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  • Thermal, CA 92274
    $585,000
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    Fully Remodeled 4-Plex | Two Buildings | Value-Add OpportunityAn exceptional opportunity to acquire a fully renovated fourplex with built-in upside at 2542 Sea View Drive, Thermal. This property consists of two separate buildings with two units each, offering a versatile multifamily layout and strong income potential. Unit Mix: Two 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units Building One: 1,176 sq ft Building Two: 1,488 sq ft Total Units: 4A complete and extensive remodel was completed in 2022, including new windows, new plumbing, a new roof, new electrical work, new flooring throughout, and fresh interior paint. Each unit includes its own washer and dryer, enhancing day-to-day functionality.Currently, two units are occupied and two units are vacant, allowing a new owner to immediately set market rents and implement a value-add strategy. The existing vacancy creates flexibility for repositioning and income optimization from day one.The two-building configuration provides a distinctive multifamily setup that stands apart from traditional fourplexes and supports efficient ownership.With major capital improvements already completed and clear paths to increased revenue, this fourplex offers a compelling blend of current income and future growth.Property is being sold as is.
    Santa Monica, CA 90403
    $2,995,000
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    We are proud to present this opportunity to acquire 827 18th Street, an exceptional multifamily property located just half a block south of coveted Montana Avenue. Built in 1959 and well maintained with pride of ownership, this 100% occupied mid-century asset was designed to maximize livability with oversized floor plans, many featuring private balconies or yard space, along with decorative fireplaces that enhance the charm and character of each residence. The property consists of six (6) large units, including five (5) two-bedroom/two-bath units and one (1) three-bedroom/three-bath unit located on the second floor. The units offer spacious living areas with dedicated dining space, large kitchens, and ample storage throughout. The building also includes a dedicated laundry room, five (5) on-site parking spaces, and tenant storage. Each unit is separately equipped with its own water heater. A well-kept front courtyard further enhances curb appeal, with direct access for Unit A. The building totals approximately 8,406 SF on an 8,001 SF lot, zoned SMR2. The two-bedroom units average approximately 1,350 SF, while the three-bedroom unit is estimated at 1,650 SF, making this an attractive unit-size profile for the area. Current rental income is effectively generating approximately $2.00/SF, with significant upside potential of approximately 62%, highlighting a compelling opportunity for income growth. Recent improvements include exterior painting, electrical updates, a newer roof, and plumbing upgrades, with two units recently updated. This is a rare chance to acquire a pride-of-ownership Santa Monica asset with strong in-place income and meaningful long-term upside.
    East Los Angeles, CA 90022
    $730,000
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    Nice East Los Angeles duplex located within walking distance of public transportation and shopping stores along Whittier Blvd. The front unit is a three-bedroom, one-bathroom home with approximately 1,048 sqft of living space, and with a basement that can be used for storage. The second unit in the rear of the property is a one-bedroom and one-bathroom unit with approximately 562 sqft of living space.
    Los Angeles, CA 90033
    $1,058,888
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    Investment opportunity in Boyle Heights on a corner lot with convenient access to the 5, 10 & 60 freeways and minutes to Downtown Los Angeles. County records show a 3-unit (Triplex); however, the property is currently configured with four separate addresses and operated as four rental units (1 x 2Bed/1Bath and 3 x 1Bed/1Bath). Subject property features 4 electric meters, 4 gas meters, and 1 water meter. All units are tenant-occupied with current rents below market, offering future rental upside potential. Buyer to verify unit count, square footage, permits, and all information to their satisfaction. Do not disturb tenants.
    San Diego, CA 92102
    $2,450,000
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    2411-21 L St provides an investor a well-located partial new construction 10 unit asset + 2 ready to convert ADUs. This is truely a trifecta turnkey, new construction, & value-add combination in Central San Diego priced significantly below market comparables for a quick sale! The property is conveniently located within a 5 minute drive to some of San Diego's most desirable attractions including Petco Park, Downtown San Diego, Coronado Island, San Diego Waterfront, the Gaslamp District, and Balboa Park. The property consists of 6 gut renovated cottages with all new sewer and water supply lines, 4 brand new construction studios with vaulted ceilings, and 2 brand new plumbed and wired garages with plans ready to convert into (2) 2 bed / 1 bath ADUs. The pre-planned garages allow for a significant cost savings on ADU conversation as all infrastructure systems are in place and ready to be tapped. The property produces a strong 11.22 GRM and 5.80% cap rate in current form. The Property can be operated as-is in its strong yield turnkey form for a passive investor. For the active savy investor, the build-out of the pre-approved ADUs will produce a forecasted 9.32 GRM and a 6.78% cap rate including all forecasted construction costs. By completing the ADU build-out the property provides $275k - $325k net equity upside and a $219,000 per unit average cost basis for a semi- new construction asset. That is $60-80k/unit below the comp set average! Post completion value is estimated at $2,900,000 - $2,950,000.
    Riverside, CA 92505
    $775,000
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    Prime Corner Lot Duplex in Riverside – Excellent Income Potential or Owner-Occupy Opportunity! Discover this charming corner lot duplex at 11711 Carmine St, offering versatile living with strong rental appeal in a desirable Riverside location. The upper unit features a spacious 3-bedroom, 2-bathroom layout with an expansive kitchen and generous living room perfect for comfortable family living. Downstairs, the 1-bedroom, 1-bathroom unit provides cozy, efficient space and includes easy potential to convert to a 2-bedroom configuration (buyer to verify permits/conversions). Each unit enjoys complete privacy with its own dedicated yard, in-unit laundry facilities, and separate entrances. The entire property is fully fenced for security and peace of mind. Situated on a prominent corner lot, this duplex benefits from excellent curb appeal, ample parking possibilities, and convenient access to local amenities, schools, shopping, and major freeways. Ideal for investors seeking dual income streams, multi-generational living, or an owner-occupant who wants to offset their mortgage with rental income. Don't miss this rare opportunity in Riverside, schedule your showing today!
    Los Angeles, CA 90033
    $3,400,000
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    This property is part of a 3 property portfolio, see MLS#PW26019991 , and MLS#PW26019993 Welcome to 354 N Breed St, an exceptional brand-new construction (Non-RSO) completed in 2024, offering a premier investment opportunity in the heart of Boyle Heights. This striking multi-unit development features three contemporary buildings, housing a total of six spacious units—350, 350 1/2, 352, 352 1/2, 354, and 354 1/2—all designed with modern elegance and tenant convenience in mind. Boasting an impressive projected rental income of $21,850.00 per month, this asset presents a lucrative opportunity for investors seeking strong cash flow and long-term appreciation. Aesthetic & Functional Appeal Each unit seamlessly blends modern design with high-end finishes, creating an inviting atmosphere for tenants. The open-concept kitchens are equipped with sleek white cabinetry, quartz countertops, high-end stainless steel appliances, and stylish black fixtures. Expansive windows flood the space with natural light, highlighting the premium hardwood-style vinyl panel flooring and sophisticated recessed lighting. Bathrooms showcase a spa-like experience, featuring floating vanities, LED-lit mirrors, oversized walk-in showers, and sleek matte black finishes. Additional features include in-unit laundry, walk-in closets, and private balconies offering scenic views. Striking Modern Façade: The sleek architectural design combines a mix of bold black and white tones, floor-to-ceiling windows, and stylish wood paneling accents, delivering a high-end contemporary aesthetic. Gated Parking & Secure Entry: The property is designed with security in mind, featuring gated entry, assigned parking, and a well-lit pathway to each unit.
    Los Angeles, CA 90033
    $5,000,000
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    This property is part of a 3 property portfolio, see MLS#PW26019993, and MLS#PW26019990 351 S State Street is a newly constructed, income-producing multifamily asset located in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Completed in 2024 and reaching full occupancy in 2025, the property is currently stabilized and generating approximately $25,000 per month in rental income under a corporate lease structure, offering immediate and reliable cash flow. The property is ideally suited for corporate housing, workforce housing, or student housing, with flexible exit optionality. A future owner may elect to maintain the existing corporate lease for stable income or take delivery vacant, allowing for repositioning or alternative leasing strategies. Architecture & Design The asset features contemporary, ground-up construction with a modern aesthetic throughout. The exterior showcases clean lines, a neutral color palette, and large windows that provide abundant natural light across all residential spaces. Durable materials and low-maintenance finishes were selected to support long-term ownership efficiency. Interior units, as reflected in the photos, are thoughtfully designed with: Open and efficient floor plans Wide-plank flooring throughout living areas Modern kitchens with flat-panel cabinetry, solid-surface countertops, and full appliance packages Updated bathrooms with large-format tile surrounds and contemporary fixtures Recessed lighting and modern hardware Bright bedrooms with oversized windows and clean finishes The overall design is functional, modern, and well-suited for furnished or semi-furnished occupancy, further enhancing its appeal for corporate and institutional-style tenants.
    Los Angeles, CA 90044
    $1,249,000
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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...

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