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RTI opportunity for the complete renovation of two two-story, four-unit buildings (eight total units) with both coastal and city approvals in place. This offering provides a rare chance to reposition a legacy multifamily asset with clear entitlement visibility in one of Los Angeles' most supply-constrained coastal markets. A full construction quote is in hand, offering transparency on scope, timing, and overall cost, and allowing a buyer to move forward with confidence. The approved plans include private outdoor patios for all four ground-floor residences, enhancing indoor-outdoor coastal living and tenant appeal. Situated directly on Venice Beach's world-famous boardwalk, the property enjoys unobstructed ocean views and irreplaceable oceanfront frontage. The location is further enhanced by close proximity (just two blocks) to Abbot Kinney Boulevard, Main Street, and Rose Avenue, placing premier dining, retail, and lifestyle amenities within easy reach. Architectural plans and finish packages are complete and ready for immediate execution, enabling construction to commence without delay. This is an exceptional value-add investment opportunity combining RTI entitlements, premier oceanfront exposure, and enduring rental demand in one of Southern California's strongest coastal submarkets.

Exceptional fully entitled oceanfront ground-up opportunity to develop a three-story mixed-use coastal property featuring luxury residential living above ground-floor commercial. This represents the only new construction opportunity on Ocean Front Walk in years, offering rare city-approved plans and a meaningful entitlement advantage in one of Los Angeles' most supply-constrained beachfront corridors. The approved design includes approximately 450 square feet of ground-floor commercial space, ideal for boutique retail, gallery, or office use with unmatched boardwalk exposure and foot traffic. Above, plans call for an expansive 4,700 square foot single-family residence, thoughtfully designed with multiple private patios and sweeping panoramic ocean views. Architectural plans and finish packages are complete and ready for immediate execution, allowing construction to commence without delay. Designed by Reed Architectural Group, an award-winning Venice-based firm, the project seamlessly blends contemporary coastal architecture with functional live-work flexibility. Ideally located just steps from Abbot Kinney Boulevard, Main Street, and Rose Avenue, this offering presents a rare opportunity for an owner-user, investor, or developer to create a truly iconic oceanfront property in the heart of Venice.

ELIGIBLE FOR 100% BONUS DEPRECIATION WITH ESTIMATED YEAR 1 FEDERAL TAX DEDUCTIONS OF APPROXIMATELY $193,000, VERIFIED BY A LEGITIMATE COST SEGREGATION EXPERT! NO RENT CONTROL VIA SB-8 EXEMPT STATUS AND FULLY STABILIZED/RENTED OUT AT $24,320/MONTH! Welcome to "The Case V", a brand-new and FULLY STABILIZED 2025 townhome-style apartment building situated in the heart of the North Hollywood Arts District, adjacent to Toluca Lake. Built with a Senate Bill 8 exemption, this property is not subject to radical Los Angeles rent control, making it an exceptional investment opportunity. The property consists of four units plus an ADU, totaling 9,127 square feet on a spacious 7,000-square-foot lot. The well-designed unit mix includes two 5-bedroom, 4-bathroom units, one 3-bedroom, 3.5-bathroom ADU, and one 5-bedroom, 5-bathroom unit. Each unit features in-unit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious and modern living experience. Listed at just $3,995,000, this turnkey investment delivers an ACTUAL 5.11% CAP rate (factoring in conservative 30% operating expenses typically calculated by conventional banks) in a prime location with many other new construction properties on the same street. Built with class and elegance by Thornton Development Group, this property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by newly constructed homes, 5651 Case Ave offers the perfect balance of tranquility and accessibility. Residents will enjoy close proximity to the vibrant energy of the North Hollywood Arts District and the prestige of Toluca Lake. Don't miss out on this exceptional investment opportunity to secure your place in one of Los Angeles' most sought-after rental markets today! Request OM and cost segregation estimate for bonus depreciation from the listing agent.

