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This prime investment opportunity contains a 5.23% Cap Rate and 13.80 GRM. The property is a beautifully renovated 4-unit residential asset in the highly desirable North Redondo Beach location. The asset consists of a triplex plus a newly constructed detached 3-bedroom/2-bath ADU. The asset contains an outstanding unit mix of a 3-bedroom/2-bath house with private yard, a 3-bedroom/2-bath ADU, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit. All units have been thoughtfully upgraded with modern kitchens and bathrooms, and each unit contains new Whirlpool washers and dryers. The property has undergone capital improvements including new roofs, new windows and copper plumbing upgrades. Situated on a large 7,500-SF lot with 5 parking spaces, the property also boasts excellent curb appeal with fresh exterior paint, stucco repairs, and new lighting completed in 2024. Ideally located near Hermosa Beach Pier, Pier Avenue, King Harbor, and the Redondo Beach Pier, the asset offers tenants convenient access to premier coastal dining, shopping, and recreation. This residential property presents a compelling owner-user opportunity while also delivering strong in-place financials. Additionally, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With eligibility for attractive 1-4 unit residential financing, this turnkey asset represents a rare opportunity to acquire a stabilized asset in a highly sought-after location.

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

BACK ON MARKET.Lot 537.Ideal large usable site on cul-de-sac with east facing backyard

The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 5.5% CAP Rate on current income, with upside potential to a 7.0% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.

A rare opportunity to own one of only five homes in Waterford with unobstructed views across the lake. This immaculate 4 bedroom, 4.5 bathroom architectural gem was designed by the celebrated Narendra Patel. Waterford is a beautiful Custom Home Development perfectly positioned in the heart of Rancho Mirage. Close to several top flight Country Clubs.This home exudes warmth and elegance and has been lovingly cared for since its construction by the present owner.The open plan great room with dramatic fireplace has that special sought after view overlooking the beautiful Waterford lake. Short walking distance to the private tennis courts within the development.

Tuscan Elegance in Griffin Ranch Welcome to your Tuscan masterpiece in the heart of Griffin Ranch! This exquisitely crafted estate, built in 2007, spans nearly 5,500 square feet and sits on an expansive 25,000+ square foot corner lot. Designed for luxurious living, the home offers four spacious bedrooms--including a private casita with separate access--five bathrooms, and a three-car garage.Step inside to a grand open floor plan where every detail reflects quality craftsmanship. Travertine floors, large baseboards, crown molding, and solid-core doors elevate the interior, while a gourmet double-island kitchen features granite slab countertops, Wolf and SubZero appliances, and a wet bar--perfect for entertaining. A custom projection entertainment system, three fireplaces, and intricate window treatments enhance the ambiance.The master retreat is a sanctuary of comfort, complete with a sitting area, makeup vanity, oversized walk-in shower, jetted soaking tub with a fireplace, and an expansive walk-in closet. Each guest suite offers an en suite bath and generous closet space.Outside, a private paradise awaits. A massive sliding stack door seamlessly connects the indoor and outdoor living spaces, leading to a covered patio, a resort-style pebble-tech pool and spa, and a built-in BBQ area with a sink and mini fridge. Lush landscaping frames the breathtaking views, creating an idyllic retreat.

Welcome to this stunning Toll Brothers built estate located in the prestigious, guard-gated community of Porter Ranch. This exceptional 5-bedroom, 6-bathroom luxury residence offers impeccable craftsmanship, high-end upgrades, and refined architectural elegance throughout. Privately situated at the end of a quiet cul-de-sac, the home sits on one of the largest lots in the community at just under 20,000 square feet; offering both privacy and incredible potential. The lot is currently unfinished, providing endless opportunities to customize your own gorgeous and spacious indoor-outdoor living retreat, complete with space for a pool, outdoor kitchen, entertainment areas, or lush landscaping.The exterior showcases Mediterranean-inspired design with a turret-style grand entry and timeless stone accents. Inside, you're greeted by a dramatic herringbone-patterned hardwood floor entryway, soaring ceilings, and expansive windows that bathe the home in natural light. The gourmet kitchen is a culinary dream, outfitted with Sub-Zero and Wolf appliances, custom cabinetry, quartz countertops, and double islands while an additional gourmet prep kitchen provides the ideal setup for entertaining. The open-concept layout flows into elegant living and dining spaces, complemented by a Beam central vacuum system, smart home wiring, and designer lighting and finishes throughout.Upstairs, the spacious primary suite serves as a private retreat with a cozy gas fireplace, a serene patio, and a spa-inspired bathroom featuring four rainfall shower heads, dual vanities, and his-and-hers walk-in closets. All secondary bedrooms feature en-suite, providing comfort and privacy for family and guests. Enjoy two premium built in 5.1 surround sound systems and a total of 22 speakers throughout home. The attached two-car garage includes an upgraded epoxy floor and additional space for storage. This remarkable home is located near top-rated Porter Ranch Community and Sierra Canyon Schools, scenic trails, and the upscale shops and restaurants at the Vineyards at Porter Ranch. With its oversized lot, luxurious design, and unbeatable location, this is a rare opportunity to own a true showpiece in one of the most desirable communities in Los Angeles.

