Featured Listings
$ 3,100,000 - 13 Units
- 16,588 sq/ft
- Beautiful 1929 Art Deco apartment building
- Highly visible corner lot property
- Value add potential with good rental upside
- Single family homes in the neighborhood sell for $1.3 million on average
- Hancock Park has significantly higher rental growth and occupancy rates than the city, state, and nation
- Walking distance to fine dining, employers, and nightlife
- Surrounded by $32 billion of area developments
$ 8,350,000 - 35 Units
Reduced to: $ 7,850,000
- 35,801 sq/ft
- Good unit mix of spacious singles, one and two-bedroom units
- Operating at 100% occupancy with approximately 20% rental upside
- Over half the units have been renovated
- Swimming pool, gated covered parking, controlled access entry
- Upscale residential area with a median household income of $81,200 compared to the national median income of $49,700
- The unemployment rate of 6.6% is significantly lower than the state average of 11.4%, or the national average of 8.8%.
- Surrounded by Marina Del Rey, Playa Vista, and Manhattan Beach
$ 4,600,000 - 40 Units
- 33,980 sq/ft
- Bank REO opportunity
- 40-unit garden-style community situated on 1.23 acres of land
- Priced below replacement cost at $115,000 per unit
- Great mix of one and two bedroom apartments
- Located in the desirable Bixby Knolls neighborhood of Long Beach
- One of the few apartment properties in a neighborhood of single family homes averaging $600,000
- 115,177 sq/ft
- Beautifully renovated 12-story building in Downtown L.A.
- 80 elegant lofts with desirable common area amenities
- Adaptive reuse property that is not subject to rent-control
- Flexibility to sell the units as condominiums or lease them as luxury apartments
- Bottega Louie, one of the highest grossing restaurants in the city, occupies the ground floor
- World class dining, entertainment, and employment opportunities within walking distance
- Over $29 billion in new area developments
$ 12,000,000 - 98 Units
- 60,051 sq/ft
- 98 unit non-rent controlled units in the San Fernando Valley
- Priced below replacement cost for a quick close
- Superior Amenities including an elegant lobby, fitness center, community room, laundry facilities, leasing office, a beautifully landscaped courtyard, a swimming pool and cabana, and a parking ratio of 1.7 to 1
- Excellent visibility on a busy street with a daily traffic count of 32,400
- Close to shopping, employers and transportation
- Easy access to the 101 and 405 freeways
- Winnetka is one of Los Angeles’ most affordable rental markets
$ 1,250,000 - 12 Units
- 12,856 sq/ft
- 12 unit two-story apartment in central Los Angeles
- Recently renovated with over $200,000 in upgrades
- Good mix unit mix of two and three bedroom apartments
- Operating at 100% occupancy
- Excellent submarket occupancy rate of 96.6%, compared to the west at 95%, or the nation at 94.1%
- Less than 1 mile from over 400,000+ jobs in Downtown Los Angeles
$ 875,000 - 8 Units
- 6,364 sq/ft
- 8 unit trustee sale in Koreatown
- Priced below replacement cost
- Approximately 42% rental upside
- 9% Pro Forma CAP Rate
- Good mix of studios, one and two bedroom units
- Koreatown is considered a B market with good long term potential
- Surrounded by 400,000 jobs within a 3 mile radius
- Over the past ten years $32 billion in development has taken place
- throughout Wilshire Center/Koreatown, Hollywood, and Downtown