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Located in the heart of Van Nuys, 13825 Vanowen St presents an excellent multifamily investment opportunity in one of the San Fernando Valley’s most active rental markets. Positioned on a prominent corner lot along a major thoroughfare, the property offers strong visibility and convenient accessibility for tenants, making it a highly desirable location within this established residential neighborhood. The property features a diverse unit mix of 14 units, consisting of 4 Singles, 8 One-Bedroom/One-Bath units, 1 Two-Bedroom/One-and-a-Half-Bath unit, and 1 Two-Bedroom/Two-Bath unit. This well-balanced mix caters to a wide range of renters, from students and young professionals to small families, helping maintain consistent tenant demand. The building has been maintained with copper plumbing and offers individually metered gas and electric utilities, helping minimize owner expenses and improving overall operating efficiency. Tenants enjoy several convenient amenities including on-site parking and on-site laundry facilities, features that are highly valued in the local rental market. The property’s configuration and corner positioning also allow for strong natural light and accessibility, further enhancing tenant appeal. Situated in a high-demand rental corridor, the property benefits from close proximity to numerous everyday conveniences. Residents are just minutes from a variety of shopping centers, restaurants, grocery stores, and neighborhood services, while commuters enjoy easy access to the nearby Van Nuys Metrolink Station for regional transit options. Additionally, the property is located a short distance from Los Angeles Valley College, providing a consistent pool of potential renters including students and faculty. For commuters, the location offers quick access to both the Interstate 405 and the California State Route 170, allowing for convenient travel throughout the San Fernando Valley and greater Los Angeles area. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

HUGE PRICE ADJUSTMENT, MOTIVATED SELLER. Presenting 1242 E. 7th Street, Long Beach, a 3-unit multifamily property with a non-conforming bonus unit offering four income streams in one of Long Beach's most accessible and desirable coastal-adjacent neighborhoods, located less than one mile from Alamitos Beach. The true headline here is the development upside: the property sits on a generous 8,022 SF lot zoned CNR, a flexible bonus-density designation that supports a higher-density mix of residential uses than standard zoning, with access to Long Beach's Enhanced Density Bonus program and significant ADU expansion potential via SB 1211, California's most aggressive multi-family ADU law, which allows one detached ADU for every primary unit on site. For ADU enthusiasts, this lot is a dream come true. The lot size, zoning, and garage footprint check every box for maximizing ADU potential under current California law, making this one of the most ADU-friendly opportunities to hit the Long Beach market. The five detached garages and private laundry room, newly constructed in 2003, further add to the long-term redevelopment potential and additional income opportunities. Combined, these tools create a credible path to dramatically increasing the unit count and long-term asset value. Built in 1911, the property retains its original Craftsman-era character, underwent a full electrical rewire in 2003, and has seen interior upgrades across the units over the years. With a Walk Score of 92 and Bike Score of 90, residents enjoy effortless access to Alamitos Beach, Belmont Shore, Retro Row, and Downtown Long Beach, all just minutes away.

Centralized multi unit property. Close to downtown Los Angeles. Close to the 5 and 10 freeways. This is a sought out location. The property is well maintained, and has a bus stop in front of the property. Some of the units have been upgraded. 16 singles, and 2, 1 bedroom units. The property still has room for rent upside.

A rare multifamily offering in one of Palm Springs' most sought-after locations, delivering 13 single-level units across three well-positioned structures. The unit mix is anchored by eleven oversized 2-bedroom, 2-bath residences averaging approximately 1,200 sq ft, complemented by two exceptional premium units spanning roughly 1,700 sq ft each featuring 2 bedrooms, 2 bathrooms, a den, expansive primary suites with oversized walk-in closets, and direct-entry 1-car garages with laundry hookups. Many units open onto a central pool/spa with tremendous mountain views and the rest open onto expansive central lawns. The asset has demonstrated consistent income growth, increasing from $265,440 in 2023 to $301,629 in 2025, with continued upward momentum into 2026. Current operations reflect elevated expenses of approximately 48%, presenting a clear and immediate opportunity to streamline to a more typical 35-40% range. Based on current averaged expenses and 2026 rent actuals the offering presents at an approximate 4.5% cap rate, with additional upside driven by both operational efficiencies and the underutilized premium unit mix. DO NOT ACCESS ANY PORTION OF THE PROPERTY WITHOUT LISTING AGENT PRESENT. DO NOT ENGAGE WITH TENANTS. 22 off-street parking spots and owned laundry facilities.

We are proud to represent this 9 unit property in Van Nuys. The property was built in 1962. The unit mix consists of (6) 1+1 units and (3) 2+1 units. With a lot size of 8,518 square feet, the property has a total of 6,450 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles' most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

Despite being constructed in 1970, the property is priced at only $178 per square foot and $140,000 per unit, which are attractive values, even when compared to far older properties that have sold in the immediate area. A new owner can capitalize on the upgraded electrical system, which could potentially reduce both energy and insurance costs. The property occupies a double lot and includes a large parking area capable of holding 22 vehicles. This rare amenity, coupled with the building's convenient access to nearby shopping and dining destinations (Walk Score of 89), helps to attract higher-paying tenants to the property. A new owner can take advantage of these factors as they add value by recapturing the approximately 54% rent upside that the asset offers. Situated near LA Live, the Crypto.com Arena, the Los Angeles Coliseum, and the Los Angeles Convention Center, the property is adjacent to several 2028 Summer Olympics venues. Therefore, it stands to potentially benefit from upcoming infrastructure improvements and an influx of capital to the immediate area, all to the benefit of a new owner.

Welcome to Gulzar Garden, a unique mixed-use property in Madera offering a combination of residential space and income-producing potential. The property includes a convenience store, County Mart (approximately 1,300 sq. ft.), along with two detached homes, each featuring 3 bedrooms, 2 bathrooms, and indoor laundry (approx. 1,040 sq. ft. and 1,250 sq. ft.) all on a 2.16 acre lot. All three primary structures are currently tenant-occupied, providing an established setup from the start. The property also includes an approximately 840 sq. ft. garage, offering flexibility for storage, workspace, or other potential uses, subject to buyer verification. Additional outdoor space on the property provides room for gatherings or expanded use options. The layout and configuration support a variety of potential uses, subject to zoning and buyer verification. Conveniently located with access to nearby Fresno and Clovis, this property combines accessibility with a more open setting. Buyer to verify all information, including square footage, zoning, permitted uses, and tenancy details, to their satisfaction.

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