Perris City CA Multi-Family Real Estate, Homes for Sale

260020209SD MLS ⋅ Pending Status

4527-49 Olney St is a turnkey 4-unit Pacific Beach property featuring a private, detached 2BR/1BA home plus a separate triplex consisting of three 2BR/1BA units. Situated on a 6,237 SF RM-2-5 lot extending from Felspar St to the alley, the property has undergone significant recent improvements, including new roofs, electrical, windows, fencing, turf, landscaping, and concrete. All four units feature in-unit laundry and separate gas/electric meters, with two water meters serving the property. Two units have been fully renovated, including the detached home, which offers a private gated yard, island kitchen, and mini-split A/C. Two units will be delivered vacant and lease-ready, while the remaining two are occupied by month-to-month tenants. Alley access provides two open parking spaces, two covered carport spaces, plus tandem parking. Ideally located in a quiet residential pocket of Pacific Beach, just blocks from Mission Bay and the beach.

4527 49 Olney St, Pacific Beach/Mission Beach

$1,199,000

MB26180974 MLS ⋅ Active Status

JUST LISTED! Exceptional 5-unit multifamily investment opportunity in Los Angeles, offered at $1,299,000. The property consists of two separate buildings featuring a completely renovated detached 2-bedroom, 1-bath single-family residence and a separate 4-unit apartment building. The detached residence is currently vacant and offers a private entrance, front yard, and 3-car parking. The 4-unit building features a 2-bedroom/1-bath unit currently leased at $2,100/month, a newly remodeled 3-bedroom/2-bath unit currently vacant, a newly renovated 1-bedroom/1-bath unit currently vacant, and a 3-bedroom/2-bath unit currently leased at $2,900/month. Three of the five units are currently vacant, providing an investor with immediate lease-up and income-growth potential. The property offers a desirable mix of 1-, 2-, and 3-bedroom units, renovated interiors, and approximately 7 parking spaces. Owner currently pays water and trash, while tenants generally pay their own gas and electricity. One occupied unit participates in the Section 8 program. Offered at $1,299,000, this property presents an excellent opportunity for an investor seeking a value-add multifamily asset with substantial upside through stabilization and lease-up.

1035 W 107th, Los Angeles

$999,999

ML82058147 MLS ⋅ Active Status

Located at 5465-5467 Mission St. This mixed-use building is prime for value-add investment opportunity. Long term, stable, commercial unit downstairs. Vacant 2Bed/1Bath residential unit upstairs with formal living room, formal dining room, and refreshed kitchen with new appliances. High-Visibility Location on Mission Street. Zoning designation allows a wide variety of commercial and residential uses.

5465 Mission Street, San Francisco

$800,000

GD26175991 MLS ⋅ Active Status

Prime Westlake Multi-Family Asset – Turnkey Triplex with Value-Add Potential Exceptional investment opportunity located at 2006 W 12th Street in the high-demand Westlake area of Los Angeles, presenting a strategic addition to any real estate portfolio. Positioned just minutes from Downtown Los Angeles (DTLA), the property offers unprecedented proximity to premier regional hubs, including The Vermont Shopping Center, the Los Angeles Memorial Sports Arena, the historic Bradbury Building, and the world-renowned Walt Disney Concert Hall. This high-visibility location ensures consistent tenant demand, facilitated by immediate access to the 110 Freeway and essential local infrastructure like the municipal fire and police departments. This property is composed of two buildings. A two-story building in the front and a single-story unit in the back. Units are in normal condition with a six-car parking area. Unit 1 (2006 A) has 749 sq ft living space with laminated flooring, 1 bedroom, and part of the living space has been used as another bedroom, 1 bathroom remodeled with a walk-in shower, kitchen was remodeled with a granite countertop, and new refreshed cabinets. Unit 2 (2006B) is located on the 2nd level with access from the front and back of the property, 749 sq ft living space, 1 bedroom, 1 bathroom, kitchen, and laundry room. Unit 3 ( 2006 1/2 ) is located in the rear with 668 sq ft living space, 2 bedrooms, 1 bathroom, a kitchen, and a living room with laminated flooring. The property was painted, new roof, new gutters, new water heaters, and copper plumbing added years ago; it was built in 1920, with a total of 2166 sq ft living space, 6083 sq ft lot, RD1.5-HPOZ zoning, and APN 5136-023-003.

2006 12th Unit 3, Los Angeles

$8,000,000

27 Beds ⋅ 24 Baths ⋅ 26873611 MLS ⋅ Active Status

323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it from many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an exceptional Downtown Glendale location within walking distance of The Americana at Brand, the Glendale Galleria and a wide variety of restaurants, cafs, entertainment venues and everyday services. With a Walk Score of 96, designated a "Walker's Paradise," residents can complete most daily errands on foot, providing the property with a meaningful competitive advantage and supporting its long-term rental appeal. 323 E Chestnut Street presents investors with the opportunity to acquire a substantially renovated Glendale apartment community offering a favorable unit mix, attractive resident amenities, exceptional walkability, all in a highly sought after downtown Glendale location.

