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

Investment Properties for Sale in California, USA

More details for 1411 Manhattan Beach Blvd, Manhattan Beach, CA - Multifamily for Sale

1411 Manhattan Beach Blvd - 1411 Manhattan Beach Blvd

Manhattan Beach, CA 90266

  • Investment Property
  • Multifamily for Sale
  • $3,617,638 CAD
  • 2,409 SF
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More details for 1161 W 37th Dr, Los Angeles, CA - Multifamily for Sale

1161 W 37th Dr

Los Angeles, CA 90007

  • Investment Property
  • Multifamily for Sale
  • $5,018,688 CAD
  • 4,436 SF
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More details for 1333 Bates Ave, Los Angeles, CA - Multifamily for Sale

1333 Bates Ave

Los Angeles, CA 90027

  • Investment Property
  • Multifamily for Sale
  • $3,206,384 CAD
  • 4,736 SF

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

A Rare Opportunity in One of L.A.'s Most Coveted Neighborhoods 1333 Bates Ave is a charming 4-unit residential income property in the heart of Los Feliz — one of Los Angeles' most desirable and tightly held submarkets. Built in 1988, this two-story quadruplex sits on a 6,794 SF lot and delivers a compelling combination of character, location, and upside that is exceedingly difficult to find in the 90027 zip code. The Property Each of the four units features 3 bedrooms and 3 bathrooms, offering spacious floor plans that command strong rents and attract quality, long-term tenants. With 12 total bedrooms and approximately 3,720 SF of gross building area, the property provides generous living spaces throughout. Hardwood-style flooring, large living rooms, and ample closet space lend each unit a warmth and livability that distinguishes this asset from newer commodity construction. The Investment Case What truly sets 1333 Bates Ave apart is its non-rent controlled status — a genuine rarity in the 90027 zip code, where the vast majority of comparable multifamily inventory is subject to the Los Angeles Rent Stabilization Ordinance. As a post-1978 construction building, this property falls outside RSO coverage, giving the next owner full flexibility to set and adjust rents to market upon turnover. Current rents represent meaningful upside, and for an investor seeking a value-add play without RSO constraints, this asset offers a clear and executable path to materially improved cash flow. Location Situated north of Fountain Ave and just south of Sunset, the property places residents steps from the best of Los Feliz and Silver Lake — boutique dining, coffee, and nightlife along Sunset Blvd, Griffith Observatory, Barnsdall Art Park, and Vermont Ave's eclectic retail corridor. The Vermont/Sunset Metro station is under a mile away, with easy access to the 101 and 5 freeways and the employment centers of Hollywood, Downtown, Glendale, and Burbank. One unit can be delivered as vacant if preferred. Highlights 4 units | 3 bed / 3 bath each | ~3,720 SF building | 6,794 SF lot with ADU potential Built 1988 | 2 stories | Non-rent controlled (RSO exempt) Strong rental upside with below-market in-place rents Owner-occupant friendly: live in one, rent the remaining three Walker's Paradise | Strong transit access | Minutes to Griffith Park, Hollywood & DTLA, Children's Hospital

Contact:

Silex Equity

Property Subtype:

Apartment

Date on Market:

2026-06-10

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More details for 4721 Felton St, San Diego, CA - Multifamily for Sale

4721 Felton - 20 Unit Development - 4721 Felton St

San Diego, CA 92116

  • Investment Property
  • Multifamily for Sale
  • $2,223,558 CAD
  • 1,920 SF
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More details for 2217 Tapia Way, Chico, CA - Multifamily for Sale

2217 Tapia Way - 2217 Tapia Way

Chico, CA 95928

  • Investment Property
  • Multifamily for Sale
  • $906,152 CAD
  • 1,657 SF
  • Air Conditioning
  • Sprinkler System
  • Private Bathroom
  • Smoke Detector

