255 S Monte Vista Street

  • La Habra

  • $1,788,888
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Residential Income Details

Description
*****CALL FOR OFFERS DUE Wednesday, August 9th at 5PM PST***** SVN | Vanguard is pleased to present The Northpark Villas. This beautiful 6-unit multifamily residential property consists of two buildings, each with 3 two bedroom / one bath units. Ceiling fans installed in living rooms, kitchens and bedrooms. Pitched rooms with new insulation and attic venting. New counter tops in the kitchens and bathrooms. Newly landscaped grounds require little maintenance and maintain the neighborhood's natural aesthetics. Private front patios and back yards round out the amenities. The Monte Vista neighborhood is a mix of very old homes, and newer apartment/condo properties. As a result of completely modernizing the interior of each unit, and due to the high demand for rental units in this neighborhood, Northpark Villas can command artificially high rents when compared to the size and age of each unit. This six-unit property will be an excellent investment opportunity for investors who are looking for both long and short term investment horizons. Due to its strong demographic area, the new owner will be able to add value through aggressive management with rental increases to achieve over five percent return within short period of time.
Essential
MLS #PW17162556
Price$1,788,888
Number of Units6
Sale TypeThird Party Approval
Acres0.46
StatusActive
Listing BrokerageSVN / Vanguard
Listing AgentCameron Irons
Listing Agent BRE #01176224
Interior
CoolingWall Window
Exterior
ParkingAssigned
Garage Spaces6
PoolNone
RoofingShingle
Community
Area87 - La Habra
TractOther (OTHR)
CommunitySidewalks,Street Lighting
Address255 S Monte Vista Street
CityLa Habra
CountyOrange
StateCA
ZipCode90631
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 31, 2017. 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.