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5.81% 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.
Property Type(s):
Residential Income
| Last Updated | 3/21/2025 | Year Built | 1971 |
|---|---|---|---|
| Community | Not Defined | Garage Spaces | 11.0 |
| County | Orange |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Electric Oven, Electric Range, Electric Water Heater, Water Heater |
| AREA | Not Defined |
| GARAGE | Assigned, Garage, Yes |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Balcony, Ceiling Fan(s), Quartz Counters |
| LOT | 0.45 acre(s) |
| LOT DESCRIPTION | 11-15 Units/Acre, Paved, Sprinklers Timer |
| PARKING | Assigned,Garage |
| POOL DESCRIPTION | None |
| SEWER | Private Sewer |
| STORIES | 2 |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
| WATER | Public |
Location
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Listed with Mark Bridge, Broker
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