Orange County Distressed Income Properties: Bank Owned Foreclosures & Short Sales
Distressed income property in Orange County can often represent tremendous value as bank owned foreclosure and short sale income properties are commonly priced below market to spur demand. Since, bank owned foreclosures and short sales can be complex transactions, we strongly recommend experienced representation by Real Estate agents who know the in and outs of these types of sales.
Villa Del Sol Apartments is a 70-unit multifamily investment property located in West Anaheim, one of the premier rental markets in Southern California.
The 58,811 square foot property consists of one- and two-bedroom floor plans, 14 of which are two bed/one and a half bath townhomes. Built in 1966, Villa Del Sol Apartments offers amenities including ample garage parking, controlled access, a well-maintained and spacious courtyard, a sparkling
Rarely offered prime 37 unit multifamily complex in Anaheim, California.
The property consists of a highly desirable unit mix of 24 - 3 BD/2BA, 13 -
2 BD/2 BA, and 1 - 2BD/1 BA manager's unit. Built in 1989, each unit has
central HVAC, its own water heater, and is separately metered for
electricity and gas. The apartment complex expenses are low since the
tenants pay for their own electricity, gas, and trash. There is a one level
Four stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it's own parcel number and short term lodging permit offering a myriad of possibilities. Two units have 2 bedrooms and 2.5 baths. The penthouse has 2 beds and 2 full baths. And, the detached upper most unit has 3 beds and
Whether you’re searching for an ideal investment, tax advantages, a chic beach getaway or all of that and more, this fashionably remodeled 8-residence property on South Coast Highway in Laguna Beach is ready to enrich your life. Go in with friends and family, keep a few units for yourself and rent the rest, make one your perfect ocean-side hideaway or rent them all and reap the rewards...the choice is all yours. Panoramic ocean and Catalina
This extremely rare Balboa Peninsula Bayfront triplex has one of the most spectacular Newport Harbor, Fashion Island, Saddleback mountain, and city lights views in Newport Beach. With over 5,700 square feet of living space, this property has three full levels of living that is highlighted by the handsome 3,000 square foot owner’s unit; it features panoramic vistas, a living room with a dual sided fireplace, dining area, family room, a
SIX UNITS ON THE OCEANFRONT - Here is your chance to operate what could be in effect an oceanfront hotel on the Balboa Peninsula! Six 2 bedroom 2 bath units on the boardwalk, with Balboa Park, sand and ocean straight ahead, and the shopping, dining and activities of Balboa Village just a block away. Each unit has 1 car parking on the carport. Currently a mix of short term and long term rental units. Huge room for revenue improvement as well -
Lifestyle. Location. Legacy. Situated on an appx. 9,239 sq. ft. Lido Isle parcel in the heart of Newport Beach, this six-unit condo complex presents a rare investment opportunity for stable, long-term income for generations to come. The fully-occupied building offers tenants a lifestyle beyond compare with Lido Marina Village, surfing, dining, shopping and community amenities (beaches, dog park, playground, basketball and tennis courts, dock and
Two remodeled coastal contemporary historic homes resting on one iconic ocean view lot near the sand. This property is documented as Laguna’s first home built in 1883 and was the residence of Laguna’s noted architect Thomas Harper in the 1920s-40s. Highlighting white-water views from every window, the elegantly transformed main home is 3 bedrooms, 3 baths plus a loft and maintains elements of the original structure. Original cottage windows and
Riverine Apartments is a 30-unit multifamily investment property located at 1001 Riverine Avenue, Santa Ana, CA. Built in 1982, Riverine Apartments consists of spacious studio units and offers amenities including on-site laundry, controlled access, security doors, private balconies, and gated covered parking. 16 units have recently undergone renovations including new flooring, cabinets, paint, quartz countertops, fixtures, and appliance packages.
This beautifully renovated twenty-unit multifamily property is located near the Fullerton border and the Downtown area in Anaheim. The asset offers a nice mix of one and two-bedroom units and is located on a large lot with very nice curb appeal. The two-story building is well maintained and has beautifully landscaped grounds with flowers, plants and clean-cut grass. The complex is garden style with a pool located in the center for residents to
TWO DUPLEXES! 916 East Oceanfront (APN 048-143-18) *AND* 919 East Balboa Boulevard (APN 048-143-08) are included in this sale!
Can you imagine acquiring a Balboa peninsula duplex for 1.6 and a Balboa Peninsula oceanfront for 3.9? Because now you can! These two units need to be sold together due to the geography of the peninsula and their unique layout, but they provide a great mix of short and long term rental income.
- 916 East
for the sale of 931 – 935 South Standard Avenue, a 24-unit
apartment community located in Santa Ana, California. This property provides an investor the
opportunity to acquire a high-quality asset in one of the most desirable markets in California.
