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$1,750,000
AR26194307 MLS Active Status
Presenting 2730 Penn Mar Ave, an exceptional multifamily investment opportunity in El Monte, CA. The property features seven 1-bedroom/1-bathroom cottage-style units, offering a unique charm. The property boasts new electric subpanels and is separately metered for gas and electricity, simplifying management and maximizing efficiency. With onsite parking for seven vehicles and onsite laundry facilities, the property provides added convenience for tenants. 2730 Penn Mar Ave offers significant upside in rental income through market rent adjustments and the potential to add two ADUs, enhancing long-term value and cash flow. Private financing is available, offering flexibility for qualified buyers. Ideally located with easy access to both the 10 and 60 Freeways, the property ensures strong rental demand and commuter appeal. This is a rare opportunity to acquire a stabilized, well-maintained asset with built-in value-add potential in a high-demand rental market.

2730 Penn Mar, El Monte

$5,485,000
SB26194031 MLS Active Status
An exceptional opportunity to acquire a meticulously remodeled 11-unit apartment building in one of Santa Monica’s most coveted North of Wilshire locations. 1017 5th Street offers the rare combination of a true trophy-quality location, high-end renovated units and investment returns that are exceedingly difficult to find in prime Santa Monica. Offered at $5,485,000, the property generates a compelling 5.39% current cap rate and 13.07 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 6.69% cap rate and 11.03 GRM, with roughly 19% remaining rental upside. The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.

1017 5th, Santa Monica

$1,699,000
SB26192450 MLS Active Status
Location truly sets this exceptionally well-maintained five-unit property apart. Positioned on a beautifully landscaped corner lot just one short block from the ocean bluffs in San Pedro’s highly desirable Palisades neighborhood, the building offers a rare opportunity to own an income property in a premier coastal setting. Several units feature ocean views, while all residents enjoy refreshing afternoon breezes and the year-round coastal climate. The property includes a spacious ground-floor owner’s unit featuring two bedrooms, two bathrooms, a fireplace and peeks of the ocean. For an owner-occupant buyer, the seller will consider providing a credit at the close of escrow to help offset applicable tenant relocation costs. Major improvements completed in 2020 include a new roof, upgraded electrical panels, fresh exterior paint and refreshed landscaping. Parking includes four garage spaces plus off-street parking for two additional vehicles. With no residential units above the garages and a flat-roof configuration, the property may also offer potential to construct one or more ADUs above the garage area, creating an opportunity for additional income and long-term value (buyer to independently investigate and verify all development possibilities with the appropriate agencies). A community laundry room with coin-operated machines serves the residents. Remarkably, this five-unit coastal property is offered at a price below what some single-family homes are selling for in the surrounding area—an exceptional value for investors and owner-users alike. Located near bluff-top parks, coastal walking trails and nature preserves, this is an outstanding opportunity to acquire a legacy property in a setting that would command a substantial premium in many neighboring beach communities. Drive by and explore the neighborhood to fully appreciate just how special this coastal location is.

3644 Almeria Street, San Pedro

$1,599,900
WS26193341 MLS Active Status
Beautiful four bedrooms in excellent and convenience location of El Monte. Walking distance to Valley Blvd and Baldwin Ave. Easy access to freeway. All units are two bedrooms, one bath. Each unit is spacious. Three units are about 850 SF. One unit a stand alone building comprising of 910 SF. All units with long term tenants and each unit assigned parking. All units have remote air conditioning units. El Monte city does not have local rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Buyer and agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the condition, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

4019 Shirley Avenue, El Monte

$2,075,000
SB26192509 MLS Active Status
3956 W 27th Street presents an attractive 8-unit multifamily investment opportunity in the desirable West Adams area of Los Angeles. The property features eight spacious 1-bedroom/1-bathroom units, all of which have been renovated. Current ownership has completed extensive improvements since acquiring the property, including significant electrical upgrades and replacement of the original cloth-insulated wiring throughout all eight units. Six units include assigned on-site parking, while the two units without parking feature in-unit laundry, with the ability to add laundry to the remaining units. Ideally located near West Adams Boulevard and Crenshaw Boulevard, the property offers convenient access to USC, Metro transit, the I-10 Freeway, Culver City and Downtown Los Angeles. With its renovated interiors, desirable unit mix, continued rental upside and central location, 3956 W 27th Street offers investors a well-positioned multifamily asset in one of Central Los Angeles' most desirable neighborhoods.

3956 W 27th Street, Los Angeles

$1,838,000
AR26193188 MLS Active Status
Location!! Location!! Location!! This is a 3-unit property with R-3 zonning. Conveniently located near all the Shopping Malls, Restaurants, Banks, etc. The property is also in close proximity to Temple City Unified schools, making it an exceptional opportunity that should not be overlooked. The front house comprises two units, each featuring 1 Bedroom and 1 Bath. These units, located at 6217 and 6219, are spread across approximately ~1,234 sq ft and have their own electric and gas meters. The back unit, located at 6221, is approxmately ~972 sq ft and is situated above a three-bay, approximately ~864 sq ft garage with a shared laundry room. This unit includes 2 Bedrooms and one Bathroom. One unit has been recently updated, providing a modern and comfortable living space for Tenant. In addition, Seller already has fully entitlement for 2 Duplexes (4 Units) with only one shared wall for each Unit that are ready to build by end of 2026. The new Plan showed a beautiful rear Backyard for all the Home Owners to enjoy and relax after their busy day. Unit #1 is 1,905 SF with 3 Bedrooms and 3 Baths; Unit #2 is 1,968 SF with 4 Bedrooms and 4 Baths; Unit #3 is 1,968 SF with 4 Bedrooms and 4 Baths; and Unit #4 is 1,842 SF with 3 Bedrooms and 3 Baths. All Units with their own 2-Car Garage. It is a great opportunity for Investors or Builders to build their own Condos to either sale or keep as your long-term Rental Properties.

6217 Temple City Boulevard, Temple City

$2,200,000
WS26192762 MLS Active Status
Rare One-of-a-kind Opportunity!!...... Live in an expansive, upgraded townhouse-style owner's residence while generating immediate income from five additional rental units of $8,583/month...... The impressive owner's unit is situated at the front of the property and offers approximately 3,441 sqft of thoughtfully designed living space. Featuring 6 bedrooms, 4.5 bathrooms, a home office, and a craft/utility room at the garage level. A grand double-door entry opens to a bright, airy floor plan where the foyer seamlessly connects the living room, formal dining room, and gourmet kitchen, creating the perfect setting for both everyday living and entertaining. The beautiful kitchen features new cabinets, new appliances, new elegant quartz countertops, modern fixtures, recessed lighting, and a convenient breakfast counter. The approximately 400 sqft private covered deck, offers an exceptional outdoor retreat for entertaining, relaxing, gardening. The attached two-car garage with direct access includes private laundry hookups and a utility sink for convenience. The owner's residence has been extensively upgraded with new kitchen, high-end waterproof laminate flooring (2026); Two central A/C and heating systems (2025); Newer water heater; a remodeled walk-in bathroom; Recessed lighting in the living and formal dining rooms...... In addition to the owner's residence, the property includes five spacious 2-bedroom, 1-bath rental units, approximately 875 sqft each. The units are equipped with its own central AC and Heating (installed between 2018 and 2025), One assigned parking space for each unit; on-site coin-operated laundry; newer roof (2024)...... Ideally located on a well-known street in the historic Angelino Heights/Echo Park neighborhood, this property is just minutes from Downtown Los Angeles, major employment centers, restaurants, entertainment, and cultural attractions. Commuters will appreciate the convenient access to the 101, 110, 210, 2, 5, and 10 freeways, making travel throughout Southern California quick and convenient. Whether you're seeking a spacious owner-occupied residence with strong rental income or an exceptional long-term investment, this one-of-a-kind property offers an unmatched combination of size, location, and income potential...... Don't miss this rare opportunity to own an exceptional multi-family property in one of Los Angeles' most desirable historic neighborhoods!

