Distressed Income Properties for Sale

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$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
$2,950,000
 

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.
$2,949,900
 

2711 Seaview Avenue, Corona del Mar

2 Beds,
The Little Yellow Cottage with transferable Short Term Lodging Permit. Located one block from the beach and offering some Ocean views from the primary suite and balcony, this single-family Beach home South of the Coast Highway in famed Corona del Mar sits on its own private lot just a short stroll from Big Corona Beach and China Cove. It's walking distance to all of the shops and restaurants of the Corona del Mar Village and Fashion Island.
Mark Simon Berkshire Hathaway Homeservice
New
$2,949,000
 

430 1/2 Heliotrope Avenue, Corona del Mar

3 Beds, 3 Baths,
Experience luxury living in the heart of Corona del Mar! This exquisite back unit, built in 2007 on a rare 40-foot wide lot, offers abundant natural light and spacious interiors. Step into the great room featuring soaring ceilings with exposed wood beams, a freshly updated kitchen with Viking appliances, and stylish new paint and lighting fixtures throughout. The gourmet kitchen boasts Walker Zanger designer tiles and stone, a beautiful island,
Michael Peters Keller Williams Realty
$2,799,000
 

627 7th Street, Huntington Beach

5 Beds, 5 Baths,
Introducing 627 7th Street, a truly remarkable, one-of-a-kind property sitting on a Downtown DOUBLE LOT with an ADU just moments from the ocean. This luxurious residence is a rare gem, offering the epitome of coastal luxury with unparalleled convenience and versatility. This home presents an incredibly rare opportunity, featuring a meticulously renovated 3-bedroom, single-level main house alongside a separate 2-bedroom ADU with its own private
Jody Clegg Compass
New
$2,780,000
 

16052 Waikiki Lane, Huntington Beach

8 Beds, 7 Baths,
Fantastic opportunity to own a park front property with un-interrupted twilight views and ocean breeze. This 2-Story fully leased fourplex is located in prime Huntington Beach coastal location. It comprised of: #A front unit of 3 Bedrooms, 1.5 baths (approx. 1,800 SF); #B Downstairs unit of 2 Bedrooms, 2 baths (approx. 1,280 SF); #C Upstairs unit of 2 Bedrooms, 2 baths (approx. 1,280 SF); and #D Upstairs unit of 1 Bedroom, 1 bath (approx. 1,000
Emily Ching Cerritos Investments Inc.
New
$2,699,900
 

1551 Ball Road, Anaheim

10 Beds, 8 Baths,
1551 W. Ball Road is an 8-unit multifamily investment property located in Anaheim within walking distance to Disneyland. Offering a highly desirable mix consisting of 6, one-bedroom units and 2, two bedroom units. Amenities at 1551 W. Ball Rd. include gated pedestrian access that leads to a central courtyard, ample garage parking, and two on-site laundry facilities, one on each floor. Capitol improvements include, dual pane windows, tile
Keith Jorgensen Coldwell Banker Realty
New
$2,695,000
 

218 Indianapolis Avenue, Huntington Beach

7 Beds, 5 Baths, 4,500 SqFt
HUGE PRICED REDUCTION. Don't miss this opportunity! One-of-a-kind Triplex with a huge private custom home in the front and two detached one-bedroom units in the back above the four single car garages. This rare triplex sits on an oversized lot spanning over 7,800 square feet, boasting an impressive 60 feet of frontage, and is a stone's throw away from the beach and Main Street. The centerpiece of this property is the detached stunning, remodeled
Kamfar Kyle Mirrafati Matthews Real Estate Investment Services
Reduced
$2,695,000
 

353 Hamilton Street, Costa Mesa

10 Beds, 8 Baths,
We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington
Todd Frelinger Prime Equity Properties, Inc.
$2,650,000
 

217 &223 Nyes Place, Laguna Beach

2 Beds, 2 Baths,
Welcome to your seaside retreat at 223 & 217 Nyes Place! This unique property offers two cozy one-bedroom, one-bath beach cottages on one lot, just blocks away from the renowned Victoria Beach. Zoned for short-term lodging permits, this presents a fantastic opportunity for investors or those seeking a vacation home. Enjoy the coastal lifestyle in an adorable ocean-view cottage that's just blocks away from the sandy shores of Victoria Beach.
Nicholas Hooper Compass
$2,595,000
 

31666 Wildwood Road, Laguna Beach

3 Beds, 3 Baths,
Located in picturesque South Laguna Beach, this exceptional multi-unit property offers a unique opportunity to own a slice of coastal paradise with stunning ocean views. Featuring a charming 1-bedroom, 1-bath cottage with a cozy living room complete with a fireplace and an inviting outside balcony. Alongside the cottage, is a duplex where each unit houses a 1 bedroom and 1 bath layout - with the upstairs unit boasting a fireplace - this property
Shauna Covington Berkshire Hathaway HomeServices California Properties
$2,550,000
 

280 16th St., Costa Mesa

4 Beds, 3 Baths,
280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained with great rental history and leases in place. Two 2 bed 1 bath units. One lease ends in May 2024 another ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Property
Jeffrey Newman Newman Properties, Inc
$2,500,000
 

910 Townsend Street, Santa Ana

12 Beds, 8 Baths,
So you've been on the fence about investing into a real estate investment property? Welcome to your next prime real estate investment in Santa Ana! This well maintained property offers 8 units mix of 1 and 2 bedrooms, all currently occupied by long term tenants. Boasting a 2 level walk up building that has 9 parking spaces, separate community laundry facilities, this property ensures ease of management. With a competitive cap rate 4.5% / GRM
Vivienne Tran Cali Home Realty
$2,495,000
 

