$1,500,000
$1,495,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
2,998 SqFt
SOLD DATE : 03/20/2024
Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,998 sqft
Price per Sqft $500
Subdivision ,Other
MLS Listing ID PW23223937
Sold Date 03/20/24
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1955
Lot Size 7,575 Sqft
Property Description
INCREDIBLY RARE 3 UNITS ON ONE LOT IN ORANGE COUNTY that rental income is $8,500 per month totally.
FIRST UNIT IS A BRAND- NEW ADU, currently rent $3,500. It broads 1,200 sqft, 3BED, 2BATH, 9ft ceilings, gorgeous kitchen, smart recessed lights through out, washer/dryer hookups, tankless water heater, central A/C system, fully solar owned, 2 electrical charging car outlets. In addition, the ADU has a new 250 sqft covered patio with high ceiling, porcelain flooring, ceiling fan, smart recessed light that invite fantastic outdoor gathering & relaxation.
SECOND UNIT IS FULLY REMODELED, currently rent $3,600. It features 1413 sqft, 2BATH, 3BED and 1 DEN with closet that can be a 4th bedroom or office. Two brand new bathrooms were built with all new plumbing, drain. Kitchen and dining area are delightful with very high 13ft ceilings. In addition, this lovely house also has a new 180 sqft covered patio with porcelain flooring, ceiling fan, smart recessed lights that is wonderful for outdoor gathering & relaxation.
THIRD UNIT IS A NEW JADU built in 2023, currently rent $1,400 (market rent is $1,600). It features 385 sqft, 1BED, 1BATH & Kitchen.
Beside the total of 2,998 living sqft., this property still has 380 sqft car garage. This charming property is great for homeowners to live in one and rent out two. All 3 units have separate entrance with gorgeous landscape around, plenty of parking on a huge driveway. It is located in a very desirable, convenient location. Tenants are a constructors who are very responsible and handy to keep up the property. Tenants are desiring to lease for 5 to 10 years term. This is a PEACE OF MIND, excellent investment opportunity that you do not want to miss.
Location
State CA
County Orange
Area 65 - N Of Blsa, S Of Ggrv, E Of Bch, W Of Brookhrs
Rooms
Main Level Bedrooms 7
Interior
Interior Features All Bedrooms Down
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Garage
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description Cul-De-Sac, Front Yard, Sprinklers In Front
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Garden Grove Unified
Others
Senior Community No
Tax ID 09827109
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Green/Energy Cert Solar
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Lily Le • 999 Investments, Inc