Built in 1958, 931-935 South Standard Avenue is a two story, 24-unit apartment
community that is located on South Standard Ave in Santa Ana, CA. The
We are pleased to present the opportunity to acquire 939 - 1001 South Standard Avenue, a 24-unit multifamily investment property located in Santa Ana, California.
Built in 1958, 939 - 1001 South Standard Avenue consists of 24 one-bedroom units on two adjacent parcels. Most units have been partially renovated with upgraded flooring, kitchen, and bath. Amenities include open parking, gated access, and on-site laundry.
The MLS is currently experiencing issues with uploading the correct units mix and rent information so please reference the following:(1) studio, (9) 1 bedroom, 1 bath, (4) 2 bedroom 1 bath, (4) 2 bedroom, 1 bath w/patio, (1) 3 bedroom 1 bath. Please DO NOT DISTURB Tenants.
Truly one of the most outstanding oceanfront buildings available in Southern California! An incredible opportunity for either an owner-occupied or an investor. This property has been maintained in an outstanding manner and condition by the current owner occupant. The entire exterior of the property, including the patio and deck, have been freshly painted at the start of 2020. In the last 6 months, over $200,000 has been spent in upgrades
Prime peninsula point oceanfront location with bay fronts across the street. First time this duplex has been offered for sale in over 42 years. R-2 zone duplex has an upper 3 bedroom, 2 bath, fireplace, private laundry and balcony with ocean, Catalina and Balboa pier views. Upgraded kitchen with newer appliances. Recent upgraded windows in front of both units. Lower unit 2 bedrooms, 2 baths, fireplace and spacious patio. Lower unit leased until
Beautiful 20-unit apartment complex located in the heart of Santa Ana. Excellently situated near various necessity & entertainment venues and in close proximity to the I-5 freeway. Boasting high occupancy with cooperative tenants and extra added income of $300/month from two sets of laundry machines, this amazing income property offers a fantastic chance at a savvy investment. DON'T MISS THIS PRIME OPPORTUNITY TO OWN THIS CLEAN,
Fantastic opportunity to buy 16 units, Corner building. HIGHER INCOME with exterior renovation in July 2019. This 16 unit Multi- Family Property has a nice curb appeal with a strong current cap rate above 4.5% and over 5% on market. Built in 1962, The building has 13,200 rentable square feet spread across a lot size totaling 0.48 acres. This building offers (14)units 2 bedroom 1 bath, and (2) 1 bedroom 1 bath. Tenants have their own electric
First time on the market since 1970 and located in highly sought-after North Laguna Beach, 319 Cypress Dr, is comprised of a 3+2 SFR and 5-unit apartment building. This well-maintained property has a Walk Score of 87 and located right behind URTH CAF. Enjoy a short walk to Downtown Laguna, Main Beach and Heisler Park.
We are pleased to present 1010 - 1016 Valencia Street, an 8-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California.
Situated on a 0.30-acre lot, the 9,340 square foot property consists exclusively of three-bedroom units and offers amenities including a central courtyard, garage parking, and on-site laundry. The property recently underwent significant
Located just one block to the beach in the city of San Clemente, CA, this 8-unit property sits upon 16,087 SF of land in the Pier Bowl! The complex boasts: One (1) 3 Bed / 1 Bath, and Seven (7) 2 Bed / 1 Bath Units. Each unit comes with one carport, with three additional open spaces available on-site. The Roof and Plumbing have also both been replaced within the last 5 years. Residents have convenient access to boutique shopping and
Ideally situated in highly desirable Eastside Costa Mesa, The Pines Apartments offer six (6) turnkey and remodeled 3 bed, 2 bath units with fireplace, direct access garage and individual laundry hookups. Private rear patios/yard, along with ample guest parking and handsome curb appeal make this a renter’s paradise. Additional storage in the rear offer Tenants more space and Landlords more income. Nearby parks, award-winning schools, Back Bay
Rare opportunity to build on nearly 3900 sq ft lot or add to your investment portfolio a charming Newport Beach Triplex on exclusive Lido Isle. Short-Term Lodging is allowed subject to zoning compliance. Simply a perfect chance at a beach home with investment units. 206 the detached single-family home features view of bay, three bedrooms, three bathrooms, two garages and a rooftop deck. 204, the lower unit features two bedrooms, two bathrooms,
This extensively upgraded apartment building is located in the dynamic city of Dana Point. Located near downtown the property is surrounded by substantial development within the city, which is creating jobs and increased tourism. At a cost exceeding $200,000 the list of improvements to both the interior and exterior of this property is too long to list. This prime asset and location offer an investor an opportunity to acquire a turnkey pride of
If you would like further information or assistance regarding distressed income properties that are short sales or bank owned foreclosures please contact us.