Carlsbad Next Gen Homes

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New Listing
Est. Payment: $30,888/mo
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$6,800,000 1127 1131 E Garvey Avenue N West Covina CA Exceptional opportunity to acquire West Covina Terrace Apartments, a well-located 28-unit multifamily apartment community situated at 1127-1131 E Garvey Ave N in West Covina. Built in 1958, the two-story property encompasses approximately 18, 382 square feet of building area on an approximately 33, 829-square-foot (0.78-acre) lot.The property is currently generating approximately $539, 000 in annual gross income, providing an investor with substantial in-place revenue from day one. With an asking price of $6, 800, 000, the property is offered at approximately $243, 000 per unit, an attractive basis for a 28-unit multifamily asset in the San Gabriel Valley. In addition to its current income stream, the property offers the potential for future revenue growth through continued professional management and the opportunity to increase rents over time as permitted.West Covina Terrace features a desirable and diversified unit mix consisting of 4 studio units, 20 one-bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. The strong concentration of highly marketable one-bedroom apartments, complemented by studio and two-bedroom residences, appeals to a broad tenant base and provides a balanced rental mix.Additional property features include a gated courtyard-style setting, community laundry facilities, 28 separately metered electrical services, and designated on-site parking for every unit. Providing each residence with assigned parking is a particularly desirable amenity in the Southern California rental market and further enhances the property's tenant appeal.Strategically positioned along the Garvey Avenue corridor, the property offers excellent access to the I-10 Freeway and is conveniently located near Plaza West Covina, shopping, restaurants, employment centers, schools and everyday services. Its central San Gabriel Valley location provides convenient connectivity to surrounding communities and the greater Los Angeles area.The surrounding area also benefits from attractive demographics, with approximately 23, 000 residents and more than 7, 000 households within a one-mile radius, along with a median household income of approximately $89, 000. CommercialSale
Est. Payment: $28,389/mo
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Est. Payment: $27,254/mo
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$5,999,999 1530 E Broadway Glendale CA Prime value add investment opportunity in the heart of Glendale located at 1530 E Broadway. This 16 unit apartment building offers a strong in place rent roll with 15 of the 16 units currently occupied, providing immediate cash flow with a current cap rate of approximately 5.25 percent and additional upside potential. Situated on a 14, 306 sq ft lot with approximately 16, 000 sq ft of living space, the property features an attractive unit mix of four 3 bedroom 2 bathroom units, four 2 bedroom 2 bathroom units, four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. The diverse unit mix supports stable tenancy while allowing for future rent growth across multiple unit types. The property includes 11 on site parking spaces, with 11 units assigned parking and 5 units without assigned parking, presenting an opportunity to increase income through parking reconfiguration or monetization. Current operations offer a solid income stream while still allowing a new owner to capture rental upside and improve overall returns. Ideally located near the 134 freeway with immediate access to major retail and employment centers including the Glendale Galleria and the Americana at Brand, the property benefits from strong rental demand and a highly desirable location. This is a rare opportunity to acquire a well located multi family asset with strong in place income, approximately 5.25% percent cap rate, and clear value add potential in one of Glendale’s most sought after rental markets.0.33 Acres CommercialSale
Est. Payment: $20,440/mo
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$4,500,000 4225 Tyler El Monte CA SB 79 LIVE – 18-Unit Stabilized Multifamily + Immediate Transit-Oriented Redevelopment Upside. This 18-unit single-story apartment building (all studios, approximately 400 sq ft each) offers both strong current cash flow and immediate by-right density upside under the state’s new transit-oriented development law. Built in 1968 on a flat 0.61-acre rectangular lot with gated access, carport/open parking, on-site laundry income, separate electric meters, and an on-site manager unit. Owner-reported average rents of approximately $1, 050 per unit remain well below current El Monte studio market rents (approximately $1, 300–$1, 550). Strategically located just 0.48 miles (straight-line) from El Monte Station (Metrolink + Metro J Line BRT). Zoned EMR-4 and now eligible for SB 79 density, height, and parking standards in a qualifying TOD zone. Potential to redevelop into 60–75+ units with incentives — a significant equity creation opportunity for value-add investors and developers. Ideal for buyers seeking stabilized income today with a clear, state-backed path to higher density. Important: Buyers and buyer’s agents must independently verify all information, including but not limited to unit sizes, actual rents and expenses, zoning, environmental conditions, flood zone status, tenant estoppels, and SB 79 eligibility (professional survey confirmation required). No representations or warranties are made by the seller, listing agent, or any party. Property is sold “AS-IS, WHERE-IS.”0.61 Acres CommercialSale
