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Listed by Carmen Abram Tawfik • T.N.G. Real Estate Consultants
$1,698,000
Est. payment /mo
3,043 SqFt
UPDATED:
11/12/2024 05:16 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,043 sqft
Price per Sqft $558
MLS Listing ID CRPW24206655
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1986
Lot Size 9,583 Sqft
Property Description
IN 1986, BACK house SFR (5 bedrs & 3 Full Bath) including 2 interior units was build. Original FRONT single family House (2 beds & 1 FULL Bath) build 1931, sitting on a LARGE Lot approx 9,583 sq.ft ** In 2022 MAJOR REMODEL for both houses was done. You can reach CAP rate 8% and INCREASE your income substantially approx $40,000 annually by adding ONE ADU (2 bedroom Unit) and Build an addition to the FRONT HOUSE (pls check supplements) * Each house is SEPARATELY metered for gas, electric and water. Currently there are 3 units (legally 2) * YOU CAN END UP with FOUR spacious units on This LARGE lot. Seller has APPROVED PLANS from the city & Building PERMIT * Now they are TWO HOUSES, 7 bedrooms, 4 FULL bathrooms & 5 car garage. You can have (5 extra rooms) by adding 3 more bedrooms & converting 2 rooms of the existing house. * BOTH HOUSES have NEW Paint, double-pane windows, floors w/ baseboard everywhere & light fixtures. NEW tub, vanity & toilet. NEW kitchen cabinets, countertops, plumbing fixtures ** FRONT house is one level w/ 2 bedrooms & one FULL bath, full kitchen & 2 ATTACHED car garage ** BACK house is a 2 story house with 3 car garage, inside there are TWO SEPARATE units with SEPARATE stairs ** Unit ONE (can be 5 bedrooms) consists of TWO story, 2 detached garage ** DOWNSTAI
Location
State CA
County Orange
Interior
Heating None
Cooling No Air Conditioning
Flooring Laminate, Tile, Vinyl
Fireplace No
Appliance Gas Water Heater, Tankless Water Heater
Laundry Common Area, In Garage, Laundry Room
Exterior
View None
Handicap Access Other
Parking Type Int Access From Garage, Other
Building
Water Public
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