Not Defined (699) Homes with Residential Income Property Type

Not Defined (699) Homes with Residential Income Property Type

Welcome to the enchanting region of Not Defined, nestled in the heart of California! This vibrant area is a hidden gem that boasts a unique blend of natural beauty, cultural diversity, and economic opportunity, making it an ideal place for both residents and investors alike.

The charm of Not Defined lies in its picturesque landscapes, from rolling hills to serene parks, offering a perfect backdrop for outdoor enthusiasts. With a mild Mediterranean climate, residents can enjoy year-round sunshine, making it an inviting locale for families, retirees, and young professionals. The community is rich in amenities, including trendy cafes, boutique shops, and local farmers' markets that celebrate the region's agricultural heritage.

What truly sets Not Defined apart is its thriving real estate market, particularly in residential income properties. Whether you’re looking for a multi-family home or a property with rental units, this area offers a plethora of opportunities to generate passive income. The demand for rental housing remains strong, fueled by a growing population and the influx of new businesses. This makes it a smart investment for those seeking to diversify their portfolio or embark on their first venture into real estate.

In addition, the local schools are highly rated, and community events foster a strong sense of belonging, making Not Defined not just a place to live, but a place to thrive. With its combination of charm, opportunity, and community spirit, Not Defined is the perfect backdrop for your next real estate investment. Embrace the potential of this remarkable region and discover the possibilities that await you!

Newest Not Defined (699) Homes with Residential Income Property Type

$2,299,999
SR26168540 MLS Active Status
Attention Investors & Developers – Brand New 5-Unit Investment Opportunity in Prime Sunland/Tujunga! Welcome to 10608 Turnbow Street, a rare opportunity to own a newly constructed five-unit income property in one of the Northeast San Fernando Valley’s fastest-growing rental markets. Featuring four beautifully built residential units plus an approved approximately 620 sq. ft. ADU, this exceptional investment, allowing the new owner to immediately lease at current market rents and maximize cash flow. The property offers approximately 2,842 square feet of living space on a 6,938 square foot lot and has been thoughtfully designed with five separate utility meters for gas, water, and electricity, helping reduce owner expenses while increasing long-term investment efficiency. Ideally located just off the Sunland Boulevard exit of the 210 Freeway, the property sits at the gateway of Sunland and Tujunga, providing convenient access throughout the San Fernando Valley, Glendale, Pasadena, Burbank, and Downtown Los Angeles. Residents will enjoy being within walking distance of shopping, restaurants, grocery stores, parks, and everyday conveniences. The location is served by well-known local schools including Sunland Elementary School, Mt. Gleason Middle School, and Verdugo Hills High School. Outdoor enthusiasts will appreciate the close proximity to Hansen Dam Recreation Area, Verdugo Mountains Open Space Preserve, La Tuna Canyon, and the Angeles National Forest, offering endless opportunities for hiking, biking, horseback riding, golf, and year-round recreation. Major destinations such as Dodger Stadium, Old Town Pasadena, Universal Studios Hollywood, and Downtown Los Angeles are all within a convenient drive, making this an attractive location for tenants seeking both suburban comfort and city accessibility. Whether you’re expanding your real estate portfolio or completing a 1031 exchange, this turnkey five-unit property presents a rare opportunity to establish immediate rental income with outstanding long-term appreciation potential in one of Los Angeles’ most desirable foothill communities.

10608 Turnbow, Los Angeles

$3,495,000
BB26165783 MLS Active Status
6700 Balboa Blvd is a massive, brand new construction 5-unit luxury townhome community in the heart of Lake Balboa. Just steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED! Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low vacancy.This trophy asset offers striking curb appeal on a rapidly evolving street and is fully leased at a strong 5.67% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,524–1,721 SF) features 4 bedrooms with en-suite baths, expansive living areas, and high-end designer finishes throughout. Interiors include open-concept kitchens with oversized islands, modern cabinetry, stainless steel appliances, high ceilings, large closets, and spacious balconies off both living areas and bedrooms. Additional features include drought-tolerant landscaping, abundant natural light, and private garage parking accessed via a rear alley (preferred by tenants). The property is separately metered for all utilities keeping utility expenses at zero. Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained, high-demand Valley submarket.

6700 Balboa, Los Angeles

$1,500,000
PW26165315 MLS Active Status
We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive ±13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADU’s, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regional connectivity throughout Orange County. This offering presents investors with the rare opportunity to acquire a well-located multifamily asset featuring meaningful rental upside, multiple value-add strategies, and long-term development potential in one of Orange County's most sought-after rental markets.

1735 W Washington, Santa Ana

Start Your Search

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.