Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 5356 LEXINGTON Avenue

Price: $3,750,000
Units Total: 16
Lot Size: 7,500
Living Area: 9,776
Year Built: 1928
Parking: Yes
Days on Market: 55
Description: The Cavalier is a beautiful character building of Spanish Architecture situated in the Hollywood neighborhood of the city of Los Angeles. The property consists of 13 studios with a full-kitchen and one-bathroom as well as three units that are one-bedrooms with one-bathroom. The two-story property was constructed of wood frame and stucco and contains a small basement. The property features a beautiful lobby with a fauxfireplace, tiled flooring, hand painted murals, Moroccan style molding and other attractive features. The units are large and contain impressivefeatures such as original wood flooring, tiled kitchen and bathrooms and other unique features. There is also parking for approximately four vehicles on the south side of the property. The units are individually metered for gas. The property is situated on a 7,500 square foot corner lot zoned (Q) RV-1VL and situated in the transit oriented communities (TOC) Tier 3 zone.

Jurupa Valley, 4030 Hunter Street

Price: $429,950
Units Total: 3
Lot Size: 20,473
Living Area: 2,703
Year Built: 1954
Parking: 7
Days on Market: 40
Description: Great investment duplex property currently on monthly leases generating $2,900 per month from the first unit with 3 bedroom, 1 bathroom, a second unit with 4 bedrooms, 3 bathrooms and a bonus room with ½ bath. Sitting on a ½ acre lot this property is waiting for an even greater return on investment by increasing rent to meet market comps, renting out 5 single door garages and building additional units for even more income. This desirable form of residency for multi-families, college students attending UCR or other colleges in the area will not be left vacant.

Cherry Valley, 10417 Nancy Avenue

Price: $598,700
Units Total: 0
Lot Size: 42,253
Living Area: 2
Year Built: 1973
Parking: 3
Days on Market: 166
Description: This is a beautiful one story estate, and a great income producing property, property was originally operated as a senior care assisted living manor please see “Ashton Manor Cherry Valley website” to view the business that it had operated, Property is currently used as a rental. The estate also offers a separate 400 square foot building separate from the main house that can be rented out. This is a rare opportunity!

15990 Highland Springs Ave

Price: $1,495,000
Units Total: 5
Lot Size: 1,299,830
Living Area: 0
Year Built: 1970
Parking: 8
Days on Market: 25
Description: Nestled and hidden, this gorgeous property is located next to an animal preserve. Accessible through private gate with keypad entry. Private road. Close to major shopping, restaurants and 10 freeway. Room to build your dream home while you live in a 2 bedroom modular house with garage. Four-Plex Apartments generate income – each apartment is 500 sq.ft – 1 bedroom, 1 bath, living room, kitchenette. 12 Stall barn that includes Kitchenette / Office area, Tack Room, Groom Stall, Feed Storage. Barn is a raised center isle. Covered, lighted, block walled Round Pen with watering system and viewing area. Metal Shop building with office, bathroom / shower and laundry – TONS of storage is approximately 5,000 sq.ft. 1,800 square foot block and steel constructed Garden House to grow your crops! Predator Proof Aviary Coop and Storage. Room for lots of Chickens! TWO 5,000 Gal water tanks. Water supplied by the City of Banning Water Co. Electricity is SCE – upgraded 400 amp Electric Panel. Zoned Agricultural.

Jurupa Valley, 10056 60th Street

Price: $975,000
Units Total: 1
Lot Size: 263,974
Living Area: 1,073
Year Built: 1922
Parking: 2
Days on Market: 111
Description: Home sits off the street. One of the last large parcels in Jurupa Valley Ca. With 6.06 acres Home is a 4 bedroom with the charm and warm feeling of a true farm house. Property has room to add to the house or build another. Income is from the cell tower, and another tenant that is farming. Very beautiful views of the mountains and

14140 BLUE RIBBON Lane

Price: $880,000
Units Total: 2
Lot Size: 91,040
Living Area: 2,112
Year Built: 1984
Parking: Yes
Days on Market: 189
Description: Development Opportunity in the fast-developing city of Moreno Valley. This 2.09 Acre parcel of land is zoned Office Commercial (OC) with Medical Overlay making it designated for the development of structures to house medical related businesses and / or professional offices, assisted living facilities as well as other types of businesses WITHOUT the need for a conditional use permit. Ideal for the development of medical offices for out-patient services for the Riverside University Health System Medical Center which is just South of the property. Could be sold with 14050 and 14100 Blue Ribbon Lane. Contact agent for full offering memorandum.

