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  • Burbank, CA 91505
    $1,800,000
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    Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation including.
    Burbank, CA 91505
    $1,800,000
    0
    sqft
    0
    Baths
    0
    Beds
    Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation
    Long Beach, CA 90803
    $1,800,000
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    Prime Long Beach income property located in the highly desirable Belmont Heights / Bluff Heights area, just off Broadway, offering an exceptional opportunity for investors seeking a coastal multifamily asset. With a Walk Score of 94 out of 100, this highly walkable fourplex is approximately 0.3 miles to the beach and conveniently close to Belmont Shore and Shoreline Village, providing easy access to dining, shopping, and entertainment. This well-maintained 4-unit property consists of approximately 4,032 square feet of living space on a 6,109 square foot lot and was built in 1969. The property features a strong unit mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 1-bath units, spread across two levels. One unit is currently vacant, offering immediate flexibility for an owner-occupant or the ability to lease at current market rent and increase cash flow. One of the units has recently been updated with a brand-new kitchen, flooring, and bathroom, enhancing overall tenant appeal. Recent improvements include a roof replacement completed within the past few years. The property is also scheduled for termite clearance and exterior painting, providing a refreshed and updated appearance for future ownership. The rear of the property features two 2-car garages, with each unit assigned one garage space, plus an additional dedicated parking space for the 3-bedroom unit, totaling five parking spaces. Ample street parking adds further convenience, which is a valuable feature in this highly sought-after Long Beach location. Priced at approximately $446 per square foot, this Long Beach multifamily property offers strong in-place income with upside potential. Based on current rents, the property is performing at approximately a 4.8% cap rate, with the ability to increase to roughly 6%+ once the vacant unit is leased at market rent. Ideal for investors searching for a fourplex near the beach, a Long Beach income property with strong rental demand, or a value-add multifamily opportunity in one of the most desirable coastal communities in Los Angeles County.
    Ojai, CA 93023
    $1,800,000
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    *WAGON WHEEL RANCH* -Rare Detached Ranch Compound on 1.42 Acres Six fully detached residential structures on a sprawling ranch-style lot in the Ojai Valley. Each unit operates as a standalone building, delivering a compound experience that commands strong tenant retention and is virtually unreplicable in today's entitlement environment. At $300,000/unit and a land basis well below current Ojai Valley acquisition costs, the offering presents a compelling entry point. -Substantial Recent Capital Investment Significantly Improved Condition (20242026) Following a recent ownership consolidation, the current owner has executed a comprehensive capital improvement program across the property between 2024 and 2026. Completed upgrades include new roofs, full electrical system upgrades, updated heating systems, refreshed paint, renovated bathrooms, and new flooring throughout, as well as professional tree removal completed in response to insurance requirements. While the property retains additional value-add potential, the heavy lifting of core infrastructure and cosmetic upgrades has been completed, reducing buyer risk and near-term capital requirements relative to its prior condition. -Significant Rental Upside with No Local Rent Control Located in unincorporated Ventura County, the property falls outside the City of Ojai's Rent Stabilization Ordinance entirely. Rent increases are governed solely by AB 1482, which caps annual increases at 5% plus local CPI, and vacancy decontrol allows rents to reset fully to market upon turnover. With in-place rents averaging approximately $1,734/month against an Ojai market average closer to $2,733+/month, there is substantial and immediately accessible upside on lease renewals and unit turns. -Diverse Unit Mix Serving Multiple Renter Profiles The current owner pays trash and water utilities on behalf of tenants, meaning a buyer who pursues a utility billing recovery program (RUBS or individual metering) has a direct and meaningful path to improving NOI without raising a single rent. This represents an operational upside lever that is entirely independent of market conditions. -Supply-Constrained Lifestyle Market with Durable Rental Demand Ojai's combination of limited developable land, high barriers to new supply, and sustained demand from tourists, wellness travelers, and remote workers creates a rental market with structural vacancy resistance. The property sits against the Topatopa Mountain backdrop with downtown Ojai and Santa Paula both within 10 minutes, and Los Angeles roughly 80 miles south. -Value-Add Upside on a Substantially Improved Foundation Built in 1947 and held under private long-term ownership, the below-market rent roll is a product of tenure, not neglect. With roofs, electrical, heating, bathrooms, flooring, and paint all addressed between 2024 and 2026, a new owner inherits a meaningfully upgraded asset and can focus entirely on executing the rent upside strategy through lease renewals, unit turns, and utility recovery rather than managing capital projects.
    Oceano, CA 93445
    $1,800,000
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    Tucked in the heart of Oceano just behind Central Market and roughly a mile from the beach, this 10-unit multifamily opportunity is comprised of four buildings across two separate lots (14,000 SF total). Each lot features a 2BD/1BA detached home with its own single-car garage and in-home laundry hookups, plus a rear apartment-over-garage units offering eight additional units total (four per side) above garage rows, with additional garages rented separately for extra income. Property operations are streamlined with separately metered units, owner-paid water/trash, plus house meters for common-area lights and two on-site coin-operated laundry rooms. Gas cooking and gas wall heaters, refrigerators provided, and a clean, practical unit mix make this a compelling coastal asset with 2025 gross income of $147,000 in a convenient, tenant-friendly location.