728 E Kensington, Los Angeles

$1,550,000
CV26192417 MLS Active Status
Constructed in 1951, the property sits on a ±6,250 square-foot lot with a total building size of ±3,125 square feet. Positioned at the intersection of South Bushnell Avenue in central Alhambra, the property benefits from immediate proximity to Valley Boulevard and Fremont Avenue, two of the area's primary retail corridors. The location offers exceptional connectivity, with convenient access to the 10 and 710 Freeways, and is minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park, San Gabriel, and Temple City. The property features an ideal unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, averaging 781 square feet per unit. Each residence has been thoughtfully updated and features renovated interiors with fully equipped kitchens, updated cabinetry, tile flooring, recessed lighting, upgraded bathroom sinks and showers, split air conditioning units, laminate wood flooring, and vertical blinds. On-site covered parking is available for all residents with ample street parking. The property presents a well-maintained exterior with newer exterior paint and mature, lush landscaping throughout. 221 S Bushnell Avenue is a well-maintained, income-producing fourplex located in one of the San Gabriel Valley's most desirable residential submarkets.

221 S Bushnell Avenue, Alhambra

$1,850,000
OC26180470 MLS Active Status
701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated 400amp electrical meters & panels. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. ACTUAL 9.4 GRM / 7.5% CAP RATE!

701 Crenshaw, Los Angeles

$3,300,000
AR26191591 MLS Active Status
2ND Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.7% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

$2,275,000
PW26190137 MLS Active Status
Pride-of-ownership, clean and well-maintained are just a few words to describe this 6-unit jewel box apartment property ideally located adjacent to Century City within one of Los Angeles’ most desirable rental corridors. Featuring an attractive mix of spacious 4 one-bedroom and 2 two-bedroom units and with unit sizes averaging approximately 1,000 square feet per unit, 1975 S. Beverly Glen is defined by spacious floor plans and generous private balconies/patios that enhance tenant appeal and support premium market rents. The property offers residents convenient access to Westwood, Beverly Hills, and Century City's premier dining and shopping. 5 of the 6 Units have been updated with hard-surface flooring, expanded wood cabinetry, while the remaining rental upside provides investors with approximately 20% improvement from current to market. Ownership has also made substantial investments in the building’s infrastructure, including a COMPLETE ELECTRICAL SYSTEM REPLACEMENT in 2025, copper re-piping throughout, and full completion of the soft-story seismic retrofit. Delivered with 1 VACANT Two-Bedroom Unit.

1975 S Beverly Glen, Los Angeles

$1,630,000
PW26190928 MLS Active Status
Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below market — creating additional upside through natural turnover. The property is well-positioned for continued rent growth in one of Long Beach's strongest rental corridors. Key highlights include a pitched roof, upgraded electrical, on-site laundry, and four dedicated parking spaces — a rare amenity in this submarket that drives leasing demand and tenant retention. Additional income is generated through parking and laundry facilities. The on-site garage presents a compelling ADU conversion opportunity (Buyer to verify with City), offering a clear path to increased density and long-term asset appreciation. Do not disturb tenants.

1136 Linden Avenue, Long Beach

$3,000,000
SR26188226 MLS Active Status
Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to buyer verification and applicable city requirements. The property's location is another significant advantage. Situated with convenient access to Downtown Los Angeles, USC, the Los Angeles Convention Center, Metro rail, and the 110 Freeway, residents benefit from proximity to major employment centers, educational institutions, entertainment, sporting and convention venues, public transportation, and the many amenities of central Los Angeles. For investors, the combination of 20 units, separate enclosed kitchen rooms, separately metered utilities, extensive electrical and plumbing upgrades, complete re-roofing, newer water-heating equipment, security cameras, monitored fire protection, and additional basement space creates an appealing multifamily investment opportunity.

331 W 45th Street, Los Angeles

$3,349,000
SB26190326 MLS Active Status
526–534 W 47th Street presents an opportunity to acquire two neighboring apartment buildings totaling 19 units in a central Los Angeles location. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the property’s existing income. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates the state requirement for an on-site resident manager. Conveniently located near the 110 Freeway, USC, Exposition Park, the Los Angeles Memorial Coliseum and Downtown Los Angeles, this offering provides attractive scale, immediate vacant-unit potential and meaningful long-term rental upside.

