Description
5.81% current cap rate. we are proud to present 7862 2nd st, located in the city of stanton. built in 1971, this eleven-unit two-story garden-style walk-up consists of one- and two-bedroom units. the property’s exterior and interiors have been renovated in 2024, leaving an investor a desirable asset with good in place rents. the exterior has new paint, double-pane vinyl windows, clean landscaping, wall air-conditioning, and attractive curb appeal. there are eleven garages and nine surface spots, giving the property twenty total parking for tenants. there is a leased on-site laundry room, and the garage doors are all new. near the rear of the building there is some seating for tenants, and the upper units have balconies. the building is an electric building, so there is no gas expense. the property is separately metered for electricity, and units have security screen doors.
the property is conveniently located off beach boulevard and less than 5 miles from disneyland resort, disney california adventure park, and less than 3 miles from the source oc shopping center, medieval times, knott’s berry farm, ralphs, target, and whole foods market.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
49052953
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Private Sewer
Interior Features
- Interior Features: Balcony,Ceiling Fan(s),Quartz Counters
- Windows: Double Pane Windows
- Property Appliances: Electric Oven,Electric Range,Electric Water Heater,Disposal,Water Heater
- Flooring: Vinyl
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1971
- Building Area Total: 8,475
Accessibility Features
- Parking
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.45
- Lot Size Source: Assessor
- Lot Size Square Feet: 19602
-
Listing Information
Listing Price Information
- Original List Price: 3,350,000
- Listing Contract Date: 2025-03-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 07923205
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: North on Beach Blvd, West on 2nd St
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Mixed Use
Building and Construction
- Property Age: 54
- Common Walls: 1 Common Wall
- Property Condition: Updated/Remodeled
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 03/28/2025 @ 13:41
- MLS: OC25030242
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 8,475 sqft, 19,602 sized lot, and 11 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Stanton , in zip code 90680, this Orange County Home are nearby neighborhoods.