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$5,000,000 VIEWS FROM A PREMIER LOT ON PRIME LAND IN DE LUZ WITH PANARAMIC VEIWS OF TEMECULA AND THE INLAND EMPIRE. OVER 31 ACRES OF BEAUTIFUL BUILDABLE LAND ON 2 SEPARATE APN'S - INCLUDED IS ALSO APN # 940-070-005. IT IS PARTIALLY GRADED AND READY TO BUILD YOUR DREAM HOME.

This unique community features eight (8) charming 1-bedroom, 1-bath + den Spanish-style bungalows arranged around a serene courtyard on a spacious lot. Nestled on a quiet street just half a block from the iconic Christmas Tree Lane, the property is surrounded by mature trees and expansive grassy areas, creating a peaceful and inviting atmosphere. Over $540,000 has been invested in capital improvements, including upgrades to plumbing, roofing, and electrical systems all already completed. New ownership can subdivide the lot into three (3) separate parcels, allowing the opportunity to build eight (8) new ADUs across the site. These additions have the potential to generate approximately $386,400 in annual rental income. Upon ADU completion, the property can be stabilized at a 12.53% cap rate with a 6.71 GRM. Resident utility billing (RUBS) has been implemented to reduce operational costs, and the property is eligible for Mills Act designation, offering substantial potential property tax savings. Assumable financing available at 5.25%, with five years of interest-only payments remaining.

This property is part of a 3 property portfolio, see MLS#PW26019993, and MLS#PW26019990 351 S State Street is a newly constructed, income-producing multifamily asset located in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Completed in 2024 and reaching full occupancy in 2025, the property is currently stabilized and generating approximately $25,000 per month in rental income under a corporate lease structure, offering immediate and reliable cash flow. The property is ideally suited for corporate housing, workforce housing, or student housing, with flexible exit optionality. A future owner may elect to maintain the existing corporate lease for stable income or take delivery vacant, allowing for repositioning or alternative leasing strategies. Architecture & Design The asset features contemporary, ground-up construction with a modern aesthetic throughout. The exterior showcases clean lines, a neutral color palette, and large windows that provide abundant natural light across all residential spaces. Durable materials and low-maintenance finishes were selected to support long-term ownership efficiency. Interior units, as reflected in the photos, are thoughtfully designed with: Open and efficient floor plans Wide-plank flooring throughout living areas Modern kitchens with flat-panel cabinetry, solid-surface countertops, and full appliance packages Updated bathrooms with large-format tile surrounds and contemporary fixtures Recessed lighting and modern hardware Bright bedrooms with oversized windows and clean finishes The overall design is functional, modern, and well-suited for furnished or semi-furnished occupancy, further enhancing its appeal for corporate and institutional-style tenants.

First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beach’s most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the city’s strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets. The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an “owner’s studio” with a full bath, covered patio, and private entrance. EACH unit offers its OWN LAUNDRY and PARKING, showcasing charming details that include real hardwood floors, terracotta tile, ceramic tile bathrooms, and freestanding tubs. With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creative possibilities such as residential over retail. Just one street from the sand, and away from the major boulevard, 2004–2006 Court Ave is a true land-banking opportunity in the heart of Newport Beach, offering income today and limitless potential for the next century to come.

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

Great opportunity for development. 34.3 acres with 5 parcels of land with great ocean and city light views. Currently zoned R-1 for 5 parcels. Can apply for rezoning with city. Potential condo development. Also, potential rezoning for senior assisted living or retirement condos. Walk to pier, restaurants and shops. APN #'s are 690-011-02, 690-012-04,05,08,09. Lender may consider land loan. Submit....

Ideal for future residential and mixed use development. Excellent frontage of Highway 111. Adjacent to the newly built Ave 66 overpass. In the Opportunity Zone with potential for tremendous tax benefits. Priced to Sell! Hwy 111 Traffic Count: 5,506 cars per day.

10 beautiful secluded contiguous acres in the village of Wrightwood.

Incredible opportunity!!! 251 Acres of Agricultural Land in Prime Location. Property features a domestic well, agriculture well. Mineral right makes this property extremely valuable. Conveniently located next to I-580, I-5 and HWY 132 in Tracy, CA Just south of Tracy Golf & Country Club. Approx 30 Miles from Modesto, 35 miles from San Jose, 20 miles from Stockton and 60 miles form San Francisco. Future Possiblities are endless! APN265-060-03 (120 acres and APN 265-070-12( 131 acres) ( 67735 S Bird Rd) Buyer to verify all potential uses. low taxes under Willamson Act. Owner financing available. Submit all offers.