Rare chance to own an exquisitely renovated, remodeled, modernized and reimagined 1924 seven-unit bungalow court tucked away in an amazing pocket of Altadena. Sited in a quiet neighborhood of mostly single family homes, this turn-key gem has received a comprehensive redo with nearly $700,000 invested in restoration and improvements. The property, dubbed the 'Sacramento Bungalows' is comprised of six 1-bed/1-bath units and one 2-bed/1-bath unit. Improvements include new and/or updated roofs, sewer line, landscaping, fencing, AC units, appliances, interior/exterior paint, kitchens & bathrooms and so much more. The updates were focused on attracting high quality tenants and to facilitate low maintenance operation for years to come. Tenants also benefit from washer/dryer hookups and off-street assigned parking in addition to an enclosed yard or outdoor space for each unit. Current gross rents are over $175,000 per year
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
1of 10 separate parcels available, this lot is APN 0459-113-53-000 and is 2.03 acres, parcel 9, building 9. Total project site is 20 acres on 10 separate parcels located in the Opportunity Zone on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. You can build individual warehouses at 44,000 sf each and can be divided into 2 units if desired and a second-floor mezzanines can also be added. The seller can be contracted to build-to-suit. All buildings have office space plus bathroom. Ceiling height 23 feet at center. Other building sites and retail parcels also available. Close to highway 395, freeway 15 and California Logistics Airport. Engineering plans have been approved and ready to break ground.
1 of 10 separate parcels available, this lot is APN 0459-113-54-000 and is 1.20 acres, parcel 10, building 10. Total project site is 20 acres on 10 separate parcels located in the Opportunity Zone on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. You can build individual warehouses at 12,658 sf each and can be divided into 2 units if desired and a second-floor mezzanines can also be added. The seller can be contracted to build-to-suit. All buildings have office space plus bathroom. Ceiling height 23 feet at center. Other building sites and retail parcels also available. Close to highway 395, freeway 15 and California Logistics Airport. Engineering plans have been approved and ready to break ground.
Commercial Build-to-Suit. Ready-to-build world-class manufacturing, distribution, engineering plans have been approved and ready to break ground. Total project site is 20 acres on 10 separate parcels located on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. There are 6 lots that can build individual warehouses at 44,000 sf each. Each 44,000 sq ft, can be divided into 2 units if desired and a second-floor mezzanines can also be added. The seller will build-to-suit on 2 acres each. Project inquiries for JV and investors welcome. All buildings have office space plus bathroom. Ceiling height 23 feet at center. Other building sites and retail parcels also available. Located in the Opportunity Zone on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. Close to highway 395, freeway 15 and California Logistics Airport.
Commercial Build-to-Suit. Ready-to-build world-class manufacturing, distribution, engineering plans have been approved and ready to break ground. Total project site is 20 acres on 10 separate parcels located on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. There are 6 lots that can build individual warehouses at 44,000 sf each. Each 44,000 sq ft, can be divided into 2 units if desired and a second-floor mezzanines can also be added. The seller will build-to-suit on 2 acres each. Project inquiries for JV and investors welcome. All buildings have office space plus bathroom. Ceiling height 23 feet at center. Other building sites and retail parcels also available. Located in the Opportunity Zone on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. Close to highway 395, freeway 15 and California Logistics Airport.
Seize the opportunity to acquire a well-positioned 6-unit apartment building in a Altadena neighborhood on the rise! This two-story property boasts identical floor plans, each featuring a comfortable 775 sq. ft. with 2 bedrooms, 1 bathroom, living room, and kitchen. Additionally, each unit benefits from the convenience of 2 dedicated tandem carport spaces. Capitalize on the increasing desirability of Altadena by modernizing the units to unlock their full rental potential and maximize your return on investment.
Prime, central Arcadia location, one block east of Santa Anita Avenue on E. Huntington Drive. Convenient to Westfield Santa Anita Regional Shopping Center, Santa Anita Racetrack, and Restaurant Row on Huntington Drive. High visibility, recently remodeled property w/approx. 14' ceilings & approx. 2,500/SF bonus mezzanine space. Located in Arcadia Central Business District (CBD) Area. *Available for a variety of retail/service uses. *Please check w/City of Arcadia for all zoning matters, allowed uses, and parking requirements.
1253 E. Washington Boulevard is situated on the corner of E. Washington Boulevard and N. Chester Avenue, between N. Lake Avenue and N. Hill Avenue, just a few blocks North of the 210 Freeway. The property is a short distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential frequented city locations Shops on Lake Avenue, The Paseo, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Allen Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto. com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 1253 E. Washington Boulevard is a charming property situated on a large lot of approximately 15,921 square feet. The majority of the units consist of spacious cottage-style floorplans and all units are com
Welcome to a piece of local history! This majestic church building, constructed in 1947, stands as a testament to exquisite craftsmanship and timeless architectural beauty. Located in the heart of Monrovia, this property offers a rare opportunity for those seeking a unique investment or redevelopment project. Situated in a vibrant neighborhood, the church enjoys convenient access to public amenities, public transportation, schools, parks, etc., enhancing its appeal to prospective buyers. Whether you're a church planter or an investor with a vision for restoration, a developer seeking a unique project, or a community group looking to preserve a piece of history, this property offers an exceptional opportunity. Bring your creativity and passion to transform this iconic building into a cherished asset for generations to come. Buyer agent to perform due diligence. More pictures and description to come.... Take advantage of this rare opportunity. Don't miss the chance to own a piece of local history while reaping the rewards of a strategic investment in one of Monrovias most sought-after neighborhoods.
