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  • Los Angeles, CA 90011
    $3,300,000
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    Improved Pricing on this a newly remodeled 23-unit multifamily investment opportunity in the heart of Historic South Los Angeles offered at a 7.7% Cap Rate!! This upgraded residential community features a strong unit mix of 20 studios and 3 one-bedroom apartments, with 19 units fully gut-renovated and outfitted with brand-new systems and modern finishes. Residents enjoy a host of desirable amenities, including on-site laundry, high-speed Wi-Fi, and cable television—all included for added convenience. Outdoor common areas feature a half basketball court with a hoop, a picnic table, and a BBQ grill, creating a welcoming space for recreation and relaxation. The property also includes a designated smoking area and is secured with a video surveillance system. Ideal for investors seeking stable cash flow with minimal deferred maintenance, this turnkey asset offers modern living in a culturally rich and growing neighborhood.
    Manhattan Beach, CA 90266
    $3,300,000
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    Two blocks from the beach, surrounded by a vibrant retail scene, this four-unit property offers the opportunity to unlock significant upside potential through strategic renovation and repositioning. Separated into two structures, there is a ground-floor commercial space on Highland Avenue, and above it, a spacious 2-bedroom, 1-bathroom apartment boasts its own private outdoor living area. The rear building on Crest Drive hosts a cozy 1-bedroom, 1-bathroom unit with a private patio, and above it, spectacular unobstructed ocean views from Catalina to Malibu are enjoyed in the 3-bedroom, 2-bathroom unit. With strong rental demand and endless lifestyle appeal, this property offers both steady income today and exceptional upside for tomorrow in one of Southern California’s most coveted coastal markets. Recent improvements include exterior paint, interior updates and a complete refresh of the property.
    Los Gatos, CA 95030
    $3,300,000
    2500
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    Welcome to this spacious and charming residence located in the beautiful city of Los Gatos. This home, expanded and reformed by local builder and artisan, Steve Howard offers 2,500 square feet of living space with three bedrooms and three full bathrooms. The well-appointed kitchen is a chef's delight, featuring granite countertops, top-of-the-line appliances such as a dishwasher, exhaust fan, garbage disposal, hood over range, oven range, and refrigerator, ensuring a seamless culinary experience. The interior boasts elegant hardwood and stone flooring, complementing the inviting ambiance of the separate family room and dining area connected to the living room. Warm up by the cozy fireplace during cooler evenings, adding a touch of comfort to your gatherings. For convenience, laundry facilities are situated in the utility room inside the home. The property includes central AC and central forced air heating, ensuring year-round comfort. Residents benefit from the Los Gatos Union Elementary School District, providing educational opportunities for young learners. Additional amenities include one garage space and a minimum lot size of 6,344 square feet. Experience the charm and convenience of Downtown Los Gatos living! Daves Avenue Elementary, Fisher Middle and Los Gatos High School
    Pasadena, CA 91106
    $3,300,000
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    12-unit Value-add near Old Town Pasadena (1 unit vacant), Very Well Maintained, First Time for Sale Since 1984, Significant Rental Upside, Easy to Manage and Rent, Upgraded Electrical Panels, Carport Parking, Simple Unit Mix. Proforma CAP Rate 7.14%. VILLA CATALINA - 530-540 N Catalina Ave, a 12-unit value-add apartment in a highly desirable location in the City of Pasadena, CA. These 2 properties have been very well maintained by current family who have owned it since 1984. The properties are located on a quiet residential street on Catalina Ave crossing Villa St, and only minutes away from most of City of Pasadena amenities such as Old Town Pasadena, Lake Ave Shopping District, Rose Bowl area, CALTECH and PCC. It is surrounded by other small apartments and single-family houses and has excellent demographics of ±$120,347 average household income in a 1-mile radius. The properties consist of six-unit apartments each (530 and #540) making up the total of 12 units. They were built in 1953 and 1954, have a total building size of 7882 SF and sits on a large 18,683 SF total lot size (R3 zone – medium high-density). The property offers excellent curb appeal with well-manicured front lawn and center courtyard area. The front half of each property is a single-story layout (total 4 units) and the back half are 2 story apartments (total 8 units). The unit mix is easy to manage and rent with all 1bedroom unit. Each unit is spacious and bright with an average unit size of 788SF (buyer to verify). Two front units have semi-private patio area. The ground floor units have original hardwood flooring, while 2nd floor units have carpet flooring. Each unit has through the wall A/C in living room and bedroom, ceiling fans, tiled kitchen, and tiled bathroom. All tenants are on month-to-month lease and current income is approximately 31% below market. Each unit is separately metered for electricity and gas. Parking is provided by 12 carport spaces at the back (1 for each unit). There is no parking soft story retrofit required. Building is serviced by a shared laundry room (leased machines). The large lot size, R3 zoning (medium high density) and carport parking provide superb opportunity for new owner to add ADUs units in the back. The property is located just two blocks away from Lake Ave and within walking distance to myriads of shopping and other amenities on Lake Ave and Colorado Blvd.
