Excellent location on Phelan Rd. This large 3.24 Acre lot comes with the already established Auto Repair Shop, (Currently for Sale Separate) and a Recycling Service business. This property has high Visibility and still has room for expansion.
Presenting a very unique opportunity in the AVA of the Sierra Pelona Valley in the peaceful rural town of Agua Dulce to own a boutique vineyard that encompasses 16 acres. Approximately 14+ acres of planted cabernet, merlot, syrah, chardonnay, and moscato. Located approximately 49 miles from downtown Los Angeles, where over 9 million people reside, and the Greater Los Angeles Area where over 18 million live. These are all potential customers a short distance away, within a day trip, to enjoy this wine country. These are potential clients to come and visit and enjoy the tasting room and purchase wine. The owner wants to retire, he has fulfilled his desire to open a vineyard and a winery, but he wants to pass it on to somebody that will continue his dream. This is a great place for anyone interested in the wine business. The property includes the winery, the tasting room, and a residence. Call for a tour and bring your clients, by appointment please.
35+ acres in prime area of Phelan. Panoramic views of San Gabriel Mountains. Parcel is level with electric, telephone & water available. Several new homes under construction in the neighborhood. Great for investor/developer. Motivated Seller! *Buyer to make their own independent investigations regarding Zoning & General Plan Designations, Hazard Zones, Availability & Costs of Utilities.
Nestled against the San Gabriel Wilderness, Sierra Court Cottages offers an investor the opportunity to own a unique 15-cottage community spread across eight (8) parcels in Sierra Madre, totaling 31,712 square feet. The 15 cottages are comprised of various configurations, and have been tastefully renovated to maintain the original artistic integrity of the site. Current ownership has spent nearly $1.2 million on capital improvements including new electric, plumbing, roofing, exterior work and landscaping. Current operating expenses are low due to the implementation of resident utility billing (RUBS) across the community, allowing new ownership to operate the asset at a sub 30% expense ratio. The site qualifies for the construction of six (6) ADUs totaling 3,800 square feet of rentable space. Current ownership has begun the planning process and completed a site survey for construction. By adding the six (6) ADUs, new ownership can recognize a return on construction costs of over 260%. Optionally, new ownership could choose to sell each parcel separately, before or after construction of ADUs, to recognize premium ROI.
Location is everything. With its desirable location and incredible features, this well-tended and lovingly maintained 5-unit complex in the great North Monrovia offers picturesque San Gabriel Mountain views. Just a short stroll away is the vibrant Downtown Monrovia, one can conveniently enjoy the local shops, restaurants, eateries, parks, farmers markets, Gold Line and much more. The contemporary design property features four (4) 2 Beds/1.5 Baths units and one (1) huge 1,700 SqFt 4 Beds/2 Baths townhome-like unit. Each unit is beautifully designed with open floor plan, naturally lit rooms, washer & dryer hookups, carport & garage parking, private enclosed patios and breath-taking mountain views. Six (6) separate Gas meters, five (5) separate Electrical meters one (1) Water meter. This property also offers additional access from the rear alley, a plus! This is an investors charm, do not miss!
Originally built in 1926 as a New Car Sales Facility, this building had the show room in the front along with sales offices and the shop in the rear. This still has the original pit for servicing cars. This can be the perfect "Man Cave" for the guy or "She Shed" for the gal that has everything. A place for your cars and toys along with the perfect place to invite friends over. There is a rest room in the office area along with one is the shop area. A small kitchenette is a great place to keep some goodies for the next event. Take a peak and imagine your toys here, there are few of these left and this one may be the one for you!
Nestled in North Azusa with captivating views of the San Gabriel Mountains, this multi-unit property presents a great investment opportunity for a first-time investor or seasoned investors seeking solid returns. The property consist of 10 units with upside rent potential. Among them, five of the units offer 2 bedrooms and 1 bathrooms, three of the units feature 2 bedrooms and 1 bath, while the remaining units feature 2 bedrooms and 1 baths. Noteworthy amenities include 9 carport spaces with storage, 1 off-street parking space, laundry room, and separate gas and electric meters. Property is adjacent to Northside Park and is conveniently located near schools, shopping centers, a variety of restaurants, and Azusa Downtown Metro Station. Buyer to complete their own due diligence in regard to all aspects of the property, including income, expenses, and potential rents.
