Benjamin Hsiang

Temple City CA Residential Income for Sale

We are pleased to present for sale a 6 unit apartment complex in prime Temple City on a spacious 9,113 square foot lot. Walking distance to shops and restaurants on Las Tunas Drive, Longden Elementary and Temple City High School, the property is ideally located and consists of one (1) two bedroom + 1 bathroom unit, four (4) one bedroom + one bathroom units, and one (1) studio + one bathroom unit. The two bedroom unit, which is located at the front of the property has the feel of a single story house and features its own in unit washer and dryer. Majority of the units have upgraded kitchens/bathrooms and the electrical service/panels were recently upgraded. There are 4 single car garages in the rear structure and additional open parking spaces between the two buildings. All the units are individually metered for both gas and electricity and there may be a possibility to convert some of the garages into an ADU (Buyer to verify with the city). Given the few amount of apartment buildings that ever come up for sale in Temple City, this is an extremely rare opportunity to acquire an investment property in the city that wont last long.

Santa Monica CA Residential Income for Sale

A rare opportunity to acquire (2) two side by side (11) unit apartment complexes in beautiful Santa Monica located at 1433 & 1437 Euclid Street. The properties sit on an expansive 15,017 sq. ft. double lot, and consist of eleven (11) 1+1 units, nine (9) 2+1 units and two (2) 2+2 units. A sleek contemporary design elevates 7 out of the 22 units in which no expense was spared. The beautiful renovations include new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing, electrical fixtures, in-unit washer/dryer and top of the line stainless steel appliance packages. The two buildings are ideally located just south of Santa Monica Blvd, and less than 2 miles from the famed Santa Monica Pier, Third Street Promenade, Santa Monica Place Mall, and the popular Santa Monica Beaches. Enjoy the strongest rental upside in the Los Angeles market by increasing the rents significantly, upon future vacancies. These gem properties are a fantastic addition to any savvy investor's portfolio producing stable income for years to come.

Los Angeles CA Residential Income for Sale

511 N Avenue 50 is a 6 unit apartment building in a premier Highland Park location. The property offers an investor various holding strategies. Primarily, a buyer has the ability to potentially capture a significant increase in rental income by taking advantage of current development incentives such as adding accessory dwelling units to the massive lot. Originally constructed in 1954, two separate structures sit on 10,790 SF parcel zoned RD1.5. Historically the property had a total of 8 units until 2010 buyer to verify. Each unit is separately metered for gas and electricity. The building is well situated on Avenue 50 which is a common thoroughfare that connects Figueroa and York boulevards two prime arteries in Northeast LA.Minutes to the 110 freeway, Metro Gold Line, and cycling distance to countless bars, restaurants, cafes and record shops. This is a rare value add deal in one of the most emerging markets in the country.

Los Angeles CA Residential Income for Sale

***CALL FOR OFFERS - 7/14/2022 @ 2:00 PM*** - First time on the market in over 50 years! 1415 Saltair Ave is a rare 9-unit investment opportunity ideally located in one of the most desirable West LA locations and situated between Wilshire Blvd and Santa Monica Blvd, just south of Brentwood. Boasting an outstanding WalkScore of 93 which provides tenants easy walkable access to many of the most popular dining options, entertainment venues, and shopping that West Los Angeles has to offer. Additionally, the neighborhood is central to major employment hubs in West LA/Brentwood, Culver City, and Silicon Beach offering an abundance of high paying jobs. The property offers an excellent unit mix of three 2-bedroom, 1.5-bathroom units and six 1-bedroom, 1-bathroom, units, all units featuring balconies or patios which allow tenants much desired outdoor space. All units come with at least one unique covered parking, with 2 bedrooms units having 2 parking, in tandem for a total of 12 Parking Spaces. Regular upkeep done by the previous owner will allow the new owner the ability to concentrate on further renovations that will increase operating income on this low maintenance property. Property has an on-site laundry room for additional income provided to owner. **Do not walk on property or speak with tenants.

