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This is an exceptionally rare opportunity to own a midsize apartment complex in San Clemente. There are approximately 8 buildings in all of San Clemente between 20-30 units and they rarely come available for purchase. This building has been owned and operated by the current ownership since 1987, when the property was built. Over half of the units receive ocean views and its proximity to San Clemente State Beach makes this location a highly desirable rental spot. The current rent levels are estimated to be 25-35% below market rents depending on the amount of improvements someone intends to perform. Through upgrades to the interiors as well as cosmetic improvements to the exterior, an investor can realize significantly higher rent levels which will increase the cash flow and substantially improve the value of the property. The increase in equity will far outpace the cost to achieve the higher income. 
 
 *Ocean View, 1987 Construction Apartment Units, *First Time on Market-Original Owner, *Majority 2 & 3 Bedroom Units, *Incredible Location near San Clemente State beach & Calafia park, *Over 2:1 Parking Ratio; *Garages & Carports, *Massive Upside in Rents
#PW18184224

San Clemente

3206 Avenida Del Presidente

None Beds

None Baths

N/A

$8,800,000

MLS#: PW18184224

Welcome to the crown jewel nestled atop Legacy Ridge, a modern masterpiece in this private enclave of VIEW homes.This exquisite home boasts an impressive 7174 sq. ft. of unparalleled luxury & comfort with its meticulous design and attention to detail, all on a sprawling 2.8 Acre lot. Step inside to discover a breath-taking, recent remodel that’s transformed this residence into a turn-key, essentially new home. Kitchen features custom rift oak cabinets, natural quartzite slabs, SS appliances & a hidden pantry room. An open floor plan & soaring ceilings create a seamless flow, with bi-fold walls of glass that open to serene views & western sunsets, creating the perfect setting for both entertaining and everyday living. Mesmerizing 360-degree views of the surrounding mountains & panoramic vistas showcase the sunrise to the east. Entertain w/a temp-controlled wine room, media room, great room/game room & music room. Wake up daily to the ever-changing seasonal views. Outdoors, beautifully landscaped grounds offer a private oasis for relaxation & recreation w/pool, spa, multiple patios w/firepit, BBQ area, play area, bocce ball, viewing deck & Heritage Oak trees is perfect for enjoying the California sunshine. Come experience luxury living at its finest. Custom garage with lifts. Views: Ridge
#41056967

Alamo

447 Legacy Dr

5 Beds

5 Baths

7,174 Sq.Ft.

$8,800,000

MLS#: 41056967

In the exclusive guard gated Ridgeview Estates, sits an entertainer's delight. On nearly 2 acres, w/ an oversized tennis court, relaxing pool area, built in firepit & bbq, & an expansive grassy yard, one will never want to leave! W/ 6 beds & 8 baths, this 3 level masterpiece provides a retreat. You'll appreciate the voluminous ceiling heights & views looking out to the envious backyard. W/ large dining rm, generous living & adjoining family rms leading out to the yard, there's an easy entertaining flow. 2nd floor has 4 en suite beds, w/ individual private balconies extending along the entire back, overlooking majestic mountain views. Entire 3rd fl is an open bonus rm w/ additional 1700 sqft of storage (nic in sqft). W/ pool, tennis court, bar, lounging & rec areas, ocean & mountain views, there's no need to leave this private sanctuary. Imagine having your children's birthday parties, weddings or large parties in this private, park-like setting. This amazing estate is truly special.
#20548748

Pacific Palisades

1458 BIENVENEDA Avenue

6 Beds

4 Baths

9,145 Sq.Ft.

$8,800,000

MLS#: 20548748

New Price! Incredible value for this Hollywood Hills Estate on 1.8 usable acres with city views. Iconic 1940's Moderne by C. Raimond Johnson AIAFirst time on the market in 25 years. this rare and unique Mansion was built in 1941 with a vision of design rarely seen today. Gated community affords seclusion, yet moments from major destinations of the city. Large motor court, 2 story entry with unique curved wood and glass staircase. Walls of glass looking out to city views and lush landscaped grounds with resort sized pooll A true one of a kind opportunity!
#18400984

Los Angeles

2000 LA BREA Terrace

5 Beds

7 Baths

8,500 Sq.Ft.

$8,800,000

MLS#: 18400984

TRULY A GRAND ESTATE IN A PRIME LOCATION WITH 7BR/7BA PLUS 2 HALF BA'S INCLUDING A 1BR/1BA IN-LAW. THERE IS A LARGE LIVING ROOM WITH A TERRACE THAT OVERLOOKS THE FRONT GARDEN, A GRAND FAMILY ROOM AND A ELEGANT FORMAL DINING ROOM WITH BUTLER'S PANTRY & WINE COOLER, GOURMET KITCHEN WITH LARGE CENTER ISLAND WITH BREAKFAST NOOK AND MARBLE COUNTER TOPS, LUXURIOUS MASTER SUITE ON THE MAIN LEVEL WITH WITH WALK=IN DRESSING ROOM AND TWO MASTER BATHS ALONG WITH A SPACIOUS LIBRARY, UPPER LEVEL HAS 5 SPACIOUS BEDROOMS WITH UPDATED BATHS, BONUS ROOM AND SITTING AREAS, SPARKLING POOL IN A SPECTACULAR BACKYARD, IN-LAW UNIT HAS A KITCHENETTE WITH PREMIUM APPLIANCES, AND A 3 CAR ATTACHED GARAGE. MANY MORE FEATURES IN ADDITION, MUST BE SEEN TO BE BELIEVED!
#ML81656322

Hillsborough

820 Hillsborough Boulevard

7 Beds

7 Baths

8,975 Sq.Ft.

$8,800,000

MLS#: ML81656322

Perched at one of the highest elevations in Irvine’s prestigious guard-gated community of Summit at Turtle Ridge, this exceptional 5,639 sq ft luxury estate offers unobstructed panoramic views of the ocean, Catalina Island, surrounding mountains, and city lights. Situated on a private, single-loaded street, the home welcomes you with a romantic breezeway and a grand courtyard featuring an outdoor fireplace. Inside, an open-concept layout showcases soaring vaulted ceilings, a main-floor primary suite, and a gourmet kitchen with an oversized island, perfect for entertaining. A private second-floor guest quarters with a separate entrance and kitchenette offers ideal accommodations for visitors or multi-generational living. The beautifully designed backyard includes a built-in BBQ, tranquil water feature, and space ready for a custom pool. No expense was spared on upgrades, which include a 10-camera security system, 78-point alarm system, whole-house audio, Control4 automated lighting, solar panels, custom closets, a home theater, hand-selected stone, and luxury designer finishes throughout. Residents enjoy resort-style community amenities and convenient access to top private schools, UC Irvine, and award-winning public schools such as University High and Vista Verde.
#OC25100194

Irvine

59 Grandview

6 Beds

6 Baths

5,639 Sq.Ft.

$8,800,000

MLS#: OC25100194

Exquisite Beverly Hills Estate. Discover unparalleled luxury in this stunning Beverly Hills property. This fully furnished home has 6 spacious bedrooms, 5 elegantly designed bathrooms, and spanning an impressive 6,244 square feet, this home is a masterpiece of modern living, nestled amongst the clouds, the property offers a perfect blend of serene privacy and breathtaking panoramic views. From every angle, floor-to-ceiling windows frame the cityscape, bathing the interior with natural light and showcasing the serene landscape. The outdoor space is equally captivating, featuring a spectacular pool that appears to float above the horizon—ideal for entertaining or relaxing while enjoying the awe-inspiring vistas. Set in an exclusive neighborhood with celebrity neighbors, this home offers an unmatched location that combines prestige and tranquility. Whether you're hosting lavish gatherings or seeking a peaceful retreat, this property delivers on every level. Make this iconic residence your sanctuary in the heart of Beverly Hills.
#SR25117583

Beverly Hills

9716 Oak Pass Road

6 Beds

3 Baths

6,244 Sq.Ft.

$8,800,000

MLS#: SR25117583

Oceanfront paradise awaits beyond the private gate to an oasis on the sand! This exquisite property located in the coveted Rio Del Mar beach community offers immediate beach access from the home. Imagine waking up each morning to the symphony of ocean waves and panoramic views stretching from Santa Cruz to Monterey. Built in 2009, this modern gem isn't just a home; it's a sanctuary where every day is an invitation to indulge in beachside bliss. The main living area on the second-floor features 2,192+/- sq. ft. w/4 BR, 3 BA & a great room which flows out to a spacious 630+/- sq. ft. deck for easy entertainment. The first-floor entryway leads to a spacious bonus room offering an additional 1,000+ sq. ft. of versatile space w/an extra storage room for beach toys, an elevator, plus 2 separate garages & parking for 10+/- cars. The home offers an excellent floor plan w/superb separation of space both indoors & out. The lower deck off the bonus room is just steps to the sand w/ outdoor shower perfect soaking in the spectacular views. The home features radiant heating and cozy wood-burning fireplace. This spectacular home is conveniently located near amenities state beaches, Nisene Marks State Park, Seascape Golf Club. Shopping and dining options abound! Welcome to your coastal paradise!
#ML82002180

Aptos

618 Beach Drive

4 Beds

3 Baths

2,192 Sq.Ft.

$8,800,000

MLS#: ML82002180

One of the best locations in Pasadena (south of Cordova St and north of Del Mar Blvd); Strategically located only a block south of Pasadena Playhouse District, several blocks South of OLD TOWN PASADENA, and within walking distance to Pasadena Convention Center and Lake Ave shopping district – including recently opened Erewhon market on Lake Ave, this community offers superb location and amenities to tenants. Walk Score 89, Bike Score 82. The property is a two-story garden style apartment that has been extensively remodeled. The current owner did not take any shortcut in completing major capital improvements such as brand-new roof (2022), parking soft story retrofit, new asphalt driveway, fully upgraded 14 units with high-end upgrades and brand-new plumbing, brand new landscaping, new exterior paint, updated gate, new high-end Butterfly entry system (intercom + camera for package delivery), new mailboxes, new hand railing system, new irrigation system and other significant improvements. With the major capital improvements completed, this offering provides plug-and-play easy to manage apartment in an amazing location. The property was built in 1951 with a center courtyard layout and spacious units. It has a large living space of ±17,570 SF (per assessor) and sits on a large ±19,986 HIGH Density R4/RM-48 lot. Due to its high-density zoning, by law the lot can support up to 22 units before any bonus density which translates to prospective junior ADU in the future. It offers a good unit mix of eighteen (18) large 1bedroom+1bathroom, and three (3) spacious studio units. Fourteen out of 21 units have been fully upgraded. Fourteen units were upgraded high end finishes such as: brand new plumbing in the unit, wide plank flooring, smooth ceiling, recessed lighting, brand new kitchen with quartz countertops and modern cabinetry, stainless steel appliances, brand new bathroom with glass sliding doors, stacked-up laundry machine, and mini-split A/C system. Each unit has an individual water heater and separately metered for electricity and gas. There is an in-place RUBS system for new leases. Parking is provided via a combination of tuck-under parking and a detached carport. There is a total of 21 spaces providing 1 parking per unit. There is an additional shared laundry room for the community, and a storage room for the owner.
#AR25053688

Pasadena

239 S Madison Avenue

None Beds

None Baths

N/A

$8,800,000

MLS#: AR25053688

A Hollywood legacy reimagined and steeped in history yet infused with modern luxury, this iconic gated estate, once the residence of legendary filmmaker Preston Sturges, is a masterpiece of design and refinement. Nestled at the base of Runyon Canyon, this private sanctuary spans approximately 7,000 square feet, surrounded by lush hedges and a serene front garden with a reflecting fountain. Step inside and be transported an extraordinary 1,800-square-foot grand room anchors the home, featuring an original antique copper-topped bar, a stately fireplace, and soaring ceilings that evoke the glamour of Hollywood's golden age. The formal dining room sets the stage for unforgettable gatherings, while the chef's kitchen, outfitted with a La Cornue range, invites culinary artistry. A distinguished gentleman's roomwhispered to be the site of Charlie Chaplin's first wedding adds to the home's storied past. Upstairs, the primary suite is a retreat of elegance, complete with a fireplace, spa-like ensuite, and French doors leading to a private rooftop terrace with breathtaking city views. Three additional en-suite guest bedrooms offer private patios, blending comfort with sophistication. An approximately 1,200-square-foot guesthouse with a full kitchen, dining area, laundry, private patio, indoor sauna, and cold plunge completes this rare offering an estate that embodies timeless elegance, rich heritage, and the ultimate in Hollywood living.
#25493819

Los Angeles

7420 Franklin Avenue

5 Beds

5 Baths

7,200 Sq.Ft.

$8,800,000

MLS#: 25493819

Welcome to 2316 Cliff Drive, an extraordinary home in the making, currently undergoing a remarkable transformation. Property is in the development process and priced for the finished product. This sought-after property with breathtaking ocean views, 7 bedrooms, 6 bathrooms, a chef's kitchen, and a stunning rooftop patio is the epitome of coastal luxury. Its open design floods the interior with natural light, seamlessly merging indoor and outdoor living. Located within walking distance to top-rated schools, parks, restaurants, and the beach. This is your opportunity to own an entertainer's dream and coastal masterpiece.
#OC23162193

Newport Beach

2316 Cliff Drive

7 Beds

6 Baths

5,500 Sq.Ft.

$8,800,000

MLS#: OC23162193

Beautifully remodeled contemporary Mediterranean home located in Brentwood with extraordinary unobstructed views of the Pacific Ocean, city lights, canyon, and the Getty Museum. The entryway makes a bold statement with vaulted ceilings, intricately scrolled ironwork, and stark white walls masterfully contrasted by dark wood inlaid floors. A state-of-the-art kitchen features a 6-burner gas stove, double wall ovens, dual full-size refrigerator/freezer, a warming drawer, and a separate vegetable sink. Enjoy the abundance of natural light that flows in from a myriad of windows and French doors. The lower level has a great room with a wine cellar which makes a perfect game room or can be transformed into a theater. Lush grounds with a flat yard, pool, spa, large fire-pit, built-in BBQ, open and covered patios, and expansive views complete this incredible offering.
#25541179

Los Angeles

930 N Tigertail Road

6 Beds

7 Baths

8,500 Sq.Ft.

$8,800,000

MLS#: 25541179

We are pleased to present the opportunity to acquire 14960 Clark Avenue, a 25-unit, non-rent controlled apartment community locatedin the city of Hacienda Heights. Built in 2004 and professionally managed, the property is well maintained with an excellent unit-mix.The subject property offers residents luxury finishes with tasteful modern appointments. The improvements feature secured covered (select units)onsite parking, on-site laundry, and central air-conditioning. The property consists of one 2BR/1BA (two-bedroom/one-bathroom) unit, 10 3BR/1BA (threebedroom/one-bathroom) units and 14 3BR/2BA (three-bedroom/two-bathroom) units. Residents benefit by being adjacent to City of Industry which is in the forefront of Southern California's growing industrial development with a large daily workforce while still being located in Hacienda Heights which is a family community with homes nestled in the foothills.
#17285554

Hacienda Heights

14960 CLARK Avenue

None Beds

None Baths

N/A

$8,800,000

MLS#: 17285554

Uber charming 2sty traditional facade integrates seamlessly with dramatic redone modern interiors inside of this redone gem. Spacious sunlit rooms with beams, dark wood/polished concrete floors, and walls of glass feature an open flow for intense entertaining. Great room design affords casual areas for lounging or dining and leads to the lush resort-style grounds with lawns, mature foliage, amazing pool/spa with Baja shelf, decking, and BBQ center. Newer cook's kitchen with top stainless appliances along with endless storage and prep space. Baronial formal dining room/living room with beamed ceiling. Separate quaint front office/study downstairs with fireplace. 3 bedrooms upstairs including a mammoth owner's suite with luxurious newer bathroom and huge walk-in closet. Generous guest suite downstairs. Sited on one of the westend Flats' most coveted roads and moments to the best of Beverly Hills and the Westside, this is the perfect place to call "home".
#23242573

Beverly Hills

608 N Linden Drive

4 Beds

3 Baths

4,489 Sq.Ft.

$8,800,000

MLS#: 23242573

The property at 420-426 S Real Road, Bakersfield, CA 93309, offers a thoughtfully upgraded living experience with over $500,000 in capital improvements. Renovations across 61 units and the addition of a new retaining wall have enhanced both the comfort and appeal of the community. These upgrades create a modern and inviting atmosphere for residents while increasing the property’s value and rental potential. Located in a well-connected neighborhood, residents enjoy easy access to major highways, public transportation, schools, parks, shopping, and dining options. With its recent enhancements and prime location, this property provides a great opportunity for comfortable living and long-term value.
#IV25046270

Bakersfield

420 S Real Road

None Beds

None Baths

N/A

$8,800,000

MLS#: IV25046270

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