First time on the market in over 41 years. Current rents are substantially below market rent, providing tremendous rental income upside for the Buyer. More upside revenue potential with the Laundry Room. Currently, there the laundry machines are free of charge to the tenants. Rare private… Read More garages for each tenant. Another potential source of additional income. RECENT IMPROVEMENTS: All new garage doors installed April 2024. New roof installed March 2018. Upgraded electrical panel and system. Proforma Cap Rate is 7.98% Request offering memorandum from broker for complete details. Read Less
Property listed by Lee & Associates Realty Group, John Gessford 949-278-6645
Listing Snapshot
Days Online
166
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1952
MLS Number
OC25202494
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1952, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: side
ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected, Water Source: Public, 5 separate electric meters, 5 separate gas meters, 5 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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