This is an excellent opportunity to purchase a stable multi-family and commercial investment property. Located in central Glendora on the historical Route 66, this property has been professionally managed and consistently maintained/upgraded. Its location is convenient to shopping and restaurants, with the residential units being set back from the main street. The 13 unit property consists of long term tenants in twelve large 1BD/1BA units (six duplexes) on a large lot, an approx 1550 sf single tenant office building that is leased to a national tenant, and 13 private garages. Front office building built in 1927 and residential units built in approx 1955. Most units have a private yard or private patio and each unit has a private garage and one reserved parking spot. Three units have been completely renovated with improvements that include new range/oven, laminate flooring, kitchen cabinets, quartz counters, bathrooms, and windows. Five units have been partially renovated with improvements that include new flooring and windows. Four units have not been renovated. All units have been upgraded with copper plumbing.
Location! Location! Location! High traffic count. Lots of development growth in the area. Easy accessibility to the Metrolink, bus lines and 210 Freeway. Property is 1,350 square feet and built in 1948. Lot size is 2774 square feet, with rear fenced parking lot with alley access.
Well located, well maintained 10 unit building with great mix. Please review physical inspection/ termite inspection and all other disclosures prior to considering an offer.
This is your chance to seize an investment or secure your own commercial and residential space in a highly sought-after area. With 4 units comprising both commercial and residential spaces, this property offers versatility and potential for multiple streams of income. Key Features: Location: Situated in a prime location and convenient access to amenities, this property is strategically positioned for maximum exposure and foot traffic in city of arcadia. Mixed-Use: Featuring a blend of commercial and residential units, this property caters to diverse tenant needs and offers flexibility in usage. Investment Potential: Whether you're an investor seeking steady returns or an owner looking to establish your presence, this property presents an excellent opportunity for growth and financial success. Seller will do 1031 Exchange.
Incredible investment opportunity! You'll never want for tenants with this seven-unit building with plenty of parking, set on a quiet cul-de-sac amid amazing mountain views in the city of Glendora. Two of the seven are updated with new kitchen counters, cabinets, stainless steel sinks, and wood laminate flooring. The building itself boasts a new roof (2023), new exterior paint, and an upgraded laundry room with a new washer. The building's plumbing also has been upgraded within the past five years. The tenants enjoy seven covered parking spaces and an additional three open spaces. All units have long-term tenants. There's upside rent potential.
Discover this investment opportunity with a Single Tenant NNN Cannabis Investment, currently generating a monthly cash flow of $24,061.21. The lease, initiated in September 2020, extends through August 31, 2030, providing a solid seven years of lease term remaining. Enjoy the assurance of a 3.00% annual increase to the base rent, ensuring continued growth! The tenant has committed to the property through substantial improvements, and their approach includes collaboration with a consultant to execute planned enhancements and secure a Conditional Use Permit from the City of Adelanto. The tenant has consistently met rent obligations since the sixth month of the first year. With a lease duration, consistent cash flow, and tenant-driven property enhancements, this investment stands as a compelling prospect in the cannabis market. Don't miss out on the opportunity for a stable and thriving investment!
We are proud to exclusively present a multifamily opportunity to acquire 485 East Washington Boulevard in the city of Pasadena. 485 East Washington Boulevard is situated between Los Robles Avenue and El Molino Avenue just two blocks west of North Lake Avenue. The property is within walking distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential city frequented locationsShops on Lake, The Paseo, Pasadena Plaza, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, Kidspace Childrens Museum, and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Lake Avenue Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 485 East Washington Boulevard is situated on a large lot of approximately 38,240 squar
Front House is a charming craftsman Duplex: Unit A is 2 Bedrooms / 2 Baths with a sunroom, collecting $2,500/mo. Unit B is a 1 Bedroom / 1 Bath currently rented for $2,000/month on a month to month basis. The rear building is an approximately 5,200 SF* light industrial, 20 clear height, 2 restrooms and 200amp 3 Phase & 220amp 1 Phase power. 2 Wide Roll-Up Doors. 7 parking spaces with a loading dock and multiple storage areas. Seller is willing to carry!!! Preferred Seller Carry terms: Seller will carry $2,195,000 at 6.5% Interest Only, amortized over 25 years, balloon due in 5 years. Buyer are encouraged to submit their ideal carry terms. *Buyer to verify all aspects of the property including square footage, zoning, etc...*
5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena. Two 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 & 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 & 5825-014-002). Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath, & (2) Studio. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.
Comprised of two buildings built-in 1956 on an oversized 21,996 square foot R3-R lot, 309-311 South Baldwin Avenue is a single-story, eight-unit multifamily property with a total living area of 7,432 square feet. Spotted by a signature wishing well, and easily recognizable by residents and fellow investors in the area as a Karyn Jackson building, the meticulously maintained property is separately metered for gas and electric, and offers an on-site laundry facility and three large storage rooms. Parking is in the rear of the property with eight garages with storage bins and a minimum of six open spaces.309-311 South Baldwin Avenue boasts an excellent unit mix with four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. The units are charming and spacious, with central air & heat, ample closet space, and private patios. Several units have been fully renovated, three units have fireplaces (309A, 309D & 311A), and all units have hardwood floors. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS
Welcome to your new investment opportunity in the area of Pasadena! Presenting this well-maintained 5-unit apartment building that offers both comfort and convenience. Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom. Above each of these units lies identical rooms and layouts, providing consistency throughout the building. As you explore further, you'll discover the last 1 bedroom, 1 bathroom apartment tucked away separately from the other four units, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage and a laundry room in the back, enhancing convenience for both tenants and owners alike. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!
Look no further. This is an ideal location with many possibilities . Currently used as Religious Institution. City of Pasadena zones the lot - PSC There is ONE building standing. It is up to Buyer what they intend to do with the building. Once Accepted, Listing Agent will set the date for Buyer to view the inside of the building. This sale is negotiable. Seller is motivated. Offers are welcome.
