This is a stand-alone single-story Ranch style building that is one condominium unit with three separate (A, B, and C.) 2 bed, 1 ¾ bathroom apartments with a walk-in laundry room/Pantry, a huge (23 ft. X 18 ft.) Great Room, wall ac units, and 4 assigned garage parking spaces; features that make these rental units earn higher rents and lower vacancies than other 2 bedroom rentals. This income producing property is ideal for Income investors who want minimum management headaches - the owner does not have to manage the maintenance and repairs of the swimming pool, park-like common areas, laundry room, and garages for each apartment. The property owner will also not have to pay for insurance, patrol service, painting, roofs, or any exterior maintenance and repairs - all paid by and managed by the HOA. The monthly HOA dues are less than the cost of all services if there were no HOA. This income property has a GRM of 16.67 and a Cap Rate of 5.03%; both favorable numbers compared to similar properties.Drive by only, subject to interior inspection.
|
DAYS ON MARKET
|
61
|
LAST UPDATED
|
2/27/2024
|
|
TRACT
|
,Holiday Harbor II
|
YEAR BUILT
|
1964
|
|
COMMUNITY
|
Anaheim East of Harbor
|
GARAGE SPACES
|
4.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Call for Rules, Controlled Access, Insurance, Maintenance Grounds, Management, Other, Pool, Trash, Water |
| APPLIANCES |
Disposal, Electric Range |
| AREA |
Anaheim East of Harbor |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Assigned, Garage, No Driveway, Private, Yes |
| HEAT |
Radiant |
| HOA DUES |
735 |
| INTERIOR |
All Bedrooms Down |
| LOT |
3776 sq ft |
| PARKING |
Assigned,Garage,No Driveway,Private |
| POOL |
Yes |
| POOL DESCRIPTION |
Fenced,In Ground,Association |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
,Holiday Harbor II |
| UTILITIES |
Electricity Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with T.N.G. Real Estate Consultants
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 4/27/24 6:39 PM 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
This IDX solution is (c) Diverse Solutions 2024.
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