Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Price: $27,930,000
Units Total: 135
Lot Size: 220,000
Living Area: 0
Year Built: 2003
Parking: 200
Days on Market: 1628
Description: One of a kind 5 star hotel in the unspoiled island of Thassos, near famous Ancient ruins and 2 traditional preserved mountain villages, from the pirate times. Favorite destination of honeymooners, famous for its beach weddings amidst the high palm trees. Exclusive 300 meters wide golden beach with turquoise waters of unparalleled beauty and purple sunsets, possibly the best in the whole of Greece. Natural beauty and true luxury combination at its best137 exquisite rooms and suites, -300 beds- conference room for up to 300 people, tennis court, 3 restaurants including a seaside one, and 4 bars. One of a kind wrap around pool, especially designed to be safe for children, and the incredible luxury suites, provide for a memorable family vacation. Please visit the website for breathtaking pictures and full description of the property. Agents please read Private Remarks

Santa Monica, 901 3rd Street

Price: $25,000,000
Units Total: 32
Lot Size: 15,021
Living Area: 38,918
Year Built: 1973
Parking: Yes
Days on Market: 25

San Luis Obispo, 60 Casa Street

Price: $21,000,000
Units Total: 32
Lot Size: 61,420
Living Area: 23,370
Year Built: 1984
Parking: 60
Days on Market: 7
Description: Student housing complex very close to Cal Poly, SLO. 32 units in 7 buildings. Townhome style units are 2 bedroom 2.5 bathrooms. One unit is a 3 bedroom. All units remodeled with granite counter tops and hardwood floors. There are approximately 60 total parking spaces, 6 of which are covered. There is a common area located at the interior side of the buildings with BBQ pits and a picnic area. There is an onsite laundry room. This student housing complex is just. 25 miles from Cal Poly and 8 miles from Cuesta College. Sierra Vista Medical Center is on the same block. All units are rented unfurnished and on 1 year leases.

Los Angeles, 957 South Broadway

Price: $18,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 287
Description: The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in the hip Historic Core, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. Ft. Lot is fully entitled for the construction of a 166 ft., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces – 50 sq. Ft. Balconies on most units in the complex – 4,920 sq. Ft. Of street level retail space – Neighborhood destinations are: The Ace Hotel @ 929 S. Broadway United Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. Broadway Zinque Restaurant @ 939 S. Broadway (opening early 2018) Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square and the LA Fashion District all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units 2 bedroom: 44 units Planning Data: APN: 5139003007,5139003008,5139003009 Zoning: [Q] C2-4D-CDO Interest Offered: Fee Simple Floor Area Ratio: 8.9: 1 (184,705 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (268,619 sq. Ft.)

116 Paseo de la Concha

Price: $13,900,000
Units Total: 20
Lot Size: 17,746
Living Area: 16,340
Year Built: 1960
Parking: 20
Days on Market: 38
Description: 20 UNIT APARTMENT BUILDING AT THE BEACH! This highly sought after 16,340 sq. Ft. Hollywood Riviera apartment building is located between Paseo de la Playa and Calle Miramar at Torrance Beach. Comprised of 12 one bedroom / one bath units and 8 two bedroom / one bath units. VIEWS: 4 units have views; 2 units have balcony views; 2 units have partial balcony views. Most units (60-65%) have been upgraded: some kitchens have travertine stone, granite counters, upgraded cabinets and microwave hoods above stove; some bathrooms have upgraded countertops. Cool roof installed in 2013. Pool and laundry on premises. Separate electric meters. Twenty assigned parking spaces: 19 tuck-under subterranean spaces and 1 enclosed garage space. Landlord pays water, gas and Time Warner Cable TV. Tenant pays electric, internet and phone.

Los Angeles, 2656 ELLENDALE Place

Price: $13,000,000
Units Total: 24
Lot Size: 20,700
Living Area: 20,804
Year Built: 1963
Parking: 0
Days on Market: 39
Description: This listing includes two 12 unit buildings located at 2652 and 2656 Ellendale Place. The buildings are located in the University Park Area of USC, the most sought after student housing area at the school, and within walking distance to the campus, local shops and restaurants. The property amenities include: BBQ / Picnic area, bicycle racks, on-site laundry, gated parking for 38 cars and controlled security access. The unit amenities include: air-conditioning, dishwashers, microwaves, garbage disposals, refrigerators, 2 mini-refrigerators, quartz countertops, pedestal sinks in bathrooms, flat screen televisions, internet / basic cable, ceiling fans and hardwood-style flooring.

1520 North El Camino Real

Price: $12,950,000
Units Total: 22
Lot Size: 20,489
Living Area: 28,311
Year Built: 2010
Parking: 58
Days on Market: 14
Description: Venetian Villas – Located in a premier beach city in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in North Beach San Clemente. Built in 2010, this Ole Hanson / Spanish design inspired building, features sixteen (16) spacious 2 bedroom 2 ½ bathroom villas and six (6) ground floor commercial suites. Each residential villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms, in-unit laundry, private patios with mountain, city and ocean views. Relax and enjoy the rooftop lounge / observation deck with panoramic Pacific Ocean and Sunsets views. Elevator service whisks you to / from secured / gated parking structure to each / all floors. A short stroll to the beach, walking trails, dining, Metro Transit Station and ample shopping at the recently completed Outlets, the high Walk Score location (73) presents a uniquely rare opportunity to own a high-quality asset, capitalize on below market rents / built-in intrinsic value, and benefit from the high demand for Orange County Lifestyle Living on the coast.

6028 South Pacific Coast

Price: $12,250,000
Units Total: 18
Lot Size: 15,228
Living Area: 18,132
Year Built: 1964
Parking: 18
Days on Market: 3
Description: Newly remodeled 18 apartment units (two separate 9 unit buildings 6028 and 6034 PCH) located within walking distance to the restaurants of the Hollywood Riviera and the beach. The building also has direct access to El Retiro Park with tennis courts, jungle gym, basketball court and library. These apartments have a great unit mix of 12 – 2 BED 2 BATH units and 6 – 3 BED 2 BATH units that have all been remodeled! The apartment comes with brand new stainless-steel appliances including: FRIDGE, OVEN / RANGE, MICROWAVE AND DISHWASHER. Each unit also includes a BRAND NEW WASHER AND DRYER! There is one garage parking spot per unit with brand new automatic garage doors. There are also 12 good sized private storage rooms. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, SIDING, ROOF, COPPER PLUMBING, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS and WINDOWS (some newer than others), GARAGE DOORS, BUILT IN BBQ AND PICNIC TABLE AND NEW LANDSCAPING! Offered at a 3.83% CAP AND 17.67 GRM!

Los Angeles, 4353 West 5TH Street

Price: $12,000,000
Units Total: 24
Lot Size: 13,374
Living Area: 25,435
Year Built: 1929
Parking: Yes
Days on Market: 5
Description: Chateau Laurier is a grand 4 story French Normandy building steeped in Hollywood lore. Designed by famed Hollywood architect Leland A. Bryant. Who designed the Sunset Tower Hotel and many other iconic LA buildings. Typical apartments have 9′ ceilings, arched doorways, crown moldings, hardwood floors, large fireplace mantels. The penthouse apartments have 18ft – 25ft cathedral ceilings and carved turret rooms. Chateau Laurier is a limited access building, with subterranean parking. Two beautiful original wood panel elevators with original oil paintings have been restored. Tenants enjoy the gorgeous views and close proximity to Hollywood, Koreatown and Downtown LA. Situated next to Hancock Park and less than 5 blocks from Wilshire / Western Metro Station. PURCHASE PRICE INCLUDES 453 S. Wilton (“The Durbin”).

Laguna Beach, 31954 Coast Highway

Price: $12,000,000
Units Total: 4
Lot Size: 3,920
Living Area: 1,500
Year Built: 1980
Parking: Yes
Days on Market: 64
Description: Breathtaking 180 degrees of Ocean and mountains views! Must have location! With newer homes and lovely bungalow homes at the prime location of PCH and 8th street. Near the Montage Resort, hospital, supermarket, many stores, and private beach! High income for all four properties. Sale includes 31959,31957 Virginia Way. “2 of newer” home is 2229 sq.ft, other two bungalow is about 1500 sq.ft. And 1200 sq.ft.

Los Angeles, 11400 CULVER

Price: $11,500,000
Units Total: 21
Lot Size: 12,018
Living Area: 27,417
Year Built: 2018
Parking: Yes
Days on Market: 70
Description: 21 Unit NON-RENT CONTROLLED. Completed in 2018.18 out of 21 unit are leased up. Contact listing agent for excel break down of actual and projected rents. Property is approximately 16,000 sq. Ft. Gross, plus a 10,000 sq. Ft. Two level garage. *Property will be sold with deed restriction preventing it from being converted to condos for 10 years from date of CofO.

Newport Beach, 900 East Oceanfront

Price: $11,000,000
Units Total: 6
Lot Size: 6,534
Living Area: 5,850
Year Built: 1971
Parking: 6
Days on Market: 15
Description: 6 Oceanfront 2 bedroom 2 bath apartments. Recently remodeled and furnished. Parking 1 space per unit. 70′ wide lot. Rented weekly, monthly or yearly by White Sail Realty management company. Must be purchased with 916 E Oceanfront and 919 E Balboa which are contiguous lots with mutual easement. Each lot has two 3 bedroom 2 bath units with parking. See NP18048168.

Newport Beach, 224 20th Street

Price: $10,995,000
Units Total: 3
Lot Size: 5,227
Living Area: 5,700
Year Built: 1964
Parking: 7
Days on Market: 23
Description: This extremely rare Balboa Peninsula Bayfront triplex has one of the most spectacular Newport Harbor, Fashion Island, Saddleback mountain, and city lights views in Newport Beach. With over 5,700 sq.ft of living space, this property has three full levels of living that is highlighted by the handsome 3,000 square foot owner’s unit; it features panoramic vistas, a living room with a dual sided fireplace, dining area, family room, a generous-sized kitchen with maple cabinetry, stainless steel appliances and granite countertops; a luxurious master suite with a fireplace, his and hers baths, two additional bedrooms with ensuite baths, a powder bath, laundry room, an office work area and a unbelievable rooftop deck with “jaw dropping” views and a jacuzzi. The two lower level units each have three bedrooms, two baths, fireplaces, great rooms with galley kitchens, a shared laundry facility, and big harbor vistas. The property features 48’of bayfront, a private pier and slips for two boats including a 70’; a 3-car tandem garage for the owner’s unit and two 2-car tandem garages each designated to the lower units. Located on a quiet street within easy walking distance of all of the fun of Newport Beach including the Newport Pier with its world-famous boardwalk, Blackies surfing beach, and great restaurants and nightlife. This property is perfect for an owner who seeks an “up or down leg” to a 1031 exchange, or for the owner who wants a luxurious owner’s unit and great rental income.

Manhattan Beach, 2208 The Strand

Price: $10,500,000
Units Total: 4
Lot Size: 3,512
Living Area: 5,193
Year Built: 1972
Parking: 9
Days on Market: 52
Description: This is THE STRAND income property *HOLD or BUILD* opportunity you’ve been waiting for! On what is arguably the most coveted beach front street in Southern California, you’ll enjoy unprecedented appreciation with 100% year round tenancy! You can invest in capital improvements immediately (possibly significantly increase the finished square footage on the 3rd and 4th levels) and can always Build your Dream Home in the future! The existing 4 unit property has a combined 5193 interior sq ft with (3) 2 Bed, 2 Bath units and (1) 3 Bed, 2 Bath unit. Totaling 9 beds, 8 baths, and 9 covered parking spaces, this beachfront STRAND property will be rented year round at top of market rents! Current Gross rents $18,530 / mo or $216,800 / yr.

