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Approximately 40% Rental Upside to Market, translating into a 9.82% market cap rate. Significant Mark-to-Market Opportunity. This 20-unit apartment community, built in 1972, features an attractive townhome-style unit mix consisting of ten 4-bedroom/2-bath units and ten 3-bedroom/1.5-bath units. The property sits on approximately 1.10 acres with 24,500 square feet of building area and 40 parking spaces. Zoned LAR3 and located within an Opportunity Zone, the property also offers substantial value-add potential, including the opportunity for up to 13 new ADUs through a combination of conversions, detached construction, and a potential attached ADU. Longer-term redevelopment potential includes approximately 60 units by right and up to 102 units utilizing Tier 3 TOC incentives. Located just off Topanga Canyon Boulevard, the property offers convenient access to Westfield Topanga & The Village, Warner Center, CSUN, Pierce College, Kaiser Permanente Woodland Hills Medical Center, and Northridge Fashion Center. The location provides strong regional connectivity via the Ventura (US-101) and Ronald Reagan (SR-118) Freeways, offering access throughout the San Fernando Valley, Downtown Los Angeles, and Ventura County. The surrounding area benefits from a dense residential base, major employment centers, retail and entertainment amenities, Metro transit access, and continued multifamily and mixed-use development within the Warner Center area.

One of the finest buildings in Long Beach! Now Offered at $5,095,000 with Seller Financing Considered. Introducing Millie Jean, a completely reimagined 12-unit apartment community located at 1820 E. 2nd Street in the heart of Alamitos Beach, one of Long Beach’s most desirable coastal neighborhoods. This turn-key asset has undergone a full, permitted renovation, delivering essentially new construction with high-end finishes and modern systems throughout. 100% leased and operating at a 5.52% CAP rate and 12.92 GRM, the property offers immediate cash flow. RUBS is in place, with tenants responsible for their proportionate share of utilities—reducing operating expenses, improving NOI, and protecting ownership from rising utility costs. The offering includes five single-car garages and fully approved plans to construct two new 2-bedroom, 1-bath ADU units above the garages, providing a clear value-add opportunity. Upon completion of the ADUs, ownership can achieve an estimated 6.82% CAP rate. All units feature high-end interior renovations, including modern kitchens with European-style cabinetry, quartz countertops, Energy Star stainless steel appliances, designer lighting, and contemporary fixtures. Bathrooms have been fully upgraded with modern enclosures, plank flooring, and code-compliant mechanical improvements. Each unit includes in-unit washer/dryer, plank vinyl flooring, new doors and windows, ceiling fans, and fresh paint—creating a cohesive, upscale aesthetic throughout. Major capital improvements include new plumbing (water lines, waste lines, water heaters), upgraded electrical systems with subpanels, HVAC and ventilation improvements, and drought-tolerant landscaping. The building is separately metered for gas and electric, with high-efficiency lighting to minimize operating expenses. Additionally, a new owner can unlock substantial tax advantages through a cost segregation, with an estimated $1,379,000 in depreciation within the first five years, compared to approximately $722,590 under standard depreciation—representing an incremental benefit of roughly $660,000. Located just two blocks from the beach, Millie Jean offers residents immediate access to the coastline while enjoying the walkability, lifestyle, and long-term desirability of Alamitos Beach. This is a rare opportunity to acquire a fully modernized, high-performing asset in a premier coastal submarket with strong in-place income and meaningful upside.

Located in the guard gated community of One Ford Road, this sophisticated Summer House plan 3 features Richard Marshall Olde Boards hardwood plank flooring throughout the downstairs as well as high volume ceilings in the entry and living room. A generously sized kitchen and great room boasts a built-in entertainment center and rich dark cabinetry accented by beautiful marble countertops. A downstairs bedroom suite, and additional bedroom suite and loft/study upstairs offer abundant living options. The primary suite features dual bathrooms and closets, plus an office with beautiful built-ins. The private back yard includes a fire pit. One Ford Road's award-winning, resort-style community features amenities such as a fitness center, two pools, a tot wading pool, clubhouse, 27-hole putting greens, basketball, volleyball and croquet courts, playground, rose garden and reflection pond, holiday events, and much more!

