Not Defined (699) Homes with Apartment Subtype

Not Defined (699) Homes with Apartment Subtype

**Discover the Allure of California Living: Homes with Apartment Subtype**

Nestled in the heart of California, the region of Not Defined (699) offers an enchanting blend of vibrant culture, stunning landscapes, and diverse communities. This area is a hidden gem, ideal for those seeking a dynamic lifestyle without sacrificing comfort. Known for its year-round sunshine and mild climate, residents can enjoy outdoor activities and social gatherings throughout the seasons.

The real estate market in this region is particularly exciting, especially for those interested in homes with an apartment subtype. These unique properties provide an excellent opportunity for multi-generational living, rental income, or simply the luxury of extra space. Imagine having a cozy apartment attached to your home, perfect for guests, a home office, or even a creative studio. The versatility of these homes caters to a variety of lifestyles, making them a sought-after choice for families and professionals alike.

In addition to the residential appeal, Not Defined (699) boasts a rich tapestry of amenities. From trendy cafes and boutique shops to beautiful parks and recreational facilities, there’s something for everyone. The community is well-connected, with easy access to major highways and public transportation, ensuring that the vibrant cities of California are just a short drive away.

Whether you’re looking to invest, relocate, or simply explore, the homes with apartment subtype in this charming region provide the perfect canvas for your California dream. Experience the warmth of community, the beauty of nature, and the excitement of urban living all in one place. Welcome home!

Newest Not Defined (699) Homes with Apartment Subtype

27500 Violin Canyon, Castaic
$2,595,000
SR26238520 MLS ⋅ Active Status
9.12 GRM | 8.04% CAP | 100% Occupied | All 2+2 Units | We are pleased to present Castaic Apartments, a rare 12-unit multifamily investment opportunity located in one of the Santa Clarita Valley’s most supply-constrained rental submarkets. Built in 1985, the property features 11,191 SF of building area on a 18,134 SF corner lot with excellent street exposure and convenient Interstate 5 access. The property offers an exceptional unit mix consisting entirely of spacious two-bedroom, two-bathroom residences, complemented by central air conditioning, on-site laundry, a central courtyard, and 24 parking spaces, including 18 covered spaces. Castaic Apartments offers investors strong in-place income, streamlined operating expenses, and significant value-add potential through interior renovations, rental upside, and possible ADU development, subject to applicable approvals. Additional investment advantages include a clear SB 721 inspection report, attractive CAP rate and GRM, and a highly competitive acquisition basis. According to CoStar, only one multifamily sale has occurred in Castaic over the past two years, highlighting the scarcity of investment opportunities in this tightly held submarket. Strategically situated near Castaic Lake and surrounded predominantly by single-family neighborhoods, the property benefits from proximity to shopping, dining, schools, outdoor recreation, and major employment centers. Convenient Interstate 5 access connects residents to Valencia, Santa Clarita, the San Fernando Valley, and greater Los Angeles. Combining immediate cash flow, rental upside, and limited competing inventory, Castaic Apartments represents a compelling long-term multifamily investment opportunity.

27500 Violin Canyon, Castaic
1408 N Sycamore, Santa Ana
$1,750,000
OC26233339 MLS ⋅ Active Status
1402-1410 N Sycamore Street, a five-unit multifamily property in central Santa Ana. Offered for the first time in more than 30 years, the property gives investors a rare opportunity to acquire a stable, income-producing asset in one of Orange County's highest-demand rental markets. The property consists of two detached buildings on a 9,044 SF lot, with three, one-bedroom units and one, two-bedroom unit, and one, three-bedroom unit. The diverse mix appeals to a broad tenant base, from individuals to families, supporting consistent occupancy and lower turnover risk. Residents benefit from ample on-site parking, including four garage spaces, two carport spaces, and two open spaces, an amenity rarely found in central Santa Ana. The property is fully occupied and generates $138,000 in annual gross income. Tenants pay their own gas and electric, keeping owner utility expenses low. The property sits minutes from Downtown Santa Ana, the 4th Street Market, and the I-5 Freeway, providing residents convenient access to employment, dining, and entertainment throughout Orange County. The surrounding area continues to attract significant investment, with several major residential and mixed-use developments planned nearby. For investors seeking durable cashflow in a supply-constrained submarket, 1402-1410 N Sycamore Street offers a well-located asset with upside.

