742-762 Bell St, Los Alamos, CA

Price: $1,195,000

Great development opportunity at the gateway to the growing town of Los Alamos. The Sagebrush Junction project is an entitled mixed-use development featuring 2 triplex apartment buildings, a duplex apartment building, and 2 commercial retail buildings, all being subdivided onto separate lots. Sagebrush Junction is prominently located on the corner lot facing the US 101 freeway on and off ramps, making it extremely visible for the commercial tenants and very convenient for the residential tenants. The project is ready for final construction drawing submittal and could be ready to break ground shortly thereafter.

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526 N L St, Lompoc, CA

Price: $1,395,000

Recession resistant 6plex in Lompoc. Four of the six units are rented to Section 8, which provides for the Housing Authority to pay their portion of the rent directly into your account! Three units are due for rent increases in January. Building has newer roof and 6 generously sized units, including (4) 3Bed/2Bath and (2) 2Bed/2Bath. Downstairs units have private patios, while upstairs units have high, open beam ceilings. All units have dual pane windows and are separately metered for electricity and gas. Building has new roof, fascia, gutters, and new exterior paint.

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2106 Wilmar Ave, Oceano, CA

Price: $899,000

4 Units on the south side of Oceano consisting of a detached 2Bed/1Bath house and a 2-story, townhouse style triplex of 2Bed/1Bath with private back patios. Two units have recently been renovated. Rents are low, providing a good opportunity to increase your income. This is a nice solid investment property ready to add to an experienced investor's portfolio or for the first time investor.

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401 Tiffany Dr, Santa Maria, CA

Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed/1.75Bath unit and (3) 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint. Lots of opportunity with this property.

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530 2nd Pl, Solvang, CA

Price: $915,000

Rare opportunity to acquire a 4-Plex in the busy city of Solvang. Units are all 1-bedroom/1-bath, two of which were renovated in 2008. Conveniently located in a residential neighborhood that is close to downtown and shopping, restaurants and schools. Building is simple and easy to maintain.

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1002 S Railroad Ave, Santa Maria, CA

Opportunity Knocks. Bread and Butter four-plex in Santa Maria. Needs some TLC. High demand, blue-collar area. Units have historically rented quickly. Unit A is vacant and is in need of updating. Call your contractor to check this out. Call your banker to get ready for cash flow.

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