
7862 2nd St Stanton, CA 90680
West Anaheim NeighborhoodHighlights
- 0.45 Acre Lot
- Quartz Countertops
- Balcony
- Western High School Rated A-
- No HOA
- Double Pane Windows
About This Home
As of May 20255.81% Current CAP Rate. We are proud to present 7862 2nd St, located in the City of Stanton. Built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. The property’s exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. The exterior has new paint, double-pane vinyl windows, clean landscaping, wall air-conditioning, and attractive curb appeal. There are eleven garages and nine surface spots, giving the property twenty total parking for tenants. There is a leased on-site laundry room, and the garage doors are all new. Near the rear of the building there is some seating for tenants, and the upper units have balconies. The building is an electric building, so there is no gas expense. The property is separately metered for electricity, and units have security screen doors.The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knott’s Berry Farm, Ralphs, Target, and Whole Foods Market.
Last Agent to Sell the Property
Mark Bridge, Broker Brokerage Email: Mark.Bridge@matthews.com License #01316702 Listed on: 03/21/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971 | Remodeled
Lot Details
- 0.45 Acre Lot
- 1 Common Wall
- Paved or Partially Paved Lot
- Sprinklers on Timer
- Density is 11-15 Units/Acre
Parking
- 11 Car Garage
- 9 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 8,475 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Vinyl Flooring
Kitchen
- Electric Oven
- Electric Range
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Parking
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 40
- Tax Tract Number 868
- Assessor Parcel Number 07923205
Community Details
Overview
- No Home Owners Association
- 11 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Bike Trail
Building Details
- 11 Leased Units
- 12 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $1,650
- Gardener Expense $3,000
- Insurance Expense $5,500
- Maintenance Expense $5,500
- Other Expense $6,681
- Pest Control $1,200
- Professional Management Expense $6,000
- Trash Expense $2,500
- Water Sewer Expense $2,890
- New Taxes Expense $37,185
- Operating Expense $72,106
- Gross Income $266,592
- Net Operating Income $194,486
Similar Home in Stanton, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/09/2025 05/09/25 | Sold | $3,225,000 | -3.7% | $381 / Sq Ft |
04/22/2025 04/22/25 | Pending | -- | -- | -- |
03/21/2025 03/21/25 | For Sale | $3,350,000 | +32.7% | $395 / Sq Ft |
12/07/2023 12/07/23 | Sold | $2,525,000 | -10.0% | $298 / Sq Ft |
09/05/2023 09/05/23 | Pending | -- | -- | -- |
08/28/2023 08/28/23 | For Sale | $2,805,000 | 0.0% | $331 / Sq Ft |
08/22/2023 08/22/23 | Pending | -- | -- | -- |
07/31/2023 07/31/23 | For Sale | $2,805,000 | -- | $331 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
3 in this area
50 Total Sales
-
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
15 in this area
5,860 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25030242

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