323 E Chestnut Street, Glendale

$1,650,000

OC26180853 MLS ⋅ Active Status

Prime Developer/Builder Opportunity - 13,880 SF + 8,660 SF (Double Lot total = 22,540 SF) Unique opportunity to create your dream home while generating income from two additional units (3 separate dwelling units total + 4 single car garages). Situated on two adjacent parcels totaling approximately 22,540 square feet, the property offers exceptional flexibility and long-term potential. Remodel the existing front residence or explore building a new custom home while retaining the two rear units as income-producing rentals. The adjoining undeveloped parcel provides additional space for outdoor living, gardens, recreation, or future development. In addition to the 4 single garages (2 currently leased) - the mostly flat site features easy road access and convenient curb parking. An ideal opportunity for an owner-user seeking a spacious residential property with supplemental rental income. Development and use possibilities are subject to applicable zoning, permits, and governmental approvals. Owner to consider financing.

2284 Holly Drive, Los Angeles

$7,000,000

20 Beds ⋅ 21 Baths ⋅ 26873639 MLS ⋅ Active Status

1042 Western Avenue, a well-maintained, 17-unit multifamily community located in a highly walkable Glendale neighborhood. Built in 1963, the property contains approximately 11,058 square feet of building area and features a favorable unit mix consisting of two studio apartments, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and four two-bedroom/two-bathroom units. The unit count includes one permitted accessory dwelling unit. Ownership has recently remodeled 15 of the property's 17 units, providing an investor with the opportunity to acquire a substantially renovated apartment community with limited near-term interior capital requirements. The remodeled units feature new flooring and appliances, quartz countertops and updated HVAC systems. The units also offer large closets and generous interior storage, providing residents with comfortable and functional living spaces. On-site amenities include a swimming pool and laundry facilities. The property also contains seven large storage units, which may be rented separately to generate additional income. Subject to an investor's independent investigation and applicable governmental approvals, the storage area may also present the potential for conversion into an additional accessory dwelling unit. The property is located just a short drive from Downtown Burbank, providing residents with convenient access to its extensive collection of restaurants, shopping, entertainment venues, major employers and media-industry employment centers. The property's strategic location between Glendale and Burbank, along with its proximity to neighborhood amenities and everyday services, contributes to its continued rental appeal. 1042 Western Avenue presents investors with the opportunity to acquire a substantially renovated Glendale apartment community with approximately 15% upside in rents, that also offers a diversified unit mix, attractive resident amenities and multiple potential avenues for additional income and long-term value creation.

1042 Western Avenue, Glendale

$480,000

OC26180866 MLS ⋅ Active Status

Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

1417 Oregon, Bakersfield

$2,350,000

AR26180833 MLS ⋅ Active Status

Two adjacent mixed-use properties are being sold together at 139–153 W Arbor Vitae St., Inglewood, CA. The combined offering includes retail, residential, and storage components in a high-demand corridor near Hollywood Park, SoFi Stadium, the Kia Forum, and LAX. 153 W Arbor Vitae St. features a 1,794 SF commercial market on the ground floor with four residential units above, while 139 W Arbor Vitae St. includes a 2,500 SF dance studio on the ground floor and a spacious 6 bed / 2 bath residence upstairs. Together, the properties offer approximately 5,776 SF of apartment space and 4,293 SF of retail space, along with garages, tandem parking, and storage

139 W Arbor Vitae, Inglewood

$2,200,000

SB26180743 MLS ⋅ Active Status

Discover an exceptional investment opportunity in the heart of Long Beach’s vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property’s existing four-car garage, providing secure, private on-site parking—an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property’s overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach’s most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.

1056 E 6th Street, Long Beach

$1,190,000

PW26180598 MLS ⋅ Active Status

Newer duplex featuring two spacious units, each offering 5 bedrooms and 4 bathrooms, plus a detached 3 car garage. Each unit provides generous living space and excellent rental potential. Ideal for an owner user looking to live in one unit while generating rental income from the other, or for investors seeking a strong income producing property. Conveniently located near major freeways, shopping centers, dining, and everyday amenities. A great opportunity to own a versatile duplex with excellent potential for both comfortable living and investment.

1645 E 117th Street, Los Angeles

$975,000

5 Beds ⋅ 4 Baths ⋅ 26873871 MLS ⋅ Active Status

We are pleased to present a triplex located at 5623 Woodman Ave in Van Nuys, California. The subject property is located in a great Van Nuys location, just north of Burbank Blvd and west of Fulton Ave. Located in Van Nuys adjacent to Sherman Oaks, this triplex features a front house and rear duplex, presenting an excellent owner-user and value-add opportunity. One unit will be delivered vacant in partially stripped condition, allowing for comprehensive renovation and repositioning, while approximately 25% rental upside enhances income potential. The property includes three garage parking spaces with potential for ADU conversion, subject to buyer verification. A charming, shared courtyard and mature landscaping provide privacy, shade, and outdoor leisure space. The property also qualifies for 30 year fixed residential financing and offers convenient access to major commercial corridors, the 101, 405, and 170 freeways, Metro Orange Line, recreation, dining, shopping, and everyday amenities throughout Van Nuys and Sherman Oaks. With a flexible triplex layout, vacant value-add unit, strong rental upside, ADU potential, and a great central Van Nuys location, the property presents a compelling opportunity for both owner-users and investors.

5623 Woodman Avenue, Los Angeles

$1,275,000

5 Beds ⋅ 4 Baths ⋅ 26873701 MLS ⋅ Active Status

Exceptional Los Angeles Triplex Investment Opportunity. This charming traditional-style triplex offers classic architectural character and is ideally located just minutes from Inglewood, SoFi Stadium, Kia Forum, shopping, dining, public transportation, and major freeways. The property features a front duplex with two 1-bedroom, 1-bath units, plus a detached 3-bedroom, 2-full-bath single-family residence offering privacy and strong tenant appeal. All three units have been completely remodeled and feature their own private laundry rooms and separate utility meters. Tenants pay all utilities, including water, helping reduce operating expenses and support positive cash flow. Plenty of on-site parking adds convenience and value. Take advantage of current market rents, a desirable unit mix, strong rental demand, and long-term appreciation potential. An excellent opportunity to strengthen your portfolio with a well-positioned, income-producing Los Angeles property. Buyer to verify all property information.

