Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Whittier, 5807 GREENLEAF Avenue

Price: $2,300,000
Units Total: 8
Lot Size: 7,001
Living Area: 5,534
Year Built: 1959
Parking: Yes
Days on Market: 132
Description: An 8-Unit Apartment Building Located In the Most Sought After Area Of Uptown Whittier. Contact Listing Agents For Further Details.

Whittier, 15923 La Forge Street

Price: $1,550,000
Units Total: 4
Lot Size: 8,950
Living Area: 4,085
Year Built: 1977
Parking: 10
Days on Market: 48
Description: Excellent location near La Mirada. Walking distance to the Whittwood Mall. Long term tenants, averaging 10 or more years. Front unit is 3-bedroom and 2-bath with wood floors and renovated kitchen (new cabinets and granite counter tops) and bathroom. The back 3 units are 2-bedroom and 2-bath. All units have dual pane windows. Alley access for two 2-car garages and one 3-carport with an additional three uncovered parking spots next to the carport. Downstairs laundry also brings in additional income.

Whittier, 13521 Franklin Street

Price: $1,325,000
Units Total: 4
Lot Size: 6,815
Living Area: 3,745
Year Built: 1985
Parking: 12
Days on Market: 63
Description: This is a great opportunity to get into the income property market. These units were built from the ground up in 1985. There are four units total, three of which are upstairs, each with private entrances, that are 2 bedroom, 1 bath. The fourth unit is downstairs, in front, and it has 2 bedrooms, 2 baths. All of the units come with a window AC, wall heater, dishwasher, and free standing range. The units share a convenient and clean laundry room with coin-op laundry machines. Every unit has it’s own 2-car garage plus one uncovered parking space on the driveway. All units are occupied by long term tenants. Do not disturb occupants or walk the property, drive by only.

Whittier, 11523 Broadway

Price: $1,175,000
Units Total: 4
Lot Size: 6,047
Living Area: 3,280
Year Built: 1948
Parking: 5
Days on Market: 53
Description: Excellent investment opportunity located in the historically rich City of Whittier. This charming city is truly one of Southern California’s premiere housing areas with especially favorable demographics. Gateway city to Los Angeles equates to zero vacancy with long term tenants. Immaculate 4plex is set up perfect for tenant retention. Each unit is extremely spacious featuring, major storage space, individual private laundry rooms, newer windows, light and bright living space, AC, charming built-ins, secure entrances, a backyard greenbelt, and a private garage assigned to each unit. Pristine neighborhood, tree lined street with easy access to The Whittier Greenway Trail, a 4.5-mile commuter and recreational bikeway, and pedestrian path. Hassel free returns on investment, with plenty of room to increase rents. Pride of ownership appeal.

Whittier, 7902 Comstock Avenue

Price: $575,000
Units Total: 2
Lot Size: 6,829
Living Area: 1,694
Year Built: 1924
Parking: 2
Days on Market: 3
Description: Excellent opportunity to own income property in the city of Whittier. These 2 separate units are single story and within walking distance from the Historic Uptown Whittier. Close to shopping, schools, and entertainment. Both units need some TLC. Front unit is a 2 bed, 1 and 1½ bath and back unit is a 3 bed, 1 bath. Property is sold as is. Don’t miss out the opportunity of a great property in a good area! Appraisal has been done on the property.

Whittier, 13632 Penn Street

Price: $3,180,000
Units Total: 12
Lot Size: 13,504
Living Area: 7,272
Year Built: 1959
Parking: 1
Days on Market: 28
Description: The subject property is a two-story, twelve-unit apartment complex comprised of wood and stucco construction, with seven units having been recently renovated. The property showcases on-trend design updates that epitomize pride of ownership. The complex was originally built in 1959 with interior and exterior renovations completed between 2016 and 2017. The building structure encompasses approximately 7,272 sq.ft and is situated on 13,707 sq.ft (0.31 acre) parcel with WHR3 zoning. Some of the recent renovations include new exterior and interior paint, partial copper plumbing, new individual wall unit air-conditioning, new wall furnace heaters, new patio walls, new laminated flooring, granite counter tops, new stove tops, installation of LED lighting, and drought-resistant landscaping. The property’s unit-mix consists of nine one-bedroom / one-bath units and three two-bedroom / one-bath units with an average unit size of 606 sq.ft, with each apartment separately metered for gas and electric. The complex features a common laundry facility, 11 carports, and one garage on-site. With rents historically stable at 100% occupied, the current up-side in rents makes this property a sound investment to even the most prudent buyer.

Whittier, 12619 Mulberry Drive

Price: $560,000
Units Total: 2
Lot Size: 9,890
Living Area: 1,458
Year Built: 1959
Parking: 2
Days on Market: 13
Description: Must GO! DIAMOND IN ROUGH! These 2 units are located across the street from York Field, the 2 units are situated on a huge lot of almost 10,000 sq.ft. One home is located at 12619 Mulberry Drive and the other home is located at 12620 Shreve Rd. The 2 homes are in need of some TLC and price reflects condition. The Mulberry house has 2 large bedrooms and 1 bath with a 2 car garage, the house on Shreve has 1 bedroom 1 bath. The roof on both units are about 5 years new.

Whittier, 12103 Orange Drive

Price: $620,000
Units Total: 2
Lot Size: 5,589
Living Area: 1,656
Year Built: 1949
Parking: 2
Days on Market: 69
Description: Great Spacious duplex in a nice area of Whittier. Live in one and rent the other or make a good investment property with long term tenants. This is 2 units with address 12101 and 12103 Orange Drive. Property sits in a corner lot and each has own garages for parking. The units are attached and separated by one common wall. Each unit has separate electrical and gas meters but only one meter for water. Front unit is a 1 bedroom 1 bath and back unit is 2 bedroom, 1 bath. Property is sold as is. Don’t miss out the opportunity of a great property in a good area!

Whittier, 13317 Penn Street

Price: $1,500,000
Units Total: 7
Lot Size: 4,689
Living Area: 5,544
Year Built: 1923
Parking: 0
Days on Market: 7
Description: This investment offering has two buildings on a single parcel, totaling seven units multi-family asset located in the heart of uptown Whittier. Built in 1923, the subject property is situated on a 4,648 square foot lot with an approximately 5,543 sq.ft of rentable space. A $60,000 renovation project was completed in 2013. The complex consists of spacious units including two studios, three one-bedroom / one-bathroom, and two two-bedroom / one bathroom units. The apartment offers long term tenants with no vacancies for the past two years. Each unit is individually metered for gas and electricity plus separate hot water heaters. Moreover, there is additional storage units for tenants and owner. The property is conveniently located within walking distance to Whittier College, City Hall, Police Department, various shops, restaurants, financial institutions, Whittier Memorial Stadium and Penn Park. With over 180,000 population in a three miles radius and approximate twenty miles from downtown Los Angeles and other major employers. The historic roots of Whittier can be traced back to 1794. Later in 1898, Whittier became a charter law city and was incorporated in 1898. Whittier is always in high demand of rental properties due to its central location. This investment offers a value-added opportunity in one of the strongest rental markets in Southern California. The Penn Street Property is an ideal investment for an investor seeking a stable income producing asset.

Whittier, 12207 Hadley Street

Price: $585,000
Units Total: 3
Lot Size: 6,361
Living Area: 2,051
Year Built: 1923
Parking: 1
Days on Market: 609
Description: Great location for a Multi-Family 3-Units. Live in one an rent the other 2 units. Front house is 2 bedrooms and 2 bathrooms plus a den and back unit is one bedroom and one bath each. The rents are low due to tenants are family members, one pay $500 per month and the other one pay $750 per month. No rent control in this area. Best use of this property is residential, this property has never been use as commercial. All rents are below current market value. This property has a commercial zoning. Only commercial loan available to purchase it. All tenants park on the street. There is one car garage and is converted into storage. The main parking entry for the front unit is on Hadley St. There is one water and gas meter and 2 electrical meters. This property is selling with the property next to it. Both properties need to close escrow concurrently. The seller will not sell only one property, they want to sell both properties at the same time. 12201 and 12207 Hadley St. Whittier CA 900601 This property is located nearby shopping centers, super markets, restaurants and schools.

