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Laguna Beach, 160 Saint Anns Drive

Price: $17,500,000
Units Total: 4
Lot Size: 9,148
Living Area: 6,800
Year Built: 2008
Parking: 18
Days on Market: 46
Description: This magnificent oceanfront property designed by prestigious architect Paul McLean and masterfully built by Gallo Builders is truly one of Laguna Beach’s finest! Nestled on a bluff overlooking the Pacific, this stunning residence is the perfect family compound or investment opportunity. Each level’s floor to ceiling walls of folding glass and mahogany doors open to beach front patios creating breathtaking indoor / outdoor spaces to enjoy sea breezes, the sparkling ocean, sunset and Catalina views. Limestone floors on every level and patio along with mahogany windows and doors create a soft contemporary design and remarkably comfortable living space. The property features 8 bedrooms (7 ensuite), 9 bathrooms, 4 gourmet kitchens, a media room, multiple deck levels with bbq, al fresco dining and lounging areas, 4 fireplaces, air conditioning and 4 laundry areas. Plenty of room for multi-generation extended family gatherings! An extremely unique amenity is parking for up to 18 cars. A subterranean garage has up to 12 parking spaces, upper garage has 2 spaces and there are 4 driveway spaces. The location of this trophy property provides access to absolutely ALL Laguna Beach has to offer. Enjoy walks along the water’s edge or the close proximity to Laguna village means a short walk to restaurants, shops and art galleries. This luxurious property can never be duplicated which makes it an opportunity of a lifetime. It’s time to make 160 Saint Anns your dream come true residence!

Costa Mesa, 1990 Maple Avenue

Price: $17,250,000
Units Total: 41
Lot Size: 84,071
Living Area: 37,392
Year Built: 1962
Parking: 69
Days on Market: 111
Description: Sundance West Apartment Homes is a rare 40 + 1 unit multifamily investment opportunity located in Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a combined 1.93-acre lot, Sundance West Apartment Homes consists of 1, non-conforming one-bed / one-bath unit, 20, two-bed / one-bath units, and 20, three-bed / one-and-a-half bath units. Built in 1962 and 1963, the property offers community amenities such as a swimming pool, carport and open parking, additional storage space, and six laundry rooms. In recent years, current ownership has invested capital into an interior renovations program that includes unit upgrades like new stainless steel appliances, quartz countertops in the kitchen and bathrooms, vinyl plank flooring, and much more. Currently, over 30 apartments have been fully renovated.

Laguna Beach, 2800 Ocean Front

Price: $16,999,999
Units Total: 3
Lot Size: 9,583
Living Area: 6,000
Year Built: 1963
Parking: 7
Days on Market: 82
Description: Are you ready to live your coastal dream? This is one of those once in a lifetime opportunities that may never come around again. Enjoy beachfront living ON THE SAND of coveted Victoria Beach. This incredible multi-family property on an almost 10,000 sq.ft lot has 60ft of beach / ocean frontage. The main home consists of 3 beds, 4 baths, and a den / bonus room adjacent to the sand. There are two additional 2bed, 2bath units, mirror images of each other, situated perfectly and privately above the main home to showcase the fantastic Pacific Ocean views. Rent out all 3 units, live in the main unit and rent the two units to help pay your property taxes, or simply just use the entire property as your private estate. Endless possibilities! Walls of glass expand throughout the main level of the home which beautifully frames everything there is to love about beach living: The sounds, smells, feel, and tranquility. Upgraded kitchen with luxury Dacor appliances, teak wood cabinetry, waterfall countertops, and glass tile backsplash. The sliding glass wall that opens to the deck off the family room is such a creative touch that really brings the outdoors inside. A spiral staircase leads you down to the bonus room which features a laundry room, a wet bar, lounging area, additional storage, bathroom, and 4 ocean-facing windows. Beach parking will never be an issue here with the 5-car garage plus additional space on the driveway. Amazing location near Montage and Laguna Village. Don’t hesitate!

