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1019 Lewis Avenue presents the opportunity to acquire a substantially renovated 16-unit multifamily property offering strong in-place cash flow, a stable income profile and additional rental upside in a highly walkable north Downtown Long Beach location. Offered at $3,565,000, the property generates a 8.02% current cap rate, with upside to a 8.84% market cap rate as rents move toward market levels. Ownership has invested approximately $400,000 in capital improvements, significantly reducing near-term capital expenditure requirements for a new investor. Fifteen of the property's 16 units have been fully renovated, while major building improvements include a new roof on one building, a newly sealed roof on the second building, a new 400-amp main electrical panel, upgraded subpanels and majority copper plumbing. The property features a highly desirable unit mix consisting of (14) 2BD/1BA units and (2) 1BD/1BA units. Current rents average $2,160 per unit, compared with projected market rents of ~$2,325, representing approximately 7% overall rental upside. Scheduled rental income has the potential to increase from $429,204 to $460,800 annually as rents are brought toward market levels. The property benefits from a stable income profile, with the majority of residents participating in HACLA or HACLB housing assistance programs. This provides an attractive combination of dependable rental income and continued organic upside as below-market rents are adjusted over time. Two newly constructed ADUs have already been incorporated into the property, increasing the asset's income-producing unit count while demonstrating the property's ability to accommodate additional density. Ownership has identified the potential for additional ADU development, providing a future investor with another avenue for long-term value creation beyond the existing rental upside. At the $3,565,000 offering price, 1019 Lewis generates $286,022 in current NOI, equating to 8.02% current cap rate and 8.31 GRM. At projected market rents, NOI increases to ~$315,138, supporting a 8.84% market cap rate and 7.74 GRM. The combination of strong day- one yield and ~$29,136 in additional NOI potential provides investors with meaningful current income without relying on an extensive renovation or repositioning program. Located just north of Downtown Long Beach, 1019 Lewis provides convenient access to the city's employment centers, shopping, dining, transit and waterfront amenities.

Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.

Excellent opportunity to acquire a fully tenant-occupied five-unit property in a highly desirable and convenient North Oakland location. Generating $10,141 in monthly rental income ($121,692 annually), this income-producing property features spacious units, several of which have been extensively updated. Additional highlights include a common laundry room with existing hookups, offering the opportunity to install machines and create an additional income stream, as well as easy-care landscaping. A tenant-maintained vegetable garden is anticipated to be converted to drought-resistant landscaping. Ideally located near AC Transit and Transbay bus service, with convenient access to BART, Temescal, Rockridge, and the shopping, dining, and neighborhood amenities along Telegraph Avenue and College Avenue. Easy access to Berkeley, Emeryville, and other major Bay Area destinations. A compelling opportunity for investors seeking a fully occupied multifamily property with established rental income in a sought-after Oakland location.

Great floorplan, bones and potential on this Duplex! Check out these mirror image 2-bedroom 2 bath units just shy of 1000 sq ft each. Each unit has its own attached oversized one-car garage and space for multiple cars in the driveway. Enjoy the great mountain and valley views from your large front porch for morning coffee and a peaceful back patio for end of day relaxation. Property has two solid tenants and is professionally managed. Tenant in A pays $1523 as of 1/1/26 and is on a month-to-month lease. Tenant in B pays $1540 as of 6/1/26 and is on a month-to-month lease. Unit A is in rough condition in need or some repairs and cosmetic improvements. Unit B appears to just need cosmetic improvements. More details on who pays what, who owns what and more exciting property info to follow. Check out the photos of unit B at last vacancy in May 2024

We are pleased to present 321 N Sycamore Avenue, a 4-unit courtyard building offered for sale in the Miracle Mile/Mid-Wilshire submarket of Los Angeles. Built in 1927 and held under the same ownership for over 40 years, the property comes to market for the first time in a generation. The property offers two 3+2 and two 2+1 units totaling approximately 7,340 SF on a 7,502 SF LAR3-zoned lot. The 3+2 units are approximately 1,950 SF each, substantially oversized relative to the submarket and well suited to attract long-term, high-quality tenants. The front 3+2 unit is being delivered vacant at close of escrow, providing an incoming buyer with immediate ability to renovate and lease at market rate with no displacement risk. The vacant unit also presents a compelling owner-user opportunity, allowing a buyer to occupy a large, character-filled 3+2 home in one of Los Angeles' most desirable mid-city neighborhoods while the remaining three units offset carrying costs. Priced at $2,200,000, the offering equates to $550,000 per unit and $299 per gross SF, representing an attractive entry basis for the submarket. Two of four units are significantly below market, with pro forma rents underwritten at $3,750 per month for 2+1 units and $4,625 per month for 3+2 units, driving a pro forma CAP rate of 6.18% and a market GRM of 10.95 against a 3.27% current CAP and16.92 current GRM. The LAR3 zoning and existing detached garage create a viable pathway for ADU conversion. The garage could be converted into an additional dwelling unit without replacing the parking, potentially adding a rentable unit to the property, increasing gross income, and meaningfully compressing the effective per-unit basis (buyer to verify). The property sits within the Citrus Square Historical District, with walkable access to Beverly Hills, West Hollywood, Cedars-Sinai Medical Center, and the Museum Row corridor along Wilshire Boulevard. The submarket is characterized by deep renter demand, minimal new supply, and consistently low vacancy, supported by some of the strongest household income demographics in LA.

1937 12th St is a charming six-unit multifamily property in Santa Monica, offered for the first time in over 40 years. With five single-car garages, completed soft-story retrofit, professionally managed for years, and a location near the beach and the rejuvenated Pico Boulevard's neighborhood amenities, the property offers an appealing opportunity to acquire a long-held apartment investment in one of the Westside's most desirable coastal communities. The property totals approximately 3,954 square feet on an approximately 7,497 square foot lot. The unit mix includes one two-bedroom, one-bath residence and five one-bedroom, one-bath residences, including two upstairs junior one-bedrooms. At the front of the property, a bungalow-style facade, covered porch and landscaped walkway create a welcoming residential character that distinguishes the offering from a larger apartment complex.Parking is a notable part of the appeal. Five single-car garages provide valuable enclosed parking, complemented by multiple perpendicular public street parking spaces directly along the frontage. Together, the garages and street configuration are a useful distinction in this coastal-city setting. The location brings Santa Monica's neighborhood life and coastal attractions together. Pico Boulevard offers restaurants, coffee shops and everyday services, while Santa Monica State Beach, Shutters on the Beach and Hotel Casa del Mar place the city's signature beachfront experience within reach. Santa Monica College and the Pico Farmers Market at Virginia Avenue Park add to the surrounding neighborhood amenities, complementing the dining, shopping and recreation that make Santa Monica such an appealing place to live. With its inviting residential character, five garages and established Santa Monica setting, 1937 12th St offers investors a long-held six-unit property with the everyday convenience of a neighborhood location and the lifestyle appeal of the coast.

Prime tenant-occupied Monterey Park triplex! Perfect for savvy investors seeking steady holding income and future revenue optimization. The front building features two single-story units (2BD/1BA each), both offering a spacious living/dining combo and a good-sized kitchen. Positioned alongside is a custom upper-level 2BD/1.5BA unit set above the parking area, featuring vaulted ceilings, a large kitchen, dedicated dining area, spacious living room, and a private enclosed upstairs patio. All units feature dual entrances. Amenities include a central courtyard, shared laundry, two 1-car garages, a 2-car garage, and carport parking. Enjoy close proximity to DTLA, shopping, schools, and freeways. Outstanding long-term investment opportunity!

***ONE UNIT VACANT TO OWNER OCCUPY! ***Located in San Bernardino, this corner lot 4 unit property offers a unique multi family setup with a duplex facing W Congress St and two separate single family residences facing Prospect Ave, with each unit featuring its own private front and back yard. The property includes four separate garages, with the middle garage assigned to 1225 W Congress, the first garage assigned to 225 Prospect, and the third garage closest to 227 Prospect assigned to vacant Unit 1223 W Congress; Unit 227 Prospect does not have an assigned garage. With four separate living spaces, private yards, corner lot positioning, and garage parking, this property offers a versatile multi unit opportunity for investors and owner occupants alike.

This price is ridiculous. Grab it now before its gone. Great ~ Unique ~ Unusual ~ Incredible duplex listing like nothing else on the market. Front unit A 2BR/2BA 800 sq ft and back unit B 3 BR/2BA 1561 sq ft built in 1989 with a large 2 car garage for each unit. Enjoy the nice size private yards taking in beautiful mountain views, sipping morning coffee, outdoor dining, or relaxing at the end of the day. Property has two solid tenants and is professionally managed. Both tenants are on month to month with unit A paying $1817 as of 4/1/26 and unit B paying $1512 as of 12/1/26. YES both rents are extremely low especially unit B. More details on who pays what, who owns what and more exciting property info to follow. Check out the photos of unit A at last vacancy in April 2024.