Commercial Real Estate in California available for sale
1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in California, USA

More details for 2801-2807 Columbia St, San Diego, CA - Multifamily for Sale

2801-2807 Columbia St

San Diego, CA 92103

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,473,190 CAD
  • 6,028 SF

San Diego Multifamily for Sale - Uptown West/Park West

Opportunity to acquire a well-maintained, 3-story, six-unit apartment property on Columbia Street, ideally situated between Mission Hills, Little Italy, and Bankers Hill. The property consists of two buildings. The front building at 2801–2807 Columbia Street features four spacious two-bedroom, one-bath units, three garages, and a shared laundry facility. The rear building at 962–964 W. Olive Street—accessed via a walkway along the south side of the property—offers two additional two-bedroom, one-bath units. All six residences provide over 900 square feet of living space and feature neutral finishes, abundant natural light, and private outdoor areas that enhance tenant appeal. The property is thoughtfully equipped with a new water heater, upgraded electrical panels, central forced heating, dual-pane windows, and hardwood flooring. Five of the six units boast west-facing balconies with sweeping views of the downtown San Diego skyline, San Diego Bay, and the Pacific Ocean. Residents can take in stunning sunsets, coastal breezes, and even watch planes arrive and depart—creating a uniquely dynamic urban-coastal living experience. This asset has demonstrated strong appeal to long-term tenants, contributing to stable occupancy and consistent cash flow. Its highly desirable location and unit mix position it for continued long-term appreciation in one of San Diego’s most sought-after rental markets. Tenants are responsible for the majority of utilities per their lease terms, while ownership covers water, hot water, and trash.

Contact:

Berkshire Hathaway

Property Subtype:

Apartment

Date on Market:

2026-04-28

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More details for 3160 Highway 50, South Lake Tahoe, CA - Retail for Sale

Bob Dog Pizza - 3160 Highway 50

South Lake Tahoe, CA 96150

  • 1031 Exchange Property
  • Retail for Sale
  • $3,410,547 CAD
  • 3,652 SF
  • Air Conditioning
  • Restaurant

South Lake Tahoe Retail for Sale - Outer El Dorado County

Class A commercial building on US Highway 50 at the gateway to South Lake Tahoe, California, positioned on the busiest corridor into the Tahoe Basin. Built in 2013, 3,652 square feet across two stories on a 12,600 square foot lot with approximately 70 feet of Highway 50 frontage, 11 on-site parking spaces, and an internally illuminated freestanding monument sign. The parcel sits in the Meyers Community Center district (MAP-1) under the 2018 Meyers Area Plan, one of the most flexible commercial zones in the Tahoe Basin. Permitted uses by right include eating and drinking establishments, food and beverage sales, retail, professional offices, personal services, bed and breakfast, amusement and recreation services, and small-scale food production. Hotels, motels, and additional employee housing are available by conditional use permit. The Area Plan explicitly supports tourist-serving, recreation-oriented businesses that reinforce Meyers mountain culture and the walkable community vision. The building operates as a full-service restaurant. The kitchen is built out to production brewery, taproom, or destination restaurant standards: multiple deck pizza ovens, a 9 ft x 9 ft walk-in refrigerator, an 8-tap beer keg walk-in cooler, commercial-grade appliances, and multiple workstations. The dining area features a gas log fireplace, full bar, counter seating, custom booths, and a office space. Upstairs is a second-floor living quarters (currently used as an office), allowed by right as employee housing for commercial buildings over 1,000 square feet of commercial floor area. Outside is a fenced front yard with firepit and on-site parking. The location is uniquely positioned for a destination concept. Meyers is the primary South Shore entry point from the Bay Area, Sacramento, and Central Valley. The Pat Lowe Memorial Bike Trail runs along US 50 past the property, connecting Meyers to South Lake Tahoe and the planned South Tahoe Greenway Multi-Use Trail corridor. Within minutes of the building: Tahoe Paradise Golf Course, Upper Truckee River access, Washoe Meadows State Park, Echo Summit, Heavenly Mountain Resort, Kirkwood Mountain Resort, and the El Dorado National Forest trail system. Inventory, all fixtures, the Bob Dog Pizza trademark and logo, and the illuminated monument sign convey with the sale. Permits and plans available on request. Whether the next chapter is a production brewery and taproom, a destination restaurant, a recreation-oriented retail hub, or a continuing owner-operator concept, 3160 US Highway 50 offers turnkey commercial infrastructure, broad entitlements, and a Highway 50 address in Meyers, California at the gateway to South Lake Tahoe.

