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$3,500,000
SR26181930 MLS Active Status
Beverly Hills Four-Unit Income Property with Architectural Character! Located in a highly desirable Beverly Hills setting, this distinctive residential income property offers four 1-bedroom, 1-bathroom units, each approximately 894 square feet. The property showcases charming architectural details, a beautifully landscaped front yard, mature greenery, and inviting curb appeal. Each unit offers a comfortable layout with generous living space, making this an attractive investment opportunity in a sought-after West Los Angeles location. The property also includes four uncovered parking spaces for added convenience. Ideally situated near Beverly Hills shopping, dining, entertainment, and everyday amenities, with convenient access to major streets and surrounding neighborhoods. A rare opportunity to own a four-unit property with character and strong location appeal in Beverly Hills.

132 N La Peer Drive, Beverly Hills

$3,300,000
SR26182571 MLS Active Status
Beverly Hills Two-Unit Income Property with Architectural Character! Located in a highly desirable Beverly Hills setting, this distinctive residential income property offers two spacious 3-bedroom, 1-bathroom units, totaling approximately 4,000 square feet, with each unit measuring approximately 2,000 square feet. The property showcases charming architectural details, beautifully landscaped grounds, mature greenery, and inviting curb appeal. Each unit offers a generous layout with functional living space, making this an attractive investment opportunity in a sought-after West Los Angeles location. The property also includes four uncovered parking spaces for added convenience. Ideally situated near Beverly Hills shopping, dining, entertainment, and everyday amenities, with convenient access to major streets and surrounding neighborhoods. A rare opportunity to own a two-unit property offering substantial living space, character, and strong location appeal in Beverly Hills.

138 N La Peer Drive, Beverly Hills

$3,995,000
25 Beds 17 Baths 26985259 MLS Active Status
We are pleased to present 1286 W 35th Pl, a newly constructed 25-bed student housing asset positioned just west of USC and within the USC Department of Public Safety (DPS) 24-hour patrol zone. USC enrolls over 46,000 students, with approximately 65% living off campus, creating deep and growing demand for student housing. Purpose-built for a broad range of student tenants, the property offers double-occupancy and single-room options across three- to six-bedroom layouts. The property includes two 3BR units, two 5BR units, and one 6BR unit, with fully furnished interiors, open floor plans, wood-style flooring, quartz countertops, stainless steel appliances, in-unit laundry, central HVAC, double-pane windows, and built-in closets. Priced at $159,800 per bed with a projected 7.14% CAP rate and 10.54 GIM, the property offers strong in-place cash flow for a 2025 built property with zero deferred maintenance. The property is a half-mile from USC's Main University Park Campus and under one mile from USC Village, with convenient access to the Expo/Vermont Metro station, Downtown, Mid-City, and the Westside. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, creating an opportunity to accelerate depreciation deductions through a cost segregation study. Turnkey, recession-resilient, and positioned in one of Los Angeles' most durable rental submarkets, 1286 W 35th Pl offers immediate cash flow and meaningful long-term upside.

1286 W 35th Place, Los Angeles

$1,249,900
10 Beds 9 Baths 26985791 MLS Active Status
Immediate cash flow! Currently leased at $10,543/month through July 2027 with 7.98% cap rate, 9.88 GRM and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

2705 S Normandie Avenue, Los Angeles

$2,250,000
AR26188327 MLS Active Status
Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1987, this exceptionally updated, well-maintained, turn-key, three-story walk-up building offers approximately 7,000 rentable square feet featuring a strong unit mix of seven 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units. Select 2-bedroom residences enjoy private balconies and patios. Tenants benefit from a quiet, well-managed environment with gated intercom entry, security doors, and secured gated parking. Units are separately metered for gas and electricity. Convient location—just one block north of 10th Street and east of Walnut Avenue—close to shopping, dining, and transit. Fully occupied with stable, quality tenants and current rents well below market rates, this property offers an outstanding turn-key asset with immediate upside and massive cash flow growth potential!

1025 Gaviota Avenue, Long Beach

$1,349,999
OC26194984 MLS Active Status
Rare opportunity to own a spacious fourplex in the heart of Mid Los Angeles with one large 2-bedroom unit delivered vacant, making this an excellent option for an owner-occupant or investor seeking immediate rental income with future upside. The property offers approximately 4,662 square feet of living area on an approximately 7,000 square foot lot and features two 2-bedroom units and two 1-bedroom units, each with generous floor plans of approximately 1,165 square feet and additional bonus space. The vacant 2-bedroom unit is bright and inviting with expansive living and dining areas, abundant windows, updated flooring, a spacious kitchen, approximately 1.75 baths, and in-unit laundry hookups. Three additional units are currently occupied and generate existing income, while the vacant unit provides an immediate opportunity for owner occupancy or market-rate rental income. Each unit has separately metered gas and electricity, helping simplify utility responsibilities. Additional highlights include four detached garage spaces, substantial off-street parking, gated frontage, and a large rear parking area. Ideally located near Koreatown, USC, Downtown Los Angeles, major employment centers, dining, shopping, public transportation, and the 10 Freeway. A compelling opportunity for an owner-user looking to offset housing costs with rental income or an investor seeking a well-located four-unit asset with existing income and meaningful long-term rental upside. Buyer to verify all square footage, permits, unit configurations, rents, expenses, and potential uses.