Santa Ana, 2140 South Main Street

Price: $14,750,000
Units Total: 48
Lot Size: 38,333
Living Area: 48,459
Year Built: 1988
Parking: 95
Days on Market: 40
Description: Southtown at Main is a mixed-use investment property consisting of 44 multifamily units and 4 retail suites located at 2140 South Main Street, Santa Ana, CA. Built in 1988, Southtown at Main offers a fantastic unit mix consisting of spacious studio, one-bedroom, and two-bedroom floor plans, which allow the property to appeal to a wider renter base. The property provides a wide range of amenities including controlled access with keypad entry, gated subterranean parking, an on-site manager’s office, a business center, a fitness center, an elevator, and on-site laundry facilities. Since 2015, current ownership has invested nearly one-million dollars towards improving 30 of the 44 residential units, as well as the property’s amenities and exterior (contact Listing Agent for more details). A continued renovation plan to complete the remaining units will help a future investor achieve market-level rents across all unit types. Southtown at Main has an ideal Santa Ana location, positioned equidistant from Downtown Santa Ana to the north and the South Coast Metro to the south. The property is also situated within a two and a half mile radius of nearby primary transportation arteries, such as State Routes 55 and 73 and Interstates 5 and 405, providing residents with easy access to major employment centers throughout Orange County. In the unit mix, the last four studios are the four retail suites.

312 North Roosevelt Avenue

Price: $12,750,000
Units Total: 72
Lot Size: 40,075
Living Area: 34,000
Year Built: 1979
Parking: 20
Days on Market: 69
Description: The Palm Retirement Center is a rarely offered 144 Bed Assisted and Memory Care facility located in Fullerton, California. The residential care facility (RCFE) consists of 108 assisted living beds and 36 memory care beds situated in separate wings. Amenities include a large dining hall and commercial kitchen, laundry facility, recreation rooms, library, salon, and two outdoor courtyards. The 34,000 sq.ft facility is situated on a 40,750 sq.ft lot and has been a home for assisted living residents since 1977. The Property is being offered a 6.3% cap rate on current income at 9% vacancy with major upside in rents and potential added value. Current ownership is a low budget “mom and pop” operation with substantially below market rents. According to the 2019 Genworth Cost of Care Survey, the average cost of assisted living per resident in the Los Angeles Metro Market is $4500 a month. Through modernization and professional management, an investor can acquire this asset and achieve significant upside in cash flow and value.

336 North Coast Highway

Price: $9,750,000
Units Total: 10
Lot Size: 9,148
Living Area: 0
Year Built: 1954
Parking: 0
Days on Market: 80
Description: Significant rental upside and current value add by converting property to original city permitted 11 apartments and 3 commercial spaces. The property is zoned Commercial and the City may entertain a permit allowing for weekly short-term rentals. If this is accomplished this may increase the property’s income and value substantially. The Gallery is an ideal opportunity for a investor to take advantage of purchasing a rarely-available commercial mixed-use property in the world class resort town of Laguna Beach, California. Partial interior renovations of the apartment homes include quartz counters in the kitchen and bathrooms, updated cabinets, hardwood flooring and stainless appliance packages. The new owner will have the ability to to take over operations and take advantage of additional rental growth by increasing the income to market levels.

Anaheim, 536 North Anna Drive

Price: $7,500,000
Units Total: 28
Lot Size: 29,621
Living Area: 17,500
Year Built: 1960
Parking: 33
Days on Market: 12
Description: Palm Vista Apartment Homes is a twenty-eight unit multifamily complex located in Anaheim, California. Built in 1960 and 1964 the two parcels consist of 20 – 1 bed / 1 bath and 8 – 2 bed / 1 bath units. Both assets are well maintained and have beautifully landscaped grounds with flowers, plants and clean-cut grass. Open Parking and 28 Garages are available for tenants, which is a nice amenity in the densely populated city and on-site laundry is also provided for the residents. All twenty-eight units have received some type of interior upgrades and exterior renovations include new gas lines to meters, carport roofs, and garage doors. This property is in a good central Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a great neighborhood near a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth.

