Distressed Income Properties for Sale, $2,000,000 - $2,500,000

All Listings Under $500,000 $500,000 - $700,000
$700,000 - $900,000 $900,000 - $1,000,000 $1,000,000 - $1,500,000
$1,500,000 - $2,000,000 $2,000,000 - $2,500,000 $2,500,000 - $3,000,000
$3,000,000 - $4,000,000 $4,000,000 - $5,000,000 $5,000,000 - $7,500,000
$7,500,000 - $10,000,000 Over $10,000,000
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616 Avocado Avenue, Corona Del Mar

2,516 SqFt
Located on one of the most picturesque tree-lined streets south of Pacific Coast Highway that defines the charm of Corona del Mar, this multi-unit investment property is a rare opportunity. The front two bedroom / two bathroom home has been tastefully upgraded and offers vaulted ceilings that generate a sense of volume with an open natural light-filled living area, remodeled bathrooms and kitchen with custom cabinetry, slab countertops, as well

1520 Abalone Place, Newport Beach

2,450 SqFt
Experience the ultimate in Southern California coastal living in this completely updated and idyllic Little Balboa Island gem. Located just steps from the pristine bay and warm sand, this open concept floor plan home exudes sophisticated elegance from top to bottom. Relax and enjoy the bay views from the great room, dining room, and kitchen. Experience culinary bliss in the gourmet kitchen, featuring granite countertops, bar seating, top-tier

425 Narcissus Avenue, Corona Del Mar

3,240 SqFt
Situated in a quiet location of the Village, this upgraded front and back home provides opportunity for an income property, live in front-rent the back, or a family compound. The main home supplies exciting square footage with 3 bedrooms, 3 1/2 baths amongst an open floorplan. Distinctively applied, the finished basement provides as a game room, media room and a wine cellar with a dining/tasting room. The main level consists of: dining room,

719 Jasmine Avenue, Corona Del Mar

2,889 SqFt
Light, flowing and without a doubt on trend, this newly remodeled duplex in Corona del Mar offers a unique opportunity for investors, second home seekers and full time residents alike. Eco friendly landscaping and a large front patio perfect for entertaining provides a welcoming presentation upon arrival with open floor plans and top of the line fixtures/finishes throughout the interiors of both the top and bottom units. The upper level unit

409 Clubhouse Avenue, Newport Beach

1,723 SqFt
Like living in an all-inclusive vacation resort! 409 Clubhouse is a coastal cutie nestled in the Finley Tract neighborhood along the charming Rivo Alto Channel. Light, bright, and positioned just right this cheerful remodeled bay front home presents a unique opportunity to live the lifestyle that until now you have only dreamed of. Thoughtfully configured with two distinct living areas, each with brick-accent fireplace, three bedrooms (one on

4200 Shorecrest Lane, Corona Del Mar

2,797 SqFt
SIGNIFICANT INVESTMENT PROPERTY! Triplex currently with all 3 units leased and consistent lease history. Completely remodeled in past 5 years with modern designs. Each unit has 2 bedrooms upstairs and each unit has a Sun Deck. Triplex has a laundry room. Prime location in Corona del Mar and just minutes from Little Corona Beach, Fashion Island and The Resort at Pelican Hill. Carports are covered and there's a community pool. Walking

417 Harding Street, Newport Beach

3 Beds, 4 Baths, 2,519 SqFt
Luxury vacation home that has an ideal location. Only minutes to the Ferry, Fun Zone, restaurants and right in-between the beach and the bay. There are 3 bedrooms and bathrooms upstairs and a converted bedroom with two Murphy beds down, that is used as a 4th bedroom. Very flexible open floor plan. This home has a short Term Lodging Permit which allows it to function as a coveted vacation rental property or used as a second home. The upgrades

3703 W Balboa (a&b) Boulevard B, Newport Beach

2,425 SqFt
PRICE IMPROVEMENT !!!! PURCHASE BOTH CONDOS AT A GREAT PRICE.....Located just a block from the beach, these two condominiums are right in the heart of Newport Beach. This property was originally built in 1990, in 2013 the front condo was extensively redone. Both residences are owned by the same investor, the front street side two story 3 bedroom/ 2 bath is a short term vacation property. The rear home has been redone in the last few years, two

2218 Pacific Avenue, Costa Mesa

5,405 SqFt
Rarely available location and all townhouse-style unit interiors. Considered one of the premier locations in Costa Mesa, the Pacific Townhomes offer five very spacious townhome units, each with sizable private yards, fireplaces, and balconies. The front three-bedroom townhome is a fully-detached, private residence and is approximately 1,300 square feet. All units have forced-air heat, central air conditioning, and individually-attached garages.

166 Rochester St A & B, Costa Mesa

4,442 SqFt
BEST INVESTMENT FOR THE NEW YEAR!!! CUSTOM BUILT TWO SINGLE FAMILY HOME IN EAST COSTA MESA COMPLETED 2018! NO MELLO ROOS; NO HOA DUE! Front house 2,393 sq.ft living space including 4 bedroom, 3.5 bathroom, two attached garage and two gusset parking; Back house 2,049 sq.ft living space including 3 bedroom, 2.5 bathroom, two attached garage and two gusset parking; All bedrooms upstairs, nine-foot ceilings and custom made eight-foot interior doors;

280 Cypress Drive, Laguna Beach


501 Monterey Lane, San Clemente

2,902 SqFt
This is a very rare opportunity to acquire a magnificent Ocean View Fourplex in San Clemente's coveted "Pier Bowl" . The property sits on a prime elevated lot just steps away from the Historic Pier, the Beach Trail and the pristine sandy beach . Commanding view of the surf and the ocean to Catalina and beyond are enjoyed from inside the property and from the expansive common area and surrounding decks. Pride of ownership is evident