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

9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.

Experience resort inspired luxury in this beautifully crafted Tuscan-style Beverly Hills residence offering 5 bedrooms and 4.5 bathrooms. Built in 2006 with exceptional attention to detail, the home features a spacious, thoughtfully designed floor plan ideal for everyday living and entertaining. The main level offers formal living and dining rooms, a relaxing family room with custom built-in cabinetry, and a custom kosher kitchen featuring professional grade appliances, natural stone countertops, abundant cabinetry, multiple tall pantry cabinets, and a large center island with breakfast counter. An adjoining breakfast room inspired by an Italian cafe adds distinctive charm. One bedroom is conveniently located downstairs. Upstairs are four bedrooms, including a generous primary suite with vaulted ceiling, walk-in closet and private balcony. The luxurious primary bath features natural stone countertops, rustic tumbled tile accents, freestanding clawfoot soaking tub, oversized shower, dual vanities, private toilet room and custom sit-down makeup vanity. Additional features include wood flooring in bedrooms and select public areas, wood-clad windows and doors and two-zone heating and air conditioning. The property offers ample parking for 4+ vehicles between the driveway and detached garage. Ideally located north of Olympic Boulevard, 3 blocks to top rated dining, designer retail stores and conveniences of South Beverly Drive.

Located in the prestigious guard-gated Altair community of Irvine, this luxury estate offers resort-style living, top-rated schools, and exceptional privacy. Welcome to Lumiere Residence Plan 4X, an extraordinary modern estate offering approximately 6,860 square feet of living space with 6 bedrooms and 7 bathrooms, including a private mother-in-law suite with its own kitchenette. The home features a grand open floor plan with a spacious great room and gourmet kitchen equipped with top-of-the-line stainless steel appliances, soft-close white cabinetry, and an enormous quartz center island. The open-concept living area seamlessly connects the kitchen, dining area, and living room into one large entertaining space. Large sliding glass doors open to a covered outdoor patio, perfect for indoor-outdoor living and entertaining. Upstairs features a luxurious primary suite with a spa-like bathroom and large walk-in closet, along with a huge second-floor deck featuring a fireplace. This rare floor plan also includes a basement level with a lounge, wet bar, bedrooms, study room, entertainment room, and a private courtyard. The home includes over $500,000 in interior and exterior upgrades, including a modern luxury Savaria Vuelift round glass elevator, second kitchen, Hunter Douglas PowerView motorized window treatments, custom landscaping with outdoor kitchen, large waterfall fountain, fire pit seating area, crown molding, baseboards, hardwood flooring, and recessed lighting throughout. This rare luxury home with basement and NextGen suite with private gate access offers an exceptional opportunity to experience luxury living in one of Irvine’s most exclusive communities. Residents of Altair enjoy world-class community amenities including a clubhouse, 3 pools, 3 Spa, BBQ Area, Tennis Courts, Pickball Field, Trails and Parks. Stop Searching... Altair Irvine- A Luxury Living Awaits You!

PROPERTY IS A PRIDE OF OWNERSHIP. LOCATED JUST A FEW BLOCKS FROM DOWNTOWN COVINA. This property offers an excellent and highly desirable location. The property is in very good condition and has been well maintained, with units that are ready for immediate lease or rental. This community features a gated swimming pool for added safety and enjoyment, along with two contemporary garden-style buildings that provide a pleasant residential setting. An on-site property manager adds convenience and ensures smooth day-to-day operations.

This value add community is located between the highly desirable French Park & Floral Park neighborhood. This property is minutes away from an Elementary School, Santa Ana College, Shopping/retail, Restaurants/Dining, and the 5 freeway. This property is also in close proximity to the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community consists mostly of one bedroom floor plans & studio units and individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has an on site laundry room and plenty of parking space (garages & covered gated parking) for the tenants. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.