Newport Beach, 900 East Oceanfront

Price: $7,250,000
Units Total: 6
Lot Size: 6,534
Living Area: 5,850
Year Built: 1971
Parking: 8
Days on Market: 354
Description: SIX UNITS ON THE OCEANFRONT – Here is your chance to operate what could be in effect an oceanfront hotel on the Balboa Peninsula! Six 2 bedroom 2 bath units on the boardwalk, with Balboa Park, sand and ocean straight ahead, and the shopping, dining and activities of Balboa Village just a block away. Each unit has 1 car parking on the carport. Currently a mix of short term and long term rental units. Huge room for revenue improvement as well – with some cosmetic and furniture upgrades, current income could vastly increased. Inquire with agent as to pro forma options. – SIX UNITS ON THE OCEANFRONT

Laguna Beach, 356 Cliff Drive

Price: $6,995,000
Units Total: 4
Lot Size: 9,710
Living Area: 3,411
Year Built: 1963
Parking: 8
Days on Market: 48
Description: 356 Cliff is truly a rare offering on one of the most prestigious streets in Laguna Beach. This highly sought after investment property offers amazing ocean views and tons of potential for great rental income. Its currently set up as a fourplex which includes two units that are 2 bed 1 bath, one unit is 2 bed 2 bath and one studio with a full bath. The units sit on an over-sized lot with two single car garages and six additional uncovered parking spaces. There is a private laundry facility shared by the units. This property remains in very close proximity to some of Laguna’s famed art galleries, world class restaurants, Heisler park, local shops, downtown and amazing beaches. This coveted location will always remain as one of the most desirable spots in Orange County to live.

Newport Beach, 117 Via Antibes

Price: $6,995,000
Units Total: 6
Lot Size: 9,239
Living Area: 7,398
Year Built: 1958
Parking: 12
Days on Market: 10
Description: Generational opportunity to purchase a beautifully remodeled, six-unit condo complex on famed Lido Isle, the adage of location, location, location could not be more accurate when describing this one-of-a-kind investment. Sited an incredible parcel of approximately 3.5 lots and conveniently close to the areas desirable amenities of the bay, world-class dining, Lido Village, shopping and beaches coupled with access to the fabulous amenities of the community of Lido Isle. The six residences each have their own APN and the complex is comprised of four, impeccably and completely rebuilt from floor to ceiling 2-bedroom units that contain interior laundry, AC and top-quality finishes throughout plus two, 3-bedroom units. Each residence offers generous living areas, bedroom spaces, private patios plus enclosed, 2-car garages and range from 1,141 to 1,674 sq.ft. Encouraging an indoor / outdoor living environment, a gated, large interior courtyard with seating and bbq areas, welcomes residents, invites relaxation and provides a place in which to unwind and interact. Zoned RM – Residential Multifamily, the property is less than a stone’s throw from access to recreation on the bay or an easy jaunt into the Lido Village to enjoy a meal. This offering has the potential for vacation-rental income, long-term stays or even as a family compound. An added benefit is the “Lido lifestyle”. The community of Lido Isle offers tennis, sailing, beaches, clubhouse and parks as a perk of the HOA.

Newport Beach, 7310 West Oceanfront

Price: $6,499,999
Units Total: 2
Lot Size: 2,250
Living Area: 3,540
Year Built: 1969
Parking: 5
Days on Market: 16
Description: Dip your toes in the sand and surf with the best oceanfront living on W Oceanfront. There’s no better place for panoramic sunsets and views of white-water caps, the ocean and Catalina. As one of the tallest homes on W Oceanfront, there are 3 levels of living, with the structure currently configured as a duplex. This flexible structure could be converted to a single-family home or maybe convert the 1st floor to a 3rd unit as an ADU (buyer to confirm with the city). This home was remodeled to the studs in 2008 and features luxurious finishes and upgrades throughout. Entertainers will enjoy the private patio space with direct access to the beach and no boardwalk in front. The main level includes a finished 3-car garage, plus bathroom and bonus rooms with direct access to the patio. The 2nd floor is an owner’s suite with a great room and kitchen, dining room, walk-in pantry, guest bath, plus oversized master suite with jumbo master closet and bathroom. The 3rd level features a great room and kitchen, 3 bedrooms and 2 full baths. The floorplan can be reconfigured for additional bedrooms if needed. The back stairway provides access all the way to the 4th level, which reveals a rooftop with dramatic views. The roof is brand new and carries a 30-year transferable warranty. This corner lot features ample parking, including a finished 3 car garage plus room for 2 additional cars. Per zoning, the property is eligible for Newport Beach short term rental (vacation rental) permit.