Culver City CA Residential Income for Sale

A fantastic 1990 construction fourplex in a beautiful Culver City residential neighborhood. Culver City is centrally located as its minutes to the beach and tech hub, home to Google, Snapchat, Twitter, Oracle, Hulu and more. With quick access to both the 405 & 10 fwys, a short walk to an array of new eateries and nightlife makes this exact location the perfect choice for anyone looking to enjoy the best of LA life. Ideal unit mix features one 3 bed 3 bath "owner's unit" that will be delivered VACANT and three tenant occupied 2 bed 2 bath units. This is a great opportunity for owner-user to occupy and rent the other units. Another opportunity is to convert the parking into ADUs and create even more revenue! The property has been recently updated with new roofing, landscaping, hardscaping, water heater and electrical wiring for cameras. 3 of the units have been updated with fresh paint, laminate flooring, new locks, windows and blinds. Tenants have access to laundry that has been updated with a new washer as well as12 parking spaces, 10 of which are gated. The building entry is secured and all units have central air conditioning and heating.

Los Angeles CA Residential Income for Sale

We are pleased to present the opportunity to acquire a rare, 53-unit, multifamily value-add opportunity at 1520 Yosemite Drive in Eagle Rock, California. Offered for the first time in over 35 years, 1520 Yosemite is ideally situated in the center of Occidental College, Colorado Blvd, Eagle Rock Blvd & York Blvd Shopping, Cafes, Restaurants, Bars & Transportation. Delivered with 9 vacant units, this newer 1986 construction property offers an investor an extremely rare opportunity for a generational asset in one of the highest rental demand submarkets in Los Angeles. Not subject to the City of La Rent Stabilization Ordinance, an investor can take advantage of the statewide allowable rent increases (lower of 5% + CPI or 10%). The property consists of one free standing 2 bed 1 bath house, twenty-four 2 bed 1.5 bath units and twenty-eight 1 bed 1 bath units with balconies in every unit. With 53 tandem parking spaces (106 total), this is a great opportunity for an investor to convert some of the parking into additional ADUs to create substantially more revenue

Los Angeles CA Land Lot for Sale

Presenting a rare opportunity for a developer to acquire a development deal in the highly sought-after Westchester neighborhood. This property is located at 9033, 9037, & 9043 Ramsgate Ave and has received a Letter of Determination for 45 buildable units. There are three vacant fourplexes consisting of all one bedroom one bath units on the property. This development can be purchased individually, or as part of a combined 288 buildable unit portfolio within a quarter-mile radius with a total asking price of $28,300,000. This location is strategically situated just minutes from the world-renowned LAX airport, surrounded by major employers such as Google, Northrop Grumman, and Boeing, making it an ideal location for those seeking employment opportunities. The area also offers easy access to SoFi Stadium, home to the Los Angeles Rams and Chargers, which has become a major entertainment destination that hosts a variety of events throughout the year. A few miles west is Playa Del Rey, a vibrant beach town offering a relaxed atmosphere, access to the beach, and a variety of local shops and restaurants. Loyola Marymount University, one of the top private universities in the region, is also less than three miles away, adding a strong educational element to the area. Additionally, located just southwest of Westchester, El Segundo is a booming city home to the headquarters of several major corporations, including Mattel, Raytheon, and SpaceX. The average household income within two miles of this property assemblage exceeds $100,000, reflecting the tremendous economic strength of the area. In 2022, Google leased nearly 53,000 square feet of space in Playa Vista, indicating the strong potential for growth and development in the area. This unique investment opportunity is not to be missed by developers and institutions looking to quickly expand their ground-up portfolio and capitalize on the unlimited potential of this central area. With the acute housing shortage in Los Angeles, this opportunity also presents a chance to create high-quality housing options for one of the highest rental demand markets in California.

