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It is with great pride that we present for sale 1141-47 Reed Avenue, a phenomenally well-located four-unit property in the heart of Pacific Beach, within walking distance to Sail Bay (+/-2.5 blocks), the beach (+/-4.5 blocks), and more recreation options than one could ever tire of. Comprised of two (2) 2br/1ba units; one (1) 2br/2ba unit; and one (1) 3br/2ba unit, there are ten off-street parking spaces (including a 2-car garage), and all units either have in-unit laundry (3), or exclusive access to an outdoor laundry room (1). The front duplex (1145-47 Reed Ave.) features a spacious 3-bedroom/2-bathroom ‘owner’s unit’ on top (1147), boasting vaulted ceilings with high windows and skylights for good natural light, a rooftop deck and private balcony, plus a large master bedroom with double-sided fireplace, a bonus room, and an en-suite bathroom with jacuzzi tub. This unit is ripe with upside potential via a full modernization. Below is a generous 2-bedroom/2-bathroom unit (1145) with updated kitchen and bathrooms, including grey shaker-style cabinetry, granite countertops, newer appliances (including dishwasher and micro-hood), with tile flooring throughout (carpeted bedrooms), and radiant heat. Adjacent to unit 1145 is a 2-car garage, with two (2) off-street surface spaces behind it. The rear duplex (1141-43 Reed Ave.) has a 2-bedroom/1-bathroom unit above a 2-bedroom/1-bathroom unit, both with in-unit laundry hookups, luxury vinyl plank flooring, granite countertops, among other upgrades. Behind this building there are six (6) surface off-street parking spaces. Residents at 1141-47 Reed Avenue enjoy great proximity to fun in the sand and surf, as well as a charming setting with private outdoor areas at each unit, some small lawn areas and tasteful landscaping throughout, its two large storage sheds plus two private bike and board outdoor storage areas, and a great parking situation. The front building (built in/around 1979) is of wood frame construction upon a concrete on grade foundation, and features a partial pitched roof with composition shingles, and wood siding, while the rear building (built in/around the 1950s or 60s), also on a concrete slab foundation with a pitched (hip) roof and composition shingles, has stucco for its exterior siding. All units are separately metered for gas and electricity, and the property is on city trash/recycling.

PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

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

Located at 910 and 912 Bushnell Avenue in Alhambra, this 1931 Craftsman and its original guest house/ADU, embody a timeless dialogue between heritage and modern ease. Together, they form a rare architectural duet where history hums quietly through every windowpane, beam, and tile.The 1,368-square-foot main home unfolds with warmth and intention: While tax records show two bedrooms in the main home, a third bedroom is in place and provides additional versatility for modern living. In the kitchen, stainless-steel appliances and granite countertops meet a bay window that frames the garden like a painting. A living room anchored by a Batchelder-tiled fireplace, leaded-glass windows, and honeyed hardwood floors captures the soul of the Craftsman era its calm proportions and hand-wrought details offering a sanctuary of light, craftsmanship, and quiet sophistication. Beyond the main home, a charming detached 678 square-foot guesthouse, graced with its own entrances and private yard, offers a modern echo of the original architecture and an opportunity for rental income. With one bedroom, one bath, and a generous living space bathed in natural light, it exudes the easy rhythm of California living. Hardwood floors, slate countertops, and stainless-steel accents balance vintage charm with contemporary comfort, creating a retreat as independent as it is harmonious. A finished 375 square foot, 2 car garage, environmentally heated and cooled, complete with its own bath, adds yet another creative layer: studio, office, gym, or guest suite the possibilities as limitless as the imagination of its next steward.Outdoors, manicured gardens and fruit-laden trees create a green sanctuary under the wide California sky. Here, afternoons stretch lazily, laughter drifts across the yard, and twilight settles softly over two dwellings that share one spirit. Perfectly positioned near the heart of Alhambra and just moments from the storied enclaves of San Marino and South Pasadena, 910 and 912 Bushnell are more than mere addressesthey are a way of life. A place to live fully, to dream boldly, and to cherish deeply, where every corner whispers history and every moment holds the promise of something new. OFFER DEADLINE 11/25 AT 2:00pm

First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.

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

This property is being sold together with 3723 Inglewood. First time on the market in 44 years! This 21-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. The property is split on two parcels with a courtyard and pool in the center. No onsite manager is required. Built in 1962, the two structures totals 15,416 SF situated on a 16,754 SF lot. The unit mix consists of (7) 2Bed/2Bath, (13) 1Bed/1Bath and (1) Non-conforming Studio unit. There are 21 parking spaces. Recent upgrades include roof, sewer and electrical sub-panels. The property has been professionally managed for years and offers 31% rental upside. There is on-site laundry.

This property is being sold together with 3725 Inglewood. First time on the market in 44 years! This 21-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. The property is split on two parcels with a courtyard and pool in the center. No onsite manager is required. Built in 1962, the two structures totals 15,416 SF situated on a 16,754 SF lot. The unit mix consists of (7) 2Bed/2Bath, (13) 1Bed/1Bath and (1) Non-conforming Studio unit. There are 21 parking spaces. Recent upgrades include roof, sewer and electrical sub-panels. The property has been professionally managed for years and offers 31% rental upside. There is on-site laundry.

6110 Seville Avenue combines an outstanding location with proven operational stability, strong maintenance history, and approximately 30% rental income growth potential making it a premier value-add investment opportunity. Constructed in 1963, the property encompasses 17,005 square feet of improvements on a 16,249 square foot lot (Buyer to verify). The asset features a diverse and attractive unit mix, including: * Seven (7) 2 Bed + 1 Bath units * Seven (7) 2 Bed + 1.5 Bath townhousestyle units * One (1) 2 Bed + 1.75 Bath unit * Four (4) 1 Bed + 1 Bath units. With an average unit size of approximately 895 square feet, seven units further benefit from private balconies, enhancing their appeal to tenants. Amenities include an on-site laundry facility with newer seller-owned machines, 19 gated carport spaces (one currently designated for refuse collection), and a landscaped courtyard setting that enhances resident experience. 6110 Seville Avenue has benefited from long-term, hands-on ownership by an experienced multifamily operator, ensuring a level of care and upkeep exceeding that of many third-party managers. The property is separately metered for electricity and hot water, and has received extensive capital improvements, including: * 2024: New silicone roof coating with a 20-year Stormbreaker roof system warranty; * 2018: Full plumbing re-piping; * Multiple electrical subpanel upgrades. Seven units have been tastefully renovated with modern finishes, including new flooring, cabinetry, countertops, sinks, stoves, bathroom vanities and tiles, blinds, outlets, and switches. Residents enjoy secured entry, spacious floorplans, and immediate access to the Pacific Boulevard Shopping District, as well as proximity to numerous schools, retail, and dining options. 6110 Seville Avenue represents a rare opportunity to acquire a stabilized, well maintained multifamily asset with immediate rental upside and long-term value-add potential in one of Southeast Los Angeles County's most dynamic submarkets.