Alhambra, 225 Palmetto Drive

Price: $4,500,000
Units Total: 15
Lot Size: 16,553
Living Area: 11,110
Year Built: 1963
Parking: Yes
Days on Market: 54
Description: MacroReal Commercial, Inc. Is pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. THERE ARE APPROXIMATELY 14% UPSIDE IN GROSS POTENTIAL RENTS. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom / one-bath units, 7 two-bedroom / one-bath units, and 1 three-bedroom / two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition.

114 South Marguerita Avenue

Price: $2,260,000
Units Total: 5
Lot Size: 7,550
Living Area: 5,502
Year Built: 1978
Parking: Yes
Days on Market: 21
Description: 5 units apartment located in the heart of Alhambra, within close proximity to shops, bus stops, restaurants and markets. The front unit is a 2-story townhouse with 5 bedrooms and 3 baths, central AC, recently remodeled. Unit #2, #3, #5 are 2 bedrooms / 1 bath. Unit #4 is 1 bedroom + den / 1 bath. Each unit has individual gas and electric meters. 10 parking spaces. Laundry room provides additional income. Potential to increase rent. Easy management.

Alhambra, 2564 Loma Vista Drive

Price: $1,150,000
Units Total: 3
Lot Size: 9,739
Living Area: 2,752
Year Built: 1958
Parking: 4
Days on Market: 28
Description: **3 units in a great neighborhood in Alhambra** Live in one and rent the others! First time on the market in over 30 years. Front house has a large front yard and fruit trees. Fireplace, formal dining room, breakfast area in kitchen. Large covered patio, great for entertaining. Has a 2 car detached garage. Rear has a duplex, 2 bedrooms, 1 bath each. Upper unit has a large covered patio, and lower unit has a private back yard. The duplex shares a second two car garage and has additional driveway parking for 2-3 cars. Pretty original but lovingly maintained over the years. Great for owner / user. Situated in a quiet residential neighborhood. Shown by appointment only, call for appointment.

Alhambra, 1237 South Chapel Avenue

Price: $758,880
Units Total: 2
Lot Size: 5,389
Living Area: 1,494
Year Built: 1924
Parking: 4
Days on Market: 47
Description: Welcome to the duplex at 1237 S Chapel. This rare property nestled in one of Alhambra’s most sought-after neighborhoods within walking distance to Almansor Park and Valley Blvd which is famously vital for its growing professional and business sector that includes many markets, eateries and other service-oriented businesses such as physicians, banks and enterprises that accommodate the burgeoning Asian community. Prominent Alhambra Schools, near all the great commodities Alhambra has to offer, and close to DTLA. This spacious Duplex offers a front unit which is a single level 3 bedroom and 1-bathroom Craftsman home with an abundance of character. Original hardwood floors and Crown molding throughout plus original built-ins around the large dining room. Large windows throughout, pleasantly warms the home with natural lighting. There is an indoor laundry area just off the kitchen. The Second unit is a studio bedroom with full kitchen and bath plus room to expand by adding 1 or even 2 bedrooms. The three-car garage under the unit is very large with storage, a sink and washer and dryer hookups. There is plenty of parking as well as side parking on the lot. An inviting backyard works well for entertainment. This home is perfect for investors and first-time home buyers looking for extra income. Come see this fantastic opportunity to own a gem which is the best Alhambra has to offer!

