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

Investment Properties for Sale in California, USA

More details for 14715-14719 Chadron Ave, Gardena, CA - Multifamily for Sale

Chadron Twins - 14715-14719 Chadron Ave

Gardena, CA 90249

  • Investment Property
  • Multifamily for Sale
  • $11,222,344 CAD
  • 20,480 SF
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More details for 190 S Craig Ave, Pasadena, CA - Multifamily for Sale

190 S Craig Ave

Pasadena, CA 91107

  • Investment Property
  • Multifamily for Sale
  • $2,063,238 CAD
  • 1,734 SF
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More details for 4630 13th Ave, Sacramento, CA - Multifamily for Sale

Duplex Huge Rent Value Add! - 4630 13th Ave

Sacramento, CA 95820

  • Investment Property
  • Multifamily for Sale
  • $592,484 CAD
  • 1,620 SF
  • Air Conditioning
  • Kitchen
  • Smoke Detector

Sacramento Multifamily for Sale - South Sacramento

Value-Add Duplex with Immediate Cash Flow Upside Here's an outstanding opportunity for investors looking to create equity through rental growth rather than expensive renovations. This centrally located Oak Park duplex features two spacious 2-bedroom, 1-bath units with tenants currently paying just $1,350 per month per unit, despite current market rents averaging approximately $2,037 per month. With a current Gross Rent Multiplier of just 13.11 and an exceptional pro forma GRM of only 8.69 at market rents, this property offers one of the strongest value-add opportunities in today's Sacramento investment market. The current tenants have not received a rent increase in over one year, allowing a new owner the opportunity to implement the maximum allowable rent adjustment immediately after closing while remaining compliant with applicable regulations. The property could benefit from cosmetic improvements, but the major value lies in its substantial rental upside rather than expensive rehabilitation. Investors can choose to improve units over time while increasing cash flow, creating significant long-term appreciation and income potential. Whether you're looking for your next BRRRR-style investment, a long-term cash flow property, or an asset with immediate upside potential, this duplex delivers plenty of "meat on the bone" for the next owner. Directions From Highway 99, exit 14th Avenue and head east. Continue to 46th Street and turn left. Then turn right onto 13th Avenue. The property will be at 4640 13th Ave.

Contact:

Ron Benning

Property Subtype:

Apartment

Date on Market:

2026-06-30

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More details for 331 E Washington Ave, Escondido, CA - Multifamily for Sale

The Downtown Escondido Apartments - 331 E Washington Ave

Escondido, CA 92025

  • Investment Property
  • Multifamily for Sale
  • $5,086,998 CAD
  • 7,920 SF
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More details for 644 N Normandie Ave, Los Angeles, CA - Multifamily for Sale

644 N Normandie Ave

Los Angeles, CA 90004

  • Investment Property
  • Multifamily for Sale
  • $7,667,440 CAD
  • 11,500 SF
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More details for 20542 Hartland St, Winnetka, CA - Multifamily for Sale

20542 Hartland St

Winnetka, CA 91306

  • Investment Property
  • Multifamily for Sale
  • $2,042,327 CAD
  • 5,855 SF
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More details for 315 N 5th St, San Jose, CA - Multifamily for Sale

315 N 5th St

San Jose, CA 95112

  • Investment Property
  • Multifamily for Sale
  • $1,603,192 CAD
  • 1,332 SF
  • Private Bathroom
  • Kitchen

San Jose Multifamily for Sale - Downtown San Jose

This Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of five units, including one one-bedroom unit and four studios. As of June 23, 2026, three of the studio units are vacant, and the eviction process has been started on one unit. Buyers should verify current occupancy status with the listing broker. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. The occupied units are generally in average to below-average condition and would also benefit from updates. Based on current market conditions, renovated studio units may achieve rents consistent with comparable properties in the area. Prospective buyers should conduct their own analysis regarding renovation costs and projected rental income. The property contains approximately 1,332 square feet of building area situated on a 6,900 square foot lot. Constructed in 1898, the building features wood-frame construction with wood siding and a concrete perimeter foundation. The site is zoned R-M (Multiple Residence District). While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made to the building. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner. Plumbing consists primarily of galvanized piping. The property also requires repairs from termites and other wood-damage, the cost of which should be independently evaluated by prospective purchasers. Additional potential may exist through the reconfiguration or expansion of existing space. The building includes a large unfinished attic area that may offer future development possibilities, including expansion of the existing one-bedroom unit located below. A staircase currently provides access between the unit and attic space. The property also contains a substantial basement area with multiple storage rooms. The property includes an on-site washer and dryer for tenant use. The rear parking area is an open concrete surface that accommodates approximately six vehicles and may offer potential for an accessory dwelling unit (ADU) or other improvements, subject to City approval. Buyers should independently verify all development potential, zoning requirements, and permitted uses with the City of San Jose. As with residential properties in San Jose containing three or more units constructed prior to 1979, the property is subject to the City of San Jose Apartment Rent Ordinance. Based on information currently available, the property is not listed in the San Jose Historic Resources Inventory as a City Landmark, Candidate City Landmark, or Structure of Merit; however, buyers should independently verify all historic status and regulatory matters. The property is located within Downtown San Jose and provides convenient access to major employment centers, public transportation, retail services, restaurants, entertainment venues, and ongoing redevelopment activity throughout the urban core. The combination of vacancy, renovation potential, and possible future development opportunities may be attractive to investors seeking a repositioning project in a central Silicon Valley location.

Contact:

Silicon Valley Multifamily Group

Property Subtype:

Apartment

Date on Market:

2026-06-29

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More details for 2120 Williams St, Palo Alto, CA - Multifamily for Sale

2120 Williams St

Palo Alto, CA 94306

  • Investment Property
  • Multifamily for Sale
  • $2,648,752 CAD
  • 840 SF
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More details for 4463 Bellflower Ave, North Hollywood, CA - Land for Sale

4463 Bellflower Ave

North Hollywood, CA 91602

  • Investment Property
  • Land for Sale
  • $1,394,079 CAD
  • 0.12 AC Lot
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More details for 1815 Woodland Ave, East Palo Alto, CA - Multifamily for Sale

1815 Woodland Ave

East Palo Alto, CA 94303

  • Investment Property
  • Multifamily for Sale
  • $1,477,725 CAD
  • 2,073 SF
  • Kitchen
  • Smoke Detector

East Palo Alto Multifamily for Sale - Menlo Park

1815 and 1817 Woodland Avenue present a rare opportunity to acquire a well-maintained duplex in a prime East Palo Alto location. The property sits on a generous ±5,900 square foot lot, offering a total of two spacious two-bedroom, one-bath units. Every unit enjoys the convenience of direct access to a private garage with full-size washer and dryer hookups, a feature that adds both value and tenant appeal. The buildings have been thoughtfully maintained, with newer roofs, updated windows, and a solid physical condition that ensures long-term performance. The units are enhanced with private yards, providing tenants with coveted outdoor living space, while the rear units offer the potential to create additional private yards by converting the current storage and parking areas. This flexibility allows for both increased tenant satisfaction and future income potential. With its combination of functional layouts, individual garages, and the opportunity for further outdoor amenities, the properties are well positioned to meet the demands of today’s rental market. Located west of Highway 101, the properties benefit from an unbeatable central location adjacent to Palo Alto. Just minutes away are world class employers, including Meta, Stanford University, and Stanford Hospital, making this an ideal housing choice for professionals seeking both convenience and community. In addition, shopping, dining, and everyday amenities are nearby, providing tenants with a highly desirable balance of work and lifestyle access. This duplex at 1815 and 1817 Woodland Avenue represent a strong investment in one of the most supply-constrained rental markets in the Bay Area. With their combination of updated features, private garages, potential for outdoor enhancements, and a location central to Silicon Valley’s economic and educational hubs, they offer both immediate stability and long-term growth. For investors, this is an opportunity to secure a portfolio-quality asset in a neighborhood poised for continued demand.

Contact:

Compass Commercial

Property Subtype:

Multi Family

Date on Market:

2026-06-29

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More details for 10109-10133 Old Redwood Hwy, Windsor, CA - Multifamily for Sale

10109-10133 Old Redwood Hwy

Windsor, CA 95492

  • Investment Property
  • Multifamily for Sale
  • $4,321,648 CAD
  • 9,698 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Windsor Multifamily for Sale - Healdsburg/Cloverdale/N.

Exclusively listed by John Garrett | (415) 652-8431 | john.garrett@marcusmillichap.com Located at 10117 & 10125 Old Redwood Highway in Windsor, this multifamily investment opportunity offers a compelling combination of in-place income, value-add upside, and significant future development potential. Situated on two adjacent parcels just one mile from the vibrant Windsor Town Green, the property features an existing 12-unit apartment community alongside a vacant parcel with the potential to accommodate up to 24 additional units in a mixed-use development, creating a unique opportunity to scale an investment in one of Sonoma County’s most desirable rental markets. The existing residential improvements consist of a townhouse building with (4) two-bedroom, one-bath townhomes and (2) three-bedroom, one-bath townhomes, a duplex with (2) two-bedroom, one-bath units, and (4) detached cottage-style residences offering two bedrooms and one bathroom each. Each townhome unit has a private front deck and an assigned storage closet. The duplex and detached cottages are all single-story with private fenced yards. The duplex and detached cottages include in-unit laundry, a highly desired amenity that increases rental value and tenant retention. The property benefits from 28 existing surface parking spaces and an expansive central landscaped courtyard shaded by mature trees, creating a neighborhood-like feel. Ownership has already completed electrical service upgrades for all units, providing an important infrastructure improvement that is required in today's insurance environment. Current rents are approximately 12% below market rents in as-is condition providing a low-lift scenario to increase cashflow simply through annual rent increases in compliance with CA AB1482. Investors have the opportunity to unlock substantial additional value through strategic interior and exterior improvements. Renovating unit interiors, modernizing finishes, and enhancing the landscaping and outdoor common areas present a clear path toward increasing rental income and elevating the overall quality of the asset. In addition, there may be the opportunity to further increase density through the development of ADU units on the improved parcel, subject to buyer investigation and local approvals. The adjacent vacant parcel represents a significant long-term value driver with the potential for a mixed-use development to include up to 24 additional residential units. This creates the rare opportunity to combine stable existing cash flow with future ground-up development potential within the same investment. Windsor continues to attract residents seeking a high quality of life, strong community amenities, and proximity to major employment centers throughout Sonoma County. The property’s location near the Windsor Town Green places tenants within minutes of popular restaurants, tasting rooms, boutique retail, seasonal farmers markets, and community events that have made Windsor one of the North Bay’s most desirable communities. Residents also benefit from nearby parks, excellent schools, and convenient access to Highway 101, providing connectivity to Santa Rosa, Healdsburg, and the broader Bay Area. Opportunities that combine current income, renovation upside, and meaningful future development potential in an established Sonoma County location are very difficult to find. 10117 & 10125 Old Redwood Highway offers investors the ability to execute on multiple value-creation strategies within a single asset.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-06-29

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More details for 529 N San Gabriel Ave, Azusa, CA - Multifamily for Sale