New Listing
Est. Payment: $19,305/mo
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$4,250,000 670 S Magnolia Avenue Anaheim CA Rarely does an investment opportunity check every single box, let alone offer a structure this flexible. Welcome to a premier, 2006-built seven-unit multifamily community located right in the vibrant heart of North Orange County. What truly sets this property apart is its incredible legal flexibility: each of these seven townhome-style units comes with its own individual APN. This rare structural setup gives you unparalleled exit strategies, whether you want to hold the entire portfolio for steady, long-term cash flow or sell off individual units down the road as separate townhomes. Step inside, and you’ll find that these layouts are built to impress. Averaging a spacious 1, 607 square feet, these massive two- and three-bedroom townhomes feel much more like single-family luxury residences than traditional apartments. Every home comes loaded with highly sought-after amenities, including dramatic vaulted ceilings, central HVAC, private balconies or patios, and direct-access two-car garages with in-unit washer and dryer hookups. Even better, two of the units have been beautifully updated with fresh interior paint, modern countertops, and new flooring—giving you a turnkey proof of concept and an immediate opportunity to capture premium rental upside. Location is everything, and this Anaheim gem puts your residents right where they want to be. Commuting is a breeze with quick access to major Southern California employment corridors, and world-class entertainment, shopping, and dining at Disneyland are just minutes away. Families will love the daily convenience of being within easy walking distance to all levels of public schooling, from elementary through high school. Whether you are looking for a stable portfolio addition or a unique project with a built-in exit strategy, this North Orange County property delivers rare potential in an unbeatable location.0.42 Acres CommercialSale
New Listing
Est. Payment: $17,238/mo
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$3,795,000 1639 S Hobart Los Angeles CA Rare opportunity to acquire a substantial multifamily investment property in the highly desirable Mid-City/Harvard Heights area of Los Angeles. The property features 17 units on an approximately 10, 018-square-foot lot, offering investors a sizable existing rental asset with meaningful value-add potential. The property includes 14 existing units plus 3 attached ADUs, providing an attractive opportunity to enhance the income-producing potential of the property. Five units have been fully remodeled with permitted improvements, including updated kitchens, modern cabinetry, flooring, lighting, bathrooms, and other interior and exterior enhancements. The property benefits from individually metered gas and electricity, gated parking, and a well-positioned two-story configuration. The approximately 9311-sq ft building sits within a commercially zoned area for both multi-family and retail. It offers investors multiple avenues to improve operations, rents, and overall property performance, subject to applicable approvals and regulations. This property maintains an approximate cap rate of 5.14% from Day 1 and upside up to a Proforma rate of 10.48%. Strategically located along Venice Boulevard with convenient access to Koreatown, Downtown Los Angeles, Culver City, major employment centers, public transportation, and regional freeways. This is a compelling opportunity for investors seeking an established multifamily asset in a central Los Angeles location with existing improvements and additional upside potential.0.23 Acres CommercialSale
Est. Payment: $17,034/mo
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$3,750,000 6535 Fulton Los Angeles CA Exceptional 16-unit apartment community located in the highly desirable Valley Glen neighborhood of Van Nuys. Built in 1963, this well-maintained investment opportunity features an attractive unit mix of eleven 2-bedroom/1-bath units, two 2-bedroom/2-bath units, and three spacious 3-bedroom/2-bath units, appealing to a broad tenant base. Several units have been updated with modern kitchens, granite countertops, white cabinetry, stainless steel appliances, and refreshed bathrooms, providing immediate appeal while offering additional value-add potential. The property offers desirable amenities including a courtyard swimming pool, on-site laundry facilities, 16 on-site parking spaces (13 covered and 3 uncovered), attractive landscaping, and a gated, professionally maintained environment. Spacious floor plans averaging approximately 1, 000 square feet contribute to strong tenant demand. Ideally situated just north of Victory Boulevard, the property is surrounded by an abundance of shopping, dining, parks, and everyday conveniences. Residents enjoy easy access to the 170, 101, and 405 Freeways, providing convenient connectivity throughout the San Fernando Valley and Greater Los Angeles. Nearby employers, schools, and entertainment destinations further enhance the property's long-term desirability. This is an outstanding opportunity for investors seeking stable in-place income with the potential to increase cash flow through continued interior renovations and strategic asset management in one of the Valley's strongest multifamily rental markets.0.36 Acres CommercialSale
New Listing
Est. Payment: $16,239/mo
