Commercial Real Estate in California available for sale
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Investment Properties for Sale in California, USA

More details for 10129 Commerce Ave, Tujunga, CA - Multifamily for Sale

10129 Commerce Ave

Tujunga, CA 91042

  • Investment Property
  • Multifamily for Sale
  • $4,483,050 CAD
  • 9,944 SF
  • Air Conditioning
  • Private Bathroom
  • Kitchen

Tujunga Multifamily for Sale - Eastern SFV

The Alexanian Apartment Advisors are pleased to present this unique 12 unit investment opportunity in the emerging market of Tujunga Ca. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Built in 1987, the building is comprise of (6) 2+2s & (6) 1+1s all with central ACV, fireplaces, enclosed garages (which can possibly be converted to ADUs?, buyer to verify)Fully occupied, significant upside, month to month tenancy. *** Also available with sister property 4 doors down at 10219 Commerce Ave for a portfolio purchase of 24 units $6.5M (not requiring on site manager/expense) *** This is a rare opportunity to acquire one or two well-maintained multifamily assets in low inventory market with: • Cash flow from day one • Clear upside through rent increases and ADU development (buyer to verify) • Located in a market poised for long-term appreciation Area Benefits: Tujunga is an increasingly attractive rental pocket in Northeast Los Angeles that offers both stability and upside: • Affordability Pressure from Neighboring Markets: Rents in nearby Burbank, Glendale, and La Crescenta have soared, pushing tenants toward Tujunga for more affordable options—while keeping you in proximity to major employment hubs like Studio City, Pasadena, and Downtown LA. • Residential Feel with Urban Access: Tujunga combines quiet, low-density living with access to urban conveniences. With a Walk Score of 83, residents can walk to shops, cafes, schools, and transit. • Commuter-Friendly Location: Close to major freeways (210, 5, 2) and key corridors. Ideal for working professionals and families who need access to the LA job market without paying premium rents. • Growing Local Amenities: Retail, dining, and service amenities continue to improve in the area, increasing the neighborhood's livability and tenant retention. • Low Vacancy & Steady Demand: Tujunga remains underbuilt compared to its neighbors, creating favorable supply/demand dynamics for landlords. ** Contact Greg Alexanian for further details or offering memorandum **

Contact:

Alexanian Apartment Advisors

Property Subtype:

Apartment

Date on Market:

2025-07-16

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More details for 10219 Commerce Ave, Tujunga, CA - Multifamily for Sale

Commerce Apartments 2 - 10219 Commerce Ave

Tujunga, CA 91042

  • Investment Property
  • Multifamily for Sale
  • $4,483,050 CAD
  • 10,032 SF
  • Air Conditioning

Tujunga Multifamily for Sale - Eastern SFV

The Alexanian Apartment Advisors are pleased to present this unique 12 unit investment opportunity in the emerging market of Tujunga Ca. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Built in 1987, the building is comprise of (6) 2+2s & (6) 1+1s all with central ACV, fireplaces, enclosed garages (which can possibly be converted to ADUs?, buyer to verify)Fully occupied, significant upside, month to month tenancy. *** Also available with sister property 4 doors down at 10129 Commerce Ave for a portfolio purchase of 24 units $6.5M (not requiring on site manager/expense) *** This is a rare opportunity to acquire one or two well-maintained multifamily assets in low inventory market with: • Cash flow from day one • Clear upside through rent increases and ADU development (buyer to verify) • Located in a market poised for long-term appreciation Area Benefits: Tujunga is an increasingly attractive rental pocket in Northeast Los Angeles that offers both stability and upside: • Affordability Pressure from Neighboring Markets: Rents in nearby Burbank, Glendale, and La Crescenta have soared, pushing tenants toward Tujunga for more affordable options—while keeping you in proximity to major employment hubs like Studio City, Pasadena, and Downtown LA. • Residential Feel with Urban Access: Tujunga combines quiet, low-density living with access to urban conveniences. With a Walk Score of 83, residents can walk to shops, cafes, schools, and transit. • Commuter-Friendly Location: Close to major freeways (210, 5, 2) and key corridors. Ideal for working professionals and families who need access to the LA job market without paying premium rents. • Growing Local Amenities: Retail, dining, and service amenities continue to improve in the area, increasing the neighborhood's livability and tenant retention. • Low Vacancy & Steady Demand: Tujunga remains underbuilt compared to its neighbors, creating favorable supply/demand dynamics for landlords. ** Contact Greg Alexanian for further details or offering memorandum **

Contact:

Alexanian Apartment Advisors

Property Subtype:

Apartment

Date on Market:

2025-07-16

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More details for 523 B St, San Rafael, CA - Multifamily for Sale

523 B St

San Rafael, CA 94901

  • Investment Property
  • Multifamily for Sale
  • $2,476,023 CAD
  • 2,707 SF

San Rafael Multifamily for Sale - San Rafael/Larkspur

Situated in the charming and sought-after Gerstle Park neighborhood of San Rafael, this fully remodeled triplex presents a rare opportunity in the heart of Marin County. Offering excellent versatility for both owner-occupiers and investors, the property features one spacious 3-bedroom, 2-bathroom unit and two well-appointed 2-bedroom, 1-bathroom units—each thoughtfully upgraded with modern finishes and conveniences. All three units have been extensively renovated, including brand-new kitchens with sleek cabinetry, contemporary countertops, and new appliances. Bathrooms have been stylishly updated with new vanities, tiled showers or tubs, and upgraded fixtures. Each unit showcases a blend of luxury vinyl plank flooring and new carpet along with its own designated laundry machines, offering added convenience and privacy for tenants or owners. Additional highlights include carport parking, extra storage, and separate meters for gas, electric, and water—ideal for ease of management and utility control. A brand-new roof and gutters complete this turnkey property, all set in a prime location just blocks from downtown San Rafael. This rarely available triplex offers a unique opportunity to create a family compound, live in one unit while generating income from the others, or invest in a high potential cash-flowing property.

Contact:

Berkshire Hathaway Drysdale Properties

Property Subtype:

Multi Family

Date on Market:

2025-07-16

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More details for 41441 CA-168, Shaver Lake, CA - Specialty for Sale

Shaver Lake Lodge - 41441 CA-168

Shaver Lake, CA 93664

  • Investment Property
  • Specialty for Sale
  • $1,791,841 CAD
  • 4,600 SF
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More details for 4333 Florida St, San Diego, CA - Multifamily for Sale

4333 Florida St

San Diego, CA 92104

  • Investment Property
  • Multifamily for Sale
  • $1,972,542 CAD
  • 1,661 SF

San Diego Multifamily for Sale - Uptown East

4333 Florida Street sits in the highly desirable neighborhood of University Heights, which continues to be one of the most in-demand rental markets in uptown San Diego. Built in 1953, the 2-unit complex boasts a Walk Score of 95 and totals approximately 1,661 rentable square feet. The lot size is approximately 5,622 square feet and is situated in Complete Communities Tier 3 (6.5 FAR), offering future redevelopment potential. Both units are standalone cottages with no shared walls and ample yard space. The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious 3-bedroom/1-bath cottage. Both units have been recently remodeled with new vinyl plank flooring, hardware, recessed lighting, and updated kitchens and bathrooms. The exteriors have also been extensively improved with new doors, dual-pane vinyl windows, siding, and paint. The units are ready to rent but could be further upgraded by adding in-unit washer/dryers and air conditioning. Attractive tenant offerings include ample yard and patio space for each unit and three detached single-car garages, which also have the potential for an ADU conversion. Both units will be delivered vacant, making this an ideal opportunity for investors, owner-users, and developers with ample possibilities. Located only two blocks from Park Boulevard, the property is within walking distance of all the best of University Heights. The 8 and 163 freeways are also nearby, providing easy access for tenants. 4333 Florida Street ultimately presents the rare opportunity to acquire a recently updated asset with further upside and redevelopment potential.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-15

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More details for Adams & Arizona 43-Unit ADU Opportunity – Multifamily for Sale, San Diego, CA

Adams & Arizona 43-Unit ADU Opportunity

  • Investment Property
  • Multifamily for Sale
  • $8,966,100 CAD
  • 27,608 SF
  • 3 Multifamily Properties
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More details for 13504 Earlham Dr, Whittier, CA - Multifamily for Sale

6.12% Actual Cap Rate in Uptown Whittier - 13504 Earlham Dr

Whittier, CA 90602

  • Investment Property
  • Multifamily for Sale
  • $3,447,121 CAD
  • 5,574 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Whittier Multifamily for Sale - Southeast Los Angeles

Rare opportunity to acquire a 100% turnkey multi-structure investment property in the heart of Uptown Whittier—directly across from Whittier College and just steps from the area's vibrant shops, restaurants, and parks. This exceptional asset blends historic charm, modern upgrades, and unbeatable location, offering tremendous long-term cash flow and appreciating value. Ideal for both seasoned and first-time investors, this cash-flowing triplex includes three beautifully maintained and updated residences: 13504: The original main home, built by Whittier College’s first president, Charles Tebbet’s, and later owned by prominent local physician Dr. William Coffin, is a preserved piece of Whittier’s heritage. 13508: A fully permitted, custom-built back house constructed in 2017. 13506: A brand-new third unit (ADU) built in 2024, adding even more upside to your investment portfolio. Every inch of this property has been thoughtfully renovated with no expense spared, including: New roof and plumbing Updated electrical and light fixtures Restored original flooring Clawfoot tubs Modern switches, hardware, and finishes Fresh concrete driveway And much more. Adding to the property’s appeal is its Mills Act designation, which provides significant property tax savings, boosting your net income and increasing ROI. With high rental demand, walkability, and Whittier College right across the street, this is a rare chance to own a trophy asset in a blue-chip location. In a market where affordable, quality housing is in high demand, this investment promises exceptional performance for years to come. Don't miss this once-in-a-generation opportunity to own a piece of Whittier history with modern, cash-generating appeal.

Contact:

KW Commercial

Property Subtype:

Apartment

Date on Market:

2025-07-15

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More details for 12843 Columbia Way, Downey, CA - Land for Sale

12843 Columbia Way

Downey, CA 90242

  • Investment Property
  • Land for Sale
  • $1,517,340 CAD
  • 0.14 AC Lot
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More details for 423 N Harvard Blvd, Los Angeles, CA - Multifamily for Sale

423 N Harvard Blvd

Los Angeles, CA 90004

  • Investment Property
  • Multifamily for Sale
  • $5,586,570 CAD
  • 11,797 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

Kidder Mathews, as the exclusive listing agent, is proud to present a rare opportunity to acquire 423 N Harvard Blvd, a 16-unit value-add property ideally located in one of Los Angeles’ most vibrant and rapidly evolving neighborhoods. Situated at the intersection of Beverly Boulevard and Western Avenue, this asset is positioned within close proximity to Koreatown, Hancock Park, Larchmont Village, Hollywood, and Silver Lake—areas known for their high demand and consistent growth. Originally constructed in 1965, this two-story building spans approximately 11,797 square feet on a 14,373 square foot lot. The Property has been meticulously maintained and upgraded by the current owner, who has held the property for nearly 23 years, yet still offers substantial potential for further value enhancement. This asset is being sold with RTI (Ready to Issue) permits for four Accessory Dwelling Units (ADUs), presenting a significant opportunity to increase rental income (buyer to verify). 423 N Harvard Blvd offers investors a rare value-add opportunity with substantial upside potential. The property boasts a well-maintained unit mix of (10) one-bedroom, one-bath units, (3) two-bedroom, one-bath units, and (2) two-bedroom, two-bath units. Significant upgrades have already been made, including high-end finishes, modern flooring, remodeled kitchens with quartz countertops, new stainless-steel appliances, renovated bathrooms, new air conditioning units, ceiling fans, and extensive copper plumbing and electrical work. Additionally, the property features a recently installed roof and has completed the seismic soft-story retrofit. The on-site amenities include laundry facilities, secured entry, and 16 parking spaces—an especially valuable feature in this high-demand area. While the property has been thoughtfully upgraded, there remains ample opportunity to add value. A strategic renovation program, coupled with the potential for ADU development and the implementation of RUBS (Ratio Utility Billing Systems) to recapture utility costs, can drive significant rental income growth. 423 N Harvard Blvd is situated in one of Los Angeles' most desirable and rapidly appreciating submarkets. The Property is conveniently located near Larchmont Village, Hancock Park, Koreatown, Hollywood, and Silver Lake—some of the city's most coveted and sought-after neighborhoods. The area is brimming with top-tier restaurants, entertainment options, fitness centers, and shopping destinations, making it an attractive location for tenants. Given its prime location and the continued development of the surrounding area, 423 N Harvard Blvd offers investors an exceptional opportunity to capitalize on rental upside and value-add potential, ensuring long-term growth, appreciation, and strong returns.

Contact:

Kidder Mathews

Property Subtype:

Apartment

Date on Market:

2025-07-14

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More details for 3400 Fourth & 320-322 Upas, San Diego, CA - Office for Sale

2,454sf Office + 2,264sf Duplex - 3400 Fourth & 320-322 Upas

San Diego, CA 92103

  • Investment Property
  • Office for Sale
  • $5,172,750 CAD
  • 4,700 SF
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More details for 9527 Los Angeles St, Bellflower, CA - Multifamily for Sale

9527 Los Angeles St

Bellflower, CA 90706

  • Investment Property
  • Multifamily for Sale
  • $1,793,220 CAD
  • 3,405 SF
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More details for 17539 Elizabeth Lake Rd, Lake Hughes, CA - Land for Sale

The Rock Inn at Lake Hughes, California - 17539 Elizabeth Lake Rd

Lake Hughes, CA 93532

  • Investment Property
  • Land for Sale
  • $2,758,800 CAD
  • 0.57 AC Lot

Lake Hughes Land for Sale - NW LA County Outlying

The Rock Inn represents a hybrid commercial model. It draws revenue from food, drink, short and long term lodging, entertainment and income from the salon tenant while also acting as a community hub for the immediate area and surrounding communities. Constructed in 1929 by Joel B. Hurd, the Rock Inn was built to replace a wood structure lost to fire. Using local quarried metamorphic stone—predominantly river rock—the primary three-story building features striking arched windows, expansive stone fireplaces and a rugged aesthetic that resonates with both early 20th-century craftsmanship and modern rustic appeal. Originally a grocery, post office, gasoline station, hotel and stagecoach stop, the Inn served as a commercial hub for travelers and vacationers visiting nearby lakes and resort cottages. Post-WWII, the upper floors of the hotel were converted into duplex housing for Hurd’s sons. In 1975, world famous actor Paul Koslo acquired the historic property, reinforcing the structure and converting it into a bed-and-breakfast, keeping much of its original character intact. The Koslo family has remained the owners and caretakers of the entire property, maintaining its structural and community integrity for over 50 years.   Situated on Elizabeth Lake Road and neighboring Paul Newman’s Painted Turtle Camp, the property benefits from proximity to the Pacific Crest Trail, local lakes and the Angeles National Forest. It combines historical charm with easy accessibility that appeals not just to locals but to motorcyclists, classic and performance car enthusiasts, hikers and nostalgia-driven travelers and remains a culinary and social anchor in the area. This iconic roadhouse serves up rustic charm, hearty food, live music, lodging and old-school hospitality that keeps travelers and locals coming back for more. The Rock Inn exemplifies how rural commercial real estate can balance historical preservation, multi-functionality, sustainability and growth potential. Its blend of architecture, niche positioning and community integration produces a macroscopic value. With thoughtful enhancements—especially in guest experience, tied services such as terrain utilization—it holds so much potential to an owner-investor. Its true value lies beyond spreadsheets: it’s a living heritage asset and regional anchor capable of generating both place-based pride and purposeful, profitable commerce.

Contact:

Commercial Brokers Group

Property Subtype:

Commercial

Date on Market:

2025-07-11

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More details for 427 Lincoln Ave, Glendale, CA - Multifamily for Sale

427 Lincoln Ave

Glendale, CA 91205

  • Investment Property
  • Multifamily for Sale
  • $6,034,875 CAD
  • 10,162 SF
  • Smoke Detector

Glendale Multifamily for Sale

Marcus & Millichap presents 427 Lincoln Avenue, an eleven-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This well-maintained asset will provide the next investor with the opportunity to capture approximately 33% in rental upside through an interior renovation program. The property also includes an occupied non-conforming one-bedroom unit that can be converted to an ADU as bonus income. Constructed in 1986, the asset comprises ten two-bedroom/two-bathroom units and one three-bedroom/two-bathroom units spread across 10,162 square feet. All units have separate meters for gas and electricity, individual water heaters, central HVAC. The property has gated entry, an on-site laundry room, and subterranean parking with 27 parking spaces. The property sits on a 9,146 square foot lot and is zoned R2250, making the existing number of units irreplaceable with the current zoning. Situated just south of Colorado Boulevard and east of Verdugo Road, 427 Lincoln Avenue is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.

Contact:

The SK Group of Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-11

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More details for 414-416 Bryant St, San Francisco, CA - Multifamily for Sale

SoMa South Park - 414-416 Bryant St

San Francisco, CA 94107

  • Investment Property
  • Multifamily for Sale
  • $3,931,290 CAD
  • 5,990 SF
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More details for 3412 E 3rd St, Los Angeles, CA - Multifamily for Sale

Turn-Key Investment Property - 3412 E 3rd St

Los Angeles, CA 90063

  • Investment Property
  • Multifamily for Sale
  • $1,793,219 CAD
  • 3,024 SF
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More details for 939 Pacific Ave, Long Beach, CA - Multifamily for Sale

939 Pacific Ave

Long Beach, CA 90813

  • Investment Property
  • Multifamily for Sale
  • $3,965,775 CAD
  • 7,836 SF
  • Controlled Access

Long Beach Multifamily for Sale - Long Beach: Downtown

We are pleased to present 939 Pacific Avenue, a fully renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the K-9 Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units, each averaging approximately 600 square feet. All units were fully remodeled in 2018–2019 with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements during the same period included new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. In 2023, all HVAC units were replaced or repaired as needed and the main electrical panel was upgraded — demonstrating pride of ownership and a commitment to ongoing maintenance. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages, one of which is currently vacant and may be rented for additional income or potentially converted to ADUs (buyer to verify). One unit is currently vacant, offering immediate upside through lease-up at market rent. Priced at a 6.01% cap rate, 939 Pacific Avenue offers investors a well-maintained, turn-key asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

Contacts:

Lyon Stahl Investment Real Estate

The Real Estate Group

Property Subtype:

Apartment

Date on Market:

2025-07-10

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More details for 5614 W Adams Blvd, Los Angeles, CA - Multifamily for Sale

7 Units | West Adams | Built 1961 - 5614 W Adams Blvd

Los Angeles, CA 90016

  • Investment Property
  • Multifamily for Sale
  • $2,613,963 CAD
  • 5,028 SF
  • Kitchen

Los Angeles Multifamily for Sale - Culver City

The LAAA Team of Marcus & Millichap is pleased to present 5614 W Adams Boulevard, a seven-unit multifamily offering located in one of Los Angeles’ fastest-growing submarkets. This investment combines stable in-place income, permitted renovation progress, rental upside, and long-term development potential—appealing to both value-add and buy-and-hold investors. Built in 1961 and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), the property consists of seven two-bedroom, one-bath units averaging 715 square feet. The 6,162-square-foot lot is zoned C2-1VL-CPIO, supporting by-right multifamily or commercial uses. Since acquisition in 2022, ownership has completed extensive capital improvements, including a new roof, major central plumbing upgrades, and a backflow water preventer. In 2024, ownership also completed landscaping, full exterior paint and re-stuccoing, and added a communal washer and dryer. Two units were fully renovated in 2024 with permits, featuring new double-pane windows, updated flooring, modern kitchen cabinetry, new appliances, in-unit washer/dryers, and mini-split HVAC systems. A third unit is currently vacant and down to the studs, with rough MEP inspections already passed and infrastructure in place for a washer/dryer, kitchen appliances, and mini-split HVAC—giving an investor the opportunity to complete the unit to their own design. In-place rents present approximately 18% upside through continued turnover and interior upgrades. Additional building features include upgraded plumbing and electrical systems, tankless water heaters, and a soft-story seismic retrofit with Certificate of Compliance issued in 2019. The property includes seven parking spaces—three covered and four uncovered. Located in a Tier 2 TOC and High Quality Transit Corridor, the site offers future development flexibility, including increased density, mixed-use entitlement, or detached ADUs. The lot configuration may support one or more ADUs without requiring a zone change or complex entitlement process. Just west of La Cienega Boulevard, the property is walkable to the La Cienega/Jefferson Metro Station, the Cumulus District, and Whole Foods, with close proximity to Culver City, USC, Kaiser Permanente, and Downtown LA. The West Adams corridor continues to attract strong renter demand fueled by its evolving retail, dining, and cultural landscape. 5614 W Adams Boulevard presents a rare blend of current cash flow, tangible value-add potential, and long-term development upside in a prime infill location.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-07-09

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More details for 3430 11th Ave, Los Angeles, CA - Multifamily for Sale

3430 11th Ave - 3430 11th Ave

Los Angeles, CA 90018

  • Investment Property
  • Multifamily for Sale
  • $1,200,078 CAD
  • 1,872 SF
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More details for 2918 11th Ave, Los Angeles, CA - Multifamily for Sale

2918 11th Ave

Los Angeles, CA 90018

  • Investment Property
  • Multifamily for Sale
  • $1,138,005 CAD
  • 1,668 SF
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More details for 537 Chester St, Oakland, CA - Multifamily for Sale

Duplex - Seller Financing Available - 537 Chester St

Oakland, CA 94607

  • Investment Property
  • Multifamily for Sale
  • $931,095 CAD
  • 1,484 SF
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More details for 1539 Gordon St, Los Angeles, CA - Multifamily for Sale

1539 Gordon St., LA 90028 - 1539 Gordon St

Los Angeles, CA 90028

  • Investment Property
  • Multifamily for Sale
  • $1,862,190 CAD
  • 1,926 SF
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More details for 6922 Glasgow Ave, Los Angeles, CA - Multifamily for Sale

6922 Glasgow Ave

Los Angeles, CA 90045

  • Investment Property
  • Multifamily for Sale
  • $2,000,130 CAD
  • 2,528 SF
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More details for 233 W Quinto St, Santa Barbara, CA - Land for Sale

233 W Quinto St

Santa Barbara, CA 93105

  • Investment Property
  • Land for Sale
  • $3,303,663 CAD
  • 0.21 AC Lot

Santa Barbara Land for Sale - N Santa Barbara/Goleta

Now available for sale for the 1st time in over 50 years, is a rare under-developed parcel adjacent to the Cottage Hospital medical buildings in the heart of the Santa Barbara Medical District. Currently consisting of 3 apartment units at the front of the property facing West Quinto Street, the back half of the lot was never built on. Recent and ever-increasing housing density rules now offer a developer/investor an incredible opportunity to build-out the remainder of the parcel or re-build from scratch, as suggested plausibly in the cover rendering. Or a non-developer may also value this opportunity, but instead as a multi-family investment plus a profitable land-bank with upside appreciation, or by entitling and selling the entitled project for profit. The location for apartments is unbeatable in its immediate proximity to Santa Barbara’s largest private employer Cottage Health Systems, as well as Sansum Clinic, the Ridley-Tree Cancer Center, and numerous other medical and professional offices. The property is also within a couple of blocks of the Upper De La Vina commercial corridor with several restaurants, markets and all services. The rear of the property is accessed by a public alley, providing valuable double-access. An included land-use report from Suzanne Elledge Planning and Permitting Services (SEPPS) discusses the potential total number of apartment units which might be built, along with guidance on square footage rules. Using a combination of the City of Santa Barbara Average Unit Density (AUD) rules, the State of California Density Bonus (SDBL) rules, and state Accessory Dwelling Unit (ADU) rules for multi-family properties, the report projects the potential for up to 11 apartment units on the property. A prospective buyer should also review the underlying development standards and details of the various housing legislation referenced in the report, available through links in the Offering Memorandum. Buyers and their consultants are advised to conduct their own research as to the development possibilities on the property; the listing agents and sellers make no representations or guarantees as to what can be developed.

Contact:

Berkshire Hathaway Commercial Division

Property Subtype:

Residential

Date on Market:

2025-07-07

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More details for 1931 W 35th Pl, Los Angeles, CA - Multifamily for Sale

1931 West 35th Street - 1931 W 35th Pl

Los Angeles, CA 90018

  • Investment Property
  • Multifamily for Sale
  • $1,888,399 CAD
  • 4,930 SF
  • Kitchen

Los Angeles Multifamily for Sale - Koreatown

2 Units will be delivered VACANT at closing. Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strongest rental markets. Spanning approximately 3,340 sq.ft. Livable Space sitting on just under 7,000 sq ft Lot Size Built in 1945. Significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. The property offers four 2-bedroom, 1-bath units each around 835 sq.ft. per unit. Centrally located near the Expo Line, minutes from major freeways and Downtown LA. All units are tenant occupied. Here are some key points on the property:Roof and Gutters: New roof, gutters and downspouts installed in 2020. Electrical: Complete gutting of electrical systems (wires, outlets, lights) with permits in all units, upgraded to current code and new Electrical panel upgraded in 2017. Water Heating: Two new water heaters installed in 2020, new expansion tanks, and water pressure regulator installed in 2017. Two new water heaters installed in 2025.Sprinkler System: New sprinkler system installed in 2021. Unit Renovations: Unit 1931 was gutted to the studs and renovated in 2017. New kitchens installed in units 1933 1/2 (2020), 1931 (2020), and 1933 (2024). All units have new laminate flooring in the bedrooms and common areas. Painted throughout exterior in 2024. Safety Features: Bars protecting gas meters installed in 2020. Security bars added to Unit 1931 with permits in 2021. Aesthetics and Maintenance: New paint on all iron gates and fences completed in 2024. Concrete parking stoppers 2020. Entire property received new stucco in 2024, with touch-ups done in 2025. Pest Control: Entire building tented for termites in 2017.

Contact:

Century 21 Allstars

Property Subtype:

Apartment

Date on Market:

2025-07-06

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