Property Detail

Description

Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $8,500 per month under a 5-year lease with a 5-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors.Beautifully remodeled, this single-story residence offers approximately 1,808 square feet of living space with 5 bedrooms, 3 bathrooms, and an attached two-car garage on a 6,000 square foot lot. The updated interior features quartz countertops, abundant self-closing cabinetry, a 4-burner gas range, recessed lighting, and spacious living and dining areas designed for comfortable everyday living.Additional highlights include a concrete tile roof, security camera system, washer and dryer hookups in the garage, and a quiet, established neighborhood conveniently located near parks, shopping, restaurants, highly rated schools, and major freeways. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.