Community 7

$1,849,999

Lake Balboa, CA 91406

6403 Whitman

Lake Balboa, CA 91406

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View Property Welcome to 6403 Whitman, a fully entitled, RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring a monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

$2,399,999

Los Angeles, CA 90043

6524 Brynhurst

Los Angeles, CA 90043

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$3,799,999

Los Angeles, CA 90038

5436 Romaine

Los Angeles, CA 90038

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View Property Welcome to 5436 Romaine- A Modern Massive Brand New 2025 Construction fully vacant Non Rent Control 5-unit building that is located in an Qualified Opportunity Zone area which offers significant tax benefits (buyers can consult with their CPA for all the benefits). The property is currently fully vacant and the buyer has the option to be delivered 100% FULLY LEASED or vacant with a projected monthly income at $26,000 per month and a yearly gross income of $312,000. This sleek and modern 5-Plex features 9,437 sq ft of livable area, an unheard of projected cap rate of 6.60% in Hollywood with an amazing 92 walk score and an unmatched price per sq ft of $402 in Hollywood well below today's replacement costs . THERE IS POTENTIAL TO CONVERT THE GARAGES INTO 2 ADUS! This luxury complex is comprised 5 units, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging from approx 1800 sq ft-2100 sq ft with massive huge bedrooms throughout all units. The property is currently fully vacant and can be delivered 100% Fully leased with at $26,000 per month, and a yearly gross income of $312,000. 5436 Romaine is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix and Paramount Studios and it's very central location becoming very attractive for renters. Each unit has beautiful oak color vinyl flooring with a ton of natural light and additional recessed lights in all units. All units have brand new stainless steel appliances, washer, dryer and designer lovely grey kitchen cabinets with white calcatta quartz countertops, designer bathroom tiles, enormous balconies and patios, and Central A/C & Heating. The units consists of 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Buyer will enjoy a 1 year building warranty, low maintenance and very low expenses. Some of the units have beautiful views of the Griffith observatory, Hollywood sign and Hollywood Hills. Recent nearby 4plex building sold for $3,685,000 making this building an amazing deal, very attractive, with a high cap! Buyer to verify all!

$4,199,999

Los Angeles, CA 90019

4701 Saturn

Los Angeles, CA 90019

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View Property Welcome to 4701 Saturn Street, a gorgeous Non Rent Controlled, High End Brand New 2026 Construction Six Unit 100% FULLY LEASED with an unheard of cap rate of 6.04%, yearly gross income of $309,588 and a monthly gross income of $25,799! The property is located in the ultra trendy Mid-City area, just minutes from Culver City, West Adams and highly desirable area due to its centrality and walkability to coffee shops, grocery stores like Target, Sprouts, gyms, shops, entertainment district and many trendy restaurants. The building features an attractive unit mix of Four-3 bedrooms 3 baths, 1-5 bedroom 5 baths, and 1- 2 bedroom 2 bath. Each unit feature's efficient open floor plans with huge bedrooms, walk in closets, massive balconies and all units have a ton of natural light and 180 degree views from Century City and city. All the units features beautiful vinyl flooring with white cabinets, quartz white countertops, and clean sleek modern feel. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer Carrara shower tiles and each unit is separately metered for utilities to lower expenses for a buyer and easy to manage plus the property comes with 1 year builders warranty. The owner can deliver it fully vacant or leased for the buyers choice. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles. In addition, the luxury building is located just minutes from the Arts District, Helms Bakery, Cumulus which has the famous Whole Foods, Culver City Steps and Ivy Station, which is home to Apple, Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. The strong and ultra hot rent desirability and comps are being achieved in this neighborhood, largely due to the by the surrounding tech hubs, providing high-paying salary jobs. Mid-City overall is a very hot market, its centralized location makes it convenient to get all neighborhoods such as Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, Westside/Beach cities or Downtown within minutes and much more. There is a recent sale comp of a fourplex that sold for $3,600,000 nearby, averaging $900k per door while 4701 Saturn is priced at $699,999 per unit, making this a very attractive deal. The neighborhood is surrounded brand new construction close by giving a modern, and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits! Come act fast on an amazing deal!

$3,800,000

Downey, CA 90241

11517 Old River School Rd

Downey, CA 90241

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$3,800,000

Downey, CA 90241

11523 Old River School

Downey, CA 90241

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$1,195,000

North Hollywood, CA 91605

11849 Hart St

North Hollywood, CA 91605

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View Property Located in the heart of North Hollywood, 11853 Hart St offers an attractive multifamily investment opportunity in one of the San Fernando Valley’s most desirable and high-demand rental markets. This well-situated property benefits from a quiet residential street setting while still providing convenient access to major employment centers, shopping, and transportation throughout the greater Los Angeles area. The property features a five-unit apartment building comprised entirely of spacious two-bedroom, one-bathroom units (5–2+1). This highly desirable unit configuration appeals to a wide range of renters including families, roommates, and young professionals seeking comfortable living spaces in a central Valley location. Each unit is individually metered for gas and electric, helping reduce owner utility expenses and streamline property management. Tenants enjoy practical amenities including on-site parking and on-site laundry facilities, both highly valued conveniences in the local rental market. The building’s functional layout and unit mix provide strong rental appeal and long-term tenant stability, making it a solid asset for both seasoned investors and those seeking to expand their portfolio. The property is located near a variety of neighborhood conveniences including shopping centers, restaurants, grocery stores, and public transportation options. Residents are also just minutes from Los Angeles Valley College, providing consistent rental demand from students, faculty, and staff. Commuters will appreciate the quick access to the nearby California State Route 170, which connects easily to other major freeways and employment hubs throughout the San Fernando Valley and Los Angeles. The property is also conveniently located near Hollywood Burbank Airport, making travel simple for residents and adding further convenience to the location. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

$2,900,000

Walnut Creek, CA 94598

1942 Desert Cir

Walnut Creek, CA 94598

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$1,750,000

Long Beach, CA 90808

4255 Bellflower

Long Beach, CA 90808

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$1,499,000

Los Angeles, CA 90039

3225 Larga

Los Angeles, CA 90039

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$1,849,000

Walnut Creek, CA 94596

1594 Morgan

Walnut Creek, CA 94596

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$1,200,000

Bell Gardens, CA 90201

6608 Ira

Bell Gardens, CA 90201

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$1,489,000

La Puente, CA 91744

16138 Blackwood St

La Puente, CA 91744

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$1,500,000

Long Beach, CA 90814

3216 4th street

Long Beach, CA 90814

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$489,000

Bakersfield, CA 93305

600 Quincy

Bakersfield, CA 93305

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$699,888

Los Angeles, CA 90023

3016 Inez

Los Angeles, CA 90023

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$1,595,000

Venice, CA 90291

1920 Canal

Venice, CA 90291

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$1,595,000

Venice, CA 90291

1918 Canal

Venice, CA 90291

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$799,900

Los Angeles, CA 90003

226 89th

Los Angeles, CA 90003

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$1,275,000

Vista, CA 92084

1223 Monique

Vista, CA 92084

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Edwards Homes Team

Realtors DRE #01069397

5825 Avenida Encinas, Suite 101 Carlsbad 92008
quinn@edwardshometeam.com

Let us help you!

DRE #01069397
5825 Avenida Encinas, Suite 101 Carlsbad 92008
quinn@edwardshometeam.com

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