Property Detail

Description

THIS PRIDE OF OWNERSHIP TURNKEY FOURPLEX IS LOCATED BLOCKS FROM SOUTH COAST PLAZA AND IS PRICED TO SELL! PRICED AT A 5.5CAP RATE AND 13 GRM. THE BUILDING HAS A BRAND NEW ROOF INSTALLED IN 2024! ALL FOUR UNITS HAVE BEEN FULLY RENOVATED TO INCLUDE THE FOLLOWING: VINYL FLOORING, SCRAPED CEILINGS, NEW SUB PANELS, NEW COUNTERTOPS AND CABINETRY, RE-GLAZED TUBS, NEW BATHROOMS, DUAL PANE VINYL WINDOWS, NEW PAINT AND ELECTRIC FIXTURES, SOME UNITS HAVE BRAND NEW HEATING SYSTEM. ALL UNITS ARE TWO BEDROOM TOWNHOME STYLE WITH PRIVATE PATIOS AND ARE LEASED WITH A GARAGE. UTILITY REIMBURSEMENT IS INCLUDED IN LEASES, MAKING THIS AN EXTREMELY LOW EXPENSE HIGH CASHFLOWING ASSET! ALL RENOVATIONS DONE WITH PERMITS AND CITY APPROVAL.