9949 Sepulveda Boulevard

Price: $10,000,000
Units Total: 42
Lot Size: 37,462
Living Area: 32,162
Year Built: 1979
Parking: Yes
Days on Market: 51
Description: The Montecito North and South is a 42 unit Non Rent Controlled Apartment Community in Mission Hills (Los Angeles) California. Consisting of two separate buildings and lots, 9949 Sepulveda is a 23 unit apartment building and 9969 Sepulveda is a 19 unit apartment building. Both properties have had the earthquake retrofit work completed. Featuring Studios, One Bedroom (3 are Townhouses), Two Bedroom One and Two Bath the unit mix is well balanced. Each building has a laundry room and there are a total of 81 parking spaces, both tuck under and open, for the tenants. Tremendous rental upside exists as The Montecito North and South can have unit interiors upgraded and rents increased.

Temecula, 36506 Via Verde

Price: $9,999,999
Lot Size: 430,373
Living Area: 16,000
Year Built: 1987
Parking: Yes
Days on Market: 45
Description: This established operating winery is located right on the De Portola Wine Trail in the very heart of the Temecula Wine Country. There are over thousands of wine club members and the winery has a fine reputation as an entertainment venue. A jazz band plays at the spacious covered patio overlooking the valley on weekends. This winery is a very popular location for weddings, family reunions and corporate events. Being the only dug-in wine cave into the hill in Southern California, the wine cave has over 10,000 sq.ft of indoor space to hold parties. The current annual production is about 9,000 cases and the wines have won several leading awards. There are 10 acres of land with the following grape varietals planted since 2005: 1.3 acres Merlot, 1.25 Pinotage, . 279 Mourvedre, . 465 Primativo, . 397 Petite Verdot, . 3 Petite Sirah, 1.25 Cabernet Sauvignon, 1 Malbec and 2.2 Cabernet Franc. The winery business has all the licenses required to operate and is in a sound financial footing. Along with wine-making equipment, there is also a kitchen to cater food for the events held on site.

2270 North Beachwood Drive

Price: $9,500,000
Units Total: 21
Lot Size: 21,780
Living Area: 17,380
Year Built: 1928
Parking: 21
Days on Market: 184
Description: Villa Monterey Apartments is a 21-unit multifamily community located in Hollywood, CA. Originally built in 1928, Villa Monterey represents an opportunity to acquire a mid-size multifamily asset in one of the most sought after submarkets in Los Angeles County. Situated on one 0.50 acre parcel, the property features 21 units including (1) studio measuring approximately 600 sq.ft, (17) one-bedroom / one-bathroom units averaging approximately 800 sq.ft, and (3) two-bedroom / one-bathroom units averaging approximately 1,060 sq.ft. The property also includes gated vehicle and pedestrian access, covered parking, a charming central courtyard with a stone fireplace and fish pond, and on-site laundry.

Santa Monica, 833 20th Street

Price: $9,423,750
Units Total: 14
Lot Size: 16,012
Living Area: 19,087
Year Built: 1969
Parking: Yes
Days on Market: 25
Description: Montana / Wilshire corridor Santa Monica 14 unit consisting of two 1 + 1s, six 2 + 1.75s and six 3 + 1.75s. Most of the units have been remodeled or renovated in some fashion and feature a spacious floor plan, balcony or private patio, window A / C unit, fireplace, dishwasher, electric stove / range and several with a mini bar area. The building was repiped with PEX in 2011 and the roof was replaced in 2015. It is separately metered for electricity, has a laundry room (leased equipment) and intercom entry system. This property is part of a larger Westside apartment building portfolio consisting in total of 99 units and listed for sale at $46.9M. Properties can be purchased together or separately. CLICK ON PRIVATE REMARKS FOR SALE PROCESS INFO.

Venice, 2510 PACIFIC Avenue

Price: $9,250,000
Units Total: 12
Lot Size: 7,980
Living Area: 10,428
Year Built: 1971
Parking: 15
Days on Market: 262
Description: Located in the heart of Venice! 2504,2508,2510 PACIFIC AVENUE ARE THREE LEGAL 4 UNIT BUILDINGS ON THREE SEPARATE ADJACENT LOTS BEING SOLD AS ONE COMPLEX FOR $9,250,000. Each building consists of a studio / 1 bath, 1 bedroom / 1 bath, 2 bedroom / 2 bath, and 3 bedroom / 2 bath. 15 car carport parking. 9 of the 12 units have been completely remodeled. All units have new windows and new heating and air conditioning. Each building has a coin operated laundry room. Complex is fully gated with intercom system.

