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  • Santa Barbara, CA 93101
    $2,650,000
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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...
    Oakland, CA 94601
    $2,650,000
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    We are pleased to present to the seasoned investors a unique investment property in a solid Oakland location in the Bartlett/Allendale neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside. The property was originally built in 1954, offers approximately 11,960 square feet www.eliteinvests.com of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on. The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus. The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. And the units have been extensively rehabbed upon turnover.
    Rowland Heights, CA 91748
    $2,650,000
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    2030–2040 Sierra Leone Ave presents a rare opportunity to acquire a 10-unit apartment complex in the highly desirable Rowland Heights, CA market. The property consists of two separate parcels: 2030 Sierra Leone Ave (six units) and 2040 Sierra Leone Ave (four units), with 2040 Sierra Leone qualifying for residential financing. The buildings total approximately 8,864 square feet and are situated on a spacious 19,631 square foot lot. Each unit features a 2-bedroom, 1-bathroom layout. All units are individually metered for gas and electricity. Each unit has their own on-site parking (total of 15 carport parking spaces and 3 open parking spaces). The property includes on-site common laundry facilities, offering added convenience for tenants and supplemental income. Recent capital improvements include roof upgrades, copper plumbing, and resurfaced parking areas. Extremely convenient location with easy access to retail stores, restaurants, coffee/tea shops etc.
    Los Angeles, CA 90026
    $2,650,000
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    The Witmer Apartments (280 Witmer St), a 23-unit value-add multifamily opportunity located in the heart of the rapidly evolving Westlake submarket of Los Angeles. Offered at a competitive basis of $115,200 per unit and $221 per square foot, the property features a strong in-place CAP rate of ±7.38% and GRM of 7.96x, providing immediate cash flow with substantial upside potential. The property offers approximately ±35% rental upside, with in-place rents that have historically performed at or above market levels within the Westlake submarket. This presents investors with a compelling opportunity to acquire a well-performing asset with clear pathways to increase revenue through unit renovations and operational improvements. Built in 1927, The Witmer Apartments consist of 23 units totaling ±12,000 square feet on a ±7,710 square foot lot, featuring an efficient unit mix of (22) studios and (1) one-bedroom unit. Units average approximately ±450–500 square feet (buyer to verify) and offer functional layouts that align with strong rental demand in the area. Ownership has completed significant capital improvements, including copper plumbing, a complete electrical panel upgrade, partial roof replacement (pitched portion), updated horizontal drain lines, new gas wall heaters, and a 100-gallon boiler. These upgrades reduce near-term capital expenditure risk, allowing investors to focus on executing a unit renovation strategy and capturing rental upside. Additional value-add opportunities include two vacant basement rooms with potential for storage or laundry income, as well as an underutilized rooftop with direct access and views of Downtown Los Angeles, offering potential for conversion into a tenant amenity space (buyer to verify).
    Los Angeles, CA 90041
    $2,650,000
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    Pleased to present 1215 Neola Street, a well-maintained multifamily investment opportunity located in the highly desirable Eagle Rock neighborhood of Los Angeles. Situated on a 7,000 SF R1-1 zoned lot, the property consists of approximately 3,618 SF of improvements and is currently configured as four income-producing units featuring an attractive unit mix of two spacious 3BR/2BA units and two 1BR/1BA units. Originally constructed in 1912 with a 1923 addition, portions of the property have been updated and remodeled in recent years.The property currently generates strong in-place income with stable tenancy and presents an opportunity for continued rental growth in one of Northeast Los Angeles' most sought-after rental markets. The front residence offers flexible living arrangements with separate entrances and functional layouts that appeal to a wide tenant pool. Buyer to independently verify all unit configurations, square footage, permits, zoning, and use with the City of Los Angeles.Additional features include gated access, on-site parking, updated dual-pane windows, landscaped outdoor areas, and a combination of stucco construction with contemporary California design elements. The property also includes additional lower-level/storage areas and excess land area that may provide future potential, subject to buyer investigation and City approval.Ideally located near the Colorado Boulevard corridor, Occidental College, Glendale, Pasadena, Downtown Los Angeles, and major freeway access including the 134 and 2 Freeways, the property benefits from strong rental demand and long-term neighborhood growth trends. This is an excellent opportunity for investors seeking a stabilized asset with upside potential in a premier Northeast LA location.
