$1,700,000
$1,750,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 07/12/2024
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24110028
Sold Date 07/12/24
Construction Status Building Permit,Updated/Remodeled
HOA Y/N No
Year Built 2023
Lot Size 0.269 Acres
Property Description
Incredibly Rare 3-UNIT investment property nestled in the highly desirable neighborhood of Stanton. 3 Detached Single-Family Homes; 2 of which are fully remodeled in 2023 & 2024, and 1 Brand New ADU built in 2023.
Perfect investment opportunity with high rental income; total of $9,580 per month, for investors seeking maximum profit.
Unit 1 Fully Remodeled: Completed in May 2024 with permits, modern design elements and loaded with all-new upgrades. 3 beds/2 baths 1100SF, 2-car attached garage and driveway parking. Current Rent: $3,700/month.
Unit 2 Brand-New ADU: What sets this property apart is the addition of an ADU completed in November 2023; 3 beds/2 baths 1000 SF, 1-car attached garage and driveway parking. Current Rent: $3,490/month.
Unit 3 Fully Remodeled: Completed in November 2023 with permits, modern design elements and loaded with all-new upgrades. 2 bed/1 bath 570SF. Current Rent: $2,390/month.
All Units have permits; feature in-unit washer and dryer, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and much more upgrades. Total of 2 garages, providing added convenience for residents.
All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management.
Perfect 1031-exchange opportunity, investors, or a homeowners looking for additional rental income.
Location
State CA
County Orange
Area 61 - N Of Gar Grv, S Of Ball, E Of Knott, W Of Dal
Interior
Interior Features Quartz Counters, Recessed Lighting, All Bedrooms Down
Heating Central, Ductless
Cooling Central Air, Ductless
Flooring Vinyl
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Water Available
View Y/N Yes
View Neighborhood
Roof Type Shingle
Parking Type Driveway, Garage
Total Parking Spaces 9
Private Pool No
Building
Story 1
Entry Level One
Sewer Sewer Assessment(s)
Water Public
Architectural Style Modern
Level or Stories One
New Construction No
Construction Status Building Permit,Updated/Remodeled
Others
Senior Community No
Tax ID 12628117
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with James Bobbett • Circa Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "