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$8,750,000
P1-27226 MLS ⋅ Active Status
Exceptional investment opportunity in the heart of Valley Village featuring a 25-unit apartment community offering an attractive unit mix of twelve 2 bedroom / 2 bathroom units, twelve 1 bedroom / 1 bathroom units, and one spacious 3 bedroom / 3 bathroom unit. This well-maintained property combines strong income potential with desirable amenities in one of the San Fernando Valley's most sought-after rental markets. Residents enjoy controlled entry access, elevator service, a quiet community pool with adjoining patio area, fitness center, on-site storage, and a large community garage with assigned parking for each unit. The property is also equipped with solar panels and 11 electric vehicle charging stations, providing modern efficiency and convenience for today's tenants. The contemporary exterior, spacious common areas, and attractive amenities create a welcoming residential environment while supporting long-term tenant appeal. Ideally situated near major studios, dining, shopping, and transportation corridors, this asset presents an outstanding opportunity for investors seeking a stabilized Valley Village apartment property with modern features and future upside. Property may be purchased separately or combined with the adjacent quadplex at 5270 Bellingham Ave and triplex at 5236 Bellingham Ave for a rare multi-property portfolio acquisition opportunity.

5260 Bellingham Avenue, Los Angeles
$990,000
CV26105317 MLS ⋅ Active Under Contract Status
7-unit income property, built 1930. List price $990,000. 2025 gross income $84,512, NOI $38,623. Unit mix: six studios (0/1) and one 1BD/1BA. 5,098 SF total on 16,000 SF lot. Six of seven units occupied. Garage/storage income. No on-site laundry. Sale subject to court approval and overbid — partition referee sale, sold as-is. Partition Referee exempt from disclosures.

532 S La Verne, Los Angeles
$7,400,000
PW26023461 MLS ⋅ Active Status
Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products. The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach. In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow. Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach.

1827 E 4th Street, Long Beach
$1,180,000
PW26104532 MLS ⋅ Active Status
Discover this 2-story, 4-plex investment opportunity located in Gardena, CA. This property is fully occupied with long-term tenants, providing stable rental income with opportunity to increase rent. It also features a dedicated carport for the tenants and a shared laundry room. Conveniently situated with easy access to local amenities and transportation, this property presents an excellent opportunity for investors seeking a solid rental property with steady cash flow.

1714 W 144th Street, Gardena
$2,280,000
AR26106115 MLS ⋅ Active Status
*** Excellent Location. *** Large Lot. Nearby California State University Los Angeles and Downtown LA. Decent Great Single family Residence surrounding areas. Easy to access Freeway 10. Two four-plex buildings, total 8 x 2 bed/1 bath units plus 4 Double Car Garages and Plenty parking space. Individual water heater in the unit. There are Laundry Hook up for Each Unit. Fully occupied. Rare opportunity for Investor. The property provides immediate stability while offering tremendous value-add potential for future ownership. Drive By Only ! Do not Disturb Tenants.

2205 W Ramona Road, Alhambra
$1,800,000
PW26106882 MLS ⋅ Active Status
This is a rare opportunity to secure a valuable multifamily asset in the heart of South Gate with excellent long-term investment potential. This income-producing property offers strong rental potential, a generously sized lot, and a spacious layout with functional floor plans that appeal to a wide range of residents. The property presents an excellent opportunity for both seasoned investors and owner-users seeking stable cash flow with upside potential. Whether added to an existing portfolio or acquired as a first multifamily investment, this 10-unit complex represents a rare chance to own a solid multifamily property in a prime infill location.

2815 Orchard Place, South Gate
$1,200,000
PW26106817 MLS ⋅ Active Under Contract Status
Excellent investment opportunity in the thriving community of South Gate. This well-maintained 6-unit apartment complex features six spacious 1-bedroom, 1-bath units designed for comfortable living and consistent tenant demand. Each unit offers a functional floor plan, creating an inviting atmosphere for residents. The property includes convenient carport parking and additional parking space, providing added value and everyday convenience for tenants. With strong rental upside potential, low-maintenance unit mix, and a prime location in one of Southeast Los Angeles County’s established rental markets, this property is perfect for both seasoned investors and buyers looking to expand their multifamily portfolio.

2811 Orchard Place, South Gate
$1,050,000
PW26105984 MLS ⋅ Active Status
Fully occupied 5-unit investment property featuring five spacious 1-bedroom, 1-bath units in a highly desirable central location. In addition, there's 3 single car detached garages and 3 additional parking spaces. This well-maintained complex offers strong and consistent rental income with excellent tenant occupancy. Conveniently situated near all major freeways, shopping centers, dining, schools, and everyday amenities, providing easy access for commuters and residents alike. Ideal opportunity for investors seeking stable cash flow and long-term growth potential in a prime rental market.

