Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Corona, 512 South Belle Avenue

Price: $559,000
Units Total: 3
Lot Size: 7,405
Living Area: 1,904
Year Built: 1890
Parking: 2
Days on Market: 251
Description: Back on the Market with NEW Paint and Landscaping, Great Opportunity! 3 units with a separate two car garage, located in the heart of Corona. Great location, walking distance to the Metro Link, market, library, local restaurants, Corona hospital, and schools. One studio unit with bathroom and kitchen. A one bathroom one bath with a big backyard. Upstairs is a 2 bedroom one bathroom unit, All units have new paint, new counter tops and new fixtures. Must See!

Los Angeles, 163 North EDGEWARE Road

Price: $1,075,000
Units Total: 5
Lot Size: 4,778
Living Area: 3,386
Year Built: 1890
Parking: Yes
Days on Market: 34
Description: We are pleased to present the opportunity to acquire 163 North Edgeware Road, a five-unit apartment community. The property is located approximately 1.3 miles from Dodger Stadium and approximately 1.5 miles from Downtown Los Angeles which are both rapidly gentrifying submarkets. The building is two-story construction, consisting of four large one-bedroom / one-bathroom units and one two-bedroom / one-bathroom house. Welllocated in a dense neighborhood, the property offers the opportunity to increase rents and substantially raise revenue. The property gives tenantseasy access to the entertainment venues and employment centers of Downtown Los Angeles. Due to its 1890/1904 construction, the property issubject to Los Angeles rent control statutes. The subject property allows an investor to acquire a value-add asset in an in-fill location near the sought-after submarkets of Echo Park, Elysian Park and Downtown Los Angeles.

Los Angeles, 2221 Wall Street

Price: $1,100,000
Units Total: 6
Lot Size: 9,034
Living Area: 3,187
Year Built: 1890
Parking: 0
Days on Market: 68
Description: Burts and Associates are Proud to Present These Beautifully Renovated 6 Unit Buildings as Part of a 22 Unit Portfolio. The Contiguous 16 Unit Building is Available for Purchase for a Combined 22 Unit Income Property. There is a Huge 56% Upside in Current Rents in a High Demand Rental Market. Recent 2016 Exterior / Interior Major Renovations. There is One 2 Bed / 1 Bath House with a New Roof, New Windows, New Stucco and New Paint. Inside there is a New Kitchen with Oak Cabinets, Granite Counter Tops, New Tile Flooring, New Bathroom, New Fixtures, Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. The House is Separately Metered for Gas, Electric and Water. There is a Second 1 Bed / 1 Bath House also with a New Roof, New Windows, New Exterior Stucco and New Exterior Paint. It has a Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. This House is Separately Metered for Gas, Electrical and Water. There are Four 1 Bed / 1 Bath Apartment Units in the Front of Property. They have New Windows, New Stucco and New Exterior Paint. Each of the Four Units has a Washer / Dryer Hook-up. One of the Four Units is Completely Renovated with Oak Cabinets, Granite Counter Tops, New Bathroom, New Tile Flooring and Fixtures Throughout. Each of the Four Apartment Units is Separately Metered for Gas and Electricity. There is New Concrete Covering the Entire Open Space of the Lot for Additional On Site Parking and Very Low Maintenance Cost.

Pasadena, 1279 North GARFIELD Avenue

Price: $1,725,000
Units Total: 3
Lot Size: 19,793
Living Area: 5,780
Year Built: 1890
Days on Market: 97
Description: Amazing opportunity to acquire a completely remodeled Victorian historic multi-family property. Building consists of (1) 5 bedroom 3 bathroom, (1) 3 bedroom 2.5 bathroom, (1) 3 bedroom 2 bathroom. All units are currently occupied by long term tenants on a month to month basis. This is a Non-Rent Controlled Triplex. Each unit comes with central heating and air, fireplace, private 2 car garage, and separate tank less water heater. Situated in the Exclusive Historic Garfield Heights district of Pasadena, this asset provides savvy investors the chance to own an incredible 5,780 square foot building for under $300 a Sq. Ft. On top of acquiring close to 20,000 sq.ft of land.

Los Angeles, 1503 MENLO Avenue

Price: $1,830,000
Units Total: 11
Lot Size: 14,600
Living Area: 5,563
Year Built: 1890
Parking: Yes
Days on Market: 115
Description: Rare huge lot in Mid-Wilshire are. 14,600 sq! 14,600 sq! 14,600 sq! This property is an R1.5 zoned lot that is in a Tier 3 TOC area. Excellent development opportunity in a extremely high demand multi-family rental market. The subject property is located between DTLA and mid-wilshire / Korea town. Conveniently located close to freeways (10 and 110), Hollywood, Dodger stadium, Staples Center, Nokia theater and much more. Seller upgraded 100% electric, 95% plumbing, parking space with permit recently. All units have gone through remodeling. Heater / air-conditioner by electricity is installed in every unit. Electricity is individually metered. 4% rental increase every year. Buyer and buyer’s agent are responsible for their own due diligence to verify all information and finds regarding subject property.

Long Beach, 1612 East 7th Street

Price: $820,000
Units Total: 2
Lot Size: 6,732
Living Area: 3,022
Year Built: 1895
Parking: 7
Days on Market: 170
Description: Commercial / Residential! This is an Investors Dream! Two Houses On One Large Lot! Front Home has newer roof; newer raised foundation; all copper plumbing, updated wiring, refinished interior woodwork; remodeled kitchen and remodeled 2 and 3/4 baths. The second floor has three bedrooms; modern mirrored closets; high ceilings and large windows. The third level is an attic / loft space. The 10 Year Old rear unit has 2 bedrooms; 2 full baths and a large sundeck! There are 2-2 car garages; 4 garage spaces.

Los Angeles, 943 East 52nd

Price: $400,000
Units Total: 2
Lot Size: 4,400
Living Area: 1,473
Year Built: 1895
Parking: 0
Days on Market: 81
Description: Two houses on one lot. Front house is two bedroom with one bath and the second in the rear is one bedroom one bath.

San Pedro, 547 West 17th Street

Price: $600,000
Units Total: 3
Lot Size: 5,000
Living Area: 2,351
Year Built: 1895
Parking: 1
Days on Market: 1
Description: A Classic California style bungalow triplex circa 1985 featuring 2 1-bedroom units plus a detached 2-bedroom house. Detached 1 car garage, Separate meters, and a Large rear yard. Charming Architectural detailing including built ins and decorative faux fireplaces. Set only minutes from beaches, quaint shops and restaurants plus the freeway. Tucked away in San Pedro which is currently in the process of being revitalized. Truly an incredible investment opportunity in an up and coming city!

Los Angeles, 1245 East 47th Street

Price: $340,000
Units Total: 2
Lot Size: 6,929
Living Area: 1,658
Year Built: 1895
Parking: Yes
Days on Market: 35
Description: GREAT INCOME PROPERTY. Live in one and rent the other two units. LOCATION! Close to shopping areas and few miles fromdowntown LA The duplex in the front is 3 bedroom, one bath and the rear unit is being used as a 2 bedrooms, one bathroom, property profile shows 2 units 2 bed 1 bedroom rear 1 bed 1 bath, buyers and selling agent to verify information. Please do not contact tenants. They won’t let you in.

1017 South KENMORE Avenue

Price: $1,350,000
Units Total: 2
Lot Size: 5,906
Living Area: 2,068
Year Built: 1895
Parking: Yes
Days on Market: 5
Description: Location! Location! Location! R-4 Zoning. Tier 3. Great Investment Property in the Heart of Korea Town. Property is being Sold “AS-IS” Condition. Do Not Disturb Tenants. Drive by Only.

Los Angeles, 2619 Trinity Street

Price: $675,000
Units Total: 2
Lot Size: 2,500
Living Area: 2,028
Year Built: 1896
Parking: No
Days on Market: 272
Description: $50,000 PRICE REDUCTION – $50,000 PRICE REDUCTION – $50,000 PRICE REDUCTION – $50,000 PRICE REDUCTION. THIS IS A AWESOME OPPORTUNITY TO OWN A PERFECT INVESTMENT PROPERTY TOTALLY REMODELED – 1MILE AWAY FROM USC and LESS THAN 3MILES AWAY FROM DOWNTOWN. SEE THE BEFORE AND AFTER PICTURES. THE PROPERTY CONSIST OF (1) 3BEDROOM 3BATH and (1) 1BEDROOM 1BATH- (TENANT OCCUPIED / $572MO (RENT CONTROL). THERE ARE MULTIPLE WAYS TO RENT THIS PROPERTY FOR ULTIMATE RETURN – AIRBNB – STUDENT RENTAL – TRANSITIONAL HOUSING – DOMESTIC VIOLENCE CENTER – HOMELESS CENTER SO MAY OPTIONS. DON’T MISS OUT ON THE OPPORTUNITY and CHEERS TO YOUR SUCCESS

3408 North Figueroa Street

Price: $1,100,000
Units Total: 4
Lot Size: 4,926
Living Area: 1
Year Built: 1896
Parking: 12
Days on Market: 411
Description: HUGE PRICE REDUCTION! Great opportunity! Rare huge large four plex unit, Huge lot with an additional parcel included, check with city for additonal informartion. Property can be used as residential income or mixed commerical and residential. Minutes from L. A Live and other cities, close to fwys.

