Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Chino, 4330 Walnut

Price: $1,198,000
Units Total: 2
Lot Size: 36,626
Living Area: 1,300
Year Built: 1930
Parking: 2
Days on Market: 8
Description: Excellent L shaped lot with 2 house and huge lot for building 7-9 2 story homes. See listing for 12455 Norton, chino. 12 parking spaces and each home has garage. Zoned for about 8 new homes. Each property is rented.

Harbor City, 1415 Anaheim Street

Price: $2,799,000
Units Total: 29
Lot Size: 19,078
Living Area: 30,000
Year Built: 2017
Parking: 27
Days on Market: 332
Description: 29 SENIOR CITIZEN APARTMENT / CONDO SITE. 21 – 3 BEDROOM 2 BATH, 8 – 1 BEDROOM 2 BATH. WORKING DRAWINGS INCLUDED. CITY APPROVED ” BY RIGHTS ” PROJECT. . NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY. . QUICK APPROVAL POSSIBLE. 27 CAR SUBTERRANEAN PARKING GARAGE (VENTED NATURALLY) . 2 CONTIGUOUS LOTS INCLUDED. (APN’S 7411-005-017 and 7411-005-018). POTENTIAL PANORAMIC VIEWS FROM 3RD FLOOR. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES. INDIVIDUAL WATER, GAS AND ELECTRIC METERS. PROJECTED ANNUAL GROSS INCOME – $720,000 + . APPROX 6.1 CAP.

Yucca Valley, 7442 Borrego

Price: $169,000
Units Total: 3
Lot Size: 8,100
Living Area: 1,440
Year Built: 1965
Parking: 6
Days on Market: 333
Description: The Borrego apartments consist of 3 units, all separately metered for gas and electric. New roof was installed less than 5 years ago. Small private yards for each tenant. 100% occupied. Well located and within walking distance to shopping, employment and transit. Current EXISTING cap rate is 7.1% with a cash on cash (COC) return of 15.6% that includes principal loan reduction, and PROFORMA cap rate would be 8% with an outstanding cash on cash (COC) return of 19.3% including principal loan reduction. Existing gross scheduled income is $21,000. Please see attached supplements or call broker for more information.

Riverside, 4040 Lindsay Street

Price: $410,000
Units Total: 2
Lot Size: 25,700
Living Area: 1,869
Year Built: 1932
Parking: 0
Days on Market: 97
Description: If you are thinking of buying a farm or ranch here is your perfect opportunity. This property offers 2 houses on the lot. Front house offer 4 bed 1 bath and back house offers 2 bed 1 bath a total of 1,869 sq.ft. Located in the City of Riverside. The land consist of 25,700 sq.ft. Well suited for development. The property is located next to shopping centers, grocery stores a water park for children, schools and many more. Both properties need repairs. This is a perfect opportunity to own a very productive farm. This part of Riverside has been developing, recently new roads and lights have been adopted to serve the residents. You can enjoy watching nature’s colors change on the hillside across the valley and listen to nature’s sounds like birdcalls, or just enjoy the silence. You can easily enjoy both nature and not far prom the property you can also enjoy the beautiful city lights. You can have and enjoy both with relaxing beautiful scenery all around. Front House 4040 Lindsay has 4 bed 1 bath. Back house 4050 Lindsay has 2 bed 1 bath and a small office that is being used as a 3rd bedroom. FHA IS WELCOME! The properties have new plumbing.

Riverside, 3744 Mears Avenue

Price: $1,100,000
Units Total: 2
Lot Size: 43,960
Living Area: 4,130
Year Built: 1947
Parking: 10
Days on Market: 119
Description: ! UNBELIEVABLE OPPORTUNITY! THIS CUSTOM RANCH HOME ON A 1.2 ACRE LOT, HORSE PROPERTY. AN INCOME PROPERTY WITH 2 HOUSES. THE TRANQUIL SETTING OF THIS PROPERTY ON AN ENORMOUS LANDSCAPED. THERE IS ALSO TREMENDOUS POSSIBILITY FOR A DEVELOPER TO PURCHASE THE PROPERTY AND RENT OUT WHILE WORKING ON PLANS TO BUILD ON THE VACANT LAND. THIS BEAUTIFUL PARK-LIKE SETTING IS LOADED WITH MATURE TREES, HAS 4,130 sq.ft, 9 BEDROOMS AND 7 BATHS, WITH 3 KITCHENS, 3 FIREPLACES, GORGEOUS SWIMMING POOL, 2 CAR GARAGE TO PARK 4 CARS, BEAUTIFUL HUGE CARPORT EXCELLENT FOR ENTERTAINMENT. PLUS A VACANT LAND TO TO BUILD ANOTHER HOUSE. CLOSE TO 60 FREEWAY, AND 10 FREEWAY.

Jurupa Valley, 6078 Dodd Street

Price: $775,000
Units Total: 4
Lot Size: 23,087
Living Area: 4,350
Year Built: 1960
Parking: 0
Days on Market: 106
Description: Highlights; Four separate single family dwellings with long term tenants, Competitive Offering Actual CAP Rate of 5.46 % with a ProForma CAP Rate of 5.88 %, Potential 5-7% Increase Gross Rental Income, Competitive Offering Actual GRM of 12.00, Non-Rent Control Community and Area, The Apartment is 100% Occupied and Rental, Comparables Illustrate a 100% Occupancy Area, Residential Neighborhood, Close to Public Transportation and Neighborhood Retail, Large lot with private entrances and yards for each unit. The single family residence community located on Dodd Street is situated on a lot totaling 23,000 Sq. Ft. This four unit single family residence community is comprised of four individual dwellings which include an attractive unit mix of 2 two bedroom / one bathroom units, 1 three bedroom / one bathroom unit and 1 three bedroom / one and a half bathroom unit. The tenants are provided onsite and street parking, individual yard areas and in unit laundry hookups. The property is one of only a few multifamily buildings of its kind on this street, as the rest of the buildings are single family / horse property residences.

Jurupa Valley, 5925 Marlatt Street

Price: $399,000
Units Total: 2
Lot Size: 21,780
Living Area: 1,691
Year Built: 1976
Parking: 3
Days on Market: 72
Description: 3 Bed 2 Bath front house and 1 Bed 1 Bath back house sitting on 1/2 acre. Great Horse Property Starter home with great income. CUSTOM Built horse property, brick fireplace, ceiling fans, 3 stall barn w / electricity and h20, round ring, feed room, separate permitted unit in back w / separate garage and separate electric and plumbing. Great long time tenants in place.

Jurupa Valley, 10402 50th Street

Price: $259,000
Units Total: 0
Lot Size: 8,276
Living Area: 754
Year Built: 1958
Parking: 1
Days on Market: 72
Description: Investors, this house is a great rental income property. The county record has it as a 2 bedrooms and 1 bath, (Bonus room could be a 3rd bedroom) has just been rehabbed with new kitchen granite countertops, new light fixtures throughout, new garage door.

Jurupa Valley, 5448 Troth Street

Price: $410,000
Units Total: 2
Lot Size: 20,038
Living Area: 1,450
Year Built: 1938
Parking: 1
Days on Market: 29
Description: ****INVESTORS*****RENOVATION OPPORTUNITY*** GREAT LOCATION (Mira Loma area), NEAR SHOPPING CENTERS, SCHOOLS, FREEWAY 60 and 15. HORSE PROPERTY, A-1 ZONING, 2 UNITS ON 1/2 ACRE PROPERTY. FRONT UNIT 1 BEDROOM, 1 BATH AND 2ND UNIT IS 2 BEDROOM AND 1 BATH (Their is an addition to 2nd unit that is not permitted. Their is a Code Violation). BOTH HAVE SEPARATE METERS. PROPERTY NEEDS TLC.

