Distressed Income Properties for Sale

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$3,450,000
 

970 Valencia Street, Costa Mesa

12 Beds, 12 Baths,
Located in Mesa Del Mar, West of Costa Mesa, 6 turnkey units 5 of which has central AC systems on a 9583 sq. ft. corner lot. The unit mix is a combination of One 3 BD/2.5 BA , Four 2 BD/ 2 BA, and one 1 BD/1 BA. Four of the units are townhouse style with their own private patios. These units are spacious and well designed featuring a large outdoor landscaped entertainment area for residence to enjoy. Additionally, there are a total of 8 garages
Ramin Favakehi Ramin Favakehi, Broker
$3,400,000
 

422 Bay Avenue, Newport Beach

5 Beds, 6 Baths,
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a
Jodi Ditolla DiTolla Real Estate
$3,400,000
 

210 Abalone Avenue, Newport Beach

3 Beds, 1 Bath,
When you think of the quintessential Balboa Island cottage this 2 bedroom 1 bath front unit of this duplex is it! Plus there is a nicely remodeled 1 bedroom back unit above the garage too. The front unit has a dutch door that opens to an open beam ceiling and a cozy fireplace in the living room, with a built in hutch in the dinning area. The kitchen has been upgraded with newer appliances. There is laminate flooring throughout. The main
Michael Mullen Surterre Properties Inc.
$3,399,000
 

283 Dolphin Way, Laguna Beach

2 Beds, 2 Baths,
This unique and captivating ocean-view duplex provides a wonderful living experience with the added convenience of being a short stroll to all points downtown Laguna Beach. The property consists of two almost mirror-image units with unusually spacious bedrooms, generous living areas, open floor plan to kitchen and dining areas, and outdoor-ocean-view decks. Each unit consists of two bedrooms and two baths with the upper unit being approximately
David Csira Cove Canyon Realty
$3,395,000
 

705 Iris Avenue, Corona del Mar

4 Beds, 4 Baths,
Triplex nestled in the vibrant heart of Corona del Mar Village! 705 Iris an investor's dream with its prime location just steps to restaurants, parks, sporting facilities and schools. Take a relaxing stroll over the picturesque Goldenrod Foot Bridge and you'll find yourself at the beach in 15 minutes. This triplex consists of two separate buildings which grants you the opportunity to live in one unit and rent out the others for additional
Brett Lucas O'Shaughnessy Group Real Estate
$3,300,000
 

205 Huntington Street, Huntington Beach

7 Beds, 4 Baths,
Possibly the finest 4 plex that exists in DTHB. First time this multi-family property has ever been listed in the MLS. Rare, separate front bungalow with a rear triplex on a large 54’ x 122.5’ double lot. Excellent layout with lots of open ground area. Bungalow has a front yard & fenced back yard and the 2 BR rear apts have large, fenced patios. A 13’ tall hedge separates the house from the triplex, giving privacy to all and creates a
Jonathan Minerick Homecoin.com
$3,280,000
 

124 Pearl Ave, Newport Beach

4 Beds, 4 Baths,
Charming duplex on the beautifully tree-lined One Hundred block of Pearl Ave on the quiet-end of Balboa Island. The upper unit is a renovated 2bed/2 bath featuring luxury vinyl plank flooring throughout, an elevator, and a large front balcony with an awning for those sunny summer afternoons. The well-appointed kitchen has stainless steel appliances and opens to the dining room. A large family room with large windows and sliders to the balcony,
Mariana Donahue Compass
$3,250,000
 

206 Chicago Avenue, Huntington Beach

5 Beds, 5 Baths,
UNBELIEVABLE INVESTMENT OPPORTUNITY to become the next owner of an amazing, newly-remodeled 5 unit complex located on a DOUBLE LOT in the heart of Downtown Huntington Beach! There are two buildings on-site, one with 3 units in the front and one with 2 units in the back. Each unit is a 1 bed/1 bath with 480 sq of living space and their own respective patio/yard areas in front. When I say remodeled, I mean it was a COMPLETE renovation. Some of
Matthew Kanoudi The L3
$3,250,000
 

