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

Investment Properties for Sale in California, USA

More details for 11700 S Normandie Ave, Los Angeles, CA - Multifamily for Sale

Normandie - 11700 S Normandie Ave

Los Angeles, CA 90044

  • Investment Property
  • Multifamily for Sale
  • $2,000,130 CAD
  • 3,648 SF
  • Air Conditioning

Los Angeles Multifamily for Sale - Hawthorne/Gardena

6-unit multifamily investment located at 11700 South Normandie Avenue in the 90044 zip code of Los Angeles. The 3,648 square foot subject property sits on a 8,112 square foot lot and with close proximity to the 105 Freeway as well as multiple educational institutions such as Los Angeles Southwest College, Saint Frances X Cabrini Catholic School, and West Athens Elementary, making it a perfect living place for tenants with children, or those continuing their higher education. The subject property has a very attractive unit mix of all 2 Bedroom / 1 Bathroom units and is currently 100% occupied. Five of the six units are being occupied by Section 8 tenants, providing a new investor stable and secure income. The subject property sits in one of LAs Qualified Opportunity Zones, which enables the new investor the opportunity to forego all capital gains taxes on the exit after ample renovation and a 10-year hold. Another way a savvy investor could add significant value would be to utilize the new ADU program that was rolled out state-wide at the beginning of 2020. The program would allow the addition of two, 2 Bedroom / 2 Bathroom units which would generate roughly $50,000 of extra rental income every year and add approx $600,000 of property value. This new program is being utilized all over the city as it has offered investors an easy road map to increase income.

Contact:

KW Commercial

Property Subtype:

Apartment

Date on Market:

2025-07-29

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More details for 1520 Willow St, Alameda, CA - Multifamily for Sale

Alameda Triplex and Duplex 6% CAP rate - 1520 Willow St

Alameda, CA 94501

  • Investment Property
  • Multifamily for Sale
  • $2,607,066 CAD
  • 4,252 SF
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More details for 11448 Cumpston St, North Hollywood, CA - Land for Sale

Develop up to 60 Units near NoHo Metro - 11448 Cumpston St

North Hollywood, CA 91601

  • Investment Property
  • Land for Sale
  • $4,821,003 CAD
  • 0.31 AC Lot
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More details for 1640 N Harvard Blvd, Los Angeles, CA - Multifamily for Sale

$500K Reduction | $233K PPU | 61% Upside - 1640 N Harvard Blvd

Los Angeles, CA 90027

  • Investment Property
  • Multifamily for Sale
  • $4,827,900 CAD
  • 15,736 SF

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

***$500,000 price reduction*** Tucked between East Hollywood and the heart of Los Feliz, 1640 N. Harvard offers an opportunity to reposition a character-rich, courtyard-style property near several of Northeast LA's hottest lifestyle and employment hubs. Just steps from Hollywood Boulevard and within a short walk to the Red Line station at Hollywood Boulevard and Western Avenue, this location provides exceptional transit connectivity and access to one of LA's most vibrant entertainment corridors. Tenants will appreciate convenient access to Los Feliz icons like Hillhurst Avenue's Maru Coffee, Found Oyster, and Alcove Café, the trailheads of Griffith Park, and the cultural energy of Vermont Avenue, Barnsdall Art Park, and the Greek Theatre. The property is also under 2 miles from Sunset Junction in Silver Lake and just minutes from the Hollywood Media District, a significant employment hub for entertainment, post-production, and creative tech. Set on a 14,140 SF lot, the property features a classic garden-style layout with mature landscaping, gated entry, community laundry, and ample covered carport parking. Offered at $233,333 per unit and $317 per foot, the property represents a rare combination of affordability and long-term upside. Current rents are significantly below market, with a projected 61% rental upside through interior renovations and system upgrades. Stabilized metrics pencil at a 8.20% CAP and 9.20 GRM. Additional opportunity exists in the site's underutilized lot size, which may support ADU development (buyer to verify). Investors with a long-term lens will see the location, lot size, and configuration as an ideal canvas for repositioning in a neighborhood where lifestyle is the greatest amenity, enhanced by direct transit access and proximity to Hollywood's entertainment epicenter.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2025-07-25

