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: 101
Description: A Triplex in heart area of City Of Colton

427 North Boylston Street

Price: $1,900,000
Units Total: 2
Lot Size: 5,010
Living Area: 5,010
Year Built: 1880
Parking: 2
Days on Market: 40
Description: Attention: Developers / Foreign Investors – Excellent location in the heart of downtown LA with an incredible, unobstructed view of the downtown skyline, property is a duplex or can be used as a SFR. Zoning is Multifamily, build up 36 apartments / condos if you also acquire property next door. Check with city. Property next door is: 425 N. Boylston Street, APN: 5160-022-010. Both properties available for a total of $3.8 million. Close proximity to public transit, Grand Park, Union Station, Little Tokyo, Echo Park, Music Center, Disney Concert Hall, Board Museum, Moca museum, minutes away from Staple Center, LA Live, Dodger Stadium, and restuarants. A new 121 apartment project was just completed next door. Buyers to verify ALL INFORMATION AND RELY ON THEIR OWN INVESTIGATION. THIS IS A LAND DEVELOPMENT SALE ONLY.

Pomona, 911 Sheridan Avenue

Price: $549,900
Units Total: 2
Lot Size: 12,932
Living Area: 2,888
Year Built: 1882
Parking: 10
Days on Market: 34
Description: Vintage Pomona 2 Story Plantation Home and Separate Large Unit was Used as a Meeting Hall. So much Potential for a Large Family! The Home Was Moved to this beautify Neighborhood in the Mid 50’s from Another Pomona Location. So Foundation Has Been Retrofitted. All Additions to the Home were Done with Permits. The Large Accessory Unit Behind the Home Can be Legally Converted to an ADU (Accessory Dwelling Unit), Buyers to Verify with City of Pomona. The Possibilities are Endless with this Home. If you have TOYS, RV’s, Or Simply Need the Room This LOT is Approximately 13,000 sq.ft. There are 2 Entrances to the Backyard. One on Either Side of the House With a HUGE Entry Door on the North Side that Can Accommodate Any Large Vehicle.

Los Angeles, 2649 Arvia Street

Price: $1,250,000
Units Total: 3
Lot Size: 10,997
Living Area: 3,293
Year Built: 1885
Parking: 13
Days on Market: 27
Description: Three on a lot / triplex, exclusive and rarely available in the up and coming neighborhood of Cypress Park sits this incredibly grand property you’ve waited for! This exquisite property redefines luxurious with all its fullness, richness and character. Built in 1885, this pre-1900 build has so many wonderful characteristics that makes this home so unique. Exceptionally appointed throughout, this magnificent residence features soaring ceilings, functional newer windows, elegant parquet flooring, custom window coverings, crown molding, updated electrical and plumbing, the list goes on. The open floor plan boasts a grand foyer, fireplace in the living room, stately separate dining room, functional kitchen with seating, superbly equipped tile counters, stainless steel appliances and immense pantry. This simply breathtaking estate is open and airy. The grounds are guaranteed to mesmerize all who walk through the doors. If you are looking for magnificence, look no further than here with the almost 11,000 square foot lot that can accommodate RV parking along with at least 13 more cars. Located just minutes to the newly developed Riverpark community and minutes from Downtown Los Angeles, all major freeways and surrounding cities, adjacent to LA River, Greenway Trail, Rio De Los Angeles State Park, Metrolink, Dodger Stadium, Pasadena, Glendale, Burbank, Atwater Village, Silver Lake and Los Feliz! What an excellent opportunity to personalize this zoned LARD3 not HPOZ spectacular space!

1127 South NORMANDIE Avenue

Price: $1,495,000
Units Total: 3
Lot Size: 5,906
Living Area: 682
Year Built: 1885
Parking: Yes
Days on Market: 80
Description: Located in the heart of Koreatown with LAR4 zone. Property is 100% vacant. Ready to develop 29 Unit Apt. Building. Price include current building plan. This property subject to sell together with 1127 S. Normandie Ave. Property is sold in AS Is and Where Is condition.

Glendora, 721 West Baseline Road

Price: $2,488,800
Units Total: 4
Lot Size: 25,155
Living Area: 7,284
Year Built: 1887
Parking: 4
Days on Market: 68
Description: SALE INCLUDES THE THREE OTHER SFRs THE ADJACENT LOTS at 725,719, and 717 Baseline. Imagine the stories you can share and the memories you can create in this grand, historic Victorian home! For the first time in over 40 years, you have the opportunity to own the iconic Scofield House. In 1887, the very same year Glendora was born, Sanford and Mary Scofield built this delightful Victorian. More history about the Scofields and the subsequent owners is available on request. The current owners were married in the parlor and have spent hundreds of hours meticulously stripping and refinishing the original moldings, railings, and doors that had been painted over in earlier years. The original windows have the original glass. The parlor features the original window seat, with the original leaded glass windows, and the original seat cushions – all lovingly preserved. The vast majority of the original doors, flooring, built-ins, and other architectural features remain intact and beautifully preserved. Considering bringing multiple generations to live together? There are separate kitchens on the first and second floors, and there’s plenty of room. The basement features approximately 190 sq.ft of finished shop space and a cellar on top of the unfinished basement available for storage. Rentals each are 3-bed, 1.5-bath, with 1,120 sq.ft and presently generate about $5,000 / month. Other nearby homes rent for between $2,000 and $2,300 a month. See MLS CV18226489 for 2-house deal on 721 and 719.

