John Swartz

Los Angeles CA Residential Income for Sale

PRICE REDUCED! All financial information provided assumes that vacant Unit 5 is leased at projected rent and assumes a 4% rental increase for Units 4R, 6R and 8 as of 7/1/19. Unit mix is two (2) large 1bed+1bath units, four (4) large 2bed+1bath units, one (1) two story 2bed+1bath townhome unit, and one(1) 3bed+2bath unit. The property is a two-story, 7,120-square-foot walk-up building with a wood frame and stucco construction situated on a 7,500-square-foot lot. One (1) 1bed+1bath and three (3) 2bed+1bath units have been fully renovated with high end finishes. The renovated units feature light laminate flooring throughout, recessed lighting, custom tiled walk-in showers, in-unit washer/dryer, new kitchen cabinets and counter tops along with all stainless-steel appliances including a dishwasher and over-the-range microwave. Parking is eight (8) single spaces of which four are individually garaged. Units are separately metered for gas and electric. One common area washer/dryer.

Los Angeles CA Residential Income for Sale

Gross income, Cap Rate and GRM assumes that vacant Unit 6 will be leased by Seller at $1,595/month. See Docs for Offering Memorandum. Unit mix consist of eight (8) large studios and six (6) large one bedroom/one bath units built in 1966. The property was renovated in 2017 and 13 of the 14 tenants are new since 2017. The studios feature large kitchens and living areas, significant closet and storage space, and bathroom vanities have a separate space from the toilets/showers in many of the units. The one-bedroom units feature large kitchens, ample closet and storage space and the living areas and bedrooms are uniquely large for this unit type. Each of the units are separately metered for gas and electricity. One washer and dryer is available on-site for tenant use. Parking is provided on-site with fourteen (14) tuck under spaces. Sale includes two parcels - APN#5504-025-021 and 5504-025-024

Los Angeles CA Residential Income for Sale

PRICE REDUCED by $155,000! - Current capitalization rate and GRM assume that vacant Unit 10 (709 #6) will be leased by buyer at market rent. 707 Crenshaw Boulevard is a ten-unit classic 1940s vintage apartment building constructed in 1940. Seller is delivering Unit 10 (709 #6) vacant. The property is a two-story, 6,362-square-foot walk-up building with wood frame and stucco construction situated on a 7,499-square foot lot. Opportunity to renovate and significantly increase rents. Parking - four single garage spaces, and one single surface space.

Inglewood CA Residential Income for Sale

604 Evergreen St is an 11-unit plus one non-conforming unit apartment building built in 1963. The unit mix consists of five 1bed+1bath units, four 2bed+2bath units, one 3bed+2bath unit, one large 3bed+2bath two-story townhouse unit, and one non-conforming 1bed+1bath unit. Eleven of the units have very large floor plans and a private patio or balcony with storage areas. All of the two-bedroom units feature large bedrooms, large kitchens, separate dining areas, spacious living rooms, and ample storage and closet space. The front unit was originally built for the owner to occupy and functions as a separate large 3bed+2bath two-story town-home with a double door entrance that faces Evergreen St. Parking is provided on-site with 20 spaces comprised of 14 single spaces enclosed by electric garage doors, and three tandem spaces without garage doors. Units are separately metered for electricity and gas, and the landlord pays for water and trash.

Los Angeles CA Residential Income for Sale

SEE OM IN DOCS SECTION OF LISITNG. 707 Crenshaw Boulevard is a ten-unit classic 1940s vintage apartment building constructed in 1940. The unit mix consists of six guest rooms and four 2bedroom/1bathroom units with preliminary plans and survey for an Accessory Dwelling Unit. The superior location and classic building architecture provide the perfect opportunity for an investor to immediately complete their own renovation plan in the 5 vacant units with significant rental upside remaining in the 5 leased units. All two-bedroom units feature large bedrooms, open kitchens, spacious living room areas, ample storage and closet space, crown molding and significant natural light. One of the two-bedroom units (709 Unit 5) has an updated kitchen, updated bathroom and hardwood flooring throughout. All guest rooms feature open kitchenettes, large living spaces, ample closet and storage space, crown molding and significant natural light. One of the guest rooms (709 Unit 3) has laminate flooring and a partially updated kitchen. Several of the units feature dual access from both the front and rear of the unit. Each unit also features an individual water heater. Current owner will deliver preliminary plans and survey to Buyer for an Accessory Dwelling Unit. Owner will also deliver preliminary plans to convert 2bed+1bath units to 3 bed+2bath units. 5 parking spaces.

Los Angeles CA Residential Income for Sale

SEE OM IN DOCS SECTION OF LISITNG. 3915 Brighton Ave is a luxurious, newly constructed fourplex that consists of two standalone two-story duplexes completed in 2019. The unit mix consists of two large 3bed+3bath units and two 3bed+2bath units. The units have large open floor plans, high ceilings and recessed lighting. Unit amenities include contemporary kitchens with stainless-steel appliances, rainfall shower heads, build-in closets, central air conditioners controlled by Nest thermostats, and in-unit washers and dryers. All of the units are one-story units. Parking is provided on-site with eight spaces comprised of one two-car garage, one one-car garage, three side-by-side spaces and one tandem space. All of the units are separately metered for water, sewer, electricity, and trash. The tenants are responsible for all the utilities except for common area water and common area electricity.

North Hollywood CA Residential Income for Sale

4 NEW CONSTRUCTION TOWNHOMES IN NOHO ARTS DISTRICT.We are pleased to offer a new construction four-unit complex built by TrueBuilt Construction Inc. The property is Green Certified, warrantied, and in a hot rental market. This non-rent-controlled luxury complex is comprised of two townhouse duplexes totaling four units. Each unit has a private two car garage, laundry in each unit, and a private entrance. Each is equipped with separate meters for water, gas and electricity as well as an owners common area electric meter for exterior lighting and common area water meter for landscape irrigation. The site is completed with drought tolerant landscaping, as well as energy efficient building materials, appliances, and fixtures presenting the buyer with a low maintenance environmentally friendly property. NoHo has seen an incredible surge of development over the last few years, with many eyes now on the near-complete NoHo West mega retail development capping the north side of North Hollywood, only minutes from 5631 Whitnall and the NoHo Arts District. Heading east, tenants are walking distance to the City of Burbank, offering dining and entertainment as well as a vibrant community of arts and entertainment professionals. While home at Whitnall, tenants are sure to be drawn to the safe and quant feel of a gated community of townhomes, secure and private living, with the added convenience of alley access as well as ample street parking for guests. The spacious layouts of the duplex units have three walls of natural light and only share one wall with a single neighbor. Features such as these cannot be found living in a large apartment complex, as such our tenants appreciate the lifestyle and have less turnover.Please contact us regarding this opportunity or one of the sellers many other similar developments throughout Los Angeles.

Santa Monica CA Land Lot for Sale

SEE MARKETING PACKAGE IN DOCS. 1443 18th Street is 7,500-square-foot vacant lot with Architectural Review Board and Administrative Approvals for a two-story 11-unit apartment project. The property is rectangular in shape with 50 feet of lot frontage. The designed unit mix consists of eight studio + loft units, one 1bed +1bath + loft unit and two 2bed + loft + 1bath units. All units in the design include loft space and private deck areas with several units having private rooftop decks, creating a comfortable, boutique feel to the project for prospective tenants. The design includes a subterranean parking garage with 13 parking spaces, and bicycle parking is also included with 16 spaces. One unit at the property must function as tenant income-restricted, which means that it can only be leased to households that do not exceed 180%of the Area Median Income. There are no caps on the initial rent and any adjustment shall not exceed 100% of CPI.

Santa Monica CA Land Lot for Sale

SEE MARKETING PACKAGE IN DOCS. 1443 18th Street is 7,500-square-foot vacant lot with Architectural Review Board and Administrative Approvals for a two-story 11-unit apartment project. The property is rectangular in shape with 50 feet of lot frontage. The designed unit mix consists of eight studio + loft units, one 1bed +1bath + loft unit and two 2bed + loft + 1bath units. All units in the design include loft space and private deck areas with several units having private rooftop decks, creating a comfortable, boutique feel to the project for prospective tenants. The design includes a subterranean parking garage with 13 parking spaces, and bicycle parking is also included with 16 spaces. One unit at the property must function as tenant income-restricted, which means that it can only be leased to households that do not exceed 180%of the Area Median Income. There are no caps on the initial rent and any adjustment shall not exceed 100% of CPI.

Santa Monica CA Land for Sale

Rare developer or owner-user opportunity to purchase an over-sized SMR2, 7499 SF lot in Santa Monica with alley access. Buyer's options include single family, multi-family, condos, affordable housing, community garden, senior housing and more. Only 12 blocks from the beach! Property is located in a highly acclaimed school district and within close proximity to shopping and public transit. Seller has pending plans and property can be delivered RTI for market rate non rent-controlled triplex at an additional fee. Demolition of old structure has been completed and property will be delivered as land. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals or satisfy themselves by their own personal investigations.

