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

SB26178268 MLS ⋅ Active Under Contract Status

Exceptional opportunity to acquire a non-RSO, 11 unit apartment building comprised of 9 2-bedroom/2-bathroom units, and 2 one-bedroom/one-bath units, originally built in 1987 and totaling approximately 10,514 square feet of living space. The property currently offers an attractive 5.3% cap rate, with approximately 25% rental upside, presenting investors with the potential to achieve a projected cap rate of up to 7% as rents are brought to market levels. Amenities include assigned parking in a subterranean garage, community laundry facilities, and individually metered gas and electric utilities. The building has also benefited from recent capital improvements such as brand new roof, enhancing the property's condition and reducing near-term maintenance requirements. Ideally located in the heart of Mar Vista, just minutes from Venice Beach and Downtown Culver City. With strong rental demand, significant rental upside, and a highly desirable central location, this asset presents a compelling opportunity for investors seeking both stable current income and long-term value growth in one of Los Angeles’ most dynamic rental markets.

3552 S Centinela Avenue, Los Angeles

$4,350,000

41145057 MLS ⋅ Active Status

2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 100% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed.

2360 Ellsworth St, Berkeley

$919,000

PW26177881 MLS ⋅ Active Status

Excellent opportunity to own a two-unit property in Long Beach with approximately 1,842 square feet of total living space. The front unit includes a detached single-car garage, while the rear unit is a second-story residence situated above three garages, providing a total of four garage spaces. The property features a newer roof installed in 2023 on the front unit, rear unit, and garage structures. This versatile property offers multiple garage spaces, separate living areas, and strong potential for an investor or owner-user. Conveniently located near shopping, dining, transportation, schools, and the many amenities Long Beach has to offer.

1326 E 9th Street, Long Beach

$1,249,000

PW26176915 MLS ⋅ Active Status

Discover a truly unique opportunity with this charming historic Craftsman property, centrally located and offering two separate residences, each featuring 2 bedrooms and 1 bathroom. Both homes enjoy their own private garage, washer and dryer hookups, and generous private yard space, creating a wonderful sense of independence and privacy. Surrounded by mature trees and lush landscaping, the property offers a peaceful, secluded atmosphere that helps minimize outdoor noise and provides each residence with its own quiet outdoor retreat. Full of character and Craftsman charm, this property offers incredible versatility. Whether you're looking to live in one home and rent the other, accommodate extended family, or add a distinctive property to your investment portfolio, the possibilities are exciting. Two homes, private garages, spacious yards, mature trees, and plenty of character—all on one unique property. A special opportunity you won’t want to miss!

3975 77 8th Avenue, San Diego

$949,900

SB26178334 MLS ⋅ Active Status

Great Opportunity for Owner-Users or Two Large Families! Location, location, location! A rare opportunity with excellent potential—don’t miss it! Bring your tender loving care and make this spacious property your own. Situated on a large lot in a convenient location close to major freeways, this property offers plenty of space and flexibility for extended family living or an owner-user looking for additional rental potential. • Front Unit: 2 bedrooms, 1 bathroom • Back Unit: 4 bedrooms, 2 bathrooms • each unit has 1-car garage • Separate gas and electric meters • Laundry hookups in each unit • Large lot with plenty of potential

637 Hill Street, Inglewood

$560,000

41145048 MLS ⋅ Pending Status

OAKLAND FOURPLEX NEAR LAKE MERRITT** **Investors, take notice!** An exceptional opportunity to acquire a fully occupied fourplex in a highly desirable Oakland location near **Lake Merritt and Lakeside Park, make offers:https://bit.ly/7thave1439, this income-producing property presents an exciting opportunity for investors looking to expand their portfolio and secure a multifamily asset in a high-demand rental market. The property features **four spacious 1-bedroom, 1-bathroom units**, each with its own comfortable living room. All four units are currently occupied by **long-term tenants**, providing an established rental-income stream from day one. Built on a **cement slab foundation**, the property offers the added benefit of reduced exposure to certain maintenance concerns commonly associated with raised foundations, including dry rot. Residents also enjoy a **generously sized backyard with mature fruit trees**, creating an attractive outdoor amenity rarely found with comparable multifamily properties. **LOCATION, INCOME & POTENTIAL FOR UPSIDE** Positioned near some of Oakland's most popular destinations, the property offers convenient access to **Lake Merritt, Lakeside Park, Grand Lake Theatre, the Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART**. Dining, shopping, entertainment, employment centers, and regional transportation are all within convenient reach. Whether you're a seasoned multifamily investor, expanding your rental portfolio, or seeking an opportunity to establish a presence in one of Oakland's sought-after locations, **this fourplex deserves your attention**. **Four units. Established tenants. Prime Oakland location. ** Don't miss the opportunity to compete for this income-producing multifamily property. **Please do not disturb tenants. Offer subject to inspection.**

1439 7Th Ave, Oakland

$679,900

CV26176443 MLS ⋅ Active Status

INCOME-PRODUCING 3-UNIT PROPERTY IN HIGHLAND, CALIFORNIA Excellent investment opportunity in Highland! This well-positioned three-unit property offers the opportunity to acquire an income-producing asset with all three units currently rented, providing immediate rental income for the new owner. With three separate electric and gas meters, this property offers attractive potential for investors seeking strong rental demand, multiple income streams, and long-term investment potential. The property is currently occupied, allowing a buyer to step into an existing income-producing situation while benefiting from the flexibility and diversification that a multi-unit property provides. Conveniently located in Highland with access to local shopping, dining, schools, employment centers, major transportation routes, and surrounding Inland Empire communities. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily buyer, this property presents an excellent opportunity to own a three-unit rental property in a desirable Southern California market. All units are currently rented and generating rental income. Buyer and buyer's agent to independently verify rents, expenses, property condition, square footage, zoning, and all other property information

