Homes You Can Refurbish, Rent Out, Flip, or Live In

September 23rd, 2016 at 11:00 am

If you’ve ever considered owning a second home for vacation purposes, as a source of income or investing, or buying a home to flip it, you should definitely do some research first. Once you’ve determined that buying a second property is something that you’d like to do, your initial step is to consult a licensed real estate agent who can advise you and walk you through the process smoothly.

To get you started, we found a few properties located in ideal places for owning a second home or a rental property. And, if you’re just looking for a property to use as your primary residence, any one of these would be a perfect choice.

Laguna Beach | $2,250,000

This oversized beach cottage is the perfect weekend getaway for you and your family and closest friends. When you’re not enjoying the panoramic ocean views and gorgeous sunsets, this property would be perfect to rent out on AirBnb or lease for a few months of the year. With two bedrooms, three bathrooms, and lots of space that can be converted or used as an extra bedroom, this home is perfect for bringing friends and families together for a long weekend.

San Diego | $1,750,000

Though this home is already immaculate, it presents ample opportunities for upgrades that will only increase its value. The large ocean-view deck and spacious kitchen make it perfect for hosting guests, who will love that it is located just three blocks from the ocean.

Corona del Mar | $1,660,000

If you’re looking for a home to spend your summers by the beach in or rent out for a little extra cash, then this luxury condo might be just the right fit. It comes completely furnished and was recently renovated. It also has a one-car garage perfect for storing all your beach gear year round, and two parking spots that will help you avoid the crazy summertime parking.

Los Angeles | $779,000

This gorgeous bungalow has been re-imagined and renovated, and is located in the sought-after community of Highland Park. The large backyard and tastefully renovated interiors will make you want to call it home, but those same features make it great to lease when you’re ready to move on to something bigger.

Ventura | $549,000

For such a great price, you can own a property that is located less than a block from the beach. This home has potential for upgrades that will make it even more desirable for leasing or even selling to a new owner. Or, you can use it as your family’s and friends’ private little beach getaway!