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

1031 Exchange Properties for Sale in California, USA

More details for 5339 E Ocean Blvd, Long Beach, CA - Multifamily for Sale

5339 E Ocean Blvd

Long Beach, CA 90803

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,702,890 CAD
  • 3,072 SF
  • Air Conditioning
  • Kitchen

Long Beach Multifamily for Sale - Long Beach: Downtown

Location Location Location! Ocean Front Assets are the gold standard for real estate. Do not miss this. Unobstructed Ocean Views and the highest Cap Rate (5.54%) you will ever find in Belmont Shore on the Ocean in this Incredible Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again. 5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an exceptional location-driven rental appeal in one of Southern California’s most desirable beach communities. Four of the units are rare front-facing one-bedroom residences with ocean and water views, creating a highly compelling lifestyle rental product in one of Long Beach’s most sought-after beachside communities. The remaining two renovated one-bedroom units further round out a turnkey investment with broad tenant appeal. With the Olympics coming to the Belmont Shore Swimming Pool and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blvd with unobstructed ocean views. Offered at $3,395,000 and only $565,833 per unit, this exceptional coastal asset consists of six 1-bedroom/1-bathroom units across 3,048 square feet on a 2,540 square foot lot. Based on projected market rents, the property offers approximately $20,400 per month and $255,600 in annual scheduled gross income, with an estimated 5.54% cap rate upon lease up.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Apartment

Date on Market:

2026-03-24

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More details for 8657-8659 Sierra Ave, Fontana, CA - Retail for Sale

8657-8659 Sierra Ave

Fontana, CA 92335

  • 1031 Exchange Property
  • Retail for Sale
  • $2,008,598 CAD
  • 4,500 SF
  • Air Conditioning
  • 24 Hour Access

Fontana Retail for Sale - Airport Area

4500sf In-Line Retail, 2-Units with 60' frontage on highly trafficked Sierra Avenue in Downtown Fontana! Both units have dedicated utility meters; Gas/Water/Electric. Presently tenant-occupied with two month-to-month tenants, a great opportunity for owner-user alongside of income or for investment with established, long-term tenants. 8657 is a 1500sf Retail storefront and features include a mostly open floor plan, large showcase windows, central heat & a/c, modern tile floors, office, storage room, restroom, with front and rear access doors. Kitchenette area with built-in sink cabinet and plenty of room for break room use, with convenience available to place a refrigerator, storage, seating table and coffee bar. Nice retail lobby that separates from the existing back area floor plan. 8659 is a 3000sf Retail storefront and features include a wide open floor plan, large showcase windows with natural light, central heat & a/c, wood laminate floors, office, two restrooms, with front and rear access doors. The property is a 6000sf/.14ac lot with both public parking street front and a large city parking lot in the rear. Each unit has a dedicated parking space at their respective rear entrance doors. Located within walking distance to Stage Red Live Music Venue and nearby to Fontana City Hall/Metro-Link Station within a major revitalization area undergoing continued transformation into a walkable mixed-use district with key development plans. Buyer must verify own zoning/use with City of Fontana. Zoned FBC - Sierra Core Downtown ***Opportunity Zone*** ***Buyer must cooperate with Sellers 1031-Exchange. ***One Seller is a CA Licensed Real Estate Agent, also a Co-Listing Agent for this sale***

Contact:

KW Commercial Redlands

Property Subtype:

Storefront

Date on Market:

2026-03-23

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More details for 635 E 15th St, Oakland, CA - Multifamily for Sale

5 Blocks from Lake Merritt | $127K Per Unit - 635 E 15th St

Oakland, CA 94606

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,593,026 CAD
  • 5,875 SF
  • Controlled Access
  • Smoke Detector

Oakland Multifamily for Sale - Oakland-South/Airport

The Mitchell Warren Team is pleased to present 635 E 15th Street, a 9- unit multifamily property located in Oakland’s Clinton neighborhood. The 5,875 square foot building features a unit mix of eight (8) one-bedroom/one-bath units and one (1) two-bedroom/two-bath unit, offering strong in-place income with clear value-add potential. Two units will be delivered vacant, providing an immediate opportunity to achieve market rents, while existing rents remain below market, allowing for additional upside through natural turnover and improved management. The property also includes eight on-site garages, three of which are currently vacant, offering additional income potential. Investors may also explore the potential to convert garages into ADUs (buyer to verify with the city) to further enhance long-term returns. 635 E 15th Street is ideally located in central Oakland, just five blocks from Lake Merritt, and offers convenient access to the Lake Merritt BART Station for seamless connectivity to Downtown Oakland, San Francisco, and major employment hubs. The property is also near Downtown Oakland, Jack London Square, and the vibrant Lake Merritt corridor, providing residents with a wide range of dining, retail, grocery, and recreational amenities. With over 44,000 residents within a one-mile radius and strong access to transit and urban conveniences, the property is well-positioned as an attractive multifamily investment in one of Oakland’s most accessible and evolving submarkets.

