Lilly Enterprises, Inc.

Lilly Enterprises, Inc., as the exclusive listing agency, is pleased to present for sale (for the first time in over 30 years) 6633 and 6639 N Sepulveda Blvd., a combined two (2) quadraplex offering residing across an adjoining double lot totaling 18,600 SF in Van Nuys, CA. The offering presents multiple options for an investor (new or experienced) to acquire a very well-maintained and stable asset with upwards of 45% in rental upside (stabilized 5.40 CAP & 13.6 X) achievab...Continue reading

Lilly Enterprises, Inc., as the exclusive listing agency, is pleased to present for sale 603 W 5th St., a six (6) unit multi-family property located in the coastal community of San Pedro, CA. The offering presents the opportunity for an investor (new or experienced) to acquire a well-maintained asset with upwards of 20% in rental upside (an additional $20,000/year achievable through unit turnover and renovation). The property is not subject to The City of LA Rent Stabilizati...Continue reading

In observation of the Thanksgiving Holiday, our offices will be closed Thursday, November 28th - Friday, November 29th. Normal business hours will resume Monday, December 2nd.

2BR/1BA Available For Rent in San Pedro, CA! Recent Rent Reduction! 2nd floor unit, Newly Remodeled, SS Appliances, Recessed Lighting, Ceiling Fans, Laminate Flooring, Subway Tiles, Washer & Dryer Hook-ups, 1 Car Garage, Close to Beach! https://www.zillow.com//3241-S-Pacific-Ave-/21313616_zpid/

Lilly Enterprises, Inc. and COMPASS, as the exclusive listing agencies, are pleased to present for sale 3040 Exposition Blvd., an attractive quadraplex located in the highly desirable City of Santa Monica, CA. The offering presents the opportunity for an investor (new or experienced) to acquire a well-maintained asset with a substantial 85% in rental upside (an additional $51,000+/year achievable through turnover and unit renovation), in one of the healthiest and most sought...Continue reading

Lilly Enterprises, Inc., as the exclusive listing agency, is very pleased to present for sale The Leeward Apartments, a traditional brick style 36 unit apartment complex located in Los Angeles (Koreatown), CA. The offering presents a tremendous opportunity for an investor to acquire a strong performing asset at a current 4 CAP with a substantial 25% (an additional $120,000+/year) in upside potential through mainly unit turnover and renovations. There are currently 3 vacant ...studios. The building lacks major deferred maintenance and most structural components (i.e. the roof, foundation, electrical & plumbing) are in fair condition. Building amenities include secured entry with intercom, basement janitorial section with bathroom and storage, on-site laundry facility with landlord-owned washers and dryers (2 of each) and a rear enclosed common area patio. The building is serviced by 2 gas water heaters and the plumbing is a mixture of galvanized and copper piping. The studio units average 375 SF and the 1BR/1BA’s average 550 SF. The on-site manager pays their full rent and receives $1,000/month as compensation. The vibrant neighborhood of Koreatown is one of the most culturally rich and diverse in all of Los Angeles County. It offers some of the highest concentrations of restaurants, dessert shops, coffee houses, theatres, clubs, bars, lounges, and 24-hour businesses in the country. The changing transit landscape in these higher density neighborhoods has seen a drastic increase in the demand for public transportation by means of new metro lines, buses, ride sharing services and electric rentals while also decreasing the necessity for personal vehicles and parking. Locals are additionally benefitted by close proximity to offices, parks, places of worship, schools and outdoor recreation. The Koreatown submarket is highly centralized within Los Angeles County, surrounded by the likes of Downtown Los Angeles, Hollywood, Los Feliz, Silverlake, Echo Park, Mid-Wilshire, Westlake, Larchmont and Hancock Park. Major nearby destinations include Dodger Stadium, The Staples Center, LA Live and the LA Convention Center. Please do not disturb the tenants. OM provided upon request. Property inspection & due diligence material provided upon an accepted offer.

Imagine the possibilities....This #NewListing is a stunning 3bedroom, 2.5 bathroom, 1737sq ft home in the highly sought after Enclave community in the city of #Eastvale! Join us for our #OpenHouse this Saturday from 12pm-2pm. 7058 Village Dr., Eastvale, CA 92880 For more information on this move-in ready, turnkey home call (909)536-0406 DRE#02015819 #HotListing #FamilyHome #CornerLot #PapaNinjaRealtor #SellYourHome #TheMcLeodTeam #HouseHunters #SoCalRealtors #TourToday #BuyT...hisHome https://www.facebook.com/100009805110793/posts/929500277386801?s=507942044&sfns=mo

JUST SOLD, through Lilly Enterprises, Inc. Matthew Lee of Lilly Enterprises, Inc. represented both the Seller and Buyer in the transfer of a 34 unit trailer park in Santa Ana, CA. Escrow was originally opened with an investor who subsequently attempted to re-trade the deal at a substantial request below the contract price. Escrow was mutually cancelled and re-opened with a new party who submitted at a slight reduction below list price, which was furthered by another concess...ion. Seller-carry financing was an option but Buyer ultimately secured a CRE Term Loan at a very favorable Loan to Value (LTV). Escrow was closed in under 60 days with numerous extensions executed due to the complexities of trailer park sales and title transfers of the individual trailer units that run with the land. The Sellers are effectuating a 1031 Tax Deferred Exchange while the Buyers plan to operate the park long-term. The investment is centrally located in Orange County, CA between Orange, Garden Grove, Westminster, Fountain Valley, Costa Mesa, Irvine and Tustin. Major nearby destinations include South Coast Plaza, The District at Tustin Legacy, The Marketplace in Tustin and John Wayne Airport.

JUST SOLD, through Lilly Enterprises, Inc. Matthew Lee of Lilly Enterprises, Inc. represented foreign investors in the acquisition of a 21 unit apartment complex in Los Angeles (Palms/Mar Vista), CA. With continuing CAP rate compression and very high barriers to entry for the West Los Angeles submarket, Lilly Enterprises, Inc. was able to successfully navigate the Buyers through the competition while still achieving for them a $100,000 reduction from the original list price.... The Buyers submitted a very compelling all-cash offer and consummated the deal within 45 days with virtually zero complications. The asset is centrally located within The Westside region of Los Angeles County, surrounded by the likes of other A-class markets such as Culver City, Del Rey, Venice, Santa Monica, Sawtelle, Beverlywood, Cheviot Hills, Rancho Park, Ladera Heights, Playa Vista and Century City. Tenants are benefitted by exceptional proximity to dining, shopping, outdoor recreation, public transportation, freeway access and more. The property itself features separately metered utilities, an on-site laundry facility, secured parking for 25+ vehicles, and private balcony decks/patios all with minimal deferred maintenance. These building characteristics (amongst others) coupled with its location makes it a highly desirable investment and one that will help shield against downward fluctuations through future market cycles.

Newly renovated 1BR/1BA available for lease in Inglewood, CA. Brand new laminate flooring, accent colored walls, ceiling fans, fixtures, handles, faucets, countertops, backsplash, range hood, oversize single basin sink, power outlets w USB charging, re-finished cabinetry, 2nd floor unit, single garage parking, on-site laundry, BBQ patio area and more. https://www.zillow.com//33.976152,-118.362654,33.96/15_zm/