Income Properties
Brentwood Income Property
Price $750K; Potential Rent: $3800/month
Sleek-Stylish Brentwood Condo. 2 BR approx 1100 sqft.
Sole unit on top floor in well maintained 7 unit complex. Balcony with great treetop views (rare in most condos).
Loft feel, open floor plan. Bamboo floors throughout, fireplace, updated kitchen with granite countertops and stainless steel appliances. Redone bathrooms with travertine and skylights. Fireplace in living area. Inside laundry. 2 car parking with private spacious storage room and storage bin. Good size custom closets. Excellent location on a quiet street.
Very high walk score. 5-minute walk to high-end commercial amenities, two Starbucks shops, world-class restaurants, offices, banks, doctor offices, etc. Only 5 miles to Rodeo Drive, Beverly Hills, Bel Air, beach, and top-rated hospitals. 2 miles to UCLA. 7 miles to Malibu. Good bike lanes.
Nearby schools include Brentwood Science Elementary School, Brockton Avenue Elementary School and University Senior High School.
The closest grocery stores are Vicente Foods, Whole Foods Market and Ralphs. Nearby coffee shops include Caffe Luxxe, Alfreds, Jamba Juice and Brew-N-Beans. There are 70 restaurants within a 15 minute walk including Vincenti Ristorante, Early World Restaurant and Vincenti Ristorante.
Brentwood: Nearby neighborhoods: Bel Air, Pacific Palisades, Westwood, Sawtelle, Encino, West Los Angeles and Beverly Glen.
Virginia Country Club Area: "The Bel Air of Long Beach"
This income property is for passive income keeps and can deliver a cap rate of 5 or more! Own an $800K home in a multi-million $ neighborhood. This 3BR/3BA secluded property in a gated community has a low HOA fee, excellent location, and immaculately upgraded. Community has tree-lined streets and only minutes from the intersection of the 405 & 710 freeways and only 6 miles from the beach. Only a block away, enjoy summer concerts in park, tennis courts, picnic areas & a high-tech playground. Walk to Trader Joe's, Starbucks, restaurants & shops within a mile. Although unassuming from the street, you'll stroll through a park-like atmosphere and enter a charming & super-cozy home. A former artist's residence, nestled at the end of a tree-lined cul-de-sac, you'll appreciate shady & sunny private grounds. Front and rear gardens wrap around two sides of this home, allowing natural light & nature to stream in. A private gate & courtyard leads to ~2,500 square feet of living space and 7000 sq ft lot, with many indoor/outdoor options, including a 4th bedroom potential. Call me to explore NOI, GPI, GOI, and any of your investment metric.
Hollywood Income Property
LOCATION, LOCATION, LOCATION. Idyllic upper Beachwood Canyon gem – one of the most desirable Hollywood area near the famous Hollywood sign. This property was a fixer upper that tripled its value when remodeled. Located in “Hollywoodland”, it is the legendary hillside location filled with “castles”, early film star homes, and unique views over Hollywood and LA basin. Features include:
- Relaxed vibe; enjoy privacy in this 3BR 2BA detached Beachwood Canyon home with a “treehouse feel”, making the neighborhood seem miles away from civilization yet conveniently near Hollywood nightlife, studios, 101,134, 174 freeways, Hollywood Bowl, theater, downtown LA, Griffith Observatory, hiking trails, Sunset Blvd, and everything Hollywood has to offer. Celebrities lived here (Madonna, Humphrey Bogart, Aldous Huxley)
- Serene canyon vibe and view; relax on spacious private backyard decks on 2 levels, stretching from the office to the breakfast area
- So much potential for update to a celebrity lifestyle home. Needs upgrades and priced accordingly; best value in a supreme location