1738 W 82nd Street, Los Angeles

$295,000

JT26178134 MLS ⋅ Active Status

Located in the Four Corners area of 29 Palms, this well-maintained duplex on a .39 acre double lot offers an incredible opportunity for investors or those seeking multi-family living. Each unit features 2 bedrooms and 1 bath, with a thoughtfully designed layout that balances comfort and functionality. Step into the welcoming living space adorned with stylish wood-look flooring. The open dining area connects seamlessly to both the living room and kitchen, creating a bright and inviting atmosphere. Sliding glass doors lead to a private, covered patio and the backyard—perfect for relaxing. The units' kitchens are a chef’s delight, boasting beautiful butcher block countertops, full tile backsplashes, and ample cabinet space. Bathrooms are equipped with a tub/shower combo and durable tile flooring. Generously sized bedrooms provide comfort, while additional storage in the hallway keeps your space organized. Each unit offers the convenience of a private outdoor laundry facility, and a carport separates the units, ensuring privacy with no shared walls. Situated near the heart of 29 Palms, this property is close to shopping, dining, schools, and other local amenities. Plus, it’s just minutes from the entrance to the stunning Joshua Tree National Park, making it a dream for nature lovers and outdoor enthusiasts. Don’t miss out on this centrally located gem—ideal for generating rental income or enjoying as a residence with added flexibility!

6368 Tamarisk Avenue, 29 Palms

$3,750,000

ML82058116 MLS ⋅ Active Status

235 Alma offers a rare opportunity to own a unique office or live/work property in the heart of Downtown Palo Alto. The property is zoned CD-N (P) and the home has been used for SFR. SFR use is permitted non-conforming use. This meticulously updated (2025) property features two structures totaling approximately. 3940 SF, situated on +/- 5,625 SF parcel. The main building spans multiple levels and includes freshly renovated interiors with clean, modern, finishes, while the second structure provides adaptable office or flex space. Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add conveninece for occupants and visitors alike. The location is in close proximity to the PA Caltrain station and SB 79 is potentially applicable to this property.

235 Alma Street, Palo Alto

$2,395,000

260020188SD MLS ⋅ Active Status

Smell the Salt! South Ocean Beach Triplex only a super short block to beaches & pier, half a block to live music, award-winning (dog-friendly!) restaurants and shopping. 3 units consisting of (1) 2 bedroom-2 full bath, and (2) 1 bedroom, 1 bath spacious units, all with direct entry, private yards, upgraded windows, granite counters, independent electric meters, 2 separate One-car garages +3 On-Site spaces. Locomotion at its finest! ***Check out short term values. Nearby: Robb Sports Field, Dog Beach, Sunset Cliffs, Short drive to San Diego International Airport), Balboa Park, Mission Bay, Mission Beach, La Jolla Shores, Torrey Pines Hiking & Golf Courses. *[Buyer to verify all].

4985 89 Narragansett Ave, Ocean Beach (OB)

$2,995,000

PW26177898 MLS ⋅ Active Under Contract Status

119 2nd street in the quaint seaside town of Seal Beach, Orange County. Where the day begins with salt air and sunshine and ends with ocean views and sunsets on the inviting upper deck. ............This is the rhythm of life just four doors from the sand in Old Town Seal Beach. Set on a nearly double lot (4456 Sq ft), this two unit property gives you the freedom to spread out, entertain with ease, and enjoy the extra space throughout everyday life. The two story owner's residence spans approximately 2,365 square feet with three bedrooms, three baths, three private balconies, a family room, 2 fireplaces and an upper deck where panoramic Pacific Ocean views become part of the daily backdrop. The first floor main-level two-bedroom, two-bath residence creates flexibility for family, guests, or rental income and includes a private front yard, formal living room, gas fireplace and approximately 1000 sq ft of living space. This space lives like a separate home with only 1 attached wall-to the garage. This expansive property has the incredible potential to add additional living space. ( buyer to verify with the city planning dept). Two separate two-car garages (4 total garage spaces, 1 includes a bathroom with a shower) and two to three additional off-street parking spaces make it easy to host family and friends and with your own guest parking or simply come and go with ease. Other features of the property include updated kitchen in the owners unit, new flooring throughout, new quartz counter tops, new stove top, new oven and dishwasher, unique and custom windows throughout the owners unit, soaring ceilings in both units with an abundance of natural light. Plenty of space to spread out on this unusually large lot. Whether you are looking for a property to call home, income property, portfolio property or an investment property with potential for added income this location is truly amazing! Life here unfolds at a different pace. Morning walks along the shoreline, fresh ocean air, bicycle rides through town, time on the water, and evenings watching the sun disappear into the Pacific Ocean become part of everyday life. Enjoy viewing the added video of the property as well.

