Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Colton, 283 East L Street

Price: $398,800
Units Total: 3
Lot Size: 7,500
Living Area: 2,000
Year Built: 1801
Parking: 5
Days on Market: 4
Description: A Triplex in heart area of City Of Colton

Pomona, 576 Texas Street

Price: $459,000
Units Total: 2
Lot Size: 7,680
Living Area: 1,764
Year Built: 1890
Parking: 2
Days on Market: 96
Description: Beautiful historic two story building in a great neighborhood of Pomona. Move in condition, 2 legal units, one on the main floor of the building and one on the second floor. Downstairs unit has 2 bedrooms, kitchen, living room, one bath and a laundry room. Upstairs unit has 2 bedrooms, one kitchen, and one bathroom. Extra large two car garage at the end of long driveway which can accommodate multiple vehicles. Excellent for investor or first time-buyer owner occupant. Call me for an appointment to preview. Agents: Please read the agent remarks section and follow its directions.

Los Angeles, 1540 West COURT Street

Price: $1,129,000
Units Total: 2
Lot Size: 4,725
Living Area: 2,957
Year Built: 1890
Parking: Yes
Days on Market: 5
Description: Fantastic duplex located on the evolving edge of Echo Park and just minutes away from Downtown. Set above the street with views of the San Gabriel’s beyond, this smartly updated property features two nearly identical units with spacious open floor plans and private gardens. Each has a large kitchen with quartz counters, loads of cabinet space, stainless appliances and peninsula, offering ample room for entertaining. Both bedrooms in each unit are graciously sized and could easily accommodate a king sized bed plus a desk and dresser. The bathrooms are modern with dual sinks and custom frameless glass enclosures. Each unit has its own internal laundry room and additional storage space. The lower unit has use of a private side garden and patio with views. The upper owner’s unit has direct access to the rear garden with numerous terraces for dining al fresco, urban gardening or enjoying an evening with friends around the fire-pit. Nearby commercial with restaurants and yoga studio are coming soon!

Los Angeles, 346 East Imperial

Price: $469,999
Units Total: 2
Lot Size: 4,959
Living Area: 2,502
Year Built: 1892
Parking: 0
Days on Market: 39
Description: Beautiful Rental Property Opportunity! Live in one and rent out the other one! Will not last! Bring your buyers!

135 South Evergreen Avenue

Price: $789,900
Units Total: 2
Lot Size: 5,200
Living Area: 2,186
Year Built: 1892
Parking: 2
Days on Market: 21
Description: Beautiful two unit property located in high demand area of Boyle Heights, couple miles from L. A. Arts District, close to the historic El Mercadito Mariachi Plaza, minutes from Downtown L. A., 60 freeway, 10 freeway, 710 freeway and 5 freeways. Two very large units complemented by tasteful upgrades, open and spacious floor plans, many bedrooms and baths, large front and rear yards perfect for entertaining. One unit consists of 3 large bedrooms, 2 baths, spacious living room and kitchen, tastefully remodeled. Second unit consists of 4 large bedrooms, 2 baths, spacious living room which opens to kitchen, perfect for entertaining. Both units are in move in condition and show extremely well. Buyers and agents to complete all their own due diligence on all bedroom and bath count, square feet, and any and all aspects and information for this property. Information reliable but not guaranteed.

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: 324
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.

1145 South KINGSLEY Drive

Price: $2,400,000
Units Total: 2
Lot Size: 5,900
Living Area: 1,064
Year Built: 1895
Parking: Yes
Days on Market: 41
Description: DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE- Listing price is for both parcels – 1139 S. Kingsley Dr. APN #5080-026-008 and 1145 S. Kingsley Dr. APN #5080-026-009 – Approximately 11,800sq. Ft. Both parcels combined. R-3 ZONING TOC-TIER 2. Excellent location in a Developmental Project area! Can be developed into a Multi-Unit building (approximately 23 units). Buyer to do their own due diligence regarding possibilities for development. Buyer to cooperate in a 1031 exchange at no cost at liability to buyer. Total actual income rent for #1139 is $4,430 and #1145 is $3,210. Sold “AS IS” in its present condition. Existing tenants have lease. DRIVE BY ONLY! DO NOT TRESSPASS THE PROPERTY OR DISTURB OCCUPANTS / TENANTS IN ANY CIRCUMSTANCES.

