Cesar & Nicole
Seven Gables Real Estate
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- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- NP25077547
- Year Built:
- 1961
- Photos (23)
- Schedule / Email
- Send listing
- Mortgage calculator
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HIGHEST CAP RATE IN ORANGE COUNTY @ 7%! THIS PRIDE OF OWNERSHIP TURNKEY FOURPLEX IS LOCATED BLOCKS FROM SOUTH COAST PLAZA AND IS PRICED TO SELL! BRAND NEW ROOF WAS JUST INSTALLED! ALL FOUR UNITS HAVE BEEN FULLY RENOVATED TO INCLUDE THE FOLLOWING: VINYL FLOORING, NEW SUB PANELS, NEW COUNTERTOPS AND CABINETRY, RE-GLAZED TUBS, NEW BATHROOMS, DUAL PANE VINYL WINDOWS, NEW PAINT AND ELECTRIC FIXTURES, SOME UNITS HAVE BRAND NEW HEATING SYSTEM. ALL UNITS ARE TWO BEDROOM TOWNHOME STYLE WITH PRIVATE PATIOS AND ARE LEASED WITH A GARAGE. RUBS IMPLEMENTED, MAKING THIS AN EXTREMELY LOW EXPENSE HIGH CASHFLOWING ASSET!
- Property Sub Type:
- Quadruplex
- Property Attached:
- Yes
- Lot Area:
- 6,098 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1961 (Age: 64)
- General Listing Location:
- Santa Ana, 699 - Not Defined
- County Or Parish:
- Orange
- Common Interest:
- None
- Gross Income:
- $6,492
- Gross Scheduled Income:
- $134,708
- Net Operating Income:
- $97,621
- Cap Rate %:
- 7.0
- Rent Control:
- Yes
- Association Fee:
- $0
- Land Lease:
- No
- Electric Expense:
- $608
- Fuel Expense:
- $486
- Gardener expense:
- 1200.0
- Insurance Expense:
- $2,774
- Licenses expense:
- 1347.0
- Maintenance Expense:
- $2,200
- Taxes expense:
- 17370.0
- Operating Expense:
- $33,045
- Other Expense:
- $600
- Trash Expense:
- $4,219
- Water and Sewer Expense:
- $2,241
- Vacancy Allowance Rate:
- $3
- Tax Lot:
- 9
- Northeast Corner of Bristol and Segerstrom
- Number of Buildings:
- 1
- # of Electric Meters:
- 5
- # of Gas Meters:
- 4
- # of Water Meters:
- 1
- Community Features:
- Suburban
- Senior Community:
- No
- Laundry Features:
- Common Area
- Pool Features:
- None
- Private Pool:
- No
- Lot Features:
- 6-10 Units/Acre
- Levels:
- Two
- Num Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- 1
- New Constr.:
- No
- Common Walls:
- 2+ Common Walls
- # Units:
- 4
- Water supply:
- Public
- Sewer:
- Public Sewer
- Garage Spaces:
- 4
- Uncovered Spaces:
- 2
- Total Parking Spaces:
- 6
- Special Listing Conditions:
- Standard
- Parcel Number:
- 41041205
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Listed by R L M Equities
Data was last updated April 18, 2025 at 04:40 AM (UTC)
- CESAR GARCIA
- SEVEN GABLES REAL ESTATE
- 1 (714) 6232202
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of April 18, 2025 at 04:40 AM (UTC) 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.
Quick Links
Contact Me
Cesar: 714.623.2202
cesarg@sevengables.com
Nicole: 714.396.8355 nicoler@sevengables.com
Head Office
12651 Newport Ave.
Tustin, CA, 92780