NOT LISTED FOR SALE
7 Beds
4 Baths
2,875 Sq Ft
7,405 Sq Ft Lot

Last Sold July 21, 2023

Last sale price $1,250,000 $435 Per Sq Ft

29 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Laundry Room
  • Western High School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of July 2023

Seize this Once In A Lifetime opportunity with this wonderful Triplex that hit the market for first time in over 40 years! Located in the most sought after city of Stanton, this remarkable triplex offers the best price in the area, and with a staggering 40% upside potential in rents. This property comes with three spacious units consisting of one 3 beds 2 baths, and two large 2 beds 1 bath, three Large Car Garages, and separate patios for each unit. Pride of ownership shows throughout. Seller has kept the property in a pristine condition with a lot of upgrades done within the last 3 years including new fences, a new set of coin-operated washer and dryer, water heater, Exterior Paint, Garage Doors, and a 9-year old roof just to name a few. Location is everything, and this triplex excels in this regard. Minutes away from premier shopping destinations, World known theme parks and restaurants, and major freeways. ACT FAST whether you're an Investor or an Owner Occupied buyer. This is your chance to own an amazing Triplex.

Last Agent to Sell the Property

Masoud Mohammadi

Coldwell Banker Platinum Prop License #01929682 Listed on: 05/22/2023

Coldwell Banker Platinum Prop

Last Buyer's Agent

Kathleen Ladd

RE/MAX College Park Realty License #01019339

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 4624
  • Assessor Parcel Number 07923305
  • $1,021 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,300
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • Operating Expense $6,000
  • Gross Income $3,000
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 416667
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 07923305
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 434.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Zoned
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 66600.00
  • Insurance Expense: 1300.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 55000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Census Tract: 878.02
  • Tax Lot: 14
  • Tax Tract Number: 4624
  • TaxOtherAnnualAssessmentAmount: 1021.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,250,000 0.0% $435 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,250,000 -- $435 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23087824

California Regional Multiple Listing Service (CRMLS)

APN: 079-233-05