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3057 W Pico Boulevard Los Angeles, CA 90006

$32,000,000
51 Units
Status Active
MLS # 22166673
Property Type Residential Income
Price Type --
PRICE REDUCED!!! MOTIVATED SELLER, BRING ALL OFFERS~!!!!! Proudly presenting The Decollage, a brand NEW 51 unit mixed-use development WITH NO LOW INCOME UNITS, located in booming Koreatown in Los Angeles! Leasing of the units have commenced and expected to have the building stabilized soon. The Decollage has approximately 3,500 sq ft of ground floor commercial space with a separate parking lot with 16 spaces dedicated solely for the commercial space. 5 levels of apartments sit above the commercial space with a generously spacious unit mix of 16 1bd/1ba, 28 2bd/ba, 7 2bd/2ba+loft with a total of 116 parking spaces. The building amenities include an open courtyard, gym, recreation room, and roof decks for tenants. The Decollage Apartments is located in a very convenient and central location. Decollage Apartments are within 2.5 miles from the Staples Center & LA Live, very close to USC, UCLA, easy access to major freeways, public transportation, and plenty of markets, and restaurants. No low-income units in the building or any deed-restricted units, all 51 units will be available at current market rates and is non rent-controlled. Minimal expenses for the owner as each unit is individually metered for electricity, gas, and sub-metered for water. Don't miss out on this excellent opportunity!

1151 W 29th Street Los Angeles, CA 90007

$29,500,000
4 Units
Status Active
MLS # 22178303
Property Type Residential Income
Price Type --
We are pleased to present the opportunity to acquire The 29TH Street Portfolio, an eleven (11) building, 110-Bedroom, Student Housing Portfolio, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC).Consisting of 11 separate structures, The 29TH Street Portfolio provides investors the opportunity to acquire a sizable presence in one of the most desirable infill student housing markets in the United States. Additionally, while the properties have been well maintained under current ownership, they are well suited for common area upgrades and interior unit remodeling/ updates that will further increase cashflow and returns. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2022-2023 year perfectly positioned to benefit from the enrollment growth in an under-supplied student housing market. The following properties are being sold together as a portfolio sale: 1137 W. 29th Street, LA 90007, 1151 W. 29th Street, LA 90007, 1159 W. 29th Street, LA 90007, 1173 W. 29th Street, LA 90007, 1179 W. 29th Street, LA 90007, 1329 W. 29th Street, LA 90007, 2830 Menlo Ave, LA 90007, 1358 W. 29th Street, LA 90007, 1360 W. 29th Street, LA 90007, 1535 W. 30th Street, LA 90007, 1481 W. 25th Street, LA 90007.

2391 Roscomare Road Los Angeles, CA 90077

$24,995,000
10 Units
Status Active
MLS # 21759816
Property Type Residential Income
Price Type --
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. A NEW $16.6M ASSUMABLE LOAN HAS BEEN PLACED ON THE PROPERTY AT 3.77%, FIXED FOR 10 YEARS (APPROXIMATELY 9 YEARS LEFT), INTEREST ONLY AND MUST BE ASSUMED WITH PURCHASE. 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.

1617 N Fuller Avenue Los Angeles, CA 90046

$22,995,000
60 Units
Status Active
MLS # 22185081
Property Type Residential Income
Price Type --
Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles. This Property has been in same family for over 30 years. Rents are 100 % below market ! The Market Cap Rate is over 7 % with a 10 x GRM . The Property boasts a lobby - pool- elevator - and room to add multiple ADU's , a gym and a roof top deck. Walk score here is 94. Premiere hiking trails nearby as well as Hollywood and Sunset Blvd eateries and shops. This is an amazing rental area -one of the most trendy, desirable and walkable neighborhoods in LA.Metro line is only a 15 min walk away and centrally located with Easy access to 101 freeway , Downtown and the San Fernando Valley. There is a tremendous amount of development and job availability in the immediate area. Netflix, Sunset Gower Studios, Nickelodeon, Capital Records within 15 min away. The property was built in 1965 but completely renovated in the 1980's.

5401 Sepulveda Boulevard Sherman Oaks, CA 91411

$22,500,000
91 Units
Status Active
MLS # 22177669
Property Type Residential Income
Price Type --
Recent upgrades to the buildings are: exterior LED lighting to the front of the building and common area corridors, new security fencing, new outdoor furniture for both pools, 4 new washers and 4 new dryers (seller owned), solar paneling, concrete redone for two driveways (entry and exit) access, 22 of the 91 units have been upgraded with new wood laminate flooring, new wall A/C, new lighting, granite countertops, new kitchen sinks and cabinets, new kitchen appliances (stove and microwave), new bathroom sinks and cabinets, new plumbing and remodeled showers.

218 S Occidental Boulevard Los Angeles, CA 90057

$21,000,000
39 Units
Status Active
MLS # 22153293
Property Type Residential Income
Price Type --
Occidental Gardens is a five-story, 39-unit brand new construction apartment building located just north of W 3rd St, walking distance to prime Koreatown. Located in one of the most coveted submarkets in all of Los Angeles, this is a prime opportunity for an operator to purchase a brand-new asset and lease the units at market rates immediately. All 39 units are market-rate units with no affordable housing requirements. Construction is set to be completed and the certificate of occupancy is scheduled to be issued in late-2022 and the property will be delivered 100% vacant at the close of escrow.Occidental Gardens is a unit mix made up of six singles and 33 one bedrooms. The units all have spacious, open layouts with singles ranging from 614-645 SF and one-bedrooms ranging from 820-1,710 SF. Additionally, there are two levels of parking totaling 47 spaces, giving an investor the opportunity to collect income from the excess parking spaces. The units have been meticulously constructed with vinyl flooring, stacked washers and dryers, stainless steel appliances, recessed lighting, and modern bathrooms and kitchens. Additionally, each unit features either a patio or balcony. There is also a recreation room on the fifth floor for residents' enjoyment.The subject property is situated in an ideal neighborhood with easy access to prime Koreatown and a short commute to Downtown Los Angeles. The strong rental submarket continues to increase year-over year illustrated through the plethora of new developments of all product types within a few miles. The subject property has a walk score of 90 and is within walking distance to multiple metro local line stops on W 3rd St and in close proximity to the metro red and purple lines.

14609 Saticoy Street Van Nuys, CA 91232

$18,900,000
70 Units
Status Active
MLS # BB22177401
Property Type Apartment
Price Type --
SEE PACKAGE ATTACHED. Four Building, 70 Units, Multi-residential Portfolio. One building in the City of Van Nuys (32 Units with excellent unit mix – 6 @ 1+1 & 26 @ 2+1.5). Two of the buildings are in Winnetka, CA and consist of an entire block for potential future development (20754-20764 Hartland St., Winnetka – 18 Units). One building is in Canoga Park (20 Units). All buildings have onsite laundry and is owned by Owner (Not leased). Tremendous upside in rents. All Buildings have been Earthquake Retrofitted (if they needed it).

1520 Yosemite Drive Los Angeles, CA 90041

$18,850,000
53 Units
Status Active
MLS # 22182627
Property Type Residential Income
Price Type --
We are pleased to present the opportunity to acquire a rare, 53-unit, multifamily value-add opportunity at 1520 Yosemite Drive in Eagle Rock, California. Offered for the first time in over 35 years, 1520 Yosemite is ideally situated in the center of Occidental College, Colorado Blvd, Eagle Rock Blvd & York Blvd Shopping, Cafes, Restaurants, Bars & Transportation. Delivered with 10 vacant units, this newer 1986 construction property offers an investor an extremely rare opportunity for a generational asset in one of the highest rental demand submarkets in Los Angeles. Not subject to the City of La Rent Stabilization Ordinance, an investor can take advantage of the statewide allowable rent increases (lower of 5% + CPI or 10%). The current long-term owner hasn't increased rents for years so all the units are eligible for max rent increases. The property consists of one free standing 2 bed 1 bath house, twenty-four 2 bed 1.5 bath units and twenty-eight 1 bed 1 bath units with balconies in every unit. With 53 tandem parking spaces (106 total), this is a great opportunity for an investor to convert some of the parking into additional ADUs to create substantially more revenue

800 N Vermont Avenue Los Angeles, CA 90029

$16,995,000
62 Units
Status Active
MLS # 22167873
Property Type Residential Income
Price Type --
We proudly present 800 N Vermont Ave, a heavy value-add opportunity for investors with approximately 47 of 57 units delivered vacant at close of escrow. The current unit mix at the property consists of 6 one bedroom units, 40 studios, 11 bachelors and 5 ground-floor retail spaces. Buyer has the ability to renovate and lease units at market rate, and can add value by reconfiguring and converting bachelor units to studios, studio units to junior one bedrooms, and one bedroom units to one bedroom plus den. The building also includes a large basement that encompasses almost the entire footprint of the structure, making it eligible for approximately 11 ADUs or a communal space/amenities room for tenants that could feature a fitness center, co-working space, game room, or dog washing station etc. 800 N Vermont Ave is excellently located in an Opportunity Zone and across the street from LACC (28,000 students). The location shows proof of concept for immediate micro-location - Panda Express and Everytable recently signed new leases one block north at 850 N Vermont Ave. Buyer can re-brand ground-floor retail units to significantly increase rents and improve curb appeal for LACC foot traffic. The property includes approximately 22 parking spaces, and the owners are currently upgrading the building to individual electric meters. The subject property is ideally located along the Los Angeles Metro Red Line (walking distance from the Vermont/Santa Monica Station), which runs from North Hollywood all the way to Downtown. Tenants enjoy ease of access to these major employment centers as well many Los Angeles neighborhoods and adjacent bus lines. It sits at the confluence of Virgil Village, East Hollywood and Silver Lake. Popular attractions nearby include the Silver Lake Reservoir and dog park, Sqirl, Erewhon, Night + Market, Alfred Coffee, Silverlake Ramen and many more.

11955 Culver Boulevard Los Angeles, CA 90066

$16,890,000
24 Units
Status Active
MLS # 22184431
Property Type Residential Income
Price Type --
Hive Culver is a magnificent brand new, 24 unit apartment building in a prime West Los Angeles location. The property is ideally situated on the northeast corner of Culver Blvd. & Inglewood Blvd in a spectacular centrally located neighborhood. The building offers a unique mix of modern residences which include 14 One Bedroom + One Bath Units, 2 Two Bedroom + One Bath Units, 2 Two Bedroom + Two Bath Units, 3 Penthouse Loft + 1.5 Bath Units, 3 Penthouse Loft + Den + 1.5 Bath Units, and a ground floor Commercial Space. Hive offers tenants a luxurious living experience with exquisitely designed apartments featuring an array of amenities including: spacious bedrooms and closets, in-unit washer/dryers, luxury vinyl flooring, custom built-in kitchen/dining tables, stainless steel appliances including refrigerators, microwaves, stoves & dishwashers, and select units are equipped with balconies. Community amenities include a beautifully landscaped rooftop deck with breathtaking panoramic views of the city, breezeways on upper floors with city views, key fob entry, and two levels of secured/gated parking for 30 vehicles. The property is currently in the lease up phase and the rents and expenses listed are projected.

101 Dudley Avenue Venice, CA 90291

$12,998,000 - Br/0Ba -  for Sale in Venice
New
$12,998,000
29 Units
Status Active
MLS # SR22181465
Property Type Residential Income
Price Type --
One of Venice’s most iconic buildings, 101 Dudley Avenue has been a Venice mainstay since its construction in 1914. A highly visible property on Pacific Avenue, 101 Dudley Avenue is a premier Venice location just steps from The World-Famous Venice Beach & Boardwalk. 101 Dudley Avenue itself is actually a public footpath designed for convenient beach access. Altogether, the property is 29-units, 22 of which are guest-rooms with common area bathrooms which lock for privacy and are kept clean by property management. 5 singles and 2 one bedroom-one bath units round out the total unit-mix. The property also features 11 surface parking spaces (a luxury for the area), all of which collect additional income. The larger units include exposed brick walls, wood floors, and high ceilings. Given the ideal location and unit-mix, there’s unique optionality in targeting long or short-term rentals. The property features on-site laundry, entry courtyard, and is a secured access property. Buyer to verify all info. This is a RARE opportunity to acquire Venice history. The property is well-located in one of the most celebrated and coveted locations in the country. There’s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by Main Street, Abbot Kinney, and Rose Avenue – All within a short walk. The property is at the center of everything. Adjacent neighborhoods include Santa Monica and Silicon Beach.

2731 Beverly Boulevard Los Angeles, CA 90057

$12,750,000
66 Units
Status Active
MLS # 22135219
Property Type Residential Income
Price Type --
Gorgeous architecturally prominent 4 story building in the area referred to as Rampart Village that is quickly becoming the new Echo Park and Silverlake and minuted from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect CASH FLOW deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. ****There is a fantastic assumable loan in place at 2.75 % for 4 more years - $7,350,000*** Interest only.