7209 Tippecanoe, San Bernardino

$5,195,000

22 Beds ⋅ 22 Baths ⋅ 26872603 MLS ⋅ Active Status

We are pleased to present 14611 Larch Avenue, a 21-unit multifamily property in Lawndale, CA. Built in 1962 and comprising 13,870 rentable square feet on an 18,980-square-foot lot, the two-story building presents a clean mid-century profile accented by a wood-panel faade. The unit mix is composed of 18 one-bedroom/one-bath units, two studios, and one four-bedroom/two-bath unit. Interiors have been progressively upgraded on turnover, with units receiving modern kitchens, refreshed baths, and wood-style flooring giving ownership a clear value-add path through continued renovation while the property cash-flows on in-place rents. Newer double pane, low-E windows have been installed throughout, and a number of units feature private patios. The building is separately metered for electricity, with master-metered gas and a single water heater serving the property; a utility structure worth noting for underwriting and expense allocation. Tenant amenities include a small, secure playground, 19 on-site parking spaces via ground-level tuck-under parking beneath the building, and an on-site laundry facility (leased) that contributes ancillary income. Professional on-site management underpins stable operations and consistent occupancy. Lawndale bills itself as the "Heart of the South Bay," and the description holds up on the map: the property sits within the Lawndale School District, which maintains some of the strongest school facilities in the South Bay, and is centrally positioned with direct access to the 405, 110, and 105 freeways plus a nearby Metro stop for commuters who'd rather skip the drive. The South Bay is home to one of the most consequential aerospace and defense clusters in the country, and it's accelerating, not fading: L.A. County's aerospace and defense sector added roughly 11,000 jobs between 2022 and 2024 alone, and the region has re-emerged as a hub after the U.S. Space Force established its headquarters in El Segundo in 2021, and SpaceX tripled its launch cadence within a few years. For an apartment owner, this translates directly into renter demand: a durable, well-compensated employment base of engineers, technicians, and contractors who need housing within a manageable commute of Hawthorne, El Segundo, and Redondo Beach -- exactly where 14611 Larch Avenue sits!

14611 Larch Avenue, Lawndale

$799,500

PTP2606234 MLS ⋅ Active Status

Two detached houses on one 5,897 square foot lot in the Fairmount Village neighborhood of City Heights. The front house is a one bedroom, one bath of approximately 400 sq ft built in 1950. The rear house is a two bedroom, one bath of approximately 1,035 sq ft built in 1924. Both houses include enclosed porch and bonus room areas beyond the recorded square footage. Both houses are vacant and need full renovation, and the property is offered as is. This is a fixer and value add project with ADU potential, suited to investors and developers. The lot is level with alley access, and CUPD-CU-1-2 zoning allows residential and light commercial use. The property is blocks from the University Ave commercial corridor with direct access to the I-15 and SR-94. Easy to show, buyer to verify all information.

3724 30 Euclid Avenue, San Diego

$1,225,000

ML82057827 MLS ⋅ Active Status

Welcome to 244 E Julian Street. A fantastic income-generating opportunity! Each unit features 4 bedrooms and 2 full bathrooms. The property has been well maintained and improved over the years, featuring a brand new roof, dual-pane windows, and freshly painted exterior. Each unit has it own large laundry room, updated bathrooms, granite counters, laminate flooring, room for parking, spacious living space and dining areas. Conveniently located near SJSU, Downtown, Japantown, restaurants, shopping, and grocery markets, with easy access to Highways 101, 87, 880, and 680. Dont miss this incredible opportunity to own a versatile property with strong income potential!

244 E Julian Street, San Jose

$2,000,000

SB26176546 MLS ⋅ Pending Status

On behalf of the ownership, we are pleased to exclusively offer a 7-unit, 7,153 square foot multifamily property located at 4834 W 118th Place, Hawthorne, CA 90250. This offering represents a compelling opportunity to acquire a well-maintained apartment community with strong organic rent growth potential. The community offers a balanced unit mix across one-, two-, and three-bedroom floor plans, catering to young professionals, families and downsizers alike. At the front is an owner-occupancy style unit with private laundry hookups right off of the kitchen. At the rear is a townhouse style unit. Residents enjoy the common area laundry room, 7 covered carport parking spots, 2 private garages, and the convenience of the property's location. Residents benefit from convenient proximity to the 405 & 105 freeways, Los Angeles International Airport, the South Bay Beach Cities, entertainment venues in the neighboring city of Inglewood, and a wide array of neighborhood services and restaurants that define the area's live-work-play appeal. With its desirable location, strong occupancy, and meaningful upside potential, this property is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.

4834 W 118th Place, Hawthorne

$1,045,000

4 Beds ⋅ 3 Baths ⋅ 26844707 MLS ⋅ Active Status

Prime Investment Opportunity in North Hollywood!Don't miss this incredible chance to own a fully gated income-producing triplex in one of LA's hottest rental markets! This property features three updated units: a spacious 1-bed/1-bath + office with private laundry, a 2-bed/1-bath with in-unit laundry, and a 1-bed/1-bath all offering strong rental potential.Recent upgrades throughout all units, plus a brand new roof, deliver turnkey peace of mind for investors or owner-occupants alike. A detached two-car garage offers ADU potential (buyer to verify), and the long driveway with a rolling security gate provides abundant off-street parking.Private yard space at the rear adds bonus appeal for tenants. Centrally located with convenient access to the 101, 170, and 405 freeways, as well as nearby shopping, dining, and employment centers everything renters are looking for.Whether you're expanding your portfolio or seeking a smart first-time investment, this North Hollywood triplex checks all the boxes!