6519 Middleton Street, Huntington Park
$1,950,000
DW26105914 MLS ⋅ Active Status
Exceptional investment opportunity featuring 6 spacious multi-family units across two separate well-maintained buildings situated on a 6,816 SF lot. Each unit offers an expansive 3-bedroom, 2-bathroom floor plan with over 1,100 square feet of living space, providing a totlal of 18 bedrooms anf 12 Bathrooms, strong tenant appeal and excellent rental potential. The property has been pridefully maintained and offers a desirable unit mix ideal for long-term tenants and consistent cash flow. Spacious interiors feature functional layouts, generous bedroom sizes, abundant natural light, and comfortable living areas designed for modern living. With two separate structures, the property offers enhanced privacy, flexible management options, and attractive curb appeal. Ample on-site parking, low-maintenance grounds, and strong occupancy potential further enhance this asset’s value. Located in a high-demand rental market with close proximity to schools, shopping, dining, transportation, and major freeways, this is a rare opportunity for investors seeking stable income and long-term appreciation. Perfect for both seasoned investors and owner-users looking to maximize rental income. A rare chance to acquire a solid multi-family asset with strong fundamentals and significant upside potential.

3925 Barrett, Los Angeles
$1,599,000
SB26105384 MLS ⋅ Active Under Contract Status
Don't miss this exceptional opportunity to own a 7-unit townhome-style income property in highly desirable Gardena. Each spacious one-bedroom residence features a multi-level design that provides the privacy and feel of a standalone home rather than a traditional apartment. Every unit offers an open-concept living area, a well-designed kitchen, and a private patio. Tenants are responsible for their own electric, gas, and water utilities, helping reduce owner expenses. Additional highlights include an attached two-car garage with direct access to each unit, individual water heaters, forced-air heating, and private washer/dryer hookups conveniently located in every garage. Ideally positioned with quick access to the 110, 405, and 91 freeways, the property offers excellent commuter convenience to the South Bay, Downtown Los Angeles, and Silicon Beach. Residents also enjoy close proximity to shopping, restaurants, parks, and everyday amenities. Located in one of Gardena's strong rental markets, this investment offers the potential for consistent income, low vacancy, and long-term appreciation—making it an outstanding addition to any investment portfolio.

1316 W 166th, Gardena
$2,195,000
PW26102358 MLS ⋅ Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages. A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential. Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.

924 Termino Avenue, Long Beach
$2,875,000
PW26102404 MLS ⋅ Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.

755 Gaviota Avenue, Long Beach
$2,100,000
SB26104879 MLS ⋅ Active Status
Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month. Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years. 1720 Cerritos Ave is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

1720 Cerritos Avenue, Long Beach
$1,700,000
SB26104278 MLS ⋅ Active Status
We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value. Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

1922 Locust, Long Beach
$5,500,000
TR26096273 MLS ⋅ Active Status
4212 La Rica presents a rare investment opportunity in the vibrant and centrally connected city of Baldwin Park — proudly known as the “Hub of the Valley.” Ideally positioned near the I-10, I-605, and 210 freeways, the property offers residents convenient access to Downtown Los Angeles, Pasadena, Orange County, and the Inland Empire, making it highly desirable for commuters and long-term tenants alike. Professionally managed and meticulously maintained, this 16-unit property features spacious two-bedroom, one-bath floor plans with an impressive average unit size of approximately 945 square feet. Recent capital improvements include new roof, fresh exterior paint, and a newly paved driveway and parking area, while in-unit laundry hookups further enhance resident convenience and appeal. The property has benefited from extensive upgrades over the years, reflecting pride of ownership throughout. Approximately 90% of the tenants are currently on month-to-month leases, providing a new owner with significant upside potential through the ability to adjust rents toward current market levels. In addition, each unit is separately metered for utilities, helping minimize ownership expenses and improve operational efficiency. Situated in a highly walkable location, the property is just moments from the city library, City Hall, offices, schools, fitness centers, places of worship, shopping centers, grocery markets, and a wide variety of dining and retail destinations, including Dollar Tree, McDonald's, and Starbucks. Residents are drawn to Baldwin Park’s welcoming, neighborhood-oriented atmosphere, multi-generational community appeal, and relative affordability compared to surrounding markets — all while benefiting from the city’s strong long-term growth potential.

