Commercial Real Estate in California available for sale
Investment Properties For Sale

Investment Properties for Sale in California, USA

More details for 5526 Lexington Ave, Los Angeles, CA - Multifamily for Sale

5526 Lexington Ave

Los Angeles, CA 90038

  • Investment Property
  • Multifamily for Sale
  • $2,481,541 CAD
  • 1,745 SF

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

Located in the heart of Hollywood, 5526 Lexington Avenue presents a rare and compelling development opportunity in one of Los Angeles’s most dynamic and walkable neighborhoods. This ±7,500 SF parcel is zoned R4 and benefits from a Tier 3 TOC rating, allowing for the potential development of 18 or more residential units. The property is situated within a federally designated Opportunity Zone, offering significant tax advantages for investors seeking long-term growth. Currently improved with a two-story Victorian home and a detached rear unit, the site will be delivered 100% vacant, streamlining the path to redevelopment. The owner reports recent upgrades including new electrical systems, plumbing, and foundation work. City records indicate two addresses and duplex land use, with one electric and gas meter in place. Hollywood’s revitalization continues to attract major employers such as Paramount Pictures, Capitol Records, Kaiser Permanente, and Universal Studios, all within close proximity. The property boasts a WalkScore of 93, placing future residents steps from entertainment, dining, and transit options. Nearby developments totaling over $7.5B in investment underscore the area’s growth trajectory, with over 1,400 new residential units and 1.2M SF of commercial space recently completed. This site is ideal for developers and investors looking to capitalize on Hollywood’s booming residential demand, strong employment base, and unmatched cultural cachet. With zoning, location, and entitlement advantages already in place, 5526 Lexington Avenue is a strategic acquisition for forward-thinking multifamily development.

Contact:

KW Commercial SoCal

Property Subtype:

Multi Family

Date on Market:

2025-10-15

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More details for 116 Rees St, Playa Del Rey, CA - Multifamily for Sale

116 Rees St

Playa Del Rey, CA 90293

  • Investment Property
  • Multifamily for Sale
  • $2,476,023 CAD
  • 2,600 SF
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More details for 2045 Penmar Ave, Venice, CA - Multifamily for Sale

Penmar Ave /Marco Pl - 2045 Penmar Ave

Venice, CA 90291

  • Investment Property
  • Multifamily for Sale
  • $2,343,601 CAD
  • 1,870 SF
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More details for 2275 California St, San Francisco, CA - Multifamily for Sale

2275 California St - 2275 California St

San Francisco, CA 94115

  • Investment Property
  • Multifamily for Sale
  • $4,131,303 CAD
  • 6,000 SF
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More details for 13537 5th St, Yucaipa, CA - Multifamily for Sale

13537 5th St

Yucaipa, CA 92399

  • Investment Property
  • Multifamily for Sale
  • $6,207,300 CAD
  • 13,240 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Wheelchair Accessible
  • Smoke Detector

Yucaipa Multifamily for Sale - Redlands/Loma Linda

CBRE, Inc. is proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipa’s forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. A Dynamic Location with Unmatched Growth Yucaipa is a city on the rise, actively pursuing new business and commercial development that is building on its strong foundation. The community is already well-served by quality healthcare and educational facilities, which are being further complemented by this strategic growth. This focus on progress is perfectly balanced by the area’s natural and recreational advantages, with the beauty of the San Bernardino Mountains just a short drive away, and world-class entertainment available nearby at the Yaamava’ Resort & Casino. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. Day-One Returns with Clear Growth Potential This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether you’re a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this asset offers exceptional stability and enduring value in one of Southern California’s most dynamic markets, tapping into the robust and growing demand for senior housing.

Contact:

CBRE, Inc.