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$3,575,000 1201 E 59th Place Los Angeles CA Newer modern 8 unit Townhome style building in the desired part of Los Angeles, bordered line with Huntington Park and only 7 miles from DTLA! Property is selling at approximately 6% CAP (real rent, real numbers). This complex is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). Investors get to enjoy a nice cash flow off this home with an actual stabilized asset bringing in $285, 900 in gross annual rents. Property has total of 20 bedrooms and 16 baths. All buildings offer a 3 bedroom, 2 bath (4 units 3/2) and a 2 bedroom, 2 bath (4 units 2/2). This apartment complex has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. This complex was design for you as the new owner to guarantee long terms tenants. This one spacious 11, 200 lot size accommodates parking for all tenants. Property offers 12 car garage and about 7 open parking spaces. This is a big incentive for the tenants. Near retailers include Mc Donalds, Chase, Starbucks, CVS Pharmacy, Citi Bank, North Gate Market, Wing Stop, Panda Express (all walking distance) and many more. This by far one of the best properties in the Florence-Graham district, check it out before is gone!0.26 Acres CommercialSale
Est. Payment: $15,875/mo
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$3,495,000 681 Victoria Costa Mesa CA Exceptional investment opportunity in the heart of Costa Mesa. Located in the beautiful Westside area, 681 Victoria offers a diamond in the rough 7 unit, multifamily property with great possibilities and convenient access to beaches, shopping, dining, and major transportation routes. The property features a variety of unit types, functional layouts, and some private outdoor space, providing long-term appeal for both tenants and investors. Situated on a generous lot in an established residential neighborhood, this asset presents the possibility for stable cash flow with potential for future upside. Residents enjoy close proximity to Newport Beach, 17th Street, Triangle Square, Pacific Coast Highway, and the 55 Freeway. Whether expanding an investment portfolio or acquiring a quality income-producing property in a high-demand coastal market, this property represents a compelling opportunity in one of Orange County’s most sought-after rental locations. Four two story units with 2 bedrooms and 1.5 baths, one upstairs unit with 1 bedroom and 1 bath, 1 single level unit with 2 bedrooms and 1 bath and one single level unit with 2 bedrooms (and a bonus room with a clothes hanging space) and 1 bath. There is laundry hook-up for each unit and lots of parking, including two garages. Any and all information on the MLS is deemed to be reliable but is not guaranteed. Buyer to satisfy self with due diligence and appropriate inspections.0.42 Acres CommercialSale
Est. Payment: $15,217/mo
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$3,350,000 3024 Pico Boulevard Santa Monica CA Prime Santa Monica Development Assembly lots at: 3018, 3024 & 3026 Pico Blvd Offering $10, 000, 000.00 An exceptionally rare opportunity to acquire a premier three-property development assembly in the highly coveted Sunset Park neighborhood of Santa Monica. Spanning three contiguous parcels along the bustling Pico Boulevard corridor, this portfolio is the ultimate package for a developer or visionary investor seeking a substantial footprint in one of Westside Los Angeles's most dynamic and high-demand markets. 3024 PICO Blvd is a fully tenanted 6-unit residential multifamily property to be sold together with a versatile fully tenant commercial storefront/retail building at 3018 PICO Blvd, and a fully tenanted commercial building featuring active store and office spaces at 3026 PICO Blvd. These three contiguous lots with 150 feet frontage and 17550 Sq/ft in Santa Monica Neighborhood Commercial (NC) zoning provides immediate, diversified cash flow while planning for future development and offer massive flexibility for a mixed-use commercial and residential project situated in a "Biker’s Paradise" with a high Walk Score, the site offers seamless access to Santa Monica’s premium local businesses, transit, beaches, and top-tier schools. Properties like this rarely come to market as a unified package. Whether you are looking to capitalize on existing, stabilized cash flow from reliable retail, office, and residential tenants or are ready to execute a large-scale development in a premium zip code, this Pico Boulevard assembly delivers unparalleled potential.0.13 Acres CommercialSale
New Listing
Est. Payment: $13,400/mo
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$2,950,000 1344 E Broadway Glendale CA 1344 E Broadway, Glendale, CA 91205 | 5 Unit Multifamily Investment Opportunity Prime Glendale investment opportunity located at 1344 E Broadway, featuring a well positioned 5 unit multifamily apartment property in the heart of Glendale. The property consists of 2 separate buildings situated on the same parcel, offering approximately 4, 836 square feet of total building area on an approximately 8, 050 square foot lot. The property currently generates $23, 850 in monthly rental income, providing investors with a strong in place income stream and potential for future upside. The property also includes an additional 8 units created through the division of existing units. No additional building square footage was added. For specific details regarding the additional units, unit configuration, rental income, and property layout, please contact the Listing Agent directly. Ideally located within walking distance to a variety of restaurants, shopping, entertainment, and everyday conveniences, as well as Glendale High School, The Americana at Brand, and Glendale Galleria. The central location provides convenient access to major streets, transportation, employment centers, and the many amenities Glendale has to offer. Property Highlights • 5 unit multifamily apartment property • 2 separate buildings on the same parcel • Additional 8 units created through division of existing units • No additional building square footage added • Approximately 4, 836 SF total building area • Approximately 8, 050 SF lot • Current rent roll of $23, 850 per month • Prime central Glendale location • Walking distance to restaurants and shopping • Close proximity to Glendale High School • Minutes from The Americana at Brand and Glendale Galleria • Strong in place rental income • Excellent long term investment opportunity Please contact the Listing Agent for specific details regarding the additional 8 units, unit configuration, rental income, building layout, and other property information.0.18 Acres CommercialSale