4212 La Rica, Baldwin Park
$2,799,000
PW26103081 MLS ⋅ Active Status
1629 Maple Ave is a well-maintained 6-unit apartment building located adjacent to Constitution Park in the highly desirable El Segundo submarket. The property features an attractive unit mix of six 2-bedroom/1-bath units totaling approximately 4,032 square feet on a 6,807 square foot lot. The asset offers strong in-place income with a 4.86% current CAP rate and additional upside to a projected 5.77% market CAP rate. The property includes carport parking for six vehicles, shared on-site laundry facilities, and recent capital improvements including a new electrical main panel with new subpanels installed in all units. Two of the units have also been upgraded with built-in washer/dryer systems and tankless water heaters, enhancing tenant appeal and operational efficiency. In addition to the existing improvements, the property offers attractive future upside through a potential ADU opportunity. Ownership has had an architect verify the feasibility of constructing two additional units above the rear carports, offering investors the ability to further increase income and long-term value (buyer to verify). Ideally situated approximately one mile from Downtown El Segundo and less than a 10-minute drive to the beach and LAX, 1629 Maple Ave benefits from one of the South Bay’s most desirable rental locations with convenient access to major employment hubs, dining, retail, and entertainment amenities.

1629 E Maple, El Segundo
$1,480,000
SB26101504 MLS ⋅ Active Status
First time on the market in 37 years! This 8-unit apartment complex offers investors a classic bread-and-butter income property in a strong rental location near Kaiser Permanente South Bay Medical Center and adjacent to the desirable, affluent South Bay communities of Lomita and Rancho Palos Verdes. The property’s strategic location provides consistent rental demand with easy access to major freeways, beaches, shopping, dining, and major employment centers throughout the South Bay and Harbor Area. The property features an optimal mix of one- and two-bedroom units with substantial, nearly 45% upside in rental income as units turn over. Additional features include on-site laundry with leased equipment and open parking in the rear of the building.

1625 Lomita, Harbor City
$1,299,000
DW26102927 MLS ⋅ Active Status
1 Unit VACANT. Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strongest rental markets. Spanning approximately 3,340 sq.ft. Livable Space sitting on just under 7,000 sq ft Lot Size Built in 1945. Significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. The property offers four 2-bedroom, 1-bath units each around 835 sq.ft. per unit. Centrally located near the Expo Line, minutes from major freeways and Downtown LA. All units are tenant occupied. Here are some key points on the property. New kitchens installed in units 1933 1/2 (2020), 1931 (2020), and 1933 (2024). All units have new laminate flooring in the bedrooms and common areas. Painted throughout exterior in 2024.Safety Features: Bars protecting gas meters installed in 2020. Security bars added to Unit 1931 with permits in 2021. Aesthetics and Maintenance: New paint on all iron gates and fences completed in 2024. Concrete parking stoppers 2020. Entire property received new stucco in 2024, with touch-ups done in 2025. Pest Control: Entire building tented for termites in 2017.

1931 35th Street, Los Angeles
$1,700,000
SR26094895 MLS ⋅ Active Status
Positioned within the highly desirable Sherman Oaks submarket, this six-unit multifamily property combines stability with long-term investment appeal. Consisting of approximately 4,844 square feet on a 10,665-square-foot lot, the property offers a favorable unit mix and on-site parking with own enclosed garage. Built in 1953, the property carries potential for value-add renovations while maintaining solid fundamentals, supported by a historically low vacancy area. Located along Burbank Boulevard—one of the San Fernando Valley’s prominent east-west thoroughfares—the asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.

14821 Burbank, Van Nuys
$2,980,000
AR26101933 MLS ⋅ Active Status
Presenting this amazing and rare opportunity to own this well maintained 7 unit building in the outstanding and award winning school district of South Pasadena and consistently strong rental demand. 6 units are 2 bedrooms one bath, and one unit is a one bedroom one bath. 8 carports plus one car garage. Located moments from Mission Street, the Gold Line, cafes, markets and South Pasadena's charming small-town amenities. This building offers the perfect blend of lifestyles and long-term value. In house laundry room, providing added convenience and additional income potential. Well kept grounds, stable long-term tenants, and up side in rents make this an excellent opportunity.

2064 Meridian, South Pasadena
$2,400,000
SB26101581 MLS ⋅ Active Status
Rare seven-unit apartment building on a corner lot with seven garages. Good mix with 1-three-bedroom, one bath front unit. There are 4 two-bedroom units and 2 one-bedroom units. Each unit has a one-car garage. Three-car wide driveway. Front units' garage is attached to unit and there is a passage door. ADU possibilities. Rents are low. Common laundry room. Roof was replaced per permit in 2022. Main electrical box has been upgraded. Walk to Downtown Torrance Business District, six parks, public transportation, major grocery and home improvement shopping. Close to Harbor and San Diego freeways. Plenty of upside potential. Inspection report available

1751 Martina Avenue, Torrance
$780,000
DW26100871 MLS ⋅ Active Status
Standard Sale!! great fourplex (4 units) on a large R-3 lot 46'x200' there are two 2 bedrooms 2 baths units and 2 single units 1 bath plenty of parking space each unit has its own electric and gas meter, seller willing to finance with a 30% down payment at 5% interest.

