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Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, 5 bedroom, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes five spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The first floor Family/Game room with bedroom, full bathroom, laundry and kitchenette is designed (per current design code) to easily be converted to an ADU (after future City approval). It offers its own entry and patio, perfect for extended family or rental income if preferred. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 3477sq. ft. in the main house including 533 sq. ft. in the Family/Game room area, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean views, while the third level features an expansive 852 sq. ft. roof deck. This incredible outdoor space includes a powder room, appliances, BBQ, fire pit, and is designed for a hot tub, making it the perfect spot for entertaining or relaxing while enjoying the ocean views. The Peninsula is a scenic three-mile stretch with the harbor on one side and sandy beaches on the other. The area is primarily residential with some commercial areas, offering a mix of waterfront restaurants, local surf shops, and some of the best nightlife in Newport Beach. The permits are ready, and the property is set to move forward with construction.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 7602374092...

We are pleased to present 11314 Martha St, a brand-new construction, NON-RENT-CONTROLLED, five-unit luxury townhome complex LOCATED in the highly desirable NoHo Arts District. Fully leased and OPERATING AT A TURNKEY 6% CAP rate, this stabilized asset delivers a reliable, government-backed annual income of $307,428. The property is 100% OCCUPIED by familiesa demographic historically known for lower turnoverwith over 88% of current rents securely backed by Section 8.Situated on a large 7,252 SF lot, the property consists of three separate, contemporary buildings offering 8,117 SF of premium living space. This offering CONTAINS an incredible unit mix of two 5-bedroom/5-bathroom townhomes, two 4-bedroom/4-bathroom townhomes, and one 3-bedroom/3-bathroom ADU, totaling 21 bedrooms. Each three-story residence features highly functional layouts, contemporary architecture, and high-end designer finishes. Units are equipped with private in-unit washers and dryers, modern kitchens with custom cabinetry and STAINLESS STEEL appliances, stylish bathroom tile, and private balconies.Designed for LOW MAINTENANCE and high efficiency, the property features owned solar panels. All utilities are SEPARATELY METERED and tenant-paid, keeping owner expenses exceptionally low and maximizing your Net Operating Income (NOI). The NoHo Arts District's central location and proximity to major entertainment and job hubs ensure an unrelenting rental demand and investor stability for years to come.MAJOR VALUE-ADD OPPORTUNITY: This property offers incredible upside potential. Because of the expansive lot size and existing layout, the property provides ample room to convert one garage into two studio units and build two ADDITIONAL detached 1-bedroom ADUs. Adding these four extra units and leasing them through Section 8 is a straightforward way to drastically increase monthly rental income and the overall value of the building.This is a rare opportunity to ACQUIRE a pristine, cash-flowing asset with immediate government-backed stability and massive future growth potential.BUYER TO VERIFY ALL INFORMATION.

Nestled in the Foothills of La Crescenta, this newly completed French Modern estate offers refined elegance, privacy, and luxury living at its finest. Behind a private gate, you’ll discover serene grounds surrounded by mature fruit trees and tranquil landscaping. The main residence spans approximately 5,000 square feet with an open floor plan designed for both comfort and sophistication. Inside, Italian flooring flows throughout, leading you into a stunning chef’s kitchen featuring a La Cornue built-in range, quartz countertops, and an expansive kitchen island perfect for entertaining. With 6 bedrooms and 5 bathrooms, every detail has been thoughtfully crafted, from the custom finishes to the seamless indoor-outdoor living experience. Completed in 2023, this home exemplifies quality craftsmanship and modern elegance—every inch, from the interior design to the professionally landscaped grounds, reflects meticulous attention to detail. Adding to the appeal is a detached guest house offering 1,220 square feet of stylish living space, complete with 2 bedrooms and 2 bathrooms, its own address, and separate utilities—ideal for extended family, guests, or rental opportunities. Located within the award-winning La Crescenta Blue Ribbon school district, this exceptional property blends timeless European charm with modern California living.

Rare to find Mission Hills lot with view of San Francisco Bay, City lights and Hills. Top rated Mission School district schools. Has HOA and CC&Rs. Build up to 10,000 sq.ft home. Buyer to cooperate with Sellers 1031 exchange at no cost to buyer. Lot development guidelines in P-90-17 doc (see Disclosures). This is lot# 8. Buyer is responsible for all inspections, verification and/or check with City for all their development needs up to their complete satisfaction. HOA is $61/month. Agent is related to Seller.

Welcome to this stunning 4-bedroom, 4.5-bath residence offering a beautifully designed living space in the heart of Westchester. With its spacious layout and thoughtfully appointed details, this home blends modern comfort with timeless style. Inside, a spacious great room with stacking doors that lead to the back yard, are filled with natural light and refined finishes throughout each corner of the room. The chef's kitchen is equipped with Wolf & Subzero appliances and designed for both everyday living and grand entertaining, flowing effortlessly into dining room and den area, perfect for gathering with family and friends. Enjoy an attached ADU with a private living space, kitchenette, and a bedroom with an ensuite. The second floor has a loft, two bedrooms with great closet space, a laundry, and a laundry room. The grand suite has a gas fireplace, and a grand bath with a free-standing tub, a dual-sink vanity, walk-in shower, and dreamy walk-in closet. Unlock the advantages of buying a work-in progress home built by Thomas James Homes. Learn about the preferred pricing plan, personalized design options, guaranteed completion date and more. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel. Completion dates are subject to final permits being received. Home, pricing, and community information is subject to change, on homes prior to sale, at any time without notice or obligation. Square footages and dimensions are approximate and may vary in construction and depending on the standard of measurement used, engineering and municipal requirements, or other site-specific conditions. The square footage listed for this property is an approximation and Seller and Seller's Broker/Agent do not guarantee the accuracy of this information. If square footage is material to Buyer's purchasing decision, Buyer is advised to independently verify the square footage, lot size, and all other property dimensions during the buyer's investigation period and rely solely on their own investigations and those of professionals retained by Buyer. Imagery is representational and does not depict specific details. All information subject to change. No representations or warranties, express or implied, are made by Seller regarding square footage. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

Two contiguous lots totaling ~67,725 SF of land with frontage along Vineyard Avenue. Located near recent industrial developments, positioning the site for future growth with access to major freeways.

The property consists of a 5,387 SF building situated on a 7,501 SF lot, built in 1960. The property consisting o two buildings with (2) 2-bed/1-bath and (5) 1-bed/1-bath units. Units A, B and D are currently being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.

Prime commercial opportunity on a 15,682 sq. ft. parcel in an outstanding location. The existing structure is approximately 1,600 sq. ft. and the site formerly operated as a service station. Underground tanks and impacted soil were removed and remediated, and Phase I & Phase II environmental assessments were completed at that time. This trophy property has seen concept plans over the years for a hotel, a new service station, and other potential uses, offering a compelling canvas for future development. In the meantime, the property generates strong rental income from six (6) different businesses, including a catering truck. Collect income while you plan your next project! Excellent upside and long-term potential.