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* BIG PRICE REDUCTION* Don't miss this rare and unique opportunity to own a highly valuable income property in a prime location! This well maintained 18 unit apartment complex with a resident manager is a strong investment with a gross income $36,490, boast an exceptional GRM 12.5, outstanding CAP rate of 5.3% and tremendous upside potential. The property is situated in a highly desired rental market strong investor and tenant demand. This three-story apartment complex, reminiscent of a condominium, was built in 1991 and has been impeccably managed and maintained ever since. The total square footage of the improvements is an impressive 21,789, sitting on a sizable 13,050 square foot lot, zoned LA R4-1 & TOC Tier 3, presenting additional development possibilities. The building's charming three-story, features an airy courtyard that provides access to all units, including an elevator from the parking lot. Comprising of 17 units with 2Beds and 2Baths, along with one unit featuring 2Beds and 1Bath. Each of the tastefully upgraded 2Beds units spans approx. 1,100 sf, offering a spacious living room, separate rooms, dining area, and central AC(16units). The apartments also boast ample closet space. The upgrade include separate water heaters, well- appointed kitchens with vent out hoods, dishwasher, stoves, beautiful countertops, cabinetry, and luxurious bathtubs and vanities. The plumbing has been installed to copper, and features CCTV surveillance. The on-site laundry room generates additional income. Additionally, each unit has separate gas and electric meters. Security are prioritized with a gated and secure parking garage offering 10 side-by-side parking spots and 22 tandem spaces(total 32 spaces). Convenient access to the FWY 110 and 10, situated just west of Downtown LA, easy access to major markets, restaurants, banks, healthcare facilities, and other business. Don't delay - seize the chance to make this one-of-a-kind investment property your own!
#23295625

Los Angeles

1029 Elden Avenue

36 Beds

None Baths

21,789 Sq.Ft.

$5,950,000

MLS#: 23295625

VIEW! VIEW!! VIEW!!! Perched high above the Pacific Ocean, enjoy stretching views from Trump National Golf Course, Abalone Cove, Catalina Island to the luxurious Terranea Resort and Pt. Vicente lighthouse! This contemporary masterpiece is designed by the renowned architect Marshall Lewis, famous for his striking blend of cylinders, parabolas, and columns, wrapped in rich woodwork, creating an architectural marvel. The interior is equally impressive, combining red oak floors, clearheart redwood ceilings and walls of picturesque glass. From the property, a tree-lined driveway leads you to a circular motor court, decorated with an auspicious Koi pond at its center. A grand double-door entry opens to a living space with meticulous attention to detail throughout - high cathedral ceilings, skylights, 3 elegant fireplaces, European cabinets and custom built-ins…offering both functionality and style. The welcoming foyer leads to the living room that boasts an awe-inspiring glass-walled rotunda that captivates the ever-changing vistas. Meanwhile, the family room showcases an astounding fireplace with an exotic copper mantle. The European-style kitchen is a chef's dream, outfitted with quartz countertops, high-end Wolf/Miele appliances and a walk-in pantry. The custom cabinets extend to the formal dining room, with a wine room nearby. A dedicated library/office with a rolling ladder adds a touch of charm and functionality, while an adjacent powder room offers added convenience. Accommodation includes 5 beautifully appointed bedrooms. The luxurious primary suite is a private sanctuary with a cozy fireplace, a sitting area with panoramic views, a view balcony and 2 walk-in closets. The primary bathroom includes dual vanity areas, dry sauna ready room, a jetted tub, shower, and privacy toilet area. There is also a bedroom suite with direct elevator access, and 3 other versatile bedrooms around the residence. Outdoor area features a shimmering pool, spa, entertainment areas and a Viking BBQ Kitchen. The massive garage boasts two-story high ceiling with skylights outfitted for a half basketball court. An observation room above and a shower off the garage provide additional utility and leisure. Elevator service ensures seamless access between the garage, kitchen, living areas and a bedroom suite. This unique estate is a rare gem, combining architectural brilliance with unparalleled comfort and breathtaking views. Don’t miss the opportunity to call this dream home yours!
#PV24188567

Rancho Palos Verdes

6264 Ocean Terrace Drive

5 Beds

5 Baths

5,743 Sq.Ft.

