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Front Owner Unit, Townhouse Style with 3 Bedroom and 2 1/2 Baths, Other three Units are large 2 Bedroom and 1 1/2 Baths. Well maintained 4 Units with Plenty of Parking, 4 Garages, Community Laundry. Property built in 1977, One Section 8 Tenant, Room for Rent Increase

A rare Lake Balboa offering featuring a 3-bedroom, 2-bath main residence and a permitted 1-bedroom, 1.5-bath second dwelling unit. With two separate addresses, it provides exceptional flexibility for multi-generational living, rental income, or extended family use. Set behind remote-controlled electric gates, the property sits far back from the street on a 10,000+ sq ft lot with a long gated driveway, offering privacy and impressive curb appeal. The main residence offers a spacious and functional layout with a living room, family room, dining area, and full kitchen with quartz countertops. Interior updates include recessed lighting, smooth ceilings, and custom tile flooring throughout. A bonus room with a separate entrance adds flexibility and can be easily integrated into the main home. The second unit features a primary bedroom with private bath, guest half bath, large living area, full kitchen with quartz countertops, high ceilings, and access to a balcony and sun deck. The second unit benefits from separate water, gas, and electric meters and has its own address, offering privacy and independence. In addition, the property includes an existing converted area within the main structure that was originally a garage and recreation room. This space is currently improved with a kitchen, living area, bedroom, and bathroom; however, these improvements were completed without permits for their current use. Due to its location within the main residence and existing layout, this area may offer potential to be reconfigured as an ADU, subject to buyer verification, permits, and approval by the City. Major upgrades include full copper plumbing (including the main line from the street), upgraded 200-amp electrical panel and rewiring, newer gas line from the city, newer composition shingle roof, pre-wiring for home theater in two rooms, and an 8-camera security surveillance system. Exterior highlights include an oversized RV/boat garage with approximately 11-foot clearance, a large workshop or storage space at the rear of the property with utilities and A/C, and ample gated parking. Conveniently located near Lake Balboa Park, golf course, The Japanese Garden, off-leash dog park, FlyAway bus terminal, and with easy access to the 405 and 101 freeways, this is a unique opportunity offering privacy, flexibility, and exceptional utility in a desirable Valley location. Read photo descriptions.

2220 Huntington Avenue, Redondo Beach, CA offers an exceptional opportunity to acquire a well-positioned four-unit income property in the heart of the South Bay. Encompassing approximately 4,917 square feet of living space, this asset features generously sized units designed to attract long-term, high-quality tenants. The property includes one spacious three-bedroom, two-bathroom unit, along with three additional two-bedroom, two-bathroom units, providing an ideal and highly desirable unit mix for today’s rental market. Each residence offers comfortable layouts with ample living space, enhancing both tenant appeal and retention. Located in Redondo Beach, the property benefits from a prime coastal setting with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes. This sought-after location consistently drives strong rental demand, making the property a reliable and attractive investment. With its combination of size, unit mix, location, and income potential, 2220 Huntington Avenue represents a solid addition to any investment portfolio and a rare opportunity to own a premier multi-unit property in one of the South Bay’s most desirable communities. Please do not disturb tenants.

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 $4.94 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 8.07% and a 10.12% Cash-on-Cash return. This performance significantly exceeds the market average CAP rate of 7.11%, making it an exceptional opportunity for investors seeking robust, immediate cash flow. • Substantial Built-In Revenue Upside: There is significant potential for growth, with the pro forma CAP rate projected at 8.55% and a Cash-on-Cash return of 11.72%. Financial projections show that monthly income can grow from the current $33,661 to a market rate of $41,375, representing a nearly 23% 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.

Great location in a very peaceful neighborhood. Located in one of Fullerton’s most desirable neighborhoods, this beautifully updated single-level home offers an open floor plan and a spacious front yard. Walking distance to Sunny Hills High School, the property features recent upgrades including fresh interior paint, kitchen countertops, updated bathtub and shower pan, modern bathroom vanity, ceiling fans, and recessed lighting throughout. Enjoy a peaceful residential setting while being just minutes from shopping centers, restaurants, gyms, markets, and parks—perfectly combining comfort, convenience, and lifestyle. Owner, Broker, and Agent do not guarantee the accuracy of square footage, lot size, zoning, use codes, schools, or other information regarding the condition or features of the property provided by the owner or obtained from public records or other sources.

Fantastic townhome located at the end of a Cul-de-sac. This home starts with great curb appeal and an attached 2-car garage with direct home access. The home includes 4 Spacious bedrooms and an Open Floor Plan. Once you enter this home, you will enjoy a large living room with vaulted ceilings, a bay window, and a custom fireplace for those cold evenings. The home has a large remodeled kitchen with a breakfast bar overlooking the dining area and your private patio. Perfect for entertaining inside and out. The master bedroom is on the first level and includes a beautifully remodeled bathroom. The upstairs includes 2 oversized bedrooms with shutters, a remodeled bathroom, and a loft. The large open loft area is perfect for an office, a playroom, or even a 4th bedroom. The loft also includes access to attic storage. The private patio is perfect for entertaining; it has a built-in BBQ, a work and sitting area, a built-in fridge, and loads of storage. This beautiful, highly desired neighborhood is close to the beach, downtown, Main St., and Pacific City. Other benefits include the tennis courts and clubhouse! Come enjoy this upgraded home and the best beach life has to offer!

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

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

Spacious 1,300 sq ft two-bedroom, two-bathroom apartment on the 31st floor of a premier Downtown Los Angeles high-rise. Unit features hardwood flooring throughout, stainless steel appliances, and in-unit washer/dryer. Move-in ready condition. Building amenities include 24/7 security, heated lap pool, sky deck, fire pit lounge, event bar with entertaining space, fully equipped health club, business center, and BBQ area. Attached garage parking included. Ideally situated in the Westlake/DTLA corridor with easy access to the Financial District, Arts District, LA Live, and major transit lines. Minutes to the 110 and 101 freeways. Tenant responsible for electric, cable/internet, and renter's insurance. No pets. One-year lease required. Available now. $3,500/mo.