$1,699,000
PLEASE DO NOT GO DIRECT OR DISTURB TENANTS OR TRESPASSER. Perfect for Multi-Generation Family. Great Investor Opportunity, IMMEDIATE INCOME and good tenants. Estimate 5.9 % Cap rate. Rare turnkey four (4) structures. Total living SF is 4,905 at low price of $349/SF. Sits on huge 21,000 SF lot with junior ADU potential with utility connection ready. It has dual street access from Cypress Ave and Manzanita Ave, and the property can be split into 2 lots. All nice concrete drive-way and parking spaces. All units are updated and upgraded with luxury finishes- the most beautiful rentals in the area. Recently upgraded- new back iron gates, vinyl fences/gates, fully paved concrete, 5T HVAC system, irrigations. Too many extra upgrades to list such as electrical, plumbing, etc. 1) Main House 2,085 SF 4 Bedrooms and 3 Bathroom with attached Gen-Suite. 2) Guest House 1,080 SF 2 Bedrooms and 2 Bathrooms. 3) New ADU 1,260 SF 3 Bedrooms and 2 Bathrooms with attached 2-Car Garage and Solar Panels. 4) Garage Conversion Studio 480 SF 1 Bedroom and 1 Bathroom. COMPS: Recent sold price per SF: 1) 9607 Cypress @ $335/SF - 2) 18264 Pine @ $409/SF - 3) 17055 San Bernardino @ $358/SF. Seller 1031 Exchange. PLEASE DO NOT GO DIRECT OR DISTURB TENANTS OR TRESPASSER.
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Listed by Anhdy Tuan-Nguyen with Coldwell Banker Platinum Prop (949) 552-0505
Property Type
Quadruplex
Status
Active
MLS Number
OC26052287
Year Built
1954
Lot Size
0.48 acres