$1,935,000
$1,935,000
For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
0.33 Acres Lot
SOLD DATE : 09/30/2022
Key Details
Sold Price $1,935,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22000907
Sold Date 09/30/22
Bedrooms 7
HOA Y/N No
Lot Size 0.332 Acres
Property Description
Nice 5 unit building on one level and large lot. 1-Four bedroom, one and a half bathroom owners type unit, 3- Two-bedroom, one-bathroom units, 1- Studio with one bath unit. 5 Separate single-car garages. 5 separate parking spaces. This building has been an Alcohol Recovery facility for 25 plus years. Pulls in $12,400 per month in gross rental receipts, very smooth operation, very quiet, the resident manager runs the place very efficiently and he'd like to stay, the owner is currently paying for all utilities, the new owner could easily increase net income by having the tenants' pay utilities. There are 4 separate meters for each utility service Please do not disturb occupants.
Nice 5 unit building on one level and large lot. 1-Four bedroom, one and a half bathroom owners type unit, 3- Two-bedroom, one-bathroom units, 1- Studio with one bath unit. 5 Separate single-car garages. 5 separate parking spaces. This building has been an Alcohol Recovery facility for 25 plus years. Pulls in $12,400 per month in gross rental receipts, very smooth operation, very quiet, the resident manager runs the place very efficiently and he'd like to stay, the owner is currently paying for all utilities, the new owner could easily increase net income by having the tenants' pay utilities. There are 4 separate meters for each utility service Please do not disturb occupants.
Location
State CA
County Orange
Area Oc - Cypress (90630)
Zoning Assessor
Interior
Appliance Forced Air Unit
Exterior
Garage Unit1:Assigned
Roof Type Composition
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA
Space Rent $3,000
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Probate Sbjct to Overbid
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Allen Kirschbaum • Saddleback Rlty & Mortgage