Chico Multifamily for Sale

Rare investment opportunity in Meriam Park featuring two homes on one lot with a combined 1,657 square feet and no HOA. This income-producing property offers a highly sought-after combination of a single-story 2-bedroom, 2-bath main residence (1,121 SF) and a detached 1-bedroom, 1-bath ADU (536 SF) privately situated above the garage. The main home features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, a kitchen island with bar seating, built-in desk, spacious primary suite with walk-in closet, attached two-car garage, and low-maintenance outdoor space. The detached ADU offers its own private entrance, separate utility meter, tall ceilings, private balcony, walk-in shower, stainless steel appliances, and stacked washer and dryer. Both units are currently tenant occupied, providing immediate income potential for investors. The separately metered ADU offers flexibility for long-term rental income, multigenerational living, employee housing, or future owner occupancy. Located in the highly desirable Meriam Park master-planned community, residents enjoy convenient access to pickleball courts, dog parks, walking trails, fitness studios, restaurants, coffee shops, neighborhood retail, medical offices, and year-round community events. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a flexible property in one of Chico's most desirable communities, opportunities like this are rarely available. Photos were taken prior to tenant occupancy. Current appearance may vary

Contact:

Century 21 Select Real Estate

Property Subtype:

Apartment

Date on Market:

2026-06-09

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More details for 964 E Jefferson Blvd, Los Angeles, CA - Multifamily for Sale

Ready-to-Issue ED-1 Project w/ 71 Units - 964 E Jefferson Blvd

Los Angeles, CA 90011

  • Investment Property
  • Multifamily for Sale
  • $2,362,966 CAD
  • 80,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen

Los Angeles Multifamily for Sale - Mid-Cities

***$200,000 price reduction on 07/14/26 --- Motivated Seller*** 964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2025-10-13

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More details for 5430-5438 Virginia Ave, Los Angeles, CA - Land for Sale

RTI 65-Unit Apartment Dev | Opportunity Zone - 5430-5438 Virginia Ave

Los Angeles, CA 90029

  • Investment Property
  • Land for Sale
  • $6,203,656 CAD
  • 0.34 AC Lot

Los Angeles Land for Sale - East Hollywood/Silver Lake

Shovel-ready, RTI (Ready-to-Issue) 65-unit apartment development in East Hollywood (90029) - building and grading permits ISSUED December 2025. A permit-ready, ground-up multifamily development site with stamped plans, within a federal Opportunity Zone. Approved for 65 units (31 studios + 34 one-bedrooms), 6 stories, +/-48,525 buildable SF on a combined +/-14,992 SF lot (two parcels: APN 5536-010-009 and 5536-010-010); 14 rec rooms convertible to ADUs (path to 79-81 units). R4-1VL, Tier 3 TOC: 4.5:1 FAR, 67 ft, ZERO parking required (AB 2097). CEQA-exempt (SB 35), by-right, no discretionary hearings. Predominantly market-rate (10% ELI). The site is vacant and cleared - all prior structures have been demolished - leaving a flat, development-ready lot. Walk to the Vermont/Santa Monica Metro B Line; adjacent to the Echelon Studios mega-development. Full plan set and GC budget available. DISCLAIMER: All information is from sources deemed reliable but is NOT guaranteed and has not been independently verified by the broker or seller. The property is offered and sold strictly AS-IS, WHERE-IS, with all faults and without any representation or warranty of any kind, express or implied. Buyer is solely responsible for conducting its own independent due diligence and for verifying ALL information and claims - including entitlements, RTI status, permits, plans, zoning, unit counts, square footages, lot size, soils, environmental conditions, and development potential. Neither broker nor seller guarantees the accuracy or completeness of any information, and buyer assumes all risk.

Contact:

Bessa Properties, Inc

Property Subtype:

Residential

Date on Market:

2026-06-09

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More details for 18506 Kingsdale Ave, Redondo Beach, CA - Multifamily for Sale

Owner/User Investment in Redondo Beach - 18506 Kingsdale Ave

Redondo Beach, CA 90278

  • Investment Property
  • Multifamily for Sale
  • $1,944,742 CAD
  • 2,054 SF
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More details for 6819 Cherry Ave, Long Beach, CA - Land for Sale

