search properties

  • Previous
  • Pasadena, CA 91101
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    Prime 23-unit Value-add in heart of Pasadena Civic Center, Walk to Old-Town, High 5.5% ACTUAL CAP Rate w/ Close to 7% Proforma CAP in a Class-A Location, Efficient Unit Mix, High Density Commercial Zoned Lot, Irreplaceable Location with Over 5% Cash-on-Cash Return. a prime value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic Center District and several properties away from the Pasadena Courthouse and City Hall, this property offers a SUPERB and unbeatable location, perfect for a savvy investor as a buy and hold asset. With this combination of a high-quality location and excellent unit mix, the property provides younger professional tenants with most of the attractions the City of Pasadena has to offer. Literally within walking distance to shopping, dining, and transportation, this location has a Walk and Bike Score of 88. The property is being offered for sale at below replacement costs for such a high-quality location and provides an attractive 5.51% Actual CAP Rate and a Low Price per unit. The property is a two-story apartment with some upgrades. It was built in 1955 and has a total of 12,780 SF and situated on a ±11,811 SF Lot (Zoning is PSC – CD-MU-G). It is surrounded by a much higher density commercial/apartment building. Unlike other apartments in the area, this property has parking (9 spaces in the back) which provides excellent amenities to young professionals living in the building. It offers an excellent unit mix for this urban area with eight (8) large 1bed+1bath, seven (7) large Studio, five (5) junior Studio, and three (3) Bachelor (no kitchen) units. The unit mix is perfect and suitable for the location, as it encourages young professionals and a slightly higher turnover, all for a new owner to recapture the future market rent. The location would provide consistent and high demand for rental units like this. Approximately 11 out of 23 units have had upgrades. Some units have new double pane windows, and the upgraded units have new wood flooring and updated plumbing. All units have smooth ceiling and excellent layout. Each unit is separately metered for electricity and gas. Parking is at the back of the lot. There is a total of 9 spaces with 8 assigned to units, and 1 is rented. There is an additional shared laundry room in the basement for the community, and a master water heater.
    Tujunga, CA 91042
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) - no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize that effectively there is 26 units without the requirement of an onsite manager with a market cap rate of 7.3%. Furthermore the enclosed garages might potential offer additional revenue via ADU conversion? Buyer to verify. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Just 3 miles to the Angelus National Golf Club.
    San Bernardino, CA 92404
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    HIGHLIGHTS: $300K Price Reduction - ProForma CAP Rate of 7.84%, Rent Growth: Rents are currently below market by an average of approximately $725 per unit/month. / Current CAP Rate of 4.75% – Reflects a unique trust sale situation. The previous long-term owner prioritized 100% occupancy over rent growth. / Priced at only $160/SF – Well below the $235/SF average for comparable multifamily properties in the market. Property is priced 32% under market PPSF. / Located on two legal lots totaling 1.37 acres, providing flexibility and long-term hold options or possibility for future development potential. / Ample onsite parking including tuck-under stalls, covered spaces, open parking, and private garages. / Fully gated property for enhanced security and tenant appeal / Well-maintained swimming pool adds to tenant enjoyment and retention + Onsite laundry. Recent $300,000 Price Reduction - TRUST SALE, MOTIVATED SELLER. This sale presents an exceptional opportunity for an investor to unlock value through strategic rent increases, while benefiting from a stabilized asset with consistent performance. Recent rent increases of $4,200/month +/- ($50,000 +/- annually) implemented through professional third party management, establishing a clear pathway to higher cash flow. Current CAP Rate reflects a unique trust sale situation. The previous long-term owner prioritized 100% occupancy and tenant stability over rent growth, keeping rents significantly below market. With 30 units, the property boasts an excellent unit mix that appeals to a broad tenant base: 7 Units: 950 Sq. Ft. 1 Bedroom - 1 Bathroom 1 Unit: 1,100 Sq. Ft. 2 Bedrooms - 1 Bathroom 4 Units: 1,300 Sq. Ft. 2 Bedrooms - 2 Bathrooms 12 Units: 1,400 Sq. Ft. 3 Bedrooms - 2 Bathrooms 2 Units: 1,500 Sq. Ft. 3 Bedrooms - 2.5 Bathrooms 4 Units: 1,700 Sq. Ft. 4 Bedrooms - 2 Bathrooms
    San Juan Capistrano, CA 92675
    $6,500,000
    8700
    sqft
    8
    Baths
    6
    Beds
