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

Exceptional opportunity to acquire a 3-story commercial building located on a fully signalized corner in the heart of Montebello’s thriving commercial district. This highly visible, well-established event venue offers a rare combination of owner-user functionality and strong supplemental rental income. The second floor features two elegant vintage-style ballrooms designed for full-service dinner events. The Grand Ballroom accommodates up to 250 guests, while the additional ballroom hosts up to 100 guests, providing a combined capacity of 350 guests. The venue is fully equipped to host weddings, quinceañeras, corporate functions, and special events. Amenities include a supporting commercial kitchen, full-service bar with Type-47 liquor license, dressing rooms, and in-house DJ equipment. The multi-year established dinner and event operation offers immediate business continuity and income potential. The ground level includes seven storefront retail units generating additional rental income, creating a diversified revenue stream to complement the event business. Prominent corner exposure, strong street presence, and prime positioning along Whittier Blvd make this a standout investment in one of Montebello’s busiest corridors. Ideal for an owner-user seeking an established banquet/event venue with built-in rental income, or an investor looking to maximize upside in a prime infill location. **The Type-47 License, furniture, fixture and equipment, business name and good will, sold separately as bulk sale. Contact listing agent for price and details.**

*** Prime Commercial Lot ***Development opportunity to Build Retail stores with MultiUnits or a Large Condominium Complex !!! Amazing 5 ~ Parcels totaling over 21,500 square feet. Exceptional opportunity for a large Franchise Business, this property has Access for a " DRIVE THROUGH" This commercial land offers flexibility and potential for a variety of uses and builds. Build your vision on this prime commercial land with 2 separate entrances on a corner lot for unique access. Offering high visibility and strong traffic counts, maximizing exposure for your business. Ideal for creating a landmark destination located in Highland park with hundreds of cars passing by Figueroa & Marmion Way. Corner Lot also allows to build a custom 4- story High End Condominium Complex! Owner has Drawings Engineering plans to build 39 Condos and 52 parking spaces on a Large 65,000 square feet 4- Level Building. Currently the property has an Auto Repair shop, Smog check business. Act now to capitalize on this prime commercial land, A true must See!

Well-maintained 11-unit multifamily investment opportunity located in the heart of East Hollywood, offering a strong unit mix, extensive recent capital improvements, and excellent commuter access. Unit Mix, 4 -Two-Bedroom Units, 6 -One-Bedroom Units and 1 Studio Unit. Recent Capital Improvements. New 400-amp electrical panel, Two new commercial-grade tankless water heaters, Replacement of hot water lines with new copper piping (upgraded from galvanized), New main incoming cold-water line throughout the building, Six units upgraded with: New kitchen sinks, Bathroom improvements, Fresh interior paint, New window screens and blinds throughout. All-new exterior lighting, New Wi-Fi camera security system, Parking structure posts reinforced, Roof in good condition with no known leaks, Majority of units feature tile flooring. Property Highlights: On-site parking spaces for each unit, Efficient layouts with strong rental appeal, Laundry facility on-site. Individual Electric & Gas Meters. Location Benefits: Convenient proximity to the 101 Freeway for easy commuter access, Close to shopping, dining, and neighborhood amenities, Centrally located within East Hollywood’s dense rental market. Kaiser Permanente within 0.6 miles, providing a steady tenant base of healthcare professionals and staff. Hollywood Boulevard is just 0.5 mile away, placing residents minutes from dining, retail, and entertainment while maintaining neighborhood livability. The property is also located near the Church of Scientology, further contributing to localized employment and housing demand. Approximately 14 miles from Los Angeles International Airport, offering convenient regional and global connectivity. This property presents a compelling opportunity to acquire a stabilized asset with meaningful recent upgrades already completed, minimizing deferred maintenance while allowing for continued rental upside. Ideal for investors seeking dependable cash flow in a high-demand Los Angeles submarket.

We are proud to present 401 Witmer St, a 20-unit multifamily community located in the North West Lake neighborhood of Los Angeles, offered at a 9.13 GRM and a 6.24% CAP on actual rents, with upside potential to achieve an 8.96 GRM and an 6.43% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 8,776 rentable square feet. Built in 1923, the property sits on a 6,020 square foot LAR3-zoned midblock lot. The unit mix features six (6) one-bedroom one-bathroom units and fourteen (14) studio units. Fourteen out of sixteen units have been renovated, and there are currently four VACANT units: one (1) one-bedroom unit and three (3) studio units. Located off of Witmer St and W 3rd St nearby Gratts Elementary School and Contreras High School, this location offers excellent access with close proximity to the 101, 110 and 10 freeways, multiple Metro stations, and easy access to Downtown Los Angeles and neighboring communities such as Silver Lake, Echo Park, Elysian Heights, Koreatown and more. Contact the listing broker for additional information.