Los Angeles CA Land Lot for Sale

Presenting a rare opportunity for a developer to acquire a development deal in the highly sought-after Westchester neighborhood. This property is located at 8716-8722 Ramsgate Ave and has received a Letter of Determination for 30 buildable units. This development can be purchased individually, or as part of a combined 288 buildable unit portfolio within a quarter-mile radius with a total asking price of $28,300,000.This location is strategically situated just minutes from the world-renowned LAX airport, surrounded by major employers such as Google, Northrop Grumman, and Boeing, making it an ideal location for those seeking employment opportunities. The area also offers easy access to SoFi Stadium, home to the Los Angeles Rams and Chargers, which has become a major entertainment destination that hosts a variety of events throughout the year. A few miles west is Playa Del Rey, a vibrant beach town offering a relaxed atmosphere, access to the beach, and a variety of local shops and restaurants. Loyola Marymount University, one of the top private universities in the region, is also less than three miles away, adding a strong educational element to the area. Additionally, located just southwest of Westchester, El Segundo is a booming city home to the headquarters of several major corporations, including Mattel, Raytheon, and SpaceX. The average household income within two miles of this property assemblage exceeds $100,000, reflecting the tremendous economic strength of the area. In 2022, Google leased nearly 53,000 square feet of space in Playa Vista, indicating the strong potential for growth and development in the area. This unique investment opportunity is not to be missed by developers and institutions looking to quickly expand their ground-up portfolio and capitalize on the unlimited potential of this central area. With the acute housing shortage in Los Angeles, this opportunity also presents a chance to create high-quality housing options for one of the highest rental demand markets in California.

Los Angeles CA Land Lot for Sale

Presenting a rare opportunity for a developer to acquire a development deal in the highly sought-after Westchester neighborhood. This property is located at 9044, 9050, & 9058 Reading Ave and has received a Letter of Determination for 53 buildable units. There are three vacant one bedroom one bath units and eight vacant two bedroom one baths units on the property.This development can be purchased individually, or as part of a combined 288 buildable unit portfolio within a quarter-mile radius with a total asking price of $28,300,000. This location is strategically situated just minutes from the world-renowned LAX airport, surrounded by major employers such as Google, Northrop Grumman, and Boeing, making it an ideal location for those seeking employment opportunities. The area also offers easy access to SoFi Stadium, home to the Los Angeles Rams and Chargers, which has become a major entertainment destination that hosts a variety of events throughout the year. A few miles west is Playa Del Rey, a vibrant beach town offering a relaxed atmosphere, access to the beach, and a variety of local shops and restaurants. Loyola Marymount University, one of the top private universities in the region, is also less than three miles away, adding a strong educational element to the area. Additionally, located just southwest of Westchester, El Segundo is a booming city home to the headquarters of several major corporations, including Mattel, Raytheon, and SpaceX. The average household income within two miles of this property assemblage exceeds $100,000, reflecting the tremendous economic strength of the area. In 2022, Google leased nearly 53,000 square feet of space in Playa Vista, indicating the strong potential for growth and development in the area. This unique investment opportunity is not to be missed by developers and institutions looking to quickly expand their ground-up portfolio and capitalize on the unlimited potential of this central area. With the acute housing shortage in Los Angeles, this opportunity also presents a chance to create high-quality housing options for one of the highest rental demand markets in California.