Long Beach Multifamily Development - 6819 Cherry Ave

Long Beach, CA 90805

  • Investment Property
  • Land for Sale
  • $3,276,088 CAD
  • 0.51 AC Lot

Long Beach Land for Sale - Mid-Cities

NAI Capital, as exclusive advisors to ownership, is proud to present for development two adjacent parcels located at 6819 Cherry Avenue (0.35 Acres) and 1901 East 68th Street (0.15 Acres). This is an opportunity to develop high density multi-family residential along one of the most rapidly evolving corridors of Long Beach. Comprising of approximately 0.50 Acres total, the L-shaped lot offers direct access from both Cherry Avenue and East 68th Street. Re-zoned in 2024 to RMU4A (Residential Mixed-Use 4, ASeries), 6819 Cherry Ave benefits from the City’s "Zone In" initiative, which was enacted to streamline high-density residential and mixed-use projects to meet housing demands. This site offers a range of development possibilities including multifamily, mixed-use, and senior housing. Utilizing California’s State Density Bonus, the ±22,125 SF lot will allow a developer to achieve approx. 18 to 20 residential units + ground floor commercial (buyer to verify with the city). Located adjacent to Target, Food 4 Less + Fuel, Taco Bell, Wingstop, Subway, and more. Over 20,000+ vehicles travel down Cherry Avenue daily. Close proximity to 91, 710, 105, 605, and 405 Freeways, as well as Long Beach Airport, Downtown Los Angeles, and Orange County. Utilities already in Place. Four-Story Development Height Limit RMU-4A Zone - High Density Development Area Eligible for State Density Bonus and Affordable Housing Programs Located Within a High-Demand Infill Corridor Expansive 0.50 Acre L-Shaped Development Parcel Demographics Support Rental and Senior Housing Demand Over 20,000+ Vehicles Per Day on Cherry Avenue Strategic Access To 91, 710, 105, 605, and 405 Freeways Proximity To Major Hubs Including the Port of Long Beach, Long Beach Airport, Downtown Los Angeles, Orange County

Contact:

NAI Capital

Property Subtype:

Residential

Date on Market:

2026-06-08

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More details for 679 Obispo Ave, Long Beach, CA - Multifamily for Sale

679 Obispo Ave

Long Beach, CA 90814

  • Investment Property
  • Multifamily for Sale
  • $1,882,008 CAD
  • 3,176 SF
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More details for 12221 Peacock Ct, Garden Grove, CA - Multifamily for Sale

Plaza Peacock - 12221 Peacock Ct

Garden Grove, CA 92841

  • Investment Property
  • Multifamily for Sale
  • $4,035,862 CAD
  • 6,018 SF
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More details for 1449 Claremont Way, Sacramento, CA - Multifamily for Sale

1449 Claremont Way

Sacramento, CA 95822

  • Investment Property
  • Multifamily for Sale
  • $1,526,518 CAD
  • 3,361 SF

Sacramento Multifamily for Sale - South Sacramento

Located in the highly desirable South Land Park neighborhood, this well-maintained duplex sitting on a large corner lot presents a rare opportunity for both investors and owner-occupants alike. Live in one unit and rent out the other while offsetting your mortgage, or lease up both units and appreciate a stable rental asset in a highly desirable neighborhood. This duplex at 1449 Claremont & 4730 Monterey Way offers two spacious 2-bedroom units designed with comfort and functionality in mind. Both residences feature abundant natural light, high ceilings, in-unit laundry, private backyard, dedicated garages, and flexible den/office space ideal for remote work or additional living needs. 4730 Monterey Way is currently vacant and immediately available for an owner to occupy or re lease at a suggested market rent of $3,000 per month. This unit consists of 2 bedrooms, 1 full bathroom with shower and jetted tub, 2 half bathrooms, open living room & kitchen, den, and a private backyard with carport and detached garage. 1449 Claremont Way is a 2 bedroom, 2.5 bathroom unit currently leased at $2,600 per month which also features its own private garage, backyard, additional laundry room, and a thoughtfully designed living space with ample storage. With separate amenities for each unit, strong rental appeal, and a prime South Land Park location near William Land Park, neighborhood Sprouts shopping center, local dining, and convenient downtown Sacramento access, this is an exceptional opportunity to acquire a versatile income-producing property in one of Sacramento's most established neighborhoods.

Contact:

Turton Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2026-06-08

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More details for 4205 W 139th St, Hawthorne, CA - Multifamily for Sale

4205 W 139th St

Hawthorne, CA 90250

  • Investment Property
  • Multifamily for Sale
  • $2,648,752 CAD
  • 4,992 SF
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More details for 1222 Corona St, Hermosa Beach, CA - Multifamily for Sale

1222 Corona St

Hermosa Beach, CA 90254

  • Investment Property
  • Multifamily for Sale
  • $3,415,496 CAD
  • 3,200 SF

Hermosa Beach Multifamily for Sale - Beach Cities/Palos Verdes

PRICE REDUCED BY $345,000! Current Income Justifies the Purchase Price — Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $765 per square foot for the existing four income-producing units and just $318 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

Contact:

Weir Group with Marcus and Millichap.

