California Investment Real Estate
Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Wednesday, June 17, 2020
Spectacular San Clemente beachside Units for Auction
Being auctioned on July 9th is a compound of 5 beach front units in San Clemente. A teaser price of $2,500,000 is the minimum bid. Realistically this property should easily sell in the mid $3M range at least. Let's talk about this rare and very good opportunity. There are also other very nice investment and owner/user properties for sale in the Orange County coastal towns. Call me for a list of the right deals for you.
Tuesday, June 9, 2020
Tuesday, June 2, 2020
Amazing 6 units in Laguna Beach
This is a perfectly located and conditioned investment property!
One SFR and 5 units in the rear building. Outstanding interiors and amazing site. Walk to the beach and walk to the village of Laguna Beach. Ideal property to keep an owner-user unit. Call for details before this rare opportunity is gone.
Friday, May 22, 2020
San Clemente Triplex near the Coast
Three units in a very good location of idyllic San Clemente for sale at a very good price.
Units need some updating and are delivered vacant.
Offered at $1,190,000 for 2,242 square feet with a good lot and decent parking.
All cash purchase or private financing to renovate, then refinance with conventional.
Call for more details!
Monday, January 27, 2020
Disneyland Apartments: Costar's view of apartment investments in Anaheim
Excellent information and guidance from Costar on the new construction in Anaheim and the existing apartment investment inventory:
Anaheim Apartment Investment Outlook
Let me know what you think Is this the right investment market for you?
Anaheim Apartment Investment Outlook
Let me know what you think Is this the right investment market for you?
Thursday, September 19, 2019
Anaheim Apartment Building for Sale
8 very well priced units in strong Anaheim location. 15 GRM on current rents. Some units upgraded. Solid rental investment with good initial cash flow and decent upside going forward. $268/ft. One 3 bed, Six 2 beds and One 1 bedroom unit. Offered at $2,250,000. Ideal 1031 tax-deferred exchange.
Monday, September 16, 2019
Tustin, Orange County, two unit property for sale.
Ideal owner-occupied quality (and size) two unit property in Tustin. 6 bedroom front home and a 3 bedroom completely detached rear home on a 19,000+ square foot lot in a good area of Orange County. Court ordered sale of the property. Well priced for the right buyer. This could make for a strong investment play or owner-user. Asking $1,399000. Call for details.
Thursday, September 12, 2019
Retire by the Beach in San Clemente
This is possibly the most ideal duplex to purchase, use, rent out and eventually call it home. Two well located units, modern amenities, nice views and walking distance to the beach and pier. Currently rented units make for an ideal investment purchase or a replacement property in a 1031 tax-deferred exchange. Use one unit for family and/or short term rentals to increase cash flow and get personal use time. There are lots of options with this property. For details, let's talk and see this property soon.
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
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.
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Many seasoned real estate investors have achieved this goal by single tenant triple net investment properties. This has been the go-to super secure place to 1031 exchange your real estate investment capital gains for decades. They range from Burger Kings to Dollar Stores to CVS Drug stores and many other single retail tenant operators.
But today, with retail being hit by both protests riots and Covid-19 retail curtailment, this industry is on shaky ground.
I would love to speak with anyone considering a 1031 exchange into a "passive" investment. The play is still good, but the choice in where, when and what to buy is key. Let's plan and execute for your best financial outcome. #realestate #1031exchange #investmentproperty #cre