Allden InvestmentsAllden Investments

Multi-Family & Commercial Real Estate

Helping People Invest Since 1979
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Featured Income Properties in the South Bay

Over $1,000,000 Price Reduction - Seller wants immediate sale! The entire asset has been gutted and redone front the studs out with permits. Recent $650,000 capital expenditure includes NEW: roofs, plumbing, windows, decking, railings, waterproofing (in the walls), as well as all new subpanels and ALL wiring throughout! The interior "fit-and-finish" is beach-chic, with nothing left to be desired. All units boast hardwood, marble, subway tile, recessed lighting etc. The building's location on its parcel, is also superior to virtually everything on The Strand. Setback requirements, at its date of construction were virtually non-existent- the front balconies almost hang right over the bike path and sand! The view is actually greater than 180 degrees! Making a perfect view, better.Offering affords an investor the opportunity to assume excellent, BELOW-MARKET, in-place financing. The current loan has a principal balance of $4,900,000 at a rock-bottom monthly payment of 4.25% Interest-Only $9,995,000

1836 THE STRAND Hermosa Beach, California

Beds 0 Baths 3,908 Sq Ft

This property boasts an outstanding trophy location just 100 yards from the beach, steps from Noble Park, and two blocks from Pier Avenue and its popular restaurants and bars. Additionally, Hermosa Beach House is located adjacent to the 30-room H20 Hotel development, and the median household income within one-mile exceeds $110,000.Hermosa Beach House consists of one two-story building that contains one two-bedroom and 15 one-bedroom units that are mastermetered for all utilities. The building also features a pool, garage parking, and on-site laundry.With substantial potential upside in rents and an excellent location in an affluent coastal city, Hermosa Beach House presents an outstanding value-add opportunity.Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting. $8,000,000

60 15th Street Hermosa Beach, California

Beds 0 Baths 7,903 Sq Ft

Once in a life time opportunity to own this magnificent 10-unit apartment building in the heart of Hermosa Beach. This well cared for property has two floors of living space up top, one level of subterranean parking garage and a wide open roof top deck with gorgeous ocean views. This building has 9,083 square feet on 6,483 square feet of precious Hermosa Beach land with R3 zoning. There are 4 units with 2 bedrooms and 2 baths, 5 units with 2 bedrooms and 1 bath and one unit which has 1 bedroom and 1 bath. There is a total of 16 parking spots in the garage. There are 5 assigned tandem parking spots, 5 single parking spots and one guest parking. Each unit is equipped with gas range, refrigerator and a dishwasher. There is a dedicated laundry room with two washers and two dryers, storage room and an interior bicycle storage area which fits the Hermosa lifestyle. Access to amenities are endless including the famous green belt, restaurants and shops and the strand. For families with children, there are award winning Hermosa Beach schools and high schools.This is epitome of South Bay beach living. $6,250,000

538 8th Street Hermosa Beach, California

Beds 0 Baths 9,038 Sq Ft

Situated adjacent to the most quiet and secluded parts of the Manhattan's beach, this vintage 1940's never to be duplicated 3 story triplex offers a 2 level, 2 bedroom ocean view apartment along with an upper one bedroom ocean view unit as well as an additional lower 1 bedroom apartment and 4 car garage. Just steps to Northend shops and restaurants with access to LAX, downtown and the Westside. $4,995,000

Manhattan Beach, California

Beds 0 Baths 2,214 Sq Ft

Trophy Income Property with Panoramic Ocean Views! Taken down to the studs in 2017, this virtually brand new 6 unit property is ideally located in a premier north Hermosa location. Features 6 one bedroom/one bath units each with new wide plank oak flooring, new windows and doors, new cabinetry, stainless appliances and quartz counter tops, frameless glass showers with bench seat, large bedroom closet, washer and dryer, A/C, and custom window blinds. Security gates and one over-sized garage space per unit (can handle large SUV’s). Income of $21,900 per month. Short walk to beach, gym, Boccato’s Groceries, and assorted other services. Just an 8 min. walk to downtown Manhattan Beach shops and restaurants. Panoramic sand and whitewater views from upper units and two of three lower units boast great ocean views. The continued growth of nearby Silicon Beach as a world-class tech hub in the South Bay and the home-ownership barriers that high-earning-young-professionals face, the lack of competitive inventory for the super-upgraded, 1-bed product is an under-served market niche. The tenant demographic for this product is made up of young professionals who no longer want to co-habitate with friends, who seek an upscale living environment, and who want an active beach lifestyle after work and on weekends. Demand for rare units like these will continue to put upward prices on rents. $4,695,000

3302 Manhattan Avenue Hermosa Beach, California

Beds 0 Baths 3,600 Sq Ft

WALKSTREET BELOW HIGHLAND 1.5 LOT 4064 SQ. FT. CAN BUILD 6900 SQ. FT. HOUSE OR 3 UNITS PANORAMIC OCEAN VIEW LOT 2 BEDROOM HOUSE $3500.00 2 BEDROOM $2850.00 1BEDROOM $1600.00 $4,500,000

