Rick Applebaum’s Post

16+1 UNITS | SANTA ANA | JUST LISTED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: The Hacienda Palms Apartments presents the opportunity to obtain an immaculately renovated 10,797 SF multifamily property that was built in 1957 and revitalized in 2013. The property boasts updated modern conveniences and overflows with curb appeal. Consisting of majority two bedroom units and sits atop wo parcels of land combining to an enormous 27,898 SF. This ample lot size provides multiple options to the new investor for ADU’s and individual sales of each parcel. HIGHLIGHTS: -Beautifully Maintained, Turnkey Property -70% Two Bedroom Units -Exceptional Rental Location Bordering Tustin -Newer Roofs, Windows, Decks, Balconies, Railings, Landscaping, Asphalt, Etc. (2013) -Majority of Interiors Renovated -Two Separate Parcels #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #santaana #1031exchange #morganskenderian #santaanarealestate #apartments #apartmentinvesting

4 UNITS | HUNTINGTON BEACH | JUST SOLD Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: Sold off-market, this fourplex is located in the coveted Huntington Harbor, just minutes away from stunning beaches, shopping centers, dining options, and top-rated schools. This charming multifamily residence was sold with 3 of the 4 interiors nicely renovated. Each unit is equipped with modern amenities, including garage parking, private balcony or patio, cozy fireplaces, dishwashers, and access to an on-site laundry room. HIGHLIGHTS: -Well Maintained Fourplex -3 our of 4 Interiors Renovated -Closed at 18.84 GRM and 3.3% CAP Rate -Off-Market Sale -Buyer Represented by Morgan Skenderian Investment Real Estate Group #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #huntingtonbeach #1031exchange #morganskenderian #huntingtonbeachrealestate #apartments #apartmentinvesting

8 UNITS | ANAHEIM | JUST LISTED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: 8-unit investment opportunity in the city of Anaheim. Home to one of the top rental markets in Orange County featuring almost 60% renters making it extremely desirable for investors. The subject has recently been renovated with new interiors & exterior. This opportunity features new exterior paint, landscaping and vinyl windows. Interiors offer new kitchens, bathrooms and flooring. Amenities include a gated community courtyard, garage parking and on-site laundry. HIGHLIGHTS: -Absolute Pride of Ownership, Turn-Key Property -Major Renovation Completed on Exterior & Interiors -Garages For Every Unit -Ideal Rental Location Near Schools & Major Employment -Plans in Place to Convert Two Garages to ADUs #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #anaheim #1031exchange #morganskenderian #anaheimrealestate #apartments #apartmentinvesting

3 UNITS | COSTA MESA | JUST LISTED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: Pride-of-Ownership triplex located in the coveted Costa Mesa market. The property is comprised of (1) 3-Bedroom/2-Bathroom unit, and (2) 2-Bedroom/1.75-Bathroom townhouse-style units. Paularino Elementary School and Paularino Park are just down the street, while South Coast Plaza, Orange Coast College, the OC Fair & Events Center, and John Wayne Airport are all within a few minutes a drive. This is a turnkey asset with strong in-place rents. HIGHLIGHTS: -Pride-of-Ownership, Turn-Key Asset -Minutes to South Coast Plaza and OC Fairgrounds -Extensively Remodeled 2 and 3-bedroom Units -New Paint and Landscaping -Garage Parking, Patios, & Washer and Dryer Hookups #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #costamesa #1031exchange #morganskenderian #costamesarealestate #apartments #apartmentinvesting

20 UNITS | SANTA ANA | JUST SOLD Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com. ABOUT THE PROPERTY: Well-maintained 20-unit apartment building located in the vibrant heart of Santa Ana. This property features 100% one-bedroom/one-bathroom units, each thoughtfully designed to provide comfort and convenience. The spacious living areas and modern kitchens create a welcoming atmosphere. The building offers an on-site laundry room and designated parking for added convenience. Situated close to top-rated schools, parks, shopping centers, and public transportation, presents an excellent investment opportunity in a desirable location. HIGHLIGHTS: -Well Maintained Bread and Butter Asset -All New Electrical Panels and Many Interior Upgrades -All One-Bedrooms -Closed at 5.1% CAP Rate & 12.76 GRM on Current Rents -Projected ±37% in Rental Upside -Buyer Represented by Morgan Skenderian Investment Real Estate Group #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #santaana #1031exchange #morganskenderian #santaanarealestate #apartments #apartmentinvesting

