Property listed by R L M Equities, Randall Mycorn 949-573-5309
$1,742,500
HIS PRIDE OF OWNERSHIP TURNKEY FOURPLEX IS LOCATED BLOCKS FROM SOUTH COAST PLAZA AND IS PRICED TO SELL! PRICED AT A 5.64 CAP RATE AND 12ZGRM. THE BUILDING HAS A BRAND NEW ROOF INSTALLED IN 2024! ALL FOUR UNITS HAVE BEEN FULLY RENOVATED TO INCLUDE THE FOLLOWING: VINYL FLOORING,… Read More NEW SUB PANELS, NEW COUNTERTOPS AND CABINETRY, RE-GLAZED TUBS, NEW BATHROOMS, DUAL PANE VINYL WINDOWS, NEW PAINT AND ELECTRIC FIXTURES, SOME UNITS HAVE BRAND NEW HEATING SYSTEM. ALL UNITS ARE TWO BEDROOM TOWNHOME STYLE WITH PRIVATE PATIOS AND ARE LEASED WITH A GARAGE. RUBS IMPLEMENTED, MAKING THIS AN EXTREMELY LOW EXPENSE HIGH CASHFLOWING ASSET! Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1961
MLS Number
NP25171274
30 Days Snapshot Of 92707
$721k
-9%
(avg) sold price
2
-86%
homes sold
31
-58%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Building area total: 3,963, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Suburban
Expenses
Electric expense: $478, Fuel expense: $370, Gardener expense: $1,200, Insurance expense: $2,774, Maintenance expense: $1,400, New taxes expense: $21,439, Operating expense: $34,767, Trash expense: $4,066, Water sewer expense: $1,676, Other expense: $400
Garage
4 spaces
Income
Gross income: $6,492, Net operating income: $98,227
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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