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

Welcome to your private sanctuary nestled in the serene Malibu canyon. This exceptional new construction Modern home, designed by renowned architect Vitus Matare, offers an unparalleled indoor-outdoor lifestyle with breathtaking ocean views from every room. Set on an expansive 42,929-square-foot lot, the residence seamlessly blends coastal elegance with the tranquility of its natural surroundings. Thoughtfully designed to maximize its setting, the home offers over 4,300 square feet of combined indoor-outdoor living, where the main living and dining areas open effortlessly onto a sprawling deck creating a true extension of the home and an ideal backdrop for entertaining or quiet moments overlooking the Pacific. At the heart of the home, a chef's kitchen is outfitted with state-of-the-art appliances and a discreet hidden pantry, combining sleek design with everyday functionality. The primary suite is a peaceful retreat, where you wake up to the sunrise over the canyon, complete with a spacious walk-in closet and a spa-like bathroom featuring a soaking tub, walk-in shower, and separate water closet. Downstairs, two additional bedroom suites each offer their own distinct perspectives of the ocean and surrounding canyon and mountain landscape, providing comfort and privacy for guests or family. A custom wine room tucked beneath the stairs adds a refined touch for collectors and entertainers alike. The outdoor experience is equally compelling. A shimmering pool anchors the lower level, accompanied by a versatile lounge space that can be enclosed to create a secondary family room, library, office, studio, or gym - tailored to your lifestyle. A sunset-facing seating area offers the perfect setting to unwind at the end of the day. Additional features include a two-car garage with EV charging, a long private driveway with ample additional parking, and a 10,000-gallon water tank providing added self-sufficiency. Tucked away in a peaceful canyon setting, the property offers a rare sense of seclusion and privacy, while remaining conveniently located just 15 minutes from Topanga, 15-20 minutes to the Pacific Coast Highway, and to The Commons at Calabasas. This is living at its finest - where nature, design, and modern comfort come together in perfect harmony.

An exceptionally rare two-story penthouse residence offering the privacy, scale, and presence of a single-family home elevated above Pasadena with sweeping views on three-sides. Accessed by a private elevator foyer, this exceptional home spans an elegant and thoughtfully designed layout with 3 bedrooms, 4 baths, and grand interiors curated for both sophisticated entertaining and everyday ease. The main level unfolds with expansive living and dining rooms, multiple fireplaces, and beautifully appointed gathering spaces designed for seamless hosting. At the heart of the home, a chef's kitchen is finished with premium Viking appliances, custom cabinetry, marble countertops, and stone tile floors - a functional open design equally suited for intimate dinners or large-scale entertaining. A full bedroom suite on this level offers the rare convenience of single-level living for guests or extended family. A private in-home elevator connects both floors. Rich hardwood floors, custom millwork, refined ceiling detail, and bespoke built-ins elevate the residence throughout. The upper level is dedicated to luxurious private living, featuring two expansive bedroom suites separated by a media lounge. The primary suite is a serene retreat with generous his and her walk-in closets, spa-caliber bath, and direct terrace access. An additional suite offers its own en-suite bath and private outdoor connection, creating an ideal guest sanctuary. Multiple private terraces extend the home into the open air, including a covered south-facing entertaining terrace with fireplace, lounge seating, bar, and panoramic city views - an extraordinary setting for sunset cocktails or evenings under the California sky. One of the residence's most coveted features is its rare direct access connection to the rooftop amenities level. Enjoy a resort-style pool and spa, cabanas, fitness center, outdoor kitchens, fire features, and commanding skyline vistas. Offered furnished, this penthouse also includes advanced home technology, secure parking access, designated storage space in the garage, and the premier lifestyle of Terra Bella. Perfectly positioned moments from Pasadena's most treasured destinations, including acclaimed dining and shopping in Old Pasadena, The Paseo, and the world renowned Rose Bowl Stadium.

