Matthew Lee

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.

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.

Van Nuys CA Residential Income for Sale

Listing is for 6633 and adjoining 6639 N Sepulveda Blvd. (APN#'s 2234-017-015 & 2234-017-016). Two (2) quadraplex offering (8 units) situated across a large double lot totaling 18,600 SF (potential redevelopment opportunity, Buyer must confirm with City). Both properties must be sold together. Upwards of 45% in upside (stabilized 5.75 CAP & 12.5 X). Subject to City of LA RSO. Not subject to City of LA Soft-Story Retrofit Program. Possibility to finance both properties individually as residential loans (Buyer to confirm with their lender). Little deferred maint. and most major components (roof, electrical, plumbing and foundation) in fair condition. On-site laundry (leased), overhang storage cabinets, eight (8) garaged parking spaces and three (3) uncovered, 2 large enclosed front yards. Owner responsible for water/sewage and tenants responsible for gas, electric and trash. 1BR units approx. 850 SF & 2BR units approx. 950 SF.

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.

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.

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.

South El Monte CA Residential Income for Sale

Unique turnkey South El Monte Trailer Park + Bonus 910 SF Income Producing Retail Shop For Sale. The park is composed of 24 units and a retail shop along Garvey Avenue. The property represents an excellent opportunity for an investor to acquire strong cash flow on desirable land along one of South El Monte's main thoroughfares. The property is offered at a 7.69 CAP rate on current income representing $70.50 per square foot of land. Seller financing options are available and terms will depend largely on the buyer's strength and existing banking relations.

San Pedro CA Residential Income for Sale

Awesome investment opportunity for an investor or owner occupied in walking distance to great parks, restaurants, schools and so much more! In the very nice Holy Trinity neighborhood of San Pedro this is the type of neighborhood people move in and never move out. That means great for a small family to occupy the front 2 bed home and own a turnkey investment property. All units are each in very good condition with tenant pride. This great income property is a triplex with 3 Separate houses and a garage; the front unit has 2 bedrooms & 1 bath, the two rear units each have 1 bedroom & 1 bath, and the extra long driveway with parking area provide plenty of off-street parking! Newer roof, copper plumbing and newer electric make these units a terrific turnkey rental property for investors looking an income property with easy tenants and great rents. Don't miss this opportunity, it won't last long! VERY IMPORTANT: Property sold with tenants in place.

Culver City CA for Rent

Beautiful 2BR/2BA condo unit in the popular Lakeside Village Complex in Culver City, CA. Unit was recently updated with new carpet, new paint and stainless steel appliances. The rooms are spacious and the living room comes with a fireplace. Association amenities include a clubhouse, gym, 3 pools, outdoor BBQ's, picnic areas and a security gate entrance.

Los Angeles CA Residential Income for Sale

We are pleased to present for sale 4817 & 4823-25 W Slauson Ave. in View Park-Windsor Hills of Los Angeles, CA. The offering consists of 2 apartment buildings (2 APN's) totaling 28 units on a massive 41,075 SF lot (0.94 acres of land) in unincorporated LAC, adjacent to Ladera Heights. The property has benefited from a local group of conscientious operators and is professionally managed by Lilly Property Management Co. The mix of 1BR/1BA (20) and 2BR/1BA (8) units range from 900 to 1,100 SF. The 1BR's, which account for 70% of all units, can provide a strong hedge against rental stagnation due to the property being subject to LAC RSO. With approximately 30% rental upside, new ownership is afforded a path towards a considerable proforma 7.50 CAP / 9.15 X, metrics that can further improve from significant ADU build-out potential in the rear carport section of 4823-25 (Buyer to verify). All units have their own electrical and gas meters. There is an additional in-house electric meter and a water heater for the on-site laundry room. In 2018, EQ soft-story retrofit was voluntarily completed for 4817. The carport roofs for 4823-25 were replaced in 2022. $75,000 of SB721 work was completed and permitted this month. Building amenities include an on-site laundry room, washer/dryer hookups, individual water heaters, wall and floor gas heaters, 22 parking stalls, 18 garaged spaces and a charming courtyard. Tenants will have access to the nearby Westfield Culver City shopping mall, Howard Hughes entertainment center (HHLA), SoFi Stadium, YouTube Theatre, Intuit Dome, KIA Forum, Hollywood Park Casino and E & K Metro Line stations. With all of these highlights and more, the offering truly presents an ideal opportunity of operational stability with consistent cash-flow and predictable long-term appreciation in one of the most attractive submarkets in Los Angeles County. For investors looking for a high-quality 1031 solution or just simply in acquisition mode, the Slauson buildings will make a strong addition to any investor portfolio and a chance to own in the fourth largest economy in the world.