*Highly Honored to Present Rarely Found Newly Built in 2018 * Big Potential - Possibility to convert from 10 Units to 10 Condominiums - Buyers verify with City! * Right now the Cap rate is around 4.4. Current market rent is much higher, after increasing, the Cap Rate might be around 5.3 * Tri- Level Townhouse Style 10 Unit New multifamily, All 10 Units Separately Metered for Gas, Electric, and Water! * CLASS A BUILDING! * Location, Location, Location! * Very Easy to Rent Out Due to Location * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! * Great Tenants with Great Rent, & still has Much More Potential! * Situated on Almost Half an Acre Lot * The Property Consists of 2 Owner Style Units of 4 Bed/ 2.5 Bath with 3 Car Garage each Unit, and 8 Units of 4 Bed / 2 Bath each, the pics showing newly remodeled is for one unit * The 10 Townhome Units Offer Ample Storage, New Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * The units are Equipped with Newer Interior Finishes which Include Granite Counter Tops, Wooden Cabinets, and Beautiful Flooring Throughout * Each unit has Their Own Private Garage, Balcony * All units are Multi-Level * * Pics were taken in 2018 / 2019 year * BOTH SELLERS AND LISTING AGENT ARE NOT AWARE WHETHER IT'S UNDER RENT CONTROL OR NOT, BUYERS TO VERIFY WITH CITY TO SATISFY! * Don't miss this great investment opportunity!
|
DAYS ON MARKET
|
92
|
LAST UPDATED
|
3/17/2022
|
|
TRACT
|
Other (OTHR)
|
YEAR BUILT
|
2018
|
|
COMMUNITY
|
Placentia
|
GARAGE SPACES
|
12.0
|
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Washer |
| AREA |
Placentia |
| GARAGE |
Yes |
| LOT |
0.43 acre(s) |
| LOT DESCRIPTION |
6-10 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Unknown |
| SUBDIVISION |
Other (OTHR) |
| WATER |
Other |
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Listed with IRN Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/24 7:52 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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