1913 Court Street # 2, Newport Beach

4 Beds, 5 Baths,
GREAT DUPLEX located in the heart of the Newport Beach peninsula, just behind the front row of homes facing the boardwalk. Only a few steps to the famous Newport Pier and beautiful beaches. Walk to the best nightlife, shopping and dining Newport has to offer. THE FRONT UNIT offers 2 bedrooms and 1.5 baths and a car garage + 1 carport parking tandem style and a front patio. Cozy living room with a fireplace. Beautiful Mexican pavers Flooring
Omar Renteros Beachview, Inc.
$3,200,000
 

243 Avenida Montalvo, San Clemente

11 Beds, 10 Baths,
Nestled in the coastal charm of San Clemente, 243 Avenida Montalvo stands as a meticulously maintained investment opportunity. Comprising six individual units, this apartment complex is a testament to well-cared-for real estate. Each unit comes complete with its own single-car garage for added convenience and privacy. Residents will appreciate the short and easy stroll to the beach, making coastal living a daily reality. Enhancing the appeal of
Pablo Salcedo HomeSmart, Evergreen Realty
$3,200,000
 

319 15th Street, Huntington Beach

7 Beds, 5 Baths,
We are pleased to present this wonderful beachside apartment complex built in 1972, a rare investment opportunity in Huntington Beach. The property is conveniently located within walking distance to downtown Huntington Beach and also Pacific City, both highly desirable locations with lots of shopping, restaurants and entertainment. Each unit has an enclosed garage with remote garage doors. The building has been well maintained with large units.
Gary Tolfa Triqor Group
$3,199,999
 

20000 Laguna Canyon Road, Laguna Beach

4 Beds, 6 Baths,
Newly Built Contemporary Property (2022) includes- 4 versatile “Artist/Live Work Mixed-Use Lofts, that offer flexible space for working and living, conveniently located within a short distance from the Laguna College of Art & Design and minutes from Downtown Laguna Beach. Set on a large lot, with approximately 7,594 sq ft. of gross building area, of which approx. 2,920 sq ft. is garage space, and no expense was spared on the structural
Eustorgio Villa Berkshire Hathaway HomeServices California Properties
$3,195,000
 

202 Walnut Street, Santa Ana

2 Beds, 3 Baths,
Pleased to present 202 E. Walnut Street, a garden style, 10-unit apartment complex overflowing with curb appeal, consisting of (9) Large 1-Bedroom units and (1) Studio averaging 763 SF each. Beautifully maintained with lush landscaping and a heavily upgraded property, the units are situated on a sizeable corner lot of a quiet, treelined street. Residents of the property enjoy the proximity to the Historic Downtown District (walking distance)
Rick Applebaum Morgan Skenderian
$3,190,000
 

368 Oak Street, Laguna Beach

4 Beds, 3 Baths,
Introducing a charming and spacious triplex located on Oak Street in the highly sought-after Laguna Beach community. This beautiful property is situated just a short distance from the beach and offers views of the ocean and the Laguna Beach lifestyle right outside your door. Each of the three units in this triplex has been meticulously maintained and updated, offering a comfortable and stylish living space for residents. The first unit is a
Richard Dewey Pacific Sotheby’s International Realty
$3,150,000
 

1409 Lingan Lane, Santa Ana

3 Beds, 2 Baths,
1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and an on-site laundry facility. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an
Tyler Leeson Marcus & Millichap RE Invest
$3,149,000
 

406 Jasmine Avenue, Corona del Mar

5 Beds, 4 Baths,
MAJOR PRICE REDUCTION!! LOWEST PRICED MULTI FAMILY WEST OF COAST HWY! 2 ON A LOT WITH POTENTIAL FOR 3 UNITS! We have contractor bids to remodel entire property. Welcome to living coastal living in Corona Del Mar! Nestled west of Pacific Coast Highway, this amazing property offers a unique opportunity to own not one, but two residences, (with option for an additional studio), in the heart of Corona Del Mar's "Flower Streets". Perfectly
Frank Martinez eXp Realty of California Inc
$3,100,000
 

2168 Placentia Avenue, Costa Mesa

12 Beds, 8 Baths,
Welcome to 2168 Placentia in Costa Mesa - the Capital of Cool. Two newly constructed additional units added in 2023, each with 2 bedrooms, 2 baths, in-unit laundry, paid off solar panels and attached garages and are separately metered. The other four units have all been renovated with new kitchens, bathrooms, flooring, re-piped with pex, upgraded electrical and subpanels. A new roof is currently being replaced on one of the buildings. The
Daniel Morgan Marterra Real Estate
$3,100,000
 