Laguna Beach, 150 Cress Street

Price: $6,495,000
Units Total: 3
Lot Size: 7,241
Living Area: 3,415
Year Built: 2007
Parking: 6
Days on Market: 142
Description: Permitted for vacation rental- Your possibilities are virtually endless at this gated compound in Laguna Beach’s desirable village, where a trio of fully upgraded cottages is moments from the beach below and offers breathtaking ocean and sunset views. Adjacent to the steps leading to Cress Street Beach, the unparalleled property lives like an oceanfront paradise, with the ability to cater it to your individual lifestyle. Enjoy the large main cottage as your very own while renting out the others; live privately and utilize the smaller cottages as a home office, studio or gym; or create one of the coast’s most sought-after vacation rental getaways within minutes of Laguna’s famous galleries, unique restaurants and one-of-a-kind shops—truly the very best that Laguna has to offer. Beautiful and rare, with views up and down the coast and back to the twinkling lights of homes on the city’s stunning hills, this seaside paradise encourages outdoor socializing with a multi-level central courtyard, 4 fire pits, built-in seating and ocean-view verandas. Eight bedrooms and 5.5 baths are offered in a combined total of approximately 3,425 sq.ft of ultra-refined interior space. Exquisite craftsmanship and attention to detail are showcased through the use of top-tier finishes and fixtures that include wide-plank wood flooring, eye-catching hand-laid tile work, tray ceilings, crown molding, custom cabinetry in kitchens and baths, and top-of-the-line stainless steel appliances.

Santa Ana, 1001 Riverine Avenue

Price: $6,425,000
Units Total: 30
Lot Size: 20,909
Living Area: 20,854
Year Built: 1982
Parking: 30
Days on Market: 201
Description: Riverine Apartments is a 30-unit multifamily investment property located at 1001 Riverine Avenue, Santa Ana, CA. Built in 1982, Riverine Apartments consists of spacious studio units and offers amenities including on-site laundry, controlled access, security doors, private balconies, and gated covered parking. 16 units have recently undergone renovations including new flooring, cabinets, paint, quartz countertops, fixtures, and appliance packages.

Newport Beach, 1514 West Oceanfront

Price: $5,995,000
Units Total: 3
Lot Size: 3,049
Living Area: 2,800
Year Built: 1957
Parking: 3
Days on Market: 100
Description: Rare legal oceanfront Triplex in highly desired, central oceanfront location on the boardwalk between the two piers was recently remodeled earlier this year. Excellent income history with proven track record and immaculate condition. Stunning unobstructed “sit-down” ocean, Catalina and sunset views from the 2 front units. Recent upgrades include termite clearance, new interior and exterior paint in all units, remodeled kitchens, new tiled bathrooms with seamless glass showers, double sinks and quartz countertops. All 3 units are 2 bedroom and 1 bath. Unit A is the upper oceanfront unit that sleeps 7 with vaulted beam ceilings throughout, Great Room with walls of glass to the ocean, brick fireplace, wood floors, open kitchen with breakfast bar and new quartz countertops in kitchen and bathroom. Unit B is the lower oceanfront unit that sleeps 6 and features a private front patio w / sliding door, brick fireplace, open kitchen, dining nook, breakfast bar, gas cooktop, new quartz countertops and tile backsplash in remodeled kitchen and bathroom. Unit C is the lower back unit that sleeps 6 and does not face the ocean. Nicely remodeled with tile and wood floors, beam ceiling, crown molding, open floor plan, remodeled kitchen and bath. Each unit has access to a 1 car garage and shared coin-op laundry room. Many groups reserve all 3 units for extended family vacations. All furnishings included in a turn-key package. Close proximity to Marina Park, Balboa Fun Zone and 20 + restaurants.