5710 Vineland Avenue, North Hollywood

$998,000

260019936SD MLS ⋅ Pending Status

2-unit investment property in San Diego's College Area. Beautifully reimagined San Diego duplex with designer-inspired finishes and thoughtful upgrades throughout. This turnkey property features two gorgeous residences, unit 4978 is a 3 bed, 2 bath with approximately 1,105 sq. ft. and 4980 is a 1 bed (plus office), 1 bath with approximately 585 sq. ft. Major improvements include a new roof, new windows, stylish new kitchens, updated baths, new mini-split heating and cooling systems, new sewer line, new electrical panel, and fresh, low-maintenance landscaping. Each unit offers private outdoor space, laundry hookups and dedicated parking, creating comfort, convenience, and strong tenant appeal. With modern finishes, upgraded systems, and a clean, move-in-ready presentation, this property offers an attractive blend of style and income potential. Whether you are looking to live in one unit and rent the other, expand your rental portfolio, or secure a turnkey income property, 4978-80 73rd Street is ready to perform from day 1

4978 80 73rd St, Talmadge/San Diego Central

$849,999

OC26177915 MLS ⋅ Active Status

Discover an exceptional opportunity to own a well maintained duplex at 3621 - 3621 ½ Griffin Ave in the highly sought-after Lincoln Heights area of Los Angeles. This income-producing property, on the market for the first time in over 20 years, is ideal for any investor, from first-time purchasers to seasoned professionals. This detached two-unit building spans approximately 1,508 square feet and is set on a generous 6,751 square foot lot with low-maintenance landscaping. Each unit offers comfortable living spaces, featuring kitchens overlooking the yard, tile and laminate flooring throughout, window air conditioning and wall heaters, security screen doors, and private patios and porches. The property provides convenient driveway parking including a carport for tenants and their guest. 3621 - 3621 ½ Griffin Ave boasts an enviable location, strategically situated between Ave 35 and Ave 43, offering swift access to the 5, 110, and 10 freeways. Residents will appreciate being just 10 minutes from the historic Lincoln Park Recreation Center and having easy access to the Metro Lincoln Heights Cypress light rail station, USC Keck School of Medicine, and a variety of shopping centers, restaurants, and popular retailers. Nearby vibrant communities include Highland Park, Montecito Heights, Echo Park, Silver Lake, East Los Angeles and Mount Washington. Within a 20-mile radius, residents can enjoy an array of world-renowned landmarks and entertainment venues, including Pasadena, Downtown Los Angeles, Crypto.com Arena, LA Live, Griffith Observatory, Universal Studios Hollywood, Hollywood Bowl, and The Huntington Library, Art Museum, and Botanical Gardens. This duplex represents a stable and admirable long-term investment in the heart of Los Angeles.

3621 Griffin Avenue, Los Angeles

$2,448,500

AR26178178 MLS ⋅ Active Status

Located in the heart of El Sereno, 5005 Axtell St presents a prime opportunity to acquire a 12-unit multifamily property in a well-positioned Los Angeles neighborhood. Built in 1963, the property features a strong unit mix consisting of (10) two-bedroom/one-bathroom units, (1) one-bedroom/one-bathroom unit, and (1) studio unit. The building spans 9,312 square feet on an 11,342 square foot lot, offering ample living space for tenants. Situated in a desirable residential area, the property benefits from proximity to Cal State LA, Downtown Los Angeles, Dodger Stadium, and major freeways, providing convenient access to employment hubs, dining, and entertainment. This property presents an excellent investment opportunity for both seasoned and new multifamily investors.

5005 Axtell, Los Angeles

$950,000

41145013 MLS ⋅ Active Status

Duplex in Castro Valley!! Excellent Opportunity! Sweet Property with a Picket Fence! Each unit boasts original charm! All Tile Flooring Throughout Both Units. Each has their own Laundry Room and half of the Two Car Detached Garage! Front Unit (20242) Has a spacious Front Yard. The Rear Unit (20240) has a Wonderful Fenced Rear Yard. The Detached Garage is a Rare Treat in the Area for Tenants. Central Location! Steps to Castro Valley's Thriving Downtown featuring CV Market Place, Canyons BBQ, Philz Coffee, Shopping and tons of Entertainment!! Half a mile to HL Peninsula The Largest Cantonese Restaurant in the US! Walking distance to BART (Only 0.2 Miles from Property) and other Transportation!! DO NOT WALK PROPERTY OR DISTURB TENANTS.

20942 Wilbeam Ave, Castro Valley

$1,095,000

AR26178170 MLS ⋅ Active Status

333 N Murray St presents an excellent opportunity to acquire a six-unit multifamily property in the growing community of Banning. The property features a diverse unit mix consisting of (3) studio units, (2) one-bedroom + one-bathroom units, and (1) two-bedroom + one-bathroom unit, offering flexibility to attract a wide range of tenants. This well-configured unit mix provides stable rental demand and strong income potential for investors seeking a manageable asset in an affordable rental market. Situated in a convenient residential neighborhood, the property offers tenants easy access to local shopping, dining, and major transportation corridors, while benefiting from Banning’s continued population growth and demand for workforce housing. 333 N Murray St represents an attractive value-add or long-term hold opportunity for investors looking to expand their footprint in the Inland Empire multifamily market.

