Residential Income, California | Page 1 -001-11-30T00:00:00-08:00
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Los Angeles, 601 South Main Street

Price: $60,000,000
Units Total: 452
Lot Size: 25,592
Living Area: 25,592
Year Built: 1981
Parking: 858
Days on Market: 129
Description: The SB Omega is a fully entitled project on the southwest corner of 6th and Main St. In the heart of the Historic Core of Downtown LA. Currently the site of Joe’s Parking, this approved project will encompass 4 parcels and stand 390 ft. Tall to include 38 stories above grade and 452 dwelling units. Upon completion, the building will be the tallest structure in the Historic Core and one of the tallest in Downtown Los Angeles. Land is currently used as a parking lot but has all entitlements and plans for a high-rise condominium building consisting of 458,308 residential sq. Ft, 24,368 retail sq. Ft. And 858 parking spaces. Seller is looking for a joint venture opportunity with an experienced contractor who must bring a $10,000,000 down payment to the partnership. Partner must acknowledge that the sale of the project will gross over $400 million and that construction costs will not exceed $160 million.

Beverly Hills, 327 South ELM Drive

Price: $49,000,000
Units Total: 30
Lot Size: 29,684
Living Area: 0
Parking: Yes
Days on Market: 146
Description: 321-327 S Elm Drive is a new development of 30 luxury residences (townhomes, condos and penthouses) in the heart of Beverly Hills. The beautiful high-end finishes and features include Bertazzoni stoves, Miele dishwashers, Porcelanosa fixtures and tile, Poliform Italian cabinets, Baldwin hardware, Fleetwood doors, Nest learning thermostats, privacy shades, washer and dryer in each unit, water filtration system, USB outlets, private outdoor space and expansive views of the Hills, Century City and DTLA. The 30 units (3 of which are available as low income housing) can be sold as condos or leased as apartments. This trophy property is a one-of-a-kind investment opportunity in prime Beverly Hills.

Los Angeles, 831 South HARVARD

Price: $37,900,000
Units Total: 65
Lot Size: 82,436
Living Area: 0
Year Built: 2018
Parking: Yes
Days on Market: 35
Description: CBRE, Inc. And Kerendian Properties, as exclusive agents are pleased to present for sale a newly built 65-unit apartment building with a vesting tentative tract map in the thriving Koreatown neighborhood of Los Angeles, California. Located at 837 S. Harvard Boulevard, the Property boasts a WalkScore of 97 out of 100 – a “Walker’s Paradise” – and features spacious one-, two-, and three-bedroom units. The certificate of occupancy has been issued. The Property is ready for immediate lease-up or future condominium sales at an opportune time in one of the most sought-after, densely populated multifamily submarkets in Los Angeles. The building will be delivered vacant.

Los Angeles, 920 South Hill Street

Price: $35,000,000
Units Total: 239
Lot Size: 22,935
Living Area: 190,903
Year Built: 2017
Parking: 328
Days on Market: 624
Description: The Hill Street Lofts project is located on South Hill Street between 9th St. And Olympic Blvd. In the trendy Historic Core district of Downtown Los Angeles. Currently Joe’s Parking, the site is fully entitled for the ground-up construction of a 340 ft. High-rise mixed use project consisting of 239 condominiums and 5,405 sq. Ft. Of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. Ft. Balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Parcel situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the best Downtown LA has to offer. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units Zoning: [Q] R5-4D Lot Area 22,935 Floor Area Ratio 6: 1 (137,610 sq. Ft.) Maximum Floor Area Ratio: 13: 1 (298,155 sq. Ft.)

Los Angeles, 812 East 28TH Street

Price: $29,975,000
Units Total: 11
Lot Size: 15,002
Living Area: 10,315
Year Built: 1987
Parking: 0
Days on Market: 230
Description: The Griffith Apartments present a very unique opportunity for a new investor. Since its construction in 1987, the property has been held as affordable housing for the community. The 30-year restriction has recently burned off, allowing the existing covenants with the city and state to now be removed from the property. A new owner will be allowed to reposition the asset and increase to market rental rates, which are substantially higher than the current rents at the property today. The floor plans at the building are all two bedroom, one bathroom units with a current average rent of only $1,102 per month. Based on how the market is performing today, we are projecting market rents of $2,100 per month for these unit types that average over 900 sq.ft each. This equates to an upside potential of nearly 91% from today’s levels. ** This propety is being sold as part of a portfolio with 845 E. 28th St. Los Angeles, CA. **

Los Angeles, 2391 ROSCOMARE Road

Price: $29,000,000
Units Total: 10
Lot Size: 21,422
Living Area: 33,955
Year Built: 2018
Parking: Yes
Days on Market: 140
Description: ONE BEL AIR, a premier new construction 10 unit luxury building, the only one of its kind located in scenic upper Bel Air. Offering ‘home alternative’ residences in one of Los Angeles’ most sought after neighborhoods. Breathtaking ocean and canyon views beautifully combine nature, serenity and modern luxury. Sleek architecture and sophisticated design, finishes and fixtures are set amidst a lush mountainous back drop perfect for taking in dramatic sunsets. Equipped with a gym, lounge, spacious viewing deck, pool and pool deck, secured entry and parking garage. This iconic offering brings refined, multi-unit, luxe living to the hills.