Property Subtype:

Apartment

Date on Market:

2026-06-08

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More details for 9124 S Broadway, Los Angeles, CA - Multifamily for Sale

9124 S Broadway

Los Angeles, CA 90003

  • Investment Property
  • Multifamily for Sale
  • $1,810,910 CAD
  • 5,144 SF
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More details for The Windsor Apartments & Adjacent Land – for Sale, Los Angeles, CA

The Windsor Apartments & Adjacent Land

  • Investment Property
  • Mixed Types for Sale
  • $27,874,630 CAD
  • 4 Properties | Mixed Types

Los Angeles Portfolio of properties for Sale - Koreatown

Kidder Mathews is pleased to exclusively present the opportunity to acquire The Windsor Apartments, an iconic 74-unit multifamily asset with ground-floor retail and three adjacent parcels with development potential, located in the heart of Koreatown, one of Los Angeles’ most dynamic and highly desirable rental markets. Situated at 3198 W 7th Street and 712, 718, and 724 S Catalina Street, The Windsor is comprised of 74 apartment units, ground-floor retail occupied by the renowned Prince Restaurant & Bar, and three adjacent parcels totaling approximately ±21,750 square feet with 74 parking spaces and potential future development opportunities. Buyer to verify. Originally constructed in 1926, The Windsor is an architecturally significant six-story brick building showcasing distinctive 1920s Art Deco character, elegant design details, and timeless curb appeal. The improvements total approximately ±73,458 square feet and are situated on a combined ±38,425-square-foot lot, creating a rare opportunity to acquire both an irreplaceable historic multifamily asset and adjacent land in one of Los Angeles’ most supply-constrained urban submarkets. Held by current ownership since 2012, The Windsor offers investors a compelling value-add opportunity with multiple avenues to increase income and enhance long-term value. The property features a desirable unit mix consisting of 48 studios, 25 one-bedroom/one-bath units, and one large two-bedroom/two-and-a-half-bath penthouse unit. Residents benefit from gated and controlled-access entry, an elegant lobby, a charming courtyard with a fountain and lush landscaping, well-designed units, on-site laundry facilities, and rare on-site parking. While the asset has been well maintained and select units have been upgraded to varying degrees over the years, The Windsor remains an ideal candidate for a strategic renovation and repositioning program. A new investor has the opportunity to increase income through interior unit renovations, common area enhancements, amenity upgrades, implementation of RUBS to charge back utilities, ADU opportunities, and further operational efficiencies. The scale of the asset, combined with the adjacent parcels and embedded rental upside, provides a unique platform for both near-term value creation and long-term appreciation. Adding to the property’s irreplaceable character, the ground-floor retail space is occupied by The Prince, one of Los Angeles’ most iconic restaurants and bars. Opened in the 1940s by legendary restaurateur Ben Dimsdale, The Prince became a popular destination for Hollywood elites during its heyday across from the former Ambassador Hotel and its famed Cocoanut Grove. The restaurant’s preserved Old Hollywood interiors, including red leather booths, a horseshoe-shaped bar, stained-glass paneling, and vintage red-and-gold wallpaper, have made it a beloved Los Angeles institution. Over the decades, The Prince has served as the backdrop for numerous films and television shows, including Mad Men, Chinatown, and New Girl, further enhancing the property’s cultural significance and appeal. The Windsor is ideally located in the heart of Koreatown, one of Los Angeles’ most vibrant, walkable, and amenity-rich neighborhoods. The property is situated just one block from Wilshire Boulevard and is surrounded by acclaimed restaurants, nightlife, entertainment venues, cultural landmarks, hotels, bars, and neighborhood-serving retail. The asset also benefits from close proximity to the Wilshire/Vermont and Wilshire/Normandie Metro stations, providing excellent transit connectivity to Downtown Los Angeles, Hollywood, Westlake, Mid-Wilshire, and other major employment centers throughout the city. The Windsor represents a rare opportunity to acquire an architecturally significant, legacy Koreatown asset with substantial scale, rare on-site parking, adjacent parcels with development potential, iconic ground-floor retail, and meaningful value-add upside in one of Los Angeles’ most active and high-demand rental markets.