Los Angeles, 6026 Barton Avenue

Price: $1,495,000
Units Total: 4
Lot Size: 6,499
Living Area: 4,043
Year Built: 1896
Parking: 0
Days on Market: 8
Description: Prime location near Paramount Studios. This unique and charming old hollywood property has Four Units in total. Victorian Style Duplex in front with 2 bedrooms 1 Bath each. Upstairs unit has a small patio off the kitchen and Downstairs unit has a small sunroom off the kitchen. Back units are Cottage Style separate units one unit with 2 bedrooms 1 bath and last unit has 1 Bedroom 1 Bath. Great opportunity to investment in up and coming area. These units have an abundance of character to be enjoyed by new owners.

Los Angeles, 528 South Avenue 19

Price: $699,000
Units Total: 12
Lot Size: 3,292
Living Area: 3,696
Year Built: 1897
Parking: 0
Days on Market: 21
Description: Opportunity to own 3 Units + 9 Bedroom Rooming House in one of LA’s hottest neighborhoods, Lincoln Heights. Actual Income of $6,126 / month – $73,513 / year with good in-place income / cash flow + future upside in rents + value add potential for unused spaces. The site consists of 2 buildings connected by a breezeway totaling 3,696 sq.ft. The front building has 2,1/1 Units that are spacious with high ceilings on the 1st floor and 9 Bedrooms + 2,1/4 baths, shower room, and kitchen area on the 2nd floor. The back building consists of 2 bedrooms, storage room, and potential for additional income by re-configuring unused spaces (see floorplan). Minutes to vibrant DTLA, Chinatown, and leafy 32-acre LA State Historic Park. Capitalize on LA River Revitalization Plans, Albion Riverside Park (6-acre extension of Downey Park), and proposed mixed use developments coming to Lincoln Heights.

Pomona, 725 North Gordon Street

Price: $575,000
Units Total: 4
Lot Size: 11,739
Living Area: 2,764
Year Built: 1897
Parking: 1
Days on Market: 63
Description: This Corner Lot Property is a rare Fixer Upper Opportunity for an Investor! Listed Under Market Value makes it a Great Investment! The Exquisite Victorian 4 Plex built in 1897, is an Elegant Masterpiece, with a total of 5 Spacious Bedrooms, 5 total Baths, 1 Quarter Bath, Formal Dining Room, Double Living Room, Kitchens, Laundry Room, 11 Foot High Ceilings, Original 12″ Baseboards and Trim, Original Fireplace, Huge Backyard, Wrap Around Porch, Detached Car Garage, a very large Detached Storage Unit and much more! The large back yard and drive way are accessible from both street and alley. Owner is using 3 of the units as a single family residence. Renting the attached 4th unit to a family member. Property can easily be re-converted back to 4 unit complex! Great Location, close to Schools, Close to Shopping, Freeways 10 and 60, Cal Poly Pomona, Pudding stone Lake. Bring your tools or bring your contractor and experience the rewards of your efforts!

Los Angeles, 1915 ORCHARD Avenue

Price: $775,000
Units Total: 3
Lot Size: 7,019
Living Area: 2,955
Year Built: 1899
Parking: Yes
Days on Market: 29
Description: New roof, new exterior paint, and updated windows for the front building. The front building consists of one (2BR + 1BA) and one (1BA + 1BA). The rear building is (3BR + 2BA). The property profile shows total of 5BR + 3BA. LARD1.5-1 zoned 7,019 sq.ft lot (50’x140′). The property includes the white front building, pink rear building, and the wide driveway behind the black metal sliding gate. The property is located next to West Adams Preparatory High School. Shown with an accepted offer; please, do not disturb the tenants. The property needs some work.

Los Angeles, 859 East 53rd Street

Price: $495,000
Units Total: 2
Lot Size: 4,600
Living Area: 1,695
Year Built: 1899
Parking: 8
Days on Market: 28
Description: GREAT FOR FIRST TIME BUYER OR INVESTOR! HIGHLY DESIRED LOCATION! CLOSE TO DOWNTOWN AND FREEWAYS! GREAT OPPORTUNITY TO OWN AND HOLD RENTAL PROPERTY WITH POSITIVE RENTS. BEAUTIFUL LOW MAINTANCE REMODELED DUPLEX IN 2011 ON A LARGE LOT WITH PLENTLY OF PARKING AND DETACHED 2 CAR GARAGE. SEPARATE YARDS FOR EACH UNIT WITH TILE THROUGHOUT FRONT UNIT. TILE AND CARPET THROUGHOUT BACK UNIT AND ONLY ONE COMMON WALL. FRONT UNIT IS 3 BEDROOMS 2 FULL BATHS AND BACK UNIT IS 3 BEDROOMS ONE BATH. GRANITE COUNTERTOPS, CEILING FANS THROUGHOUT BOTH! WON’T LAST AT THIS PRICE! TENANTS ARE MONTH TO MONTH NEW OWNER CAN RAISE RENTS 3% THIS YEAR!

