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Distressed Income Properties for Sale, $2,500,000 - $3,000,000

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$2,500,000
 

910 Townsend Street, Santa Ana

12 Beds, 8 Baths,
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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
New
$2,550,000
 

280 16th St., Costa Mesa

4 Beds, 3 Baths,
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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
$2,595,000
 

102 Avenida Santiago, San Clemente

7 Beds, 4 Baths,
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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
$2,595,000
 

1022 El Camino Drive, Costa Mesa

12 Beds, 8 Baths,
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Welcome to 1022 El Camino Drive, Costa Mesa, CA 92626 a four-unit apartment community in Mesa Del Mar. This property comprises four meticulously renovated units, each featuring a spacious 3-bedroom, 2-bathroom layout with an average size of 1167 square feet. Nestled in the sought-after Mesa Del Mar neighborhood of Costa Mesa, this location offers the perfect blend of tranquility and convenience. The property boasts (4) single-car garages
Nick Gould Gould Group Inc
$2,595,000
 

31666 Wildwood Road, Laguna Beach

3 Beds, 3 Baths,
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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
$2,650,000
 

217 &223 Nyes Place, Laguna Beach

2 Beds, 2 Baths,
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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
$2,695,000
 

353 Hamilton Street, Costa Mesa

10 Beds, 8 Baths,
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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.
$2,750,000
 

317 22nd Street, Huntington Beach

9 Beds, 8 Baths,
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317 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
$2,750,000
 

321 22nd Street, Huntington Beach

9 Beds, 8 Baths,
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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
$2,835,000
 

218 Indianapolis Avenue, Huntington Beach

7 Beds, 5 Baths, 4,500 SqFt
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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 Spanish-style home. With five bedrooms and three
Kamfar Kyle Mirrafati Matthews Real Estate Investment Services
$2,949,000
 

430 1/2 Heliotrope Avenue, Corona del Mar

3 Beds, 3 Baths,
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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
New
$2,950,000
 

7681 Ellis Avenue, Huntington Beach

12 Beds, 6 Baths, 5,155 SqFt
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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.
$2,995,000
 

301 Balboa Boulevard, Newport Beach

3 Beds, 3 Baths,
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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
$2,995,000
 

363 Cleo Street, Laguna Beach

4 Beds, 4 Baths,
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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
$3,000,000
 

16172 Malaga Lane, Huntington Beach

12 Beds, 11 Baths,
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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
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