1327 North Harper Avenue

Price: $5,200,000
Units Total: 10
Lot Size: 9,947
Living Area: 9,260
Year Built: 1951
Parking: 15
Days on Market: 125
Description: PRICE REDUCTION! PRICE REDUCTION! PRICE REDUCTION! BEST LOCATION IN ALL OF WEST HOLLYWOOD! DRIVE BY TO REALLY SEE HOW GREAT THIS PROPERTY IS! FIRST TIME FOR SALE IN 50 YEARS! THE HERSHBERG RESIDENCES HAVE BEEN PASSED DOWN FROM GENERATION TO GENERATION. WELL SITUATED JUST ABOVE FOUNTAIN AVENUE AND JUST BELOW SUNSET BLVD. NEAR A PRESTIGIOUS HISTORICAL AREA. EXCELLENT LOCATION! WONDERFUL FLOOR PLANS THAT DISPLAYS THE ELEGANCE OF THE PAST, WITH SOME MODERN UPDATES AND SERENE VIEWS TO MATCH. SURROUNDED BY NEW UPSCALE RESIDENTIAL APARTMENTS, CONDOS AND TOWNHOUSES THAT RENT FOR $4,995 TO $5,500 AND MORE PER MONTH. UPDATE TO YOUR TASTE OR TEAR DOWN, BUILD MORE UNITS AND USE YOUR IMAGINATION TO CREATE A NEW STANDARD. THE CITY MAY ALLOW UP TO 17 UNITS IF 20% ARE AFFORDABLES. EXCELLENT EXCELLENT EXCELLENT LOCATION. THIS IS A ONCE IN A LIFETIME OPPORTUNITY. . TO OWN THIS APARTMENT COMMUNITY IN A ONE OF A KIND LOCATION. THIS AREA HAS ONE OF THE HIGHEST VALUES IN THE NATION. DON’T MISS OUT. MOST APARTMENT HOUSES IN THIS AREA NEVER BECOME AVAILABLE. Market Rent Value at a 3% cap rate is 7.3 million dollars If any retrofitting is required by the city or county, it can be negotiated into the price. Preliminary cost is 45k plus 7k in plan cost.

West Hollywood, 8833 CYNTHIA Street

Price: $5,000,000
Units Total: 5
Lot Size: 5,923
Living Area: 0
Year Built: 2009
Parking: Yes
Days on Market: 88
Description: Coldwell Banker Commercial NRT is pleased to exclusively represent for sale 8833 Cynthia Street (“Cynthia”). This is a rare opportunity to acquire a Non-Rent control, 5-Unit luxury condo / apartment building situated on one of the most favorable streets of West Hollywood. Cynthia has an excellent unit mix, all five units are large and spacious 3 bedroom and 3 bath townhouses with a huge penthouse unit over 2,200 sq. Ft. With a direct elevator access to unit. Designer finishes, modern gourmet kitchen with high-end stainless-steel appliances, walk-in closets, washer / dryer, private balconies, rooftop deck, intercom access, subterranean parking, and many more. *** All the units have their own separate APN numbers *** The property has always enjoyed a high occupancy rate due to a strong mix of local tenants that cater to the surrounding population. This is a one-of-a-kind opportunity for the savvy investor who has the vision to re-position the property to its most lucrative potenti

8225 FOUNTAIN Avenue

Price: $7,699,999
Units Total: 8
Lot Size: 7,995
Living Area: 9,330
Year Built: 1926
Parking: 6
Days on Market: 185
Description: *Patio del Moro / 7 Luxury Units in West Hollywood*On the National Register of Historic Places since 1986*A true West Hollywood Landmark*Located within the Harper Avenue Historic District*Once in a lifetime opportunity for ownership*Current Mills Act application for tax abatement*Built in 1925 by architect Arthur and Nini Zwebell*Andalusian Style building*Superior unit mix of 1 to 3 Bedroom Units*Large Units ranging from approximately 1,000-1,725 SF*9,330 sq.ft of building improvements*7,995 sq.ft lot*3 story building*Intertwined private terraces and patios*Juliet balconies, private outdoor spaces*Tremendous 25% upside in rents*Potential for condo conversion*Property is in excellent condition, attributed to the love of the building’s previous owners*Former home of Charlie Chaplin, Humphrey Bogart and other historical celebrities*Listed at a 3.29% cap rate on actual income utilizing the Mills Act Tax Abatement

1007 North SAN VICENTE

Price: $3,749,000
Units Total: 4
Lot Size: 6,734
Living Area: 5,739
Year Built: 1947
Parking: 0
Days on Market: 213
Description: ALL RENTS ARE ACTUAL AND ALL UNITS LEASED – 3.91 CAP RATE Achieve the highest possible CAP RATE while living in a Trophy building / location just steps from the Sunset Strip and London Hotel. Ideal cash flow for a pristine completely renovated 4 unit building. Units comprise of flawless finishes along with all of todays needs / amenities, central air / washer / dryer / range / fireplaces / private garage parking and patios. Consistent with the finest appliances and materials each individual unit is unique and rare with massive vaulted ceilings and architecture. All units leased at market rent except for unit 4 which provides tremendous upside at a projected rental rate of $4,071 per month. Subject property also boasts potential future development opportunity as it is sited on a WDR4 lot.

