• 20,096 sq.ft.
  • 38,332 sq.ft. lot
offered at $9,800,000
Status: Active // Property Type:
Project/Tract: Palma Vista // County: Orange // Year Built: 1961

Property Description

This 32 Unit apartment complex could be sold together or as two 16 unit complexes. Located close to Disneyland. All units have been remodeled with tile floors, granite counters in kitchens, new cabinets, dual paned windows, dual paned windows, and paint. 48 parking spots are provided with additional street parking. Each unit is 1 bedroom and 1 bathroom with an average of 628 square feet per unit. All tenants are current on rent and all leases are month to month. Rent average per unit is $1570/month. Highest unit amount is $2000/month. Pro Forma: $1900/unit would generate a 5.3% cap. Seller is motivated. Offering Memorandum available in supplements.

Listing Courtesy of Rebecka Forrester, T.N.G. Real Estate Consultants

Interior Features

Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan // Heating: Wall Furnace

Exterior Features

Exterior Features: Curbs, Gutters, Storm Drains, Street Lights // Roof: Composition, Shingle
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of November 14, 2023. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.