Description
*** PRICED FOR A QUICK SALE *** Current Gross Annual Income = $45,264; Pro Forma = $52,800. Last purchased for $650,000, Seller has now authorized a sale price of only $524,900 to cover his loan balance and closing costs. Seller's (tremendous) loss is buyer's (enormous) gain. SERIOUS BUYERS ONLY WITH SOLID FINANCIALS AND ABILITY FOR A QUICK CLOSE. Large triplex comprised of one fully detached SFR-style unit with wraparound yard, and two sharing only one garage wall. Each 945sf unit has 2 bedrooms (one Primary), 2 full baths (one Primary), an attached 1-car garage with laundry area and direct home access, a cozy backyard with covered patio, and premium Evaporative Cooling. Units A and C are leased at market rate of $1,450/month each. Newer roof on Units A & B. Separate gas and electrical meters. Located in premium Village area - walking distance to the iconic Park Blvd and downtown activities. PROFESSIONALLY MANAGED AND METICULOUSLY MAINTAINED by a top-tier property management company. Identical, facing triplex (61947 Plaza Rd) also for sale at the same price. Both Triplexes comprise a substantial and comprehensive 6-UNIT COMPLEX generating over $86,544 annually, with Pro Forma of $108,540. Fully fenced and beautifully landscaped with lush Oleanders. *** LAST CHANCE ***
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0.29ACRES
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01/2 BATHS
School Ratings & Info
Description
*** PRICED FOR A QUICK SALE *** Current Gross Annual Income = $45,264; Pro Forma = $52,800. Last purchased for $650,000, Seller has now authorized a sale price of only $524,900 to cover his loan balance and closing costs. Seller's (tremendous) loss is buyer's (enormous) gain. SERIOUS BUYERS ONLY WITH SOLID FINANCIALS AND ABILITY FOR A QUICK CLOSE. Large triplex comprised of one fully detached SFR-style unit with wraparound yard, and two sharing only one garage wall. Each 945sf unit has 2 bedrooms (one Primary), 2 full baths (one Primary), an attached 1-car garage with laundry area and direct home access, a cozy backyard with covered patio, and premium Evaporative Cooling. Units A and C are leased at market rate of $1,450/month each. Newer roof on Units A & B. Separate gas and electrical meters. Located in premium Village area - walking distance to the iconic Park Blvd and downtown activities. PROFESSIONALLY MANAGED AND METICULOUSLY MAINTAINED by a top-tier property management company. Identical, facing triplex (61947 Plaza Rd) also for sale at the same price. Both Triplexes comprise a substantial and comprehensive 6-UNIT COMPLEX generating over $86,544 annually, with Pro Forma of $108,540. Fully fenced and beautifully landscaped with lush Oleanders. *** LAST CHANCE ***
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T12:26:28.457. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.