119 2nd Street, Seal Beach

$1,375,000

ML82058109 MLS ⋅ Active Status

Rare two-on-a-lot opportunity in the heart of South San Francisco. This unique offering includes a two-story, 3-bedroom, 1-bath home at 530 Baden Ave, plus a separate 2-bedroom, 1-bath home with a full basement tucked behind at 531 3rd Lane. Perfect for multi-generational living, rental income, or an owner-occupied setup with a built-in tenant the possibilities here are endless. The generous lot size offers exciting room for expansion, whether you're dreaming of an ADU, ground-up development, or simply more outdoor space to enjoy. An additional one-car garage at the rear serves the front home, adding valuable storage or parking. Don't miss this rare chance to own two homes, two income streams, and endless potential all on one lot in a highly desirable SSF location.

530 Baden Avenue, South San Francisco

$575,000

ML82058105 MLS ⋅ Active Status

Great investment opportunity in Stocktons desirable Quail Lakes community! This upgraded duplex features one 3-bedroom unit and one 2-bedroom unit, an attached 2-car garage, private patio, vaulted ceilings, and fireplace. Extensive 2021 updates include flooring, paint, remodeled kitchens and bathrooms, dual-pane windows, siding, lighting, fixtures, and more. Fully occupied by long-term, month-to-month tenants, generating $3,911/month ($46,932 annually) with potential for increased rental income. Located within the Lincoln Unified School District, near shopping, dining, parks, and commuter routes. A turnkey income-producing property with stable cash flow and future upside. (Photos are from 2021, prior to current tenant occupancy)

5665 Brush Creek Drive, Stockton

$998,000

ML82058104 MLS ⋅ Pending Status

Welcome to 730 & 732 N 14th St. This property is an excellent opportunity for extended family living or as a smart investment. Each unit features 2 bedrooms, 1 full bathroom, and a spacious layout with an open-concept kitchen with granite counter and dining area. Both units are equipped with individual forced-air heating, central A/C, private indoor laundry facilities, and detached garages. One of the garage has an EV charger. Homes has many updates inculding: replumbed, add 50 Amp garage circuit, newer garage doors and openers and many more.The property is well located and is surrounded by shopping centers and grocery stores, parks, downtown businesses, restaurants, cafes and etc. Only a few minutes away from Japantown and downtown entertainment and nightlife. Easy access to all freeways including HW 101, 880, 280 and 87

San Jose

$1,725,000

4 Beds ⋅ 2 Baths ⋅ 26872445 MLS ⋅ Active Status

Two Vacant Units | Prime WeHo Location | Owner-User Opportunity | WDR2 Development Potential Exceptional opportunity to acquire a rare West Hollywood duplex on a corner lot DELIVERED VACANT. BOTH UNITS! Ideally located with easy access to Melrose Ave, Santa Monica Blvd, the Sunset Strip and Fairfax Ave, placing some of LA's best dining, shopping and entertainment within easy reach. This highly walkable location is centrally positioned near Hollywood, Beverly Grove and Beverly Hills. Vacant delivery provides exceptional flexibility: live in one and rent the other at market rent, accommodate extended family, create separate work/guest space, or establish new rents for both units without inheriting existing tenancies. Situated on an approximately 4,067 SF WDR2-zoned lot, the property also presents compelling long-term potential for investors and developers to explore redevelopment, additional residential density and/or ADU possibilities. Whether envisioned as an owner-user duplex, income property, multi-generational residence, value-add investment or future development opportunity, 764244 Hampton offers the rare combination of vacancy, location, income potential and land value in the heart of West Hollywood. Buyer to independently verify zoning, density, ADU eligibility, State Density Bonus Law, SB 79 applicability, tenant/RSO history, demolition restrictions and all development possibilities with the City of West Hollywood. Offered at $1,725,000. Development, zoning, density, ADU and redevelopment possibilities are not guaranteed. Buyer and Buyer's representatives should independently verify all zoning, development standards, allowable density, incentives, permits and intended uses with the City of West Hollywood and other applicable governmental agencies.

7642 Hampton Avenue, West Hollywood

$2,350,000

260020177SD MLS ⋅ Active Status

OWNER USER POTENTIAL. LIVE IN A HOUSE W/3 HELPER UNITS IN BUNGALOW COURTYARD, IN A NEIGHBORHOOD OF VINTAGE HOMES, COURTYARD PROPERTIES, WALKING FRIENDLY- COMPLETE COMMUNITY - STORES, RESTAURANTS, BARS, SERVICES, TRANSPORTATION, BALBOA PARK. COMPLETE THE COURTYARD BY PURCHASING THE PARCEL TO THE NORTH- 5 1/1 CASITAS AND 1-2/1 W/GARAGE

3357 59 30TH, North Park

$995,000

PW26180588 MLS ⋅ Active Status

Investment opportunity near down town Los Angeles, One house with 3 bed/ 2 bath, private yard, long driveway and 1 car detached garage. Two 1 bed/1 bath units with their private front yard, 1 detached car garage each. They are in good condition and each unit has its own gas and electrical meters. Good rental area. Close access to 105 Fwy, SoFi Stadium, Hollywood Park, The Forum, Los Angeles County Museum of Art and Inglewood's down town shopping options give a vibrant atmosphere to the lifestyle. Don't let this opportunity to own a generating income property in Los Angeles and its future potential pass by, set up an appointment to preview it today!

