$1,445,000
$65K PRICE INCREASE
Total Views 168
6 Beds
5 Baths
2,619 Sq Ft
$552 Price per Sq Ft

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Private Yard
  • Living Room
  • 1-minute walk to Veterans Memorial Park

About This Home

An exceptional residential income opportunity featuring a strong cash flow and high cap rate of 6.5%. Currently receiving $9570 a month in rent, this well-maintained 4-unit property, offers an attractive setup for investors seeking immediate returns.
Originally a single-family residence, the property has been thoughtfully expanded and improved. It now includes a detached ADU built in 2019 (fully permitted), consisting of two 1-bedroom, 1-bath units 450 sq ft each, with their own full kitchens and modern finishes. The main building is divided into two units:
One 2-bedroom, 1-bath unit (760 sq ft) with full kitchen, newly added bath and private laundry hookups.
One 2-bedroom, 2-bath unit (959 sq ft), newly remodeled and updated with a new kitchenette, bathrooms, flooring, and recessed lighting as well as brand new windows and entrance doors and laundry.
All units have private entrances a living room and full kitchens.
Recent upgrades include paint, flooring, recessed lighting, and remodeled interiors.
Other features include sub-metering in select units with utility reimbursements, on-site laundry hookups (select units). This is a rare opportunity to acquire a high-yield, turnkey income property with strong rental demand and upside potential.

Listing Agent

Beverly Cota

First Team Real Estate Brokerage Phone: 714-350-1344 License #00966351 Listed on: 03/19/2026

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Level Lot
  • Private Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 2,619 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Converted Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Paved Parking
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Tax Tract Number 123
  • Assessor Parcel Number 07934406
  • $687 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,840
  • Fuel Expense $720
  • Gardener Expense $200
  • Insurance Expense $1,487
  • Trash Expense $672
  • Water Sewer Expense $1,920
  • New Taxes Expense $15,870
  • Operating Expense $24,709
  • Gross Income $114,840
  • Net Operating Income $97,178

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,534 Sq Ft Lot

Listing Details

  • CapRate: 6.50
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: unknown
  • View: No
  • Water Sewer Expenses: 1920.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 200.00
  • Parcel Number: 07934406
  • Year Built: 1949
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Tile, Vinyl, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 551.74
  • Room Type: All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Converted Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking Features: Concrete, Private, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Gas Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 672.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 33.80318600

Multi Family

  • Electric Expense: 3840.00
  • Fuel Expense: 720.00
  • Gross Income: 114840.00
  • Gross Operating Income: 114840.00
  • Gross Scheduled Income: 114840.00
  • Insurance Expense: 1487.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 97178.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Range: 5
  • Operating Expense: 17662.00
  • Rent Control: Yes
  • Total Expenses: 24709.00

Tax Info

  • New Taxes Expense: 15870.00
  • Tax Block: 4
  • Tax Lot: 2
  • Tax Tract Number: 123
  • TaxOtherAnnualAssessmentAmount: 687.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,421 $711,230 $528,223 $183,007
2024 $8,421 $697,285 $517,866 $179,419
2023 $8,209 $683,613 $507,712 $175,901
2022 $8,050 $670,209 $497,757 $172,452
2021 $8,129 $657,068 $487,997 $169,071
2020 $8,018 $650,331 $482,993 $167,338
2019 $7,798 $637,580 $473,523 $164,057
2018 $6,405 $512,000 $464,238 $47,762
2017 $1,883 $128,130 $87,676 $40,454
2016 $1,874 $125,618 $85,957 $39,661
2015 $1,851 $123,732 $84,666 $39,066
2014 $1,770 $121,309 $83,008 $38,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 Price Changed $1,445,000 +4.7% $552 / Sq Ft
03/19/2026 03/19/26 For Sale $1,380,000 0.0% $527 / Sq Ft
03/19/2026 03/19/26 Off Market $1,380,000 -- --
01/01/2026 01/01/26 Off Market $1,780 -- --
12/24/2025 12/24/25 Price Changed $1,780 -0.8% $3 / Sq Ft
12/24/2025 12/24/25 For Rent $1,795 0.0% --
09/06/2017 09/06/17 Sold $513,000 -6.0% $298 / Sq Ft View Prior Sale
08/12/2017 08/12/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $545,900 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $512,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- South Coast Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $95,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $67,000 Stand Alone First
Previous Owner $66,500 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26060343

California Regional Multiple Listing Service (CRMLS)

APN: 079-344-06

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