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6% Current Cap Rate! Westfall Village is an excellent multifamily investment opportunity located in North San Diego County in the heart of Fallbrook, CA. Just a few blocks to downtown Fallbrook Main Avenue with tree-lined streets, restaurants, shops and more, the location is prime. With easy access to employment along the I-78 Corridor (Oceanside to Escondido) and a short drive to Cal State University San Marcos (the fastest growing University in California), Palomar College, Temecula and much more, Fallbrook is considered a desirable enclave separated from the hustle and bustle of urban city life. The property is within close proximity to spectacular wineries/vineyards, wedding venues, golf, equestrian centers, airport/airpark and more. The property spans across 2.24 Acres and includes 3 parcels with a total of 29 single-level units that offer single home feel and renovated interiors. Tenants enjoy covered off-street parking, a dog obstacle course and a dog wash room. The unit mix is mostly 2BR/2BA units, with 4 1BR/1BA units and 1 3BR/2BA detached SFR home. Interior renovations include stainless steel appliances including dishwasher and microwave, quartz countertops, custom cabinets, designer tile, custom paint, wood-style flooring, In-unit washer/dryer, A/C and ceiling fans. In addition to the attractive current CAP Rate of 6%, there is additional upside potential through cosmetic exterior upgrades & ADU addition.

Legacy property in a premier Pasadena location. Located at 514-570 N Madison, this offering includes six contiguous parcels totaling 77,460 square feet of land. Currently, the property features 25 existing units, primarily bungalows, across a combined building footprint of 19,506 square feet. The low building-to-land ratio creates a significant opportunity for a visionary investor or developer to unlock the full potential of the site through extensive ADU development. There is potential to add 25 new ADUs across the property. This development could nearly triple gross income, offering multiple exit strategies or establishing a valuable legacy asset for long-term investment. CAN BE SOLD TOGETHER OR SEPARATE.

We are proud to present 265 N Oakland Ave – A 19-Unit Multifamily Community Located Just Steps From Colorado Blvd. In Pasadena, CA. The property is located south of the 210-fwy near the corner of Los Robles Ave and Walnut St, just 1-block away from Colorado Blvd where all of Pasadena’s retail and entertainment collide. The property has undergone extensive rehab in the last several years. Aside from all units being fully rehabbed, additional upgrades to the property like in-unit washer and dryers, soft-story retrofitting, and keyless entry locks have also been added. Tenants at the property also enjoy secured access, gated parking, and private balconies in select units. The property is currently leased to students at Providence Christian College, whom has master leased the property for the last 5 years. Throughout the lease, ownership benefits from 100% collections every month, and up to 5% increases in monthly rent every year. The tenant assumes responsibilities that most landlords typically inherit, which allows for minimized landlord responsibilities with strong and reliable cash flow. 265 N Oakland Ave is a 19-unit multifamily property with ±14,192 SF of rentable building space. The property sits on over ±20,000 SF of land and offers ample parking and community area. The units consist of 15, 1-Bedroom/1-Bathroom and 4, large 2-Bedroom/1-Bathroom units. Based on the master lease in-place, the units average over $3,000 per month. On average, these units will rent slightly below that if leased traditionally, which allows an investor to cash flow stronger than competing apartment communities nearby. There is additional revenue potential through the addition of 2 ADUs (buyer to verify with city). This opportunity can be an excellent fit for an exchange buyer entering the multifamily market in Pasadena and capitalizing on the benefits of the master lease in-place.

Marcus & Millichap is proud to present a rare investment opportunity in the highly sought-after Culver City market. This 28-unit apartment building is located at 4620 S Slauson Ave, Los Angeles, CA 90230, in a convenient location near Downtown Culver City and the 405 freeway. The building, built in 1988, features 14 one-bedroom units and 14 two-bedroom units, making it an ideal option for a variety of tenants. The units are fully renovated and feature modern finishes, including built-in G.E./ Hotpoint electric appliances, quartz countertops, upgraded flooring, and central air conditioning and heat with a Nest thermostat. The 2-bedrooms conveniently feature a washer & dryer in each unit. The building also includes an on-site manager, a laundry room, 30 covered parking spaces, and additional storage options. With a rentable SF of 20,043 and a lot size of 22,525 SF, this stabilized apartment building presents an excellent opportunity for investors to acquire a stabilized property with consistent cash flow and predictable appreciation.The Culver City market offers an appealing mix of urban energy and neighborhood charm, making it an ideal place to live. Its central location in Los Angeles provides easy access to major job hubs, beaches, and cultural landmarks, while the city itself boasts a walkable downtown with top-notch dining, shopping, and entertainment options. Known as the historic home of major film studios, including Sony Pictures, the area blends old Hollywood charm with modern vibrancy. Its thriving arts district features contemporary galleries, theaters, and creative spaces, while the downtown area is packed with trendy restaurants, craft breweries, and boutique shops. Located in the heart of downtown Culver City, the Culver City Farmers Market is a vibrant, weekly gathering that showcases fresh, locally grown produce, artisanal goods, and a diverse array of prepared foods. It brings together farmers, food vendors, and the community every week. Culver City's walkable streets, lively energy, and community-focused events make it a standout destination in LA.

