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Exceptional New Construction investment opportunity! Newly constructed 6-units multifamily asset situated on a large lot with a total of 26 bedrooms and 24 bathrooms. Designed for immediate income generation, there are a total of four buildings composed of three duplexes and one 6 car garage. There is one 6-car garage under the rear duplex. This rent-ready, low-maintenance property is ideal for investors seeking strong cash flow and long-term appreciation. Perfectly located with quick access to major freeways, LAX Airport, and world-class entertainment venues including SoFi Stadium, Intuit Dome, YouTube Theater, and The Forum, this property is positioned in a high-demand rental corridor with consistent tenant demand. The property offers two oversized 6-car garages for a total of 12 on-site parking spaces, each equipped with EV chargers—a premium feature that supports higher rents and long-term tenant retention. In addition, fully paid-off solar panels help significantly reduce operating expenses, positively impacting net operating income and overall cap rate. With new construction efficiencies, minimal deferred maintenance, energy-saving upgrades, and an unbeatable location, this property offers stabilized income potential, strong upside, and excellent long-term returns. A rare opportunity to acquire a turnkey, income-producing asset in one of Los Angeles’ most dynamic rental markets—perfect for both seasoned and first-time multifamily investors.

1045 S Cloverdale Ave is a rare opportunity to acquire a 100% occupied, 8-unit apartment building in the highly desirable Miracle Mile pocket of Los Angeles. First time on the market in nearly 26 years, this 1954-built asset is offered at an attractive low basis of approximately $218,000 per unit and $272 per square foot, providing compelling value in a supply-constrained submarket. The property features a strong and efficient unit mix consisting of (7) one-bedroom/one-bath units and (1) two-bedroom/one-bath unit. Current in-place operations reflect an attractive 5.39% cap rate and 11.32 GRM, with rents approximately 33% below market, offering investors meaningful future upside potential. The building has benefited from several key capital improvements, including completion of the required seismic retrofits in 2023, foundation bolting in 2019 (per LADBS permit records; buyer to verify accuracy), installation of an emergency gas shut-off valves, copper plumbing repipe in 2003 (per LADBS permit records; buyer to verify accuracy), and dual-glazed window replacement in 2009 (excluding the front upstairs unit). The property offers tuck-under parking in both the front and rear, accommodating 8 vehicles (up to 12 with tandem parking), and is separately metered for gas and electricity. Centrally located near Beverly Hills, The Grove, Wilshire nightlife, parks, shopping, and the new Metro station, 1045 S Cloverdale Ave combines strong current cash flow, long-term rental upside, and an exceptional infill location.

Prime investment opportunity in El Monte! This 4-unit property at 3704 Baldwin Ave offers 3,739 SF of living space situated on a massive 14,266 SF lot. Built in 1963, the property features a large driveway and two attached 1-car garages. The diverse unit mix consists of (1) 3-bed/3-bath, (2) 2-bed/1-bath, and (1) 3-bed/2-bath units. Additionally, the property includes a non-permitted 3-bed/2-bath unit generating excellent bonus income. Located just three blocks from the 10 Freeway, this is an ideal buy for an owner-user looking to live in one unit while collecting top-of-market rental income, or for an investor seeking to utilize 30-year fixed residential financing.

PROBATE AUCTION!!! RARE OPPORTUNITY TO BUY 2 HOMES ON 1 LOT WITH A DETACHED GARAGE IN THE FLORENCE/FIRESTONE AREA OF LOS ANGELES. PUBLIC RECORDS SHOW ENTIRE PROPERTY TO BE 4 BEDROOMS AND 2 BATHROOMS. GREAT CENTRAL LOCATION IN LOS ANGELES. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE COUNTY OF LOS ANGELES FOR CURRENT BUILDING REQUIREMENTS & RESTRICTIONS. PRELIMINARY TITLE REPORT SHOWS PROPERTY TO BE IN AN UNINCORPORATED AREA OF LOS ANGELES COUNTY.

Prime 4-Unit Investment Opportunity on a Massive Lot! Located at 3644 Baldwin Ave in El Monte, this property offers 3,274 SF of living space on an expansive 14,001 SF lot. Built in 1961, the property features a large driveway and a detached 4-car garage. The desirable unit mix consists of (2) 2-bed/1-bath units and (2) 3-bed/3-bath units, each with its own private parking space. This is an excellent opportunity for an investor to take advantage of 30-year fixed residential financing. Ideally situated just three blocks from the I-10 Freeway entrance, it is also perfect for an owner-user to live in one unit while enjoying top-of-the-market rental income from the others. Please Note: The owner has a strong preference to sell this property together with the adjacent parcel at 3704 Baldwin Ave.

Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. With the majority of capital improvements already completed, investors are well-positioned to focus on revenue growth rather than future capital expenditures, making this an attractive light value-add opportunity. Ideally located less than 2.5 miles from Downtown Santa Ana and the 4th Street Market, 1917 West Myrtle Street offers tenants convenient access to major employment centers, retail, dining, and entertainment. Nearby amenities include Santa Ana College, MainPlace Mall, and the OC Streetcar line, while immediate access to the I-5 and CA-22 freeways provides strong regional connectivity throughout Orange and Los Angeles Coun¬ties. With modernized unit interiors, durable in-place income, and a clear path to income growth, 1917 West Myrtle Street presents investors with a compelling opportunity to acquire a well-maintained, post-renovation multifamily asset in one of Orange County’s most supply constrained rental submarkets.

This six-unit apartment building offers exceptional upside potential, with the City of Claremont indicating that up to eight additional units may be possible to build on the property (buyer to verify). The property features a recently painted exterior, enhancing its curb appeal. Three of the units have been freshly renovated, with one currently vacant undergoing a remodel. The unit mix includes four 1-bedroom/1-bath units and two 2-bedroom/1-bath units. The building is separately metered for gas and electricity, providing convenience for tenants and efficient management for ownership. Additionally, there are 7 detached garages on the property, offering extra income potential or convenient storage options for tenants. Ideally located just three blocks from the Claremont Colleges—a prestigious consortium that includes Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College, and Keck Graduate Institute—this property benefits from strong rental demand. Claremont is renowned for its highly regarded educational institutions, tree-lined streets, and historic architecture. The city is primarily residential, with vibrant commercial activity centered around The Village, a popular destination featuring charming street-front shops, boutiques, art galleries, offices, and restaurants adjacent to and west of the Claremont Colleges.

The LAAA Team of Marcus & Millichap is pleased to present 11565 Iowa Avenue, a renovated three-unit multifamily investment offering turnkey condition, a fully permitted ADU, and one vacant unit for immediate occupancy in West LA's highly desirable Sawtelle neighborhood. Situated steps from the celebrated Sawtelle Japantown dining district and moments from Santa Monica, the property appeals to both investors seeking a stabilized asset in a premier location and owner-users looking to live in one unit while generating rental income from the remaining two. Originally constructed in 1928, the property was comprehensively renovated in 2022 and includes a garage-to-ADU conversion completed under permit with Certificate of Occupancy issued April 2022. The property totals approximately 2,192 rentable square feet across three two bedroom units, each featuring modern finishes, in-unit washer/dryer, and central air conditioning. The garage conversion to ADU means the property offers no on-site parking, though street parking is readily available on this quiet residential street. The current owner has maintained the property in excellent condition with scheduled rents of $121,140 annually, reflecting a 4.8% cap rate at the $1,850,000 asking price. The property is fully occupied and stabilized, providing immediate, consistent cash flow and long-term income stability for an investor. The all two-bedroom unit mix represents the most desirable configuration for the West LA rental market, where strong demographicsincluding 71.8% renter households and a $104,627 median household income, support consistent tenant demand and rental rate stability.

Welcome to 34096 Alcazar, a fantastic duplex ideally located on a wonderful street just one-half block from Pacific Coast Highway. Enjoy the ultimate coastal lifestyle—close to shops, restaurants, and everything this prime location has to offer. The spacious upper unit features soaring cathedral ceilings, three bedrooms, and two baths. Light and bright, it offers two expansive decks, including a front deck with beautiful city lights views—perfect for relaxing or entertaining. Additional highlights include a marble fireplace, inside laundry, and a two-car garage with a roll-up door. The lower unit offers two bedrooms and two baths, along with a generously sized backyard ideal for outdoor living. It also includes a one-car garage for added convenience. With three additional driveway parking spaces, excellent layout, and an unbeatable location, this property presents an outstanding investment opportunity or the perfect chance to live in one unit and rent the other. Don’t miss this rare find near the coast!