Glendora, 721 West Baseline Road

Price: $1,499,000
Units Total: 2
Lot Size: 13,113
Living Area: 5,044
Year Built: 1887
Parking: 6
Days on Market: 7
Description: LIVE IN ONE AND RENT THE OTHER! SALE INCLUDES 719 W BASELINE RD, A SINGLE FAMILY HOME ON THE ADJACENT LOT. Imagine the stories you can share and the memories you can create in this grand, historic Victorian home! For the first time in over 40 years, you have the opportunity to own the iconic Scofield House. In 1887, the very same year Glendora was born, Sanford and Mary Scofield built this delightful Victorian. More history about the Scofields and the subsequent owners is available on request. The current owners were married in the parlor and have spent hundreds of hours meticulously stripping and refinishing the original moldings, railings, and doors that had been painted over in earlier years. The original windows have the original glass. The parlor features the original window seat, with the original leaded glass windows, and the original seat cushions – all lovingly preserved. The vast majority of the original doors, flooring, built-ins, and other architectural features remain intact and beautifully preserved. Considering bringing multiple generations to live together? There are separate kitchens on the first and second floors, and there’s plenty of room. The basement features approximately 190 sq.ft of finished shop space and a cellar on top of the unfinished basement available for storage. 719 W Baseline Rd is 3-bed, 1.5-bath, with 1,120 sq.ft and could generate between $2,000 and $2,300 per month in rent based on other recent rental activity in the area. Welcome home!

Los Angeles, 1708 East 3rd Street

Price: $499,000
Units Total: 3
Lot Size: 1,874
Living Area: 1,676
Year Built: 1890
Parking: 2
Days on Market: 60
Description: 3-unit INVESTMENT OPPORTUNITY generating a total of $3,150 rent each month! One unit has 2bed, 1 bath and the other two are 1bed, 1 bath. This triplex is complete with hardwood-style laminate floors, and tile. This property is conveniently located next to the 101 Fwy and 10 Fwy, schools, public transportation, churches, shopping, dining and entertainment. This the a great opportunity for you if you are in the market for a great investment property, in good condition and equipped with tenants to save you the hassle. You do not want to miss out on this property!

Monrovia, 161 North Mayflower Avenue

Price: $2,590,000
Units Total: 6
Lot Size: 17,253
Living Area: 5,305
Year Built: 1890
Parking: 11
Days on Market: 55
Description: Own a piece of Monrovia History. 1st time on the market and an ultra-rare opportunity to own six units in North Monrovia! The famous M. Bushnell House was originally constructed in 1889 and features 2,353 sq.ft, 4 bedrooms, 3 baths, Batchelder fireplace in the living room, an open and bright floorplan, lots of original door and window hardware, central heat and air, large exterior porches, an unfinished attic with 1,000 sq.ft of usable space, a basement with over 1,300 sq.ft of finished floor area, 2 car detached garage with lots of extra driveway parking and an automatic sliding gate. All located North of Foothill Blvd and in the award-winning Mayflower School District. The 5 rental units all have their own private entrances that are separate from the main house along with a court yard area, private yards, lot of carport parking and more. In total there is over 5,300 sq.ft of living space on over 17,000 sq.ft lot. This property also has the potential for Mills Act historical landmarking which offers the property owner substantial tax savings. Investor specs: 4% CAP rate, 17X factor for GRM, and $12,000 of monthly gross income potential.

Los Angeles, 2631 East 4th Street

Price: $860,000
Units Total: 4
Lot Size: 6,249
Living Area: 2,576
Year Built: 1890
Parking: 8
Days on Market: 56
Description: Multi units / Commercial, Investors dream! Very close to metro Station. Boyle Heights area is up-and-coming. One unit is: 2 bedrooms 1 bath, 2 units are: 1 Bedroom 1 bath each. A restaurant completely equipped in the front. Presently ready for new ownership to run or lease it. Two car garage and parking for 6 cars. Close to Metro and public transportation.

