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914 S GRAMERCY Drive
Los Angeles, CA 90019

  • Residential Income - Commercial Apartments
  • For Sale: $4,490,000

1039 Montalban Street
San Luis Obispo, CA 93405

  • Residential Income - Commercial Apartments
  • For Sale: $4,475,000

1135 LEIGHTON Avenue
Los Angeles, CA 90037

  • Residential Income - Commercial Apartments
  • For Sale: $4,450,000

Los Angeles, CA 90066

  • Residential Income - Commercial Apartments
  • For Sale: $4,400,000

208 E LOMITA Avenue
Glendale, CA 91205

  • Residential Income - Commercial Apartments
  • For Sale: $4,400,000

3245 W AVENUE 32
Los Angeles, CA 90065

  • Residential Income - Commercial Apartments
  • For Sale: $4,400,000

8515 ALCOTT Street
Los Angeles, CA 90035

  • Residential Income - Commercial Apartments
  • For Sale: $4,395,000

346 S WILTON Place
Los Angeles, CA 90020

  • Residential Income - Commercial Apartments
  • For Sale: $4,390,000

225 Palmetto Dr
Alhambra, CA 91801

  • Residential Income - Commercial Apartments
  • For Sale: $4,380,000

208 S Vicentia Avenue
Corona, CA 92882

  • Residential Income - Commercial Apartments
  • For Sale: $4,375,000

Based on information from California Regional Multiple Listing Service, Inc. as of May 19, 2019. 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. To view the full disclaimer, please click here.

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.

Property Investments and Commercial Apartments in Southern California

A commercial apartment is a classification of housing where multiple separate housing units for residential tenants are contained within one building or there a several buildings within one complex. Sometimes units in multi-family investment property or residential building are condominiums, where typically the units are owned individually rather than leased from a single apartment building owner. There can be multiple apartments on each floor and there are often multiple floors. Apartment buildings can range in many sizes, some with only a few apartments, other with hundreds of apartments on many floors, multiple buildings or any size in between. There are often inside hallways and inside entrances to each apartment, but outside entrances to each apartment are also possible.

Your commercial apartment or multifamily residential income property can serve as a vacation rental in the great climate of Southern California's many destination cities. Coastal cities are especially popular and although you may command higher rents, you may consequently pay a higher purchase price. With many cities allowing vacation rental conversion and the increasing popularity of web sites like VRBO (vacation rental by owner) you can create multiple short term rentals with higher asking rates. Fewer and fewer commercial apartment buildings are being built in California, creating higher demand for a limited supply.

Overall, it’s a great time to invest in fourplexes, triplexes, duplexes and commercial apartment buildings, as an improving economy is driving down unemployment rates and driving up rental rates.

Owning a commercial apartment has a number of special advantages.

1. More Income With The Same Money-Saving Strategies As Smaller Properties

Many investors mistakenly think they cannot use fix and flip and no money down strategies used when buying single-family units to purchase commercial apartments. In fact, these same options are available when purchasing multi-family investment properties.

2. Less Competition For Tenants

Although many people still desire the American dream of owning their own home, often market rates greatly supersede income inflation, making it unattainable for many. While an apartment can be appealing to a younger crowd, they are not as appealing to those looking to raise a family, or to start a new married life. This in itself is advantageous to you as well as a buyer because while many people are in the market for single family homes amongst the multitude available, you may have less competition in the commercial apartment market, of which they are building less of them everyday.

3. Easier Management & Potential Lower Cost of Ownership

Hiring a property manager can help you control owner/ landlord expenses, manage tenant issues and if necessary can guide you through the sticky Section 8 and the unavoidable eviction process. With use of property management, you can enjoy all the benefits of ownership, while others put in the effort. Property management can be a time saver and for those with larger portfolios, it can be easier than having multiple multi-unit investment properties spread out in separate locations across town.

You’ll save time and money traveling from property to property and take care of everything in one place. Landlord /owner expenses often include taxes, insurance and maintenance and repairs. When a problem occurs, you have to come out of pocket to resolve issues as they arise.

Invest with us and request more information about the historical CAP Rates for your next commercial apartment in cities of your choice and ask about the GRM (Gross Rent Multiplier) for specific listings.

Information gathered from Wikipedia,, and