$5,950,000

MLS#: PV24188567

This spectacular, contemporary home is situated in the highly desired enclave known as Castellammare and has been completely remodeled to maximize the extraordinary, unobstructed coastline views stretching from Palos Verdes to Point Dume, Malibu. This double lot offers a unique opportunity to have an ocean-view pool that overlooks the lower flat turf yard, half basketball court, fire-pit, and sitting area. High ceilings and abundant natural light fill the home throughout. The entry level comprises of the main living areas and designer kitchen, and 2 car garage. Upstairs is a dedicated master suite with fireplace, a separate office area with step out balcony and private staircase down to the street, a walk-in closet, and stunning master bath. All positioned to capture the 180 ocean/city light views. The lower level has 2 en suite bedrooms and a large entertainment room/ w/ a wet bar. (The 2 properties run street to street and include 17804 = home and 17803 Porto Marino = vacant lot).
#20631182

Pacific Palisades

17804 Castellammare Drive

3 Beds

2 Baths

4,298 Sq.Ft.

$5,950,000

MLS#: 20631182

Nestled amongst some of Montecito's most significant estates and near theUpper/Lower Villages, this private and fully fenced/gated single level homeis what you've been searching for! Designed for indoor/outdoor living,light-filled spaces open around a large terrace and pool. A spacious greatroom connects effortlessly to the kitchen and galleria. New kitchenappliances and a new kitchen island will inspire culinary enthusiasts.Three generous and luxurious en suite bedrooms offer comfortableaccommodations. One guest suite has private courtyard access and a cozyfireplace while the other features a large sitting room. The primary suitefeatures dual marble baths, dual closets, sitting room, and poolsideaccess. Turnkey high quality construction! Masks required inside theproperty.
#21768116

Montecito

2900 Sycamore Canyon Road

3 Beds

4 Baths

4,030 Sq.Ft.

$5,950,000

MLS#: 21768116

Custom three-level estate located in the highly desired Descanso Gardens neighborhood of La Canada Flintridge. Built in 2007 by Abel Builders and designed by DeAngelis Designs, this stunning Craftsman was constructed with timeless design, thoughtful upgrades and custom finishes throughout. A spacious front porch is great for visits or enjoying mountain views. Upon entering, one is welcomed with warm-wood tones, custom-stained glass windows, and an abundance of natural light. The serene living room with fireplace, and formal dining room with views of the front yard, have easy traffic flow for entertaining. The chef's kitchen has a large center island and casual dining area, with convenient access to vast storage and butler's pantries. Open to the kitchen is the family room which offers seamless indoor and outdoor living with collapsible doors, fireplace and built-in entertainment center. The main levelalso offers an office/fifth bedroom suite option with access to the backyard including a 3/4 pool bath. A mud room leads to the oversized three-car garage. The upper level features a spacious landing with built-in desks and office space, a laundry room, and four large bedroom suiteswith cathedral ceilings, including a primary retreat with multiple closets and a relaxing bathroom with a jacuzzi tub,steam shower, dual shower heads and custom cabinetry. The lower level includes a home theater with a 9-speaker system and 10-foot screen, an enormous family recreation room with pool table, kitchen area, gym/bedroom suite option (with custom Murphy bed and attached full bathroom), craft room, and additional storage. A secret room is not to be missed! Hidden behind a bookcase door is a temperature controlled wine cellar holding approximately 1,300 bottles and separate tasting or poker room. The backyard oasis is the entertainer's dream with a sparkling saltwater pool/spa, sizable patio veranda with stone fireplace, built-in grill and refrigerator, and large grassy yard with lush privacy hedges. Centrally located between La Canada Elementary School, Descanso Gardens, and La Canada's public Memorial Park, the home has been featured on the La Canada Home Tour and received multiple awards from La Canada Beautiful. Award winning La Canada schools.
#P1-15956

La Canada Flintridge

4365 Encinas Drive

5 Beds

3 Baths

6,504 Sq.Ft.