Whittier, 7631 MILTON Avenue

Price: $1,150,000
Units Total: 4
Lot Size: 7,001
Living Area: 4,101
Year Built: 1897
Parking: Yes
Days on Market: 89
Description: Don’t miss this value add opportunity. Property is zoned R4 and sits on an under-utilized lot located in the City of Whittier. Property is minutes to downtown Whittier and the Civic Center, parks, schools, shopping and the proposed Gold Line station. Three of the units have been updated and remodeled with new flooring, kitchens and bathrooms. Currently generating $73,404 a year in gross income, the property includes owned laundry facilities which generate an additional $150 to $200 per month. Please contact Mike or Molly for more details. PLEASE DO NOT DISTURB TENANTS. Broker does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Redlands, 1001 Orange Street

Price: $390,000
Units Total: 1
Lot Size: 6,682
Living Area: 1,863
Year Built: 1898
Parking: 2
Days on Market: 77
Description: Awesome location, Great property remodeled ready to move in, the first unit can be used for a law office, insurance, real estate or any retail business and the second unit can be used as a residence also large back area can be used as a parking lot great traffic for clients to walk in.

Long Beach, 1125 East 17th Street

Price: $650,000
Units Total: 3
Lot Size: 3,199
Living Area: 2,288
Year Built: 1899
Parking: 6
Days on Market: 41
Description: INVESTMENT OPPORTUNITY! 3 units with great long term tenants or OWN A TRIPLEX live in one and rent out the other 2 units. Desirable area and no Rent control. Bottom Unit 2 BR and 1 BA, Top Floor Right Unit has 1 BR and 1 BA, and Top Floor Left Unit has 1 BR plus Den and 1 BA. Excellent location nearby Restaurants, Shopping Center, Schools, Parks, Hospital, Aquarium of the Pacific, Supermarkets, Public Transportation and easy access to Pacific Coast Highway. Year built in the property profile shows 1899, Effective year built is 1950. The lot size is 3199 sq / ft per Assessor. Property to be sold As Is Condition. Square footage not taped, buyer to verify.

218 North Riley Street

Price: $609,000
Units Total: 3
Lot Size: 7,405
Living Area: 2,000
Year Built: 1900
Parking: 11
Days on Market: 47
Description: Charming triplex built in 1900, located in the Historical District of Lake Elsinore. Upstairs owner unit recently upgraded kitchen and bath. Beautiful redwood post staircase, crown molding, and beauty of the 1900’s still present. Upstairs unit has large deck with view of the mountains, canal, and downtown Main Street Historical District. Couple of blocks to the lake, watch fireworks from your balcony on 4th of July. Large oversized lot with land survey recorded. Lake Elsinore has been known for warm climate, blue skies, clean air, world-famous thermal winds for aerial sports and our crowning jewel; a 3,330 acre recreational lake for exciting water sports. All of this set against the spectacular Ortega Mountains and the Cleveland National Forest, providing opportunities for hiking, biking, bird watching or just plain relaxing in the beauty that abounds in this outdoor recreation destination. Live in one unit, lease one unit, and use one unit for your own business at this C1 zoned location. Lot’s of parking and fencing to surround the entire property. Close to Diamond Baseball Stadium, Summerly Golf Course, Lake Elsinore Motorsport Park, Southern California’s premier Skydive Elsinore, and Temecula Wine Country.

349 North Chicago Street

Price: $640,000
Units Total: 0
Lot Size: 6,090
Living Area: 1,754
Year Built: 1900
Parking: 0
Days on Market: 133
Description: BACK ON THE MARKET! ATTENTION BUYERS YOU ARE GOING TO LOVE THIS 3 UNITS IF YOU ARE THE CHOSEN ONE TO OWN THIS PRIDE OF OWNERSHIP PROPERTY ARE IN EXCELLENT CONDITION GREAT FOR A BIG FAMILY OR FOR RENTAL INCOME PURPOSES PLEASE SEND IN YOUR BEST OFFER PROPERTY WONT LAST

Los Angeles, 1037 Alpine Street

Price: $1,175,000
Units Total: 3
Lot Size: 7,434
Living Area: 3,024
Year Built: 1900
Parking: 4
Days on Market: 362
Description: Biggest Unit currently vacant 3bed / 2bath at close of escrow. Beautiful three units, located in the picturesque City of Los Angeles. Plenty of space in both backyard and front yard. Ready for any occasion. One unit to be delivered vacant at the close of escrow. Please make an appointment with Carlos Cobian for viewing instructions. Drive by only, please make an appointment to view property. Currently considering all Offers. It is only a 5 minute drive to the iconic Dodger Stadium, and a mere 10 minutes away from the heart of Downtown Los Angeles. Call for any further questions.