526 534 W 47th St, Los Angeles

$1,699,000
DW26188832 MLS Active Under Contract Status
**PRIDE OF OWNERSHIP** Beautifully Maintained 6 unit complex across from South Gate Park, Azalea Center and Transportation. **1st time on market in 47 years!! RE-PIPE entire building 2022 / New dual pane windows 2016 / New exterior paint 2016 / New Roof 2010 / New Synthetic Grass in front 2020 / New Vinyl fencing 2022 / Unit A - Ideal for owner Large 2 bd. 1 1/2 ba, Den, Fireplace completely remodeled 2020 / Unit B - 2 br. 1 ba completely remodeled 2017 / Unit C 2 br. 1 ba completely remodeled 2026 / Unit D - 2 br 1 ba completely remodeled 2020 / Unit E 2 br. 1 ba / Unit F 2 br. 1 ba completely remodeled 2022. Carport Parking listed as total 6 spaces ( 5 spaces are tandem parking and can fit 2 small cars each space) Laundry Room on site. This Great Building offers Low Deferred Maintenance making it a stabilized and well positioned asset in a strong rental market. With asking price of $1,699,000 the property offers a current Cap Rate of 6.79% and a GRM of 11.5 **Drive by Only!!** DO NOT DISTURB TENANTS! Subject to interior inspection with accepted offer only! Information deemed reliable but not guaranteed. All representations, measurements, and specifications are subject to independent verification. Buyer must perform their own due diligence regarding all aspects of the property, included but not limited to utility connections, zoning compliance, environmental factors, and structural integrity. Seller and listing broker make no warranties, expressed or implied.

8981 Hildreth Avenue, South Gate

$7,600,000
OC26184407 MLS Active Status
The Mogharebi Group is pleased to present the exclusive offering of 1757 N Kingsley Drive, a 27-unit multifamily investment opportunity strategically located at the intersection of Hollywood, Los Feliz and East Hollywood. The property is offered at $7,600,000 and consists of approximately 13,168 rentable square feet on a 0.42-acre lot. Built in 1968, the property features a desirable unit mix heavily weighted toward one-bedroom apartments. The unit mix consists of 20 one-bedroom/one-bath units, six studios and one two-bedroom/one-bath unit. The property is well maintained and partially renovated, with select interiors featuring quartz countertops, stainless steel appliances, designer backsplashes, laminate/hardwood flooring, double-pane windows and modern finishes. The property's earthquake/seismic retrofit has been completed, providing a significant capital improvement for the next owner. Community amenities include a swimming pool and spa, outdoor BBQ/picnic area, controlled-access entry, on-site laundry and 27 parking spaces, providing a 1:1 parking ratio. At the asking price, the offering reflects a 5.32% current/pro forma capitalization rate with approximately 9.8% loss-to-lease, providing an investor with meaningful potential to increase NOI as rents are recaptured. The property was reported at 100% occupancy in the offering financials. The location provides excellent access to the Hollywood/Western Metro station, the 101 and 5 Freeways and major employment and entertainment centers. Nearby employers and institutions include Netflix, Paramount, CBS, Capitol Records, Sunset Bronson Studios, KTLA and LA DWP, while Target, Ralphs, Starbucks, Chase Bank and other daily amenities are within the surrounding walkable neighborhood. 1757 N Kingsley Drive offers investors the opportunity to acquire a well-located Hollywood multifamily asset combining existing cash flow, rental upside, completed seismic improvements, a strong unit mix and long-term investment fundamentals in one of Los Angeles' most established rental submarkets.

1757 N Kingsley, Los Angeles

$650,000
SR26186494 MLS Active Status
Mixed-use value-add opportunity in South Los Angeles consisting of six units, including five residential units and one commercial space. The property contains approximately 4,268 SF of net rentable building area on a 5,227 SF lot and offers a combination of existing income and significant potential for future rent growth. The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals. Located in a central South Los Angeles location with convenient access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The property's mixed-use configuration, existing residential units, garage area, and potential for increased rental income provide multiple avenues for long-term value creation.

5324 S Hoover, Los Angeles

$2,000,000
SB26186531 MLS Active Status
Prime value-add investment opportunity just 1.5 miles from SoFi Stadium: 9 total units (4 duplexes plus a separate house) on a large 19,653 sqft lot, priced at a 14.68 GRM with an estimated 45% upside in rental income. The back house was built in 1924 and the 4 duplexes were built between 1955 and 1960. 2 of 9 units are already remodeled with some remaining units featuring upgraded flooring and/or kitchen cabinets. Full electrical system replacement completed in 2024. The lot offers 8 enclosed carport spaces plus a separate oversized garage, ideal for ample parking or a potential ADU opportunity (buyer to verify with city). All units include in-unit washer/dryer hookups. A strong candidate for value-add investors or 1031 exchange buyers near one of LA's fastest-growing entertainment corridors.

