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Tustin, CA

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MLS# OC15099874
PROPERTY DESCRIPTION: 
This is a 3 unit apartment building selling at true 5 cap when the rest of the market is trading at 4 and half or less. The best part is that all the deferred maintenance is completed. Property features two 2 bedroom 1 bath units with tenants in place paying $1,600 a piece. There is also one 2 bedroom 2 bath unit with a tenant paying $1,800. Two of the three units have received a high end renovation featuring quartz counters, hard surface flooring, new cabinets, new stainless steel appliances and more. All three tenants are on 12 month leases with utilities charged back to the residents. Literally your only expenses on this investment property are property taxes and the gardener
FEATURES:
Age: Over 50 Years Old
Appliances: Oven - Gas
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Floor Covering: Carpet, Laminate
Lot Size: 0.18 Acres
Roof Type: Composition Shingle
Rooms: Bedroom
MLS# OC15099874
PROPERTY DESCRIPTION: 
This is a 3 unit apartment building selling at true 5 cap when the rest of the market is trading at 4 and half or less. The best part is that all the deferred maintenance is completed. Property features two 2 bedroom 1 bath units with tenants in place paying $1,600 a piece. There is also one 2 bedroom 2 bath unit with a tenant paying $1,800. Two of the three units have received a high end renovation featuring quartz counters, hard surface flooring, new cabinets, new stainless steel appliances and more. All three tenants are on 12 month leases with utilities charged back to the residents. Literally your only expenses on this investment property are property taxes and the gardener
FEATURES:
Age: Over 50 Years Old
Appliances: Oven - Gas
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Floor Covering: Carpet, Laminate
Lot Size: 0.18 Acres
Roof Type: Composition Shingle
Rooms: Bedroom

Tustin, CA Real Estate & Homes for Sale - 2 Listings Found

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