Property Info

Property Types :Multifamily

Price :975000

Number Of Room :8

Number Of Bath :8

Square Footage :

Lot Size :

Garage :9

Year Built :1965

School District :

House Description:

This a a very well maintained, high cash-flowing property consisting of (8)eight One Bedroom/One Bath units. The building is located on an unusually spacious lot on a very wide and open cul-de-sac. This high demand rental area rarly sees a vacancy and is pleasantly quiet. Most of the tenants are Section 8 HUD leases with GUARANTEED rents. Take a look at the numbers, all evaluated income and expenses are noted. Separately metered for electricity. Flooring is either ceramic tile or 'Pergo' type wood. AT A 7.23CAP, this property throws off more than 7.52% Cash on Cash return. It's a particularly good investment in central OC. A full marketing brochure is available upon request. With rents projected to increase by 12% this coming year in Orange County, the return is expoentially affected. Invest now for the rewards you can't find in banks or the stock market. 

 

  • Address
    City
    State
    Zip
    Zestimate
    One Week Change
  • 1115 W Fay Ln
    Anaheim
    CA
    92805
    $2211254
    $0
  • 12441 Groveview St
    Garden Grove
    CA
    92840
    $1021319
    $0
  • 7282 21st St
    Westminster
    CA
    92683
    $912467
    $0
  • 7691 14th St
    Westminster
    CA
    92683
    $1374041
    $0
  • 13551 Arizona St
    Westminster
    CA
    92683
    $1227192
    $0
  • 13101 Monroe St
    Garden Grove
    CA
    92844
    $1267215
    $0
  • 8209 Larson Ave
    Garden Grove
    CA
    92844
    $1115223
    $0
  • 8541 Gloria Ave
    Garden Grove
    CA
    92844
    $1174520
    $0
  • 13271 Verde St
    Garden Grove
    CA
    92844
    $1265845
    $0
  • 13262 Fletcher St
    Garden Grove
    CA
    92844
    $1150156
    $0