    Santa Monica, CA 90403
    $2,650,000
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    A rare two-building, 7-unit apartment community ideally situated in one of Santa Monica's most coveted and supply-constrained residential enclaves. Built in 1955 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event the kind of long-term, pride-of-ownership asset that rarely surfaces in one of Southern California's most desirable and barrier-to-entry coastal markets. Situated on a 7,525 square foot lot, the property totals 6,313 square feet of gross building area across two structures, offering an average of 902 square feet per unit. The asset features a well-diversified unit mix of three (3) one bedroom, one bath units, two (2) two-bedroom, one bath units, and two (2) two-bedroom, two bath units
    Oxnard, CA 93035
    $2,650,000
    2280
    sqft
    4
    Baths
    3
    Beds
    Located on the widest street on Hollywood Beach, this stunning Cape Cod style home with AC offers breath-taking ocean views without ocean front prices. This 3 beds/4bath 2280 sq ft home features second floor gourmet kitchen with top of the line appliances, including professional 6 burner stove, Bosch dishwasher, Carrera marble counters, white cabinets with darker tiles. 3rd floor primary has huge walk in closet and terrific views of Harbor, Mountains, Ocean and Islands. Possible 1st floor lock out with efficiency kitchen. This turn-key beauty could be bought fully furnished. What an opportunity!!
    Santa Monica, CA 90405
    $2,650,000
    1910
    sqft
    3
    Baths
    3
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    Move-in ready and fully-furnished townhome is well maintained and in pristine condition. Out-of-town, original owner barely used the unit since purchasing the property, which was newly constructed and delivered in 2012. Recent upgrades include brand new HVAC and water heater. Modern beachside townhome is located in the exclusive Ocean Park neighborhood of Santa Monica, just steps away from the sand and waves. This gorgeous and multi-level townhouse offers 3 bedrooms and 2 1/2 bathrooms plus plenty of outdoor space, including a ground level patio and private rooftop, as well as built-out office space in the basement. The best of coastal living with a cozy indoor-outdoor design and two-car private garage. The gated, 9 home community with private garage access and ground level front door provides a comfortable, intimate, and secure feeling to a new homeowner. With modern finishes throughout, this home boasts an open floor plan ideal for entertaining. The main level includes a stunning kitchen with sleek walnut cabinetry, which flows perfectly to the dining area and outside patio. The gourmet kitchen is equipped with top-of-the-line Miele appliances, including a refrigerator, gas stove, and ovens with convection and microwave functions. Relax in the spacious living space with access to the enclosed, bright, and spacious patio. The luxurious primary bedroom includes a ensuite bathroom with jet-style jacuzzi bathtub. Additional features include floor-to-ceiling windows allowing for an abundance of natural light, hardwood floors, laundry space, and storage. Relish breath-taking ocean views from your expansive and private rooftop deck. The strategic, central location is perfect for an active-lifestyle homeowner looking for easy walking/biking access to the beach, coastal bike path, and unlimited shopping, dining, and bars on Main Street, Third Street Promenade, Ocean Ave and Venice / Abbot Kinney. Access to LAX Airport is within 20 minutes and to the critical 10 Freeway in less than 5 minutes.
    Marina del Rey, CA 90292
    $2,650,000
    2101
    sqft
    3
    Baths
    3
    Beds
    Just one block to the beach and two blocks to the main channel this 2-story beautifully renovated home has all that you've been waiting for. Open and airy with light streaming in from all directions, there is a huge grassy front yard and a very open spacious side yard perfect for indoor/outdoor entertaining. Hardwood floors throughout with an open living room featuring a gas fireplace, dining space and a gourmet kitchen boasting custom wooden cabinetry, gas stainless cooktop and appliances plus large stone counters. The primary suite is a luxurious space with a gas fireplace, vaulted ceilings and a balcony facing the walk street. The ensuite spa like bathroom has a walk in shower and its own private balcony. The second bedroom is completely separate with ample closet space, the third bedroom is perfect for a private office or small guest bedroom, with an office nook just outside. An impressive roof top deck with mountain and ocean views. Very rare 2 car side by side private garage. This lovely home is located on a very charming walk street with easy access to all the neighborhood has to offer.

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