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Yucca Valley

57980 Twentynine Palms

None Beds

None Baths

104,442 Sq.Ft.

$5,700,000

MLS#: DW25125650

Santa Monica

439 21st Street

None Beds

None Baths

0.2052 acres

$5,700,000

MLS#: 25511701

North Laguna | Emerald Terrace Gem - When location, view orientation, layout, build quality and finish are all of the highest importance, we present 1680 Louise Street, a welcomed remedy for those not interested in compromising. Ideally resting on a peaceful non-feeder street, this thoughtfully designed and exquisitely rebuilt (2017), 4 bed, 4 bath home is just a short stroll to your choice of Laguna's pristine bays and coves. While known for premier beaches, the community of North Laguna is also highly sought after for the ability to be in the Village in seconds, while avoiding the downtown traffic when going north to Newport, shopping, airport etc., affording a significant lifestyle advantage. But perhaps the best feature of this specific location is the view orientation, perfectly positioned for stunning sunsets throughout the year, breathtaking views of the sparkling blue Pacific and Catalina Island. To get such views on a large and level lot is extremely rare and truly affords the best of both worlds. Experience the luxury of an expansive, sprawling, open level floor plan with both spacious front and back lush garden patios. At the touch of a button, automated doors disappear into the wall, effortlessly creating a seamless indoor/outdoor experience, perfect for entertaining or just enjoying the tranquility of relaxed, grounded living with total privacy. Mature landscaping and the beneficial arch of the street, with nearly 90 feet of gently curving frontage, work in concert to produce privacy on both the front deck/ patio in addition to the backyard. This North Laguna Masterpiece checks all the boxes, including the finest materials throughout, gourmet kitchen w/ walk in pantry, outdoor fireplace feature, built in BBQ island complete with sink, large walk-in closet, soaking tub, both upper and lower primary bedrooms w/ double sinks, built-in speakers throughout, substantial storage, generously fruit bearing citrus trees, city light views, ample parking and total backyard privacy. However, neither words nor images can adequately convey the peaceful serenity and ease of living this gorgeously appointed and gracefully designed home provides. One simply must tour this special property to fully appreciate what years of thoughtful planning and design have created.

Laguna Beach

1680 Louise Street

4 Beds

4 Baths

3,197 Sq.Ft.

$5,700,000

MLS#: OC24159078

An epic opportunity awaits to own five magnificent, buildable oceanfront acres on Abalone Cove. Just north of Rocky Point on stunning Highway 1, this well-built, custom 3 bedroom, 3.5 bath single level home has great potential to improve and make your own. Secluded and private, this is a remarkable value and one of the finest properties along the coast.

Monterey

35838 Highway 1

3 Beds

3 Baths

3,115 Sq.Ft.

$5,700,000

MLS#: ML81811509

*CALL FOR OFFERS ON MARCH 28th*

We are pleased to present the Westgate Apartments, a pride of ownership 31-unit asset in the highly desirable market of Simi Valley. The property is currently being operated as a 55+ community, but all covenants have expired and a new owner may choose to operate it with traditional tenants moving forward. The current 31 units on site are operating 88% below market rate. The property is also eligible for SB1211 allowing 8 detached ADU's on the property and 1 attached ADU for a total of 9 new 2 bed + 2 bath units, which would increase the gross income upside 167%. It is very rare to find a 1980's vintage asset at only $183k/unit. With the current in place rents the cap rate increases to a 8.1% after factoring in 1M in build costs for the 9 ADU's. Once all units are rented at market and ADU's are built, assuming a cost to renovate and build of $2.1; the property will operate at 10.56% cap rate and a 7 GRM. The property is fixed with common area amenities including a rec room as well as outdoor areas for grilling and socializing. 1850 Williams St is located in the heart of Simi Valley - just minutes away from restaurants, retail and supermarkets. This deal is perfect for investors looking for value-add, pride of ownership assets in a good neighborhood.

Simi Valley

1850 Williams Street

None Beds

None Baths

15,869 Sq.Ft.

$5,700,000

MLS#: SB25054169

Price reduced

#PW25185411

Desert Hot Springs

65253 San Jacinto Lane

None Beds

None Baths

20,160 Sq.Ft.

$5,700,000

MLS#: PW25185411

La Jolla

1624 Torrey Pines Rd

5 Beds

5 Baths

3,500 Sq.Ft.

$5,700,000

MLS#: 250029326SD

This is your opportunity to own a 6 unit trophy income property with a great unit mix, ocean views, and an unbeatable location in the heart of Hermosa Beach, steps to the pier and Pier Plaza, The Strand, and all of the shops and restaurants downtown Hermosa Beach has to offer! This primely located 6 unit building has an extremely favorable unit mix consisting of one 3 Bedroom/2 bathroom unit, one 2 bedroom/2 bathroom unit, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units. All units are in good condition, and come with great balconies where tenants can enjoy outdoor living, picture perfect ocean views, people watching, and the great beachside weather. In addition, there is a huge rooftop, complete with stair access, that comes with amazing unobstructed panoramic ocean views, which could perhaps be utilized as a great common area outdoor space for the tenants. (check with the City) There are also four 1-car garages, and one two-car garage on the property, and all of them are fully enclosed with automatic roll up doors making them perfect for parking or storage. The 4,949 square foot building sits on a large 4,018 square foot lot that is 40' x 100', and runs from Hermosa Avenue all the way to Palm Drive. With its unbeatable location, and great features, this building's apartments are always in very high demand, and rent at a premium. This building is great as it is, but it has a tremendous amount of upside in both rent increases in its current state, as well as with building improvements/value add projects. You can really maximize this building's cash flow, as well as its equity position and market value. Properties like these don't come around very often, so don't miss out. This is your chance to own a trophy investment property, with a ton of upside, a great unit mix, an unbeatable location, and spectacular ocean views!

Hermosa Beach

1434 Hermosa Avenue

None Beds

None Baths

4,949 Sq.Ft.

$5,700,000

MLS#: OC25232552

Carlsbad

3130 Madison Street

None Beds

None Baths

13,979 Sq.Ft.

$5,700,000

MLS#: NDP2201798

Hillsborough

1033 Jackling Drive

4 Beds

3 Baths

3,130 Sq.Ft.

$5,700,000

MLS#: ML81967953

Hillsborough

1898 Floribunda Avenue

4 Beds

2 Baths

3,010 Sq.Ft.

$5,700,000

MLS#: ML81955509

San Pablo

None

None Beds

None Baths

20,828 Sq.Ft.

$5,700,000

MLS#: ML81717700

Santa Cruz

4360 Opal Cliff Drive

3 Beds

2 Baths

2,427 Sq.Ft.

$5,700,000

MLS#: ML81952349

Carmel

29705 Peter Pan Road

5 Beds

5 Baths

4,010 Sq.Ft.

$5,700,000

MLS#: ML81937004

Pebble Beach

1182 Dunes Road

None Beds

None Baths

0.82 acres

$5,700,000

MLS#: ML81976471

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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