10901 S Freeman, Inglewood

$2,600,000
PW26185730 MLS Active Status
First time being sold in 36 years. Long term pride of owner. Located just one block from the sand in the heart of Belmont Heights. Separately metered for gas and electric. 5 private off street parking spaces in back. 3632 E. 1st Street presents a rare opportunity to acquire a trophy five unit apartment building in one of Long Beach's most sought after neighborhoods. Built in 1923, this pride of ownership asset spans approximately 4,771 square feet on a 5,793 Sq. Ft. lot and offers the perfect combination of timeless character, irreplaceable location, and long term investment potential. Positioned moments from Belmont Shore, Alamitos Bay, and the vibrant shops and restaurants along 2nd Street, residents enjoy an exceptional beach lifestyle with walkability to local dining, coffee shops, boutique shopping, and the scenic shoreline. Opportunities to own apartment buildings this close to the beach are exceptionally limited, making this an ideal addition to any investment portfolio or owner occupied user. Whether you're seeking stable income, future rental upside, or a legacy asset in an A+ coastal location, 3632 E. 1st Street checks every box.

3632 E 1st, Long Beach

$999,000
PV26186701 MLS Active Status
Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! 1978-construction, 6-car garage parking. 3-bedroom 2-bathroom two-story unit in the front, and 4 x 2-bedroom 1-bathroom units in the rear, above the garages. Ample parking for all units, plus driveway space. Newer-style construction for the neighborhood. Pride of ownership property, with great long-term tenants and ease of management for a new owner.

456 Solano Avenue, Los Angeles

$1,699,000
PW26185960 MLS Active Status
Excellent investment opportunity near Downtown Torrance! This Five unit apartment property offers a desirable unit mix consisting of a 2 bed/1 bath front residence, three additional 2 bed/1 bath units, and one 1 bed/1 bath unit. The rear four units are situated above the carport/parking area, providing an efficient use of the property and ample on site parking with 10 total spaces, including 5 carport spaces. Conveniently located near Downtown Torrance with easy access to shopping, dining, transportation, American Honda's Torrance operations, the redevelopment of the former Toyota campus, and numerous South Bay employment centers. A great opportunity for an investor looking to add a well located multifamily property to their portfolio.

1527 Torrance, Torrance

$3,700,000
PW26185715 MLS Active Status
Prime 16-unit multifamily investment opportunity in the City of Bell. The property features 15 one-bedroom units and one two-bedroom unit, approximately 8,676 square feet of building area on a 16,144 square foot lot, and 20 uncovered parking spaces. Built in 1962, the property offers a desirable unit mix, strong in-place rental income and meaningful long-term rental upside. Conveniently located near major employment centers, schools, shopping and transportation, with easy access to the 710, 5, 101, 105 and 60 freeways. An excellent opportunity for an investor seeking a well-located multifamily asset with value-add potential in a strong rental market. Buyer to independently verify all property information, income, expenses, unit count, square footage, permits and rental data.

6607 Otis, Bell

$1,250,000
AR26185682 MLS Active Under Contract Status
Prime Pasadena location near Madison Heights, Metro Gold Line and Old Town Pasadena. Offering an excellent opportunity to own a four-unit multifamily property in a highly desirable area. The property consists of four studio apartment with 1 bathroom each, providing a total of four units, along with four detached carport parking spaces. Each unit offers a straightforward layout with strong potential for updating and repositioning. The property is located on a prime Pasadena street, close to shopping, restaurants, transportation, and many of the amenities that make Pasadena such a sought-after market. While the property is in need of updating, this is an opportunity to invest in the location and underlying potential of the property. The property is zoned RM-32-HL-1, offering potential for additional development, including the possibility of adding another unit or pursuing a new construction project, subject to city approval and applicable zoning requirements. With four existing units, dedicated carport parking, a desirable Pasadena location, and potential for future development, this property presents an attractive opportunity for an investor, owner-user, or developer looking to add value in one of the San Gabriel Valley's most established markets. Buyer to verify zoning, development potential, permits, square footage, and all property information with the City of Pasadena and appropriate professionals.

264 E Glenarm, Pasadena

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.