$2,149,000
$51K PRICE DROP

Estimated payment $13,835/month

Total Views 11,010
12 Beds
6 Baths
4,752 Sq Ft
$452 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • No HOA
  • 1-Story Property
  • John Marshall Elementary Rated A-
  • Laundry Room
  • 4-minute walk to Cesar Chavez Campesino Park

About This Home

Great opportunity for investors to own the 5 units apartment with long terms tenants. This apartments is extreme good cash flow. Drive by only, please DO NOT disturb tenants.

Listing Agent

Collin Le

One Stop Realty and Financial Brokerage Phone: 714-548-2727 License #01962869 Listed on: 03/26/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 5 Car Garage
  • 4 Carport Spaces

Interior Spaces

  • 4,752 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 19826109
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,600
  • Trash Expense $3,200
  • Water Sewer Expense $4,800
  • Operating Expense $12,600
  • Gross Income $130,920
  • Net Operating Income $130,920

Property Details

Home Type

Apartment

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 4.60
  • Price Per Unit: 429800
  • Property Attached: No
  • Water Sewer Expenses: 4800.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 19826109
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 201 Susan St
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 452.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 3200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Gross Income: 130920.00
  • Gross Scheduled Income: 143520.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 14810.0000 Square Feet
  • Net Operating Income: 130920.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 12600.00
  • Rent Control: Yes
  • Total Actual Rent: 11960.00
  • Total Expenses: 12600.00

Tax Info

  • Tax Census Tract: 891.05
  • Tax Lot: 2

Map

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
05/21/2025 05/21/25 Price Changed $2,149,000 +4.9% $452 / Sq Ft
05/21/2025 05/21/25 Price Changed $2,049,000 -6.9% $431 / Sq Ft
03/26/2025 03/26/25 For Sale $2,200,000 0.0% $463 / Sq Ft
04/19/2016 04/19/16 Rented $2,100 0.0% --
03/22/2016 03/22/16 For Rent $2,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25065675

California Regional Multiple Listing Service (CRMLS)