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7862 2nd Street, Stanton, CA 90680
Priced at Only: $3,350,000
For more Information Call Mobile: 714.478.6676
Address: 7862 2nd Street, Stanton, CA 90680
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  • MLS#: OC25030242 ( Commercial/Residential )
  • Street Address: 7862 2nd Street
  • Viewed: 2
  • Price: $3,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: ORANGE
  • City: Stanton
  • Zipcode: 90680
  • Provided by: Mark Bridge, Broker
  • Contact: Mark Mark
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    5.81% Current CAP Rate. We are proud to present 7862 2nd St, located in the City of Stanton. Built in 1971, this eleven unit two story garden style walk up consists of one and two bedroom units. The propertys exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. The exterior has new paint, double pane vinyl windows, clean landscaping, wall air conditioning, and attractive curb appeal. There are eleven garages and nine surface spots, giving the property twenty total parking for tenants. There is a leased on site laundry room, and the garage doors are all new. Near the rear of the building there is some seating for tenants, and the upper units have balconies. The building is an electric building, so there is no gas expense. The property is separately metered for electricity, and units have security screen doors. The property is conveniently located off Beach Boulevard and less than 5 miles from Disneyland Resort, Disney California Adventure Park, and less than 3 miles from The Source OC Shopping center, Medieval Times, Knotts Berry Farm, Ralphs, Target, and Whole Foods Market.
Features
Accessibility Features
  1. Parking
Appliances
  1. Electric Oven
  2. Electric Range
  3. Electric Water Heater
  4. Disposal
  5. Water Heater
Association Fee
  1. 0.00
Building Area Total
  1. 8475.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 1650.00
Flooring
  1. Vinyl
Fuel Expense
  1. 0.00
Garage Spaces
  1. 11.00
Gardner Expense
  1. 3000.00
Have
  1. 11 Units | Turn Key
Heating
  1. Wall Furnace
Insurance Expense
  1. 5500.00
Interior Features
  1. Balcony
  2. Ceiling Fan(s)
  3. Quartz Counters
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 1200.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 11-15 Units/Acre
  2. Paved
  3. Sprinklers Timer
Netoperatingincome
  1. 194486.00
Newtaxesexpense
  1. 37185.00
Number Of Separate Electric Meters
  1. 12
Number Wallac
  1. 11
Number With Disposal
  1. 11
Number With Range
  1. 11
Otherexpense
  1. 6681.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 07923205
Parking Features
  1. Assigned
  2. Garage
Pest Control Expense
  1. 1200.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 6000.00
Property Type
  1. Commercial/Residential
Property Condition
  1. Updated/Remodeled
Sewer
  1. Private Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 431946447:CRM
Tenant Pays
  1. Electricity
Totalactualrent
  1. 22800.00
Totalexpenses
  1. 72106.00
Trash Expense
  1. 2500.00
Uncovered Spaces
  1. 9.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 8208
Water Sewer Expense
  1. 2890.00
Water Source
  1. Public
Window Features
  1. Double Pane Windows
Year Built
  1. 1971
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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