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Rare multifamily investment opportunity in Escondido with endless possibilities! This 3-unit income property (approx. 2,802 sq ft) sits on a generous 0.34-acre lot ( approx. 14,832 sq ft ) zoned M-1 Light Industrial. The zoning allows a wide range of uses, including warehouse, light manufacturing, assembly or meeting space, and other commercial and industrial options. Buyers can hold it as a rental, reposition it, or explore commercial conversion or redevelopment. The large lot gives room for expansion or improvements. Minutes from downtown Escondido, shops, and services, with convenient access to major North County routes. Strong rental demand and a flexible zoning designation make this ideal for investors, owner-users, and developers. Buyer to verify zoning, permitted uses, and conversion feasibility with the City of Escondido.

Pinecrest Apartments presents a prime opportunity to acquire a 57-unit community located at 1683 Pumalo Street in San Bernardino, California. Situated on a sprawling +/-101,200 square foot lot with a total building area of +/-52,070 square feet, the property reflects meaningful capital improvements, with approximately 47% of units having undergone a full renovation featuring modern wood-style flooring, designer countertops, updated interior paint, contemporary fixtures, and newer style appliances. The 57-unit community spans nine buildings in the Northeast Sterling neighborhood, offering seamless connectivity via the State Route 210 freeway with immediate access to Interstates 215 and 10. This central location links San Bernardino County and the Greater Los Angeles region. Pinecrest features a unit mix of one 1-bedroom/1-bathroom and fifty-six 2-bedroom/2-bathroom floor plans, with a generous average unit size of +/-914 square feet. Built in 1985, the community is meticulously maintained and offers a well-appointed amenity package designed for comfort and convenience. Interior features include central air and heating, newer style appliances, and large outdoor patios in select units. The community provides a sparkling swimming pool, a new onsite laundry facility, and assigned parking on attractively landscaped grounds. San Bernardino’s resilient economy is anchored by major employers including the County of San Bernardino, Dignity Health, the San Bernardino City Unified School District, Stater Bros. Markets, and Amazon’s regional fulfillment operations. The location is less than nine minutes from the San Bernardino Metrolink station, with direct service to Los Angeles Union Station, and just seven miles from California State University, San Bernardino. Nearby points of interest include Downtown San Bernardino, the Yaamava’ Resort and Casino, Dignity Health - St. Bernardine Medical Center, the San Bernardino International Airport, and the San Bernardino National Forest, offering a unique blend of urban accessibility and outdoor recreation.

WD Land is pleased to present the opportunity to acquire The Roxy, a fully renovated 16-unit apartment community at 4205 Noyes Street in Pacific Beach. Set at the corner of Noyes Street and Oliver Avenue, the property sits just north of the Kendall-Frost Mission Bay Marsh Reserve, a short walk from the Mission Bay shoreline and a quick ride to the Pacific Beach boardwalk, Garnet Avenue and the coast. Originally built in 1959, the two-story building was taken down to the studs in a 2021 gut renovation. Major building systems were replaced, including a new roof, new electrical and plumbing upgrades, and every unit was rebuilt with new windows, gray shaker kitchens with white countertops, blue subway-tile backsplashes and stainless appliances, new plank flooring, ceiling fans and fully remodeled baths with new vanities, tubs and patterned tile. The result is 16 turnkey junior one-bedroom homes averaging ±450 SF, with 15 off-street parking spaces and a cozy coastal look carried outside through seafoam doors, iron railings and lantern lighting. At the offering price of $5,400,000 ($337,500 per unit), The Roxy offers the lowest price per door of any multifamily property currently on the market in Pacific Beach. It trades at a 4.64% cap rate on in-place income and 5.54% at market rents, with a 13.21 GRM falling to 11.77 at market. That price per unit sits about 23% below the $436,935 average of nine recent Pacific Beach sale comparables. Current rents average $2,046 per unit against a $2,300 market rent and a $2,379 average among nearby one-bedroom comparables, leaving room to grow income as units turn, with RUBS and pet rent already in place. With capital work complete, The Roxy suits 1031 exchange buyers, private investors and long-term holders seeking a low-maintenance coastal asset in one of San Diego’s most supply-constrained beach markets.

INVESTORS TAKE NOTICE! An excellent opportunity to acquire an income-producing duplex in the desirable Bermuda Dunes rental market! Whether you're looking to expand your investment portfolio, generate rental income, or explore future value-add potential, this versatile property offers an attractive combination of established tenancy, functional living spaces, and long-term investment possibilities.Featuring two separate residences with a combined 5 bedrooms, 3 bathrooms, and an additional bonus room, this property offers flexibility and strong tenant appeal. Unit A features 2 bedrooms, 1 bathroom, spacious living and dining areas, a private entrance, private patio, and covered one-car garage. Unit B offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room with potential for a 4th bedroom or home office. The larger residence also features an open-concept living area, bright kitchen, private courtyard, and attached two-car garage.Numerous improvements have already been completed, including updated laminate flooring, kitchen and living room windows, electrical outlets, ceiling fans, a newer A/C compressor, mini-split system, kitchen enhancements, and plumbing upgrades. Appliances are included, adding convenience for the next owner.Additional highlights include a sparkling swimming pool, expansive backyard, oversized side yard, low-maintenance desert landscaping, generous driveway parking, and potential RV parking. The property backs directly to a neighborhood park with a basketball court, adding to its appeal.THE INVESTMENT OPPORTUNITY: Both units are currently tenant occupied, providing an existing rental income stream with the opportunity to evaluate future rental growth and long-term equity potential. With separate entrances, private outdoor spaces, multiple garages, and desirable floor plans, this duplex offers the features tenants value.Conveniently located near shopping, dining, golf, schools, and easy freeway access, this Bermuda Dunes investment property is worth a closer look. Secure two rental residences in one acquisition and explore the possibilities for your portfolio!Both units are tenant occupied. Showings by appointment only. Please do not disturb occupants. Buyer to verify rental income, expenses, permits, and investment potential.

