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11626 Cedar Avenue presents an attractive six-unit multifamily investment opportunity in a desirable pocket of Hawthorne. Offered at $1,699,000, the property features a strong in-place 5.68% CAP rate and 10.45 GRM, with projected market rents supporting a pro forma 7.71% CAP rate and 8.54 GRM. Additionally, five of the six units are eligible for rent increases effective February 1, 2027, potentially increasing the CAP rate to 6.20%. The unit mix consists of four 2-bedroom/1-bath units and two 3-bedroom/2-bath units, providing a desirable combination of spacious floor plans. Built in 1963, the property consists of 5,926 square feet of improvements situated on a 7,661-square-foot lot. Recent capital improvements include updated vinyl windows, a complete roof replacement in 2020, exterior painting in 2022, and deck improvements in 2023. Additionally, one of the 3-bedroom units underwent a complete renovation in 2026, including the installation of an in-unit washer/dryer. The building offers ample on-site parking with six garage spaces and six additional driveway spaces. Current rents offer approximately 23% rental upside based on projected market rents, providing new ownership with an opportunity to increase income over time. Ideally located in Hawthorne, the property provides convenient access to major employment centers throughout the South Bay, including LAX, El Segundo, and the surrounding aerospace and technology industries. Residents also benefit from proximity to the 105 and 405 freeways, as well as SoFi Stadium, Intuit Dome, Hollywood Park, and the beaches of Manhattan Beach, Hermosa Beach, and Redondo Beach. Offered at an attractive $286.70 per building square foot, 11626 Cedar Avenue combines strong in-place income, recent capital improvements, a desirable unit mix, ample parking, and long-term rental growth potential in an established South Bay rental market.

We are pleased to present the Mora Kai Apartment Homes, located at 18881 Mora Kai Lane. This 42-unit multifamily investment opportunity is located in Huntington Beach. Built in 1964, the garden-style community totals approximately 46,060 rentable square feet on a ±2.76-acre lot. The property offers a desirable unit mix of 22 single-story two-bedroom / two-bathroom flats averaging approximately 1,000 square feet and 20 three-bedroom / two-bathroom townhomes averaging approximately 1,203 square feet. Set along a quiet, low-density residential street with a single point of ingress and egress, the asset is a well-maintained, fee simple community with a stable tenant base and spacious, family-oriented floor plans that support long-term tenancy. Half (21) of the forty-two units have been renovated, leaving upside for a Buyer to increase the already high 5% current CAP rate even higher. Each residence includes a private patio and in-unit washer and dryer, and the flat units have no neighbors above or below. Landscaped courtyards and walkable pathways surround a central swimming pool and community building. Parking includes covered carports, garages, and uncovered spaces on site, supplemented by street parking along Mora Kai Lane, and rented storage spaces are available, providing additional ancillary income potential. The property is located in a premier Orange County coastal market, just east of Beach Boulevard and north of Garfield Avenue. Daily conveniences are within walking distance, including Trader Joe's, Target, Ralphs, Albertsons, CVS, and Home Depot, along with a wide selection of local restaurants. Nearby recreation includes Harper Park, Langenbeck Park, Huntington Beach Central Park, the Huntington Beach Sports Complex, and the Huntington Beach Equestrian Center. Golden West College and Perry Elementary School are also close by. Residents are a short drive from Bolsa Chica State Beach, the Bolsa Chica Ecological Reserve, Pacific City, Downtown Huntington Beach, Main Street, and the Huntington Beach Pier. Access to the I-405 and Pacific Coast Highway provides excellent regional connectivity throughout Orange County. With its strong location fundamentals, attractive unit mix, and long-term rental demand, 18881 Mora Kai Lane represents a compelling investment opportunity in one of Southern California's most desirable multifamily markets.

Spanish Romance Behind a Hedge | A 1926 Compound in Longwood Highlands Discover a rare kind of privacy in Longwood Highlands, a quiet pocket of Mid-City where 1920's architecture survives block after block. Behind tall ficus hedges, a scrolled iron gate opens onto a courtyard the street never sees a tiered stone fountain at its center, decomposed granite underfoot, warm stucco walls, and the decorative wrought iron window grilles of a 1926 Spanish house beyond. The moment the gate closes behind you, Highland Avenue disappears and the day slows down. Three separate residences approximately 4,122 square feet in all are arranged across a 6,954 square foot lot, each with its own private entrance and its own address. The front building holds two gracious three-bedroom residences, wholly independent of one another, each with a full bath and a powder room. Both wear their 1926 character beautifully: a graceful arched opening between living and dining rooms, warm hardwood floors underfoot, custom cabinetry, stone countertops, soaking tubs and glass shower enclosures in the main baths. Generous living and dining rooms flow into kitchens where a bar-height counter invites people to pull up a stool and stay a while. The ground-floor residence lives easily on a single level, entered without a step. The upper residence, reached by its own private entrance, follows the sun through the day early light waking the rear bedrooms, afternoon and evening pooling across the front living and dining rooms. It is the brightest space on the property, and the hardest one to leave at five o'clock. Both have rear doors to the side of the house and the yard beyond. At the rear of the lot, a detached two-story guest house stands entirely on its own a permitted ADU with its own address and its own Certificate of Occupancy. One bedroom, one bath, and a fireplace to sit beside on a cool evening. Three outdoor spaces belong to it alone: a sheltered gravel court at the entrance, a full-width balcony directly above it, and a second deck off the rear. And then the water. A pool and spa rare for a multi-unit property in this part of the city set among slate pavers, with lawn and open room to gather on every side. In the yard, a Meyer lemon and an apricot grafted to bear three varieties on a single tree, both planted in 2023. Pentair equipment, smart control, and pool safety fencing. Beneath the romance, everything has been rebuilt. Central heat and air in both front residences, a two-zone mini-split system in the guest house. The attic and crawl space are fully insulated and lined with a radiant barrier, so the rooms stay cool through an August afternoon and warm underfoot in January not something a 1926 house does on its own. Both structures re-roofed under permit in 2023. The sewer lateral sleeved and warranted for thirty years. Lutron lighting, keyless entry at every exterior door, Ring cameras with motion-activated floodlights, and a Level 2 Tesla charger at one of two on-site spaces. The block restricts southbound traffic, so the street stays quiet and parking stays easy out front. A legal three-unit property with three private entrances and three addresses, all delivered vacant occupy one and lease the others, lease all three, or arrange the compound however life requires. A rare Mid-City retreat where 1926 character, modern comfort, and a courtyard gate between you and the city come together on one quiet lot.

***DELIVERED FULLY OCCUPIED!! REAL 7.18% CAP RATE*** Do not miss this opportunity to secure the cheapest new construction 4 unit property in the city of Los Angeles. Unbeatable price will allow you to capitalize on a 7.18% cap rate. Completing construction in 2026, this 4 unit is conveniently located on Gage and Central and is highlighted by 8 on site parking spots, SEPARATE UTILITIES FOR ALL UNITS, and a massive private back yard. Each unit comes equipped with modern brand new kitchens, open floor plans, laundry hookups, and assigned parking. All four units are perfect for roommates or families and are situated near public transportation and the110 freeway allowing easy access to downtown LA, USC, and South Bay. Do not miss your chance to lock in to a brand new 4 unit for an unbeatable price and achieve unmatched return on investment.

We are pleased to present 11520 Menlo Avenue, a 25-unit multifamily investment opportunity located in the desirable South Bay rental market of Hawthorne, California. Built in 1972, the property consists of approximately 14,561 square feet of building area situated on a 13,162-square-foot lot. The property offers an attractive unit mix consisting of one (1) two-bedroom/two-bathroom unit, seventeen (17) one-bedroom/one-bathroom units, and seven (7) studio units. The property has benefited from substantial capital improvements in recent years, including a complete copper repipe (2019), replacement of all drain lines (2024), pitched roof replacements (2019), deck improvements (2023), and exterior painting (2024). These significant infrastructure upgrades represent meaningful investments in the property and may help minimize future capital expenditure requirements. Select units have also been renovated with updated kitchens and bathrooms, modern countertops, upgraded flooring, and refreshed finishes. Offered at $5,400,000, the property provides investors with an attractive 6.12% current capitalization rate and a projected 7.19% pro forma capitalization rate, offering immediate cash flow with additional rental upside. The property is subject to California's statewide rent stabilization regulations under AB 1482 rather than a more restrictive local rent control ordinance, providing investors with greater flexibility for future rental growth, subject to applicable laws. Strategically located in the heart of the South Bay's aerospace and technology employment corridor, 11520 Menlo Avenue offers convenient access to some of Southern California's most prominent employers. The property is situated near SpaceX's extensive Hawthorne operations, along with Amazon's Ring facilities and other technology and advanced manufacturing employers. Nearby El Segundo and Redondo Beach are home to major aerospace and defense companies, including Northrop Grumman, Boeing, RTX (formerly Raytheon), and The Aerospace Corporation. The property also benefits from proximity to Los Angeles International Airport (LAX), the I-105 and I-405 freeways, and the neighboring coastal communities of Manhattan Beach, Hermosa Beach, and Redondo Beach. This concentration of major employers, combined with convenient regional accessibility, supports the property's appeal to a broad tenant base and long-term rental demand. With its extensive capital improvements, favorable unit mix, attractive in-place returns, and additional income potential, 11520 Menlo Avenue presents an excellent opportunity to acquire a sizable multifamily investment in the South Bay.

A rare opportunity in the desirable Larchmont Village neighborhood: a character-filled 1923 duplex, extensively renovated by its current owner, offering the combination that buyers wait for, one residence delivered vacant and ready for immediate move-in, the other producing rental income from day one. Substantial investments in major systems and structural improvements make this a compelling opportunity for an owner-user seeking a home with supplemental income, or an investor looking for a well-improved income property. 431 N. Norton (2BA/1BA) is vacant and move-in ready or ready to rent at market rate. Extensively and tastefully updated, it features an enhanced kitchen and dining area joined by an arched pass-through with breakfast bar, recessed lighting throughout, a skylit bathroom, hardwood floors, and a private patio. 429 N. Norton (2BR/2BA) underwent a comprehensive transformation, featuring a reimagined floor plan with an open-concept kitchen, dining, and living area. The residence offers a primary suite with en-suite bath and custom closet, maple hardwood floors, recessed LED lighting, tubular skylights, a spacious pantry, a private outdoor patio, and private garage access. Significant capital improvements include a new roof (2025, with permit), extensive foundation work and seismic retrofitting, all-new ABS drain lines beneath both residences, upgraded plumbing, new HVAC systems, dual-pane windows, extensive soundproofing between the residences, and individual tankless water heaters. Both detached garages are empty and available for the owner's use, with two additional parking spaces on the driveway in front of them. Outdoor amenities include expanded patios, a raised succulent garden, and updated hardscaping. Ideally located just moments from Larchmont Village's beloved boutiques, cafs, bakeries, coffee shops, and popular Sunday and Wednesday farmers markets.

Triplex featuring three units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Two units include full kitchen, one unit offers a kitchenette. Window air-conditioning units provide cooling. Additional features include a detached garage and a covered patio. Conveniently located near the 5 and 134 freeways, with easy access to the Los Angeles Zoo, Universal Studios Hollywood, and other popular local attractions, shopping,...

Marcus & Millichap, as the exclusive listing broker, is pleased to present 3444 & 3450 Redondo Beach Boulevard, a 10-unit multifamily investment opportunity located in Torrance, California. The offering consists of two adjacent five-unit buildings featuring four two-bedroom/one-bath units and six one-bedroom/one-bath units, with 1:1 garage parking. Ideally situated directly across from Alondra Park and Golf Course and within walking distance of El Camino College, the property benefits from a highly desirable South Bay location with strong and consistent rental demand. The buildings offer an efficient layout and attractive unit mix that appeals to a broad tenant base

BACK ON THE MARKET! This four-unit property features four one-bedroom, one-bath apartments, each with a kitchen, cabinetry, countertops, and a water heater. All units offer spacious bedrooms and are tenant-occupied, with 100% rent collection. Conveniently located two blocks from Adams Boulevard and approximately one mile from the USC campus. Potential for future rental income growth, subject to applicable rent-control regulations and allowable increases.