Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
3,018 Sq Ft
0.54 Private Acres Exterior Space
Investment
Built in 1955
MLS/Listing ID OC25102486
1 Stories
3 Units
Gas Oven
Gas Range
Community - Rural
Living Room Fireplace
Laminate
All Bedrooms Down
Washer Hookup
Gas Dryer Hookup
Inside
Laundry Room
Lot - Backyard
Lot - Level
Lot - Rectangular Lot
Parking - Driveway
Parking - Paved
Listing Courtesy of CASA BLANCA REALTY, LAWRENCE ERICKSON
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE