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OC22248909 MLS Active Status
EXCELLENT FINANCING OPPORTUNITY!!! .........SELLER WILL CARRY THE FIRST TRUST DEED LOAN, and close quickly if needed, on this EXCEPTIONALLY WELL LOCATED SPICE STREET 4-PLEX IN ONE OF THE BEST LOCATIONS IN THE TRACT. The last sale in the tract is located directly across the street from the subject property and closed escrow on 10/8/21 at the price of $2,097,950. The subject property, although in need of upgrading, is well worth the Seller's asking price and provides a great value add opportunity for the Buyer. The property is being SOLD "AS IS". The Seller will even consider an offer from your Buyer who may want to 1031 Exchange there single family rental property into this 4-Plex providing the single family rental is in good condition and has a good tenant in place at or near market rent. To the rear of the property is a nice, clean single loaded concrete alleyway. The property offers an Excellent Unit Mix with (1) single story ground floor 3br-2ba /fireplace unit with no one above and (3) 2br - 1 3/4ba units. The front tenant has been in the unit for almost 50 years. There are 2 double garages and 1 single garage. The rent for unit "C" does not include tenant having a garage. This building is at the end of the block with lots of open space to the west of this property creating a very open-air feeling for the tenants. Rents quoted become effective Jan 1, 2023. Projected rents shown assume units being nicely remodeled. Please, please "DO NOT DISTURB TENANTS" Hurry to take advantage of the many benefits offered by this proper/Listing.

1642 Coriander Drive, Costa Mesa

OC22240413 MLS Active Status
Located in a quiet, residential area bordering Monterey Park and Montebello, this well kept, low maintenance apartment building features five comfortable units: one sunny 2-bedroom front apartment with large picture windows overlooking the garden, and two one-bedroom apartments on the ground level and two above the four spacious garages. Key Points: • One turnkey apartment is ready for you to select your own tenant and price at market rate or to keep as an owner-occupied unit. • Ground level units have updated kitchens featuring granite counter tops, newer cabinets, and light fixtures as well as ceiling fans in either the bedroom, living room or kitchen. • All units include laundry facilities or service porches either within the apartment or just below their unit (currently used for storage by management). • Bathrooms have been updated with tile, vanity, and light fixtures in three units. • Building is located in Unincorporated Los Angeles and is not bound by Los Angeles CITY rent control although subject to Los Angeles County rental laws. • The development of ADU(s) in the current garage spaces to be considered by investor with verification by the Planning Department. • Easy access to bus and Metro L (Gold) line and proximity to Downtown Los Angeles, Dodger Stadium, several universities and shopping areas. Although highly desirable now, the location will likely increase its appeal due to the upcoming 2028 Olympics in Los Angeles. • Landscaping and plants have been modified for reduced water needs and minimal gardening, watering or maintenance requirements. • Newer windows in most of the ground level units. • Security cameras in place to monitor the building from afar.

5407 Via Corona Street, Unincorporated

7 Beds 4 Baths 22222345 MLS Active Status
Fully Vacant Updated Character Craftsman Duplex with huge porches both upstairs and down. Downstairs features light filled living room, brick fireplace surround. Large sunshine infused dining room. Spacious remodeled kitchen with Quartz Calcutta Alaska counters and backsplash, new appliances. Huge laundry room. Large hallway coat closet. 3 beds and 1.5 baths down. Upstairs features huge walk in coat closet downstairs in entry. Charming staircase and spacious landing at the top of the stairs. Huge living room with high ceilings, amazing sunshine, fireplace, exterior door to private wrap-around patio. Sun drenched office with charming built-ins in turret over the driveway can also be a fourth bedroom. Grand dining room with 3 large windows. Newly remodeled kitchen with stone counters, stove, oven, dishwasher, fridge/freezer. Huge laundry room with exterior door to yard. 3 beds + office (4th bed) + 1.5 baths upstairs. Large original character base molding, new beautifully stained original hardwood floors up and down. Two garages at the back of the driveway. Comes with RTI plans to build a two story 2 unit ADU; each of the 2 ADU units would be 2 bed/2 baths with kitchen + laundry - one unit upstairs and one unit downstairs. Upgrades include: EXTERIOR: upgrades and repairs to exterior and drainage, new flagstone on front elevation and chimney, new wood fencing on all porches, new drought resistant landscaping throughout property, new low voltage exterior lighting on front lawn, new exterior light fixtures, paint on entire exterior. INTERIOR: new wood cabinetry in kitchen and bathroom, new quartz countertop and backsplash, all new SS appliances in kitchens, new light fixtures, repaired and refinished hardwood floors, new floors in kitchens, laundry rooms, water heater closets, powder rooms, new plumbing fixtures, new water heaters, paint on entire interior. BRAND NEW CENTRAL HVAC INSTALLED BOTH UPSTAIRS AND DOWNSTAIRS. Amazing central location on beautiful tree lined street! Easy to show!

