Available Listings

$1,200,000
Pending

Los Angeles Area Multi-Family Home

Pending

2319 2nd Ave Los Angeles, CA 90018

12 Bed
8 Baths
7042 sqft
MLS# 24-378001
An incredibly rare 4-Unit Investment Opportunity in Jefferson Park, nestled on a Massive corner lot. This two-story Fourplex built in 1921, boasts 7,042+/-sqft of livable space and offers a desirable unit-mix of (2) 3 bedrooms/2 bath & (2) 3 bedrooms/1.5 baths. The formal living and dining room completes the spacious floor plans. The expansive 12,583+/-SF Lot Zoned for RD2 is prime for potential development, multiple ADU's or redevelopment into a larger residential complex subject to local regulations. Located in a revitalized district with rising property values and a strong demand for housing options. All units are tenant occupied with a generous rental upside $69,900/annually (+/-4.6% CAP Rate, +/-17.39 GRM). Add value opportunity with potential projected rental income of $153,600+/-/annually (+/-9.83% cap rate, +/-8.14 GRM). Gas & Electric are separately metered with a common building meter, and one water meter. Off-street parking can accommodate (8) spaces in rear. All on the same parcel, step outside to a tranquil front yard with grass for play and enjoy gardening at the community garden on the attached side yard- separate water meter attached to community garden- water consumption paid by LACGC. A thriving community with close proximity to West Adams, USC, DTLA, 10 FWY, Metro Expo Line, and plenty of exciting food options, including Insta famous Phillips Bar-B-Que. Whether you're looking to expand your investment portfolio or embark on a new development project, this fourplex offers the perfect blend of passive income and long-term growth potential.
Listing Courtesy of Combined L.A. Westside (CLAW) / Corcoran Icon Properties / Giuseppe Zumbo
$1,195,000
Pending

Berkeley Hills Area Single Family Home

Pending

12 Summit Lane Berkeley, CA 94708

4 Bed
3 Baths
1293 sqft
MLS# 41076527
Tucked away on a tranquil lane in the Berkeley Hills, this property seamlessly blends elegance & functionality. The main level features 3 bedrooms & 2 baths, a spiral staircase leads to a bonus space on the lower level that can be used as a 4th bedroom complete with its own full bath & access to the garden, plus a detached loft-style studio accessory building with lath ceilings, a kitchenette, a full bath, a workstation, a mezzanine with a fireman’s pole hand railing & 2nd washer & dryer. The public record SqFt does not include the lower level or the detached studio included in this unique and versatile property that is ideal for multi-generational living or potential passive income, subject to local rental regulations. The open-concept living room has a striking fireplace, hardwood floors, glass windows that seamlessly blend indoor & outdoor living, enhancing the homes natural light. The kitchen includes updated appliances, pantry, & skylight. Updated guest hall bath. The primary bedroom offers serene views & multiple closets. The main washer & dryer have an eco-friendly gray water system. Owned Solar panels, making this home both energy-efficient & environmentally conscious. Near Tilden & UCB, it offers an escape into nature while keeping the best of the city within reach.
Listing Courtesy of bridgeMLS / Corcoran Icon Properties / Giuseppe Zumbo