227 32nd Street Manhattan Beach, California

Beds 0 Baths 2,068 Sq Ft

Panoramic white water views in the heart of the Manhattan Beach Sand Section. Grandfathered roof top deck offers an exclusive viewing area of the Manhattan Beach Pier & Christmas Fireworks show. Prime sand section location with its proximity to downtown Manhattan Beach, shopping, restaurants, and award winning Grand View Elementary. 7 total Parking spaces + golf cart parking. Be the lucky one to live the true Manhattan Beach life style. 323 23rd Street consists of 1502 Sqft, 2 bedrooms, 2.5 bathrooms and features a roof deck with stunning panoramic and sunset views. 324 23rd Place is 3 Bed, 2 Bath, & 1616 Sqft with an oversized tandem garage. Treated as a duplex, each property is a Single Family home with its own separate address and APN. Investor opportunity to hold now, collect rental income, and build later. Bring your architect to take advantage of this full size ocean view lot. $3,850,000

323 23rd Street Manhattan Beach, California

Beds 0 Baths 3,118 Sq Ft

Where Classic meets cool This walk street triplex has it all. 1912 Craftsman Architecture, but don't let that fool you. Step inside this 3 bedroom 2 bath home and breathe. Enjoy the modern amenities of indoor/outdoor living with Ocean views that will never blocked. The whole property has been updated from the top down. Roof, windows, plumbing, electric tankless water heaters.2 French doors open to deck and living area. Built in BBQ, stove, sink and bar. Outdoor seating an entertainment area. The home still retains its original charm with hardwood floors, wainscoting and large bay window but incorporates today's modern living. Built in surround sound both inside and out. Recessed lighting. The kitchen opens to the living room. Viking appliances and Breakfast bar.There is a downstairs bedroom and bath with jacuzzi tub as well as a laundry room. Upstairs are two bedrooms with private sitting areas. There is a bathroom upstairs as well. The whole house has plantation shutters.There is a roof-top deck that sits above the garage and set up for entertaining as well. After a morning surf rinse off at the outdoor shower. Behind the home sits two 1 bedroom units. They have been completely updated as well. Separate laundry room. The exterior of the whole property has new siding, stonework and lighting.By day or night this is one of the most recognizable properties in the beach communities with 80’ of frontage on Manhattan Ave .Virtual Tour for Drone Video. $3,700,000

2918 Manhattan Avenue Hermosa Beach, California

Beds 0 Baths 2,691 Sq Ft

Rare Opportunity to Purchase a Spectacular Manhattan Beach Duplex with HUGE Ocean views on a full 33 X 105 lot. Large owner's unit has 3 bedrooms and 3 full bathrooms with a modern floor plan that utilizes every inch of the square footage. Kitchen and living area are open, flexible space to maximize the utility as well as the beautiful views. A wall of french doors lines the living area, leading out to the giant 25 X 35 deck. The free flowing indoor/outdoor living concept and additional 800 square feet of deck space is part of what makes this property truly special! The savvy investor could occupy the large owner's unit, while benefiting from the supplemental income of the completely remodeled 2 bedroom 2 bath unit. Unique find offering the affordability to occupy a spacious, ocean view duplex, WITH additional income already in place. This allows more buying power to owner occupants, while also making sense for the A+ Area investor. The 2 bedroom 2 bath unit has just completed a BEAUTIFUL remodel with exquisite attention to detail that permeates throughout the property. All new kitchen & bathrooms feature custom cabinets, designer quartz countertops, stainless steel appliances, new flooring & much more! Front unit also offers a great patio for outdoor entertaining. Just a short walk to the beach and all of North Manhattan stores and restaurants. $3,300,000

3508 Alma Avenue Manhattan Beach, California

Beds 0 Baths 3,190 Sq Ft

This Hermosa Sand Section duplex has it all for property investors and/or shrewd owner-occupants looking to live in one unit and rent out the other. Fabulously located in the heart of Hermosa Beach on Manhattan Avenue and Pier Avenue, this duplex is just mere steps from the famous Hermosa Beach Pier and all of its restaurants and entertainment. The building offers exactly what you want in a beachside income property: big views, big units, and big rents (and the units have even more rental upside). Both apartments enjoy large 3-bedroom/2-bathroom spaces with an open kitchen/living room floor plan and have been completely rehabbed. Not only are the units turnkey but a new roof and newer garage doors were installed. What's more, the property boasts six parking spots which are immensely valuable in the impacted street parking area of the Sand Section. Finally, the property offers favorable commercial zoning that could allow certain business uses with a conditional use permit (buyer to verify). For an investment property, it is tough to find a better location, rehabbed units with big rents, and fabulous ocean views from both apartment decks. $3,299,000