1202 W 90th, Los Angeles

$1,999,999

SR26180485 MLS ⋅ Active Status

Irreplaceable 7-Unit Glassell Park Corner lot 3 building Compound Rare 7-unit multifamily compound consisting of three separate buildings on a prominent corner lot at Avenue 32 and Andrita Street in Glassell Park. The key investment story is the density. Zoned LARD2, the property’s existing seven-unit configuration exceeds what could typically be recreated under current zoning, creating a scarce legal non-conforming asset in a supply-constrained Northeast Los Angeles submarket. California ADU laws may also provide additional upside through conversion of existing garage or storage space, subject to buyer verification. The property includes a 1920s Spanish duplex with two large one-bedroom townhouse-style units; a 1958 fourplex with three one-bedroom units, one large two-bedroom unit, and four single-car garages; and a detached 1920s two-bedroom bungalow with private garden, patio, and two-car garage. Long-term ownership has maintained the property while preserving meaningful value-add opportunity through future unit renovations. Each unit is separately metered for gas and electric with individual water heaters. On-site laundry provides additional income. Six garages plus surface parking, multiple structures, strong existing density, in-place income, and a desirable Glassell Park location create a compelling combination of current yield, scarcity, and long-term upside. A bonus adjacent parcel to the north includes a long garage and large storage unit. Zoned LARD2. Subject to Los Angeles RSO. Buyer to verify units, permits, square footage, zoning, income, condition, and ADU potential with the City of Los Angeles.

3151 W Avenue 32, Los Angeles

$599,000

41145331 MLS ⋅ Pending Status

**Property Description** Well-maintained investment property located in a desirable Rancho Cordova neighborhood with convenient access to Highway 50, shopping, dining, schools, and major employment centers. The property is fully occupied with good tenants, offering immediate rental income. Many of the major improvements have already been completed within approximately the last five years, including a newer roof, exterior improvements, updated interiors, and A/C replacement. This is a great opportunity for an investor looking for a stabilized property with many of the larger capital improvements already addressed. Huge lot with over 10,000 sqft. Convenient location, established neighborhood, easy commuter access, and strong rental appeal make this an excellent addition to an investment portfolio.

10997 Hirschfeld, Rancho Cordova

$925,000

6 Beds ⋅ 3 Baths ⋅ 26873675 MLS ⋅ Active Status

Nestled along a beautiful tree-lined street in the heart of Highland Park, this charming 1883 multifamily property is a rare find, offering a spacious four-bedroom, two-bath upper residence alongside a two-bedroom, one-bath unit. Rich with original character and timeless Craftsman charm, the upper residence features high ceilings, generous light-filled rooms, and a spacious private front yard, creating a tranquil setting with plenty of room to live and grow. The rear residence enjoys its own spacious private backyard, ideal for relaxing, entertaining, or creating a peaceful outdoor retreat. Both units feature in-unit laundry. Located in the desirable Garvanza/Highland Park pocket, with convenient access to the shops, restaurants, and neighborhood favorites along the York Boulevard corridor. While the property would benefit from some thoughtful updates and TLC, its character, generous spaces, and unique configuration provide a wonderful canvas to restore and reimagine a distinctive piece of Highland Park history while enjoying the flexibility and potential of multifamily living. Additional Photos Coming Soon.....

276 Thorne Street, Los Angeles

$1,095,000

OC26180467 MLS ⋅ Active Status

Rare opportunity to own two separate homes on one lot in the heart of Mission Hills! With approximately 2,183 sq. ft. of combined living space, this versatile property is ideal for multi-generational living, owner-occupancy with rental income potential, or an investment opportunity. The front residence offers approximately 983 sq. ft. with 3 bedrooms, 2 full bathrooms, a functional floor plan, abundant natural light, and 2 parking spots. The rear residence offers approximately 1,200 sq. ft. It has its own separate address at 15419 Tuba St. This independent home features 3 bedrooms, 2 full bathrooms, a private entrance, and 4 parking spots, with separate utilities, providing privacy and flexibility for extended family, guests, or tenants. Each residence offers its own private parking space, adding convenience and independence for both homes. Live in one and rent the other, accommodate multiple generations, or take advantage of the income potential of two residences on one property. A truly unique gated property offering two separate 3-bedroom, 2-bath residences, each with its own address, private entrance, and dedicated parking space—an exceptional combination of privacy, flexibility, and convenience. Ideally located close major Freeways, restaurants, shopping, schools, parks, public transportation, and major freeways, providing convenient access throughout the San Fernando Valley and greater Los Angeles area.

15417 15419 Tuba Street, San Fernando

$1,400,000

WS26180449 MLS ⋅ Active Status

Excellent location, Great neighborhood! 3 units on one lot each consists of two bedrooms one bath with attached 2 car garage. All units are in good condition, spacious bright and airy. The last unit has a newer kitchen, newer bathroom and central A/C and Heat. Close to shopping centers, supermarkets, schools, public transportation and churches. Easy access to freeway. Mountain views. Must see to appreciate!