This incredible Laguna Beach oceanfront estate, designed by renowned architect Chris Abel, offers a rare combination of size, architectural excellence, privacy, and a deeded, roped-off private shoreline. As you enter the motor court through an electronic gate, you are immediately captivated by lush landscaping, breathtaking ocean views, and ample parking. Inside the main residence, panoramic ocean vistas greet you from the living room, professional-grade kitchen, and dining area. The dramatic post-and-beam design, complemented by oversized windows at every angle, creates a stunning visual experience. Directly off the living room, the first of six white-water ocean-view decks invites you to enjoy al fresco dining or take in the sunset year-round. Above the expansive living space, an oversized loft—ideal for an office or bonus room—includes a full bathroom. The primary suite features a spacious bedroom with direct deck access, an oversized bathroom, a walk-in closet, a sitting area, and a private office. Three additional guest bedrooms, an oceanfront deck, and a large laundry room complete the main residence. Connected by a dramatic spiral staircase, the guest house sits just above the sand, offering two bedrooms, one bathroom, a family room with a dramatic fireplace, a full kitchen, and a large oceanfront patio. From here, private stairs lead to the lowest deck and an exclusive sandy retreat. A truly rare feature in California, the roped-off private beach area allows for exclusive gatherings, barbecues, pets, and even adult libations—luxuries typically prohibited on public beaches.

Introducing this gorgeous estate on over 1 flat acre, just fully remodeled with designer upgrades that elevate it to new heights in luxury living. A massive entertainer's property of this size and caliber is incredibly rare in Calabasas. Tucked away at the end of a culdesac in a guard-gated community, the lush grounds are surrounded by mature trees for privacy and serenity. The impressive property offers the ultimate lavish lifestyle, boasting high ceilings and expansive spaces adorned with white oak hardwood floors, marble and the finest finishes. The long list of exceptional highlights must be seen: a full-court basketball stadium, gourmet kitchen, state-of-the-art movie theater, putting green, sunken fire lounge, 2 primary suite retreats, glass-enclosed whiskey & wine bar, billiards room, outdoor bar & kitchen, custom marble countertops and fireplaces.

Richard Neutra, A.I.A, 1947-1948 Sitting amongst its peers by Charles & Ray Eames, Eero Saarinen and Rodney Walker, the Bailey House remains timeless and exciting. In keeping with the Case Study program ideals the house was designed to be modest from the street yet elegant in its simplicity in the interior. Neutra, one of the more established and well known of the Case Study architects designed the house to blend with its surrounding nature. Marmol Radziner executed a sensitive restoration having elevated the house into the current century by seamlessly blending the new with the original. The house opens to the expansive rear gardens through the large sliding glass doors providing for a quintessential Southern California lifestyle.

A masterpiece of Mid century Modernism, The Veneklasen House was completed in 1951 by architect Kenneth Lind with Modernist maestro Pierre Koenig, famous for his Case Study Houses (#21 and #22); Koenig put a significant mark on the structure, most notably the living room with its distinctive accordion-fold glass wall. Situated up a private drive, off Mandeville Canyon Road, the residence is unassuming and discrete, accessed via a gated front courtyard; it underwent a comprehensive renovation in the period of 2019-2021 when Los Angeles-based firm, Chu-Gooding Architects, executed a masterful restoration and expansion plan, for which it won the 2022 AIA LA Award for historic preservation. One of the residence's most compelling features is the second level addition that created a gracious primary suite that takes advantage of the home's perch and canyon setting resulting in an experience that evokes the most luxurious tree-house ever built. A classic post and beam structure with expansive glass walls that reveal meticulous gardens, including an awe-inspiring tree that is more sculpture than tree, the v-shaped residence's elegant kitchen is the pivot point ensuring effortless flow and easy indoor-outdoor living. The interior material palette of dark walnut and grey green quartzite is introduced upon entering and continues consistently throughout; the craftsmanship of the millwork, finishes, and features is unparalleled. The Veneklasen House is a warm, elegant, eminently-livable home that is an indelible icon of Los Angeles' singular design heritage. Interiors published in Architectural Digest (July 6, 2022 edition).

Gated Mediterranean estate in the prime Beverly Hills flats. This exceptional residence features over 7,100 square feet of living space comprised of 7 bedrooms and 9 bathrooms on an over 11,000 sq ft lot. A 2-story foyer opens to a formal living room with a fireplace and ceiling-high French windows. The large formal dining room is served by an enormous butler's pantry designed for entertaining. This leads to a well appointed gourmet kitchen with tons of counter space, featuring a professional Viking gas range, 2 sinks, 2 dishwashers, a double oven and an additional cooktop. The attached breakfast room has ample space for intimate meals while overlooking the backyard waterfall, pool and spa. The family room features a wet bar and an additional gas fireplace. Also complementing the first floor is a separate wood-paneled office with built ins, and a maids quarters. Downstairs there is a huge basement with a functional wet bar for additional entertaining, a bedroom, bathroom and additional storage. The upstairs has 5 large en-suite bedrooms. The primary suite is over 1,000 square feet and has its own cozy fireplace, a built-in fish tank, 2 bathrooms, walk-in closets, and a balcony. Come discover this extraordinary home on Hillcrest which is known for its beautiful palm trees and historic luxury estates.