Alhambra, 1825 CEDAR Street

Price: $2,190,000
Units Total: 6
Lot Size: 9,510
Living Area: 4,423
Year Built: 1952
Parking: Yes
Days on Market: 18
Description: 6 Unit Apartment in the Highly Desirable City of Alhambra – Non Rent Control with Over 25% Rental Upside Potential – Detached 3 Bedroom Owners Unit – Individually Metered for Gas and Electric – Laundry Facility On-Site for Additional Income – 8 Total Parking Spaces – (1) Two Car Garage and (6) Carports –

Alhambra, 417 South 5th Street

Price: $998,000
Units Total: 2
Lot Size: 8,050
Living Area: 2,040
Year Built: 1923
Parking: 4
Days on Market: 112
Description: Well Maintained 2 Units in Prime Location of Alhambra. . 1st. Time on the Market in 30 + years! Quiet and Convenient Location: Walking Distance to Shopping, Restaurant and Bus Stations. Lot Size: 8050 Sq. Ft., Large 2-Car Garage built in 1992 (per city permit record), Extra Parking Spaces available. . Front House currently has 3 bedrooms and 2 baths with a living area of 1500 Sq. Ft. Back House currently has 2 Bedrooms and 2 Baths, with a living area of 540 Sq. Ft and a Storage Room (per city permit record)

Alhambra, 1806 South Chapel Avenue

Price: $875,000
Units Total: 3
Lot Size: 11,250
Living Area: 3,094
Year Built: 1931
Parking: 6
Days on Market: 6
Description: Triplex in Alhambra. There are 3 different buildings. Very interesting income property.

Alhambra, 702 North Bushnell Avenue

Price: $1,197,880
Units Total: 2
Lot Size: 7,640
Living Area: 3,246
Year Built: 1924
Parking: Yes
Days on Market: 4
Description: Welcome to 702 and 704 N Bushnell, Alhambra charm at its finest. This wonderful 1924 beautifully maintained Craftsman Bungalow has been uplifted and cared for by the current owners. With restored woodwork in the living and dining rooms, this 3bd 2ba home offers a functional floor plan, updated kitchen and bathrooms, refinished original hardwood flooring, and Craftsman details throughout the home that can’t be missed. Other features include new energy efficient windows, new energy star rated central AC, functional built-ins in Living and Dining rooms, brick fireplace, separate laundry / mud room. TWO ON A LOT with an updated back house with 1 bed and 1 bath plus a den used as bedroom number 2. Both the front and back home have yards that are low maintenance. Located in highly sought after North Alhambra, a short walk to Alhambra Park. WHAT’S TO LOVE: Fantastic area and street bordering South Pasadena. Both homes refinished recently with new kitchens, bathrooms, electrical, heating / ac, windows, appliances, siding, insulation and much more. Street filled with well maintained Craftsman style homes, some over 100 years old. Property has original horse barn, being utilized for storage. Very unique and rarely available. Both homes have own utility meters including water. FRONT HOUSE 2,378 sq.ft and BACK HOUSE 868 sq.ft. Mature Avocado tree. This is home.

Alhambra, 2415 West Grand Avenue

Price: $899,000
Units Total: 2
Lot Size: 7,850
Living Area: 1,864
Year Built: 1921
Parking: 2
Days on Market: 19
Description: Beautiful 2 Craftsman Bungalows (duplex) on 1 lot in northern Alhambra / adjacent to South Pasadena. Remodeled and restored front house features 2 beds / 1 bath with original hardwood floors, built-ins, lots of fantastic original hardware, wood trim and casings. This warm home has a library area featuring built-in bookcases and original drop-front desk, and the dining room features a built-in sideboard and French doors that open to the side porch. The bright open kitchen has been updated with a period feel and features imported Italian tiles for the counter-top, a charming breakfast nook, refinished / stained wood floors, and a convenient laundry room. The detached 2nd unit home in the rear boasts 2 beds / 1 bath, hardwood floors, built-in cabinets, inside laundry, full kitchen, and wonderful charm.

Anaheim, 750 North Sabina Street

Price: $690,000
Units Total: 2
Lot Size: 5,663
Living Area: 1,691
Year Built: 1956
Parking: 3
Days on Market: 8
Description: This is a duplex. Each unit has two bedrooms and one bath. Front unit has one car garage; back unit has attached garage. The property is close to shopping center and easy access to freeway access. Very good tenants want to stay. PLEASE DO NOT DISTURB TENANTS.