1717 Atchison, Pasadena

$1,988,000

41145316 MLS ⋅ Active Status

Live in one, rent the others! What if the potential rental income from a main home + Jr. ADU + ADU could help you qualify for this single-family home in a desirable residential community? Explore the possibilities of multi-generational living, rental income, and long-term investment potential—all in one property. This remodeled and updated property offers three separate living spaces, making it ideal for multigenerational living, extended family, guests, or potential rental income. The main residence features 3 bedrooms and 2 bathrooms with updated kitchen and living areas. One bedroom and full bathroom are conveniently located on the main level, along with sliding door access to the backyard. The renovated kitchen features stone countertops, built-in microwave, gas stove, stainless steel appliances, ample cabinet space, and direct backyard access for easy indoor-outdoor living. The Jr. ADU features a kitchen/dinette, bedroom, full bathroom, French doors, private entrance, and interior access to the main house. Its flexible layout can function as a separate living space or be closed off from the main residence for added privacy. The ADU includes an updated kitchen, bedroom, living room, full bathroom with step-in shower and waterfall showerhead, private entrance, separate electric meter, and dedicated mini-split HVAC. The large backyard offers a serene retreat with mature cypress and palm trees, spacious patio, and ample room for entertaining, gardening, outdoor activities, or relaxing. A beautiful pool with cascading waterfall feature and safety fence serves as the centerpiece, while solar heating extends enjoyment year-round. A leased solar system provides power to the main residence and Jr. ADU. The newly built garage features finished walls and a durable epoxy floor. Additional features include central A/C or mini-split HVAC in all spaces, fresh interior paint, dual-pane windows, and updated luxury vinyl plank flooring throughout. Conveniently located near schools, parks, shopping, HWY 84/Dumbarton Bridge, HWY 880, Tesla, Meta, and Silicon Valley.

6242 Montcalm Ave, Newark

$379,000

LG26180272 MLS ⋅ Active Under Contract Status

Excellent opportunity to own an upgraded duplex in Yucca Valley, offering two spacious 2-bedroom, 2-bathroom units, strong existing rental income, private outdoor space, and dedicated garages for each residence. Both units feature functional layouts with upgrades throughout, including updated flooring, kitchens, and bathrooms. Each residence also includes its own 2-car garage and additional storage. The property sits on a large lot with separately gated yard areas for both units, giving each household a sense of privacy and usable outdoor space. The property may also appeal to an owner-user looking to occupy one residence while generating rental income from the second unit, subject to the existing tenancies and applicable laws. Located in Yucca Valley, the property provides convenient access to local shopping, dining, services, and the surrounding High Desert communities.

7221 Murray, Yucca Valley

$1,595,000

RS26180355 MLS ⋅ Active Status

Proud to present 823 Lagoon Avenue in Wilmington, California 90744. This is a two-story, 7-unit complex that offers significant potential for the right investor.

823 Lagoon, Wilmington

$745,000

DW26180396 MLS ⋅ Active Status

Excellent Duplex Investment Opportunity in East Los Angeles! This well-located duplex offers an outstanding opportunity for an investor, owner-user, or multi-generational household looking to generate rental income while building long-term value. The property features two detached residential units. 947 & 949 Ford Blvd are situated on a spacious lot, providing excellent privacy and flexibility. The front unit, 947 Ford Blvd features 2 bedrooms and 1 bathroom, while the rear unit, 949 Ford Blvd offers 3 bedrooms and 1 bathroom. The detached layout creates a desirable separation between units and provides multiple possibilities for an owner looking to live in one residence while renting the other, or for an investor seeking income-producing property. The property offers generous parking, including garage parking and a long driveway, along with private front and rear yard areas. Additional features include separate utility meters and convenient access to major transportation routes and freeways, making commuting throughout Los Angeles and surrounding communities convenient. Located in the heart of East Los Angeles, the property is close to shopping, dining, schools, public transportation, and major freeways, including the 5, 60 and 710 Freeways. Whether you're an investor looking for a two-unit income property or an owner-user seeking additional rental income, 947 & 949 S. Ford Blvd. presents a unique opportunity in a highly accessible East Los Angeles location.

947 949 S Ford Boulevard Unit 1, Los Angeles

$1,550,000

ML82055048 MLS ⋅ Active Status

Excellent opportunity to purchase a very well maintained duplex. Both units are currently owner-occupied and will be delivered vacant at the close of escrow. This beautiful property offers two side by side identical floor plan units with a comfortable 3 bedrooms, 1.5 bath and approx. 1,180 sf each. It also features their own attached single car garage with interior access and large private backyard with a combined total lot size of 6,344 sf. Each unit has also been renovated throughout with newer kitchen, bathrooms, flooring, interior paint and landscaping. This property combines residential living with a smart financial strategy alongside ample space and practical features that's conveniently located near the Westgate Center off Saratoga Ave, Santana Row and Downtown Campbell. Rare opportunity to acquire this multi-unit property for long term investment or owner-occupancy. See you at the open house.

12741276 Flora Avenue, San Jose

$1,950,000

4 Beds ⋅ 4 Baths ⋅ 26873599 MLS ⋅ Active Status

Nestled in Prime Beverly Grove, this charming duplex combines timeless character and curb appeal with everyday convenience, featuring 2 bedrooms, a full bathroom, and a powder room in each unit, plus a spacious backyard. Located just around the corner from some of the city's best restaurants, cafes, and shopping on Melrose, Fairfax, and Beverly, this is truly one of the most accessible locations in Los Angeles with a stunning 96/100 Walk Score.

515 N Hayworth Avenue, Los Angeles

$1,599,000

41145308 MLS ⋅ Active Status

Rarely on the market! A wonderful fourplex configured as two duplexes on a large lot. Great opportunity for investor, multi-family residence or owner occupant. Conveniently located on a quiet street and very close to all amenities, including restaurants, movie theater, pubs, ice cream parlors, beach, premium South Shore shopping. Walker's paradise (Walk score of 93), Bike score of 75-78. Mostly flat terrain in Alameda. Fantastic location!

2305 San Jose Ave, Alameda

$4,995,000

NP26180031 MLS ⋅ Active Status

CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.