Contact:

Kidder Mathews

Property Subtype:

Mixed Types

Date on Market:

2026-06-08

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More details for 734-740 S 46th St, San Diego, CA - Multifamily for Sale

734-740 S 46th St

San Diego, CA 92113

  • Investment Property
  • Multifamily for Sale
  • $2,160,824 CAD
  • 3,310 SF
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More details for 622 S Pacific Coast Hwy, Redondo Beach, CA - Multifamily for Sale

622 S Pacific Coast Hwy

Redondo Beach, CA 90277

  • Investment Property
  • Multifamily for Sale
  • $2,439,640 CAD
  • 2,420 SF
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More details for 29867 N 1st St, Barstow, CA - Multifamily for Sale

12.28% CAP RATE ON ACTUAL INCOME!!! - 29867 N 1st St

Barstow, CA 92311

  • Investment Property
  • Multifamily for Sale
  • $766,744 CAD
  • 5,000 SF

Barstow Multifamily for Sale - Mojave River Valley

These are very nice units in the growing city of Barstow. Barstow is located 30 miles north of Victorville in the Upper Desert. Barstow's future growth is estimated to double in the near future due to Barstow being the center of the Barstow International Gateway project. This plan includes a 5,000 acre rail & logistics hub led by BNSF Railway. This identified "BIG" facility is designed to streamline freight movement and position Barstow as a regional economic powerhouse. This includes a 9 MILLION SQUARE FOOT WAREHOUSE EMPLOYING 15,000+ NEW JOBS!! Please see details in documents attached. These units are located just north of Route 66 and central Barstow. Public & school bus stops are located in front of these units. Skyline Elementary is minutes walking distance away. The Walmart Superstore is just minutes away for shopping convenience. These units are just across the street from the San Bernardino County Welfare & Social Security offices, making it easy for tenants to get their checks! This complex consists of 7 units that includes front and rear buildings. The front building is a freestanding house, consisting of 3 bedrooms & 1 bath. The rear building contains six units, consisting of 1 bedroom's & 1 bath's each, side by side to each other. As you can see in the pictures, all units have tile flooring, wall heating, and window air conditioning. All units are separately metered with gas & electric which tenants sign up and pay for. Landlord's only operating expenses are water and trash. The income and expenses are located in the MARKET PACKAGE ATTACHED. THIS COMPLEX REALLY PERFORMS!!! At actual rents, we're putting out $84,780 annual gross income, a 6.31 Gross Rent Multiplier, a 12.28% Cap Rate, and a 27.52% Cash on Cash Return. Please note that after remodeling, the seller has intentionally left four units vacant to allow the buyer to bring in market rents and avoid rent control. For estimated rents for the vacant units, I used nearby RENT COMPS that are located in the MARKETING PACKAGE ATTACHED. At market rents, we're putting out $102,720 annual gross income, a 5.21 Gross Rent Multiplier, an unheard of 16.51% Cap Rate, and an eye opening 44.45% Cash on Cash Return!!! YOU CAN SEE THE DETAILS OF THIS IN THE MARKETING PACKAGE ATTACHED. Finally, please note that this offering IS LOCATED ON 3.7 ACRES. SO THERE'S HUGE ROOM TO ADD ON A LOT OF UNITS!!!!!

Contact:

Burton Apartment Realtors

Property Subtype:

Apartment

Date on Market:

2026-06-05

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More details for 14715 Burbank Blvd, Van Nuys, CA - Land for Sale