Los Angeles CA Land Lot for Sale

Presenting a rare opportunity for a developer to acquire a development deal in the highly sought-after Westchester neighborhood. This property is located at 5716 Manchester and has received a Letter of Determination for 28 buildable units. The current structure at this address is one vacant office building. This development can be purchased individually, or as part of a combined 288 buildable unit portfolio within a quarter-mile radius with a total asking price of $28,300,000.This location is strategically situated just minutes from the world-renowned LAX airport, surrounded by major employers such as Google, Northrop Grumman, and Boeing, making it an ideal location for those seeking employment opportunities. The area also offers easy access to SoFi Stadium, home to the Los Angeles Rams and Chargers, which has become a major entertainment destination that hosts a variety of events throughout the year. A few miles west is Playa Del Rey, a vibrant beach town offering a relaxed atmosphere, access to the beach, and a variety of local shops and restaurants. Loyola Marymount University, one of the top private universities in the region, is also less than three miles away, adding a strong educational element to the area. Additionally, located just southwest of Westchester, El Segundo is a booming city home to the headquarters of several major corporations, including Mattel, Raytheon, and SpaceX. The average household income within two miles of this property assemblage exceeds $100,000, reflecting the tremendous economic strength of the area. In 2022, Google leased nearly 53,000 square feet of space in Playa Vista, indicating the strong potential for growth and development in the area. This unique investment opportunity is not to be missed by developers and institutions looking to quickly expand their ground-up portfolio and capitalize on the unlimited potential of this central area. With the acute housing shortage in Los Angeles, this opportunity also presents a chance to create high-quality housing options for one of the highest rental demand markets in California.

Los Angeles CA Residential Income for Sale

Presenting a rare opportunity for a developer to acquire a development deal in the highly sought-after Westchester neighborhood. This property is located at 8911-8917 Ramsgate Ave and has received a Letter of Determination for 30 buildable units. There are two vacant duplexes consisting of all two bedroom one bath units on the property. This location is strategically situated just minutes from the world-renowned LAX airport, surrounded by major employers such as Google, Northrop Grumman, and Boeing, making it an ideal location for those seeking employment opportunities. The area also offers easy access to SoFi Stadium, home to the Los Angeles Rams and Chargers, which has become a major entertainment destination that hosts a variety of events throughout the year. A few miles west is Playa Del Rey, a vibrant beach town offering a relaxed atmosphere, access to the beach, and a variety of local shops and restaurants. Loyola Marymount University, one of the top private universities in the region, is also less than three miles away, adding a strong educational element to the area. Additionally, located just southwest of Westchester, El Segundo is a booming city home to the headquarters of several major corporations, including Mattel, Raytheon, and SpaceX. The average household income within two miles of this property assemblage exceeds $100,000, reflecting the tremendous economic strength of the area. In 2022, Google leased nearly 53,000 square feet of space in Playa Vista, indicating the strong potential for growth and development in the area. This unique investment opportunity is not to be missed by developers and institutions looking to quickly expand their ground-up portfolio and capitalize on the unlimited potential of this central area. With the acute housing shortage in Los Angeles, this opportunity also presents a chance to create high-quality housing options for one of the highest rental demand markets in California.

Los Angeles CA Residential Income for Sale

We are excited to introduce this exceptional investment prospect in the bustling Westchester neighborhood. This vacant fourplex, housing four spacious one-bedroom one bath units, is ready for transformation. Interior renovation of all the units has begun by the seller with rough plumbing and electrical completed. New shower tile walls and bathtubs have been installed and other finish details are ongoing. The potential to add ADUs, subject to state and local laws, and the readiness for market-rate rentals post-Ellis Expiration on April 11, 2024, make this property a solid addition to any value-add investment portfolio. The property's prime Westchester location, a short distance from SoFi Stadium, and near to the beach town of Playa Del Rey, ensures a blend of vibrant city life and relaxed coastal living, a draw for a diverse range of potential tenants.

Los Angeles CA Residential Income for Sale

We are excited to showcase this outstanding investment opportunity in the bustling Westchester neighborhood. This fourplex, with all units being two-bedrooms one bath and two units delivered vacant, offers a remarkable value-add prospect for investors and owner-users. The potential for ADU addition, subject to state and local laws, enhances its desirability. Excellent for owner-user. The Westchester location boasts proximity to tech giants like Google, major aerospace corporations, and a variety of local amenities, all of which contribute to a thriving rental demand. This property offers an opportunity to partake in the area's rapid growth and revitalization.