Arcadia, 148 La Porte Street

Price: $750,000
Units Total: 3
Lot Size: 7,998
Living Area: 1,632
Year Built: 1947
Parking: 1
Days on Market: 516
Description: THIS IS A GREAT OPPORTUNITY FOR INVESTOR OR OWNER-USER. THE PROPERTY LOCATED IN NORTH ARCADIA, WITH EASY ACCESS TO 210 FWY. CLOSE TO SHOPS, 24 HR FITNESS, POST OFFICE, BANKS, HOTELS AND RESTAURANTS. ***ZONING IS INDUSTRIAL / LIGHT MANUFACTURING (M1 ZONE). SOLD FOR LAND VALUE, “AS IS” NO WARRANTIES EXPRESSED OR IMPLIED BY SELLER OR AGENT. NO REPAIRS OR CORRECTIONS BY SELLER. DBO-DO NOT DISTURBS OCCUPANTS. ALLEY IN REAR. BUYER TO CHK W / CITY FOR USES. PROPERTY IS CURRENTLY USED AS TRIPLEX.

Arcadia, 150 La Porte Street

Price: $700,000
Units Total: 2
Lot Size: 7,998
Living Area: 1,822
Year Built: 1950
Parking: Yes
Days on Market: 516
Description: THIS IS A GREAT OPPORTUNITY FOR INVESTOR OR OWNER-USER. THE PROPERTY LOCATED IN NORTH ARCADIA, WITH EASY ACCESS TO 210 FWY. CLOSE TO SHOPS, 24 HR FITNESS, POST OFFICE, BANKS, HOTELS AND RESTAURANTS. SOLD FOR LAND VALUE, “AS IS” NO WARRANTIES EXPRESSED OR IMPLIED BY SELLER OR AGENT. NO REPAIRS OR CORRECTIONS BY SELLER. DBO-DO NOT DISTURBS OCCUPANTS. ALLEY IN REAR. BUYER TO CHK W / CITY FOR USES. PROPERTY IS CURRENTLY USED AS DUPLEX. –

Arcadia, 600 Arbolada Drive

Price: $1,688,000
Units Total: 1
Lot Size: 16,215
Living Area: 2,332
Year Built: 1951
Parking: 3
Days on Market: 138
Description: Don’t miss this beautiful property on a large lot in one of the finest neighborhoods of Arcadia! Charming home on an landscaped lot of approx. 16,215 sq. Ft. With private courtyard, pool, open patio surrounded with lush foliage and fruit trees. Gorgeous mountain views of the Foothills within the Santa Anita Oaks neighborhood of Arcadia. Featuring 3 bedrooms and 2.5 bathrooms with approx. 2,332 sq. Ft. Of living space. Updated Kitchen with stainless steel appliances, mosaic tile, and American Walnut butcher block countertops. Formal Living Room, large Family Room and Dining Room all open to relaxing courtyard overlooking the professionally landscaped backyard. Other amenities include 3-Car detached garage, electronic security driveway gate, built-in storage and dual A / C and heat. Minutes from Arcadia Schools, Santa Anita Mall and Racetrack, Arboretum, restaurants, supermarkets and more! Property is currently leased to a tenant for $4,380 a month.

1512 South Santa Anita Avenue

Price: $1,980,000
Units Total: 3
Lot Size: 31,836
Living Area: 2,919
Year Built: 1924
Parking: 2
Days on Market: 55
Description: Builder’s delight! Build your own dream home! There are currently 3 detached homes in this very large lot of approximately 31,824 Sq. Ft. (per assessor) The front unit features 2 bedrooms, 1 bath and 1 car garage. The rear unit is 3 Bedrooms, 2 Baths and 1 car garage. The third unit is a 1 bedroom, 1 bath unit. All Units are currently vacant This is a great opportunity to live in central Arcadia within the award winning Arcadia School District and close all amenities. Buyer to verify all information and requirements with the City of Arcadia. LAND VALUE ONLY! Seller will not do any repairs of any kind. Easy to show, no need for appointment, go direct and walk around, no access to units, as this is being sold for Land Value Only!

