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Classic International Properties is presently
offering a unique, beachfront investment opportunity to accredited investors, as Tenants In Common investment. You can own
an interest in a California beachfront property located in prestigious
Newport Beach, California starting at $100,000.
Tenants in Common
investments offer investors the higher yield and leverage benefits of
larger investments and the equitable interest ownership and tax advantages
of a sole proprietorship including 1031 tax deferred exchange, passive
income, monthly cash flow, the appreciation of California beachfront
property, sheltered cash flow by depreciation, and the potential as a
condominium.
Located in the beautiful Balboa Peninsula, on the sand,
adjacent to the boardwalk, this multi-residential investment property,
with three two bedrooms, two bathrooms, luxury beach home with spectacular
panoramic ocean views of the surf, sand, and Catalina
sunsets.
Newport Beach is one of the top world travel destinations
and is the center of the California Gold Coast. All major attractions are
a walk or short drive away. Also, Newport Beach has one of the highest
annual appreciation rates on the California Coast.
Click on the image to the right to view
pictures, floor plans, and a description of 510 E. Oceanfront, Newport
Beach, California, one of our unique multi-unit beach house
investments.