Property listed by Balboa Real Estate, Inc, Peyman Kordnavahsi 949-529-7418
$2,800,000
Rare opportunity to acquire a well-maintained 4-unit multifamily property situated on an expansive 11,000+ sq ft lot in the desirable city of San Juan Capistrano. This property offers strong in-place income with minimal owner expenses.
Each spacious unit features 3 bedrooms, 2 bathrooms, brand new roof, fireplaces, in-unit laundry rooms, private… Read More yards, 4 garages, and central A/C, along with numerous upgrades throughout the property. The building is 100% occupied, providing immediate and stable cash flow. Tenants pay all utilities including electricity, gas, and water, significantly reducing operating expenses. Ownership is responsible only for gardening and insurance, making this a low-maintenance investment. Read Less
Listing Snapshot
Days Online
41
Last Updated
Property Type
Quadruplex
Lot Size
0.25 Acres
Year Built
1989
MLS Number
OC26049426
Additional Details
Building
Built in 1989, 1 building, 2 stories, Levels: One, Two, Entry level: 2, Entry location: W
Community
Sidewalks
Cooling
CentralAir
Expenses
Insurance: $4,081, Maintenance: $1,200, Operating: $1,500, Other Expense: $1,200
Fireplaces
None
Garage
4 spaces
Heating
Central
Income
Gross Income: $218,400, Gross ScheduledIncome: $218,400, Net Operating Income: $191,600
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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