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A completely unique opportunity unlike anything else in The Preserve. Nestled in the mature oaks of the Santa Lucia Preserve on 16.6 acres adjacent to a scenic fishing pond awaits a magical compound of 3 individual homes centered around a large circular courtyard with a stone masonry fireplace. In addition to the stunning family compound, the property includes the rare ability to expand with future structures. This finely curated work of art evokes feelings of the original Bohemian settlers of Carmel-By-The-Sea. The Cabin, the Bungalow, and the Lodge are surrounded by stunning views in every direction, each featuring multiple bedrooms, bathrooms and privacy. The structures' reclaimed timber and stone frame the magnificent windows gazing out at the oak studded landscape. This gorgeous mountain view compound is closely located to the Hacienda, fitness and pool facilities, as well as golf and dining amenities. With 6 bedrooms, 4 bathrooms, and 4,437 sqft of living space with opportunities to add additional structures, this is the ideal multi-generational compound. Relax and drift out in your boat over the pond with rod in hand, the ever-biting bass and catfish await you. This property's exclusive "retreat lifestyle" is truly a rare gem in the sunny Santa Lucia mountains.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 760-840-2300...

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 760-840-2300...

311 W. Wilson St is a 14-unit multifamily investment property located in the desirable coastal community of Costa Mesa, CA. The property features an excellent mix of 50% - 2 bed/ 1 bath and 50% - 1 bed / 1 bath units with the upstairs units featuring vaulted ceilings and large semi-private front balconies, and downstairs units feature large semi-private front patios. 311 W Wilson provides a prospective buyer the opportunity to assume an attractive 4% loan in the amount of $2,850,000 with interest only payments available until September 1st 2025, with fully amortizing 4% payments until September 1st 2027. Potential investors will also benefit from extensive exterior and interior renovations recently completed. Building renovations include all new electrical sub and main panels, copper plumbing, stucco and paint, brand new carport and garage roofs, dual paned vinyl windows(majority), rain gutters and french drains, and a refurbished main building roof. Remodeled interiors featuring quartz counter tops, new stainless-steel appliances, engineered wood flooring and tile, canned lighting, ceiling fans, and cabinetry in the bathrooms. Costa Mesa is one of the strongest performing rental markets in Orange County, with tenants benefiting from the close proximity to the beach (3 Mi), and the robust shopping and entertainment that the Costa Mesa and Newport Beach communities offer such as South Coast Plaza, Fashion Island, the Balboa Peninsula, Triangle Square, Orange Coast College, and the OC Fair & Event Center. The city of Costa Mesa’s ADU Ordinance meets the minimum state requirements. For more information, a buyer is to confirm with the city of Costa Mesa Planning Division.

Are you looking for a high-yield, cash-flowing opportunity? Proforma net operating income would offer a 7.6% cap rate at the purchase price of $5,700,000. This innovative co-living property is designed for maximum rental income and strong returns. This project has gone through several years of planning, approvals, and construction and is finally near completion! Each of the units is designed for high occupancy, on a rent-by-the-room basis. There are 6 five bedroom units and 2 six bedroom units for a total of 42 bedrooms! The individual rooms have smart locks with combo codes to allow for individual living arrangements. There are shared bathrooms and a kitchen for a communal, dorm-style living experience. This is the way to optimize your rental rate on a square footage basis. Developer's projected monthly income is $48,500, which would yield $582,000 gross per year! Property is located in an "Opportunity Zone" that offer strategic tax advantages to developers and investors, minimizing capital gains taxes. If you are seeking a value-add opportunity and an investment project that will set you up with passive income upon completion, this is it! Conveniently located near Hancock College and Vandenberg Space Force Base. The local universities provide not only a pipeline of well educated employees for local employers but also a source of inelastic demand for local apartments. The area is also located along historic Route 101 and perfectly located between San Luis Obispo and Santa Barbara. It offers the best of Central Coast living with its beautiful weather, friendly community, and endless opportunities for outdoor adventure. Enjoy stunning beaches, world-class wineries, excellent colleges and a thriving local economy. Shown by appointment only.

We are pleased to present this charming Southwest Bakersfield apartment complex!! This 34-unit apartment complex is perfectly situated in the highly desirable Southwest Bakersfield with current gross rents at over $560,000 a year. This property also comes with approved plans to add 2 additional ADU units with a completely redone exterior do not miss out. The pride of ownership at this location outshines all others you could not ask to buy a better turnkey property in the Southwest than this.

Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant.

This exclusive property presents an opportunity to build a contemporary with sweeping views of the city, canyons, and ocean. This private and gated estate is perched into the hill and designed to maximally utilize the panoramic scenery. In addition to the natural light that glistens through the glass walls, the grand entry leads to a dramatic open floor-plan with soaring 10ft to 12 ft ceilings that add to its architectural appeal. Featuring 5 luxurious bedroom suites, 6.5 baths, an office, gym, and state of the art kitchen with flexibility to open sliding glass doors. Porches and patios are infused into the design in a seamless fashion to blend and enhance the indoor/outdoor appeal. Lush landscaped 2.75 acre grounds feature terraced gardens and a uniquely integrated infinity edge swimming pool. Nestled in a park-like dreamy setting, approved plans are ready for this ultimate masterpiece. Property can be subdivided to build an additional home.

Architectural Masterpiece in Exclusive Viewmont Dr Panoramic City-to-Ocean Views. Experience the height of luxury in this unique entertainer's paradise located within the gated enclave of Viewmont Drive, just minutes from Sunset Plaza. This stunning modern architectural spans three stories, offering over 4,300 sq.ft. of meticulously designed living space with 4 bedrooms and 5.5 bathrooms. Dramatically positioned to capture explosive jetliner views from city to ocean, the home features a 20-foot angled wall of seamless floor-to-ceiling glass, enhancing the breathtaking vistas. The exterior is equally impressive, boasting a 20 ft column waterfall, a gorgeous outdoor deck, and a sparkling infinity-edge pool with spa.Inside, the gourmet kitchen showcases custom cabinetry and high-end fixtures, complemented by sleek hardwood floors and heated flooring systems. A floating staircase adds a sculptural element to the vast open floor plan, which includes a dining area with mesmerizing city lights views. The home theater is equipped with an incredible wet bar, setting the stage for unforgettable entertainment. The three spacious en-suite bedrooms are designed for comfort and privacy, while the master suite is a true sanctuary. It features a beautiful glass balcony, a cozy fireplace, expansive walk-in closets, and opulent his and hers bathrooms equipped with a steam shower and soaking tub. Additional amenities include a 2-car garage and a private driveway, ensuring privacy and exclusivity. This home is a testament to modern luxury living, offering an unparalleled lifestyle in one of the most coveted locations in Los Angeles. Don't miss the opportunity to own this breathtaking property.