Perris, 18183 Haines Street

Price: $695,000
Units Total: 18
Lot Size: 104,544
Living Area: 6,820
Year Built: 1979
Parking: 0
Days on Market: 228
Description: Excellent property for Adult Living facility with 18 bedrooms (potential 36 beds) for possible home care, room and board, special needs, etc. Main house has 9 bedrooms, 3 baths, 2 living areas, 2 offices, dining room and kitchen, etc.,. there is a back house with 9 bedrooms and 2 baths all on a 2.5 acre parcel. The property is currently uses as a boarding house. The zoning is residential / agriculture a boarding house is permitted however any specially adult care regarding any medical treatment will require an adult care license. The property is easily accessible from the 215 Fwy and major surface streets and lies 2.5 miles north of the City of Perris and 3. Miles from March Air Force Base. This property will be purchased in its “as is” condition and vacant with no tenants; income or expenses will not be provided. It should be considered a start up for a new investor / operator.

Alhambra, 403 South Garfield Avenue

Price: $3,850,000
Units Total: 11
Lot Size: 31,732
Living Area: 8,018
Year Built: 1925
Parking: 6
Days on Market: 118
Description: Zoning: Professional Office. Three parcels of 403 S Garfield ave, 400 S 1st Ave and 404 S 1st Ave, the southwest block of Beacon and S Garfield, total 31,732 sq.ft will be sold together. Currently, 403 S Garfield ave is a 9unit multifamily residence with current income of $8,000 / month; 400 S 1st Ave ( $3000 / month Projected income, Vacant) single family residence and 404 S 1st ave ( $3000 / month) single family residence. The city of Alhambra allows a maximum floor area ration of 0.6 of professional office building development. Schematic design is available upon request.

Alhambra, 225 North Valencia Street

Price: $1,399,950
Units Total: 3
Lot Size: 7,932
Living Area: 2,971
Year Built: 1922
Parking: 6
Days on Market: 8
Description: Prime North Alhambra location. 3 detached single family homes located is a desirable area of North Alhambra. These homes were totally renovated in 2015 which includes new roof, new copper plumbing, new electrical, fire sprinklers, new kitchens, new bathrooms, and new a / c units. There are also 3 separate water meters (One for each unit). The seller completed all the work with permits including finishing the attics for extra living spaces which are not included in the assessors data. The front unit is approximately 850 sq. Ft. And consist of 2 bedrooms and 1 bathroom and rents for $1400 / mo. Middle unit is approximately 1,000 sq.ft and consist of 3 bedrooms and 2 bathrooms and rents for $1900 / mo. The back unit is approximately 1,200 sq.ft and consist of 3 bedrooms and 2 bathrooms and rents for $1950 / mo. Very low rents for the area with lots up upside potential. Total gross income (proforma) rents are $81,600 which = about a 5% CAP. Good for owner user or buy as an investment and collect more income. Very convenient location. Close to schools, freeways, transportation, and shopping centers.

Alhambra, 510 North Curtis Avenue

Price: $2,150,000
Units Total: 5
Lot Size: 8,278
Living Area: 4,600
Year Built: 1989
Parking: 11
Days on Market: 60
Description: Very desirable rare find five units built in 1989, all 2 bedrooms 2 bathrooms, one story apartment well designed and built by original owner, same owner for the last 27 years. Spanish tile roof, gated underground parking, each unit with 2 parking spaces, storage area. Units have carpet, vinyl flooring, wood floor in 1st unit, central air and heat, gas stoves and dishwashers. Back of the building has a huge patio area, individual laundry room, separate gas and electric meters. Easy to maintain property for owner user or investor. Excellent upside potential on rents, minutes from restaurants, shopping and park. There are two fans and two fans and two sump pumps located underground.

Alhambra, 133 Elm Street

Price: $1,198,000
Units Total: 4
Lot Size: 12,116
Living Area: 2,708
Year Built: 1952
Parking: 4
Days on Market: 261
Description: Very well kept four units (2 duplexes) in convenient location on a quiet treelined street of Alhambra. Addresses 133,135,137, and 139 Elm Street. Two units with one bedroom, one bath, and two units with two bedrooms, two baths. New windows, new exterior stucco and new A / C units recently installed. Each unit has its own one car garage. Great for investment!

Alhambra, 838 North ATLANTIC

Price: $1,888,000
Units Total: 6
Lot Size: 7,202
Living Area: 5,614
Year Built: 1964
Parking: 8
Days on Market: 406
Description: True pride of ownership abounds in this great 6-unit apartment complex located in residential North Alhambra, adjacent to San Marino. 838 N. Atlantic Blvd. Is comprised of One 3-bedroom unit, Three 2-bedroom units and Two 1-bedroom units. Recent improvements include new electric sub-panels in all units, new water heater and new flooring in some units. This investment opportunity has plenty of upside potential with current rents under market value. All units are bright and spacious and 2 of the 2 bedroom units are recently remodeled. Great potential for owner’s unit with 3 bedrooms, fireplace and street views. Separately metered gas and electric, laundry facilities and covered parking spaces are provided for the tenants. No rent control, amazing neighborhood, low maintenance and high-demand community makes this a perfect addition to any investor’s portfolio.

Alhambra, 829 North Monterey Street

Price: $1,650,000
Units Total: 4
Lot Size: 7,550
Living Area: 4,240
Year Built: 1970
Parking: 8
Days on Market: 1
Description: Located in the prime area of North Alhambra adjacent to San Marino, this fourplex investment property is fully-occupied and well-maintained with rental upside potential. One unit 3 bedroom / 2 bath and its own front yard. The other 3 units are 2 bedroom / 1 bath. Most units have recently been remodeled with updated spacious kitchen cabinetries, granite countertop, wood laminate flooring, stoves and tited bathrooms. Both upstairs units have tite / capet flooring. There are on-site laundry facility, 6 parking spaces in addition to 2 car garage, and ample of storage spaces. This charming, nicely landscaped. Property is Sold “AS IS” in present condition with no repairs, no termite. Drive by only. Please do not disturb occupants. Offer submission pending interior inspection upon Seller’s acceptance of offer.

420 West Linda Vista Avenue

Price: $1,400,000
Units Total: 2
Lot Size: 10,955
Living Area: 2,327
Year Built: 1923
Parking: 4
Days on Market: 186
Description: Wonderful Duplex on large lot – great potential for Investors or developers. Front Unit has 3 Bedrooms 2 bathrooms, Central Air, Fireplace Master Bedroom with master bathroom, great curb appeal, back unit has 3 bedrooms 1 bathroom, Central Air, both units have their own patio areas, inside Laundry rooms for both units, long driveway with plenty of parking, 4 Car Garage, multiple fruit trees, nicely landscaped. Located in a highly desirable Alhambra Area, Great Rents and Income potential, Close to Alhambra Main Street night life. Located near the 710 and 10 freeways. 10 minutes from Downtown L. A., close to shopping and Schools. This is a must see for all Investors and Developers.

Alhambra, 15 South Fremont Avenue

Price: $837,800
Units Total: 3
Lot Size: 8,090
Living Area: 2,204
Year Built: 1948
Parking: 3
Days on Market: 57
Description: GREAT INCOME PROPERTY, JUST SOUTH OF MAIN STREET ON FREMONT IN THE HEART OF ALHAMBRA, CLOSE TO SCHOOLS, 3 UNITS ON A FLAT AND LARGE LOT. PRESENT RENT IS BELOW MARKET. 3 ELECTRIC METERS, 3 GAS METERS. FANTASTIC OPPORTUNITY TO OWN HIGH RENTAL INCOME PROPERTY. LONG TERMS AND STABLE TENANTS. CAN BE ASSESSED FROM THE ALLEY. DO NOT MISS THIS GREAT OPPORTUNITY. PLEASE DRIVE BY ONLY FIRST, DO NOT DISTURB TENANTS. MOTIVATED SELLER.

