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5138 W 135th St, Hawthorne, CA For Sale $1,200,000 - co-listed by Frank Ponce
For Sale $1,200,000 • Co-Listing Agent
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Frank Ponce listing agent for 3158 W 153rd St, Gardena, CA - sold for $700,000
Sold $700,000
6035 Mesa Ave, Los Angeles, CA For Sale $849,500 - listed by Frank Ponce
For Sale $849,500
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Frank Ponce buyer's agent for 14807 Condon Ave Unit 220, Lawndale, CA - sold for $466,000
Sold $466,000
4541 Artesia Blvd, Lawndale, CA For Sale $1,149,000 - listed by Frank Ponce
For Sale $1,149,000
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Frank Ponce listing agent for 1800 S Pacific Coast Hwy Unit 95, Redondo Beach, CA - sold for $1,380,000
Sold $1,380,000

Frank Ponce

Palos Verdes Estates CA
Coldwell Banker Realty
9 Closed Sales
$15.5M Total Value
$466K - $6.3M Price Range
$1.7M Average Price
Prior 5 years

About Frank

I own apartments here in Southern California. I got my first taste of income properties when I was still in Junior High School working for my father and helping him manage his motels. I began to grow an affinity for income producing properties at that time, and by the time I was out of John Marshall High School I was offered a job to manage two apartment complexes in the Hollywood area. I did everything from plumbing to painting to roofing to carpentry to contracts to renting to evicting to collections to landscaping to even advertising. Within one year I cleaned up the properties and increased their performance attracting working professionals to want to live at those complexes.

During the time I was managing the apartment buildings I attended California State University in Los Angeles and majored in Accounting. I worked preparing other small investor’s tax returns and financial statements. I procured my real estate license and began helping investors sell and buy properties in and around the Los Angeles area in the early 1980’s. I also took a position at a Wall Street firm in Los Angeles to manage the operations cash for several companies daily. I managed hundreds of millions dollars on a daily basis and made the company an average $2.3 million annually by investing excess cash in conservative income earning vehicles. I spent over a decade managing money and doing financial reporting. But, my heart still loved investment and commercial property.

With a full understanding of the financial model and how a business should operate, I began to purchase apartment buildings around the South Bay that were under-performing and needed good management. I designed financial models on Excel and worked the numbers backwards to ensure every purchase had excellent ratios before entering into any investment. During this time I helped others do the same. Anyone can buy or sell investment property. The key is doing it right.

Landlording is perhaps the single most important service anyone can provide because you are providing a roof over a family’s head. Landlording is probably the world’s second oldest profession and certainly the most lucrative. Properly managed, a good piece of income property is the closest thing you will ever come to a real live, self-propelled, self-generating money machine.

But, I am not just a landlord. I get involved in the city that I buy in. I am a member in the Chamber of Commerce, and help create Landlord clubs to help eliminate crime in certain neighborhoods. In being a landlord one needs to remember that you are the owner of a small community, and you have the power to make that little community a better place for people to live in.

When looking to get into the apartment business, selling an apartment, or exchanging one, look to someone who walks the talk. Allow me to help you get started in your investment program. Email me
at frank@frankponce.com or call me at (310) 503-4158 or stop by at Coldwell Banker Commercial at 68
Malaga Cove Plaza, Palos Verdes Estates, CA.

I look forward to meeting with you and answering your personal real estate questions.
Home Types: House, Commercial, Condo, Multifamily, Townhouse
Languages Spoken: English, Spanish
Years of Experience: 18
Education: California State University, Accounting

Transaction History

Buyer Deals

Total Deals 1
Total Value $466,000
Average Sale Price $466,000

Seller Deals

Total Deals 4
Total Value $4,130,000
Average Sale Price $1,032,500
Price Range $700K - $1.4M

Buyer Deals

Total Deals 1
Total Value $466,000
Average Sale Price $466,000

Seller Deals

Total Deals 7
Total Value $14,000,000
Average Sale Price $2,000,000
Price Range $700K - $6.3M

Buyer Deals

Total Deals 2
Total Value $1,451,000
Average Sale Price $725,500
Price Range $466K - $985K

Production Over Time

5 Year View

Frank's Listings and Deals

Awards and Designations

  • President's Achievement of Excellence, International Diamond Society, International Sterling Society.
  • NAR - National Association of Realtors
Agent License: California 00861049
Agent Photo

Frank Ponce

(424) 704-2873
(424) 704-2873

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