2022 4th Avenue, Los Angeles

$1,380,000
PF26197149 MLS Active Status
A rare Los Feliz opportunity! Two detached residences + detached studio/workshop • Paid-off solar • Delivered vacant • Endless potential. This charming duplex offers exceptional flexibility for an owner-user, investor, or multigenerational living. Enjoy plenty of off-street parking and inviting outdoor spaces. Rich in character, the property features hardwood and brick flooring, stained-glass details, fireplaces, exposed wood-beam ceilings, and abundant natural light. One residence offers a truly unique bedroom retreat with its own sunken spa tub. Paid-off solar panels help offset energy costs while keeping the home cool during hot SoCal days. A separate studio/workshop with vaulted wood-beam ceilings and fireplace creates additional possibilities for a home office, creative studio, recreation space, or potential future ADU—buyer to verify. Ideally located near Los Feliz Village, Sunset Junction, Griffith Park, Silver Lake, dining, shopping, entertainment, and more. Both residences delivered vacant and ready for their next chapter. Schedule your showing today!

4406 Prospect, Los Angeles

$875,000
8 Beds 4 Baths 26985825 MLS Active Status
Fantastic Fourplex with four 2-bd, 1 ba apartments for OWNER/USER OR INVESTOR. Bring your first time buyers, FHA, and VA Buyers for this opportunity to move into the one vacant unit (Unit #3) that is already fully remodeled for the new owner. The other three units are already rented/occupied bringing in $5,205/mo in rent that could cover the buyer's mortgage! Or just rent out the vacant unit bringing the total income to approximately $7,500/mo. Great investor opportunity!!! Unlock approximately 20% upside potential in rental income. This fourplex moneymaker in the heart of Los Angeles comes with four 2-bedroom, 1 bath apartments two garage spaces and 4 additional parking spaces on site. Potential to build 2 ADU's; Buyer to verify. Minutes away from DTLA, USC & 105,110 & 10 freeways. Centrally located to Restaurants, Entertainment, and public transportation. This property is great to add to your investment portfolio!

315 W 65th Street, Los Angeles

$2,590,000
PW26197030 MLS Active Status
Located in one of the most coveted, supply constrained submarkets in SoCal, 1720 Petaluma Ave is situated in East Long Beach, just 0.5mi from CSULB's campus. The property is a new construction, purpose built student housing opportunity consisting of two spacious, detached units on an oversized lot. Grossing $182,580 annually, 1720 Petaluma's units consist of a front house 7 bedroom/7 bath open floorplan unit, and a rear home 4 bedroom/4 bath unit with expansive 15ft ceilings and ample natural light. Both units benefit from high end appliances, luxury finishes, and ensuite, private bathrooms. Each unit has dedicated laundry machines, private patios, and a large back yard with a lounge area and spa for tenants' enjoyment. Given the lack of available CSULB student housing, these high-end, new construction units have had consistent, overwhelming rental demand. Additionally, each lease comes with parental co-signer guarantees, and tenants pay 100% of utilities. 1720 Petaluma is priced attractively at a 5% cap rate with another 13% in NOI upside. This opportunity provides access to a strong and steady renter base, a unique hedge against CA rent control, strong rental upside, and long term appreciation in an A+ location.

1720 Petaluma Ave, Long Beach

$1,600,000
BB26195094 MLS Active Status
Burbank fourplex offering an attractive combination of current income, significant rental upside and long-term development potential. Situated on an approximately 8,129 SF R-4 zoned lot, the property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, currently generating $6,808 per month in gross rents. Current rents provide substantial upside, with estimated market rents of approximately $2,500 for the 2-bedroom units and $2,000 for the 1-bedroom units—potential gross income of approximately $9,000 per month, representing more than 32% upside over current rents. Another standout feature is the exceptional garage parking: three 2-car garages plus one 1-car garage, providing a total of seven enclosed garage spaces for only four units. The property also includes a decommissioned laundry room that may provide an opportunity for restoration or repurposing, subject to City requirements and approval. Well maintained with valuable improvements including copper plumbing, dual-pane windows and low-maintenance landscaping, helping reduce ongoing ownership and maintenance demands. The sizable R-4 zoned lot may offer additional long-term potential for ADUs, additional units or future redevelopment. Combined with the existing four units, substantial garage footprint and former laundry area, the property presents multiple possibilities for an investor to explore, subject to applicable regulations and City of Burbank approval. Conveniently located near Burbank's major employment centers, studios, shopping, dining and transportation. 2208 W Victory Blvd represents a compelling opportunity to acquire a well-maintained Burbank multifamily asset with existing income, meaningful rental upside, substantial parking and future development potential. Buyer to independently verify rents, square footage, zoning, ADU feasibility and development possibilities.