Los Angeles CA Land Lot for Sale

Presenting a prime development opportunity in the highly sought-after Palms neighborhood. We are proud to bring to market this 6,289 sq ft R3-1 zoned lot with RTI plans for a 13 unit project. The well-designed plans feature a mix of 1, 2 and 3 bedroom units. There are currently three existing one bedroom one bath units on the property that will be delivered vacant. Situated just north of Venice Boulevard, this property boasts a Walk Score of 88, providing easy access to the countless shopping, dining and entertainment options in Culver City, Mar Vista, Century City, Beverly Hills, Marina Del Rey and Santa Monica. Surrounded by numerous major development projects, this part of Palms is experiencing a surge of activity and offers significant potential for expansion. The average household income within one mile exceeds $110,000, and major companies such as Sony Studios, Amazon Studios and HBO have established offices nearby, contributing to the tremendous employment growth in the area. Amazon recently leased 280,000 SF of space at Culver Studios, while HBO leased a five-story office building under construction adjacent to the Culver City Station of the Metro Line. Apple also plans to expand its presence in Los Angeles and expects to have more than 3,000 employees in Culver City by 2026. This property is also close to the booming Downtown Culver City area, known for its vibrant cultural scene, pedestrian-friendly streets, and diverse culinary offerings. The area has undergone significant revitalization in recent years, attracting new businesses, residents and visitors alike. The Ivy Station development, located just a short drive away, has brought in new office space, housing and retail to the area, further enhancing its appeal. This presents an excellent opportunity for investors looking to capitalize on the growth of this rapidly transforming neighborhood. Don't miss your chance to invest in this thriving area with unlimited potential.

Los Angeles CA Residential Income for Sale

We are pleased to present this exceptional investment opportunity in the heart of Westchester. This triplex, with all units being two-bedrooms one bath and delivered with one unit vacant, is an excellent value-add proposition for investors and owner-users. The potential for ADU development, subject to state and local laws, enhances its appeal. The property's prime location, a stone's throw away from major employers and vibrant commercial hubs, offers a unique blend of convenience and lifestyle. This balance is bound to attract a diverse range of potential tenants.

Los Angeles CA Commercial for Sale

We are proud to present a unique investment opportunity in the thriving Westchester neighborhood. This 100% vacant office building is perfect for an owner/user, renovation or redevelopment. Located in an area teeming with economic strength and growth, this property is an opportunity to capitalize on the robust commercial demand in the region. Its Westchester location, minutes away from LAX and major employment hubs, make it an attractive proposition for potential commercial tenants, boosting its potential return on investment.

Santa Monica CA Residential Income for Sale

Proudly presenting 817 12th Street, a unique multifamily investment opportunity nestled in Santa Monica's coveted Montana neighborhood. With a diverse unit mix of two 3-bedroom 2-bath, five 2-bedroom 1.5-bath, and four 2-bedroom 1-bath residences, this 11-unit building effortlessly caters to a broad tenant base. Located mere steps from the vibrant retail strip of Montana Avenue and surrounded by top-tier schools, 817 12th Street presents an unbeatable combination of affordability, premier location, and impressive growth potential. The property's unique value proposition includes the delivery of four vacant units - two elegantly renovated and two awaiting creative transformation, providing a clear path to value-add. Moreover, the property's current units with 30% AMI deed restricted affordability housing status applying to all units, enables a more accessible entry point for investment while still offering substantial cash flow upside, particularly in tandem with the Section 8 program. The potential to incorporate multiple Accessory Dwelling Units (ADUs) by converting existing garages and storage spaces, which may not bound by the deed restriction, provides an immediate opportunity for significant equity appreciation. Ample parking arrangements, with 15 off-street spaces including garages and open spaces, enhance tenant appeal. Santa Monica, an epicenter for high-tech, entertainment, and creative industries, is home to renowned companies like Hulu, Google, and Snapchat, providing a stable employment base for prospective tenants. Add to this the city's coastal charm, outdoor lifestyle, and its reputation as a cultural hub, and this property emerges as a high-performing asset in a robust rental market.