14715 Burbank Blvd

Van Nuys, CA 91411

  • Investment Property
  • Land for Sale
  • $4,318,860 CAD
  • 0.40 AC Lot

Van Nuys Land for Sale - Eastern SFV

Offering: First Capital Investment Realty is exclusively offering 14715 W. Burbank Boulevard at $3,098,000 ($34,044/unit). The sale includes the underlying land, all entitlements, and the complete set of approved architectural and structural plans. Property: A fully entitled, ready-to-issue (RTI) development site approved for a 91-unit, six-story senior affordable housing community (55+) totaling 57,401 SF of residential building area on a 17,553 SF double lot with mid-block frontage on Burbank Boulevard. The approved program consists of 88 one-bedroom, 2 two-bedroom, and 1 studio unit, with one 2-BD reserved as the on-site manager's residence. Construction type is Type I-A concrete podium with Type III-A above on floors 2 through 6, rising to 65 feet, with at-grade ventilated parking (16 stalls, including 3 EVCS and 4 EV-Ready), an interior landscaped courtyard, ground-floor lobby and service spaces, and roof-level community amenities. Entitlements: Zoned [Q] R3-1 with Density Bonus entitlements at 4.07 FAR. The Density Bonus was secured by incorporating the adjoining alley right-of-way into the development envelope. ED 1 streamlining, density-bonus concessions, and all required City of Los Angeles approvals are in place. Green Building Code approved August 28, 2025. RTI status eliminates an estimated 24-36 months of typical predevelopment timeline and approximately $400K to $700K of soft cost exposure for new ownership. Affordability: 100% income-restricted to seniors aged 55+ under a 55-year affordability covenant, with rents layered across Extremely Low (30% AMI), Very Low (50% AMI), Low (60% AMI), and Moderate (110% AMI) tiers per LAHD Schedule VI and CTCAC Schedule IX. Annual gross potential rent at delivery is approximately $1,869,108. Location: Mid-block on Burbank Boulevard, 0.7 miles to the I-405 / Sepulveda Pass and 1.2 miles to the Metro Orange (G) Line at Van Nuys Station. Within the Sepulveda Transit Corridor catchment area (LPA approved January 2026). Walk Score 87. Walking distance to Kaiser Permanente Panorama City, Valley Presbyterian Hospital, Costco, Trader Joe's, Ralphs, and the Sherman Oaks Galleria. Buyer Profile: Suited to developers and capital partners prepared to assemble a development capital stack and execute against the approved plans. Prospective buyers should independently evaluate eligibility under CTCAC (federal and state Low-Income Housing Tax Credits), Strategic Growth Council AHSC, and LAHD Homes for L.A. ULA NOFA programs. Process: Offers reviewed on a rolling basis. Tours available by appointment. Full Offering Memorandum, architectural plans, LAHD finalized rent table, and supporting due diligence materials provided upon execution of a confidentiality agreement.

Contact:

First Capital Investment Realty

Property Subtype:

Residential

Date on Market:

2026-06-05

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More details for 315 25th St, Richmond, CA - Multifamily for Sale

21-Unit Investment with 9.56% Cap Rate - 315 25th St

Richmond, CA 94804

  • Investment Property
  • Multifamily for Sale
  • $3,973,128 CAD
  • 14,418 SF
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More details for 13816 Scenic Crest Way, Desert Hot Springs, CA - Land for Sale

Scenic Crest Villas - 13816 Scenic Crest Way

Desert Hot Springs, CA 92240

  • Investment Property
  • Land for Sale
  • $209,112 CAD
  • 9,148 AC Lot
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More details for 1231 Devon Ave, Los Angeles, CA - Multifamily for Sale

1231 Devon Ave

Los Angeles, CA 90024

  • Investment Property
  • Multifamily for Sale
  • $2,439,640 CAD
  • 3,064 SF

Los Angeles Multifamily for Sale - Westwood

Positioned in the heart of Westwood, 1231 Devon Ave presents a rare opportunity to acquire a premier Westside asset with immediate cash flow and substantial value-add potential. The property consists of three spacious units totaling 3,195 SF, with an attractive unit mix of two 2-bedroom units and one 1-bedroom unit. The real story here is the ADU upside. Ownership has identified the potential to add three additional units consisting of two 1+1 ADUs and one 2+2 ADU (buyer to verify), creating a unique opportunity to significantly increase rental income and overall property value in one of the most desirable rental markets in Los Angeles. Just minutes from UCLA, this property is also an ideal opportunity for parents with a son or daughter attending the university. Why pay rent when you can own a cash-flowing Westwood triplex, provide housing for your student, and benefit from one of the strongest rental markets in Southern California? Located near UCLA, Century City, Beverly Hills, and Westwood Village, the property benefits from exceptional tenant demand and long-term appreciation potential. Whether you’re looking for stable income today or a value-add opportunity with substantial upside through future ADU development, 1231 Devon Ave offers both. Opportunities to acquire a corner-lot Westwood property with this combination of location, income, and ADU potential are exceptionally rare.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-21

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