Gary Tolfa

Santa Ana CA Residential Income for Sale

We are pleased to present Casa Los Amigos, a 22-Unit condo community, currently being operated as apartments, in the city of Santa Ana, CA. The property features a mix of spacious 1 and 2-bedroom units, equipped with laminate wood flooring, balconies/patios, stainless steel sinks, gas wall heaters, wall a/c, and ceiling fans. The property amenities include controlled access, gated and covered parking (19 covered, 8 open), lush landscaping, and a shared laundry facility. The asset has been well maintained and professionally managed throughout ownership. Years prior, ownership converted and permitted the units into individually parceled condos, providing a buyer with the opportunity to sell the units individually. Casa Los Amigos currently generates a 5.6% cap rate on existing income, with a proforma cap rate of 8.0%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.

Huntington Beach CA Commercial for Sale

We are pleased to present this wonderful beachside apartment complex built in 1972, a rare investment opportunity in Huntington Beach. The property is conveniently located within walking distance to downtown Huntington Beach and also Pacific City, both highly desirable locations with lots of shopping, restaurants and entertainment. Each unit has an enclosed garage with remote garage doors. The building has been well maintained with large units. Investors have the opportunity to acquire a prime property with steady cash flow and potential for value add appreciation. With a 5.2% cap rate on market rents the property has huge upside potential. Dont miss out on this exceptional chance to own a well-maintained and profitable investment property in a prime location.

Fullerton CA Commercial for Sale

We are pleased to present the Southgate Apartments, a turnkey 5-unit apartment complex located in Fullerton, CA. The property offers an easy to manage unit mix of all large 1-bedroom 1-bath units. The building has undergone extensive capital improvements in both the interior and exterior in recent years, giving it a modern appeal. Some of these upgrades include stainless-steel appliances, new laminate wood flooring, quartz countertops, new cabinetry, and upgraded bathrooms. Additional features include garage parking, a shared laundry facility and copper plumbing throughout the property. With strong in-place rents generating a current cap rate of 4.3%, 4.8% with market rents, this asset is easy to manage and is conveniently located near Downtown Fullerton, Fullerton College, and Cal State Fullerton.

Pasadena CA Commercial for Sale

We are pleased to present Michigan Apartments, a 5-unit apartment community in Pasadena, CA. The property offers an ideal unit mix of one- and two-bedroom units and is situated near California Institute of Technology, Pasadena City College, and Old Town Pasadena. The property has been overlooked by a professional management company and has undergone recent interior and exterior improvements, such as new windows, kitchens, bathrooms, laminate wood flooring, quartz countertops, and stainless-steel appliances. Additional features include covered parking, a shared laundry facility, and individual water heaters. The front two units of the property were constructed in 1898 and the rear 3-units of the property were built in 1963. With strong in-place rents generating a current cap rate of 4.4%, 5.2% with market rents, this is an inflation and recession proof investment with easy to rent units in an irreplaceable location.

Anaheim CA Home for Sale

WONDERFUL CASH FLOWING DUPLEX IN ANAHEIM CLOSE TO DISNEYLAND AND THE ANAHEIM PACKING DISTRICT. PERFECT FOR SOMEONE LOOKING FOR THEIR FIRST INVESTMENT PROPERTY OR TO LIVE IN ONE UNIT AND RENT OUT THE OTHER. BOTH UNITS HAVE 2 BEDROOMS AND 1 BATHROOM AND A PATIO. PROPERTY LOCATION IS PERFECT!! DO NOT DISTURB TENANTS!!!

Anaheim CA Residential Income for Sale

The Dresden Court Apartments has been under longterm ownership with professional management for over 20 years. The owners have thoroughly maintained and upgraded the property as needed throughout the years, including; roof, new plumbing, garage doors, and interior upgrades. The Dresden Court Apartments offer an astute investor the opportunity to purchase an income producing property with extremely strong rents in place and the potential to achieve a 5.7% cap rates with a legal rent increase.

Long Beach CA Residential Income for Sale

PROBATE SALE;Pleased to present the opportunity to acquire the Canton Street Property, a 11-unit apartment building located in Long Beach, CA. Built in 1963; the property offers an excellent unit mix of six 1 bedroom units, four 2 bedroom units, and one 3 bedroom unit. The property is well maintained with a laundry facility, and ample parking. The property will be delivered with three vacant units at close which would offer an attractive 5%+ CAP on current numbers with the opportunity to produce over a 6% CAP on Market Rents. There are three units currently vacant. Actual rents are including those units at market rents. Current Income is $10,370.

Santa Ana CA Residential Income for Sale

The Annaandel Apartments is an 8-unit apartment building located in the Willard neighborhood of Santa Ana, CA. This property offers a diverse unit mix of 1, 2, & 3 bedroom units which are always in high demand. The property features an on-site laundry facility, garage & assigned parking, a new tankless water heater system, and mostly all upgraded units with laminate wood flooring. The Annaandel Apartments offer an investor the opportunity to purchase a well-performing asset with 15% upside in rents.

Long Beach CA Residential Income for Sale

Pleased to present the opportunity to acquire the 1st Street Property, a 4 unit building located steps from Ocean Blvd. Built in 1969, this property offers a good variety of large 2 and 3 bedroom units. The property includes 5 garages and is individually metered for gas and electricity, and is owner occupied. The 1st Street Property offers an investor the unique opportunity to purchase a well-located asset with a 4.2% Cap on current rents.

Vista CA Residential Income for Sale

Hillside Village Apartments is a 7 unit garden-style apartment complex located in the thriving city of Vista. Built in 1985 the project sits on .34 acres in an area surrounded mostly by single family homes. Hillside Village has been extremely well maintained with new exterior paint, rehabbed units, and drought-resistant landscaping. Hillside Village sits on a hilltop location with close access to downtown vista and the 78 corridor freeway. The rents at Hillside still have a lot of room for growth, allowing an investor to stabilize the property at over a 5% CAP. There is also RUBS implemented with tenants paying a majority of the utilities.

Pasadena CA Residential Income for Sale

Presenting the opportunity to acquire Summit Apartments, an excellent value-add apartment building situated in the Villa Parke community of Pasadena. The property offers a mix of one and two-bedroom units with amenities such as new laminate wood flooring, stainless sinks, and patios/balconies. The apartment building is a gated community and features a laundry room, covered parking, and copper plumbing. This property offers an investor the opportunity to acquire a 1989 constructed asset with approximately 20% upside in rents, a current cap rate of 3.8%, and a market cap rate of 5.3%.

Long Beach CA Residential Income for Sale

Pleased to present the opportunity to acquire 2nd Street Property, an incredible turnkey apartment building situated in the desirable Belmont Heights neighborhood of Long Beach. The property offers a diverse unit mix of large studios, one and two-bedroom units with a vintage feel, but having a modern layout. The apartment building features a laundry room, storage compartments, and a great location with many of Long Beachs finest attractions only minutes away. This property offers an investor the opportunity to acquire a valuable income-producing asset with a current cap rate of 3.6% and a market cap rate of 4.6%.

Pasadena CA Commercial for Sale

We are pleased to present the opportunity to acquire Oakland Apartments, a well-kept, near-turnkey asset in Pasadena, CA. The property offers an ideal unit mix of large 1- and 2-bedrom units. 6 of 8 units have been meticulously renovated with laminate wood flooring, quartz countertops, stainless steel appliances, custom kitchen cabinetry, remodeled bathrooms and new wall A/C units. Other upgrades include a new roof which was put on in 2022, some new windows, and a new shared laundry facility which is owned by the owner. The property will also be delivered with (2) vacant 2-bedroom unit, presenting the opportunity for an investor to rent it for full market rent, generating a current cap rate of 4.6%, 5.8% with market rents.

Fullerton CA Commercial for Sale

We are pleased to present the Malden Villa Apartments, a turnkey 12-unit apartment complex located in Fullerton, CA. The property offers an easy to manage unit mix of mostly of large 2 bedroom units. The building has undergone extensive capital improvements in both the interior and exterior in the last year, giving it a modern appeal. Some of these upgrades include new appliances, new laminate wood flooring, quartz countertops, new cabinetry, and upgraded bathrooms. Additional features include garage parking, a shared laundry facility and copper plumbing throughout the property. This property has great curb appeal with nothing left to do except collect rent, this asset is easy to manage and is conveniently located near Downtown Fullerton, Fullerton College, and Cal State Fullerton.

Garden Grove CA Commercial for Sale

We are pleased to present the Alwood Garden Apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. The property boasts an open layout and is located in a great rental location near the 22 freeway. The current rents provide a 4.5% cap rate, with a 40% potential upside in rents. This presents a great opportunity for investors looking to increase their cash flow and equity. With the potential for higher rents and the propertys prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.

Pasadena CA Commercial for Sale

We are pleased to present El Molino Apartments, a 5-unit apartment complex in Pasadena, CA. The property offers an ideal unit mix consisting of generously sized studio, one, and two-bedroom units, situated within walking distance from Old Pasadena. The building is in pristine condition as it has been professionally managed and has undergone full interior and exterior improvements. Upgrades include copper plumbing, updated electrical system, new windows, hard wood flooring, stainless steel appliances, quartz countertops, new cabinetry, upgraded bathrooms and state of the art mini-split HVAC systems. Additional features include garage parking (5 spaces), open parking (4 spaces), yards/balconies, and washer/dryer hookups. With strong in-place rents generating a current cap rate of 4.6%, 5% with market rents, this low maintenance trophy asset is a perfect fit for any investor looking to expand their real estate portfolio.