Contact:

NAI Northern California

Property Subtype:

Apartment

Date on Market:

2026-03-23

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More details for 565 Brunswick Rd, Grass Valley, CA - Office for Sale

565 Brunswick Rd

Grass Valley, CA 95945

  • 1031 Exchange Property
  • Office for Sale
  • $275,663 CAD
  • 1,742 SF
  • 1 Unit Available
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More details for 630 Ward St, La Habra, CA - Multifamily for Sale

630 Ward St

La Habra, CA 90631

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,057,081 CAD
  • 3,344 SF
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More details for 1036 60th St, Emeryville, CA - Multifamily for Sale

Excellent North Oakland Location - 1036 60th St

Emeryville, CA 94608

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,973,967 CAD
  • 4,632 SF
  • Kitchen
  • Smoke Detector

Emeryville Multifamily for Sale - Oakland-North

The Mitchell Warren Team is pleased to present 1036 60th Street, an eight-unit multifamily investment opportunity located in Oakland’s highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and a main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay’s most supply- constrained rental markets. 1036 60th Street is ideally located in the highly desirable NOBE neighborhood, where North Oakland, Berkeley, and Emeryville converge. This central location provides convenient access to major East Bay employment centers, including Pixar Animation Studios and Emeryville’s Bay Street retail district, as well as UC Berkeley. Residents benefit from proximity to the vibrant dining, retail, and entertainment corridors along San Pablo Avenue, Telegraph Avenue, and College Avenue. The property also o?ers excellent regional connectivity with nearby access to Ashby and MacArthur BART stations and multiple AC Transit lines, making commuting throughout the East Bay and San Francisco convenient.

Contact:

NAI Northern California

Property Subtype:

Apartment

Date on Market:

2026-03-23

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More details for 1606 Barry Ave, Los Angeles, CA - Multifamily for Sale

1606 Barry Ave

Los Angeles, CA 90025

  • 1031 Exchange Property
  • Multifamily for Sale
  • $5,333,174 CAD
  • 9,844 SF
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More details for 1781 Springvale Rd, Placerville, CA - Multifamily for Sale

Golden Hill Ranch - 1781 Springvale Rd

Placerville, CA 95667

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,493,432 CAD
  • 2,336 SF
  • Air Conditioning
  • Kitchen
  • Pool

Placerville Multifamily for Sale - Outer El Dorado County

Welcome to your private 10+ acre retreat in the heart of Placerville—where lifestyle, land, and limitless potential come together. Set on over 10 acres of usable land, this exceptional property offers a rare opportunity for buyers seeking space, privacy, and versatility. Whether you envision a working farm, boutique winery, income-producing retreat, or a peaceful second home away from the city, this property delivers the foundation to bring your vision to life. The estate features multiple living structures, making it ideal for multi-generational living, guest accommodations, or short-term rental income. The expansive grounds provide ample space for agriculture, vineyards, or equestrian use, while also serving as a stunning backdrop for corporate retreats, weddings, private events, or wellness getaways. Enjoy the natural beauty of the land, complete with mature trees, open space, and a tranquil setting that feels worlds away—yet remains conveniently located. Positioned on the way to Lake Tahoe and just minutes from Red Hawk Resort + Casino, this location offers both seclusion and accessibility, making it highly desirable for personal use and business opportunities alike. Whether you're a homeowner dreaming of a private countryside escape or an entrepreneur seeking a high-potential investment for events, hospitality, or agriculture, this property is a rare canvas with endless upside. Create your legacy—live, grow, host, and thrive on your own 10+ acre estate.

