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To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 760-840-2300...

1545 Obispo Avenue is a turnkey 8-unit multifamily investment opportunity located in the highly desirable Eastside submarket of Long Beach. The property features a rare 100% two-bedroom, one-bathroom unit mix, with all interiors renovated to a consistent, modern standard. Upgrades include quartz countertops, shaker-style cabinetry, vinyl plank flooring, stainless steel appliances, and contemporary finishes throughout—creating operational efficiency and a cohesive tenant experience. Originally constructed in 1963, the asset has benefited from approximately $475,000 in capital improvements, materially reducing near-term capital expenditure exposure. Improvements include new copper plumbing, electrical panel upgrades, exterior stucco enhancements, new windows, and a resurfaced second-floor walkway. These upgrades significantly mitigate deferred maintenance risk and help address insurance underwriting concerns. Additional amenities include on-site laundry facilities and rare on-site parking for 11 vehicles (one garage and ten tandem surface spaces), a notable competitive advantage in this infill Long Beach location. Strategically positioned within walking distance to Orizaba Park and just over a quarter mile from Belmont Center, the property offers convenient access to neighborhood retail and daily amenities. Immediate proximity to Pacific Coast Highway provides seamless connectivity to California State University, Long Beach, Long Beach City College, and key coastal employment corridors. This offering represents a compelling opportunity to acquire a stabilized, renovated coastal asset with strong fundamentals and durable long-term income potential.

Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diego’s rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Don’t miss this competitively priced investment—perfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

Tremendous development opportunity offering current income-producing units. Ideal location in the heart of Northeast Los Angles at the junction of Glassell Park, Eagle Rock, and Highland Park, 1550 El Paso Drive presents a compelling mixed-use asset ideal for the savvy investor. On a large 14,000sqft plus lot, the property features 11 units on a mixed-use-zoned lot with strong street visibility along one of Northeast Los Angeles' most prominent commercial corridors, surrounded by some of the city's hottest new shopping, dining, and neighborhood destinations.Located just minutes from neighborhood anchors such as Occidental College, the property sits within the vibrant Northeast Los Angeles submarket encompassing Eagle Rock, Highland Park, and Glassell Park. Together, these communities represent a combined population of over 110,000 residents with rising median household incomes, a highly educated workforce, and a strong concentration of young professionals, creatives, and long-term homeowners. The area is known for its thriving retail and dining scenes along Colorado Boulevard, York Boulevard, and Figueroa Street, as well as its proximity to major employment centers in Downtown Los Angeles, Pasadena, and Glendale.With strong neighborhood demographics, walkable lifestyle amenities, and continued growth across Northeast LA, 1550 El Paso Drive offers a rare opportunity to acquire a well-located mixed-use property with stable in-place income and long-term upside in one of Los Angeles' most sought-after urban neighborhoods.

Luxury Live Auction! Bidding to start from $2,500,000! 2023 NEW BUILD yielding an exceptional 6.4% CAP RATE. This non-rent-controlled (5) unit asset is thoughtfully designed across three separate buildings, offering both architectural appeal and operational efficiency. The first & second buildings each feature a spacious 4-bedroom / 4-bathroom residence and a 3-bedroom / 3-bathroom unit. The third building consists of a detached ADU offering a well-designed 1-bedroom / 1.5-bathroom layout. All units showcase modern open-concept designs with high ceilings, recessed lighting, modern flooring, stone countertops, custom cabinets and contemporary kitchens equipped with stainless steel appliances and gas ranges. Units include central HVAC and in-unit washer and dryer. The larger (3) and (4) bedroom residences each offer private 2-car garages with EV charging capability, enhancing tenant appeal and long-term rent durability. Each unit is separately metered for electric, gas, and water and includes solar panels with individual meters — supporting efficient expense management and strong NOI performance. Strategically located just west of Figueroa and south of Vernon Avenue, the property sits minutes from USC, Downtown Los Angeles, Exposition Park, BMO Stadium, and major employment hubs — driving consistent tenant demand from students, professionals, and families alike. In summation, this turnkey 2023 new build asset combines modern construction, strong in-place income, and long-term appreciation potential in one of Los Angeles’ most active rental corridors.

We are pleased to present for sale a rare two-unit investment opportunity in the heart of Silver Lake. Built in 1990, this well-maintained three-story property features two spacious units, each offering five bedrooms and three-bathrooms of approximately 1,900 square foot each. Both residences enjoy private balconies with breathtaking views of the surrounding hills and the Downtown Los Angeles skyline. Additional amenities include central heating/cooling, an on-site laundry room, and a large community deck perfect for hosting gatherings. 4 parking spaces are available to tenants, 2 covered and 2 carport. The property has also been enhanced with new exterior security lighting and a CCTV camera system around the building for added safety. Nestled on a picturesque street lined with architecturally charming homes, the property sits at the top of the historic Micheltorena Steps, with approximately 200 steps leading directly down to Sunset Boulevards vibrant dining, shopping, and entertainment scene. Showcasing a true pride of ownership, the property has been meticulously maintained and presents an exceptional opportunity in one of Los Angeles most sought-after neighborhoods. 958-960 Micheltorena St is currently 100% occupied, providing stable and consistent cash-flow, making it an excellent opportunity for a 1031 Exchange Buyer seeking dependable income in a prime location. Contact Listing Agent for Offering Memorandum.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 760-840-2300...

PLEASE DO NOT DISTURB THE TENANTS This is a 2-unit multifamily duplex for sale located at 4980-4982 La Jolla Blvd, San Diego, CA 92109. Built in the 1950's, the property contains approximately 1,824 square feet of rentable space situated on a ±6,771 square foot lot, providing a well-located coastal housing investment with long-term appreciation potential. The property features a combined total of four bedrooms and two bathrooms across two residential units with a detached garage, offering flexibility for long-term rental income in a neighborhood characterized by strong housing demand and limited multifamily supply. This is the first time the property has been on the market in decades. This is one of four duplex properties the seller has listed for sale.

Prime Mid-City Value-Add Opportunity! Nestled in one of LA’s most desirable rental corridors, this well-maintained 6-unit apartment building at 1942 S Sherbourne Drive offers a rare chance to secure stable income with upside. The gated property features upgraded, spacious units—each with in-unit laundry—and assigned on-site parking. Tenants enjoy easy access to the 10 Freeway, Culver City, Downtown, and the La Cienega/Jefferson Metro station. With strong current income, separately metered gas/electric, and low operating expenses, this property is ideal for investors seeking long-term appreciation, solid cash flow, and potential rent growth in a high-demand submarket.