Peter Ciriello

Santa Monica CA Commercial for Sale

Seven generously sized 2+2 units nestled in an excellent Santa Monica location. This property offers a solid 4.99% in-place Cap rate. Modern features such as copper plumbing, upgraded electrical systems including electrical car chargers in parking area, and a newer roof (2018) ensure durability and efficiency. Four the units have been upgraded with in-unit washers/dryers. Security is enhanced with newly gated premises, providing peace of mind to occupants. Additionally, a newly installed water heater adds further value to the property.Furthermore, investors will find potential for expansion with plans ready to submit for an Additional Dwelling Unit (ADU), capitalizing on the demand for flexible living spaces. Please contact us for an OM.

Santa Monica CA Residential Income for Sale

REDUCED. Best available Property in Santa Monica! 800 block of 18th Street at the top of Montana's strip. 7 extra large 2+2s, (5) 1250 SF, (2) 1450 SF. Laundry in unit for 3 of 7 units. New roof in 2018, Copper Plumbing, all electric building (low expenses). Units have separate entrances and large private balconies/patios. Parking for 9. The owner is in the process of gating the property.

Santa Monica CA Home for Sale

On a rear flag lot, this property comprises four units, each featuring one bedroom and one bathroom. Two units are 500 square feet, while the other two are slightly larger at 625 square feet. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Parking is provided with four garages and one carport on-site. Three garages and the carport are rented separately for extra income. Street parking is ample. ADU Plans are underway to convert the garages into an additional unit. Please note, the front parcel is NOT included in the sale. Unit A is vacant and may be shown by request Please drive by only, do not disturb tenants.

Santa Monica CA Commercial for Sale

**Perfect Owner/Occupy Opportunity in Prime Santa Monica location** Unit A was Recently leased for $2,850 and Unit B for $2,695. This showcases the income potential of this property. Unit 2 in the duplex is vacant, ideal for an owner-occupier. The seller is flexible and may offer up to 80% LTV financing to facilitate a deal for the right Buyer. 5.48% Cap rate when fully occupied and a 13.41 GRM, this property is attractively priced. Sold together on two separate parcels, the front duplex features two 2-bed, 2-bath townhouses, each 1,600 SF, with in-unit laundry, fireplaces, and private patios. The rear fourplex comprises four updated 1-bed, 1-bath units, two at 500 SF and two at 625 SF, all with hardwood floors, separate bedrooms and kitchens, and in-unit washers and dryers. Parking includes four garages and one carport, previously rented separately for extra income, currently vacant with plans for an ADU conversion underway. Ample street parking and a locked gate ensure convenience and security. Drive by to view, please respect tenant privacy. Don't miss out on this opportunity, encompassing APNs 4282-032-027 and 028! ***PLEASE CONTACT US FOR AN OM***

Santa Monica CA Commercial for Sale

5 unit multifamily investment property. The front duplex was built in 1948 and consists of a front 1,000 SFR 2+2 with a 500 SF 1+1 Attic, with fireplaces, and private patios and a Studio with a large deck. The rear units in the second structure consists of (2) 1+1 which are 600 SF, (1) Bachelor, a laundry room and (4) enclosed garages. Each unit has separate entrance, hardwood floors, and is nicely appointed. The Earthquake retrofitting has been completed. There are four garages in the rear, two of which are included in the rents of the property, and two of which are rented at$250/month. This property is completely redone with 100% Copper plumbing, updated electrical panel and beautiful grounds. The units are good sized with hardwood floors and tile sinks and slate floors in the kitchens. The property has 3 electrical meters and 3 gas meters which control the units and main house. Drive by only, do not disturb tenants. *PLEASE CONTACT US FOR AN OM*

Santa Monica CA Residential Income for Sale

4 plex with 3 units occupied and 1 vacant, all 1+1s, with 4 private garages and 1 carport.

Santa Monica CA Residential Income for Sale

The (front) Duplex consists of (2) spacious 2-bed, 2-bath bi-level townhouses (1,600 SF each). Unit 1 lease began 6/23/2024. Leases include (1) carport and (1) garage on the 4 Plex lot. This property can be purchased with the property in the rear at the same addres or alone.

Los Angeles CA Residential Income for Sale

752 N Hudson Ave is a well-maintained 8-unit apartment building constructed in 1989, featuring a desirable mix of (4) one-bedroom/one-bathroom units and (4) two-bedroom/two-bathroom units spread across 7,274 square feet of building area . The property sits on a 6,817 square foot lot in the heart of Hollywood. Secure subterranean parking garage with 14 spaces, Central air conditioning, Private balconies Gated security entrance Individual unit meters for utilities Modern 1989 architectural features. The property offers a significant advantage as it falls under state rent control (AB 1482) rather than LA RSO, allowing for annual rent increases of 5% plus CPI (maximum 8.8% total increase in 2024). Located in the vibrant Hollywood neighborhood Minutes from major entertainment and employment hubs Walkable area with a high Walk Score Close to Vine Street Elementary (0.4 miles) and Bancroft Middle School (0.4 miles)Easy access to Hollywood Boulevard entertainment district Convenient access to the 101 Freeway The property's 1989 construction provides modern amenities while its strategic location and parking configuration make it an excellent candidate for potential condo conversion. The building has been well-maintained and features the LAR3 zoning designation .

Los Angeles CA Residential Income for Sale

REDUCED $200,000! Seller motivated. 758 N Hudson Ave is a well-maintained 12-unit multifamily property located in the heart of Hollywood, CA 90038. This classic building, constructed in 1955, features twelve spacious 1-bedroom, 1-bathroom units, each offering comfortable living spaces and private balconies. The property boasts a secure entrance, convenient tuck-under parking for residents, and a on-site laundry room. Currently operating at a solid 5.77% capitalization rate, this investment offers significant upside potential. While subject to Los Angeles rent control with allowable annual rent increases of 4%, the existing rents are well below market, providing a clear pathway to increased revenue through strategic upgrades and proactive management. Residents enjoy the building's prime location, within walking distance to a variety of shops, restaurants, and entertainment venues. Its proximity to major Hollywood attractions, studios, and employment centers makes it highly desirable for renters. With its classic charm, spacious units, convenient on-site amenities, and prime location, this property offers an exceptional opportunity to own a piece of Hollywood history with strong cash flow and substantial value appreciation potential.

Los Angeles CA Residential Income for Sale

732 N Hudson Ave is a well-maintained 8-unit apartment building constructed in 1990, featuring a desirable mix of (4) one-bedroom/one-bathroom units and (4) two-bedroom/two-bathroom units spread across 7,274 square feet of building area . The property sits on a 6,817 square foot lot in the heart of Hollywood. Secure subterranean parking garage with 14 spaces Central air conditioning, Private balconies, Gated security entrance Individual unit meters for utilities Modern 1990s architectural features, The property offers a significant advantage as it falls under state rent control (AB 1482) rather than LA RSO, allowing for annual rent increases of 5% plus CPI (maximum 8.8% total increase in 2024). Located in the vibrant Hollywood neighborhood, Minutes from major entertainment and employment hubs, Walkable area with a high Walk Score, Close to Vine Street Elementary (0.4 miles) and Bancroft Middle School (0.4 miles)Easy access to Hollywood Boulevard entertainment district, Convenient access to the 101 Freeway. The property's 1990 construction provides modern amenities while its strategic location and parking configuration make it an excellent candidate for potential condo conversion. The building has been well-maintained and features the LAR3 zoning designation . This building has a sister building at 752 N Hudson, also available.

Los Angeles CA Residential Income for Sale

REDUCED AGAIN!!! Seller very motivated to make a deal. 448 N Hayworth Ave is a Spanish-style 4-plex built in 1926, containing 4,641 square feet on a 7,501 square foot lot . The property features (4) 1,100 SF units with 2 bedrooms and 1 bathrooms each. Some of the units come with updated amenities. Each unit has washer/dryer hookups .The property includes garage parking for each unit and features a private large back yard with trees and lawn . For developers, there could be 2 ADUs built in the courtyard. The building is well-located, walking distance to The Grove and many stores. 100% fully occupied means no showings of units. DRIVE BY ONLY. DO NOT DISTURB TENANTS. The building is fully occupied with happy tenants. The new owner may (aver the close of escrow) apply with the City of LA to evict a tenant. In Los Angeles, the Rent Stabilization Ordinance (RSO) allows landlords to evict tenants to occupy a rental unit as their primary residence. We cooperate 50/50 with outside agents.

