$1,850,000

Investment Opportunity/Tenant Occupied/Rent Bumps

  • 5 Beds
  • 3 Baths
  • 2,357 Sqft
  • Updated: August 5
  • 1
    Views for last 30 days
  • MLS#OC26160497

About the Property

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 $8,000 per month under a 5-year lease with a 5-year extension option and 3% annual rent increases, providing immediate income and long-term stability for investors. This spacious two-story home
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 $8,000 per month under a 5-year lease with a 5-year extension option and 3% annual rent increases, providing immediate income and long-term stability for investors. This spacious two-story home offers approximately 2,357 square feet with 5 bedrooms, 3 bathrooms, and an attached two-car garage. The partially upgraded interior features quartz countertops, recessed lighting, spacious living and dining areas, and a flexible floor plan designed for comfortable living. Situated on a quiet cul-de-sac in a desirable Westminster neighborhood, the property is conveniently located near shopping, restaurants, parks, schools, and major freeway access. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs. 1031 exchange friendly. Seller financing may be available for qualified buyers with acceptable terms.
  • Property type

    House

  • Price/sqft

    $784

Features

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16092 Feltham, Westminster, California, United States View on Google Maps
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Mikey Bente and Debra Gietter -

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Mikey Bente and Debra Gietter -
California, United States
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6
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2024
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Mikey Bente and Debra Gietter - Luxre Realty, Inc.
92648, Huntington Beach, California, United States
View agency profile
Last updated
August 5
First listed
Jul 30
Listing reference
229480
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