Arcadia, 855 West Huntington Drive

Price: $15,750,000
Units Total: 42
Lot Size: 55,507
Living Area: 34,972
Year Built: 1953
Parking: 66
Days on Market: 44
Description: Huntington Place – 855-875 W Huntington Drive is a prominent 42-unit value-add apartment community located in the highly desirable City of Arcadia, CA. This offering presents an extremely rare opportunity for investors to acquire one of largest apartment community in the affluent City of Arcadia, CA. The property is being offered as one of the highest CAP Rate and lowest GRM in comparison to Arcadia multifamily sales comparable in the past 12 months! The property is unique due to its size and its superb location just a block away from the highly popular Westfield Santa Anita Mall and Santa Anita Race Track, providing unparalleled access to some of the main attractions in the West San Gabriel Valley submarket. The property is located within the prestigious and desirable Arcadia Unified School District and enjoys superb demographics of $110,749 average household incomes within a 3-mile radius. It is surrounded by newer townhomes on its east and west side, and single-family residential community on its north side. The property is a two-story garden style apartment community with a beautiful center courtyard and ample parking in both the front and back. It was built in 1953 and has a total of ±34,972 sq.ft of building area on an oversized lot of ±55,503 sq.ft. The property consists of 3 different parcels and buildings.

Arcadia, 601 Windsor Road

Price: $2,199,800
Units Total: 5
Lot Size: 7,566
Living Area: 4,388
Year Built: 1962
Parking: 8
Days on Market: 47
Description: EXTREMELY WELL MAINTAINED 5 UNIT APARTMENT COMPLEX IN A PRIME ARCADIA LOCALE. Current rents are all below market leaving tremendous upside for a new owner who has owned the building since 1984. The total gross income annually is currently at $89,280 and the potential with rent increases is $106,080 which would offer a 4.82% cap rate. The numbers include profit on the leased laundry which is only calculated at $40 per month, additional units could be added. All units have been remodeled throughout including new flooring, crown and base moldings, updated kitchens, remodeled bathrooms and more. The buildings exterior is in excellent condition offering a brick skirting around the front, new dual paned windows, shutters, rain gutters, exterior lighting, a newer roof and manicured with professionally landscaped grounds. Five covered parking spots, each with personal storage spaces in front of the units. Interior photos of the units are shown in the photo slideshow.

Artesia, 11500 186th Street

Price: $6,890,000
Units Total: 12
Lot Size: 22,261
Living Area: 17,638
Year Built: 2014
Parking: 27
Days on Market: 55
Description: Triqor Group is pleased to present The Townhomes on 186th, a 12-unit community located in Artesia, California. The Townhomes on 186th was built in 2014, boasting 6 large three-bedroom / three-bathroom + den townhome style units and 6 large two-bedroom / two-bathroom + den townhome style units. Each unit offers an open floor plan with lots of natural sun light, granite countertops, hardwood floors, central A / C and stainless steel appliances (select units). The exterior of the property features attached garages, interlocking driveway pavers, and premier drought conscious landscaping. The Townhomes on 186th offers an investor the opportunity to own a newer constructed stabilized asset with a 4.4% cap rate on market rents. The Townhomes on 186th are located in Artesia, CA a city in southeast Los Angeles County. Artesia is one of LA County’s Gateway Cities sitting between the City of Los Angeles, Orange County, and the Pacific Ocean. It is surrounded on the west, south and east sides by Cerritos, with Norwalk to the North. The property is located within minutes from the 605 and 91 Freeway’s with a short walk to The Cerritos Shopping Mall. The Townhomes on 186th is part of the ABC Unified School District which is nationally recognized as a leader in education planning, innovation and outstanding educational programs. The ABC School District combined with the central location between two major metro centers make Artesia an ideal place to live.

Avalon, 117 Clarissa Avenue

Price: $2,990,000
Units Total: 6
Lot Size: 2,722
Living Area: 7,512
Year Built: 2006
Parking: 4
Days on Market: 335
Description: This is RARE opportunity to own an investment / income producing property on the beautiful Island of Catalina. The units total 7512 sq.ft of living / commercial space on 3 levels, with a roof top ocean view deck. DOUBLE LOT -Lot size is 2722. Per Assessor The property offers: 3 office spaces, 2 residential- 2 bedroom units and a fully operational garage / golf cart service on the lowest level. The land is fee simple and all units are presently fully occupied with long term reliable tenants in both offices and residential. Property taxes also include sewer and trash fees (1.25%)