Residential Income Properties: Active

13605 S. Vermont Ave. Gardena, CA 90247

$8,495,000
The Oasis is a 66 unit Apartment Complex that contains 36 one Bedroom, one Bath / 20 one Bedroom, one Bath plus Patio (140sq.ft.) / 8 two Bedroom, one Bath and 2 Single Units. The property is two-story garden style with 66 parking, plus a swimming pool and on-site laundry facility. All units are separately metered and have individual water heaters. Built in 1962 with a flat composition 2 year old roof. Central courtyard is enhanced by generous landscaping and fully matured palm trees.

HIGHLIGHTS
* No rent control except 7 units (Section 8)
* Assumable Loan at 3.41% fixed until January 1, 2018; 30-year amortization
* 36 Units upgraded
* $128,712 per unit, $169.00 per square foot
* Controlled access for building and garage
*Units individually metered with separate water heaters

Offering Memorandum (please see the attachment in this e-mail)

Website: http://www.crelisting.net/Zes2NoZ4w

4688 Huntington Dr. So. Los Angeles, CA 90032

$7,250,000
Huntington Hacienda is a 57 unit Apartment Complex that contains 32; 2 Bedroom, 2 Bath & 25; 1 Bedroom, 1 Bath units. The property is four stories of which the 1st story is parking with 53 tandem & 6 single spaces, plus swimming pool and three separate laundry facilities (one on each floor). All units are separately metered and have individual water heaters. Built in 1989 with stucco on wood frame construction with flat composition roofing. Maintenance person full time on site.

UNIT AMENITIES
* Gas Stoves
* Dishwashers
* Plush Carpets
* Garbage Disposals
* Wall Unit Heating & Air Conditioning
* Vertical Blinds
* Water Heater (Individual)
* Larger Closets

COMMON AREA AMENITIES
* Secured Covered Parking / 53 Tandem 6 Singles
* Swimming Pool
* Three Convenient Laundry Rooms one on each floor
* On Site Leasing Office
* Gated Security Bldg.
* Elevator
* Cable
* Freeway Access
* Metro Bus Stop steps from property

Located North East of Downtown Los Angeles in the El Sereno, Monterey Hills Area. Easy access to the 10, 5 110 & 710 freeways. Minutes to Pasadena, Alhambra and Downtown Los Angeles. Easy access to transportation, Metro Bus Stop, steps from the building. Abundant shopping close by.

817 16th St. Santa Monica, CA 90403

$1,795,000
Units will be available for tour on Sunday, Aug.18th, 1:00 to 3:00 P.M. Deadline for offers to be 4:00 P.M., Wednesday Aug.21st, 2013.

Prime Santa Monica Duplex plus Possible Future Development.

  • Charming Duplex, Just South of Montana Avenue.
  • Front Unit 3 Bedroom, 1 Bath (1,607 S.F.).
  • Back Unit 1 Bedroom, 1.5 Baths (1,000 S.F.).
  • Hardwood Floors , Fireplace, & Patio Deck.

DEVELOPMENT
Condo’s

  • 4 Units.
  • 5 Units, if one unit is allocated to Moderate Income
  • 6 Units (2 stories), if one unit is allocated to Low Income Housing.

Apartments

  • 5 Units.
  • 6 Units (3 stories) with one Moderate Income Unit.
  • 7 units (3 stories) with one Low Income Unit.

(Buyer to verify with City of Santa Monica)

Property is just off Montana Avenue which is a 10-block open-air retail destination.
It’s home to more than 150 high-end Boutiques, Restaurants, and service establishments. Montana Avenue is Santa Monica’s Premiere Shopping Neighborhood.
Download PDF for more information

11241 & 11243 Lucerne Ave. Culver City, CA 90230

$895,000
Court Confirmation of Sale for the amount of $870,000 will take place on November 5, 2012 at approximately 8:30 AM in Department 56 of the Los Angeles County Superior Court, Central Division, located at 111 North Hill Street, Los Angeles, California. Said Sale is Subject to possible Overbid. Call Agent for details. Opportunity to Owner/User or Investor.

  • Easy access to Shopping, Restaurants, Public Transportation and 405 freeway.
  • 2 separate units 3 BD + 1.5 Baths ; 2 BD +1 Bath. Total Square Footage 2,570 + 3-car garage.
  • Large lot 11,448 Sq.ft. 53 ft x 213 ft. Adjacent to newer homes (Sycamore Dr.)
  • Beautiful hardwood floors thru-out.
  • Front unit extension of 3rd Bedroom and service porch may not be with permit.
  • Partial Fixer – Kitchens needs new floors and appliances.
  • Potential annual rent $60,600. Delivered vacant at close of escrow.
  • Sale Subject to Court Confirmation. Call Agent for Details and Showings.

Download PDF for more information

1480 S. Wooster Los Angeles, CA 90035

$1,175,000
4 unit Apartment Building located South of Pico & East of Robertson.
Perfect for Owner User or Investor.
Download PDF for more information

954 South Ardmore Ave. los Angeles Ca. 90006 Offered at $1,250,000.

* Studio’s with generous kitchens
* Well Maintained
* Tenant pays gas and electric/Landlord pays water
* Spacious, clean units
* Upside in rents
* Easy access to local shops, restaurants, and public transit.
* Located one block No. of Olympic in Mid Wilshire/Korea town area.
* Directly back of the property is Seoul International Park with children’s play area, baseball diamond, (lighted) and indoor gymnasium.
Sale Subject to Court Confirmation
(Call Agent for details)
Drive by only, do not disturb tenants
Download PDF for more information

534 North Heliotrope Los Angeles, Ca 90004 Offered at $1,395,000.

* Built in 1988/No Rent Control/ Rent upside
* 18 On site tuck under parking spaces
* Vertical blinds
* Mirrored wardrobes
* Ceiling fans in dining area
* Individual water heaters (40 gal)
* Some units with balconies
* Gas stoves
* Wall air conditioning and Heaters
* Tenants pay utilities/ Landlord pays water
Centrally Located with easy access to the 101 Freeway to Downtown and Hollywood.
Sale Subject to Court Confirmation
(Call Agent for details)
Drive by only, do not disturb tenants
Download PDF for more information

2319 S. Rimpau Blvd. Los Angeles, CA 90016

Price: $595,000
Over $60,000 improvements just completed including new roof, electrical, carpeting and more.

548-550 ½ N. Kenmore Los Angeles, CA 90004

Price: $725,000 (Reduced)
Great Location, Hardwood Floors, Spacious Kitchen & Abundant Parking.