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Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre—each featuring private yards, 1–2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10–20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!
Property Type(s):
Residential Income
| Last Updated | 3/31/2025 | Tract | unknown |
|---|---|---|---|
| Year Built | 1944 | Community | N of Blsa, S of GGrv, E of Brookhrst, W of Ha |
| Garage Spaces | 14.0 | County | Orange |
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Gas Range, Range Hood |
| AREA | N of Blsa, S of GGrv, E of Brookhrst, W of Ha |
| GARAGE | Door-Multi, Door-Single, Driveway, Garage, Garage Faces Front, Yes |
| HEAT | Ductless |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Quartz Counters |
| LOT | 0.93 acre(s) |
| LOT DESCRIPTION | Yard |
| PARKING | Door-Multi,Door-Single,Driveway,Garage Faces Front,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | unknown |
| UTILITIES | Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER | Public |
Location
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Listed with Advance Estate Realty
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