- Desirable Rentals & Amenities: The property is comprised of six single story, cottage style, 2 Bedroom 1 Bath apartment homes. No common walls are shared by tenants allowing for a quiet living environment. Every home comes with washer & dryer hookups, enclosed garage, individual water heaters and patios. The two homes located at the rear of the property come with sizable yards. - Attainable Upside In Rents: Average rents on the property are roughly 20% below market . All tenants are on month to month leases allowing an investor the potential to immediately increase the income and take advantage of the strong Huntington Beach rental market. - Redevelopment Potential: Substantial redevelopment value in the land with a current zoning of Residential Medium High Density (RMH). This special zoning can potentially allow for 11 for sale homes. Lot dimensions are 100 feet wide by 200 feet deep for a total lot square footage of 20,000. A density bones could possibly allow for additional homes. Buyer to verify with the city of Huntington Beach. - First Time On The Market: Offered for sale by original developer.
Marcus & Millichap is pleased to present a four-plex on East Riverdale Street bordering the desirable areas of Anaheim Hills and Orange. This well constructed four-plex was built in 1964 and sits on a large 10,000 square-foot lot. The property is comprised of two, one-bedroom/one-bath units and two, two-bedroom/one-and-half bath units. Some common area amenities include laundry room (building owned), large storage room and carports.
Huge Price Reduction, Seller says sell now, Bring all offers, Motivated. An Extremely rare mixed use building located in the historical famous Balboa Peninsula. Building is one of the first buildings in the area. Currently is an active restaurant/bakery, approximately, 1,900sq.ft in addition there is additional storage. Upstairs consists of 2 apartments, each is 2 bedroom 1, bath, with separate entrances. Approximately 1,000sqf.t, each unit. W/ Breathtaking views from units and the large balcony. Great potential for vacation rentals. Corner building centrally located in the village and only steps away from the spectacular Balboa Pier, World famous Balboa Pavilion, and the Fun Zone. Building has had several upgrades over the years, including earthquake safety, copper plumbing, electrical etc. Please be respectful of tenants and customers (have not been notified)
The property features an attractive unit mix consisting of one 3 bedroom / 2 bathroom owners unit in the front with an attached garage, one 2 bedroom / 2 bathroom, three 2 bedroom / 1 bathroom units, and a 1 bedroom / 1 bathroom unit. Built in 1969, with a total square footage of 5,657, the building also boasts individual gas and electric meters, as well as a laundry room with coin operated equipment for additional income. Tenant amenities include private patios/balconies, palm tree landscaped grounds, enclosed garages, and open parking spaces. The Malaga Lane Apartments represent an ideal investment for a buyer looking for a well located property, in a strong rental market, with the potential to increase rents further for additional income.
DRIVE BY ONLY - DO NOT DISTURB TENANTS - Built in 1985 with pitched roofs, the subject property features nine large 2 bedroom 2 bath apartment homes averaging over 1,000 square feet each. The unit size and the additional second bathroom attract tenants; produce solid rents, and occupancy. Tenant amenities include ample parking; 9 garages and 11 car spaces, patios/balconies, on-site laundry facility, forced heat, wall A/C units, dishwashers and storage rooms. Offered for sale by the original developer, this opportunity is an ideal investment for a buyer pursuing a newer construction, well-built property, with substantial income potential. Please do not disturb tenants; drive by only. Contact listing agent for complete details.
- Well Located; Bordering Tustin & Orange - New Garage Doors - Newer Roof - Patios and Balconies - Large 3 Bedroom Owners Unit - Strong Rents In Place From Quality Tenants
Marcus & Millichap is pleased to present the Lincoln Court Apartments in Anaheim, California. This offering presents an investor the rare opportunity to acquire an attractive and impeccably well-maintained 1985 construction from the original builder. The property was built of the highest quality construction and has never been on the market. The subject property is a wood-frame/stucco construction with an excellent unit mix of 12 two-bedroom/two-bath, 12 two-bedroom/one-bath and eight one-bedroom/one-bath units. It is separately metered for gas and electricity, and each unit has its own water heater. The building has copper plumbing and a pitched roof. The property is highly amenitized: each unit has central air, some units have patio and balconies, and the property offers a sparkling pool and barbecue area. Also available are 80 on-site parking spaces, while extra parking and storage provide additional income to the property. Please do not disturb tenants; drive by only. Contact listing agent to schedule a tour.
BIG Ocean and Pier Views from this 4 Plex located in the fabulous San Clemente Pier Bowl. Old school charm, the two upper units are connected by an archway and currently are an Owners unit. 3 -1 bedroom units, 1- 2 Bedroom Unit. Archways, original wood floors, BIG VIEWS from all over the place, big decks, FOUR CAR GARAGE! Some units have Granite Counters, you'll find updated Vanities and Showers in some units, some you won't. The owners unit(s) feature upgraded bathrooms, upgraded kitchen, stainless appliances vintage wood floors and more. This is a bargain, the location and view is unsurpassed. This property is currently owner occupied and only one unit is rented. There is a studio addition but you can't rent it since that would be a bootleg 5th unit. You cannot get here fast enough! Please fax offers, the offers must be complete with verification of funds and pre-approval, etc. Please call to confirm receipt.
The Retreat in Laguna Beach are eight luxurious ocean villas that create the perfect compound for the celebrity, athletic or corporation that wants a getaway investment property near the ocean with white water views. This compound is currently operated as eight vacation rentals. One just needs to walk down the stairs to the ocean in Laguna Beach. A perfect compound to purchase to use as a get away for celebrities as a extended family getaways. The Retreat would be a excellent investment property acquisition for a movie studio as a corporate perk to get that actor for your new movie. This compound offers an exceptionally peaceful and private luxury experience in the heart of Laguna Beach Village. Select from a variety of unique villa offerings designed to indulge your senses, enhance your health and satisfy your taste of adventure. Clients can choose from the Rustico, Teatro, D'Arte, Palazzo, Da Vinci, Leone, Bella Mare, or the Roma villas at The Retreat. A rare investment opportunity to own a piece of Laguna Beach.
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Price Upon Req.7,743 SF
Irreplaceable Laguna Beach Location, Two Buildings with a Spacious Courtyard, Garage Parking and Onsite Laundry Room, Walking Distance to the Beach and Pavilions Shopping Center, Minutes from all Main Attractions, Hotels, Restaurants, Nightlife and Main Beach. For more information, please contact Tyler Leeson at (949)258-4539 / Tyler.Leeson@MarcusMillichap.com