    Step into the enchanting world of Ivy's Gate, a breathtaking Queen Anne style huge estate, thoroughly updated in 2016. This magnificent residence, a true masterpiece of early 20th-century English architecture, evokes the elegance of the renowned "Salutation" estate in Kent, England. Spanning 8,700 square feet of luxurious living space, Ivy's Gate boasts an impressive six bedrooms and eight baths, set amidst a sprawling one-acre estate offering spectacular hillside views. This estate also includes a large functioning vineyard and facilities for processing wine, an ideal space for wine enthusiasts and connoisseurs. Additionally, the lower grounds provide ample room for a horse paddock backing horse trail if desired, offering endless possibilities for equestrian pursuits or simply enjoying the serene, expansive outdoor setting. The heart of this exceptional home lies in its opulent chef's kitchen, equipped with top-tier built-in appliances including a new Sub Zero, La Cornue 6 gas burner stove, 2 electric convection ovens and Kirkstone slate countertops, creating a seamless blend of style and functionality. The interior design showcases uncompromising craftsmanship, with soaring ceilings, exquisite moldings, marble entryways, and herringbone hardwood flooring that add to the residence's sophisticated ambiance. The estate boasts a versatile layout, featuring a movie theater, elegant formal dining and living areas, spacious family room, and office, making it an ideal haven for both intimate family life and grand-scale entertaining. The third level can be configured as a game room or maid's quarters, offering flexibility and adaptability. The lush grounds at Ivy's Gate are a true haven, boasting a covered patio with outdoor barbecue and bar, shimmering pool and spa, verdant vegetable garden, serene vineyard, peaceful koi pond, and a playground. For the discerning car enthusiast, the property's crowning jewel is its expansive, 3,500-square-foot underground eight-car garage. Whether you’re hosting grand events, savoring the views, or unwinding in your private sanctuary, Ivy's Gate stands as a true masterpiece in every sense of the word—an unparalleled estate where history, beauty, and modern luxury converge.
    Los Angeles, CA 90049
    $6,500,000
    3414
    sqft
    5
    Baths
    3
    Beds
    Available for the first time in over a quarter of a century, this elegant and refined home has been thoughtfully reimagined with interiors curated by Thomas M. Beeton Associates. Gated and hedged for privacy, the tranquil and secluded gardens designed by Christine London, offer intimate spaces for relaxed entertaining and quiet moments. A long gravel driveway leads to a separate office, detached garage, motor court and sparkling pool. Furniture available by separate negotiation.
    North Hollywood, CA 91606
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    SOLD BEFORE PROCESSING.
    Inglewood, CA 90301
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    This listing is for two buildings 1018 and 1026 S. Flower St. that must be sold together. It consists of two buildings totaling 26 units with an excellent unit mix 1,2 and 3 bedroom units. All units have been remodeled within the last 10 years and consist of many stable long term tenants. This presents an opportunity for a saavy investor to reposition building and improve financials for long term passive income. Please see attached OM for detailed unit Income/Expense information. Inglewood is already the emerging entertainment and sports epicenter of Southern California, with the historic Forum, Sofi Stadium, You Tube Theatre, Intuit Dome, Hollywood Park Casino and Residences. "The Islander" property is only two blocks from this ever expanding Hollywood Park Community located at 1018-1026 S. Flower St, Inglewood CA.
    San Gabriel, CA 91776
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    A unique15-unit Apartment complex where every unit has 3 bedrooms, 2.5 bathrooms, and 2 car attached garage. Each unit is approximately 1,425sf. Total building/living area is 21,378sf and it sits on a 38,401sf lot size. Complex consist of 4 buildings-3 buildings with 4 units each and 1 building with 3 unit. Built in 1988. First time on the market for sale. Currently 100% leased out, historically has very low vacancy. Great potential for higher rent. Each unit has its own electric and gas meter. Gated community with 6 uncovered guest parking spaces. On-site laundry. Cul-de-sac. Excellent location. Close to major freeways, Cal State LA, USC, and downtown LA. Walking distance to 99 Ranch Market, Hawaii Super Market, San Gabriel Hilton, Sheraton San Gabriel, and many more.
    Santa Barbara, CA 93105
    $6,500,000
    0
    sqft
    0
    Baths
    0
    Beds
    3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgraded interiors, offering strong rental appeal and reduced near-term capital needs. The property has received substantial plumbing improvements, including new sewer connections to the street, ensuring long-term infrastructure reliability. With consistently high occupancy, minimal vacancy, and a proven record of professional maintenance, this garden-style community represents a stable, well-performing asset with upside potential through continues modernization and rent growth.

    Page 0 of 0

    Inquire Now

    ×