Friday, August 16, 2019

Fixer Triplex San Clemente

Deals I Like:

Check out this three unit property in San Clemente minutes from the pier and beaches: Average unit size over 1,080sf, separate single car garages plus driveway parking, set up on a hill for views, extremely long term ownership, units need upgrading and this is the deal worth working on.  Low price for 3 units in San Clemente at $1,250,000. Owner-occupied financing available at low rates too.



Thursday, August 15, 2019

Santa Ana Cash Flow Apartment Building for Sale

7 Cash Flow Units in Santa Ana

Fully occupied, 13.4 GRM on existing rents - well maintained building in low-density area with well-remodeled units. Turn key operation. Ideal 1031 Tax Deferred Exchange replacement property. This is a hot deal in this market - it will not last (and I hate saying that!)  $1,595,000, 4,010 sqft, 6,500 lot size, all one bedroom & one bath units. 




Saturday, August 10, 2019

Land Development Play in Fullerton

Deals I Like:

Two triplex cottage style buildings, side by side on adjoining lots with total 18,296 lot size for sale.  Solid investment property, fully occupied, excellent condition. Great long term hold, easy management in very popular Fullerton marketplace. Eventual land development potential for townhouses or a larger apartment building. 





Thursday, August 8, 2019

Costa Mesa Turn Key Investment Duplex

Deals I Like:

Completely renovated duplex in hot west-side Costa Mesa.  Fully occupied with new leases at market rents. Side by side units with separate fenced back yards. 16x GRM - very good numbers for anything west of the 405 freeway - especially for a property in this prime condition. Offered at $1,075,000. 




Wednesday, August 7, 2019

2 units for sale Orange County - large lot - good cash flow

Deals I Like:
Fully occupied duplex with excellent parking, concrete driveways, separated units and large lot in La Habra, north Orange County. This has been a solid investment and will continue to be so. Good opportunity for an owner-user, family member or straight investment asset. Asking $655,000. Let's talk strategy on this deal!




Tuesday, August 6, 2019

Anaheim Apartment Building for Sale

Deals I like:

8 units built in 1993 with gated assigned parking underneath and in an Opportunity Zone - which gives capital gains tax breaks the longer that it is held. Possible seller financing too. Excellent value for a modern building in growing Anaheim. 

Call me for details at 415-269-6249 - this is a very good deal for this market.




Monday, August 5, 2019

Garden Grove 4 units For Sale

Deal of the Day:

4 Covington style units for sale at a very attractive price of $1.2M - a couple miles from Disneyland, next to The Outlets at Orange and near the Angels / Ducks stadiums. Excellent job center location. 

Ideal unit mix * large building * good lot size * nice street * conforming rate financing available

Call me for details - this is the deal of the week - perfect investment property or 1031 Exchange. - Mario Pinedo - Apartment Broker - 415-269-6249 - KW Commercial DRE 01118365




Friday, August 2, 2019

San Clemente Walk to Beach Iconic 8 Unit for Sale

Deals I like:
This building is an ideal family asset for long term hold and long term enjoyment



Listed currently at $4,695,000 - 8 units, 6 of which have ocean views. Excellent gated parking. Walk to the beach, pier and restaurants. This is an ideal 1031 exchange replacement property.
Call for more details.

Thursday, August 1, 2019

Tustin - Irvine Adjacent - Fourplex for Sale

Deals I Like:

Very well priced and high quality four unit building in Tustin at the border of Irvine for sale. Rents are very low. Great upside on turn overs and renovations. Ideal unit mix. Asking $1.3M  Well within the conventional loan limits for better financing. No real options to buy a building in blossoming Irvine unless you are the Irvine Company.  Irvine's jobs and new commercial construction at the District will keep pushing rents up.  Let's walk this property and see why you should own it. 





Tuesday, July 30, 2019

Build New in Established Irvine Neighborhood or Buy New



Buying new in Irvine has choices:

1. Buy New Construction in the Great Park neighborhoods
2. Buy New in Orchard Hills
3. Tear Down in an existing neighborhood like University Park & build new.

It's worth comparing.  An existing home in University Park can be purchased for $875,000 on a standard 5,000 square foot lot. Construction costs of a 3,000 square foot house could run $750k. Total is $1,625,000 approximately. End value would be close to $2M. Of course, this home would be your ideal floor plan and with your chosen finishes.

New build at Orchard Hills - Ravello in the Reserve at Orchard Hills:

Ravello homesite 39 as of today offered at $1,941,463: 3,455 square feet, 4 bed, 4.5 baths, 2 car garage - very well appointed.

If you have the luxury of time, then a conversation with a local builder would be wise. You can buy into an established neighborhood and get more value.



Tuesday, July 23, 2019

2 SFRs on one Lot in Santa Ana

Very good investment opportunity in the quickly re-gentrifying city of Santa Ana. Two small 3 bedroom, 1 bath completely detached SFRs on a large corner lot. These need some TLC, but projected GRM is close to 10x in the near future. Call me for details on this hot deal.

Monday, June 24, 2019

Coastal Orange County Duplex at Great Price!


Dana Point well priced duplex: both units 3 bedrooms and 2 baths. Low price per square foot for the area. Excellent condition. This is an ideal family user cash flow hybrid. Let's run the numbers!  $1,275,000.

I shop the market for great investment deals for my clients. Let me know what you are looking for.

Wednesday, June 19, 2019

Huntington Beach Owner-User Quality Duplex for Sale - Walk to Main Street!

Excellent owner user quality duplex for sale 1.5 miles from the beach in Huntington Beach. $1,325,000 for 3,200 square feet of a quality building is a very good buy. Let's run the numbers. This could be a great cash flow asset and a family user benefit.

I tract every multi-family deal in OC. Let me show you what is best.

Wednesday, June 5, 2019

Tustin Office Condo for Sale

If you are looking to own your own office space in Orange County, then this listing is perfect for you:
1,718 square feet with 4 private offices, a conference room, staff area, lobby, storage and private bathroom on the second floor in Tustin, just steps to Irvine and the rest of OC. Priced at $449,000, it is a very good value and an ideal way to stop paying your landlord every month!
Consider SBA financing with 10% down payment or very aggressive conventional financing with far fewer fees. I have an excellent commercial loan officer recommendation if you need.



Tuesday, March 27, 2018

Commercial real estate leasing in Orange County, CA


Let me know if we can help you find space for your business. In this case, we are leasing 2,000 sf of retail space for our clients in Laguna Hills.

Thursday, January 25, 2018

Santa Ana fixer rental investment property for sale


Not for the faint of heart: These two buildings on one lot require much attention and patience, but the deal looks good. $410,000 asking price for a 1920's SFR 3 bed 1 bath with some architectural style. The house needs a dramatic overhaul - down to the studs - as per listing agent. The commercial building which was most recently an operating grandfathered restaurant cannot be a restaurant going forward as per the City. Potential uses would be a second residential unit or office space. Both would have to be approved by the City.  I expect rents for a renovated 3 bed, 2 bath house (yes adding a 2nd bathroom) are $2500 easy in that area. Turn the BBQ Pit into a 1 bedroom apartment and rents should be $1300. Overall deal including renovations $550,000 with $45,600 in rents is a 12 GRM in a market of 16-18 GRMs on existing duplexes.

Tuesday, January 23, 2018

Santa Ana SFR for Investment


This deal looks good. 10 blocks away from the renovating downtown. 4 bedroom, 2 bath house with potential rents of $2500+. Over 1,500 square feet on over 6,000 sf lot. Asking $450,000. Potential 4.88 cap rate on easily achievable rents with some rehab. Call me for details on this hot listing at 415-269-6249.

Investment Property Loans

One of the lenders that I work with for Non-Owner Occupied rental property loans offers these unique loan aspects on 1-4 units:

1. No prepayment penalties
2. Up to 5 properties loaned on by the bank
3. Borrower can have up to 15 residential loans (commercial loans not counted)
4. Cash out loans up to 10 financed properties
5. Can use rental income for subject property with no history of managing a rental
6. Interest only payments
7. Investment property loans up to $2,500,000
8. Recoup funds from all-cash purchases as Rate & Term refinance up to 6 months
9. Full documentation & Alternative doc loans to qualify

Let me know if you are looking for new or refinance loans for your rental properties. I have great sources for best rate or alternative financing options as needed.

Monday, January 22, 2018

Huntington Beach 3 unit apartment building for sale


This is a very well located, well-constructed property perfect for an owner-occupied user or a straight high quality investment. Good unit mix of a 3 bed in the front and two townhouse style 2 bedroom units in the back. Garage parking and decent open space parking. The quiet street in the front provides excellent parking too. This property needs some work to bring it to market rate rents, but the structural bones are there.
I would clean up the over grown bushes and trees, paint the building and replace the single pane windows to start. Let me know if you want to see this deal or others in Orange County.

San Bernardino 5 units apartment building with great cash flow for sale


Very well priced 5 unit property for sale on very nice street in San Bernardino. 10.5 GRM on existing rents! Garage parking for most units. Low density street and property. 10,000 sf lot. Asking $550k. Let's go see this property today.