Venice CA Land for Sale

$3,500,000 price reduction. Presenting a landmark acquisition opportunity in Venice with two adjacent parcels totaling 40,456 square feet - one of the largest available residential assemblages west of Lincoln Boulevard. The property spans seven lots across both sides of Westminster Avenue: 1) 685 Westminster: 29,170 SF parcel featuring a 12,313 SF church building with parking. 2) 688 Westminster: 11,286 SF parking lot parcel * Both parcels zoned RD1.5-1 *Must be sold together. Location Highlights: This Prime Venice location, with walking distance to the iconic Abbot Kinney Boulevard presents an ultra rare opportunity. Development Potential: The property offers multiple possibilities for visionary buyers, from ground-up residential development to creative adaptive reuse of the existing church structure. This rare offering combines scale, location, and flexibility - essential elements for developers or owner-users seeking a transformative Venice project.

Los Angeles CA Residential Income for Sale

Vidor Place Apartments. Built in 1990 and not subject to rent control, the building has all the necessary accouterments of a luxury condo building, including gated subterranean parking with storage, an elevator, a security system, a common area garden and roof deck offering views of the Century City Skyline. The individual units are extra large and feature in-unit laundry, separate dining areas, balconies, and fireplaces. Some units also have wet bars, larger private balconies, skylights, and additional amenities. The building offers tremendous upside potential for a new Buyer to bring the Property up to super luxurious units and raise rents immediately. Furthermore, this asset has the final tract map already recorded with the City of Los Angeles for an eventual exit as condominiums.

North Hollywood CA Residential Income for Sale

BACK ON THE MARKET. Property is 8 units; 4 units built in 1954, 4 units built in 1987. 100% Rent Controlled. Property has many improvements, including new electrical, new windows and doors and new heat/AC units installed on the roof (providing central A/C and heat for all units). Building is individually metered for gas and electric. Laundry on site. Tuck under parking for 9 cars. DRIVE BY ONLY, do not disturb tenants. $7000 Electric expense includes Gas & DWP.

Venice CA for Rent

FURNISHED or UNFURNISHED. Venice Beach House, Steps to the Sand, tons of Sunlight and Ocean Breezes. 2 Beds, 2 Full Baths, Renovated Kitchen, Hardwood Floors, and Vaulted Ceilings. Large Front Outdoor Space with Wood Privacy Fence, Patio Furniture. Bosch and Sub-Zero Appliances, Air Conditioning, and 55-inch TV. Laundry Room with Washer and Dryer, 2-Car Garage Parking (Tandem). Short walk to Main Street, Farmers Market, and Famous Abbot Kinney Blvd. Easy access for public transit and freeways

Los Angeles CA Residential Income for Sale

The elegant and spacious 48-Unit apartment building of 520 S Mariposa Avenue has been well-maintained, owned and operated by the same owner for the last 24 years. This property offers sustainable investment grade upside with great asset security for any investor looking to own in the dense rental market of Koreatown. The property itself sits in a Qualified Opportunity Zone. Allowing for an investor with holding plans to take advantage of the tax break implications. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the heart of Koreatown. With a Market Cap Rate of 6.82% and a Market GRM of 9.92, this investment opportunity is a great way to achieve healthy current cash flow and the opportunity to achieve over 30% rental upside.

