Stanton, CA 90680,10550 Bell Street
Stanton, CA 90680,10550 Bell Street
Stanton, CA 90680,10550 Bell Street
Stanton, CA 90680,10550 Bell Street
Stanton, CA 90680,10550 Bell Street
Stanton, CA 90680,10550 Bell Street
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$3,080,000

$3,250,000

5.2%
Est.Price: ?

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Est. payment /mo

8 Beds

8 Baths

0.4 Acres Lot


SOLD DATE : 09/08/2022

Key Details

Sold Price $3,080,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22105505

Sold Date 09/08/22

Bedrooms 8

HOA Y/N No

Lot Size 0.400 Acres

Property Description

Great Investment Opportunity to obtain 8 Units (Two Legal 4-plexes) In a phenomenal location! Subject property located at 10550-10560 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. This property contains six (6) large 2 bedroom and 2 bath units and two (2) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and 6 of the 8 units have new flooring on the interiors. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Each 4-plex can be purchased separately at $1,699,000, but they must close concurrently. This property is a must-see!
Great Investment Opportunity to obtain 8 Units (Two Legal 4-plexes) In a phenomenal location! Subject property located at 10550-10560 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. This property contains six (6) large 2 bedroom and 2 bath units and two (2) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and 6 of the 8 units have new flooring on the interiors. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Each 4-plex can be purchased separately at $1,699,000, but they must close concurrently. This property is a must-see!

Location

State CA

County Orange

Area Oc - Stanton (90680)

Zoning Public Rec

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Conventional

Space Rent $1,825

Listing Terms Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Danny Owens • Owens Commerical Investments
Bought with Matthew Hoyt • Hoyt Real Estate, Inc.
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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