(503 N Daisy APN 007-052-60 & 507 N Daisy APN 007-052-59) were sold together for a total of $1,725,000. Opportunity to own 2019 Construction residential income property with a 3-year lease renewal in place producing $137,837 in cash flow each year. These two side-by-side houses are being sold as a grouping, each with 4 bedrooms and 3 bathrooms, were built to suit the tenant, which is a state-licensed residential substance use disorder treatment center. The tenant has been located in the houses for 3 years, and just signed a renewal for an additional 3 years starting on 9/1/2023. Tenant pays all expenses and repairs, with the exception of Property Taxes, Insurance, and repairs associated with the foundation, exterior walls, or roof of the property. This listing is truly a passive income owner’s dream, with minimal management needs, and a true 7.7% in place cap rate (10.7x GRM - one of the most attractively priced residential income properties on the market in Orange County! Positive leverage on day 1 will boost cash on cash returns above 7.7%, and 3 years of lease term remaining! DISTURBING THE TENANTS WITHOUT PERMISSION IS PROHIBITED BY LAW, PURSUANT TO CALIFORNIA DEPARTMENT OF HEALTH REGULATIONS. Tours can be provided upon receipt of an LOI or Offer, and proof of funds. Full property inspection can be conducted after execution of contract. Also inquire about a nearby property with similar financial performance that can be acquired with this listing as a portfolio.

Attractive duplex located in a desirable neighborhood near the end of a cul-de-sac and priced to sell. The three bedroom, two bath unit, is a successful rental property, with a two car garage and private back yard. Inside this unit has been remodeled with ceramic tile flooring, nice kitchen cabinets, cozy fireplace and dining area. The second unit, a 2 bedroom, 1 bath unit, also has a private patio and yard as well as a one car garage.

EXISTING TRIPLEX + BRAND NEW 980 SF BEAUTIFULLY CONSTRUCTED FREESTANDING 4TH UNIT (ADU)! HARDWOOD FLOORS THROUGHOUT!! WASHER/DRYER HOOKUP! ALSO, ONE OF THE 1 BEDROOM UNITS MAY ALSO BE WILLING TO VACATE. THIS IS A RARE OPPORTUNITY TO TAKE ADVANTAGE OF A NICE STABILIZED PROPERTY!! CALL TODAY, THIS WON'T LAST LONG!! LONG TERM TENANTS IN PLACE, LOW EXPENSES, STABLE INCOME, GET IN WHILE YOU CAN! THIS PROPERTY IS PRICED TO SELL AT A 7% CAP RATE.

EXCELLENT OPPORTUNITY TO OWN THIS WELL MAINTAINED RESIDENTIAL INCOME PROPERTY! THE FRONT HOME FEATURES APPROXIMATELY 850 SQUARE FEET, 2 BEDROOMS, 1 BATH (SHOWER/TUB COMBO), NEW KITCHEN WITH STAINLESS STEEL APPLIANCES (STOVE, DISHWASHER, AND MICROWAVE), GRANITE COUNTERS, LAUNDRY HOOKUPS FOR WASHER/DRYER, AND PRIVATE PATIO AREA. DUPLEX TO THE REAR OF THE PROPERTY CONSISTS OF UNIT A AND UNIT B - BOTH FEATURING APPROXIMATELY 700 SQUARE FEET EACH, 2 BEDROOMS, 1 BATH (SHOWER/TUB COMBO), NEW KITCHEN WITH STAINLESS STEEL APPLIANCES (STOVE AND DISHWASHER), GRANITE COUNTERS, LAUNDRY HOOKUPS FOR WASHER/DRYER, AND INDIVIDUAL PRIVATE PATIO AREA(S). ALL UNITS (FRONT HOME, DUPLEX A, AND DUPLEX B) HAVE WINDOW AIR CONDITIONING UNITS, WALL FURNACES, AND ONE ASSIGNED CARPORT. DUPLEX A AND DUPLEX B SHARE 1 COMMON INTERIOR WALL. ALL UNITS HAVE THEIR OWN INDIVIDUAL GAS AND ELECTRIC METER(S). OWNER CURRENTLY PAYS FOR WATER, TRASH, AND GARDENER - TENANTS PAY FOR ALL OTHER UTILITIES. OWNER RECENTLY HAD THE EXTERIOR OF THE PROPERTY PAINTED. GREAT LOOKING AND WELL TAKEN CARE OF INCOME PROPERTY!