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JUST SOLD | Opportunity Zone in West Adams (Los Angeles, Ca)

NOHCO Real Estate is pleased to announce the sale of 2522 S. Burnside Ave in the Historic West Adams neighborhood in Los Angeles, Ca walking distance from the Metro Expo Line. The buyer was a local investor who sought the value in the location and immediate upside in the rents. Built in 1950, the property sits on two streets nearby new residential developments, and within a qualified “Opportunity Zone.” Prime …Read More

CLOSED ESCROW | 3 Units on Western Ave (Glendale, CA)

NOHCO Real Estate is pleased to announce the sale of this fabulous 3 unit property located at 1045 Western Ave in the strong rental market of Glendale, Ca. The property was 100% fully-occupied with All tenants being month to month. The buyer was a local investor who wanted to add this property to his real estate portfolio. Built in 1940, the property sits on a 7,753 SF lot zoned R4 …Read More

SOLD | Opportunity Zone in Historic West Adams (Los Angeles, Ca_

NOHCO Real Estate is pleased to announce the sale of 3444 Potomac Ave in the Historic West Adams neighborhood in Los Angeles, Ca walking distance from the Metro Expo Line. The buyer was an out of state REIT who sought the value in the underlying land. Built in 1947, the property sits on a 6,037 SF corner lot zoned R3-1 (TOC Tier 3) allowing for a future development up to …Read More

JUST CLOSED | 9+ ACRES OF VACANT COMMERCIAL LAND (MENIFEE, CA)

NOHCO Real Estate is pleased to announce the sale of 9+ acres of vacant commercial land located at the signalized NEC of Newport/Bradley in the city of Menifee, Ca. The sale consisted of 403,866sf of undeveloped land with an existing billboard.  The new owner plans to develop the site into a retail/hotel mixed use project located off the 215 fwy, near major retailers and across from the new Menifee Town Center development where …Read More

SOLD OFF MARKET | Mixed Use Retail/Medical Office Building

NOHCO Real Estate is pleased to announce the sale of 2565 Olive Street in the city of Huntington Park, Ca. This building was designed by renowned architect Edward Fickett in 1950, and consisted of a 7,002sf mixed-use retail & medical office building on 12,401sf of C2 land fronting Pacific Blvd. The property had been in the family for nearly 70 years, and offered a value-add opportunity for the new buyer …Read More

ANOTHER SOLD OVER LIST | 4 Units Near Belmont Heights in Long Beach

NOHCO Real Estate is pleased to announce the sale of 513 Temple Ave in the Rose Park South neighborhood near Belmont Heights in Long Beach, Ca. The sale consisted of a remodeled 4 Unit statewide property located walking distance from the ocean, and offered the buyer a turnkey investment in a strong rental market.  Located near Belmont Shore, Downtown LB, CSULB, 4th Street Retro Row, and Restaurants  & Shops. Through …Read More