602 602.5 Marguerite Unit 2, Corona Del Mar

$1,850,000

41145307 MLS ⋅ Active Status

3125 Fernside Blvd Well maintained East End Home. Two bedrooms, two baths, with hardwood and tile flooring, dining area. Washer and dryer in house. Two car attached garage and yard This house is tenant occupied and must be sold with adjoining parcel #069-0130-213-00, Duplex 3129-3131 Fernside Blvd. Sewer Lateral compliant and Earthquake Shut Off Valve is installed. 3129-3131 Well maintained East End Duplex. Units are one bedroom with one bath, hardwood and tile flooring, separate yards, attached garage with one space parking for each unit. Each unit also has a storage closet in the garage. There is a coin operated washer ad dryer for these units. Units are separately metered. Sewer Lateral compliant and Earthquake Shut Off Valves are installed. Must be Sold with 3125 Fernside parcel # 069-0130-214-00 One owner is license California Real Estate agent.

3125 ,3129,3131 Fernside Blvd, Alameda

$1,395,000

P1-28493 MLS ⋅ Active Status

Charming Alhambra duplex opportunity in a desirable residential neighborhood. 301 W Adams Ave offers excellent flexibility for an owner-user, investor, or multi-generational living setup. Situated on a generous lot, this property features classic character, functional living spaces, and strong upside potential. Whether you are looking to live in one unit and rent the other, add to your income property portfolio, or explore future value-add possibilities, this property presents a rare opportunity in a prime Alhambra location. Conveniently located near local shopping, dining, schools, parks, public transportation, and major commuter routes, this property offers both everyday convenience and long-term rental appeal. Buyer to verify all permits, square footage, zoning, use, and development potential. Front house has a 3rd, unpermitted bedroom.

301 W Adams Avenue, Alhambra

$1,950,000

260020153SD MLS ⋅ Pending Status

Four units located in the heart of the Hillcrest Neighborhood of San Diego. Subject property built in 1913 and renovated steadily over the recent years. The lot size is 5,356sf (.12 acres). Unit mix is comprised of a 3 bed 1 bath house (approximately 1400sf) accessed via 10th Avenue and three 1 bed 1 bath units (approximately 500sf each) located in the rear via Oneida Place. The front house offers private yard space, in-unit laundry, and private (covered) tandem parking that easily fits two vehicles. The rear triplex offers on-site parking and it's own shared laundry room. On-site parking is offered for all units. There are two structures (one house and one rear triplex). The site location offers tenants all the desirable shopping destinations and direct access to freeway.

3792 10th Avenue, Mission Hills

$800,000

MB26180319 MLS ⋅ Active Status

**Great Opportunity – Duplex with Additional Unpermitted Unit** The 3rd unit may not be permitted with 2 bedroom's 1 bathroom with tenants. The front house with 3 bedrooms 1 bathroom, it's will be possible to leave vacant at close Escrow. Everything is negotiable. Great opportunity to own a well-maintained duplex in a convenient location, close to schools, shopping, public transportation, and major freeways. The property is also just minutes from the University of Southern California (USC), making it an excellent opportunity for homeowners and investors alike. **Property Features:** * **Unit 1 – Downstairs:** 3 bedrooms, 1 bathroom * **Unit 2 – Rear Unit:** 1 bedroom, 1 bathroom * **Additional Bonus Unit:** 2 bedrooms, 1 bathroom — **unpermitted** Buyer to verify all permits, square footage, bedroom/bathroom count, zoning, and property information with the appropriate city and county departments. Buyer is advised to conduct their own due diligence regarding the existing units and any potential use of the additional unpermitted space.

1208 E 34th Street Los Angeles CA, Los Angeles

$799,000

PW26180275 MLS ⋅ Active Under Contract Status

A rare chance to own an exceptionally spacious duplex in one of Southern California's most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. At $799,000, this duplex is currently producing a 7.45% cap rate on actual rent roll and operating expenses. With an 8.7% rent increase effective December 2026, the cap rate rises to 8.17%, well above the 5% to 6% range typical for small multifamily properties in the 90802 area. Add over $24,800 in completed capital improvements, including full bathroom and kitchen tile remodels, new flooring throughout, updated electrical and lighting, and fresh paint in both units, and this is a property offering both immediate cash flow and built-in upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this duplex checks all the boxes.

643 Elm Avenue, Long Beach

$11,500,000

OC26180269 MLS ⋅ Active Under Contract Status

Whittier West Apartments is a 55-unit multifamily investment opportunity located at 7735 & 7739 Bradwell Avenue in unincorporated Los Angeles County with a Whittier mailing address. The property presents a rare opportunity to pursue a comprehensive value-add strategy at a multifamily asset of this scale and late-1980s vintage. The bulk of the property was constructed in 1988 as a two-story, garden-style community and is complemented by a detached single-family house built in 1950. Whittier West features a unit mix of 14 one-bed/one-bath units, 40 two-bed/two-bath units, and 1 two-bed/two-bath house. Units include private patios or balconies, central air conditioning, ceiling fans, dishwashers, and generous closet space. Community amenities include gated access, a swimming pool and spa, on-site laundry facilities, and ample parking. A new owner may have the opportunity to achieve a substantial increase in rental income through a comprehensive renovation and repositioning program. Potential improvements include upgrading unit interiors, enhancing the pool deck and outdoor furniture, installing built-in stainless-steel BBQs, and refreshing other common-area amenities. Repositioning the property’s branding through a new monument sign and an improved online presence could further strengthen its market position and support efforts to capture higher rents. The scope, timing, cost, and financial results of any improvements would remain subject to market conditions, regulatory requirements, and the new owner’s execution. Whittier West is situated in the Los Nietos neighborhood, an established residential area supported by nearby commercial and light-industrial employment. Residents benefit from immediate access to the Norwalk Boulevard retail corridor, neighborhood parks, and regional freeway connections to employment centers throughout Los Angeles and Orange Counties. Nearby Uptown Whittier serves as the area’s principal lifestyle, retail, and business district, offering boutique shopping, restaurants, breweries, Whittier Village Cinemas, a weekly farmers market, and a concentration of professional, medical, and civic uses.