Property Subtype:

Apartment

Date on Market:

2025-10-14

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More details for 18300 Sesnon Blvd, Granada Hills, CA - Land for Sale

Assisted Living Project - Granada Hills - 18300 Sesnon Blvd

Granada Hills, CA 91344

  • Investment Property
  • Land for Sale
  • $12,414,600 CAD
  • 5.03 AC Lot
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More details for 870 Corporation St, Santa Paula, CA - Land for Sale

870 Corporation St

Santa Paula, CA 93060

  • Investment Property
  • Land for Sale
  • $2,067,721 CAD
  • 0.98 AC Lot
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More details for 1140 S Shenandoah St, Los Angeles, CA - Multifamily for Sale

1140 S Shenandoah St

Los Angeles, CA 90035

  • Investment Property
  • Multifamily for Sale
  • $2,620,860 CAD
  • 3,022 SF
  • Air Conditioning
  • Private Bathroom
  • 24 Hour Access
  • Kitchen

Los Angeles Multifamily for Sale - West Los Angeles

The Neema Group of Marcus & Millichap is pleased to present an owner user, investment, or development opportunity at 1140 S Shenandoah St in the highly coveted Pico Robertson submarket, located just north of W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The subject property is an existing duplex with two large two-bedroom units currently occupied; there is a garage at the rear of the property as well as room for additional uncovered parking. Ownership has preliminary plans submitted for two ADU’s, both three bedrooms, 1,250 SF each. Alternatively, there is development potential; the lot totals 6,384 SF zoned [Q]R3-1-O in a Tier 2 TOC; ownership has preliminary plans for a 21-unit affordable housing project. Strong demographics in the neighborhood; within two miles of the subject property, the median home value is over $1.1 MM and average household income over $127,000. The Pico-Robertson neighborhood is an established Los Angeles community known for being highly walkable, providing an array of amenities within a half-mile radius, the property has a walk score of 84 and is within walking distance to S Robertson Blvd, W Olympic Blvd, and S La Cienega Blvd with high-end retail options for residents.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-10-13

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More details for 870 Corporation St, Santa Paula, CA - Industrial for Sale

Corporation - 870 Corporation St

Santa Paula, CA 93060

  • Investment Property
  • Industrial for Sale
  • $2,067,721 CAD
  • 3,048 SF
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More details for 10743 Ohio Ave, Los Angeles, CA - Multifamily for Sale

10743 Ohio Ave

Los Angeles, CA 90024

  • Investment Property
  • Multifamily for Sale
  • $3,303,663 CAD
  • 3,062 SF

Los Angeles Multifamily for Sale - Westwood

This charming income property can be described simply as "very good real estate." ONE UNIT IS AVAIABLE FOR AN OWNER / USER. Built in 1936 and loaded with old world charm, this character triplex is located in one of the best rental markets not only in Los Angeles but in all of Southern California. Buildings like this are rarely available for sale making this a real opportunity to acquire in a neighborhood with a high barrier to entrance. Please don't let this opportunity pass you by. As an owner/user, this property makes sense as compared to SFR pricing in the immediate neighborhood. This triplex contains one - 1-bedroom+1-bath above the garage and two - 2-bedoom+1.25 bath (townhouse style) units. The townhouse units each have multiple entrances, a California basement, individual private patio and their own separate laundry area. Located in an area with a very diverse employment base with thousands of jobs in technology, entertainment, law, education, finance, public sector and government. The area is incredibly walkable with access to shops, boutiques and restaurants along Westwood/Santa Monica & Wilshire Boulevards. It is within close proximity to major freeways (the 10 & the 405) and is minutes by car to Beverly Hills and Westwood office buildings, UCLA, Brentwood, Santa Monica and Century City. It is also close to operational subway stations planed for Century City and along Wilshire Boulevard. Long term owner selling "As-Is" and intends to enter into a 1031 tax deferred exchange. Please do not walk on property or disturb tenants.