1053 S Hudson Avenue, Los Angeles

CV22250051 MLS Active Status
SELLER FINANCING & INTEREST ONLY! We are pleased to exclusively present the opportunity to acquire 818 West Huntington Drive in the city of Arcadia, California. The offering consists of eleven plus one non-conforming condominiums with separate APNs within a twenty-unit complex. The property is a two-story building constructed in 1959 with a building size of 8,558 square feet and a lot size of 21,572 square feet. The property has an excellent unit mix of two studio/one-bathroom floor plans, four one-bedroom/one-bathroom floor plans, and six two-bedroom/one-bathroom floor plans. The condominiums feature wall units for heating and air conditioning, and there is an open green belt area in the center of the property for residents’ enjoyment. Select units have been upgraded with laminate flooring, granite countertops, dishwashers, and mirror closet doors. All condominiums have dual-pane windows. The property is separately metered for gas, electricity, water and offers an on-site laundry facility. There are individual hot water heaters, eleven carport parking spaces with storage bins, and six open parking spaces. The association pays for common area maintenance, insurance, common area gas, electricity, water, and trash. The subject property is located on the south side of Huntington Drive just west of Baldwin Avenue, two of the principal thoroughfares in the city of Arcadia with an average daily traffic count of 39,499, and with easy access to the Interstate 210 freeway and California Highway 19 which takes commuters west to Los Angeles and east to cities in the Inland Empire. The property is centrally located with countless restaurants, shopping centers, department and grocery stores within a two-mile radius, including Westfield Santa Anita Mall, 99 Rancho Market, H Mart, Vons, and CVS. In addition, the city of Arcadia also offers multiple outdoor recreations such as the Santa Anita Racetrack, Los Angeles Arboretum and Botanical Gardens, and Santa Anita Golf Course. Finally, Arcadia Unified School District is ranked in the top 1% for best school district with the best teachers in Los Angeles, California, and America in several local and national rankings.

818 W Huntington Drive, Arcadia

4 Baths 22221423 MLS Active Status
Welcome to this premiere opportunity for a modernized commercial/office/residential mixed-use building in the heart of Venice, at a CAP RATE of 5.4%! Located on one of the most well-known streets in Los Angeles, this building is perfect for an owner/user or as a high-return investment opportunity. Endless options are here in this well-maintained building, which was completely remodeled in 2014, and offers you the perfect property for your 1031 exchange and passive income investors. With amazing frontage, this property is made up of 3,603 sqft divided into 4 retail/office units. All units are tenant occupied with all three 1st floor retail spaces ranging between 660 to 768 sqft, with the entire ground floor (all three units) rented to a well-known local favorite pet store. The entire bottom floor space has been thoughtfully curated and is a perfectly cohesive space yet can easily be turned back into three separate spaces. Two bathrooms on the ground level and plenty of storage. Move upstairs to a fabulous designer-done office space that makes up the entire second floor. This open-concept space offers a kitchen, two bathrooms, and a conference room. Enjoy a fabulous expansive roof deck patio, with a beautiful trellis that encapsulates the space and gives an indoor/outdoor flow truly the perfect space! Located on "The Linc" you are in one of the most well-desired parts of the Lincoln Corridor. You are surrounded by amazing boutique shops, restaurants, and a quick walk to the new Venice West live music venue. Situated in a high-traffic area, within a mile of Abbot Kinney and the beach, this is one of a kind and not one to be missed!

2010 Lincoln Boulevard, Venice

28 Beds 48 Baths 22222427 MLS Active Status
Though the property was originally constructed prior to 1978, The Avalon Apartments is exempt from the City of Los Angeles' Rent Stabilization Ordinance. The City allows an exemption from the RSO for properties that underwent "substantial renovation" and filed proper documents prior to October 1989 (Buyer to verify). An investor can capitalize on the property's recent upgrades, which added modern amenities while preserving the building's vintage 1920's charm, in an effort to recapture the approximately 22% rent upside. The building's plumbing system has been replaced with copper pipes, while the roof has also been replaced in recent years. The owner has upgraded the electric system, with new electric wiring and new subpanels, while also undertaking the expensive and beneficial project of separating the previously master metered electric line such that all units are now individually metered for electricity. A brand new water heater was just installed in recent months as well. Koreatown remains one of the densest submarkets in the United States, with approximately 42,611 residents per square mile. With the average asking price of a single-family home in Koreatown at more than $2,000,000, most residents are priced out of local homeownership, leading to increased demand for rental apartments. In fact, 94% of Koreatown residents live in rental housing, and rents in this submarket are predicted to increase by more than 10% in the next five years. Situated near the intersection of 3rd Street and Vermont Avenue, the asset allows tenants convenient access to one of Koreatown's busiest retail corridors. The iconic Wilshire Vermont mixed-use transit village, developed in 2007 for $136 million, is mere blocks from The Avalon Apartments. Other nearby attractions that contribute to the property's Walk Score of 93 and designation as a Walker's Paradise are The Wiltern, City Center on 6th, Shatto 39 Lanes, and The LINE Hotel.

324 S Catalina Street, Los Angeles

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.

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