Subject property is a freestanding building featuring two separate units totaling 4,180 square foot situated in Monrovia on high-traffic retail street and surrounded by national tenants. Building has two separate units for various uses such as the current retail and high-end office with highly coveted Myrtle Avenue street frontage. Both units have front & back entrance and all utilities are separately metered. Suite 218 is leased to a franchise pet shop at $3.62/Sq.Ft. per Month. Ideal hedge against inflation with Annual 5% Rent Increases. Suite 220 features high ceilings, professional receptionist counter and entry area, meeting room, large conference room with skylight, huge sales floor, two private executive offices, kitchen, storage room, and bathroom. Private parking in the back and plenty of City parking areas. Building is earthquake retrofitted. Truly a gem for owner-occupied investment property. Occupy one unit & collect immediate passive income from the other unit. High density area with shortage of developable land in this region. Building is located next to Bank of America, across from Citibank, and a high-traffic shopping plaza anchored by Vons Pavilions. The City hosts a variety of events all year round including the weekly street fair every Friday that attracts many
We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovia, property sitting on a large lot of approximately 11,151 square feet. It is within a short distance to downtown Monrovia, Foothill Blvd, Major Supermarket, schools, etc. A New roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with its own laundry hook-up and one split mini air condition. 5 x 1 Bedroom + 1 Bathroom units. Most units have been renovated with laminate wood floorings, newer screen doors and newer bathroom vanity. All units are on separate electrical and gas meters including the common area. Rental Upside Potential. On-Site Coin-op Laundry Room for added income. Separate water heaters for each unit. 1 car carport offered to each unit.
We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovia, property sitting on a large lot of approximately 11,151 square feet. It is within a short distance to downtown Monrovia, Foothill Blvd, Major Supermarket, schools, etc. A New roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with its own laundry hook-up and one split mini air condition. 5 x 1 Bedroom + 1 Bathroom units. Most units have been renovated with laminate wood floorings, newer screen doors and newer bathroom vanity. All units are on separate electrical and gas meters including the common area. Rental Upside Potential. On-Site Coin-op Laundry Room for added income. Separate water heaters for each unit. 1 car carport offered to each unit.
2548 El Molino Avenue is a 10-unit asset located in Altadena, California. Current ownership has spent over $400,000 to thoughtfully restore the asset, with $170,000 alone spent on electrical and plumbing ugrades and a new roof. New ownership can take advantage of current ownership's interior remodels and recognize 20% upside on current rents. The property is comprised of (2) 2BD/1BA units, (6) 1BD/1BA + Den units, and (2) 1BD/1BA units. Current ownership has implemented resident utility billing (RUBS) across all units, allowing the asset to operate at a sub 30% expense ratio. The property is Mills Act eligible, which would allow new ownership to further drive down operating expenses*. An existing storage space provides current income, and also has the potential to be converted into two (2) ADUs for additional rental revenue of approximately $84,000 annually. 2548 El Molino Avenue offers an assumable loan of $1,631,000 at 5.25% with 5 years of interest only payments remaining.
Excellent opportunity to own a hanger with airstrip access. Large folding door to accommodate taxying directly inside. Large enough to hold multiple small aircraft. Reasonable yearly association dues. This property is being sold as is where is with all contents inside the hanger as well as outside on the property. The seller will not be removing anything from the property and is not paying for any cleanup or inspections. This property is to be a cash only sale.
Hard to find commercial stores in the popular old town Monrovia. 1) 113 E Olive Ave 1224 sqft 2) 115-117 E Olive Ave 2720 sqft 3) 119 E Olive Ave 1224 sqft 4) 121 E Olive Ave 1224 sqft. Well maintained with long term tenants
1429 N Altadena Drive is a quintessential 5-unit apartment building nestled in the heart of Pasadena. Constructed in 1950, this charming property showcases a distinctive unit mix, featuring (1) spacious two-bedroom, one-bath unit and (4) cozy one-bedroom, one-bathroom units. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking available in the front, the property also provides five garages situated at the rear, ensuring residents' comfort and convenience. With its prime location and well-appointed features, 1429 N Altadena Drive presents an exceptional opportunity for both investors and tenants alike.
An awesome opportunity Too own four commercial buildings! Great potential rents! Two Parcels being sold together Total lot sf 11,860 Parcel number : 8605-017-402 Total price 1.5 on title say buildings total just under 5000 sf. work out of one rent the rest!
An awesome opportunity Too own four commercial buildings! Great potential rents! Two Parcels being sold together Total lot sf 11,860 Parcel number 8605-017-401 Total price 1.5 on title say buildings total just under 5000 sf. work out of one rent the rest!
Commercial / Mixed Use property being used as a Triplex residential income property. 3 Units being rented out totaling $5,500 a month. Excellent opportunity for an Investor to expand their portfolio. Front of building is zoned for retail but being used as 3 bedroom | 1 bath rental. Rear of property with access from alley has 2 rental units available; both 1 bed | 1 bath.
This large, 1941 sqft medical building previously served as a dentist's office and is now the Altadena Boys and Girls Academy. The layout lends itself to configuring the space into ~10 offices/patient rooms, with a large lobby/intake area in the middle of the building. There is a large ~3200 sqft paved lot behind the building accessible via the driveway to the South of the structure. Leasing to a NNN Medical tenant would command significantly higher rents and dramatically lower the expenses, resulting in a 6.5-7% Cap property. The property is available alone, or together with the adjacent house (zoned commercial) at 2159 Lake Ave. in listing SB23095443. Seller financing will be considered with qualified offers. The garages are part of the neighboring property and will not be included with the sale of 2151 Lake.
Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with 2401 E Washington Blvd. Listed at $825,000 for a total of $1,800,000 for both). Here is an opportunity to develop an 11 units apartment building or use the restaurant/retail or office building that is currently located in a highly desired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including an art framing shop, an office and a restaurant. Property does have an alley in the back. Buyers to verify with the city as to what can be built. Great access to transportation. Property has been extended with an office and a patio area of over 600sf not included in the SF of the property. SELLER FINANCING MAY BE AVAILABLE WITH 30% DOWN PAYMENT AT 6.5% INTEREST ONLY FOR UP TO 3 YRS.
Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with 2393 E Washington Blvd. Listed at $975,000 for a total of $1,800,000 for both). Here is an opportunity to develop a mixed use retail/apartment building, Affordable housing, Senior living, restaurant/retail or office building in a highly desired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including a restaurant and an art gallery. Property does have an alley in the back. Buyers to verify with the city as to what can be built great access to transportation. Property has been extended with an office and a patio area of over 600sf not included in the SF of the property.
Offered at 4.29% CAP Rate with 6.12% Proforma CAP (buyer to verify), Sierra Bonita Bungalows is a 26-unit Turnkey Single-story bungalows community in the foothill area of San Gabriel Mountain, and only 2 blocks south of Altadena Country Club. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, this exclusive property consists of 26 units that are spread over 15 buildings and meticulously designed and fully upgraded from top to bottom, providing an attractive proposition for investors looking for steady rental income and long-term value appreciation. The property consists of 3 parcels with highly desirable layouts; a combination of single-story bungalow style single-family houses and duplexes, each unit provides serene and single-family house atmosphere to it, making each unit very easy to rent and highly desirable amongst renters. The large, combined lots allow FOUR (4) ADUs OR MORE (buyer to verify). It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from the world renown EF International Language Campus (www.EF.com ), and EF Academy, this strategic location provides excellent location for international students, or short
Exceptional development opportunity located at 142 La Porte. Located in a desirable area of Arcadia, this lot is centrally located to dense residential, eateries, West Field mall, city halls, fire and police stations with easy access to the 210 freeway and the 605 freeway. Sold as land value, Purchase price to include a full set of approve plans consisting of 3 warehouse units with 4 parking spaces. ( Unit A- 1,387 sqft, Unit B-1,312 sqft , Unit C- 1,281 sqft). There is currently a non-conforming 2 bedroom 1 bath, 816 sqft single family house on the lot. This commercial lot is currently in the process of being rezone as Downtown Zones (RM80) buyer to verify with the city. Current photos are from a previous listing, all personal belongings has been removed (cars, above ground pool, etc.)
Built in 1924, 451 E. Sacramento Street offers an investor the opportunity to acquire an 8-unit asset on an over 30,000-square-foot lot in Altadena, California. The property is comprised of (8) 1BD/1BA + Den units with over $540,000 spent on capital improvements, including new plumbing, roofing and electrical ugrades already completed. Current ownership has received approval from the City allowing the lot to be subdivided into three (3) separate parcels with the ability to build eight (8) new ADUs across the parcels, for additional rental revenue of approximately $386,400 annually. With the construction of the ADUs, the property can be stabilized at a 11.85% cap rate and 6.98 GRM. Resident utility billing (RUBS) has been implemented across the property to lower operational expenses. The property is Mills Act eligible, allowing new ownership the opportunity for significant tax savings*. 451 E. Sacramento Street offers an assumable Freddie Mac loan of $1,646,000 at 5.25% with 5 years of interest only payments remaining.
Prime Medical Building: For Sale or Lease Unlock the potential of your medical practice or professional office with this exceptional two-floor medical building, which presents 11 units (unit 100, 110, and 120 is currently combined as one unit and leased for one tenant), and three units are currently vacant and available for lease. The remaining units, leased for a total of $34,625 per month. Strategically located near the highway, this standalone structure offers optimal visibility and accessibility for your practice or business. With ample parking, and room for expansion, it's an ideal investment or leasing opportunity. Don't miss out on securing your space in this thriving medical community. Contact us now for detailed information and to schedule a tour. Features: 11 units, three currently vacant and available for lease Prime location near the highway for maximum exposure Ample parking Room for expansion on a spacious lot Take the next step toward your success in healthcare or professional office use. Contact us today for details.Buyer or buyers agent is responsible to verify use with the city. Any questions, please send email to henryarcadia@gmail.com