333 N Murray, Banning

$9,600,000

4 Beds ⋅ 4 Baths ⋅ SB26175972 MLS ⋅ Active Status

Welcome to 1416 The Strand, an exceptional opportunity to own in one of the most desirable locations on the Manhattan Beach Strand. Located just a short stroll from Downtown Manhattan Beach, the property enjoys an iconic view of the Manhattan Beach Pier — a combination of walkability and views that very few Strand properties can boast. With a rating of 92 “Walker’s Paradise” on WalkScore.com, the beach, shops, restaurants, and downtown amenities are all close at hand. Situated on a full lot, this versatile triplex offers three distinct residences, ocean views, and an exceptional beachfront setting. The spacious main-level residence features 2 bedrooms and 2 bathrooms, along with a private courtyard that provides a peaceful outdoor retreat. At Strand level, a studio unit with a full kitchen offers convenient beachside living with immediate access to The Strand. Completing the property is a one-bedroom unit above the garage, highlighted by its own private ocean-view deck. With three separate living spaces, multiple outdoor areas, a full lot, and an irreplaceable beachfront location, 1416 The Strand offers flexibility for an owner-user, investor, or future development. The property also presents attractive short- or long-term rental potential, with vacation rentals now permitted in the Coastal Zone. Offered at $9.6 million, this is a compelling opportunity to acquire a full-lot property in one of the most desirable stretches of the Manhattan Beach Strand for under $10 million.

1416 The Strand, Manhattan Beach

$2,495,000

ML82057797 MLS ⋅ Active Status

In Santa Cruz, location drives demand, and 2030 Kinsley Street puts an investor in the heart of the Live Oak lifestyle. This four-unit property offers the flexibility to build a strong rental portfolio or live in one residence while generating income from the other three, with potential access to owner-occupied financing. The property includes three two-bedroom residences and one spacious three-bedroom residence, with current rents totaling $15,995 per month. Each unit has its own garage, adding valuable parking and storage for residents. Three units feature updated dual-pane windows, while all four have newer water heaters and gas ranges. Beyond the numbers, its a location renters want to call home. Shopping, schools, Simpkins Family Swim Center, neighborhood parks, athletic fields, Twin Lakes State Beach, and the Santa Cruz Harbor are all nearby, making daily life easy and giving the property lasting rental appeal. For an investor, its a rare combination: four residences, established income, individual garages, and a location that continues to deliver.

2030 Kinsley Street, Santa Cruz

$1,750,000

260019918SD MLS ⋅ Active Status

Great North Park Location, Near bus line, abundant stores, a variety of restaurants and more.Easy access to Freeway 8, North Park has become a vibrant urban community. Site is 4 units, One duplex in front, with one 2 bedroom one bath and one 1 bedroom 1 bath. The building in back has two 1 bedroom 1 bath units over 4 garages on the alley.

4104 Arizona St, North Park

$1,750,000

AR26176675 MLS ⋅ Active Status

Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.

149 N Alexandria, Los Angeles

$1,400,000

AR26176579 MLS ⋅ Active Under Contract Status

Turnkey Ready: Your Next Passive Income Powerhouse! Outstanding investment opportunity boasting an impressive Cap rate with zero local rent control and a huge rental upside. This fully updated 2-story 6-plex features a strong unit mix of four 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units, backed by a stable tenant base. Every well-maintained unit has own private garage. Building amenities include a reliable central water heater, on-site community laundry and security cameras. Unbeatably convenient location just minutes from markets, St. Francis Medical Center, and St. Emydius Catholic church and school. PLEASE DO NOT DISTURB TENANTS.

3568 Brenton, Lynwood

$1,600,000

PW26178105 MLS ⋅ Active Status

An exceptional value-add opportunity in Long Beach, 1868 Gardenia Ave is a well-maintained 6-unit multifamily asset with no local rent control and subject only to statewide AB 1482 (5% + CPI). The property features an optimal unit mix of all 2-bedroom, 1-bathroom layouts, providing strong tenant demand and significant upside in rents. Recent improvements include new roof and fresh exterior paint. Rare for the area, the property includes 12 off-street parking spaces (two tandem spots per unit) maximizing tenant retention and rental rates. Positioned near key commuter routes, dining, and retail hubs, this property presents a compelling acquisition for investors seeking entry into one of Southern California's premier rental markets.

1868 Gardenia Avenue, Long Beach

$1,798,888

OC26177394 MLS ⋅ Active Status

Investment opportunity in prime Silver Lake hills! This distinctive mid-century modern property features a spacious single-level main residence plus a detached studio apartment, offering exceptional flexibility for potential rental income. Conveniently located near Whole Foods, Downtown Los Angeles, Dodger Stadium, Griffith Park, Atwater Village, the 5 Freeway, and many trendy restaurants, cute cafes, and entertainment venues. The Main Residence offers approximately 2,227 sf with 4 bedrooms, 2.5 bathrooms. The 4th bedroom can be used as a spacious bonus room, home office or den. Interior highlights include a large living room with a custom stained-glass window, separate dining room with original hardwood oak floors, new carpeting, and new luxury vinyl plank flooring in kitchen and bathroom areas. Central air conditioning and heating provide year-round comfort. The detached separate studio residence offers approximately 540 sf with views of the hills and mountains, its own kitchen, bathroom with shower, open-concept living area, and a dedicated tankless water heater. The expansive garden is a true highlight, featuring a greenhouse and an extraordinary collection of mature fruit trees, including a magnificent 60+ year old lychee tree, starfruit, sapote, persimmon, tangerine, jujube, fig, longan, dragon fruit, guava, mango, and Thai lime. Enjoy sipping coffee and relaxing in one of the three patios. A distinctive semi-precious rock fountain, built by the original owner, adds to the property's one-of-a-kind charm. Additional features include a 3-car garage, basement laundry area, and a fully paid-off LifeSource whole-house water filtration system. A truly unique Silver Lake property combining income potential, character, versatility, and outdoor space in one exceptional offering. See Virtual Home Tour link: https://youtu.be/hkPZyuXrcxA

2572 Silver Ridge, Los Angeles

$1,550,000

CV26175614 MLS ⋅ Active Status

Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street. This property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at more attainable price points. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units: 8 studios and 2 one-bedroom/one-bath units (addressed as 1317 Linwood Ave). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 5 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

1317 Linwood, Los Angeles

$1,200,000

10 Beds ⋅ 10 Baths ⋅ 26872357 MLS ⋅ Active Status

Desirable 5-unit building with 2 VACANT UNITS! This 5-unit building consists of (2) 3br + 3ba, (1) 2br + 2ba and (2) 1br + 1ba units. Listing agent has not viewed the interior of the units. The MLS will be updated as soon as the listing agent has had access to each unit.

4137 Palmwood Drive Unit 2, Los Angeles

$2,990,000

18 Beds ⋅ 17 Baths ⋅ 26866301 MLS ⋅ Active Status

Located in the heart of Wilshire Park, 695 S. Norton Avenue is a well maintained 9 unit building offering spacious floor plans and a true neighborhood feel just minutes from the center of Koreatown. The property features six large 2 bedroom, 2 bath units, two 2 bedroom units with dens and one studio, totaling approximately 11,650 square feet of living space. The generous layouts, with two bedroom units averaging over 1,300 square feet, continue to support strong tenant demand in this highly desirable rental pocket. Residents benefit from secured entry, gated parking, elevator access and a shared laundry room, all situated on a quiet residential street lined primarily with single family homes. With stable current income and clear potential for rental growth through thoughtful interior improvements over time, this property offers investors a rare combination of scale, location, and long term upside in one of Los Angeles' consistently strong multifamily markets.

695 S Norton Avenue, Los Angeles

$950,000

DW26177896 MLS ⋅ Active Status

Prime East Los Angeles Triplex with Panoramic Neighborhood Views and Strong Income Potential. Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property. The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income. Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles. With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.

3977 Ramboz, City Terrace

$1,075,000

PI26177490 MLS ⋅ Active Status

Attn: Investors - Income producing property with 3 units : Lovely Main house has 3 bedrooms with 2 baths - nice living room with vaulted ceiling & hanging fan/light, dining area, kitchen & large backyard with separate laundry area & hookups. There is also a Large shed included. Jr. ADU has 1 bedroom with 1 bath, kitchen & living area, outside storage area is available. Attached ADU has 2 bedrooms with 1 bathroom, kitchen, dining & living area, with a backyard. Each unit is fully rented & has reliable tenants that are on a month-to-month basis. Plenty of parking in large driveway & in front of the house. Conveniently located close to Shopping, Restaurants, Schools, Parks, Medical Centers & the 101 Freeway. Jr. ADU & Attached ADU were built 2023.

1029 Big Pine Drive, Santa Maria

$950,000

CV26177943 MLS ⋅ Active Status

Welcome to 1221 W 88th St, a versatile triplex offering an excellent opportunity for investors or owner users. The property features a spacious 3 bedroom, 2 bathroom front house, plus two rear 1 bedroom, 1 bathroom units, providing a total of 5 bedrooms and 4 bathrooms. One unit will be delivered vacant at close of escrow. This is the current owner occupied unit and offers a great opportunity for an owner user to move in while generating rental income from the other two units. The property also offers excellent off street parking. The front driveway accommodates 2 cars, while the rear units have their own separate driveway accessible through the alley, providing parking for up to 5 additional vehicles. The generous parking is a great feature for both residents and guests. With three separate units, a desirable unit mix, substantial parking, and one unit delivered vacant, this property offers flexibility for rental income, extended family living, or an owner user looking to offset expenses with rental income. FHA and VA financing welcome! Conveniently located in South Los Angeles with easy access to major streets, transportation, shopping, dining, and everyday amenities. Don't miss this opportunity to own a triplex with excellent parking and owner user potential.

1221 W 88th, Los Angeles

$1,395,000

SR26177019 MLS ⋅ Active Status

Outstanding North Inglewood Location: Well-positioned asset located in close proximity to SoFi Stadium, The Forum, and Intuit Dome, placing this asset in the heart of Inglewood's growing sports and entertainment corridor. Well-Maintained Fourplex on a Generous Lot: Built in 1960, this 3,908-SF building sits on a 5,300-SF lot in the heart of the historic Market Street corridor, steps from downtown Inglewood's ongoing revitalization. Outstanding Unit Mix: Excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, plus an on-site laundry room offering additional income potential. Recent Capital Improvements: Roof reported to be approximately 8 years old. Value-Add & ADU Opportunity: The property's detached garage and under-building garage present potential conversion opportunities for ADU units, subject to City of Inglewood zoning and lot coverage requirements (Buyer to Verify).

304 N Market, Inglewood

$1,500,000

IV26176930 MLS ⋅ Active Status

1236 W Martin Luther King Jr Boulevard, Los Angeles

$499,900

DW26174607 MLS ⋅ Active Status

Welcome to Phelan a Semi-Rural Designated place in San Bernardino County Situated in the High Desert region of the Victory Valley. Nestled north of the San Gabriel Mountains, it has a population of 18,500 Residents, is known for it's quite wide-open space and equestrian lifestyle. Sitting on 2.01 Acres you will find 2 units, 3 BED 2 BATH AND A 2 BED 1 BATH Manufacture home. Both with double car garage. A must see Property. 2bed 1 bath unit is currently renting. Both Units can be delivered vacant if buyer desires.

