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4 rental homes on one lot. Total rents are $5,350. 2 electric and gas meters on the property. Good long term tenants. Recently renovated 3 units 8 months ago.

The LAAA Team of Marcus & Millichap is pleased to present 3662 N Fredonia Drive, a legal four-unit multifamily property featuring a newly completed Accessory Dwelling Unit (ADU) in the coveted hills of Studio City. Nestled within the Mulholland Scenic Parkway (Outer Corridor) and a TOC Tier 3 transit zone, the asset combines modernized improvements, strong in-place income, and minimal deferred maintenance, offering investors a turnkey, stabilized property in one of Los Angeles' most desirable rental submarkets. Originally constructed in 1941 and 1962, the property comprises two spacious two-bedroom units, one studio, and a brand-new 2025 ADU, completed with a Certificate of Occupancy issued July 27, 2025. The ADU is currently vacant and can be delivered either vacant or leased at closing, providing investors immediate flexibility to optimize income or occupancy. Together, the units total approximately 2,530 square feet across a 3,933-square-foot RD1.5-1 lot, fully within the City of Los Angeles. The newly completed ADU adds a fourth revenue streamlegally permitted under state housing lawenhancing income stability and cash flow without regulatory risk. Three legacy units are governed by the Los Angeles Rent Stabilization Ordinance (RSO), while the 2025 ADU is exempt, delivering a balanced rent mix with both stability and measured upside through natural tenant turnover. Current collections total approximately $9,615 per month ($115,380 annually), supported by upgraded interiors, reliable tenancy, and strong market fundamentals. Recent capital improvementsincluding plumbing, electrical, and interior renovationsminimize near-term expenses and ensure a low-maintenance investment profile. Located just north of the Cahuenga Pass, the property offers exceptional proximity to Universal Studios Hollywood, the Hollywood Bowl, and Ventura Boulevard, placing tenants within minutes of major employment centers, retail corridors, and entertainment venues. The hillside setting provides privacy, long-term renter appeal, and scenic surroundings, complemented by convenient access to the Metro B Line, 101 Freeway, and numerous neighborhood amenities. With its prime Studio City location, newly completed ADU, and strong in-place income, 3662 N Fredonia Drive offers investors a rare combination of income security, regulatory clarity, and appreciation potential in one of Los Angeles' most sought-after multifamily submarkets.

This property holds incredible potential, offering an exceptional opportunity to create something truly special while also presenting a potential development opportunity with two separate RD2-XL1 lots totalling 11,808 sq/ft. Currently, the property consists of two separate homes, a 3+2 craftsman style home built in 1914 and a cozy 1+1 cottage, a detached two-car garage, and a large backyard and additional expansive lot will allow your imagination to take hold. An adjoining 4,316sq/ft lot is included in the sale; this undeveloped lot is a hidden gem is brimming with endless potential. Some upgrades include copper plumbing, updated electrical panels, a new main sewer line, newer roofs and a whole home fan. This property invites your imagination to run wild, offering the perfect canvas to bring your vision to life in one of Hollywood’s most coveted and scenic neighborhoods; the possibilities are truly limitless.

Discover an exceptional investment opportunity with 26055 Bouquet Canyon Road, boasting a remarkable 5.09% cap rate and a fully leased veterinary tenant. This turnkey asset stands as a reliable source of immediate cash flow in the vibrant heart of Santa Clarita. Featuring 5,735 square feet of versatile interior space on a generous 13,871 square foot lot, this property includes 22 on-site parking spaces, ensuring convenience for both tenants and visitors. Located on the bustling Bouquet Canyon Road, you'll benefit from outstanding visibility and strong curb appeal, all while enjoying easy access to the I-5 and 14 Freeways.Situated in the SCMX-C zone (Santa Clarita Mixed-Use Corridor), the property is surrounded by well-established residential communities and an active mix of retail and service businesses, presenting a prime location for future investment growth. To schedule a private showing, please contact the listing agents directly with proof of funds. Email frantzsaintlouis@bhhscal.com and seankincaid@bhhscal.com with all offers or appointment requests. Please respect the tenant's privacy and do not disturb. Remember, any numerical details regarding square footage and lot size are approximations and should be verified by the Buyer. We encourage thorough investigation into the property's condition and suitability. Thank you!

