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Listed by Rick Violett • Investment Brokers O.C.
$1,350,000
Est. payment /mo
3,434 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,434 sqft
Price per Sqft $393
MLS Listing ID CRPW25198911
HOA Fees $735
HOA Y/N No
Year Built 1964
Lot Size 2,442 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
2134 Acama St. is an ideal investment for an investor who wants minimum management responsibilities, great investment potential, and great cash flow. ------MANAGEMENT RESPONSIBILITIES-----The owner's management responsibilities are minimized because the Homeowners Association manages and pays for all the following: insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, utilities, and a monthly contribution to a reserve fund that has over $450,000 dedicated to future expenses; all at a cost of only $735 per month. Owners of most other 4-unit buildings would have to pay much more for all those expenses. The major responsibility of the owner of this building is to collect rents. All current tenants use electronic rent payments, are never late, and, therefore, this property is ideal for someone who wants income, growth with inflation protection, and minimum time expenditure. ----GREAT INVESTMENT POTENTIAL------This location of this building ensures continued growth in value. It is one short block east of Harbor Blvd about one-half mile south of Disneyland. Within a ten-minute walk there are many major hotels, restaurants, and businesses that offer employment for residents.
Location
State CA
County Orange
Interior
Heating Electric, Radiant
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Appliance Electric Water Heater
Laundry Common Area
Exterior
View Other
Building
Lot Description Other
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