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: 248
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: $46,000,000
Units Total: 30
Lot Size: 29,684
Living Area: 0
Parking: Yes
Days on Market: 265
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, 837 South HARVARD

Price: $35,900,000
Units Total: 65
Lot Size: 82,436
Living Area: 0
Year Built: 2018
Parking: Yes
Days on Market: 154
Description: 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: 743
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, 2867 SUNSET Place

Price: $29,750,000
Units Total: 60
Lot Size: 14,779
Living Area: 0
Year Built: 2018
Parking: 0
Days on Market: 6
Description: For sale a 60-unit luxury apartment building located in the thriving Koreatown neighborhood of Los Angeles, California. Built in 2018, the Kodo offers a mix of studio, 1-bedroom, and 2-bedroom units with beautiful finishes, and ample common area amenities. Common area spaces include a living room / lounge, a beautifully landscaped courtyard, a fitness center, and a rooftop lounge that offers spectacular views of the Downtown Los Angeles skyline.

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: 259
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.

1001 South ILIO MARE THASSOS KAVALA GREECE

Price: $27,930,000
Units Total: 135
Lot Size: 220,000
Living Area: 0
Year Built: 2003
Parking: 200
Days on Market: 2085
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

Glendale, 310 North Cedar Street

Price: $27,800,000
Units Total: 80
Lot Size: 26,552
Living Area: 70,632
Year Built: 1972
Parking: 105
Days on Market: 32
Description: CEDAR REGENCY, an 80-unit value-add apartment community located in an excellent location in Glendale, California. The property has been under the same ownership since 1975. The property is strategically located on the northeast corner of Cedar St and California Ave, a block away from Glendale Fashion Center and Whole Foods Market, and within walking distance to City of Glendale municipal offices. It has a Walk Score 90 out of 100. The property is a four-story building that was built in 1972 with ±70,632 sq.ft building size situated on high-density R4 zoning ±26,552 sq.ft lot. It has many newly constructed building amenities such as 2 elevators, secured entry with intercom, fire sprinkler system throughout, 2 levels of subterranean parking, and center playground / barbeque area. It offers a superb unit mix of twelve (12) large 2 bed + 2 bath units and sixty-eight (68) large 1 bed + 1 bath units. The 2-bedroom units are ranging from ±924 – ±1,158 sq.ft, and 1-bedroom units are ranging from ±629 – ±770 sq.ft. Each unit is separately metered for electricity (no gas in unit), equipped with central A / C and heating, dishwasher, stove, garbage disposal, solid wood kitchen cabinets, plenty of linen closets, and fire sprinkler. Parking is provided by 2 levels of subterranean parking. There are a total of 105 parking spaces with an entrance on California Ave to access the sublevel parking, and Cedar St to access the ground level parking.

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: 744
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.)

11550 Santa Gertrudes Avenue

Price: $21,500,000
Units Total: 77
Lot Size: 109,771
Living Area: 54,070
Year Built: 1971
Parking: 77
Days on Market: 81
Description: Seville Apartments, a 77-unit multifamily investment property located in Whittier, California. Built in 1971, Seville Apartments offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 15 percent. The property features a strong unit mix of one- and two-bedroom floor plans, of which 50 or more have been upgraded with granite countertops and plank flooring. Situated on a 2.52 acre lot, the property offers an attractive amenity package including gated carport parking, controlled access, on-site laundry, a stand alone rental office, a swimming pool, and a spacious courtyard featuring a pond, barbeques, and picnic area.

Compton, 1515 East ROSECRANS Avenue

Price: $19,950,000
Units Total: 86
Lot Size: 117,214
Living Area: 79,376
Year Built: 1986
Parking: Yes
Days on Market: 180
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.

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: 157
Description: 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.

Los Angeles, 4835 PICKFORD Street

Price: $17,595,000
Units Total: 5
Lot Size: 5,765
Living Area: 5,180
Parking: 0
Days on Market: 7
Description: Very spacious unit, lot of potential. Building under los angeles rent control

Santa Monica, 821 3RD Street

Price: $16,500,000
Units Total: 27
Lot Size: 14,988
Living Area: 28,485
Year Built: 1965
Parking: Yes
Days on Market: 17
Description:

Arcadia, 968 Arcadia Avenue

Price: $16,000,000
Units Total: 18
Lot Size: 36,193
Living Area: 34,000
Year Built: 2014
Parking: 44
Days on Market: 73
Description: Prime Arcadia 18 Unit condo newly built in 2014 with full tenant occupancy. All units are 3 Bedrooms 3.5 Bathrooms, two of three bedrooms are suites with attached two car garage. Great investment opportunity to keep as a rental income or you can sell each individual units if needed. Arcadia Schools and convenient to supermarkets and stores, CVS; LA Fitness; Post Office; Banks and Restaurants. For more details contact the listing agent thanks!

2400 Palos Verdes Drive

Price: $15,950,000
Units Total: 24
Lot Size: 24,469
Living Area: 23,361
Year Built: 1961
Parking: 24
Days on Market: 19
Description: Lunada Bay is a picturesque seaside residential community within the city of Palos Verdes Estates. Known for award winning public schools, plenty of parks and green spaces, trails and incredible views. This building is comprised of 8 one bed / one bath, 9 two bed / two bath, 5 two bedroom / 1 bath and 2 three bed / two bath units. Most units have been updated with granite counters, travertine stone, upgraded cabinets, carpet and paint. All units have fireplaces with gas logs. Immaculate, lush grounds with pool and laundry on the premises. Some units have ocean views perfect for watching the beautiful South Bay sunsets.

