David Holstein

Hermosa Beach CA Home for Sale

Located on The Strand, this modern home was designed to capture the stunning ocean views with folding walls of glass and aquarium style windows that provide seamless indoor/outdoor living. There is a spacious two car garage for all your beach gear plus driveway parking for your guests. Driveways are a bonus on The Strand. The strand level, FIRST floor, features a family/entertainment room with a bar, ice maker, refrigerator, 1 3/4 bath, large patio, ELEVATOR, and direct beach access. On the SECOND floor, there is a spacious kitchen with stainless appliances and granite counter tops, a living room with a cozy fireplace, ocean view dining area, 3 bedrooms, 2 baths and a view deck. The MASTER SUITE takes up the WHOLE TOP FLOOR. It has a deck, fireplace and beautiful views. The master bath has a steam/shower, and dressing area. There is an ocean view office and a second wood deck with heaters, motorized retractable awning, for private dinning under the stars. The shades enclose the deck for private sunbathing or add a jacuzzi for relaxing under the stars. This location is close to the boat docs, harbor, and parking. Walk out your back door to catch a wave, play volleyball, ride your bike on the strand, or walk to the local restaurants. Designed by acclaimed architect Pat Killen. R3 lot. California living at it's best.

Hawthorne CA Residential Income for Sale

Up for sale is Two 7 units apartment complexes - 12613 and 12617 Kornblum Ave. These buildings are attached and situated on two legal parcels.

10 of the 14 units contain living rooms of which some have a partition privacy wall. The unit mix is 8 One Bedrooms, 4 Two Bedrooms, and 2 Two Bedroom two bath Town House units. 

The building was constructed in the mid 1980's and has individual hot water heaters, separately metered for Gas and Electric, and sprinklered for fire protection - all great attributes for keeping operating expenses low. 

Plenty of parking with carports, open parking and 2 garages to handle approximately 24 spaces.

Two laundry rooms for each of the 7 units. Currently only one per property in use.

Playa Del Rey CA Residential Income for Sale

Beautiful 10+1 unit complex consisting of 9 oversized one bedroom units and 1 two bedroom unit and a few blocks to the beautiful California Beaches. 

Most units feature either a huge patio or balcony area. 

Below the structure is a 10 car garage and two parking spaces outside. 

Separately metered for Gas and Electric.

Recent upgrades include new double and triple pane windows and glass sliders.

This property is located within the zone of LA City Rent Control.

Owner pays utilities for Extra unit and the attached Nonconforming unit.

Torrance CA Commercial Sale for Sale

The Boulevard Professional Building consists of 2 medical suites whereas one is available for lease - previously used as a dental practice for 60 years, ground floor unit, with approximately 1000 sq ft,. This unit will come furnished as a dental office, built out with 4 exam rooms, a reception area, a private office, and a large waiting room area. Or, a new investor can reposition the suite to a new use with a market rate tenant of their choice. The other unit on site has been occupied with the same medical tenant for over 35 years as a Chiropractor Office - currently Month to month with the intent to stay. This suite consists of 2 stories, 4 bathrooms, 6 exam rooms, approximately 2700 sq ft, central HVAC, and open air walkways upstairs. This tenant is interested in remaining on site and will entertain a 5 year lease (currently MTM).Buyer shall verify all square footages, ADA compliances related to specific use, and all proforma income and expense figures. Income is based on proforma numbers. Expenses are estimated. No Cams are being collected.

Los Angeles CA Residential Income for Sale

Located in the heart of the Skid Row District of Downtown Los Angeles, this 29 unit apartment complex is a fantastic opportunity to own a unique housing community that can be EITHER be profit driven by being operated via a private investor or operated by a charitable organization / philanthropist whom wants to help the dire homelessness situation in Los Angeles. Potential Grants and Subsidies are available for qualified buyers/operators that have experience in providing housing. Check with your broker or local political contacts. The interior unit consists of 21 rooms that share 4 common bathrooms, and 7 units with private bathroom / showers. One unit has a private kitchen area. This brick construction asset has been maintained over the last century with upgrades and retrofit as required. Many room interiors have been upgraded during the last 5 years. There is no parking on site - however, adjacent parking lots are commonly available.

Los Angeles CA Residential Income for Sale

Beautiful Fourplex located near USC and Downtown Los Angeles. 2 units have a bonus room and laundry hook ups and all units have front entry and rear exits to the grass area backyard. Each apartment has separate electrical & gas meters, as well as individual hot water heaters. Owner's unit comes with parking for 2 cars (tandem) and a deluxe central HVAC. Large demand for student housing plus huge growth within the downtown Los Angeles area could make this a great investment opportunity with future upside on rents (subject to LA City Rent Control).

Inglewood CA Residential Income for Sale

The subject property has an outstanding unit mix of (11) Two Bedrooms and (2) Three Bedroom units and is located in one of the best sections of the city of Inglewood. The parking is approximately 1 space for each unit with half covered spaces by carports and the other half assigned and open. In addition to a great unit mix and preferred location in the city, the subject property other amenities including a community laundry room, separate meters for Electric and Gas, as well as a grass frontage for the residents to enjoy.The city of Inglewood is a preferred city for investment due to the recent growth of the NFL Stadium as well as being located next to the LAX Airport, local beaches, employment, and massive influx of new development. Although there is a city established rent control, owners can increase rents between 3.6%-8.6% annually based on the current & reasonable rental caps established. 8.6% is available for rents below 80% of the FMV which currently is $1635 for 2 bedrooms and $2154 for 3 bedrooms. Thus, many investors would consider Inglewood, "investor friendly" as well as "tenant friendly" - which is substantially better many other surrounding cities.Current rents are relatively low and have some immediate upside potential. Some (4) residents are also benefitting from Housing is Key Covid Relief funds - which have been regularly received as applied for.

Inglewood CA Residential Income for Sale

Pride of ownership building. Original owner (sellers family) since constructionRecently up graded windows. Re-pipe completed this year. Many units remodeled with new floors/paint/ appliances. Common washer dryer onsite. Individually metered for electric and gasAssigned Parking 1 per unit. Individual Tenant storage. Corner lot, across from school.

Los Angeles CA Home for Sale

Exciting opportunity for a rare residential home lot of approximately 7k sq ft.. North of Wilshire Blvd with the Potential to Redevelop, Redesign, or add an ADU - buyer to verify all potential options. Great opportunity as this home is centrally located in the prime area of West LA, and close proximity to Beverly Hills, and Hollywood. Existing layout has 2 bedrooms and lush landscaping, detached garage and a huge driveway to accommodate multiple cars.

San Pedro CA Residential Income for Sale

Value added opportunity situated in one the most dynamic growing cities within Southern California. The Subject Property was built in 1988 and is exempt from LA City Rent Control (California does have a Statewide cap on rent increases whereby an annual increase of 10% (SB1482) is permissible. Consisting of a functional and useful mix of 4 studios, 1 Bedroom, and a 2 Bedroom apartment, this complex will provide an investor a great opportunity to for a strong year-round occupancy while growth in income. Several of the apartments face 7th St and has plenty of natural light with great windows. Parking is covered, utilities are separately metered for Gas and Electric. Central Hot Water Heater and Laundry Room. Since this property was built in the 1980's, less headaches for an investor. Several units were turned over in the last 3-4 years and have been upgraded.Why Purchase: This asset should/could/may provide an investor with immediate cash at List Price with potential of 10% annual increases with the expectation of minimal move outs due to the existing low rents. Thus, ease of ownership, low expenses, and value-added opportunity... Special consideration for an investor is the massive and unprecedent growth and development in the city of San Pedro - including the Billions being spent on the waterfront retail project as well as the super high end housing projects - all within reasonable walking distance from the Subject Property. 1st Thursdays are also back. Make sure to take your client by the property and walk a few blocks to the huge festivities on the 1st Thursday of each month.

San Pedro CA Home for Sale

Check it out NOW. Recently refreshed with new paint, new fencing, interiors painted and clean up. Now, Ready for move in. Enjoy this Double size corner lot with water/bridge/harbor views (5038 sq ft - per assessor). Buyer to verify all possibilities for additions of an ADU or redevelopment. Great location and walking distance to Hey Rookie Pool, Cabrillo Beach, Cabrillo Marine Aquarium, plus the upcoming Billion Dollar waterfront retail development project. This asset is being sold as is. Large front yard, Detached Garage, Detached Storage, Newer Water Heater, amazing front decks to enjoy the views and rear yard for storage or secure boat parking. Imagine parking your boat or jet ski's in your backyard and driving a 1/2 mile to the boat ramp at Cabrillo Beach! Location Location Location! This home also has a huge side yard where you can potentially park 5+ cars and keep the garage for toys !! Best of the best !

Gardena CA Residential Income for Sale

Updated Set Up Sheet. Price Improvement. Seller financing available. 14900 Lemoli Ave., Gardena CA 90249 is a 16-unit apartment complex that benefits from a strong employment base as well as a nearby community college that helps provide constant demand for housing. The property consists of all large One Bedroom Units and is situated on an oversized 15,624 sq ft lot with plenty of parking. All utilities are paid by Landlord (Master Metered). Upside: Buyer may be able to institute RUBS on turnover(s). This asset is situated in zip code area of the City of Gardena, however, under it falls under the jurisdiction of LA County (not LA City). Value Added: Rents are very low compared to Market! In addition to 4% annual increases, an investor can increase rents substantially on turn-over. Additionally, there is an office unit that has plumbing for a toilet and shower which may be able to be leased out as an office (Buyer to verify). An investor can also find upside with additional income from the laundry room, storage facilities onsite, and the ample parking area. For investors looking for a value-added opportunity - this might be your deal! Some basic deferred maintenance makes this investment offering perfect for an investor that knows how to beautify a property and maximize rents in the process. Priced competitively BELOW 10x GRM (9.97) and a potential 6.30% CAP, this asset potentially can possibly cash flow at the list price using reasonable estimated expenses!!

Newport Beach CA Residential Income for Sale

$500,000 Price Reduction! Bring All Reasonable Offers for this Once in a lifetime opportunity! This asset is a once in a lifetime opportunity! Options to utilize it for your primary residence, 50% as your primary residence (since it's a legal duplex), and/or keep it fully in the rental pool generating income while having it accessible to use personally when vacant. Included in the sale, TWO highly coveted, transferable, active Short-Term-Lodging permits approved with the city. Buyer to verify all details for their intents and purposes.Located in the heart of the Balboa Peninsula on the Newport Beach Sand! Occupants can enjoy the immediate social life of the Bike Path & Volleyball Courts or a short stroll to the Surf Shops, Restaurants, Markets, and The Pier. Short term permits allow for approximate 16 occupants (buyer to verify) between the 2 units (Unit A, approximately 1333 sq ft.), a Three Bedroom Two Bath unit, and Unit B (approximately 1676 sq. ft), is a 4 bedroom 2 1/2 Bath. Special Note: Across the bike path from this asset, your resident's and their guest can enjoy access to a giant city parking facility. This asset has it ALL. Parking, Duplex, High Occupancy Potential, Income, Sand Location, Bike Path and immediate ocean/sand access. This is an heirloom asset that should not be overlooked! Other options to consider, park money here for your 1031 exchange? or lease it out to long term tenants? Opportunities are endless!

Gardena CA Residential Income for Sale

The Marine Bay Apartments - an 81 Unit South Bay apartment complex located at 3351 Marine Ave., Gardena (Post Office Box Gardena) - situated and zoned by LA County. This rare offering - 1st time in over 20 years, is one of the largest investment multifamily apartment complexes available for sale in the entire South Bay / LA area.Situated in the growing and prosperous outskirts of the city of Gardena, yet regulated by the Los Angeles County Strip rental guidelines, this asset benefits from a permissible 4% annual rental increases while also collecting for utilities reimbursements via RUBS (Ratio Utility Billing System). Consisting of a solid mixture of 38% One Bedroom, 5% Two Bedroom, and 57% Studio & Grand Studio units (to be verified), this asset has consistently been able to attract residents from the local El Camino Community College, as well as facilitate housing for the massive employment base in the immediate surrounding area. Note: All Studio units have their own kitchenettes, the Grand Studios have kitchenettes and partition walls that provide privacy between the bedrooms and the other living areas (see floor plans in photos). All units benefit from the amazing tropical and tranquil landscape consisting of massive palm trees throughout the impressive and access to the center sparkling pool that adds to the surreal beauty of this 53,743 sq ft lot (per assessor). With approximately 75+ parking spaces (covered and open), employment, colleges, freeways, local beaches, and LAX Airports in close reach, this asset should provide amazing occupancy and upside due to extreme high demand for housing and the need for affordable housing.Note; Electrical Panels show brand GE. Balcony repair and inspection requirements related to SB 326 requirements will be completed prior to close of escrow with some upgrades in progress to existing walkways.

Playa del Rey CA Home for Sale

Beautifully Remodeled 1st Floor, 2 Bedroom 2 Bathroom unit with an oversized outdoor patio entertaining area! This condo is located in the popular Cross Creek Village complex of Playa Del Rey!. Don't procrastinate, as this unit is a super rare find. 1st floor access, 2 reserved/assigned & underground parking spaces, ancient acoustic radiant ceiling heating removed and replaced with functional and updated wall heaters, LED Smart lighting, New Appliances, top grade plank flooring, upgraded stone countertops throughout (kitchens and Bathrooms), ceiling fans in all rooms, heat fans installed in bathrooms, upgraded blinds, and fixtures, unit is awesome and ready to go! The Cross Creek Village is a unique find in Playa Del Rey. Consisting of 500+ units that offer amenities not typically found in the average smaller condo complexes. Residents can enjoy tons of options with the Basketball Courts, Tennis Courts, Pickleball Courts, large Gym facility, Sauna, Jacuzzi, 2 huge swimming pools areas, plus, an incredible common area Recreational Facility that includes Pool Tables, Ping Pong Tables, Meeting Rooms, a Library, Kitchen Area for large events/parties, multiple common area laundry room facilities, LUXUR packages receiving services (get your Amazon deliveries with ease).This new home has everything you could ever ask for and its near LAX, a quick walk to the local beaches or the Paseo del Rey Elementary School, tons of nearby schools/college, employment, shopping, sporting event facilities, and all freeways. Unlimited potential. You don't want to miss this rare find!

Inglewood CA Residential Income for Sale

433 Venice Way is a 7-unit Apartment complex that is being sold with significant upside potential due to below market rents. This investment asset is located in the Prime NW Inglewood region of the city of Inglewood. Recent additions to the City of Inglewood include the new Sofi Stadium (NFL - Home to the Chargers and Rams), and the new Intuit Stadium (NBA - Home to the LA Clippers). In addition to these two gigantic venues & the tremendous new retail and high-end housing developments, the City of Inglewood recently upgraded The Forum and Hollywood Park Casino. The accumulation of all these projects has created a massive income growth, employment base, as well as a huge demand for housing throughout the city and surrounding areas.Although the City of Inglewood has its own rent control division, it is NOT subject to LA City, or LA County RSO. The current annual rent increase potential is 8.9% for qualified rents that are below 80% of FMV and 3.9% for those rents that are above the 80% FMV. Since most of the rents are below this 80% threshold, a new owner could potentially grow their income stream quite rapidly with this investment.Other benefits and reasons to buy this investment offering:Electrical: All units have new Electrical Subpanels. Plumbing: Copper Plumbing replaced. Utilities: Individual Hot Water Heaters and Separately Metered for Gas and Electric for each tenant (provides for low cost of ownership). Location: NW Inglewood (highly desired), Unique Character: Some units have oversized windows, vaulted ceilings, balconies, and the asset also benefits from an amazing curb appeal with is unique corner lot. Amenities: Common area Laundry Room with no lease, plus covered parking for all 7 units.

Inglewood CA Residential Income for Sale

PRIME NW Inglewood Location. 8 unit apartment complex with recently upgraded Electrical panels and Roof (approx 10 yrs old). Great unit mix with a mix of Large One Bedrooms (8) and Two Bedroom One Bath Units (3). Price to Sell with a potential 6%+ Cap. Long Term tenants with significant upside in rents (Rent Roll attached). City of Inglewood allows a generous annual rent increase of 8.9% when rents are below their 80% FMR (Fair Market Value) which applies to all of the residents. This asset is NOT Subject to LA City or LA County Rent Control restrictions. Low Cost of operations as each tenant pays their own Hot Water with individual Hot Water Heaters in each unit. Tenants also benefit from a Gas servicing each unit (as with individual meters) and Individual Electric Meters. Common area laundry on site (Vender has MTM Agreement). Parking area consists of Open Spaces (3), Carports (3), a 2 car enclosed garage plus and additional single car enclosed garage.Amazing street presence. Pride of Ownership asset. Seller (and partners) has owned this asset for 24+ years and is retiring / dissolving the partnership. No Seller carrybacks of financing offers are considered.Other recent upgrades:SB 326 Balcony requirements: Inspected and Repairs completed with permits by National Deck. Stairway railings brought up to current code height and spacing requirements. Main Gas Meters updated with Earthquake Shut off Valves - to comply with Insurance Requests.

Los Angeles CA Residential Income for Sale

Unique opportunity to own a Duplex just three short blocks from the beautiful LA County Athens Park. Subject property consists of 2 large Two Bedroom apartments (single floor access) with laundry hook ups, shared enclosed 2 car garage, large front, back and side yards offering a bunch of different fruit trees. Front unit was recently remodeled with recessed lighting, new water heater, stone countertops, new cabinetry, high end vinyl plank flooring and it will also have new appliances installed at closing (Fridge, Stove, Washer Dryer Combo unit). Electrical appears upgraded in front unit with GE Panels and 70 Amp Service. Note: Each of the 2 units have separate Gas and Electric Meters as well as individual hot waters heaters to help control expenses of operations. Note: Other owners in the area with similar lot/dimensions enclosed the back-alley yard area and added 4 extra parking spaces (Buyer to verify costs and zoning). Additional exterior upgrades are in progress. Photos will be updated weekly. Athens Park which is a short 3 block walk from the subject property and offers amazing amenities including 2 large baseball fields (Dodgers Dreamfield), 2 Tennis Courts, a large swimming pool, basketball courts, 2 work out areas with outdoor equipment, and multiple community recreational centers offering ADULT, TEEN, CHILDREN and FAMILY activities - including Karate, Swim, Baseball Camps, and evening activities (Thursday-Saturday) for Scuba, Water Aerobics, Teen Night, In-Water Movie Nights, etc.. This LA County run park is beyond amazing to have just a short distance from your front door.

Inglewood CA Residential Income for Sale

8 Prime units North Inglewood - On the Market for the 1st time in over 40 years! This asset is a Gem that shouldn't be overlooked. Owned by a former management company/operator that specialized in the city of Inglewood for 40+ years (recently retired). This asset is situated 3 short blocks to the new Sofi & Intuit Stadiums, Hollywood Park Casino, LA Forum, Centinela Hospital, and within a few miles to LAX, SpaceX, California Beaches, + all major freeways (105, 405, 90). Consisting of an outstanding unit mix of Seven: 2 Bedrooms One Bath units and One: (Giant) 3 Bedroom 3 Bath unit, this superior unit mix promotes a very stable tenancy base with 50% of the residents residing on site for over 10 years+ and only 1 vacancy in the last 5 years! The city of Inglewood has its own Rent Registry Department that is deemed by many investors as fair to landlords. Rents that are below predetermined Market Rents can be increased 8.8% annually - see the City of Inglewood Rent Registry Site for more information.Upgrades: New Electrical Panels and Subpanels for all units! Roof is Approx 10 yrs old.Notable Amenities: Private Patio on 3 Bedroom unit, 2 units with outdoor patios/decks, Covered Parking for 8 Cars, MTM Laundry Agreement (upside).Upside: This asset is scheduled to received significant FAA Noise Abatement Upgrades in the near future (date to be determined)