Santa Monica CA Residential Income for Sale

Presenting 1427 15th Street, a prime multifamily investment in Santa Monica's vibrant mid-city area. This property offers 10 units, featuring a mix of one 3-bed 2-bath, two 2-bed 2-bath, four 2-bed 1-bath, and three 1-bed 1-bath residences, catering to a wide range of tenant preferences. Located in the heart of mid-city Santa Monica, just blocks to Downtown Santa Monica, this property enjoys a central position, providing easy access to a wealth of amenities, including shopping, dining, and entertainment options. Delivered with six vacant units, including three already renovated and three ready for transformation, this property presents an immediate value-add opportunity. The 10 parking spaces, consisting of one tandem, two single garages, and seven single spaces, ensure convenient parking options for residents. With a 30% AMI deed-restricted affordability status applying to 80% the existing units, this property offers a unique advantage, ensuring a competitive entry price point while also giving investors the opportunity for substantial cash flow upside, particularly in tandem with the Section 8 program. Additionally, the potential to incorporate multiple Accessory Dwelling Units (ADUs), which may not bound by the deed restriction, provides an immediate opportunity for significant equity appreciation. Unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are not deed-restricted and can be leased out at market rents. Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. Benefitting also from its proximity to major employment centers, such as the thriving tech, entertainment, and creative sectors, this property attracts a diverse pool of potential tenants. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market.

Arcadia CA Residential Income for Sale

We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 2004 construction quality asset in a thriving rental market. Situated on a 15,766 square foot lot, the building is approximately 11,486 square feet and features a unit mix of six 3 bedroom 2.5 bath units and one 3 bedroom 2 bath unit. The property is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups, separate meters for gas and electricity, and direct access to the unit from their assigned garage. Select units have been upgraded with wood flooring and countertops and there may be a potential future condo conversion possibility (Buyer to verify with the city).

Santa Monica CA Residential Income for Sale

CALL FOR OFFERS DEADLINE AUGUST 10th @ 2:00 PM - NOW SCHEDULING TOURS - CALL OR EMAIL FOR TOURING AVAILABILITY - We are proud to present a unique acquisition opportunity at 605 San Vicente Boulevard, Santa Monica, California. This 30-unit multifamily property presents an unparalleled value-add proposition set within a landscape abundant in luxury and accessibility. Built in 1973, the property boasts a total of 30 units, with 9 currently vacant and presenting a unique opportunity. Featuring a 41,832 square foot building on a 22,318 square foot lot, the unit mix is ideal with (12) two bedroom two bath units, (12) one bedroom one bath units and (6) two bedroom two bath units with an additional den. This sets the stage for discerning investors to rejuvenate a generational asset within one of Los Angeles' high-demand rental markets, unlocking the potential for commanding premium rents. As Los Angeles continues to flourish in this dynamic era, there is a noticeable uptick in the appetite for upscale beachside apartment living. Six of the property's 30 units have already been elegantly upgraded to embody opulence, with features like superior finishes, cutting-edge appliances, in-unit washer and dryer, recessed lighting, and remodeled kitchens and bathrooms. This gem in the heart of Northern Santa Monica is situated amid a dynamic blend of premier job opportunities, high-end shopping venues, gourmet dining, lively bars, diverse entertainment, and seamless transportation networks. Merely a leisurely stroll from the radiant Santa Monica beach and nestled comfortably between the plush Montana Avenue and Pacific Palisades neighborhoods, 605 San Vicente Boulevard epitomizes the Santa Monica lifestyle. The property, located within Silicon Beach's thriving tech sphere, counts industry heavyweights like Snapchat, Hulu, and HBO among its neighbors. The communal rec room holds the potential for the introduction of community amenities such as a gym or a business center, or even transformation into an Accessory Dwelling Unit (ADU) for added revenue. Residents will compete for a place in this sanctuary, where they will enjoy luxury living spaces and a tranquil oasis in LA's most sought-after neighborhood. With its unparalleled location and untapped earning potential, 605 San Vicente Boulevard promises investors long-term, robust returns. Investing in this property translates to investing in an idyllic Santa Monica lifestyle.

