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With its high in-place CAP Rate of 6.58%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles.Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected.Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques.

This unique property features four large rental units, including three 3-bedroom, 2-bath units and one 4-bedroom, 3-bath unit. All units are generously sized and include access to a large front parking area offering ample tenant convenience.All four units are currently tenant-occupied with significantly under-market rents, including two units rented at extremely low rates, offering substantial upside potential for investors.

Alandele Court is a three-unit multifamily property located at 854 Alandele Avenue in the Mid-Wilshire / Miracle Mile area of Los Angeles. The property consists of two two-bedroom, one-bath units and one two-bedroom, two-bath unit situated on a residential street within a centrally located neighborhood. Originally constructed in 1947, the wood-frame building features a pitched roof, smooth stucco exterior, and classic mid-century architectural elements. The property includes approximately ±3,041 square feet of building area on a ±6,173 square-foot lot zoned LAR3. Driveway access on both sides of the property leads to garages located on each side of the building. A landscaped courtyard is located at the rear of the property and includes patio space and outdoor seating areas. Each unit includes both front and rear entry access. The unit mix consists of two two-bedroom, one-bath apartments and one two-bedroom, two-bath apartment with high ceilings, storage areas, and efficient layouts. Unit #852 was converted from a one-bedroom to a two-bedroom configuration without permits. Units #854 and #856 share a similar floor plan. Two units include central air conditioning, and one unit includes a wall-mounted air-conditioning system. Each unit includes washer and dryer hookups, individual hot water heaters, and furnaces installed in 2024. The property is master-metered for water and individually metered for gas and electricity. Recent improvements include installation of a sump pump and updated rain gutters in 2024. Parking includes one two-car garage and one single-car garage, with additional street parking available in the surrounding area. The property is located near Miracle Mile with proximity to neighborhood retail, dining, cultural destinations, and major transportation corridors, including Wilshire Boulevard and Olympic Boulevard.

$100K Price Improvement; 7.81% Cap Rate; www.1937Powell.com; Six 2bd/1bth Units, Built in 1972; Located in the Growing and Non Rent Controlled City of San Pablo-Offering a Rare Blend of Cash Flow, Location, and Long-term Upside Potential; On Site Parking, Laundry, and a Rare Value-Add Opportunity Achievable Through Unit Renovations and Rental Upside; Conveniently Situated Near Public Transit, Shopping Centers, Schools, Kaiser Medical Center, Richmond Marina, and Provides Easy Access to I-580 and I-80; Email Agent on Website For Complete Marketing Package.

Well maintained 1963 two story fourplex offering four identical 935 sq ft, 2 bed/1 bath units. A rare opportunity in the Port Hueneme income market, where multi unit properties seldom come available. Strong rents generate $10,161 per month ($2,540 unit average), equating to $121,932 annually. Operating costs remain low with separately metered gas and electric; fixed annual expenses (excluding property taxes) total just $10,655, including insurance, utilities, water/sewer, and landscaping. An attractive, stable investment with solid cash flow in a supply constrained coastal market.

Great investment! New flooring on 2 of the units. Walking distance to schools, bank, restaurants, church & bus line. Perfect to live in one unit & rent out the other 2 units.

A turnkey fourplex in high rental area of San Jose. Well maintained property with long term tenants who are on month-to-month basis. Total rent is $9469 per month. Additional income from coin op laundry. Unit has carport with two parking slots per tenant. Located off the freeway, close to shopping and schools. This fourplex is a keeper.

Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors. Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies. Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.

Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential.