4 Multi Family Opportunities On The Market In California

Unique opportunity to purchase as either an investment property or owner/user. Prime Santa Monica location is within feet of shopping and restaurants. Very large units with hardwood floors. Upside potential is perfect for an investor or Owner-User! • Spacious upper (over 1,600 square feet). 2 bedroom plus bonus room owners unit.

Listing details: Two units are currently occupied and two are vacant to be rented at the market rate. Parking consists of two 2-car enclosed garages. Property is subject to the City of Santa Monica rent control.

This charming and well-maintained 2-story apartment complex totals 4,024 square feet and is situated on a large 7,108 square foot lot. It offers five 1 bedroom, 1 bathroom, and one 2 bedroom 1 bathroom. Property is gated for security and privacy with parking for 9 cars. It is separately metered for gas and electric. It has copper plumbing.

Listing details: Exterior was painted Dec 2020. Walking distance to Los Angeles City College (LACC), West Coast University, elementary school, popular eateries, and locally owned retails makes the neighborhood one of the most sought-after markets in Los Angeles. It is minutes away from 101 Freeway, subway station, and other transportation options. There is a constant ongoing development in the vicinity.

Excellent Unit Mix – The subject property consists of (1 unit) Studio / 1 Bathroom, (1 unit) 2 Bedroom / 2 Bathroom, (1 unit) 2 bed / 1 Bathroom, and(2 units) 1 Bedroom / 1 Bathroom. Rental Upside Potential – The subject property contains more than 40 % in the rental upside. Centrally Located – The subject property is within 3 miles of major freeways and Old Town Pasadena, Pasadena City College, JPL, and The Rose Bowl.

Listing details: Value-Add Opportunity- Ability to reposition the asset to market rents. High-Demand Sub market – Altadena is one of the hottest submarkets undergoing potential for growth and urbanization. Strong Rent Collections through the Pandemic – The subject property boasts strong rent collections through the pandemic.

1.5 miles from the Sofi Stadium. Two buildings. Front bldg: divided into four units. (All are studios. One has a kitchen. ) Back building: Five units.

Listing details: Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft. Opportunity is galore!