(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.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Brian Wollner
$1,360,500
Stratford Square (Sqq) Area Single Family Home
Sold
2481 Terraine Long Beach, CA 90815
5 Bed
4 Baths
3058 sqft
Exquisite Property in Premier Los Altos, Neighborhood, Long Beach.
Discover the epitome of luxury living in this stunning property boasting 3058 sq.ft. and offering 5 bedroom suites, 4 bathrooms, a versatile loft, and a spacious backyard perfect for family gatherings. With a two-car garage driveway, this cul-de-sac gem is situated in the prestigious Los Altos neighborhood, just 3 miles from Belmont Shore, 2nd Street, and the inviting beaches. California State University is a mere 1.7 miles, and recreational options abound with El Dorado Park Golf Course (2.8 miles), Planet Fitness (1.2 miles), and Colorado Lagoon (3.0 miles) nearby. Healthcare facilities such as Kaiser Permanente (1.7 miles) and Memorial Care Medical Group (3 miles) offer peace of mind. Immense yourself in culture at the Museum of Latin American Art and Long Beach Museum of Art. Convenience meets elegance, all just 9 miles from downtown Long Beach and 1.9 miles from Long Beach Airport. Don't miss this unique opportunity to own a slice of paradise in Los Altos
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$1,295,000
Other Othr Area Multi-Family Home
Sold
731 E Fairway Drive Orange, CA 92866
Bed
0 Baths
2195 sqft
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.
Listing Courtesy of CRMLS / Keller Williams Realty / Zen Ziejewski
$1,000,000
Monterey Park Area Single Family Home
Sold
562 Ackley Street Monterey Park, CA 91755
3 Bed
2 Baths
1966 sqft
Single level home with 3 bedrooms, 2 bathrooms and fireplace in living room. Attached garage. Located in Monterey Park with the Alhambra School District.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$975,000
Los Angeles Area Multi-Family Home
Sold
931 Fraser Avenue Los Angeles, CA 90022
Bed
0 Baths
2822 sqft
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.
Listing Courtesy of CRMLS / Apex Properties / Cameron Hale
$915,000
Upland Area Multi-Family Home
Sold
394 N 6th Avenue Upland, CA 91786
Bed
0 Baths
2250 sqft
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!
Listing Courtesy of CRMLS / Century 21 Peak / Sharon Kobold
$900,000
Stratford Square Sqq Area Single Family Home
Sold
2481 Terraine Avenue Long Beach, CA 90815
5 Bed
4 Baths
3058 sqft
5 Bedroom, 4 Bath, cul-de-sac home in prime location of Long Beach! The first floor offers a spacious kitchen with granite countertops, an open floor plan and 2 downstairs bedrooms (1currently configured as a home office). The grand staircase with wrought iron railing leads you to 3 additional bedrooms including a master suite with ceiling fan and covered balcony, and a separate loft area. Other amenities include a private rear patio, a 2 car garage, and additional side-yard parking with security fencing. Needs cosmetic updating. Close to parks, schools, shopping and the beach.
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Listing Courtesy of CRMLS / Harcourts Prime Properties / Grant Doelp
$655,000
Amer Beauty Garden Li Amg2 Area Single Family Home
Sold
16705 Minter Court Canyon Country, CA 91387
4 Bed
3 Baths
2050 sqft
Come and fall in love with this beautiful, newly painted home, showing pride of ownership, nestled in the gorgeous neighborhood. Living is easy with this impressive, well-designed floor plan, vaulted ceilings, stylist finishes, and sun-drenched rooms. The open floor plan encompasses four spacious bedrooms. It includes two primary bedrooms, one upstairs and one downstairs! The updated kitchen includes newer appliances. The backyard includes a raised deck, pergola, a stone island with BBQ and sink. It’s made for entertaining guests at a cookout or your everyday dining. Other highlights include Dual-zone air conditioning, dual pane windows. You’ll love the convenience of your own two-car garage and ample street parking for guests. HOA includes front yard and community landscaping, pool, tennis courts, basketball courts, and private security!
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$612,500
Duarte Area Single Family Home
Sold
1408 Mountain Avenue Duarte, CA 91010
2 Bed
1 Baths
921 sqft
FANTASTIC opportunity is here for you, SINGLE FAMILY HOME FOR ONLY $598,000. 2 BR, 1 BA. 2 CAR GARAGE WAS CONVERTED TO A STUDIO without permit and can be convert to ADU for extra living area, guest house, studio, gym. GREAT for the investors or families who are looking for the single family home with great price and potential. Near many shops, restaurants, easy access to 210 fwy. Single story family home, AS IS SALE.
Welcome to your beautiful home in Magnolia Dr, Rialto. This spacious homes features 3 beds and 2 bath. The open concept floor plan is perfect for growing families and/or those who love to entertain. The light and bright modern kitchen with granite countertops is perfect place to make meals to be enjoyed by all. Entertain guests or simply relax with family in the comfortable living room with sliding doors that lead to patio and cheerfully large backyard. Great location, close to schools, shopping, entertainment and public transportation.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$575,000
Palmdale Area Single Family Home
Sold
38367 Bonino Drive Palmdale, CA 93551
4 Bed
3 Baths
2743 sqft
Welcome to your beautiful home in Bonino Drive, Palmdale. The home features 4 bedroom and 3 bath with a large living area of 2,743. This is
a corner lot property with a lot size of 10,303. As you enter, you will walk into a spacious living room that is open to the dining area and pass through the kitchen. The large master bedroom has walk in closet, shower and a tub. The large lot size provides ample space to add but its currently turn-key ready.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$50,900
Walnut Area Manufactured Home
Sold
3825 Valley Boulevard 58 Walnut, CA 91789
1 Bed
1 Baths
sqft
Great opportunity to purchase a 1 bedroom and 1 bath home in a highly desirable community. Nice, comfortable and beautiful location in Walnut. Tucked in the back of the park, quiet location and it has curb appeal. Great open floor plan with cozy living area. Close to the 10, 57,71 and 60 Freeways. You have to see to appreciate. Great value for your money.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$3,600
Glendale Area Rental
Rented
385 Hill Dr Glendale, CA 91206
3 Bed
2 Baths
840 sqft
This elegant 3-bedroom, 2 bathroom house in Glendale offers a touch of luxury and comfort. The kitchen boast a high-end Bertazzoni range and microwave, perfect for culinary enthusiasts. With 3 mini-split air conditioning units, this home ensures a pleasant climate year-round. Modern convenience include a fridge, dual-pane windows, and a tankless water heater. And for electric vehicle owners, the property is ready with a 30-amp EV charger. Located in a fantastic neighborhood, you'll find yourself in proximity ti essential amenities such as Adventist Health, Glendale Adventist Academy and the popular destinations of The Americana and Glendale Galleria. This home offers the perfect blend of style, functionality and an excellent location.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Jack Harriman
$1,750
Los Angeles Area Rental
Rented
933 Fraser Ave Avenue Los Angeles, CA 90022
1 Bed
1 Baths
480 sqft
Introducing a cozy retreat nestled on Fraser Ave in Los Angeles, this charming property offers the perfect blend of comfort and convenience. Featuring one spacious bedroom and well-appointed bathroom. With its prime location, residents can enjoy easy access to local attractions, dining hotspots, and vibrant city life. Don't miss the opportunity to experience the epitome of urban living in this inviting 1 bedroom abode on Fraser Ave.
Listing Courtesy of CRMLS / Coldwell Banker Residential / Jack Harriman