Los Angeles, 435 North Lake Street

Price: $790,000
Units Total: 2
Lot Size: 6,001
Living Area: 2,328
Year Built: 1901
Parking: 3
Days on Market: 279
Description: BACK ON THE MARKET WITH A HUGE PRICE REDUCTION FOR A QUICK SALE, PERFECT FOR INVESTORS! Attention CASH / HARDMONEY buyers DUPLEX DUPLEX DUPLEX! Excellent income property in Echo Park. Plenty of upside potential and views of downtown Los Angeles from 2nd story unit terrace balcony. Close to all that Los Angeles has to offer. Don’t miss this rare opportunity to own in a prime location adjacent to Silver Lake / Echo Park in the unique and desired neighborhood known as Historic Filipinotown. This up-and-coming location is a quiet and sleepy pocket of the city, and it is ideal for owners occupying the property or tenants because it is near the 101-freeway, seconds from Silver Lake and Echo Park Lake, and only a few minutes from Hollywood, Korea Town, Staples Center and Downtown LA! This well kept traditional two story duplex has 4 bedrooms and 2 and 1/2 bathrooms upstairs and 3 bedrooms 1 and 1/2 bathrooms downstairs. A fantastic open floor plan with over 2000 sq.ft living space, a backyard for entertaining, beautifully landscaped gated front yard with plenty of street parking in front and a detached carport in the back. With some TLC this duplex has the potential to be transformed into anyone’s dream property! Live in one and rent the other! Currently being used as an SFR, property will be delivered vacant.

Los Angeles, 905 East Vernon Avenue

Price: $375,000
Units Total: 2
Lot Size: 5,146
Living Area: 1,358
Year Built: 1901
Parking: 2
Days on Market: 49
Description: Great Income opportunity to own a duplex home in the Los Angeles Area! First unit has two bedrooms and one bath. The other unit has one bedroom and one bathroom. It is centrally located south of Downtown Los Angeles. The property will be delivered vacant and sold As-Is!

1330 South Catalina Street

Price: $1,055,000
Units Total: 5
Lot Size: 6,805
Living Area: 4,602
Year Built: 1901
Parking: 2
Days on Market: 153
Description: BACK ON THE MARKET! Price Reduced! Great Opportunity to own / invest in a 5 unit apartments in Los Angeles. Minutes away from the 10,110,101 freeways, Downtown LA, Staples Center, USC Campus, Convention Center and the Dodger Stadium to name a few. Two buildings on the lot, front building (4 units apprx 3506 sq.ft built in 1913 per assessor) back building (1 unit apprx 1096 sq.ft built in 1901 per assessor) each unit have separate electric and gas meters. Each unit features 2 bedrooms and 1 bath, well maintained new windows, new exterior paint, fully occupied. Walking distance to shopping, schools, public transportation and restaurants.

San Pedro, 740 5th Street

Price: $699,900
Units Total: 3
Lot Size: 5,002
Living Area: 2,336
Year Built: 1902
Parking: 3
Days on Market: 42
Description: FANTASTIC INVESTMENT OPPORTUNITY–BACK 2 BEDROOM UNIT IS NON RENT CONTROL–FRONT HOUSE OFFERS 2 GOOD SIZE BEDROOMS–KITCHEN HAS BEEN UPGRADED–FRONT HOUSE HAS CENTRAL AIR AND HEATING—FRONT HOUSE IS 2 LEVELS WITH BEDROOMS IN SECOND FLOOR—NEWER TANKLESS WATER HEATERS–1 BEDROOM UNIT BEHIND FRONT HOUSE AND BACK 2 BEDROOM WAS BUILT AROUND 1988 WITH CENTRAL HEATING– ABOVE 3 CAR GARAGES–

Los Angeles, 1622 MORTON Avenue

Price: $2,400,000
Units Total: 6
Lot Size: 28,933
Living Area: 3,436
Year Built: 1902
Parking: 6
Days on Market: 6
Description: 1622 Morton Avenue is charming courtyard style offering that consists of six units, situation on a large 29,000 square foot lot and contains four separate buildings. With a total of 15 on-site parking spaces, the property holds a desirable unit mix of (1) single unit, two (2) one-bedroom / one-bathroom units, two (2) one-bedroom / one-bathroom bungalow units, and one (1) three-bedroom / two-bathroom two story craftsman house located in the back of the lot. This unique offering is currently zoned RD1.5, permitting any developer or investor the opportunity create value through renovations with the ability to potentially build, 5 duplexes by a lot split with a variance.

Los Angeles, 922 East 46TH Street

Price: $699,950
Units Total: 4
Lot Size: 8,360
Living Area: 4,001
Year Built: 1902
Parking: Yes
Days on Market: 47
Description: Excellent opportunity for owner / user or investor with a 5 bed / 2 bath SFR and 3 units. Live in house and collect rental income. For investor, significant upside in SFR rental income. Ample parking, individual water heaters. Same ownership for over 30 years. Quiet street. Walk to schools