Los Angeles, 11815 Mayfield Avenue

Price: $9,213,750
Units Total: 15
Lot Size: 15,753
Living Area: 15,920
Year Built: 1967
Parking: Yes
Days on Market: 25
Description: Prime Brentwood 15 unit consisting of six 1 + 1s, six 2 + 1.75s, one 2 + 1.75 + den, one 3 + 1.75 and one 3 + 1.75 + den. Most of the units have been remodeled or renovated in some fashion and feature a spacious floor plan, balcony or private patio and wall A / C unit. The building was repiped with copper plumbing in 2011, it is separately metered for gas and electricity, has a laundry room (leased equipment) and intercom entry system. Covered parking is at the front and rear of the building and is subject to the LA Soft-Story Retrofit Program ordinance with an initial compliance date of 11/3 / 2018. This property is part of a larger Westside apartment building portfolio consisting in total of 99 units and listed for sale at $46.9M. Properties can be purchased together or separately. CLICK ON PRIVATE REMARKS FOR SALE PROCESS INFO.

11818 Darlington Avenue

Price: $9,187,500
Units Total: 15
Lot Size: 15,750
Living Area: 15,920
Year Built: 1967
Parking: Yes
Days on Market: 25
Description: Prime Brentwood 15 unit consisting of six 1 + 1s, six 2 + 1.75s, two 2 + 1.75 + den and one 3 + 1.75. Almost all of the units have been remodeled or renovated in some fashion and feature a spacious floor plan, balcony or private patio and wall A / C unit. The building is separately metered for gas and electricity, has a laundry room (leased equipment) and intercom entry system. Covered parking is at the front and rear of the building and is subject to the LA Soft-Story Retrofit Program ordinance with an initial compliance date of 11/3 / 2018. This property is part of a larger Westside apartment building portfolio consisting in total of 99 units and listed for sale at $46.9M. Properties can be purchased together or separately. CLICK ON PRIVATE REMARKS FOR SALE PROCESS INFO.

Anaheim, 2750 West Yale Avenue

Price: $9,100,000
Units Total: 35
Lot Size: 46,174
Living Area: 28,837
Year Built: 1966
Parking: 12
Days on Market: 53
Description: The Adelphi located at 2750 West Yale Avenue is a 35-unit multifamily investment property in the city of Anaheim, California. Residents enjoy the property’s close proximity to schools, shopping centers, and major employers. Situated on a 1.06-acre lot, the 28,837 square foot property consists of one-, two-, and three-bedroom floor plans averaging 824 sq.ft. Built in 1966, the property offers an attractive range of community features including carport and garage parking, controlled access, a spacious courtyard, a sparkling swimming pool, and on-site laundry.

Glendale, 427 West Dryden Street

Price: $8,900,000
Units Total: 26
Lot Size: 21,499
Living Area: 19,562
Year Built: 1962
Parking: 0
Days on Market: 15
Description: Incredible opportunity to purchase 26 units in prime North Glendale. This property is being offered for sale for the first time since construction. Lovely pool and courtyard area, tremendous income potential.

Chico, 1217 West Sacramento Avenue

Price: $8,800,000
Units Total: 32
Lot Size: 72,310
Living Area: 26,240
Year Built: 2017
Parking: 0
Days on Market: 12
Description: This premier student property consists of 32 newly constructed units located near CSU Chico and downtown Chico, CA. Apartments feature granite counters, wood style plank flooring, stainless appliances and washer / dryers in each. Units have kitchens equipped with range, microwave, stove and refrigerator. Property is near bus routes, and within a short distance to downtown, CSU Chico, restaurants, shopping and grocery stores. All units are leased.