Allden InvestmentsAllden Investments

Multi-Family & Commercial Real Estate

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

The entire asset has been gutted and redone front the studs out with permits, as necessary. The 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. Lastly, the 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 - until August 2020. $10,999,000

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

Great investor opportunity to own a truly one-of-a-kind property in the Sand Section of Manhattan Beach. Sitting up high on a near double lot (rare 60 feet of prime walk street frontage), this property consists of a 3,600 sq ft 4 bedroom main house with (two) 2 bedroom and 2 bath income or guest homes. The property has been fully remodeled down to the studs with new HI-END EVERYTHING! No expense was spared on the development of this legal triplex. Each of the apartment style units is approximately 1,200 sq ft with a total combined sq ft of over 6,000 sq ft. There are nice ocean views from the top floors and a fabulous indoor outdoor upper level that surely will be the highlight of the parties! The main home features include 4 bedrooms all with their own baths and two half baths. There is an amazing top level living space with indoor outdoor vibe, full wet bar, and great ocean views. All of the units have Central Air Conditioning, security and sound systems, top of the line Thermadore stainless appliances, flat screen TV's throughout, washer and dryers, 7" wide plank oak floors, and more...The property boasts an incredible 12 legal parking spaces and has great views of the ocean, mountains, valley, Catalina, and Malibu. The location is near everything we love about Manhattan Beach. Just blocks to the shops and restaurants of downtown MB, parks, award winning Grandview elementary school, and the beach. There is nothing else like this at the beach. Must be seen to be appreciated $7,395,000

424 20th Manhattan Beach, California

Beds 0 Baths 6,073 Sq Ft

Location! Location! Location! Introducing Acapulco Apartments - a very well maintained 12-unit building in the Hollywood Rivera area of South Redondo Beach. Just steps to the beach, sand, and surf. (3) Two Bedroom, (7) One Bedroom, and (2) Studio Apartments. Top 2 units feature ocean views. Nine units have been upgraded – some with new kitchens, new baths, and new flooring. NO RENT CONTROL. Great opportunity for an investor or 1031 exchange. This is a rare opportunity to own your own slice of heaven. Riviera Village has grown into a worldwide destination while maintaining its charm. This gem is walking distance to Zagat rated restaurants, local boutiques, and three wine tasting galleries. Riviera Village offers upscale dining and shopping with a small town flavor. $6,950,000

142 Paseo De La Concha Redondo Beach, California

Beds 0 Baths 8,116 Sq Ft

In the year 1906 Hermosa Beach’s first election for city officers was held. In 1907 the city received its Charter from the state of California and it was also in this year that 44 Strand came to life. If these walls could speak they would tell the story of seven generations of family who have lived in this home. Its occupants served as city attorney, municipal judge and owner/director of the Sand Castle Pre-School. Though the city landscape around it has a vastly different look, this home still lies directly in front of the boundless Pacific Ocean. The opportunity for a new owner to carry on the legacy of 44 Strand is now available. Nestled between the Hermosa Beach Pier and the Redondo Beach Marina, with 45’ of ocean frontage, its distinction and caliber can only be truly appreciated in person. Currently used as rental property, this South Hermosa Beach duplex (zoned R3) offers its new investor a lot & a half upon which to build your dream home, option to build two units or the opportunity to remodel the existing property and manage rentals along The Strand – where units command the highest rental rates in the South Bay. $6,495,000

44 The Strand Hermosa Beach, California

Beds 0 Baths 2,317 Sq Ft

A rare opportunity for this beautiful remodeled 8-unit (2 non-conforming) ocean view apartment building in the Sand Section of Manhattan Beach! Over $200K in improvements! Most units have been completely redone with hardwood flooring, new kitchen and bathroom cabinetry, new appliances, new plumbing, new paint plus much more. These units sparkle!! Unit make up is 5 2 bedrooms/2 Bathroom units, one 4bed/4ba unit, one 1bed/1ba and one single with full kitchen and bath. The property is situated on an over-sized street to alley double lot with 10 covered parking spaces and additional tandem parking for a total of 18 parking spaces!! Truly an extraordinary opportunity with tons of potential in income as well as future building opportunities! $5,950,000

480 Rosecrans Avenue Manhattan Beach, California

Beds 0 Baths 6,738 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 featuring 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, custom window blinds, security gates and one oversized garage space per unit (can handle large SUV’s). • Income of $21,150 per month • Short walk to beach, gym, Boccato’s Groceries, and assorted other services and a 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. $5,095,000

