Shie Alony

Discover comfortable living in this well-kept apartment complex, featuring modern kitchens with granite countertops, bright living spaces, and easy-care flooring. Each unit offers cozy bedrooms, neat bathrooms, and ample storage. Enjoy the communal pool and sundeck for sunny day relaxation. Benefit from off-street parking and on-site laundry. Located minutes from shopping, dining, and transport. Ideal for those seeking a blend of convenience and quality. Resident responsible for all utilities

By use code: Residential - Double, Duplex, or Two Units - 4 Stories or Less

We are pleased to present this bite size deal in South Los Angeles.​ This 4-unit property sits on a 5,602 sq.​ft lot (0.13 acres), has a total building size of 2,238 SqFt, and boasts a good unit mix of (2) 1-bed/1-bath units, (1) 2-bed/1-bath ADU, and (1) 3-bed/1-bath house.​ This property is currently 3 legal units with 1 non-conforming unit which is a converted garage.​ However, the Seller has just received fully approved RTI plans to legally convert the nonconforming unit to a legal ADU.​ The seller will be selling this property as-is, and the Buyer will be responsible for completing the ADU conversion.​ The Seller has received bids to complete this ADU work, and the cost will be between $50,000 to $60,000.​Therefore, the buyer of this property should expect a total investment of up to $659,000 including the purchase price and ADU conversion cost.​ At this total cost, the buyers effective CAP rate will be 5.22% with the long-term value add potential of over 35% upside in rents.​ If the buyer was able to get all of the units to our very achievable market rents, the buyer will be able to achieve an extremely desirable 8.50% CAP rate and an estimated 17.81% cash-on-cash return!

Rick Warner is a Vanguard Properties Top Producer, founder of The We Group, Certified Probate and Trust Specialist and Certified Residential Real Estate Divorce Specialist serving Petaluma, Santa Rosa, Novato, Rohnert Park, San Rafael and communities throughout Sonoma and Marin Counties. With more than 22 years of experience, 500+ confirmed transactions totaling more than $351 million in closed sales, and 130+ five-star client reviews, and recognition as a Top 1% REALTOR® since 2014, Rick specializes in probate, trust, and divorce-related real estate while also helping buyers, sellers, investors, and luxury clients achieve successful outcomes through strategic guidance, skilled negotiation, and exceptional service.


Rick Warner

Broker of Trimax Realty, Inc. and in the industry for 26years. Residential, Commercial, Loans... we handle it all. it's not all about commissions... it's about the relationship and building together while protecting your interests. Let's talk and see what I can bring to the table for you.

Fred Nabati

I’m a residential real estate specialist serving the South Bay, Palos Verdes, Long Beach, and surrounding communities. I focus on guiding buyers and sellers with clear strategy, strong negotiation, and a step-by-step approach that removes uncertainty from the process. Whether you’re purchasing your first home or preparing to sell, my goal is simple: help you make confident, well-informed decisions that protect your investment and maximize your results.

Shie Alony

About Shie Alony

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Recent property sales & transaction history

3 properties

Compton

Family Home, Apartment

$1,050,000 to $1,600,000

800 ft² to 1,600 ft²

Properties for sale by listing agent Shie Alony

$1,475,000

$1,695,000

$599,000

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