Contact:

Lee & Associates

Property Subtype:

Apartment

Date on Market:

2025-10-13

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More details for 5314 S Broadway, Los Angeles, CA - Retail for Sale

5314 S Broadway

Los Angeles, CA 90037

  • Investment Property
  • Retail for Sale
  • $1,365,606 CAD
  • 7,500 SF
  • Air Conditioning

Los Angeles Retail for Sale - Mid-Cities

Maher Commercial Realty is proud to present 5314 S. Broadway, the property features two vacant ground-floor retail storefronts at approximately 2,000 Sq.Ft.* each (one is built-out for a restaurant), two 5 Bed/1 Bath residential units on the second floor at approximately 1,750 Sq.Ft.* each, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval. The site offers approximately 7,500 square feet* of improvements on a 5,617 square-foot lot (per title). The two upstairs residential units are 5 bedroom, 1 bathroom each. All unit sizes and layouts are approximate and provided for reference purposes only. Buyer is responsible for completing their own due diligence and verifying all information. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset. At an asking price of $990,000, the property is offered at an exceptionally low ±$132 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 12.7%. Situated along South Broadway, one of South Los Angeles’ most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It’s just minutes from the 110 Freeway, 1.5 miles from Exposition Park, and 2.5 miles from USC, offering convenient access to major Los Angeles destinations. This property represents a compelling repositioning opportunity ideal for investors seeking strong returns or for owner-users looking to establish a business while benefiting from long-term appreciation in a rapidly improving submarket.

Contact:

Maher Commercial Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-10-13

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More details for 1220 W 27th St, Los Angeles, CA - Multifamily for Sale

1220 W 27th St

Los Angeles, CA 90007

  • Investment Property
  • Multifamily for Sale
  • $5,234,823 CAD
  • 5,108 SF

Los Angeles Multifamily for Sale - Koreatown

The Davis Saadian Group is pleased to present a premier student housing investment opportunity at 1220 W. 27th Street, located just steps from the University of Southern California (USC). Positioned north of campus in the highly desirable DPS Patrol Zone, this asset offers unmatched security, convenience, and demand from USC’s growing student population. The property consists of a two-story wood-frame and stucco building on a raised foundation, with 5,108 SF of living space on a 6,346 SF lot. Extensively updated and remodeled in 2024, the building showcases brand-new hardwood floors, quartz countertops, stainless steel kitchen appliances, in-unit washer/dryers, double-pane windows, copper plumbing, and an upgraded electrical panel. The roof is in excellent condition, providing long-term stability and minimal deferred maintenance for new ownership. Currently configured as 16 bedrooms, the property is fully leased to USC students and generates a strong gross income of $23,233/month. Each unit is individually metered for gas and electricity, reducing operating expenses and maximizing efficiency. A major value-add component exists through the property’s expansive lot size, which allows for the construction of two (2) additional ADUs, each 5-bedroom + 4-bathroom. Upon completion, these units would significantly increase rental income potential, boosting projected gross income to approximately $32,500/month and delivering an excellent yield in one of the most competitive rental markets in Los Angeles. With its prime location, modern upgrades, and clear pathway for value creation, 1220 W. 27th Street offers investors a rare opportunity to secure a turnkey, cash-flowing asset in one of the nation’s most sought-after student housing markets. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services. Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspections and/or with appropriate professionals. Buyer bears all risk for any inaccuracies.

Contact:

Davis Saadian Group

Property Subtype:

Dormitory

Date on Market:

2025-10-13

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More details for 5444 Colfax Ave, Valley Village, CA - Multifamily for Sale

Colfax Terrace - 5444 Colfax Ave

Valley Village, CA 91601

  • Investment Property
  • Multifamily for Sale
  • $2,138,070 CAD
  • 3,787 SF
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More details for 155 Townsend St, Cedarville, CA - Multifamily for Sale

Bonner House - 155 Townsend St

Cedarville, CA 96104

  • Investment Property
  • Multifamily for Sale
  • $806,949 CAD
  • 3,340 SF
  • Air Conditioning
  • Sprinkler System
  • Private Bathroom
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Cedarville Multifamily for Sale

