UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26160960
HOA Y/N No
Year Built 1972
Lot Size 3,920 Sqft
Property Sub-Type Triplex
Property Description
The property features three separately rented units, each with its own private one-car garage, abundant natural light, and desirable outdoor living spaces including private balconies, a spacious deck, or a fenced yard, depending on the unit. The residences feature updated vinyl plank flooring, fresh interior paint, functional kitchens with stainless steel appliances in select units, and an attractive mix of one-, two-, and three-bedroom floor plans that appeal to a broad tenant base. A shared on-site coin-operated laundry provides additional convenience for residents.
Owner currently pays water, sewer, trash, and hot water, while tenants enjoy a low-maintenance coastal lifestyle in one of Orange County's most sought-after rental markets. Current rental income offers immediate cash flow, with potential upside through future rental increases.
Whether you're completing a 1031 exchange, expanding your investment portfolio, or acquiring your first coastal multifamily asset, this property presents an outstanding opportunity in a prime location with historically strong tenant demand.
Location
State CA
County Orange
Area Cd - Coast District
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Curbs, Park, Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 69207210
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
MORTGAGE CALCULATOR
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