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Encino, 5460 White Oak Avenue

Price: $315,000
Units Total: 1
Lot Size: 406,306
Living Area: 990
Year Built: 1971
Parking: Yes
Days on Market: 10
Description: Solid rental unit! Encino Oaks Condo Building A. Great location. This 2 bedroom 2 bath 990 sq.ft has two master bedrooms each with it’s own bathroom. The property features upgraded hardwood floors throughout, granite countertops in the kitchen, mirror closet doors, central air and heat, open floor plan with a slider out to an exterior balcony. Parking is two tandem spaces. The HOA offers swimming pool, sauna, gym, tennis courts, recreation room and 24 hour secured building. Excellent first time ownership or investor. This unit is tenant occupied under lease at $2250 per month until January 202

Pacoima, 12351 Osborne Street

Price: $379,900
Units Total: 1
Lot Size: 102,031
Living Area: 1,420
Year Built: 1979
Parking: 2
Days on Market: 36
Description: Great opportunity to own this spacious 1,420 sq.ft 3 bedrooms, 2 bathrooms townhouse in gated community in quite Pacoima neighborhood. Main level features open floor plan with large living room, kitchen, dining room, laundry room, one bedroom and half bathroom. Good size kitchen opens into bright and spacious dining room. Large living room has fireplace, wet bar and sliding door into back patio. Two bedrooms and two bathrooms are located on the second floor. Master bedroom has huge walk-in closet and private balcony with nice views. Both bedrooms offer lots of natural light and good amount of storage. Laminate and tile floors, only one common wall with neighbors, detached two car garage with additional storage space. Complex has a large swimming pool and mature trees. The HOA fee is low. Conveniently located by major shopping center with easy access to the freeways (5,210 and 118), public transportation, schools, parks and restaurants.

525 North Sycamore Avenue

Price: $450,000
Units Total: 1
Lot Size: 39,885
Living Area: 645
Year Built: 1972
Parking: 1
Days on Market: 126
Description: PRICE REDUCED / SELLER MOTIVATED! – Enjoy this peacefully located condo while being just steps away from Melrose / La Brea area that has some of LA’s best restaurants, bars, cafes, and shops! This beautifully updated 1 Bedroom condo includes new in-unit washer / dryer, soundproof entrance door and wall facing hallway, new bathroom vanity and mirror, recessed lighting, and refinished bathtub. This well-maintained building offers controlled access, gated parking, heated pool, and sauna. The unit is currently tenant occupied with $2300 monthly rent and subject to rent increase for 4% in December 2020. The tenant is on a two-year lease, which expires in November 2021. Add this stable cash flow condo to your investment portfolio! Contact the listing agent for a video of unit interior!

1001 South Mountvale Court

Price: $2,250,000
Units Total: 2
Lot Size: 187,308
Living Area: 5,492
Year Built: 1990
Parking: 6
Days on Market: 83
Description: One of the premier parcels in Orange County and one of the most unique in Anaheim Hills. 4 contiguous parcels are available together, for the first time ever. 2 single family homes (1001 Mountvale and 1005 Mountvale), gated private driveway, 4.3 acres total with unobstructed views all the way to the ocean and downtown LA. This is a very unique opportunity for one family to live together in separate homes, build a custom home and the investment opportunities are endless. Lots feature extra room for a pool, guest house or detached garage. Each home has 4 bedrooms, 3 baths and 3 car garage.

Glendale, 211 East California Avenue

Price: $375,000
Units Total: 1
Lot Size: 25,790
Living Area: 617
Year Built: 1959
Parking: No
Days on Market: 69
Description: Real estate investments are generally enhanced with a secure income stream. This condo comes with a tenant in place who is backed by the U. S. Department of Housing and Urban Development and Glendale’s Section 8 Housing Assistance Program. Location, location, location. It’s a mainstay. Here we are very close to the popular Brand Blvd with all its restaurants and shopping.

North Hills, 8414 Columbus Avenue

Price: $1,625,000
Units Total: 5
Lot Size: 52,996
Living Area: 4,675
Year Built: 1978
Parking: 5
Days on Market: 173
Description: Fantastic Opportunity available in the up and coming area of North Hills, CA 5 individual condos in a 21 unit complex available as a packaged sale. Townhouse styled units consist of 2 upstairs bedrooms with a full bath, and a half bath, kitchen and living room downstairs. Being condos, these units are not subject to traditional Los Angeles rent control. (Buyer to Verify) Gross income of $118,200 per year, which results in a 5% cap rate on day 1 plus multiple sources of upside, including raising rents, vacating tenants and selling units to owner-users individually, vacate and remodel units and re-rent units at higher amounts, or taking an active approach with the building HOA and improving maintenance of common areas (buyer will be largest owner in the 21 unit complex). With tremendous upside as gentrification sprawls through the area, this investment offers several sources of upside for the seasoned investor as well as substantial current cash flow for the passive investor.