Est. Payment: $13,400/mo
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$2,950,000 5236 Kester Avenue Sherman Oaks CA Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades. Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes. Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.0.29 Acres CommercialSale
Est. Payment: $11,810/mo
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$2,600,000 1240 70 Holly Avenue Imperial Beach CA 1240–1270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diego’s southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5, 260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1, 008 square feet each, and one 2 bedroom/2 bath unit of approximately 1, 524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13, 450 per month, or $161, 400 annually, based on projected rents of five single detached residential units at approximately $3, 300, $2, 950, $2, 750, $2, 300 and $2, 150/month. At the $2, 600, 000 asking price: Gross Annual Income: $161, 400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the site’s approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diego’s most active and evolving multifamily submarkets. CommercialSale
Est. Payment: $11,355/mo
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$2,499,900 9669 Eighth Street Rancho Cucamonga CA * Opportunity * This property has a unique combination of features that make it highly desirable in the current market. Primary is the 5 free-standing, 2-bedroom residential homes with attached garages and fenced in back yards. One home has recently installed roof. Each home is leased at below-market rates, so there's upside potential. The huge 1.5 Acre lot premium is significant for future potential development and elevates the property's overall ceiling. This versatile space is zoned Center 1, which is suitable for Mixed Use, and is an ideal investment for diverse business opportunities including residential above ground-floor professional spaces, retail, and services among other permitted uses. City code allows for "building heights up to 4 stories, compact and connected environment, medium intensity development." The strategic location offers easy access to major roadways, Metrolink station with direct rail link to Union Station in Downtown LA, rail hubs, premier shopping venues such as Victoria Gardens, lifestyle amenities such as Wineries and fine dining venues, the EpiCenter Stadium & Sports Complex, Toyota Arena & Events Center, nearby Ontario International Airport, all set amidst award winning schools, colleges and trade schools. It's truly an incredible blend of suburban convenience, stunning mountain backdrops and top-tier amenities that translate directly into high tenant demand, premium rental rates and strong long-term property appreciation. The economic profile for 9669 Eighth Street is incredibly robust with a high potential to achieve a high Cap rate. The blend of high-earning professionals, the solid stability of the local healthcare and logistics industries makes this a high-demand area for savvy Mixed Use investors. The Seller, Agents and Brokers make no representations or warranties regarding the accuracy or completeness of the information provided in this listing. Buyers are encouraged to conduct their own due diligence and verify all allowed uses, zoning and details related to the property prior to making any decisions.1.50 Acres CommercialSale
Est. Payment: $11,265/mo
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$2,480,000 1246 N Kenmore Ave Los Angeles CA INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional convenience with close proximity to shopping, dining, entertainment, hospitals, schools, and easy access to major freeways, including the 101, 10, 110, and 5. Enjoy the vibrant lifestyle and nightlife that Hollywood is known for. Street parking is readily available throughout the surrounding area. The property consists of three separate buildings: 1. Right building # 1246 : 3 units. 2. Left building # 1250 : 3 units. 3. Real building # 1248: 2-story structure with 2 units upstairs and 2 units downstairs. The tenant mix includes long-term residents with both month-to-month and one-year lease agreements. Each unit is separately metered with 10 gas meters and 10 electric meters. Tenants pay their own gas, electricity, and trash services. The landlord pays for water bills. Financial Highlights: Gross annual income $ 141, 372.00. Total annual expenses $ 40, 115.00. ( Gardener: $ 2, 400.00., Insurance $ 17, 000.00, Property Taxes $ 14, 715.00, water $ 6, 000.00 ). The seller intends to complete a 1031 exchange. Buyer cooperation is requested; however, this will not result in any additional cost to the buyer.0.21 Acres CommercialSale
Est. Payment: $10,902/mo
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$2,400,000 40 W 13th Street Merced CA Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal.0.26 Acres CommercialSale
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