Price: $27,930,000
Units Total: 135
Lot Size: 220,000
Living Area: 0
Year Built: 2003
Parking: 200
Days on Market: 1966
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

Los Angeles, 957 South Broadway

Price: $25,000,000
Units Total: 163
Lot Size: 20,663
Living Area: 184,705
Year Built: 2017
Parking: 221
Days on Market: 625
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.)

Compton, 1515 East ROSECRANS Avenue

Price: $21,295,000
Units Total: 86
Lot Size: 117,214
Living Area: 79,376
Year Built: 1986
Parking: Yes
Days on Market: 61
Description: Located in Compton, 1515 E. Rosecrans Ave is a courtyard style property comprised of 10 buildings (9 apartment buildings and 1 community center) sprawled over 2.5 acres of land. Built in 1986, this 86 unit apartment complex offers a great unit mix of 36 one-bedroom one-bath units, 16 two bedroom two-bath units, 30 three-bedroom two-bath units, and 4 four-bedroom three-bath units. All three-bedroom and four-bedroom units are townhouse units with patio and central AC. Each type of unit is of identical size.

Long Beach, 1246 East 2nd Street

Price: $18,300,000
Units Total: 54
Lot Size: 33,803
Living Area: 39,258
Year Built: 1954
Parking: 24
Days on Market: 12
Description: The 2nd Street Multifamily Portfolio is a 54-unit multifamily investment portfolio across three separately parceled properties in Long Beach, one of the premier housing markets in Southern California. Specifically, the properties are located in the Alamitos Beach neighborhood, just steps from the ocean, a short walk to Downtown, and minutes to Belmont Shores. Fully renovated in 2017, the portfolio offers investors three exceptionally well-appointed buildings with a clear opportunity to increase rental income by almost 6 percent. Given the demand for modern and unique housing options, the 2nd Street Portfolio provides a distinct competitive advantage over other units in the area with higher asking rents. The 39,258 square foot portfolio consists of studio, one-, two-, and three-bedroom floor plans. Originally built in 1954 and 1956,2nd Street Portfolio offers amenities including communal courtyard, custom barbecue, individual garage parking, on-site laundry facilities, controlled access, ceiling fans, hardwood floors, storage lockers, and more.

North Hills, 9001 BURNET Avenue

Price: $17,700,000
Units Total: 43
Lot Size: 54,629
Living Area: 71,306
Year Built: 2009
Parking: Yes
Days on Market: 38
Description: CBRE, Inc. As exclusive agent is pleased to present for sale Burnet Townhomes, a 43-unit condominium-mapped fully occupied apartment building in the North Hills community of Los Angeles, California. Located in the San Fernando Valley with address 9001-9009 Burnet Avenue, The Property is uniquely positioned in the market to offer rental revenue upside potential. Built in 2009, Burnet Townhomes features tri-level ?oorplans with spacious 2-, 3-, and 4-bedroom units ranging from ±1,482 to ± 2,214 sq.ft. Unit features include direct access private garages; central heat and air conditioning; in-unit washer and dryer hookups; granite countertops and maple cabinets; separate dining and living areas; spacious bedrooms with ample closet space and walk-in closets.

Santa Monica, 1045 Ocean Avenue

Price: $16,000,000
Units Total: 21
Lot Size: 11,261
Living Area: 15,005
Year Built: 1922
Parking: 6
Days on Market: 119
Description: 1045 Ocean Ave is a 21-units apartment in Downtown Santa Monica. It is located on Ocean Ave between California Ave and Washington Ave. It is located a block away from Third Street Promenade on Wilshire Blvd, across the street from Palisades Park that offers unobstructed ocean view of Pacific Ocean, Santa Monica Beach, Santa Monica Pier and Southern California coastline. It is within walking distance to all the best amenities Santa Monica has to offer, including Metrolink light-rail station on Colorado Ave. It has a strong demographics of $143,000 average household income within a 3-mile radius and has superb access to FWY 10 and CA-1N (Pacific Coast Highway) is a street away. The property is a 2-1/2 story apartment that was built in 1922. It has a total of ±15,005 sq.ft building size (per profile) and situated on a ±11,260 sq.ft R3 lot. It is surrounded by much higher density residential properties on its left and right. Unit mix consists of four (4) 2bedroom + 1bathroom, eight (8) 1bedroom + 1bathroom, eight (8) studio, and one (1) penthouse-1bedroom + 1bathroom. The property is master metered for electricity, gas and water. It is under Santa Monica Rent Stabilization Ordinance (rent control). It has a shared laundry room. Several units have been upgraded and one unit can be delivered vacant at close of escrow. Parking is provided by 6 garage parking in the back (alley access).

