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$3,395,000
PW26176341 MLS Active Status
Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.

5529 Dairy, Long Beach

$1,990,000
SR26179839 MLS Active Status
The epitome of a perfect investment opportunity in the heart of Koreatown, 913 South Wilton has hit the market after 35 years. Immaculately maintained by its current owners, this six-unit apartment complex offers a strategic blend of convenience, accessibility and value-add potential to ensure long-term growth for valuation-savvy investors. This prime location provides excellent access to Hollywood, Koreatown, Hancock Park, downtown and the vibrant Westside. One current owner-occupied unit, available for immediate occupancy, could be delivered vacant, creating significant value-add potential. Don't miss this opportunity to acquire an outstanding investment opportunity with the perfect mix of location, value-add potential and long-term growth.

913 S Wilton Place, Los Angeles

$899,000
SR26181311 MLS Active Status
Incredible Income-Generating Multifamily Property in the Heart of Bell! Welcome to 6901 San Luis Ave, an exceptional triplex. The entire exterior shines with fresh new paint, giving it immediate curb appeal. This property features two large 1-bedroom, 1-bathroom apartments, alongside a spacious 2-bedroom, 1-bathroom unit. The 2-bedroom unit has been beautifully refreshed with new flooring throughout the living room and bedrooms, plus a clean, fresh coat of paint. Situated on a generous 6,945 sq ft lot, this property also includes a 3-car garage structure offering massive potential for a future ADU conversion to maximize your rental yield. Located in a high-demand rental market close to local amenities and commuting corridors.

6901 San Luis Ave, Bell

$2,530,000
PW26180162 MLS Active Status
1123 Cedar Avenue presents the opportunity to acquire a well-maintained 11-unit multifamily asset offering an attractive combination of immediate cash flow, operational stability, and long- term upside in Willmore City Historic District. Offered at a 6.55% current cap rate with additional rental upside, the property delivers compelling day-one returns while providing investors with multiple opportunities to further enhance income and overall asset value. Originally constructed in 1964, the property has benefited from extensive system upgrades that substantially reduce future capital expenditure requirements, including new plumbing, new electrical wiring and panels, individual tankless water heaters, upgraded wall furnaces, and a recently sealed roof. These improvements position the asset as a durable, low-maintenance investment with limited near-term deferred maintenance. The property's desirable unit mix of (6) spacious two-bedroom units and (5) one-bedroom units appeals to a broad renter demographic, while current rents remain below nearby market comparables, providing a clear path to future NOI growth through natural tenant turnover. Existing garage income, on-site laundry facilities, and (6) detached garages present potential ADU conversion opportunities, creating an additional long-term value creation strategy. Located just minutes from Downtown Long Beach and the 710 Freeway, the property benefits from exceptional commuter access and sits within a city experiencing significant public and private investment. Continued expansion in aerospace, logistics, healthcare, technology, and infrastructure—including billions of dollars of corporate investment, the growing "Space Beach" employment hub, and extensive preparations for the 2028 Olympic Games—continues to strengthen the city's long-term economic outlook and support sustained rental demand. For investors seeking stable cash flow with meaningful upside, limited capital expenditure risk, and multiple avenues for future appreciation, 1123 Cedar Avenue represents a compelling opportunity to acquire a quality multifamily asset in one of Long Beach's most dynamic rental markets.

1123 Cedar, Long Beach

$899,999
4 Beds 1 Baths DW26181153 MLS Active Status
Welcome to this charming 4-bedroom home, in a clean, quiet, and well - established Whittier neighborhood. This property offers tremendous potential for buyers looking for a home they can update, personalize, and make their own. Enjoy a spacious driveway, ample parking, a welcoming front exterior, and a yard filled with wonderful variety of mature fruit trees, avocado, oranges, limes, guavas, also beautiful all colors plumerias, and more! The property also offers excellent potential for adding additional bathroom, with existing plumbing and water connections already in place. The garage also has plumbing and bathroom area, offering additional possibilities for future use or conversion, subject to city approval and permits. For byers who want to stay closer to Los Angeles and avoid the long commute to Riverside or San Bernardino, this could be an excellent opportunity to own a home in Whittier. Whit its quiet neighborhood, mature fruit trees, spacious parking and tremendous potential, this is an opportunity you won't want to miss. Ask me how you ca buy it with only $500.00!!

11734 Telechron, Whittier

$1,150,000
SB26166589 MLS Active Status
Welcome to a rare mixed use investment opportunity that blends immediate income with exciting future potential. Spanning approximately 4,412 square feet, this versatile property features a highly visible storefront retail space paired with residential units, creating multiple streams of value for investors and owner users alike. The commercial space is currently occupied by a tenant with approximately one year remaining on the existing lease, providing dependable near term income while allowing flexibility for future planning. A major capital improvement has already been completed, with the roof fully replaced approximately four years ago, helping reduce future maintenance concerns. Behind the property, gated parking accommodates approximately seven to eight vehicles, offering a valuable convenience for both tenants and customers. The residential component presents an attractive opportunity to enhance returns, with the two bedroom unit offering rental upside of approximately $2,600 per month, while a possible three bedroom vacancy creates additional repositioning and income growth potential. Whether you're looking to expand your investment portfolio or secure a property with both stability and room to increase value, this is an opportunity filled with possibilities.

2922 -2924 Maple Avenue, Los Angeles

$1,050,000
CV26179181 MLS Active Status
Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential. The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking. At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations. With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time. Conveniently located near shopping, transportation, major freeways, and other local amenities.

6608 Ira, Bell Gardens

$3,800,000
SB26178268 MLS Active Under Contract Status
Exceptional opportunity to acquire a non-RSO, 11 unit apartment building comprised of 9 2-bedroom/2-bathroom units, and 2 one-bedroom/one-bath units, originally built in 1987 and totaling approximately 10,514 square feet of living space. The property currently offers an attractive 5.3% cap rate, with approximately 25% rental upside, presenting investors with the potential to achieve a projected cap rate of up to 7% as rents are brought to market levels. Amenities include assigned parking in a subterranean garage, community laundry facilities, and individually metered gas and electric utilities. The building has also benefited from recent capital improvements such as brand new roof, enhancing the property's condition and reducing near-term maintenance requirements. Ideally located in the heart of Mar Vista, just minutes from Venice Beach and Downtown Culver City. With strong rental demand, significant rental upside, and a highly desirable central location, this asset presents a compelling opportunity for investors seeking both stable current income and long-term value growth in one of Los Angeles’ most dynamic rental markets.

3552 S Centinela Avenue, Los Angeles

$1,550,000
CV26175614 MLS Active Status
Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street. This property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at more attainable price points. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units: 8 studios and 2 one-bedroom/one-bath units (addressed as 1317 Linwood Ave). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 5 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

1317 Linwood, Los Angeles

$350,000
SR26178094 MLS Active Status
**NEW PRICE** Commercial Building and Land For Sale. Previously operated as the White House Drive-In located in Lancaster, CA. This Commercial Building and Land is located on Division St and Pondera St, just North of Avenue J, in Lancaster, CA. The current business, White House Drive In, has been happily serving customers of the Antelope Valley for almost 50 years. This free standing Commercial Property has several commercial uses and could easily be modified for your own use. Some possible end uses could be converted into a drive-thru restaurant, drive-thru coffee shop, quick serve dairy, bar/tavern//cocktail lounge, retail store front, office space or many other end uses. You could put up a fence around the property and use the property for a variety of business ideas. Excellent corner lot with great visibility. Nice paved lot with ample parking on property and street.

