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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
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,FHA
Property Type Res Income 2-4 Units
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.
Location
State CA
County Orange
Zoning Assessor
Direction W/Walker S/Crescent
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Probate Sbjct to Overbid
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Bought with Allen Kirschbaum Saddleback Rlty & Mortgage
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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