At the end of a private drive, this Santa Barbara-inspired Spanish retreat reveals itself against sweeping vistas of Boney Mountain and the Santa Monica Mountains. A dramatic lion fountain marks your arrival, hinting at the artistry found throughout.Set on over an acre with neighbors on only one side and open space in front, the property offers privacy and perspective. Nearly 3,700 square feet unfold with warmth and intention. Designed for the ease of single-story living, subtle level transitions add dimension and create a natural rhythm between gathering spaces and private retreats.Striking murals adorn the exterior of the home as focal works of art, each telling its own story. A bronze statue of Diana the Huntress, an ox cart yoke repurposed as the living room mantle, and a didgeridoo reimagined as a banister rail add depth and individuality, creating a home that feels curated rather than constructed.The kitchen anchors the living spaces with a 36 inch Wolf six-burner range, Thermador warming oven, built-in refrigerator, and a full-height wine refrigerator with capacity for 60 bottles. An oversized granite island, breakfast nook, dedicated workstation, extensive storage, and wood beam ceilings add warmth and functionality. The double-sided fireplace defines the expansive living and family rooms, creating two distinct yet seamlessly connected spaces equally suited for entertaining and everyday living.The primary suite captures sweeping vistas and features an oversized walk-in closet. On the opposite wing, a spacious bedroom with its own ensuite bath offers privacy for guests or extended living. Down a separate hallway, two additional bedrooms, one currently an office with custom built-ins, share a generous Jack-and-Jill bath, with a guest powder room nearby.Outdoors, mountain views stretch across the horizon, with sunsets that paint the sky in remarkable color. A dipping pool and spa, outdoor kitchen beneath a brand-new pergola, stone fireplace, and a five-hole putting green create an environment made for gathering. Along the edge of the property, a nature walking path leads to a quiet overlook, a place to pause and reflect.Just off the kitchen, a generous light-filled laundry room with a wall of cabinetry offers direct garage access and a separate exterior entrance from the driveway. An attached one-car garage and a separate over-sized two-car garage with ADU potential add flexibility.Some homes are admired. This one is experienced.

Prestigious Summit Pointe Estate Gated Community With 24 Hour Security Guard, Breathtaking View of City Lights, Mountains, and Surrounding Hills, Approximately 4,247 Square Feet of Gracious Living Space, 5 Bedrooms, 4.5 Bathrooms, and Open Loft, Grand Entry With Soaring Cathedral Ceilings, Formal Living Room with Floor to Ceiling Windows and Elegant Fireplace, Gourmet Kitchen With Center Island, Custom Cabinets, and Granite Countertops, Breakfast Nook Area With French Doors Which Leads to a Beautiful Backyard, Gorgeous Formal Dining Room With Custom Wooden Wainscoting Panels & Floor to Ceiling Windows, Expansive Family Room Has Cozy Fireplace With Stone Fascia, and Wet Bar, Enormous Size Primary Bedroom & Intimate Retreat With Dual Sided Fireplace, Huge Walk-In closet With Built-In Shelving, Large Vanity Area With Jacuzzi Tub & Standing Shower, Bedrooms 2 & 3 Share a Bathroom With Dual Sinks, Ensuite 4th Bedroom, 5th Bedroom, Currently Used as an Office Is on the Main Level With Private Bath, and Custom Wooden Wainscoting Panels, Interior Laundry Room with Utility Sink & Powder Room Located on the Main Floor, Oversized Backyard with Incredible View, 4 Car Attached Garage With One Being Tandem, Approximately 10,560 Square Foot Lot, Built in 1991, Association Dues Are $335 per Month