THIS INVESTMENT WILL BRING YOU WELL OVER A 6% CAP RATE AT PRO FORMA RENTS. ADDRESS FOR EACH UNIT: 804 & 806 North Topeka Street. Great multiple-income investment property located in one of Orange County's busiest cities with 24-Millions visitors a year and a business hub for national conferences-- also home of the Ducks and Angels sports teams! This property boasts an excellent mix of two completely separate properties on one lot -- both are two (2) Bed / One (1) Bath units with their own private entrance. The front house has its own front yard, separate drive way and the back-house also has its private front yard with completely separate access point from the alley to pull into your one (1) car private garage. Each units also has washer/dryer hookups, individual heaters, and feels like a single family home without the cluttered feeling of the general units or apartments. The back property has been updated and vacant, kept as a model for private tours and viewings -- this one will go FAST!
Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2019 at 2:13pm CDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.