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    10605 Lowden Street

    Stanton, CA 90680
    • $2,650,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: OC21028340
    $2,650,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Other (Othr)
    Type:
    Multi-Family
    Built:
    1962
    County:
    Orange
    Area:
    61 - N of Gar Grv, S Of Ball, E of Knott, W of Dal

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    Description

    Highly desire orange county rental market, True Pride of Ownership. Upside rental with rental income is around 20%+ below market. Zero Vacancy in the past 25 years. 4 out of 10 units has been completely remodeled. Units mixed with: 1bed/1bath * 6, 2bed/1bath *2, 3bed/2bath *2 on a large and private lot size of 21,000 sqft, which provide plenty of parking and storage if needed. Offer Memorandum is available up on request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. 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 Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/114234065
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    10605 Lowden Street Stanton, CA 90680

    • Price: $2,650,000
    • Status: Active
    • ID#: OC21028340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    7,200
    SQFT
    $368
    $/SQFT
    1962
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    61 - N of Gar Grv, S Of Ball, E of Knott, W of Dal
    Property Description
    Highly desire orange county rental market, True Pride of Ownership. Upside rental with rental income is around 20%+ below market. Zero Vacancy in the past 25 years. 4 out of 10 units has been completely remodeled. Units mixed with: 1bed/1bath * 6, 2bed/1bath *2, 3bed/2bath *2 on a large and private lot size of 21,000 sqft, which provide plenty of parking and storage if needed. Offer Memorandum is available up on request.
    Exterior Features

    Lot Features Near Public TransitYard Number Of Separate Electric Meters 10 Parking Features Assigned Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DisposalGas RangeGas Water Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring TileVinyl Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN Yes Association Fee 0 Association YN No Cap Rate 3.72 Common Interest Community Apartment Community Features Street LightsUrban Contingency None Current Financing None Electric Expense 220 Garage YN No Gross Income 152460 Gross Scheduled Income 152460 Insurance Expense 3746 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 7623 Net Operating Income 98698 New Construction YN No New Taxes Expense 26733 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 53762 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 12705 Trash Expense 2177 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 5559 Water Source Public

    Listing provided courtesy of Long Nguyen of Advance Estate Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. 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 Team Forss Realty Group. Licensed in the State of California, USA.
     
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