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To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 6199928588...

4-unit apartment complex located in Adams Point near many popular restaurants, shopping options, and outdoor activities. The unit mix offers three (3) 1bd/1bth units and one (1) studio unit with strong current income and excellent rental upside. Currently, the property is 100% leased to stable tenants providing for an opportunity for the next owner to increase rents over time for increased cash flow. The property was originally built in 1925, offers approximately 3,275 square feet of rental space, and sits on a 6,250 square foot lot with a huge backyard and room for off-street parking. The units have been recently remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, refinished wood flooring, custom tile, new paint, and more. The property is easy to manage and requires very little maintenance resulting in low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment. This is a high demand Adams Point location near Lake Merritt, Grand Lake shopping, with easy access to downtown Oakland. The Adams Street area is one of the city’s most established and in-demand sub-markets and is always easy to rent.

Excellent investment opportunity in the desirable El Sereno neighborhood! These duplex features two separate 2-bedroom, 1-bath units, offering an ideal opportunity for both investors and owner-occupants. The front unit (3818) has been beautifully remodeled, making it move-in ready for a new owner or tenant. Renovations include new laminate flooring, fresh interior and exterior paint, a completely remodeled bathroom, remodeled kitchen with quartz countertops, new cabinetry, new garbage disposal, new stove, updated fixtures, recessed lighting, and dual-pane windows. The spacious living and dining areas provide a bright, open feel with abundant natural light. Situated on a generous 7,127 sq. ft. lot, the property offers a long driveway with ample parking and a private rear yard. Conveniently located just minutes from Cal State LA, USC Health Sciences Campus, Downtown Los Angeles, South Pasadena, Alhambra, Highland Park, and major freeways including the 10, 710, 5, 110, and 60. Enjoy easy access to shopping, dining, and everyday conveniences including Costco, Food 4 Less, Superior Grocers, El Super, Target, Walmart, Home Depot, CVS, Walgreens, Starbucks, and numerous local restaurants and cafés.

RARE TRIPLEX OPPORTUNITY IN WALNUT PARK! Investors and owner-users—here’s your opportunity to acquire a versatile three-unit property offering multiple income streams, rental upside, and flexible ownership potential. * Back Unit will be delivered VACANT (1bd /1bath)* The property features a 3BD/2BA, 1BD/1BA, and 1BD/1BA, providing a diverse unit mix and multiple avenues for an investor to maximize the property's income potential. An owner-user can live in one unit while generating rental income from the remaining units, while investors can add a well-positioned triplex to their portfolio. The location offers convenient access to Downtown Los Angeles, major transportation routes, shopping, dining, and much more making this an attractive location for tenants and owner-users alike. Three units. Multiple income streams. Opportunity for rental growth. Properties offering this combination of unit mix and income potential are rare. Investors—don’t miss this opportunity! Drive By, make offer and make this triplex your next investment.

Welcome to this wonderful and unique multi-family opportunity ideally located in the heart of Monrovia! Situated on a nearly 9,200 sq. ft. lot, this beautifully landscaped property features two fully independent homes with separate addresses and individually metered utilities (water, gas, and electricity). The fully renovated main residence (348 Shode Ave, Built 1949) offers 3 bedrooms and 2 bathrooms within a bright, open floor plan. Highlights include a custom fireplace, new wood floors, a new HVAC system, new windows, and a stunning chef’s kitchen with Quartz countertops and stainless-steel appliances that flows directly to the backyard for seamless entertaining. The detached ADU (2311 California Ave, Built 2024) offers 1,000 sq. ft. of elegant living space with 2 bedrooms and 2 full bathrooms (unit shows 3 bedrooms). It boasts its own private backyard, high ceilings, a gourmet kitchen with 42” cabinetry, and a fully paid solar panel system. A 2-car garage with large gated access on each side ensures privacy and convenience for both residences. Ideal for multi-generational living or as a premium investment, this move-in ready property is just minutes from Monrovia's best shopping and dining. Don't miss this extraordinary dual-home opportunity!

Rare investment opportunity in West Koreatown/Mid-City, a beautifully maintained 1925 Spanish Revival duplex offering immediate income and meaningful long-term development potential. The property features two well-maintained units, including a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1.5-bathroom unit. The property has been thoughtfully updated, and a new roof was installed in 2026.Ideally positioned within approximately 20 minutes of Culver City, Beverly Hills, and Downtown Los Angeles, the property is also just a 2-minute walk from a vibrant commercial corridor, offering convenient access to grocery stores, coffee shops, and everyday amenitiesan attractive location for both residents and rental demand.A detached garage structure is located at the rear of the property, along with a covered patio area with an existing concrete slab, which may offer additional potential for future development or ADU conversion, subject to applicable zoning and permitting requirements. Zoned R2-1 and TOC Tier 4 eligible, the property may qualify for density bonus incentives, while ADU additions may be exempt from on-site parking requirements. Based on a preliminary architect review, the site may accommodate up to two additional ADUs, with four preliminary development scenarios ranging from a single ADU addition to a two-ADU configuration available for review. These scenarios are illustrative only and have not been verified or approved by the City. Buyer is solely responsible for independently verifying zoning, ADU feasibility, density bonus eligibility, parking, permitting, existing improvements, and all other development requirements with the appropriate governing agencies and buyer's own licensed architect and/or engineer prior to close of escrow. With major improvements already completed, a desirable location, and the potential to expand rental income through additional ADUs, this property offers an attractive combination of current income and long-term value. Contact the listing agent for additional information.

Great Income Opportunity in South Los Angeles! Conveniently located minutes from Downtown LA, major freeways, shopping, restaurants, and public transportation, this property is ideal for an owner-occupant who can live in the vacant front unit while the tenant in the back helps offset the mortgage. Investors can also take advantage of the strong rental potential with 20% down, making this an excellent addition to an income-producing portfolio.

263 Corona Avenue is a unique 4-unit apartment property located in the highly desirable Belmont Park neighborhood of Long Beach. The property features approximately 4,312 square feet of living area on an 8,104-square-foot lot and stands out for its exceptionally large units, residential setting, and proximity to the coast. The property offers a unique unit mix consisting of (1) 2-bed/1-bath unit with a den, (1) oversized 1-bed/1.5-bath unit, and (2) 1-bed/1-bath units. Two of the apartments are particularly spacious at approximately 1,450 and 1,550 square feet, offering layouts and living space rarely found in a 4-unit property. The rear 1bed/1.5 bath unit served as the owner's residence for many years and has been renovated and finished more like a private home than a typical rental unit. It features high ceilings, a high-end kitchen with Viking appliances, a central stereo system with built-in speakers throughout the interior and outdoor areas, and an expansive primary suite with a large walk-in closet. The primary bathroom includes a Jacuzzi tub, separate shower, dual sinks, and additional custom finishes. The property has been well maintained and improved over the years, with additional features including upgraded kitchens and bathrooms, hardwood flooring, vaulted ceilings, copper plumbing, and ducted HVAC in the downstairs units. Two 2-car garages provide four garage parking spaces, while private outdoor areas and a hardscaped patio further enhance the property's residential feel.

$25K Price Reduction! 6.38% Cap Rate Perfect 1st Time Buyer Purchase Opportunity! We are pleased to present the exclusive offering of 2404 S Carolina St, a well-maintained coastal multifamily investment located in the desirable San Pedro submarket. This exceptional asset represents an attractive opportunity to acquire a 4-unit apartment community in one of Southern California's established coastal rental markets. Originally constructed in 1957, the property consists of approximately 3,672 rentable square feet situated on a 6,092 square foot lot. Residents enjoy ocean views from the property, further enhancing its desirability and tenant appeal. Ideally situated in the Point Fermin neighborhood, the property is near the San Pedro waterfront, Cabrillo Beach, Point Fermin, West Harbor, and a variety of restaurants, retail, and entertainment destinations, offering residents a desirable coastal lifestyle with convenient access to the broader South Bay and Los Angeles markets. Additional amenities include in-unit washers and dryers, four covered parking spaces, and a shared outdoor patio. The property has also benefited from significant recent capital improvements, including a completely repaired foundation, new PEX plumbing throughout the building, five new electrical panels, new exterior paint, and extended gutters. Both upstairs units have been fully renovated, providing a strong foundation for continued property performance. The property is currently operating at a 6.23% capitalization rate and an 11.63 GRM, offering investors an attractive combination of current cash flow and future upside. Additional value-add potential can be realized through renovations to the downstairs units and strategic rent increases, allowing a new owner to enhance rental income and overall property performance. Potential ADU development may provide additional upside, subject to applicable zoning and permitting requirements. Buyer to verify all ADU development potential, requirements, and feasibility. 2404 S Carolina St provides investors with an opportunity to acquire a well-maintained coastal multifamily asset at an attractive basis, with a combination of current income, recent capital improvements, and future value-add potential. The property's desirable San Pedro location, ocean views, parking, in-unit laundry, and proximity to ongoing waterfront revitalization position it as an attractive investment opportunity with potential for long-term income growth and appreciation.