Incredible multi unit property in south Talmadge completely renovated in 2019 and also one of the units in 2025. Each unit has updated kitchens with quartz countertops and white shaker cabinets, modern bathrooms, flooring, new windows, custom blinds and heating. Brand new appliances! All four units get great rents plus an optional office space and basement storage space for tenants which is already piped for plumbing for a fifth unit. New turf grass area for pets to play and run around. Large lush courtyard for tenants to enjoy and security gates around to create a secure complex. Back parking lot is enough for 5 cars and 2 motorcycles. Property also includes coin laundry on site for additional income. Opportunity to build two more units on property and confirmed by local ADU company, inquire agent for more details. Great property still with lots of opportunity to increase value!

This is a very nice triplex, inside and out! Freshly painted stucco building with tile roof. Newer special engineered wood flooring. AND ALL UNITS HAVE THEIR OWN SEPARATE WATER METER!! SO YOU CAN MAKE EACH TENANT PAY THEIR OWN WATER BILL!!!! All units are 2 bedrooms 1 baths. Kitchens have been upgraded including newer counter tops, cabinets and appliances. Ceiling fans throughout. Each unit has it's own private fenced yard area! One car garage for each unit. Central heating and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. Walk in closets for each unit!!! This complex really performs! Please see directly below! At ACTUAL RENTS, we're putting out $60,480 annual gross income, an impressive 10.75 Gross Rent Multiplier, a much better than market 7.62% Cap Rate, and a robust 11.21% Cash on Cash Return!! At MARKET RENTS, we're putting out, $75,600 Annual Gross Income, an eye opening 8.60 Gross Rent Multiplier, a seldom seen near double digit 9.94% Cap Rate, and an incredible 19.37% Cash on Cash return. Please see MARKETING PACKAGE in SUPPLEMENTS for details including rent roll, income, and expenses. Finally, we have two other triplexes like this that can be bought.

Rare Investment opportunity in Rancho Mirage with Mountain views. This 4 plex is located on the corner of Thunder Road and Bird Lane off HWY 111. Located in the heart of Rancho Mirage with relaxing swimming pool & lots of parking and is pet friendly. Unit 1-$1445.00 (621SF) is a 1 bed 1 bath with refrigerator, stove, microwave, private patio, carport for 1 car & extra parking, Unit 2-$1250.00 (1050SF) is 2 beds 1 bath & TV room with refrigerator, stove microwave, private patio carport for 1 car, extra parking , Unit 3-$1695.00 (621SF) is a 1 bed 1 bath with fireplace, refrigerator, stove, microwave, private patio, carport for 1 car & extra parking, Unit 4-$1750.00 (594SF) is a 1 bed 1 bath with remodeled kitchen, refrigerator, Stove, microwave overlooking the pool, private patio and extra parking to the side of unit. Pool has a new pool pump & filter (October 2025) , exterior of building painted in September 2025. All units separately metered for gas, elec & water. all units are currently month to month. Owner pays trash $60/per month ($720/per year) Gardener $200/per month ($2400/per year) pool service $200/per month ($2400/per year) insurance $2000/per year. There are 5 meters and #5 is for the exterior lights & Pool equipment owner pays $100/per month. Owner has kept this property well maintained. Conveniently located near shopping & restaurants. Call listing agent for details. Please do not go on the property and do not disturb tenants.

We are proud to present 8715 Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at a 11.34% CAP and 6.29 GRM upon lease up on the 4 vacant units, with upside potential to achieve an 11.56% CAP and 6.29 GRM upon stabilization. Located just south of Manchester Ave and east of Hoover St, abutting the Algin Sutton Recreation center, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. The property is comprised of three separate buildings, a two-story front structure, a single-story ADU, and a single-story rear building offering a total of 4,085 rentable square feet. Built in 1905, the property sits on a sizable 5,802 SF LARD2-zoned corner lot with street access on both sides. The unit mix features one three-bedroom unit, four two-bedroom units, and one one-bedroom unit with 4 units delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Five out of six units have been renovated including the four vacant units. Contact the listing broker for additional details.

817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovated—providing an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beach’s steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beach’s most active rental markets.