16 UNITS | SANTA ANA | PRICE REDUCED $200,000! Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: MOTIVATED SELLER, PRICE REDUCED $200,000! This property features (16) spacious 1BR/1BA-Jr. units, averaging ±700 SF. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. -9.3% CAP Rate on Market Rents -Large One-Bedroom Jr.’s Averaging ±700 SF -Built in 1979 -Approximately $104,000 in Recent Capital Improvements -Community Garage Parking, Patios, Balconies, A/C -$212,188 Price Per Unit and $271.47/SF #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #santaana #1031exchange #morganskenderian #santaanarealestate #apartments #apartmentinvesting

8 UNITS | LONG BEACH | $85,000 PRICE REDUCTION! Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com. ABOUT THE PROPERTY: Priced at $214,375/unit, this property is one of the more affordable deals on the market. Through modernization of the units and increases on current rents that are projected to be 53% below market, this property offers exceptional future cash-on-cash returns. HIGHLIGHTS: -All Two-Bedroom Units -RUBS System in Place -On-Site Parking -Newer Roof -Projected 53% in Rental Upside -8.8% CAP Rate on Market Rents

8 UNITS | BUENA PARK | PRICE REDUCED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: The property has an attractive unit mix featuring (8) single-story, two-bedroom units and each unit has its own private yard, single-car garage and washer/dryer hookups. Most of the units have been renovated throughout with new windows, quartz counter tops, and tile floors. -All Two-Bedroom Single-Story Units -Substantial Upside in Rents -Excellent Assumable Financing Available; Fixed Rate at 3.35% -Washer/Dryer Hookups -Private Yards #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #buenapark #1031exchange #morganskenderian #buenaparkrealestate #apartments #apartmentinvesting

5 UNITS + 2 RETAIL | LAGUNA BEACH | JUST CLOSED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: Nestled in The Village, the property is surrounded by cafes, restaurants, and boutique retail shops. It is also just steps from both St. Ann’s Beach and Thalia Street Beach. With frontage along Coast Highway, the retail component is an estimated 800 square feet, and is currently utilized as two separate storefronts – a hair salon, and a jewelry store. Perched above that are (5) one-bedroom apartments, with peek-a-boo ocean views from select units, a common courtyard area, and patio or balcony space for each unit. -Coveted Coast Highway Address -WalkScore ® of 92 – Walker’s Paradise -Located in the Heart of The Village -Approximately 300 Feet from Beach Access -Closed at 27.92 GRM and 1.9% CAP Rate -Seller Represented by Morgan Skenderian Investment Real Estate Group #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #lagunabeach #1031exchange #morganskenderian #lagunabeachrealestate #apartments #apartmentinvesting

4 UNITS | FULLERTON | JUST LISTED Contact Rick Applebaum of Morgan Skenderian Investment Real Estate Group for more information. 949.500.5099 or rma@morganskenderian.com ABOUT THE PROPERTY: 1980’s constructed 4-plex in the heart of Downtown Fullerton. Subject property boasts a unique unit mix of (1) 3BR/2.5BA townhome, (1) 2BR/2BA townhome, and (2) large 1BR/1BA units. Built with condo quality construction and the three bedroom townhome has a direct access double car garage making it ideal for an owner occupant. Amenities for the units include enclosed patios and or balconies, garage parking, central AC and heat, dishwashers, vaulted ceilings, and laundry hookups. Kitchens and bathrooms have been tastefully remodeled with newer cabinets and stone countertops. HIGHLIGHTS: -Excellent Unit Mix of 1, 2, and 3 Bedroom Units -Updated Kitchens and Bathrooms -Newer Construction -Steps to Downtown Fullerton -Recent Plumbing Upgrades -Laundry Hookups -Patios, Balconies, Garage Parking, Central HVAC, Laundry Hookups, Dishwashers, Vaulted Ceilings #multifamily #multifamilyinvesting #multifamilyrealestate #rentalproperty #orangecountyrealestate #apartmentinvesting #commercialrealestate #investmentrealestate #fullerton #1031exchange #morganskenderian #fullertonrealestate #apartments #apartmentinvesting