Neema Ahadian

1965 South Garth Avenue, a six-unit investment opportunity in the South Robertson neighborhood of Los Angeles. This is a centrally located property in Los Angeles with close proximity to Culver City, Beverly Hills and Century City that attracts high-end renters with a quick commute throughout the city. The subject property will be delivered with five of the six units vacant, allowing an investor to renovate and achieve market rents immediately upon the close of escrow. The building consists of five three-bedrooms units and one single unit with no buyouts or relocation required. At the projected market rents, once stabilized the building is being offered at a projected 5.33%-5.80% CAP rate. There are six total parking spaces with city approval and Tenant Habitability Program in-place for the seismic retrofit work required. Gas and electricity are separately metered and each of the units have central heat throughout.

We are pleased to present a unique owner user or investment opportunity at 6069 Horner St in the highly coveted Pico Robertson submarket, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The property totals 5,945 SF with three spacious units, one three-bedroom two- bathroom unit (approximately 1,650 SF) and two three- bedroom three-bathroom units (approximately 1,900 & 1,950 SF) that have been meticulously maintained since the property was constructed. All units have secure, Ring security entrances and feature luxury interiors with 10-foot ceilings throughout, custom wood cabinetry, stainless steel appliances, recessed, LED retrofitted lighting, hardwood flooring, spacious living rooms, ample storage space and in-unit washer and dryer; the three-bedroom two-bathroom unit has a long balcony with access from the living room and master bedroom, and the two three-bedroom three- bathroom units have a shared, approximate 600 SF patio at the rear of the property. Each unit has a two-car garage located at the front of the property; one unit utilizes half of the garage as storage space and another unit uses half of the garage as a home office. Limited landlord responsibilities as tenants are responsible for all utilities including waste removal. The property benefits from a significant affordability gap between renting and home ownership inthe neighborhood; within two miles of the subject property, the median home value is over $1MM; the average household income within two miles of the property is $117,622. Show more

559 Glenwood Rd is a seven-unit multifamily property stands out as a rare find in a sought-after residential area, promising both stability and growth potential for investors. Located on the strategic corner of Clement Dr & Glenwood Rd, the property benefits from its proximity to key educational institutions and is nestled in an affluent neighborhood that boasts a high average household income. Its accessibility to Downtown Glendale, major shopping centers like the Glendale Galleria, and essential freeways positions it as an ideal residential choice for a wide range of tenants. The building is currently fully occupied, featuring a mix of one single and six two-bedroom units with six parking garages, each with dedicated parking. Recent rent adjustments have been implemented, affirming the property's strong income generation capability. Despite its well-maintained status, highlighted by quality interior finishes such as hardwood flooring and recessed lighting, the property offers significant upside potential. With most units rented below market rates, strategic upgrades and unit turnovers could lead to an increase in rental income by over 45%. Offered at a competitive price per unit and per square foot, this investment presents a rare opportunity to enter or expand in the Glendale market. The combination of its location, full occupancy, and untapped value-add potential, set against a backdrop of limited market inventory, makes it a compelling choice for those looking to invest in a thriving residential rental market.

The Neema Group of Marcus & Millichap is pleased to present a multifamily investment opportunity at 1108 S Sherbourne Dr in the highly coveted Pico Robertson submarket, located just west of S La Cienega Blvd between W Olympic Blvd and W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth.The property totals seven units made up of four one-bedrooms and three two- bedrooms with parking; the soft story retrofit has been completed.True value-add opportunity with the majority of rents below market; offered at $342,857 per unit and $380 PSF at the asking price with over 27% rental upside.The property has been well maintained throughout the years, four units have been renovated with new kitchen countertops, backsplash, and stainless-steel sinks; mini split AC units have been installed in most of the apartments; value can be added with further interior renovations that could enhance rents including recessed lighting, updated bathrooms, new appliances, and high-quality vinyl flooring.There is a significant affordability gap between renting and home ownership in the neighborhood; within two miles of the subject property, the median home value is over $1 MM; the average household income within two miles of the property is $124,520.The Pico-Robertson neighborhood is an established Los Angeles community known for being highly walkable, providing an array of amenities within a half-mile radius, the property has a walk score of 86 and is within walking distance to S La Cienega, W Pico, and W Olympic Blvd with high-end retail options for residents.The Neema Group of Marcus & Millichap is pleased to present a multifamily investment opportunity at 1108 S Sherbourne Dr in the highly coveted Pico Robertson submarket, located just west of S La Cienega Blvd between W Olympic Blvd and W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth.The property totals seven units made up of four one-bedrooms and three two- bedrooms with parking; the soft story retrofit has been completed.True value-add opportunity with the majority of rents below market; offered at $342,857 per unit and $380 PSF at the asking price with over 27% rental upside.The property has been well maintained throughout the years, four units have been renovated with new kitchen countertops, backsplash, and stainless-steel sinks; mini split AC units have been installed in most of the apartments; value can be added with further interior renovations that could enhance rents including recessed lighting, updated bathrooms, new appliances, and high-quality vinyl flooring.There is a significant affordability gap between renting and home ownership in the neighborhood; within two miles of the subject property, the median home value is over $1 MM; the average household income within two miles of the property is $124,520.The Pico-Robertson neighborhood is an established Los Angeles community known for being highly walkable, providing an array of amenities within a half-mile radius, the property has a walk score of 86 and is within walking distance to S La Cienega, W Pico, and W Olympic Blvd with high-end retail options for residents.

This multi-family home is located at 1719 Stearns Dr, Los Angeles, CA. 1719 Stearns Dr is in the Pico-Robertson neighborhood in Los Angeles, CA and in ZIP code 90035. This property has 5 bedrooms, 3 bathrooms and approximately 2,910 sqft of floor space. This property has a lot size of 6000 sqft and was built in 1945.

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Rene Perez Jr

A 20-year real estate veteran focusing on helping the individuals and families of Southern California navigate the real estate market.  Whether buying or selling, trust experience.  My expertise is residential real estate and multi-family investments.  

Neema Ahadian

About Neema Ahadian

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5 properties

Los Angeles

Family Home

$2,300,000 to $2,400,000

5,900 ft² to 6,400 ft²

Properties for sale by listing agent Neema Ahadian

$2,400,000

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