"Bonner House" in Cedarville, CA, refers to the legacy of John H. Bonner, a key founder who, with William T. Cressler, established the first mercantile in Modoc County, the original 1865 log trading post, and later the iconic Cressler and Bonner Building (1883-84) on Main Street, a major landmark that housed their stores and the county's first bank, solidifying their role in developing Surplus trade. This is a beautiful Victorian home that has been legally converted to four individual apartments with their own meter, private entrances and each one fully contained. The original home had 8 bedrooms and 5 bathrooms. It still does, as each apartment contains some of each of those. 2/2, 2/1, 1/1, and 3/1. Total of 3340 Square feet. ALL UNITS WERE UPDATED IN 2021. There are three carriage houses (garages) all with electricity and one laundry room with two washers and two dryers. There are two septic tanks and both were pumped and inspected this year, 2025. All sit on just shy of 1 acre in a hugely historic town of Cedarville with the Warner Mountains at its back. There is Geothermal land here as well. We have Modoc County Fairgrounds here in town, Grocery Store, Hospital, Hardware Store, a few restaurants, number of retail stores and more! This home/apartment building is within walking distance of all these things. The Burning Man attendees travel through our town each year to attend this event in Gerlach Nevada. We are nine miles from the Nevada Border, Lakeview, Oregon is approximately 60 miles from our town, Klamath Falls, Oregon, approximately 125 miles from our town, Redding, CA approximately 165 miles from us and Reno, Nevada 199 miles from us. This town has massive history! Home was an Airbnb for approximately 2.5 years and did very well. Currently, 3 apartments are rented to medical personnel and my husband and I live in the other. Great opportunity for On-site owner or investor that wants historic building that will give steady income! NOTE: OWNER IS LISTING AGENT/REALTOR, offering 3% to selling side.

Contact:

High Grade Realty

Property Subtype:

Apartment

Date on Market:

2025-10-10

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More details for 180 Holly Ave, Carpinteria, CA - Multifamily for Sale

Rare Offering | Value-Add | Beachside - 180 Holly Ave

Carpinteria, CA 93013

  • Investment Property
  • Multifamily for Sale
  • $12,345,630 CAD
  • 17,228 SF
  • Kitchen
  • Pool

Carpinteria Multifamily for Sale - S Santa Barbara Coastal

180 Holly Avenue is a 19-unit garden-style multifamily community located in Carpinteria, one of the most supply-constrained and desirable coastal submarkets along the Santa Barbara South Coast. This marks the property’s first offering in nearly 40 years, an exceptionally rare opportunity to acquire a well-maintained coastal apartment asset in an irreplaceable infill location where multifamily turnover is extremely limited and barriers to entry remain high. The property features an attractive two-story design centered around a landscaped courtyard and pool on a half-acre parcel. Units average approximately 900 square feet and include a mix of one- and two-bedroom layouts, many with private patios or balconies that take advantage of abundant natural light, mountain views, and open-air living. Two units will be delivered fully furnished at closing, offering flexibility for a buyer to operate them as short-term rentals or premium long-term offerings. Three apartments, plus the on-site manager’s unit, will be delivered vacant, allowing an investor to immediately reposition to market rents and realize approximately 18% rental upside through natural turnover and light renovation. In addition, laundry and storage income are not currently reflected in the financials, offering further incremental potential. Select units qualify for rent increases that will add approximately $500 per month ($6,000 annually). The seller will implement these adjustments during escrow, allowing the buyer to close with the higher income in place. This translates to roughly $60,000–$75,000 in added value based on the pro forma GRM and supports stronger loan proceeds through increased NOI. Beyond rental growth, the property’s PRD20 zoning and lot size support ADU feasibility, subject to local Coastal Zone review. The City of Carpinteria has adopted ADU ordinances consistent with California state law, providing a potential long-term avenue for incremental unit yield or flexible use. Located just half a block from Carpinteria State Beach, known as “The World’s Safest Beach,” the property is within walking distance of parks, trails, and downtown Linden Avenue’s boutique shops and upscale restaurants. Residents enjoy proximity to the Amtrak station, regional job centers in Santa Barbara and Ventura, and the oceanfront neighborhoods of Sandyland Cove and Padaro Lane, home to multimillion-dollar estates. With its resort-style character, low-vacancy submarket, and multiple paths for income growth and enhancement, 180 Holly Avenue offers investors a rare blend of stability, value-add potential, and long-term appreciation in one of California’s most tightly held coastal markets. Modest improvements — such as cosmetic upgrades, refreshed paint, and light modernization- could further enhance the property’s aesthetic and performance, positioning it as a standout multifamily asset in Carpinteria’s enduring rental market.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-10-09