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 $4,750,000

227 32nd Street Manhattan Beach, California

Beds 0 Baths 2,068 Sq Ft

Amazing, unique and rare opportunity to own three town house style ocean view units in Hermosa Beach. All units are 3bed 2bath with one unit having an additional half bath. The subject property is in an “A” class location Situated within walking distance to all of the boutique retail, entertainment, restaurants, nightlife, “The Strand”, and Hermosa’s exclusive sandy beaches. These trilevel units have their own 2 car garage with direct access, lots of storage space and in-unit laundry. Property is ideal for an owner user or investor live in one and collect income from the others. Each unit is separately metered for gas and electric. One unit maybe delivered vacant. Seller financing maybe available as an option. $4,150,000

907 5th Street Hermosa Beach, California

Beds 0 Baths 5,542 Sq Ft

A TRUE GEM IN NORTH HERMOSA SAND SECTION. This multi-family property sits at the peak of Silverstrand and Park Avenue, offering some of the prettiest views in the Hermosa Sand section. With views from almost every room, you’ll never get tired of seeing the big blue ocean and tree top views of the Hermosa Valley. Charm, character, and exquisite detail are seen throughout the interior and exterior of this home. This well-loved home needs a caring owner to make it their own, renovate, or build their new dream home. Opt to live in the 3 bedroom, 3 bathroom main house, and use the 3 bedroom, 2 bathroom guest house as income property. Both units have their own private 2 car garages and patios. Now is your chance to enjoy living in one of the most ideal locations in North Hermosa -- central to both Downtown Hermosa Beach and Downtown Manhattan Beach, which offer fine dining and local beach cuisine restaurants, boutique shopping and entertainment. Just a few short blocks to the sand and the strand. Easy access to freeways and LAX. Call to see this one today! $4,000,000

2402 Silverstrand Avenue Hermosa Beach, California

Beds 0 Baths 3,121 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

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. Short term rentals are permitted in the residential portion of the property because the property is zoned commercial. - Buyer to verify all information $3,500,000

4108 Highland Avenue Manhattan Beach, California

Beds 0 Baths 3,682 Sq Ft

225 Rosecrans Ave, located in the Sand Section of Manhattan Beach, was fully remodeled in 2015, including all new interiors, fixtures, flooring, appliances, bathrooms, the works. All improvements were permitted. Property is meticulously maintained and remains fully occupied on a regular basis. Located less than 1 block from the beach. $3,400,000

225 Rosecrans Avenue Manhattan Beach, California

Beds 0 Baths 3,064 Sq Ft

Triplex below Alma on a full lot running from 36th Street to the alley (36th Place). There are two - 2 car garages plus 4 additional onsite spaces for a total of 8 car parking. Unit A: Currently $3100 (MTM) increases to $3200 on 3/1/2019, proforma $4500 for this downstairs, 3 bed, 2 bath, fireplace, range, refrigerator, microwave, side-by-side laundry machine hook-up's in-unit, 1 wall heater, large rear deck, parking for 4 cars (1 in garage, 1 behind it in driveway, 2 more right beside). Improvements to unit A were made in late 2013/early 2014. Unit B: Currently $3000 (LEASE Expires 4-31-2019 and rent increases to $3100 5/1/2019), proforma $4000 for this upstairs, 2 bed, 1 bath unit with an ocean view from living/dining areas and balcony. Range, refrigerator, dishwasher, microwave, forced air heater, NO LAUNDRY...but hook-ups could be installed in the current water heater closet, provided you install a "tank-less" on demand water heater as was done for unit C. Unit B has parking for 2 cars (1 in garage, 1-behind it in driveway). Improvements to unit B were made in early 2018. Unit C: Currently $3600 (MTM) increases to $3700 on 3/1/2019, proforma $5000 for this upstairs, 3 bed, 2 bath, ocean views from living/dining areas and balcony. Range, vent hood, refrigerator, dishwasher, stacked washer/dryer in-unit, forced air heater, "tank-less" on demand water heater, parking for 2 cars plus storage in private garage. Improvements to unit C were made in the summer of 2014. $3,199,000

323 36th Street Manhattan Beach, California

Beds 0 Baths 3,072 Sq Ft

Bright and light units. Walking distance to beach. Excellent maintained building. Townhouse type construction. All units have gleaming wood flooring throughout plus vaulted ceilings! Kitchens feature tiled counters and breakfast bar, dishwasher, gas freestanding stove and refrigerator! Bedrooms and baths are on the first level and living area is upstairs! Living rooms have a gas fireplace, Private deck or patio. Community Laundry and private 2 car attached garage. Great location near shopping and restaurants $3,100,000

630 Third St. Hermosa Beach, California

Beds 0 Baths 5,000 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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