Santa Monica CA Residential Income for Sale

PRICE REDUCED! Rare opportunity to purchase a true pride of ownership 7 unit trophy property located between Idaho Ave and Montana Ave in the heart of Santa Monica. New roof in June 2018! Copper plumbing. Much larger than similar buildings with 9,318 sf of living area on an 8,000 sf lot with an alley. All seven units are big 2 bedrooms + 2 baths with large kitchens with breakfast bar, dining room, large living room, and a true master bedroom with en suite bath. Each unit has a large, private covered patio or balcony that is large enough to have a big table and chairs. Average unit size is approx. 1,330 sf. Excellent parking with 7 individual spaces and 9 if used as tandem. Most units remodeled with granite counters, dishwashers, and S/S appliances. The building is in excellent overall condition. Over 35% upside rent potential. Property is subject to City of Santa Monica rent control.

Los Angeles CA Land for Sale

Presented for sale is a 4-Parcel Assemblage in prime Koreatown. With a combined lot size of 27,000 SF and R4-2 (Tier 3 TOC) zoning, this site perfectly lends itself to be a prime development opportunity. The buildings on the lot, which currently hold nine units, have already been Ellis'd and will be delivered vacant! Developers can build 67± units by right and 116± units using a TOC density bonus. The project site is situated just three blocks from the legendary Park's BBQ, positioned in the heart of Los Angeles' Koreatown District. Around the corner from the Metro Station at Wilshire and Vermont, this location provides residents with direct access to an abundance of public transit options, nightlife, restaurants, coffee shops and much more in this burgeoning K-Town pocket.

Los Angeles CA Residential Income for Sale

Reduced Again. Seller now will consider all offers. The Property for sale, 725 N. Sweetzer, is a 21 unit apartment building in Los Angeles near the West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (15) two bedroom 2 bath units and (5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entryway, central courtyard, and 21 tuckunder parking spaces offer security and privacy to an affluent renter demographic. Select units have been tastefullyremodeled with new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing & electrical fixtures, new appliances, etc. The property size offers immediate scale and a strong foothold in one of Los Angeles most desirable submarkets.

Los Angeles CA Land for Sale

Moses Commercial, Inc. is pleased to present an exceptional commercial land development opportunity: an 84-unit Vested ED1 100% Affordable Housing project located at 5655 - 5657 Lexington Ave in the rapidly evolving Hollywood Studio District. Designed in collaboration with one of Los Angeles' premier architectural firms, this project maximizes zoning incentives, allowing for increased unit density, reduced parking requirements, and minimized setbacks. The 15,000+ square foot site will feature a four-story residential building over on-grade parking, with a well-balanced unit mix: 12 Studios, 64 One-Bedroom Units, 8 Two-Bedroom Units & 20 On-Site Parking Spaces. Boasting a Walk Score of 88, the property is ideally situated in a vibrant, pedestrian-friendly neighborhood, less than a mile from the Metro B Line station. Additionally, investors have the option to redevelop the site as a market-rate project, a strategy being pursued by many in the area. For more details on this rare opportunity, contact Moses Commercial, Inc. today.

Santa Monica CA Residential Income for Sale

Reduced, but Seller needs to exchange. Spanish style 20 unit property in Santa Monica near the 3rd Street Promenade. Offering 500-700 SF 1-bedroom and Junior 1-bedroom (alcove studio) units in an ultra prime location with walkable retail and dining options. The building consists of (16) Junior alcove 1 bedroom 1 bath units, and (4) 1 bedroom 1 bath units. The property boasts strong in place cash flow with rental upside coming from at least 2 ADUs that could be added to the property. The secure entryway, center hallway, offers a character building in a super location to an affluent renter demographic. The building is master-metered for gas and has street parking only. The Property has a basement with Laundry. The basement is big enough to add 2 ADUs, each approximately 300 SF. The property size offers immediate scale and a strong foothold in one of the West Side of Los Angeles most desirable submarkets. There is short term assumable financing available (~$3,965,000 loan amount, fixed at 4.1% until 12/2026) .

Santa Monica CA Residential Income for Sale

Reduced for a quick sale. The only Santa Monica deal with positive leverage (5.86% CAP on current). Exceptional investment opportunity featuring two separate parcels: a duplex and a fourplex, each with its own APN. Property Highlights: Unit Income: Townhouse's are leased until June 2026. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Parking is provided with four garages and one carport on-site. 2 garages and the carport are included in leases. Street parking is ample. ADU Plans are underway to convert the garages into an additional unit.