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More details for 5554 Casitas Pass Rd, Carpinteria, CA - Land for Sale

5554 Casitas Pass Rd

Carpinteria, CA 93013

  • Investment Property
  • Land for Sale
  • $12,276,660 CAD
  • 12.20 AC Lot

Carpinteria Land for Sale - S Santa Barbara Coastal

Nestled on just over 12 acres in one of Carpinteria’s most exclusive and peaceful areas, this exceptional property offers a rare combination of licensed commercial infrastructure, steady income, and agricultural potential—all surrounded by breathtaking mountain views. The property features an impressive 18,000-square-foot industrial warehouse currently leased and generating $540,000 annually in rental income. The facility holds multiple active licenses, including processing, distribution, transportation, mixed-use, and nursery, offering tremendous versatility for agricultural and cannabis-related operations. Complementing the warehouse is a massive 330,000-square-foot nursery greenhouse, ideal for large-scale cultivation, propagation, or conversion back to a flower and herb nursery—reflecting the property’s original agricultural roots. Adding to its value, the property also includes a duplex residence, each unit offering three bedrooms, currently leased and providing additional income or potential on-site staff accommodations. For those seeking a different path, the 12-acre parcel is zoned for agriculture and surrounded by established avocado farms. With multiple water sources and existing infrastructure, this property offers remarkable flexibility—whether you continue its profitable operations or reimagine it into a traditional nursery or boutique ranch estate. Tucked away in a quiet, scenic setting just minutes from downtown Carpinteria and 20 minutes from Santa Barbara, this is a one-of-a-kind opportunity to own a high-performing, multi-use property that seamlessly blends income, lifestyle, and natural beauty.

Contact:

KW Commercial

Property Subtype:

Agricultural

Date on Market:

2025-10-08

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More details for 11570 Bryant st, Yucaipa, CA - Multifamily for Sale

11570 Bryant st

Yucaipa, CA 92399

  • Investment Property
  • Multifamily for Sale
  • $689,699 CAD
  • 12,900 SF

Yucaipa Multifamily for Sale - Redlands/Loma Linda

SGV+ Multifamily of Compass Commercial, is proud to offer 11570-11600 Bryant Street the (Property"), a Residential Development Opportunity to Build 8 Total Units, in the City of Yucaipa. The property at 11570-11600 Bryant St, Yucaipa, CA 92399 is a development opportunity with a price of $799,000. The site is a ±1.03-acre lot that has been subdivided into four (4) individual lots. The project includes the construction of four two-story single-family residences (SFR) with detached two-car garages and four one-story detached Accessory Dwelling Units (ADUs). The project has been designed for a SFR and detached ADU on each lot, totaling 8 income producing units with the capability of exiting via individual sale. The total gross building square footage is approximately ±12,900 square feet. The development project plans include four SFR units, each with four bedrooms and 3.5 bathrooms, and four detached ADUs, each with two bedrooms and one bathroom. The proposed main houses are estimated at ±2,476 square feet and the ADU's are estimated at approximately ±749 square feet. There will be a total of eight residential structures. The project is designed by Gerardo Design & Associates, Inc. AGS Construction & Restoration is the current contractor. The project's status is "RTI" (Ready to Issue) for lots 1 through 3, while lot 4 is currently under construction. The city of Yucaipa is a rapidly growing market, offering a unique blend of old-town charm and modern amenities. The city provides a myriad of retail options, excellent schools, and a variety of employers, with a median household income of $115,968.

