Matthew Lee

Santa Ana CA Residential Income for Sale

Unique turnkey non-rent controlled trailer park in the City of Santa Ana, CA. The park consists of 34 park owned trailer units across 23,849 SF of land. The offering presents an amazing opportunity for an investor to acquire a strong cash-flowing asset with upside potential. In 2017, new gas and water systems were installed. The property is being offered at a 7 CAP on existing income, while representing just under $94,000 per trailer unit.

Los Angeles CA Residential Income for Sale

Prime Palms Investment Opportunity! This 21-unit property is centrally located by the 10 and 405 freeways. The building is 15,477 sq. ft. and was built in 1973. The unit mix consists of four singles, sixteen one bedroom/one bath units, and one two bedroom/one bath. All units are separately metered for utilities. Amenities include on-site laundry, dishwashers, disposals, balconies, yards, and gated entry with parking for 28 cars. This bread-and-butter investment has over 30% upside on rents. Inside units will be shown with accepted offer.

Los Angeles CA Residential Income for Sale

Lilly Enterprises, Inc., as the exclusive listing agency, is pleased to present for sale 817 N Madison Avenue, a 7 unit apartment offering in Los Angeles (East Hollywood), CA. Deferred maintenance and under market rents ( 300% in rental upside), present an investor with the possibility to achieve long term growth through turnover and renovation. The property is subject to The City of LA Rent Stabilization Ordinance (RSO), which supersedes the Assembly Bill 1482 "Tenant Protection Act of 2019." The property is not subject to The City of LA Soft-Story Retrofit Program. Two separate structures reside on a single 7,500 SF lot with a triplex in the front and a quad in the rear. There are 3 undesignated and unassigned parking spaces, which can all be gated from the front entry. A large common area patio resides in the rear, which is currently being used as an outdoor fitness space. Plumbing is a combination of galvanized in the front and copper in the rear. The roof was replaced within the last year. Unit sizes range from 675 SF for the 1BR/1BA's and 775 SF for the 2BR/1BA's. Each unit is serviced by individual wall heaters and water heaters. Landlord is responsible for water, sewer and electric. Tenants are responsible for gas.

El Monte CA Residential Income for Sale

Lilly Enterprises Inc. and Compass Commercial, as the exclusive listing agencies, are pleased to present for sale a turnkey mobile home park in the City of El Monte, CA. The park consists of seventeen (17) 1BR/1BA mobile homes, one (1) 2BR/1BA apartment, two (2) 1BR/1BA apartments and a 2BR/1BA SFR residing across a 21,311 SF lot. The park comes with an on-site laundry facility and nine (9) unassigned parking spaces (which are currently not being charged). The offering presents an excellent opportunity for an investor to acquire a stable cash-flowing asset that has been well-maintained. The property is being offered at a 6.80 CAP and 8.10 X gross on existing income, while representing just $85,240/unit. There is currently one (1) vacancy. The subject property is located just 1 mile S of Longo Toyota, the largest Toyota dealership by sales volume in the United States.

Los Angeles CA Residential Income for Sale

A 10,000 square foot investment opportunity, superior to most investment properties in The Westside and South Bay. Built in 1992, the building is 30 years newer than the typical apartment property in Greater LA. The layout, unit mix and amenities are superior to competing rental product; therefore, the building commands a top-of-the-market rent, always. Not subject to the city of LA "pre-1978 construction" rent control, either! 9 HUGE townhome-style units eight 2 Bed/2.5 Baths and one up-and-down 1 Bed/1 Bath. Controlled-access lobby. On-grade, secured parking structure off the alley with 19 spots. Almost a 4% cap with modest rent increases that are due, frankly. The Seller doesn't raise rents, so, lots of meat on the bone. LAX, SoFi Stadium, The Forum, Howard Hughes Center (Univision and Sony Pictures), DirecTV, Raytheon, Northrop Grumman, LA Times HQ -all just minutes away.

San Pedro CA Residential Income for Sale

Incredible opportunity to be the 2nd owner of this TROPHY property. Original owners acquired the duplex at 758-760 W 25th St. in the 1950s, bought the lot next door and then in 1963 built the additional seven units to create this pride-of-ownership property nine unit complex that sits on an almost 9000 sq ft double-lot in a prime area of San Pedro. Building mix includes three 2 bedroom 2 bath units, five 2 bedroom 1 bath units and one 1 bedroom 1 bath unit. Some of the units offer breathtaking ocean, harbor and Angel's Gate views and all enjoy the cool ocean breezes. Interiors are in good conditon with a few being remodeled and the roof and windows were replaced in 2002. LA city mandated soft story retrofit? No need to worry about that, it was completed in February of last year (at a cost of about $100k). Laundry hook-ups in units A,B,C, 758 & 760, the other units use coin-operated community laundry equipment. There are 4 garage spaces plus 6 carport spaces. The location? Its located literally just minutes away from local beaches, ocean bluffs, the bustling downtown business district and the multi-million dollar "West Harbor" waterfront redevelopment that is already underway and scheduled to be completed within the next few years. Value? This building is priced aggressively at 15.7 X CURRENT rents (not proforma) and a cap of 4.4. There is also tons of upside in the rents with proforma rents coming in at just over $214,000 per year. This is a great opportunity for your investor clients looking to complete a 1031 exchange. You won't find a better investment deal out there. Hurry!!

