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Listed by Yazen Haddad, DRE #01936781 • E Realty
$2,500,000
Est. payment /mo
7,841 Sqft Lot
New
16402 San Jacinto Fountain Valley, CA 92708
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26187316
Year Built 1964
Lot Size 7,841 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare opportunity to acquire a fully renovated, turnkey four-unit investment property in the heart of Fountain Valley. Offering approximately 4,500 square feet of living area, the property features an exceptional unit mix of two spacious 3-bedroom, 2-bath residences and two 2-bedroom, 2-bath residences. All four units have been extensively renovated with updated kitchens, beautifully finished bathrooms, modern flooring, fixtures, and contemporary finishes throughout. Each unit also features its own individual washer and dryer, adding convenience for tenants and further enhancing rental appeal. The property also features a new roof and a fully remodeled exterior, including upgraded landscaping and new artificial turf designed for attractive, low-maintenance ownership. The improvements and additional living area have been completed with permits, creating a highly desirable approximately 10-bedroom, 8-bath configuration. Pro forma rents of $4,250 for each 3-bedroom unit and $3,500 for each 2-bedroom unit generate approximately $15,500 in monthly Gross Scheduled Income and $186,000 in annual GSI. With strong Fountain Valley rental demand, an unusually desirable mix of larger two- and three-bedroom units, extensive interior and exterior improvements, in-unit laundry for every reside
Location
State CA
County Orange
Area 68 - N Of Heil, S Of Blsa, E Of Brookhrst, W Of Ha
Interior
Laundry In Kitchen
Exterior
Parking Features Off-Street Parking
Pool None
Building
Story One Story
Sewer Sewer Available
Water District - Public
Others
Tax ID 14422127
Special Listing Condition Not Applicable
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