Pomona, 235 East Franklin Avenue

Price: $598,000
Units Total: 1
Lot Size: 18,116
Living Area: 1,350
Year Built: 1957
Parking: 2
Days on Market: 39
Description: Amazing opportunity for the savvy investor! This is the one you don’t want to wait and miss out on! At this time there is a house on the property, however, owner has met with the city and has drawings for building 7 units. Please check with the city to discover the possibilities you may have for the use of this land. Close to everything – Downtown Pomona, Western University of Health Sciences, Fox Theater, Washington Park, Metro Train Station, University of La Verne, Mt. Sac, Cal Poly Pomona, Western University of Health Services, Claremont University, many shopping facilities, 71,60,10 and 210 freeways – you can’t lose with this one. Interested parties are encouraged to contact the city for zoning and potential uses for property. Also listed in Land – MLS #CV20107473

Whittier, 12002 Colima Road

Price: $965,500
Units Total: 2
Lot Size: 27,608
Living Area: 5,219
Year Built: 1937
Parking: 0
Days on Market: 177
Description: Builders dream. Huge oversize lot — can build up to 6 units (Buyer to verify). Call Broker to view -DRIVE BY ONLY / DO NOT WALK ONTO LOT ATTENDED! Existing structure gutted and ready for rehab. Extra large 27,000 + sq. Foot lot located in a nice quiet family oriented neighborhood. 3 bed House has attached 1bed ADU — entire structure is gutted and ready for rehab. 1 bed ADU built above house could be mother in law quarters, or? 3 unit structure has been removed due to fire. Elevated lot could have city light and sunset views. Bring your hammer and imagination to make this huge private lot into a nice family home, multi-units or split lot to build 2-3 SFR’s. Room for pool and large garage. Broker / Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and / or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

1137 Galemont Avenue

Price: $1,100,000
Units Total: 2
Lot Size: 29,571
Living Area: 2,076
Year Built: 1953
Parking: 0
Days on Market: 327
Description: *** This is a GREAT RARE OPPORTUNITY for Investors, a large family or two families. *** Huge Flat Usable L-shape Lot in great area of Hacienda Heights, almost 30,000 sq.ft. Wide 136 FT frontage. Unique Spanish style single level property with separate guest house. Large red barn style utility shed with dual access garage doors. Three spacious bedrooms. 2 of Bedrooms have cozy fireplaces and ceiling fans and the other one has walk-in closet. One full bath, huge living room with vaulted wood beamed ceilings and brick fireplace, large kitchen opens to dining room and formal living room. Indoor laundry room. Separate Guest House is just being updated recently. Easy to access Freeway 60 and 605.

West Covina, 2225 West Merced Avenue

Price: $750,000
Units Total: 2
Lot Size: 19,966
Living Area: 1,714
Year Built: 1939
Parking: 6
Days on Market: 127
Description: TWO ON A LOT! INCOME PRODUCING PROPERTY! Amazing, huge property located in highly desirable city of West Covina. Completely remodeled kitchen and bathrooms, new windows and new flooring throughout both homes. Front house features 3 bedrooms and 2 full baths. Beautiful Fireplace in living room. Upgraded electrical. Guest house permitted and features one studio style / bedroom approximately 450 sq.ft with separate kitchen and bath, new roof and laminate flooring. Total living space over 1700 sq. Ft, on a lot just under 20,000 sq.ft! New chain link fencing installed around perimeter of property for added security and privacy. Plenty of room for parking cars, RV’s and toys! Large back yard. Future expansion of both units possible for increased value and rental income!

Palmdale, 38854 9th Street

Price: $259,900
Units Total: 2
Lot Size: 6,724
Living Area: 1,446
Year Built: 1953
Parking: 4
Days on Market: 56
Description: Great Cash Flowing Duplex in Palmdale. 2 Units (1 Bed / 1 Bath each). Large units with tons of closet space, private yards and carport parking. Both units are currently occupied by long term tenants. This property was remodeled several years ago with a new roof, new kitchens, new baths, flooring, paint, plumbing repipe, electrical wiring / panels, ceiling insulation, dual pane vinyl windows, and more! Both units have central AC and heating. Please DO NOT DISTURB TENANTS, DO NOT WALK ON PROPERTY and SHOWN WITH ACCEPTED OFFER ONLY.

Los Angeles, 542 North ORANGE Drive

Price: $2,375,000
Units Total: 3
Lot Size: 60,000
Living Area: 3,815
Year Built: 1931
Parking: 2
Days on Market: 43
Description: Conveniently situated in the center of Los Angeles. In a quiet tree-lined street in the historic neighborhood of Hancock Park. It is well recognized as one of L. A. Magnificent assets as a neighborhood. Hancock Park is the home to many regions most expensive homes and a roster of high-profile residents. It is a Triplex, one of the units has been divided in two and has additional unpermitted unit. Most units include fireplaces, hardwood floors, it is a classic Los Angeles charm, with many windows and beautiful iron work inside and out and private patios which provide the feel of separate individual homes. Beautiful Spanish modern classic Gem, newly painted and many updates to list, a must see. Triplex situated on a 6,000 sq.ft parcel of land ZONED RD1.5 in Hancock Park. It counts with unique architectural features. At the close of escrow all units will be delivered vacant. Just minutes to the future Purple line metro scheduled for 2023, Beverly Center, 3rd. Street, La Cienega Park, BH Tennis Center, The Grove, Century City 10 Fwy, Cedar Sinai and much more.

Pomona, 1367 South Towne Avenue

Price: $2,980,000
Units Total: 3
Lot Size: 73,801
Living Area: 3,823
Year Built: 1951
Parking: 6
Days on Market: 482
Description: Rare to find great investment opportunity, price including 1347,1353,1367 S. Towne Ave., Pomona. Three single family houses at total of 73801 sq. Ft. Lots (APN #8333-024-002,003,004) in which 1347 A. Towne Ave with 2 bedrooms, one bath; 1353 S. Towne Ave. With 3 bedrooms, 2 baths; 1367 S Towne Ave. With 2 bedrooms, one bath, all with large lot, nice location, close to park and school, seller is applying the Tentative Map for 24 units townhouse lots, Enjoy the total monthly income of approximately of $5,100 while you are waiting for the development and permit. Please verify with city for the zoning and usage. All three units are single family house, tenant pay utility, operation income and expense is pro forma.

El Monte, 4242 Penn Mar Avenue

Price: $740,000
Units Total: 2
Lot Size: 18,092
Living Area: 1,201
Year Built: 1940
Parking: 2
Days on Market: 4
Description: Fantastic Opportunity for Investors and Developers to Aquire 2 Detached Homes in El Monte on a Huge Lot That’s over 18,000 sq.ft! Property currently has a front 2 Bed / 1 Bath home and a detached 1 Bed / 1 Bath home in the back with excellent tenants, Plenty of parking. The entire huge lot is flat and usable, Located in one of the best areas of El Monte this property has excellent development potential! Come and grab this rare opportunity before it’s sold! **PLEASE DO NOT DISTURB THE OCCUPANTS** DRIVE-BY-ONLY**

Los Angeles, 5269 Huntington Drive

Price: $499,000
Units Total: 2
Lot Size: 12,196
Living Area: 0
Year Built: 1923
Parking: 1
Days on Market: 116
Description: Located within minutes of DTLA and adjacent to South Pasadena. This Great 2 unit property is perfect for owner user or in investor for rental. Property sits privately behind 5271 Huntington Dr N. 2 Separate and individual units. Front Unit offers a 1bd / 1ba. Rear unit offers 2bd / 1ba with a bonus room. Each with plenty of yard and parking area. Lot and location offer nice city views from the rear yard and lots of privacy.

Lancaster, 44606 Date Avenue

Price: $330,000
Units Total: 2
Lot Size: 7,807
Living Area: 2
Year Built: 1928
Parking: 3
Days on Market: 64
Description: Rare opportunity to own a Duplex with a high CAP rate. Units are updated and 100% occupied. Front unit is 3 beds 1 bath and the back unit is 2 beds 1 bath. Close proximity to schools, shopping, restaurants and freeways. This is a great value add opportunity, do not miss it!

San Dimas, 914 West Gladstone Street

Price: $725,000
Units Total: 2
Lot Size: 16,954
Living Area: 1,500
Year Built: 1930
Parking: 0
Days on Market: 71
Description: Two buildings totaling approximately 1,500 sq.ft including a 900 square foot house and a 600 square foot detached guest house on approximately 17,000 sq.ft of commercially-zoned land. Zoned City of San Dimas Specific Plan Number 24. The property is near a large retail center including Costco, Olive Garden, Krispy Kreme Doughnuts, The Habit Burger Grill, Panda Express and more. Reference also Commercial Sale Listing #320001618. Please see attached marketing brochure for more information.

Altadena, 3181 Lincoln Avenue

Price: $1,250,000
Units Total: 3
Lot Size: 29,131
Living Area: 1,728
Year Built: 1923
Parking: 6
Days on Market: 34
Description: Discover this treasure of big land over 29,131 Sq. Ft. On horse property lot! One of the very few lots left in Altadena. Just south of the stunning gated La Vina homes. This triplex has been updated and remodeled with great curb appeal. 2 units features 2 bedroom and 1 bath updated 1 unit features 1 bedroom 1 bath. If you are looking for a turn key investment property look no further!

Bellflower, 16651 CALIFORNIA Avenue

Price: $1,800,000
Units Total: 5
Lot Size: 40,827
Living Area: 0
Year Built: 1939
Parking: 7
Days on Market: 116
Description: Fantastic investment opportunity! Rare find with a massive 40,827 sq / ft lot with 5 detached individual homes and huge yards that can generate market rent! This is the largest single lot currently on the market in the surrounding area and is zoned Agricultural Residential. Uses of the land can include nurseries, orchards, tree farms, and equestrian facilities. Each unit is set up with interior laundry hookups and private yard. Tenants pay for gas and electricity. Property has been meticulously maintained with pride of ownership and 3 of the units (16651,16653, and 16653½) are nicely renovated throughout including kitchen and bathroom. Plenty of onsite parking and wide open space in the backyard with major development opportunities. Owner’s unit #16659 and #16655 will be delivered vacant at COE.

Long Beach, 144 East 49th Street

Price: $480,000
Units Total: 2
Lot Size: 10,346
Living Area: 800
Year Built: 1952
Parking: 2
Days on Market: 62
Description: Duplex fresh exterior paint and new windows. Major Fixer interior of both units. Property has tremendous upside. Zoned LBR3T Cozy covered patio rear unit, Massive lot to build another duplex, guest home or in-law quarters . The surrounding area consist primarily of average single family residences and 2-4 units Easy accès to freeways, shopping, schools and food facilities. Each unit requires new flooring, doors, appliances. Each bath needs to be fully remodeled. Property being shown today between 10: 00 a. M. and 11: 30 a. M. Property will not be shown after today at 11: 30. Seller isn’t available. Contractors, maintenance handy this is the property for you

Lancaster, 1634 Pine Court

Price: $729,000
Units Total: 4
Lot Size: 15,679
Living Area: 4,035
Year Built: 1990
Parking: 8
Days on Market: 4
Description: Wonderful town home style four unit investment property located at the end of a nice cul-de-sac that tenants love. This was constructed in 1990, and features two 3 bedroom, 2.5 baths and two 2 bedrooms and 1.5 baths. Each unit has a direct access 2 car garage.

El Monte, 12055 Conference Street

Price: $699,000
Units Total: 2
Lot Size: 15,015
Living Area: 2,078
Year Built: 1952
Parking: Yes
Days on Market: 69
Description: TWO HOMES WITH HORSE STABLES ALL UNDER $700,000? YES, OWNER IS READY TO SELL! Come and see this amazing investment property! Live in one and rent out the other! There are 2 single family residences on one HUGE lot which includes 9 horse stables for extra income! These homes are located in an excellent neighborhood and offer endless opportunities. There is a local Horse trail nearby. Currently, the units are tenant occupied. We have the City of El Monte Property Investigational Report. Centrally located in North El Monte. Easy access to Major Freeways, schools, and shopping. DRIVE BY ONLY – Tenant occupied. Sold As Is, no warranties, no termite to be provided by Sellers.

Whittier, 11501 Fidel Avenue

Price: $925,000
Units Total: 3
Lot Size: 19,408
Living Area: 3,278
Year Built: 1961
Parking: 10
Days on Market: 141
Description: BACK ON THE MARKET. CASH BUYER FAILED TO PERFORM. Three homes on one lot. All units currently occupied by long term tenants.

712 East Rosecrans Avenue

Price: $1,500,000
Units Total: 8
Lot Size: 30,945
Living Area: 10,840
Year Built: 1964
Parking: 16
Days on Market: 152
Description: We are pleased to present this incredibly rare opportunity to purchase a portfolio of homes located at 712 and 718 E Rosecrans in Central Los Angeles, CA 90059. This unique value-add 8-unit portfolio provides almost any investor an opportunity to create endless value at an incredibly reasonable price of $1,500,000. Either buy, rehab, and hold for major rental upside, add on to existing structures, or develop into a multitude of options. The possibilities are endless! The featured properties are situated on two contiguous lots with more than 15k sf and 4 units each. This allows prospective buyers to qualify for both residential and commercial lending. There are currently 8 existing 3-bedroom detached homes totaling over 10k sf of livable space with ample parking, courtyard, and private yard and patio areas. Both lots are zoned LCR3 and can easily be combined or subdivided depending on owner’s needs. This opportunity boasts a pro forma cap rate over 11%, and an opportunity to develop 30 units at 50k / door. A developer dream; the property is priced at $138 / foot and 187k / door. Call now as this opportunity will not last long.
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