Luxury homes for sale & real estate in Franklin, CA

Luxury Home for sale in Franklin, CA:

Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this pro

Luxury Home for sale in Franklin, CA:

Pleased to present 833 E. 1st Street, a 10 * -unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. * The studio unit is non-conforming.

Luxury Home for sale in Franklin, CA:

Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!

Luxury Home for sale in Franklin, CA:

Welcome to your Dream Home! This Beautifully Re-imagined Rose Park South California Bungalow, originally built in 1922, blends timeless charm with modern convenience. Situated on a spacious 6,510 sqft lot, this 3 bedroom, 2 bath gem offers 1,157 sqft of open-concept living space and a 500 sqft separate ADU making it the perfect sanctuary for contemporary investment minded living or a 1031 exchange. As you approach the property, you'll be greeted by a large front porch that invites you to relax and savor the ocean breezes. Step inside to discover a light and bright interior featuring exquisite window and door moldings, and charming built-in cabinetry. The open living and dining areas are per

Luxury Home for sale in Franklin, CA:

This 5 units apartment building is perfectly situated in East Village Arts District. What a great place to live, work, eat, play and shop! This apartment building is a short stroll to an eclectic mix of restaurants, shops, and galleries. There is the beach bike path, Convention Center and Shoreline Village to the South and a vibrant Downtown to the west. This location is the epitome of urban living.

Luxury Home for sale in Franklin, CA:

We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered fo

Luxury Home for sale in Franklin, CA:

Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.

Luxury Home for sale in Franklin, CA:

736-742 Olive is a 12-unit apartment building located in Long Beach, CA. The property is priced at a 6.0% cap rate and an 11.56 GRM on current rents. Built in 1927, the property includes (2) studios, (1) 5BD/2BA unit, and (9) 3BD/1BA units. Parking is available on-site with eight (8) garages and eight (8) surface spaces. The majority of the units have been updated with new flooring, paint and countertops. New ownership can generate additional upside by converting garages to ADUs, without losing surface parking in the interior courtyards. With a 91 Walk Score, the asset is well located near vibrant Downtown Long Beach and Alamitos Beach.