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Key Details
Sold Price $19,025,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22111244
Sold Date 10/05/22
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
Village Courtyard Apartments is a 58-unit, value-add multifamily investment property located in Stanton, CA. Built in 1971, Village Courtyard Apartments offers a desirable unit mix consisting of one, two, and three-bedroom floor plans. The property offers amenities including controlled access, a swimming pool, well-maintained landscaping and exterior, surface, garage, and carport parking, and on-site laundry. Additionally, there is ample opportunity for a new owner to begin a comprehensive renovation plan that should generate a substantial increase in rental income. Village Courtyard Apartments has an excellent north Orange County location, placing the property in close proximity to some of Orange Countys most popular attractions, such as Knotts Berry Farm and Disneyland. Additionally, the property is within a 0.70-mile radius of all three levels of schooling. The property is located 1.40 miles from The Promenade, providing residents with convenient access to shopping, dining, and entertainment options. Furthermore, the property is located adjacent to Beach Boulevard and just over 1.30 miles from State Route 22, providing residents with easy access to employment hubs throughout Orange County.
Location
State CA
County Orange
Zoning Assessor
Direction Nearby Cross Streets: Bever Place & Beach Boulevard
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
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Bought with Tyler Leeson Marcus & Millichap RE Invest
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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