    Big Bear Lake, CA 92315
    $1,800,000
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    Hillcrest Lodge is a well-located multifamily investment property in the heart of Big Bear Lake, one of Southern California’s most established and supply-constrained mountain resort markets. The property is currently operated as long-term, month-to-month residential rentals and consists of 13 rentable units plus an on-site manager’s unit, distributed across four separate buildings featuring a unique blend of independent cabin-style units and apartment-style layouts. The unit mix includes one-bedroom units with kitchens, two-bedroom units with kitchens, and studio units with and without kitchens, allowing flexibility to serve a broad and diverse tenant base. Several units are fully detached, offering enhanced privacy and livability, while a two-story building provides efficient apartment-style configurations. Originally built in 1960, the property sits on an approximately 21,636 square foot lot with a total building area of approximately 5,526 square feet. Big Bear Lake benefits from strong year-round demand driven by winter skiing, summer lake activities, hiking, outdoor recreation, and seasonal events, attracting visitors and residents from the Greater Los Angeles region. Limited land availability and development constraints further support long-term value appreciation and stability. Hillcrest Lodge is well-suited for multifamily investors, owner-operators, or 1031 exchange buyers seeking a diversified unit mix and long-term investment potential in a premier mountain resort market.Buyer to verify all information related to the listing and do their own due diligence .....
    Irvine, CA 92618
    $1,800,000
    2035
    sqft
    3
    Baths
    3
    Beds
    Agents, OWNER SAYS BRING ALL OFFERS! Closing out this brand new Irvine community with only 9 homes remaining, don't let your buyers miss out on getting a brand new detached home! READY TO MOVE IN HOME, HIGHLY UPGRADED, TURN KEY! 3 Bedrooms, 2.5 Bathrooms, Loft, 2 Car Garage, Approx 2,035 Sq. Ft. First-floor panoramic doors that open to private rear patio! Upgraded flooring is included!! Please visit to see the beautiful upgrades in this move in ready home! This is perfect for your 1031 tax exchanges, move up buyers & first timers! Fiore is down to its final few homes, so don't wait! Home Includes • Wolf 36 inch built in range, Microwave & Cove Dishwasher • Pendant Lights at Kitchen Island • Owned solar included in sales price! • Interior Upgrade Package at Kitchen Cabinets • Upgraded Quartz and Custom Splash at Kitchen • Upgraded Quartz and Shower at Primary Bath • Recessed Lighting Throughout • Interior Insulation Package • Car Charger Outlet • And more! Builder has special financing with designated lender, U.S. Bank. Please ask sales agent for details!!!
    Pasadena, CA 91106
    $1,800,000
    2944
    sqft
    4
    Baths
    6
    Beds
    Fabulous restored Craftsman home on a picturesque, tree-lined street near the highly sought-after Bungalow Heaven neighborhood. This architectural gem blends timeless Craftsman character with modern upgrades, offering a rare opportunity to own a piece of Pasadena history. Situated on beautifully landscaped grounds, the property features two homes on one lot. A spacious front porch welcomes you into the main residence with hardwood floors, classic wood moldings, and original built-in cabinetry showcasing true Craftsman detail. Originally configured as a triplex, the property retains three separate meters, offering flexibility for multi-generational living or potential income use (buyer to verify). The main house offers five bedrooms and three bathrooms. The living room features a distinctive clinker brick fireplace, rich wood detailing, and abundant natural light. A formal dining room is ideal for entertaining, and a private office with a closet can function as an additional bedroom. Three bedrooms are located on the main level, with two upper-level en-suite bedrooms, each with its own kitchen, bathroom, and separate meter. The kitchen offers generous storage and connects to a bright breakfast nook overlooking the backyard, plus a dedicated laundry room nearby. The property qualifies for the Mills Act for potential property tax benefits; application and approval required through the City of Pasadena (buyer to verify eligibility). The backyard provides a private outdoor retreat with a Hawaiian-style gazebo, hot tub, grassy area, and mature landscaping. A newly completed 669 Sq Ft ADU includes one bedroom, one bathroom, and a modern kitchen with a large island—ideal for guests, extended living, or rental income. Recent improvements include updated HVAC and ducting, two tankless water heaters, newer roof, and fully paid solar. Low-maintenance artificial turf enhances curb appeal. Conveniently located near shopping, local markets, restaurants, Metro Gold Line, and major freeways.
    Burlingame, CA 94010
    $1,800,000
    1598
    sqft
    2
    Baths
    4
    Beds
    Classic 1922 Clapboard Bungalow with location, potential, and additional income. Just blocks from the Avenue at the corner of Bayswater and Arundel. Currently configured as a duplex with two bedrooms and one bathroom per unit. Live in one and rent one for additional income ($3000 per month). Hardwood floors, updated eat-in kitchens, updated bathrooms.Washer and Dryer, per unit. Large unfinished basement for storage. Includes architectural drawings for approximately 600 ft expansion to one unit by building out the unfinished basement to result in a 2 - story unit with 4 bedrooms (2 suites) and 3 bathrooms. The other unit would remain as an attached ADU with 2 bedrooms and 1 bathroom with downstairs storage. Separate utility meters and detached two car garage. Please note, seller has always lived in one unit and rented the other unit since purchase of the property.

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