Nestled just north of Sunset Boulevard at Doheny Drive, 1130 Sierra Alta Way presents a rare opportunity to own a thoughtfully updated traditional residence in one of the most desirable pockets bordering Beverly Hills. Surrounded by substantial estates and mature landscaping, this gated and private property sits on approximately 6,231 square feet of land and offers the perfect blend of classic architecture and modern livability, all set within a serene, sun-drenched environment. Recently refreshed throughout, the home showcases a clean, neutral palette that creates a sophisticated yet inviting backdrop, allowing a new owner to easily personalize the space to their own aesthetic. Natural light pours in from every angle, enhancing the home's warm and welcoming character while highlighting its well-proportioned layout. Spanning approximately 2,856 square feet, the residence features three bedrooms, all located upstairs for optimal privacy. The primary suite is bright and airy, offering generous scale, a large walk-in closet, and an en-suite bathroom designed for both comfort and functionality. Two additional upstairs rooms are connected by a Jack-and-Jill bath, with one currently styled as an office ideal for today's flexible lifestyle, whether used as a workspace, guest room, or expanded dressing area. The main level is designed for both everyday living and effortless entertaining. A spacious living room anchors the home, flowing seamlessly into a formal dining room that opens directly to the backyard through classic French doors. Just off the kitchen, a separate den or family room provides a more relaxed setting for gatherings, movie nights, or quiet evenings in. The kitchen itself is complemented by a charming breakfast nook, which also opens to the outdoors, creating a natural indoor-outdoor connection that defines true California living. Multiple access points lead to the backyard, where lush, mature hedging surrounds the property, offering a sense of privacy and tranquility rarely found in such a central location. At the heart of the outdoor space is a stunning lagoon-style pool, evoking a resort-like ambiance and serving as the focal point for both relaxation and entertaining. Whether hosting guests or enjoying a quiet afternoon, the backyard is designed to feel like a private retreat, bathed in sunlight and enveloped by greenery. Additional features include a gated driveway with parking for multiple vehicles, along with a garage that is currently outfitted as a gym, offering versatility for fitness, storage, or conversion back to traditional use. The home also includes two bathrooms upstairs and two additional bathrooms on the main level, providing convenience and flexibility for both residents and guests. Set in a premier location just moments from the best of Beverly Hills, the Sunset Strip, and West Hollywood, 1130 Sierra Alta Way offers exceptional access to world-class dining, shopping, and entertainment while maintaining a sense of quiet residential seclusion. Classic in style, updated in finish, and perfectly positioned, this is a property that captures the essence of Los Angeles living where comfort, privacy, and convenience come together in a truly timeless setting.

If you live on, or have driven down, Pleasant Hill Drive, you have seen and admired this palatial home. Now, for the first time, the original owner is selling it -- so this is your chance. Pleasant Hill has become one of the most desirable streets in RHE, despite the fact that I used to live on it. This is a sprawling mostly one level custom home with stunning curb appeal, the first one built after Pleasant Hill Dr was extended. Situated on a mostly flat corner lot, on a cul de sac, there are 4 large bedrooms including a spacious master suite, and 4.5 baths. The grand formal dining room is adjacent to the spacious kitchen which features a walk-in pantry and breakfast bar. The (literally vaulted) ceiling in the living room provides a dramatic flair, as does the large "conversation pit"/library -- fans of Galaretto designs will appreciate this area of the home. Thru the French doors out of one of the family rooms is the spacious, private and manicured back yard with large sparkling pool and spa. There are 3 more good-size bedrooms, 2 full baths, and a large laundry/sewing room before you enter the (attention car guys) cavernous 4-car garage with room for lifts. There is also large, paved RV parking adjacent to the garage. You really have to see this home to appreciate it -- words are inadequate.

For the first time ever, one of La Jolla's most coveted addresses is available. And it's easy to see why it has never changed hands before now: Perched on a promontory at a gentle curve on Pepita, this modern in-village home commands sweeping, unobstructed views and territorial vistas that stretch more than 180 degrees! Watch evening lights flicker to life over the hillsides. Marvel at white water ocean views that shift with the tide. End every day with sunsets that simply don't get old. The home itself is a well-constructed two-story with high ceilings, a minimalistic aesthetic, and a layout that moves effortlessly from room to room. A charming entry courtyard sets the tone, while a generous back deck puts you front and center for all that the view has to offer. One bedroom is tucked conveniently downstairs; two more, including a spacious primary suite, are upstairs. Pepita is one of La Jolla's most beloved streets for a reason. It delivers something rare: genuine quiet and privacy, walkability to the village, and the Pacific Ocean views. The large lot, running all the way from Pepita down to Mar Avenue, opens the door to real possibility. Move right in and enjoy it exactly as it is, add your own personal touches, or envision something entirely new - the canvas here is exceptional. Properties like this rarely become available.