9320 Firth, Los Angeles
$2,280,000
SB26099694 MLS ⋅ Active Status
8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.13% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach's small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied with stable in-place income and rent upside under AB 1482. 12 on-site garage spaces (1.5/unit), on-site laundry, new roof and exterior paint in 2025, and separately metered gas and electricity. Post-1980 vintage insulates buyers from costly retrofit exposure common in the city's older stock. Minutes from Retro Row, Belmont Shore, and the 405/605/22 freeways.

1126 Raymond Avenue, Long Beach
$1,625,000
CV26099601 MLS ⋅ Active Status
We are proud to present 6200 Malabar Street – a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County’s Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd – Huntington Park’s heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room – all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park
$780,000
AR26099592 MLS ⋅ Active Status
Investor’s Dream Opportunity! 4 units investment apartment, each unit with 2 bedrooms, 1 bathroom. Perfect location! Closing to Los Angeles downtown, China town and LA union station. Kitchens, baths and roof are already upgraded. Long term tenants with reliable rent income. The tenants are friendly and cooperate with the owner to maintain the property. There is still room for rent increases. A rare chance to own a reliable rent income property in a prime LA downtown area!

315 Firmin, Los Angeles
$1,850,000
OC26099417 MLS ⋅ Active Status
$50K PRICE REDUCTION. ACTUAL 9.1 GRM / 7.5% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming Olympics!

701 Crenshaw, Los Angeles
$3,500,000
SB26098719 MLS ⋅ Active Under Contract Status
Prime 11-Unit Investment Opportunity in West Torrance Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features a two-story layout with excellent accessibility and tenant appeal. The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses. Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability. From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$36K annually), contributing to an attractive expense ratio and long-term cash flow opportunity. Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location. This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market.

5326 Lorna Street, Torrance
$2,650,000
AR26080904 MLS ⋅ Active Status
The Witmer Apartments (280 Witmer St), a 23-unit value-add multifamily opportunity located in the heart of the rapidly evolving Westlake submarket of Los Angeles. Offered at a competitive basis of $115,200 per unit and $221 per square foot, the property features a strong in-place CAP rate of ±7.38% and GRM of 7.96x, providing immediate cash flow with substantial upside potential. The property offers approximately ±35% rental upside, with in-place rents that have historically performed at or above market levels within the Westlake submarket. This presents investors with a compelling opportunity to acquire a well-performing asset with clear pathways to increase revenue through unit renovations and operational improvements. Built in 1927, The Witmer Apartments consist of 23 units totaling ±12,000 square feet on a ±7,710 square foot lot, featuring an efficient unit mix of (22) studios and (1) one-bedroom unit. Units average approximately ±450–500 square feet (buyer to verify) and offer functional layouts that align with strong rental demand in the area. Ownership has completed significant capital improvements, including copper plumbing, a complete electrical panel upgrade, partial roof replacement (pitched portion), updated horizontal drain lines, new gas wall heaters, and a 100-gallon boiler. These upgrades reduce near-term capital expenditure risk, allowing investors to focus on executing a unit renovation strategy and capturing rental upside. Additional value-add opportunities include two vacant basement rooms with potential for storage or laundry income, as well as an underutilized rooftop with direct access and views of Downtown Los Angeles, offering potential for conversion into a tenant amenity space (buyer to verify).

280 Witmer, Los Angeles
$3,148,000
SR26097175 MLS ⋅ Active Status
IKON Properties LA is proud to present 13520 Victory Blvd—an impeccably maintained 11-unit, two-story multifamily asset located in the highly sought-after Valley Glen neighborhood of Van Nuys. Constructed in 1963, the property offers 11,124 square feet of rentable space on a spacious 19,000 square foot lot. The unit mix consists entirely of 11 expansive 2-bedroom, 2-bathroom units, each thoughtfully designed in a townhome style with either front or rear patios. Every unit includes assigned parking, adding convenience and value for residents. Prime Location in Valley Glen: Set along Victory Blvd—a major corridor linking residential neighborhoods with commercial hubs—the property benefits from exceptional accessibility throughout the San Fernando Valley. Valley Glen is known for its blend of peaceful suburban charm and urban connectivity, making it an ideal setting for both families and professionals. Its reputation for safety, strong community vibe, and top-rated schools adds to its enduring tenant appeal. Property Highlights: Large, spacious units significantly bigger than typical offerings in the area; fully gated complex offering privacy and security; ideal for a mix of tenant profiles including families, students, and professionals; minutes from Los Angeles Valley College, Van Nuys Recreation Center, schools, shopping, dining, and transit; convenient access to major freeways and public transportation.

13520 Victory, Van Nuys
$1,800,000
SB26098575 MLS ⋅ Active Status
Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.

227 Lime, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.