Contact:

Compass

Property Subtype:

Restaurant

Date on Market:

2026-04-28

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More details for 830 S Hoover St, Los Angeles, CA - Retail for Sale

Prime Koreatown Mixed-Use Investment - 830 S Hoover St

Los Angeles, CA 90005

  • 1031 Exchange Property
  • Retail for Sale
  • $3,473,190 CAD
  • 5,022 SF

Los Angeles Retail for Sale - Koreatown

Prime Mixed-Use Development & Value-Add Opportunity | Through Lot | TOC Tier 3 | Opportunity Zone Strategically located near Koreatown and Downtown Los Angeles, this rare mixed-use asset offers immediate income with significant long-term development upside. The property consists of a front commercial building and a rear 4-unit residential structure. All residential units are fully occupied, providing stable in-place cash flow, while the commercial portion includes two vacant second-floor units, allowing for immediate lease-up or repositioning. The site benefits from a rare through lot configuration with dual street access from both Hoover Street and S Coronado Street—ideal for future redevelopment efficiency and design flexibility. Surrounded by active development, including a newly constructed apartment building next door, the property sits in a rapidly transforming urban corridor. The adjacent parcel at 840 S Hoover Street is also available for purchase, creating a unique assemblage opportunity for a larger-scale development footprint. Zoned LAC2 and eligible for TOC Tier 3 incentives (buyer to verify), the property offers significant density upside and entitlement flexibility. Additionally, the property is located within a designated Opportunity Zone (buyer to verify), providing potential tax advantages for qualified investors. This is a rare opportunity for investors and developers seeking income stability today with strong repositioning and redevelopment potential for tomorrow.

Contact:

JP | John Pak Luxury Real Estate | Christie's International Real Estate

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-28

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More details for 45094 Main St, Mendocino, CA - Retail for Sale

Golden Goose Building - 45094 Main St

Mendocino, CA 95460

  • 1031 Exchange Property
  • Retail for Sale
  • $4,169,220 CAD
  • 4,166 SF
  • Air Conditioning

Mendocino Retail for Sale

Positioned in the very center of Mendocino Village, the iconic 'Golden Goose' building presents a rare opportunity to acquire a legacy asset with both immediate functionality and future upside. Steeped in local history, this landmark has continuously evolved with the community. Once home to a classic drug store and soda fountain, later became a general store, an acclaimed home furnishings destination, and most recently, a celebrated gallery space. Following a comprehensive rebuild in 2012, the property seamlessly blends preserved historic architecture with modern infrastructure, creating a turnkey canvas for today's investor or entrepreneur. Encompassing approximately 4,000± square feet, the building is thoughtfully configured into four suites, offering flexibility for multiple income streams or a cohesive single-user concept. The ground floor captures prime visibility with Main Street frontage, large picture windows, and dual access from Albion Street--ideal for retail, hospitality, or a flagship brand presence in one of the most visited coastal villages in Northern California. The upper level introduces an increasingly rare opportunity in Mendocino: two private suites with conditional approval for residential use. Currently, the property is undergoing permitted improvements, including the addition of an employee break room within the ocean-view suite--strategically designed to also function as a future kitchen should residential use be pursued through permitting. This intentional upgrade enhances both immediate commercial utility and long-term adaptability. Character and craftsmanship are evident throughout, with hardwood floors, vaulted ceilings, artisan details, and a façade that honors the building's historic roots. Modern systems including forced air heating, CAT5 cabling, and interior sound support a wide range of business or mixed-use applications. This is more than a building, it's a platform for vision. Whether reimagined as a flagship commercial presence, a mixed-use investment, or an elevated live/work coastal retreat, this Mendocino landmark is ready for its next chapter. New break room on 2nd floor.

Contact:

Engel & Völkers Mendocino

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-04-28

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More details for 19507 Tyler Island Road, Isleton, CA - Land for Sale

Tyler Island - 19507 Tyler Island Road

Isleton, CA 95641

  • 1031 Exchange Property
  • Land for Sale
  • $8,506,879 CAD
  • 612.29 AC Lot
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More details for 1035 W 17th St, Los Angeles, CA - Multifamily for Sale

1035 W 17th St

Los Angeles, CA 90015

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,784,119 CAD
  • 10,520 SF
  • Kitchen
  • Smoke Detector