100% Occupied, Turnkey Asset with Attractive Assumable Financing Steps from Sunset Boulevard We are very pleased to present 1530 Formosa Avenue, a well-maintained 10-unit multifamily property ideally located just north of Sunset Boulevard in one of Los Angeles' most desirable and walkable neighborhoods. This fully occupied, turnkey asset features an excellent unit mix of spacious one- and two-bedroom units, many of which have been thoughtfully remodeled, offering strong in-place income with additional upside potential. The property has undergone extensive capital improvements, including a new roof, completed seismic retrofit, horizontal repiping, and updated electrical systems, significantly reducing near-term capital expenditure and enhancing long-term operational stability. Positioned within walking distance to the shops, dining, and nightlife along Sunset Boulevard, residents enjoy immediate access to some of Los Angeles' most iconic destinations, including Melrose Avenue, the Sunset Strip, and the surrounding West Hollywood and Beverly Hills lifestyle corridors. This prime infill location continues to attract a strong tenant base of professionals across the entertainment, media, and technology sectors. 1530 Formosa is offered with highly attractive assumable financing, creating a favorable, below-market debt structure that is increasingly difficult to replicate in today's interest rate environment significantly enhancing day-one cash flow. The property can be acquired individually or as part of the Sunset Legacy Collection, a curated portfolio of high-quality multifamily assets across premier Los Angeles submarkets, including West Hollywood, Beverly Hills-adjacent neighborhoods, Valley Village, and Pico/Robertson. Whether purchased on a standalone basis or as part of the broader portfolio, 1530 Formosa represents a rare opportunity to acquire a stabilized, well-maintained asset in an irreplaceable location offering durable income, strong tenant demand, and long-term appreciation potential.

We are very pleased to present 8843 Alcott, a rare opportunity to acquire a high-demand 10-unit multifamily asset in the heart of Pico-Robertson, one of the Westside's most consistently outperforming rental submarkets. The property features an excellent unit mix of large one- and two-bedroom units, with many units already remodeled, establishing a clear blueprint for continued interior upgrades and rent growth. Three vacant units create immediate, frictionless upside allowing a new owner to quickly capture market rents and materially increase income from day one without tenant displacement risk. Positioned just blocks from Beverly Hills and Century City, and within walking distance to the best dining, cafes, and retail along Pico Boulevard, the asset offers a highly walkable lifestyle that continues to attract strong, high-quality tenants. This is a true infill Westside location with barriers to entry, limited new supply, and relentless rental demand, making it an ideal target for investors seeking both durable income and accelerated NOI growth. With strong in-place income, immediate lease-up potential, and proven renovation upside, this opportunity is perfectly positioned for investors to drive returns quickly while securing a foothold in one of Los Angeles' most competitive rental markets. Opportunities with this level of location, vacancy-driven upside, and scalability rarely come to market!

Tucked at the end of a quiet cul-de-sac in one of Yorba Linda’s most desirable neighborhoods, this exceptional single-level residence offers a rare opportunity to own both a beautifully maintained home and a fully licensed, operating assisted living facility. The expansive floor plan is designed with comfort and accessibility in mind, featuring wide hallways, up to six resident rooms, accessible bathrooms, and generous living spaces that flow effortlessly to the outdoors. All bedrooms and 2.5 bathrooms are located on the main floor, while the second level includes a spacious loft with its own ensuite bathroom featuring a shower-in-tub. Over the years, the seller has invested approximately $400,000 in thoughtful upgrades and compliance-related improvements to create a safe, comfortable, and well-equipped environment for residents, ensuring a seamless transition for the next owner. The grounds are truly serene, with lush landscaping, garden pathways, a tranquil koi pond, and multiple seating areas designed to enhance daily living and therapeutic enjoyment. The backyard further elevates the lifestyle experience with a sparkling pool and spa, an outdoor kitchen with a built-in BBQ, and a charming gazebo dining area perfect for gatherings and relaxation. Additional major upgrades include a newly replaced furnace and AC system valued at approximately $100,000, fully paid solar panels, and a backup generator, providing exceptional efficiency and peace of mind. All furnishings and equipment will remain with the property, creating a seamless and turnkey opportunity for the next owner. Ideally located minutes from parks, medical centers, shopping, and community amenities, this rare offering blends comfort, functionality, and long-term value in the heart of Yorba Linda.

Welcome to a truly one-of-a-kind residence, where vision and craftsmanship come together in perfect harmony. Thoughtfully designed and meticulously built by the seller, this extraordinary estate is as much a masterpiece as it is a home. Located in the desirable Pleasant Valley area, it offers the serenity you’re looking for amid expansive neighboring vineyards, wineries, orchards, and grazing land. From the moment you arrive at the gated entrance and wind your way up the tree-lined concrete driveway, you’re offered a striking and welcoming introduction to the estate, setting the tone for timeless elegance and privacy. Set on 52± acres with manicured lawns, sweeping 360-degree views, and two large-capacity wells, the property presents an exceptional opportunity to replant a vineyard or establish your preferred crop or orchard. The 6,800± sq. ft. residence is a showcase of thoughtful design and fine detail. At its heart, the living, dining, kitchen, and family rooms feature soaring two-story ceilings and clerestory windows that flood the interiors with natural light while framing expansive countryside views. Entertaining is effortless with a sunken formal living room, an open family room with wet bar, a gourmet island kitchen with walk-in pantry, multiple dining areas, and expansive concrete patios with outdoor BBQ island. Two dramatic fireplaces anchor the main living spaces, while private retreats include five bedrooms, four-and-a-half baths, an office/library/den, and a dedicated laundry and sewing room. The primary suite is both elegant and expansive, offering a fireplace, sitting area, dual walk-in closets, separate vanities, soaking tub, and an impressive walk-in shower. Luxury meets functionality with an attached three-car garage and a remarkable 5,300± sq. ft. detached shop featuring heat and air, mezzanine storage, and ample space for equipment, RVs, or an extensive car collection. A recently completed one-bedroom, one-bath guest suite with full kitchen and living area provides ideal accommodations for extended family or guests. Behind the beauty, the property has been carefully engineered with an elaborate irrigation system, underground water storage, and high-volume wells supporting both residential and agricultural use. A rare combination of vision, time, and uncompromising quality has created this exceptional estate—offered at a price well below replacement value. This is more than a home; it is a legacy property.