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First time on the market in over 41 years. Current rents are substantially below market rent, providing tremendous rental income upside for the Buyer. RECENT IMPROVEMENTS: All new garage doors installed April 2024. New roof installed March 2018. Upgraded electrical panel and system. 6.74% Cap Rate based on Actual Rent. Request the offering memorandum from Broker.

PLEASE SEE NEARBY SALE COMP IN SUPPLEMENTS ATTACHED FOR $1,248,000!! SIMILAR BED/BATH COUNT AND SIMILAR DISTANCE FROM UNIVERSITY!!! That's why this is a rare great offering. Just minutes north of the University and south of Redlands Blvd. Property consists of a large 2,500 SF +/-, 3 bed 2 bath freestanding home with it's own private fenced front & rear yard in the front of the property. And a duplex in rear of the property that consists of two 2 bed 1 bath for each duplex unit. PLEASE SEE 3&2 and 2&1 RENT COMPS IN SUPPLEMENTS ATTACHED! Further, there is excess land of a building pad that can accommodate 4+ plus units. All property and units have been remodeled like new. Front house has all its own utilities including its own water meter that tenants sign up for and pay for SO LANDLORD DOESN'T HAVE TO PAY WATER!!. The front house is vacant but we have a tenant lined up to pay $3,500 monthly if your buyer wants. The front house has it's own laundry room inside, and the duplex has its own laundry room. At Actual Rents (including prospective tenant) we're putting out a better than market 7.05% Cap Rate!!! At market rents, we're putting out a 9.48 Gross Rent Multiplier, an impressive 9.16% Cap Rate, and an EYEOPENING 17.00% CASH ON CASH RETURN!!. Please see this data along with the the Rent Roll in the SUPPLEMENTS attached.

5810 San Vicente Boulevard, "The Wick", is a meticulously maintained fourteen-unit property comprised of (2) studios, (9) one bed-one bath, and (3) two bed-one bath units. Built in 1958, the property has had extensive capital improvements and renovations completed within the last 5 years, allowing new ownership to take advantage of a well stabilized, cash flowing asset. Improvements include 12/14 units remodeled, completed soft story retrofit, and new plumbing and electric. The Wick is priced at a 7.00% cap rate and 9.90 GRM with an upside to an 8.52% cap rate and upside to a 8.77 GRM at market rents. In addition, the property has eight parking spaces and storage that can be rented for additional income.

28-Unit Multifamily Investment Opportunity in West Covina. Exceptional opportunity to acquire West Covina Terrace Apartments, a well-located 28-unit multifamily apartment community situated at 1127-1131 E Garvey Ave N in West Covina. Built in 1958, the two-story property encompasses approximately 18,382 square feet of building area on an approximately 33,829-square-foot (0.78-acre) lot.The property is currently generating approximately $560,000 in annual gross income, providing an investor with substantial in-place revenue from day one. With an asking price of $6,800,000, the property is offered at approximately $243,000 per unit, an attractive basis for a 28-unit multifamily asset in the San Gabriel Valley. In addition to its current income stream, the property offers the potential for future revenue growth through continued professional management and the opportunity to increase rents over time as permitted.An additional benefit to ownership is the property's tenant utility reimbursement program for water and trash. Water and trash expenses are initially paid by ownership and subsequently billed back to and reimbursed by a majority of the tenants through a third-party utility billing service. These reimbursements provide additional income to help offset a portion of the property's utility expenses and improve operating efficiency.West Covina Terrace features a desirable and diversified unit mix consisting of 4 studio units, 20 one-bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. The strong concentration of highly marketable one-bedroom apartments, complemented by studio and two-bedroom residences, appeals to a broad tenant base and provides a balanced rental mix.Additional property features include a gated courtyard-style setting, community laundry facilities, 28 separately metered electrical services, and designated on-site parking for every unit. Providing each residence with assigned parking is a particularly desirable amenity in the Southern California rental market and further enhances the property's tenant appeal.Strategically positioned along the Garvey Avenue corridor, the property offers excellent access to the I-10 Freeway and is conveniently located near Plaza West Covina, shopping, restaurants, employment centers, schools and everyday services. Its central San Gabriel Valley location provides convenient connectivity to surrounding communities and the greater Los Angeles area.The surrounding area also benefits from attractive demographics, with approximately 23,000 residents and more than 7,000 households within a one-mile radius, along with a median household income of approximately $89,000.With 28 units, approximately $539,000 in current annual gross income, Significant tenant reimbursement of water and trash expenses, designated parking for every unit, an asking price of approximately $243,000 per unit, a highly marketable unit mix and a substantial parcel, West Covina Terrace Apartments represents an excellent opportunity for an investor seeking immediate income, scale and long-term ownership potential in an established Southern California rental market. Please do not disturb tenants or walk the property without an appointment. Buyer and buyer's representatives are advised to independently verify all information, including but not limited to unit count and mix, square footage, lot size, zoning, permitted uses, rents, income, expenses, utility reimbursements, parking, building systems and development potential with the appropriate governmental agencies and other sources.

