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Well-positioned 18-unit multifamily investment property located in the strong rental market of North Bakersfield, offering investors the opportunity to acquire a stable, income-producing apartment building with long-term upside potential. Built in 1982, the property consists of approximately 9,785 square feet of building area situated on a 29,620 square foot lot, providing ample space for tenant parking and accessibility. The property features approximately 40 on-site parking spaces, an attractive amenity that supports tenant convenience and occupancy stability. The asset is offered at approximately $201.84 per square foot and $109,722 per unit, providing a competitive price basis compared to similar multifamily properties for sale in Bakersfield. The property is currently operating at a 6% cap rate, making it an appealing opportunity for investors seeking a cash flowing multifamily investment with reliable performance.The property benefits from 5 Section 8 units, providing stable, government-backed rental income and helping reduce vacancy risk. Bakersfield continues to experience steady demand for affordable housing, supporting consistent occupancy and long-term rental growth potential. This 18-unit apartment complex is well suited for investors seeking both passive income and future appreciation in a growing Central California rental market.The property offers convenient access to major transportation routes including California State Route 99, as well as key commercial corridors such as Airport Drive and North Chester Avenue, connecting residents to employment centers, schools, shopping, and everyday services throughout the Bakersfield area. Nearby amenities include retail, dining, and regional shopping destinations such as Valley Plaza Mall, one of the largest retail centers in the San Joaquin Valley. The surrounding neighborhood consists of established residential communities with consistent rental demand and ongoing growth, supporting long-term investment performance. This residential income property presents a compelling opportunity for investors seeking a Bakersfield multifamily investment with strong fundamentals, stable income, and future upside potential.

Price Reduced! Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 14% rental upside after lease of vacancy. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck-under spaces. Storage units are big enough to offer ADU potential without losing any parking. Buyer to verify. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate cash-flow! Do not Walk Property or Disturb Tenants!

NOW ON THE MARKET -- A Rare Investment OpportunityWelcome to 142-148 South Manhattan Place -- a charming four-plex showcasing timeless architectural character and eye-catching historic design. This is an excellent opportunity for investors seeking immediate cash flow. The property features four units, three of which are currently tenant-occupied, while one fully remodeled unit is vacant and ready for a new tenant or owner-occupant. Each unit offers a spacious living room that flows seamlessly into the kitchen, two comfortable bedrooms, one full bathroom, and a private in-unit laundry room. The property offers two dedicated parking spaces per unit, conveniently situated behind the building, along with additional street parking available directly in front for guests and residents. Situated just minutes from the heart of Koreatown, this is more than a fourplex--it's a refined investment opportunity offering elegance, stability, and exceptional income potential.

We are pleased to present 1645 W 48th Street, a high-yield mixed-use opportunity in South Los Angeles featuring 10 apartment units and 3 ground-floor retail spaces on a signalized hard corner at 48th Street and Vernon Avenue. The property benefits from over 28,000 vehicles per day on Western Avenue, Metro Local bus stops at both cross streets, and convenient access to major employment hubs throughout the region.All three retail units are fully leased to faith-based tenants, among the most reliable commercial tenants in the market. Faith-based organizations historically demonstrate low turnover, consistent payment, and deep community ties that anchor them to a location long term, adding durability and predictability to the income stream that compares favorably to the vacant or month-to-month commercial exposure found in competing listings. Offered at a 6.72% CAP rate and 7.87 GRM on current income, the asking price of $186 per square foot represents a basis that is difficult to find on a cash-flowing mixed-use asset anywhere in Los Angeles today. Current rents reflect a solid in-place foundation with meaningful room to grow as leases turn over. The residential component consists of six one-bedroom and four two-bedroom units appealing to a broad renter base across the South LA submarket. A majority of units have been updated with stainless steel appliances, wood-style flooring, and refreshed bathrooms, reducing near-term CapEx on a portion of the portfolio while presenting clear value-add opportunity on the remaining units.1645 W 48th Street may also qualify for accelerated depreciation benefits under the One Big Beautiful Bill Act, creating meaningful tax shelter opportunities in the early years of ownership. Investors are encouraged to request a cost segregation feasibility study to maximize available tax advantages. A rare combination of immediate yield, irreplaceable corner positioning, and significant upside to market rents, 1645 W 48th Street delivers durable cash flow today with meaningful long-term appreciation potential.

Prime multi-family opportunity in the heart of Mesa Verde! This 1964-built property sits on a 6,970 sq ft lot with approximately 4,065 square feet of building area, zoned R3 for multiple units. Located on a quiet street in one of Costa Mesa’s most desirable neighborhoods, you’re just minutes from the Mesa Verde Country Club, Fairview Park, and easy access to the 405. Strong rental demand, walkable area, and solid bones make this a fantastic value-add or redevelopment play. Whether you’re looking to update the existing units or explore new construction potential, this is a rare chance to own in a proven Costa Mesa location.

Fabulous 6 unit building with a great unit mix. 1 3bd/1 1/4 bath townhome style apt, 1 2 bd/1 bath townhome style apt, 2 2bd/2 ba apt and 2 1 bd/1 ba units. Carport parking. Rarely vacancies. Laundry onsite, equipment not leased. Excellent location. Walking distance to school, parks and shopping. Not to often will you find a gem like this. Rent is below market.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 7602374092...

Downtown PG Triplex with Ocean Views! This multi-unit property, one 3bed/2bath unit and two 1bed/1bath units, is one block from downtown Pacific Grove and two blocks from the ocean. The spacious 3bed/2bath unit offers large family/living room with ocean views, ocean view deck with primary bedroom on the upper level and 2 additional on the ground floor. The downstairs unit has a comfortable patio where one could relax and enjoy the ocean breeze. 1 car garage and covered car parking. Close enough to stroll downtown giving easy access to PG's hometown feel including locally owned restaurants and unique shops, an oceanside recreation trail, the Monterey Bay Aquarium, world-renounced golf courses and many other activities to enjoy. Worth a look!

Welcome to this exceptional single-story home, thoughtfully reimagined and completely rebuilt from the studs up. Located west of Valley Circle in Woodland Hills and within the highly sought-after El Camino Charter School District, this nearly 2,500 sq ft residence sits on a flat lot of over a quarter acre, offering the ideal blend of privacy, luxury, and modern living. Featuring 4 spacious bedrooms and 3 beautifully appointed bathrooms, the home has been meticulously designed for seamless indoor-outdoor living. At the heart of the home is a chef’s dream kitchen, equipped with top-of-the-line Thermador appliances, including a built-in refrigerator, a stunning 10+ foot island with abundant seating, plus an additional peninsula island with even more seating options—perfect for both everyday living and entertaining.The adjacent family room opens to the private backyard through expansive multi-slide doors, creating a true indoor-outdoor flow. Outside, enjoy a built-in outdoor kitchen complete with BBQ and sink, ideal for al fresco dining and gatherings.The luxurious primary suite also features direct access to the backyard, an oversized walk-in closet, and a spa-like bathroom with dual vanities, a makeup station, and high-end finishes throughout. Designed for those with discerning taste, this home checks every box—including a 3-car garage and a floor plan that embraces both function and style. A rare offering of craftsmanship and design in one of Woodland Hills’ most desirable neighborhoods.