Tremendous investment opportunity!!! This charming single story fourplex has great curb appeal, excellent location, large lot, numerous upgrades, and strong pro forma rental income. This single story fourplex has an exceptional location at the end of the cul-de-sac with the added benefit of access to the side and back of the units.***** Unit #1 - has 2BR/1BA with upgraded windows, fireplace in living room, and separate dining area with upgraded sliding glass door that leads to a large covered enclosed patio.***** Unit #2 - has 1BR/1BA with upgraded windows, attractive wood grain tile flooring, upgraded bathroom cabinet/sink/faucet, large kitchen with corian looking counters, large living room and dining area with upgraded sliding glass door that leads to a large enclosed patio.***** Unit #3 - has 3BR/3BA with upgraded windows, central air-conditioning, newer kitchen cabinets, crown molding & baseboards, wainscoting, recessed lighting, plantation shutters, and large enclosed patio. This is a perfect unit for an owner-occupant to reside while receiving rental income on the other three units. In addition, this unit could be simply modified back to its original configuration of 3BR/2BA by adding a bedroom and bathroom back to the adjacent unit making unit #2 back to its original 2BR/2BA.***** Unit #4 - has 2BR/1 BA with upgraded newer windows, large kitchen opens to living room and dining area, upgraded sliding glass door leads to a large enclosed patio.***** Additional features include great cul-de-sac location, 5 car garage with dividers, separate electric and gas meters, each unit has separate laundry areas, and beautifully landscaped grounds. Plus, this highly desirable fourplex has a convenient location to Knotts Berry Farm, schools, shops/restaurants, and freeway access. ***** Furthermore, there's a tremendous potential to increase the total Pro Forma Rent to $11,400/mo ($136,800/year) after modify unit/bath count in unit #2 and unit #3 as indicated above.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
10,454 sq. ft.971 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1962
(Age: 64)
General Listing Location:
Anaheim, 79 - Anaheim West of Harbor
County Or Parish:
Orange
Tenant Pays:
Cable TV, Electricity, Telephone
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$126,000
Net Operating Income:
$66,774
Rent Control:
No
Total Actual Rent:
$68,040
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
1800.0
Insurance Expense:
$3,548
Operating Expense:
$12,095
Other Expense:
$3,871
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
10
91 Fwy, exit South on Beach Blvd, right on Crescent, left on Grand, and left on Coolidge
Floor
Type
Size
Other
-
Bedroom
Measurements not available
Bedroom on Main Level
-
Other
Measurements not available
-
-
Bedroom
Measurements not available
All Bedrooms Down
View:
None
Appliances:
Water Heater
Number of Buildings:
1
# of Electric Meters:
5
# of Gas Meters:
5
# of Water Meters:
1
Community Features:
Curbs, Sidewalks
Senior Community:
No
Interior Features:
All Bedrooms Down, Bedroom on Main Level
Laundry Features:
See Remarks
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Lot Features:
Cul-De-Sac, Lawn, Landscaped
Fireplace Features:
Living Room
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
Ground
New Constr.:
No
Flooring:
See Remarks
Common Walls:
2+ Common Walls, No One Above, No One Below
# Units:
4
Heating:
Forced Air
Fireplace:
Yes
Cooling:
See Remarks
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected