Brice Head
This profile has not yet been claimed or personalized. If you are Brice, you can claim and unlock this agent profile to showcase your experience, specialties, and contact details for prospective buyers and sellers. Brice Head appears to specialize in selling homes in areas including: Rancho Mirage, CA, San Pedro, CA, Long Beach, CA, Inglewood, CA, Harbor City, CA, Los Angeles, CA, Lake Elsinore, CA, Manhattan Beach, CA, Torrance, CA, Palm Springs, CA. List prices for homes in these areas have ranged from $775,000 to $10,999,999.
83
Closed Sales
$309.5M
Total Value
$775K - $11M
Price Range
$3.7M
Average Price
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SOLD/OFF MARKET LISTINGS
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Rancho Mirage CA Residential Income for Sale
Excellent investment opportunity to acquire a beautifully remodeled, fully rented 11 unit classic mid-century complex in a prime Rancho Mirage location. A solid quality offering, fully rented with 12 months leases to quality tenants. There is a tremendous upside potential available here. Included in this sale is also the next door vacant parcel of 12197 SqFt with APN # : 689-202-031. According to the Rancho Mirage Planning Department this vacant parcel can be utilized to construct additional carports and /or duplex. The complex consists of a 2 story building with a very attractive courtyard pool spa recreational area. There is a good mix of 1 BR , 2 Br and 3 Br units. All very spacious with considerably more square footage than market average. Extraordinary views of the mountains and the surrounding desert in every direction! Access only with accepted offer. Please do not disturb the tenants.
❮❯Closed$2,050,000 Closed- bds
- 0 ba
- sqft
39950 BIRD Lane
Rancho Mirage, CA
Listing by: Panayot Tomov - Coldwell Banker Realty -
San Pedro CA Residential Income for Sale
2 contiguous, 4 unit properties (2 APNs) comprising a fully-gated and secured 8 unit property. The buildings have very large units averaging almost 1,000 square feet each. The large 4 Bed units have a private yard and the other units enjoy the use of private balconies. The entire asset was tented and section 1 termite work completed, recently. In addition, new water heaters were recently installed. Also, the property's rental income is largely guaranteed every month. All units are Section 8, which means the income comes early every month without fail. Even better, all units are eligible for an increase - the allowable "city of LA" increase for 2019-2020 is 4%. And if you got rents to the maximum allowable, by Section 8, you'd be clicking along at over a 6% cap.
❮❯Closed$2,399,000 Closed- bds
- 0 ba
- 7800 sqft
357 W 9TH Street
San Pedro, CA
Listing by: Brice Head - Marcus & Millichap -
Long Beach CA Residential Income for Sale
A seamless investment opportunity - an 'easy' acquisition for a novice investor or a painless addition to a seasoned investor's portfolio. The subject property has been extensively and elegantly rehabbed with $400,000 of capital expenditure. The attractive, mid-century modern aesthetic attracts a discerning renter. 10 of the 16 units have been gutted and redone. The owners, admittedly, overspent and it shows. All new surfaces, flooring, fixtures. You name it, it's new. In addition to the interior rehab, the rehabbed units have had A/C installed. On the exterior, the entire façade has been re-imaged. Also, new windows and extensive drought-tolerant landscaping, in front and along both sides of the building. The 1985-built, all 2 Bedroom asset, is 25 years newer than the 'average' Long Beach apartment property; IMMEDIATE UPSIDE TO A 6% CAP WITH JUST MODEST INCREASES TO THE REMAINING 6 UNITS.
❮❯Closed$5,095,000 Closed- bds
- 0 ba
- 12270 sqft
1060 OLIVE Avenue
Long Beach, CA
Listing by: Brice Head - Marcus & Millichap -
Inglewood CA Residential Income for Sale
We are pleased to present this great opportunity to purchase an apartment complex in the City of Inglewood. Inglewood is the hottest market for multifamily properties in Southern California and these units are located in it's best pocket for rentals. The property consists of two six unit buildings with two-two bedroom apartments and four-one bedroom apartments each. The units average approximately 800 square feet each and they were built in 1958. The buildings have been well maintained but there is tremendous upside potential with an aggressive renovation-upgrade program which would allow for significant rent increases upon turnover. Currently there are four vacant units and market rents have been projected in the income analysis. Carport parking is available for all units. Please do not walk on property or disturb the tenants.
❮❯Closed$3,200,000 Closed- bds
- 0 ba
- 9288 sqft
620 AERICK Street
Inglewood, CA
Listing by: Jerome McAlpin - McAlpin & Company -
Harbor City CA Residential Income for Sale
A highly-accessible and highly-visible location between Torrance and the 110 Freeway. A VALUE-ADD opportunity for a savvy investor with the added appeal of potential seller-financing. The property is made up of 7 apartment units and 3 retail/storefronts. The 3 retail/storefronts (Units 1,2, & 4) will be delivered vacant - the buyer can cherry pick the tenants a/o reconfigure the spaces, and name a desired rent for those spaces. In addition, 2 of the apartment units will be delivered vacant, as well. The Buyer will enjoy an immediate market rent in 5 of the 10 units soon after closing. The Seller recently put a new "cool" roof on ($27K), just repainted the exterior and is completing the 2nd floor decking now. Potential 9% cap upside!?!
❮❯Closed$1,699,000 Closed- bds
- 0 ba
- sqft
1401 PACIFIC COAST Highway
Harbor City, CA
Listing by: Brice Head - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
The 10 unit subject property is 1/2 block from some of LA's hippest retail and dining along Venice Blvd, several blocks from Sony Studios and boasts a Walkscore of 91. In addition to being ideally located: the Seller recently completed the LADBS Mandatory Soft Story Retrofit ($120,000+/-), all the 2 Bed units (one of which is townhouse-style) have 2 Baths, the roof is newer and the building has benefited from conscientious and steady maintenance, due to long-term, local ownership. The building is fronted by attractive landscaping and has a secured entry. And there's plenty of parking underneath and off the alley - almost 20 spaces, some tandem. There's an on-site laundry facility and the property has separate gas and electric meters.1976-construction, large units that average almost 900 square feet and 200 bps of unrealized rent upside on market rents! A tried-and-true investment opportunity in one of the Westside's most-desirable rental submarket.
❮❯Closed$3,399,000 Closed- bds
- 0 ba
- sqft
3755 JASMINE Avenue
Los Angeles, CA
Listing by: Brice Head - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
A bungalow-style property in the heart of one of LA's densest rental submarkets. The property sits on an enormous 17K sq. ft. lot. Unlike the typical, stacked apartment building, these units afford a renter a superior "home-like" rental option with front and back yards and back doors. And the 'openess' is felt on the street, as well - low-density location with an elementary school next door, fire station across the street and single family homes up-and-down the block. The building has been well-run, for decades, by a local operator. A good "buy-and-hold" opportunity minutes to Downtown LA, USC and Huntington Park.
❮❯Closed$1,199,000 Closed- bds
- 0 ba
- sqft
1182 E 52ND Street
Los Angeles, CA
Listing by: Brice Head - Marcus & Millichap -
Lake Elsinore CA Residential Income for Sale
The Mountain Ridge Apartments is a 16-unit apartment building located at 1410 Morro Way in the city of Lake Elsinore, CA. Situated on a 0.45 Acre corner lot, the property is built in 1979 and has an estimated 12,435 rentable square feet. The property has a desirable unit mix 11 two bedroom / one bath units and 5 one bedroom / one bath units. In the past 2 years, 12 of the 16 units have been upgraded with the following: wood vinyl plank flooring & new carpet in the bedrooms, new gas stove & oven with microwave, updated kitchen & bathroom counter tops, new two-tone paint, baseboards and ceiling fans. In addition, each unit has Central A/C & Heat, Individual Water Heater and Copper Plumbing. The units are individually metered for gas & electric and the landlord pays for water, trash and sewer. The common area provides the tenants one large laundry room, 16 enclosed garages and 16 covered spaces. The Mountain Ridge Apartments is located adjacent to the Ortega Highway (State Route 74), connecting Lake Elsinore directly to Orange County. Said property is a rare opportunity to purchase a well-maintained property in a rapidly growing area of the Inland Empire.
❮❯Closed$2,875,000 Closed- bds
- 0 ba
- 12435 sqft
1410 Morro Way
Lake Elsinore, CA
Listing by: KEVIN STRUVE - MARCUS & MILLICHAP -
San Pedro CA Residential Income for Sale
A very spacious 4 unit with vast views of the LA Basin and Harbor. The subject property is ideally-located in the highly sought after Pt. Fermin submarket of San Pedro - known for its genteel, lifestyle and beautiful Pt. Fermin park, situated 200 feet above the crashing waves of the Pacific.The building has a massive 1K sq. ft 2 Bed/2 Bath unit on the top floor with a 300 sq. ft deck offering wonderful views and premium, market rent always. All units have washer/dryer hookups. 3 of the 4 units delivered vacant and ready to be made "market rent ready" - an excellent, immediate hedge against rent control's constraints. (units 545, 549, 551 are modeled at a market rent; 547 is currently rented at $1,695)Seller may carry a 70% +/-note at a competitive 5% interest-only rate for 3-5 years -possibly longer. To be considered on an offer-by-offer basis.
❮❯Closed$1,399,000 Closed- bds
- 0 ba
- sqft
545 W 36TH Street
San Pedro, CA
Listing by: Brice Head - Marcus & Millichap -
Manhattan Beach CA Residential Income for Sale
Ultra-rare opportunity to acquire a multifamily asset in the highly sought-after 90266 zip code. Annual sales velocity is Manhattan Beach is one of the lowest in all of LA County. Classic, value-add opportunity for an investor wanting solid, long-term growth. 5% cap on proforma rents is competitive for a Beach Cities investment. The unit mix of all 2 Bed units is ideal for young couples or work-at-home renters. There are washer, dryer hookups in each garage space, as well. The majority of the units (4) are upstairs - they feel larger due to vaulted ceilings with attractive tongue and groove exposed word work. They also have views - there are expansive LA Basin views to the North. The East Manhattan location is extremely accessible to some of The South Bay's largest employers: Northrop Grumman (1 block away) , Lockheed Martin, AT&T DirecTV, Raytheon, MBS Media Campus - and the 405 and 105 Fwys are close by. Lastly, unit #4 will be vacated - an immediate opportunity.
❮❯Closed$2,499,000 Closed- bds
- 0 ba
- sqft
1813 11TH Street
Manhattan Beach, CA
Listing by: Brice Head - Marcus & Millichap -
Torrance CA Residential Income for Sale
The subject property is unique in that ALL units have been renovated with new "everything". Upgrades include new dual-pane windows, laminate flooring, copper plumbing, granite counter tops, electrical panels, ceiling fans, front doors and more. New railings and sewer line, as well.A "Buyer-friendly" 5.5% cap opportunity in one of The South Bay's tried-and-true rental submarkets. Torrance is known for its diverse economic base and ideal location straddling the 405 Fwy. Torrance has a more landlord-friendly rent control of "5% plus CPI", annually and you get an extra 1%, annually, also, due to master-metering of this building. The property has 27 parking spaces and three laundry rooms -one on each floor.The attractive mid-5% cap pricing lends itself to excellent potential loan-to-value -some lending institutions will lend as much as 75% LTV on this deal!That being said, 65-70% LTV will afford a Buyer the best interest rates -in the mid 3% range.
❮❯Closed$6,399,000 Closed- bds
- 0 ba
- 10719 sqft
16925 PRAIRIE Avenue
Torrance, CA
Listing by: Brice Head - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
A well-maintained 6 unit property in one of the LA's most sought-after submarkets, South Robertson. Ideally located just West of La Cienega and South of Olympic - sandwiched between Pico/Robertson, Beverlywood and the 10 Fwy. Recent improvement: new, dual-pane windows, new 200 amp electrical, and all units have been rehabbed with granite in the kitchens, tile, laminate, ceiling fans and in-wall AC units. A seamless, easy acquisition for any investor type. And for developers: R3 with a Transit-Oriented Community density bonus allowing for 'more potential units than usual', due to proximity to light rail.
❮❯Closed$2,799,000 Closed- bds
- 0 ba
- 5816 sqft
8546 Cashio Street
Los Angeles, CA
Listing by: Brice Head - Marcus & Millichap -
Long Beach CA Residential Income for Sale
Just reduced price by $100K! The asset is now offered at a 5.26% Cap Rate and 12.80 GRM on current actual rents with all tenants up to date on rent payments. The unit mix is comprised of Four (2 Bed / 2 Bath), One (2 Bed / 1 Bath) and Four (1 Bed / 1 Bath) spacious units averaging 789 square feet each. Ownership has made substantial improvements (all permitted through the City of Long Beach), including: Converting Three out of Four (2 Bed / 1 Bath) to (2 Bed / 2 Bath) units, brand new 400 AMP main service + in-unit sub-panels, new plumbing from the water meters to the units, double pane vinyl windows, added Whirlpool washers/dryers in 6 out of 8 units, fully renovated seven units with white shaker cabinets, high grade faux wood floors, granite counter-tops and three-piece Amana stainless steel appliances. The asset presents a unique opportunity to purchase a turnkey 8-Unit complex with +/- 10% upside in rents located in one of the premier zip codes in Long Beach, providing an investor with incredible in-place cash flow and a low maintenance building moving forward.
❮❯Closed$2,500,000 Closed- bds
- 0 ba
- 6312 sqft
4675 N Bellflower Boulevard
Long Beach, CA
Listing by: Andrew McAllister - Nationwide Real Estate Execs -
Palm Springs CA Land for Sale
38.19 acres; APN: 666-320-018. Massive frontage on two busy thoroughfares. Commercial zoning allows for a myriad of potential uses: Retail, Industrial, Agricultural, Energy, Cannabis (BTV). Comps nearby as high as $600K/acre. Across from the 160 acre Coachillin' Canna-Business Park - a fully-entitled, 3,000,000 sq. ft. project.
❮❯Closed$9,999,000 Closed- bds
- 0 ba
- sqft
17875 Indian Canyon
Palm Springs, CA
Listing by: Brice Head - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
The subject property is a turn-key, nine unit apartment complex built in 1964 and located in Hollywood. Ideally situated on Fountain Ave, just off Wilton Place and south of Sunset, these units offer tenants a central hub to all that Hollywood and Los Angeles has to offer. The property boasts a diverse unit mix with one studio, three 1 bedroom, 1 bathroom units, one 2 bedroom, 1 bathroom unit, one 2 bedroom, 1 bathroom unit and three 2 bedroom, 2 bathroom units. The prime location allows occupants to enjoy all of Hollywood's world famous entertainment, dining and culture, within the comfort of a quiet and luxurious home. All units have been renovated. The improvements are built on a 7,511 square foot lot with a total rentable square footage of 7,097. There are 10 on-site parking spaces and the buildings seismic soft-story retrofit has been completed. Each well maintained unit is individually metered for gas and electricity.
❮❯Closed$2,695,000 Closed- bds
- 0 ba
- 7097 sqft
5667 Fountain Avenue
Los Angeles, CA
Listing by: Morgan McMullin - Compass -
Beverly Hills CA Residential Income for Sale
This is a legacy asset with leaded glass, living room, bay windows, coved ceilings, hardwood, and vintage hearths, BUT with modern appointments, as well. 4 of the 6 have been extensively upgraded, recently. The Seller has recently spent around $300,000! ALL NEW: quartz surfaces in the kitchen and bath, tile backsplash, shaker cabinetry, sconces, appliances, recessed lighting, vanities, toilets and tile tub surrounds - dining rooms 'opened up and new HVAC units installed! As well as ceiling fans and stackable washers and dryers.
❮❯Closed$4,199,000 Closed- bds
- 0 ba
- 5386 sqft
158 S ELM Drive
Beverly Hills, CA
Listing by: Brice Head - Marcus & Millichap -
Redondo Beach CA Residential Income for Sale
Two extremely well maintained 8 unit buildings (2703 Curtis Ave. and 2706 Vanderbilt Ln.), mere blocks from each other easy, scalable operation and management, should you buy both. But, either can be purchased, stand alone, as well. Superb maintenance and renovations meets seam- less operation and collections. Long-term, conscientious ownership with good taste, which is evident in the recent renovations: quartz surfaces in the kitchens and baths, subway tile backsplashes, shaker cabinetry, wood floors, new fixtures, new appliances, new doors, dual-pane windows, you name it. ALL units at Curtis renovated and most at Vanderbilt. An Additional Dwelling Unit (ADU) can be added to both properties. BTV. An ideal investment opportunity: Beach in the name indicates a cool, coastal location and desirable life- style; while North Redondo retains much broader rental demand accessibility to freeways and major employers, than land-locked South Redondo. North Redondo is the best of both worlds.
❮❯Closed$3,199,998 Closed- bds
- 0 ba
- 4466 sqft
2703 Curtis Avenue
Redondo Beach, CA
Listing by: Brice Head - Marcus & Millichap -
Redondo Beach CA Residential Income for Sale
Two extremely well maintained 8 unit buildings (2703 Curtis Ave. and 2706 Vanderbilt Ln.), mere blocks from each other easy, scalable operation and management, should you buy both. But, either can be purchased, stand alone, as well. Superb maintenance and renovations meets seam- less operation and collections. Long-term, conscientious ownership with good taste, which is evident in the recent renovations: quartz surfaces in the kitchens and baths, subway tile backsplashes, shaker cabinetry, wood floors, new fixtures, new appliances, new doors, dual-pane windows, you name it. ALL units at Curtis renovated and most at Vanderbilt. An Additional Dwelling Unit (ADU) can be added to both properties. BTV. An ideal investment opportunity: Beach in the name indicates a cool, coastal location and desirable life- style; while North Redondo retains much broader rental demand accessibility to freeways and major employers, than land-locked South Redondo. North Redondo is the best of both worlds.
❮❯Closed$2,999,998 Closed- bds
- 0 ba
- 4333 sqft
2706 Vanderbilt Lane
Redondo Beach, CA
Listing by: Brice Head - Marcus & Millichap -
Torrance CA Residential Income for Sale
9 units in highly desirable Old Town Torrance - a cute town within a town. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most walkable locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated, grassy yard. Fully-secured access, on-site laundry & lots of garage parking. Tenants enjoy a quiet, suburban lifestyle with amenities in all directions, while maintaining easy access to the 110 Fwy and major employers (i.e. Honda HQ, Chevron, Harbor UCLA Hospital, Del Amo Mall and the Port of LA).
❮❯Closed$3,499,000 Closed- bds
- 0 ba
- 6953 sqft
1751 Cabrillo Avenue
Torrance, CA
Listing by: Brice Head - Marcus & Millichap -
Torrance CA Residential Income for Sale
9 units in highly desirable Old Town Torrance - a cute town within a town. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most walkable locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated, grassy yard. Fully-secured access, on-site laundry & lots of garage parking. Tenants enjoy a quiet, suburban lifestyle with amenities in all directions, while maintaining easy access to the 110 Fwy and major employers (i.e. Honda HQ, Chevron, Harbor UCLA Hospital, Del Amo Mall and the Port of LA).
❮❯Closed$3,499,000 Closed- bds
- 0 ba
- 6953 sqft
1751 Cabrillo Avenue
Torrance, CA
Listing by: Brice Head - Marcus & Millichap -
Maywood CA Residential Income for Sale
Opportunity to cash flow, add ADUs or scrape & develop. Currently a 4 unit rental property in 3 separate buildings on a massive 12,700 sq. ft. double lot, zoned R3. Configuration: Freestanding 4 Bed/2 Bath House and Duplex (2 x 2 Bed/1 Bath) on one 9,200 sq. ft. lot. Next door a small, Freestanding 2 Bed/1 Bath House on a 3,500 sq. ft. lot. One of the Duplex units delivered vacant. Potentially 2 other units, as well. MASSIVE UPSIDE POTENTIAL. This property is being sold together and has 2 addresses and 2 APN's.
❮❯Closed$1,599,000 Closed- 0 bds
- 0 ba
- 4346 sqft
4300 E 54Th Street
Maywood, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
Large 4 unit building in the heart of West LA. Almost 1,000 square feet larger than the largest sales comp. Close to everything that the Westside and Culver City have to offer...a few blocks North of Venice Blvd. and only 6 blocks to the 405. Units average over 1,000 sq. ft. The building affords an investor an opportunity to put his stamp on the building from the jump: the front, upstairs 2 Bed/1.5 Bath will be delivered vacant. A Buyer can rehab this space to his own specs and command an immediate market rent. This unit has a massive front deck that is 150-200 sq. ft. in size. The two, rear 3 Bed/2 Bath units both enjoy dedicated rear yards. On-site laundry and even potential for an ADU.
❮❯Closed$2,340,000 Closed- 0 bds
- 0 ba
- 4268 sqft
3662 Kelton Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
Large 4 unit building in the heart of West LA. Almost 1,000 square feet larger than the largest sales comp. Close to everything that the Westside and Culver City have to offer...a few blocks North of Venice Blvd. and only 6 blocks to the 405. Units average over 1,000 sq. ft. The building affords an investor an opportunity to put his stamp on the building from the jump: the front, upstairs 2 Bed/1.5 Bath will be delivered vacant. A Buyer can rehab this space to his own specs and command an immediate market rent. This unit has a massive front deck that is 150-200 sq. ft. in size. The two, rear 3 Bed/2 Bath units both enjoy dedicated rear yards. On-site laundry and even potential for an ADU.
❮❯Closed$2,340,000 Closed- 0 bds
- 0 ba
- 4268 sqft
3662 Kelton Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
Just Reduced $200K. LA's Sawtelle neighborhood is close to everything the Westside has to offer. Just off of Bundy and sandwiched between Olympic and Santa Monica Blvd, dining, retail, grocery, large employers, and transportation options are all within walking distance. A perfect walkscore? I think so. The subject property has a diverse unit mix and massive, unrealized upside of 40%! Two units scheduled to be vacated at COE. Mostly copper plumbing, upgraded electrical. Seismic retrofit recently completed - a HUGE cost savings for a Buyer versus other buildings on market, requiring it, still.
❮❯Closed$3,599,000 Closed- 0 bds
- 0 ba
- 6962 sqft
11969 IOWA Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
Just Reduced $200K. LA's Sawtelle neighborhood is close to everything the Westside has to offer. Just off of Bundy and sandwiched between Olympic and Santa Monica Blvd, dining, retail, grocery, large employers, and transportation options are all within walking distance. A perfect walkscore? I think so. The subject property has a diverse unit mix and massive, unrealized upside of 40%! Two units scheduled to be vacated at COE. Mostly copper plumbing, upgraded electrical. Seismic retrofit recently completed - a HUGE cost savings for a Buyer versus other buildings on market, requiring it, still.
❮❯Closed$3,599,000 Closed- 0 bds
- 0 ba
- 6962 sqft
11969 IOWA Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
A 10,000 square foot investment opportunity, superior to most investment properties in The Westside and South Bay. Built in 1992, the building is 30 years newer than the typical apartment property in Greater LA. The layout, unit mix and amenities are superior to competing rental product; therefore, the building commands a top-of-the-market rent, always. Not subject to the city of LA "pre-1978 construction" rent control, either! 9 HUGE townhome-style units eight 2 Bed/2.5 Baths and one up-and-down 1 Bed/1 Bath. Controlled-access lobby. On-grade, secured parking structure off the alley with 19 spots. Almost a 4% cap with modest rent increases that are due, frankly. The Seller doesn't raise rents, so, lots of meat on the bone. LAX, SoFi Stadium, The Forum, Howard Hughes Center (Univision and Sony Pictures), DirecTV, Raytheon, Northrop Grumman, LA Times HQ -all just minutes away.
❮❯Closed$5,499,000 Closed- bds
- 0 ba
- 10000 sqft
7040 FLIGHT Avenue
Los Angeles, CA
Listing by: Brice Head - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
The location...The highly-coveted Koreatown investment market...close to "best LA has to offer". Hancock Park to the North; The Grove, The Farmer's Market and Beverly Center to the West: and to the East the heart of Koreatown and Downtown LA. And the Wilshire/Western Light Rail Station is easily "walkable". Four of the 10 units have been extensively remodeled with Shaker cabinetry and vanities, new appliances, custom tile showers & new wood flooring. That being said, there's massive "meat-on-the-bone" still with almost 50% rent upside on proforma rents. The unit mix is diverse: six 1/1s, two 2/1s and two Studios. Current Gross Income is $14,635/month; Proforma Income of over $21K/month. 7,728 sq. feet on a 7,150 sq. foot corner lot (R3). 14 parking spots in total. The seismic retrofit aka "soft story" has been completed.
❮❯Closed$2,979,000 Closed- 0 bds
- 0 ba
- 7728 sqft
3960 W 8TH Street
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
The location...The highly-coveted Koreatown investment market...close to "best LA has to offer". Hancock Park to the North; The Grove, The Farmer's Market and Beverly Center to the West: and to the East the heart of Koreatown and Downtown LA. And the Wilshire/Western Light Rail Station is easily "walkable". Four of the 10 units have been extensively remodeled with Shaker cabinetry and vanities, new appliances, custom tile showers & new wood flooring. That being said, there's massive "meat-on-the-bone" still with almost 50% rent upside on proforma rents. The unit mix is diverse: six 1/1s, two 2/1s and two Studios. Current Gross Income is $14,635/month; Proforma Income of over $21K/month. 7,728 sq. feet on a 7,150 sq. foot corner lot (R3). 14 parking spots in total. The seismic retrofit aka "soft story" has been completed.
❮❯Closed$2,979,000 Closed- 0 bds
- 0 ba
- 7728 sqft
3960 W 8TH Street
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
"A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. 2 ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,415,000 Closed- 0 bds
- 0 ba
- 3911 sqft
8819 READING Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Los Angeles CA Residential Income for Sale
A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. 2 ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,415,000 Closed- 8 bds
- 6 ba
- 3911 sqft
8819 READING Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - Marcus & Millichap -
Venice CA Residential Income for Sale
Mere feet from sand and surf at world-famous Venice Beach. The subject property is a vintage 4-story, 10-unit property in, arguably, the most sought-after rental market in all of LA - minutes to haute couture shopping and dining along Abbot Kinney. This "lobby" building has character throughout -highlighted with Spanish tile accents in the kitchens and baths. Copper plumbing and a newer roof, too. The Seller will leaseback the 2 Bed/1Bath Penthouse at a market rent, after closing. The penthouse has a large deck with hot tub, as well as a rooftop deck with vast views of the Pacific and the whole LA Basin. THE OTHER 9 UNITS CAN BE DELIVERED VACANT, AT BUYERS REQUEST. POTENTIAL FOR 100% OF THE UNITS AT A MARKET RENT AT CLOSING. You won't inherit any lagging rents, at close of escrow, unlike 99% of other deals in Los Angeles.
❮❯Closed$6,999,000 Closed- 0 bds
- 10 ba
- 7281 sqft
19 Wavecrest Avenue
Venice, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Venice CA Residential Income for Sale
Mere feet from sand and surf at world-famous Venice Beach. The subject property is a vintage 4-story, 10-unit property in, arguably, the most sought-after rental market in all of LA - minutes to haute couture shopping and dining along Abbot Kinney. This "lobby" building has character throughout -highlighted with Spanish tile accents in the kitchens and baths. Copper plumbing and a newer roof, too. The Seller will leaseback the 2 Bed/1Bath Penthouse at a market rent, after closing. The penthouse has a large deck with hot tub, as well as a rooftop deck with vast views of the Pacific and the whole LA Basin. THE OTHER 9 UNITS CAN BE DELIVERED VACANT, AT BUYERS REQUEST. POTENTIAL FOR 100% OF THE UNITS AT A MARKET RENT AT CLOSING. You won't inherit any lagging rents, at close of escrow, unlike 99% of other deals in Los Angeles.
❮❯Closed$6,999,000 Closed- 0 bds
- 0 ba
- 7281 sqft
19 Wavecrest Avenue
Venice, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
San Pedro CA Residential Income for Sale
BEAUTIFUL "VISTA DEL ORO LOCATION", near Weymouth Corners. 12 attached bungalows with coved ceilings, arched doorways, original, resurfaced hardwood, walk-in closets, tile kitchens and baths, as well as, a utility room with washer/dryer hookups in EVERY UNIT. Spacious 19K sq. ft. lot with gardens, king palm trees and fountain. The roofs were recently replaced, as well as garage doors, also. Vintage charm with cash flow now and "condo" potential with unobstructed harbor views! Seller MAY finance, call for details.
❮❯Closed$3,399,000 Closed- 12 bds
- 12 ba
- 7908 sqft
801 Oro Terrace
San Pedro, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
JUST REDUCED $700K! DELIVERABLE UNDER REPLACEMENT VALUE! 2015-construction in Westchester!. Massive, 14,668 sq. ft. fully-secured "lobby" building with elevator and on-grade parking structure (20 striped spots). All units have A/C and forced-air heat & are separately-metered for ALL utilities, including water! The seller self-manages and does not typically raise rents, after move-in, leaving a lot of unrealized upside for a Buyer. The 2015-construction means NO rent control of any kind for another 8 years. IMMEDIATE UPSIDE that is actionable now, for and investor, unlike 99% of other apartment buildings in the state, subject to LA RSO or AB 1482. And massive upside in the future through potential condo conversion, with condos in Westchester/MDR/PDR averaging $1,033,000!
❮❯Closed$7,099,999 Closed- 0 bds
- 0 ba
- 14668 sqft
8732 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
JUST REDUCED $700K! DELIVERABLE UNDER REPLACEMENT VALUE! 2015-construction in Westchester!. Massive, 14,668 sq. ft. fully-secured "lobby" building with elevator and on-grade parking structure (20 striped spots). All units have A/C and forced-air heat & are separately-metered for ALL utilities, including water! The seller self-manages and does not typically raise rents, after move-in, leaving a lot of unrealized upside for a Buyer. The 2015-construction means NO rent control of any kind for another 8 years. IMMEDIATE UPSIDE that is actionable now, for and investor, unlike 99% of other apartment buildings in the state, subject to LA RSO or AB 1482. And massive upside in the future through potential condo conversion, with condos in Westchester/MDR/PDR averaging $1,033,000!
❮❯Closed$7,099,999 Closed- 0 bds
- 18 ba
- 14668 sqft
8732 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Hawthorne CA Residential Income for Sale
Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. (*one unit designated 'low income').The deal is arguably worth $6MM, deliverable under$5,000,000.
❮❯Closed$4,999,000 Closed- bds
- 24 ba
- 15284 sqft
13927 Chadron Avenue
Hawthorne, CA
Listing by: Brice Head - CBRE, Inc. -
Hawthorne CA Residential Income for Sale
First time on market in 24 years. The subject property has thrived under long-term, local ownership and management. 8 units spread over 6,000 rentable square feet, on over 7,000 sq. feet of dirt. 13 striped spots in the secured-access, on-grade parking structure. On-site laundry and lots of room for storage units in the garage area. Attractive 10% (AB 1482) rent increase opportunities in this South Bay market, unlike LA deals. One 2 Bed/1 Bath unit, Four large 1 Bed units and Three 1 Bed/1 Bath units with Den/Nursery/Office - perfect for growing families or the work-at-home renter. SELLER WILL ALLOW ISSUANCE OF RENT INCREASES DURING ESCROW.
❮❯Closed$2,000,000 Closed- bds
- 8 ba
- 6044 sqft
11716 Oxford Avenue
Hawthorne, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
PRICE REDUCTION OF $106,000! "A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. Two ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,279,000 Closed- 0 bds
- 0 ba
- 3911 sqft
8819 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
PRICE REDUCTION OF $106,000! "A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. Two ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,279,000 Closed- 0 bds
- 6 ba
- 3911 sqft
8819 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
East Los Angeles CA Residential Income for Sale
We are pleased to present the great opportunityto invest in a value add 10-unit Spanish style building. Owner will carry financingat 4.5%! The building is offered at a current cap rate of 4.8 and GRM of 13.99. The building consists of one 2 bedroom/1 bath and nine 1 bedroom/1 bath units. Six of the units have been updated. All units include in-unit washer/dryer hookups and there are eight separate garages. The property is separately metered for gas and electricity and upon tenant turnover, a buyer can utilize RUBs to allocate the cost of the water to the tenants. Located in the Unincorporated area of LA, the property is not subject to City of LA rent control. Accessible to the 5, 60, & 710 freeways and approximately 5 minutes from Citadel Outlets and Commerce Casino.
❮❯Closed$2,300,000 Closed- bds
- 0 ba
- 7474 sqft
1212 Amalia Avenue
East Los Angeles, CA
Listing by: Anie Mayelian - Equity Union -
Los Angeles CA Land Lot for Sale
Currently a large 6,800 square foot craftsman-style home with additional unit in rear, like so many along Crenshaw, North of the 10 Fwy., near Venice Blvd. But, UNLIKE most, this offering is a DOUBLE LOT. The total lot size measures 14,756 total square feet. Land Use specialists have told me that as few as 24 units could be built - and as many as 50+! Depending on many variables and number of low-income units included. The site is NOT in a Historical Preservation Overlay Zone. DELIVERED VACANT AND READY TO DEMO. See agent remarks...
❮❯Closed$3,800,000 Closed- 0 bds
- 0 ba
- 0 sqft
1802 Crenshaw Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Land Lot for Sale
Currently a large 6,800 square foot craftsman-style home with additional unit in rear, like so many along Crenshaw, North of the 10 Fwy., near Venice Blvd. But, UNLIKE most, this offering is a DOUBLE LOT. The total lot size measures 14,756 total square feet. Land Use specialists have told me that as few as 24 units could be built - and as many as 50+! Depending on many variables and number of low-income units included. The site is NOT in a Historical Preservation Overlay Zone. DELIVERED VACANT AND READY TO DEMO. See agent remarks...
❮❯Closed$3,800,000 Closed- 0 bds
- 0 ba
- 0 sqft
1802 Crenshaw Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Inglewood CA Residential Income for Sale
A VERY large, 3/4 of an acre, flat rectangular, R3 lot in NW Inglewood - the most sought-after submarket in Inglewood - which is one of the most sought-after investment markets in Greater LA. The City of Champions is well thought of, by apartment investors AND developers, due to its pro-growth, pro-gentrification stance and manageable, user-friendly city government. Cash-flow nicely, NOW, from 12 apartment units, while you draft plans and obtain permits for the site's highest and best use - a large apartment or condo development.
❮❯Closed$3,925,000 Closed- 14 bds
- 12 ba
- 8572 sqft
925 N Eucalyptus Avenue
Inglewood, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Land Lot for Sale
Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. The lot is empty and ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3 uses aka apartments a/o condos. Buyer to verify.
❮❯Closed$1,499,000 Closed- 0 bds
- 0 ba
- 0 sqft
4120 W Jefferson Boulevard
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Hermosa Beach CA Residential Income for Sale
An 8 unit building, ideally-located, just a block from The Strand. The perfect location for those wanting the quintessential 'Hermosa lifestyle'. One-bedroom units, ideal for the typically young and active renters who want all that the beach has to offer - as well as the retail and dining options along Pier Ave. and Hermosa Ave. Ample parking- 10 garage spots and 5 open spots on the apron, as well. Excellent assumable debt: $2MM+/- at a rock bottom 3.7%, fixed for 4 more years. Priced well under the Hermosa average per/unit comp value.
❮❯Closed$5,199,000 Closed- 8 bds
- 8 ba
- 3256 sqft
59 10th Street
Hermosa Beach, CA
Listing by: Brice Head - CBRE, Inc. -
Manhattan Beach CA Residential Income for Sale
A rare, LARGE investment opportunity in irreplaceable "90266" - mere minutes to world famous sand and surf. The twelve 1 Bed units are ideal for the typically young, single renters in The Beach Cities, whereas the eight 2 Bed units and one 3 Bed unit appeal to couples and work-at-home renters. Additionally, the building has newer, dual-pane windows and copious parking with 21 enclosed garage spots - not that common in buildings closer to the sand. Also, this highly-accessible location near Aviation has wider appeal than units near The Strand - an approachable "beach" option for many renters means high occupancy, all the time. A friendly, 'community' vibe is highlighted by comfortable, landscaped common areas with umbrellas, tables and chairs. And walking distance to award-winning Mira Costa High School. High-demand units in an even higher-demand location means capital appreciation is nearly guaranteed, for a savvy Buyer. And on a potentially larger scale, the 21K sq. ft. lot allows for ADU additions and/or ground-up condo or townhome development nearby townhomes on Aviation Way have sold for almost $2,000,000 each.
❮❯Closed$10,999,999 Closed- bds
- 0 ba
- 15588 sqft
1601 Artesia Boulevard
Manhattan Beach, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
PRICE REDUCTION OF $150,000! "A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. Two ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,235,000 Closed- 0 bds
- 0 ba
- 3911 sqft
8819 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
PRICE REDUCTION OF $150,000! "A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. Two ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
❮❯Closed$2,235,000 Closed- 0 bds
- 6 ba
- 3911 sqft
8819 Reading Avenue
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
Cool Elegance in a Fashionable Location. Beautiful asset. Beautiful location. And "Beautiful" 3.69% Assumable Financing. There's turn-key and then there's this. An impeccably rehabbed 12 unit asset that oozes taste and character inside and out, on almost 1/2 an acre! The unmatched fit-and-finish, inside-and-out, in a beautiful, yet accessible location, along the Arroyo, make this investment a bullish option in any market. Minutes to DTLA, Hollywood, Silverlake, Echo Park and Pasadena - the location is highly-accessible to some of LA's largest job centers. The units appeal to almost any renter profile: "Creatives" to "Business-Types" and everybody in between. Rock bottom assumable financing was put on in May 2021: $2,352,000, fixed until 2031, with a 10-year Interest-Only option. Amortized over 30 years/due in 20 years. A strong value-proposition for ANY investor. And with a day one cap rate of around 4%, a savvy investor will enjoy a "positive leverage play" of 31 basis points - hard to find in today's market, needless to say.$1MM+ of recent improvements inside-and-out mean very little out-of-pocket expense for a Buyer for a decade, most likely. Much of the heavy lifting done. Ease of maintenance and operation, going forward. Please call to learn more about this special opportunity.
❮❯Closed$4,679,000 Closed- 0 bds
- 12 ba
- 8720 sqft
337 S Avenue 60
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
Cool Elegance in a Fashionable Location. Beautiful asset. Beautiful location. And "Beautiful" 3.69% Assumable Financing. There's turn-key and then there's this. An impeccably rehabbed 12 unit asset that oozes taste and character inside and out, on almost 1/2 an acre! The unmatched fit-and-finish, inside-and-out, in a beautiful, yet accessible location, along the Arroyo, make this investment a bullish option in any market. Minutes to DTLA, Hollywood, Silverlake, Echo Park and Pasadena - the location is highly-accessible to some of LA's largest job centers. The units appeal to almost any renter profile: "Creatives" to "Business-Types" and everybody in between. Rock bottom assumable financing was put on in May 2021: $2,352,000, fixed until 2031, with a 10-year Interest-Only option. Amortized over 30 years/due in 20 years. A strong value-proposition for ANY investor. And with a day one cap rate of around 4%, a savvy investor will enjoy a "positive leverage play" of 31 basis points - hard to find in today's market, needless to say.$1MM+ of recent improvements inside-and-out mean very little out-of-pocket expense for a Buyer for a decade, most likely. Much of the heavy lifting done. Ease of maintenance and operation, going forward. Please call to learn more about this special opportunity.
❮❯Closed$4,679,000 Closed- 0 bds
- 0 ba
- 8720 sqft
337 S Avenue 60
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Arch. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. Beautiful, vintage 20's LA character, but with new bones inside-and-out and a modern aesthetic. "Arch"-ed doorways reminiscent of this era, but with an all new interiors from the studs out, new exterior facade, new paint, copper re-pipe and upgraded electrical service to the building and new subpanels. You name it, it's been replaced, added, or redone. A massive undertaking and massive expense. All units are vintage-chic and have washers and dryers in units. Carport parking in rear, as well as a fun outdoor seating area with strung with outdoor lights. Separate meters and structural retrofit upgrades, also. A seamless acquisition opportunity now and going forward, for a Buyer.
❮❯Closed$2,900,000 Closed- 0 bds
- 7 ba
- 4872 sqft
4715 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Arch. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. Beautiful, vintage 20's LA character, but with new bones inside-and-out and a modern aesthetic. "Arch"-ed doorways reminiscent of this era, but with an all new interiors from the studs out, new exterior facade, new paint, copper re-pipe and upgraded electrical service to the building and new subpanels. You name it, it's been replaced, added, or redone. A massive undertaking and massive expense. All units are vintage-chic and have washers and dryers in units. Carport parking in rear, as well as a fun outdoor seating area with strung with outdoor lights. Separate meters and structural retrofit upgrades, also. A seamless acquisition opportunity now and going forward, for a Buyer.
❮❯Closed$2,900,000 Closed- 0 bds
- 0 ba
- 4872 sqft
4715 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Diamond. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. A massive, recent facelift here at this 11 unit, now top-of-the-line, market-rent-demanding, turn-key building ideally located between Hancock Park and Melrose. Updated exterior facade and extensive, chic interior renovation to all units (washers & dryers installed) and an ADU conversion of the old on-site office. Additionally, a complete copper re-pipe and an electrical service upgrade to a 400-amp switchboard and replacement of all subpanels in units. Ease of operation and minimal out-of-pocket expenses, going forward, for a Buyer. Close escrow and start cash-flowing. A diamond, no "rough".
❮❯Closed$4,875,000 Closed- 0 bds
- 0 ba
- 8706 sqft
4711 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Diamond. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. A massive, recent facelift here at this 11 unit, now top-of-the-line, market-rent-demanding, turn-key building ideally located between Hancock Park and Melrose. Updated exterior facade and extensive, chic interior renovation to all units (washers & dryers installed) and an ADU conversion of the old on-site office. Additionally, a complete copper re-pipe and an electrical service upgrade to a 400-amp switchboard and replacement of all subpanels in units. Ease of operation and minimal out-of-pocket expenses, going forward, for a Buyer. Close escrow and start cash-flowing. A diamond, no "rough".
❮❯Closed$4,875,000 Closed- 0 bds
- 11 ba
- 8706 sqft
4711 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Vertical. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. 60's construction, but reincarnated to a fashionable standard, appropriate for the 'best of LA' location - minutes to Larchmont and Melrose. Extensive, recent reimaging of the exterior and an interior makeover of units from the studs out. Top of the line fit-and-finish - the best flooring, cabinetry, surfaces, fixtures, etc. Along with the addition of washers & dryers in units, appealing to most demanding of tenants. Lastly the former laundry room (no longer needed, of course) was converted to an ADU, with mini-split A/C and new "everything". A Buyer will benefit from the all these improvements for years to come. And the investment 'should' be hands-off with minimal large expenditures, for the foreseeable future, with so much of the building either new or redone.
❮❯Closed$9,200,000 Closed- 0 bds
- 0 ba
- 11317 sqft
4723 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
The Vertical. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. 60's construction, but reincarnated to a fashionable standard, appropriate for the 'best of LA' location - minutes to Larchmont and Melrose. Extensive, recent reimaging of the exterior and an interior makeover of units from the studs out. Top of the line fit-and-finish - the best flooring, cabinetry, surfaces, fixtures, etc. Along with the addition of washers & dryers in units, appealing to most demanding of tenants. Lastly the former laundry room (no longer needed, of course) was converted to an ADU, with mini-split A/C and new "everything". A Buyer will benefit from the all these improvements for years to come. And the investment 'should' be hands-off with minimal large expenditures, for the foreseeable future, with so much of the building either new or redone.
❮❯Closed$9,200,000 Closed- 0 bds
- 23 ba
- 11317 sqft
4723 Beverly Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
An "1989-constructed", perfectly-located building, between Sunset and Fountain, in the dynamic East Hollywood submarket. Huge, townhome-style, 2-story units, grassy frontage, and lots of on-grade parking in the secured parking structure. Long-term, single family ownership - lw current rents. Compelling 6% cap upside, over time, for a savvy Buyer. An 'always-in-demand' rental market surrounded by employers of all types and in the shadow of Griffith Observatory, as well. The Studio unit may be a converted, non-conforming unit (BTV) .
❮❯Closed$2,799,000 Closed- 14 bds
- 21 ba
- 8960 sqft
1405 N Normandie Avenue
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Inglewood CA Residential Income for Sale
5 units in one of the hottest investment markets in Greater LA. A nice street, lined with single family homes - and a two minute drive to shopping and dining along Downtown Inglewood's Market St. Bread-and butter building - a 'simple' one to buy and operate. Highly functional and will benefit from Inglewood's rising tide of investment and appreciation.
❮❯Closed$1,249,000 Closed- bds
- 0 ba
- 4447 sqft
216 S Inglewood Avenue
Inglewood, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
Vintage, 'old-school LA' charm inside-and-out - attractive appointments that are rarely found anymore. Well-located near Mid-City, Mid-Wilshire and K-Town. Large front lawn on this massive 13,489 sq. ft. lot. 30+ years of single ownership - his "Baby". But, he has self-managed and not consistently raised rents. Massive meat-on-the-bone for a new Buyer - 50% rent upside! And then there's the development upside, as well. An opportunistic opportunity. 8% cap UPSIDE! Part of a 2-building portfolio sale with 12 units at 3335 W. Stocker St.
❮❯Closed$2,499,000 Closed- bds
- 12 ba
- 9800 sqft
2267 W Adams Boulevard
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
Vintage, 'old-school LA' charm inside-and-out - attractive appointments that are rarely found anymore. Large front lawn on this massive 12,863 sq. ft. lot, bay windows, original hardwood, and extensive tile work in the kitchens and baths. 40+ years of single ownership - his "Baby". But, he has self-managed and not consistently raised rents. Massive meat-on-the-bone for a new Buyer - 50% rent upside! And then there's the development upside, as well. An opportunistic opportunity. 8% cap UPSIDE! Part of a 2-building portfolio sale, along with 2267 W. Adams Blvd.
❮❯Closed$2,499,000 Closed- 12 bds
- 12 ba
- 10668 sqft
3335 Stocker Street
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
JUST REDUCED $300,000. Attractive, secured-access "lobby" building fronted by Italian jasmine trees in pretty Lafayette Park. Large corner lot with nice visibility along Washington. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Carport parking along the front, side and rear. Seismic retrofit complete. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.19 units at 2340-42 Crenshaw Bl.
❮❯Closed$4,299,000 Closed- 0 bds
- 17 ba
- 10050 sqft
1876 Buckingham Road
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.
❮❯Closed$4,299,000 Closed- 20 bds
- 20 ba
- 13390 sqft
2340 Crenshaw Boulevard
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
JUST REDUCED $300,000. 1970's construction means LARGE units...in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the 'typical' LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.Part of a 4-Building, 75-unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.
❮❯Closed$4,299,000 Closed- 33 bds
- 18 ba
- 15851 sqft
1819 S Gramercy Place
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.
❮❯Closed$4,299,000 Closed- 0 bds
- 20 ba
- 13792 sqft
1554 S Gramercy Place
Los Angeles, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Redondo Beach CA Commercial for Sale
424 S Pacific Coast Highway is a tremendous coastal mixed use property benefiting from excellent frontage along Pacific Coast Highway. The site is zonedC2 and is currently permitted for commercial retail, office, and residential. The property presents a unique opportunity for an Owner-User or Investor to acquire a prime property in the heart of South Redondo Beach. The area average income is approximately $147,513 within a 3-mile radius and there are appropriately 41,654 cars per day on Pacific Coast Highway. The site is also proximate to Riviera Village, a popular beach side food and retail shopping area and the Redondo Beach Pier, a major tourist attraction that is the largest endless Pier on the California Coast.
❮❯Closed$1,250,000 Closed- 0 bds
- 0 ba
- 1588 sqft
424 S Pacific Coast Highway
Redondo Beach, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.
❮❯Closed$5,499,000 Closed- 26 bds
- 21 ba
- 12816 sqft
1975 S Corning Street
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Inglewood CA Residential Income for Sale
A value-add, 18 unit investment in a location 'on the come' in the shadow SoFi Stadium, America's highest grossing concert venue in 2023. Grossing $175MM and also employing 2,600 event day employees. SoFi is next door to the West Coast Headquarters of the NFL - 1,000 local employees and $20B in 2023 revenue. Next to that, the YouTube Theater - and The Forum, 5 minutes to the North and the new, $2B Intuit Dome, 5 minutes to the South. Lastly, the subject property is a block from Centinela Hospital, with 1,332 employees. Forgot to mention, the 57,000 badge holders at LAX, nearby, as well. The building has a secured-access, renovated lobby, leading to a landscaped courtyard. In addition, there are newer windows throughout. Secured-access, carport parking, in rear. Thirteen 1s, Five 2s, 13K sq. ft. on a massive, 18K+ footprint. 5% cap from the jump. The building is a 'No Brainer' operationally and affords you a path toward a 6.5% market cap rate. EXCLUSIVELY LISTED AT $5,199,000.
❮❯Closed$5,199,000 Closed- 23 bds
- 18 ba
- 12665 sqft
940 Larch Street
Inglewood, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. 2 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.
❮❯Closed$1,999,000 Closed- 18 bds
- 0 ba
- 7795 sqft
716 W 81st Street
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Culver City CA Residential Income for Sale
A Westside investment to grow with...Classic, SoCal "garden-style walkup" property surrounding a sparkling pool. The perfect unit mix, particularly for Culver City: Studio units are highly desirable for the young, 'hip' renting demos in Culver and West LA, where lifestyle and location trump bedroom count or square footage. Studios are highly approachable, pricewise, for many renters and therefore, vacancies are quickly filled. AND, Studios afford an operator a nice hedge against rent control! Some occasional, organic turnover, here, helps keep rents pacing with market - unlike buildings made up of 2 and 3 Bedroom units, that tend to turn over, less frequently. Location strength: Culver City straddles the 405 Fwy. and borders Venice, Playa Vista, Palms and Rico Robertson. The subject property is well-located between the 405 Fwy. and downtown Culver and Sony Studios - and easily walkable to all the retail and dining along Sepulveda, around the corner, literally. Lastly, excellent ASSUMABLE FINANCING AT ONLY 3.45%. Loan amount $2.48MM. Fixed until Mar. 2026.Priced at $286K/unit - well under the Culver City sales comp average of $333K/unit .EXCLUSIVELY LISTED AT $6,299,000.
❮❯Closed$6,299,000 Closed- 2 bds
- 22 ba
- 8492 sqft
11178 Culver Boulevard
Culver City, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Inglewood CA Residential Income for Sale
PRICED TO SELL AT A 5% CAP NNN. "2025" CAP RATE WILL BE 5.7%.HIGH FUNCTIONALITY AND OBVIOUS LOGISTICAL STRENGTHS THAT CANNOT BE REPLICATED IN OTHER BUILDINGS. OR IN OTHER GREATER LA SUBMARKETS.One of the most sought-after locations in Greater LA, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 Fwy. and LAX.A block from the NEW, "future entrance to LAX", aka the $6B Intermodal Transportation Facility - a 3MM sq. ft. hub of parking, rental cars, concessions and access to-and-from LAX's 9 aircraft terminals. Once fully operational, travelers will enter and exit LAX through this facility - riding a tram along Century Blvd., to-and-from the terminal buildings.519 S. Hindry aka 5 Star Doggie Inn (7,762 sq. ft. on a 11,471 sq. ft. lot):A build-out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. THIS TENANT IS ON A MONTH-MONTH RENTAL AGREEMENT. Immediate flexibility for a Buyer. Market rent estimated at $14,500 per month.523 S. Hindry aka Auto Body Pros (7,174 sq. ft. on a 13,141 sq. ft. lot):A large warehouse-type structure, with a newer roof, housing an auto repair and body shop. And 2 PERMITTED SPRAY BOOTHS ALSO - RARE AND HARD TO ESTABLISH, IF YOU WERE A NEW TENANT IN LA. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month - this lease jumps to "market" May 2025.Current NNN income $326,136 per year. Market NNN income May 2025 could be $381,000!Just Reduced $850,000.PRICED TO SELL AT $6,650,000.
❮❯Closed$6,650,000 Closed- 0 bds
- 0 ba
- 14936 sqft
519 Hindry Avenue
Inglewood, CA
Listing by: Brice Head - CBRE, Inc. -
Inglewood CA Residential Income for Sale
PRICED TO SELL AT A 5% CAP NNN. "2025" CAP RATE WILL BE 5.7%.HIGH FUNCTIONALITY AND OBVIOUS LOGISTICAL STRENGTHS THAT CANNOT BE REPLICATED IN OTHER BUILDINGS. OR IN OTHER GREATER LA SUBMARKETS.One of the most sought-after locations in Greater LA, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 Fwy. and LAX.A block from the NEW, "future entrance to LAX", aka the $6B Intermodal Transportation Facility - a 3MM sq. ft. hub of parking, rental cars, concessions and access to-and-from LAX's 9 aircraft terminals. Once fully operational, travelers will enter and exit LAX through this facility - riding a tram along Century Blvd., to-and-from the terminal buildings.519 S. Hindry aka 5 Star Doggie Inn (7,762 sq. ft. on a 11,471 sq. ft. lot):A build-out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. THIS TENANT IS ON A MONTH-MONTH RENTAL AGREEMENT. Immediate flexibility for a Buyer. Market rent estimated at $14,500 per month.523 S. Hindry aka Auto Body Pros (7,174 sq. ft. on a 13,141 sq. ft. lot):A large warehouse-type structure, with a newer roof, housing an auto repair and body shop. And 2 PERMITTED SPRAY BOOTHS ALSO - RARE AND HARD TO ESTABLISH, IF YOU WERE A NEW TENANT IN LA. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month - this lease jumps to "market" May 2025.Current NNN income $326,136 per year. Market NNN income May 2025 could be $381,000!Just Reduced $850,000.PRICED TO SELL AT $6,650,000.
❮❯Closed$6,650,000 Closed- 0 bds
- 0 ba
- 14936 sqft
519 Hindry Avenue
Inglewood, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
Acton CA Land Lot for Sale
Beauty that 'looks and feels' 400 miles away from LA...Rugged, alpine beauty in Greater LA? Yep. This place is special.A beautiful escape from LA's fast-lane, or maybe a fun 2nd Home or Special Getaway. Or, potentially a site for an opportunistic home developer - or could be ideal for a conservation easement. And this area has a long history in television and film, as well. Many options. All good.Currently a Gentleman's Ranch with breathtaking views of Santa Margarita Canyon and Angeles National Forest - at an altitude of around 3,000 feet, in spots. On-site, now, is a 2 Bed/2 Bath Ranch Home (1,200 sq. ft. with newer metal roof) and a 2 Bed/1 Bath ADU - both recently renovated - in addition there's a Natural Spring and Well, a Homesteader Cabin Ruin, Gold Miner's Cabin, Abandoned Gold Mine, Pistachio Grove, Horse Corral and enclosures for Goats and Chickens. Also a garage and workshop, large covered parking stall with 80 amp electric car charger. The property is on-grid for electric and has a new solar system with 2 large storage batteries, as well.This 250+ acres is just South of the Antelope Valley Highway, between Acton and Agua Dulce.And only a few minutes to Vasquez Rocks Natural Area.TV and Films that have been shot at the region include the 1931 classic Dracula, Star Trek, Blazing Saddles (1974), Bill & Ted's Bogus Journey (1991), Army of Darkness' (1992), Austin Powers: International Man of Mystery (1997), Planet of the Apes, and Alpha Dog (2006) and most recently, Netflix's, Nope (2022).Lastly, the 2,600 mile Pacific Crest Trail, stretching from Canada to Mexico, is adjacent.A beautiful property with a rich history. And bright future, for many Buyer profiles. EXCLUSIVELY LISTED AT $2,499,000.
❮❯Closed$2,499,000 Closed- 0 bds
- 0 ba
- 0 sqft
32901 Hawley Road
Acton, CA
Listing by: Brice Head - CBRE, Inc. -
Palmdale CA Land Lot for Sale
❮❯Closed$1,695,000 Closed- 0 bds
- 0 ba
- 0 sqft
E Avenue Q
Palmdale, CA
Listing by: Brice Head - CBRE, Inc. -
Palmdale CA Land Lot for Sale
❮❯Closed$1,695,000 Closed- 0 bds
- 0 ba
- 0 sqft
0 E Avenue Q
Palmdale, CA
Listing by: Brice Head CalDRE: 01330706 - CBRE, Inc. -
San Pedro CA Residential Income for Sale
BEAUTIFUL VISTA DEL ORO LOCATION, wy up the hill, near Palos Verdes.Unparalleled "view" potential for a Builder.Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths.and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also.The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger.ASSUMABLE LOAN:80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033.*SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW.EXCLUSIVELY LISTED AT $3,399,000.
❮❯Closed$3,399,000 Closed- 12 bds
- 12 ba
- 7908 sqft
801 Oro Terrace
San Pedro, CA
Listing by: Brice Head - CBRE, Inc. -
Inglewood CA Residential Income for Sale
Lobby apartment building located in Inglewood just a few blocks from SoFi Stadium. 20 units. Mix of 2 bedroom and 1 bedroom units.
❮❯Closed$3,750,000 Closed- bds
- 0 ba
- 16446 sqft
934 Larch Street
Inglewood, CA
Listing by: Rodman Amiri - Merit Real Estate -
Los Angeles CA Residential Income for Sale
PRIVATE PROPERTY. DO NOT DISTURB TENANTS. Contact the listing agent for a tour. 10-unit multifamily property at 944 South Park View Street in the vibrant MacArthur Park neighborhood of Los Angeles. This historic building, constructed in 1909, offers a total living space of 10,598 SF on a 6,801 SF lot, and is situated in a historic neighborhood with excellent views of the Downtown Los Angeles skyline. PRIME INVESTMENT OPPORTUNITY: This property stands out with its THREE VACANT UNITS, presenting an exceptional chance for investors to acquire a value-add asset at an excellent cost basis. The vacancies include: One rent-ready one-bedroom unit: Ready for immediate leasing at current market rates. Two two-bedroom units: Vacant and in need of renovation, offering the perfect opportunity for investors to customize interiors to their liking and attract tenants of their choosing. Additionally, there is still 44% RENTAL UPSIDE available to a new owner as tenants turnover, even with the three vacancies leased at market rents. With a strong scheduled CAP rate of 6.60% and a very attractive pro-forma CAP rate of 11.03%, positive leverage may be available to qualified borrowers, making this an ideal investment for those looking to maximize returns. PROPERTY HIGHLIGHTS: Location: Just outside Downtown Los Angeles, providing easy access to major employment centers and lifestyle attractions. Accessibility: Close to freeways I-10, I-110, and I-101, connecting residents to Century City, Culver City, West Los Angeles, Hollywood, the San Fernando Valley, and the South Bay. Unit Mix: Four spacious two-bedroom, one-bathroom units and six spacious one-bedroom, one-bathroom units, offering versatility for potential tenants. Interior Features: Excellent interior lighting, large kitchens, dining rooms, bedrooms, and living rooms. Investment Potential: New apartment construction nearby indicates strong future prospects for local real estate investments. The property presents value-add opportunities through renovation, with three vacant units ready for immediate leasing at current market rates.
❮❯Closed$1,550,000 Closed- 14 bds
- 0 ba
- 10598 sqft
944 S Park View Street
Los Angeles, CA
Listing by: James Keady - CB Richard Ellis, Inc. -
Inglewood CA Residential Income for Sale
Legacy property, prized 7-unit apartment building in the bustling city of Inglewood. Owner by the same family for 45+ years. Located within steps to the LA Metro rail line expansion, and all the high-demand amenities that Inglewood offers. Close distance to SoFi Stadium, Kia Forum, Intuit Dome, Hollywood Park, and too much more to name. Huge units, with plenty of upside potential. Nearly 9000 sf total building size, with the 2 bedroom units ~1150 sf each, and 3 bedroom unit at over ~1600 sf. Rarely will you find an apartment building with such large units, and great unit mix. Long-term tenants in place. Gated parking area plus a garage. Buyer to verify all information contained herein.
❮❯Closed$1,799,000 Closed- bds
- 0 ba
- 8945 sqft
119 N Cedar Avenue
Inglewood, CA
Listing by: Rodman Amiri - Merit Real Estate -
Los Angeles CA Residential Income for Sale
8 units 'across the street' - also attractive and well run, like its big brother. 7 unit in the front building and then a freestanding 3 Bed bungalow-style unit in back. LARGE, 8,500 sq. ft. lot means you can add an ADU, maybe two (BTV) in the spacious parking area between the main building and the bungalow-style unit in the rear. Attractive front lawn and gated-access entry. 6.9% CAP DAY ONE 9% CAP PROFORMA BALANCED UNIT MIX ADD AN ADU (OR TWO) EXCLUSIVELY LISTED AT $1,695,000 PRICE RECENTLY REDUCED SOLD ALONG WITH 26 UNITS AT 6812 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.
❮❯Closed$1,695,000 Closed- 13 bds
- 0 ba
- 5580 sqft
6821 11th Avenue
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Los Angeles CA Residential Income for Sale
An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.
❮❯Closed$6,595,000 Closed- 56 bds
- 0 ba
- 23874 sqft
6812 11th Avenue
Los Angeles, CA
Listing by: Brice Head - CBRE, Inc. -
Hawthorne CA Home for Sale
GREAT PROPERTY FOR A REMODEL AND ADDITION OF ADU OR A POOL.OR GREAT FIRST HOUSE -IT IS MOVE IN CONDITION- FOR SOMEONE LOOKING TO LIVE IN THE PROPERTY WHILE MAKING UPGRADES AS NEEDED.AVAILABLE NOW.Excellent Location. The house is just minutes away from SpaceX, Northrop, Raytheon (RTX), Mattel, LAX, SoFi Stadium.
❮❯Closed$775,000 Closed- 3 bds
- 1 ba
- 1029 sqft
4922 W 118th Street
Hawthorne, CA
Listing by: Yiluarde Pacheco - Pellego, Inc -
Lomita CA Residential Income for Sale
A HUGE 20K square foot parcel with 7 mostly bungalow-style units. Enclosed garages, yards, and washer/dryer hookups - giving a "home-like" feel for the tenants. Definitely a superior rental option compared to a typical stacked apartment building. The units have copper plumbing, separate gas and electric meters, as well as, separate hot water heaters - keeping landlord expenses down. Long-time, out-of-area ownership - an excellent value-add investment opportunity, particularly for a local "buy-and-hold" investor. Ideal location along PCH, just east of shopping and dining at Rolling Hills Plaza.
❮❯Closed$2,699,000 Closed- bds
- 0 ba
- 7700 sqft
25530 OAK Street
Lomita, CA
Listing by: Brice Head - Marcus & Millichap -
Harbor City CA Residential Income for Sale
A highly-accessible and highly-visible location between Torrance and the 110 Freeway. A VALUE-ADD opportunity for a savvy investor with the added appeal of potential seller-financing. The property is made up of 7 apartment units and 3 retail/storefronts. The 3 retail/storefronts (Units 1,2, & 4) will be delivered vacant - the buyer can cherry pick the tenants a/o reconfigure the spaces, and name a desired rent for those spaces. In addition, 2 of the apartment units will be delivered vacant, as well. The Buyer will enjoy an immediate market rent in 5 of the 10 units soon after closing. The Seller recently put a new "cool" roof on ($27K), just repainted the exterior and is completing the 2nd floor decking now. Potential 9% cap upside!?!
❮❯Closed$1,699,000 Closed- bds
- 0 ba
- sqft
1401 PACIFIC COAST HIGHWAY Highway
Harbor City, CA
Listing by: Brice Head - Marcus & Millichap