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Prime development opportunity in Little Italy just a few blocks from Waterfront Park and the San Diego Harbor. CCPD-RE zoning designation with a 5000 square foot lot.

PRICED TO SELL! We are pleased to exclusively offer for sale this 22 Unit multi-family residential investment opportunity in the city of Castaic, located just minutes north of the city of Valencia. Boasting a 5.43% Cap Rate and a 10.21 GRM, this property was constructed in the 1980s and offers 18,816 rental square feet on a substantial 41,096 square foot lot. The unit composition includes one 2-Bedroom/1.75-Bathroom unit with an oversized patio, seven additional 2-Bedroom/1.75-Bathroom units, and fourteen 1-Bedroom/1-Bathroom units, each with private balconies/patios, ensuring a desirable outdoor space for each tenant. Tenant amenities enhance this property's appeal featuring gated private entry with an intercom call system, central A/C & Heat, sparkling swimming pool, communal laundry room, and covered carport parking with a total of 37 off-street parking spaces. The property also benefits from copper plumbing and a newer roof, highlighting its well-maintained condition. With a 35% upside in market rents, this investment offers significant potential for revenue growth and upside appreciation.

Located on a rare corner lot in the highly desirable neighborhood of Irvine Terrace, this home is situated for easy access to nearby beaches, Balboa Island, Corona del Mar, Newport Beach Country Club, Newport Harbor and premium shopping/dining at Fashion Island. This SINGLE LEVEL home has everything to offer, and has been completely remodeled from the ground up including doors, windows, white oak flooring, kitchen and baths and includes the option to add on additional square footage to the home. Enjoy an open greatroom floorplan with access to two outdoor patio areas. The gourmet kitchen is a chef's dream complete with Thermador appliances, custom cabinetry, dual sinks and honed Calcutta stone counters. The master retreat offers a walk in shower, soaking tub, dual sinks, customized walk-in closet and window coverings. Smart home automation, A/C, Security System with video surveillance, crown molding. wainscoting, 2 car garage with epoxy flooring and dual pane windows compliment this home. This is coastal living at it's best. Come see for yourself what this amazing home has to offer.

825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 7602374092...

6041 Fullerton Avenue is a 12-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with unit interiors featuring vinyl and tile flooring, quartz countertops, ceiling fans, and more. Residents enjoy amenities including security doors, a common area front yard, an on-site laundry facility, and ample parking. 6041 Fullerton Avenue is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 6041 Fullerton Avenue benefits from its proximity, just under 2 miles, to Knott’s Berry Farm, the city’s top employer with over 4,000 employees per Buena Park’s 2023 Annual Comprehensive Financial Report. Residents enjoy the property’s close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Park’s optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Buena Park, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 6041 Fullerton Avenue.

Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.

Mediterranean retreat located in the heart of Pacific Palisades. This exquisite home offers a luxurious lifestyle with 5 en-suite bedrooms and 5.5 opulent baths, seamlessly blending comfort with sophistication. Spanning approximately 4,894 sq. ft., this residence is designed for both elegant entertaining and relaxed family living.The home is finished with refined beauty, highlighted by Saltillo tile floors and soaring vaulted ceilings and French doors leading to the enchanting backyard and pool that enhance the sense of space and light. The chef's kitchen is a culinary masterpiece, featuring sleek granite counters and top-of-the-line appliances, Sub-Zero refrigerator, Viking 6-burner stove and double oven, ideal for entertaining and gourmet meals. The home's beautifully landscaped yard provides a private sanctuary, complete with a sparkling pool, entertainment deck area, meditation area, and inviting spa. The meticulously maintained grounds are fenced, ensuring privacy and peace of mind. Located near the vibrant Palisades Village, you'll have easy access to gourmet restaurants, boutique shops, and award-winning schools. Enjoy the close proximity to the Pacific Coast Highway, and be just a short drive from the stunning beaches of Malibu or take Sunset Boulevard to the city. Experience the perfect blend of Mediterranean charm and modern amenities in this exceptional Pacific Palisades residence.

True one off Thomas Kincade Inspired Custom 5bd, 6bth Main Home with 2bd/2bth ADU located in the Equestrian Area of the Back Bay of Newport Beach, newly built in 2010. Includes RV/Large Trailer Parking w/Hookups, Separate Large Shop/Barn with 1/2 bath, Office, Tack Room & Hay loft, currently a car collector garage w/parking for 10 vehicles when combined w/main home oversized garage. The barn can also be converted to two stalls with the backyard being a turnout/exercise area. Aprox 7,000 sqft under roof, not counting the attics !! Main home has beautiful diamond pattern leaded glass windows, Versailles pattern travertine floors throughout the main level as well as all bathrooms throughout the home, chef’s kitchen with solid custom cherry cabinets, top of the line appliances such as Sub Zero, Viking with all of today’s modern conveniences. Formal Dining room features a 450 bottle temperature-controlled wine room with cedar racks. Downstairs bedroom off the entry, with en-suite bath, is built out with custom inlayed Cherry Wood walls, coffered ceilings and is currently used as an office/library. Three fireplaces total with two being true wood burning w/hand carved marble mantels imported from Italy. Upstairs you will find the New Wood Floors throughout with a very large Master suite, three additional bedrooms with en-suite baths, all with walk-in closets, and a loft/sitting area. NOTE: This is not a "spec home", the builder built this home as his private residence with all the best materials and true craftmanship that would cost well over $1,400 per square foot to duplicate in todays market.