1408 N Sycamore, Santa Ana
33071 Santa Rosa, Lake Elsinore
$4,700,000
IV26225634 MLS ⋅ Active Status
Santa Rosa Mountain Villas is a unique and highly leasable 18-unit multifamily community built in 1987, comprising approximately 17,640 square feet of rentable space. The property consists of three identical two-story apartment buildings, each with a separate legal address (33071/33081/33091), situated on an approximately 56,628-square-foot lot. Also included in the offering is an additional contiguous, undeveloped 19,750-square-foot parcel featuring approximately 62 feet of frontage on Grand Avenue, property signage, and a sewer connection. Together, the parcels comprise approximately 1.75 acres, providing potential opportunities for the development of additional units on the improved parcel and/or the adjoining outparcel, subject to applicable zoning, entitlements, and governmental approvals. Each building contains six two-story, townhome-style residences and a laundry room providing additional owner income. Each approximately 980-square-foot unit features two bedrooms, one-and-one-half bathrooms, a private enclosed rear patio, central HVAC, and an individual water heater. Nearly all residences feature vinyl plank flooring throughout the first floor and upstairs full bathroom. In recent years, several units have received additional interior upgrades, including quartz or granite countertops in kitchens and bathrooms, as well as stainless-steel gas ranges, microwaves, and dishwashers. With its combination of townhome-style floor plans, substantial parking, lake and mountain views, operational efficiencies, additional land, and possible future development potential, Santa Rosa Mountain Villas presents investors with a distinctive multifamily investment opportunity in Southern California.

33071 Santa Rosa, Lake Elsinore
2500 2506 E Spaulding Street, Long Beach
$4,995,000
PW26223076 MLS ⋅ Active Status
2500-06 East Spaulding Street is an updated 18-unit apartment property in Zaferia, a largely built-out submarket of East Long Beach. Built in 1962, the two-building, 14,866-square-foot property is offered at $4,995,000, or $277,500 per unit and $336 per square foot. All 18 units are updated two-bedroom, one-bath floor plans, and the building has fresh two-tone exterior paint and a central courtyard. In-place rents of $37,871 per month carry a 6.2% capitalization rate on $307,432 of net operating income, and the $40,500 per month the unit mix supports at market takes net operating income to $333,657 and the return to 6.7%. Eight enclosed garages, eight open parking spaces and two onsite laundry rooms give the building amenity depth uncommon at this size. RUBS, parking and pet income add $1,790 per month in ancillary revenue. Each unit is individually metered for electricity, giving residents direct control over utility costs and holding the owner-paid expense load down. Gated keypad access adds security and supports longterm tenant retention. Interiors feature stainless steel appliances, wood-look plank flooring, and ceiling fans, finishes that support durable occupancy and continued rent growth in one of Long Beach’s most walkable neighborhoods.

2500 2506 E Spaulding Street, Long Beach
12561 Camus Lane, Stanton
$1,700,000
OC26222223 MLS ⋅ Active Status
12561 Camus Lane is a 6-unit multifamily investment property located in Stanton, CA. Built in 1964, the property encompasses approximately 5,067 net rentable square feet on a 0.19-acre parcel. The property features a unit mix of 4 one-bed/one-bath units and 2 two-bed/one-bath units, offering floor plans that accommodate a variety of renter needs. Unit #5 is currently vacant and rent ready. Residents benefit from 6 single-car garages, providing one garage space per unit, along with an on-site laundry facility. Select residences also feature private patios, offering additional outdoor living space. The property’s location near Beach Boulevard and Lampson Avenue provides residents with convenient access to an extensive selection of shopping, dining and everyday services. Just south of the property, Rodeo 39 Public Market offers a diverse collection of restaurants, specialty retailers and gathering spaces, while additional grocery stores and neighborhood-serving retail along Beach Boulevard provide everyday conveniences. Residents are also a short drive from The Promenade at Garden Grove, a major shopping destination featuring Walmart, ALDI, Marshalls, Ross Dress for Less, Regal Cinemas and numerous dining establishments. Transportation accessibility further enhances the property’s appeal. Beach Boulevard serves as a major north-south corridor connecting communities throughout western Orange County, while nearby SR-22 provides convenient regional connections to I-405 and I-5. These thoroughfares place employment centers, entertainment destinations and surrounding communities throughout Orange County within reach. Held by the same ownership since 1994, 12561 Camus Lane offers investors the chance to acquire an established 6-unit multifamily property following more than three decades of continuous ownership. Its residential setting, on-site amenities and proximity to major retail destinations and transportation corridors contribute to its long-term investment appeal.

12561 Camus Lane, Stanton
876 S D, Perris
$6,500,000
OC26221383 MLS ⋅ Active Status
The Mogharebi Group is pleased to present New Majestic, a distinctive mixed-use investment opportunity located at 876 S D Street in the heart of Perris, California. Built in 2019, this three-story property features 15 spacious apartment homes totaling approximately 20,600 square feet, along with eight ground-floor retail spaces totaling approximately 7,544 square feet, for a combined 28,144 square feet. The residential component consists of four two-bedroom/two-bathroom units and eleven two-bedroom/two-and-a-half-bathroom townhome-style units, with floor plans ranging from approximately 1,085 to 1,400 square feet. Quality construction and desirable amenities include granite countertops, hardwood-style flooring, stainless-steel appliances, washer/dryer hookups, private patios or balconies, and a controlled-access environment. Strategically positioned across from Mercado Park in downtown Perris, New Majestic offers investors the opportunity to acquire a newer-construction asset with diversified income streams from both residential and commercial tenants. The property benefits from proximity to shopping, dining, employment centers, the Perris-Downtown Metrolink Station, and Interstate 215. Individually metered gas and electricity there is a potential additional RUBS income opportunity for operational efficiency and increased revenue. With its attractive unit mix, modern construction, prominent downtown location, and potential for income growth, New Majestic represents a compelling investment opportunity in Riverside County's expanding Inland Empire market.

