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  • Los Angeles, CA 90038
    $2,350,000
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    Lamlex Lexington is a 20-unit apartment community constructed in 1925. Situated in the Hollywood submarket, the property consists of (16) Studio/One-Bathroom units and (4) One-Bedroom/One-Bathroom units, totaling 480 square feet per unit. The units are separately metered for gas and electric. The property is located minutes away from two major thoroughfares, Santa Monica Blvd, Sunset Blvd, and the 101 Freeway. Residents benefit from the short commute to Downtown Los Angeles and the walking distance to all nearby amenities along Sunset Strip and Santa Monica Blvd.
    Playa del Rey, CA 90293
    $2,350,000
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    This six-unit building, located at 7851 W Talbert Street in the beautiful beachside community of Playa del Rey, represents a prime investment opportunity and a true trophy property. The property consists of a large unit mix, including one 2-bedroom/2-bathroom unit, one 2-bedroom/1.5-bathroom unit, one 2-bedroom/1-bathroom unit and three 1-bedroom/1-bathroom units. The building offers a total of 4,937 square feet of living space situated on a 4,849 square foot lot. Built in 1960, this well-maintained property is listed at $2,350,000 equating to $391,667 per unit and $476 per rentable square foot. The property currently generates $15,291 per month and $183,493 per year in rental income, with a potential increase to $18,940 per month and $227,280 per year at market rent levels, reflecting a significant 24% rental upside potential. All tenants are currently on MTM leases with the exception of unit #3 and unit #4 which are currently vacant. The property's exterior and walkways were recently pressure washed. The owner hired a professional painting company to paint the entire exterior, including trim, handrails, and all 6 garages. The roof was completely recoated with two coats of silicone that is warrantied up to 10 years. All these improvements have successfully revamped this gem into a beautiful, modern looking and easy to maintain property for the new owners. Give us a call to discuss ADU potential. There is garage space for at least one if not two ADUs.
    Los Angeles, CA 90029
    $2,350,000
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    5.72% CAP for Renovated, Non-RSO Product! Welcome to 4071 Melrose Avenue, a fully leased and fully renovated 6-unit apartment building located in East Hollywood/Virgil Village, adjacent to Silver Lake. Built in 1981, the property is exempt from LA RSO, subject only to statewide rent control under AB 1482, which allows annual rent increases of 5% + CPI (currently 8.9%). The 4,024 sqft building includes (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit. Situated on a 7,110 sqft lot, there is ample space for up to 4 ADUs in the rear parking area, which accommodates up to 10 cars. Recent 2024 upgrades to the units feature in-unit stacked washer/dryers, mini-split HVAC systems, recessed lighting, stainless steel GE appliances, white oak flooring, custom cabinetry, and designer tile and countertops in the kitchens and bathrooms. Additional improvements include a Ratio Utility Billing System (RUBS) for tenant utility charges, as well as new exterior stucco, paint, and fencing. The property also includes RTI permits for two ADUs: (1) 1,141 sqft 3-bed/2-bath unit and (1) 716 sqft 2-bed/2-bath unit. After constructing the ADUs and factoring in construction costs, the property is projected to operate at a 7.34% cap rate as an 8-unit and 8.65% cap rate as a 10-unit. With its prime location and non-rent controlled status, this property presents an excellent opportunity for local investors seeking a low-maintenance, like-new building with significant value-add potential through RTI plans and the possibility of adding up to 4 ADUs.
    Monterey, CA 93940
    $2,350,000
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    674 Laine St is a stunning 4-unit apartment complex located in the thriving city of Monterey, California. Situated on a 5,750 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 4,320 square feet, offering its tenants beautifully designed two-bedroom floor plans. The subject property is strategically situated offering tenants easy access to Scholze Park, the Naval Postgraduate School, Monterey Peninsula College, and the Old Fisherman's Wharf. Additionally, Cannery Row is located within walking distance to 674 Laine St(0.3mi), and is home to a myriad of high-end shopping, entertainment and dining options including the Monterey Bay Aquarium, Ghirardelli Ice Cream & Chocolate Shop, Treasure Hunt the Ride, Lalla Grill as well as numerous others. Tenants also enjoy convenient access to transportation corridors including U.S. Route 1, California State Route 68, as well as other modes of transportation including the Monterey-Salinas Transit (MST), providing an inexpensive, hassle free commute to the regions major employers end entertainment centers on the Peninsula and throughout Monterey County.
    Albany, CA 94705
    $2,350,000
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    LOCATION, LOCATION, LOCATION!!! 96 Walkscore! 98 Bikescore! ALBANY, INCOME large 4+ bed/2bath main house built in the 20's & 4plex right next door built in the 40's on the same parcel. Main house has beautifully refinished hardwood and tile floors, & spa like bedroom. The house has been updated. The 4plex has (3) 2bedrooms & (1) 1bedroom units, 2 units have gorgeous fireplaces. 3 of the 4 units have been fully remodeled with modern kitchens with dishwashers, dazzling hardwoods and tiles, new tubs and the like. 1 unit has been mostly updates to hardwood, tile floors, and kitchen cabinets were modernized. This is a very unique property and ideal for an owner occupier to live in the 4 bedroom 2 bath structure across the driveway from the 4plex. Albany schools! Solano Ave is steps away. These units have historically rented back to back! Own in one of the last cities with no rent control!
    San Clemente, CA 92672
    $2,350,000
    2061
    sqft
    3
    Baths
    4
    Beds
    Spectacular, new construction luxury condo in vibrant San Clemente - the last remaining unit available. This contemporary beach chic unit lives like a single family home, complete with an attached two-car garage, large driveway and a grassy backyard, all just a short stroll from the beach or Del Mar. Enjoy the luxury finishes, 12-foot ceilings and rear slider door that bring the beauty and tranquility of the natural coastal canyon into your great room. Entertain in the beautiful chef's kitchen, complete with premier appliances, large island, cabinets that reach the soaring ceiling, dining space and a butler's pantry. A downstairs bedroom and the three upstairs bedrooms are generously sized, with nice baths and closets. Enjoy your morning coffee or sunset cocktail on the balcony of your large primary suite, overlooking the tropical canyon with a peek-a-boo view of the ocean. An attached, oversized garage provides reliable parking and additional storage that is prized in this coastal district. Additionally, extra care was taken to eliminate sound between the units, as they are offset insulated and double drywalled to provide the best experience for all residents. The prime location on the edge of Southwest San Clemente gives you incredible access to the beach, some of the world's best surf, restaurants, shopping, walking/biking trails and community events in the "Little Spanish Town by the Sea." Nearby Dana Point and San Juan Capistrano also provide opportunities for entertainment, boating, horse-riding and open space. Just about an hour to either Los Angeles or San Diego, and 30 minutes to Santa Ana airport, San Clemente is known to have one of the best climates in the World, and the clever design and location of this home offers exceptional indoor/outdoor luxury living in the heart of it all.
    Pasadena, CA 91103
    $2,350,000
    3426
    sqft
    4
    Baths
    5
    Beds
    PRIVE IMPROVEMENT!!! Calling all Developers, Investors, this Charming Single Family Home has massive potential. The property is currently a 5 bedroom, 4 bath 3,426 square feet two story home with huge 14,928 square feet lot located in RM-32 Zone. This is not a historic building and verified. This can be used as a single family home with adu play or single family for rent with redevelopment plans. This property can develop up to 20+ units. Initial renderings have been provided.
    Yosemite, CA 95389
    $2,350,000
    3550
    sqft
    4
    Baths
    6
    Beds
    Welcome to one of the most beautiful destination locations! Stunning Yosemite National Park is just minutes from this gorgeous duplex! Set on a level .24+/- acre there is lots of desirable parking with a garage and 8 spaces. Each duplex offers 3 bedrooms, 2 bathrooms (bedrooms and bathrooms on both levels), a lovely living room with fireplace, spacious kitchen, laundry and a family room on the lower levels. A wonderful deck on each duplex is a great place to relax and barbecue while enjoying the your mountain setting! Excellent year 'round vacation rentals near Wawona and Yosemite Valley and so many amazing natural wonders! Winter snow is perfect for nearby Badger Pass for skiing and this duplex has an on demand generator. Make a great investment with these turnkey adjoining homes today!
    Berkeley, CA 94702
    $2,350,000
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    Two Houses on one Lot! Front house is a classic bungalow, gorgeously redone, new hardwood floors, gourmet kitchen, new update bath, and tons of natural light. With two bedrooms, one bath, this is the nicely done bungalow you are have been looking for! Then a stunning, brand new ADU in the back. All located in West Berkeley! The rear home/ADU offers three bedrooms, two baths, a gorgeous gourmet kitchen and private yard, this secluded sanctuary provides you a lovely new home to enjoy. Both homes have great proximity to all the wonderful dining and shopping options near by. Bathed in natural light, the builders of this new home skillfully placed windows to bring in a ton of natural light. Offered as a Tenants in Commons sale (TIC) very similar to a site condo, or as two homes on one lot! This is a great compound for multi-generational living and a great investment if you are seeking rental income from one, while you live in the other!

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