$5,950,000

MLS#: P1-15956

Introducing Residence 6D at 8899 Beverly, the last remaining residence in this popular 2 bed/2.5 bath corner floorplan. The southeast location enjoys views of the Hollywood Hills, Griffith Observatory, and the snow-capped San Gabriel mountains. The custom designed chef's kitchen anchors two separate entertaining areas, each with private outdoor spaces. The layout allows for maximum interior design flexibility and jetliner views across the Hollywood Hills to the snowcapped San Gabriel mountains. The dual primary suites on opposite sides of the home each feature walk-in closets and en-suite baths. Dramatic Vitrosca sliding glass walls open wide, seamlessly connecting the interior living spaces with the private terraces. From the handcrafted leather entry door handle to the gourmet chef's kitchen featuring premium Sub-Zero, Miele, and Gagganeau appliances, and the spa-inspired bathroom suites, nothing has been overlooked. 8899 Beverly Blvd is Olson Kundig's "Love Letter to Los Angeles". This Leed-certified property offers exceptional amenities and full service living with 24-hour concierge, 24-hour valet parking, and fitness center with private studio. Outside, a lushly landscaped quarter-acre oasis awaits with a resort-style pool, spa, fireplaces, and custom outdoor kitchen. Walk to premier dining and shopping destinations, grocery stores, and the best West Hollywood has to offer including the new Stella Restaurant located in the building opening in early 2024. Experience the epitome of luxury living in West Hollywood. Contact us for a private viewing today. Please note: Listing photos are from the 7th floor furnished model. Some interior features and views may vary slightly.
#23332313

West Hollywood

8899 Beverly Boulevard 6D

2 Beds

2 Baths

2,857 Sq.Ft.

$5,950,000

MLS#: 23332313

Phenomenal VIEWS & Prime Location in RSF Covenant! All usable 3-acres lot on sewer on one of the Covenant’s best streets! This is a private, fully fenced SINGLE LEVEL home (approx. 2,400 Sq. Ft. plus 1,260 Sq. Ft. guest house). Main house offers 3+1 bedrooms, 3 full baths, vaulted ceilings, a great indoor-outdoor layout, and excellent sun orientation. Property also features a game room opening to the pool, outdoor dining, fireplace, BBQ, multiple patios, detached guest suite, gym/massage room, and 3-car detached garage. Direct access to trails, near Roger Rowe School, Covenant golf/tennis & more. Preliminary plans by John Jensen Architects for a 10,000 Sq. Ft. contemporary home are underway, amazing upside potential!
#NDP2507006

Rancho Santa Fe

6858 Las Colinas

5 Beds

4 Baths

3,660 Sq.Ft.

$5,950,000

MLS#: NDP2507006

Welcome to the crown jewel of Altair, Irvine – a rare opportunity to own a magnificent property situated on a generous 10,516 sqft lot, featuring a striking Serene trees and breathtaking hillside views. This luxurious Lumiere Plan 3 residence is the largest home in the entire community, making it one-of-a-kind and an opportunity that you rarely find. Located within a prestigious 24-hour guard-gated enclave, it ensures peace of mind and exclusivity. Spanning 6,860 sq ft, this home includes 5 bedroom suites, a powder room and a fully renovated lower level. The open floor plan is highlighted by high ceilings, upgraded white cabinetry,and exquisite wood flooring and tiles. The gourmet kitchen is a chef's dream, featuring a large island that seats at least 10, a built-in refrigerator and wine cooler,ample cabinetry extending to the ceiling, stainless steel appliances with a six-burner stove, a large walk-in pantry, and an elegant chandelier. Spacious living is equipped with fireplace. The private oasis backyard is a standout feature, offering a pool, spa, mature trees, and a see-through glass wall that seamlessly brings nature indoors. This backyard provides unparalleled privacy, with no neighboring houses in sight, so you feel like you own the whole neighborhood. Additionally, the built-in BBQ with covered decking offers an amazing opportunity for luxurious outdoor living and entertaining. This home includes a spacious NEXT-GEN suite with its own entry, retreat room, bedroom suite with on-site laundry, and a private bathroom – perfect for guests or extended family. Upstairs, the bright and spacious bonus room provides access to a huge private deck, ideal for relaxation or entertainment. The loft is partially converted into a sixth bedroom, while the well-appointed master suite features a custom walk-in closet and a spa-like bathroom with dual vanities, a standalone soaking tub, a luxe glass-enclosed shower,and lavish tile decor. Two additional bedrooms upstairs each have their own upgraded bathrooms, ensuring comfort and privacy for all. The lower level is designed for entertainment and family gatherings, with a built-in wet bar, a gym room, partial open space with separate backyard access, and a spacious full bedroom suite.Residents enjoy five-star resort-style community pools and trails within the Altair community. The home is located in the esteemed Irvine School District and offers easy access to I-5, I-133, and nearby shopping malls.
#OC24171482