Los Angeles, 1545 Cambria Street

Price: $1,200,000
Units Total: 0
Lot Size: 5,477
Living Area: 2,282
Year Built: 1893
Parking: Yes
Days on Market: 56
Description: This Los Angeles / Westlake area duplex offers an excellent development opportunity since the lot is zoned LAR4-2. Check with the City of Los Angeles for number of units that can be built. Minutes away from Staples Center, LA Live and Ritz Carlton Hotel. The lot size is approximately 43′ x 127.37′.

Los Angeles, 237 East 31ST Street

Price: $699,000
Units Total: 3
Lot Size: 6,253
Living Area: 2,392
Year Built: 1893
Parking: Yes
Days on Market: 108
Description: Triplex, Ten blocks away from USC and DTLA, A great income potential generating income triples with Separate two-story building and each unit has separate Electric and Gas meters Conveniently located close to restaurants, shopping, and has easy access to transportation. All offers SUBJECT TO INTERIOR INSPECTION AFTER ACCEPTANCE. Do NOT disturb TENANTS Great rental Perfect for investors, first-time buyers or investment. And PROPERTY TO BE SOLD “AS IS” AND WHERE IS CONDITION”

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: 421
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: $1,200,000
Units Total: 2
Lot Size: 5,900
Living Area: 1,064
Year Built: 1895
Parking: Yes
Days on Market: 69
Description: DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE- Listing price is for each parcel – 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: 105
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, 2619 Trinity Street

Price: $469,900
Units Total: 2
Lot Size: 2,500
Living Area: 2,028
Year Built: 1896
Parking: 0
Days on Market: 14
Description: Best deal in town! Updated Duplex. Perfect for Owner User or Investor. 1bed + 1bath AND 3bed + 3bath. Best priced Duplex in town. Near to all the upcoming developments and stadiums. Also near to USC campus, freeways businesses and more. Huge upside and 3 + 3 is already remodeled.

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: 118
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.

Glendale, 366 West PALMER Avenue

Price: $1,400,000
Units Total: 6
Lot Size: 9,650
Living Area: 4,072
Year Built: 1897
Parking: Yes
Days on Market: 80
Description: Unit #4 is left Vacant for Buyer $5500 is the total utilities, not just water. Actual breakdown available. 3 units are separately metered for gas and electric. 3 units are master metered.

Los Angeles, 2111 South Union Avenue

Price: $1,050,000
Units Total: 5
Lot Size: 6,996
Living Area: 4,002
Year Built: 1898
Parking: 5
Days on Market: 32
Description: 5 units located in the most centralized area of Los Angeles! Close to everything happening in the Los Angeles area; downtown LA, restaurants, USC, Coliseum, Staple Center, Hollywood, Pasadena, beaches and Freeways! Charter High School just a few steps away making this property very desirable for family living. This is an excellent opportunity to own income property in one of the best rental areas of Los Angeles. Lots of potential for upside. All units are rented and have stable tenants. Third floor is used as storage. Currently 5 parking spaces with potential for additional parking.

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: 61
Description: Triplex in Pico-Union. New roof, new exterior paint, and updated windows for the front building. The front building consists of one (2BR + 1BA) and one (1BD + 1BA). The rear building is (3BD + 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. Property is 100% under rent control and will be delivered tenant occupied. Shown with an accepted offer; please do not disturb the tenants.

Long Beach, 2508 Elm Avenue

Price: $1,125,000
Units Total: 4
Lot Size: 5,979
Living Area: 3,570
Year Built: 1900
Parking: 4
Days on Market: 107
Description: Pride of ownership shows in this upgraded building in the popular Wrigley area of Long Beach. The front building has 3 units. The back building was built in 2010 and has dual pane windows and two rooftop patios. The property has over $200,000 in renovations, granite countertops in all kitchens, 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 with a new electrical gate with remote controlled access, 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.

Los Angeles, 2227 JAMES M WOOD

Price: $999,870
Units Total: 2
Lot Size: 4,772
Living Area: 2,796
Year Built: 1900
Parking: Yes
Days on Market: 90
Description: Rare combination: C2 lot, vacant two story building with the handicap access, separate entrances for the upstairs and downstairs. Unique layout. Previously used as an acupuncture office. Perfect for live and work space in upcumming Westlake corridor. Numerous construction projects around. Possible for the recreational cannabis retail use (please call for details). Easy to show, submit all offers. Buyer to verify all info.

Santa Monica, 1738 9th Street

Price: $1,999,950
Units Total: 3
Lot Size: 8,179
Living Area: 2,016
Year Built: 1900
Parking: 6
Days on Market: 174
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. One unit is vacant and allows the new owner to set the starting rents and pick their own tenants. Projected gross income per month is $10,000 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: $875,000
Units Total: 2
Lot Size: 5,911
Living Area: 1,372
Year Built: 1900
Parking: 0
Days on Market: 138
Description: LOCATION LOCATION LOCATION! INVESTORS DELIGHT LOCATED NEAR UNIVERSITY PARK!