Santa Monica CA Residential Income for Sale

8-unit property with 6 of the units immaculately upgraded by Teague Designs located in the Mid-City area of Santa Monica. Just a few blocks away from top-tier restaurants, upscale shopping, high-end grocery stores like Erewhon Market, Bristol Farms and Whole Foods, and major employment hubs.- Comprised of (1) 1-bdrm + 1-bath unit (ADU), (1) 2 bdrm + 1 bath unit, (3) 2bdrm+ 1.5 bath townhome units, (1) 2 bdrm + 2 bath unit, and (2) 2bdrm + 2.5 bath townhome units. Sitting on an 8,125 SF lot zoned SMR2 located just north of Colorado Blvd.- All the units have large private outdoor patios, balconies, or rooftop decks that accommodate for indoor/outdoor living. The upgraded units all have custom built-ins and finishes. In addition, all the upgraded units have in-unit washers and dryers and an outdoor barbecue area with wet bar and storage area. Unit 2 the 2 bdrm + 2 bath unit has a private elevator taking the tenant from the parking area directly to the balcony entryway and the rooftop deck.- Tremendous Value-add opportunity, rents are approximately 53.0% below market compared to renovated units in the area. 7 units are in turn-key condition- 2 units delivered vacant: owner's unit (unit 2) and ADU (Unit 8) All offers need to be submitted on a CAR RIPA form. Gross rent multiplier and cap rate assume that both vacant units (owners unit and ADU) are leased at projected market rents.

Venice CA Residential Income for Sale

The Kinney on Nelrose located at 1176 Nelrose Avenue in Venice is an architectural masterpiece designed by GIBBS Architects. Located in the heart of Silicon Beach and less that 1.5 miles from the world-famous Venice Beach and Abbot Kinney Boulevard. Dubbed as "the coolest block in America" by GQ. The building is comprised of 3 3 bedroom + 2. 5-bathroom townhome style units. All the units are 3 stories units with the living area and private patios located on the top floors taking advantage of the views, the primary bedrooms located on the 2nd floor and the guest rooms (in units A & B) located on the 1st floor. Unit features include Top-shelf kitchens featuring Bertazzoni appliances, beautiful custom cabinets, custom bathrooms designed to give the tenants the beach vibe, private patios off the living area large enough for a dining table to enjoy with guests, and 2 tankless hot water heaters per unit. In addition, each unit has a private elevator which opens to each floor inside the unit. Parking is provided on-site with 3 tandem parking spaces and 1 tandem guest space totaling 8 parking spaces. Three of the tenant spaces have separate garages. Parking is provided on-site with 3 tandem parking spaces and 1 tandem guest space totaling 8 parking spaces. Three of the tenant spaces have separate garages. The mural on the front of the building was painted by legendary local artist Ruben Rojas. Known for his "Live Through Love" campaign and famous murals throughout the country, Ruben was included in Los Angeles' list of "Best Los Angeles Artists You Need To Know About" in 2017.

Venice CA Residential Income for Sale

The Kinney on Nelrose located at 1176 Nelrose Avenue in Venice is an architectural masterpiece designed by GIBBS Architects. Located in the heart of Silicon Beach and less that 1.5 miles from the world-famous Venice Beach and Abbot Kinney Boulevard. Dubbed as "the coolest block in America" by GQ. The building is comprised of 3 3 bedroom + 2. 5-bathroom townhome style units. All the units are 3 stories units with the living area and private patios located on the top floors taking advantage of the views, the primary bedrooms located on the 2nd floor and the guest rooms (in units A & B) located on the 1st floor. Unit features include Top-shelf kitchens featuring Bertazzoni appliances, beautiful custom cabinets, custom bathrooms designed to give the tenants the beach vibe, private patios off the living area large enough for a dining table to enjoy with guests, and 2 tankless hot water heaters per unit. In addition, each unit has a private elevator which opens to each floor inside the unit. Parking is provided on-site with 3 tandem parking spaces and 1 tandem guest space totaling 8 parking spaces. Three of the tenant spaces have separate garages. Parking is provided on-site with 3 tandem parking spaces and 1 tandem guest space totaling 8 parking spaces. Three of the tenant spaces have separate garages. The mural on the front of the building was painted by legendary local artist Ruben Rojas. Known for his "Live Through Love" campaign and famous murals throughout the country, Ruben was included in Los Angeles' list of "Best Los Angeles Artists You Need To Know About" in 2017.

Venice CA Residential Income for Sale

The Kinney on Nelrose is an architectural masterpiece designed by GIBBS Architects, located in the heart of Silicon Beach. It is less than 1.5 miles from the world-famous Venice Beach and Abbot Kinney Boulevard. The building is comprised of 3 3-bedroom + 2.5-bathroom townhome style units. All units are 3 stories with the living area and private patios located on the top floors taking advantage of the views, the primary bedrooms located on the 2nd floor, and the guest rooms (in units A & B) located on the 1st floor. Unit features include top-shelf kitchens featuring Bertazzoni appliances, beautiful custom cabinets, custom bathrooms designed to give the tenants the beach vibe, private patios off the top floors, in-unit laundry, tankless water heaters, and much more. The exterior of The Kinney on Nelrose was designed to have a modern California beach feel that is unique to Venice Beach. The mural was painted by world famous graffiti artist Ruben Rojas. This is truly a one-of-a-kind building in an amazing location! Call for an offering memorandum.

Venice CA Residential Income for Sale

The Kinney on Nelrose is an architectural masterpiece designed by GIBBS Architects, located in the heart of Silicon Beach. It is less than 1.5 miles from the world-famous Venice Beach and Abbot Kinney Boulevard. The building is comprised of 3 3-bedroom + 2.5-bathroom townhome style units. All units are 3 stories with the living area and private patios located on the top floors taking advantage of the views, the primary bedrooms located on the 2nd floor, and the guest rooms (in units A & B) located on the 1st floor. Unit features include top-shelf kitchens featuring Bertazzoni appliances, beautiful custom cabinets, custom bathrooms designed to give the tenants the beach vibe, private patios off the top floors, in-unit laundry, tankless water heaters, and much more. The exterior of The Kinney on Nelrose was designed to have a modern California beach feel that is unique to Venice Beach. The mural was painted by world famous graffiti artist Ruben Rojas. This is truly a one-of-a-kind building in an amazing location! Call for an offering memorandum.

Los Angeles CA Residential Income for Sale

1220 S. Manhattan Place is an 8-unit walk-up apartment building on a palm tree-lined street in Country Club Park. The building is comprised of six (6) 1-bdrm + 1bath units and two (2) 2bdrm + 1 bath units, on a 8,422 sq ft lot. The property boasts a walkscore of 91 (a walker's paradise) and offers tenants easy access to freeways and major employment hubs. The property is minutes away from DTLA, Jefferson Park and West Adams. This is a great opportunity for investors looking for solid returns in an up-and-coming area.Value-add opportunity, rents are approximately 38% below market compared to renovated units in the area. 2 1B+1BA units will be delivered vacant. - 2 units delivered vacant, - No seismic retrofit required, - 9 parking spaces on-site. Cap rate and GRM assumes both vacant units leased at market rents. Call for an offering memorandum.

Venice CA Residential Income for Sale

The Kinney on Nelrose located at 1176 Nelrose in Venice is truly a showstopping architectural masterpiece. Boasting 3 townhome-style units, each with 3 bedrooms and 2.5 bathrooms, this majestic building is conveniently located in the heart of Silicon Beach, less than 1.5 miles from world-famous Venice Beach and Abbot Kinney Boulevard. Named "the coolest block in America" by GQ Magazine. Each unit has been designed to maximize the views with the top floor hosting the main living area and private patios while the 2nd floor hosts the primary bedroom and downstairs holds all the guest bedrooms. The beauty of location combined with design excellence makes The Kinney on Nelrose an excellent investment for years to come.

Venice CA Residential Income for Sale

The Kinney on Nelrose located at 1176 Nelrose in Venice is truly a showstopping architectural masterpiece. Boasting 3 townhome-style units, each with 3 bedrooms and 2.5 bathrooms, this majestic building is conveniently located in the heart of Silicon Beach, less than 1.5 miles from world-famous Venice Beach and Abbot Kinney Boulevard. Named "the coolest block in America" by GQ Magazine. Each unit has been designed to maximize the views with the top floor hosting the main living area and private patios while the 2nd floor hosts the primary bedroom and downstairs holds all the guest bedrooms. The beauty of location combined with design excellence makes The Kinney on Nelrose an excellent investment for years to come.

Culver City CA Residential Income for Sale

This apartment complex comprises 13 units. The unit mix consists of 3-1 bed+ 1bath units, 1-2bed + 2bath unit and 9-three story 1 bed + 1.5 bath loft/townhome units. Located on the cusp Culver City and Playa Vista in the hub of Silicon Beach. Built in 2017, this property is not subject to AB 1482 or LA RSO. Parking is on-site with 14 spaces. All units have plenty of outdoor space with balconies and/or decks and plenty of natural light. Unit amenities include in-unit washer/dryer, central heating/air conditioning, large windows, sizable closets, and hardwood floors throughout with up to 19' ceilings. Kitchens feature Qortstone countertops, custom cabinets, and are fully equipped with stainless steel appliances. The bathrooms contain modern, ceramic tile flooring, glass/marble accented showers, and Qortstone countertops. 1 Units will be delivered vacant. 7 of the units have not received a rent increase in over a year. There is an opportunity to upgrade a shared outdoor space and convert the gym into an ADU/Studio unit. Rents are approximately 24% under market. Favorable to tenants, the location is steps away from The Campus in Playa Vista. Home to leading tech companies like Google, Youtube and Facebook. The Runway Playa Vista is close by, offering a Whole Foods, Century Theaters, many chic shops and lifestyle restaurants. In addition, tenants have easy access to major freeways, downtown Culver City and Los Angeles International Airport. All offers must be written on a California Association of Realtors RIPA Form.

Los Angeles CA Residential Income for Sale

True North CRE of Compass Commercial as the exclusive listing agents are pleased to present the opportunity to acquire 140 S. Westmorland Ave. This offering presents a substantial opportunity for an investor who desires and above market going in capitalization rate for a turnkey building. The building is subject to AB 1482 allowing for any rent increases of 5% plus CPI and not subject to LA RSO. This walk-up apartment complex comprises 7 units. The unit mix consists of (2) 2 bed/1Bath and (5) 1 bed/1 bath units on a large 7,916 square foot lot zoned LAR3. Located on the cusp of Koreatown and Little Bangladesh, this neighborhood is referred to as Wilshire Center, which is a sub-district of Midtown named after Henry Gaylord Wilshire's eponymous boulevard. It contains within it both Koreatown and Little Bangladesh. Built in1982, this property offers more favorable rent control and the ability to access market rents quicker. Parking is on-site with 12 spots along with on-site laundry plus an electric entry gate. Favorable to tenants, the property is located within short distances to the hub of Koreatown, illed with shopping, delectable restaurants and many other hot spots. Silver Lake offers a slew of culture and is located to the north east of the property. Downtown Los Angeles, Hollywood, Echo Park and even Dodger Stadium are all within short car rides away from the property. The 101 Freeway, public transportation, schools, shops, dining and entertainment contribute to the marketability to prospective renters and tenants. With excellent historical rent growth in the area and its central location, Koreatown continues to be one of the premiere apartment submarkets in Los Angeles.

Santa Monica CA Residential Income for Sale

This property is located 2 blocks from the Ocean and just steps from Main St in Downtown Santa Monica. The two-building complex comprises of a 1907 bungalow and a 1928 two-unit building. All three spacious units are two bedrooms, two bathrooms each with private entrances. The bungalow and the two-unit building are walk-up style, situated on a 2,502-square-foot lot. All units have undergone extensive renovations, featuring premium finishes and high-end appliances, including tankless hot water heaters, dishwashers, in-unit washer and dryers, and updated all copper plumbing. The property is located in the desirable Santa Monica area, providing easy access to a wide range of entertainment options, including the beach, shopping, dining, and nightlife. Street parking is available with permits, and each unit is separately metered for gas and electricity. One unit will be delivered vacant and can be occupied by an owner user or leased out to a tenant at $4,250 per month bringing the in-place cap rate to 4.44%. A walk score of 98 making the property a walkers paradiseU Easy access to Blue Bottle Coffee, Holey Grail Donuts, Urth Cafe and many other restaurants that are popular on Main StreetU There is plenty of nightlife options as well such as The Victorian, Jameson's Pub and June Shine.

Santa Monica CA Residential Income for Sale

This property is located 2 blocks from the Ocean and just steps from Main St in Downtown Santa Monica. The two-building complex comprises of a 1907 bungalow and a 1928 two-unit building. All three spacious units are two bedrooms, two bathrooms each with private entrances. The bungalow and the two-unit building are walk-up style, situated on a 2,502-square-foot lot. All units have undergone extensive renovations, featuring premium finishes and high-end appliances, including tankless hot water heaters, dishwashers, in-unit washer and dryers, and updated all copper plumbing. The property is located in the desirable Santa Monica area, providing easy access to a wide range of entertainment options, including the beach, shopping, dining, and nightlife. Street parking is available with permits, and each unit is separately metered for gas and electricity. One unit will be delivered vacant and can be occupied by an owner user or leased out to a tenant at $4,250 per month bringing the in-place cap rate to 4.44%. A walk score of 98 making the property a walkers paradiseU Easy access to Blue Bottle Coffee, Holey Grail Donuts, Urth Cafe and many other restaurants that are popular on Main StreetU There is plenty of nightlife options as well such as The Victorian, Jameson's Pub and June Shine.

Los Angeles CA Residential Income for Sale

2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.

Venice CA Residential Income for Sale

The Kinney on Nelrose the"Property", a newly constructed three unit luxury townhome building. Designed by KurtGibbs of GIBBS Architects, this remarkable property is located at 1176 Nelrose Avenue in the esteemed neighborhood of Venice, California. Completed in 2023, the building spans 5,583 square feet and is situated on a 4,399 square foot lot. Each unit boasts three bedrooms, two and a half bathrooms, and showcases meticulous craftsmanship with bespoke finishes. The residences are equipped with top-of-the-line Bertazonni appliances and feature the added convenience of private elevators. The property is not subject to any form of rent control regulations, providing an advantageous opportunity for investors or owner-users to adjust rents to market rates annually, thereby maximizing their return on investment.

Reseda CA Residential Income for Sale

The Windmere Court Apartments situated at 18325 Saticoy St, Reseda, CA 91335. The building features 52 well-appointed spacious units: 44 (2+2), 6 (3+2), and 2 (3+3). The amenities available for residents include a swimming pool, jacuzzi, basketball court, community BBQ, and laundry facility. Secured on-site parking is provided with 38 tandem and 39 single spaces allowing for 2 parking spaces per unit.Windmere Court is a rare value-add opportunity with tremendous rental upside located in Reseda, an affluent neighborhood in the San Fernando Valley. Constructed in 1989, the building qualifies for annual rent increases of 5% + the Consumer Price Index (CPI).The property's location provides residents with access to a dynamic urban experience. It is surrounded by renowned dining venues, upscale boutiques, notable parks, and significant cultural landmarks. Moreover, Westfield Topanga and the Northridge Fashion Center are within close proximity. The area is rich in green spaces, offering tenants ample opportunities for outdoor recreation. Nearby attractions such as Reseda Park Lake, Cal State Northridge Botanic Garden, Lake Balboa, Los Encinos State Historic Park, and the esteemed Japanese Garden can be reached within a short 10-minute drive.Residents have easy access to major transportation hubs and freeways: Reseda Station, is 2.1 miles away, facilitates smooth public transportation. Furthermore, residents benefit from the effortless access to pivotal freeways - the 405, 101, and 27, ensuring swift and seamless commutes to Los Angeles's primary employment and entertainment hubs.The building is in close proximity to schools such as Cal State Northridge, Pierce College, Valley College, and Mount St Mary's College.

Los Angeles CA Land Lot for Sale

Developers Dream - opportunity to acquire five contiguous lots located at 5613 - 5627 W Pico Blvd in the prime Mid-City submarket of Los Angeles. The 17,097 SF development site is zoned C4-1-O TOC Tier 2 allowing a developer to build +/- 45 units by-right or up to +/- 74 units utilizing the TOC density bonus. The site currently comprises a 4,077 square foot office building. The property offers a rare development opportunity as no previous rental units are on Lot and the new development will not be subject to the Rent Stabilization Ordinance. The property, situated in the Mid City neighborhood has a remarkable walk score of 91 (a walker's paradise), and offers residents a vibrant urban lifestyle. The property is just steps from renowned dining venues, bars,. Nearby attractions include LACMA, Little Ethiopia, The Peterson Automotive Museum, The Grove, Third Street Restaurants, Melrose Trading Post, and El Rey Theater, just to name a few. Future residents will enjoy convenient access to major transportation hubs and freeways, including the 10 freeway, and 101, facilitating easy commuting to employment hubs such as Downtown Los Angeles, San Fernando Valley, and Silicon Beach. For those looking for public transportation, there are several subway stops in proximity of the property including La Cienega/Jefferson and Expo/La Brea Stations. Additionally, Los Angeles International Airport is less than 30 minutes away. Please contact John Swartz or Jackie Carroll for more information.

Los Angeles CA Residential Income for Sale

4318 Leimert Blvd, Los Angeles, CA 90008 in the up and coming Leimert Park neighborhood. Built in 1931 the building is comprised of 6 spacious units, four 1bed + 1bath, and two 2bed + 1bath. Parking is provided on site with 6 garaged parking spaces. In addition, there is a laundry facility onsite, comprised of 1 washer and 1 dryer with coin free payment methods. Landlord is only responsible for water, common electric, and trash. The property's location offers a wide selection of beloved food destinations, trendy boutique retailers, iconic nightlife venues and several cultural landmarks including the Vision Theatre and Leimert Plaza Park. The property is conveniently situated near major freeways, including the 10 and 110, facilitating effortless commuting to employment centers such as Downtown Los Angeles, Culver City, Santa Monica, and the South Bay. Additionally, the Crenshaw/LAX lines provide readily accessible public transportation.

Los Angeles CA Residential Income for Sale

5105 W 21st, Los Angeles CA 90016 in the sought after Mid City neighborhood. Built in 1941 the building is comprised of 6 spacious units all 1 bed + 1bath. Parking is provided onsite with 6 covered parking spaces. In addition, there is a laundry facility onsite, comprised of 1 washer and 1 dryer with coin free payment methods. Landlord is only responsible for water, common electric, and trash.The property's location offers a wide selection of beloved food destinations, trendy boutique retailers, iconic nightlife venues and several cultural landmarks including LACMA and the La Brea Tar pits. The property is very walkable so most errands can be accomplished on foot. The property is also conveniently situated near major freeways, including the 10 and 110, facilitating effortless commuting to employment centers such as Downtown Los Angeles, Culver City, Santa Monica, and South Bay. Additionally, there are many means of nearby public transportation including rail lines and bus lines; the Metro E Line, 35/38 Metro Local Line and 33 Metro Local Line.

Beverly Hills CA Residential Income for Sale

This exquisite four-unit Mediterranean-style multifamily property exudes classic charm and modern convenience, nestled in the heart of Beverly Hills. Comprising two expansive 1,500 SF 2-bed/1-bath units, a 1,500 SF 2-bed/1.5-bath unit, and a generously sized 1,600 SF 3-bed/1.5-bath unit, each residence offers distinct architectural details that enhance the living experience. Features include decorative fireplaces, spacious separate showers and tubs, elegant pedestal sinks adjacent to the primary bedrooms, and full kitchens equipped with modern appliances. Individual laundry rooms with washer/dryer hookups are also provided for each unit.The top-floor units boast high ceilings adorned with intricate original moldings, while one unit enjoys the added luxury of a private balcony. Each unit is further enhanced by on-site garaged parking with electric doors, upgraded electrical systems, and HVAC. Much of the plumbing has been updated to copper, and the property also benefits from private back entrances leading to a shared patio, surrounded by drought-tolerant landscaping for both beauty and sustainability.Recent upgrades include roof improvements (with portions resealed and recoated in 2024) and a voluntary seismic retrofit completed in 2015. Additionally, the building has recently passed mandated balcony inspections, adding peace of mind for future ownership. With the potential to convert the garages into 1-2 ADUs, there is also an opportunity to boost revenue significantly.Located on a tranquil, tree-lined street, this property offers an unbeatable Beverly Hills address. Just a short stroll from Century City, iconic Rodeo Drive, Beverly Hills High School, and conveniently near public transportation, tenants enjoy easy access to the 405 and 10 freeways. Positioned in a highly desirable rental market, this property is poised for long-term appreciation and tenant satisfaction.

Los Angeles CA Residential Income for Sale

2641 S La Salle Avenue, located in the sought-after West Adams neighborhood. This well-maintained property consists of eight spacious units: six (1 bed + 1 bath) and two (2 bed + 1 bath). Residents benefit from convenient amenities, including covered parking and on-site laundry facilities. This property represents a compelling value-add investment with a potential rental upside of + 45% without the addition of an Accessory Dwelling Unit (ADU) and + 58% with the inclusion of a studio ADU. Additionally, two of the units will be delivered vacant. The 5,662 sq. ft. building is situated on a +/- 7,500 sq. ft. lot, making it a prime investment in a dynamic and growing area. Residents of 2641 S La Salle Avenue benefit from the property's central location, offering easy access to major employment hubs and convenient connectivity to the broader Los Angeles area. The building is strategically situated near the 10 and 110 Freeways, providing seamless commutes to Downtown Los Angeles, CulverCity, and other key areas. This prime location ensures that residents are never far from work, entertainment, shopping, and dining, making it an attractive choice for those seeking both convenience and a vibrant urban lifestyle.

Los Angeles CA Residential Income for Sale

CAP RATE AND GRM ASSUME THAT CURRENTLY VACANT UNITS 2 AND 3 WILL BE LEASED BY CURRENT MANAGEMENT COMPANY AT PROJECTED RENTS IN RENT ROLL. Unit mix consists of seven (7) large 1bed+1bath and two (2) 2bed+2bath units. The property is a two-story 8,284 square foot building built in 1967 on a 7,500 square foot lot. All of the units have very large floor plans that provide an investor the opportunity to complete their own renovation plan and significantly increase rents. The two-bedroom units have been upgraded with hardwood floors in the living room and feature floor-to-ceiling stone fireplaces and large balconies. Most of the kitchens are updated. The one-bedroom units feature large balconies or private patios and some feature hardwood floors. Most of the units feature a wet bar in the living rooms. Parking is provided on-site with eleven (11) spaces comprised of seven (7) single spaces and two (2) tandem spaces. Roof was replaced in 2009 and plumbing was upgraded to copper in 2010.

Los Angeles CA Residential Income for Sale

1201 South Orange Grove Avenue is a five (5) unit apartment building constructed in 1929. The unit mix consists of two (2) 1bed+1bath,two (2) 2bed+1bath, and one (1) two level - 2bed+1.5bath. The property is a two-story 5,225-square-foot walk-up building with wood frame construction situated on a large 8,322-square-foot lot. All of the units have very large floor plans, with hardwood floors throughout and each unit has its own separate water heater. Unit 5 is a large two-level townhome-style unit with the bedrooms on the second level and the kitchen, dining and living areas on the first level. There is an outdoor enclosed yard space of over 1,000 square feet provided for all tenant use, that a new owner can significantly upgrade. Parking is provided on-site with four (4) open surface spaces and street parking is readily available for tenants as it is permit require and limits visitors. Units 3 and 5 have in-unit washer/dryer hook-ups (appliances are currently owned by the tenants).

