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Distressed Income Properties for Sale, $3,000,000 - $4,000,000

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$3,480,000
 

709 Chestnut Avenue, Santa Ana

1 Bath,
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Pleased to present 709 East Chestnut Avenue, an immaculate turn-key 12-unit apartment building. Built in 1983 and nestled in the heart of Santa Ana, just minutes away from the Historical Downtown District, this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 6.2% Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage,
Rick Applebaum Morgan Skenderian
$3,499,000
 

213 41st Street, Newport Beach

6 Beds, 4 Baths,
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Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained corner duplex is the perfect income generator and/or development opportunity. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable neighborhood
Matt Genova Arbor Real Estate
$3,600,000
 

210 Grant St, Newport Beach

6 Beds, 4 Baths,
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Welcome to 210 Grant St, a luxury Duplex in highly coveted Newport Beach. Nestled perfectly between the Canal and Pacific Ocean. This property has been exquisitely remodeled and completely upgraded over the last year and a half. Meticulous care went into every detail. Two units, each with 3 bedrooms and 2 bathrooms. Upstairs unit B is the premiere unit, boasting a larger footprint, soaring vaulted ceilings with lots of sky lights, tons
Nick Skawinski First Team Real Estate
$4,000,000
 

902 17th Street, Santa Ana

3 Beds, 2 Baths,
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902 E 17th Street comprises of 18 units situated on a well-maintained 11,547 square feet lot of land. The property's cross streets are Lincoln Avenue and Fairmont Street. 902 E 17th Street sits adjacent to the I-5 Freeway and is within a two-mile radius to Downtown Santa Ana , also dubbed "Downtown Orange County". The property offers convenient access to grocery stores, pharmacies, restaurants, and plenty of specialty retail all within
Eric Chen CB RICHARD ELLIS
$3,995,000
 

407 Heliotrope Avenue, Corona del Mar

5 Beds, 4 Baths,
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Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem—a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths,
Carter Weir Berkshire Hathaway Homeservice
$3,695,000
 

507 29th Street, Newport Beach

4 Beds, 5 Baths,
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Iconic, mixed-use 2-unit building located in Newport Beach’s popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117
Larry Birnbaum LMB Enterprises
$3,600,000
 

284 Chiquita Street, Laguna Beach

4 Beds, 4 Baths,
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Panoramic Ocean Views North Laguna Duplex - Price Improvement! Rare opportunity to own a turnkey prime location property in coveted preferred area of North Laguna Beach!! Owner occupy one unit and generate rental income from the other or with the investor in mind - a two unit rental with the potential to add additional value by adding an ADU. Each unit is 2 bedrooms 1.5 baths and approx 880 sq.ft. Single level units with no interior steps -
Lynne Karpa Compass
$3,495,000
 

200 Wakefield Avenue, Anaheim

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Prime Net Lease Inc. is pleased to offer 200 E. Wakefield Ave. in the desirablecommunity of Anaheim. The subject property was completely renovated in2021-2022 and is in excellent condition. 200 E. Wakefield Ave. offers the newowner a turnkey, low-maintenance asset with immediate cash flow. The propertyfeatures a unique unit mix with units 3, 4, and 5 Bedroom units. There areindividual enclosed single car garages for each unit at the rear of the
Paul Matusik Prime Desert Estates
$3,100,000
 

16861 Green Lane, Huntington Beach

7 Beds, 7 Baths,
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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. This opportunity currently boast a 4.31% CAP and there is still an estimated 15-20% upside on rents on the current GSI. The Bolsa Chica Wetlands, Huntington Harbour, Meadowlark Golf
Gene Smith RE/MAX TerraSol
$3,399,000
 

2711 Balboa Boulevard, Newport Beach

5 Beds, 4 Baths,
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Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located a mere ten homes away from the beach within the famed 100 block, and moments from Newport Beach's radiant sands and shimmering sea, this premier parcel epitomizes flexibility. Your dream beach home is now attainable. Enjoy it when you wish and rent it when you choose. This dual-offering presents a perfect blend of significant income potential and personal
Greg Blake Coldwell Banker Realty
Reduced
$3,500,000
 

276 Chiquita Street, Laguna Beach

4 Beds, 4 Baths,
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Calling all Savvy investors, 276 Chiquita St. presents a remarkable opportunity. With its versatile units, ocean views, and prime location, this multiunit property is a promising addition to any real estate portfolio. The highly desirable location ensures a steady stream of potential tenants, making it an attractive investment option. Build new or remodel for your investment, or a fabulous family compound to enjoy the most amazing lifestyle in
Cesi Pagano Keller Williams Realty
$3,300,000
 

205 Huntington Street, Huntington Beach

7 Beds, 4 Baths,
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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
$3,590,000
 

625 701 Provential Drive, Anaheim

16 Beds, 8 Baths,
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*625 W Provential Dr to be sold with 701 W Provential Dr, total 8 units, total asking price:$3,590,000 inspection upon acceptance of offer, only 15 minutes to Disneyland or Knotts Berry farm. Most units have been renovated, has laundry facility on premises, equipment is leased, all units have back yards, tenants have month to month leases, the units are separately metered. This is a pride of ownership building, very well maintained, units face
Nathan Abbott Americal Realty
$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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