7555 Jackson Way

    Buena Park, CA 90620
    • $1,488,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: PW18264564
    UPDATED: 74 min ago
    $1,488,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,820
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Four-plex apartments is a two story garden style apartment building located in the city of Buena Park, California. The subject property consists of 100% two-bedroom/one-bath units built in 1964. Situated on 13,068 sq. ft. lot. The building has new exterior paint, new landscape. These spacious units are separately metered for both gas and electric, keeping operating expenses low. Potential rent increase, current rent is below market. In addition, Lower units have large patios. Upper units have balconies. The property has a ready for use Laundry room equipped with hot water. Back of the property leads to two 2 car shared private garages and 2 uncovered parking spots, totaling 6 parking. Property located close to Knott's Berry Farm and the 91 freeway. Close to shopping, local retail, dining, and entertainment options. The Four-unit subject property represents a rare opportunity to acquire a stable cash flow property in an ideal location of Buena Park.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T10:26:53.383. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89087275

    7555 Jackson Way Buena Park, CA 90620

    • Price: $1,488,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: PW18264564
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    6,820
    SQFT
    $218
    $/SQFT
    1964
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    82 - Buena Park
    Property Description
    Four-plex apartments is a two story garden style apartment building located in the city of Buena Park, California. The subject property consists of 100% two-bedroom/one-bath units built in 1964. Situated on 13,068 sq. ft. lot. The building has new exterior paint, new landscape. These spacious units are separately metered for both gas and electric, keeping operating expenses low. Potential rent increase, current rent is below market. In addition, Lower units have large patios. Upper units have balconies. The property has a ready for use Laundry room equipped with hot water. Back of the property leads to two 2 car shared private garages and 2 uncovered parking spots, totaling 6 parking. Property located close to Knott's Berry Farm and the 91 freeway. Close to shopping, local retail, dining, and entertainment options. The Four-unit subject property represents a rare opportunity to acquire a stable cash flow property in an ideal location of Buena Park.
    Exterior Features

    Construction Materials Stucco Garage Spaces 4.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Forced Air Heating YN Yes Laundry Features CommunityGas Dryer HookupIndividual RoomWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Elevation Units Feet Gross Income 68400.00 Gross Scheduled Income 68400.00 Insurance Expense 1350.00 Land Lease YN No Laundry YN Yes Net Operating Income 65626.80 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Disposal 4 Number With Range 4 Operating Expense 2773.20 Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Subdivision Name Other Fourplex Tenant Pays ElectricityGas Total Actual Rent 5700.00 Total Expenses 2773.20 Trash Expense 553.20 Water Sewer Expense 870.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Sue Altowaiji of Greystone Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T10:26:53.383. 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. Licensed in the State of California, USA.
     
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