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  • Los Angeles, CA 90003
    $599,000
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    To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 6194800890...
    Santa Cruz, CA 95060
    $1,050,000
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    Whether you are a first time home buyer, or an investor looking to add value to your portfolio, here is a rare opportunity to own a proven income producing property, just blocks from the heart of downtown Santa Cruz. This well maintained duplex sits on a corner lot within easy walking distance of downtown shops, restaurants, and local businesses. Features include a detached two car garage, dual pane windows, a new sewer lateral system, and mature fruit trees that add a touch of oldschool charm. With a long history as a successful rental property, this is the kind of investment that stands the test of time. A solid opportunity to own income-producing real estate in Santa Cruz, where a strong rental market and close-in location continue to make this a smart addition to any portfolio.
    Los Angeles, CA 90006
    $2,949,000
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    Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.56% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.28. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown with an amazing walk score of 92 and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2028 Olympics coming soon, this site is very close to all the action and there has been a ton of money invested in this are. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.
    Los Angeles, CA 90043
    $1,899,999
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    Welcome to 6526 Brynhurst a fully entitled, RTI( Ready to Issue) in hand permits ready to build, 100% Affordable ED1 project featuring 64 units plus a managers office that can be converted into a unit, 55-1 bedroom, 9- studios across a Type V, four story, fully stacked designed which features all wood frame floors. This design has a significant savings in construction costs and time maximizing the most units with the lowest construction costs compared to 5 stories and higher. The property is located in Hyde park which is just outside the border of the City of Inglewood, while being able to deal with Los Angeles Building and Safety codes, and inspections. The area is surrounded by brand new construction apartment/retail buildings all over and directly across the street from the site, the City of LA purchased a 5 story 41 unit building for $17.3 million as part of the Project Homekey, $421k per door. The property is located in a TOC Tier 3 area, walking distance to the dynamic and new Crenshaw metro rail line, Restaurants, and close to SOFI STADIUM( home of the 2026 World Cup & 2028 Olympics), KIA FORUM, LAX, HOLLYWOOD PARK, Intuit Dome, and Baldwin Hills Crenshaw Plaza, a $1 Billion retransformation project . The building is fully 100% ADA Compliant for seniors but the housing covenant allows to rent to anyone. The new design features no parking with 32,252 square feet of building area and there are several contractor bids in hand. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a 100% Fully vacant Fourplex, located close to West Adams, Downtown, Culver City and minutes from the soaring employment hub of Inglewood that continues to grow daily. A developer can break ground right away and there has been a lot of money invested in the area. Buyer to Verify all!
    Los Angeles, CA 90029
    $1,999,999
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    Welcome to 1020 N ARDMORE AVE, a fully entitled RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors and Builders, ready to pull permits and to start building. This SHOVEL READY 100% Affordable ED1 project features 57 units including a manager's office that can be converted into a unit, 40-1 bedroom, 17- studios across a Type V, four story, fully stacked designed which features all wood frame floors on an almost 9,000 square foot lot plus an alley that is SB8 exempt and currently a vacant land. This design has a significant savings in construction costs and time maximizing the most units with much lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of Los Angeles most vibrant and high demand area, the property located in Hollywood close to Sunset BLVD with a walk score of 87, close to restaurants, coffee shops and shopping centers. Due to its central location, the area is within top employment hubs and is minutes from Larchmont, Silverlake, Hollywood Walk of FAME, Paramount Studios, Melrose Hills and it is a highly desirable and attractive area that has other brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area, close to the Vermont/Sunset Metro Subway Station, making this very walkable and bike friendly. The stackable design features 25,292 square feet of building area with units ranging from approx 300-456 square feet. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 57 units would bring a monthly gross income of $123,044 and yearly gross income of $1,476,528, or a buyer can look into achieving higher rents with this property being located in Tier 5, Section 8 vouchers most recently updated voucher payment standards has amounts of $2,310 for 1 bd and $2,058 for Studios for this zip code (buyer to verify). 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. Each unit is designed for maximum affordability and optimized rental income. This development presents a rare and immediate opportunity for developers to bring much-needed affordable housing to one of LA's most sought-after areas. BUYER TO VERIFY ALL!
    Lake Balboa, CA 91406
    $1,499,999
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    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 in TIER 7 of the Section 8 Voucher Standards and in a High Resource area. 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. There is also an opportunity to purchase the neighboring property and get close to almost 12,000 square feet on a double lot. 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!
