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621 Ward Street

La Habra, CA 90631
  • $1,150,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: OC22151844
UPDATED: 163 min ago
$1,150,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Michael Sacks of Kirklen Investment Group (949-942-1300)


Description

Classic "value-add" Orange County four-plex apartment building on a street with other small buildings and single-family homes. The building offers abundant parking, garages, onsite laundry, and the unit mix consists of two 2-bedroom units and two 1-bedroom units. The leases are all month-to-month agreements, and many of the spaces are occupied by long-term tenants. There is some differed maintenance as the new owner will benefit from substantial upside in the rents and property value.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/130784667
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621 Ward Street La Habra, CA 90631

  • Price: $1,150,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 163 min ago
  • ID#: OC22151844
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1964
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
87 - La Habra
Property Description
Classic "value-add" Orange County four-plex apartment building on a street with other small buildings and single-family homes. The building offers abundant parking, garages, onsite laundry, and the unit mix consists of two 2-bedroom units and two 1-bedroom units. The leases are all month-to-month agreements, and many of the spaces are occupied by long-term tenants. There is some differed maintenance as the new owner will benefit from substantial upside in the rents and property value.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 50880 Gross Scheduled Income 50880 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 23786 New Construction YN No New Taxes Expense 14000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 25568 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4240 Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Michael Sacks of Kirklen Investment Group (949-942-1300)