1633 Via Mirada

    Fullerton, CA 92833
    • $1,429,995
    • STATUS: Active Under Contract
    • ON SITE: 122 days
    • ID#: PW18196306
    Under Contract
    UPDATED: 10 min ago
    $1,429,995
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,087
      SQFT
    • $350
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    The Mirada Villas is a pride of ownership, Covington style, 4-unit apartment complex located in prestigious Sunny Hills, Fullerton. The subject property is comprised of (1) 3 bedroom + 2 bath owners unit with fireplace & patio, (1) 2 bedroom + 2 bath, (1) 2 bedroom + 1 bath, and (1) 1 bedroom + 1 bath with patio. Tenant amenities include: private patios or balconies, garages, separate tenant electric and gas meters and an on-site laundry room for additional landlord income. The subject property has underdone numerous recent upgrades including: new concrete garage driveway apron, new vinyl fencing and new exterior LED lighting. The Mirada Villas are ideally located in Sunny Hills, Fullerton, offering tenants access to the prestigious Sunny Hills High School (a magnet school), Parks Jr High and the "Amerige Heights" shopping center with numerous retail amenities including: Target Superstore, Islands, Soup Plantation, McDonald's and many others - this location has historically produced extremely high tenant demand for stable occupancy, high resale value and high investor demand.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T18:28:59.653. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/86548790

    1633 Via Mirada Fullerton, CA 92833

    • Price: $1,429,995
    • Status: Active Under Contract
    • Updated: 10 min ago
    • ID#: PW18196306
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,087
    SQFT
    $350
    $/SQFT
    1965
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    The Mirada Villas is a pride of ownership, Covington style, 4-unit apartment complex located in prestigious Sunny Hills, Fullerton. The subject property is comprised of (1) 3 bedroom + 2 bath owners unit with fireplace & patio, (1) 2 bedroom + 2 bath, (1) 2 bedroom + 1 bath, and (1) 1 bedroom + 1 bath with patio. Tenant amenities include: private patios or balconies, garages, separate tenant electric and gas meters and an on-site laundry room for additional landlord income. The subject property has underdone numerous recent upgrades including: new concrete garage driveway apron, new vinyl fencing and new exterior LED lighting. The Mirada Villas are ideally located in Sunny Hills, Fullerton, offering tenants access to the prestigious Sunny Hills High School (a magnet school), Parks Jr High and the "Amerige Heights" shopping center with numerous retail amenities including: Target Superstore, Islands, Soup Plantation, McDonald's and many others - this location has historically produced extremely high tenant demand for stable occupancy, high resale value and high investor demand.
    Exterior Features

    Garage Spaces 6.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Rear EntryStreet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.40 Community Features Curbs Country Us Electric Expense 400.00 Elevation Units Feet Fuel Expense 581.00 Gardener Expense 1140.00 Gross Income 1200.00 Gross Multiplier 18.39 Gross Operating Income 75427.00 Gross Scheduled Income 76560.00 Insurance Expense 1300.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry YN Yes Licenses Expense 40.00 Maintenance Expense 3062.00 Net Operating Income 49208.00 New Construction YN No New Taxes Expense 16158.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 26219.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other / Total Actual Rent 6380.00 Total Expenses 26701.00 Trash Expense 442.00 Vacancy Allowance 2332 Vacancy Allowance Rate 3.00 Water Sewer Expense 3575.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Ed Diaz of Vanguard Property Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T18:28:59.653. 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. Licensed in the State of California, USA.
     
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