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    100 E Montwood Avenue

    La Habra, CA 90631
    • $2,850,000
    • STATUS: Pending
    • ON SITE: 42 days
    • ID#: OC20160293
    Pending
    UPDATED: 41 min ago
    $2,850,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,307
      SQFT
    • $252
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Professionally managed, pride of ownership 15-unit investment property. This building is a perfect investment. Located in a nice area of La Habra, near a park, and single-family homes. Easy access to freeways, schools, churches, and shopping. All 15 units are fully rented with many being long term tenants as there is rarely a vacancy. On-site manager oversees the units which are in excellent condition. It is professionally managed by a separate company who takes care of all the finances. All carports are under the second floor and are assigned to each tenant. The Courtyard is maintained in excellent condition and each tenant has access to this lovely area.There are 5, 1 Br. units down and 10, 2 Br. units up. Sq. ft of each units, the 1 Br's have 520 Sq. Ft. & the 2 Br's have 795 Sq. Ft.There is a separate laundry room, which is coin operated and is managed by an outside vendor

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T08:27:02.123. 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 Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

    www.sonyathebroker.com/homes/108735201
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    100 E Montwood Avenue La Habra, CA 90631

    • Price: $2,850,000
    • Status: Pending
    • Updated: 41 min ago
    • ID#: OC20160293
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    11,307
    SQFT
    $252
    $/SQFT
    1963
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    87 - La Habra
    Property Description
    Professionally managed, pride of ownership 15-unit investment property. This building is a perfect investment. Located in a nice area of La Habra, near a park, and single-family homes. Easy access to freeways, schools, churches, and shopping. All 15 units are fully rented with many being long term tenants as there is rarely a vacancy. On-site manager oversees the units which are in excellent condition. It is professionally managed by a separate company who takes care of all the finances. All carports are under the second floor and are assigned to each tenant. The Courtyard is maintained in excellent condition and each tenant has access to this lovely area.There are 5, 1 Br. units down and 10, 2 Br. units up. Sq. ft of each units, the 1 Br's have 520 Sq. Ft. & the 2 Br's have 795 Sq. Ft.There is a separate laundry room, which is coin operated and is managed by an outside vendor
    Exterior Features

    Carport Spaces 15.00 Foundation Details Slab Garage Spaces 0.00 Lot Features 11-15 Units/AcreCorner LotLandscapedLevel With StreetLot 10000-19999 SqftNear Public TransitPark NearbyPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 15.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 520 Average1 Bed Area Units Square Feet Average2 Bed Area 795 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features NoneKitchenLiving RoomPatioElectricGas Flooring Carpet Laundry Features Common Area Levels Two Room Type All Bedrooms Down Window Features Screens

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.00 Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 200076.00 Gross Scheduled Income 200076.00 Insurance Expense 14988.00 Land Lease YN No Laundry Income 5389.00 Laundry YN Yes Net Operating Income 84217.00 New Construction YN No New Taxes Expense 28500.00 Number Of Separate Electric Meters 15 Number Of Separate Gas Meters 15 Number Of Separate Water Meters 1 Number Of Units Leased 15 Number Wall AC 15 Number With Carpet 15 Number With Dishwasher 15 Number With Disposal 15 Number With Drapes 15 Number With Patio 0 Number With Range 15 Number With Refrigerator 0 Operating Expense 115859.00 Present Loans 0 Professional Management Expense 22378.00 Property Condition Turnkey Rent Control YN No Security Features Carbon Monoxide Detector(S)Resident ManagerSmoke Detector(S) Senior Community YN No Sewer Sewer On Bond Special Listing Conditions Trust Subdivision Name Other Other Tenant Pays ElectricityGas Total Actual Rent 17000.00 Total Expenses 115859.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Jean Marsh of Nautilus Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T08:27:02.123. 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 Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

     
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