529 N San Gabriel Ave

Azusa, CA 91702

  • Investment Property
  • Multifamily for Sale
  • $2,404,788 CAD
  • 5,344 SF

Azusa Multifamily for Sale - Eastern SGV

This 5-unit multifamily asset at 529 N San Gabriel Avenue offers an outstanding opportunity to acquire an income-generating apartment property in the growing San Gabriel Valley market. The property spans 5,344 square feet on a 0.24-acre lot and consists entirely of spacious two-bedroom, two-bathroom units, all outfitted with copper plumbing and laundry hookups. Units also include central air, adding comfort and modern functionality for residents, while multiple ADU options present additional value potential for future income growth. Residents benefit from proximity to essential retail, dining establishments, and transit corridors, including nearby Foothill Boulevard and easy access to I-210, ensuring strong connectivity throughout the region. Azusa’s revitalization initiatives and transit-oriented focus further signal continued rental demand and appreciation upside within this submarket. Currently generating an effective gross income of approximately $101,850 annually and featuring a 100% occupancy rate, this stabilized investment provides immediate cash flow with room to optimize through enhancements and strategic repositioning to match prevailing market rents. Offered at $1,825,000 with a cap rate of 2.80%, this property serves as a secure foothold for investors seeking a low-vacancy, value-driven multifamily asset within the dynamic San Gabriel Valley region.

Contact:

Coldwell Banker Commercial Realty

Property Subtype:

Apartment

Date on Market:

2026-06-29

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More details for 109 Hobart Ave, San Mateo, CA - Multifamily for Sale

Stunning Baywood-Aragon (Duplex) - 109 Hobart Ave

San Mateo, CA 94402

  • Investment Property
  • Multifamily for Sale
  • $3,624,608 CAD
  • 3,686 SF

San Mateo Multifamily for Sale

109–111 Hobart Ave presents an exceptional duplex investment opportunity in the highly desirable city of San Mateo, California. Situated on an 8,752-square-foot parcel, the property was originally built in 1948 and offers 3,686 square feet of living space with two well-designed three-bedroom units. Each unit is separately metered for utilities, providing flexibility for investors seeking a traditional multifamily asset or an owner-user opportunity. The property also features two attached garages, a private patio, and a spacious backyard. Ideally located between San Francisco and San Jose, San Mateo is a thriving community known for its strong economy, vibrant downtown, premier retail destinations, and excellent quality of life. The property is less than one mile from Downtown San Mateo and Central Park, offering convenient access to an array of shopping, dining, and entertainment options. Residents also benefit from excellent connectivity via U.S. Highway 101, State Route 92, El Camino Real, and the San Mateo Caltrain Station, providing easy access throughout the Peninsula and Silicon Valley's leading employers, including Google, Meta, Stanford, Box, Visa, Sony, and many others. Supported by San Mateo's strong employment base, low vacancy rates, and continued rental demand, 109–111 Hobart Ave represents a compelling investment opportunity in one of the Bay Area's most sought-after rental markets.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-06-29

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More details for 724 E 32nd St, Los Angeles, CA - Multifamily for Sale

724 E 32nd St - 724 E 32nd St

Los Angeles, CA 90011

  • Investment Property
  • Multifamily for Sale
  • $1,045,560 CAD
  • 2,976 SF
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More details for 1825 Redesdale Ave, Los Angeles, CA - Multifamily for Sale

1825 Redesdale Ave

Los Angeles, CA 90026

  • Investment Property
  • Multifamily for Sale
  • $4,593,494 CAD
  • 3,347 SF
  • Air Conditioning

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

Commanding a privileged position among Silver Lake's storied rolling hills since 1925, this fully vacant Spanish triplex is among the pedigree of only the elite few, an enduring testament to the neighborhood's rich heritage and timeless appeal. Extensively renovated in 2022, the property embraces its architectural heritage and the sophistication of today's design and daily living needs. Crowning this exceptional trophy property is the expansive 3-bedroom / 2-bath owner's residence, where sweeping vistas stretch from the Silver Lake Reservoir to the glittering skyline of Downtown Los Angeles. Glistening with natural light and grounded by solid White Oak flooring and a chef's kitchen with Carrara marble, the upper unit evokes the serenity of a secluded treehouse retreat, surrounded by lush greenery and framed by captivating views at every turn. The middle 2-bedroom/2-bath unit and the lower 1-bedroom/1-bath unit echo the same elevated aesthetic, each appointed with sophisticated finishes and a cohesive design language that speaks to both style and functionality. Cradled amongst the hillsides with a street-to-street lot, the property unfolds across a series of enchanting outdoor environments, including a serene outdoor dining space that creates the feeling of being worlds away from the city. offering a rare sense of escape and tranquility. Period-correct outdoor lighting and mature landscaping, set amid cascading walkways, make one feel truly special. Recent renovations include all-new HVAC, electrical, plumbing, roof & sewer line work, providing peace of mind for a new steward. Just moments from the iconic Silver Lake Reservoir and the neighborhood's best collection of dining, shopping and more, this extraordinary compound offers the increasingly elusive opportunity to possess a piece of Los Angeles history without compromising on modern comfort, design, or lifestyle. Whether seeking multigenerational living quarters, supplemental rental income, or a long-term investment, this private villa compound offers remarkable versatility.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2026-06-26

