Property Detail

Description

Well maintained fourplex apartment free standing building in a gated HOA community with little to no management needed. Great cash flow as HOA pays AND MAINTAINS the roof, exterior painting, pest control, all exterior maintenance, pool service 3x weekly, laundry room cleaning, insurance, water, etc. HOA fees of only $187/unit/month. Check out the numbers, low expenses, great rents and a cap rate in the mid 4's ! Compare to other units being offered and compare the actual income for the price. Proforma rents are over $100k/year. Great for cash buyer. Just collect the rent and maintain the interior. All two story 1 bedroom, 1.5 bath units , each with patio and balcony. All units have garages with openers. Two units are in the gated common area overlooking the pool, other two face the street. Located close to Anaheim Convention center, Disneyland, Major hotels & restaurants, Angel Stadium, and UCI Medical Center. Just east of Harbor Blvd south of Orangewood. Owner may carry or guarantee the first years income. Owner also has two triplexes, all 2 bedrooms, available for sale in the same complex. (Total of 10 units).