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More details for 2125 Puerto del Mundo, Fallbrook, CA - Land for Sale

2125 Puerto del Mundo

Fallbrook, CA 92028

  • Investment Property
  • Land for Sale
  • $1,542,169 CAD
  • 22.68 AC Lot

Fallbrook Land for Sale - Outlying SD County N

VIEWS + INCOME POTENTIAL + POSSIBLE MULTIPLE LOT SPLIT! Optional 15% down - Ag financing through Rural 1st upon approval!! Perched atop 22.68 acres of 1200 producing Hass avocado trees, this charming 1BR/1BA 908 SQFT cottage offers panoramic mountain and grove views from every window. Built looking over the Pala Mesa Resort's Golf Course, down the street from Estate D'lacobeli Winery and Pala Mesa Resort and within the gorgeous Pala Mesa Community, this property is a definite find. Built in 2006, the home features a full kitchen, spacious living/dining area, spa-style bath, dual-sided fireplace, and a stunning wraparound deck rebuilt in 2022. Bonus: an unfinished basement with plumbing and electrical—perfect for expanding or creating rental income. Property ALSO includes an additional buildable pad ideal for an ADU, workshop, or garage. Gated entry, underground PVC irrigation, 2” ag water meter, and recent upgrades (2024-2025 appliances, tankless water heater). Land may qualify for a future lot split, currently Zoned AG A70 with 2 acre parcel minimum!! -Property has multiple entrance points(three access points off Puerto del Mundo and one Easement from bottom off Tecalote and Green street). Endless options: STR, custom estate, boutique farm, or multi-home potential just minutes from town. There is also the ability for the buyers to drill a WELL if buyer decides to do so after purchase. GROVE PRODUCTION UPON REQUEST

Contact:

Capitis Real Estate

Property Subtype:

Agricultural

Date on Market:

2025-07-25

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More details for 40728 Village Dr, Big Bear Lake, CA - Retail for Sale

40728 Village Dr

Big Bear Lake, CA 92315

  • Investment Property
  • Retail for Sale
  • $1,929,781 CAD
  • 3,774 SF
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More details for 4225-4227 Whittier St, San Diego, CA - Multifamily for Sale

4225-4227 Whittier St

San Diego, CA 92107

  • Investment Property
  • Multifamily for Sale
  • $1,655,280 CAD
  • 1,330 SF
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More details for 3226-3232 Adams Ave, San Diego, CA - Multifamily for Sale

3226-3232 Adams Ave

San Diego, CA 92116

  • Investment Property
  • Multifamily for Sale
  • $3,862,320 CAD
  • 3,750 SF

San Diego Multifamily for Sale - Uptown East

Pleased to present 3226-32 Adams Avenue located in San Diego, California. Originally built in 1938, the 8-unit apartment complex is located in the highly desirable neighborhood of Normal Heights and boasts a Walk Score of 94. The complex rests on a 0.15 acres lot and features approximately 3,750 rentable square feet. The unit mix consists of (2) one-bedroom / one-bathroom unit and (6) one-bedroom / one-bathroom cottage units. Units feature refurbished hardwood flooring and cottage-style layouts with no shared walls. Current ownership has diligently maintained the property and recently added new roofs to the back building and two of the cottages. The main electrical panel, wiring and gas meters were also upgraded within the last 5 years. Several units have also been retrofitted with dual pane vinyl windows. Attractive tenant offerings include a quaint communal courtyard, secure gated entry, and unbeatable walkability to nearby retail. Parking is offered with (5) attached single-car garages that also create potential for an investor to add ADUs. With ample possibility for renovation, the property presents a strong value-add opportunity for an investor looking to extensively renovate the units to bring current rents to market and maximize overall cash flow. Irreplaceably located on Adams Avenue in central Normal Heights, the property is nestled among all the best attractions the neighborhood has to offer and enjoys easy access to the 15 and 805 freeways. The booming neighborhood of North Park is only a few blocks west and gives tenants even more dining and retail options. 3226-32 Adams Avenue ultimately presents investors the once-in-a-generation opportunity to acquire a well-maintained, value-add apartment complex with significant rental upside and ADU potential, with the 15 freeway simplifying commutes.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-24

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More details for 6438 E Olympic Blvd, East Los Angeles, CA - Multifamily for Sale

6 Single-Story Units (2 Triplexes) East LA - 6438 E Olympic Blvd

East Los Angeles, CA 90022

  • Investment Property
  • Multifamily for Sale
  • $1,786,323 CAD
  • 3,190 SF

East Los Angeles Multifamily for Sale - Southeast Los Angeles

First Time on the Market in 51 Years! Pride-of-ownership 6-unit apartment offering in East Los Angeles, just 2 blocks from Montebello. This rare opportunity features two side-by-side single-story triplexes, each on its own parcel, being sold together. Situated on a combined 9,674 SF lot zoned LCR3YY, the property offers ADU development potential and a classic garden-style setting with secured entry and garage parking for all units. Each of the six 1-bed, 1-bath units are spacious and well-maintained, with many recent upgrades, including updated electrical systems. Family-owned and operated for over five decades, the property is located in a highly desirable East L.A. neighborhood that is "Very Walkable" (Walk Score: 77) and qualifies for residential financing. Tenants enjoy easy access to the Citadel Outlets, Chroni's Famous Hot Dogs, East LA College and the 5, 60, and 710 freeways. **Explore the property and neighborhood vibe in our video tour! (Check Out The Link)** Please Note: Property is Subject to the Unincorporated Los Angeles County Rent Control. This listing is Offered as a 6-unit sale, totaling 3,564 SF of building space, on a double lot. Please Note: All six (6) units are tenant-occupied. Do not disturb occupants. Please do not walk on the property or engage with tenants regarding the sale. Direct all inquiries to the listing agent. This offering includes two parcels situated side-by-side, being sold together: 6434 E Olympic Blvd | APN: 6351-027-009 | 3 Units and 6438 E Olympic Blvd | APN: 6351-027-010 | 3 Units. For more information and to receive a full marketing package (including rent roll and income/expense breakdown), please contact agent. ( All Units Are Occupied - Units Will NOT Be Delivered Vacant )

Contact:

RE/MAX Commercial & Investment Realty

Property Subtype:

Apartment

Date on Market:

2025-07-23

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More details for 2626 E Anaheim St, Long Beach, CA - Multifamily for Sale

6 Units+Plans 5 ADUs 5.6% Cap Upside to 9.4% - 2626 E Anaheim St

Long Beach, CA 90804

  • Investment Property
  • Multifamily for Sale
  • $2,207,040 CAD
  • 4,361 SF
  • Kitchen
  • Smoke Detector
  • Wheelchair Accessible

Long Beach Multifamily for Sale - Long Beach: Downtown

Huge 200k Price Reduction! Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5.6% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 9.4% Cap Rate, 8 GRM, and only 195k/unit after taking into account all the construction costs (~546k assuming $200/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom | One-Bathroom residential units plus (2) well-established commercial tenants (mini-market & flower-shop) both of which have been at this location for many years and have expressed interest for continued tenancy for years to come. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Large lot with 7 parking spaces in the back with future development & ADU potential. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and brand-new windows in each unit. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets and modern countertops. The bathrooms boast new vanities and modern fixtures along with sleek bathtubs. Located in the heart of the vibrant Zaferia Design District, this well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, eclectic restaurants, bars, boutiques, galleries, and more. Located just minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Contact:

Kara Commercial

Property Subtype:

Apartment

Date on Market:

2025-07-23

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More details for 1225 S Normandie Ave, Los Angeles, CA - Multifamily for Sale

Koreatown Triplex - Pico & Normandie - 1225 S Normandie Ave

Los Angeles, CA 90006

  • Investment Property
  • Multifamily for Sale
  • $1,515,961 CAD
  • 2,239 SF
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More details for 2216-18 Dunlop st, San Diego, CA - Multifamily for Sale

Single Story Duplex - 2216-18 Dunlop st

San Diego, CA 92111

  • Investment Property
  • Multifamily for Sale
  • $1,378,021 CAD
  • 1,248 SF
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More details for 2524 S Sepulveda Blvd, Los Angeles, CA - Multifamily for Sale

2524 S Sepulveda Blvd

Los Angeles, CA 90064

  • Investment Property
  • Multifamily for Sale
  • $4,483,050 CAD
  • 8,745 SF
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More details for 5879 Crenshaw Blvd, Los Angeles, CA - Land for Sale

Crenshaw Metro Development - 5879 Crenshaw Blvd

Los Angeles, CA 90043

  • Investment Property
  • Land for Sale
  • $3,172,620 CAD
  • 0.19 AC Lot

Los Angeles Land for Sale - Inglewood/South LA

Located at 5879 Crenshaw Blvd, Los Angeles 90043, the site sits on an approx. 8,418 SF lot zoned LAC2-2D-SP. The property is conveniently situated on the heavily trafficked, major North-South artery of Crenshaw Blvd, surrounded by neighboring essential retail and directly adjacent to Metro Line - Hyde Park Station. Listed for sale at $2,300,000, with a price per buildable unit of approximately $60,526. After completing our development analysis, we believe the development will feature 38 units with TOC tier 4 or even more units with 100% affordable. The property falls under several strategic zoning designations: LAC2- 2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hubzone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is just one block from the K Line station at Crenshaw and Slauson. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop. This property is part of the transformative developments along the Crenshaw Boulevard corridor, which have been spurred by the arrival of the K Line. It joins other affordable housing projects in the area, such as the Depot at Hyde Park and Hope on Hyde Park apartments. Currently, the site has a small vacant church and vacant duplex, both are ready for demo. This offering presents a unique redevelopment opportunity for investors seeking a feasible project in one of South L.A.’s strongest rental pocket. Buyer to verify all information.

Contact:

Total Realty Group

Property Subtype:

Commercial

Date on Market:

2025-07-22

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More details for 2200 Village Ct, Belmont, CA - Multifamily for Sale

$57,000+/Mon Passive Income-Best Belmont Apt - 2200 Village Ct

Belmont, CA 94002

  • Investment Property
  • Multifamily for Sale
  • $14,000,910 CAD
  • 24,785 SF

Belmont Multifamily for Sale - Belmont/San Carlos

How Would you Like to Generate $57,000+/Month in Passive, Headache-Free Rental Income? Why Buy a House w/ Limited Income and a Low Return (Maybe 2%) when you can Enjoy a 4.11%+ Return by Owning an Appreciable Real Asset in an A-Location w/ Excellent Schools? OR Better Yet, Sell Your Highly-Appreciated Single Family Home w/ Only 1-Income and Buy a 23-Unit, Fully-Occupied w/ Excellent Tenants with Durable Income? One of the VERY BEST Apartment Properties in the Peninsula. Easy to Rent and Manage. Walk to Carlmont Village. Rarely Available 23-Unit Asset in Highly Desirable Area. Iconic, One-of-a-Kind Generational Property w/ Panoramic Views. Coupon-Clipper, Easy to Manage w/ Excellent Tenants and Stable Cashflow. Excellent Public Schools (K to 12) Offer Rental Pricing Advantage. Walk to Carlmont High School. (14) LARGE 1 BR/1 BA Units (+/- 644 to 736 SF) and (9) SPACIOUS 2 BR/1 BA Units (+/- 875 to 883 SF). All 23 Units Feature Dishwashers, w/ Potential to Add In-Unit Washer/Dryers. 41 Covered Carport Parking Spaces, Storage for Tenants and Top-to-Bottom Elevator Access. Convert +/- 2,565 SF of Enclosed Carport (14 Carports w/ 9' Ceilings) to (5) 1 BR/1 BA or Studio ADU's. 5 ADU's: Achieve $11,250/Month (or $135,000/Yr) in Additional Gross Rental Income. Over $500,000 Cap. Ex. Invested: Dual-Pane Windows, Roof, Copper Plumbing, 800 AMP Square D Panel. Walk Score: 80, With Walkability to Carlmont Village. Quick Access to Freeways 280 and 101. In-Place CAP Rate: 4.11% / Pro-Forma CAP Rate: 5.0%. In-Place GRM: 15 / Pro-Forma GRM: 13.3. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-07-22

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More details for Norco Dr, Norco, CA - Land for Sale

±44.8 Acres of Vacant Land - Norco Dr

Norco, CA 92860

  • Investment Property
  • Land for Sale
  • $5,069,295 CAD
  • 44.80 AC Lot

Norco Land for Sale - Corona/Eastvale

Marcus & Millichap is pleased to offer for sale the ± 44.8 acre development site located on Norco Drive between Norconian Drive and Hamner Avenue in the city of Norco, CA. Located in central Norco, this site on the south side of Norco Drive just two blocks to the west of the I-15 freeway. The site is composed of three individual parcels, which are as follows: Parcel 1 (APN #130-240-021): Parcel 1 fronts Norco Drive (±535’ of frontage) and wraps around Beacon Hill Church. This parcel is approximately 7.20 acres in size and is zoned CG – Commercial General. This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre. Parcel 2 (APN #130-240-022): Parcel 2 is basically the larger part of Beacon Hill and has quite a bit of steep topography. This parcel is approximately 25.36 acres in size and is zoned CG – Commercial General. There are two cell phone towers located on this parcel that are both owned by third parties. Parcel 3 (APN #130-240-023): Parcel 3 fronts Norconian Drive (±1,087’ of frontage) at the western edge of the property. This parcel is approximately 12.23 acres in size and is zoned A-1-20 (Agriculture Low Density Residential 20,000 SF lots). This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre. Housing Development Overlay: The Housing Development Overlay (HDO) Zone is intended to facilitate and encourage the development of affordable housing within the city of Norco. According to the HDO, residential development may include the development of single-family homes, multifamily homes, condominiums, townhomes, courtyard housing and other similar forms of housing and shall be developed at a density of 20 to 30 dwelling units per acre.

Contact:

Marcus & Millichap

Property Subtype:

Residential

Date on Market:

2025-07-21

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More details for 575 Myrtle St, Half Moon Bay, CA - Multifamily for Sale

575 Myrtle Triplex - 575 Myrtle St

Half Moon Bay, CA 94019

  • Investment Property
  • Multifamily for Sale
  • $2,066,341 CAD
  • 3,745 SF
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More details for 6019 Gotham St, Bell Gardens, CA - Multifamily for Sale

Turn Key 4Bed House + 5 2Bedroom Units - 6019 Gotham St

Bell Gardens, CA 90201

  • Investment Property
  • Multifamily for Sale
  • $2,896,740 CAD
  • 5,538 SF
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More details for 132 Union Pl, Los Angeles, CA - Land for Sale

132 Union Pl - 132 Union Pl

Los Angeles, CA 90026

  • Investment Property
  • Land for Sale
  • $1,379,400 CAD
  • 0.19 AC Lot
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More details for 4905 W Adams Blvd, Los Angeles, CA - Multifamily for Sale

West Adams Studio Apartments - 4905 W Adams Blvd

Los Angeles, CA 90016

  • Investment Property
  • Multifamily for Sale
  • $7,310,819 CAD
  • 19,807 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Los Angeles Multifamily for Sale - Culver City

Marcus & Millichap is pleased to present 4905 West Adams Boulevard, a thirty-six-unit multifamily investment opportunity located in the heart of the rapidly evolving West Adams neighborhood of Los Angeles. This stabilized asset offers an investor immediate cash flow in a high rental demand submarket, with an attractive unit mix of micro-units that cater to tenants seeking affordable and efficient housing. With strong in-place income, a historically low vacancy rate, and excellent long-term fundamentals, the property presents a compelling opportunity for both yield-focused and growth-oriented investors. Originally constructed in 1964, the property consists of thirty-four bachelor units, one two-bedroom/one-bathroom unit, and one one-bedroom/one-bathroom unit. The property is master-metered for all utilities and features a central water heating system. Residents benefit from secure, gated access and twenty-three covered parking spaces. In addition to its core income-generating features, 4905 West Adams offers significant development potential. Current ownership has completed preliminary schematic plans to add twenty ADUs under the existing ADU ordinances—comprising six studios, twelve one-bedroom units, and two two-bedroom units—providing a clear path to dramatically increase the unit count and income. The property is also in compliance with Los Angeles’ seismic retrofit requirements; the soft-story permit has been issued, and the retrofit must be completed by April 30, 2028. Furthermore, a permit has been approved to install built-in cooktops in all units, offering an immediate opportunity to enhance desirability and rental value. Situated just two blocks from the nearest on- and off-ramps to the I-10 Freeway, the property provides excellent regional access to Downtown Los Angeles, Culver City, USC, and the Westside. West Adams has become one of LA’s most dynamic and gentrifying submarkets, with new multifamily and retail developments continuing to reshape the urban landscape. With high rental demand and a shortage of affordable housing options, 4905 West Adams is ideally positioned to deliver both near-term and long-term returns. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).

