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$2,150,000
PW26163488 MLS Active Status
Coriander Drive is a rare four-unit investment opportunity located on the spice streets in the highly sought-after Mesa Verde neighborhood of Costa Mesa. The property features an exceptional unit mix consisting of one spacious three-bedroom unit and three well-designed two-bedroom units, catering to a broad tenant base seeking larger floor plans with units ranging from 1000-1600 sqft. in one of Orange County’s most desirable rental markets. The property has been well maintained and benefits from recent exterior improvements, including upgrades staircases, new windows, new tankless water heater, allowing a new owner to capitalize on a stable in-place income stream while continuing to enhance the asset over time. Positioned on a generous lot with seven on-site parking spaces, the property offers an amenity that is increasingly valuable in the Costa Mesa market. With below-market rents, investors have the opportunity to achieve meaningful rental upside as units naturally turn over, creating the potential for increased cash flow and long-term appreciation.

1635 Coriander Drive, Costa Mesa

$1,650,000
OC26159419 MLS Active Status
Exceptional Costa Mesa Triplex Investment Opportunity Rarely does a property like this become available in one of Costa Mesa's most desirable rental neighborhoods. Situated on a prime corner lot at 3045 Coolidge Avenue, this well-positioned triplex offers an outstanding investment opportunity featuring three spacious 2-bedroom, 1 and 2 bath units, each with generously sized floor plans that consistently appeal to long-term tenants. The property's corner location provides an attractive residential setting, bordered by established single-family homes on one side and multifamily residences on the other—creating the perfect balance of neighborhood charm and strong rental demand. The building offers excellent curb appeal, abundant natural light, and a layout that tenants love. Location is everything, and this property delivers. Residents enjoy walking distance to Paularino Elementary School, nearby parks, neighborhood shopping, restaurants, and everyday conveniences. The property is just minutes from South Coast Plaza, Segerstrom Center for the Arts, Orange Coast College, John Wayne Airport, and the world-famous beaches of Newport Beach and Huntington Beach. Easy access to the 55, 405, and 73 Freeways makes commuting throughout Orange County exceptionally convenient. Costa Mesa continues to be one of Orange County's strongest rental markets, driven by its central location, vibrant employment base, highly desirable coastal lifestyle, and proximity to major business centers. The city boasts more than 80,000 jobs, a thriving economy, outstanding dining and entertainment, and one of Southern California's most sought-after lifestyles—making quality rental housing consistently attractive to tenants. -Three large 2-bedroom units -Prime corner location -Excellent tenant appeal -Walking distance to schools -Strong rental demand -Close to beaches, shopping, employment centers, and freeways -Located in one of Orange County's most desirable investment markets Investment opportunities in this location are increasingly difficult to find. This is your chance to own a quality income-producing asset in the heart of Costa Mesa—where strong fundamentals, exceptional location, and long-term appreciation potential come together to create an outstanding real estate investment. A true turnkey addition to any investment portfolio .

3045 Coolidge, Costa Mesa

$9,250,000
OC26158213 MLS Active Status
211 W Marquita is a 24+1 unit multifamily property located in San Clemente, California. Built in 1951 and 1971, the property features an estimated 11,827 rentable square feet on a 0.61-acre lot, with a unit mix consisting of 21 one-bedroom/one-bath units, three studio units, and one non-conforming studio unit. The property also offers 23 garage spaces, 10 surface spaces, and an on-site laundry facility. 211 W Marquita is positioned in one of San Clemente’s most desirable coastal rental environments, within walking distance of beaches, schools, local shops, restaurants, bars, and everyday conveniences. The property benefits from proximity to the Avenida Del Mar dining and retail corridor, the San Clemente Pier, coastal trails, and the recently opened Miramar Food Hall in North Beach. This location provides tenants with the walkable coastal lifestyle that continues to drive demand throughout San Clemente. The offering provides investors with a clear value-add opportunity through both interior and operational upside. A new owner could pursue a comprehensive property and unit renovation program to better align the asset with current market expectations, as renovated apartment units in San Clemente have demonstrated the ability to achieve meaningful rental premiums. In addition, the property currently does not have a RUBS program in place, creating the potential to recapture a portion of utility expenses, while the existing garage and surface parking may provide an additional opportunity to generate revenue. With its coastal San Clemente location, substantial parking supply, and multiple avenues to improve income, 211 W Marquita offers investors the opportunity to reposition a well-located asset in one of South Orange County’s most supply-constrained rental markets.

211 W Marquita, San Clemente

$16,995,000
OC26155362 MLS Active Status
Rare waterfront investment opportunity in Newport Beach’s highly desirable Lido Peninsula. The property consists of four buildings totaling 10 units across three APNs: APN 423-083-12 (4 units), APN 423-083-11 (4 units), and APN 423-083-10 (2 units). Ideally positioned along the water with abundant natural light and premier bayfront views, this unique offering presents an exceptional opportunity for investors and developers to acquire a well-located multifamily asset with significant upside potential through strategic repositioning and enhancement of the existing units, while capitalizing on the strong demand for waterfront living in one of Southern California’s most sought-after coastal communities. The property also features a 50-foot dock, adding to the unique waterfront appeal of this rare Newport Beach offering. Do Not Visit Property Without Appointment - Contact Listing Office. Property is Tenant Occupied; Do Not Disturb Occupants

626 Clubhouse, Newport Beach

$3,840,000
OC26157854 MLS Active Status
Brand New 2026 Construction Exempt from Rent Control for the First 15 Years. Exceptional opportunity to acquire a newly constructed townhome community in the heart of Orange County. The property features five spacious 3 bedroom, 2.5 bathroom townhomes, each appointed with luxury finishes, oversized two car garages, private two car driveways, large private patios, and ample guest parking within a gated community. This turnkey, low maintenance investment offers modern construction, minimal deferred maintenance, and strong long term rental growth potential in a highly desirable central Orange County location. Situated within an Opportunity Zone, this asset combines the benefits of new construction with an outstanding location, making it an exceptional addition to any investment portfolio.

1113 N. Bewley, Santa Ana

$2,550,000
PW26147427 MLS Active Status
We are pleased to present a rare 4-unit coastal investment opportunity located in the heart of Dana Point. The property consists of two one-bedroom units and two two-bedroom units, offering a desirable unit mix in one of Southern California’s most sought-after beach communities. Select units feature highly coveted outdoor living amenities, including an ocean-view unit and a spacious private patio, providing residents with a premium coastal living experience. The property offers investors meaningful rental upside through the continued repositioning of rents to market levels. Situated within a high-barrier-to-entry coastal submarket characterized by limited multifamily inventory, strong demand, and historically high occupancy, Alcazar Avenue presents a compelling opportunity to capture significant future income growth and long-term appreciation.

33872 Alcazar, Dana Point

$1,799,000
NP26143895 MLS Active Status
12561 Camus Ln, a well-located 6-unit apartment asset in Stanton. The property features a functional unit mix of (2) 2-bedroom, 1-bath units and (4) 1-bedroom, 1-bath units totaling approximately 5,067 square feet. Offered at an attractive basis of $299,833 per unit and $355 per square foot, the asset provides a clear path to income growth. With current rents below market, representing approximately 24% rental upside, the property is well-positioned for a new owner to gradually capture higher rents over time or take advantage of the vacant 1-bedroom unit to accelerate rent growth while maintaining stable in-place income. Located on the border of Stanton and Garden Grove, the property benefits from convenient access to major freeways, nearby employment centers, and everyday retail amenities. 12561 Camus Ln presents a balanced investment opportunity supported by consistent demand fundamentals.

12561 Camus Lane, Stanton

$3,780,000
OC26142991 MLS Active Under Contract Status
9556–9568 Walker Street is a 7-unit multifamily investment located in Cypress, California. Built in 1991 and offered for sale by the original owner/developer, the property offers a rare opportunity to acquire a newer-vintage, condomapped multifamily asset in a desirable North Orange County location. The property features seven 2-bed/1.5-bath townhome units (930 sf), each with a two-story floor plan, private patio, central air and heat, and in-unit laundry hookups. The units have been updated with quartz countertops, vinyl plank flooring, and recessed lighting, while recent exterior and capital improvements include exterior repainting in 2026, the remodel of Unit 9564 in 2026, replacement of the garage roof in 2023, garage door replacements, and an apartment roof replacement around 2016. A key differentiator is the property’s condo-mapped structure, with each unit assigned its own separate APN. This provides new ownership with a rare additional exit strategy through the potential sale of individual units, rather than being limited to a traditional multifamily disposition. With recent 2-bedroom condo sales in Cypress averaging approximately $653,000 over the last calendar year, the individual-unit structure provides meaningful market context for this long-term optionality. The property is also well-positioned operationally, with electricity, gas, and water separately metered to each unit, helping reduce ownership expenses and further supporting the feasibility of a future unit-by-unit sale strategy. Overall, 9556–9568 Walker Street offers investors a combination of newer construction, updated townhome-style units, stable multifamily operations, and a differentiated ownership structure rarely available in the Cypress market.

9556 9568 Walker Street, Cypress

$4,750,000
OC26138054 MLS Active Status
1602 - 1608 West Juno Avenue is a 16+1 unit multifamily offering located in Anaheim, California. The property consists of two side-by-side apartment buildings on separate legal parcels, connected by a shared central courtyard. The unit mix includes 1 non-conforming studio, 12 one bed/one bath units, and 4 two bed/one bath units. The asset is supported by gated access, garage parking, two laundry rooms, and two main water heaters. Built in 1960, the property offers a strong combination of completed renovation work and remaining upside. 15 of the 17 total units have been renovated and 2 units remain in original condition. This provides investors with a mostly stabilized asset profile while preserving a clear path to increase income through targeted interior upgrades, continued rent optimization, and improved operation of the remaining non-renovated units. Additional value may be available through future ADU creation, subject to approval by the City of Anaheim and any other applicable authorities. With most of the renovation program already completed, 1602 - 1608 West Juno Avenue offers investors an Anaheim multifamily opportunity with strong in-place appeal, remaining unit-level upside, and additional long-term potential through future ADU creation.

1602 1608 W Juno Avenue, Anaheim

$3,495,000
OC26134197 MLS Active Status
Exceptional investment opportunity in the heart of Costa Mesa. Located in the beautiful Westside area, 681 Victoria offers a diamond in the rough 7 unit, multifamily property with great possibilities and convenient access to beaches, shopping, dining, and major transportation routes. The property features a variety of unit types, functional layouts, and some private outdoor space, providing long-term appeal for both tenants and investors. Situated on a generous lot in an established residential neighborhood, this asset presents the possibility for stable cash flow with potential for future upside. Residents enjoy close proximity to Newport Beach, 17th Street, Triangle Square, Pacific Coast Highway, and the 55 Freeway. Whether expanding an investment portfolio or acquiring a quality income-producing property in a high-demand coastal market, this property represents a compelling opportunity in one of Orange County’s most sought-after rental locations. Four two story units with 2 bedrooms and 1.5 baths, one upstairs unit with 1 bedroom and 1 bath, 1 single level unit with 2 bedrooms and 1 bath and one single level unit with 3 bedrooms (per appraiser) and 1 bath. There is laundry hook-up for each unit and lots of parking. There are also two single garages. Financial information provided upon request. Any and all information on the MLS is deemed to be reliable but is not guaranteed. Buyer to satisfy self with due diligence and appropriate inspections.

681 Victoria, Costa Mesa

$2,200,000
PW26133311 MLS Active Status
First time on the market since 1977, this pride-of-ownership six-unit apartment property has been family-owned and operated since construction. The well-maintained courtyard-style complex features a desirable unit mix of one (1) one-bedroom/one-bath unit and five (5) two-bedroom units. Ownership has consistently invested in the property over the years, completing extensive upgrades including newer windows, sliding glass doors, flooring, and balcony improvements. The property presents in clean condition with no apparent deferred maintenance. The asset offers ample parking with eight (8) garages, additional open parking spaces, and dedicated storage within each garage. All units are billed through a RUBS utility reimbursement program, providing operational efficiency and expense recovery. Located in an established Fullerton neighborhood surrounded by a balanced mix of multifamily and single-family residences, the property benefits from limited neighborhood congestion and proximity to ongoing area investment and redevelopment. Stable long-term tenancy provides reliable income, while future upside potential exists through rental adjustments and parking income optimization. Excellent opportunity for investors seeking a well-maintained asset with strong ownership history and value-add potential.

100 E Ash, Fullerton

$960,000
OC26132747 MLS Active Under Contract Status
Welcome to 717 N. Lacy Street, a terrific value-add triplex opportunity, that sits just outside Historic French Park, in one of the most premium locations in all of Santa Ana. First time on the market since this property was constructed in 1986, we have on offer three units across two separate buildings that are connected by an upper walkway. The unit mix consists of one 3 bedroom/1.5 bath, one 2 bedroom/1.5 bath and one 2 bedroom/2bath. All units come with private, in-unit laundry and oversized 2 car garages. There is also a single garage space that is being rented out additionally per month as well as an unused storage room that presents opportunity for expansion. Build an ADU out of the storage room or even the garages to enhance the value of this property! Right next door to St. Joseph's Elementary School, walking distance to Downtown and the train station, there is shopping, restaurants, and 5 freeway access right at the front door of this location. Call us today more information, to make a tour and secure this property for yourself!

717 N Lacy, Santa Ana

$4,590,000
PW26131329 MLS Active Status
We are pleased to present a turn key 8-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of eight fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.

12122 12132 Bailey Avenue, Garden Grove

$16,750,000
OC26129355 MLS Active Status
Vista Royale Apartments is a well-maintained 55-unit multifamily community located in Santa Ana's highly desirable Floral Park neighborhood, directly across from Willard Elementary School and less than one mile from Downtown Santa Ana. The property benefits from strong renter demand, excellent regional connectivity, and proximity to major employment, retail, and entertainment destinations. Built in 1987, the community consists of 7 one-bedroom units and 48 oversized floorplans featuring one bedroom, two bathrooms, and a den, effectively competing with traditional two-bedroom, two-bathroom apartments. These unique units also feature dual private balconies, a rare amenity that enhances resident appeal and supports rental growth. Offered at an attractive 5.84% capitalization rate, Vista Royale provides immediate cash flow with approximately $235,000 in loss-to-lease, creating a clear opportunity to increase revenue through continued rent growth. The property is exceptionally efficient from an operational standpoint, with 100% separate gas and electric metering and a well-established RUBS program that recovers a substantial portion of water and trash expenses. Ownership has also recently completed both the SB 721 inspection and the City of Santa Ana Fire Department sprinkler inspection, minimizing near-term compliance and capital expenditure concerns. Combining strong in-place income, meaningful rental upside, proven expense recoveries, and a premier Orange County location, Vista Royale offers investors a compelling opportunity to acquire a high-quality multifamily asset with durable cash flow and long-term appreciation potential. The property may also be acquired together with the neighboring 45-unit apartment community plus two non-conforming units located at 502 East 6th Street, creating a rare 102-unit portfolio opportunity in one of Orange County's most desirable rental markets.

1327 N Ross, Santa Ana

$2,925,000
OC26128187 MLS Active Status
Prime Huntington Beach 5-Unit Investment Opportunity. Exceptional, low-maintenance five-unit asset located in a highly desirable Huntington Beach neighborhood, offering strong value-add potential with extensive recent capital expenditures. The property features four identical two-bedroom, two-bathroom units with mirrored floor plans, including a unique ground-level unit (Unit 2) boasting a private wrap-around patio. These four units utilize a shared community laundry room. Units 1 and 2 have just been turned over with fresh paint, new carpet, and new shower doors, and are successfully stabilized on new one-year leases. Immediate upside is available as Unit 4 is vacating at the end of June, providing an ideal opportunity to renovate and capture market rent. The fifth unit (Unit 3) is a premium owner’s suite consisting of a one-bedroom layout with a private staircase/entrance, in-closet laundry, a half-bath, a full bath, and an additional standalone shower. The asset includes a total of nine assigned parking spaces, configured as six covered carports and three open spaces, with one carport dedicated to Unit 3 and the other Units are all assigned with two parkings spaces. Investors will benefit from minimal near-term CapEx due to significant recent infrastructure upgrades. Recent IMPROVEMENTS include NEW FURNACES for Units 1, 2, 4, and 5 (January 2026), full building TERMITE REPAIRS and FUMIGATION (May 2026), and fully compliant SB721 BALCONY and WALKWAY RE-COATINGS. Additionally, NEW SIEMENS ELECTRICAL SUB-PANELS were installed for all units alongside a NEW FLAT ROOF CARRYING A 10 YEAR WARRANTY (July 2024). This is a rare, turn-key coastal opportunity perfect for a seasoned investor or an owner-user looking for a premium private unit with strong supporting rental income.

16941 Hoskins, Huntington Beach

$4,450,000
OC26128168 MLS Active Status
VERY RARE NEW GROUND UP CONSTRUCTION 4 TOWNHOME STYLE PROPERTY LOCATED ON A LARGE CORNER LOT AVAILABLE FOR SALE. EACH UNIT HAS 4 BEDROOMS AND 4 1/2 BATHS OF AT LEAST 2200SF. WITH ADDRESES 7852,7854,7856,7858 16TH STREET IS ONE OF A KIND 4 UNIT. EACH UNIT IS OVER 2200SF WITH 2 CAR ATTACHED GARAGES, SEPARATE, WATER AND UTILITIES. EACH BEDROOM HAS ITS OWN EN-SUITE BATHROOM. TOTAL OVER 8800 LIVING SF, 16 BEDROOMS EN-SUITE WITH 16 FULL BATHS AND 4 1/2 BATHS. INCREDIBLE OPPORTUNITY TO OWN THIS NEWLY BUILT GEM IN 2022. VERY RARE TO FIND ONE LIKE THIS FOR SALE IN THE LITTLE SAIGON AREA.ONLY FEW MINUTES TO BOLSA CENTRAL AREA WITH ALL SHOPPING, MARKETS,RESTAURANTS,CHURCHES,SCHOOLS. THERE IS GREAT OPPORTUNITY TO MAKE INVESTMENT. ALL UNITS HAS OWN SOLAR AND PAID FOR. ALL UNITS CURRENTLY OCCUPIED WITH EXCELLENT TENANTS. GREAT INVESTMENT AT A GREAT LOCATION AND PRICE.

7852 16th Street, Westminster

$3,995,000
OC26124924 MLS Active Status
Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.

10791 Palma Vista, Garden Grove

$8,750,000
OC26126398 MLS Active Status
The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.

119 S Fahrion Place, Anaheim

$5,150,000
OC26125729 MLS Active Status
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.

9551 9561 Maureen Drive, Garden Grove

$1,525,000
PW26125590 MLS Active Status
1110 N. East Street presents an excellent opportunity to acquire a well-maintained 5-unit apartment property in a strong Anaheim rental market. Located near Fullerton and just minutes from the Anaheim Packing District, Platinum Triangle, major employment centers, shopping, dining, and freeway access, the property offers both stability and long-term growth potential. The gated community features a central courtyard, garage parking, and on-site laundry facilities, creating an attractive living environment for tenants. With a desirable unit mix of 2 (2bd/1ba), 2 (1bd/1ba) and a studio, consistent occupancy, and strong rental demand in the area, this asset is ideal for investors seeking reliable cash flow with future upside potential.

1110 N East, Anaheim

$4,999,000
OC26125414 MLS Active Status
South Trident Apartments is a 16-unit multifamily investment opportunity comprised of two contiguous 8-unit buildings situated on a combined 18,084 square foot lot in the heart of West Anaheim. Built in 1958, the property offers a desirable unit mix of twelve one-bedroom/one-bathroom and four two-bedroom/one-bathroom units, providing a diversified income base that appeals to a broad range of renters seeking quality, affordable apartment living in one of Orange County's most sought-after submarkets. The property is a stabilized, income-producing asset with current rents at or near market rate, supported by meaningful ancillary income streams including RUBS, garage parking, laundry, and pet income — generating strong in-place cash flow from day one. With a current CAP rate of 5.23% and a path to 6.37% at market rents, South Trident Apartments offers both stability and upside in a single well-located package. Residents benefit from an exceptional amenity package that is rare for properties of this vintage and size. The property features a sparkling swimming pool, on-site laundry rooms, 16 garage parking spaces, and gated entry — all of which contribute to strong tenant retention and consistent occupancy. The mature, well-maintained landscaping and clean building exterior further enhance curb appeal and support the property's reputation as a desirable place to live. From a location standpoint, South Trident Apartments is exceptionally well-positioned. The property sits within close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott's Berry Farm, Ball Road retail corridors, and an array of daily conveniences including Ralphs, Walgreens, Bank of America, and numerous dining options. Nearby schools including Clara Barton Elementary and Gilbert High School further reinforce the property's appeal to families and long-term renters. With its stabilized income profile, desirable amenity set, proven ancillary income streams, and a prime West Anaheim location, South Trident Apartments represents a compelling acquisition for investors seeking a quality, lower-management-intensity asset with a clear path to enhanced returns as market rents continue their upward trajectory.

935 S Trident Street, Anaheim

$2,290,000
OC26119486 MLS Active Status
Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024, a new water heater installed in 2025 and new electric panels installed in all units and the laundry room to satisfy insurance in 2025. The property currently generates gross annual income of $148,380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide variety of shopping, dining, and entertainment options, as well as the 405 and 22 Freeways. Its location places residents within close proximity to major employment centers throughout Orange County, supporting continued demand for quality rental housing. From an operational standpoint, this asset benefits from a straightforward expense structure. Current operating expenses consist primarily of utilities, property taxes, insurance, landscaping, and professional management. Combined with excellent physical condition, an attractive residential setting, and a stable income stream, the property represents a turnkey investment opportunity well-suited for both private and exchange buyers seeking reliable cash flow in a high-demand Orange County rental market.

12582 Adelle Street, Garden Grove

$2,350,000
OC26120123 MLS Active Status
Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,136 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit. Each unit includes its own living room, kitchen with garage and uncovered parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property’s pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal. Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas.

601 N Pauline Street, Anaheim

$3,490,000
OC26116869 MLS Active Status
Rare pride-of-ownership 5-unit investment opportunity located in highly desirable Eastside Costa Mesa. Offered for sale for the first time in approximately 27 years, this well-maintained asset occupies an expansive approximately 15,746 square foot lot and features a unique low-density cottage-style layout with lots of attractive features and benefits. Improvements include a freestanding 2-bedroom, 1-bath residence positioned at the front of the property, along with four additional units located within two separate residential buildings at the rear. Unit mix consists of two 1-bedroom units and two 2-bedroom units. A defining characteristic of the offering is its abundance of private outdoor space. The front residence enjoys a large enclosed front yard with white picket vinyl fence and private rear yard, while each remaining unit benefits from its own yard, patio, or outdoor living area. This residential environment has contributed to strong tenant retention and consistent rental demand over many years. Residents enjoy amenities seldom found in comparable investment properties, including six enclosed garages, five equipped with automatic openers, in-unit washer and dryer hookups, and off-street parking for approximately eight vehicles. One garage is currently leased separately, generating additional monthly income. Generous parking, private outdoor areas, and thoughtful site design further enhance long-term resident appeal. From an operational standpoint, ownership benefits from a favorable utility structure. Gas and electricity are separately metered with no house gas or electric meters, helping reduce operating costs. Each residence is equipped with its own water heater, with residents responsible for individual gas consumption. Operating expenses remain straightforward and consist primarily of water, trash service, property taxes, insurance, landscaping, and professional management. Eastside Costa Mesa continues to rank among Orange County's most desirable rental markets, driven by its proximity to Newport Beach, major employment centers, premier shopping, dining, and coastal recreation. Convenient access to Newport Boulevard and the 55 Freeway further strengthens location appeal. This offering presents a rare opportunity to acquire a quality multifamily investment in one of Southern California's most sought-after rental submarkets.

131 E 21st Street, Costa Mesa

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.