7739 Bradwell Avenue, Whittier

$1,100,000

CV26180282 MLS ⋅ Active Status

1497 W 27th St is a versatile three-unit income property offering strong potential for investors or owner-users. The property features a spacious detached single-family residence with 3 bedrooms and 1.5 bathrooms, plus two separate 1-bedroom, 1-bath bungalows. One of the 1-bedroom bungalows is currently available, creating an immediate opportunity for a buyer to set market rent or occupy the unit. Conveniently located just blocks from USC and within the USC patrol area, this property benefits from a highly desirable rental location near campus, transportation, dining, and neighborhood amenities. An excellent asset for expanding a real estate portfolio, with multiple detached units and potential rental income upside.

1497 W 27th, Los Angeles

$900,000

PW26179995 MLS ⋅ Active Status

1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.

1636 N Stanton, Long Beach

$688,000

2 Beds ⋅ 2 Baths ⋅ 26873527 MLS ⋅ Active Under Contract Status

Exceptional opportunity to acquire a fixer upper Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Drive, Los Angeles

$995,000

SB26180245 MLS ⋅ Active Status

8.18% Cap Rate at Lease Up! 608 N Breed St presents a rare opportunity to acquire a 4-unit multifamily property in prime Boyle Heights, offered at $995,000, reflecting an 8.18% current cap rate and an 8.58 GRM. Two of the four units will be delivered tenant ready, creating immediate flexibility for a new owner to renovate, reposition, and capture higher rents. The property also features a highly desirable 4 Bed/1 Bath front house, making it an excellent option for an owner-user looking to live in a spacious home while generating rental income from the remaining units. Residential financing is available, further expanding the pool of potential buyers. Originally built in 1923, the property consists of approximately 3,330 SF of rentable building area on a generous 8,250 SF lot, approximately $299/SF. The unit mix includes (1) 1+1, (2) 2+1, and (1) 4+1 units, along with four on-site parking spaces. With two tenant ready units, a large lot, functional unit mix, and strong owner-user component, the property offers a unique combination of immediate flexibility and long-term rental upside. Pro forma rents reflect a 13.66% increase in scheduled income, providing a clear path to improving cash flow. Situated in the heart of Boyle Heights, 608 N Breed St benefits from convenient access to Downtown Los Angeles, major employment centers, retail, dining, and public transportation. The property's location makes this a compelling opportunity for an investor or owner-user looking to acquire a well-located multifamily property with room to add value.

608 N Breed Street, Los Angeles

$1,589,000

5 Beds ⋅ 3 Baths ⋅ 26873293 MLS ⋅ Active Status

Exceptional opportunity to own this updated and tremendously versatile duplex in Westchester. Perfectly positioned for an astute investor or an owner-user seeking a pleasant live-and-rent arrangement. This well-appointed duplex combines income potential with high-quality improvements. The recently renovated front unit (6031), nearly 800 sq ft, comprised of 2 bed/1bath is flooded with natural light and has beautiful hardwood floors in the living areas. The front unit also has access to the front enclosed yard with garden boxes. The rear 3 bed/2bath townhouse unit, over 1,440 sq ft, offers updated open living with great natural light. 2 spacious guest bedrooms downstairs share a full bath and upstairs Primary retreat with vaulted ceilings, has an en-suite full bath and large hallway storage closet. The rear townhouse unit also has stacked W/D off the dining on the first floor and enjoys exclusive access to the beautifully landscaped rear backyard, a serene setting, and detached 2-car garage. The updated front unit, 6031, is vacant, allowing the next owner to set market rents. This California Bungalow's fantastic layout, versatility and inviting outdoor spaces make it a phenomenal asset! Walk Score: 86!

6029 W 86th Place, Los Angeles

$6,850,000

21 Beds ⋅ 21 Baths ⋅ 26873355 MLS ⋅ Active Status

New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.

709 S Kingsley Drive, Los Angeles

$14,950,000

OC26180225 MLS ⋅ Active Status

The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.

3929 W 242nd Street, Torrance

$2,400,000

PW26180082 MLS ⋅ Active Status

Pleased to present 1005 East Harding Street, a well-maintained 10-unit apartment community in Long Beach's desirable North Long Beach submarket. The property features a strong unit mix of three 1-bedroom/1-bath units, six 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit with a fireplace, generating $20,741 per month in gross scheduled rent with additional income from four garages and on-site laundry. The property is fully all-electric with no gas. Current ownership has invested approximately $200,000 in capital improvements including updated kitchens, bathrooms, plumbing, laminate flooring in select units, and a completely new electrical system throughout the property — significantly reducing the capital expenditure burden for a new investor. SB 721 balcony inspections have been completed and approved with the City of Long Beach, eliminating a common compliance concern for buyers of properties built before 2000. The property delivers a 6.14% cap rate on current income with a clear path to a 7.03% proforma cap rate through maximum allowable rent increases under AB 1482. This is an investment opportunity for a buyer seeking stable cash flow with built-in upside through strategic management.

1005 E Harding Street, Long Beach

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