Babak Siminou

Inglewood CA Commercial for Sale

ASSUMABLE $1.18M CHASE LOAN AT 4.70% INTEREST-ONLY THRU AUGUST 2027... This 8-unit apartment building is located in prime Inglewood, one of the hottest up-and-coming markets in Los Angeles. The property was built in 1972 and is comprised of (6) 1-bed / 1-bath units and (2) 2-bed /1-bath units. The property sits on a huge lot, nearly 9,000 square feet, and is zoned R3. The two-bedroom units have spacious balconies, and one of the one-bedrooms at the front of the building also has a large private balcony. Significant capital improvements have gone into the building, including new mainline sewer pipes, updated electrical components, and extensive interior renovations in 4 out of the 8 units. These tasteful renovations include new flooring, new kitchen/bathroom cabinets & fixtures, new stainless-steel appliances, bathroom tiling, recessed lighting, as well as new blinds and fans. The property also features 8 parking spaces and a community laundry area for additional income. Additionally, the property is being offered with a fantastic assumable Chase loan at 4.7% interest-only through August 2027, providing a 5.70% cash-on-cash. Lastly, the property offers room to build at least 3-4 ADUs in the tuck-under parking area, detached garage and attached storage areas (Buyer to verify).

Los Angeles CA Residential Income for Sale

Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.

Los Angeles CA Residential Income for Sale

Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.

Pasadena CA Residential Income for Sale

CALL FOR OFFERS!! DUE BY THURSDAY, NOV.5, 5:00PMWe are pleased to present this 10 unit, non-rent control apartment complex on a quiet, residential street in Pasadena. This is a bread and butter apartment property that is easy to manage with a strong tenant base as well as upside. It has a great unit mix of Five 2 bedroom and Five 1 bedroom units each with separate water heaters. The building was recently painted and the Pitched roof is about 6 years old. Some units have been updated inside with laminate and tile flooring. It features carport parking with 1 garage space and additional open parking for a total of 14 on-site spaces. Located directly across from a park & ample street parking. There is an on-site laundry room with two washer/dryer coin-operated sets, Landlord OWNED and included with the sale. All units are separately metered for gas & electric, landlord pays water, trash and electricity/gas ONLY for laundry room. DO NOT DISTURB OR APPROACH TENANTS DRIVE BY ONLY

Santa Monica CA Residential Income for Sale

6 units in prime Santa Monica located just south of Arizona. Pride of ownership with value add opportunity. No seismic retrofit required. 5 enclosed garages and convenient laundry facilities. The exterior features an expansive large front landscaped lawn/garden. The building is conveniently located near the hospitals, medical buildings, schools, public transportation, shopping and Santa Monica entertainment.

Sherman Oaks CA for Rent

Very nicely remodeled townhouse with all the amenities you want and need. Two side by side parking spaces with direct access to the unit. Secured access building. There is a bonus room which could be used for office/ gym, etc. Convenient and close to Metro Orange Line, Valley College, houses of worship, and restaurants and shops.

Beverly Hills CA for Rent

Located In a prime neighborhood in Beverly Hills strategic location near Cedar Sinai Hospital, Century City & Santa Monica, this 3 Bedroom 3 Bathroom beautiful condo with three side-by-side-by-side parking spaces is available for lease!Property Features:Spacious Bedrooms (newly remodeled master bathroom)Air ConditioningTiled EntrywayFire PlaceHardwood FloorsUpdated Kitchen Appliances (refrigerator and dishwasher)New Washer and Dryer in UnitRecreation Room

Los Angeles CA Residential Income for Sale

1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.

Sherman Oaks CA Home for Sale

Corner unit with only one adjoining wall! Great rare 3 bedroom unit located in Sherman Falls townhome! 3 BEDROOMS + BONUS ROOM. High ceilings, hardwood flooring, recessed LED lighting & a beautiful gas fireplace. Kitchen with QUARTZ counters, newer high-end stainless appliances, with the washer and dryers included. Spacious pantry. Conveniently located HALF BATH downstairs. Upstairs with the master bedroom and private bathroom. The other two bedrooms share a full bathroom. Laundry room is located upstairs as well in its own closet. Making your way downstairs you have two side by side parking spaces w/direct access to the garage, and an additional spacious BONUS ROOM off the garage, perfect for a home office, gym, guest room, storage, etc. Agent Remarks: Seller, Broker and Broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines, permitted or un-permitted spaces, etc. Great for a growing family! Buyer(s) & Buyer's agents are advised to independently verify the accuracy of all info and to do their own due diligence. Call agent for details.

Sherman Oaks CA Home for Sale

Corner unit with only one adjoining wall! Great rare 3 bedroom unit located in Sherman Falls townhome! 3 BEDROOMS + BONUS ROOM. High ceilings, hardwood flooring, recessed LED lighting & a beautiful gas fireplace. Kitchen with QUARTZ counters, newer high-end stainless appliances, with the washer and dryers included. Spacious pantry. Conveniently located HALF BATH downstairs. Upstairs with the master bedroom and private bathroom. The other two bedrooms share a full bathroom. Laundry room is located upstairs as well in its own closet. Making your way downstairs you have two side by side parking spaces w/direct access to the garage, and an additional spacious BONUS ROOM off the garage, perfect for a home office, gym, guest room, storage, etc. Agent Remarks: Seller, Broker and Broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines, permitted or un-permitted spaces, etc. Great for a growing family! Buyer(s) & Buyer's agents are advised to independently verify the accuracy of all info and to do their own due diligence. Call agent for details.