$10,225,000
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1.27 Acres Lot
SOLD DATE : 12/15/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21220353
Sold Date 12/15/22
HOA Y/N No
Year Built 1962
Lot Size 1.270 Acres
Property Description
Extremely rare opportunity to acquire a primarily single-story 24-Unit multifamily pride of ownership investment property. Comprised entirely of 1,000+ square foot two-bedroom/two-bath units. Eight individual 3-unit structures situated on a single 1.27 acre lot. Sixteen of the units are single story. Eight of the units are ‘carriage' style and sit over the garage parking. All units come with single or double car garage parking. Attractive amenity package includes controlled access parking, controlled access pedestrian, on-site laundry rooms, and large private balconies & patios. BEAUTFULLY MAINTAINED by long-term owner. 21.4% upside in current income stream. Highly desirable central Orange County location.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 32.0
Garage Description 32.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 38
Private Pool No
Building
Lot Description Lawn, Landscaped, Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 13337131
Energy Description 562.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Nathan Nguyen Best Realty & Finance, Inc.
