bedroom and 3/4 bathroom. Walk up the lighted stairs to 3 bedrooms and 2 full baths. Step out to your balcony from the Master bedroom. This one-of-a-kind property is newly remodeled with new electrical, plumbing, AC and tankless water heater. A beautiful home to entertain your family and friends. Enjoy the balcony off the front upstairs bedroom. Come and see the new modern kitchen with a great work Island, beautiful tile flooring, all new stainless steel appliances. Amazing lighting through out the whole house. The newly remodeled Unit consist of 1 bedroom one bath. New appliances, tile floor. Can be used as income property or a Mother in -laws own private unit.

1146 South NEW HAMPSHIRE Avenue

Price: $1,549,000
Units Total: 2
Lot Size: 6,592
Living Area: 3,207
Year Built: 2018
Parking: 0
Days on Market: 11
Description: Beautiful duplex in the heart of Korea town, Brand new building back house is 5 bedrooms and 6 bathrooms and remodeled front house is 3 bedrooms and 2 bathrooms. Prime location behind Hannam Market on Olympic and Vermont, Close to transportation, banks, markets, restaurants. New back house with beautiful wood flooring through out, Large master suite with walk-in closet. Each room with huge master bedroom like bathroom, Central AC / Heating system, Kitchen with quartz counter top, glass back splash, and white shaker cabinets, stainless refrigerator, oven, washer and dryer. Back house installed fire sprinkler system. Remodeled front house is AC / Heating system, wood flooring through out, dual windows, newly kitchen cabinets, granite counter top, refrigerator, washer and dryer. Two separate parking gates for each house and a lot of parking spaces. Don’t miss out this beautiful new duplex home!

Los Angeles, 2910 12th Avenue

Price: $2,495,000
Units Total: 4
Lot Size: 6,746
Living Area: 6,000
Year Built: 2018
Parking: 8
Days on Market: 42
Description: 2910 12th Ave is located in one of the most sought after locations in the city, Jefferson Park. This 3 Story New Construction 4 Unit Townhouse Style apartment building is conveniently located to the Expo Blue line station (Crenshaw / Exposition) which offers easy access to Santa Monica, Downtown LA and the newly opened $700 Million USC Village that offers dozens of restaurants, a movie theatre, Trader Joe’s and Target. Three units offer 3 bedrooms, 2.5 bathrooms and 1500 sq. Ft. Of living space. The fourth unit is handicap accessible with elevator access to the first floor, 3 bedrooms, 2 full bathrooms and 1 3/4 bathroom. All units have Custom Kitchens, Premium Wood Laminate Flooring, Custom Tile Bathrooms, Laundry Room and up to 4 dedicated parking spots for each unit (Depends on size of vehicle). All four units are separately metered for gas, electric and water. The units are not subject to rent control giving you the freedom, profit, and peace of mind to park your money in a hassle free investment and growing community.

San Pedro, 732 South Leland Street

Price: $2,295,000
Units Total: 4
Lot Size: 6,756
Living Area: 6,000
Year Built: 2018
Parking: 8
Days on Market: 47
Description: 732 S. Leland St. Is a 2018 New Construction ultra-modern townhouse style fourplex made up of two duplexes on one lot. The front duplex consist of two 4 bedroom, 3 full bathroom units with one bedroom / bathroom on the main level. The rear duplex consist of two 3 bedroom, 2.5 bathroom units with all bedrooms on the upper level and two of the three bedrooms offer a private balcony. All units are outfitted with a laundry room on the second level, custom ceramic tile, upgraded wood laminate flooring, custom kitchen cabinets and custom paint throughout. There are 4 one car garages attached to the rear building, one for each unit, along with an extra space in front of each garage totaling 2 parking spots per unit. These units are conveniently located to the 110 freeway, Old San Pedro, Downtown San Pedro, Terminal Island, San Pedro Port, and Ports O’Call Village which is under going a $150 Million Dollar Renovation and slated to be complete in 2020.

Newport Beach, 924 East Oceanfront

Price: $5,890,000
Units Total: 1
Lot Size: 2,185
Living Area: 2,407
Year Built: 2018
Parking: 2
Days on Market: 45
Description: **This property is a Short Term Rental Approved and Permitted and currently generating $1500 to $2500 PER NIGHT of income in all months of the year. Lots of dates already booked for the whole year** Amazing income generating investment Perfect for part time owner use / short term rental investment. Showcasing a prime Brand New construction by award-winning and well known Builder SC Custom Homes and Architect Ian Harrison. This ultra modern and luxury beachfront masterpiece offers panoramic water and coast line view from nearly every room. Contemporary and chic open floor plan to include every modern convenience desirable to give you an ultimate 5 star resort home feeling throughout. 3 bedrooms plus a loft, 4.5 baths, (every room including the loft has its own full bath and balcony access with view) over-sized 2 car attached garage and blocked alleyway that allows 2 extra car parking outside (this is a great future in Newport Beach), ample storage space and slide-away glass doors creates an unobstructed view from both living room and 2nd level master bedroom. 3rd floor entertainment loft connects you to a large size rooftop with Wolf BBQ set up, seating area for day and night entertainment with breathtaking white water, harbor, Newport bay, famed surf spot The Wedge, Catalina Island, city skyline and stunning sunset views. This remarkable beachfront estate has it all. You Have both Beautiful Ocean view and Fantastic Bay View in this house. One of a kind.

Inglewood, 4618 West 104th St.

Price: $1,198,000
Units Total: 2
Lot Size: 5,897
Living Area: 3,714
Year Built: 2018
Parking: 3
Days on Market: 6
Description: BRAND NEW CONSTRUCTION – RARE Multi-Family opportunity approximately a mile from RAMS / CHARGERS Stadium! This is an investor’s dream! This ultra-modern, contemporary Duplex is ready for move in or rental. This hard to come by duplex has a high CAP RATE potential. The building is 3714 sq.ft. Total, each unit is 1857 sq.ft. These side-by-side units have two levels, 5 bedrooms each and 3.5 baths. Stylish interiors include, contemporary laminate flooring, custom modern kitchen cabinets with beautiful countertops, stainless steel appliances, and laundry room ready with hook ups. Enjoy LED lighting, central heating and air, large custom closets with ample space, enclosed garages, Santa Barbara stucco, and each room is pre-wired with Cat 6 Internet and HDMI cables and HD camera system for each unit. Schools close, freeways close and the NFL stadium this close makes this a rare opportunity! Investors and owner occupants welcome! Each unit has a $4K potential per month.

Lawndale, 4131 West 160th Street

Price: $1,485,000
Units Total: 2
Lot Size: 5,740
Living Area: 3,088
Year Built: 2018
Parking: 4
Days on Market: 27
Description: New construction, everything is new! New walls, new foundation, new plumbing, new electrical, new roof, never been lived in! Become the owner of something new in the city that is he heart of the Southbay. Featuring 3 beds and 2.25 baths EACH, new appliances are included! With a spectacular balcony! City light views! Purchase it for yourself or as an investment you won’t find a better deal this close to the ocean!

5729 WILLOWCREST Avenue

Price: $2,350,000
Units Total: 4
Lot Size: 7,440
Living Area: 5,913
Year Built: 2018
Parking: Yes
Days on Market: 56
Description: 5% CAP – Brand New Luxury Fourplex – Pride-of-Ownership! Opportunity to acquire a beautiful turn-key building in one of LA’s hottest rental markets. Each of the 3 bedroom, 2 bath units feature spacious, light-filled rooms with 10′ ceilings, big windows, custom-design kitchens and bathrooms with sleek residential finishes. Each unit has it’s own laundry hookups, A / C, LED lighting, and energy saving fixtures. Enjoy steady cash flow owning a building so nice, your tenants will never want to leave! Rents are projected based on review of available units in the area market. Broker and Broker’s Agents do not represent or guarantee square footage, bedroom / bathroom count, lot size or lot dimensions, permitted or un-permitted space or renovations. It is Buyer’s sole responsibility to perform investigations and satisfy themselves.

427 North HELIOTROPE Drive

Price: $2,449,000
Units Total: 4
Lot Size: 6,205
Living Area: 5,911
Year Built: 2018
Parking: Yes
Days on Market: 57
Description: Four (4) brand new turnkey residences in prime Hollywood / Korea Town. The income property consists of a mix of 2 and 3 bed + 2.5 and 3.5 bath with direct entry to private 2 car garage all with an elegant and modern townhouse design. Each home features bright and open floor plans that include contemporary kitchens for open new age living with stone countertops and ss high-end appliances. The beautiful engineered wooden floors grace the interiors of each home. The modern finishes, paint, and lots of windows welcome loads of natural light; highlighting the living spaces. Additional features include hotel-like bathrooms, central heat and air and washer / dryer hook ups in each unit. These four (4) homes were built as an income producing property with each unit individually metered for water, gas, electric, and including the communal areas. Close to trendy restaurants, shopping, the Hollywood Freeway and metro red line. Geographically situated to benefit from continued area growth and rental increases. A Must See!

Culver City, 5041 PURDUE Avenue

Price: $2,195,000
Units Total: 2
Lot Size: 9,662
Living Area: 2,450
Year Built: 2018
Parking: Yes
Days on Market: 61
Description: $10,000 bonus to selling broker. Spectacular, Two New Custom Built Homes on a huge (nearly 10,000 sq.ft lot). No expense spared. Prime Westside Location just a short bike ride to Silicon Beach, Downtown Culver City, Playa Vista and the Blue Pacific Ocean. Do Yourself and your buyer a favor and come see this incredible property. It’s Stunning! Both houses are new and vacant, ready to be occupied. Two separate addresses, each home individually metered for gas, electric and water, which reduces expenses for an investor. Click on doc file to see all of the features of each home. Was Previously listed for $300,000 more. Sellers are ready for an offer! Possibililty for a 3rd ADU (dwelling unit) $10,000 bonus to selling broker!

San Pedro, 1315 South LELAND Street

Price: $2,388,000
Units Total: 4
Lot Size: 6,266
Living Area: 5,000
Year Built: 2018
Parking: Yes
Days on Market: 74
Description: 2018 Construction** 1315 S. Leland Ave is fourplex made up of two duplexes on one lot. The front duplex consists of two 3-bedroom, 2 full bathrooms. The rear duplex consists of two 3-bedroom, 2.5-bathroom, with all bedrooms on the upper level with private balcony. With spacious floor plans, luxury home finishes, laundry hookups in each unit, custom ceramic tile, upgraded wood laminate flooring, custom kitchen cabinets and custom paint throughout. There are 4 one car garages attached to the rear building, one for each unit, along with an extra space in front of each garage totaling 2 parking spots per unit. All units separately metered for gas, electric AND water. These units are conveniently located to the 110 freeway, Old San Pedro, Downtown San Pedro, Terminal Island, San Pedro Port, and Ports O’ Call Village which is undergoing a $150 Million Dollar Renovation and slated to be complete in 2020. Construction is near completion and will be available in early May 2018.

Corona, 1247 E Street

Price: $624,900
Units Total: 2
Lot Size: 7,405
Living Area: 1,800
Year Built: 2018
Parking: Yes
Days on Market: 82
Description: New Construction! 2 units 3 bedroom 2 bath each, Air conditioned. Large carport for 5 cars. All cemented.

13972 Mesquite Avenue

Price: $295,000
Units Total: 2
Lot Size: 8,712
Living Area: 2,100
Year Built: 2018
Parking: 3
Days on Market: 95
Description: This building won’t last long. Much sought after Duplexes are in demand and this carefully built structure is perfect for the high rental demand market. Mid-town location within walking distance (three blocks) to a large shopping center. There is still time for a buyer to help select colors and certain options within the building. Call agent for details.

North Hollywood, 5548 Elmer Avenue

Price: $1,275,000
Units Total: 0
Lot Size: 6,529
Living Area: 15,261
Year Built: 2018
Parking: 9
Days on Market: 161
Description: Project is formaly approved. This project is a multi-family development package that is located in the heart of NOHO and is walking distance from the Red and Orange Metro Lines. A 15-unit development site with Permitted Plans and Utility hookups already on site. The project consists of 3 large penthouse loft style 1bed / 1.5baths, 10 1Bed / 1Bath lofts, and 2 studios lofts. The project consist of 13 loft style 1bed / 1.5 bath and 2 studios lofts. The Property utilizes SB 1818 and AB744 to build by right (15Units / 9 Parking) 2 are low income units. This project is a 15-unit multi-residential building, 3 stories over 1 story on grade garage and 1 level subterranean garage with a 35% Density Bonus and 2 units (11% of base density of 11 units) for a Very Low Income Household, using parking option AB744. Project is unique in that it is situated in the heart of North Hollywood Redevelopment area as designated by the CRA and within its jurisdiction. Project is approximately 1,000 ft from the North Hollywood subway stop, providing future residents a efficient and viable means of public transportation. Retail shops, restaurants, and grocery stores are also within same approximate distance for true pedestrian infrastructure. Project is architecturally unique not only in its clean modern loft design

1625 South New Hampshire Avenue

Price: $3,129,000
Units Total: 4
Lot Size: 6,551
Living Area: 6,386
Year Built: 2018
Parking: 9
Days on Market: 28
Description: WE ARE PROUD TO PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUADRUPLEX, BROUGHT TO YOU BY ONE OF LA’S MOST REPUTABLE BUILDERS. 3 UNITS ARE 4 BED 4 BATH EACH UNIT, 1 UNIT IS 3 BED 3.5 BATH, 2 SEPARATE BUILDINGS WITH 2 UNITS IN EACH BUILDING, BALCONY IN EACH UNIT, BUILDINGS HAVE OPEN FLOOR PLANS, MASTER BEDROOM IN ALL UNITS WITH WALK IN CLOSETS, QUARTS COUNTERTOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE GLASS BACK SPLASH THROUGHOUT EACH UNIT, CUSTOM WINDOW SHADES, STAINLESS STEEL APPLIANCES, WHITE SHAKER CUSTOM KITCHEN CABINETS, TWO- TONED INTERIOR PAINTING, CENTRAL HVAC SYSTEM IN EACH UNIT, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT EACH UNIT, LAUNDRY ROOMS IN EACH UNIT WITH MAYTAG WASHER and DRYER, TANKLESS WATER HEATERS, GREEN CERTIFIED, DROUGHT RESISTANT, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, AUTOMATIC DECORATIVE WOOD FENCE, EACH UNIT WITH 2 CAR ATTACHED GARAGE WITH CUSTOM EPOXY DECORATIVE FLOORING, PROPERTY WELL SECURED, PLENTY OF PARKING WITH DECORATIVE ROCK, INDIVIDUAL METERS FOR EACH UNIT WATER, GAS, AND ELECTRIC. 5TH ELECTRIC METER FOR EXTERIOR LIGHTING. PROPERTY WITHIN WALKING DISTANCE OF LOYOLA HIGH SCHOOL.

853 North MCCADDEN Place

Price: $3,699,000
Units Total: 4
Lot Size: 7,250
Living Area: 7,374
Year Built: 2018
Parking: Yes
Days on Market: 113
Description: All units rented. Rents shown are Actual. 5.71 CAP Building! Four (4) brand new turnkey luxury residences in premiere Hollywood / Hancock Park. Each home features 3 bedrooms + 3.5 bathrooms with direct entry private 2-car garages with an elegant and modern townhouse design. Bright and open floor plans that include contemporary kitchens with center island / breakfast bar with Caesar stone counter tops, all SS high end appliances, and balconies off the living room and kitchen areas. Beautiful engineered wood floors grace the interiors of each home. Multiple color schemes highlight living spaces. Additional features include central heat and air, washer / dryer hookups and walk-in closets. Built as an income producing property, each unit is individually metered for water, gas, electric and communal areas. Centrally located blocks away from trendy restaurants, shopping, and markets on Melrose Avenue and minutes from the Sunset Boulevard strip.

6301 South Hoover Street

Price: $799,900
Units Total: 2
Lot Size: 4,069
Living Area: 3,318
Year Built: 2018
Parking: 4
Days on Market: 68
Description: New Construction in Los Angeles. Come see this beautiful 2018 New Construction. One of a kind investment opportunity. It’s a corner lot, with one unit facing Gage Ave. And the other facing Hoover Street. One unit has 4 Bedrooms 2 baths and second Unit has 4 bedrooms 3 baths. Each with it’s own inside laundry area. Kitchens have plenty of cabinet space and range hood in both kitchens and tiled floors. Both kitchens have a spacious kitchen island. There are recessed dimmable lighting. The bedrooms are very spacious with sliding mirrored closet doors, and plenty of fresh air and sunshine coming in. There’s also plenty of linen space and wall drawers in the bedroom. Blinds on all windows. Cable and phone ready. Too much to list. Close to schools, park, shopping and transportation.

Hollywood, 620 North Serrano Avenue

Price: $2,400,000
Units Total: 4
Lot Size: 5,524
Living Area: 5,532
Year Built: 2018
Parking: 8
Days on Market: 5
Description: 620 N Serrano is a luxurious new construction fourplex that is made up of two standalone 3-story duplexes in a prime Hollywood location. This centrally located property is minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and of course all the action Hollywood has to offer. 620 N Serrano is in the final stages of construction, with completion estimated to be June 2018. This property provides investors an unbelievably high projected cap rate of 5.64%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water and electric, and extreme desirability amongst renters. Between the fantastic location and the countless benefits of buying high quality new construction, purchasing this property is a no-brainer. The property is made up of two 3 bedroom, 3 bathroom units with pro forma rents of $3,900 and $3,900, and two 3 bedroom, 2.5 bathroom units with pro forma rents of $3,550 and $3,550. These are very conservative market rents with potential to obtain even higher. There are 4 covered parking spaces and 4 partially covered parking spaces that are accessed from the back alley. Additionally, there is an area in the front of the property with room for additional parking.

Long Beach, 2425 Atlantic Avenue

Price: $699,900
Units Total: 2
Lot Size: 4,773
Living Area: 1,800
Year Built: 2018
Parking: 0
Days on Market: 11
Description: Front House is 3 Bed. 2 Bath completely Rehab, all old Walls and ceiling remove and install new insulation, New Walls And new Ceiling walls, also adding New Kitchen, New Floors, New Baths, New Closets, New Lights, New Electrical, All New Copper Plumbing, New Sewer lines, New Plywood on the walls and roof, New Shingles Roof, New Low E Double pane Windows, New front porch and new outside paint, the second Unit is 2 Bed. 1 Bath all Brand New From the ground up to the top, see it today