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More details for 8016 S Western Ave, Los Angeles, CA - Multifamily for Sale

Min Bid $399k - Value Add Triplex - South LA - 8016 S Western Ave

Los Angeles, CA 90047

  • Investment Property
  • Multifamily for Sale
  • $556,238 CAD
  • 2,760 SF
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More details for 3435 Carson Rd, Camino, CA - Land for Sale

Carson Court Apple Hill - 3435 Carson Rd

Camino, CA 95709

  • Investment Property
  • Land for Sale
  • $829,478 CAD
  • 2.78 AC Lot

Camino Land for Sale - Outer El Dorado County

Prime Commercial Opportunity in the Heart of Apple Hill Rarely does an opportunity like this come available. Positioned in one of the most sought-after corridors between Sacramento and South Lake Tahoe, this offering includes two legal commercial parcels totaling 2.78 acres in the highly desirable Apple Hill Growers region of Camino. Located just off US Hwy 50 and Carson Road, directly across from the entrance to the prestigious Apple Mountain Golf Resort, this property delivers unmatched visibility, accessibility, and year-round traffic. Property Highlights: * Lot #4 (APN 043-030-004-000) – .68 acres with existing foundation * Lot #30 (APN 043-030-030-000) – 2.10 acres of land * Utilities already in place: water, sewer, and PG&E power on site * Plot map available via MLS or upon request Previously improved with a 3-bedroom, 1-bath home (since removed), the groundwork is set for redevelopment. Even more compelling, the seller has approved plans in place for a 2,868 sq ft wine tasting facility complete with a commercial kitchen, plus a 3,329 sq ft outdoor patio entertainment venue—saving you significant time and development costs. With over 9 million vehicles annually passing through the nearby Hwy 50 corridor (Caltrans AADT), plus an additional 600,000+ Apple Hill visitors each year, this location is ideal for: * Wine tasting room or winery * Restaurant or hospitality concept * Boutique resort or event venue * High-visibility commercial investment

Contact:

Grounded R.E.

Property Subtype:

Commercial

Date on Market:

2026-06-25

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More details for 150 N La Peer Dr, Beverly Hills, CA - Multifamily for Sale

Price reduced $250,000 on 7/29 - 150 N La Peer Dr

Beverly Hills, CA 90211

  • Investment Property
  • Multifamily for Sale
  • $4,529,366 CAD
  • 4,156 SF

Beverly Hills Multifamily for Sale

Rarely does a property of this caliber become available in the coveted Beverly Hills flats. Located north of Wilshire, this stunning Spanish duplex blends timeless architectural character with exceptional pride of ownership. Each spacious unit features 3 bedrooms, 2 bathrooms, and an expansive den, offering elegant and functional living spaces throughout. Distinguished formal entryways welcome you into grand interiors highlighted by rich hardwood floors, soaring ceilings in the upper unit, intricate original details, and thoughtfully designed floor plans. Oversized living rooms with fireplaces flow into formal dining rooms adorned with beautiful tray ceilings, creating an ideal setting for both everyday living and entertaining. Both residences have been meticulously preserved, maintaining their original charm and integrity. Vintage tile kitchens and baths remain in remarkable condition, while the dens showcase stunning stained-glass doors and custom built-in cabinetry. The upper unit presents with the sophistication and style reminiscent of an Architectural Digest showcase. The property also features two double carports, a beautifully landscaped rear yard, and a low-maintenance desert-inspired front landscape. Zoned BHR4 and located within close proximity to the recently remodeled Horace Mann Elementary School, world-class dining, shopping, and all the best Beverly Hills has to offer, this is a truly rare opportunity to own a classic Spanish duplex in one of the city’s most sought-after neighborhoods.

Contact:

KW Commercial Glendale

Property Subtype:

Apartment

Date on Market:

2026-06-25

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More details for 14 Sentinel Ct, San Rafael, CA - Multifamily for Sale

14 Sentinel Ct

San Rafael, CA 94901

  • Investment Property
  • Multifamily for Sale
  • $2,641,782 CAD
  • 4,250 SF
  • Air Conditioning

San Rafael Multifamily for Sale - San Rafael/Larkspur

Steeped in history and rich with architectural grandeur, 14 Sentinel Ct presents a rare opportunity to own an iconic estate with exceptional investment value. The approximately 4,200 sq ft property is comprised of a Victorian triplex plus a newly constructed one-bedroom cottage. All are situated on a stunning 15,000 sq ft lot, ideally positioned on the west side of San Rafael between San Rafael's and San Anselmo's vibrant downtowns. The Victorian triplex has retained timeless period details, while being extensively upgraded to bring the residence into the present. The triplex features a 2,020 square foot, three-bedroom, two-story owner's residence with grand 12 ft ceilings, oversized bay windows, refinished hardwood floors, five chandeliers, a renovated kitchen with marble countertops, a spa-like bath with heated floors and a glass walk-in shower, and in-unit laundry, complemented by a large sun deck and an enchanting garden below. The lower-level boasts an over 1,000 sq ft one bedroom with upgraded kitchen and bath, walk-in closet, abundant storage, dedicated laundry, and a large fenced-in patio with an enchanting elephant fountain. The third unit, also on the lower level, is a charming studio with a full bath and kitchen with gas stove. Completing the property is the custom one-bedroom cottage, built in 2021. The cottage has fir floors, a full kitchen with gas stove, high ceilings and overhead skylights, and in-unit laundry. Attached to the cottage is a storage room for the owner's use. 14 Sentinel Court has a high walkability score and offers easy access to major transportation corridors and bike routes for a dream commute. Whether you're envisioning a premier investment property or flexible live-rent hybrid, you simply won't find this opportunity elsewhere. It's more than just a home... it's a Marin legacy in the making.

Contact:

Holmes Burrell Real Estate

Property Subtype:

Apartment

Date on Market:

2026-06-25

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More details for 345 Cureton Pl, San Jose, CA - Multifamily for Sale

345 Cureton Pl

San Jose, CA 95127

  • Investment Property
  • Multifamily for Sale
  • $1,251,884 CAD
  • 2,280 SF

San Jose Multifamily for Sale - East San Jose-Willow Glen

Open House Sat 6/27 from 11am - 12pm and Mon 6/29 from 12pm-1pm. 345 Cureton Place is a single-family residential home with an attached ADU located in San Jose, CA. The property consists of a main home that is approximately 1,630 square feet and has four bedrooms with two bathrooms and a separate den-like area. Attached to the property is a two-story one-bedroom one-bathroom unit measuring approximately 615 square feet and has a separate entrance at the rear of the property. The property has a shallow enclosed garage at the front of the property that provides ample storage. At the rear of the property is a large covered patio with a small grass area. With Silicon Valley rental demand at record levels — rents up 3.2% year-over-year — this property represents a compelling income-generating opportunity in one of the nation's strongest rental markets. For the owner-occupant, the ADU offers an ideal solution to offset the mortgage with rental income or provide a private, comfortable space for extended family — making this a smart and flexible investment in every scenario. Property is 100% Vacant. Income numbers are proforma. 345 Cureton Place sits in East San Jose's Alum Rock neighborhood, close to the dining and retail of Little Portugal and Little Saigon, Eastridge Mall, and the recreational amenities of Lake Cunningham Regional Park. The property is also well-positioned near the Eastridge to BART Regional Connector project currently under construction, which will link the Alum Rock Light Rail Station to the Eastridge Transit Center, allowing riders to connect directly to BART at the Milpitas Station — a major transit upgrade set to boost the area's long-term appeal. The property's current configuration has not been altered or modified by the current owner during their ownership. Any additions or permits are unknown. Buyer must satisfy themselves with the condition, layout, and permit history.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-06-25

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More details for 39 Units 1989 Construction 6+% Cap Rate – Multifamily for Sale, Reseda, CA

39 Units 1989 Construction 6+% Cap Rate

  • Investment Property
  • Multifamily for Sale
  • $13,452,872 CAD
  • 29,588 SF
  • 2 Multifamily Properties
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More details for 6544 Cherry Ave, Long Beach, CA - Land for Sale

6544 Cherry Ave

Long Beach, CA 90805

  • Investment Property
  • Land for Sale
  • $7,145,318 CAD
  • 1.34 AC Lot
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More details for 245 E Artesia Blvd, Long Beach, CA - Multifamily for Sale

245 E Artesia Blvd

Long Beach, CA 90805

  • Investment Property
  • Multifamily for Sale
  • $2,362,966 CAD
  • 6,437 SF

Long Beach Multifamily for Sale - Mid-Cities

245 E. Artesia Boulevard presents the opportunity to acquire a well-maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. Desirable Unit Mix and Sizable Floorplans The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. Capital Improvements & Ancillary Income The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. Approved ADU Plans - Rental Upside Potential of ±39% A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. Accessible, Convenient Southland Location The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability. Its central Southern California location makes the property attractive to a wide range of renters seeking accessibility, convenience, and larger residential living spaces within the Long Beach market.

Contact:

Stepp Commercial - KWPE

Property Subtype:

Apartment

Date on Market:

2026-06-24

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More details for 10625 Petit Ave, Granada Hills, CA - Multifamily for Sale

Parkside Villa Apartments - 10625 Petit Ave

Granada Hills, CA 91344

  • Investment Property
  • Multifamily for Sale
  • $14,637,840 CAD
  • 39,255 SF
  • Air Conditioning
  • Controlled Access
  • Kitchen

Granada Hills Multifamily for Sale - Western SFV

10625 Petit Avenue presents a rare opportunity to acquire a generational multifamily asset in one of the San Fernando Valley’s most desirable rental markets. Offered for sale for the first time since its original development, the property has remained under the ownership of the original developer’s family for more than five decades and occupies an exceptional site in the heart of Granada Hills. Opportunities to acquire an apartment community of this scale on such a large parcel are increasingly limited, particularly in a neighborhood defined by strong residential fundamentals, limited multifamily inventory, and enduring renter demand. The property offers a compelling combination of immediate value-add potential and long-term development upside. Eight vacant units allow investors to implement a renovation program and capture top-of-market rents, while the oversized 1.25-acre site creates a unique opportunity to explore additional density through ADU development. The existing recreation room may present a conversion opportunity under California housing legislation, including SB 1211, and the substantial excess land area may support additional ground-up ADUs, subject to buyer verification. Importantly, the electrical sub-panels were upgraded in 2025, reducing near-term capital expenditure needs and enhancing the property’s readiness for future improvements. Located in the highly sought-after Granada Hills community, the property benefits from outstanding regional connectivity with convenient access to both the 118 and 405 Freeways, providing direct links to major employment centers throughout the San Fernando Valley and greater Los Angeles. Residents are drawn to the area’s strong quality of life, established residential character, and highly regarded educational offerings, including proximity to Granada Hills Charter High School, one of California’s most recognized public charter schools. The surrounding neighborhood is anchored by major retail destinations such as Balboa Mission Center and Granada Village, offering residents convenient access to a wide range of shopping, dining, and everyday services.

Contact:

Maher Commercial Realty

Property Subtype:

Apartment

Date on Market:

2026-06-22

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