Los Angeles CA Residential Income for Sale

We are pleased to present this exceptional investment opportunity in the heart of Westchester. This triplex, with all units being one-bedroom one bath and delivered with one unit vacant, is an excellent value-add proposition for investors and owner users. The potential for ADU development, subject to state and local laws, enhances its appeal. Property is being offered for sale individually or as a portfolio with the adjacent properties at 9038 and 9044 Reading; The property's prime location, a stone's throw away from major employers and vibrant commercial hubs, offers a unique blend of convenience and lifestyle. This balance is bound to attract a diverse range of potential tenants.

Los Angeles CA Residential Income for Sale

We are pleased to present this exceptional investment opportunity in the heart of Westchester. This triplex, with two one-bedroom one bath units and one two bedroom one bath unit, is an excellent value-add proposition for investors and owner-users. One of the two one bedroom units will be delivered vacant. The potential for ADU development, subject to state and local laws, enhances its appeal. Property is being offered for sale individually or as a portfolio with the adjacent properties at 9030 and 9044 Reading; The property's prime location, a stone's throw away from major employers and vibrant commercial hubs, offers a unique blend of convenience and lifestyle. This balance is bound to attract a diverse range of potential tenants.

Alhambra CA Residential Income for Sale

FULLY VACANT...We are pleased to present the exclusive listing of this five unit apartment building, built in 1977 and offered fully vacant. This is a rare and prime opportunity to renovate right away then rent all the units out at full market with NO existing tenants to deal with. The property features one spacious 3 bedroom + 2.5 bathroom unit, three 2 bedroom + 1.5 bathroom units and one 2 bedroom + 1 bathroom unit. Units have Central AC and heating systems. There are three fully enclosed garages that can be rented out for extra income as well as an on-site laundry room where the central water heater is located. Four units feature fenced in outdoor patio areas that act as an extension of the living space. There are 5 open parking spaces, two carport spaces and three enclosed garages for a total of 10 on-site parking spaces.

South Pasadena CA Residential Income for Sale

We are pleased to introduce 319 Raymondale, an exceptional 6-unit apartment complex boasting pride of ownership, nestled in one of South Pasadena, California's most coveted locations. Remarkably, this property has remained under the same ownership for over three decades and has not been available for sale during this extended period. This two-story building constructed in 1953, showcases generously sized two-bedroom, one-bathroom units which are approximately 1,300 square feet each. The total building spans an impressive 7,792 square feet and is situated on a 10,861 square foot lot. The current ownership has made significant recent improvements, including a brand-new roof installed in 2020, upgraded windows, new exterior staircases, and the installation of 5 new central HVAC units. Additionally, the property features a shared laundry room, equipped with seller-owned machines, and each unit is separately metered for electricity and gas. Ample parking provisions are provided by 6 parking spaces accessible via the common driveway. A majority of the units have undergone modern upgrades, featuring new flooring, contemporary kitchen cabinets adorned with quartz or granite countertops, updated plumbing and electrical fixtures, new appliances, and new bathroom vanities. Furthermore, each unit boasts its own private patio or balcony, inviting natural light to flood the interior spaces.