Eagle Rock, 1580 Yosemite Drive

Price: $16,000,000
Units Total: 50
Lot Size: 89,658
Living Area: 44,272
Year Built: 1951
Parking: 50
Days on Market: 105
Description: PRIVATE TOURS ARE AVAILABLE WITH AN APPOINTMENT. SEE AGENT REMARKS. Proforma CAP Rate is over 7% with proven / achieved rents. Yosemite Gardens is a 50-unit community situated on a large ±2.06 acre lot. The large lot and RD1.5-1 zoning allow additional 26 units to be built on site (BUYER TO VERIFY). The property is a Mid-century, well-maintained, two-story, value-add apartment community in the Eagle Rock area of the City of Los Angeles, California. The community has a center driveway with large, landscaped outdoor common areas and consists of 3 main buildings with multiple detached private garages. It was built in 1951, has a ±44,272 sq.ft building size on an oversized 89,658 sq.ft lot. The property has 2 parcels and 2 different zonings. The property offers walkable amenities, easy transportation access, and close proximity to LA’s most exciting neighborhoods. It has an excellent unit mix of 27 x 2bedroom + 1bathroom and 23 x 1bedroom + 1bathroom. Each unit (average unit size ±885 sq.ft) has an excellent layout with original hardwood flooring, large windows, individual water heaters, tiled kitchens and tiled bathrooms, ceiling fans, and a dishwasher. Approximately 13-units have been upgraded with restored hardwood flooring, new kitchen finishes, and restored bathroom. The property separately metered for electricity and gas and is cable and Wi-Fi ready.

Santa Monica, 423 Ocean Avenue

Price: $16,000,000
Units Total: 16
Lot Size: 22,464
Living Area: 0
Year Built: 1936
Parking: 15
Days on Market: 98
Description: 423 Ocean is a generational opportunity to acquire a vacant 16-unit apartment building with underlying entitlements for 12 condominium units located on prime Ocean Avenue, north of Montana Avenue, in the City of Santa Monica. The existing apartment units have been vacated pursuant to the Ellis Act in anticipation of building the condominium project. A future Buyer will have the option of rehabbing the existing units and re-leasing them at current market rents (subject to rent control going forward) or executing the approved condominium development plan. The existing buildings are designated historical landmarks, which have been incorporated into the future development plan.

San Clemente, 618 Avenida Victoria

Price: $13,000,000
Units Total: 15
Lot Size: 69,707,500
Living Area: 11,000
Year Built: 1921
Parking: 10
Days on Market: 13
Description: Unique opportunity to acquire an iconic property in San Clemente’s highly sought-after Pier Bowl, located steps from world class beaches, restaurants, shopping, hotels, and other tourist draws. The Subject Property is located in the beach community of San Clemente (South Orange County) with easy access to Interstate 5, blocks from Downtown San Clemente (Del Mar Street) and directly adjacent to the San Clemente Pier. 618-630 Avenida Victoria is situated near the westernmost point of Avenida Victoria and just to the south of a city-controlled public parking lot of more than 165 stalls. The property is approved for short term vacation rentals (STAR / STLU) subject to City application and approval. San Clemente is known for it’s year-long Mediterranean climate, convenient transit (Amtrak-Metrolink directly adjacent) and sandstone bluffs with camping / day-use state beaches. To the immediate west, a 2.3 mile beach trail draws residents and tourists to the Pier that beginning at North Beach and ending at San Clemente State Beach.

