$1,700,000
$1,750,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
SOLD DATE : 07/12/2024
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24110028
Sold Date 07/12/24
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Incredibly Rare 3-UNIT investment property nestled in the highly desirable neighborhood of Stanton. 3 Detached Single-Family Homes; 2 of which are fully remodeled in 2023 & 2024, and 1 Brand New ADU built in 2023. Perfect investment opportunity with high rental income; total of $9,580 per month, for investors seeking maximum profit. Unit 1 Fully Remodeled: Completed in May 2024 with permits, modern design elements and loaded with all-new upgrades. 3 beds/2 baths 1100SF, 2-car attached garage and driveway parking. Current Rent: $3,700/month. Unit 2 Brand-New ADU: What sets this property apart is the addition of an ADU completed in November 2023; 3 beds/2 baths 1000 SF, 1-car attached garage and driveway parking. Current Rent: $3,490/month. Unit 3 Fully Remodeled: Completed in November 2023 with permits, modern design elements and loaded with all-new upgrades. 2 bed/1 bath 570SF. Current Rent: $2,390/month. All Units have permits; feature in-unit washer and dryer, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and much more upgrades. Total of 2 garages, providing added convenience for residents. All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management. Perfect 1031-exchange opportunity, investors, or a homeowners looking for additional rental income.
Location
State CA
County Orange
Zoning Builder
Direction Beach Blvd / Ball Rd
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Bought with James Bobbett Circa Properties, Inc.