44431 Division Street, Lancaster

$1,150,000
CV26176907 MLS Active Under Contract Status
We are pleased to exclusively present a premier mixed-use income opportunity at 1341-1343 E Las Tunas Drive in San Gabriel, CA, offering a strong in-place income stream in the heart of the San Gabriel Valley. This well-positioned property sits at the intersection of two of the submarket's most commercially active corridors — E Las Tunas Drive and Rosemead Boulevard — delivering investors four residential units, one commercial office space with an established nail salon tenant, and an on-site billboard generating additional income. Situated on a ±7,630 SF lot, 1341-1343 E Las Tunas Drive comprises ±1,840 SF of rentable space across four one-bedroom/one-bathroom residential floor plans averaging 460 SF each. The commercial office suite is currently operating as a nail salon, featuring 390 SF of functional retail space, a private restroom, storefront signage, and display window along E Las Tunas Drive — a high-traffic corridor averaging 30,968 daily vehicles — complemented by additional on-site billboard income. The residential units are complemented by a commercial office suite occupied by a nail salon tenant and an on-site billboard, creating a diversified, multi-stream income asset. Units feature functional kitchens with oven ranges and hoods, tile and laminate plank wood flooring, walk-in showers, horizontal blinds, clothing closets, and cabinet storage. Wall air conditioning and heating units provide year-round comfort. Common areas include lush mature landscaping and surface and off-street parking, with the property positioned directly across from Jefferson Middle School. 1341-1343 E Las Tunas Drive is a stable income-producing asset in the San Gabriel Valley, promising a strong return on investment in one of Los Angeles County's most established communities. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

1341 -1343 E Las Tunas Drive, San Gabriel

$2,925,000
PW26176808 MLS Active Status
10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

473 E 55th Street, Long Beach

$1,100,000
PW26176429 MLS Active Status
2505 Malabar Street is a 10-unit multifamily asset in Los Angeles’ Boyle Heights neighborhood. This offering is an excellent acquisition opportunity for an investor seeking value-add potential: current rents are well-below market and present 68 percent rental upside. 2505 Malabar Street is a 1924 construction single-story apartment complex with all one-bedroom/one-bath units. Select units feature interior upgrades and wall A/C units. and the building also offers laundry facilities. The property is located in Boyle Heights with convenient access to major employers and attractions in Downtown Los Angeles, less than a mile to USC Medical Center, and proximate to freeways and the Metro E Line. This area is one of Los Angeles’ most active infill development markets, signaling investor sentiment in the area and its consistent rental demand.

2505 Malabar, Los Angeles

$1,100,000
CV26175060 MLS Active Status
Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades, along with a full bathroom and an additional room. The business is cash-flow positive and operates with multiple alcohol licenses. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.

801 N Marianna, Los Angeles

$1,100,000
CV26175054 MLS Active Status
Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades, along with a full bathroom and an additional room. The business is cash-flow positive and operates with multiple alcohol licenses. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.

801 N Marianna, Los Angeles

$5,999,999
26870785 MLS Active Status Tomato Market BLDG.
10400-10404 S. Prairie Avenue / 3960 W. 104th Street offers approximately 5,880 square feet of improvements on a 14,630-square-foot (+/-), C-2A-zoned lot. Sale to include the existing Tomato Market grocery store and a two-bedroom residential rental, which may help to absorb carrying costs while navigating the entitlement process. The C-2A site offers a variety of uses including heavy commercial, hospitality, and mixed-use, making it an ideal development opportunity. All potential uses are subject to verification and City of Inglewood approvals. Inglewood continues to experience major investment and development activity adjacent to the Billion-Dollar investment at the former Hollywood Park site. SoFi Stadium, Intuit Dome, You Tube Theatre, the Forum and luxury offices and apartment homes are the anchors for this growing Sports and Entertainment District. The planned Inglewood Transit Connector is envisioned as a 1.6-mile elevated automated system linking Metro's Downtown Inglewood K Line station with major activity centers and venues.

10404 S Prairie Avenue, Inglewood

$2,000,000
PW26174771 MLS Active Status
Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator. The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include: 1024 E. Nevada Street – Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company. 1025 E. Burnett Street – Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space. 2420 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair. 2424 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada. With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses. All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.

1024 E Nevada Street, Signal Hill

$770,000
MB26173473 MLS Active Status
WOW! Rare mixed-use opportunity with 2 separate buildings and 4 units total, offering flexibility, excellent parking, and strong income potential! UNIT 1: The property features a beautiful 3-bedroom, 2-bath home with spacious bedrooms, abundant natural light, a cozy fireplace, large glass doors off the dining area, and a private 2-car garage with its own separate alley entrance. A comfortable and inviting residence with plenty of space to enjoy. The second building offers 3 recently remodeled spaces in excellent condition. UNIT 2: The first features 2 rooms and 1 bathroom. UNITS 3 & 4: The other two each offer an individual space with their own bathroom. UNITS 2, 3 & 4 each have 2 parking spaces in the rear with convenient alley access. Ideal for beauty services, tax preparation, legal, paralegal, or other professional uses. ADDITIONALLY: A large additional storage space includes a bathroom and kitchen area, adding even more flexibility to the property. INVESTORS: Excellent opportunity to create multiple income streams from one versatile property! OWNER-USERS: Enjoy the main residence while taking advantage of the income potential offered by the additional spaces! PROPERTY WILL BE DELIVERED COMPLETELY VACANT AND CLEAN AT CLOSE OF ESCROW.

6214 S Western, Los Angeles

$3,580,000
6 Beds 7 Baths OC26173159 MLS Active Status
This exceptional 2015-built Spanish-style estate offers approximately 7,285 sq ft of refined living space on an expansive 16,674 sq ft flat lot, blending timeless architecture, modern luxury, and distinctive Eastern-inspired elegance. Soaring ceilings, custom tinted windows, and abundant natural light create an impressive sense of scale throughout the home. Beautiful wood flooring complements a thoughtfully designed floor plan featuring six en-suite bedrooms, with four upstairs and two on the main level, plus an additional separate bathroom. What truly distinguishes this residence is its remarkable interior character. The sophisticated Spanish architecture is beautifully complemented by an impressive collection of classical Chinese-style furnishings, finely crafted hardwood pieces, traditional decorative elements, and curated artwork, creating an atmosphere reminiscent of a private art collection. From the elegant tea room to the formal entertaining spaces, the home offers a rare fusion of Western architectural grandeur and timeless Eastern aesthetics. The main level features a formal dining room, intimate tea room, spacious home theater, wet bar, and a generous private guest suite ideal for extended family or multigenerational living. At the heart of the home, the gourmet kitchen is equipped with premium stainless-steel appliances, a large center island, and a bright breakfast nook overlooking the grounds. Upstairs, the oversized primary suite serves as a private retreat with dual walk-in closets, a spa-inspired bathroom, and a spacious balcony overlooking the lush backyard and sparkling pool. Three additional en-suite bedrooms complete the upper level. Outdoors, the resort-style grounds feature a swimming pool, built-in BBQ, outdoor entertaining area, and mature landscaping, offering an inviting setting for everything from quiet family gatherings to large-scale entertaining. Meticulously designed and rich in character, this one-of-a-kind estate presents a rare opportunity to experience Spanish-inspired luxury infused with the elegance and cultural richness of classical Chinese design—a home that feels as much like a private collection and gallery as it does an extraordinary residence.

2702 S 10th, Arcadia

$4,200,000
SB26171394 MLS Active Status
Own a piece of the the Hollywood Riviera with this beautiful, well maintained income property. Rare opportunity. Three of the apartments have been re modeled and one is being done now. Located in the highly sought after and vibrant community of Hollywood Riviera, it has a Redondo Beach mailing address and is actually in the city of Torrance. 8 units consist of two 1BR/1BA and six 2BR/2BA. Present CAP is .04%, proforma is .045%. This building is an easy walk to the Hollywood Riviera Village and the beach. Miles of surfing beaches; walking, biking, jogging paths and gorgeous California coastline. Redondo Beach Pier and Marina is a short distance. Located among $million+ homes and condos, fine dining, retail and entertainment. In the Torrance school system, there are several schools nearby. Easy access to 405 & 110 Fwy, LAX and LA Harbor. 11 subterranean parking spaces in the garage with extra storage for each unit, supply storage, a laundry room and a stairway to the courtyard entry. PLEASE DO NOT GO ON THE PROPERTY OR DISTURB OCCUPANTS. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry

6164 S Pacific Coast Hwy, Redondo Beach

$3,500,000
PW26169871 MLS Active Status
235–237 Linden Avenue is an 18-unit multifamily asset located in Long Beach's East Village Arts District, a walkable, supply-constrained Downtown submarket supported by strong renter demand and proximity to employment, transit, and lifestyle amenities. The property features nine (9) studios and nine (9) one-bedroom/ one-bath units, an efficient unit mix aligned with market demand. Originally constructed in 1913, the building retains its historic exterior while offering fully renovated interiors throughout. Ownership has invested approximately $275,000 in capital improvements, including roof upgrades, renovated units, keyless entry, and exterior improvements. As a result, the property offers a stabilized, low-maintenance investment with minimal near-term capital needs. The property boasts a 98 Walk Score and 91 Bike Score, placing residents within walking distance of Downtown Long Beach's restaurants, retail, and entertainment. The East Village Arts District continues to benefit from stable occupancy and rental demand driven by its vibrant local business community and convenient access to the broader Downtown employment base. 235–237 Linden Avenue offers a clear path to value creation, currently priced at a 6.00% cap rate and 9.85 GRM with meaningful room to grow. Through the implementation of RUBS and the achievement of market rents, an investor can push the property to a 7.17% cap rate and 8.76 GRM—a 117-basis-point expansion in yield and more than a full point of GRM compression. This equates to $40,908 of additional annual NOI, a nearly 20% increase in cash flow with no change in basis.

235 Linden, Long Beach

$4,400,000
PW26170001 MLS Active Status
445 E. 3rd Street is a 22-unit multifamily asset located in Long Beach’s East Village Arts District, a dense, walkable submarket within Downtown that continues to attract a steady base of renters driven by proximity to employment, transit, and lifestyle amenities. The property consists of (14) studio units and (8) 1BD/1BA, providing an efficient unit mix aligned with prevailing demand in the area. The seller has invested approximately $530,000 in capital improvements, including interior common areas (hallways, stairwells, keypads), unit interior renovations, new turf and landscaping on exteriors. All unit interiors are completely renovated with designer fixtures and finishes. Approximately $18,200 has been invested per studio unit renovation and ~$19,200 invested per 1BD/1BA renovation. 445 E. 3rd Street is priced at a 5.84% cap rate and 10.10 GRM in place, with clear embedded upside. As rents move to market and RUBS is implemented, the property stabilizes at a 6.82% cap rate and 9.12 GRM—a 98-basis-point expansion in yield and nearly a full point of GRM compression. That equates to $41,075 of additional annual NOI, a 16% increase in cash flow at no change in basis.

445 E 3rd, Long Beach

$4,800,000
PW26169956 MLS Active Status
319 Elm Street is a 24-unit multifamily asset located in Long Beach’s East Village Arts District, a dense and walkable Downtown submarket known for its consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property is comprised of eighteen (18) studio units and six (6) one-bedroom/one-bath units, offering an efficient small-unit mix aligned with the area’s tenant profile. Furthermore, ten (10) on-site parking spaces represent a rare, meaningful amenity in a submarket where parking remains constrained. The seller has invested over $900,000 in capital improvements, including comprehensive electrical upgrades throughout the building, unit renovations, keyless entry on all units, common area enhancements, and exterior improvements. The completion of these upgrades, combined with separately metered utilities, supports a more efficient and predictable operating profile with limited near-term capital requirements. 319 Elm Avenue is priced at a 6.42% cap rate and 10.06 GRM in place, with a clear runway to grow. As rents move to market and RUBS is implemented, the property stabilizes at a 7.28% cap rate and 9.20 GRM—an 86-basis-point expansion in yield and a full point of GRM compression. That translates to $44,075 of additional annual NOI, a 14% increase in cash flow at no change in basis.

319 Elm, Long Beach

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.