Los Angeles Multifamily for Sale - Koreatown

TheWe are pleased to present 1035 W 17th Street, a 12-unit multifamily investment opportunity located in the highly desirable Pico-Union neighborhood, just minutes from Downtown Los Angeles and the LADT employment hub. This fully occupied (100%) asset offers stable in-place cash flow with a current NOI of $120,444 and a 5.63% cap rate, providing investors with immediate day-one income. The property has been held by the current ownership since 1982, with rents maintained at below-market levels, creating a compelling value-add opportunity. The asset presents approximately 50%+ rental upside, with current gross income of $170,868 and strong potential to increase to market levels, supporting a projected pro forma cap rate of 8–9%. This allows investors to significantly grow NOI through strategic rent repositioning. Select capital improvements, including plumbing upgrades and seismic retrofitting, help reduce operational risk and enhance long-term asset stability. Situated in a high-demand rental corridor, the property benefits from close proximity to Downtown Los Angeles, major transportation routes, and a dense employment base, supporting consistent tenant demand and long-term rental growth. This offering represents an opportunity to acquire a stabilized, income-producing asset with strong upside potential in one of Los Angeles’ most active rental submarkets.property has undergone improvements including updates to the plumbing system and seismic retrofitting.

Contact:

Capital Mortgage Service of America

Property Subtype:

Apartment

Date on Market:

2026-04-27

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More details for 853 E Manchester Ave, Los Angeles, CA - Retail for Sale

853 E Manchester Ave

Los Angeles, CA 90001

  • 1031 Exchange Property
  • Retail for Sale
  • $1,941,924 CAD
  • 1,917 SF
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More details for 4943-4941 Telegraph Rd, Los Angeles, CA - Industrial for Sale

4943-4941 Telegraph Rd

Los Angeles, CA 90022

  • 1031 Exchange Property
  • Industrial for Sale
  • $2,157,693 CAD
  • 5,097 SF
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More details for 804 Hwy 50, South Lake Tahoe, CA - Specialty for Sale

804 Hwy 50

South Lake Tahoe, CA 96150

  • 1031 Exchange Property
  • Specialty for Sale
  • $1,461,663 CAD
  • 3,615 SF

South Lake Tahoe Specialty for Sale - Outer El Dorado County

Gateway property at the entrance to South Lake Tahoe, California. 3,615 square feet, 8 bedrooms, 4.5 bathrooms across two stories on a 1.44-acre lot with Upper Truckee River frontage. Ideal for contractor housing, builder headquarters, or workforce lodging opportunity. Located directly on Highway 50 in the Meyers gateway, 804 US Highway 50 offers a rare combination of existing housing infrastructure, trade-friendly site utility, public water and sewer, river frontage, and direct exposure on one of the busiest entry corridors into the Tahoe Basin. The building layout is already solved for a trades operator, general contractor, or hospitality employer. 8 bedrooms, 4 full bathrooms, and a half bath across 3,615 square feet translate into 8-plus bunks without moving a wall. The detached garage with loft above provides a front-of-house office, project manager suite, or dedicated workspace separate from the housing footprint. The flat 1.44-acre lot holds equipment, trailers, and service trucks, with room for trade storage or future build-out. The parcel sits in the Meyers Recreation District (MAP-4) under the 2018 Meyers Area Plan, a zoning designation purpose-built for recreation and service uses at the gateway to the Tahoe Basin. Permitted and conditional uses include employee housing, local public health and safety facilities, amusement and recreation services, group facilities, developed campgrounds, RV parks, recreation centers, visitor information centers, and cultural facilities. The existing 8-bedroom configuration is an immediate fit for workforce or contractor housing, one of the most structurally undersupplied asset types in the South Lake Tahoe market today. 804 US Highway 50 is one of the first private parcels a buyer sees entering South Lake Tahoe from the Meyers gateway, directly on the scenic Highway 50 corridor, the busiest entry point into the Tahoe Basin. The rear of the lot drops to the Upper Truckee River with mature pine cover and immediate access to National Forest trail networks. The property sits adjacent to Lake Tahoe KOA Journey campground and within the Meyers Recreation district. Signage and brand visibility from this stretch of Highway 50 are difficult to replicate. This is a full-daylight storefront for any owner-operator whose business depends on exposure. The combination of acreage, building footprint, river frontage, and gateway Highway 50 visibility on this corridor is extremely rare.

Contact:

Compass

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2026-04-25

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More details for 2180 Temple Ave, Long Beach, CA - Industrial for Sale

2180 Temple Ave

Long Beach, CA 90804

  • 1031 Exchange Property
  • Industrial for Sale
  • $16,008,690 CAD
  • 48,191 SF
  • Air Conditioning
  • Security System
  • Conferencing Facility
  • Controlled Access
  • Wheelchair Accessible
  • Smoke Detector

Long Beach Industrial for Sale - Long Beach: Suburban

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 2180 Temple Avenue & 2880 Hill Street in Long Beach, California (“The Property”). The offering consists of a masonry-constructed industrial asset totaling approximately 48,191 square feet of highly functional warehouse space—well-suited for owner-users seeking a strategic foothold in one of Southern California’s most supply-constrained infill markets. Positioned atop Signal Hill, the Property offers excellent access, visibility, and functionality, with immediate connectivity to the 405 and 710 Freeways and close proximity to the Long Beach Airport, as well as the Port of Los Angeles and Port of Long Beach—making it ideal for logistics, distribution, and operational users. For owner-users, the Property presents a rare opportunity to control occupancy in a high-barrier-to-entry market while benefiting from in-place income and future flexibility. Approximately 25% of the building is currently leased through August 2028, providing stable cash flow to offset carrying costs, while still allowing a user to occupy the majority of the space immediately or grow into the asset over time. The configuration supports both single-tenant and multi-tenant use, offering optionality to scale operations or maintain supplemental income.

Contact:

Marcus & Millichap

Property Subtype:

Warehouse

Date on Market:

2026-04-24

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More details for 2592 N Beachwood Dr, Los Angeles, CA - Multifamily for Sale

2592-2598 N Beachwood Dr - 2592 N Beachwood Dr

Los Angeles, CA 90068

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,958,128 CAD
  • 2,437 SF
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More details for 1728 W 166th St, Gardena, CA - Industrial for Sale

1728 W 166th St

Gardena, CA 90247

  • 1031 Exchange Property
  • Industrial for Sale
  • $932,680 CAD
  • 1,858 SF
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More details for 2007 Raymer Ave, Fullerton, CA - Industrial for Sale

2007 Raymer Ave

Fullerton, CA 92833

  • 1031 Exchange Property
  • Industrial for Sale
  • $1,740,075 CAD
  • 2,890 SF
  • 1 Unit Available
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More details for 4927 67th St, San Diego, CA - Land for Sale

4927 67th St - 8-UNIT Development Opportunity - 4927 67th St

San Diego, CA 92115

  • 1031 Exchange Property
  • Land for Sale
  • $1,739,379 CAD
  • 0.16 AC Lot

San Diego Land for Sale - College Area

The subject property located at 4927 67th Street in San Diego presents a rare opportunity to acquire a near shovel-ready multifamily development site in the highly desirable College East submarket, less than one mile from San Diego State University. The project is expected to receive project approval within weeks, offering investors a significantly reduced entitlement timeline and the ability to commence construction shortly after closing. Situated on a 7,211 square foot corner lot zoned RM 1-1, the property currently consists of two detached residential units (a 2-bedroom/1-bath and a 2-bedroom/2-bath). Approved plans call for the development of six additional units totaling approximately 3,700 square feet, bringing the total project to eight units upon completion. The proposed unit mix includes five 2-bedroom/1-bath units and one studio unit, designed to maximize rental efficiency and appeal to the area’s strong student and workforce housing demand. The project benefits from a high-demand rental location driven by its proximity to SDSU, a major employment and education hub with consistent tenant turnover and strong absorption rates. The efficient unit sizes and layout are expected to command premium rents on a per-square-foot basis while maintaining broad affordability within the target renter pool. This offering represents a low-risk, high-upside development opportunity with minimal remaining entitlement exposure, strong in-place fundamentals, and the ability to quickly deliver a well-positioned multifamily asset in one of San Diego’s most reliable rental submarkets.

Contact:

Landmark Multifamily And Development

Property Subtype:

Residential

Date on Market:

2026-04-22

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More details for 1246-1248 N Kenmore Ave, Los Angeles, CA - Multifamily for Sale

1246-1248 N Kenmore Ave

Los Angeles, CA 90029

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,619,356 CAD
  • 5,502 SF
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More details for 27188 Hayward Blvd, Hayward, CA - Land for Sale

27188 Hayward Blvd

Hayward, CA 94542

  • 1031 Exchange Property
  • Land for Sale
  • $2,784,120 CAD
  • 0.72 AC Lot
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More details for 551 W Crowther Ave, Placentia, CA - Industrial for Sale

551 W Crowther Ave

Placentia, CA 92870

  • 1031 Exchange Property
  • Industrial for Sale
  • $11,832,510 CAD
  • 23,667 SF
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More details for 124 N Vista Bonita Ave, Glendora, CA - Multifamily for Sale

North Vista Bonita Duplex - 124 N Vista Bonita Ave

Glendora, CA 91741

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,503,425 CAD
  • 1,815 SF
  • Air Conditioning

Glendora Multifamily for Sale - Eastern SGV

124 -124 ½ N. Vista Bonita Ave, Glendora Wonderful investment opportunity in North Glendora! Located next to the downtown Glendora Village, local parks, library and schools, this charming Craftsman duplex offers two single level craftsman homes that were both remodeled within the last 5 years. Both homes feature two bedrooms and one bathroom. The front home (124 N. Vista Bonita) features a white picket fence, charming front porch, turf lawn, drought tolerant landscaping, and sprinkler system. The front house offers 1,040 SF approximately of living space, a spacious living room, hardwood floors thru-out, open kitchen with white cabinets, quartz counters, electric cooktop, oven, dishwasher, refrigerator, and laundry in cabinet on back patio. Two good sized bedrooms with spacious closets, and a remodeled hallway bathroom with bathtub and shower. The front house also offers central air and heat and a shared two car garage at the back of property accessed thru alley. The courtyard between the two residences and the south side of the back house includes nice pavers. The rear house (124 ½ N. Vista Bonita Ave) offers approximately 775 SF of living space, an open living room, large kitchen with white cabinets, quartz counters, gas range, refrigerator, and stackable washer and dryer. The two bedrooms offer spacious closets and the remodeled hallway bathroom has a bathtub/shower and newer vanity. Vinyl flooring thru-out, two wall mounted HVAC units, gas furnace, and a new mini split system providing heat and air complete the back house. There is a detached shared two car garage in the rear of the property along with one parking space that is accessed thru the alley. A new roof was installed on both units and the garage within the last 1.5 years. Enjoy the wonderful location being close to the Glendora Village and the many city events that take place thru-out the year, restaurants, and quaint boutiques.

Contact:

COMPASS

Property Subtype:

Apartment

Date on Market:

2026-04-20

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More details for 6033 Foothill Blvd, Oakland, CA - Multifamily for Sale

6033 Foothill Blvd

Oakland, CA 94605

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,154,018 CAD
  • 2,918 SF
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More details for 270 E Saint John St, San Jose, CA - Multifamily for Sale

96-98 N 6th St - 270 E Saint John St

San Jose, CA 95112

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,086,698 CAD
  • 3,976 SF
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More details for 518 S Sierra Madre Blvd, Pasadena, CA - Multifamily for Sale

518 S Sierra Madre Blvd

Pasadena, CA 91107

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,619,356 CAD
  • 8,091 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Pasadena Multifamily for Sale

Located within the Unincorporated Los Angeles section of Pasadena at the border of San Marino, situated between San Pasqual Ave and California Blvd, 518 S Sierra Madre Blvd, Pasadena, CA 91107 is a charming 1950 built well maintained eleven (11) unit apartment building. Situated on 0.26 acres of land with an approximate rentable square feet of 8,091, the eleven (11) units consists of eight (8) 1+1 units and three (3) 2+1 units. The units feature open floor plans with great natural light, wood and/or wood like flooring, ample closet space, wall a/c and gas heaters. The building has a charming curb appeal with a lush courtyard that has fruit trees and mature landscaping which add to the quiet and picturesque environment. The property features a laundry room with two (2) washers and two (2) dryers. Adjacent to the laundry room is an outdoor sitting area with fruit trees and succulent plants. There are six (6) garages that will be delivered vacant at the close of escrow. The new owner has the opportunity to rent as storage or parking to existing and/or future tenants. Recent upgrades to the property include but are not limited to a new roof (approximately 1 year old), copper plumbing (vertical/horizontal), new windows (Southside of property), partial upgraded electrical, and new paint. Current rents are approximately 15% below market, providing the owner an opportunity to improve the income over time as the opportunity presents itself. 518 S. Sierra Madre is a rare opportunity for an investor to acquire a very well maintained, upgraded apartment building in a desirable and historically sought after rental market.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-04-20

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More details for 10675 Valensin Rd, Galt, CA - Specialty for Sale

Valensin Vineyard and Winery - 10675 Valensin Rd

Galt, CA 95632

  • 1031 Exchange Property
  • Specialty for Sale
  • $6,960,299 CAD
  • 1,742,400 SF
  • Air Conditioning
  • Controlled Access
  • Waterfront
  • Smoke Detector

Galt Specialty for Sale - Outer Sacramento County

Introducing a truly rare and extraordinary estate—40 acres of luxury, privacy, and exceptional business and investment potential, centered around your own private slalom ski lake. Comprised of four 10-acre parcels (zoned 20 acres), this unique offering provides the flexibility to expand, subdivide, or develop a variety of income-producing ventures. From a commercial perspective, the property is ideally suited for a boutique winery, event venue, corporate retreat, or luxury short-term rental destination. Approximately 10 acres of established Syrah grapes present the opportunity to produce and bottle your own wine, while the lakefront boathouse—thoughtfully designed as a tasting room—creates a memorable guest experience with a dock, patio, hydraulic boat lift, and workspace. A 60x40 event tent, capacity for 200+ parking spaces, and sweeping vineyard and waterfront views make this an ideal setting for weddings, private events, and corporate gatherings. The expansive 5,000 sqft shop with an attached 680 sqft apartment offers incredible versatility for business operations, storage, or onsite management, further enhancing the property's income-generating potential. Beyond its business appeal, the estate transitions seamlessly into an exceptional residential retreat. The custom-built 2,600 sqft main home features 3 bedrooms, 2 bathrooms, a 2-car garage, radiant floor heating, and a temperature-controlled wine closet. Designed for both comfort and entertaining, the home showcases seamless indoor-outdoor living, highlighted by a stunning floor-to-ceiling windowed game room overlooking the outdoor kitchen and tranquil lake. A second residence with 4 bedrooms and 3 bathrooms provides ideal accommodations for extended family, guests, or additional rental income. The professionally designed private slalom ski lake anchors the lifestyle experience—perfect for waterskiing, jet skiing, paddle boarding, and fishing—offering a resort-like atmosphere right at home. Whether envisioned as a thriving business venture, private family compound, or luxury retreat, this property delivers a rare combination of lifestyle, recreation, and long-term investment opportunity. Properties offering this level of versatility—blending vineyard, event infrastructure, multiple residences, and a private ski lake—are seldom available. A must-see to fully appreciate the scope, beauty, and potential of this remarkable estate.

Contact:

Parker Realty

Property Subtype:

Winery/Vineyard

Date on Market:

2026-04-20

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More details for 56923 Reche Rd, Yucca Valley, CA - Land for Sale

56923 Reche Road, Yucca Valley, CA - 56923 Reche Rd

Yucca Valley, CA 92285

  • 1031 Exchange Property
  • Land for Sale
  • $863,077 CAD
  • 630 AC Lot
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More details for 247 High St, Santa Cruz, CA - Land for Sale

27-Bed | Shovel-Ready Student Housing - 247 High St

Santa Cruz, CA 95060

  • 1031 Exchange Property
  • Land for Sale
  • $2,498,748 CAD
  • 0.15 AC Lot

Santa Cruz Land for Sale - Greater Santa Cruz

David Lyng Real Estate is pleased to present Ohana Hale Residences — a fully permitted, shovel-ready student housing development opportunity located at 247 High Street in Santa Cruz, California. This rare offering provides an investor with the ability to acquire a fully entitled, permit-ready land with approved plans for a three-story, seven-unit student housing project without the time and cost of navigating the complex multi-year entitlement process. The market has already spoken on this block. Next door, 251 High Street, a conventional, unfurnished building with only ~40% student occupancy and no per-bed premium - recently traded at a 3.88% cap rate. Apply the same cap rate to Ohana Hale's fully furnished, 100% per-bed student model: the developer/buyer could realize up to $4M in equity at completion with an IRR well over 50%. The comp is next door. The upside is in the math. Purpose-built for the UCSC off-campus market, 247 High St provides an investor with the ability to acquire fully entitled, permit-ready land with approved plans for a new student housing project featuring 27 beds and 12 bathrooms across 7 units without the time and cost of navigating the complex entitlement process. At a blended market rent of $1,800 per bed plus two conventional units, the project is projected to produce a stabilized Net Operating Income of $378,659, consistent with institutional student housing standards for newly constructed UCSC-proximate assets. The asking price of $1,895,000 represents an acquisition well below estimated replacement cost, with developer upside confirmed by third-party MAI appraisal and available in full to qualified buyers under NDA.

Contact:

David Lyng Real Estate

Property Subtype:

Commercial

Date on Market:

2026-04-20

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