876 S D, Perris
285 W Center Street, Pomona
$1,725,000
PW26221460 MLS ⋅ Active Status
Pleased to present 285 W. Center Street, a 9-unit apartment community located in the heart of Pomona. The property consists entirely of spacious one-bedroom units averaging approximately ±830 square feet each. Six of the interiors have been thoughtfully renovated, including upgraded water lines, electrical improvements, and modern finishes, providing immediate appeal to prospective tenants. Residents benefit from on-site open parking with nine dedicated spaces located at the rear of the building. With a combination of large floorplans, upgraded units, and strong local rental demand, the property offers investors a stable asset with clear value-add potential.

285 W Center Street, Pomona
911 N Walnut Street, La Habra
$7,500,000
PW26219075 MLS ⋅ Active Status
We are proud to present the Walnut Apartments; a pride of ownership 22 unit apartment community located in a prime La Habra, Orange County location. The subject property possess an excellent and diverse unit mix of: 7 (3+1.75), 10 (2+1), and 5 (1+1). Additionally, all of the units are separately metered for gas and electric, plus are RUBS are in place with the tenants offsetting landlord utility bills and improving cash flow. There is is also a common laundry room providing the landlord with additional income. The subject property electrical system has been upgraded with newer exterior electrical panels and interior sub panels for all units - a key upgrade required for securing property insurance. Some of the units have been renovated with a combination of new kitchens with new cabinetry, counter tops and fixtures and new bathrooms. Some units have private patios which is a highly coveted tenant amenity along with a sparking pool. Please see attached supplements for marketing brochure containing additional information: rent roll, operating expenses and photos. The Walnut Apartments are being offered at an in place 5.36% CAP rate and 11.3 GRM, with upside to a 6.4 CAP rate and 10.08 GRM on proforma rents, ensuring immediate, and future, returns for a savvy multifamily investor.

911 N Walnut Street, La Habra
1383 Baker, Costa Mesa
$1,550,000
NP26216295 MLS ⋅ Active Status
Fully occupied triplex in central Costa Mesa offering in-place income with roughly 18% rental upside. The property consists of two 2-bed/1-bath units and one 2-bed/1.5-bath two-story townhouse, totaling approx. 2,785 SF on a 6,500 SF lot. Current rents are below market, giving an investor a clear path to increase income as units turn. No utility bill-back program is currently in place, providing an immediate opportunity to implement RUBS. Low operating expenses help preserve cash flow as rents move to market. Garage parking on site. Ideally located near Baker St. retail, TeWinkle Park, South Coast Plaza, Orange Coast College, and quick access to the 405 and 55 freeways.

1383 Baker, Costa Mesa
248 S Occidental, Los Angeles
$3,900,000
SR26216020 MLS ⋅ Active Status
Prime Investment Opportunity in Los Angeles! This 21-unit apartment building offers an exceptional investment opportunity in a highly sought- after area. The property features a well-rounded mix of spacious units, including 19 one-bedroom apartments, one two-bedroom unit, and a unique three-bedroom penthouse on the rooftop with its own private outdoor space, perfect for commanding top-tier rents. Located in a high-demand neighborhood, the building enjoys a strong occupancy rate and a steady stream of rental income. Tenants benefit from the convenience of nearby shopping, dining, and public transportation, enhancing the appeal of the property for long-term renters. With considerable potential for value-add improvements and rent growth, this asset offers a lucrative opportunity for investors seeking both stable cash flow and future appreciation. Don’t miss the chance to capitalize on this prime investment opportunity!

248 S Occidental, Los Angeles
12132 Bailey, Garden Grove
$2,145,000
PW26215299 MLS ⋅ Active Status
We are pleased to present a turn key 4-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of four fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.

12132 Bailey, Garden Grove
28213 Via Princesa, Murrieta
$1,425,000
PW26213943 MLS ⋅ Active Status
100% Occupancy four-plex in the heart of desirable and growing Murrieta! This well-located income property features four units each offering 2 bedroom and 2 bathrooms, along with a single carport. Three of the units also feature private, enclosed backyard with privacy fencing. The property includes a community laundry room, providing an additional potential source of income. Located just off Murrieta Hot Springs Road, this fourplex is conveniently situated near grocery stores, restaurants, retail centers. An excellent opportunity to own fully occupied multifamily in a desirable Murrieta location.

28213 Via Princesa, Murrieta
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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