2208 W Victory, Burbank

$888,000
SB26196998 MLS Active Status
We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled at a 16.1% unlevered IRR over a 7-year hold. See OM for details. Offered as-is, where-is; buyer to verify zoning, rebuild rights, and ADU eligibility with the City of Long Beach.

1071 N Almond Court, Long Beach

$998,000
SR26196102 MLS Active Status
Excellent investment opportunity in Inglewood! This unique property offers a versatile mix of residential and commercial potential in a convenient location near major thoroughfares, shopping, dining, employment centers and transportation. The property features multiple existing living spaces with separate entrances, providing a variety of possibilities for an investor, owner-user or buyer looking for a property with income potential. The property includes addresses associated with 707 E 65th Street, 700 Hyde Park Boulevard and 704 Hyde Park Boulevard, along with additional existing spaces. A converted garage provides additional usable space. The flexible configuration and commercial zoning further add to the property's potential for a buyer looking to maximize the site. Centrally located with convenient access to Inglewood, South Los Angeles, LAX, SoFi Stadium, Intuit Dome and surrounding communities. A great opportunity to acquire a property with multiple existing spaces and future possibilities. Buyer to independently verify zoning, permitted uses, unit count, square footage, rent-control applicability, addresses, permits and all information relating to the property with the appropriate governmental agencies.

707 E 65th, Inglewood

$1,599,999
37 Beds 37 Baths 26985771 MLS Active Status
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a currently a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Avenue, Lake Balboa

$818,900
IG26194749 MLS Active Status
Welcome to this beautifully maintained duplex in the heart of Los Angeles! Nestled on a charming, well-kept street where pride of ownership is evident throughout the neighborhood, this property offers a wonderful opportunity for both homeowners and investors. The spacious front unit features 3 bedrooms and 1 full bathroom, along with a comfortable living room, separate dining room, kitchen, dedicated laundry room, and a private backyard area complete with a lovely garden—perfect for relaxing or entertaining. The rear unit offers 2 bedrooms and 1 bathroom, its own laundry room, and additional storage space within the garage. Adding even more value is the exciting potential for additional living space. The garage associated with the rear unit is currently being used for storage and already has plumbing in place, offering the possibility of converting the space into an additional unit or ADU, subject to city requirements, zoning, permits, and buyer verification. This could create an opportunity to transform this duplex into a three-unit income-producing property. Whether you're looking to live in one unit and rent the other, accommodate extended family, or expand your investment portfolio, this property offers flexibility, character, and tremendous potential in a desirable Los Angeles location.

7715 Whitsett, Los Angeles

$2,695,000
12 Beds 12 Baths 26985675 MLS Active Status
941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

941 S Gramercy Place, Los Angeles

$699,999
MB26196877 MLS Active Status
Versatile Mixed-Use Opportunity in Lincoln Heights! Commercial mixed-use building offering an excellent opportunity for an owner-user, investor, or live/work setup. The ground level features an established grocery/convenience store along with additional warehouse/storage space, providing flexibility for a variety of business operations. Above the commercial space are two residential apartments, creating the potential for additional rental income or convenient on-site living. Ideally situated in the established Lincoln Heights community with convenient access to Downtown Los Angeles and major transportation routes. A unique opportunity to operate your business, generate residential income, and own the real estate—all in one property. Buyer to verify permitted uses, zoning, square footage, and all property information with the appropriate authorities.

3374 Griffin, Los Angeles

$1,250,000
WS26196900 MLS Active Status
Charming Pasadena Duplex Near Pasadena City College, 43-45 S. Greenwood Ave. Pasadena, CA. Excellent opportunity to own a well-located duplex in the heart of Pasadena, conveniently situated near Pasadena City College, shopping, restaurants, stores, and everyday amenities. Set on a spacious 7,048 sq. ft. lot, this two-unit property offers a desirable combination of character, flexibility, and rental potential. The front unit, originally built in 1916, features a charming semi-Craftsman architectural style with 2 bedrooms and 1 bathroom, offering timeless character and classic appeal. The rear unit has been newly remodeled and features 2 bedrooms and 1 bathroom, with new flooring, a brand-new kitchen, and a large private yard. The rear unit provides a comfortable, updated living space with excellent outdoor potential. Both units offer their own 2-car detached garage, providing ample parking and storage. The property also features separate electrical and gas meters, with one shared water meter, making it a practical setup for multi-unit living or investment purposes. A great opportunity for an owner-user, extended household, or investor looking for a well-located duplex in Pasadena.