Los Angeles, 3501 JASMINE Avenue

Price: $12,350,000
Units Total: 18
Lot Size: 12,942
Living Area: 21,295
Year Built: 1987
Parking: 0
Days on Market: 5
Description: Marcus and Millichap is pleased to present 3501 Jasmine Avenue, an 18-unit off-campus studenthousing apartment building located in the Palms neighborhood of Los Angeles. From this locationtenants can enjoy easy access to the 405 and I-10 freeways and the National / Palms Boulevard ExpoLine is within a 5-minute walk. With a slew of new bars and restaurants popping up in the immediatearea, residents can experience casual dining and nightlife with significant convenience. Collegestudents who attend UCLA often choose to live in the Palms area due to the proximity to the UCcampus, which is only five miles north. The property, built in 1987, is 21,295 square-feet and sits on a 12,943 square-foot lot. The buildingoffers nine two-bedroom / two-bathroom units, five three-bedroom / three-bathroom units, three fourbedroom / three-bathroom units and one five-bedroom / four-bathroom unit.

Hollywood, 1836 North Gramercy Place

Price: $11,950,000
Units Total: 28
Lot Size: 20,038
Living Area: 19,665
Year Built: 1964
Parking: Yes
Days on Market: 241
Description: PRICE REDUCED! Gramercy Hollywood is an ultra-slick, modern, recently renovated apartment community with top of the line amenities in a coveted location within Hollywood, California. Set on a 20,038 square foot lot, this attractive 19,665 gross rentable square foot property is crafted with structural simplicity, sleek finishes and clean lines. Originally built in 1964, the property offers open floor plans, exquisite attention to detail and an unbeatable location with superb freeway and bus access. 22 of the total 28 units have been fully renovated and are successfully achieving top rents for the market. The remaining 6 unrenovated units present a 20% + upside in rents. The unit mix includes 5 two-bedroom units, 17 one-bedroom units and 6 studios, for a total current scheduled monthly income of $61,777. With world-class shopping and dining, red carpet movie premieres, celebrated live theatre and over 70 brand-name retailers in the immediate area, the property’s location offers endless possibilities. It lies in close proximity to many local hotspots and iconic landmarks, including the Hollywood Walk of Fame, El Capitan Theatre, Dolby Theatre (home of the Academy Awards®) and TCL Chinese Theatre (formerly Grauman’s). The property also sits less than two miles from the major Hollywood and Highland entertainment center of Los Angeles.

Costa Mesa, 1032 West Wilson Street

Price: $11,750,000
Units Total: 24
Lot Size: 87,120
Living Area: 24,685
Year Built: 1961
Parking: 60
Days on Market: 45
Description: Wilson Street Townhomes is a 24-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 2.00-acre lot, the 24,685 square foot property consists of exclusively two-bedroom townhomes and amenities including private patios, garage and open parking, on-site laundry, and a swimming pool. Well maintained by the current ownership, the turnkey asset offers renovated units and professional landscaping. Wilson Street Townhomes is located within walking distance of Fairview Park, Victoria Elementary School, and Estancia High School. The property is less than one mile from Brookhurst Plaza providing residents with convenient access to their everyday needs.

Garden Grove, 10071 Lampson Avenue

Price: $11,685,000
Units Total: 41
Lot Size: 57,935
Living Area: 33,370
Year Built: 1963
Parking: 59
Days on Market: 82
Description: Marquis Apartment Homes is a 41-unit multifamily investment property located in Garden Grove, one of the strongest rental markets in Southern California. Situated on a 1.33-acre lot, the 33,370 square foot property consists of one-bedroom and two-bedroom floor plans. Marquis Apartment Homes offers amenities including garage, open, and carport parking, private patios (select units), balconies (select units), and on-site laundry. Marquis Apartment Homes is just over one half mile from Garden Square Shopping Center and The Promenade Garden Grove, providing residents with easy access to a variety of retailers, grocers, dining, and entertainment options. The property is also one mile from California State Route 22 providing residents with convenient access to surrounding cities.

Whittier, 14035 Coteau Drive

Price: $11,550,000
Units Total: 40
Lot Size: 60,112
Living Area: 32,604
Year Built: 1986
Parking: 8
Days on Market: 199
Description: We are pleased to present the opportunity to acquire Heritage Manor and Villas, a 40-unit apartment building located in Whittier, CA. Built in 1986; the property is in close proximity to Candlewood Country Club and offers (36) large two-bedroom units and (4) one-bedroom units. Most units have a patio or balcony, some with golf course views. All tenants have secured access to covered and uncovered parking. Heritage Manor and Villas boasts a great opportunity for an investor to purchase a well-maintained asset consisting of almost all two-bedroom units built in 1986. Heritage Manor and Villas is located just north of Imperial Hwy., the major east west thoroughfare in the City of Whittier. The property sits adjacent to Candlewood Country Club providing some units with golf course views. The property is located 3 miles northeast of the 5 freeway, 4.5 miles east of the 605 freeway and 5 miles north of the 91 freeway. Furthermore, the property is located less than 20 miles southeast of Downtown Los Angeles and 10 miles north west from Downtown Anaheim offering additional employment opportunities nearby.

