$990,000
$1,150,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
6,098 Sqft Lot
SOLD DATE : 08/31/2022
Key Details
Sold Price $990,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22151844
Sold Date 08/31/22
Bedrooms 6
HOA Y/N No
Lot Size 6,098 Sqft
Property Description
Classic "value-add" Orange County four-plex apartment building on a street with other small buildings and single-family homes. The building offers abundant parking, garages, onsite laundry, and the unit mix consists of two 2-bedroom units and two 1-bedroom units. The leases are all month-to-month agreements, and many of the spaces are occupied by long-term tenants. There is some differed maintenance as the new owner will benefit from substantial upside in the rents and property value.
Classic "value-add" Orange County four-plex apartment building on a street with other small buildings and single-family homes. The building offers abundant parking, garages, onsite laundry, and the unit mix consists of two 2-bedroom units and two 1-bedroom units. The leases are all month-to-month agreements, and many of the spaces are occupied by long-term tenants. There is some differed maintenance as the new owner will benefit from substantial upside in the rents and property value.
Location
State CA
County Orange
Area Oc - La Habra (90631)
Zoning Public Rec
Building
Lot Description Curbs
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash
Space Rent $1,100
Listing Terms Cash
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Bought with Sammer Mudawar • THE Brokeredge