Los Angeles CA Residential Income for Sale

7 unit value-add apartment complex located in Los Angeles (Glassell Park), CA. The property resides along Eagle Rock Blvd., a few miles southwest of Eagle Rock's Occidental College. Glassell Park is an LA sub-market north of Downtown LA, which is borderedby Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity toHollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. The area itself is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income 130% well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds performing repairs to the exterior. In addition to re-landscaping the front, re-painting the entire building, installing seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020). The majority of the interiors require full renovation. There are 7 parking spaces equally assigned to each unit (at no cost to tenant). There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield. Additionally, market rents are projected at $2,100 for all the 2BR units after full renovation, which equates to 130% in rental upside. The property is subject to The City of LA Rent Stabilization Ordinance (RSO).

Los Angeles CA Residential Income for Sale

We are pleased to present for sale 3189 Cheviot Vista Pl. in Palms Mar Vista of Los Angeles, CA. The offering consists of a 1973 built (LARSO) 21 unit value-add apartment building, not subject to the Measure ULA "Mansion Tax". The property has benefitted from a local family of conscientious operators and their portfolio is professionally managed by Lilly Property Management Co. A brand new $70,000 roof was installed last year. The mix of Studios (4), 1BR/1BA (16) and 2BR/1BA (1) units (ranging from 700 to 800 SF) cater towards a broad rental market. The Studios and 1BR's, which account for 95% of all units, may assist in keeping rents paced with the market during turnover. There is an on-site manager in Unit 104. The building is offered at a reasonable 5.50 CAP / 10.80 X. With approximately 40% rental upside, new ownership may be afforded a path towards a considerable 8.70 CAP / 7.85 X. Tenants will have access to an on-site laundry room, AC wall units, heating units, private patio, and 20 gated parking spaces + 1 uncovered space. Within close proximity is the E Station of the Metro Line in addition to the 10 Freeway National Blvd. off ramp directly next to the property. Also within close proximity is Downtown Culver City, Hayden Tract and Sony Pictures Studios. According to LA County Planning 2023, Palms Mar Vista had a total population of 112,000 people with an average household income of $105,000. 65% of the population were renters. The offering presents an ideal value-add opportunity of operational stability with consistent cash flow and predictable long term appreciation. Furthermore, offering potential ADU avenues for the new owner to explore (buyer to verify). The property will make a strong addition to any investor's portfolio whether they're in acquisition mode or simply looking for an immediate 1031 solution. Property is subject to LARSO. As of May 8, 2025 there are two (2) 1BR/1BA vacancies. No other units will be delivered vacant by Seller upon close of escrow, except those occurring naturally. Property to be sold in as-is condition. Please DO NOT walk the property or disturb the tenants. Text/email LA for OM. Showing upon an accepted offer. Please submit proof of funds and pre-approval with offer.

Gardena CA for Rent

Inglewood CA Residential Income for Sale

BRC Advisors is pleased to offer for sale this turnkey 1960's two story walkup apartment building located at 741 N. Eucalyptus Avenue in Inglewood, CA. The property has an excellent unit mix consisting of 3 two bedroom one bath units and 9 one bedroom one bath units. Built in a classic 1960's style, the building has been well-maintained throughout the years and is a charming addition to this quiet and quaint section of Eucalyptus Ave. The property is separately metered for gas and electricity and has an on-site laundry facility. The property has covered parking in the rear of the building. The parking is accessed from the front of the building off Eucalyptus Ave. through a private driveway.

Inglewood CA Residential Income for Sale

Presenting a 6-unit low-rise apartment building located in the ever-evolving and vibrant Inglewood, California. Sitting on a corner lot, the units consist of four 1 bedroom, 1 bathroom homes and two 2 bedroom, 1 bathroom homes, each with their own 1-car garage. Sitting on La Cienega Blvd. but on an open air dead-end cul-de-sac, the building has tremendous visibility and movement on one street, and little movement on the other street. Three of the homes have been redone and the building has been greatly improved, including new paint. Close to many major shopping streets, a short distance to The Promenade at Howard Hughes Center and the newly redone Westfield at Culver City (née Fox Hills Mall), this apartment building is located in a quickly changing part of Greater Los Angeles, with the coming Crenshaw/LAX Metro Rail Line, the recently redone Forum, the coming Los Angeles Stadium Complex and much more. Significant Upside to 5.39 CAP! No Rent Control.