11030 Ailanthus Unit 2, Phelan

$540,000

CV26177837 MLS ⋅ Active Status

Turnkey multi-family opportunity featuring two fully detached, single-story 1-Bed/1-Bath cottages on a spacious 8,100 sq. ft. lot. Completely renovated from the studs with luxury finishes throughout. Due to its spacious layout, the large front cottage is utilized as a 2-Bedroom unit. Strong rents are currently in place, providing great income. (One of, if not the, only local two-unit property on the market that has a positive cash-flow!) Both units were renovated from the ground up: new systems & interiors leading to minimal deferred maintenance and reduced capital expenditure risk for years to come. Each cottage offers tenants their own private yard space (front or back) plus ample onsite parking. Expense structure favors the owner: only the front unit's water bill is owner-paid, with tenants responsible for all other utilities, keeping operating costs lean and NOI predictable. An onsite garage adds further upside, with potential for ADU conversion (buyer to verify feasibility with the City of Rialto); a compelling value-add play for investors looking to add a third income stream down the line. Located just minutes from vibrant Downtown Rialto, the property benefits from proximity to local retail, dining, and everyday conveniences that support consistent tenant demand. *The property is located adjacent to a railway track that has been shut down, no trains pass by.

125 N Date Avenue, Rialto

$514,000

SR26177799 MLS ⋅ Active Status

45414- 45416 Raysack Ave. Exceptional Multi-Unit Investment Opportunity | Three Living Spaces | Resort-Style Pool Discover a rare multi-residence opportunity combining modern upgrades, exceptional flexibility, and impressive income potential. Featuring three distinct living spaces, this property presents an exciting opportunity for investors seeking multiple potential revenue streams or an owner-investor looking to enjoy an elevated lifestyle while maximizing the property's versatility. The property features an updated 2-bedroom, 1-bath main residence, an attached 2-bedroom, 1-bath ADU, and an additional private 1-bedroom, 1-bath side unit—creating a unique configuration with a variety of potential living and investment strategies. The main residence showcases a bright, open-concept design where the living, dining, and kitchen areas flow seamlessly together. The contemporary kitchen features sleek cabinetry, expansive countertops, and stainless steel appliances, while updated flooring and a beautifully remodeled bathroom add to the home's polished, modern appeal. The attached 2-bedroom ADU offers a private living environment highlighted by vaulted ceilings, abundant natural light, a sleek kitchenette, and an updated bathroom with stylish tile finishes. The additional 1-bedroom side unit provides another private living space featuring updated finishes, a spacious bedroom, and its own outdoor walkway area. Step outside to a sparkling swimming pool and resort-inspired setting, creating an inviting environment for relaxation, entertaining, and enjoying the Southern California lifestyle. Additional improvements include a water heater replaced in 2022. For the investment-minded buyer, the possibilities are compelling. Explore a multi-unit rental strategy, owner-occupied investment approach, extended household arrangement, or long-term investment hold while benefiting from three separate living spaces on one property. A distinctive Lancaster opportunity where modern design, multiple living spaces, investment potential, and resort-style amenities come together in one exceptional property.

45414 Raysack, Lancaster

$3,749,000

BB26177778 MLS ⋅ Active Status

4505 W 18th Street is a beautifully designed 2022-built six-unit investment opportunity in the heart of Mid-City. This fully stabilized, non-rent-controlled asset is 100% leased and offers a strong 5.93% current cap rate with additional upside to a 6.22% pro forma cap rate, making it an ideal turnkey investment for both cash flow and long-term appreciation. The property consists of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences totaling approximately 8,156 square feet. Designed with today's renters in mind, each spacious unit features high ceilings, oversized windows, expansive balconies or patios, modern kitchens and bathrooms, stainless steel appliances, central HVAC, and in-unit washers and dryers. All units are separately metered for gas, electricity, and water, helping minimize operating expenses while maximizing net income. Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one. Ideally situated in one of Los Angeles' strongest rental markets, the property is just minutes from Culver City, Miracle Mile, and major employment centers including Amazon, Apple, HBO, and Sony. As opportunities to acquire newer, fully stabilized, nonrent- controlled multifamily assets continue to become increasingly scarce, 4505 W 18th Street presents an exceptional long-term hold and 1031 exchange opportunity in one of LA's most sought-after investment corridors.

4505 W 18 Street, Los Angeles

$2,595,000

SB26176851 MLS ⋅ Active Status

PRICE JUST DROPPED TO SELL!! ONE OF A KIND — OFFERED FOR SALE FOR THE FIRST TIME SINCE ITS 2018 CONSTRUCTION. Five individual homes across three detached buildings on a single 7,961 square foot East Hollywood lot — a modern five-home compound of a kind this neighborhood has not seen built in decades. THE HOMES: Two two-story duplex buildings hold four oversized one-bedroom, two-bath residences of 1,010 to 1,073 square feet — nearly double the footprint of the typical East Hollywood one-bedroom — each a townhome-style layout with a bath on each level, its own garage, central heat and air, in-unit washer and dryer, and dishwasher. A fully detached 1,291 square foot two-bedroom, two-bath house with two assigned parking spaces completes the compound. Every home lives like a house: three separate buildings, no shared lobbies, no long corridors. WHY IT IS RARE: Built ground-up in 2018, the property sits entirely outside the LA Rent Stabilization Ordinance — ZIMAS confirms no RSO by APN — and the AB 1482 new-construction exemption keeps it outside statewide caps until roughly 2033. Nearly every competing five-unit nearby dates from 1912 to 1961. No soft-story retrofit, no galvanized plumbing, no knob-and-tube: the capital-expenditure profile of a new building carrying the income of five homes. THE OPPORTUNITY: A turn-key income property for an exchange buyer on a deadline or a long-horizon private investor — and a possible path for an owner to occupy one home while the other four produce income, subject to existing tenancies. At five doors, it is also an approachable first income property. One owner since construction, professionally managed from day one, with complete work order and collections records that demonstrate diligence to the buyer. THE LOCATION: Virgil Village adjacent, between Silver Lake and the Hollywood studio corridor — a short walk to the Metro B Line at Vermont and Santa Monica, minutes to Sunset Junction and Los Feliz. NEXT STEP: Offering Memorandum, measured floor plans, and lease files available upon request.

