18641 E Pearl Avenue
Orange, CA 92869
MLS #CC334086

Commercial
  • 2,400sq ft
Active Under Contract $650,000
Est. P&I payment: $2482.56/mo
18641 E Pearl Avenue, Orange, CA 92869
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Description for 18641 E Pearl Avenue, Orange, CA 92869
OPPORTUNITY - INVESTOR UPSIDE POTENTIAL! - Lowest Priced 4 unit income property in Orange County - STANDARD SALE. Opportunity for new owner to raise rents significantly and complete interior remodels. Outstanding clean property with new exterior facelift just completed March 2014. New exterior paint, all new vinyl windows installed, new asphalt driveway laid. All units are 1 bedroom 1 bath with private garages. Mostly long term tenants . Nice private common area and garden for tenants. Separately metered for gas and electric. Low expenses. 5 total enclosed parking garages with 2 additional parking spaces. Laundry room for extra income. Outstanding location with high rental remand, close to everything. Easy to rent, manage, and manitain. Expenses are estimated. DO NOT DISTURB TENANTS..
MLS #CC334086
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My Notes for MLS #CC334086

General Features

  • Building Name: Orange 4 Unit
  • Building Status: Existing
  • Land Use: Multi-Family
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Property SubType: Multi Family
  • Property Type: Commercial Sale
  • Year Built: 1950

Exterior Features

  • Carport Spaces: 5
  • Construction Materials: Stucco
  • Parking Total: 7
  • Stories Total: 2

Interior Features

    Financial Features

    • Accounting Type: Actual
    • AssetClass: Multi-Family
    • CapRate: 4.87
    • Investment Property YN: 1
    • Net Operating Income: 31,667
    • Operating Expense: 9,433
    • Price Per Lot SqFt: 106.59
    • Price Per SqFt: 270.83
    • Vacancy Allowance Rate: 2

    Miscellaneous Features

    • Building Area Total: 2,400
    • Days On Market: 1,088
    • Lot Size Source: Estimated
    • Special Listing Conditions: Standard

    Location

     
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    P&I Payment $2482.56
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 09/21/2017 at 8:43am
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