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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $398
Subdivision Park Pacific (Pkpc)
MLS Listing ID OC24023428
Sold Date 06/18/24
Condo Fees $1,900
HOA Fees $1,900/mo
HOA Y/N Yes
Rental Info 12 Months
Year Built 1970
Lot Size 3,009 Sqft
Property Description
Welcome to a rare and extraordinary investment opportunity! This unique 4-plex offers a hassle-free experience for investors – just sit back, relax, and watch the rents roll in. Each of the four units boasts a generous 753 sqft layout, featuring an oversized bedroom, a well-appointed bathroom with a dressing area, tub/shower combo, and a private toilet for added convenience. Step into spacious living as each unit unfolds with a large walk-in closet, a comfortable living room with a sliding door that opens to a private balcony, a designated dining area, and a kitchen with ample counter space and cabinets. Parking is a breeze with one designated carport for each unit, complete with additional storage, and a parking permit for an extra car in the open spaces. The convenience continues with proximity to the pool and laundry facility, adding to the overall appeal of these units. Managed by the professionals at Park Pacific Apartments/HOA, this 4-plex offers a worry-free investment. For a monthly fee of $1900, enjoy the full suite of on-site management services, including rent collection, accounting, maintenance and leasing of units. This comprehensive package also covers water, trash, sewer, gas, and building insurance, streamlining the financial aspects of ownership. The attached map provides a clear overview of the unit locations within the community. Don't miss out on this exceptional opportunity to own a hassle-free and income-generating property in a well-managed and desirable location!
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony, Living Room Deck Attached, Open Floorplan, Storage, Bedroom on Main Level, Dressing Area, Walk-In Closet(s)
Laundry Location Common Area
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Appliance Electric Range
Laundry Common Area
Exterior
Exterior Feature Lighting
Garage Assigned, Carport, Storage
Carport Spaces 4
Pool Association
Community Features Golf, Hiking, Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Amenities Available Call for Rules, Gas, Maintenance Grounds, Insurance, Management, Maintenance Front Yard, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
View Y/N Yes
View Neighborhood
Roof Type Spanish Tile
Parking Type Assigned, Carport, Storage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Lawn, Landscaped, Near Park, Near Public Transit
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One, Two
New Construction No
Others
HOA Name Park Pacific
HOA Fee Include Sewer
Senior Community No
Tax ID 93029412
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with John Bercsi • Compass
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605