Excellent investment opportunity! This spacious quadruplex features four 2-story units, each offering 2 bedrooms and 1.5 bathrooms, central heating, private patios, and laminate flooring throughout. Units 2, 3, and 4 have been updated within the past year with newer interiors and modern cabinets, while Unit 1 remains in original condition—offering… Read More potential for added value with future upgrades. None of the units have A/C, but all are well-maintained. The property is fully tenant-occupied, including long-term and Section 8 tenants. All rents paid on time. Tenants cover their own electricity and gas. Additional features include: 1. Coin-operated community laundry. 2. Three assigned parking spaces per unit, plus two guest spots. Convenient access to 22, 5, and 57 freeways. Close proximity to Santa Ana College and Costco. Don’t miss this turnkey investment with reliable cash flow and room to increase value! Read Less
Property listed by eXp Realty of California Inc, Malvin Le 714-742-0586
Listing Snapshot
Days Online
62
Last Updated
Property Type
Quadruplex
Lot Size
0.24 Acres
Year Built
1961
MLS Number
OC25084365
30 Days Snapshot Of 92843
$1.11M
+12%
(avg) sold price
10
+11%
homes sold
54
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Community
StreetLights, Urban
Building
Built in 1961, Building area total: 3,706, Levels: Two, 2 stories, 1 building, Architectural style: PatioHome, Attached, Common walls: TwoCommonWallsOrMore
Expenses
Electric expense: $540, Insurance expense: $2,652, Maintenance expense: $960, Operating expense: $7,579, Trash expense: $397, Water sewer expense: $2,970, Other expense: $1,020
Floors
Laminate
Income
Gross income: $96,000, Net operating income: $88,421
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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