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Commercial Asset Advisors is pleased to present the opportunity to acquire a turnkey 9-unit multifamily asset located in the residential focused lower City Heights area of San Diego with an ideal unit mix. The micro location is walking distance to Hamilton Elementary school and just off the beaten bath of the City Center primary thoroughfares providing for a family oriented neighborhood pocket. The 9,391 sqft lot is comprised of three separate buildings: a 6 unit apartment building consisting of (4) 1 bedroom units and (2) 2 bedroom units, a duplex with (2) 2 bedroom/1 bath units with small rear yards, and a detached 2 bedroom/1 bath house. The asset includes 11-12 on-site parking spaces, along with ample street parking. This property offers strong in-place financial metrics at a 5.22% cap rate with additional room for growth. An investor looking to maximize returns might consider renovating the units, which could achieve a pro forma cap rate of 6.45%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.

Investors Welcome! Well maintained DUPLEX in the desirable Holy Trinity area. Front unit: Single level 2 bedroom 1 bathroom, living room, dining room, kitchen and laundry room as well as front yard space, patio space off of the laundry area & a gated drive way. Back Unit: Two level, 4 bedroom 2.5 bathroom, living room, dining room, laundry closet, renovated kitchen, updated tile flooring throughout, and sliding doors to the back yard oasis with built in bbq. Back unit also has a long extended driveway, that could easily fit an RV. Tenants pay electric and gas. Property is located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development.

ONE (1) ACTIVE TRANSFERABLE SHORT TERM LODGING PERMIT (lower unit) - Introducing an exciting investment opportunity located in the heart of Newport Beach's Balboa Island. This unique property is just steps to quaint Marine Avenue with its array of shops and restaurants, providing a convenient and vibrant lifestyle. Three (3) units in total - two (2) 3 bedrooms with 2 baths each and an upper 1-bedroom unit with deck. The lower unit comes with a short-term rental permit, making it an ideal income-generating property. Enjoy breathtaking city and harbor views from the rooftop deck, perfect for entertaining or simply relaxing and taking in the scenery. Don't miss out on this rare opportunity to own a piece of Balboa Island real estate with endless potential.

A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42’x120’ dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit’s adjoining large laundry room is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. With unit #3 vacating by September 30, 2024 – it’s a great opportunity for an owner occupant to move-in, a family member, or to improve the unit and bring aboard a new tenant. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opportunity in one of the city's hottest neighborhoods. Seller may consider financing a carry-back loan with a qualified buyer and optimal terms.

Perfect Investment Property! 3 separate houses in one lot. The subject property is located in a well established and desirable residential neighborhood, comprise of similar size and style, homes on average well landscaped site. This area is popular due to it is close proximity to downtown Los Angeles, several freeways, Metro Station, Schools, as well as local shopping/service facilities found within a mile. Private separate entrance and parking area for each unit. Drive by Only, Do Not Disturb tenants.

Rare opportunity to acquire a corner-lot fourplex in Old Torrance that is insulated from traffic yet central to everything South Bay. Spanning 2,854 sf across a 6,496 sf lot and comprised of two single level and spacious 2-bed 1-bath units, together with two additional 1-bed 1-bath units situated atop four single car garages and balanced perfectly around a central yard, this building makes sense for owner occupants and investors alike. Both of the 2-bed units feel like single family living and will be delivered vacant, presenting an ideal setup for an owner-user looking to occupy one or more units while subsidizing the mortgage with additional rents. This property is ideally situated nearby schools (Torrance Elementary and Torrance High School), parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. There is no local rent control here (on information and belief only CA AB1482 applies, but buyer to verify) and gas and electric are separately metered. There are also several avenues to add value, such as repositioning the leases on the 1-bedroom units, converting owner’s storage space (laundry hookups present!) to community laundry facility for additional stream of income, and potentially converting the garages to ADUs to maximize return. Just 1.5 miles to the Torrance Crossroads, 2.5 miles to Del Amo Shopping Center, just 4 miles to Torrance Beach, and 5 miles to King Harbor, the property also provides easy access to and from the whole of Southern Bay via nearby Western, Sepulveda, and Torrance Blvd corridors, as well as the rest of Southern California via nearby 110 freeway.

Located in the heart of Los Angeles this well maintained gated fourplex sits on a whopping 7,050sqft lot- offering an abundance of opportunity. Situated on a corner lot and total living space of 4,312sqft- Live in one unit and take advantage of the steady income from other units or choose to rent out all four! The choice is yours and endless! Strategic ideal layout includes two 2-bedroom units and two 1-bedroom units. Each unit includes its own dining room, designated garage parking spot and in unit washer and dryer hookups. Each occupant enjoys their own privacy and convenience. Enjoy the spacious backyard; perfect for enjoying summer evenings and gatherings. Have a sense of community and feeling of "home"! LOCATION. LOCATION, LOCATION. WALKABILITY AND DESIRABILITY. Conveniently located near the 10 Freeway, Normandie Recreation Center, public transportation, and a variety of restaurants and schools, this property is ideally situated. Central location to major attractions like Grammy Museum LA Live, the USC campus, Beverly Center Mall, Koreatown, and minutes from Downtown Los Angeles. Whether you're a first time home buyer, seasoned buyer, or investor this property unlocks potential and and opportunity! Don't hesitate to call and see what options are in store for you!

Charming Duplex in Downtown Laguna Beach is within walking distance of the beach. Prime downtown location, within walking distance to enjoy the vibrant local scene with shops, restaurants, and more! Both units have been thoughtfully renovated. The upper unit boasts a large deck, ideal for entertaining and relaxing with slight ocean views, while the lower unit offers French doors that open up to a private, cozy patio. The upper unit features an open floor plan with 2 bedrooms and 2 bathrooms, perfect for comfortable living. The lower unit has 1 bedroom and 1 bath with an addition of 1 bedroom and 1 bath from a converted garage. An indoor washer and dryer are available in each unit for added convenience. Whether looking for a great investment opportunity or a beautiful home with rental potential, this duplex is a must-see! Zoned R3 for additional potential!

Seize the opportunity to own those two houses, perfectly located in Whittier. This duplex is an exceptional choice for both investor and homebuyers seeking comfort. Lot perfect for future development situated on 15,983 SF. The lot offers plenty room for ADU's currently shows as 3 bedrooms 1 bathroom each the garage is been convert that is not permitted. Ample parking space for tenants and guests. indoor laundry room.The swimming pool need TLC. Ideal for living in one house and rent the other one.