4635 Lexington Avenue, Los Angeles

$599,000

ML82057700 MLS ⋅ Active Under Contract Status

Charming Queen Anne-style 3-bed, 1-bath home on an approx. 50' x 150' (7,500 sq. ft.) lot in unincorporated Cherryland, Alameda County. Zoned R-2 with significant development potential. Rare TWO-LOT opportunity! Adjacent vacant 50' x 150' R-2 parcel, created through a recorded SB 684/SB 1123 lot split, is separately offered for $300,000. Purchase separately or acquire both legal parcels for a combined approx. 15,000 sq. ft. development site, with flexibility to develop each parcel independently. Final feasibility study and conceptual renderings now available! Study identifies up to 4 homes per lot/8 total by-right, plus higher-density concepts of 5 to 6 homes per lot 10 to12 total. Parking approach - covered or uncovered - will depend on final development plan and unit count. Higher-density concepts may require a CUP, phased permitting and/or County approval. Existing home offers immediate use as a residence, rental or holding asset while development plans are pursued. Near BART, transit, shopping, schools and employment. Feasibility study/renderings are conceptual and not approved plans or entitlements. Buyer to independently verify zoning, unit count, ADUs, parking, fire, utilities, permitting and all development requirements with Alameda County and applicable agencies.

21459 Locust Street, Hayward

$700,000

PW26177875 MLS ⋅ Active Status

TRIPLEX WITH GREAT BED/BATH COUNT AND RENTS.

611 W 57th, Los Angeles

$1,295,000

V1-38183 MLS ⋅ Active Under Contract Status

Fully leased Quadriplex Opportunity Awaits. Unit mix includes 1 x 3BR/2BA, 2 x 2BR/1BA and 1 x 1BR/1BA. Recent improvements include a clear termite report and new exterior paint. Substantial upgrades have also been made to the interior of each unit. Other building highlights include garages, private yard space, and garages. Unit 4511- 04/2024- 3bed/2bath- updated kitchen, updated bathrooms, LVT flooring, new windows, private yardUnit 4513- 12/2017- 2bed/1bath- tile floors, updated kitchen, new windows, private yardUnit 4515- 07/2015- 2bed/1bath- tile floors, updated kitchen, new windows, private yardUpstairs unit 4517- 04/2026 - 1bedroom, 1bath unit with fresh paint, dual-pane windows, tile floors, upgraded kitchen with stone counters, and updated bathroom.

4511 Terrace Avenue, Oxnard

$519,900

260019884SD MLS ⋅ Active Status

Prime opportunity for investors or a multi-generational family! This two-story duplex in North Chico features two spacious units, each offering 3 bedrooms and 1.5 bathrooms. All bedrooms and a full bathroom are located upstairs, with a convenient half bath downstairs. Each unit includes central heat and air, separate meters, upgraded dual-pane windows, a 2-car garage, additional driveway parking, and a large fenced backyard. Its sitting on a huge lot. This is one of the best duplexes I have seen in a while. Conveniently located within walking distance to the North Valley Mall shopping area, Trader Joe’s, Starbucks, CVS, restaurants, banks, a movie theater, and Chico transit stops along Lassen Avenue. Mature landscaping includes a front yard drip system and backyard sprinklers. One unit is vacant, the other is currently occupied by long-term tenant with great rental history. Built in 1980 and owned by the same family for approximately 40 years, this is a rare opportunity to add a solid duplex to your investment portfolio or create a great multi-generational living setup.

2750 White Ave, Chico

$1,200,000

7 Beds ⋅ 5 Baths ⋅ 26871537 MLS ⋅ Active Status

A prime investment property in the heart of University Park, just blocks from USC and the dining, shopping and amenities of USC Village, this lovingly preserved Victorian FOURPLEX pairs original architectural character with established rental income. The property consists of four distinct units, anchored by an expansive 2BD/2BA residence occupying the entire ground floor. Previously owner-occupied and currently vacant, the residence showcases generous proportions and period details throughout ideal for an owner-user or as a valuable addition to the rent roll. Three tenant-occupied units above include a studio currently rented at $884/month, a 1BD/1BA at $1,261/month, and a 2BD/1BA at $1,434/month, generating a combined $3,579 in monthly rental income. A garage with an attached bonus room provides additional space and flexibility, along with a California basement. Set among the architecturally significant homes of University Park, 920 W 20th Street offers a compelling combination of historic character, scale and income opportunity in one of Los Angeles' most storied neighborhoods.

920 W 20th Street, Los Angeles

$1,395,000

4 Beds ⋅ 4 Baths ⋅ 26871829 MLS ⋅ Active Status

Exceptional investment opportunity in the heart of Hollywood! Built in 1923, this classic Spanish-style fourplex offers timeless character, immediate rental upside, and strong long-term investment potential. Situated on a low-maintenance corner LAR4-zoned lot, the property features four spacious one-bedroom, one-bathroom units totaling approximately 3,020 square feet (approximately 755 square feet per unit; buyer to verify). Each residence enjoys its own private entrance and is separately metered for gas and electricity, providing efficient property management and reduced owner expenses.A rare feature in today's market, two of the four units will be delivered vacant (upstairs and downstairs on the west side of the building), allowing the next owner to immediately lease at current market rents or select their own tenants. Both vacant units have been freshly painted and are move-in ready, creating an ideal opportunity to increase cash flow from day one. The remaining two units are occupied by long-term tenants, providing stable in-place income while offering future rental upside.The property's low-maintenance design, with no on-site parking or landscaping, helps minimize ongoing operating expenses. Pro forma financials are available upon request, highlighting the property's attractive investment potential and projected returns.Ideally located just minutes from Hollywood Boulevard, Sunset Boulevard, Netflix, Paramount Studios, shopping, restaurants, entertainment, and Metro transit, the property benefits from one of Los Angeles' strongest rental markets with consistently high tenant demand.An outstanding opportunity for investors, 1031 exchange buyers, or those looking to expand their multifamily portfolio with a classic Hollywood asset offering immediate upside, stable income, and exceptional long-term appreciation potential.

