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We are pleased to offer the opportunity to acquire this turnkey eight (8) unit, twenty-eight (28) bedroom + twenty-eight (28) bathroom Student Housing Master Lease investment opportunity, located in the DPS Patrol Zone, and walking distance to the University of Southern California (USC).The subject property was completely updated and remodeled in 2019, and features brand new hardwood floors, updated copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, wall-mounted flat screen televisions, and new in-unit washer & dryers. The property is approximately 8,400 rentable square feet on a 9,679 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of four (4) 3-bedroom + 3-bathroom units, and four (4) 4-bedroom + 4-bathroom units. The investment is 100% occupied with USC students and fully leased for the 2021-2022 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk master lease investment that is poised for continued growth and excellent operating fundamentals. The property is currently master leased to a reputable Property Management company until July 31, 2025, and currently making $392,160 per year with annual 3% rent increases. With the Master lease in place, there are minimal landlord responsibilities. The owner only pays for taxes and insurance, and everything else is taken care of by the Management company.
#21771994

Los Angeles

3000 S Normandie Avenue

None Beds

None Baths

8,400 Sq.Ft.

$6,100,000

MLS#: 21771994

Boasting awe-inspiring panoramic ocean views just steps from Little Corona del Mar Beach, Inspiration Point and world-class dining, shopping and entertainment, experience the embodiment of coastal lifestyle in this striking four bedroom and four bathroom home in sought-after Corona del Mar. Spanning approximately 3,710 square feet of refined living space, this home showcases an upper floor entertainment area with vaulted ceilings, sitting room, living room, and dining area. The gourmet kitchen, equipped with Viking appliances and an entertainer's countertop/bar, seamlessly blends indoor and outdoor living with floor-to-ceiling glass folding doors that lead to a spacious sun deck. Bask in the brilliance of the coastal scenery while enjoying the ocean breeze or savoring an evening cocktail, a glass of wine, or a refreshing Pellegrino. An oversized infinity spa, creating a serene oasis within this remarkable residence, offers a perfect setting for relaxation, rejuvenation, and unforgettable moments. The owner's suite is a sanctuary of relaxation, complete with a soaking tub, glass shower, sizable dual vanities, and an enormous designer closet. A main level guest suite with a private bath offers versatility, ideal for a home office, guests, in-laws, or a playroom. Two additional guest bedrooms with a shared jack-and-jill bathroom and a large laundry room round out the main living floor. Descend to the lower level to discover a wine cellar, additional storage space, and a sprawling garage capable of accommodating two cars alongside paddleboards and beach toys. For added convenience, a dumbwaiter connects all three levels, simplifying grocery trips and daily tasks. With high ceilings and elegant tile floors throughout, this beach-adjacent trophy home exudes sophistication. Seize this once-in-a-lifetime opportunity to embrace the coastal lifestyle and immerse yourself in luxury living that will leave a lasting impression.
#NP23169149

Corona Del Mar

234 Poppy Ave

4 Beds

3 Baths

3,710 Sq.Ft.

$6,100,000

MLS#: NP23169149

None
#ML81534890

Hillsborough

863 Chiltern Road

5 Beds

5 Baths

5,300 Sq.Ft.

$6,100,000

MLS#: ML81534890

Welcome to 19689 Douglass Lane, a beautiful single story home in the coveted Fruitvale West Neighborhood of Saratoga.  This well loved and immaculately kept home features 5 bedrooms and 4 full baths plus a powder room.  The front yard with its professional landscaping is inviting as you enter the home through a beautiful double iron and glass panel front door.  Open floor plan with spacious living areas with TWO great family rooms, providing ample space to work, live, study and play.  Updated gourmet kitchen features stainless steel appliances and a spacious dining area as well as a formal dining room.  Spacious backyard with a pergola covered kitchen and bbq area, and plenty of room to entertain and play sports.  Excellent neighborhood for walking, conveniently near commuter routes such as 85, 9, 17, Lawrence and Saratoga/Sunnyvale.  Just a few minutes away from Saratoga Library, downtown Saratoga and near Westgate and El Paseo shopping centers.  Walk to Saturday Farmers Market right across the street.  Award winning Saratoga Schools!
#ML81944374

Saratoga

19689 Douglass Lane

5 Beds

4 Baths

4,699 Sq.Ft.

$6,100,000

MLS#: ML81944374

Located in the area of West Torrance, 20721 Amie Ave presents a prime investment opportunity in a great location w/ 27% rental upside. This substantial 16-unit apartment building boasts a strong unit mix, including (8) 3-bed/2-bath townhouse-style units and (8) 2-bed/2-bath units, with the majority of units having been remodeled. Each unit features its own private balcony or patio, providing tenants with a personal outdoor space surrounded by the building’s beautiful foliage. The property also includes well-landscaped grounds and a shared grass area, enhancing the living experience for residents.

Offering a solid 4.94% CAP rate with significant upside potential & a 7.11% market CAP, this property is positioned for strong returns. Conveniently located just down the street from the Del Amo Fashion Center and a short 10-minute drive to the Redondo Beach Pier, 20721 Amie Ave combines a prime location with impressive investment potential.
#PW24163681

Torrance

20721 Amie Avenue

None Beds

None Baths

21,260 Sq.Ft.

$6,100,000

MLS#: PW24163681

Exceptional equestrian & vineyard Tassajara Valley gated estate on 6+ acres borders open space/hillsides. Extensively updated w/$750,000+ amenities & features. 6,305+/- SF on 2 levels. 5 bdrms, 4 full, 2 half bths. Formal living & dining rms w/frpls. Bonus rm w/wetbar. Mudrm. Chef’s kitchen. New quartz counters, Viking, Thermador, SubZero appls. Dual Bosch dishwashers. Casual dining w/dual sided frpl w/family rm. New hardwd flrs. Exposed beam & high ceilings. Fresh paint. Wainscot, crown molding, millwork. 2 new staircases. Andersen windows/drs. Outdr entertainer’s mecca. New kitchen w/grill, icemaker. Forno Piombo restaurant-grade pizza oven station. Honed granite counter. Swim spa. Saltwater solar-heated pool. Pergola w/custom 22-seat table. 2-level 15-horse barn w/tack rm, wash station. 2400+/-SF upper level ideal for caretaker quarters, wine tasting rm, office. Plans available. New chicken coop for 30. Fenced pastures & lots of rm to add ADU/guesthouse. 300 Merlot grapes yield 500 bottles of wine. Multiple fruit trees & new fenced garden. 4-car + garage. Starlink Wifi. RV parking. Security cameras. 2 tankless water heaters. 3 HVAC. 15,000 gal wtr storage. 1.5 miles to Blackhawk's East Gate, near downtown, top-rated schls, freeways, Livermore Valley Wine Country. Mt. Diablo.
#41049870

Danville

5400 Penny Ln

5 Beds

4 Baths

6,305 Sq.Ft.

$6,100,000

MLS#: 41049870

None
#219074641DA

Palm Desert

1006 Cahuilla Falls

4 Beds

4 Baths

5,300 Sq.Ft.

$6,100,000

MLS#: 219074641DA

Situated in a highly desirable Sherman Oaks neighborhood, 4573 Willis Ave offers unmatched access to essential amenities. Residents can enjoy living in close proximity to a variety of local restaurants, shops, schools, parks, and public transportation. The apartments feature spacious floor plans and a mix of 4 One Bedroom + One Bath Units, 15 Two Bedroom + Two Bath Units, and 3 Three Bedroom + Two Bath Units.  Tenant amenities include central air, dishwashers, pool, elevator, controlled access, gated parking.  Moreover, with easy access to major freeways like the 101 and I-405, commuting throughout Los Angeles is a breeze, making it an ideal choice for professionals and families alike. The combination of its prime location and well-appointed units makes 4573 Willis Avenue a truly outstanding place to call home, offering a rare opportunity for comfortable, high-quality living in one of LA's most desirable neighborhoods.  This is a rare opportunity to purchase a great multifamily property in a terrific Sherman Oaks location.
#25586311

Sherman Oaks

4573 Willis Avenue

43 Beds

None Baths

26,883 Sq.Ft.

$6,100,000

MLS#: 25586311

None
#219092930DA

Palm Desert

131 Netas Drive

4 Beds

5 Baths

6,095 Sq.Ft.

$6,100,000

MLS#: 219092930DA

We are pleased to offer 134 S Pritchard Ave, located in Fullerton, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Valencia Park Elementary School, Buena Park High School, Sunny Hills High School, Los Coyotes Country Club, the Source OC Shopping Mall, Beach Blvd, the 5 Freeway and 91 Freeway Interchange.



Built in 1954, the property had a major interior and exterior renovation in 2022. The complex has a great unit mix of fifteen two-bed one-bath units, one three-bed one-bath unit, and a non-conforming one-bed one-bath unit. The Non-Conforming Unit is In Process of becoming Conforming. The property is a two-story garden-style walk-up with a center courtyard surrounding a gated swimming pool. There is an on-site laundry room and covered parking for the tenants. Each unit is separately metered for gas and electricity. Each of the units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. 



The exterior also had a recent significant renovation completed, including new stucco and paint, new front gate, new landscaping, newly paved parking lot, some new fencing and paint, new wall air conditioning, and new double pane vinyl windows.



The complex is conveniently located just 2 miles from Knott’s Berry Farm, Knott’s Soak City, Medieval Times, Pirates Adventure, Portillo’s Bakery, and the Buena Park entertainment zone. The property is also less than a mile from many major retail centers and employment opportunities.
#OC25238616

Fullerton

134 S Pritchard Avenue

None Beds

None Baths

11,750 Sq.Ft.