Irvine

88 Bellatrix

5 Beds

5 Baths

6,860 Sq.Ft.

$5,950,000

MLS#: OC24171482

Private and gated, this exquisite traditional Colonial estate offers elegant curb appeal, an expansive brick motor court and stately facade. The floor plan features an elegant foyer which opens to a formal dining area on one side and a formal living room on the other, with fireplace and french doors. The dining area flows to the updated gourmet kitchen, with center island and best in class appliances including SubZero, Wolf and leads to an ample butlers pantry. The home features 5 impressive ensuite bedrooms, 4 up and 1 down including dual master suites. Enjoy relaxed evenings in the cozy den surrounded with warm wood paneling, fireplace and wet bar. This impressive Old Hollywood Estate is set on beautiful, lush grounds encompassing brick patios, sunny courtyard, Koi pond, pool and pool house. An entertainers dream with top of the line outdoor kitchen, outdoor fireplace, temperature controlled wine cellar, bbq area, pool and pool house. 11610 Bellagio offers a luxurious way of life.
#20618738

Los Angeles

11610 Bellagio Road

5 Beds

7 Baths

5,359 Sq.Ft.

$5,950,000

MLS#: 20618738

A gated driveway leads to this magnificent Spanish home w/ contemporary accents in Hancock Park. Dramatic 2-story entry foyer w/ sweeping staircase. Hand-carved, walnut parquet flooring is complemented by hand-hewn, distressed ceiling beams. Sub Zero, Wolf and Miele appliances, built-in espresso machine, butler pantry, office nook & a 1,200 bottle temperature controlled wine cellar. Off the kitchen is an elegant formal dining room. Living & family rooms feature retractable doors bringing the outside in & open to a beautiful outdoor seating area w/ fire pit. 2 bd downstairs w/ a full bath between them & 4 bd + a laundry room upstairs. Expansive master suite features a formal entry, large his/hers walk in closets, soaking tub & shower w/ steam room. Backyard offers outdoor kitchen, multiple seating areas, grass lawn, fruit trees, a putting green & a pool w/ new equipment & pebbletec finish. This gorgeous property also includes a beautiful 500 sq ft guest cottage over the garage.
#15884653

Los Angeles

141 N JUNE Street

6 Beds

5 Baths

6,243 Sq.Ft.

$5,950,000

MLS#: 15884653

Designed by the iconic designer/architect, Ken Ronchetti, this architectural gem is flooded with natural light from the floor to ceiling windows. Over 3,900SF of living space, 3BR+/3.5BA, gorgeous ocean views over tree tops & a zen-like backyard with an oversized sun deck, large lap pool & plenty of space to spread out on this 17,640SF lot. Steps away from Del Mar Village shops, restaurants & the beach. Designed by the iconic Designer/Architect, Ken Ronchetti, this architectural gem is flooded with light from the floor to ceiling windows & offers gorgeous ocean views. Easily accessible yet private in the beautiful hills of Olde Del Mar. With a reverse floor plan, all 3 bedrooms (plus a den or extra 4th bedroom) are located on the first floor while the entertaining spaces are upstairs. Enjoy al fresco dining out on the large ocean view sundeck, swim in the large lap pool or just relax in the zen-like manicured backyard. There is plenty of room to spread out on the 17,640SF lot. Coastal living at its finest with sounds of the surf & walkability to the best of Del Mar’s restaurants, shops or the beach.
#230006744SD

Del Mar

1227 Umatilla Street

3 Beds

3 Baths

3,956 Sq.Ft.

$5,950,000

MLS#: 230006744SD

None
#ML81844884

Pebble Beach

1228 Padre Lane

None Beds

None Baths

2.38 acres

$5,950,000

MLS#: ML81844884

Wake up to the sounds and salt air of the ocean flowing in through the linen drapes of your balcony, the day full of possibilities. The water glistens out your west-facing living room windows and a paddle boarder passes by as you enjoy your morning coffee. The warm, walnut floors feel soothing underfoot as the morning sun pours in from the skylights overhead. Quality of craftsmanship delivers fulfillment everywhere you look. Expansive built-ins, plentiful storage closets, marble countertops, fine millwork along with designer lighting, tiling and fixturing enchant the eye. Vaulted, beamed tongue-and-groove ceilings soar upward mimicking the expansive coastal horizon awaiting outside. Loved ones come and go as the day passes. Plenty of beds and baths for everyone to gather in comfort with ample parking for rides and toys. Coming off the beach, no invitation is needed to lounge and linger down in the beach room after showering off in the privacy of the enclosed hot-water outdoor shower. Grab a beverage out of the bar and cool off barefoot on the smartly tiled floors enjoying the breezes and mature, lush plantings through the triple-set French doors. As you head upstairs, just when it seems impossible that life could get any better, you see the sun begin its unspeakably magical descent over the Pacific Ocean outside your home, radiating pink and orange hues over the waves. Two sets of folding doors open at opposite ends of the living room level allowing a seamless flow from the outdoor panacea to indoor sanctuary, where everyone congregates to admire Mother Nature, share the day’s adventures and take part in the BBQ. Tucked away on a quiet block between Manhattan and Hermosa Avenues, 7 miles from LAX, this prized and rare 100 block of North Hermosa Beach is a beach lover’s dream awaiting your arrival.
#SB23204315

Hermosa Beach

120 28th Street

5 Beds

4 Baths

3,924 Sq.Ft.

$5,950,000

MLS#: SB23204315

Welcome to the Madison Club! Stunning panoramic vistas await you from this incredible custom homesite. Perched above the 3rd fairway of the acclaimed Tom Fazio-designed golf course, this 1+ acre homesite is waiting for your custom home.
#219090478DA

La Quinta

81400 Amundsen Avenue

None Beds

None Baths

1.07 acres

$5,950,000

MLS#: 219090478DA

This English-inspired Arts and Crafts residence was designed by celebrated architect Sylvanus Marston. Built in 1911, this home is listed on The National Register of Historic Places and has been lovingly restored and maintained by an interior designer for nearly half a century. Original hardwood floors, elegant built-ins, large windows and custom woodwork reflect the dedication and passion of its owners. Situated on an expansive corner lot spanning nearly an acre, this home commands breathtaking views of the iconic Rose Bowl, from which fireworks can be seen on the Fourth of July. With charming curb appeal, this home offers unique privacy while anchoring this picturesque neighborhood renowned for its architectural treasures by visionaries such as Frank Lloyd Wright, Wallace Neff, and Marston himself. The property consists of the main home with 5,585 square feet of exquisite and versatile living space, three-car garage, sparkling pool, and is dotted with mature trees and lush, layered landscaping. There is a rose garden centered around a fountain pond as well a private second floor carriage house studio apartment with its own deck. Inside, you will find grand open spaces, high ceilings, authentic fixtures, as well as tucked away places and many whimsical details. There are up to 5 bedrooms in the main house, with 4 full bathrooms and 3 half. Embrace this rare opportunity to own an architectural masterpiece in this exclusive enclave. Sold before processing.
#SR23127289

Pasadena

1015 Prospect Blvd

6 Beds

4 Baths

6,262 Sq.Ft.

$5,950,000

MLS#: SR23127289

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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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