Arcadia, 855 West Huntington Drive

Price: $15,300,000
Units Total: 42
Lot Size: 55,321
Living Area: 34,972
Year Built: 1954
Parking: 3
Days on Market: 33
Description:

412 North OAKHURST Drive

Price: $15,000,000
Units Total: 15
Lot Size: 11,018
Living Area: 24,294
Year Built: 1974
Parking: Yes
Days on Market: 74
Description: Location location location! Rare opportunity to purchase 15 unit apartment complex in Beverly Hills! All units are very spacious, light and bright, come with private laundry rooms, fireplaces, balconies / patios and 2 car parking spaces! Fantastic upside potential. Building was originally built to be converted into condos. Do not miss this opportunity! 3 units are 1 bedroom 1.5 bath + den / 9 units are 2 bedrooms 2 baths / 3 units are 2 bedrooms 2 baths + den. Click on docs for all rents / expenses and square footage / breakdown of all 5 floor plans.

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: 132
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.

Covina, 4540 North Lark Ellen Avenue

Price: $12,999,999
Units Total: 44
Lot Size: 60,218
Living Area: 35,746
Year Built: 1984
Parking: 73
Days on Market: 63
Description: We are pleased to present this unique opportunity to acquire forty-four two bedroom one bathroom units situated in the thriving Covina market. This asset extends the opportunity for a new investor to capitalize on healthy current rents with nearly 20% upside potential. The owner has meticulously maintained the property, it is in outstanding condition. The building features an abundance of parking (88 spaces). Lush landscaping throughout, inviting pool and spa area, separate barbecue pit and a relaxing gazebo within the common area. Large laundry room which produces significant income. The asset is situated within walking distance to Northview High School and Lark Ellen Elementary school. This outstanding location is also in close proximity to many other local amenities and freeways.

Studio City, 12659 MOORPARK Street

Price: $12,650,000
Units Total: 28
Lot Size: 35,458
Living Area: 33,384
Year Built: 1969
Parking: Yes
Days on Market: 116
Description: Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. In a prime picket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained by the same family for over 2 decades, and several of the units have been updated w / hard surface flooring, stainless-steel appliances and other amenities. All but four of the units have town-home style layouts, with the bedrooms located upstairs and the living spaces situated on the ground floor. Tongue-and-groove ceilings, exposed beams, and other mid-century period details, imbue the units with charm and character. The roof was replaced in 2015. Unit mix consists of fourteen 1 + 1 bath units, 10 2 + 2 units and four 3 + 2.5 bath units.

Agoura Hills, 5250 Chesebro

Price: $12,500,000
Units Total: 18
Lot Size: 40,715
Living Area: 28,573
Year Built: 2018
Parking: Yes
Days on Market: 88
Description: The Old Agoura Apartments are 18 condo quality townhome style apartment units constructed in 2018 located in Agoura Hills, CA. The complex is comprised of eight separate duplex and triplex buildings feature an excellent unit mix of one 2-bedroom / 2.5-bathroom unit and seventeen 3-bedroom / 2.5-bathroom units. The large units feature high-quality finishes such as wood laminate flooring, designer tile backsplashes, and stainless steel appliances. Each unit also features a two-car garage with direct access to the unit, central heat and air-conditioning, washer / dryer, private balcony, dishwasher, and garbage disposal. The community features nicely landscaped barbecue entertainment areas, a hot tub, and a dog run.

Pasadena, 650 South Lake Ave

Price: $12,500,000
Units Total: 12
Lot Size: 16,988
Living Area: 21,260
Year Built: 2010
Parking: 2
Days on Market: 98
Description: 650-652 S. Lake Ave. Is located in the heart of Pasadena and consists of 12 units. These luxury townhouses were built in 2010 and is in a private gated complex. Most of the units are composed of 3 bedrooms and either 2.5 or 3.5 baths. Each of the units have a 2 car garage and except for units 2 and 4, direct access. The location of this property is also fantastic, it is surrounded by world class shopping and fine dining in the Playhouse District. It is also only minutes away from Old Pasadena, The Rose Bowl, Cal-Tech and The Huntington Library and Gardens.

Canoga Park, 7115 MILWOOD Avenue

Price: $12,500,000
Units Total: 53
Lot Size: 52,275
Living Area: 29,772
Year Built: 1977
Parking: Yes
Days on Market: 4
Description: Hard-to-Find Large Asset for Sale – 53-Units in Canoga Park-No Earthquake Retrofit Required-Built in 1977 on 1.2 Acres of Land-Twenty Units (20) Have Been Fully Remodeled in 2018-Impressive Frontage on Milwood Avenue-Gated and Secured Entry – 78 Parking Spaces-Walking Distance to Shopping, Dining, and Commercial Facilities of Sherman Way-Property Maintained in Mint Condition and Professionally Managed-Additional Income from the RUBS Utility Reimbursement Program- Additional Income from Rental of Parking Spaces-Desirable Unit Mix of 43 (1 + 1), 2 (2 + 1), 1 (2 + 2) and 7 Single Units-Considerable Upside in Rents-Property Located in the Proximity of Major Commercial and Residential Developments Currently Planned for Neighboring Woodland Hills Area.