$4,499,000
bedrooms
12
bathrooms
6
square feet
8,435
Acreage
0.9339990817263545
Open Houses
-
year built
1944
Full Baths
6
Half Baths
0
Turn-Key 9-Unit Investment with Development Upside! Fully remodeled detached 2-bed, 1-bath units on nearly 1 acre—each with private yard, 1–2 car garage, and extended driveways—offering ample tenant parking. Upgrades include luxury vinyl plank flooring, quartz countertops, new kitchen cabinets, upgraded bathrooms, split AC systems, and double-pane windows. Tenants pay all utilities; owner only covers gardening.
Current rents are 10–20% below market, offering strong upside. Current CAP rate at 5.42% with minimal expenses. Development Potential: City has preliminarily approved 4 more units, plus potential for garage-to-ADU conversions. Zoning allows up to 18 units with density bonus.
Rare chance to own a cash-flowing asset with major redevelopment potential!
| Location | |
| Subdivision | Other (OTHR) |
| County | Orange |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: OC25069662
Listing agent:
Long Nguyen
#01391629
Listing broker:
Advance Estate Realty
(714) 894-4306
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:28 p.m. EDT
Kotohomes National