PRICE $1,995,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,533 sqft
LOT SIZE 8,273 sqft

EXCELLENT FINANCING OPPORTUNITY!!! .........SELLER WILL CARRY THE FIRST TRUST DEED LOAN, and close quickly if needed, on this EXCEPTIONALLY WELL LOCATED SPICE STREET 4-PLEX IN ONE OF THE BEST LOCATIONS IN THE TRACT. The last sale in the tract is located directly across the street from the subject property and closed escrow on 10/8/21 at the price of $2,097,950. The subject property, although in need of upgrading, is well worth the Seller's asking price and provides a great value add opportunity for the Buyer. The property is being SOLD "AS IS". The Seller will even consider an offer from your Buyer who may want to 1031 Exchange there single family rental property into this 4-Plex providing the single family rental is in good condition and has a good tenant in place at or near market rent. To the rear of the property is a nice, clean single loaded concrete alleyway. The property offers an Excellent Unit Mix with (1) single story ground floor 3br-2ba /fireplace unit with no one above and (3) 2br - 1 3/4ba units. The front tenant has been in the unit for almost 50 years. There are 2 double garages and 1 single garage. The rent for unit "C" does not include tenant having a garage. This building is at the end of the block with lots of open space to the west of this property creating a very open-air feeling for the tenants. Rents quoted become effective Jan 1, 2023. Projected rents shown assume units being nicely remodeled. Please, please "DO NOT DISTURB TENANTS" Hurry to take advantage of the many benefits offered by this proper/Listing.

DAYS ON MARKET 75 LAST UPDATED 2/15/2023
TRACT Other (OTHR) YEAR BUILT 1965
COMMUNITY Mesa Verde GARAGE SPACES 5.0
COUNTY Orange STATUS Sold
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Mesa Verde
FIREPLACE Yes
GARAGE Yes
HEAT Central
LOT 8274 sq ft
LOT DESCRIPTION Sprinklers In Front
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Other (OTHR)
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with New Dimension Investment Prop

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