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801 S. Merrill Street is a nine-unit, two-story multifamily building in Downtown / Central Corona. Built in 1964, the property offers seven one-bedroom / one-bath units of approximately 600 SF and two two-bedroom / one-bath units of approximately 675 SF. Many of the units have been renovated, and the remaining interiors still offer clear room for improvement. Market rents run approximately $1,800–$1,950 for the one-bedrooms and $2,100–$2,250 for the two bedrooms. Units feature open living/kitchen layouts and wall A/C, with common-area laundry, eight covered and two uncovered parking spaces, and plenty of street parking nearby. The building sits in a walkable downtown grid (Walk Score 81) south of Sixth Street and inside the historic Grand Boulevard circle. Civic Center, library, local retail, and dining are nearby. I-15 runs just east of downtown and SR-91 is a short drive north via Main Street. North Main Metrolink is about one mile away. This is a value-add opportunity. With in-place rents averaging $1,639 on the one-bedrooms and $1,971 on the twobedrooms, a buyer can complete the interior program on the remaining units and move rents toward market. Downtown Corona remains a city revitalization target, which supports long-term location quality.

PW26208059 MLS ⋅ Active Status

801 S. Merrill Street is a nine-unit, two-story multifamily building in Downtown / Central Corona. Built in 1964, the property offers seven one-bedroom / one-bath units of approximately 600 SF and two two-bedroom / one-bath units of approximately 675 SF. Many of the units have been renovated, and the remaining interiors still offer clear room for improvement. Market rents run approximately $1,800–$1,950 for the one-bedrooms and $2,100–$2,250 for the two bedrooms. Units feature open living/kitchen layouts and wall A/C, with common-area laundry, eight covered and two uncovered parking spaces, and plenty of street parking nearby. The building sits in a walkable downtown grid (Walk Score 81) south of Sixth Street and inside the historic Grand Boulevard circle. Civic Center, library, local retail, and dining are nearby. I-15 runs just east of downtown and SR-91 is a short drive north via Main Street. North Main Metrolink is about one mile away. This is a value-add opportunity. With in-place rents averaging $1,639 on the one-bedrooms and $1,971 on the twobedrooms, a buyer can complete the interior program on the remaining units and move rents toward market. Downtown Corona remains a city revitalization target, which supports long-term location quality.

801 S Merrill, Corona

$3,590,000

307 & 319 N East Street is a well-maintained, 12-unit (6+6) multifamily community consisting of two 6-unit complexes located in the historic Colony neighborhood of central Anaheim, offering investors an opportunity to acquire a core central Orange County asset with an in-place 5.11% cap rate and significant upside. The property's desirable location and dedicated garage parking per unit enhance operational simplicity while appealing to a broad renter base seeking convenience, privacy, and quality housing in one of Orange County's most accessible and amenity-rich neighborhoods. The asset features a well-balanced unit mix of four large 2-bed/1-bath and eight 1-bed/1-bath residences. The property has been thoughtfully maintained, with recent capital improvements including vinyl window replacements and the completion of SB-721 balcony inspection and repair work. Additional upside exists through the property's ADU potential, providing a clear and executable opportunity to increase density and further enhance net operating income.

OC26206354 MLS ⋅ Active Status

307 & 319 N East Street is a well-maintained, 12-unit (6+6) multifamily community consisting of two 6-unit complexes located in the historic Colony neighborhood of central Anaheim, offering investors an opportunity to acquire a core central Orange County asset with an in-place 5.11% cap rate and significant upside. The property's desirable location and dedicated garage parking per unit enhance operational simplicity while appealing to a broad renter base seeking convenience, privacy, and quality housing in one of Orange County's most accessible and amenity-rich neighborhoods. The asset features a well-balanced unit mix of four large 2-bed/1-bath and eight 1-bed/1-bath residences. The property has been thoughtfully maintained, with recent capital improvements including vinyl window replacements and the completion of SB-721 balcony inspection and repair work. Additional upside exists through the property's ADU potential, providing a clear and executable opportunity to increase density and further enhance net operating income.

307 N East St, Anaheim

$16,125,000

This 34-unit split-level complex located off Beach and Garfield is an excellent investment opportunity for an intermediate to advanced buyer. The complex is split between two buildings: 8071 with 16 units (seven one-bedrooms, eight two-bedrooms, and one three-bedroom) and 8081 with 18 units (eight one-bedrooms, nine two-bedrooms, and one three-bedroom). One-bedroom units come standard with one and a half baths; two-bedroom and three-bedroom units come with two and a half baths. Each unit is separately metered for gas and electric, and the owner pays for water. Each unit has hookups for a stackable washer dryer. The complex includes 44 garages (21 in 8071 and 23 in 8081) as well as 25 uncovered parking spaces.

OC26189867 MLS ⋅ Active Status

This 34-unit split-level complex located off Beach and Garfield is an excellent investment opportunity for an intermediate to advanced buyer. The complex is split between two buildings: 8071 with 16 units (seven one-bedrooms, eight two-bedrooms, and one three-bedroom) and 8081 with 18 units (eight one-bedrooms, nine two-bedrooms, and one three-bedroom). One-bedroom units come standard with one and a half baths; two-bedroom and three-bedroom units come with two and a half baths. Each unit is separately metered for gas and electric, and the owner pays for water. Each unit has hookups for a stackable washer dryer. The complex includes 44 garages (21 in 8071 and 23 in 8081) as well as 25 uncovered parking spaces.

8071 Garfield, Huntington Beach

$2,000,000

We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approximately 6,000 square feet on an approximately 7,405-square-foot lot. The unit mix consists entirely of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet each. Current ownership has completed several capital improvements, including the refurbishment of six units, installation of tile showers in seven units, copper water line repiping approximately 10 years ago, and roof replacement approximately six to seven years ago. Most water heaters have also been replaced, and electric heaters were installed approximately five to seven years ago. Additional features include ample tenant parking and an on-site laundry room. The property is all-electric with no gas service. The property benefits from a central Corona location with convenient access to employment, shopping, dining, transportation, and everyday amenities. Nearby State Route 91 and Interstate 15 provide connectivity throughout the Inland Empire, Orange County, and the greater Southern California region. Please do not disturb tenants, walk the property, or contact anyone at the property. Interior inspections will be conducted only upon an accepted offer.

CV26189840 MLS ⋅ Active Under Contract Status

We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approximately 6,000 square feet on an approximately 7,405-square-foot lot. The unit mix consists entirely of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet each. Current ownership has completed several capital improvements, including the refurbishment of six units, installation of tile showers in seven units, copper water line repiping approximately 10 years ago, and roof replacement approximately six to seven years ago. Most water heaters have also been replaced, and electric heaters were installed approximately five to seven years ago. Additional features include ample tenant parking and an on-site laundry room. The property is all-electric with no gas service. The property benefits from a central Corona location with convenient access to employment, shopping, dining, transportation, and everyday amenities. Nearby State Route 91 and Interstate 15 provide connectivity throughout the Inland Empire, Orange County, and the greater Southern California region. Please do not disturb tenants, walk the property, or contact anyone at the property. Interior inspections will be conducted only upon an accepted offer.

712 S Howard, Corona

$1,397,000

CBRE is pleased to present a high-potential, value-add multifamily investment opportunity at 53228 Cesar Chavez Street in Coachella, California. This 9-unit asset, originally constructed in 1963, offers an attractive and diverse unit mix of 4 one-bedroom/one-bath units, 1 one-bedroom/one-and-ahalf-bath unit, and 4 two-bedroom/one-bath units, positioning the property to capture demand across multiple renter segments. The asset presents a compelling opportunity for investors to drive revenue growth through strategic management, and mark-to-market rent increases in a submarket characterized by limited new multifamily supply. Located within the rapidly expanding Coachella Valley, the property benefits from strong population growth, increasing rental demand, and proximity to major employment drivers in agriculture, logistics, and the greater Palm Springs tourism economy.

CV26146469 MLS ⋅ Active Status

CBRE is pleased to present a high-potential, value-add multifamily investment opportunity at 53228 Cesar Chavez Street in Coachella, California. This 9-unit asset, originally constructed in 1963, offers an attractive and diverse unit mix of 4 one-bedroom/one-bath units, 1 one-bedroom/one-and-ahalf-bath unit, and 4 two-bedroom/one-bath units, positioning the property to capture demand across multiple renter segments. The asset presents a compelling opportunity for investors to drive revenue growth through strategic management, and mark-to-market rent increases in a submarket characterized by limited new multifamily supply. Located within the rapidly expanding Coachella Valley, the property benefits from strong population growth, increasing rental demand, and proximity to major employment drivers in agriculture, logistics, and the greater Palm Springs tourism economy.

53228 Cesar Chavez, Coachella

$4,720,000

Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.

AR24144156 MLS ⋅ Active Status

Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.

1426 Minnie Street, Santa Ana