Contact:

CURB®

Property Subtype:

Multi Family

Date on Market:

2026-03-21

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More details for 505 W 6th St, Hanford, CA - Industrial for Sale

6th Street Warehouse - 505 W 6th St

Hanford, CA 93230

  • 1031 Exchange Property
  • Industrial for Sale
  • $2,728,923 CAD
  • 17,191 SF
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More details for 2235 Morning Canyon Dr, Diamond Bar, CA - Land for Sale

2235 Morning Canyon Dr

Diamond Bar, CA 91765

  • 1031 Exchange Property
  • Land for Sale
  • $9,682,827 CAD
  • 1.75 AC Lot
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More details for 917 N 1st St, El Cajon, CA - Multifamily for Sale

917-21 N 1st St, El Cajon, CA 92021 - 917 N 1st St

El Cajon, CA 92021

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,324,576 CAD
  • 4,382 SF
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More details for 736-742 Agate St, San Diego, CA - Multifamily for Sale

736-742 Agate St

San Diego, CA 92109

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,148,794 CAD
  • 2,738 SF
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More details for 811 W Romneya Dr, Anaheim, CA - Multifamily for Sale

PREMIER 41 UNIT REDEVELOPMENT OPPORTUNITY - 811 W Romneya Dr

Anaheim, CA 92801

  • 1031 Exchange Property
  • Multifamily for Sale
  • $13,152,853 CAD
  • 44,284 SF

Anaheim Multifamily for Sale - North/East Anaheim

Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to present a premier redevelopment opportunity in the heart of Anaheim. The subject property is currently operated as a 19 Unit multifamily community, originally constructed in 1977. Situated on approximately 1.14 acres, the property features an attractive unit mix of 10 two-bedroom units, 1 three-bedroom unit, and 8 one-bedroom units, and is currently 100% occupied. The property generates approximately $500,000 in annual gross income, including laundry, and is individually metered. The seller has completed extensive pre-development work and will provide the buyer—at close of escrow—with all approved plans and reports, including but not limited to MEP plans, engineering, Title 24 compliance, and soil reports to name a few (all paid for by the seller). The buyer will only need to obtain permits prior to commencing redevelopment. Project Highlights: • Approved plans for a 40-unit residential development plus a clubhouse. Upon completion, the clubhouse may be converted into an additional (1) ADU 2 bedroom + 2 bath unit without requiring additional parking • Proposed unit mix includes 39 two-bedroom, two-bath units and 2 three-bedroom, two-bath units. The three-bedroom units are approximately 1,500 square feet each, and all two-bedroom units exceed 1,000 square feet • Approximately 44,284 square feet of total living space • Approximately 104 parking spaces, including both subterranean and surface-level parking. The underground garage spans approximately 20,829 square feet • Projected rents are approximately $3,300 per month for two-bedroom units and $3,900–$4,200 per month for three-bedroom units • Gated community • In-unit side-by-side washer and dryer hookups • Individual tankless water heaters in each unit • Central air conditioning in all units • Solar power system • EV charging capability in a significant number of parking spaces • Nine-foot ceilings and eight-foot doors throughout all units • Master-metered for water with sub-metering for reimbursement; individually metered for gas and electricity Disclaimer: The Agent/Broker of Record does not guarantee the accuracy of the information provided. All information is deemed reliable but not verified. Buyers are advised to independently verify all information and conduct their own thorough due diligence. Important Notes: No offers will be considered or accepted without first speaking with the listing office at 949-250-0400.

Contact:

Alliance Investment Real Estate Group

Property Subtype:

Apartment

Date on Market:

2026-03-19

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More details for 150 Shoreline Hwy, Mill Valley, CA - Multifamily for Sale

150 Shoreline Hwy

Mill Valley, CA 94941

  • 1031 Exchange Property
  • Multifamily for Sale
  • $5,194,650 CAD
  • 15,000 SF
  • Waterfront

Mill Valley Multifamily for Sale - Corte Madera/Mill Valley

Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $250 per square foot!! This property is being sold by the original owner who is retiring after owning this property for over 55-years. This property includes THREE buildings - each is about 5,000 square feet = 15,000 square feet total ... The buildings were originally designed as apartments (each unit had its own bathroom), but have been used as office space for over 5 decades ... Most of the 24 bathrooms are still in place. Comes with up to 50 PARKING SPACES ... The zoning allows for RETAIL, FOOD, OFFICES - OR - AFFORDABLE HOUSING ... this location is UNBELIEVABLY COOL - on the WATERFRONT - spectacular VIEWS and direct access to the Sausalito Trail ... the NEW building next door (156 Shoreline Highway) is setting the precedent for what might be possible to develop here ... DEVELOPERS - run the numbers! NON-PROFITS - buy this place and make a highly-visible HOME for your programs ... 1031-EXCHANGE buyers - park some cash here - the Tenants are on month-to-month leases and would love to stay, giving you cash-flow while you are working on your plans ... Put a STARBUCKS here - this would be an awesome spot for one ... Don't Miss Out On This Insanely Good Deal!! ******** please do not disturb Tenants by going into the buildings - it is OK to drive through the parking lot ******** ...

Contact:

Re/Max Accord

Property Subtype:

Apartment

Date on Market:

2026-03-18

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More details for 3800-3814 Beverly Blvd, Los Angeles, CA - Retail for Sale

3800-3814 Beverly Blvd

Los Angeles, CA 90004

  • 1031 Exchange Property
  • Retail for Sale
  • $5,817,869 CAD
  • 13,964 SF
  • Air Conditioning
  • Commuter Rail

Los Angeles Retail for Sale - East Hollywood/Silver Lake

3800-3814 Beverly Blvd. Los Angeles, CA 90004 “Irreplaceable corner asset in Koreatown’s expansion corridor with immediate cash flow and long-term redevelopment upside.” LOCATION FOCUS ?? Macro (LA Growth) 10 min to Downtown LA (3 miles) 5 min to Koreatown (1.4 miles) High-density urban infill market ?? Micro (Corner Advantage) Signalized hard corner: Beverly Blvd & Vermont Ave One of the most trafficked east-west corridors Surrounded by: Koreatown retail core East Hollywood redevelopment Dense multifamily housing ?? Investors “This is not just location — this is a high-visibility, irreplaceable corner in a supply-constrained urban market.” ?? DEMOGRAPHICS = DEMAND PROOF 0.5 mile: 28,000 population Dense renter base (~85–90%) Workforce + young professionals(most tenants are young and ambitious!!) 1 mile: 120,000 population Strong daily consumer demand High foot traffic + transit dependency ?? Positioning “Extremely dense, renter-heavy population creates consistent demand for neighborhood retail and services.” ?? TRAFFIC = EXPOSURE = VALUE Key data: Beverly Blvd: ~30,000 cars/day Vermont Ave: ~25,000+ cars/day ?? Nothing comes close : “Over 50,000 vehicles per day combined traffic exposure at a signalized corner — ideal for retail visibility and tenant demand.” ?? VALUE-ADD & REDEVELOPMENT @ Definite UPSIDE Mixed-use income Below-market rents (month to month) @ Next Step: Rent increases Reposition retail Add units(Division) Redevelopment (buyer dependent) ?? Positioning: “Strong in-place income with clear value-add through lease repositioning and long-term redevelopment potential.” ?? 1031 EXCHANGE (VERY IMPORTANT) Most of the buyers in this market are 1031 investors “Ideal 1031 exchange replacement property offering both stability and upside.” Why it works: Income-producing asset Appreciation potential Inflation hedge Tax deferral ?? TAX ADVANTAGE (INVESTOR PSYCHOLOGY) Depreciation benefits Cost segregation potential Long-term appreciation Capital preservation @“Combine tax deferral with long-term appreciation in one of LA’s most resilient rental markets.” ?? 8. BUILD YOUR FINAL INVESTOR PITCH (USE THIS) Here’s your ready-to-send version: ?? INVESTMENT HIGHLIGHT 3800–3814 Beverly Blvd presents a rare opportunity to acquire a mixed-use asset on a high-visibility corner in the heart of the Koreatown / East Hollywood growth corridor. Positioned at the signalized intersection of Beverly Blvd and Vermont Ave, the property benefits from over 50,000 vehicles per day in combined traffic exposure, along with strong pedestrian activity driven by dense surrounding multifamily housing. The immediate area features a 0.5-mile population of approximately 28,000 and over 120,000 within a 1-mile radius, creating consistent demand for retail and residential uses. This asset offers: In-place income Value-add upside through rent repositioning Long-term redevelopment potential Its strategic location just minutes from Koreatown and Downtown Los Angeles makes it an ideal 1031 exchange opportunity, allowing investors to defer taxes while securing a high-demand urban asset. ?? INVESTORS INTERESTED: 1031 buyers Korean investors (VERY strong here) Private capital groups WELCOME!! “Great location, mixed-use” “High-traffic corner + 1031 + redevelopment upside + dense renter demand” ?? Now you’re speaking investor language.

Contact:

The Right Realty Group

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-03-18

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More details for 15003 Larch Ave, Lawndale, CA - Multifamily for Sale

15003 Larch Ave

Lawndale, CA 90260

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,770,480 CAD
  • 4,001 SF
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More details for 16720 S Dalton Ave, Gardena, CA - Multifamily for Sale

16720 S Dalton Ave

Gardena, CA 90247

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,909,004 CAD
  • 4,494 SF
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More details for 6908-6916 Warner Ave, Huntington Beach, CA - Retail for Sale

6908-6916 Warner Ave

Huntington Beach, CA 92647

  • 1031 Exchange Property
  • Retail for Sale
  • $4,543,587 CAD
  • 4,500 SF

Huntington Beach Retail for Sale

Located in a highly visible commercial district in Huntington Beach, this well-maintained 4,500 sq. ft. commercial building offers an outstanding owner-user or investment opportunity. Situated on a generous 17,958 sq. ft. lot with CG (General Commercial) zoning, the property allows for a wide variety of uses including retail, personal services, restaurants, offices, and auto-related businesses. The building is currently configured as two units consisting of approximately 3,100 sq. ft. and 1,400 sq. ft., though it was originally designed as three separate suites, offering flexibility for future reconfiguration or multi-tenant use. The property has been recently remodeled, featuring newer flooring, newer windows and updated bathrooms, creating a clean and modern interior suitable for a variety of business operations. Currently occupied by a dance studio and retail use, the property benefits from excellent exposure along Warner Avenue with strong traffic counts of approximately 39,800+ cars per day. The site includes 18 on-site parking spaces and enjoys a prime position within a thriving retail hub. Nearby national retailers and daily traffic drivers include Sprouts Farmers Market, The Home Depot, Carl's Jr., Starbucks, Ross Dress for Less, and the United States Postal Service, providing strong surrounding consumer activity and visibility. This is a rare opportunity to acquire a versatile commercial property in one of Orange County’s most active coastal markets with excellent demographics, high traffic exposure, and flexible zoning.

Contact:

First Team Real Estate

Property Subtype:

Freestanding

Date on Market:

2026-03-17

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More details for 4340-4346 Laurel Canyon Blvd, Studio City, CA - Retail for Sale

4340-4346 Laurel Canyon Blvd

Studio City, CA 91604

  • 1031 Exchange Property
  • Retail for Sale
  • $4,502,030 CAD
  • 6,374 SF
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More details for 44605 Via Vaquero, Temecula, CA - Land for Sale

Via Vaquero Rd Temecula, CA -Apn(936-110-028) - 44605 Via Vaquero

Temecula, CA 92590

  • 1031 Exchange Property
  • Land for Sale
  • $554,096 CAD
  • 5.09 AC Lot
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More details for 43921 Osgood Rd, Fremont, CA - Retail for Sale

43921 Osgood Rd

Fremont, CA 94539

  • 1031 Exchange Property
  • Retail for Sale
  • $4,155,720 CAD
  • 2,670 SF

Fremont Retail for Sale

The offering consists of a 2,670-square-foot single-tenant net-leased building situated on a 0.76-acre parcel in Fremont, California. The property is leased to Jack in the Box under an absolute triple-net (NNN) lease with ten (10) years remaining on the current firm term. Jack in the Box has occupied the location since February of 1999. In 2026, the tenant executed a new 10-year lease commencing February 12, 2026, with a scheduled expiration on April 3, 2036. The lease includes four 5-year renewal options along with 10% rental increases every 5 years, including the option periods. The building, originally constructed in 1999, has operated as Jack in the Box continuously since its development, underscoring the strength of this location for fast food-related tenants. The property is strategically positioned at the signalized intersection of Osgood Road and Auto Mall Parkway, just one block from the Interstate 680 / Auto Mall Parkway interchange and 1.3 miles from the Interstate 880 / Auto Mall Parkway interchange. This prime location benefits from heavy traffic, with over 47,000 vehicles per day along Auto Mall Parkway and 15,000 vehicles per day along Osgood Road. The site offers excellent visibility and convenient access. The property is part of a larger shopping center, known as the Skyway Plaza Shopping Mall, anchored by well-known retailers including Walmart, Dollar Tree, Panda Express, Great Clips, ToGo’s Sandwiches, and Chipotle Mexican Grill. Other tenants within the immediate area include Western Digital’s Magnetic Head Operations, Home Depot, Subway, Quiznos, and Starbucks.

Contact:

Marcus & Millichap Real Estate Investment Services

Property Subtype:

Fast Food

Date on Market:

2026-03-17

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More details for 1260-1278 Broadway, Sonoma, CA - Retail for Sale

1260 Broadway, Sonoma Ca 95476 - 1260-1278 Broadway

Sonoma, CA 95476

  • 1031 Exchange Property
  • Retail for Sale
  • $6,088,130 CAD
  • 8,810 SF

Sonoma Retail for Sale - Sonoma/Wine Country

Fully leased mixed-use investment property located along one of the most desirable commercial corridors in the city of Sonoma. Ideally positioned at the gateway to Sonoma, approximately one mile from the Historic Downtown Plaza, one of the most vibrant and sought-after downtown destinations in California, the property offers exceptional street presence and convenient access to the heart of downtown. Benefiting from the constant energy of a thriving tourism and hospitality destination, this prime location experiences steady pedestrian and vehicle traffic, further enhancing the property’s long-term stability and value. 1260 Broadway presents investors with strong, consistent cash flow and compelling long-term investment potential, making it an attractive opportunity for both seasoned investors and buyers seeking a strategic 1031 exchange. The property is currently generating approximately $299,208 in gross annual income. The ±8,810 SF building is configured with four residential units (each one bedroom / one bathroom) and six commercial spaces, providing diversified income streams within a single asset. Situated on an expansive ±27,000 SF lot, the property also features approximately 30 on-site parking spaces, an increasingly valuable amenity in this high-demand area. Sonoma is internationally celebrated for its world-renowned wineries, acclaimed restaurants, boutique shopping, scenic hiking and biking trails, and a lifestyle that blends historic charm with modern sophistication. The region attracts visitors from around the globe while maintaining a strong and loyal local community, creating year-round economic vitality that supports both residential and commercial tenancy. With established tenancy already in place, this asset delivers immediate income with long-term upside in one of Northern California’s most sought-after markets.

Contact:

Sotheby's International Realty

Property Subtype:

Freestanding

Date on Market:

2026-03-17

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More details for 2873 Studio Dr, Cayucos, CA - Multifamily for Sale

OCEAN-VIEW TRIPLEX - 2873 Studio Dr

Cayucos, CA 93430

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,601,624 CAD
  • 2,772 SF
  • Private Bathroom
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Cayucos Multifamily for Sale - Coastal SLO

Welcome to 2873 and 2971 Studio Drive, a rare luxury THREE UNIT coastal property on one of Cayucos’ most coveted streets, just steps from the sand. Situated on an oversized DOUBLE LOT, this exceptional offering consists of a legal duplex with one residence thoughtfully configured into two separate living spaces, creating three distinct residences in total. The property has been meticulously renovated throughout and delivers an impressive approximate $200,000 in gross annual rental income. The main residence offers a modern four-bedroom, two-bathroom layout that is currently separated into upper and lower living areas, each with its own kitchen and private access, connected by an interior door when desired. This flexible design allows the home to function as a single expansive coastal residence or as two independent living spaces, ideal for maximizing income potential or accommodating extended family. The interiors are highlighted by fireplaces, sweeping ocean views, and an open, light-filled layout designed for both everyday comfort and refined coastal entertaining. The second residence is a beautifully remodeled two-bedroom, one bathroom home featuring a gas fireplace and a private, resort-style backyard complete with a covered patio, tranquil water feature, and outdoor kitchen. This residence is perfectly suited for guest accommodations, multigenerational living, or premium rental use. A rare THREE-CAR GARAGE provides additional parking and storage, a highly sought-after amenity in this prime beachside location. With BEACH ACCESS just steps from the front door, panoramic coastal views, turnkey condition, and exceptional layout flexibility, this property presents a unique opportunity to enjoy the ultimate California beach lifestyle while benefiting from strong, proven rental performance. Live in one residence while generating income from the others, or create a stunning multigenerational coastal compound. Opportunities like this on Studio Drive are exceptionally rare and represent a compelling offering for buyers seeking luxury, versatility, and long-term value on the Central Coast.

Contact:

Keller Williams Realty Santa Barbara

Property Subtype:

Multi Family

Date on Market:

2026-03-16

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