West Hollywood, 9000 Phyllis Avenue

Price: $2,590,000
Units Total: 2
Lot Size: 4,204
Living Area: 2,705
Year Built: 1926
Parking: 3
Days on Market: 255
Description: WOW-WOW West Hollywood Duplex Off Of Sunset And Doheny With Views Of Downtown Los Angeles, This Property Is In The Norma Triangle Near Trendy Shops, Clubs And Restaurant. This Spanish Style Duplex Was Built In 1926. Each Unit Is A 2 Bedroom / 1 Bathroom, Both Units Have The Same Floor Plan And Square Footage, Both Units Have Original Hardwood Flooring Top Unit Has Carpet That Can Be Removed To Reveal The Original Flooring. The Deck Outside Is Great For Entertaining That Has The Views Of Downtown Los Angeles That Won’t Disappointed While You Relax! Top Rated Schools Right Down The Street.

West Hollywood, 1260 OZETA Terrace

Price: $2,195,000
Units Total: 3
Lot Size: 6,713
Living Area: 2,960
Year Built: 1920
Parking: 3
Days on Market: 13
Description: A rare opportunity for all LA’s investors and developers! Large WDR4 lot approx. 6,713 sq.ft holds this well-maintained traditional style triplex in one of the most sought after locations in a prime West Hollywood / Sunset Strip neighborhood north of Sunset Blvd. This property offers approx. 2,960 rentable sft., it consists of two stand-alone structures, each with its own private entrance – Front Two-Story structure has 2 units, each with two bedrooms; back structure is a 1-unit bungalow with one bedroom and one bath; each unit has carport parking. Conveniently located to some of LA’s best shopping, dining and nightlife venues. All 3 units will be delivered occupied with month-to-month tenants; perfect for a savvy investor! Please DO NOT Disturb Tenants or walk the property.

1279 North HARPER Avenue

Price: $3,550,000
Units Total: 10
Lot Size: 9,758
Living Area: 9,718
Year Built: 1955
Parking: Yes
Days on Market: 98
Description:

West Hollywood, 9040 PHYLLIS Avenue

Price: $2,170,000
Units Total: 4
Lot Size: 3,678
Living Area: 3,056
Year Built: 1926
Parking: Yes
Days on Market: 66
Description: A great opportunity to own a 4-Plex in a prime location of West Hollywood, boarder of Beverly Hills. It’s a large 2 level townhouse style, great for owner use. The entire property has been completely remodeled with new kitchen with quartz counter top and new cabinet, marble bath with new flooring. Main unit is a townhouse style, two levels connected with stairway. Upper level has city view and outside terrace. Lower level is a studio w / one bath and has separate entrance. This mini compound is situated just south of Sunset in the Norma Triangle. Close to all the shops and restaurants in Sunset Blvd and SOHO house. The property is great for 1031 exchange buyer. Don’t miss this great opportunity!

West Hollywood, 9042 PHYLLIS Avenue

Price: $1,999,000
Units Total: 2
Lot Size: 4,326
Living Area: 2,600
Year Built: 1929
Parking: 0
Days on Market: 54
Description: Great investment opportunity or potential owner user! Zoned WDR4 Located steps from Doheny Dr. On a quiet street this Spanish updated duplex has it all. Both units will be delivered vacant at the close of escrow. The front 2 story 3 bedroom 2.5 ba unit has private patio off of living room, dining area, 2 bedrooms + 1.1/2 ba, updated kitchen, upstairs is the master with updated bathroom, walk in closet and large balcony. Back unit has living room, dining area, updated kitchen with balcony and 1/2 ba. Upstairs is master bedroom + bathroom and office / bedroom. Both units combined can rent out for aprox. Between $7800 – $8000 a month. Garage was converted to storage area. Light fixture in front unit living room and sconce on wall over stairs in back unit are excluded.

