search properties

Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements. • Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive rent of $5.28 per square foot, justifying the property's valuation through proven rental demand for smaller, affordable living spaces. • Immediate Financial Performance and High Returns: At an asking price of $3,150,000, the property offers a current CAP rate of 6.25% and a 4.04% Cash-on-Cash return, with substantial mark-to-market upside as legacy leases are brought to the property’s own recently-achieved renovated rents. • Substantial Built-In Revenue Upside: There is significant potential for growth, with the pro forma CAP rate projected at 7.74% and a Cash-on-Cash return of 9.02%. Financial projections show that monthly income can grow from the current $34,290 to a market rate of $38,337, representing an approximately 12% revenue increase as legacy leases are marked to market. • Strategic Location in Historic South Central Hub: Located at 440 E 27th Street, the property is nestled in a thriving rental hub near the University of Southern California (USC) and major transit routes like the Expo Line. The neighborhood is experiencing active revitalization and sits within a demographic area projected to have an average household income of $81,857 within a 3-mile radius by 2026.

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

Discover 6719 Stafford Falls Drive, a spacious single-story home with 3 bedrooms, a den/office, and 2.5 bathrooms. The residence boasts an open-split floor plan, offering 2,602 square feet of living area on a 7,841-square-foot lot. The central kitchen features granite countertops and a breakfast bar, connecting seamlessly to a family room with a fireplace. Outdoors, you'll find professionally landscaped yards, a sizable two-car garage, and a covered patio. This move-in ready property is meticulously maintained and ideally located near parks, schools, shopping, and major freeways, ensuring both comfort and convenience. It's a great opportunity to own a quality home in one of Bakersfield’s desirable neighborhoods, perfect for families or anyone seeking a modern, welcoming space in a vibrant community. Schedule your visit today—don't miss your chance to make this exceptional home yours.

Welcome to one of La Cresta’s premier gated equestrian estates, offering over 5 acres of fully developed horse facilities paired with more than 8,500 square feet of luxury living. Designed for the serious equestrian, this exceptional property delivers a true training-level setup rarely found in Southern California. The professional-grade equestrian complex features an Olympic-size covered arena with premium footing and mirrors as well as a 2nd uncovered Olympic-size arena with premium exterior footing, an 8-stall breezeway barn with indoor/outdoor box stalls, a 4-stall Mare Motel, tack room, wash rack, feed room, barn restroom, and dedicated laundry area. A separate covered hay barn and 70-foot roll-up garage provide ideal storage for horse trailers, RVs, or equipment. Three grass pastures and two dirt turnouts offer ample space for turnout and conditioning. Beyond the equestrian facilities, the estate welcomes you with a grand motor court and covered loggia leading into an elegant residence with soaring ceilings, a formal living room with fireplace, and French doors opening to the outdoor entertaining areas. The gourmet kitchen features dual Cove dishwashers, a large walk-in pantry with additional refrigeration and wine cabinet, and flows seamlessly into the formal dining space. Just off the kitchen is a cozy den, along with a mud room and dedicated laundry room for everyday functionality. The main level also includes a private bedroom, two offices, and an expansive bonus room complete with full bar, fireplace, and cinematic entertainment setup. Upstairs, the mirrored gym with ballet barre offers a dedicated fitness space. In addition to the luxurious primary suite with wet bar, fireplace, dual balconies, heated stone floors, steam shower, soaking tub, dual vanities, and two walk-in closets, there are three additional bedrooms, each with its own private bathroom. The upper level also features abundant built-in cabinetry and extensive storage throughout the hallway and between the bedrooms and gym. The outdoor living area features a paver-stone driveway, solar-heated pool and spa, expansive patios, plus a garden and orchard with more than fifteen mature fruit trees. Additional highlights include a 4-car garage with EV charging, full-house gas generator, and private water well systems. All set in prestigious La Cresta, just minutes from shopping, dining, and Temecula Wine Country.

Unique, eclectic, spacious ranch style home on 37.95 acres. Built in 1958 with railroad ties, this sturdy home will outlast several generations. Recently remodeled and upgraded. Facing East, the sun rises over the distant mountains and filters through the the leaves of several very large ancient oak trees scattered around the property and warms the front entry as you sit and sip your favorite morning brew. Feel the peace and serenity as you greet the day and take your morning walk around the perimeter of the flat and useable 37+ acres. Inside the home is a bright and spacious kitchen and dining area, a beautiful large living room with cozy fireplace and enough bookshelves to temp any avid reader. The larger than ever master suite with its own walk-in shower and fixtures could be a separate retreat. Additional bedrooms are separated from the master on the other side of the house and includes a Jack and Jill bathroom. The roof is 2 years new, carpet is new, new paint inside and out. This home was built by one of the McCain's who were early settlers in this area. Seller will credit $25,000 towards solar installation.

This distinctive four-unit property (ADU potential) in Long Beach’s sought-after Rose Park neighborhood blends timeless Craftsman character with excellent investment potential. The front house, currently vacant and perfect for an owner-occupant, is a spacious three-bedroom, two-bath home showcasing original wood floors, built-ins, and a large, covered porch framed by classic columns. A private fenced yard enhances its appeal, making it an inviting home for someone who wants to live on-site while generating rental income from the other units.**** Behind the main house is a one-bedroom home with its own backyard, deck, and front porch. Two additional one-bedroom units complete the property, one located above the garages and the other above the rear of the front house, each offering natural light and functional layouts. The oversized lot is thoughtfully designed with an electronic gated entry, four garages, five additional parking spaces, large storage rooms, and a shared laundry room. Recent exterior painting, including the front house, provides refreshed curb appeal.**** Positioned in Central Long Beach, this property offers easy access to everyday conveniences with neighborhood parks such as Rose Park, Carroll Park, and Bixby Park just minutes away. Local favorites along Retro Row, including coffee shops, boutiques, and restaurants, are close by, as well as Downtown Long Beach and the shoreline.

Come take a look at this quadruplex fixer opportunity offering strong investment potential. The property consists of four units. One unit is a 2-bedroom, 1-bath that has been viewed and features a spacious kitchen with ample cabinet space and an open counter opening to the living area, along with a small bonus walk-in room off the kitchen, suitable for a pantry, office, or storage use. Per Seller, the remaining three 1-bedroom 1-bath units also include a bonus room; however, these units have not been viewed. Buyer to verify all information.

3-bedroom 2 bathroom house in front with a duplex in the back (both 1-bedroom, 1 bathroom) all on a large 40x180 flat-lot. All units have individual water heaters, separate gas & electric meters for reduced expenses, and tenants pay for their own trash collection. The complete lot behind the front house is paved with concrete to allow open parking for several cars and other vehicles . SFR: The 3 bedroom, 2 bathroom, house is approx 1014 sq ft and features wood and tile floors; newer large kitchen with dine-in area, tile counters, dishwasher, stove/oven and refrigerator; aluminum windows; raised foundation and attic area for easy modifications; . Duplex: The two 1-bedroom units have a very efficient floor plan even though they're only 500 sq ft each. All units are remodeled with a newer kitchen, bathrooms, flooring and in good conditions overall. Large LARD2 Lot with a great potential to be developed in the future. This property is located in a very nice and quiet residential neighborhood .

OVER $100K PRICE CUT!! Rare Income Property with 3 Move-In Ready Units..Come see this amazing income property before it's gone. You get a beautifully built 2021 duplex plus a newer-built 2024 ADU, all on one big lot with parking and a private backyard. That's three move-in-ready homes totaling about 4,027 square feet, built to generate strong rental income year after year. Each duplex unit feels like its own home, with 4 bedrooms and 3 bathrooms each. One bedroom and a full bath are right on the main floor, perfect for guests or family who don't want stairs. Step inside and you'll find open, bright living spaces, granite countertops, recessed lighting, and in-unit laundry. These are exactly the features today's renters are looking for, and they help you charge top rent. The detached ADU is a true gem. With about 800 square feet, 2 bedrooms, 1 bathroom, in-unit laundry, AC, Appliances, its own private backyard, and parking, tenants will love the privacy and independence it offers. Best of all, this property was built to save you money every month. Each unit has paid solar panels, tankless water heaters, and its own separate meters for utilities and water. Less overhead means more profit in your pocket. Sitting on a 7,360-square-foot lot, you'll also get a gated entry with a rolling security gate, a long driveway, and extra on-site parking. Easy access to the 710, 91, and 105 freeways makes this location a magnet for tenants and keeps demand strong for years to come. Whether you're an investor looking for real cash flow or a buyer who wants to live in one unit and let the other two help pay your mortgage, this is a rare find. Turnkey, modern, and ready to earn from day one. Don't wait; homes like this don't come around often. THIS IS A MONEY MAKING MACHINE!