43 S Greenwood, Pasadena

$2,328,000
13 Baths 26985251 MLS Active Status
A Perfect mixed-use investment opportunity located in the desirable Melrose Hill area of East Hollywood! This income-producing property features three street-facing retail spaces offering excellent visibility along Western Avenue, plus 10 studio units situated at the rear with convenient private alley access. Investors familiar with the neighborhood will appreciate the property's diversified income stream, high-demand location, and long-term growth potential. Surrounded by established businesses, residential communities, dining, shopping, and public transportation, this is an excellent opportunity to acquire a well-positioned asset in one of Los Angeles' most dynamic and evolving areas. Bring your vision and discover the possibilities this special property has to offer.

904 N Western Avenue, Los Angeles

$949,900
DW26189406 MLS Active Status
**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!** Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles’ most active and centrally located residential markets. The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies. The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements. Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles’ most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city’s most popular cultural and entertainment destinations. For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today’s buyer or investor market. **Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market. **Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.

4115 Council Street, Los Angeles

$597,000
5 Beds 3 Baths 26985595 MLS Active Status
Two Houses on One Lot! This property presents an excellent opportunity for a first-time homebuyer or investor. Live in the vacant back house while collecting rental income from the front home. The property features a large detached front house with 3 bedrooms and 2 bathrooms, plus a separate detached casita in the back. Both homes feature newer shingle roofs and upgraded electrical panels. The back casita is vacant, freshly painted, and has its own private backyard, making it ideal for an owner-occupant. The front house is tenant-occupied and will be delivered with the tenants in possession. The front home features laminate flooring and a spacious layout. The property also offers plenty of parking with a long driveway. Seller is willing to contribute toward the buyer's closing costs, making this an attractive opportunity for a first-time buyer looking to own. Buyer to verify all information, including square footage, permits, zoning, and property details, independently.

1654 E 32nd Street, Los Angeles

$899,000
SB26196681 MLS Active Status
This exceptional duplex presents an incredible turnkey and value-add investment opportunity in a highly desirable neighborhood. Perfectly positioned for an investor seeking strong rental income or an owner-occupant looking to house-hack, this property beautifully combines modern updates with immense upside potential. The completely remodeled front unit features a bright and spacious layout with two comfortable bedrooms, a versatile bonus room perfect for an office or playroom, and one beautifully updated bathroom. Inside, the home showcases stylish luxury vinyl plank flooring, new energy-efficient windows that flood the space with natural light, and a fully modernized kitchen and bathroom. In contrast, the rear unit offers one bedroom and one bathroom, serving as a blank-canvas space ready to be renovated to maximize its market rent. Designed for convenience and independent living, both units enjoy the rare luxury of their own private yard space alongside dedicated in-unit laundry capabilities. Vehicle parking and storage are a breeze thanks to a shared two-car garage and a spacious driveway that easily accommodates multiple cars. Situated in a prime location, this property offers residents effortless commutes and daily convenience with quick access to local stores, schools, and major freeways, ensuring consistent, long-term tenant demand.

16424 S Denker Avenue, Gardena

$12,500,000
PW26196840 MLS Active Status
We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.

11441 Asher Street, El Monte

$4,150,000
16 Beds 17 Baths 26985409 MLS Active Status
1757 17th Street is a 9-unit apartment building plus a non-conforming studio situated on the northeast corner of Michigan Avenue and 17th Street in Santa Monica. Built in 1997, the property consists of approximately 8,306 square feet of building area on a 9,297-square-foot lot and is being offered for sale by the original ownership for the first time.The unit mix consists of eight two-bedroom/two-bathroom units and one one-bedroom unit, plus a non-conforming studio. Five residences feature two-story layouts with dramatic high ceilings and loft/office areas, including four townhouse-style units with large private rooftop patios. All units, including the studio, offer private outdoor space. Built in 1997, the property is not subject to Santa Monica rent control, with two units deed restricted at 60% of area median income through 2050. The property features secure controlled entry and 19 on-site parking spaces, including 16 secure underground spaces and three additional surface spaces at the rear of the property. Additional features include individually metered water, gas and electricity, and on-site laundry facilities. Ideally located near Santa Monica College, the 17th Street/SMC Metro station and approximately 17 blocks from the beach, the property benefits from a Walk Score of 82 and convenient access to the many amenities of Santa Monica.

1757 17th Street, Santa Monica

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.