Hermosa Beach, 1836 THE STRAND

Price: $10,999,000
Units Total: 5
Lot Size: 2,403
Living Area: 3,908
Year Built: 1928
Parking: Yes
Days on Market: 38
Description: The entire asset has been gutted and redone front the studs out with permits, as necessary. The recent $650,000 capital expenditure includes NEW: roofs, plumbing, windows, decking, railings, waterproofing (in the walls), as well as all new subpanels and ALL wiring throughout! The interior “fit-and-finish” is beach-chic, with nothing left to be desired. All units boast hardwood, marble, subway tile, recessed lighting etc. The building’s location on its parcel, is also superior to virtually everything on The Strand. Setback requirements, at its date of construction were virtually non-existent – the front balconies almost hang right over the bike path and sand! The view is actually greater than 180 degrees! Making a perfect view, better. Lastly, the offering affords an investor the opportunity to assume excellent, BELOW-MARKET, in-place financing. The current loan has a principal balance of $4,900,000 at a rock-bottom monthly payment of 4.25% Interest-Only – until August 2020.

Glendale, 403 West GLENOAKS

Price: $10,800,000
Units Total: 40
Lot Size: 31,005
Living Area: 16,620
Year Built: 1956
Parking: Yes
Days on Market: 32
Description: Pacifica Glendale is a substantially renovated, two-story, 40 unit, property. Constructed in 1956 and updated in 2017/2018, Pacifica Glendale sits on a beautifully landscaped ±31,005 square foot R1250 lot, with a total building area of ±16,620 sq.ft. The controlled access property offers two on-site laundry facilities, a gated pool with seating area, a barbeque area with outdoor dining, a parking area with 42 parking spaces (zero soft story), security camera surveillance, is separately metered for gas and electric, and is serviced by two central water heaters. Pacifica Glendale offers an advantageous unit mix of 32 studio units and 8 one-bedroom / one-bathroom units. Ninety percent renovated units with new kitchens and bathrooms, stainless steel appliance packages, and stone countertops. Each unit offers split units for heating and cooling, gas stoves, dishwashers, upgraded flooring, and sufficient storage space.

Studio City, 4461 Tujunga Avenue

Price: $10,500,000
Units Total: 11
Lot Size: 11,484
Living Area: 18,948
Year Built: 2018
Parking: 24
Days on Market: 111
Description: 11 Brand NEW townhomes adj. To Studio City’s most trendy neighborhood – Tujunga Village! Tujunga Village is a unique shopping area host to popular quaint stores, boutiques, restaurants, and more. This architectural jewel located minutes to CBS and Universal Studios, min. To all other major studios: Disney, Warner Bros., Sony, etc. Minutes to Metro Rail stations. Minutes to the West Side! Unit #101 1,604 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage. ** Unit #102 1,655 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage. ** Unit #103 1,657 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage. ** Unit #104 1,657 sq. Ft., 3 Bed 2.5 Bath, 3 car pvt. Att. Garage. ** Unit #105 1,657 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage. ** Unit #106 1,606 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage, Unit #107 end unit (low income,) 3 car att. Garage. ** Unit #108 1,839 sq. Ft., 3 Bed 2.5 Bath, pvt. Att. Garage ** Unit #109 1,837 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage. ** Unit #110 1,837 sq. Ft., 3 Bed 2.5 Bath, 2 car pvt. Att. Garage ** Unit #111 1,798 sq. Ft., 3 Bed 2.5 Bath, end unit, 2 car pvt. Att. Garage.

El Monte, 3733 GIBSON Road

Price: $10,500,000
Units Total: 39
Lot Size: 47,232
Living Area: 33,043
Year Built: 1963
Parking: Yes
Days on Market: 34
Description: Great opportunity to purchase a 39 Unit Non Rent Controlled Apartment Building located at 3733 Gibson Rd, El Monte, CA 91731. This property consists of an excellent unit mix of 20 One-Bedroom One-Bathroom Units, and 19 Two-Bedroom Two-Bathroom Units. The subject property is a 2-story building located in the city of El Monte, located just east of Baldwin Avenue, between the 10 Freeway and Valley Boulevard and offers an Investor a rare opportunity to own a recently renovated and fully stabilized asset in one of the healthiest and most attractive rental submarkets within the West San Gabriel Valley. There are 39 covered parking spaces. The Atrium is a well maintained and non rent controlled Asset. Built in 1963, the property sits on a neatly landscaped 47,219 square foot R3 lot, and is comprised 33,043 sq.ft of improvements. This property is built with wood frame and stucco construction, with no soft story, and is separately metered for gas and electricity.