1317 E. 1st Street presents a rare opportunity to acquire a fully renovated triplex in the heart of Alamitos Beach with a unique combination of residential quality, strong in-place income, exceptional parking and owner-occupancy potential. The property has undergone an extensive renovation program totaling ~$375,000, including the complete rebuild of all three residential units. The improvements have created modern, highly competitive residences while substantially reducing the deferred maintenance and near-term capital expenditure. Situated on an 8,263-square-foot lot, the property consists of three separate residences totaling 2,367 square feet: (1) spacious 1,300-square-foot 3BD/2BA main residence; (1) 650-square-foot 1BD/1BA unit; and (1) 417-square-foot studio. A significant competitive advantage is the property's eight off-street parking spaces, including five alley-access garages and three driveway spaces—an exceptional amenity in highly parking-impacted Alamitos Beach. In addition to enhancing tenant appeal and marketability, the five garages provide a meaningful ancillary income stream with additional upside potential. The combination of extensive parking and garage income differentiates the property from competing coastal rental properties while providing an additional source of revenue beyond residential rents. The property's full-sized 3BD/2BA main residence creates a compelling opportunity for an owner-occupant seeking the lifestyle and privacy of a traditional home while benefiting from supplemental rental income. Thoughtfully remodeled with owner occupancy in mind, the front residence offers 1,300 square feet of living space, generous common areas, and ample parking. A separate basement provides valuable additional storage. Meanwhile, the two additional residences and five private garages provide multiple income streams that can help offset mortgage and operating costs. This combination of residential comfort, privacy, parking and income potential is particularly difficult to replicate in a prime coastal neighborhood. Located in the heart of Alamitos Beach, the property benefits from immediate access to the beach and bike paths, Downtown Long Beach, and an extensive collection of neighborhood dining, retail and entertainment amenities. With a 94 Walk Score, the neighborhood offers the highly walkable, beach-oriented lifestyle that continues to drive renter demand and premium rents.

1235,1241,1247 Clavel AveTURNKEY 4PLEX EXTENSIVELY UPGRADED INCOMEPRODUCING INVESTMENT w 6 INCOME STREAMSOpportunities like this are exactly what serious investors look for & rarely findWelcome to an exceptional turnkey fourplex that combines immediate income potential, extensive upgrades, strong tenant appeal, & the long-term advantages of owning a quality multi-unit assetUnlike properties that require significant improvements after closing, this one has already undergone substantial upgrades, giving the next owner the opportunity to acquire a well-positioned investment w o inheriting an extensive renovation list.From the moment you arrive, the pride of ownership is evident. Property features fresh interior & exterior paint, newer roofing, newer air-conditioning systems, most units have recessed lighting,& attractive contemporary finishes throughout.Inside, the units have been thoughtfully upgraded with most units containing quartz countertops, elegant marble bathrooms, & stainless-steel appliances. Most have newer refrigerators, & washer/dryer sets as well. The property is also mostly furnished, adding another layer of value & convenience for the incoming investorINVESTMENT ADVANTAGEThis property isn't simply about four units, it's about acquiring an asset where much of the heavy lifting has already been done12 on-site parking spaces, including several covered spaces, provide an outstanding amenity that helps distinguish this property from competing rentals. Combine that with an established tenant base, extensive improvements, attractive curb appeal, & desirable upgraded interiors, & you have the fundamentals investors want for long-term ownershipINVESTORS SHOULD TAKE NOTICE4 units 6 income streamsEstablished tenant baseExtensively upgraded & mostly furnishedNewer roofing & air-conditioning systemsQuartz countertops & marble bathroomsMost Stainless-steel appliancesFive newer refrigeratorsWasher/dryer setsFresh interior & exterior paintModern recessed lighting12 parking spaces w covered parkingReduced near-term improvement needsExcellent tenant appealStrong long-term investment potentialBUY THE ASSET CAPTURE THE INCOME POSITION YOURSELF FOR THE FUTUREFor the investor searching for a property that offers income today w long term upside tomorrow, Clavel Ave deserves serious considerationThe improvements are in, the tenants are established, the property is positioned and ready to be part of your investment portfolio!

Opportunity to own a renovated fourplex in the heart of Echo Park. 2116 Kent Street offers investors a turnkey, 100% occupied income property with a combination not often found in this submarket: strong current cash flow, significant rent upside, and future development potential. The property consists of one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units, and one studio, all currently leased. The studio is the only unit yet to be recently renovated. The remaining three units have been extensively updated, taken down to the studs over the last few years, and the building benefits from a new roof (2024), meaning the next owner steps into a property with minimal near-term capital exposure. The property is zoned LAR4 on a 5,269 SF lot, supporting significant future density (buyer to verify exact entitlements with the City of Los Angeles), positioning 2116 Kent Street as a compelling opportunity for both income-focused buyers and long-term developers. Ideally located just 1.5 miles from Dodger Stadium and under two miles from Downtown LA. The surrounding area is also close to LA Live, Crypto.com Arena, the LA Convention Center, and the LA Coliseum, several of which are slated to host events during the 2028 Summer Olympics, positioning the neighborhood for continued infrastructure investment and growth in the years ahead. Drive-by only.

Three houses on a large lot with plenty of parking, each with 3 bedrms and 2 baths. Unit 4848 is nicely remodeled throughout with newer cabinets and new appliances in the kitchen, fresh paint, laminate wood flooring, and has washer/dryer hookups in the back! Ideal for an owner occupant. It also has a small yard area for pets! Only one block to the middle school. With potential rent on unit 4848, the income can possibly be $90k/yr but Buyer to verify. Many homes in the area are updated. Conveniently located. The other two units have excellent long-term tenants, and each separate home has laundry hookups- a great advantage when renting! The front house has a laundry room inside, a large yard area and a patio area in the back. There are two enclosed garages with additional income- $180/mo for garage (4846) and $110/mo (4842). Other properties in the area with much smaller lots have added ADUs! Property has been maintained and being sold as-is. Expenses are incomplete from property manager. Water ($5133) probably includes trash.

Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! 1978-construction, 6-car garage parking. 3-bedroom 2-bathroom two-story unit in the front, and 4 x 2-bedroom 1-bathroom units in the rear, above the garages. Ample parking for all units, plus driveway space. Newer-style construction for the neighborhood. Pride of ownership property, with great long-term tenants and ease of management for a new owner.