1323 North Harper Avenue

Price: $5,200,000
Units Total: 10
Lot Size: 9,947
Living Area: 9,260
Year Built: 1951
Parking: 15
Days on Market: 41
Description: MAKE YOUR HIGHEST AND BEST OFFER ASAP. Calling For Offers. All Offers to be submitted in the order received. BEST LOCATION IN ALL OF WEST HOLLYWOOD! DRIVE BY TO REALLY SEE HOW GREAT THIS PROPERTY IS! FIRST TIME FOR SALE IN 50 YEARS! THE HERSHBERG RESIDENCES HAVE BEEN PASSED DOWN FROM GENERATION TO GENERATION. WELL SITUATED JUST ABOVE FOUNTAIN AVENUE AND JUST BELOW SUNSET BLVD. NEAR A PRESTIGIOUS HISTORICAL AREA. EXCELLENT LOCATION! WONDERFUL FLOOR PLANS THAT SHOWS THE ELEGANCE and ALLURE OF THE PAST, WITH SOME MODERN UPDATES AND SERENE VIEWS TO MATCH. SURROUNDED BY NEW UPSCALE RESIDENTIAL APARTMENTS, CONDOS AND TOWNHOUSES THAT RENT FOR $4,995 TO $8,800 AND MORE PER MONTH. UPDATE TO YOUR TASTE OR TEAR DOWN, BUILD MORE UNITS AND USE YOUR IMAGINATION TO CREATE A NEW STANDARD. THE CITY MAY ALLOW UP TO 17 UNITS. EXCELLENT EXCELLENT LOCATION. THIS IS A ONCE IN A LIFETIME OPPORTUNITY. . TO OWN THIS APARTMENT COMMUNITY IN A ONE OF A KIND LOCATION. THIS AREA HAS ONE OF THE HIGHEST VALUES IN THE NATION. DON’T MISS OUT. MOST APARTMENT HOUSES IN THIS AREA NEVER BECOME AVAILABLE. GRAB THIS ONE WHILE YOU CAN. HUGE UPSIDE IN RENT POTENTIAL. SEE ACTUAL VS. PROFORMA

1031 North CURSON Avenue

Price: $6,650,000
Units Total: 20
Lot Size: 13,050
Living Area: 15,970
Year Built: 1963
Parking: Yes
Days on Market: 97
Description: PRICE REDUCTION – SERIOUS SELLER **Opportunity to purchase a well maintained mid century building in prime West Hollywood on a large lot with fantastic frontage, ample parking that does NOT require any retrofit work, and multiple amenities such as intercom entry and pool. 12 of the 20 units have been upgraded with new kitchens, flooring, and baths. The pool was recently re plastered, plumbing lines are copper (vertical and horizontal), electrical system has been updated with new sub panels and breakers and newer intercom system with cameras throughout the property. New sewer lines have been installed from the building to the street. Fresh paint and landscape top off this prize asset that has tons of rental upside!

1036 North GENESEE Avenue

Price: $3,185,000
Units Total: 10
Lot Size: 6,565
Living Area: 8,190
Year Built: 1960
Parking: Yes
Days on Market: 77
Description:

1253 North Orange Grove Avenue

Price: $2,199,000
Units Total: 3
Lot Size: 6,920
Living Area: 2,965
Year Built: 1916
Parking: 6
Days on Market: 237
Description: Voila! Best Opportunity knocking for a keen buyer! This West Hollywood income property is located in LA’s famous historical Fairfax district that morphed in 75 yrs from historical to current hip. A fusion of both iconic glamour, culture and magnetic diversity. This part of town is in the middle of a trendy multi million project development. Nestled in an upscale community next to Beverly Hills, Century City and Bel Air to the West, Hollywood hills on the North and Hollywood to the East. This well kept property, retains a single family dwelling that currently have a 3 bedroom and 2 bath and designated parking spaces. Two units have 2 bedrooms 1 bath in each unit with 4 parking spaces. An investor developer or even a homeowner with a vision can turn this property to be a part of the ongoing evolving progress of this city which opens up a plethora of rich opportunities for the new owner. This income property will deliver it vacant. Please call for showing appointments.

536 North ORLANDO Avenue

Price: $2,895,000
Units Total: 8
Lot Size: 5,737
Living Area: 7,854
Year Built: 1960
Parking: Yes
Days on Market: 98
Description: