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  • Long Beach, CA 90802
    $2,500,000
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    Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.
    Berkeley, CA 94703
    $2,500,000
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    Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
    Los Angeles, CA 90007
    $2,500,000
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    5-units residential income property located two blocks away from USC West gate, within the University's 24 hours DPS patrol zone. All units are consists of 3 beds, 1 bath. 3 units have been remodeled, all units are equipped with in-unit laundry hookups, window unit air conditioners, and laminate wood flooring. Subject property is security gated, it has a huge lot and plenty of parking spaces. Current income is below threshold with upside potentials and possibilities to add multiple ADU's or rebuild as a much larger apartment complex. Buyer to verify with the City for all building and zoning requirements.
    Los Angeles, CA 90026
    $2,500,000
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    The Witmer Apartments (280 Witmer St), a 23-unit value-add multifamily opportunity located in the heart of the rapidly evolving Westlake submarket of Los Angeles. Offered at a competitive basis of $115,200 per unit and $221 per square foot, the property features a strong in-place CAP rate of ±7.38% and GRM of 7.96x, providing immediate cash flow with substantial upside potential. The property offers approximately ±35% rental upside, with in-place rents that have historically performed at or above market levels within the Westlake submarket. This presents investors with a compelling opportunity to acquire a well-performing asset with clear pathways to increase revenue through unit renovations and operational improvements. Built in 1927, The Witmer Apartments consist of 23 units totaling ±12,000 square feet on a ±7,710 square foot lot, featuring an efficient unit mix of (22) studios and (1) one-bedroom unit. Units average approximately ±450–500 square feet (buyer to verify) and offer functional layouts that align with strong rental demand in the area. Ownership has completed significant capital improvements, including copper plumbing, a complete electrical panel upgrade, partial roof replacement (pitched portion), updated horizontal drain lines, new gas wall heaters, and a 100-gallon boiler. These upgrades reduce near-term capital expenditure risk, allowing investors to focus on executing a unit renovation strategy and capturing rental upside. Additional value-add opportunities include two vacant basement rooms with potential for storage or laundry income, as well as an underutilized rooftop with direct access and views of Downtown Los Angeles, offering potential for conversion into a tenant amenity space (buyer to verify).
    Palo Alto, CA 94306
    $2,500,000
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    Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish trailhead, and Stanford sports facilities and arenas. The property is strategically surrounded by one of the strongest employment centers in the world, driven by technology, venture capital, healthcare, and higher education.
    Isla Vista, CA 93117
    $2,500,000
    816
    sqft
    1
    Baths
    2
    Beds
    The subject property is located at 6588 and 6590 Madrid Road in Goleta, CA. The property consists of two parcels totaling approximately 10,018 SF with an approximately 816 SF single-family residence. Zoning permits high-density student housing with an underlying density of 20 du/acre. The property is located less than half a mile north of UCSB and just east of the Pacific Ocean. The property is in an excellent location providing the opportunity for a coastal student housing development.
    Los Angeles, CA 90027
    $2,500,000
    3626
    sqft
    3
    Baths
    5
    Beds
    Welcome to 1964 Palmerston Place, a truly rare Los Feliz offering where timeless architecture, rich history, and modern infrastructure come together in one extraordinary residence. Originally designed and occupied by its architect owner, this distinguished property was thoughtfully created as both a residence and professional workspace. The architect lived upstairs while operating his office from the lower level, establishing a live-work concept decades ahead of its time. Throughout its history, the home has had only three owners, a remarkable testament to its enduring appeal. The second owner was a skilled plumber, whose stewardship contributed to the home's well-maintained systems and long-term care. The property has been thoughtfully removed from the rental market and thoughtfully redesigned for single-family use. The upper level has been reimagined into a luxurious 3-bedroom, 2-bath residence by incorporating the former studio, while the lower level offers a comfortable 2-bedroom, 1-bath layout—ideal for multi-generational living, extended family, guests, or a dedicated home office, echoing the property's original purpose. Behind its classic Old World character lies an extensive modernization of nearly every major system. Recent improvements include all-new electrical panels, updated copper plumbing, new central heating and air conditioning, and a completed foundation retrofit, providing today's buyers with confidence and peace of mind while preserving the home's architectural integrity. Situated on a picturesque street in one of Los Feliz's most desirable neighborhoods, this exceptional residence offers approximately 3,626 square feet of versatile living space that seamlessly blends historic significance with contemporary comfort. Opportunities to own a home with this level of provenance, thoughtful restoration, and flexibility are exceptionally rare. Note: this property has had tenants removed through the Ellis Act and is being sold as for single family use. Possible ADU build in very rear of backyard - check with city for usage / allowances - rear also has a three-car garage to store/park all your toys A legacy property with an extraordinary story—ready for its next chapter.
    San Marcos, CA 92078
    $2,500,000
    4011
    sqft
    5
    Baths
    5
    Beds
    Welcome to paradise in the exclusive Azure community, located just minutes from the vibrant downtown San Elijo Hills town center. Encompassing a sprawling 0.76 acres, this remarkable estate has the largest lot in the entire development and features magnificent, park-like grounds that simply cannot be replicated. It is a rare property that must be experienced in person. Designed as the ultimate private retreat, the expansive backyard offers a lifestyle of wellness, entertainment, and relaxation, featuring a private, regulation-size pickleball court, a dedicated outdoor wellness area, a cozy firepit and built-in grill setup for dining, and lush landscaping and mature fruiting trees. Spanning over 4,000 square feet of beautifully maintained living space, the home is masterfully oriented so that almost every room captures views of the breathtaking grounds. The main level has a welcoming guest bedroom and full bathroom, offering the perfect setup for visitors or multi-generational living. The floor plan unfolds into multiple great rooms, formal dining spaces, and a private den. The attached three car garage features an extended layout in the back, ideal for a dedicated workshop or hobby station. The second level has a luxurious primary suite complete with two independent walk in closets and a tastefully designed suite bathroom. Three additional bright bedrooms and two more full bathrooms provide plenty of space for family and guests. The San Elijo Hills lifestyle means embedding yourself in one of San Diego County’s most dynamic, amenity-rich master-planned communities. Residents enjoy top-rated schools, ball fields, dog parks, playgrounds, and a bustling town center packed with local shops and eateries. For outdoor enthusiasts, the neighborhood boasts 18 miles of scenic trails, a 19-acre community park, and over 1,000 acres of protected open space. Embrace the very best of Southern California's coastal living all just a short drive from world class beaches and everything San Diego has to offer.
    San Francisco, CA 94115
    $2,500,000
    2502
    sqft
    3
    Baths
    5
    Beds
    To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 760-840-2300...

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