Buena Park, 7222 Melrose Street

Price: $5,850,000
Units Total: 24
Lot Size: 30,056
Living Area: 15,384
Year Built: 1987
Parking: 25
Days on Market: 1
Description: Built in 1987 pride of ownership. This senior / 55 + apartment building is quiet, friendly and low maintenance with long term tenants. Each unit is 1bd / 1bath with included washer / dryer, wall A / C and owner provided cable TV. Individually metered for gas and electric. Onsite parking through gated entry. Below market rents provide opportunity for more cash flow with rent raises. Large shaded common area great for relaxing and socializing. Minutes from 91 and 5 freeways. Walking distance to The Source – Southern California’s newest lifestyle and entertainment destination, offering a unique, innovative dining, retail, and entertainment experience that is unprecedented in Southern California.

Newport Beach, 204 East Oceanfront

Price: $5,300,000
Units Total: 2
Lot Size: 2,400
Living Area: 2,500
Year Built: 1995
Parking: 2
Days on Market: 11
Description: This unique quintessential beachside property is situated on a prime lot, perfectly positioned between Newport Pier and the Balboa Pier. Each condo features breathtaking views of the surf and sand, with stunning sunsets in the evening, and a layout optimized for seamless indoor-outdoor living. The upper-level condo features an open layout with 3 bedrooms, 2 bathrooms, and a rooftop deck for entertaining. The bottom-level condo features 2 bedrooms, 1 bathroom, and opens to a private patio looking out over the boardwalk and beach. Just steps from the sand, this Balboa Peninsula property offers a serene setting with white water views of the sparkling Pacific Ocean as the backdrop of your daily life. Exquisitely designed, each single-level living space offers high-end finishes such as limestone flooring, top-of-the-line appliances, and custom cabinetry – all blending together to embody elegant coastal living. Comfortably situated in one of the most desirable areas of Southern California, this remarkable property is located just minutes from the Ferry, Fun Zone, the Wedge, and world-class shopping and dining. With the rarity of two true oceanfront condos, this property offers a once-in-a-lifetime opportunity to live in one home while renting the other or to have a separate guest home for friends and family.

Santa Ana, 939 South Standard Avenue

Price: $5,040,000
Units Total: 24
Lot Size: 15,682
Living Area: 14,784
Year Built: 1958
Parking: 24
Days on Market: 201
Description: We are pleased to present the opportunity to acquire 939 – 1001 South Standard Avenue, a 24-unit multifamily investment property located in Santa Ana, California. Built in 1958,939 – 1001 South Standard Avenue consists of 24 one-bedroom units on two adjacent parcels. Most units have been partially renovated with upgraded flooring, kitchen, and bath. Amenities include open parking, gated access, and on-site laundry.

Fullerton, 1501 North Brea Boulevard

Price: $5,000,000
Units Total: 22
Lot Size: 79,279
Living Area: 11,022
Year Built: 1992
Parking: No
Days on Market: 59
Description: The subject property offers an outstanding investment opportunity for investors seeking a stable income stream, rental upside, in-place capital expenditure reserves and the numerous advantages that come from being able to sell off individually parceled units. Additionally, an investor will reap the immediate benefit of the community Association’s recently approved, massive special assessment that is slated to infuse its reserves with the addition of over $630,000 to cover the costs of common area maintenance and upgrades that will modernize its hallways, interior lighting and other common areas. Built in 1992, the offering consists of twenty-two 1 bedroom / 1 bath rental condominium units within a sixty-eight unit complex which are distributed throughout three floors of the property. All of the units provide central air conditioning and heating, gas ranges, microwave ovens, dishwashers and large private balconies or patios. Most of the units have either hillside views or views of the neighboring Lions Field sports complex and Hillside Park. This offering provides several unique ownership benefits rarely available in properties in this size: common area management and maintenance and a broad range of common amenities such as multiple fitness rooms on each floor, a community room with a full kitchen, media center and pool table, a private park, a pool and spa and laundry rooms and restroom facilities on each floor of the complex.

1216 West Balboa Boulevard

Price: $4,999,888
Units Total: 7
Lot Size: 6,098
Living Area: 5,382
Year Built: 1949
Parking: 7
Days on Market: 75

Laguna Beach, 2838 Wards Terrace

Price: $4,995,000
Units Total: 3
Lot Size: 2,178
Living Area: 1,850
Year Built: 1927
Parking: 2
Days on Market: 34
Description: Three apartments located on the second row from Laguna’s famous Victoria Beach! One unit in the rear is very private, and there are two additional units in front, one upstairs and one at street level. There are ocean views from the upstairs unit. This is an excellent opportunity to redevelop the property into a single family home, on a street with several ocean-front homes, or for continued use as income property. The two larger units in front may be combined into a single 2-level beach house, and the rear apartment may be used as a detached studio, office or gym. The three units currently generate $8,685 in monthly rents.

Costa Mesa, 314 Ogle Street

Price: $4,950,000
Units Total: 10
Lot Size: 30,056
Living Area: 6,862
Year Built: 1958
Parking: 18
Days on Market: 18
Description: Diamond in the rough – This Eastside Costa Mesa 10 unit apartment property includes (1) 2 bed 2 bath apartment and (9) 1 bed 1 bath apartment, a private outdoor patio for each apartment is rare. In addition, there are 10 carports and 8 open parking spaces. Also a laundry room and storage area for the tenants. 314 Ogle St borders the coveted neighborhood of Newport Beach, California and it is perfect for the residential real estate developer looking for the next ideal real estate project. 314 Ogle St is zoned an R2 medium density property, situated on a 30,056 square foot lot (. 69 Acre), with tremendous future value potential. The location of the property is highly desirable as it is walking distance to Newport Heights Elementary School or a short bike ride to Ensign or Newport Harbor High. It’s close proximity to 17th Street with wonderful shopping and restaurants.

Laguna Beach, 618 South Coast

Price: $4,780,000
Units Total: 5
Lot Size: 5,737
Living Area: 4,005
Year Built: 1965
Parking: 3
Days on Market: 45
Description: This is a trophy property walking distance to the beach and downtown “The Village” in Laguna Beach. Excellent unit mix of (3) 1 + 1s, (1) 2 + 2, and a commercial unit. The Two bedroom Unit and Commercial Unit have an Amazing Ocean View. There is tremendous upside potential by increasing the residential rents on the 1 + 1s. And when leases turn, have the tenants pay their own electric bill. The building is separately metered, however the Owner did not take advantage of this and is paying for everyone’s electricity. REQUEST OFFERING MEMORANDUM FROM BROKER.

Newport Beach, 2202 West Oceanfront

Price: $4,495,000
Units Total: 4
Lot Size: 3,049
Living Area: 3,400
Year Built: 1961
Parking: 4
Days on Market: 51
Description: Situated directly in front of Blackies surf break with views of the Newport Pier, crashing waves, and Catalina Island, this oceanfront quadruplex with garage parking for 4-cars presents a rare investment opportunity for stable, long-term income as well as short-term lodging income. Thoughtfully designed, the beautiful upper units, (1) 2BR / 2BA and (1) 1BR / 1BA, can be combined for a 3BR / 2BA unit to accommodate larger groups and earn premium rates. Fit with quality stainless steel appliances, a marble fireplace, cherry-wood cabinets, teak flooring and voluminous ceilings, the ocean-facing upper unit is an attractive residence for a homeowner or luxury vacationers alike. A spacious sundeck with built-in barbecue and bar-top offers the coveted indoor-outdoor lifestyle and a private retreat to watch passerby, sunsets, and surfers challenging the waves. Each upper unit comes with in-unit laundry and has been recently refurnished (2020), painted, and permitted for short-term lodging, while the (2) 1BR / 1BA lower units share laundry in the garage and showcase new vinyl flooring. Additional highlights include one new garage door and track as well as a gated courtyard entry. Given its highly desirable location and luxe accommodations at the center of Newport’s cultural attractions, the income potential for this performing asset reveal a sound investment.

Anaheim, 401 North Bush Street

Price: $4,450,000
Units Total: 16
Lot Size: 21,671
Living Area: 12,847
Year Built: 1962
Parking: 34
Days on Market: 24
Description: Pleased to present the opportunity to acquire El Oasis Apartments on Bush Street, a 16-unit apartment complex located in Anaheim. Built in 1962, the property consists of two adjacent parcels consisting of 8 units each. Each parcel offers 2 bedroom units. In addition, the property offers 20 garage parking spaces, plenty of open parking and a nice a courtyard. The El Oasis Apartments on Bush Street offers an opportunity to purchase a well-maintained property with over 25% rental upside and over a 5.3% market cap.