Los Angeles CA Residential Income for Sale

Prime Exposition Park New 2018 Construction. ALL UNITS WILL BE DELIVERED VACANT TO BUYER. ACTUAL/CURRENT INCOME, GRM (Gross Rent Multiplier) and CAP RATE (Capitalization Rate) ASSUMES VACANT UNITS LEASED AT PROJECTED RATES. Two standalone 2-story duplexes. Unit mix consists of two (2) large 4bed + 3bath units and two (2) 3bed + 3bath units. Units have large open floor plans, high ceilings, and recessed lighting. Unit amenities include contemporary kitchens with stainless steel appliances, rainfall shower heads, built-in closets, central air conditioners controlled with a Nest thermostat and washer/dryer hook-ups. Two of the units have balconies (4011 ½ S Raymond Ave and 1302 W. Martin Luther King Jr. Blvd). Both four (4) bedroom units are two story townhome style units with three of the bedrooms located upstairs. Parking is provided on site with eight (8) spaces comprised of four (4) tandem spaces. All units are separately metered for water, sewer, electricity, and trash.

Santa Monica CA Residential Income for Sale

231 California Avenue, a rare five-unit multifamily investment located in the prestigious North of Wilshire enclave of Santa Monica-just three blocks from the beach and moments from the vibrant retail and dining along Montana Avenue. Built in 1953, this two-story property spans approximately 4,426 square feet on a 5,016 square-foot lot zoned SMR3*, offering investors a compelling blend of prime location, strong in-place fundamentals, and substantial long-term upside. The building features an attractive unit mix of spacious one- and two-bedroom layouts, including two 1-bed/1 bath units, two 2-bed/1-bath units and one 2-bed/1.5- bath unit which boasts a private outdoor patio. The property includes four on-site parking spaces (two garaged and two tandem), with additional permitted street parking available for residents. Each unit is separately metered for gas and electricity, includes its own water heater, and is supported by a security system. Operating expenses are minimal, limited primarily to water, common area electricity, and trash. Boasting a Walk Score of 89, the location offers residents unparalleled access to Santa Monica's top lifestyle destinations, including the beach, Palisades Park, Third Street Promenade, and the iconic Pier. Easy access to major transit corridors like the 10 Freeway, 405, PCH, and Expo Line ensures convenient connectivity to Downtown LA, Silicon Beach, and LAX. This is a premier opportunity to acquire a turn-key asset in one of Southern California's most supply-constrained and highly desirable coastal submarkets. 1 Unit (2+1) to be delivered vacant

Los Angeles CA Residential Income for Sale

LOCATED IN OPPORTUNITY ZONE!!! Excellent 2019 New Construction Building to add to your investment portfolio. Fourplex located in the heart of Los Angeles. 15 minute walk from University of Southern California (USC) with 44,000 students. Secure Gated Private Parking Spaces: Each unit comes with 2 tucked spots with plenty of guest parking in the rear - 8 spots. Large Open Floorplan, 10' High Ceilings, Stainless Steel Appliances, Premium Laminate Floors, Custom Cabinetry with Ample Storage, Walk-In Closets Each duplex offers 3-bed, 3 bath (est.) 1,342 SF Spacious Units in a Premium Living Complex. Separate meters for Gas and Electric. Can be sold together with 3944 Budlong, two Separate APN's.

Los Angeles CA Residential Income for Sale

LOCATED IN OPPORTUNITY ZONE!!! Excellent 2019 New Construction Building to add to your investment portfolio. Fourplex located in the heart of Los Angeles. 15 minute walk from University of Southern California (USC) with 44,000 students. Secure Gated Private Parking Spaces: Each unit comes with 2 tucked spots with plenty of guest parking in the rear - 8 spots total. Large Open Floorplan, 10' High Ceilings, Stainless Steel Appliances, Premium Laminate Floors, Custom Cabinetry with Ample Storage, Walk-In Closets Each duplex offers 3-bed, 3 bath (est.) 1,342 SF Spacious Units in a Premium Living Complex. Separate meters for Gas and Electric. Can be sold with adjacent fourplex at 1135 W Leighton Ave Two Separate APN's.

West Hollywood CA Residential Income for Sale

Located in vibrant West Hollywood, 7927 & 7929 Norton Ave presents a compelling investment opportunity. This Spanish-style property consists of 4 units across 2 buildings, each offering 3 bedrooms and 2 bathrooms. With a value-add potential and over 70% upside, this property is priced at $393 per square foot, making it a lucrative prospect for investors. The spacious units feature hardwood floors, high ceilings, and charming decorative fireplaces. Each unit is equipped with modern amenities including in-unit washer/dryer, kitchen appliances, and assigned parking spaces. Situated on a 7,395 sq. ft. lot, the property boasts a walk score of 96, providing residents with unparalleled access to dining, entertainment, and shopping options. Conveniently located near Whole Foods, LACMA, and the Sunset Strip, this property offers a premium urban lifestyle. With easy access to major freeways, commuting to Downtown LA or the San Fernando Valley is a breeze. Don't miss out on this opportunity to own a prime piece of real estate in the heart of West Hollywood.