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***PRICE REDUCED ADDITIONAL $500,000*** We are pleased to present the Terraces at the Summit, a 50-unit value add apartment building located at 14556 Magnolia Boulevard in Sherman Oaks, California.  Current rents are approximately 22% under market providing a new investor the opportunity to renovate units and common areas in order to maximize rental income.  Built in 1961, the property features a favorable unit mix consisting of (17) studio/one-bathroom units and (33) one-bedroom/one-bathroom units.  Units feature wood flooring, granite countertops, dishwasher, microwave and floor to ceiling living room windows (select units).  Property amenities include secured access, pool, grill/picnic area, lounge, fitness center, laundry facility, elevator and gated subterranean parking.   The 39,198 square foot building sits on a large 0.57 acre lot that is LAR3 zoned.  The Terraces at the Summit is located in Sherman Oaks, one of the best rental submarkets in Los Angeles County with historically low vacancy rates.  The property is in close proximity to grocery stores, restaurants and retail on Van Nuys Boulevard as well as vibrant cafes, fine dining, high-end chic retail and nightlife on nearby Ventura Boulevard.  The property is conveniently located near the 405 and 101 freeways and just a short drive to major job centers such as Woodland Hills, Encino, North Hollywood, Burbank and Glendale.
#24427717

Sherman Oaks

14556 Magnolia Boulevard

35 Beds

None Baths

39,198 Sq.Ft.

$10,450,000

MLS#: 24427717

Italian Villa meets California Coastal! Thoughtfully designed with 5 beds and 4.5 baths on nearly 4000 sqft, this home is ideal for entertaining guests while watching the sunset over the Hermosa Beach horizon from almost every room. This three story home features stone laid archways, marble and walnut hardwood flooring, a pool table room, rooftop lounge and five parking spaces. The main level brings you into the expansive living area that's open to the gourmet kitchen, dining room and leads you out to the beachfront patio. Opened by the retracting glass doors, the patio has a built-in barbeque, fire pit and fountain; perfect for entertaining on the Strand. The circular staircase or elevator will take you to the top level that includes two guest suites and a large primary suite with a walk-in closet, private ocean view deck, double marble sinks, walk-in shower and hot tub. Downstairs on the first level, guests have ultimate privacy with two additional guest suites, a laundry room and 2 car garage with a storage room. Located in the heart of Hermosa Beach and right on the Strand, it's a short stroll or bike ride to Hermosa, Redondo or Manhattan beach piers. This stunning luxury home and a true landmark on the Strand awaits the most discerning buyer to enjoy.
#ML81953042

Hermosa Beach

100 The Strand

5 Beds

4 Baths

3,764 Sq.Ft.

$10,450,000

MLS#: ML81953042

Recently completed and custom built brand new 2023 construction set next to the Palisades Village. Meticulously designed and crafted with a fresh chic contemporary spin on the new transitional style with thoughtful timeless design and high-end finishes that will please the most discerning luxury buyers. Disappointed by those narrow small lots in the Alphabet streets? Well here is your chance! This impressive home rests on one of the few oversized 60-foot wide 9,007-square-foot lots in this neighborhood. This 60-foot wide lot allows for a uniquely open and expansive 3-level floor plan totaling almost 7,700 square feet of absolute luxury coastal living. With an abundance of natural light throughout and quintessential Southern California indoor-outdoor flow, this finely crafted home features 6-bedroom suites, 9-bathrooms, two family rooms, a movie theater, a gym, an elevator, three fireplaces, a huge laundry room with double sets of washers/dryers, ample storage areas, formal living room, formal dining room, a breakfast nook and an expansive open kitchen with center island, Wolf/Sub-Zero appliance package, and double dishwashers. The oversized main-level family room is seamlessly connected to the kitchen and opens up to a vast grassy backyard with a pool, spa, water features, and motorized pool cover. It's the perfect summer playground with swimming, a hot tub, poolside lounging, kids at play, and large-scale family entertainment. An exterior staircase also connects the backyard to the lower level of the house for easy access to the game room, movie theater, and much more. The primary suite offers a wide deck that overlooks this enormous backyard and is completed with a spa-like bathroom and walk-in closet that rivals the size of a large bedroom. Enjoy additional and welcoming outdoor living, entertaining, cool ocean breezes, and relaxation on a spacious rooftop deck with mountain and some ocean views. Just two blocks away is the coveted Palisades Village, renowned for trendy boutique shopping experiences, award-winning restaurants for casual and fine dining, artisan coffee shops, private workout studios, a movie theater, and Erewhon. Also, just moments away from this luxury home are acclaimed public and private schools, ocean-view bluffs, a large park, and a recreation center, plus seemingly endless outdoor activities including hiking, mountain biking, beach days, and bike paths. This Pacific Palisades enclave is the only small "beach-town" feeling neighborhood and is ideal for the ultra-high-end homeowner that wants access to all of the Westside action yet loves secluded luxury coastal living as well.
#23288015

Pacific Palisades

751 Swarthmore Avenue

6 Beds

9 Baths

7,639 Sq.Ft.

$10,450,000

MLS#: 23288015

Magnificent Ojai estate nestled on approximately 3.8 acres, offering sweeping views of the Topa Topas, masterfully merges timeless old-world aesthetics with contemporary California artistry. This exquisite Mediterranean-style residencedesigned by acclaimed architect Marc Whitmanis a rare offering that combines privacy, elegance, and craftsmanship at the highest level. Curved lines, arched doorways, and cathedral ceilings set a tone of quiet grandeur. Inside, every detail has been meticulously curatedfrom solid walnut flooring and bespoke cabinetry to imported Spanish tiles, hand-forged chandeliers, and custom windows and hardware. The expansive living room, featuring multiple seating areas, a fireplace, and French doors, opens to a private library and a sunlit patio, perfect for indoor-outdoor living. The gourmet kitchen, with top-tier appliances and panoramic views, is both a culinary haven and a gathering place. The primary suite is a sanctuary with two sitting areas, a fireplace, double doors to a private terrace, stunning mountain vistas, generous closets, and a spa-inspired bathroom. Three guest bedrooms, each with ensuite bathrooms and access to patios and gardens, offer ultimate comfort and privacy. A fifth bedroom occupies the top levelcomplete with a loft, fireplace, and two balconiesideally suited for an office, studio, guest retreat, or live-in support. With multiple bedroom suites and separate living zones, the estate offers exceptional flexibility for multi-generational living or those seeking refined personal space. The top-level suite also serves as a unique option for a private executive office or creative retreat. Seamless transitions from the interior to the outdoorsthrough French doors and strategically placed terracesextend the living experience to sunlit decks, lush gardens, and an inviting pool area. Whether envisioned as a full-time residence, a luxurious second home, or a legacy investment, this estate is a rare opportunity to own an architectural masterpiece in one of Ojai's most exclusive enclaves.
#23301987

Ojai

561 Saddle Lane

5 Beds

5 Baths

N/A

$10,450,000

MLS#: 23301987

Sophisticated north of Montana modern recently redone and designed by acclaimed Hatch architects. Gated front driveway and pathway lead to an oversized massive pivot door that opens into a gallery like space. Immediately as you enter you will notice a statement staircase that leads your eye to the centerpiece of the home: a skylight with an ode to artist James Turrell. Perfect floor plan with two bedrooms on the main level and 4 bedrooms up. Main level features formal living room with true pocket doors that lead to large front courtyard with fire pit, dining room with the same, and large family room / kitchen combo. Boffi kitchen outfitted with Gaganeu appliances and stunning massive glass transom window backsplash that makes it look like up cabinets are floating. Upstairs, the primary suite commands the second level with a private terrace, spa-like bath with imported Volakas marble, Steam shower, and dual oversized Poliform walk-in closets. Large additional bedrooms with one that opens up to its own private  rooftop terrace. Rear of the home has a beautiful backyard with built in kitchen, seating around a fire pit and large grassy yard with room for a pool. Located close to Brentwood Country Mart and Montana Ave shops.
#25494759

Santa Monica

251 21st Street

6 Beds

6 Baths

5,217 Sq.Ft.

$10,450,000

MLS#: 25494759

Welcome to SOL! Walking distance to the beach, this ocean view new construction jewel is situated on a prime 1/2 acre lot in coastal Solana Beach. With the Cedros Design District at your footsteps, enjoy the best eateries, shops & attractions at any time. Developed by The RMCI Group and designed by EOS Architecture, 521 S Rios is a luxury compound with 2 structures totaling 6,731 sf: a 6,206 sf 6BR/9BA main house and a 1BR/1BA 525 sf guesthouse/ADU. High-end architectural details abound with a Teak pivot entry door, 11’ ceilings accentuated by Kuzco + Fifth Avenue light fixtures, glass floating stairs, stone columns and walls, French oak gray wash wood floors and Lutron lighting system to set the stage for any mood. Awake multi-sliding doors take you from the indoors to the outdoor living area in the style of a high-end hotel with a 40’ pool, 10’x10’ spa, outdoor kitchen, dining area, bar seating, flat screen TV, firepit, acid etched concrete patios and multiple seating areas. The kitchen offers a full-range of luxury built-in appliances: Sub-Zero refrigerator and wine refrigerator, Gaggenau induction 6-burner gas cooktop, Wolf microwave drawer, 2 Miele dishwashers and butler pantry. The Master Suite features expansive ocean views from the deck, a gas fireplace with porcelain slab surround, 2 custom walk-in closets, Sub-Zero refrigerator with custom panels, coffee bar and electric sun shades and a master bath with porcelain tile floors, a spacious shower with rain showerheads and a soaking tub.  The ADU offers a versatile floorplan, wet bar and access to the outdoor living area and firepit, maintaining the same sense of luxury and modern comfort found throughout the rest of the home. Come experience a contemporary compound that has no equal.
#230012883SD

Solana Beach

521 S Rios Ave

7 Beds

6 Baths

6,731 Sq.Ft.

$10,450,000

MLS#: 230012883SD

Magnificent Ojai estate nestled on approximately 3.8+/- acres, offering sweeping views of the Topa Topas, masterfully merges timeless old-world aesthetics with contemporary California artistry. This exquisite Mediterranean-style residence--designed by acclaimed architect Marc Whitman--is a rare offering that combines privacy, elegance, and craftsmanship at the highest level. Curved lines, arched doorways, and cathedral ceilings set a tone of quiet grandeur. Inside, every detail has been meticulously curated--from solid walnut flooring and bespoke cabinetry to imported Spanish tiles, hand-forged chandeliers, and custom windows and hardware. The expansive living room, featuring multiple seating areas, a fireplace, and French doors, opens to a private library and a sunlit patio, perfect for indoor-outdoor living. The gourmet kitchen, with top-tier appliances and panoramic views, is both a culinary haven and a gathering place. The primary suite is a sanctuary with two sitting areas, a fireplace, double doors to a private terrace, stunning mountain vistas, generous closets, and a spa-inspired bathroom. Three guest bedrooms, each with ensuite bathrooms and access to patios and gardens, offer ultimate comfort and privacy. A fifth bedroom occupies the top level--complete with a loft, fireplace, and two balconies--ideally suited for an office, studio, guest retreat, or live-in support. With multiple bedroom suites and separate living zones, the estate offers exceptional flexibility for multi-generational living or those seeking refined personal space. The top-level suite also serves as a unique option for a private executive office or creative retreat. Seamless transitions from the interior to the outdoors--through French doors and strategically placed terraces--extend the living experience to sunlit decks, lush gardens, and an inviting pool area. Whether envisioned as a full-time residence, a luxurious second home, or a legacy investment, this estate is a rare opportunity to own an architectural masterpiece in one of Ojai's most exclusive enclaves.
#V1-29227

Ojai

561 Saddle Lane

5 Beds

5 Baths

10,771 Sq.Ft.

$10,450,000

MLS#: V1-29227

NEW BUILD IN HIGHLY SOUGHT AFTER OPAL CLIFF DR LOCATION, OPTIMALLY SITUATED AT THE 100 YEAR BLUFF SETBACK (50+FEET FROM THE BLUFFS EDGE). INFLUENCED BY THE OCEAN VILLAS OFF THE COAST OF SPAIN,  THIS 3373 SQUARE FT OCEANFRONT ANDALUSIA. THE MOMENT YOU ENTER, YOU WILL BE INSPIRED BY THE VIEWS AND THE TASTEFUL USE OF NATURAL MATERIALS.  FORGED IRON FIXTURES, NATURAL STONE, HANDMADE SALTILLO TILE, MESQUITE, ALDER, AND WORMWOOD ARE SEEN THROUGHOUT. THIS HOME FEATURES FOUR EN-SUITE OCEAN VIEW  BEDROOMS,  2 HALF BATHS, AN ELEVATOR, OFFICE, AND UTILITIES ON BOTH FLOORS.  THE KITCHEN IS APPOINTED WITH THE FINEST OF AMENITIES AND ANCHORED BY A STUNNING IJEN BLUE STONE ISLAND.  WARMTH RADIATES FROM THE CUSTOM CABINETRY COMPLIMENTED BY HARDWOOD FLOORS AND VAULTED BEAM CEILINGS.  A CUSTOM  BUILT BEVERAGE CENTER FEATURES  ROLL OUT LIGHTED DRAWERS, A MIELE WINE COOLER AND A PERLICK BEVERAGE REFRIGERATOR.  THE PRIMARY SUITE OFFERS FULL OCEAN VIEWS AND VAULTED BEAM CEILINGS AS WELL AS A FIREPLACE. SLIDING DOORS ACCESS THE UPPER DECK. EASY ACCESS FROM BOTH LEVELS TO OCEAN VIEWS, SURFERS AT SHARKS COVE, AND GLIMPSES OF SEALIFE. RELAX IN THE SPA, COMMUNE AROUND THE FIRE PIT OR JUST BASK IN THE WARM SUN ON THE PATIO OR DECK. TRULY ONE OF THE FINEST CUSTOM HOMES ON OPAL CLIFF EVER OFFERED.
#ML81965583

Santa Cruz

4190 Opal Cliff Drive

4 Beds

4 Baths

3,373 Sq.Ft.

$10,450,000

MLS#: ML81965583

This stunning contemporary home designed by Guy Dreier is nestled on a lake within BIGHORN Golf Club on the Canyons golf course. A beautiful mix of warm woods and rich surfaces make this piece of artwork a lovely home. Electronic gate, private driveway, onsite parking and sculptural landscaping set the tone upon arrival. Amberino, Scorpio and African Ivory granite, along with Anigre cabinetry, Beaumaniere limestone and custom glass are thoughtfully mixed throughout. Generous bedroom suites, outdoor living, oversized finished garage, Savant Pro Home Automation. Furnishings, also designed by Guy Dreier, included.
#219052881DA

Palm Desert

638 Pinnacle Crest

4 Beds

5 Baths

8,879 Sq.Ft.

$10,450,000

MLS#: 219052881DA

Introducing a masterpiece of coastal Newport Beach living, this luxury oceanfront property stands as a testament to modern elegance and meticulous craftsmanship. Newly built from the ground up, every detail of this home exudes sophisticated relaxation. Upon entry, guests are greeted by a seamless fusion of indoor-outdoor living, courtesy of Fleetwood windows and La Cantina doors that frame breathtaking views of the Pacific Ocean. The extra-large oceanfront patio invites relaxation around a cozy fire pit, perfectly positioned to enjoy the sound of waves crashing against the shore, while an expanded rooftop top deck offers panoramic views of the coastline, ideal for basking in the beauty of the sunset or entertaining guests. A sizable, fully covered California room allows an elegant setting with a dining table and seating for 12, providing a memorable setting for meals with family and friends. No expense was spared in the creation of this residence, complemented by high-tech amenities including Lutron and Control Four systems for seamless control of lighting, climate, and security. An integrated AV system with built-in speakers offers the ultimate audiovisual experience for gatherings or quiet nights in. The user-friendly floor plan complete with a fully permitted basement providing additional living or an entertaining space, comprises 4 bedrooms; a primary bedroom suite with generous balcony deck, spa-like bath with wet room shower and bathtub, an en suite guest bedroom and bath, two additional bedrooms and laundry on both levels. Designed by the esteemed Julie Hawkins of Hawkins interiors in Napa, every corner of this residence reflects her signature style of refined luxury and timeless sophistication. Experience the epitome of coastal living in Newport Beach at this extraordinary oceanfront retreat, where every detail has been thoughtfully considered to offer the ultimate in luxury and relaxation.
#NP24035988

Newport Beach

5405 Seashore Drive

4 Beds

4 Baths

2,456 Sq.Ft.

$10,450,000

MLS#: NP24035988

Unique opportunity to acquire 60 units in two contiguous multifamily properties located at 1001 E Cypress Avenue (“Bahia La Paz”) and 1021 E Cypress Avenue (“Kimi East”) situated on the Central Coast in the City of Lompoc. Both buildings are garden-style courtyard communities that provide an excellent unit mix of 40 x 2BD/1BA units and 20 x 1BD/1BA units, excellent onsite parking, onsite laundry facilities, functional unit layouts, and an ideal location in the Lompoc Valley.  



Bahia La Paz is 24-unit Mission-style, red tiled roof building constructed in 1984 consisting of sixteen 2BD/1BA townhome units (with fireplaces) and 8 X 1BD/1BA flats. Tenants enjoy either private patios or balconies, a common courtyard with two community BBQs, an onsite laundry facility, and on-site parking consisting of 26 carport spaces and 17 uncovered spaces. All tenants are on a month-to-month lease with current rents that are approximately 25% below market.