    Pasadena, CA 91106
    $3,300,000
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    7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl.
    Los Angeles, CA 90037
    $3,300,000
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    844-846 W. Martin Luther King Junior Boulevard presents the opportunity to purchase two (2) contiguous 12-unit apartment buildings directly across the street from the LA Coliseum, home of the USC Trojans football games. The properties are conveniently located a short drive to the 110 Freeway and within walking distance to BMO Stadium which is the home of the LAFC soccer matches. The property boasts twenty-three (23) studio units and one (1) one-bedroom unit. Each unit is separately metered for electricity, and the exterior electrical panels were recently replaced on both buildings. The buildings are situated on a double lot of over 11,000 square feet of land zoned LAR3, which is suitable for future development.
    San Clemente, CA 92672
    $3,300,000
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    Extremely Rare San Clemente Coastal Triplex – Welcome to an exceptional investment opportunity—a meticulously maintained triplex located in the heart of San Clemente, nestled on the desirable north side of Trafalgar Canyon. This coastal beauty boasts unbeatable curb appeal and is walking distance to everything that makes San Clemente special: T-Street Beach, the San Clemente Pier and walking trail, and Downtown’s vibrant shopping and dining. Property Highlights: Three Fully Appointed Units (2) Lower-level 2 Bed / 1 Bath units, each with two private decks (1) Upper-level 3 Bed / 2 Bath loft-style unit with a sprawling private deck. Interior Features in Every Unit include Full-size washer & dryer behind shuttered doors, Refrigerator, dishwasher, and modern appliances. New paint and new ceiling fans throughout. New flooring in Units 1 & 2. Unit 1: Brand new kitchen & fully remodeled bathroom. Garage & Parking - Each unit has its own 2-car garage with storage cabinets, remotes, keypads & timed lighting. BONUS: One additional 2-car garage – perfect for owners or added tenant use. Exterior Improvements include - New roof. Full exterior painting & conditioning, with all cracks repaired. Professionally designed landscaping surrounding the property. Outdoor lighting and electrical upgraded for both security and ambiance. Construction materials & pavers removed, making way for future outdoor entertainment areas. Two new rear staircases add value and functionality, sparking future expansion or enhancement ideas. This is more than an income property—it’s a rare lifestyle asset. It radiates pride of ownership from top to bottom and offers tremendous upside potential in a location that’s nearly impossible to beat. Whether you’re looking to live in one unit and rent the others, or add a trophy investment to your portfolio, this San Clemente Triplex delivers on every level.
    Belmont, CA 94002
    $3,300,000
    4458
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    Baths
    4
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    Property sold as vacant land.
    Los Angeles, CA 90017
    $3,300,000
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    401 Witmer is a 20 unit value-add complex located 1.4 miles south of Echo Park Lake and the heart of Downtown LA. Located just south of W. 3rd St, the property is in close proximity to Echo Park, Silver Lake, Koreatown, the 101 Fwy, and the 110 Fwy. The property is offered at a 7.28% CAP and 8.96 GRM on current rents, $165,000 per unit, and $376 per foot. This value-add opportunity offers approx. 25% rental upside with 2 VACANT studio units. At projected market rents, the property will stabilize at a 9.92% CAP and 7.17 GRM. Built in 1924, the 8,776 SF two-story complex consists of (6) 1-bdrm. units and 14) studio units. All tenants pay their own electricity and gas utilities. Property amenities include community laundry and gated entry. 401 Witmer, which can be purchased individually, is part of the Witmer 4 - 84 units across 4 buildings within 1 block of Witmer St. The Witmer 4 is being in sold in conjunction with 1000 N. Serrano, a 24-unit complex in East Hollywood offered at a 6.75% CAP on real expenses. Please contact LA 1 for more information.

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