$1,600,000
$1,650,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 01/13/2023
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Park View (Pkvw)
MLS Listing ID TR22222246
Sold Date 01/13/23
Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1972
Lot Size 8,276 Sqft
Property Description
Desirable North Orange County location! Four plex in a sought-after community next to Descanso Park. The property is a total of 4452 sf., blt 1972, on an 8149 sf lot. There is a front unit 3 bed 2.5 bath home with ground level entry. This home (unit 1) is vacant and faces the street and has no shared walls with the other 3 homes. A double door entry opens to a living room with laminate wood floors and a fireplace. The kitchen is open to the family room and there is a sliding door to a private patio area. Adjacent the family room is a half bath and direct entry to the attached two car garage and laundry hookups. Upstairs are 3 spacious bedrooms with a hallway full bathroom to service the 2 secondary bedrooms. A master suite with a dedicated bathroom and two closets. One is mirrored. There is a separate water closet (toilet) for privacy. This unit will be remodeled in early December with a new rent fetching appx $3200 per month. There is one 2 bed 1 bath upstairs home (unit 4) that sits above a common breezeway and the garages. It is one level with an open family room and nook to the kitchen and a hallway full bathroom and 2 bedrooms. It has a detached garage below. A longtime tenant pays $1150 per month. This home will eventually need updating and remodeling. Units 2 and 3 are both 2 bedroom and 1.5 bath 2 story homes that are mirror images and back to back. They share a common wall with one another. Unit 3 is in the middle and vacant, it is nicely remodeled and ready to rent to a new tenant. It should command $2500 per month or so. Ground level entry with laminate wood floors in the living room, a dining area adjacent the kitchen and a half bath. The kitchen has a gas range and large walk-in pantry. There is a sliding door to a private patio. 2 bedrooms and a full bathroom upstairs. Unit 2 is occupied and a similar floorplan with a longtime tenant paying $1000 per month. It is in average condition, eventually needing updating. There are a total of 6 garages, 4 of them are single car. 3 of the single car garages have laundry hookups. At the south end of the building is an additional open parking spot. These can be divided between units 2,3, and 4. There will be 4 vacant garages delivered to the new owner. The current two tenants now occupy 2 garages and the one open space at the south end. Additional street parking is first come first serve. No HOA dues.
Location
State CA
County Orange
Area 87 - La Habra
Interior
Interior Features Unfurnished
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type Gas, Gas Starter, Living Room, Wood Burning
Fireplace Yes
Appliance Dishwasher, Gas Range, Vented Exhaust Fan, Water To Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Garage Assigned, Door-Multi, Direct Access, Door-Single, Garage, No Driveway, Garage Faces Side
Garage Spaces 6.0
Garage Description 6.0
Fence Average Condition, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers In Front, Lawn, Landscaped, Level, Rectangular Lot, Sprinklers Timer, Sprinkler System, Street Level
Story 2
Entry Level Two
Foundation Slab
Sewer Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 30301202
Security Features Carbon Monoxide Detector(s),Firewall(s),Fire Rated Drywall,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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24251 Town Center Dr Suite 201, Valencia, California, 91355, United States