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

Located on one of the widest cul-de-sac streets in all of Port Hueneme, this exceptional property sits on an oversized 10,728 sq. ft. lot nearly double the size of the average lot in the neighborhood. Whether you're an investor or an owner-occupant, this is a rare opportunity to maximize both lifestyle and income. The beautifully converted, high-end ADU features its own private yard and is currently generating $2,195 per month in rental income. The main residence offers a spacious 1,456 sq. ft. floor plan with 3 bedrooms and 2 bathrooms, along with a huge backyard offering endless possibilities. Adding even more value, the property includes city pre-approved plans for a Junior ADU and a separate recreation room, creating the potential for up to $9,000 in total monthly rental income when fully utilized. Live in the main home while your rental units help offset your mortgage or capitalize on the property's exceptional income-producing potential.******** Be sure to click on the second photo in the gallery or virtual tour to view the ADU slideshow! ******* Also SFR Financing available 5% down

This is a limited time opportunity to pick up a shovel ready project steps from CPMC Bernal Heights. The "re-build" will be of two 2 bedroom 2 bath open concept units for a total of 2400+/- sq ft. This a contractor / builder grade project. It will not qualify for traditional financing. Plans will be made available to interested parties. "Buy today, start the next day". San Francisco DBI approved drawings are completed and permits are ready to be paid for and start the project

We are pleased to present 1433 E 61st Street, an 8 unit multifamily investment opportunity in South Los Angeles. The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957.The building is configured entirely as 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. The building consists of a two story, wood frame structure with gas and electricity separately metered by unit, allowing utility expenses to be passed through to tenants and simplifying ownership. The property offers 7 open parking spaces located at the rear of the building, a meaningful amenity for tenants and a point of differentiation in the submarket. Interior unit features include vinyl plank flooring in the living room, tile flooring in the kitchen, and a wall heater. Bathrooms have been improved with new tile surround at the tub and a new vanity, while kitchens remain in original condition, presenting a clear value add opportunity for a future ownership group. At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. With approximately 18.07% rental upside to market, an investor can achieve a pro forma cap rate of 9.93% and a 6.18 GRM through targeted renovation and lease up to market rents. This presents a rare opportunity to acquire a stabilized, income producing asset in South Los Angeles with straightforward value add potential through kitchen renovations and rent growth to market levels.

Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

Excellent price!!! Investor's delight added value fixer opportunity in Monrovia in (Unincorporated area of Los Angeles County) , this property is all vacant giving the new owner the opportunity to freely do any improvements and make corrections to add value. Cash offers preferred. All showing is by appointment only with listing agent. This property is being sold in its AS-IS condition. This property is within 1/4-mile radius of around million-dollar home sales. . Front house is facing Benrud Street, it is vacant and has its own side yard area, and its own private garage, plus its own driveway and it is 2 bedrooms 1 bath, this house which is in a separate building by itself. Back unit 203 1/2 is in a separate building, is also a 2-bedroom 1 bath, remodeled, this unit does not have final permits as a unit according to the city's records. But the tax assessor records show it as 2 units. The garage was converted to a unit, called 203 B , without any city permits, and it is 1 bedroom 2 bath. The upstairs unit has new designer vinyl flooring, new tile kitchen cabinets, new sink and faucet and under sink piping, new painting in all the rooms. It also has new vinyl window, in the living room. New water heater and new electrical panels serving all 3 units and with new conduits. There is one Gas, Electrical, and Water meter for all units. Bring your architects and explore all your expansion & ADU and renovation possibilities.

Investment or primary residence opportunity in Downtown Sonora! Both units can be used as rentals, or live in one and rent one. Possibly ideal for multiple family living. The upper unit is 4 bedrooms/2 bath. Featuring a large living room, kitchen, family or office area, and laundry room. Back yard area is designated for the upper unit. The lower unit is a 1 bedrrom/1 bath with a nice size living room and kitchen. Units share the carport. Great location walking distance to shopppoing, restaurants, and more. Views: Downtown

Prime Melrose Hill Duplex Opportunity! Discover a versatile income-producing property in one of Los Angeles’ most desirable and centrally located neighborhoods. This duplex features a spacious front residence with 3 bedrooms and 2 bathrooms, plus a separate rear residence offering 1 bedroom and 1 bathroom each with its own one-car garage. Both units are equipped with solar, offering an added benefit for future occupants. The flexible layout creates multiple possibilities: live in one unit while renting the other to help offset your mortgage, accommodate extended family with separate living spaces, or rent both units as an investment property. Located in the sought-after Melrose Hill area of Los Angeles, just minutes from Sunset Boulevard, Hollywood, popular restaurants, entertainment, shopping, and nightlife. Enjoy convenient access to everything that makes central Los Angeles living so desirable. Whether you're an owner occupant, investor, or buyer looking for multi-generational living, this property offers an exceptional combination of location, flexibility, and income potential.