Pasadena CA Land Lot for Sale

We are pleased to present a unique opportunity to acquire an entitled development site for a 23-unit apartment complex located at 130-140 N. Mar Vista Avenue in Pasadena. Expertly designed by the well-known Tighe Architecture firm, the proposed building features 13 two-bedroom + two-bath units, 9 one-bedroom + one-bath units, and 1 studio + one-bath unit situated above one level of subterranean parking. One of the biggest hurdles in Pasadena is obtaining design and concept approval for a residential development. This project has successfully cleared and secured that final approval. It is now ready for the next phase, construction design drawings and City plan check, en route to obtaining Ready to Issue (RTI) permits status and then start construction. This stage allows a new owner the flexibility to use any or all their own consultants and preferred companies for the CD process. The design of the building encompasses Pasadena's architectural heritage and enriches it with a modern touch. The project features ground level resident garden areas as well as a private rooftop garden and deck space. The site consists of two lots totaling +/- 15,426 square feet and with a corner location the project is designed for efficient use of space and maximum curb appeal. A huge advantage to a newly constructed property is the exemption from local Pasadena rent control laws, providing an owner with greater operational flexibility. Strategically situated south of the 210 freeway, the location offers easy access to the Metro Gold Line and South Lake Avenue, enhancing its attractiveness to prospective residents in what is already a consistently high demand rental city. Currently there is a house and a triplex on the lots that are being rented out month to month and generate a total monthly income of almost $7,300. In summary, this is a compelling investment opportunity that combines a prime location, thoughtful design, and operational advantages in a robust rental market.

Pasadena CA Residential Income for Sale

We are pleased to present a unique opportunity to acquire an entitled development site for a 23-unit apartment complex located at 130-140 N. Mar Vista Avenue in Pasadena. Expertly designed by the well-known Tighe Architecture firm, the proposed building features 13 two-bedroom + two-bath units, 9 one-bedroom + one-bath units, and 1 studio + one-bath unit situated above one level of subterranean parking. One of the biggest hurdles in Pasadena is obtaining design and concept approval for a residential development. This project has successfully cleared and secured that final approval. It is now ready for the next phase, construction design drawings and City plan check, en route to obtaining Ready to Issue (RTI) permits status and then start construction. This stage allows a new owner the flexibility to use any or all their own consultants and preferred companies for the CD process. The design of the building encompasses Pasadena's architectural heritage and enriches it with a modern touch. The project features ground level resident garden areas as well as a private rooftop garden and deck space. The site consists of two lots totaling +/- 15,426 square feet and with a corner location the project is designed for efficient use of space and maximum curb appeal. A huge advantage to a newly constructed property is the exemption from local Pasadena rent control laws, providing an owner with greater operational flexibility. Strategically situated south of the 210 freeway, the location offers easy access to the Metro Gold Line and South Lake Avenue, enhancing its attractiveness to prospective residents in what is already a consistently high demand rental city. Currently there is a house and a triplex on the lots that are being rented out month to month and generate a total monthly income of almost $7,300. In summary, this is a compelling investment opportunity that combines a prime location, thoughtful design, and operational advantages in a robust rental market.

Pasadena CA Land Lot for Sale

We are pleased to present a unique opportunity to acquire an entitled development site for a 23-unit apartment complex located at 130-140 N. Mar Vista Avenue in Pasadena. Expertly designed by the well-known Tighe Architecture firm, the proposed building features 13 two-bedroom + two-bath units, 9 one-bedroom + one-bath units, and 1 studio + one-bath unit situated above one level of subterranean parking. One of the biggest hurdles in Pasadena is obtaining design and concept approval for a residential development. This project has successfully cleared and secured that final approval. It is now ready for the next phase, construction documents and City plan check, en route to obtaining Ready to Issue (RTI) permits status and then start construction. New owner has the flexibility to use all of their own consultants and preferred companies for the CD process. The design of the building encompasses Pasadena's architectural heritage and enriches it with a modern touch. The project features ground level resident garden areas as well as a private rooftop garden and deck space. The site consists of two lots totaling +/- 15,426 square feet and with a corner location the project is designed for efficient use of space and maximum curb appeal. A huge advantage to a newly constructed property is the exemption from local Pasadena rent control laws, providing an owner with greater operational flexibility. Situated south of the 210 freeway, the location is walking distance to a Metro Gold station and South Lake Avenue, enhancing its attractiveness to prospective residents in what is already a consistently high demand rental city. Currently there is a house and a triplex on the lots that are being rented out and generate a total monthly income of almost $7,300. In summary, this is a compelling investment opportunity that combines a prime location, thoughtful design, and operational advantages in a robust rental market.