611 Griffith Way, Laguna Beach

4 Beds, 4 Baths,
Refreshed and ready for move-in, this exceptional duplex at the end of a cul-de-sac in the heart of Laguna Beach offers a seemingly endless array of possibilities. Located only a half-mile from the beach, the two-level, two-parcel property can easily be experienced as a year-round home while keeping one unit available for lease or guests; enjoyed fully as a private compound; or rent both apartments and maximize income potential. As an added
Anthony Georgopoulos Livel Real Estate
$2,495,000
 

102 Avenida Santiago, San Clemente

7 Beds, 4 Baths,
Rare opportunity for a Mid Century Modern multi residential income property, with ocean views, in a highly desirable SouthWest San Clemente, primarily Residential location!  Tri-plex configured with two Upper level units featuring a 3 Bed/2 Bath & 2 Bed/1 Bath with balconies and spanning ocean views. The downstairs unit offers a 2 Bed/1 Bath with private patio space. Each unit has its own garage space. Additional income potential. Walking
Scott Kidd Berkshire Hathaway HomeService
$2,437,500
 

201 19th Street, Huntington Beach

7 Beds, 7 Baths,
Exceptional Development/Investment Opportunity in Huntington Beach: Presenting a unique bundle deal, 201 and 205 19th Street offer double the potential with two adjacent 50-foot lot properties ideally situated in downtown Huntington Beach. Just a couple blocks from the beach and a short walk from Main Street, these properties boast a prime location. The triplexes at 201 and 205 19th Street feature well-maintained units with reliable tenants for
Brennan Harms Premier Pacific Properties
$2,437,500
 

205 19th Street, Huntington Beach

7 Beds, 7 Baths,
Exceptional Development/Investment Opportunity in Huntington Beach: Presenting a unique bundle deal, 201 and 205 19th Street offer double the potential with two adjacent 50-foot lot properties ideally situated in downtown Huntington Beach. Just a couple blocks from the beach and a short walk from Main Street, these properties boast a prime location. The triplexes at 201 and 205 19th Street feature well-maintained units with reliable tenants for
Brennan Harms Premier Pacific Properties
$2,400,000
 

2960 Skywood Circle, Anaheim

6 Beds, 6 Baths,
Luxurious Turnkey Anaheim Short-Term Rental - Only Minutes to Disneyland! Welcome to your dream vacation home! Situated on a large corner lot, this Anaheim property offers a private backyard oasis with pool. Inside, you'll find 6 spacious bedrooms, each with its own upgraded bathroom. The custom tile flooring and floor to ceiling fireplace add a touch of elegance. Fully equipped with a 125” cinema screen projector and theater-quality sound
Keith Powers Alta Realty Group CA, Inc
$2,350,000
 

4822 Neely Circle, Huntington Beach

8 Beds, 8 Baths,
Presenting a rare opportunity to acquire a coveted 4-unit multi-family property in the upscale Huntington Beach Harbour. Situated adjacent to a serene park and within walking distance to the ocean, this gem offers a tranquil setting with empty land in the rear for added peace and quiet. Comprising a well-designed mix of residences, the complex features a spacious 3-bedroom, 2.5-bathroom unit spanning two stories with a private backyard,
Robert Tran HPT Realty
New
$2,349,000
 

246 Walnut Street, Costa Mesa

5 Beds, 3 Baths,
We are pleased to present the sale of 246 Walnut Street, a 3-unit multifamily property located in the City of Costa Mesa. This pride of ownership property features a favorable mix of units with (2) 2 bedroom / 1 bathroom units and (1) 1 bedroom / 1 bathroom unit. Each bungalow is detached from one another and have been nicely remodeled boasting laminate flooring, quartz countertops, white cabinetry, stainless steel appliances, dual pane
Christopher Maddy Pacific Sotheby's Int'l Realty
New
$2,300,000
 

222 Costa Mesa Street, Costa Mesa

5 Beds, 5 Baths,
Welcome to 222 Costa Mesa St, a stunning duplex offering the epitome of coastal living in the desirable Eastside Costa Mesa neighborhood bordering Newport Beach. Boasting two separate entrances and addresses, this exceptional property presents a rare opportunity for both homeownership and investment. Unit 220 is a charming 1 bed 1 bath retreat. This cozy unit features its own private backyard, offering a serene outdoor oasis for relaxation and
Avedis Mossessian Pacific Sotheby's Int'l Realty
$2,295,000
 

304 Flower Street, Costa Mesa

4 Beds, 3 Baths,
Nestled within the highly coveted Flower Street of Eastside Costa Mesa, this property presents an enticing blend of charm, functionality, and investment potential. Boasting a charming main house and a separate guest cottage, this residence offers versatility and convenience in one of Orange County's most desirable neighborhoods. The main house welcomes you with a picturesque front porch leading to a classic Dutch door entry, setting the tone for
Heather Kidder Arbor Real Estate
New
$2,250,000
 

282 16th Street, Costa Mesa

2 Beds, 1 Bath,
282 E. 16th St. (duplex) to be sold together with 280 E. 16th St. (4plex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained, great rental history. Both units in duplex are month to month. 2 bedrooms, 1 bath, 2 single car garages. One garage per unit. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one
Jeffrey Newman Newman Properties, Inc