Alhambra, 114 Marguerita Avenue

Price: $2,130,000
Units Total: 0
Lot Size: 7,550
Living Area: 0
Year Built: 1978
Parking: Yes
Days on Market: 112
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, 315 North Monterey Street

Price: $2,900,000
Units Total: 5
Lot Size: 22,500
Living Area: 6,450
Year Built: 1923
Parking: 6
Days on Market: 106
Description: Rare Investor / Developer Opportunity in fantastic location in North Alhambra! Unique listing for 3 adjacent parcels in a great neighborhood with huge potential. The address for the three individual lots (to be sold and packaged together) are: 305,309,315 N Monterey St., Alhambra CA 91801 The total lot size is 22,500 sq.ft (Total Dimensions are 150′ x 150′). According to City planning, the City states all 3 lots are zoned R3 and up to 15 units can be built with subterranean parking. (Buyer to Verify) There are currently 5 units total on the property. 315 is a SFR and 305 and 309 are both duplexes. 305,305 1/2,309, and 311 are currently collecting $5624 / month in rent (month to month contracts). 315 was completely remodeled in 2003 and is 2,643 sq.ft and should rent for around $3600. The buyer can collect around $9200 every month until the land is entitled and permits are obtained. All Rental agreements can be supplied upon request. The lots are walking distance to Downtown Alhambra with all the wonderful shops and restaurants along Main St, including Edwards Renaissance Movie Theater, Starbucks, Coldstones, Boiling Crab, etc. It is also walking distance to Story Park. Highly desirable location and huge demand for additional housing in this area. Submit your offers today. This one will not last.

Alhambra, 1839 South CURTIS Avenue

Price: $999,900
Units Total: 4
Lot Size: 6,174
Living Area: 1,792
Year Built: 1924
Parking: Yes
Days on Market: 87
Description: ***4-units in great Alhambra neighborhood! *** Cute building with well maintained units. All four units are studios with full kitchens and tremendous upside potential! No rent control! Being sold with tenants. Ample off-street parking with a 2-car garage and plenty of driveway space. Don’t miss this rare opportunity to invest in this area! Don’t wait!

Alhambra, 2909 West Ramona Road

Price: $820,000
Units Total: 3
Lot Size: 6,563
Living Area: 1,898
Year Built: 1929
Parking: 2
Days on Market: 60
Description: 3 Units in the center of Alhambra. Near 10 Fwy with entrance within a mile. Property well maintained. Street parking and driveway. Rear house separate from duplex with rear alley entrance. Good rental area near Fremont.

Alhambra

Price: $888,000
Units Total: 3
Lot Size: 9,091
Living Area: 2,119
Year Built: 1939
Parking: 3
Days on Market: 15
Description: Well maintained triplex close to markets, public transportation, and restaurants. 2 Buildings; One duplex with 2 two bedrooms / 1bath and a 1 bedroom / 1bath above the garage. All units have inside laundry hookup. Two units have been remodeled Large lot of 9091 sq.ft per assessor with mature trees provides great potential. Rents are below market and will give new owner a good upside. 3 car garage with alley access. Please do not walk on property or talk to tenants. No Sign on property

Alhambra, 704 Lindaraxa park

Price: $1,280,000
Units Total: 2
Lot Size: 8,736
Living Area: 3,202
Year Built: 1922
Parking: 5
Days on Market: 36
Description: EXCELLENT INVESTMENT OPPORTUNITY IN A BEAUTIFUL NEIGHBORHOOD OF ALHAMBRA. TITLE SHOW 3 UNITS BUT ONLY 2 UNITS THE 3RD FOR LAUNDRY and STORAGE. Very large lot with back alley. Front house has 4 bedrooms and 3.5 bath (one bedroom with 0.75 bath may or may not have permit) with central air, granite kitchen countertop and hardwood floor, back house is two bedrooms with one bath Owner had upgraded in 2011, with iron fence, installed new roof in front house, installed all new windows and water heater cement pavement for parking area and all round the property, back unit also installed a ductless air conditioner and window air conditioner. Laminated floor.