CHICO STATE INVESTMENT OPPROTUNITY! Opportunity awaits at 827 W. 2nd Avenue! Conveniently located near Chico State, this well-maintained property offers an appealing combination of immediate rental potential and exciting possibilities for the future. The existing home features a newer roof, fresh exterior paint, and a clean, move-in-ready presentation. Solar helps reduce electricity costs for occupants, adding another attractive feature for tenants. With estimated rental potential of approximately $2,300–$2,500 per month, this property could be an excellent addition to an investment portfolio or a smart option for parents purchasing housing for a Chico State student. What truly sets this property apart is the spacious backyard and R-3 zoning. The generous lot presents an opportunity to explore additional residential development, potentially including an ADU, duplex, or other multifamily configuration. A previous owner even explored plans for a triplex. Whether you're looking for rental income today, housing for a college student, or a property with longer-term investment possibilities, 827 W. 2nd Avenue deserves a closer look. Buyers should independently verify zoning, permitted uses, development capacity, utilities, setbacks, and all requirements with the City of Chico. Rental figures are estimates and are not guaranteed.

This property is located in the rapidly growing Virgil Village neighborhood, right on the edge of Silver Lake. This fixer duplex features two homes on one lot. The back home, a one bedroom unit, is currently vacant, while the other unit is tenant occupied. The foundation needs repairs, and there is no on-site parking. There is also an opportunity to purchase two adjoining lots together, totaling apx 13,012 sq. ft. The adjacent property at 441 N. Commonwealth Ave. is a single family home situated on a 5,506 sq. ft. lot, offered at $850,000. Total asking price for both properties: $1,650,000.

Come see this rare opportunity to own half an acre of land less than 1/2 mile from USC and steps away from Exposition Park. Excellent Location - Located minutes from USC & DTLA. Exposition Park is within walking distance. Historic South Los Angeles is a storied neighborhood. Proximity to Major Freeways – 10, 5, 110, and 60 Freeways for seamless access to major corridors. Strong Job Market - Located in an area with a Major Corporations and a skilled industrial labor pool and excellent public transit connectivity. Proximity to Ports of LA and Long Bach & Airports. 12-Unit Apartment Complex (fully leased) Eight detached 2-bed units + four 1-bed units Building Total ± 7,904 SF | Lot Size ±25,986sf Parcel No: 5037008015 (3,952sf / ±11,058sf) Parcel No: 5037008016 (3,952sf / ±14,928sf) Year Built: 1921/1926 In place rents: $9,981/mo Parking at rear of property

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 6194800890...

WD Land is pleased to present the opportunity to acquire Urban Heights, a 15-unit multifamily property at 3853–3865 Cherokee Avenue in the Cherokee Point neighborhood of central San Diego. The property sits where North Park, Normal Heights and City Heights meet, close to the restaurants, coffee shops and transit of the University Avenue corridor, with Balboa Park, Downtown and Mission Valley a short drive away. The offering spans two adjoining parcels totaling ±13,806 SF. The first, 3853–3859 Cherokee, holds a 13-unit apartment community: a two-story stucco building with exterior walkways and a single-story front building beneath the property’s reclaimed-wood Urban Heights sign. The second, 3861–3865 Cherokee, is a cottage style craftsman duplex on its own lot behind a redwood privacy fence. Originally built in 1953, the property completed a full interior and exterior remodel in 2020, with new windows, a new roof, new electrical and plumbing upgrades. Units were refinished with plank flooring, shaker cabinetry, granite countertops, stainless appliances and fully tiled baths. At the offering price of $3,425,000 ($228,333 per unit and $506 per SF), Urban Heights trades at a 6.01% cap rate on in-place income and 6.64% at market rents, with a 9.91 GRM falling to 9.27 at market. That is roughly 26% below the $306,755 per-unit average of eight nearby sales since early 2025, at a cap rate 72 basis points above their 5.29% average. In-place one-bedroom rents average $1,761 against $2,044 among nearby one-bedroom comparables, leaving room to grow income as units turn. With a Walk Score of 91 and steady renter demand, Urban Heights suits 1031 exchange buyers, private investors and long-term holders seeking a remodeled, multi building asset in one of San Diego’s most walkable urban submarkets.