Long Beach, 2508 Elm Avenue

Price: $1,150,000
Units Total: 4
Lot Size: 5,979
Living Area: 3,570
Year Built: 1900
Parking: 4
Days on Market: 11
Description: Pride of ownership shows in this beautiful, upgraded building in the Wrigley area of Long Beach. The front building has 3 units. The back building, with a 2 bedroom 2 bath unit, was built in 2008 and has dual pane windows and two rooftop patios. This attractive building has a rebuilt front porch, sprinkler system in the front yard, and security gates with keyless entries in the front and back. There are four newer garages in the back which are secured by a new electrical gate with remote controlled access. This nicely renovated building also has security cameras with remote viewing available, foundation work was done with permits, and earthquake retrofitting. Fully occupied with stable tenants. Great rental area of Long Beach, minutes to shopping and transportation, and close to downtown and Bixby Knolls.

Santa Monica, 1738 9th Street

Price: $2,000,000
Units Total: 3
Lot Size: 8,179
Living Area: 2,016
Year Built: 1900
Parking: 6
Days on Market: 77
Description: Beautiful Triplex bungalow located at the end of a cul-de-sac on 9th street in Santa Monica. Located next to Pico Blvd, downtown Santa Monica, and Metro’s Expo line giving the buyer an option to live, work and travel without the need of a car. There are 3 units with individual back yards with space for a medium size dog for each. The first unit is a large studio with central A / C, beautiful floors, bathroom and kitchen with the appliances included. There is a dedicated washer and dryer for this unit located next to their own garage. The middle unit is a 1 bed / 1.5bath with a den. The new appliances also include in unit washer and dryer inside the middle unit. This unit has its own 2 car garage. The third unit is a 1 bed / 1bath, large back yard, own garage, and own washer and dryer. There are 2 more parking spots for guest to park. By right an additional unit can be added above the garage, free of rent control and with views of the ocean. All three units are vacant and allows the new owner to set the starting rents and pick their own tenants. Projected gross income per month is $12,800.3,500 for the first unit, 5,500 for the second unit, and 3,800 for the third unit. If a fourth unit is added above the garage expect a potential income increase of 6,100 more since a third-floor lookout deck is allowed BY RIGHT and will add views of the ocean. This 8178 sq.ft Lot is zoned R2, thus allowing 4 Units! Explore the possibilities today!

Los Angeles, 1118 West 25th Street

Price: $1,059,000
Units Total: 2
Lot Size: 5,911
Living Area: 1,372
Year Built: 1900
Parking: 0
Days on Market: 41
Description: LOCATION LOCATION LOCATION! INVESTORS DELIGHT LOCATED NEAR UNIVERSITY PARK!

Avalon, 216 West Whittley Avenue

Price: $1,675,000
Units Total: 4
Lot Size: 3,376
Living Area: 2,469
Year Built: 1900
Parking: No
Days on Market: 139
Description: Victorian Charmer- Avalon Quadruplex built in 1900, located approximately 2 1/2 blocks to the beach and downtown. 2,469 sq.ft of living space; lot size is 3,376 sq.ft. Property consists of 2-two bedroom units, 2-one bedroom units and a roof top deck. Unit A is a 2BR, 1 BA, with a fully equipped kitchen, partial ocean view from the front porch and C. U. P. Unit B is 1 BR, 1 BA with a small porch and C. U. P. Unit C is a 2BR, 2 BA, ocean views from living area and roof top deck above with expansive ocean views and a view of the world famous Casino building, has C. U. P. Unit D is a 1 BR, 1 BA, year-round rental. Separate laundry room. Street parking.

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: 201
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.

Los Angeles, 1028 West 23RD Street

Price: $950,000
Units Total: 2
Lot Size: 5,303
Living Area: 2,635
Year Built: 1901
Parking: 0
Days on Market: 480
Description: Fixer Upper, both units will be delivered vacant at the close of the escrow

Los Angeles, 2633 East 3rd Street

Price: $1,049,000
Units Total: 2
Lot Size: 6,257
Living Area: 2,015
Year Built: 1901
Parking: 2
Days on Market: 66
Description: Beautiful 1900’s Craftsman Bungalow style home located in Boyle Heights. This home has been completely renovated while preserving it’s original charm. The main house features a great floor plan with natural wood flooring, upgraded double pane windows, recessed lighting, new AC / Heating unit, dining area, laundry room, upstairs loft area, a beautiful kitchen with subway tile back splash, quartz countertops, new cabinets, spanish style flooring. Master bedroom includes a walk in closet with a master bathroom w / double sinks. Second Unit features 2 bedrooms 1 bath which includes its own laundry room and newly built in 2018. This property is located only minutes away from Downtown LA, Dodger Stadium, Arts District and near all major highways.

1635 South Berendo Street

Price: $899,900
Units Total: 2
Lot Size: 4,774
Living Area: 1,838
Year Built: 1902
Parking: Yes
Days on Market: 35
Description: AMAZING PROPERTY IN THE HEART OF LOS ANGELES! Nicely Renovated units that have NEW roofing, NEW A / C each unit and 2 auto iron gate. The first unit includes 4 bedrooms, 2 bathrooms with wood flooring throughout along with a spacious living room and a modern kitchen. The Second Unit includes 2 Bedrooms, 2 Bathrooms and den. Being minutes away Korea Town and DTLA this property is an investors DREAM!

Los Angeles, 876 East 56TH Street

Price: $649,999
Units Total: 2
Lot Size: 6,076
Living Area: 2,552
Year Built: 1902
Parking: 0
Days on Market: 85
Description: Excellent opportunity to own this two unit multi family investment property! Front unit is currently rented for $1,650 per month and is Section 8. Rear unit is totally updated and in turn key condition with 4 bedrooms and 2 bathrooms and can rent for $2500. Property also has newer aluminum windows throughout and other building amenities include individual water heaters, wrought iron secured entry and gate, two single car garage parking spaces with additional on-site parking and property is separately metered for gas an electricity. Truly a wonderful opportunity!

Los Angeles, 771 East 47th Street

Price: $589,950
Units Total: 3
Lot Size: 8,765
Living Area: 2,417
Year Built: 1902
Parking: 7
Days on Market: 87
Description: GREAT MULTI-FAMILY TRIPLEX! INVESTMENT OPPORTUNITY! PROPERTY NEXT DOOR WILL LIST FOR 599K and IT’S ONLY A DUPLEX. LOTS OF UPSELL FOR THE RIGHT INVESTOR. SO MUCH POTENTIAL! CLOSE TO DOWNTOWN AND FREEWAYS! HUGE LOT AT 8,765 sq.ft. MAIN HOUSE IS 3 BEDROOMS / 2 BATHS. BOTH BACK UNITS EACH HAVE 2 BEDROOMS / 1 BATH. THE GARAGE HAS BEEN CONVERTED INTO 2 SEPARATE STORAGE SPACES. FRESH PAINT THROUGHOUT THE INTERIOR AND EXTERIOR. DRIVEWAY CAN EASILY PARK UP TO 7 VEHICLES. MONTHLY RENTAL INCOME OF $3,750 WITH LONG TERM, ON TIME TENANTS. PROPERTY IS SOLD AS-IS. TWO LOTS (42 and 43). BACK UNITS HAVE INDEPENDENT EDISON METER, WATER and GAS FROM MAIN HOUSE. ***Agents, we are still accepting offers. ***

Los Angeles, 2766 JAMES M WOOD

Price: $1,695,000
Units Total: 5
Lot Size: 6,747
Living Area: 880
Year Built: 1902
Parking: Yes
Days on Market: 33
Description: FULLY ENTITLED TO BUILD 15 UNITS WITHOUT DENSITY BONUS OR LOW HOUSING INCOME UNITS. CASH OFFERS ONLY! PROPERTY IS COMPLETELY VACANT. 8 – 2 LARGE BEDROOMS, 4 – 1 LARGE BEDROOMS, 3 – AMAZING STUDIOS. THIS PROPERTY CAN BE BUILT UP TO 29 UNITS WITH TOC (TIER 3)!

1268 East Martin Luther King Jr Boulevard

Price: $530,000
Units Total: 2
Lot Size: 5,790
Living Area: 1,982
Year Built: 1902
Parking: 8
Days on Market: 252
Description: Spacious Duplex with good size units located just south of Downtown Los Angeles. Front unit is 3 bedrooms, 1 bathrooms and has not been updated. The second unit which is 3 bedrooms 2 bath and has been updated. The kitchen has new cabinets, granite counter tops, and a beautiful bellagio backsplash. Bathrooms have both been completely remodeled. Property has new copper plumbing. Units have a long driveway with ample parking in the rear allows for 7 to 8 cars.