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

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$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
$3,050,000
 

3509 Del Monte Drive, Anaheim

8 Beds, 6 Baths,
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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
$3,100,000
 

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
$3,100,000
 

2168 Placentia Avenue, Costa Mesa

12 Beds, 8 Baths,
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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
$3,149,000
 

406 Jasmine Avenue, Corona del Mar

5 Beds, 4 Baths,
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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
$3,150,000
 

1409 Lingan Lane, Santa Ana

3 Beds, 2 Baths,
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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
$3,190,000
 

368 Oak Street, Laguna Beach

4 Beds, 3 Baths,
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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
$3,199,999
 

20000 Laguna Canyon Road, Laguna Beach

4 Beds, 6 Baths,
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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
$3,200,000
 

319 15th Street, Huntington Beach

7 Beds, 5 Baths,
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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
$3,200,000
 

243 Avenida Montalvo, San Clemente

11 Beds, 10 Baths,
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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
$3,225,000
 

283 Dolphin Way, Laguna Beach

2 Beds, 2 Baths,
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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
Reduced
$3,250,000
 

1913 Court Street # 2, Newport Beach

4 Beds, 5 Baths,
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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.
$3,250,000
 

206 Chicago Avenue, Huntington Beach

5 Beds, 5 Baths,
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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
$3,280,000
 

124 Pearl Ave, Newport Beach

4 Beds, 4 Baths,
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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
$3,300,000
 

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
$3,375,000
 

705 Iris Avenue, Corona del Mar

4 Beds, 4 Baths,
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Centrally located in the Village of Corona del Mar, 705 Iris offers a wealth of possibilities! Currently configured as a triplex, the property could be a consistent income generator for the new owner. The main residence consists of two bedrooms and two bathrooms. The updated kitchen is open to a living room where natural light pours in, and a charming fireplace sits ready to warm coastal nights. The spacious living area that opens to
Brett Lucas O'Shaughnessy Group Real Estate
$3,380,000
 

510 Iris Avenue, Corona del Mar

6 Beds, 4 Baths,
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Professionally designed and remodeled duplex located in Corona del Mar. Each unit is 1,600 sq.ft with 3 beds, 2 baths, family room, dining area and kitchen. The two car garage is shared by the upper and lower units and can be accessed from each unit off the back patio. Upgrades include new flooring throughout, upgraded kitchen cabinets and countertops, appliances and recessed LED lighting. The kitchen is open to the dining area and living room.
Shevy Akason Keller Williams Realty N. Tustin
$3,380,000
 

512 Iris Avenue, Corona del Mar

6 Beds, 4 Baths,
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Professionally designed and remodeled duplex located in Corona del Mar. Each unit is 1,600 sq.ft with 3 beds, 2 baths, family room, dining area and kitchen. The two car garage is shared by the upper and lower units and can be accessed from each unit off the back patio. Upgrades include new flooring throughout, upgraded kitchen cabinets and countertops, appliances and recessed LED lighting. The kitchen is open to the dining area and living room.
Shevy Akason Keller Williams Realty N. Tustin
$3,400,000
 

422 Bay Avenue, Newport Beach

5 Beds, 6 Baths,
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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
$3,480,000
 

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
$3,495,000
 

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
$3,499,000
 

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
$3,499,000
 

105 High Drive, Laguna Beach

6 Beds, 4 Baths,
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103-105 High Drive - an incredible investment opportunity! For anyone looking for a co-op or opportunity to own one unit and rent out the other, look no further than 103-105 High Drive! This beautiful duplex is located just walking distance from Main Beach, Heisler Park and so many fabulous restaurants, shops and art galleries! Each unit features 3 bedrooms, 2 full bathrooms, a private balcony and private yard that amplifies an indoor-outdoor
Donnie Bowen Re/Max Real Estate Group
$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
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