16861 Green Lane, Huntington Beach

7 Beds, 7 Baths,
Level up your 1031 exchange and delight your real estate investment portfolio with this super duper clean and well maintained six unit apartment complex which is close to everything that's wonderful and amazing about Huntington Beach. Location, location, location. The Bolsa Chica Wetlands, Huntington Harbour, Meadowlark Golf Course, the Pacific Ocean, places of worship and countless sumptuous eateries and restaurants are literality all within
Gene Smith RE/MAX TerraSol
$3,050,000
 

3509 Del Monte Drive, Anaheim

8 Beds, 6 Baths,
3509 West Del Monte Drive is an 8-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting of 1, one-bedroom unit, 6, two-bedroom units, and 1, three-bedroom unit. Amenities at 3509 West Del Monte Drive include gated pedestrian access that leads to a central courtyard, private patios or balconies, ample garage parking, and an on-site laundry facility. 3509 West Del Monte Drive is
Tyler Leeson Marcus & Millichap RE Invest
$3,000,000
 

16172 Malaga Lane, Huntington Beach

12 Beds, 11 Baths,
Available for the first time in over 25+years, Malaga offers a rare opportunity to purchase six pride of ownership units in a very tight Huntington Beach submarket. Historically, the property has operated at less than 2% annual vacany due to below market rents. Currently there is approximately 19.8%+ Upside in rents! Situated on the West (ocean side) of the San Diego (405) Freeway, tenants have convenient access to Beach Boulevard (Hwy 39),
Anne Pappas-hipp Pappas & Hipp Realtors
$2,995,000
 

363 Cleo Street, Laguna Beach

4 Beds, 4 Baths,
EXCELLENT VALUE FOR A SPACIOUS DUPLEX ON A LARGE LOT JUST MINUTES FROM THE BEACH AND LAGUNA'S "HIP" DISTRICT. THE UNITS ARE SIDE BY SIDE WITH NO-ONE ABOVE OR BELOW AND EACH UNIT OFFERS TWO LARGE BEDROOMS, TWO BATHS, FIREPLACE IN LIVING ROOM, OPEN KITCHEN, DINING AND LOTS OF LIGHT AND PRIVACY. EACH UNIT HAS AN ATTACHED 2-CAR GARAGE AND FEELS LIKE A SEPARATE CONDO/TOWNHOME. Incredible investment opportunity in prime section of Laguna's
Mark Christy Berkshire Hathaway HomeServices California Properties
$2,995,000
 

301 Balboa Boulevard, Newport Beach

3 Beds, 3 Baths,
The Cottage at Balboa Peninsula is a quaint investment opportunity at the corner of Coronado Street and East Balboa Boulevard. It has a long and storied history which includes operating as a family compound, vacation rentals and, in its current configuration, as a 4 unit multifamily rental. The front unit which is on the corner of Balboa Boulevard and Coronado Street is two- bedrooms with one bath and a kitchen and small dining area. Two of the
Joseph Berkson Marcus & Millichap RE Invest
$2,950,000
 

7681 Ellis Avenue, Huntington Beach

12 Beds, 6 Baths, 5,155 SqFt
We are pleased to present this turnkey 5 unit apartment community located in the heart of Huntington Beach, at an in-place 4.83% cap rate (proforma 5.12%) and 15 GRM. This asset comprises an attractive unit mix of two 3-Bed/2-Bath units (~1,100 SF each) & three 2-Bed/1.5-Bath townhomes (~990 SF each). The property - interior and exterior - has been upgraded and professionally designed over the course of the last ~12 months, including
Noam Srolovitz Kape Property Management, Inc.
$2,750,000
 

321 22nd Street, Huntington Beach

9 Beds, 8 Baths,
321 22nd Street in Downtown Huntington Beach was one of the last double (50 foot) lot fourplexes constructed on the Downtown Numbered Streets before custom builders switched to the development of 2 & 3 story SFRs constructed on 25 foot wide lots. Most fourplexes built in the area are in the 3600 to 3900 square foot range; however, this building is 4101 square feet due to an excellent design & rear 2nd floor cantilever. There are 3
Scot Campbell Coldwell Banker-Campbell Rltrs