Kimi East Apartments is a 36-unit Mid-Century building constructed in 1963 and comprised of 24 X 2BD/1BA units and 12 X 1BD/1BA (all flat

units). Tenants enjoy a common courtyard with three community BBQs, two on-site laundry rooms and 36 carport spaces with tenant storage

closets. All tenants are on a month-to-month lease with current rents that are approximately 35% below market. Ownership has recently replaced all railings at the property to meet today’s code.
#SC24074841

Lompoc

1001 1021 E Cypress Avenue

None Beds

None Baths

N/A

$10,445,000

MLS#: SC24074841

20 UNIT APARTMENT BUILDING
#SB24252178

Hermosa Beach

720 21st Street

None Beds

None Baths

N/A

$10,400,000

MLS#: SB24252178

18860 Pacific Coast Highway  The Miraculous Malibu SanctuaryNestled along the legendary coastline of Malibu, 18860 PCH is more than just a homeit's a symbol of resilience, grace, and divine preservation. While neighboring properties were tragically lost to devastating fires, this remarkable residence stood untouched, earning the nickname "The Blessed House." Locals and visitors alike speak of its survival as nothing short of a miracle.Featured in numerous magazines and online publications, this architectural gem blends sleek modern design with the raw beauty of nature. Expansive glass walls frame breathtaking panoramic ocean views, while clean lines, luxurious finishes, and open-concept living spaces create a seamless harmony between earth, sea, and sky.With direct access to the Pacific, serene outdoor terraces, and a peaceful energy that must be felt to be believed, 18860 PCH is not just a Malibu masterpieceit's a story of hope, beauty, and quiet strength.
#25556307

Malibu

18860 Pacific Coast Highway

4 Beds

3 Baths

3,896 Sq.Ft.

$10,400,000

MLS#: 25556307

Ideally situated 19-unit Apartment Property, abutting Dusty Rhodes Park, near entrance to Ocean Beach, within close proximity to the Beach, with easy freeway access.    This Property includes three contiguous parcels, many of which boast park and/or bay views.  There is a gate with direct park access, as well as a common area swimming pool, and a laundry room on-site.  There are 12 garages, in addition to 15+ surface off-street parking spaces.
#230015702SD

San Diego

4682 W Point Loma Blvd.

None Beds

None Baths

N/A

$10,400,000

MLS#: 230015702SD

This fully custom FountainHead home (fully gated in approx. 10 days) embodies timeless luxury in 90210, where superior quality is evident from the moment you arrive. Crisp, clean lines lead to an inviting veranda, elegantly illuminated. Inside, the foyer welcomes you with a striking marble checkerboard floor, a view of the grand backyard (pool/hot tub photos to follow), and a magazine-worthy formal living room to your right-featuring full-height paneled walls and expansive picture windows overlooking the front yard. Designed for both function and style, the main living area seamlessly blends a spacious kitchen with a center island, a casual dining space, and a family room with custom built-in entertainment cabinetry. Floor-to-ceiling sliding glass doors open effortlessly to the backyard, creating a seamless indoor-outdoor experience. The first level also includes a guest bedroom, a private office, a formal dining room wrapped in high-end designer grasscloth wallpaper, a custom wine cellar, and an exciting home theater. A grand staircase with an elegant solid steel handrail and a large picture window leads to the upper level, where the primary suite impresses with soaring vaulted ceilings clad in T&G paneling, an ensuite reading room with a wet bar, a double-sided fireplace, and dual walk-in closets. The spa-like primary bath boasts a spacious steam shower, Waterworks fixtures, dual water closets, and heated floors. A serene outdoor terrace, spanning the length of the primary suite, offers the perfect retreat for morning yoga or a quiet read among the trees. Four additional ensuite bedrooms, each with vaulted ceilings, are located along a skylit hallway. Outside, the expansive, lush backyard is designed for effortless entertaining, featuring a pergola with recessed lighting, outdoor speakers, a built-in BBQ, and ample space for both daytime and evening gatherings. Custom pool design options are available to suit the buyer's preferences. Additional amenities include a Crestron Smart Home Control System, in-ceiling speakers, wide-plank white oak floors, a Wolf stainless steel range and convection steam oven, a Sub-Zero refrigerator, and two stacked washer/dryer units. Ideally situated near top-rated private and public schools, premier shopping, dining, and the Beverly Glen Center, this is a rare opportunity to own an architectural gem in a coveted location.
#25501309

Beverly Hills

2601 Hutton Drive

6 Beds

6 Baths

6,600 Sq.Ft.

$10,400,000

MLS#: 25501309

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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