5942 Carlton Way, Los Angeles

$1,195,000

PW26159621 MLS ⋅ Active Status

Exceptional value-add opportunity in the heart of Hawthorne — a 4-unit property with a desirable unit mix, significant rental upside, and a clear path to add value. The front unit is a spacious, renovated 3-bedroom, 2-bath residence that lives like a single-family home, ideal for an owner-occupant or premium rental. Behind it sits a 2-bedroom, 1-bath unit, with two additional 1-bedroom, 1-bath units on the second floor — a versatile unit mix. With an estimated 60%+ upside in rents, investors have a rare opportunity to substantially grow income over time. The property also features two detached two-car garages at the rear, offering ample tenant parking plus strong potential for ADU development above (buyer to verify). Minutes from SpaceX, SoFi Stadium, the Intuit Dome, LAX, and the beach cities, with quick access to the 105 and 405 freeways. A rare combination of a renovated showcase unit, immediate income, major rental upside, and future ADU potential.

11617 Acacia, Hawthorne

$829,000

PW26163974 MLS ⋅ Active Under Contract Status

Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.

1585 E 48th Place, Los Angeles

$699,000

SR26177689 MLS ⋅ Active Status

Income-producing opportunity featuring two separate tenant-occupied residences on one approximately 6,035 SF lot. The property consists of a 2-bedroom/1-bath residence and a separate 1-bedroom/1-bath residence, providing two rental income streams. Both units are currently occupied, allowing an investor to acquire a property with existing income in place. The property also offers convenient access to Downtown Los Angeles, USC, Exposition Park, major freeways and public transportation. Two separate residences. Two income streams. One investment opportunity.

4215 S Budlong, Los Angeles

$1,775,000

8 Beds ⋅ 11 Baths ⋅ 26872303 MLS ⋅ Active Status

Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.

637 S Mcdonnell Avenue, Los Angeles

$1,125,000

260019871SD MLS ⋅ Active Status

BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.2M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.3 in place cap rate and 6.0 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields a well designed mix of all 1BR 1BA units. Off street parking includes a garage, and select units enjoy outdoor spaces on patios. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

2054 58 N Highland Ave, Logan Heights

$7,650,000

24 Beds ⋅ 24 Baths ⋅ 26871967 MLS ⋅ Active Status

We are proud to present 2727 3rd Street, a rare 22-unit multifamily offering situated in the heart of Santa Monica's sought-after Ocean Park neighborhood, just blocks from the celebrated dining and boutique retail of Main Street and less than half a mile from the sand and surf of Santa Monica State Beach. The property was built in 1969 and has been held by the original owners since. The two-story, courtyard-style building encompasses approximately 17,020 square feet of rentable space across 20 spacious one-bedroom/one-bathroom units and two generously sized two-bedroom/one-and-a-half-bathroom residences. Unit sizes are notably large for the submarket, with one-bedroom floor plans at 750 square feet and two-bedroom homes reaching 1,010 square feet offering tenants meaningful living space at a time when newer coastal product skews smaller. Select upper-floor units feature private balconies with ocean and neighborhood views, while ground-floor residences enjoy enclosed patios premium amenities that continue to command leasing velocity and resident loyalty in this supply-constrained corridor. The property is completed by 22 covered, gated parking spaces, where dedicated parking is highly valued. Organic income growth without the need for capital displacement or tenant buyouts. This embedded rent upside represents one of the most attractive features of the offering, with the potential to dramatically accelerate net operating income over a typical hold period. Equally compelling from a long-term ownership perspective: the property's 22 units. substantially exceed the approximately 12 units permitted under current SMOP2 zoning. This legal non-conforming density is grandfathered from the original 1969 construction and cannot be replicated under any current entitlement pathway making the existing improvements structurally more valuable than the land alone and creating a permanent competitive moat for the asset.

2727 3rd Street, Santa Monica

$716,000

CV26175774 MLS ⋅ Active Status

We are pleased to present this well-maintained and updated duplex investment opportunity in Cathedral City, CA. The property consists of two spacious 3BR/2BA units, each featuring a large 2-car garage, additional driveway parking, private backyard, appliances, and a washer and dryer located in the garage. The property has undergone extensive improvements in recent years, including a newer roof, interior and exterior paint, updated bathroom vanities, LED lighting, ceiling fans, landscaping, and additional upgrades throughout. The combination of large 3-bedroom floor plans, private outdoor space, ample parking, and individual garages provides an attractive rental offering for families and long-term tenants. These features, along with the improvements already completed, also contribute to ease of ownership and long-term tenant appeal. Conveniently located with easy access to major roads and highways throughout the Coachella Valley, the property is near schools, parks, shopping, dining, entertainment, golf courses, employment centers, and other area amenities. With strong rental demand, desirable unit layouts, and substantial improvements already completed, the property offers investors an opportunity to acquire a solid income-producing asset with long-term potential in an established Coachella Valley rental market.

33654 Pueblo Trail, Cathedral City

Browse All Perris City CA Multi-Family Properties for Sale

Perris City Multi-Family Real Estate