1116 W Balboa Boulevard, Newport Beach

2,190 SqFt
Located just 2 houses from the sand makes this a highly desirable 4-plex on Newport’s Balboa Peninsula. This income property offers excellent income with minimal vacancy for any investor. All units are currently occupied with qualified long-term tenants. Each unit was renovated in 2006. The ground-level features a front 2-bedroom 2-bathroom unit and a separate one-bedroom unit off the back of the property. The second floor has two separate

1566 Glenneyre Street, Laguna Beach

2,350 SqFt
Located in the village of Laguna Beach is a completely turnkey triplex showcasing a gorgeous designer renovation. Just steps from famous Woods Cove and Bluebird Canyon Beaches, the property is convenient to Laguna Beach's HIP District, full of world-class restaurants, coffee shops, fabulous shopping and everything Laguna Beach has to offer. Completely turnkey property was renovated in 2017 down to the studs! All units are two-bedroom, one-bath

282 Chiquita, Laguna Beach

2,200 SqFt
COMPLETELY REMODELED NORTH LAGUNA DUPLEX!! GREAT VIEWS FROM BOTH LEVELS AND PANORAMIC VIEWS FROM THE SECOND FLOOR UNIT!! THIS IS THE PERFECT OPPORTUNITY FOR AN OWNER USER OR SECOND HOME PROPERTY AND HAVE BULIT IN RENT FROM THE LOWER UNIT! Located within one block to the BEST beaches and coves Laguna has to offer. The views include city,hillsides ,direct ocean and Catalina. The property has gone through an extensive remodel , opulent fit &

210 Pearl Avenue, Newport Beach

1,904 SqFt
Ideally situated on one of the islands desirable streets, near the iconic Balboa Island Ferry, this lovely duplex promises quintessential Balboa Island living. The front home offers 3 bedrooms and 2 baths, with an additional detached guest suite comprised of a fourth bedroom and third bath. Perfect for enjoying Newport Beach’s famed climate, an inviting living room with fireplace and separate family room open onto the spacious outdoor patio

16102 Waikiki Lane, Huntington Beach

5,363 SqFt
This quadruplex is about 2 miles from the the Beach and Huntington Harbor and was remodeled between Jan-April 2019. To view, please drive by the property only, do NOT disturb tenants, tenants are unaware, property will be shown after escrow opens. It was a major remodeling that owners spent hundreds of thousands. New dual panel glass sliding patio Doors in all units, new dual page vinyl windows in all the units, new interior doors and hardware

603 Iris Avenue, Corona Del Mar

1,724 SqFt
Charming duplex located in the Village of Corona del Mar. The front unit has been recently remodeled and has 2 bedrooms and 2 bathrooms with a large deck in the front and a side courtyard. The master bedroom is two levels, which is perfect for an office or retreat area below. The rear unit has been remodeled as well and has 2 bedrooms and 1 bathroom. Each unit has it's own one car garage and laundry. Great income producing property for an

1609 E Balboa Boulevard, Newport Beach

2,756 SqFt
Presenting a wonderful opportunity for instant income is this charming quadruplex located seconds to both the beach and bay within the highly desirable neighborhood of Peninsula Point. Encompassing (1) two-bedroom, one-bathroom unit and (3) one-bedroom, one-bathroom units, the property allows plenty of space for the future owner or manager to live on-site for easy property management. Three single garages provide additional storage and

706 Utica Avenue, Huntington Beach

4,904 SqFt
706 Utica Ave is a unique 4plex with large 3 bedroom/2.5 bath units. All four are townhouse-style and connected at only one wall, which means that each one is an “end unit” with no one above or below. The smart floorplan features an open downstairs with half bathroom. Upstairs there are three large bedrooms plus 2 bathrooms, which includes an oversized en suite master bedroom - big enough for two king-sized beds. Resident amenities include a 2

1104 Buena, San Clemente

This 4-unit apartment building is situated in the quickly developing coastal city of San Clemente. The property boasts unobstructed ocean views with large balconies/roof tops and direct beach access. This investment opportunity provides an ideal unit mix of large 2 & 3 bedroom units with significant rental upside offering tremendous long-term growth. Tenants appreciate and enjoy the proximity to entertainment and restaurants including Shops

208 Amethyst Avenue, Newport Beach

1,356 SqFt
Idyllic Balboa Island charm cottage with separate detached guest apartment over the garage! The picturesque main cottage, entered through an inviting Dutch door, offers 3 bedrooms, a spacious living room and dining nook, modern kitchen with quartz counters and a farmhouse sink, and a large sunny front patio. The substantial guest apartment has been completely renovated with AC, new kitchen, bath, floors, and paint, including two bedrooms plus

216 E Balboa Boulevard, Newport Beach

1,610 SqFt
RARE FIND CHARMING NONCONFORMING (4) UNITS. Great Location at the center of Balboa Peninsula. This Well Maintained Unique Property Is Near Most of the Amenities. Steps to Beach and Bay. Very Easy to Rent. Fully Occupied. All Units Has One Bed Room One Bath with Skylights (except unit A). Laminated Wood Floor and Double Panel Windows throughout. All Four Units are Identical. All the Units are in Good Condition with Updated Kitchen and

416 Larkspur Avenue, Corona Del Mar

3,001 SqFt
This attractive duplex was constructed in 1996 and exhibits a strong rental history with the ability to grow in-place rents, or substantially increase proforma rents through a conservative remodel. The front unit is a 2 bedroom plus loft with 2.5 baths totaling 2,310 square feet. The back unit is a 1 bedroom 1 bath layout totaling 691 square feet. Given the current configuration of the building, one could endeavor to condo the property as well,