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Distressed Income Properties for Sale, Over $10,000,000

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$13,500,000
 

1628 Oceanfront, Newport Beach

6 Beds, 11 Baths,
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Don't Miss Out on This Rare Opportunity! Discover the unparalleled charm of this prestigious property nestled in the heart of the Balboa Peninsula. Situated between the iconic Balboa Pier and Newport Pier, this boutique hotel offers a unique blend of luxury and coastal living. Featuring (7) studios, (2) 1 bed / 1 bath units, and (2) 2 bed / 1 bath units, this property boasts versatility to accommodate various lifestyles. Four units offer
Lisa Zhou Legacy Capital Investment Group
$12,000,000
 

283 Avocado Street, Costa Mesa

6 Beds, 5 Baths,
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Legitimate turnkey multifamily investment property offering a range of one-, two-, and three-bedroom loft-style floor plans. Substantial investment was made in 2023 and 2024, with over $1.7M in interior and exterior capital improvements. 100% of the interiors are fully renovated, including all new appliances, cabinets/counters, new electrical panels, flooring, painting and drywall, and all new windows and doors. Common area improvements
Tyler Leeson Marcus & Millichap RE Invest
$11,695,000
 

4005 Seashore, Newport Beach

8 Beds, 5 Baths,
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Featuring TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five
Tara Mcnabb Compass
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