1126 Manhattan Avenue Hermosa Beach, California

Beds 0 Baths 2,496 Sq Ft

Large, 4-story, North Manhattan mixed use building with over 3,000 sqft in residential living space and sweeping whitewater ocean views from Palos Verdes to Malibu. The property has a large parking garage located on the second floor with gated entry offering 4 parking spaces with a additional storage. Additionally, there are two leased parking spaces on Crest of which the leases transfers over in the sale of the property. From the parking garage an elevator provides entry to the 3rd level which has 2-bedrooms a kitchen, den, master bath and half bath. The 4th floor offers a kitchen, master bedroom with walk-in closet, master bath and half bathroom off the kitchen. The 3rd and 4th floor living areas and decks offer beautiful 180 degree views. Each living area has a gas fireplace, plantation shutters, & open beam ceilings. Each kitchen has granite counters & built-in double oven, stove top, and refrigerator and laundry area inside. Additionally there is a street front commercial unit (approximately 600 sqft) to call your own, or lease out. All units within the property are presently owner occupied. - Buyer to verify all information $3,200,000

4108 Highland Avenue Manhattan Beach, California

Beds 0 Baths 3,682 Sq Ft

Fantastic ocean and coast view. Unit #4 facing Catalina Avenue is a liquor store. $3,079,000

104 Avenue A Redondo Beach, California

Beds 0 Baths 3,959 Sq Ft

-Located on the Cusp of the South Bay's Hottest Market - Hollywood Riviera -Offered at $365,625 Per Unit -Walk to Riviera Village! -No Rent Control and Over 29% in Rental Upside -Less Than 2-Blocks from the Pacific Ocean -Old World Charm - Spanish Style Architecture -Unit Mix - (1) Two-Bed/One-Bath Cottage, (1) Two-Bedroom/One-Bath Unit, (4) One-Bed/One-Bath Units, and (2) Studio/One-Bath Units Pro-Forma Cap Rate of 5.33% & Pro-Forma GRM of 13.62 $2,925,000

227 AVENUE F Redondo Beach, California

Beds 0 Baths 4,186 Sq Ft

Seize the opportunity for this full lot, ocean view, furnished duplex in Downtown Manhattan Beach with parking for 6 vehicles!! Only steps away from all of the shops, restaurants, bars, the greenbelt, groceries, the *Pier* and all the sun, surf, sand and The STRAND! Each of the two units has 2 beds and 2 baths, private laundry, separate gas & electric meters, and balconies on the North and South sides with views straight down the center of town to the ocean. An extremely versatile property, you can live in one unit and rent the other out, or lease both units. Investors will appreciate that the furniture can be included in the sale and you instantly have a fully-furnished rental ready to lease for higher monthly rents during the the best time of the year to fill a vacancy! This lot is uniquely zoned MBRH (Residential High Density), so you may be able to build up to two townhomes (verify w City). Park 2 cars in the garages and up to 4 more vehicles on the abundant parking pad with alley access! $2,900,000

520 Manhattan Beach Boulevard Manhattan Beach, California

Beds 0 Baths 2,500 Sq Ft

732 9th Street is a four-unit apartment building in prime Hermosa Beach, California. This offering presents an excellent opportunity to acquire a partially renovated asset with significant potential upside in rents, a strong unit mix, and an outstanding location in an affluent rental market.The property is well-located less than a mile from the Hermosa Beach Pier and all of the popular retail, restaurant, and night life options on Pier Avenue. Additionally, tenants enjoy easy walking distance to Clark Field and the adjacent tennis courts and other recreation options. This is a highly sought-after area with consistently low vacancy rates, a strong tenant base, and a one-mile average household income that exceeds $168,000.732 East 9th Street offers four large two-bedroom/one-and-one-half-bath townhomes, two of which have been completely renovated. The remodeled units boast new kitchens, new flooring, new lighting fixtures, tankless water heaters and more, while all of the units boast in-unit laundry hookups and private patios. All of the units are separately metered for all utilities. The property also offers four single-car garages.Please see agent remarks regarding current income figures. $2,550,000

732 9th Street Hermosa Beach, California

Beds 0 Baths 3,840 Sq Ft

Welcome to Allden Investments

I'd like to welcome you to my website and thank you for taking your valuable time to visit it. I understand there are thousands of websites to choose from offering a wide variety of tools for real estate investors. My site is simple and easy to use. My search tool will give you up to date information on every listing that is posted on the South Bay Board of Realtors Multiple Listing Service (MLS) and over 150 additional associations throughout California and syndication websites like Zillow, Trulia, Realtor.com, Homes.com and dozens more.

Allden Investments' primary focus is Commercial and Residential Income property types. However, you are still able to search for Residential SFR and Townhome/Condo properties. The distinguishing difference between Allden Investments site and the competition is our Cash Flow Analyzer (CFA). After narrowing your search down to the few properties that meet your criteria, you'll have the ability to enter a few key pieces of information in the CFA and at the click of your mouse you'll generate a vibrant and printable PDF detailing the cash flow potential on the subject property and the debt service results using five different loan options. By knowing the cash flow potential on selected listings quickly and efficiently, you save valuable time and understand which property will give you the best possible return on your investment.

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