Contact:

The SK Group of Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-17

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More details for 2410 N Eastern Ave, Los Angeles, CA - Multifamily for Sale

3-unit Value-add El Sereno, Seller Motivated - 2410 N Eastern Ave

Los Angeles, CA 90032

  • Investment Property
  • Multifamily for Sale
  • $958,683 CAD
  • 1,868 SF

Los Angeles Multifamily for Sale - Glendale

PRICE STATED is only for 2410 N Eastern (not including 2408 N Eastern and the 1.82acre Residential development lots behind it). Buyer can purchase each property individually or together as a portfolio. Growth Investment Group California is proud to offer 2408 N Eastern, 2410 N Eastern, and a ±1.82ACRE Residential development lots (5 parcels behind it) for sale. Each property can be purchased individually or together as a packaged deal. These properties have been in the same family for more than 11 years and this is the first time they have been offered for sale. The properties are strategically located in El Sereno, bordering Alhambra and a short distance to Downtown Los Angeles. The properties are strategically located at the border of Alhambra, and adjacent to Hillside Village neighborhood. The location is only several blocks away from Valley Blvd, El Sereno Park & Recreation Center, Ascot Hills Park, and only minutes to Cal State University Los Angeles. The properties enjoy close proximity to Downtown Los Angeles area via Huntington Drive or FWY 10 which is only minutes away. It has good demographics with $101,398 AHH Income within a 1-mile radius. 2408 and 2410 N Eastern are 2 side by side Triplex (3 unit) with identical layout and unit mix. Each building has 3 x 1bedroom+1bathroom unit and has about 1,868 SF living space and sit on a 7,243 SF lot. Both properties were built in 1947 and each building has a center courtyard area. Each unit is averaging about 625 sf. Each unit has a functional layout, smooth ceiling, individual water heater, and some units have laundry hookups. Each unit is separately metered for electricity and gas. Some units have updated bathrooms (tiled bathroom). One unit is currently in eviction process (2410-A) and the new owner can take over the file and continue the process. Each building has its own driveway providing easy access to the garage area. The electrical panel for each unit has been upgraded (buyer to verify). Seller has 2 garage spaces as storage that can be easily rented out by final buyers. The 5 residential lots are located right behind the 2 triplexes. It offers a rare and prime opportunity for developers to acquire an infill large development site in a mature area. It has a total of 1.82ACRE (79353 SF) lot size with RD5-1D zoning; gently sloping lot. There is an access street from a quiet and cul-de-sac street (THELMA AVE – use 2357 or 2358 Thelma Ave in Google map). Seller has initial architect drawing to build a 15 units master plan Single Family Residential – drawings will be included in the sale. The Sales comparable for older homes in the immediate El Sereno area with small lots (older houses with less than 6000SF lot size) in the past 12 months shows a range of sales price between $800,000 to $1,500,000. The 5 lots are priced to sell at only $12/SF lot. Upon completion of the project, each finished SFR could be worth $1.5million (buyer to verify). LOCATION AMENITIES AND ACCESS Properties are strategically and centrally located on Eastern Ave, several blocks north of Valley Blvd in Alhambra, and several blocks south of Huntington Drive. It enjoys a quiet atmosphere yet close to Alhambra, El Sereno Park and Recreation Center, Ascot Hills Park, and just minutes away from Cal State University Los Angeles. Commuting to Downtown Los Angeles is a breeze with easy access to FWY 10. El Sereno, nestled in Northeast Los Angeles, is a vibrant, historic neighborhood known for its rich cultural diversity and strong sense of community. One of the oldest areas in the city, dating back to 1769, it was once home to the Tongva village of Otsungna and later became a hub for Mexican-American and Italian-American families after restrictive covenants were lifted in 1948. The neighborhood offers a dense suburban feel with a mix of modest single-family homes and small apartment buildings, many built between 1940 and 1969, set against scenic hillsides with stunning views of the San Gabriel Mountains and Downtown LA. El Sereno is cherished for its serene, family-friendly atmosphere, with residents praising its quiet streets, tree-lined neighborhoods, and proximity to nature. Ascot Hills Park and Elephant Hill provide hiking trails and panoramic city views, while the El Sereno Recreation Center and Arroyo Playground offer spaces for sports and community gatherings. The area is well-connected, with easy access to Downtown LA (just 10-20 minutes away), Highland Park, Alhambra, and South Pasadena via freeways or surface streets. Local gems like Elephant Hills Coffee and the weekly night market with trendy eateries add to its charm, blending long-standing businesses with new developments.

Contact:

Growth Investment Group California

Property Subtype:

Apartment

Date on Market:

2025-07-17

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More details for 13226 Vanowen St, North Hollywood, CA - Multifamily for Sale

8 Units in NoHo with ADU Potential - 13226 Vanowen St

North Hollywood, CA 91605

  • Investment Property
  • Multifamily for Sale
  • $3,448,500 CAD
  • 4,794 SF
  • Air Conditioning

North Hollywood Multifamily for Sale

Located at 13226 Vanowen St, North Hollywood, CA 91605, this 8-unit multifamily investment presents an exceptional value-add opportunity in one of Los Angeles’ most dynamic and transit-connected neighborhoods. The property is listed at a 5.06% Cap Rate (pro-forma 3 vacancies), with immediate upside through the conversion of four existing garages into three ADUs, projecting a 6.63% Cap Rate post-construction with a 7.58% pre-tax cash flow. The 3 vacancies are ready for lease-up. Recent capital improvements further enhance the property’s appeal and operational stability. Upgrades include new electrical panels and breakers, fresh landscaping, iron fencing and gates, exterior paint, modern lighting, and a security camera system. Additionally, the property has completed its seismic retrofit. The layout allows for the retention of 10 parking spaces even after the addition of ADUs, and there may be space to add 8 more parking spots along the side of the property, further increasing convenience for tenants. Strategically located in North Hollywood, the property benefits from proximity to the NoHo Arts District—a thriving cultural hub home to over 20 theaters, art galleries, and dance studios—and is less than a mile from the North Hollywood Metro Station, which is undergoing a $1 billion transformation through the District NoHo development. This 16-acre transit-oriented project will bring nearly 1,500 new housing units, 450,000 sq ft of office space, retail, and green public areas, injecting long-term growth into the submarket. With a 71 Walk Score, tenants enjoy the ability to walk to nearby shops, restaurants, entertainment, and transit. Contact us today to request the OM or schedule a private tour. **Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com** *Disclaimer: The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

Contact:

Kelly Morgan Multifamily Group

Property Subtype:

Apartment

Date on Market:

2025-07-17

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More details for 2408 N Eastern Ave, Los Angeles, CA - Multifamily for Sale

3-unit Value-add El Sereno, Seller Motivated - 2408 N Eastern Ave

Los Angeles, CA 90032

  • Investment Property
  • Multifamily for Sale
  • $958,683 CAD
  • 1,868 SF

Los Angeles Multifamily for Sale - Glendale

PRICE STATED is only for 2408 N Eastern (not including 2410 N Eastern and the 1.82acre Residential development lots behind it). Buyer can purchase each property individually or together as a portfolio. Growth Investment Group California is proud to offer 2408 N Eastern, 2410 N Eastern, and a ±1.82ACRE Residential development lots (5 parcels behind it) for sale. Each property can be purchased individually or together as a packaged deal. These properties have been in the same family for more than 11 years and this is the first time they have been offered for sale. The properties are strategically located in El Sereno, bordering Alhambra and a short distance to Downtown Los Angeles. The properties are strategically located at the border of Alhambra, and adjacent to Hillside Village neighborhood. The location is only several blocks away from Valley Blvd, El Sereno Park & Recreation Center, Ascot Hills Park, and only minutes to Cal State University Los Angeles. The properties enjoy close proximity to Downtown Los Angeles area via Huntington Drive or FWY 10 which is only minutes away. It has good demographics with $101,398 AHH Income within a 1-mile radius. 2408 and 2410 N Eastern are 2 side by side Triplex (3 unit) with identical layout and unit mix. Each building has 3 x 1bedroom+1bathroom unit and has about 1,868 SF living space and sit on a 7,243 SF lot. Both properties were built in 1947 and each building has a center courtyard area. Each unit is averaging about 625 sf. Each unit has a functional layout, smooth ceiling, individual water heater, and some units have laundry hookups. Each unit is separately metered for electricity and gas. Some units have updated bathrooms (tiled bathroom). One unit is currently in eviction process (2410-A) and the new owner can take over the file and continue the process. Each building has its own driveway providing easy access to the garage area. The electrical panel for each unit has been upgraded (buyer to verify). Seller has 2 garage spaces as storage that can be easily rented out by final buyers. The 5 residential lots are located right behind the 2 triplexes. It offers a rare and prime opportunity for developers to acquire an infill large development site in a mature area. It has a total of 1.82ACRE (79353 SF) lot size with RD5-1D zoning; gently sloping lot. There is an access street from a quiet and cul-de-sac street (THELMA AVE – use 2357 or 2358 Thelma Ave in Google map). Seller has initial architect drawing to build a 15 units master plan Single Family Residential – drawings will be included in the sale. The Sales comparable for older homes in the immediate El Sereno area with small lots (older houses with less than 6000SF lot size) in the past 12 months shows a range of sales price between $800,000 to $1,500,000. The 5 lots are priced to sell at only $12/SF lot. Upon completion of the project, each finished SFR could be worth $1.5million (buyer to verify). LOCATION AMENITIES AND ACCESS Properties are strategically and centrally located on Eastern Ave, several blocks north of Valley Blvd in Alhambra, and several blocks south of Huntington Drive. It enjoys a quiet atmosphere yet close to Alhambra, El Sereno Park and Recreation Center, Ascot Hills Park, and just minutes away from Cal State University Los Angeles. Commuting to Downtown Los Angeles is a breeze with easy access to FWY 10. El Sereno, nestled in Northeast Los Angeles, is a vibrant, historic neighborhood known for its rich cultural diversity and strong sense of community. One of the oldest areas in the city, dating back to 1769, it was once home to the Tongva village of Otsungna and later became a hub for Mexican-American and Italian-American families after restrictive covenants were lifted in 1948. The neighborhood offers a dense suburban feel with a mix of modest single-family homes and small apartment buildings, many built between 1940 and 1969, set against scenic hillsides with stunning views of the San Gabriel Mountains and Downtown LA. El Sereno is cherished for its serene, family-friendly atmosphere, with residents praising its quiet streets, tree-lined neighborhoods, and proximity to nature. Ascot Hills Park and Elephant Hill provide hiking trails and panoramic city views, while the El Sereno Recreation Center and Arroyo Playground offer spaces for sports and community gatherings. The area is well-connected, with easy access to Downtown LA (just 10-20 minutes away), Highland Park, Alhambra, and South Pasadena via freeways or surface streets. Local gems like Elephant Hills Coffee and the weekly night market with trendy eateries add to its charm, blending long-standing businesses with new developments.

Contact:

Growth Investment Group California

Property Subtype:

Apartment

Date on Market:

2025-07-16

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More details for 2220 Dunlop St, San Diego, CA - Multifamily for Sale

2220 Dunlop St

San Diego, CA 92111

  • Investment Property
  • Multifamily for Sale
  • $2,896,740 CAD
  • 2,800 SF
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