    Oakland, CA 94603
    $715,000
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    Excellent Duplex Investment or Owner-Occupant Opportunity in Oakland! Looking for a place to call home while generating rental income? This versatile duplex offers the opportunity to live in one unit and rent the other to help offset your mortgage payment. Ideal for investors, owner-occupants, or extended families seeking two separate living spaces. Both units feature 2 bedrooms and 1 bathroom, a one-car garage, separate utilities, and their own laundry facilities. Situated on a desirable corner lot, the property offers ample driveway and side-street parking, plus a side yard with potential for RV parking. The low-maintenance front yard adds to the property's appeal. Conveniently located near the 880 and 580 freeways, BART, Oakland International Airport, shopping, and restaurants. A fantastic opportunity to own a flexible multi-unit property with income potential and convenient access to local amenities and transportation!
    Oakland, CA 94602
    $824,000
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    The Prescott Team is pleased to present 3431 Wilson Avenue, a four-unit multifamily property located in Oakland's Dimond District, an established neighborhood known for its walkable commercial corridor, residential character, and convenient East Bay access. Built in 1922, the property comprises approximately 2,156 rentable square feet on a 6,500 square foot lot. The unit mix is distributed across three separate structures: a front house operating as the two-bedroom, one-and-a-half-bath unit; a detached cottage configured as a one bed - one-bath; and a duplex containing two split-level one-bath lofts. All three structures have been seismically retrofitted. Additional capital improvements include newer roofing on the cottage and duplex, an upgraded sump pump, and approximately $5,000 in drainage work on the front house. Tenant amenities include off-street parking, on-site laundry in the garage, private outdoor space across the property, a private backyard for the cottage, decks for the loft units, and a front yard for the front house. The on-site laundry also presents an opportunity to generate additional income through coin- or card-operated machines. The Dimond District offers residents a strong mix of restaurants, cafés, breweries, and everyday retail along MacArthur Boulevard, along with access to Dimond Park and the Sausal Creek trail system. AC Transit service and immediate Interstate 580 access support efficient commutes to Downtown Oakland, Berkeley, San Francisco, and the greater East Bay. With completed seismic work, recent capital improvements, and desirable Dimond District location, 3431 Wilson Avenue represents a compelling opportunity to acquire a well-positioned and well-maintained multifamily asset.
    Burbank, CA 91501
    $1,982,000
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    BURBANK'S OPPORTUNITY OF THE YEAR! FOUR RESIDENCES. ONE EXCEPTIONAL INVESTMENT. Discover a rare California gem featuring a distinctive, character-filled main residence (house) with exquisite woodwork, stonework, stained glass, and a private pool, plus three additional townhomes on one lot. The main residence is delivered vacant, while the three townhomes provide rental income, each with its own one-car garage and storage. The property also offers potential for future expansion or development, subject to zoning, permits, and approvals. Enjoy the best of Southern California living near the dining, shopping, boutiques, and entertainment of Downtown Burbank and Magnolia Park. Families will appreciate the great schools in the stellar Burbank Unified School District. LIVE IN YOUR OWN CALIFORNIA RETREAT WHILE YOUR INVESTMENT WORKS FOR YOU! Four residences, a gorgeous heated and filtered private pool, rental income, and exciting possibilities for future growth - all in one extraordinary property! CALL NOW! As a bonus to you, here some very helpful info for you to look into, and expand your knowledge of, prior to viewing the property: The main residence, which is a house, was owner occupied, and it is delivered empty. The photos of the main residence show exactly what you see when you come in. The Airbnb market for the house of this size and location is $1,500-$2,500 a night, while the current residential rental rate is $4,000-$4,500 a month. The three townhouses that are occupied have the same exact layout; that's why only photos of the main residence, and of one of the townhouses are provided. To protect the privacy of the tenant, the pictures of the townhouse have all household items removed - yes, the space is that beautiful! All townhouses have skylight also. All the townhouses, as well as the main residence, have newer dual pane windows, to maintain indoor stable temperatures. The main residence is available for viewing at any time requested, as well as in open houses. CALL NOW! The townhouses will be available for viewing for the accepted offer only. https://www.themls.com/showing/request/26104648 PLEASE NOTE: ALL CALCULATIONS, INFORMATION, AND CONTENT IN THIS LISTING SHOULD BE VERIFIED AND SHALL NOT BE DEEMED GUARANTEED.

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