Contact:

COMPASS

Property Subtype:

Apartment

Date on Market:

2025-10-08

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More details for 1035 N Sierra Bonita Ave, West Hollywood, CA - Multifamily for Sale

Heart of West Hollywood Apartment Complex - 1035 N Sierra Bonita Ave

West Hollywood, CA 90046

  • Investment Property
  • Multifamily for Sale
  • $4,345,110 CAD
  • 6,984 SF
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More details for 4421 Wall St, Los Angeles, CA - Multifamily for Sale

FHA Eligible Triplex @ $720,000 | 6.3% CAP - 4421 Wall St

Los Angeles, CA 90011

  • Investment Property
  • Multifamily for Sale
  • $993,168 CAD
  • 2,324 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Los Angeles Multifamily for Sale - Mid-Cities

4421 Wall Street is a well-maintained triplex that blends modern upgrades with flexible ownership potential. Located minutes from Downtown Los Angeles, USC, the Coliseum, and LA Live, the property offers tenants a central address with convenient access to major job centers, schools, and transportation routes. Proximity to the 10 and 110 Freeways, along with nearby transit options, enhances connectivity across the city. The unit mix attracts a broad renter base, including a vacant, fully renovated 1-bedroom, 1-bath unit that is ideal for an owner-user pursuing FHA financing or for immediate lease-up at market rent. Interiors showcase updated kitchens with quartz countertops, stainless-steel appliances, wood-laminate flooring, and refreshed bathrooms with new vanities and finishes. The second 1-bdrm. unit is home to a Section 8 tenant paying $1,441 monthly. Finally, a renovated 2-bdrm unit achieves $2,195 monthly. Recent building upgrades include a new electrical panel, upgraded wiring, tankless water heaters, and mini-split air conditioning in all units. A motorized driveway gate secures approx. four surface parking spaces on a repaved driveway, while tenants cover all utilities directly (electric, gas, and trash), with water reimbursed through a RUBS program. 4421 Wall Street presents investors and owner-users with the opportunity to acquire a stabilized, upgraded triplex with FHA financing eligibility, modernized systems, and clear pathways for income growth through strategic lease-up and long-term repositioning.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2025-10-07

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More details for 1115 14th St, Santa Monica, CA - Multifamily for Sale

Newly Renovated & Amazing Assumable Financing - 1115 14th St

Santa Monica, CA 90403

  • Investment Property
  • Multifamily for Sale
  • $28,484,610 CAD
  • 34,281 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Controlled Access

Santa Monica Multifamily for Sale

Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica’s coveted “North of Wilshire” neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property’s crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the Santa Monica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces—well above local standards— including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California’s most supply-constrained and desirable rental markets.

Contact:

RE/MAX Commercial & Investment Realty

Property Subtype:

Apartment

Date on Market:

2025-10-07

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More details for 1129-1135 W 10th St, San Pedro, CA - Multifamily for Sale

1129-1135 W 10th St

San Pedro, CA 90731

  • Investment Property
  • Multifamily for Sale
  • $3,027,783 CAD
  • 6,910 SF
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More details for 684 W 23rd St, San Pedro, CA - Multifamily for Sale

684 W 23rd - 684 W 23rd St

San Pedro, CA 90731

  • Investment Property
  • Multifamily for Sale
  • $1,579,413 CAD
  • 3,266 SF
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More details for 161-166 W Juniper St, Oxnard, CA - Multifamily for Sale

Juniper Apartments - 161-166 W Juniper St

Oxnard, CA 93033

  • Investment Property
  • Multifamily for Sale
  • $8,621,250 CAD
  • 22,300 SF
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