$6,100,000

MLS#: OC25238616

Residence 4D | The ultimate emblem of California-style indoor/outdoor living, this southeast-corner home at 8899 Beverly opens to a breathtaking 1,500 SF landscaped terrace. Designed by award winning architect Olson Kundig and spanning 2,463 interior SF, Residence 4D offers two expansive entertaining areas and dual primary suites. Floor-to-ceiling operable window walls by Vitrocsa connect the entertaining spaces directly to the oversized garden terrace. The custom chef's kitchen features white oak cabinetry, Italian Calacatta gold marble, and appliances by Gaggenau, Miele, and Sub-Zero. The two bedroom suites sit at opposite ends of the home for privacy and balance. Each includes a walk-in closet and spa-inspired bath clad in Italian travertine with dual vanities. 8899 Beverly provides full-service living with 24-hr concierge and valet, state-of-the-art fitness center, and a quarter-acre retreat with resort-style pool, spa, fireplaces, and open-air kitchen steps from West Hollywood's finest dining, shopping, and entertainment. Residence 4D is the last of the coveted garden-terrace residences at 8899, offered new from the developer.
#25592757

Los Angeles

8899 Beverly Boulevard 4D

2 Beds

2 Baths

2,490 Sq.Ft.

$6,100,000

MLS#: 25592757

Private single-story horse property in the highly coveted Sullivan Canyon area of Brentwood! Passing the mature fruit trees and 4 horse corrals along the long private driveway, this ranch style house is found among the stunning surrounding canyon. The large open living area features a fabulous stone fireplace, high pitched ceilings, a dining area, and an abundance of natural light. The kitchen offers a breakfast area with a brick fireplace, and sliding doors leading to the expansive back patio, which is draped with the lush greenery of the canyon. The three bedrooms, two bathrooms, and laundry room can be found on the other end of the house down a hallway with tons of additional closet and storage space. A two-car garage and massive driveway provide space for at least 5 cars. With a little TLC to be brought back to its glory days, this private gem boasts so much character and will be any nature-lovers dream!
#25519341

Los Angeles

1809 Melhill Way

3 Beds

2 Baths

1,858 Sq.Ft.

$6,100,000

MLS#: 25519341

New on site 4 days ago
None
#25615655

Santa Barbara

1383 School House Road

3 Beds

3 Baths

2,568 Sq.Ft.

$6,100,000

MLS#: 25615655

For sale 3634-3640 Indiana Street, a newly constructed 14-unit luxury residential community perfectly appointed to attract the highest quality tenants in the market. The property was completed in 2024 and features a classic two-story Spanish contemporary front building with 4 spacious two-bedroom flats combined with a four-story modern new construction back building with 10 exquisitely appointed floorplans. Unit interiors feature state of the art kitchens with natural wood cabinets, quartz countertops/ backsplash, modern chrome fixtures, and 4-piece stainless steel appliance packages including dishwasher, refrigerator, gas range and microwave. The units are also appointed with full-size front-loading washer and dryers, A/C mini-splits, LVP flooring with sound barrier, modern ceiling fans and bathrooms with tile tub & shower enclosure and vanities matching the modern décor of the kitchens. The building also features instahot water heaters, Milgard windows and doors with sound barrier, and mix of exterior stucco with James Hardy siding.
#250025403SD

San Diego

3634 Indiana

None Beds

None Baths

N/A

$6,100,000

MLS#: 250025403SD

Offers to be submitted by 3 pm on Thursday May 16th.Disclosure link : https://app.disclosures.io/link/21847-Villa-Oaks-Lane-4om1xy3c  Experience the epitome of luxury in this grand 4,600+ sq ft manor, set on a sprawling 1.79-acre estate in the exclusive Mt. Eden estates neighborhood. This exquisite home offers a perfect blend of elegance and comfort, featuring high ceilings, a sweeping staircase, open floor plan*Hardwood floors & custom windows,including French doors, frame the serene, lush landscapes. Sophisticated chefs kitchen, w an oversized cherry wood island/granite countertops & top-of-the-line appliances. Adjacent to the kitchen, the living & dining areas are ideal for entertaining. This flexible layout includes a main-level en-suite bedroom, a study that could convert to a fifth bedroom & a spacious bonus room w  a bar and full bath, perfect as an in-law or au pair suite. Upstairs, the luxurious primary suite offers stunning views of the backyard, pool, and a seasonal creek, complemented by two additional large en-suite bedrooms.Outdoors, the property features a tranquil creek-side setting w gorgeous grounds, wrap around porches, an outdoor kitchen, and a pool with a cascading waterfall. Just minutes from downtown Saratoga & top schools, this home is a true sanctuary.
#ML81965161

Saratoga

21847 Villa Oaks Lane

4 Beds

5 Baths

4,632 Sq.Ft.

$6,099,000

MLS#: ML81965161

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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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