Reseda CA Residential Income for Sale

The property consists of a long term stable tenancy. Current rents are more than 35% below market. A savvy investor looking to add value will be able to acquire the asset at $187 per square foot, while the most recent comparable multi-family sale on the same street yielded over $255 per square foot, and with a far inferior unit mix. With sound management practices an investor will be able to raise rents over time and achieve excellent results. The property has been well maintained over the years. Tenants enter the building off Etiwanda Ave. through a private security gate into a tranquil and well landscaped courtyard. The property comes with an on-site laundry facility, gorgeous interior courtyard and covered / uncovered parking gated parking in the rear. There is copper plumbing throughout, a new roof and new exterior paint. Several units have also been upgraded with new kitchen cabinets and sinks. The building is separately metered for gas and electricity.

Gardena CA Residential Income for Sale

BRC Advisors is pleased to present for sale this 10 Unit apartment complex built in 1986 in the City of Gardena. The building boasts an outstanding unit mix comprised of four, 3 bedroom 2.5 bath units and six , 2 bedroom 1 bath units. With 11,608 total square feet of living space, this building offers tremendous intrinsic value to an investor looking to add spacious quality units to their portfolio. Rents at the property are significantly below the market and with sound management practices the new buyer will be able to increase gross rents by an average of 16%. The four three bedroom units consist of two-story town-home style units. Each unit has is own enclosed garage with washer dryer hookups. The property is comprised of two separate structures on two parcels which face one another across a central driveway. The property has a brand new roof and recently underwent a complete external renovation.

Los Angeles CA Residential Income for Sale

Built in 2006, this newer building features 12 units with a mix of 1 and 2 bedrooms. All units are 2-story townhouse style. The building features (6) 1 bed + 1.5 bath units + a loft, (4) 2 bed + 2.5 bath, and (2) 2 bed+2.5 bath + a large private deck. Great location with strong rental demand close to Sony Studios, downtown Culver City, and conveniently located between the 10 and 405 freeways. Each unit features hardwood floors, stainless steel appliances and in-unit washer/dryer. Ten of the 12 units also boast private rooftop decks. The loft space in the 1 bedrooms + loft could be used as another bedroom, office, or den area. The gated parking garage has 22 spaces. All units have 2 assigned spaces except for the 2 smallest 1 bedroom units which have 1 space each. No rent control and upside in rents. Drive by only. *Unit #5 is an employee credit of $1750

Los Angeles CA Residential Income for Sale

We are pleased to present for sale 3655 Motor Ave. in Palms Mar Vista of Los Angeles, CA. The offering consists of a 2006 built (defaults to AB-1482) 12 unit apartment building with townhouse-style units. The property has benefitted from a local family of conscientious operators and their portfolio is professionally managed by Lilly Property Management Co. The equal mix of 1BR/1.5BA (6) and 2BR/2.5BA (6) units (ranging from 800 to 900 SF) cater towards a broad rental market. The 1BR's, which account for 50% of all units, may assist in keeping rents paced with the market during turnover. The building is offered at a reasonable 4.90 CAP / 13.40 X with a stabilized 5.20 CAP / 12.90 X. Tenants will have access to in-unit washer/dryers, central HVAC, individual water heaters, private patios, rooftop decks and 22 gated parking spaces. Within close proximity is the E Station of the Metro Line in addition to the 405 and 10 Freeways. Also within close proximity is Downtown Culver City, Hayden Tract and Sony Pictures Studios. According to LA County Planning 2023, Palms Mar Vista had a total population of 112,000 people with an average household income of $105,000. 65% of the population were renters. The offering presents an ideal turn-key opportunity of operational stability with consistent cash flow and predictable long term appreciation. Furthermore, offering potential ADU avenues for the new owner to explore (buyer to verify). The property will make a strong addition to any investor's portfolio whether they're in acquisition mode or simply looking for an immediate and quality 1031 solution. Property is subject to AB-1482. As of May 2025 there are two (2) 1BR/1.5BA vacancies. No other units will be delivered vacant by Seller upon close of escrow, except those occurring naturally. Property to be sold in as-is condition. Please DO NOT walk the property or disturb the tenants. Text/email LA for OM. Showing upon an accepted offer. Please submit proof of funds and pre-approval with offer.

Pasadena CA for Rent

Charming 3BR/3BA two-story condo available for lease in Pasadena. Features spacious living room, gas fire place, french doors, small backyard patio, partial SS appliances, in-unit washer & dryer, central HVAC and private 2 car garage. The master BA has a walk-in closet, jacuzzi tub and private balcony. Fantastic location in Pasadena, within blocks of Whole Foods, Trader Joe's, Arroyo Chop House, Houston's Restaurant and the Del Mar Metro Station. Within 1 mile of Old Town Pasadena, Paseo Colorado, The Shops on Lake Avenue and the California Institute of Technology. No pets will be allowed.