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This is your opportunity to own a 6 unit trophy income property with a great unit mix, ocean views, and an unbeatable location in the heart of Hermosa Beach, steps to the pier and Pier Plaza, The Strand, and all of the shops and restaurants downtown Hermosa Beach has to offer!  This primely located 6 unit building has an extremely favorable unit mix consisting of one 3 Bedroom/2 bathroom unit, one 2 bedroom/2 bathroom unit, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units.  All units are in good condition, and come with great balconies where tenants can enjoy outdoor living, picture perfect ocean views, people watching, and the great beachside weather.  In addition, there is a huge rooftop, complete with stair access, that comes with amazing unobstructed panoramic ocean views, which could perhaps be utilized as a great common area outdoor space for the tenants. (check with the City) There are also four 1-car garages, and one two-car garage on the property, and all of them are fully enclosed with automatic roll up doors making them perfect for parking or storage. The 4,949 square foot building sits on a large 4,018 square foot lot that is 40' x 100', and runs from Hermosa Avenue all the way to Palm Drive.  With its unbeatable location, and great features, this building's apartments are always in very high demand, and rent at a premium.  This building is great as it is, but it has a tremendous amount of upside in both rent increases in its current state, as well as with building improvements/value add projects. You can really maximize this building's cash flow, as well as its equity position and market value.  Properties like these don't come around very often, so don't miss out.  This is your chance to own a trophy investment property, with a ton of upside, a great unit mix, an unbeatable location, and spectacular ocean views!
#OC25232552

Hermosa Beach

1434 Hermosa Avenue

None Beds

None Baths

4,949 Sq.Ft.

$5,700,000

MLS#: OC25232552

NEW CONSTRUCTION!!! Welcome to Carlsbad, LUXURY Apartment complex on Madison Street, just steps away from Carlsbad Village and walking distance to the beach. LOCATION LOCATION LOCATION!!! Carlsbad is an affluent city, with all the charm of a small town that you would expect from a much bigger city. The Village offers charming boutiques, sidewalk cafes, shopping, dining, live music, live theater, the farmers market and the train station, all to be enjoyed in this walking town. This luxury living can be your dream come true. Currently selling as a 4 unit luxury apartment complex. The development is Pending condominium City of Carlsbad approval. Each unit offers an open concept floor plan with stunning cabinetry, countertops, flooring, top of the line appliances, in-unit laundry, generous closet space, private patios, secured parking, storage space, commercial size elevator for your convenience, an elegant lobby entrance for your guests. 3 of the units offer a private roof top deck. Perfect for entertaining or just relaxing. Enjoy the colorful Carlsbad sunset skies while looking over the Pacific Ocean horizon, from the privacy of your own home. The entire complex is 13,979 SQFT Unit A-1 is a 1 bedroom 1 bathroom 1,045 SQFT home. Unit A-2 is a 1 bedroom 1 bathroom 1,100 SQFT home. Unit B-1 is a 3 bedrooms + an office 3 bathrooms 1,870 SQFT home. Unit B-2 is a 3 bedrooms + an office 3 bathrooms 2,026 SQFT home. This complex is currently under construction. Please DO NOT go direct. As construction is in progress.
#NDP2201798

Carlsbad

3130 Madison Street

None Beds

None Baths

13,979 Sq.Ft.

$5,700,000

MLS#: NDP2201798

FOR COMP PURPOSES ONLY
#ML81967953

Hillsborough

1033 Jackling Drive

4 Beds

3 Baths

3,130 Sq.Ft.

$5,700,000

MLS#: ML81967953

None
#ML81955509

Hillsborough

1898 Floribunda Avenue

4 Beds

2 Baths

3,010 Sq.Ft.

$5,700,000

MLS#: ML81955509

5405 Morrow Drive is a 31 unit garden apartment complex  with bay view units located in thriving San Pablo.   A desirable unit mix of 27 2 BR units and four 1 BR units in a city without rent control offers a significant upside to a new owner. The property has a security gate, assigned parking and an on site laundry facility. It is centrally located with easy I-80 access and convenient commute times to San Francisco, Berkeley and Oakland.   Buyer to cooperate in 1031 exchange at no cost to buyer. PLEASE DO NOT WALK THE PROPERTY OR CONTACT TENANTS.
#ML81717700

San Pablo

None

None Beds

None Baths

20,828 Sq.Ft.

$5,700,000

MLS#: ML81717700

Ocean front, Opal Cliff Drive home, in the heart of Santa Cruz CA.  Rare spectacular panoramic unobstructed views of the Monterey Bay, encompassing sunrise and sunset views, where everyday is a new day.  The moonlight nights, and the gentle sounds of the moving surf can generate a peaceful transition from a hectic day.  Walking distance to Privates Beach, the hook, Capitola Village, and the up and coming Pleasure Point community of boutique shops and restaurants.  The expansive lot size is prime for additions to current home.  TLC and imagination are all that is necessary, to create a family vacation compound for years of memories.  The world class surfing draws enthusiastic crowds from all over the world.  Embrace the CA costal lifestyle.
#ML81952349

Santa Cruz

4360 Opal Cliff Drive

3 Beds

2 Baths

2,427 Sq.Ft.

$5,700,000

MLS#: ML81952349

Carmel Highland Perfection..This gated estate are what dreams look like...behind the private gates, sits this amazing 5-bedroom 5- bath home and large detached studio/bath. Surrounded by a once in a lifetime environment of your private waterfall, wildcat creek, redwoods & even wildcat beach!  All create a magical Zen environment.  Your home is a wood & vaulted glass masterpiece that centers around a majestic granite fireplace vaulted glass walls with whitewater Ocean views. Includes 4 car garage with 220, full back up generator, recently updated with wide plank oak floors & new fixtures.  Just 5 minutes from downtown Carmel  A MUST SEE & FEEL to appreciate property.
#ML81937004

Carmel

29705 Peter Pan Road

5 Beds

5 Baths

4,010 Sq.Ft.

$5,700,000

MLS#: ML81937004

The highly sought-after 10 private parcels on Dunes Road quickly sold out in Pebble beach Company's initial offering. Now back on the market, the .82 acre lot 7 is one of the last development opportunities in this exclusive gated neighborhood directly overlooking the 1st and 6th fairways plus filtered views to the ocean horizon through the pines. Located near the north shore of Pebble Beach just off 17-Mile Drive and fronting the sixth and seventh fairways at Spyglass Hill Golf Course, this famed course was designed by Robert Trent Jones, Sr. and has been the setting for 50 years of tournament drama with its sparkling history of Crosby and AT&T Pro-Am Tournaments. Spyglass is loved for its challenge and scenic beauty. Pebble Beach, with miles of pristine coastline, hundreds of acres of protected forest, and world-class golf, dining, and accommodations, is an arrival point, a playground, a retirement opportunity, the perfect second home location, the ultimate lifestyle. Pebble Beach was founded almost a century ago with a single, overriding purpose: to create a world-renowned residential community and resort destination for generations to enjoy. Known as a mecca of golf, natural beauty, and luxury, Pebble Beach is at the very heart of the Monterey Peninsula.
#ML81976471

Pebble Beach

1182 Dunes Road

None Beds

None Baths

0.82 acres

$5,700,000

MLS#: ML81976471

Rare double unit in internationally acclaimed Sierra Towers. Listing includes space of an original 3 bedroom and a 1 bedroom combined. This is what you have been waiting for to create your dream home in the best building in LA. Spacious units with walls of glass, beautiful terrace, amazingly attentive staff, fabulous full service, valet parking, 24 hr switchboard, salt water pool, fitness center and so much more...great views of city and ocean, great space, great building. The  quintessential LA residence. Live the ultimate lifestyle in the heart of it all. There's only one Sierra Towers.
#16117280

West Hollywood

9255 DOHENY Road 902

4 Beds

4 Baths

3,402 Sq.Ft.

$5,700,000

MLS#: 16117280

First time on the market!!! Beautiful Custom Home in an amazing community by the ocean. 3 Bedroom 3.5 baths. Walking distance to the La Jolla Village with shops, restaurants & the beach trail. There is a roof top deck with panoramic ocean views, Spa and Herb Garden. This home has multiple decks, Wine room, Study & a 3 car garage plus plenty of parking built on 2 lots.      Highlights:  3 bedroom 3.5 baths Approximately 4,349 sq. ft.  A+ area in La Jolla Built on 2 lots Residential Elevator 3 car attached garage   Multiple view decks  Roof top deck with Ocean views, panoramic view, Spa and Herb Garden Fireplaces  Wine room Separate Study/Library (possible 4th bedroom with addition of a closet)  Dual Master Closets Entertainment Room Laundry chute
#230012833SD

La Jolla

1245 Park Row

3 Beds

3 Baths

4,349 Sq.Ft.

$5,700,000

MLS#: 230012833SD

930 B Ave National City, "The French Quarters" presents the opportunity to acquire a rarely traded 27 unit garden style asset located in National City’s most desirable corridor. The property is located one parcel away from the Historical Landmarks of Brick Row & Heritage Square and within a 3 minute walk of all the activity Kimball Park, E 8th St, and National City Blvd have to offer. The asset possesses both attractive immediate value-add potential on the existing 27 units and significant development potential. The parcel consists of 23,086 SF within the Downtown Specific Plan allowing for 3:1 & 4:1 FAR ratios of multifamily development.  930 B Ave consists of 25 registered units and 2 unregistered units. The unit mix contains (10) 1 Bed / 1 Bath units, (10) 2 Bed / 1 Bath units, (5) 2 Bed / 2 Bath units, and the (2) unregistered studio units converted out of existing non-living square footage. The property possesses an oversized unit average of 765 SF with a huge 5,549 SF of additional existing non-living square footage comprised of 23 garages, 4 storage rooms, the 2 unregistered studio units, and an on-site laundry facility.   An investor can pursue a lower intensity value-add play or an all-out full rebuild including major infrastructure systems at a forecasted 8.13% proforma cap rate and 6.10% all in Yield on Cost. Additional return can be gained through ADU development of select garages and storage rooms. All garages adjoin to the interior courtyard. There are no units on the 1st floor of the Western or Northern portion of the property, allowing for ideal ADU garage conversions with potential front door courtyard access.  15 of the 27 units are in renovation ready status allowing for immediate renovations and improvements. The majority of units are in mostly original condition with partial updates. Roughly half of the units could be in attractive market operating condition with minor improvements. The remaining units should receive full renovations to maximize ROI. Existing ownership completed a full roof and underlay replacement in 2024. Electrical and plumbing systems are original from 1971.
#PTP2504689

National City

930 B Avenue

None Beds

None Baths

19,122 Sq.Ft.

$5,700,000

MLS#: PTP2504689

Truly the most iconic breathtaking home built in Crown Point to date.  Owner spared no expense on designing and building this dream home.  On top of the extraordinary views from every single level of this home, the quality of the home is incomparable to anything on the market.  Every detail from storage, bathroom, bedroom placement was custom designed and thought through thoroughly.  Two car wide, tandem length basement garage that leads right into the first level of the home where the private home theater is located along with a wet bar, large wine fridge, and full sized bathroom.  Up the stairs to ground level is where three bedrooms, a spacious living room, two full bathrooms, a laundry room and another wet bar that includes a dishwasher, beverage cooler & high end ice maker.  As you go up the stairs to the third level you’ll be taken aback by the elegant decorative wall leading you right into the massive, jaw dropping, kitchen and living room.  From the top grade appliances, custom cabinetry, walk-in pantry, to the La Cantina recessed doors, there isn’t anything about this home that isn’t a top of the line quality selection. The kitchen even has a pass through window leading to the built in BBQ on the deck right off the back of the kitchen.  The master bedroom not only has gorgeous views as well, but the massive walk-in closet has its very own stacked washer/dryer!  The amount of appealing qualities to this home is truly endless, from remote/automatic blinds, central vac system, decks on every level plus a roof top deck with a Jacuzzi, its an absolute must see.
#230010680SD

San Diego

3410 Crown Point Dr

4 Beds

4 Baths

3,805 Sq.Ft.

$5,700,000

MLS#: 230010680SD

None
#ML82001959

Hillsborough

35 Brooke Court

6 Beds

6 Baths

5,375 Sq.Ft.

$5,700,000

MLS#: ML82001959

Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant. Seller will be doing a 1031 exchange.
#OC25088420

Los Angeles

1444 W 37th Street

None Beds

None Baths

9,056 Sq.Ft.

$5,700,000

MLS#: OC25088420

We are pleased to present 1530 E. Broadway, a 16-unit apartment building located in the Citrus Grove neighborhood of Glendale. Built in 1960, this well maintained asset is comprised of balanced unit mix that includes (4) 1bed/1bath, (4) 2bed/1bath, (4) 2bed/2bath, and (4) 3bed/2bath units. Many of the units have received upgrades over the years that include laminate flooring, stone countertops, renovated kitchen cabinetry, bathroom upgrades and new windows. The property has gated access, on-site laundry, and 10 parking spaces. The roof was replaced in 2015 and receives annual maintenance to preserve its integrity. Tenancy at the property has been very stable over the years and current rents are about 32% below market rates. A new investor will have the ability to achieve market rents through annual rental increases (5%+ CPI) and implementing unit renovations when vacancies arise. Located just east of Verdugo Road, 1530 E. Broadway is within walking distance to Glendale High School. Tenants of the property are within a short driving distance to the shops and restaurants at Glendale Galleria, & Americana on Brand. It's proximity to the 2 and 134 freeways allows for ease of access to multiple health care centers in the city along with neighboring cities such as Eagle Rock, Pasadena, Atwater Village, Burbank, Downtown Los Angeles, and many other.
#23243867

Glendale

1530 E Broadway

32 Beds

None Baths

16,000 Sq.Ft.

$5,700,000

MLS#: 23243867

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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